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 and Questrade, both private and non-banking entities, cater to online trading enthusiasts, offering various services. Founded in 2014, Tickmill has earned its place in the market by securing two Tier-1 licenses, known for high trust, alongside two Tier-2 licenses, indicating a strong level of reliability. Sharing a comparable trust profile, Questrade, established earlier in 2000, holds two Tier-1 licenses, reflecting its commitment to maintaining a trusted trading environment.
Both brokers boast a ForexBrokers.com Trust Score of 86 out of 99, categorizing them within a 'trusted' range. This suggests that either platform is a viable option for traders seeking a dependable online broker. Despite not being listed on any stock exchange, their regulatory standings and trust scores suggest a mutual dedication to secure and reliable trading conditions.
| Feature |
Tickmill
|
Questrade
|
|---|---|---|
| Year Founded | 2014 | 2000 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
For commissions and fees, Tickmill is the clear value pick versus Questrade. Tickmill earns 5 out of 5 stars and ranks #4 out of 63 brokers for this category at ForexBrokers.com, while Questrade scores 3 out of 5 stars and ranks #59 out of 63.
Tickmill offers two pricing paths. The Classic account is commission-free but carries higher average spreads at about 1.76 pips (as of August 2023). The Raw account, which replaced the Pro account, charges a commission of $3 per side per 100,000 units ($6 round turn) and lists a typical EUR/USD spread of 0.11 pips (October 2023). After factoring in the higher commission, the estimated all-in cost on EUR/USD is about 0.71 pips. With a $100 minimum to start, the Raw account’s low spreads plus per-trade commission structure make Tickmill attractive for cost-conscious and active traders.
Questrade’s pricing is less competitive for forex: its target spread on EUR/USD is 1.9 pips, which is steep compared with the industry average and notably higher than Tickmill’s Raw all-in estimate. As always, spreads depend on market conditions, but on balance Tickmill offers lower typical trading costs than Questrade.
| Feature |
Tickmill
|
Questrade
|
|---|---|---|
| Minimum Deposit | $100 | $250 |
| Average spread (EUR/USD) - Standard account | 1.70 | N/A |
| 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.
Comparing Tickmill vs Questrade on range of investments, Questrade edges ahead with 641 tradeable symbols versus Tickmill’s 637, and offers 110 forex pairs to Tickmill’s 63. Both support forex trading via CFDs or spot contracts. For stock market access, Questrade lets clients buy exchange-traded securities on U.S. and international exchanges, while Tickmill does not. Neither broker sells actual cryptocurrency, but both provide cryptocurrency CFDs. One key difference: Tickmill supports copy trading, whereas Questrade does not.
Ratings reflect these differences: Tickmill earns 3.5 out of 5 stars and ranks 43rd out of 63 brokers for Range of Investments, while Questrade scores 5 out of 5 stars and ranks 12th. If you want access to U.S. and international stocks plus a wider list of forex pairs, Questrade is the stronger fit; if you prefer CFD-focused trading with copy trading capabilities, Tickmill may suit your needs.
| Feature |
Tickmill
|
Questrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 637 | 641 |
| Forex Pairs (Total) | 63 | 110 |
| U.S. Stocks (Shares) | No | Yes |
| Global Stocks (Non-U.S. Shares) | No | Yes |
| Copy Trading | Yes | No |
| 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.
Tickmill and Questrade both provide free demo (paper) accounts, plus Windows desktop and web-based platforms with the ability to trade directly from charts. The key difference is platform lineup: Tickmill doesn’t offer an in-house platform but supports MetaTrader 4 and MetaTrader 5 and includes copy trading. Questrade, by contrast, offers its own proprietary platform for web and desktop, does not support MT4 or MT5, and does not offer copy trading.
