Written by ForexBrokers.com
In this head to head comparison of Tickmill vs Questrade, 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.
Tickmill vs. Questrade: Tickmill was founded in 2014, while Questrade dates back to 2000. Neither broker is publicly traded, and neither operates as a bank.
Both brokers hold a ForexBrokers.com Trust Score of 85/99, placing them in the “trusted” 80–89 range (90–99 highly trusted; 70–79 average risk; 60–69 high risk; below 59 not trusted). For regulation, Tickmill holds two Tier-1 licenses (highly trusted regulators) plus two Tier-2 licenses (trusted), whereas Questrade holds one Tier-1 license and no Tier-2 licenses. In short, both are trusted, with Tickmill showing a wider set of regulatory approvals.
| Feature |
Tickmill
|
Questrade
|
|---|---|---|
| Year Founded | 2014 | 2000 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
Comparing commissions and fees, Tickmill is generally cheaper for forex than Questrade, especially for high-frequency traders. Tickmill earns 4.5 out of 5 stars and ranks #10 of 63 brokers for Commissions and Fees, while Questrade earns 3.5 out of 5 stars and ranks #33 of 63. The key difference: Tickmill’s Raw account pairs very tight spreads with a small per-trade commission, whereas Questrade bakes its costs into wider spreads (and adds fees for some CFDs).
Tickmill offers two account types. The Classic account is commission-free but has higher average spreads (about 1.76 pips as of August 2023). The Raw account (which replaced Pro) charges $3 per side ($6 per standard lot) and targets very tight spreads—Tickmill lists a typical 0.11-pip EUR/USD spread (October 2023). After the commission increase, the all-in EUR/USD cost on the Raw account is about 0.71 pips (0.11 spread + 0.60 commission equivalent). The Raw account’s $100 minimum keeps entry simple while delivering low all-in pricing.
Questrade Global is a spread-only broker, so there’s no separate forex commission. While Questrade says spreads can be as low as 0.8 pips in normal markets, observed averages for major pairs are often around 2.1–2.5 pips; a typical 2-pip spread on a standard lot is roughly $20 per trade in all-in cost. For CFDs, Questrade adds a $9.95 USD trading fee per unit when you open and another $9.95 when you close (total $19.95 USD per unit), plus overnight financing if you hold the position. This pricing structure can add up quickly compared with Tickmill’s Raw account model.
| Feature |
Tickmill
|
Questrade
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average spread (EUR/USD) - Standard account | 1.70 | 0.8 or higher |
| All-in Cost EUR/USD - Active | 0.70 | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Tickmill vs. Questrade: both let you trade forex either as CFDs or spot contracts. Questrade offers a slightly wider overall selection with 675 tradeable symbols compared with Tickmill’s 637, and it leads in currency variety with 110 forex pairs versus Tickmill’s 63. According to this data, neither broker lets you buy exchange‑traded securities (not CFDs) on U.S. or international exchanges.
When it comes to extras, Tickmill supports copy trading and offers cryptocurrency via CFDs, while Questrade does not provide copy trading or crypto CFDs; neither broker lets you buy actual crypto. For Range of Investments, ForexBrokers.com rates Questrade 5/5 (ranked #12 of 63) and Tickmill 3.5/5 (ranked #30), indicating Questrade takes the lead for overall variety, even though Tickmill adds copy trading and crypto CFD access.
| Feature |
Tickmill
|
Questrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 637 | 675 |
| Forex Pairs (Total) | 63 | 110 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | No |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | Yes | No |
| 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.
Comparing online brokers Tickmill and Questrade on trading platforms and tools: both provide free paper trading with demo accounts, Windows-based desktop downloads, and web platforms. Tickmill does not have a proprietary platform; instead, it supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), plus copy trading and the ability to place trades directly from charts. Questrade offers a proprietary platform for both desktop and web, supports trading directly from charts, but does not offer MT4, MT5, or copy trading.
For Trading Platforms and Tools, both brokers earn 4 out of 5 stars. In ForexBrokers.com’s rankings of 63 brokers, Tickmill places #24 and Questrade places #28. Choose Tickmill if you want MT4/MT5 and copy trading; pick Questrade if you prefer a broker-built platform experience. Either way, you can practice first with a free demo.
| Feature |
Tickmill
|
Questrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 91 | 64 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Tickmill and Questrade both offer mobile trading apps for iPhone and Android. Each app supports price alerts, lets you draw trendlines on charts, and automatically saves those drawings. If you’re moving between devices, note the key difference: Questrade syncs your watchlists with your online account, while Tickmill does not.
