Written by ForexBrokers.com
In this head to head comparison of Trading 212 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.
Trading 212 and Questrade are two well-known online brokers that have been in operation for quite some time, with Trading 212 being founded in 2004 and Questrade in 2000. Neither of these companies is publicly traded, nor do they operate as banks. When considering their regulatory standing, Trading 212 holds three Tier-1 licenses, signaling a strong level of trustworthiness as per ForexBrokers.com standards. Despite this, its Trust Score rating is 80 out of 99, indicating it fits into the 'trusted' bracket.
In comparison, Questrade possesses two Tier-1 licenses. However, it achieves a higher Trust Score rating of 86, placing it comfortably within the 'trusted' category as well. Like Trading 212, Questrade does not hold any Tier-2 licenses. For investors seeking a reliable platform, these ratings and licenses offer valuable insight into the brokers' level of trust and regulatory compliance.
| Feature |
Trading 212
|
Questrade
|
|---|---|---|
| Year Founded | 2004 | 2000 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 2 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 0 |
For CFD and forex trading, your main cost is the spread. Trading 212’s CFD account (minimum deposit €10) advertises zero-commission trades, but you’ll pay the spread; its newly published average shows EUR/USD at 2.7 pips in April 2025—well above the industry norm. Questrade lists a target spread on EUR/USD of 1.9 pips, which is still considered steep versus the market average.
On pricing alone, Questrade’s target spread is narrower on paper, but both brokers are pricier than top low-cost competitors. Ratings reflect this: Trading 212 earns 4 out of 5 stars for commissions and fees and ranks #50 out of 63 brokers at ForexBrokers.com, while Questrade earns 3 out of 5 stars and ranks #59 out of 63.
| Feature |
Trading 212
|
Questrade
|
|---|---|---|
| Minimum Deposit | €1 | $250 |
| Average spread (EUR/USD) - Standard account | 2.7 | N/A |
| All-in Cost EUR/USD - Active | 2.7 | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | No | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Trading 212 offers a much larger range of investments by count, with 7,868 tradeable symbols versus 641 at Questrade. Forex traders also get more pairs at Trading 212 (146) than at Questrade (110). Both brokers support forex trading—available as CFDs or spot contracts depending on the service—and both provide crypto exposure via cryptocurrency CFDs; neither lets you buy and hold actual crypto. Copy trading is not available with either broker.
For traditional markets, both platforms let you buy exchange-traded securities on U.S. exchanges (for example, Apple on NASDAQ: AAPL) and on select international exchanges (for example, Vodafone in London). In independent testing by ForexBrokers.com, both earned 5 stars for Range of Investments; Questrade ranked #12 of 63 brokers in this category, while Trading 212 ranked #16.
| Feature |
Trading 212
|
Questrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7868 | 641 |
| Forex Pairs (Total) | 146 | 110 |
| U.S. Stocks (Shares) | Yes | Yes |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | No | 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.
Trading 212 vs Questrade: both brokers offer proprietary, web-based trading platforms and free paper trading (demo) accounts, plus the ability to place trades directly from charts. Neither supports copy trading, MetaTrader 4 (MT4), or MetaTrader 5 (MT5). A key difference is desktop access: Questrade provides a downloadable Windows platform, while Trading 212 does not.
Both earn 4 out of 5 stars for Trading Platforms and Tools, yet Trading 212 ranks higher in this category, placed #20 out of 63 brokers, compared with Questrade at #35. If you want a Windows desktop platform, Questrade is the pick. If you’re happy trading in your browser and value a higher platforms-and-tools ranking, Trading 212 has the edge.
| Feature |
Trading 212
|
Questrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | No |
| MetaTrader 4 (MT4) | No | No |
| MetaTrader 5 (MT5) | No | No |
| Charting - Indicators / Studies (Total) | 54 | 64 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Comparing Trading 212 vs Questrade for mobile trading: both offer iPhone and Android apps, price alerts, and watchlist syncing between mobile and web. Each app lets you draw trendlines on charts, and those drawings auto-save. Both platforms earn 4 out of 5 stars for Mobile Trading Apps.
The key difference is charting depth. Trading 212 includes 104 technical studies, while Questrade offers 64, which matters if you rely on indicators for analysis. In ForexBrokers.com’s ranking of 63 brokers for Mobile Trading Apps, Trading 212 is #17 and Questrade is #35. If you want a wider set of indicators and a higher-ranked app, Trading 212 has the edge; if you already trade with Questrade, its app still covers the essentials.
| Feature |
Trading 212
|
Questrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 104 | 64 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing market research at Trading 212 vs Questrade: neither broker publishes daily market commentary, and both include an economic calendar. Trading 212 streams forex news from top-tier sources, while Questrade’s access to similar feeds isn’t specified. Trading 212 also provides a sentiment tool that shows the mix of long and short positions, something Questrade doesn’t offer. Both earn 3.5 out of 5 stars for research, though Trading 212 ranks higher (#45 of 63) than Questrade (#52 of 63) in ForexBrokers.com’s category standings.
