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 vs Questrade for safety and regulation: XTB was founded in 2002 and is publicly traded, while Questrade was founded in 2000 and is privately held; neither company is a bank. According to the ForexBrokers.com Trust Score (0–99), 90–99 is highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and below 59 should not be trusted. XTB scores 96 (highly trusted), while Questrade scores 85 (trusted).
On licensing, XTB holds 2 Tier-1 licenses (highly trusted) and 2 Tier-2 licenses (trusted). Questrade holds 1 Tier-1 license and no Tier-2 licenses. In plain terms, XTB has broader top-tier regulatory coverage, while Questrade meets strong standards but with fewer regulatory approvals.
| Feature |
XTB
|
Questrade
|
|---|---|---|
| Year Founded | 2002 | 2000 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 2 | 0 |
Looking at commissions and fees, XTB generally delivers lower forex trading costs than Questrade. XTB’s Standard account averages about 1 pip on EUR/USD (Q4 2023), while Questrade Global’s major-pair spreads tend to land closer to 2.1–2.5 pips in practice. Ratings and rankings reflect this gap: XTB earns 4.5/5 stars and ranks #13 out of 63 brokers for Commissions and Fees (ForexBrokers.com), whereas Questrade holds 3.5/5 stars and ranks #33 out of 63.
XTB offers two account types: a spread-only Standard account and a commission-based Professional account that’s limited to elective professionals in the U.K. and EU and is being phased out in most regions. For most retail traders, the Standard account is the better fit, especially at smaller trade sizes. Minimum deposits start at 250 in your base currency, and active traders can qualify for XTB’s Lower Spread Group rebates, returning 5%–30% of the spread once you reach 20 to 1000 lots per month. Overall pricing is around the industry average, but the discounts can help frequent traders cut costs.
Questrade Global is a spread-only model, meaning your costs are baked into the bid-ask price instead of a separate commission. While spreads can be as low as 0.8 pips under normal conditions, typical real-world averages are closer to 2.1–2.5 pips—about $20 per standard-lot trade at 2 pips. For CFDs, Questrade adds a $9.95 USD fee per unit to open and close positions on top of a small spread, which can become pricey (for example, buying and selling one Tesla CFD would total $19.95 USD in fees, plus overnight financing). This structure helps explain Questrade’s lower 3.5/5 star rating and #33/63 ranking for Commissions and Fees compared with XTB’s 4.5/5 stars and #13/63.
| Feature |
XTB
|
Questrade
|
|---|---|---|
| Minimum Deposit | $0 | $0 |
| Average spread (EUR/USD) - Standard account | 0.92 | 0.8 or higher |
| 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 for range of investments: both support forex trading as CFDs or spot. XTB lists 10,900 tradeable symbols, while Questrade offers 675. For currency pairs, Questrade leads with 110 versus XTB’s 71. Neither broker supports copy trading. Neither allows buying actual crypto, but XTB does offer crypto CFDs and Questrade does not.
XTB also provides exchange-traded stocks on U.S. markets (e.g., Apple) and international markets (e.g., Vodafone), while Questrade does not offer exchange-traded shares in those markets. Both earn 5 out of 5 stars for Range of Investments; in ForexBrokers.com’s rankings, Questrade is #12 and XTB is #14 out of 63 brokers.
| Feature |
XTB
|
Questrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10900 | 675 |
| Forex Pairs (Total) | 71 | 110 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | No | No |
| Cryptocurrency (Underlying) | No | 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.
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.
Both the XTB mobile trading app and the Questrade mobile trading app are available for iPhone and Android. Each app supports stock/forex price alerts, lets you draw trendlines on charts, and auto-saves your drawings. For charting, Questrade includes more built-in technical studies (64) than XTB (39). A key difference is watchlists: Questrade syncs symbols between your mobile app and online account, while XTB does not sync watchlists across platforms.
When it comes to independent reviews, XTB earns 4.5 out of 5 stars and ranks #8 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com. Questrade scores 3.5 out of 5 stars and ranks #28. Choose Questrade if synced watchlists are a must; pick XTB if you want a higher-rated mobile experience with strong charting tools.
| 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.
XTB vs Questrade: market research comparison. XTB delivers daily market commentary and built-in forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones. It also includes a sentiment tool that shows how many traders are buying vs. selling, plus a global economic calendar for upcoming events. Questrade does not offer daily commentary, a sentiment gauge, an economic calendar, or integrated forex news from those outlets.
Questrade’s strengths lie in third-party research: it offers Autochartist and Trading Central for chart patterns and trade ideas, and TipRanks for stock insights—tools XTB does not provide. Overall, ForexBrokers.com rates XTB 5 stars for Research (ranked #9 of 63) versus Questrade at 3.5 stars (#34). Choose XTB if you want in-platform news and frequent market updates; pick Questrade if you prefer external scanners and stock-focused research tools.
| Feature |
XTB
|
Questrade
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | 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.
Comparing XTB vs Questrade for beginner education, XTB clearly offers more ways to learn. XTB runs live client webinars at least once a month and provides at least 10 beginner-friendly trading videos, which makes it easier to build skills step by step. Questrade does not host monthly educational webinars and has fewer than 10 beginner videos. Reflecting this gap, XTB earns 5 stars for Education and ranks #11 out of 63 brokers on ForexBrokers.com, while Questrade holds 3.5 stars and ranks #28.
If you plan to grow beyond the basics, XTB also supplies at least 10 advanced trading videos, while Questrade does not meet that mark. Details on whether either broker offers 10 or more forex- or CFD-specific pieces were not provided. For most new traders who want structured videos plus regular webinars, XTB is likely the easier starting point; Questrade may suit those who need lighter coverage and already use its platform for investing.
| Feature |
XTB
|
Questrade
|
|---|---|---|
| Webinars | Yes | 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 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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XTB vs Questrade: neither broker lets you buy actual (delivered) cryptocurrencies; however, XTB offers cryptocurrency CFDs while Questrade does not.
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 | 1 | |
| 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 CMA 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 | 675 | |
| Forex Pairs (Total) | 71 | 110 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | No | No | |
| Cryptocurrency (Underlying) | No | 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 | XTB | Questrade | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.92 | 0.8 or higher | |
| 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 | $0 | |
| 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 | No | |
| Autochartist | No | Yes | |
| Trading Central | No | Yes | |
| TipRanks | No | Yes | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | No |
| Education | XTB | Questrade | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| 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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