Online Trading Starts Here
EN /brokers/forex/view/questrade/
AR Arabic
AZ Azerbaijan
CS Czech
DA Danish
DE Deutsche
EL Greek
EN English
ES Spanish
ET Estonian
FI Finnish
FR French
HE Hebrew
HI Hindi
HU Hungarian
IND Indonesian
IT Italian
JA Japan
KK Kazakh
KM Khmer
KO Korean
MS Melayu
NB Norwegian
NL Dutch
PL Polish
PT Portuguese
RO Romanian
... Русский
SV Swedish
TH Thai
TR Turkish
UA Ukrainian
UZ Uzbek
VI Vietnamese
ZH Chinese
5.63/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum deposit:
  • $1
Trading platform:
  • FxPro Edge
  • Questrade Trading
  • Questrade (Mobile app)
  • Questrade IQ
  • Questrade Global
Foundation date:
  • 1999
18
users picked this broker in 3 months
Check out the Best Forex brokers of United States
flag
Questrade isn't available in

Our Evaluation of Questrade

5.63/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Traders Union icon

Questrade is a moderate-risk broker with the TU Overall Score of 5.63 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Questrade clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.

Questrade is an online investment broker for various purposes. The company focuses on clients from Canada.

Brief Look at Questrade

Questrade Inc. is a reliable broker that has been providing services since 1999. The company offers a wide range of trading instruments: currency pairs (Forex), stocks, ETFs, CFDs, options, bonds, mutual funds, and individual investment instruments. The main office is located in Toronto and this broker opens 200,000 new accounts each year. Questrade Inc. is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and a member of the Canadian Investor Protection Fund (CIPF). Learn about Questrade Canada

We've identified your country as US US

We have thoroughly analyzed all companies legally providing trading services in your country and created a ranking of the best ones. Our analysis highlights companies that offer optimal working conditions, uphold a strong reputation, and consistently receive the highest number of positive reviews from traders on our website.

Explore the 5 top-rated companies in US US :

1
Visit broker
Your capital is at risk.
2
Visit broker
Your capital is at risk.
3
Visit broker
Your capital is at risk.
4
Visit broker
Your capital is at risk.
5
Visit broker
Your capital is at risk.
See the full list of recommended companies
1
Visit exchange
Your capital is at risk.
2
Visit exchange
Your capital is at risk.
3
Visit exchange
Your capital is at risk.
4
Visit exchange
Your capital is at risk.
5
Visit exchange
Your capital is at risk.
See the full list of recommended companies
1
Visit broker
Your capital is at risk.
2
Visit broker
Your capital is at risk.
3
Visit broker
Your capital is at risk.
4
Visit broker
Your capital is at risk.
5
Visit broker
Your capital is at risk.
See the full list of recommended companies
Advantages of trading with Questrade:
  • A wide range of instruments, access to the stock markets of 18 countries.
  • The broker is regulated by the Canadian IIROC.
  • Instruments for passive investments.
  • Various professional trading platforms.
  • Low fees for ETFs.
  • Fast account opening, especially for Canadian citizens.
Disadvantages of Questrade:
  • Relatively high commissions for Forex traders.
  • Restrictions for Non-Canadian Customers.
  • Limited choice of payment systems for deposits and withdrawals.

TU Expert Advice

Andrey Mastykin

Author, Financial Expert at Traders Union

Questrade provides a diverse range of trading instruments, including Forex, stocks, ETFs, CFDs, options, bonds, and mutual funds. The company offers Questrade IQ and Questrade Global platforms, catering to both Canadian and international clients. Advantages include low fees for ETFs, access to stock markets in 18 countries, and fast account opening for Canadian residents. Additionally, robust regulatory oversight by CIRO ensures a level of safety in trading activities.

However, Questrade has certain drawbacks, such as high Forex fees and restrictions for non-Canadian clients. Also, limited payment systems for deposits and withdrawals may not suit all users. These factors make Questrade more suitable for Canadian investors or those with specific geographic and investment needs. Overall, while offering extensive trading instruments and low ETF fees, Questrade’s high Forex charges and limited international support may not appeal to all traders.

Questrade Trading Conditions

Your capital is at risk.  79.43% of retail investor accounts lose money when trading CFDs with this provider. Questrade Ltd and its affiliates do not target EU/EEA/UK clients. It is the user's responsibility to ensure that any use of the website or services adhere to local laws or regulations. Please be aware that you are able to receive investment services at your own exclusive initiative only, ensuring you fully understand all the risks involved.

