Written by ForexBrokers.com
In this head to head comparison of Questrade vs Libertex (Forex Club), 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.
When comparing online brokers Questrade and Libertex (Forex Club), it’s essential to consider their history and regulatory credentials. Questrade, founded in 2000, and Libertex, established in 1997, are both not publicly traded nor operating as banks. While both companies share these characteristics, their regulatory standings differ. Questrade boasts two Tier-1 licenses, considered highly trusted, contributing to its reputable status with a Trust Score of 86, placing it in the trusted category according to ForexBrokers.com.
In contrast, Libertex (Forex Club) holds one Tier-1 license and has a Trust Score of 73, indicating an average risk level. Although neither broker is rated as highly trusted, Questrade edges ahead with a stronger regulatory framework, offering traders additional peace of mind. Whether you prioritize trust scores or the longevity of a broker's operation, these insights can guide your decision-making when selecting between Questrade and Libertex for your trading needs.
| Feature |
Questrade
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2000 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 0 |
Comparing commissions and fees, Questrade lists a target spread of 1.9 pips on EUR/USD, which is steep versus the industry average. In contrast, Libertex (Forex Club) does not provide average spread data, making it harder to estimate typical trading costs or compare day-to-day pricing.
Both brokers earn 3 out of 5 stars for commissions and fees from ForexBrokers.com. In the category rankings, Questrade places #59 out of 63 brokers, while Libertex (Forex Club) ranks #63 out of 63. These results suggest that neither broker leads on pricing, with Questrade holding a slight edge and Libertex trailing the field; cost-focused traders may want to verify current spreads and fees before choosing.
| Feature |
Questrade
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $250 | $10 |
| Average spread (EUR/USD) - Standard account | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | No | Yes |
| PayPal (Deposit/Withdraw) | No | |
| Skrill (Deposit/Withdraw) | No | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
In the Questrade vs Libertex (Forex Club) matchup for range of investments, Questrade offers a wider menu: 641 tradeable symbols and 110 forex pairs, versus Libertex’s 300 symbols and 51 pairs. Both let you trade forex either as CFDs or spot contracts. Questrade also lets you buy exchange-traded securities on U.S. and international markets (for example, Apple on NASDAQ or Vodafone in London), while Libertex does not offer exchange-traded stocks. Both support cryptocurrency via CFDs but not actual delivered crypto. Questrade does not provide copy trading; Libertex does.
These differences show up in independent ratings: Questrade earns 5 stars for Range of Investments and ranks 12th out of 63 brokers on ForexBrokers.com, while Libertex (Forex Club) holds 3.5 stars and ranks 54th. In short, Questrade suits investors who want a broad lineup including stocks on major exchanges, whereas Libertex may appeal if you prefer CFD trading with copy-trading tools.
| Feature |
Questrade
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 641 | 300 |
| Forex Pairs (Total) | 110 | 51 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | No | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
Questrade vs. Libertex (Forex Club): Both brokers provide free demo (paper) accounts, proprietary platforms, and access on Windows desktop and in your web browser. Each supports trading directly from charts. Key differences: Libertex offers copy trading and MetaTrader 4 (MT4), while Questrade does not. Neither broker supports MetaTrader 5 (MT5). The exact counts of technical indicators and watch list columns are not specified in this data.
According to ForexBrokers.com, both Questrade and Libertex earn 4 out of 5 stars for Trading Platforms and Tools, with Questrade ranked #35 of 63 brokers and Libertex ranked #51. In short: pick Libertex if you need MT4 or copy trading; pick Questrade if you prefer an in-house platform and don’t need MT4 or social trading. Since both offer demo accounts, you can test each platform risk-free to see which feels better for you.
| Feature |
Questrade
|
Libertex (Forex Club)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | No |
| Charting - Indicators / Studies (Total) | 64 | 15 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Questrade and Libertex (Forex Club) both offer mobile trading apps for iPhone and Android. Each app supports stock and forex price alerts, and both sync watchlists across mobile and online accounts so your changes carry over wherever you sign in.
Charting is where they differ most. Questrade includes 64 technical studies compared with 30 on Libertex, and while both let you draw trendlines, only Questrade auto-saves your drawings. Despite these differences, both apps earn 4 out of 5 stars. However, ForexBrokers.com ranks Questrade higher for Mobile Trading Apps (#35 of 63) than Libertex (#50 of 63). If you want more indicators and saved annotations, Questrade has the edge; for core features, both apps deliver.
| Feature |
Questrade
|
Libertex (Forex Club)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 64 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
Questrade edges Libertex (Forex Club) for market research, earning 3.5 stars and ranking 52nd out of 63 brokers, while Libertex holds 3 stars and ranks 62nd. Questrade’s lead comes from integrated third-party tools such as Autochartist and Trading Central, which Libertex does not offer.
