Written by ForexBrokers.com
In this head to head comparison of Questrade vs IUX, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Questrade and IUX are online brokers with different backgrounds: Questrade launched in 2000, while IUX started in 2016. Neither firm is publicly traded, and neither operates as a bank.
For regulation and safety, Questrade holds two Tier-1 licenses and no Tier-2 licenses; IUX holds one Tier-1 and one Tier-2 license. According to ForexBrokers.com, Questrade’s Trust Score is 85/99 (trusted), while IUX scores 76/99 (average risk). For context, ForexBrokers.com classifies 90–99 as highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and below 59 not trusted.
| Feature |
Questrade
|
IUX
|
|---|---|---|
| Year Founded | 2000 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
Comparing commissions and fees, IUX generally offers lower trading costs than Questrade on popular pairs like EUR/USD. Questrade’s target spread of 1.9 pips on EUR/USD is steep versus the industry average, while IUX lists notably tighter averages depending on the account you choose. Value-focused traders may favor IUX, but the right pick still depends on your deposit size and whether you want spread-only or commission pricing.
Questrade: 3.5 out of 5 stars for commissions and fees; ranked #33 of 63 by ForexBrokers.com. Its simple, spread-only pricing comes at a higher cost on EUR/USD (target 1.9 pips), which can add up for frequent traders.
IUX: 4.5 out of 5 stars for commissions and fees; ranked #19 of 63 by ForexBrokers.com. Pricing varies by account: Standard and Standard+ need just $10 to start (Standard has lower spreads; Standard+ supports deposit bonuses but with wider spreads). For active traders, the Pro and Raw accounts require $500: Pro is spread-only with an average EUR/USD spread around 0.7 pips, while Raw charges $6 per standard lot with an effective EUR/USD cost near 0.6 pips; the Standard account averages about 0.9 pips. Overall, IUX is competitive—especially on Pro and Raw—though it may not always beat the very lowest-cost leaders.
| Feature |
Questrade
|
IUX
|
|---|---|---|
| Minimum Deposit | $250 | 10 |
| Average spread (EUR/USD) - Standard account | N/A | 0.86 |
| All-in Cost EUR/USD - Active | N/A | 0.6 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Questrade vs IUX: both support forex trading (CFD or spot) and let you trade cryptocurrency via CFDs, but neither offers copy trading or the ability to buy actual crypto. Questrade provides a wider catalog with 641 tradeable symbols and 110 forex pairs, compared with IUX’s 152 symbols and 34 forex pairs. For exchange-traded securities, Questrade allows U.S. stocks like Apple as well as international shares such as Vodafone, while IUX offers international shares but not U.S.-listed stocks.
For range of investments, Questrade earns 5 stars and ranks #12 out of 63 brokers at ForexBrokers.com; IUX earns 3.5 stars and ranks #35. If you want the largest selection and access to both U.S. and international exchanges, Questrade is the stronger pick, while IUX may suit traders who want a smaller lineup focused on forex and crypto CFDs.
| Feature |
Questrade
|
IUX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 641 | 152 |
| Forex Pairs (Total) | 110 | 34 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | No | No |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers |
Dive deeper: Best Copy Trading Platforms.
Questrade and IUX both cover the essentials: each offers free paper trading, a proprietary platform, a Windows desktop download, a web-based platform, and the ability to place trades directly from charts. Neither supports copy trading or MetaTrader 4. One standout difference is MetaTrader 5 support—Questrade does not offer MT5, while IUX does—so IUX is the better fit if you specifically want MT5 compatibility.
According to ForexBrokers.com, Questrade is rated 4 stars and ranks #28 out of 63 brokers for Trading Platforms and Tools, while IUX earns 3.5 stars and ranks #35. The exact counts for built-in technical indicators and watchlist columns weren’t specified for either broker in the provided data. In short: choose IUX if MT5 access matters to you; pick Questrade if you want a slightly higher-rated, all-in-one proprietary experience with web and desktop platforms plus paper trading.
| Feature |
Questrade
|
IUX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | No |
| MetaTrader 4 (MT4) | No | No |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 64 | 106 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Questrade and IUX both offer mobile trading apps for iPhone and Android. Questrade includes stock and forex price alerts and syncs watchlists between the app and your online account; IUX lacks both features. For charting tools, Questrade lets you draw trendlines and automatically saves your drawings; IUX also auto saves drawings but does not support trendline drawing.
