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 vs Questrade: both are online brokers focused on trading and investing. Trading 212 was founded in 2004, while Questrade launched in 2000. Neither company is publicly traded, and neither is a bank—so regulation and independent ratings are key factors when judging safety.
Trading 212 holds 3 Tier-1 licenses and 0 Tier-2 licenses; Questrade holds 1 Tier-1 license and 0 Tier-2 licenses. On ForexBrokers.com’s Trust Score scale (90–99 highly trusted; 80–89 trusted; 70–79 average risk; 60–69 high risk; under 59 not trusted), Trading 212 scores 82 and Questrade scores 85. Both land in the trusted range, with Questrade slightly higher on this measure of regulatory standing and perceived safety.
| Feature |
Trading 212
|
Questrade
|
|---|---|---|
| Year Founded | 2004 | 2000 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 0 |
When it comes to commissions and fees, Trading 212 and Questrade both lean on spread-based pricing, but they differ in how their costs show up. Trading 212 promotes zero-commission trading, yet you still pay the spread on CFDs and forex. Its average EUR/USD spread was 2.7 pips in April 2025, which is higher than average and can make trading more expensive for active forex traders. Trading 212 earns a 4-star rating and is ranked #29 out of 36 for commissions and fees.
Questrade Global also builds trading costs into the spread, so you do not pay a separate commission on forex trades. It says spreads can start as low as 0.8 pips under normal market conditions, but average major-pair spreads were closer to 2.1 to 2.5 pips at the time of review. For CFDs, Questrade adds a $9.95 USD trading fee per unit, which can push total costs much higher. Questrade receives a 3.5-star rating and is ranked #35 out of 36 in the commissions and fees category.
Overall, Trading 212 looks cheaper on CFDs in many cases, while Questrade’s CFD pricing can become expensive quickly because of its extra per-unit fee. For forex, both brokers rely on spreads, but Trading 212’s published EUR/USD spread suggests it may be less competitive than top low-cost brokers. If fees are your main concern, Trading 212 has the edge over Questrade in this category.
| Feature |
Trading 212
|
Questrade
|
|---|---|---|
| Minimum Deposit | €1 | $0 |
| Average spread (EUR/USD) - Spread-only account | 2.7 | 0.8 or higher |
| All-in Cost EUR/USD - Raw spread account | 2.7 | N/A |
| Non-wire bank transfer (Deposit/Withdraw) | No | |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to range of investments, Trading 212 offers a much wider menu than Questrade. Trading 212 gives clients access to around 13,000 tradeable symbols, including 180 forex pairs, plus exchange traded shares on both U.S. and international markets. It also lets users buy actual cryptocurrency and trade crypto CFDs, while Questrade does not offer stocks on U.S. or overseas exchanges and does not provide crypto trading. Both brokers offer forex trading, and neither supports copy trading.
Even with these differences, both brokers receive 5 out of 5 stars for Range of Investments. That said, ForexBrokers.com ranks Questrade slightly higher in this category at #12 out of 36 brokers, while Trading 212 is ranked #14. For investors who want more choice across stocks, forex, and crypto, Trading 212 is the broader option.
| Feature |
Trading 212
|
Questrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 13000 | 675 |
| Forex Pairs (Total) | 180 | 110 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | No | No |
| Cryptocurrency (Underlying) | Yes | 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.
Trading 212 and Questrade both give traders a web-based platform and a free demo account for paper trading, so each one lets you practice before risking real money. Both also let you trade directly from a stock chart, which can make order entry faster and more convenient. Neither broker offers copy trading, MetaTrader 4, or MetaTrader 5, so if you want those features, you’ll need to look elsewhere.
The main difference is that Questrade offers more platform choices, including its own in-house platform and a Windows desktop download, while Trading 212 does not. Trading 212 is built around its browser experience, while Questrade gives users both web and desktop access. In ForexBrokers.com’s Trading Platforms and Tools category, both brokers are rated 4 out of 5 stars, but Trading 212 ranks higher overall at #19 out of 36 brokers, compared with Questrade at #30.
| Feature |
Trading 212
|
Questrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | 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) | 102 | 64 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Trading 212 and Questrade both offer mobile trading apps for iPhone and Android, along with useful features like stock and forex price alerts, watchlist syncing, trendline drawing, and automatic saving of chart drawings. That means either app can help you track markets and manage your watchlists on the go with a similar basic user experience.