For charting depth, Questrade includes 64 technical studies compared with Tickmill’s 30, giving more options for analysis. That said, Tickmill earns the higher mobile app marks overall: ForexBrokers.com rates Tickmill at 4 stars and ranks it #25 out of 63 brokers, versus Questrade’s 3.5 stars and #28 ranking. Choose Questrade if synced watchlists and more indicators are must-haves; pick Tickmill if a higher-rated mobile app is your priority.
| Feature |
Tickmill
|
Questrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 64 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
In a Tickmill vs Questrade research comparison, Tickmill delivers broader in-platform coverage: daily market commentary, forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones, a sentiment tool showing long/short positioning, Acuity Trading tools such as Signal Centre, and an economic calendar. Tickmill does not include Autochartist, Trading Central, or TipRanks. ForexBrokers.com rates Tickmill 4.0 out of 5 stars for Research and ranks it 19th out of 63 brokers.
Questrade leans on third-party analytics, offering Autochartist, Trading Central, and TipRanks for technical and fundamental insights. However, it lacks daily market commentary, top-tier forex news, a sentiment tool, Acuity Trading integrations, and an economic calendar. ForexBrokers.com rates Questrade 3.5 out of 5 stars for Research and ranks it 34th out of 63. Choose Tickmill if you want built-in news, sentiment, and calendar tools; pick Questrade if your priority is Autochartist, Trading Central, and TipRanks.
| Feature |
Tickmill
|
Questrade
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | Yes |
| Trading Central | No | Yes |
| Client sentiment data | Yes | No |
| TipRanks | No | Yes |
| Acuity Trading | Yes | No |
| Economic Calendar | Yes | No |
Dive deeper: Best Brokers for Forex Research.
Comparing education for beginners, Tickmill offers more hands-on learning than Questrade. Tickmill hosts ongoing monthly client webinars and provides 10+ beginner videos plus 10+ advanced videos, giving new traders clear paths to learn at their own pace and ask questions live. Questrade does not run monthly webinars and does not offer 10+ beginner or 10+ advanced trading videos, so newcomers will find fewer guided lessons and fewer chances for live instruction.
Independent ratings back this up: Tickmill earns 4 out of 5 stars for Education and ranks #14 out of 63 brokers at ForexBrokers.com, while Questrade scores 3.5 stars and ranks #28. The data provided here does not confirm whether either broker meets a 10-piece threshold specifically for forex and CFD education, but for structured, beginner-friendly learning with frequent webinars and a larger video library, Tickmill is the stronger pick; Questrade can still suit self-starters who need only lighter educational support.
| Feature |
Tickmill
|
Questrade
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Tickmill is better than Questrade. Tickmill finished with an overall rank of #23, while Questrade finished with an overall rank of #29.
Tickmill is a run-of-the-mill MetaTrader broker that offers a limited selection of tradeable securities. The broker does offer very competitive commission-based pricing for professionals through its VIP and Pro accounts.
| Feature |
Tickmill
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Questrade
|
|---|---|---|
| Overall Rating |
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| Trust Score | 85 | 85 |
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Tickmill vs Questrade: neither broker lets you buy actual (delivered) cryptocurrency, but Tickmill offers cryptocurrency CFD trading while Questrade does not.
Tickmill vs Questrade: for deposit and withdrawal methods, neither broker supports ACH or SEPA transfers, both accept bank wire transfers, and only Tickmill offers PayPal and Skrill, while Questrade does not.
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 | Tickmill | Questrade | |
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| Trust Score | 85 | 85 | |
| Winner | check_circle | ||
| Review | Tickmill Review | Questrade Review |
| Broker Screenshots | Tickmill | Questrade | |
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| Regulation | Tickmill | Questrade | |
|---|---|---|---|
| Trust Score | 85 | 85 | |
| Year Founded | 2014 | 2000 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | Tickmill | Questrade | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | ||
| Canada (CIRO Authorised) | No | Yes | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Tickmill | Questrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | Tickmill | Questrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 637 | 675 | |
| Forex Pairs (Total) | 63 | 110 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | No | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | Yes | No | |
| 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 | Tickmill | Questrade | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.70 | 0.8 or higher | |
| All-in Cost EUR/USD - Active | 0.70 | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | No |
| Funding | Tickmill | Questrade | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | Tickmill | Questrade | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | Tickmill | Questrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 91 | 64 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Tickmill | Questrade | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 64 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Tickmill | Questrade | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | Yes | |
| Trading Central | No | Yes | |
| TipRanks | No | Yes | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | No |
| Education | Tickmill | Questrade | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Tickmill | Questrade | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Tickmill Review | Questrade Review |
| Overall | Tickmill | Questrade | |
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| Trust Score | 85 | 85 | |
| Winner | check_circle | ||
| Review | Tickmill Review | Questrade Review |
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