When it comes to third‑party research tools, Questrade stands out with Autochartist, Trading Central, and TipRanks. Trading 212 does not include these providers, and neither broker lists tools from Acuity Trading. In short, choose Trading 212 if you value top-tier forex news and sentiment insights, or pick Questrade if you want well-known research integrations like Autochartist, Trading Central, and TipRanks.
| Feature |
Trading 212
|
Questrade
|
|---|---|---|
| Daily Market Commentary (Articles) | No | No |
| Forex News (Top-Tier Sources) | Yes | |
| Autochartist | No | Yes |
| Trading Central | No | Yes |
| Client sentiment data | Yes | No |
| TipRanks | No | Yes |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Trading 212 vs Questrade for beginner education: both brokers offer at least 10 beginner-friendly trading videos, which makes it simple to learn core concepts and platform basics at your own pace. Neither hosts monthly client webinars, so live classes aren’t part of the experience. The available data does not confirm whether either broker meets the threshold of 10 or more pieces focused specifically on forex or CFD education.
If you plan to advance beyond the basics, Trading 212 provides at least 10 advanced videos for experienced traders, while Questrade does not meet that mark. Both are rated 3.5 out of 5 stars for education, yet ForexBrokers.com ranks Trading 212 higher (21st of 63) than Questrade (36th). Bottom line: both are suitable for beginners, but Trading 212 may be the better pick if you want a smoother path into more advanced topics.
| Feature |
Trading 212
|
Questrade
|
|---|---|---|
| Webinars | No | 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 Trading 212 is better than Questrade. Trading 212 finished with an overall rank of #31, while Questrade finished with an overall rank of #32.
Best known for its mobile trading app, Trading 212 offers an easy-to-use trading platform suite for CFD and share trading, as well as a large variety of forex pairs. However, despite its well-designed platform and wide range of symbols, its lack of advanced trading tools and flat research offerings hamper Trading 212’s bid to be considered a top broker.
| Feature |
Trading 212
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Questrade
|
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| Trust Score | 80 | 86 |
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In a Trading 212 vs Questrade comparison, both online brokers do not offer direct, delivered cryptocurrency purchases, but each provides cryptocurrency trading via CFDs.
In a Trading 212 vs Questrade comparison of deposit and withdrawal methods, Trading 212 supports ACH/SEPA, PayPal, and bank wire transfers, while Questrade supports bank wires but not ACH/SEPA or PayPal; neither lists Skrill, and Visa/Mastercard availability is not specified for either.
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 | Trading 212 | Questrade | |
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| Trust Score | 80 | 86 | |
| Winner | check_circle | ||
| Review | Trading 212 Review | Questrade Review |
| Broker Screenshots | Trading 212 | Questrade | |
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| Regulation | Trading 212 | Questrade | |
|---|---|---|---|
| Trust Score | 80 | 86 | |
| Year Founded | 2004 | 2000 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 2 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 0 |
| Tier-1 Licenses (Highly Trusted) | Trading 212 | 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) | Trading 212 | Questrade | |
|---|---|---|---|
| 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 | Trading 212 | Questrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7868 | 641 | |
| Forex Pairs (Total) | 146 | 110 | |
| U.S. Stocks (Shares) | Yes | Yes | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | No | 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 | Trading 212 | Questrade | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 2.7 | N/A | |
| All-in Cost EUR/USD - Active | 2.7 | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | No |
| Funding | Trading 212 | Questrade | |
|---|---|---|---|
| Minimum Deposit | €1 | $250 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | No | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | Trading 212 | Questrade | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | No | |
| MetaTrader 4 (MT4) | No | No | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No |
| Trading Tools | Trading 212 | Questrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 54 | 64 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Trading 212 | Questrade | |
|---|---|---|---|
| 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 | 104 | 64 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Trading 212 | Questrade | |
|---|---|---|---|
| Daily Market Commentary (Articles) | No | 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 | Trading 212 | Questrade | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Trading 212 | Questrade | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Trading 212 Review | Questrade Review |
| Overall | Trading 212 | Questrade | |
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| Trust Score | 80 | 86 | |
| Winner | check_circle | ||
| Review | Trading 212 Review | Questrade Review |
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