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 |
Here’s how Trading 212 and Questrade stack up on commissions and fees. Trading 212 earns 4 out of 5 stars and ranks #27 out of 63 brokers for Commissions and Fees at ForexBrokers.com, while Questrade earns 3.5 out of 5 stars and ranks #33 out of 63. Trading 212 offers two accounts (Invest and CFD) with low minimum deposits (1 euro for Invest, 10 euros for CFD), but this comparison focuses on CFD and forex pricing. Questrade Global is a spread-only model for forex and also offers CFDs.
Trading 212 advertises zero-commission trading on CFDs and forex, but you still pay the spread. It now publishes average spread data; in April 2025 the average spread on EUR/USD was 2.7 pips—above the industry average—so your all-in trading cost can be higher than many leading brokers even without a separate commission.
Questrade builds trading costs into the spread. While it says spreads can be as low as 0.8 pips in normal conditions, average spreads on major pairs tend to run about 2.1–2.5 pips, which can be tighter than Trading 212’s recent 2.7-pip EUR/USD average. For CFDs, however, Questrade adds a $9.95 USD trading fee per unit on top of the spread when you open and close a position (about $19.95 round-trip). For example, buying and later selling one Tesla CFD unit would incur a small spread (around $0.05) plus $19.95 in fees—about 5.813%—and roughly 0.65% more for one month of overnight financing, meaning you’d need a return of over 6% just to break even. In short: Questrade’s forex spreads can be lower, but its per-unit CFD fees add up quickly; Trading 212 skips commissions but generally has wider spreads.
| Feature |
Trading 212
|
Questrade
|
|---|---|---|
| Minimum Deposit | €1 | $0 |
| Average spread (EUR/USD) - Standard account | 2.7 | 0.8 or higher |
| All-in Cost EUR/USD - Active | 2.7 | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Trading 212 vs Questrade: both let you trade forex via CFDs or spot contracts, but their overall range of investments differs. Trading 212 lists about 13,000 tradeable symbols and 180 forex pairs, while Questrade offers roughly 675 symbols and 110 forex pairs.
If you want to buy exchange-traded securities (not CFDs) on U.S. and international exchanges—think Apple on NASDAQ or Vodafone in London—Trading 212 supports that, while Questrade does not. Trading 212 also lets you buy actual cryptocurrency as well as crypto CFDs; Questrade offers neither. Neither broker provides copy trading. Despite these differences, both earn 5 stars for Range of Investments; in ForexBrokers.com’s rankings out of 63 brokers, Questrade is #12 and Trading 212 is #15.
| 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 vs Questrade: both brokers check key boxes for everyday investors. Each offers paper trading with a free virtual demo account and a web-based trading platform, plus the ability to place trades directly from charts. Neither supports MetaTrader 4 or MetaTrader 5, and neither offers copy trading. Platform availability is a key divider: Questrade provides a proprietary, in-house platform and a downloadable Windows desktop platform in addition to its web platform, while Trading 212 does not offer a proprietary or Windows desktop platform and is accessed in the browser.
When it comes to performance in independent reviews of trading platforms and tools, both Trading 212 and Questrade earn 4 out of 5 stars. However, Trading 212 ranks higher overall in this category, placing 19th out of 63 brokers compared with Questrade’s 28th. If you want a Windows desktop experience and an in-house platform, Questrade is the better fit. If you prefer simple web trading and value a stronger category ranking, Trading 212 is a solid pick—especially with its easy-access demo account.
| 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 deliver full-featured mobile trading apps for iPhone and Android. Each offers stock and forex price alerts, plus watchlist syncing so your symbols stay aligned between the app and your online account. Charting is practical on both platforms, with the ability to draw trendlines and have your drawings auto-saved for the next time you open a chart.
Where they differ is charting depth and third-party scores. Trading 212 includes 104 technical studies in its mobile charts, while Questrade offers 64. In ForexBrokers.com’s Mobile Trading Apps ratings, Trading 212 earns 4 out of 5 stars and ranks 17th out of 63 brokers; Questrade earns 3.5 stars and ranks 28th. If you want more built-in indicators and a slightly higher-rated app, Trading 212 has the edge; if you’re already with Questrade, its app still covers the essentials for on-the-go trading.
| 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 Trading 212 and Questrade for market research, both earn 3.5 out of 5 stars and neither provides daily market commentary. Trading 212 stands out with forex news from top-tier sources (e.g., Bloomberg, Reuters, Dow Jones), a sentiment tool showing long vs. short positioning, and an in-platform economic calendar. However, it lacks Autochartist, Trading Central, TipRanks, and Acuity Trading tools. Questrade is the opposite: it includes Autochartist, Trading Central, and TipRanks for chart patterns, trade ideas, and analyst ratings, but does not offer top-tier forex news, a sentiment tool, an economic calendar, or Acuity.
According to ForexBrokers.com, Trading 212 ranks #32 out of 63 for Research, while Questrade ranks #34. In short, news-driven traders who want a calendar and sentiment data may prefer Trading 212, while those who value automated pattern discovery, third‑party technical insights, and analyst scorecards may lean toward Questrade.
| 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 beginner traders comparing education, Trading 212 stands out for video content: it offers at least 10 beginner videos and at least 10 advanced videos that walk through trading topics step by step. Questrade does not meet that 10-video threshold for either beginner or advanced material. Neither broker runs monthly client webinars. It’s also not clearly stated whether either broker provides a catalog of 10 or more forex/CFD-specific lessons or videos.
When it comes to third-party evaluations, both Trading 212 and Questrade earn 3.5 out of 5 stars for Education. However, Trading 212 ranks higher at #20 out of 63 brokers in the ForexBrokers.com Education category, while Questrade sits at #28. If you value a larger video library geared to new traders, Trading 212 may be the better fit; if you don’t need many videos, Questrade could still work while offering a similar overall education rating.
| 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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Trading 212 vs Questrade: Trading 212 lets you buy actual delivered cryptocurrencies and trade cryptocurrency CFDs, while Questrade offers neither option.
Trading 212 vs Questrade: For deposit and withdrawal options, Trading 212 supports ACH/SEPA transfers (Questrade does not) and both support bank wires, while neither supports PayPal or Skrill; Visa/Mastercard availability is not specified for either broker.
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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| Broker Gallery (click to expand) |
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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) - Standard account | 2.7 | 0.8 or higher | |
| 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 | $0 | |
| PayPal (Deposit/Withdraw) | No | 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 | 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 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 | 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 | |
|---|---|---|---|
| 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 | 82 | 85 | |
| Winner | check_circle | ||
| Review | Trading 212 Review | Questrade Review |
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