Written by ForexBrokers.com
In this head to head comparison of XTB 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.
Comparing online brokers XTB and Questrade: XTB was founded in 2002 and is publicly traded; Questrade was founded in 2000 and is privately held. Neither is a bank. ForexBrokers.com rates broker trust on a 99-point scale: 90–99 highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and under 59 not trusted.
XTB holds two Tier-1 licenses and two Tier-2 licenses and earns a Trust Score of 96 (highly trusted). Questrade holds two Tier-1 licenses and no Tier-2 licenses, with a Trust Score of 85 (trusted). For investors comparing regulation and trust signals, XTB scores higher overall, while both brokers maintain top-tier regulatory oversight.
| Feature |
XTB
|
Questrade
|
|---|---|---|
| Year Founded | 2002 | 2000 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 2 | 0 |
For forex commissions and fees, XTB generally beats Questrade on day‑to‑day spread costs. In Q4 2023, XTB’s average EUR/USD spread was 1.0 pip—around the industry average—while Questrade’s target spread was 1.9 pips, which is high. Reflecting this gap, XTB earns 4.5/5 stars and ranks #13 of 63 brokers for Commissions and Fees; Questrade earns 3.5/5 stars and ranks #33.
XTB offers a spread‑only Standard account for most clients and a commission‑based Professional account reserved for elected professionals in the U.K. and EU; the Pro option is being phased out and is no longer promoted. For smaller trade sizes, the Standard account is typically cheaper; at higher volumes, pricing between Standard and Pro has been similar. Minimum deposits start at 250 in your base currency (£250, €250, or $250).
Active traders at XTB can join the Lower Spread Group, which rebates 5%–30% of the spread once you hit monthly volume tiers (from 20 lots up to 1,000 lots). While XTB’s pricing still trails the very lowest‑cost brokers, its discounts can narrow the gap, whereas Questrade’s 1.9‑pip EUR/USD target remains steep compared with the industry average.
| Feature |
XTB
|
Questrade
|
|---|---|---|
| Minimum Deposit | $0 | $250 |
| Average spread (EUR/USD) - Standard account | 0.92 | N/A |
| All-in Cost EUR/USD - Active | 0.92 | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
XTB and Questrade both support forex trading (via CFDs or spot) and let you buy exchange‑traded stocks on U.S. and international exchanges. XTB stands out for its sheer variety with 10,900 tradeable symbols, while Questrade lists 641. That said, Questrade offers more tradeable forex pairs (110 vs. XTB’s 71). Neither broker provides copy trading.
Crypto fans can’t buy actual coins at either broker, but both offer cryptocurrency CFDs. For Range of Investments, both earn 5 stars; among 63 brokers, Questrade ranks #12 and XTB ranks #14. If you want the widest overall selection of instruments, XTB has the edge. If you care more about access to a larger set of currency pairs, Questrade may suit you better.
| Feature |
XTB
|
Questrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10900 | 641 |
| Forex Pairs (Total) | 71 | 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.
XTB and Questrade both make it easy to get started with a free paper trading (demo) account. Each offers an in-house trading platform available as a Windows desktop download and as a web-based platform, and both let you place trades directly from price charts. If you’re looking for social or automated copy trading, or MetaTrader support, note that neither broker offers copy trading, MetaTrader 4 (MT4), or MetaTrader 5 (MT5).
For trading platforms and tools, XTB is rated 4.5 out of 5 stars and ranks #9 out of 63 brokers at ForexBrokers.com, while Questrade is rated 4 stars and ranks #28. In short, both cover the essentials, but XTB earns the higher marks for overall platform experience.
| Feature |
XTB
|
Questrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | No |
| MetaTrader 4 (MT4) | No | No |
| MetaTrader 5 (MT5) | No | No |
| Charting - Indicators / Studies (Total) | 39 | 64 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
XTB vs Questrade: both brokers offer mobile trading apps for iPhone and Android. Each app supports stock and forex price alerts, lets you draw trendlines on charts, and autosaves your drawings. For technical analysis, XTB includes 39 built-in indicators, while Questrade offers 64. A notable difference is watchlist syncing: Questrade syncs symbols between the mobile app and the online platform, but XTB does not.
