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Questrade vs Trade Nation 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of Questrade vs Trade Nation, 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
Trade Nation
4/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 85
  • Tradeable Symbols (Total): 1000

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

When weighing the differences between Questrade and Trade Nation, it's important to consider their regulatory standing and trust scores. Questrade, established in 2000, holds two Tier-1 licenses, reflecting a high level of trust and a ForexBrokers.com Trust Score of 86, which ranks it within the 'trusted' category. Although not publicly traded or a bank, Questrade's regulatory framework provides users with confidence in its offerings.

On the other hand, Trade Nation, founded in 2014, also boasts two Tier-1 licenses, underscoring a comparable level of regulatory recognition and security. Trade Nation is similarly neither publicly traded nor a bank. With a ForexBrokers.com Trust Score of 85, Trade Nation edges closely to Questrade in terms of trustworthiness, supplemented by an additional Tier-2 license that further consolidates its credibility in the financial market. Both platforms demonstrate a commitment to safety and trust, appealing to investors seeking regulated and reputable online brokers.

Feature Questrade logoQuestrade
Trade Nation logoTrade Nation
Year Founded info 2000 2014
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 2 2
Tier-2 Licenses info 0 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 2

Fees

Comparing costs, Trade Nation clearly undercuts Questrade on spreads and overall pricing transparency. Trade Nation earns 5 out of 5 stars for commissions and fees and ranks #7 out of 63 brokers at ForexBrokers.com, while Questrade holds 3 out of 5 stars and ranks #59 out of 63.

Questrade’s target spread on EUR/USD sits around 1.9 pips, which is steep versus the industry average. That higher spread helps explain its lower rating and ranking for trading costs.

Trade Nation features fixed spreads on its proprietary TN Trader platform—EUR/USD is listed at 0.6 pips—so pricing stays consistent as quotes update. Spreads widen briefly during the daily rollover (about one hour) to as much as 1.4 pips, putting the real-world average closer to 1 pip. On MetaTrader, you can choose a commission-based Raw account ($3.50 per side, or $7 round-trip, per standard lot) or a commission-free account, while TN Trader often delivers the lowest all-in costs. This mix of fixed and variable options, plus easy-to-read pricing, supports Trade Nation’s top-tier 5-star, #7 ranking for fees.

Feature Questrade logoQuestrade
Trade Nation logoTrade Nation
Minimum Deposit info $250 $0
Average spread (EUR/USD) - Standard account info N/A 0.6
All-in Cost EUR/USD - Active info N/A 0.6
Non-wire bank transfer info No No
PayPal (Deposit/Withdraw) info No
Skrill (Deposit/Withdraw) info No
Bank Wire (Deposit/Withdraw) info Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

Questrade and Trade Nation both let you trade forex as CFDs or spot contracts, and each offers crypto CFDs (neither supports buying actual crypto). Trade Nation lists more total instruments (1,000 vs. Questrade’s 641), but Questrade carries more forex pairs (110 vs. 46). Copy trading is available at Trade Nation, while Questrade does not offer it.

If you want to buy real shares, Questrade is the pick: you can purchase exchange-traded securities on U.S. markets like Apple (AAPL) and on international exchanges such as London-listed Vodafone, which Trade Nation does not support (it focuses on CFDs rather than owning shares outright). Reflecting these differences, ForexBrokers.com rates Questrade 5/5 for Range of Investments and ranks it 12th out of 63 brokers, while Trade Nation scores 3.5/5 and ranks 39th.

Feature Questrade logoQuestrade
Trade Nation logoTrade Nation
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 641 1000
Forex Pairs (Total) info 110 46
U.S. Stocks (Shares) info Yes No
Global Stocks (Non-U.S. Shares) info Yes No
Copy Trading info No Yes
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info 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.

Trading platforms and tools

Questrade and Trade Nation both make it easy to test strategies with free paper trading and each offers a proprietary platform, a Windows desktop download, and a web-based trading platform. A key difference is chart trading: Questrade lets you place orders directly from charts, while Trade Nation does not. Both earn 4 stars for Trading Platforms and Tools from ForexBrokers.com, with Questrade ranked 35th out of 63 brokers and Trade Nation ranked 45th.