When it comes to indicators, IUX provides 106 technical studies versus 64 on Questrade. Even so, Questrade holds the stronger overall app score, earning 4 stars and a #28 ranking out of 63 brokers for Mobile Trading Apps at ForexBrokers.com, while IUX is rated 3.5 stars and ranked #35. If alerts, synced watchlists, and drawing tools matter most, Questrade is the safer pick; if you want more built-in studies, IUX has the edge.
| Feature |
Questrade
|
IUX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | No |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 64 | 106 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
In a Questrade vs IUX market research comparison, Questrade holds a clear edge thanks to added third‑party tools. Questrade includes Autochartist and Trading Central for technical and fundamental insights, plus TipRanks for analyst-driven stock research. IUX does not offer Autochartist, Trading Central, or TipRanks. Both brokers provide an economic calendar, but neither offers daily market commentary or a sentiment tool showing long/short positioning. IUX does not provide top‑tier forex news (e.g., Bloomberg/Reuters), while this is not specified for Questrade.
These differences are reflected in the scores: Questrade earns 3.5 out of 5 stars for Research and ranks #34 out of 63 brokers on ForexBrokers.com, while IUX scores 3 stars and ranks #35. If you want built‑in analysis from well-known providers, Questrade is the stronger choice; if you only need a basic calendar and platform tools, IUX may be enough.
| Feature |
Questrade
|
IUX
|
|---|---|---|
| Daily Market Commentary (Articles) | No | No |
| Forex News (Top-Tier Sources) | No | |
| Autochartist | Yes | No |
| Trading Central | Yes | No |
| Client sentiment data | No | No |
| TipRanks | Yes | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing Questrade vs IUX for beginner education: both brokers provide at least 10 beginner-focused trading videos, which is helpful if you prefer learning through short lessons. Neither runs monthly client webinars, and neither meets the bar of 10+ advanced trading videos for experienced traders. The available info does not confirm whether either broker offers a full set of at least 10 forex- or CFDs-specific education pieces.
On overall education quality, Questrade earns 3.5 out of 5 stars and ranks #28 out of 63 brokers on ForexBrokers.com, while IUX scores 3 stars and ranks #35. If you want stronger beginner video coverage with a higher education rating and ranking, Questrade has a slight edge. If live webinars or a deep library for advanced traders are must-haves, neither platform checks those boxes.
| Feature |
Questrade
|
IUX
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Questrade is better than IUX. Questrade finished with an overall rank of #29, while IUX finished with an overall rank of #35.
Regulated in both the U.S. and Canada, Questrade is a trusted full-service multi-asset broker offering forex and CFDs alongside its stock trading services for active and passive investors. While its scope of educational resources and in-house research is limited, Questrade has an impressive platform lineup.
| Feature |
Questrade
|
IUX
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 85 | 76 |
| Range of Investments |
|
|
| Trading Fees |
|
|
| Trading Platforms |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Questrade vs IUX: neither platform lets you buy actual delivered cryptocurrency, but both support trading cryptocurrency CFDs.
Questrade vs IUX deposit and withdrawal comparison: both do not support ACH or SEPA transfers or PayPal, IUX supports Skrill while Questrade does not, both support bank wire transfers, and Visa/Mastercard availability is not specified for either broker.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
Select Brokers
↓×Compare
0 of 5| Overall Rating | Questrade | IUX | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 85 | 76 | |
| Winner | check_circle | ||
| Review | Questrade Review | IUX Review |
| Broker Screenshots | Questrade | IUX | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
| Regulation | Questrade | IUX | |
|---|---|---|---|
| Trust Score | 85 | 76 | |
| Year Founded | 2000 | 2016 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Questrade | IUX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | ||
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No |
| Tier-2 Licenses (Trusted) | Questrade | IUX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Questrade | IUX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 641 | 152 | |
| Forex Pairs (Total) | 110 | 34 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | No | No | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers |
| Cost | Questrade | IUX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | N/A | 0.86 | |
| All-in Cost EUR/USD - Active | N/A | 0.6 | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | No | Yes |
| Funding | Questrade | IUX | |
|---|---|---|---|
| Minimum Deposit | $250 | 10 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | Questrade | IUX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | No | |
| MetaTrader 4 (MT4) | No | No | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | Questrade | IUX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 64 | 106 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | Questrade | IUX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | No | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 64 | 106 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | Questrade | IUX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | No | No | |
| Forex News (Top-Tier Sources) | No | ||
| Autochartist | Yes | No | |
| Trading Central | Yes | No | |
| TipRanks | Yes | No | |
| Client sentiment data | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Questrade | IUX | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No |
| Major Forex Pairs | Questrade | IUX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Questrade Review | IUX Review |
| Overall | Questrade | IUX | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 85 | 76 | |
| Winner | check_circle | ||
| Review | Questrade Review | IUX Review |
IG
FOREX.com
CMC Markets
XTB
eToro
AvaTrade
Pepperstone
FP Markets
Tickmill