The main difference comes down to charting depth and overall app ratings. Trading 212 offers 104 technical studies in its mobile charts, compared with 64 at Questrade, and it also has a higher mobile app rating at 4 stars versus Questrade’s 3.5 stars. In ForexBrokers.com’s mobile trading apps ranking, Trading 212 places #17 out of 36 brokers, while Questrade ranks #30, giving Trading 212 the edge for mobile charting and app quality.
| 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.
When comparing Trading 212 vs Questrade for market research, Trading 212 has the edge in a few useful areas. It offers forex news from well-known sources, a sentiment tool that shows long and short position ratios, and an economic calendar with upcoming global events. Questrade does not provide daily market commentary either, but it stands out for offering research tools from Autochartist, Trading Central, and TipRanks, which can be helpful for traders who want chart-based insights and analyst-style ideas.
Both brokers are rated 3.5 out of 5 stars for Research, but their strengths differ. Trading 212 is ranked #31 out of 36 brokers for this category by ForexBrokers.com, while Questrade is ranked #36 out of 36. In simple terms, Trading 212 may suit traders who want news, sentiment data, and an economic calendar, while Questrade may appeal more to users looking for third-party research and technical analysis tools.
| Feature |
Trading 212
|
Questrade
|
|---|---|---|
| Daily Market Commentary (Articles) | No | 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 | No | No |
| Economic Calendar | Yes | No |
Dive deeper: Best Brokers for Forex Research.
For beginners looking for learning material, Trading 212 has the edge over Questrade. Trading 212 offers more than 10 beginner-friendly trading videos and also more than 10 advanced videos for traders who want to go further, while Questrade does not meet those same video counts. Neither broker offers monthly online educational webinars, and neither one appears to provide enough forex or CFD-focused education to meet the 10-piece threshold in that area.
When it comes to overall education scores, both brokers are rated 3.5 out of 5 stars, but Trading 212 ranks higher for education at #23 out of 36 brokers, compared with Questrade at #30. In simple terms, Trading 212 gives new traders more free learning content to start with, especially through video, while Questrade offers less for beginners who want structured educational support.
| Feature |
Trading 212
|
Questrade
|
|---|---|---|
| Webinars | No | 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 Trading 212 is better than Questrade. Trading 212 finished with an overall rank of #25, while Questrade finished with an overall rank of #29.
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
|
Questrade
|
|---|---|---|
| Overall Rating |
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| Trust Score | 82 | 85 |
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| Research |
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Trading 212 vs Questrade: Trading 212 lets you buy actual delivered cryptocurrencies and trade cryptocurrency CFDs, while Questrade offers neither option.
When comparing Trading 212 vs Questrade for account funding, both brokers support bank wire transfers and neither offers PayPal or Skrill, while ACH/SEPA and Visa/Mastercard availability is not confirmed in the provided information.
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 | 82 | 85 | |
| Winner | check_circle | ||
| Review | Trading 212 Review | Questrade Review |
| Broker Screenshots | Trading 212 | Questrade | |
|---|---|---|---|
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| Regulation | Trading 212 | Questrade | |
|---|---|---|---|
| Trust Score | 82 | 85 | |
| 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 | 1 | |
| 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 (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) | Trading 212 | Questrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or CMA 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) | 13000 | 675 | |
| Forex Pairs (Total) | 180 | 110 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | No | No | |
| Cryptocurrency (Underlying) | Yes | 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 | Trading 212 | Questrade | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | 2.7 | 0.8 or higher | |
| All-in Cost EUR/USD - Raw spread account | 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 | $0 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | No |
| Trading Platforms | Trading 212 | Questrade | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | 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) | 102 | 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 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 | No | |
| Autochartist | No | Yes | |
| Trading Central | No | Yes | |
| TipRanks | No | Yes | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | No |
| Education | Trading 212 | Questrade | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Trading 212 | Questrade | |
|---|---|---|---|
| EUR/USD | Yes | Yes | |
| Review | Trading 212 Review | Questrade Review |
| Overall | Trading 212 | Questrade | |
|---|---|---|---|
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| Range of Investments |
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| Trading Platforms |
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| Research |
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| Education |
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| Trust Score | 82 | 85 | |
| Winner | check_circle | ||
| Review | Trading 212 Review | Questrade Review |
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