💻 Trading platform: Questrade Trading, Questrade app (for Android and iOs), Questrade IQ, Edge, Questrade Global + 11 platforms from partner companies
📊 Accounts: TFSA, RRSP, RESP, Margin, Forex & CFD. Some accounts are available only for Canadians
💰 Account currency: USD, CAD
💵 Deposit / Withdrawal: Wire transfer, Interac Online (Canadian Residents), Visa Debit Card
🚀 Minimum deposit: from 1 CAD
⚖️ Leverage: up to 1:20 for retail trade, CFDs, and Forex
💼 PAMM-accounts: No
📈️ Min Order: 0.01
💱 EUR/USD spread: 0,2 pips
🔧 Instruments: Currency pairs (110),
CFD on shares (18 exchanges),
CFD on indices (16),
ETF (1800),
Income guaranteed certificates, stocks, options, and bonds on TSX, NASDAQ, NYSE, and other exchanges
💹 Margin Call / Stop Out: 100%
🏛 Liquidity provider: Canadian banks, plus direct access to exchanges
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Order execution: Market execution
⭐ Trading features: No inactivity fees, no fees to buy ETFs
🎁 Contests and bonuses: Yes

Questrade offers clients up to 1:20 leverage, depending on the asset and the account chosen for trading. Potential clients can test the trading conditions on demo accounts. The broker does not provide Islamic accounts (swaps).

Questrade Key Parameters Evaluation

Video Review of Questrade

User Satisfaction i

Score:
7.1/10

Share your experience

  • Best
  • Last
  • Oldest
Avatar
Avatar
Faithblaster
22 weeks ago

I'll say right away that at Questrade, commissions for Forex traders are quite high, and this is of course a drawback of the company. However, a wide range of trading instruments and access to stock markets in 18 countries is a definite advantage that attracts many traders. Consequently, my attitude towards this broker is rather ambiguous. On the one hand, the high commissions may discourage, on the other hand, the variety of trading and investment opportunities compensates for this disadvantage for those looking for a wider choice.

Je dirai tout de suite que chez Questrade, les commissions pour les traders du Forex sont assez élevées, et c'est bien sûr un inconvénient de la société. Cependant, une large gamme d'instruments de trading et l'accès aux marchés boursiers de 18 pays est un avantage certain qui attire de nombreux traders. Par conséquent, mon attitude à l'égard de ce courtier est plutôt ambiguë. D'une part, les commissions élevées peuvent décourager, d'autre part, la variété des opportunités de trading et d'investissement compense cet inconvénient pour ceux qui recherchent un choix plus large.

Avatar
Avatar
ebhe
24 weeks ago

The broker is regulated by the Canadian IIROC, which is certainly a big plus that guarantees a certain degree of security and transparency. However, it should be noted that the restrictions imposed on customers who are not Canadian citizens considerably reduce the opportunities available to traders wishing to work with this broker. For example, not all account types and trading conditions are available to international customers, making cooperation with Questrade less attractive to those outside Canada. For international traders, this can be a tangible disadvantage.

Le courtier est régulé par l'OCRCVM canadien, ce qui est certainement un grand plus qui garantit un certain degré de sécurité et de transparence. Toutefois, il convient de noter que les restrictions imposées aux clients qui ne sont pas des citoyens canadiens réduisent considérablement les possibilités offertes aux traders qui souhaitent travailler avec ce courtier. Par exemple, tous les types de comptes et toutes les conditions de trading ne sont pas disponibles pour les clients internationaux, ce qui rend la coopération avec Questrade moins attrayante pour ceux qui ne sont pas au Canada. Pour les traders internationaux, il peut donc s'agir d'un inconvénient tangible.

Avatar
Avatar
winshawman
27 weeks ago

The limited choice of payment systems for deposits and withdrawals leaves a lot to be desired. This is a drawback, especially if you're used to a wide selection of fast, convenient options. Despite this, it's worth noting that Questrade has excellent tools for passive investing, which is a real advantage for those who don't want to constantly monitor the market and prefer a quieter trade. The ability to invest in ETFs and manage assets without constant intervention is a good alternative for those seeking stability and simplicity.

Le choix limité de systèmes de paiement pour les dépôts et les retraits laisse vraiment à désirer. C'est un inconvénient, surtout si vous êtes habitué à une large sélection d'options pratiques et rapides. Malgré cela, il convient de noter que Questrade dispose d'excellents outils pour l'investissement passif, ce qui est un réel avantage pour ceux qui ne veulent pas surveiller constamment le marché et préfèrent un commerce plus calme. La possibilité d'investir dans des ETF et de gérer des actifs sans intervention constante est une bonne alternative pour ceux qui recherchent la stabilité et la simplicité.

