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Questrade vs IUX 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

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.

Questrade
4/5 Stars Overall
  • Minimum Deposit: $250
  • Trust Score: 86
  • Tradeable Symbols (Total): 641
IUX
3.5/5 Stars Overall
  • Minimum Deposit: 10
  • Trust Score: 78
  • Tradeable Symbols (Total): 152

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.

Regulation

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 logoQuestrade
IUX logoIUX
Year Founded info 2000 2016
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 2 1
Tier-2 Licenses info 0 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 1

Fees

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 logoQuestrade
IUX logoIUX
Minimum Deposit info $250 10
Average Spread EUR/USD - Standard info N/A 0.9
All-in Cost EUR/USD - Active info N/A 0.6
Active Trader or VIP Discounts info No Yes
ACH or SEPA Transfers info No No
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

Questrade vs IUX: For range of investments, Questrade offers far more choice. Questrade lists 641 tradeable symbols and 110 forex pairs, while IUX provides 152 symbols and 34 forex pairs. Both brokers support forex trading via CFDs and/or spot contracts. Neither offers copy trading or the ability to buy actual cryptocurrency, though both provide crypto derivatives.

If you want access to exchange-traded shares, Questrade lets you buy U.S. stocks (such as Apple on NASDAQ) and international shares, whereas IUX does not offer U.S.-listed securities but does offer some international exchange-traded securities. Reflecting this breadth, Questrade earns 5 stars and ranks #12 out of 63 brokers for Range of Investments, while IUX earns 3.5 stars and ranks #61.

Feature Questrade logoQuestrade
IUX logoIUX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 641 152
Forex Pairs (Total) info 110 34
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes Yes
Social Trading / Copy Trading info No No
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes Yes
Disclaimers

Dive deeper: Best Copy Trading Platforms.

Trading platforms and tools

Questrade and IUX both cover the essentials for traders who want flexibility: each provides a free demo (paper trading) account, proprietary in-house platforms, a Windows desktop download, and a web-based platform. You can place orders directly from charts on both. Neither supports copy trading or ZuluTrade, but Questrade adds DupliTrade while IUX does not. For third-party platforms, MT4 is not available at either broker; MT5 is available at IUX but not at Questrade.

For charting tools, IUX lists 89 drawing tools versus 20 at Questrade, while Questrade offers more watchlist fields (52 vs 46). According to ForexBrokers.com, Questrade is rated 4 stars and ranks 35th out of 63 brokers for Trading Platforms and Tools, compared with IUX at 3.5 stars and 60th. Choose Questrade if you value a higher platform/tools rating and DupliTrade access; pick IUX if you want MetaTrader 5 and a wider set of drawing tools.

Feature Questrade logoQuestrade
IUX logoIUX
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info No No
MetaTrader 4 (MT4) info No No
MetaTrader 5 (MT5) info No Yes
DupliTrade info Yes No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 64 106
Charting - Drawing Tools (Total) info 20 89
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 52 46

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Questrade and IUX both offer iPhone and Android mobile trading apps. You can build watchlists with real-time quotes on each. Charting on both supports multiple time frames and autosaves your drawings. Questrade lets you draw trendlines, while IUX does not. For indicators, IUX lists 106 technical studies compared with 64 on Questrade. A key difference: Questrade provides stock and forex price alerts and syncs watchlist symbols with your online account; IUX lacks alerts and does not sync watchlists between app and web.

Looking at quality scores, Questrade’s mobile trading app is rated 4 out of 5 stars and ranks 35th out of 63 brokers in ForexBrokers.com’s Mobile Trading Apps category. IUX earns 3.5 stars and ranks 61st out of 63. In short, active traders who want alerts, trendline tools, and synced watchlists may lean toward Questrade, while traders who value a larger set of built-in technical studies may like IUX despite its lower rating and missing alerts.

Feature Questrade logoQuestrade
IUX logoIUX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes No
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 64 106
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

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 logoQuestrade
IUX logoIUX
Daily Market Commentary info No No
Forex News (Top-Tier Sources) info No
Autochartist info Yes No
Trading Central (Recognia) info Yes No
Social Sentiment - Currency Pairs info No No
TipRanks info Yes No
Signal Centre (Acuity Trading) info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

Comparing Questrade vs IUX for beginner education, Questrade comes out ahead. Questrade provides 10+ pieces focused on forex and CFDs and offers a searchable archive of recorded client webinars. Neither broker hosts monthly live educational webinars. Both brokers supply at least 10 beginner trading videos, but neither hits the 10-video mark for advanced topics and neither has a 50+ term investor dictionary. Overall, Questrade earns 3.5 stars and ranks 36th out of 63 brokers for Education, while IUX earns 3 stars and ranks 60th.

