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 |
Tickmill is the stronger pick for commissions and fees overall, especially for active forex traders. It offers two main account types: the commission-free Classic account, where costs are built into wider spreads, and the Raw account, where pricing is tighter but each trade comes with a $3 per side commission, or $6 per standard lot. Even with the recent commission increase, Tickmill still keeps trading costs relatively low thanks to its narrow spreads, and its Raw account starts at just $100. Tickmill earns 4.5 out of 5 stars and ranks #10 out of 36 brokers for commissions and fees.
Questrade takes a different approach by building its costs into the spread instead of charging a separate forex commission. That can make pricing simple, but it is usually more expensive in practice. While Questrade says spreads can start as low as 0.8 pips in normal market conditions, typical spreads for major pairs have been closer to 2.1 to 2.5 pips, which can add up quickly on larger trades. For CFDs, Questrade also charges a $9.95 USD fee per unit, which can make trading significantly pricier once opening, closing, and overnight costs are included. Questrade is rated 3.5 out of 5 stars and ranks #35 out of 36 brokers for commissions and fees.
In simple terms, Tickmill is usually the better choice if you want lower trading costs and clearer value on forex trades, especially on its Raw account. Questrade may appeal to traders who prefer spread-only pricing, but its wider spreads and added CFD fees make it less competitive on total cost. For fees and commissions alone, Tickmill comes out well ahead of Questrade.
| Feature |
Tickmill
|
Questrade
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average spread (EUR/USD) - Spread-only account | 1.70 | 0.8 or higher |
| All-in Cost EUR/USD - Raw spread account | 0.70 | N/A |
| Non-wire bank transfer (Deposit/Withdraw) | 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.
When it comes to range of investments, Questrade offers a wider selection than Tickmill. Questrade lists 675 tradeable symbols and 110 forex pairs, compared with Tickmill’s 637 symbols and 62 forex pairs. Both brokers support forex trading, but only Tickmill offers copy trading and cryptocurrency CFDs. Neither broker lets you buy actual shares on U.S. or international stock exchanges, and neither offers delivered crypto purchases.
Overall, Questrade is rated higher for investment choice, earning 5 stars and a #12 ranking out of 36 brokers for Range of Investments, while Tickmill scores 3.5 stars and ranks #32. If you want more forex pairs and a broader asset lineup, Questrade has the edge. If copy trading or crypto CFDs matter more to you, Tickmill may be the better fit.
| Feature |
Tickmill
|
Questrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 637 | 675 |
| Forex Pairs (Total) | 62 | 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.
Tickmill and Questrade both give traders a wide choice of platforms and tools, including free demo accounts for practice, desktop software for Windows, web-based trading, and the ability to place trades directly from a chart. Both brokers also earn 4 out of 5 stars for Trading Platforms and Tools, so each offers a solid setup for everyday trading. If you want a broker with more familiar third-party platform support, Tickmill stands out with MetaTrader 4 and MetaTrader 5, plus copy trading features that may appeal to traders who want to follow others.
Questrade takes a different path by offering its own in-house platform, while Tickmill does not. That can be a plus for traders who prefer a broker-built experience, but Questrade does not support copy trading, MT4, or MT5. In ForexBrokers.com’s Trading Platforms and Tools rankings, Tickmill places higher at #24 out of 36 brokers, compared with Questrade at #30, which suggests Tickmill has the edge overall for platform choice and trading tools.
| 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) | 97 | 64 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Tickmill and Questrade both offer iPhone and Android trading apps, so traders can manage their accounts on either major mobile platform. Each app also supports watchlist syncing, which means changes made on your phone can carry over to your online account. Both brokers let users draw trendlines on charts, but Tickmill stands out for charting depth with 97 technical studies in its mobile app, compared with 64 for Questrade.
Where Questrade pulls ahead is in price alerts and chart drawing storage. Questrade offers stock and forex price alerts, while Tickmill does not, and Questrade also auto-saves chart drawings in its mobile app, which Tickmill does not. Based on ForexBrokers.com ratings, Tickmill scores 4 out of 5 stars and ranks #25 out of 36 for Mobile Trading Apps, while Questrade earns 3.5 stars and ranks #30, making Tickmill the stronger overall choice for mobile trading tools.
| Feature |
Tickmill
|
Questrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | No | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 97 | 64 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Tickmill vs Questrade for market research, Tickmill has the edge overall. Tickmill offers daily market commentary, Acuity Trading tools such as Signal Centre, and an economic calendar that tracks current and upcoming global events. It is rated 4 out of 5 stars for research and is ranked #19 out of 36 brokers by ForexBrokers.com in this category. Questrade, by comparison, does not provide daily market commentary or an economic calendar, but it does offer useful research tools from Autochartist, Trading Central, and TipRanks. Questrade is rated 3.5 out of 5 stars for research and is ranked #36 out of 36.
Neither broker provides forex news from major sources like Bloomberg, Reuters, or Dow Jones, and neither offers a sentiment tool showing long versus short positions. In short, Questrade may appeal to traders who want Autochartist, Trading Central, and TipRanks, while Tickmill stands out for daily commentary, Acuity Trading research, and a stronger overall research rating.
| Feature |
Tickmill
|
Questrade
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | No | Yes |
| Trading Central | No | Yes |
| Client sentiment data | No | No |
| TipRanks | No | Yes |
| Acuity Trading | Yes | No |
| Economic Calendar | Yes | No |
Dive deeper: Best Brokers for Forex Research.
For beginners looking to learn the basics, Tickmill offers a much wider range of educational support than Questrade. Tickmill provides forex and CFD education with at least 10 learning pieces on those topics, plus monthly online client webinars and a large set of beginner videos. It also offers advanced videos for more experienced traders, which can help users keep learning as their skills grow. This stronger education offering is reflected in its 4-star Education rating and #14 ranking out of 36 brokers.
Questrade, while still helpful for some new traders, has a more limited education library for forex and CFDs. It does not meet the same level of content volume, and it does not offer monthly educational webinars or the same number of beginner and advanced trading videos. Its Education score is 3.5 stars, and it ranks #30 out of 36, making Tickmill the clearer choice for beginners who want more guidance and more ways to learn.
| 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) | 62 | 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) - Spread-only account | 1.70 | 0.8 or higher | |
| All-in Cost EUR/USD - Raw spread account | 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 (Deposit/Withdraw) | 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 | No | Yes | |
| Charting - Indicators / Studies (Total) | 97 | 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 | No | Yes | |
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 97 | 64 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | No | Yes |
| Research | Tickmill | Questrade | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | No | Yes | |
| Trading Central | No | Yes | |
| TipRanks | No | Yes | |
| Client sentiment data | No | 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 | |
|---|---|---|---|
| EUR/USD | Yes | Yes | |
| 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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