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 |
Trading 212 vs. Questrade on commissions and fees: Trading 212 offers two account types—Invest for shares and CFD for derivatives—with minimum deposits of €1 (Invest) and €10 (CFD). This comparison centers on the CFD account. While Trading 212 advertises zero-commission trading, you still pay the spread on CFDs and forex. In April 2025, its published average spread on EUR/USD was 2.7 pips, which is higher than the industry average and can increase overall trading costs. Questrade also prices through spreads; its target EUR/USD spread is 1.9 pips, which is still considered steep versus the industry norm.
Trading 212 has improved pricing transparency by publishing average spread data, and its low minimum deposits make it easy to get started—even though ongoing costs are driven by spreads. In a simple EUR/USD comparison, Questrade’s target spread looks cheaper than Trading 212’s average, but neither broker is among the lowest-cost forex providers based on these figures.
Ratings and rankings for commissions and fees: Trading 212 is rated 4 out of 5 stars and ranks 27th out of 63 brokers at ForexBrokers.com. Questrade is rated 3 out of 5 stars and ranks 33rd 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 and Questrade both offer a wide range of investments. Each supports forex trading via CFDs and spot contracts, and both let you buy exchange-traded securities on U.S. and international exchanges. Neither platform offers copy trading, and while both let you trade cryptocurrency through CFDs, they don’t support buying actual coins. The biggest difference is scale: Trading 212 lists 7,868 tradeable symbols and 146 forex pairs, while Questrade provides 641 symbols and 110 forex pairs.
Both brokers earn 5 stars for Range of Investments from ForexBrokers.com. In that category, Questrade ranks #12 out of 63 brokers, while Trading 212 ranks #15. If you want the largest list of symbols, Trading 212 has the edge; if you prefer a slightly higher category ranking, Questrade comes out ahead. Either way, you’ll get access to core markets—forex, U.S. and global equities, and crypto via CFDs.
| 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 and Questrade both offer free paper trading (demo accounts) and proprietary trading platforms, so you can practice and then trade on tools built by each broker. Each provides a web-based platform and lets you place orders directly from charts. Neither broker supports MetaTrader 4 or MetaTrader 5, and copy trading isn’t available with either.
If you want a downloadable Windows desktop platform, Questrade has one, while Trading 212 does not. For overall platform quality, both earn 4 stars for Trading Platforms and Tools, but ForexBrokers.com ranks Trading 212 higher (#19 of 63) than Questrade (#28 of 63). In short, pick Trading 212 if you prefer a streamlined, browser-first experience, or choose Questrade if having a Windows desktop app matters to you—both make it easy to test strategies with a demo account.
| 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.
Both Trading 212 and Questrade offer mobile trading apps for iPhone and Android. Each app includes stock and forex price alerts, synced watchlists across mobile and web accounts, and charting tools that let you draw trendlines and automatically save your drawings. In independent testing, both earned 4 out of 5 stars for Mobile Trading Apps, so the overall experience is solid on either platform.
If you rely on technical analysis, Trading 212 stands out with 104 technical studies in its mobile charting, compared with Questrade’s 64. That extra breadth may appeal to traders who want more indicator choices on the go. Reflecting this, ForexBrokers.com ranks Trading 212 at #17 out of 63 brokers for Mobile Trading Apps, while Questrade sits at #28. In short, both apps cover the essentials, but Trading 212 offers more built-in studies and a higher category ranking.
| 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.
For market research, Trading 212 and Questrade both skip daily market commentary but include an economic calendar. Trading 212 offers forex news from top-tier sources such as Bloomberg, Reuters, or Dow Jones, and it includes a sentiment tool that shows the ratio of long vs. short positions. Questrade does not offer a sentiment tool, and its access to top-tier forex news isn’t specified.
Questrade leans on third-party research: it integrates Autochartist and Trading Central, plus TipRanks—none of which are available on Trading 212. Neither broker uses Acuity Trading. Both earn 3.5 out of 5 stars for research; however, Trading 212 ranks slightly higher (#32 of 63) than Questrade (#34 of 63). Choose Trading 212 if you value built-in news and sentiment, or Questrade if you prefer established third-party analysis suites.
| 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 beginners: both brokers provide at least 10 beginner-friendly trading videos, making it easy to learn the basics. Neither hosts monthly client webinars, so live classroom-style sessions aren’t a factor with either option. The available data doesn’t confirm whether either broker meets a 10-piece threshold specifically for forex and CFD-focused education.
When you’re ready to go beyond the basics, Trading 212 has the edge thanks to 10+ advanced videos, while Questrade does not hit that mark. Despite that difference, both are rated 3.5 out of 5 for Education. In ForexBrokers.com’s Education rankings, Trading 212 places #20 of 63, ahead of Questrade at #28—useful context if you want a path that grows from beginner material 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 #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
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Questrade
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| Overall Rating |
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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 (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 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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