For new traders who want structured learning on forex and CFDs and the ability to replay past webinars, Questrade is the stronger pick. IUX can work if you only need basic beginner videos, but it lacks dedicated forex/CFD education and offers no webinar archive. Keep in mind that both brokers skip monthly live webinars and have limited advanced materials, so you may need outside resources as you progress.

Feature Questrade logoQuestrade
IUX logoIUX
Education (Forex or CFDs) info Yes No
Client Webinars info No No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info No No
Investor Dictionary (Glossary) info No No

Dive deeper: Best Forex Brokers for Beginners.

Winner

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 logoQuestrade
IUX logoIUX
Overall Rating info 4/5 Stars 3.5/5 Stars
Trust Score info 86 78
Range of Investments 5/5 Stars 3.5/5 Stars
Commissions & Fees 3/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 3.5/5 Stars
Research 3.5/5 Stars 3/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Education 3.5/5 Stars 3/5 Stars

FAQs

Can you trade cryptocurrency with Questrade or IUX?

Both Questrade and IUX do not offer the option to buy actual (delivered) cryptocurrency, but they both provide the ability to purchase cryptocurrency derivatives.

What funding options does each broker offer?

When comparing online brokers Questrade and IUX, both lack ACH, SEPA, and PayPal options for depositing or withdrawing funds, yet they both support Visa, Mastercard, and bank wire transactions, while IUX uniquely offers Skrill as an additional funding option.




announcementPlease 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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Compare

0 of 5
Overall Rating Questrade IUX
Overall Rating info 4/5 Stars 3.5/5 Stars
Commissions & Fees 3/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Research 3.5/5 Stars 3/5 Stars
Education 3.5/5 Stars 3/5 Stars
Trust Score info 86 78
Winner check_circle
Review Questrade Review IUX Review
Broker Screenshots Questrade IUX
Broker Gallery (click to expand) info
Regulation Questrade IUX
Trust Score info 86 78
Year Founded info 2000 2016
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info No No
Tier-1 Licenses info 2 1
Tier-2 Licenses info 0 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 1
Tier-1 Licenses (Highly Trusted) Questrade IUX
Australia (ASIC Authorised) info Yes
Canada (CIRO Authorised) info Yes No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info No No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info No No
Tier-2 Licenses (Trusted) Questrade IUX
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No Yes
UAE (DFSA, FSRA, or SCA Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments Questrade IUX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 641 152
Forex Pairs (Total) info 110 34
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes Yes
Social Trading / Copy Trading info No No
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes Yes
Disclaimers
Cost Questrade IUX
Average Spread EUR/USD - Standard info N/A 0.9
All-in Cost EUR/USD - Active info N/A 0.6
Active Trader or VIP Discounts info No Yes
Inactivity Fee info No Yes
Execution: Agency Broker info Yes No
Execution: Market Maker info No Yes
Funding Questrade IUX
Minimum Deposit info $250 10
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No No
Trading Platforms Questrade IUX
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info No No
MetaTrader 4 (MT4) info No No
MetaTrader 5 (MT5) info No Yes
cTrader info No No
DupliTrade info Yes No
ZuluTrade info No No
Trading Tools Questrade IUX
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 52 46
Charting - Indicators / Studies (Total) info 64 106
Charting - Drawing Tools (Total) info 20 89
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes No
Mobile Trading Questrade IUX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes No
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 64 106
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Economic Calendar info Yes No
Research Questrade IUX
Daily Market Commentary info No No
Forex News (Top-Tier Sources) info No
Autochartist info Yes No
Trading Central (Recognia) info Yes No
TipRanks info Yes No
Social Sentiment - Currency Pairs info No No
Economic Calendar info Yes Yes
Education Questrade IUX
Education (Forex or CFDs) info Yes No
Client Webinars info No No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info No No
Investor Dictionary (Glossary) info No No
Major Forex Pairs Questrade IUX
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review Questrade Review IUX Review
Overall Questrade IUX
Overall Rating info 4/5 Stars 3.5/5 Stars
Commissions & Fees 3/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Research 3.5/5 Stars 3/5 Stars
Education 3.5/5 Stars 3/5 Stars
Trust Score info 86 78
Winner check_circle
Review Questrade Review IUX Review
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