Both brokers skip daily market commentary and both include an economic calendar. Libertex provides forex news from top-tier sources, whereas Questrade’s access to such news isn’t specified. Questrade adds TipRanks research and does not include Acuity Trading tools; Libertex does not list TipRanks or Acuity. Neither offers a sentiment tool. In short: choose Questrade for trade ideas and technical analysis tools, or Libertex if integrated news headlines matter more.
| Feature |
Questrade
|
Libertex (Forex Club)
|
|---|---|---|
| Daily Market Commentary (Articles) | No | No |
| Forex News (Top-Tier Sources) | Yes | |
| Autochartist | Yes | No |
| Trading Central | Yes | No |
| Client sentiment data | No | No |
| TipRanks | Yes | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Questrade vs. Libertex (Forex Club) for beginner education: Questrade is the stronger pick for newcomers, offering at least 10 beginner-focused trading videos. Libertex does not meet that beginner-video threshold. Neither broker runs monthly client webinars, so you won’t find a steady stream of live classes. Whether either brand maintains a 10+ piece library dedicated specifically to forex or CFD education isn’t specified in the information provided.
For overall education quality, ForexBrokers.com rates Questrade 3.5/5 (ranked #36 of 63) and Libertex 3/5 (ranked #58). If you’re just getting started with trading, Questrade’s beginner videos can help you learn the basics of markets, platforms, and risk. If you’re already experienced and want deeper material, Libertex offers at least 10 advanced-level videos, while Questrade does not. Pick the broker that matches your learning stage in forex and CFD trading.
| Feature |
Questrade
|
Libertex (Forex Club)
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | Yes |
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 Libertex (Forex Club). Questrade finished with an overall rank of #32, while Libertex (Forex Club) finished with an overall rank of #61.
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
|
Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 86 | 73 |
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Questrade and Libertex (Forex Club) both do not allow buying actual (delivered) cryptocurrency, but each offers cryptocurrency CFDs, making them comparable options for traders seeking derivative crypto exposure rather than direct coin ownership.
Questrade vs Libertex (Forex Club) funding methods: Questrade does not support ACH/SEPA, PayPal, or Skrill but does allow bank wire transfers (Visa/Mastercard not specified), while Libertex (Forex Club) supports ACH/SEPA, with PayPal, Skrill, Visa/Mastercard, and bank wire availability not specified.
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 | Libertex (Forex Club) | |
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| Trust Score | 86 | 73 | |
| Winner | check_circle | ||
| Review | Questrade Review |
| Broker Screenshots | Questrade | Libertex (Forex Club) | |
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| Broker Gallery (click to expand) |
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| Regulation | Questrade | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 86 | 73 | |
| Year Founded | 2000 | 1997 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 0 |
| Tier-1 Licenses (Highly Trusted) | Questrade | Libertex (Forex Club) | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | ||
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | 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 | Yes |
| Tier-2 Licenses (Trusted) | Questrade | Libertex (Forex Club) | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | Questrade | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 641 | 300 | |
| Forex Pairs (Total) | 110 | 51 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | No | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Questrade | Libertex (Forex Club) | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | No | Yes |
| Funding | Questrade | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $250 | $10 | |
| PayPal (Deposit/Withdraw) | No | ||
| Skrill (Deposit/Withdraw) | No | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | Yes |
| Trading Platforms | Questrade | Libertex (Forex Club) | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No |
| Trading Tools | Questrade | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 64 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Questrade | Libertex (Forex Club) | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 64 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Questrade | Libertex (Forex Club) | |
|---|---|---|---|
| Daily Market Commentary (Articles) | No | No | |
| Forex News (Top-Tier Sources) | Yes | ||
| Autochartist | Yes | No | |
| Trading Central | Yes | No | |
| TipRanks | Yes | ||
| Client sentiment data | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Questrade | Libertex (Forex Club) | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | Yes |
| Major Forex Pairs | Questrade | Libertex (Forex Club) | |
|---|---|---|---|
| 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 |
| Overall | Questrade | Libertex (Forex Club) | |
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| Trust Score | 86 | 73 | |
| Winner | check_circle | ||
| Review | Questrade Review |
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