For add-ons, Trade Nation supports copy trading and MetaTrader 4 (MT4), which can appeal to forex and algorithmic traders. Questrade does not offer copy trading or MT4. Neither broker supports MetaTrader 5 (MT5). The number of technical indicators and watch list columns was not specified. In short, pick Questrade if you value trading straight from charts; choose Trade Nation if you want MT4 and copy trading built in.

Feature Questrade logoQuestrade
Trade Nation logoTrade Nation
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info No Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No No
Charting - Indicators / Studies (Total) info 64 115
Charting - Trade From Chart info Yes No

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

Forex trading apps

Questrade and Trade Nation both cover the essentials for mobile trading. Each offers iPhone and Android apps, price alerts for stocks and forex, and watchlists that sync between the app and your online account. You can draw trendlines on charts and your drawings auto-save, making it easy to pick up where you left off. Both mobile suites earn a 4-star rating for overall experience.

For charting depth, Trade Nation includes 99 technical studies versus Questrade’s 64, which may appeal if you rely on more indicators. That said, in ForexBrokers.com’s Mobile Trading Apps category, Questrade ranks higher (#35 out of 63) than Trade Nation (#46). If you want more built-in studies, Trade Nation stands out; if third-party rankings matter more, Questrade takes the edge.

Feature Questrade logoQuestrade
Trade Nation logoTrade Nation
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlists - Syncing info Yes Yes
Mobile Charting - Indicators / Studies info 64 99
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

In the Questrade vs Trade Nation market research matchup, Trade Nation leans into live insights: it publishes daily market commentary, streams forex news from top-tier sources (such as Bloomberg, Reuters, or Dow Jones), and includes a sentiment tool that shows long/short positioning. It also features research from Acuity Trading (Signal Centre). Questrade does not provide daily commentary, does not list top-tier forex news, and lacks a sentiment tool or Acuity content.

Questrade shines with analysis tools and planning aids: it offers Autochartist, Trading Central, TipRanks, and a full economic calendar, while Trade Nation lacks these particular tools and calendar. Both earn 3.5 out of 5 stars for research, though ForexBrokers.com ranks Trade Nation higher (#43 of 63) than Questrade (#52 of 63). Choose Trade Nation if you want constant news and crowd sentiment; choose Questrade if you value third-party chart analysis, stock research, and a clear events calendar.

Feature Questrade logoQuestrade
Trade Nation logoTrade Nation
Daily Market Commentary (Articles) info No Yes
Forex News (Top-Tier Sources) info Yes
Autochartist info Yes No
Trading Central info Yes No
Client sentiment data info No Yes
TipRanks info Yes No
Acuity Trading info No Yes
Economic Calendar info Yes No

Dive deeper: Best Brokers for Forex Research.

Beginners and education

Questrade and Trade Nation both deliver beginner-friendly trading education, including at least 10 entry-level videos. Neither broker hosts monthly educational webinars. For advanced learners, Trade Nation offers at least 10 advanced videos, while Questrade does not. Both earn 3.5 out of 5 stars for Education; in ForexBrokers.com’s Education rankings, Questrade places #36 out of 63 brokers, and Trade Nation ranks #41. It’s not confirmed whether either broker meets the threshold of 10 or more forex- or CFD-focused pieces (articles, videos, or archived webinars).

If you want more advanced video lessons as your skills grow, Trade Nation has the edge. If you care about a slightly higher overall education ranking, Questrade pulls ahead. Since neither runs regular webinars, expect a self-paced experience centered on video content. Beginners should find a solid starting point with both, and it’s wise to check each broker’s education hub to see how much of their library is focused on forex and CFDs.

Feature Questrade logoQuestrade
Trade Nation logoTrade Nation
Webinars info No No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info No Yes

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 Trade Nation. Questrade finished with an overall rank of #32, while Trade Nation finished with an overall rank of #34.

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
Trade Nation logoTrade Nation
Overall Rating info 4/5 Stars 4/5 Stars
Trust Score info 86 85
Range of Investments 5/5 Stars 3.5/5 Stars
Commissions & Fees 3/5 Stars 5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 3.5/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with Questrade or Trade Nation?

