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, founded in 2000, stands out with a ForexBrokers.com Trust Score of 86, categorizing it as a trusted broker. Despite not being publicly traded or operating as a bank, Questrade holds two Tier-1 licenses, which are highly trusted. In comparison, IUX, established in 2016 with a Trust Score of 78, is deemed an average risk. Like Questrade, IUX is not publicly traded nor a bank, and it holds one Tier-1 and one Tier-2 license. These details can guide potential investors when evaluating the trustworthiness and regulatory backing of these platforms.
| 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 |
Questrade vs. IUX: commissions and fees compared. IUX earns 4 out of 5 stars and ranks #49 of 63 brokers for Commissions and Fees (ForexBrokers.com), while Questrade earns 3 out of 5 stars and ranks #59 of 63. If you’re focused on trading costs, IUX generally offers leaner pricing than Questrade.
Questrade lists a 1.9-pip target spread on EUR/USD, which is high compared with the industry average. That kind of spread can add up for active forex traders and may make Questrade less appealing on pure costs.
IUX prices vary by account type. Standard and Standard+ need just a $10 minimum; Standard+ supports deposit bonus promotions but has wider spreads, while Standard offers lower spreads without bonuses. For active traders, the Raw and Pro accounts each require $500. Raw advertises the lowest spreads but charges a $6 commission per 100,000 units; Pro is spread-only with tighter pricing than Standard. Reported average EUR/USD spreads are about 0.9 pips on Standard, 0.7 pips on Pro, and roughly 0.6 pips effective on Raw once you factor in the commission. Overall, IUX’s pricing is competitive (though not the absolute cheapest), so weigh spreads, commissions, and deposit requirements to pick the best fit.
| Feature |
Questrade
|
IUX
|
|---|---|---|
| Minimum Deposit | $250 | 10 |
| Average spread (EUR/USD) - Standard account | N/A | 0.9 |
| 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.
Comparing Questrade vs IUX for range of investments, Questrade offers a broader lineup: 641 tradeable symbols and 110 forex pairs, versus IUX’s 152 symbols and 34 pairs. Both let you trade forex as CFDs or spot, and both support cryptocurrency via CFDs (not actual coins). For exchange-traded securities, Questrade lets you buy U.S. stocks like Apple and international shares, while IUX does not offer U.S.-listed shares but does offer some international exchange-traded markets.
Neither broker offers copy trading or direct, delivered crypto. In ratings by ForexBrokers.com, Questrade earned 5 stars for Range of Investments and ranked #12 out of 63 brokers, while IUX received 3.5 stars and ranked #61. If you want more symbols, more currency pairs, and access to both U.S. and international shares, Questrade is the stronger choice; IUX may suit traders focused on CFDs with a smaller lineup.
| 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 check the key boxes for traders who want flexible access: each offers a free paper trading demo, a proprietary platform, a Windows desktop app, and a web-based platform. Both also let you place orders directly from charts and do not support copy trading. Platform choice differs if you want MetaTrader: neither broker offers MT4, but IUX supports MetaTrader 5 (MT5) while Questrade does not—making IUX the pick for MT5 users.
In independent testing by ForexBrokers.com, Questrade earns 4 out of 5 stars and ranks 35th out of 63 brokers for Trading Platforms and Tools, while IUX earns 3.5 out of 5 stars and ranks 60th. If you value a higher overall platform/tools rating, Questrade has the edge; if MT5 access is essential, IUX stands out.
| 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. The everyday tools differ, though: Questrade supports price alerts and syncs your watchlists with your online account, so changes on phone or web match automatically. IUX lacks both alerts and watchlist syncing. According to ForexBrokers.com, Questrade’s mobile app is rated 4 out of 5 stars and ranks 35th out of 63 brokers, while IUX earns 3.5 stars and ranks 61st.
Charting is a trade-off. IUX includes 106 technical studies versus 64 on Questrade, which may appeal to indicator-focused traders. However, Questrade lets you draw trendlines in the app and saves those drawings automatically; IUX also auto-saves but does not support trendline drawing. In short, pick Questrade if you want alerts, synced watchlists, and drawing tools, and consider IUX if you want a larger set of built-in indicators and can live without alerts and trendlines.
| 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.
Questrade vs IUX: both brokers skip daily market commentary and do not provide a sentiment tool or Acuity Trading add-ons, though each includes an economic calendar for upcoming events. Where they differ is in third‑party research: Questrade offers Autochartist and Trading Central for technical analysis plus TipRanks for stock research, while IUX doesn’t include these. Access to top‑tier forex news is not specified for Questrade, and IUX does not offer it.
For research quality, Questrade is rated 3.5/5 and ranks #52 out of 63 brokers at ForexBrokers.com, while IUX scores 3/5 and ranks #60. If you want built‑in technical and equity research tools, Questrade is the stronger choice; if you only need a basic economic calendar, either platform will cover that need.
| 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.
Questrade vs. IUX for beginner education: Both brokers provide at least 10 beginner-friendly trading videos, giving newcomers a solid starting point. Neither broker runs monthly educational webinars, and neither offers 10 or more advanced trading videos. Dedicated forex or CFD education libraries of 10+ pieces are not confirmed for either, so traders focused on those topics may need to look elsewhere for deeper coverage.
Questrade earns 3.5 out of 5 stars for Education and ranks 36th out of 63 brokers on ForexBrokers.com, while IUX scores 3 stars and ranks 60th. For most beginners, Questrade edges ahead thanks to its stronger overall education rating and ranking, though both can help you get started with video lessons. If you value webinars or a large, confirmed forex/CFD course library, keep those gaps in mind when deciding.
| 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 #32, while IUX finished with an overall rank of #55.
Regulated in both the U.S. and Canada, Questrade is a trusted full-service multi-asset broker now 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
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IUX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 86 | 78 |
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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.
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0 of 5| Overall Rating | Questrade | IUX | |
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| Trust Score | 86 | 78 | |
| Winner | check_circle | ||
| Review | Questrade Review | IUX Review |
| Broker Screenshots | Questrade | IUX | |
|---|---|---|---|
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| Regulation | Questrade | IUX | |
|---|---|---|---|
| Trust Score | 86 | 78 | |
| 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 SCA 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 | 0.9 | |
| 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 | |
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| Trust Score | 86 | 78 | |
| Winner | check_circle | ||
| Review | Questrade Review | IUX Review |
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