Avatar
Avatar
RomerpokerLoge
2 years ago

Questrade is an unreliable broker! Fraud for traders! I ran into problems with withdrawing funds, I wanted to withdraw profits and it all started. Questrade has very bad conditions, your positions can be closed at any time.

Avatar
Avatar
shelbylx11
3 years ago

Fraudsters! It is impossible to get them to understand why profitable trades end up making losses! This is a kitchen, money is not withdrawn to the market, and if you have earned, they have lost this amount. They are all on a scam. Same. They can close the opening of a position at any time, while the reason is not called. They constantly have technical problems. Don't even think about contacting them!

Avatar
Avatar
ClaytonPEAP
3 years ago

I wasn't thrilled that Questrade offered a custom terminal. However, I had to put up with it, because Metatrader is not here. In principle, the IQ Edge platform turned out to be not as bad as I expected. It has all the basic tools for conducting high-quality technical analysis, and it is also convenient to use. The interface is not overloaded with unnecessary windows, widgets and buttons - everything is to the point. The minimum spread for EURUSD is about 1 pip, but the average value is closer to 2 pip. The choice of currencies is huge. You can trade with financial leverage, but the maximum level is 1:20. I deposited money on the balance from the card. Came within a few hours, but had to pay a commission of 5%. I think the bank held it.

Avatar
Avatar
civilpes2001
3 years ago

After starting work with Questrade, I realized that Canadians can play more than hockey. The trading platform is developed at the highest level, MetaTrader 4 is not suitable for it! There are no slippages, gaps, or other crap that interferes with making a profit. Questrade has a complete set of necessary tools and is easy to use. In addition to currencies, you can make transactions with CFDs and precious metals. The broker also offers stock market trading and separate terminals are available for this. But I am interested only in Forex trading.

Score:
3.25/10

Trading Account Opening

To start trading with Questrade, you need to become a client of the broker by opening a trading account. A quick guide looks like this:

1

 Click Open Account on Questrade’s website.

Questrade Review - Open account
Questrade Review - Open account
Questrade Review - Open account
2

After that, select the type of account.

Questrade Review — Choosing the account type
Questrade Review — Choosing the account type
3

After choosing an account, you will need to indicate your full name (as in your passport) and come up with a password. After that, a personal account will be created. To use all the functionality of the account, you need to create a profile by providing more information about yourself, your financial position, your attitude toward risk, and your goals for opening the account.

Questrade Review — Opening a trading account
Questrade Review — Opening a trading account
4

After creating the profile, you need to complete the creation of the selected account. In this case, the client will have to answer similar questions asked during the creation of the profile. So the procedure for opening an account may seem convoluted.

Questrade Review — Account verification
Questrade Review — Account verification

Also in the personal account, the client has access to:

  • Various real-time reports on accounts.

  • Forms for deposits and withdrawals of funds.

  • Section for working with the affiliate program.

  • Support interface.

  • Section for downloading trading platforms.

Score:
We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria
9/10

Regulation and safety

Questrade has a safety score of 9/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

Advantages
  • Tier-1 regulated
  • Track record over 26 years
Disadvantages
  • No negative balance protection

Questrade Regulators and Investor Protection

Abbreviation Full Name Country of regulation Investor Protection Fund Regulation Level
CIRO CIRO Investment Industry Regulatory Organization of Canada Canada CAD 1,000,000 Tier-1

Questrade Security Factors

Foundation date 1999
Negative balance protection No
Verification (KYC) Yes
Score:
We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria
7/10

Commissions and fees

The trading and non-trading commissions of broker Questrade have been analyzed and rated as Medium with a fees score of 7/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.

Advantages
  • Tight EUR/USD market spread
  • No inactivity fee
  • No deposit fee
  • No withdrawal fee
Disadvantages
  • Above-average Forex trading fees

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of Questrade with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, Questrade’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

Questrade Standard spreads

Questrade Pepperstone OANDA
EUR/USD min, pips 0,8 0,5 0,1
EUR/USD max, pips 1,2 1,5 0,5
GPB/USD min, pips 0,8 0,4 0,1
GPB/USD max, pips 1,2 1,4 0,5

RAW/ECN Account Commission And Spread

The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.