In a Questrade vs Trade Nation comparison for cryptocurrency trading, neither online broker offers the ability to buy actual delivered cryptocurrency, but both provide access to cryptocurrency CFDs.

What funding options does each broker offer?

Both Questrade and Trade Nation lack ACH/SEPA for deposits and withdrawals; Questrade supports bank wire and excludes PayPal and Skrill, while Trade Nation’s options for PayPal, Skrill, Visa/Mastercard, and bank wire are not specified.

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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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Overall Rating Questrade Trade Nation
Overall Rating info 4/5 Stars 4/5 Stars
Commissions & Fees 3/5 Stars 5/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3.5/5 Stars
Education 3.5/5 Stars 3.5/5 Stars
Trust Score info 86 85
Winner check_circle
Review Questrade Review Trade Nation Review
Broker Screenshots Questrade Trade Nation
Broker Gallery (click to expand) info
Questrade Global web platform dashboard. Questrade Global web platform Autochartist signals. Questrade educational content featured lessons.
Trade Nation MetaTrader 4 desktop platform. Trade Nation MetaTrader 4 desktop charts. Trade Nation TN Trader web platform. Trade Nation TradingView connection. Trade Nation TradingView web platform trade ticket window. Trade Nation TradingView web platform. Trade Nation web platform. Trade Nation client portal web dashboard Trade Nation MetaTrader 4 desktop platform. Note: Past performance is not a reliable indicator of future performance. Trade Nation web platform Signal Centre dashboard powered by Acuity detail. Note: Past performance is not a reliable indicator of future performance. Trade Nation web platform add signal to order ticket Trade Nation web platform trade ticket limit order Trade Nation web platform charting ChartIQ. Note: Past performance is not a reliable indicator of future performance.
Regulation Questrade Trade Nation
Trust Score info 86 85
Year Founded info 2000 2014
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info No No info
Tier-1 Licenses info 2 2
Tier-2 Licenses info 0 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 2
Tier-1 Licenses (Highly Trusted) Questrade Trade Nation
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
United Kingdom (U.K.) (FCA Authorised) info No Yes
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 info
Tier-2 Licenses (Trusted) Questrade Trade Nation
Kenya (CMA Authorised) info 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
Investments Questrade Trade Nation
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 641 1000
Forex Pairs (Total) info 110 46
U.S. Stocks (Shares) info Yes No
Global Stocks (Non-U.S. Shares) info Yes No
Copy Trading info No Yes
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info 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 Trade Nation
Average spread (EUR/USD) - Standard account info N/A 0.6
All-in Cost EUR/USD - Active info N/A 0.6
Inactivity Fee info No No
Order execution: Agency info Yes No
Order execution: Market Maker info No Yes
Funding Questrade Trade Nation
Minimum Deposit info $250 $0
PayPal (Deposit/Withdraw) info No
Skrill (Deposit/Withdraw) info No
Bank Wire (Deposit/Withdraw) info Yes
Non-wire bank transfer info No No
Trading Platforms Questrade Trade Nation
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info No Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No No
cTrader info No No
Trading Tools Questrade Trade Nation
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 64 115
Charting - Trade From Chart info Yes No
Charts can be saved info Yes No
Mobile Trading Questrade Trade Nation
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info Yes Yes
Mobile Charting - Indicators / Studies info 64 99
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes
Mobile Research - Economic Calendar info Yes No
Research Questrade Trade Nation
Daily Market Commentary (Articles) info No Yes
Forex News (Top-Tier Sources) info Yes
Autochartist info Yes No
Trading Central info Yes No
TipRanks info Yes No
Client sentiment data info No Yes
Economic Calendar info Yes No
Education Questrade Trade Nation
Webinars info No No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info No Yes
Major Forex Pairs Questrade Trade Nation
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review Questrade Review Trade Nation Review
Overall Questrade Trade Nation
Overall Rating info 4/5 Stars 4/5 Stars
Commissions & Fees 3/5 Stars 5/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3.5/5 Stars
Education 3.5/5 Stars 3.5/5 Stars
Trust Score info 86 85
Winner check_circle
Review Questrade Review Trade Nation Review
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