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.
When it comes to choosing an online broker, both XTB and Questrade are noteworthy contenders, established in 2002 and 2000, respectively. Both brokers are not banks; however, XTB takes the edge by being publicly traded, while Questrade remains privately held. This distinction may appeal to investors seeking brokers with greater transparency and credibility. Evaluating their trustworthiness, XTB shines with a ForexBrokers.com Trust Score of 96, indicating it is highly trusted, whereas Questrade holds a respectable score of 86, categorizing it as trusted.
Looking at regulatory credentials, both XTB and Questrade are equipped with 2 Tier-1 licenses, indicating a high level of trust. However, XTB distinguishes itself further by holding 2 additional Tier-2 licenses, while Questrade holds none. This could be a significant factor for those prioritizing strong regulatory oversight. Ultimately, both brokers offer a secure trading platform, but XTB’s higher rating and public trading status could make it a more attractive option for discerning investors.
| 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 |
Comparing commissions and fees, XTB earns 4.5 out of 5 stars and ranks #13 of 63 brokers for this category, while Questrade earns 3 out of 5 stars and ranks #33 of 63. XTB’s overall pricing sits around the industry average, whereas Questrade’s pricing is generally higher, which can matter for frequent traders.
XTB offers two account types: a spread-only Standard account and a commission-based Professional account reserved for elected Professionals in the U.K. and EU (the Pro option is being phased out and isn’t promoted, remaining mainly for legacy clients). In Q4 2023, XTB’s average EUR/USD spread was 1.0 pip. At high volumes, Standard and Pro pricing are similar, but for smaller trade sizes the Standard account tends to be cheaper. Minimum deposits start at 250 in your base currency (£250, €250, or $250). Active traders can access XTB’s Lower Spread Group, which rebates 5%–30% of the spread once monthly volume thresholds are met (from 20 up to 1,000 lots).
Questrade’s target EUR/USD spread is 1.9 pips, which is steep compared with the industry average and notably higher than XTB’s recent average. That gap can increase trading costs for forex traders who place many trades over time.
| 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 vs Questrade: when it comes to range of investments, XTB lists 7,184 tradeable symbols, far more than Questrade’s 641. If your focus is forex, though, Questrade offers 110 currency pairs compared with 71 at XTB. Both brokers support forex trading via CFDs or spot contracts.
Both also let you buy exchange-traded securities on U.S. markets (such as Apple) and on international exchanges (such as Vodafone), not just CFDs. Neither supports copy trading. Neither offers direct, delivered crypto, but both provide cryptocurrency CFDs. For range of investments, each earns 5 out of 5 stars; in ForexBrokers.com’s 63-broker ranking, Questrade is #12 and XTB is #14.
| Feature |
XTB
|
Questrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7184 | 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 | 86 |
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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 | 86 | |
| Winner | check_circle | ||
| Review | XTB Review | Questrade Review |
| Broker Screenshots | XTB | Questrade | |
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| Regulation | XTB | Questrade | |
|---|---|---|---|
| Trust Score | 96 | 86 | |
| 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) | 7184 | 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 | 86 | |
| Winner | check_circle | ||
| Review | XTB Review | Questrade Review |
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