Questrade RAW/ECN spreads

Questrade Pepperstone OANDA
Commission ($ per lot) 3,5 3 3,5
EUR/USD avg spread 0,2 0,1 0,15
GBP/USD avg spread 0,3 0,15 0,2

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with Questrade. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

Questrade Non-Trading Fees

Questrade Pepperstone OANDA
Deposit fee, % 0 0 0
Withdrawal fee, % 0 0 0
Withdrawal fee, USD 0-40 0 0-15
Inactivity fee ($, per month) 0 0 0
Score:
4.02/10

Account types

Questrade offers a wide variety of accounts (some are only available to Canadian citizens), and customers can have multiple account types at the same time.

Account Type
Description
TFSA
The Tax-Free Savings Account is not subject to capital gains and dividend taxes. It serves short and long-term purposes. You can apply the Margin Power service to your account to buy leveraged financial assets.
A Margin account
is a specialized account for leveraged investing.
Accounts for legal entities
Trust management accounts
Forex & CFDs (individual and corporate)
are accounts for Forex traders
RRSP
is a retirement savings account.
RESP
is an account for accumulating savings for education.

Demo accounts and free transfer of an existing account from another broker are also available.

Questrade is a broker that connects directly to exchanges, and also uses ECN (Electronic Communication Networks) and ATS (Alternative Trading Systems) technologies to quickly execute trades with minimal costs.

Score:
This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology
5.2/10

Deposit and withdrawal

Questrade received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.

Questrade provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.

Advantages
  • No deposit fee
  • No withdrawal fee
  • Bank card deposits and withdrawals
  • BTC available as a base account currency
Disadvantages
  • Minimum deposit above industry average
  • Only major base currencies available
  • Wise not supported

What are Questrade deposit and withdrawal options?

Questrade provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Neteller, BTC.

Questrade Deposit and Withdrawal Methods vs Competitors

Questrade Plus500 Pepperstone
Bank Wire Yes Yes Yes
Bank card Yes Yes Yes
PayPal No Yes Yes
Wise No No No
BTC Yes No No

What are Questrade base account currencies?

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. Questrade supports the following base account currencies:

What are Questrade's minimum deposit and withdrawal amounts?

The minimum deposit on Questrade is $1000, while the minimum withdrawal amount is $100. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Questrade’s support team.

Score:
The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change.
7.5/10

Markets and tradable assets

Questrade offers a wider selection of trading assets than the market average, with over 20000 tradable assets available, including 110 currency pairs.

Advantages
  • ETFs investing
  • Passive income with bonds
  • Indices trading
Disadvantages
  • Crypto trading not available
  • Futures not available

Questrade Supported markets vs top competitors

We have compared the range of assets and markets supported by Questrade with its competitors, making it easier for you to find the perfect fit.

Questrade Plus500 Pepperstone
Currency pairs 110 60 90
Total tradable assets 20000 2800 1200
Stocks Yes Yes Yes
Commodity futures No Yes Yes
Crypto No Yes Yes
Stock indices Yes Yes Yes
Options No Yes No

Investment options

We also explored the trading assets and products Questrade offers for beginner traders and investors who prefer not to engage in active trading.

Questrade Plus500 Pepperstone
Bonds Yes No No
ETFs Yes Yes Yes
Copy trading No No Yes
PAMM investing No No Yes
Managed accounts Yes No No
Score:
This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles.
4.75/10

Trading platforms & tools

Questrade received a score of 4.75/10, indicating a limited selection of trading platforms and tools. This reflects the absence of advanced platform options or a lack of additional features that could enhance the overall trading experience.

Advantages
  • Free VPS for uninterrupted trading
  • Trading bots (EAs) allowed
Disadvantages
  • No TradingView integration
  • No access to cTrader and its advanced tools.
  • No one-click trading

Supported trading platforms

Questrade supports the following trading platforms: none. This selection covers the basic needs of most retail traders. We also compared Questrade’s platform availability with that of top competitors to assess its relative market position.

Questrade Plus500 Pepperstone
MT4 No No Yes
MT5 No No Yes
cTrader No No Yes
TradingView No Yes Yes
Proprietary platform No Yes Yes
NinjaTrader No No No
WebTrader No Yes Yes

Key Questrade’s trading platform features

We also evaluated whether Questrade offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.

Supported features

2FA Yes
Alerts No
Trading bots (EAs) Yes
One-click trading No
Scalping No
Supported indicators 120
Tradable assets 20000

Additional trading tools

Questrade offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution.

Questrade trading tools vs competitors

Questrade Plus500 Pepperstone
Trading Central No No No
API No No Yes
Free VPS Yes No Yes
Strategy (EA) builder No No Yes
Autochartist No No Yes
Score:
This section assesses the quality and functionality of the broker’s mobile trading apps. It takes into account app ratings, number of downloads, platform features such as two-factor authentication (2FA), mobile alerts, and technical indicators, ensuring traders can manage positions and monitor markets effectively from their smartphones.
5.86/10

Mobile apps

Questrade supports mobile trading, offering dedicated apps for both iOS and Android. Questrade received 5.86/10 in this section, which suggests limited user interest or weak performance of the apps.