Independent ratings highlight the trade-offs. ForexBrokers.com rates XTB’s mobile app 4.5 out of 5 stars and ranks it #8 out of 63 brokers for Mobile Trading Apps, while Questrade earns 4 stars and ranks #28. If you value a higher-rated overall mobile experience, XTB is appealing. If you want more indicators and watchlists that sync across devices, Questrade may fit better.
| Feature |
XTB
|
Questrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 39 | 64 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing market research, XTB leans into in-house insights while Questrade focuses on third‑party tools. XTB delivers daily market commentary, streams forex news from top‑tier outlets, includes a sentiment tool that shows long/short positioning, and provides an economic calendar. By contrast, Questrade does not offer daily commentary and does not list comparable top‑tier forex news feeds, but it does integrate Autochartist, Trading Central, TipRanks, and also offers an economic calendar.
These differences show up in independent ratings: ForexBrokers.com rates XTB 5 stars for Research and ranks it 9th out of 63 brokers, while Questrade earns 3.5 stars and ranks 34th. Pick XTB if you want built‑in news, sentiment, and daily updates; choose Questrade if you prefer research from well‑known third‑party providers like Autochartist, Trading Central, and TipRanks.
| Feature |
XTB
|
Questrade
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | 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.
Comparing XTB vs Questrade for beginner education, both brokers offer at least 10 beginner-friendly videos that explain trading basics in simple terms. XTB goes further with live client webinars held monthly and a deeper library that includes 10+ advanced video lessons for when you’re ready to level up. Questrade does not run monthly education webinars and doesn’t meet the same threshold for advanced videos, but it still provides a solid starting point for new traders. (Details about each broker’s dedicated forex/CFD education libraries were not specified here.)
If learning support is your priority, XTB stands out: it earns 5 out of 5 stars for Education and ranks #11 out of 63 brokers at ForexBrokers.com. Questrade is rated 3.5 out of 5 stars and ranks #28. In short, choose XTB if you want frequent live sessions and more advanced lessons as you grow; choose Questrade if you mainly need beginner videos within a broader trading platform.
| Feature |
XTB
|
Questrade
|
|---|---|---|
| Webinars | Yes | 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 XTB is better than Questrade. XTB finished with an overall rank of #7, while Questrade finished with an overall rank of #29.
As a trusted multi-asset broker, XTB offers outstanding customer service, a wide variety of forex and CFDs, and an excellent overall trading experience. Its xStation 5 trading platform is well-designed and packed with innovative features, and XTB’s offers comprehensive educational content and market research.
| Feature |
XTB
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Questrade
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| Overall Rating |
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| Trust Score | 96 | 85 |
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Neither XTB nor Questrade supports buying actual (delivered) cryptocurrency; both offer cryptocurrency CFD trading instead.
Comparing XTB vs Questrade funding options: both lack ACH/SEPA but support bank wires; XTB additionally accepts PayPal and Skrill while Questrade does not, 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 | XTB | Questrade | |
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| Trust Score | 96 | 85 | |
| Winner | check_circle | ||
| Review | XTB Review | Questrade Review |
| Broker Screenshots | XTB | Questrade | |
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| Regulation | XTB | Questrade | |
|---|---|---|---|
| Trust Score | 96 | 85 | |
| Year Founded | 2002 | 2000 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 1 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | XTB | 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) | XTB | Questrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | XTB | Questrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10900 | 641 | |
| Forex Pairs (Total) | 71 | 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 | XTB | Questrade | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.92 | N/A | |
| All-in Cost EUR/USD - Active | 0.92 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | No |
| Funding | XTB | Questrade | |
|---|---|---|---|
| Minimum Deposit | $0 | $250 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | XTB | Questrade | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | No | |
| MetaTrader 4 (MT4) | No | No | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No |
| Trading Tools | XTB | Questrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 39 | 64 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | XTB | Questrade | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 39 | 64 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | XTB | Questrade | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | 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 | XTB | Questrade | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | XTB | Questrade | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | XTB Review | Questrade Review |
| Overall | XTB | Questrade | |
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| Trust Score | 96 | 85 | |
| Winner | check_circle | ||
| Review | XTB Review | Questrade Review |
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