Both brokers earn 4 out of 5 stars for Trading Platforms and Tools. In ForexBrokers.com’s review of 63 brokers, Tickmill ranks #30 while Questrade ranks #35. Choose Tickmill if you want MetaTrader and copy trading; pick Questrade if you prefer a broker-built platform experience.
| 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, with price alerts to help you track stocks and forex. Each app supports drawing trendlines and will auto-save your chart drawings. For charting depth, Questrade provides 64 technical indicators, while Tickmill includes 30. One key difference is watchlists: Questrade syncs your symbols across web and mobile, but Tickmill does not.
Both apps earn 4 out of 5 stars for mobile trading. In ForexBrokers.com’s Mobile Trading Apps category, Tickmill ranks #30 out of 63 brokers, compared to Questrade at #35. Choose Questrade if you want more indicators and seamless watchlist syncing. Pick Tickmill if you’re fine without syncing and want a solid app that’s slightly higher ranked in this category.
| 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.
Comparing market research at Tickmill and Questrade, Tickmill comes out ahead with a 4-star Research rating and a #21 rank out of 63 brokers from ForexBrokers.com, while Questrade sits at 3.5 stars and #52. Tickmill delivers daily market commentary and streams forex news from top-tier sources such as Bloomberg, Reuters, and Dow Jones. Questrade does not provide daily commentary and does not list comparable top-tier forex news feeds. Both brokers include an economic calendar to track upcoming events.
Tool sets differ. Questrade integrates third-party research from Autochartist, Trading Central, and TipRanks, which can help with technical and stock analysis. Tickmill counters with Acuity Trading’s tools (such as Signal Centre) plus a built-in sentiment tool that shows the long/short ratio across instruments—features Questrade doesn’t offer. If you want steady news flow and sentiment insight, Tickmill is the better fit; if you favor Autochartist, Trading Central, and TipRanks inside your platform, Questrade will appeal.
| Feature |
Tickmill
|
Questrade
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | |
| Autochartist | No | Yes |
| Trading Central | No | Yes |
| Client sentiment data | Yes | No |
| TipRanks | No | Yes |
| Acuity Trading | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Tickmill vs Questrade for beginner education: both brokers offer at least 10 beginner-friendly trading videos, making it simple to learn the basics on your own schedule. Tickmill goes further with live client webinars held monthly—something Questrade does not provide. As you advance, Tickmill also supplies 10+ video lessons for experienced traders, while Questrade lacks a similar advanced library. That makes Tickmill the stronger choice if you want a clearer path from beginner lessons into more complex forex and CFD topics.
Independent ratings support this gap: Tickmill earns 4 stars for Education and ranks 15th out of 63 brokers at ForexBrokers.com, while Questrade holds 3.5 stars and ranks 36th. If you value live sessions and a deeper catalog as your skills grow, choose Tickmill; if you just need a set of basic videos to get started, Questrade can fit the bill.
| Feature |
Tickmill
|
Questrade
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| 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 #22, while Questrade finished with an overall rank of #32.
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
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|---|---|---|
| Overall Rating |
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| Trust Score | 86 | 86 |
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In the Tickmill vs Questrade comparison for cryptocurrency trading, neither broker supports buying actual (delivered) crypto assets, but both provide access to cryptocurrency CFDs.
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 | 86 | 86 | |
| Winner | check_circle | ||
| Review | Tickmill Review | Questrade Review |
| Broker Screenshots | Tickmill | Questrade | |
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| Regulation | Tickmill | Questrade | |
|---|---|---|---|
| Trust Score | 86 | 86 | |
| 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 | 2 | |
| 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 (SFC 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 SCA 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 | 641 | |
| Forex Pairs (Total) | 63 | 110 | |
| U.S. Stocks (Shares) | No | Yes | |
| Global Stocks (Non-U.S. Shares) | No | Yes | |
| Copy Trading | Yes | No | |
| 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 | Tickmill | Questrade | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.70 | N/A | |
| 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 | $250 | |
| 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 | ||
| Autochartist | No | Yes | |
| Trading Central | No | Yes | |
| TipRanks | No | Yes | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Tickmill | Questrade | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| 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 | 86 | 86 | |
| Winner | check_circle | ||
| Review | Tickmill Review | Questrade Review |
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