Advantages
  • Mobile alerts supported
  • Supports mobile 2FA
Disadvantages
  • Indicators not supported
  • Weak user feedback on iOS

We compared Questrade with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.

Questrade Plus500 Pepperstone
Total downloads 500,000 10,000,000 100,000
App Store score 2.5 4.7 4.0
Google Play score 2.2 4.4 4.0
Mob. 2FA Yes Yes Yes
Mob. Indicators No Yes Yes
Mob. Alerts Yes Yes Yes
Score:
3.91/10

Education

Information

There is no advanced training section on questrade.com. A FAQs section informs clients how they can best use the services of this broker and how they can solve problems that may arise.

Information in the Forex Glossary section of the website
Information not available on the Questrade website
Webinars on the use of broker partner products
A detailed description of trading strategies
Retirement Planning Recommendations
Basics of Fundamental Analysis of Stock Markets
Educational blog articles to help novice investors
Trading psychology
IPO and GIC (Guaranteed Investment Contract) Newsletter subscriptions 
Descriptions of technical analysis instruments

The broker does not have cent accounts, so the only option to consolidate the knowledge gained in practice will be training on the Practice Account.

Score:
3.67/10

Customer support

Information

Support service operators are available five days a week. Working hours: Monday-Friday, 7:30 am to 8:00 pm Eastern Standard Time.

Advantages

  • You can ask a question without being a client of the company in the online chat
  • There is support in three languages: English, French, and Chinese

Disadvantages

  • No 24/7 support

Available communication channels with customer support specialists include:

  • telephones;

  • email — for questions related to the affiliate program;

  • online chat on the website;

  • feedback form.

Not only a registered client but also a trader without an active account can contact the support team.

Contacts

Foundation date 1999
Registration address 5700 Yonge Street, Unit G1 Toronto, ON Canada M2M 4K2
Official site https://www.questrade.com/
Contacts
1.416.227.9876

Comparison of Questrade with other Brokers

Questrade Bybit Eightcap XM Group Vantage Markets Octa
Trading
platform
Questrade (Mobile app), Questrade Global, Questrade IQ, Questrade Trading MetaTrader5 MT4, MT5, TradingView MT4, MT5, MobileTrading, XM App MT4, MT5, TradingView, ProTrader, Vantage App MetaTrader4, MetaTrader5, OctaTrader
Min deposit $1 No $100 $5 $50 $25
Leverage From 1:1
to 1:20
From 1:1
to 1:500
From 1:30
to 1:500
From 1:1
to 1:30
From 1:1
to 1:500
From 1:40
to 1:1000
Trust management No No No No No No
Accrual of % on the balance No No No No No No
Spread From 0.8 points From 0 points From 0 points From 0.8 points From 0 points From 0.6 points
Level of margin call
/ stop out
100%  /  10% No  /  50% 80%  /  50% 100%  /  50% 100%  /  50% 25%  /  15%
Order Execution Market Execution Market Execution Market Execution Market Execution Market Execution Market Execution
No deposit bonus No No No No No No
Cent accounts No No No No No No

Detailed Review of Questrade

Questrade builds its work around the observance of three rules: focus on the customer, low commissions, and a wide range of investment instruments. Clients can make transactions on their own (self-directed investing) or they can contact the company’s experts to invest in the Questwealth portfolio they have created. This is a special tool that serves various purposes.

Questrade by the numbers:

  • 21 years in the brokerage market.

  • $25 billion in assets under management.

  • 9-time winner of the Best Companies in Canada.

Questrade is a broker for long-term investment

Questrade’s clients do not have access to desktop and mobile terminals such as MetaTrader 4/5, but the broker has proprietary platforms such as Questrade Trading, Questrade Apps, Questrade Global, and IQ Edge, as well as 11 platforms from the broker’s partners. Such a wide range of platforms opens up the possibility of trading in different styles, with analysis of volumes, option curves, and other advanced features.

Questrade’s useful services:‌

  • Intraday Trader. This is an intraday market scanner that monitors the emergence of patterns and notifies the user in real-time. The scanner was created by Recognia, the world leader in technical analysis. You can customize the scanner by patterns and securities.

  • IPO Center. The broker gives you the possibility to buy initial shares listed on the exchange. Each month there are about 20 shares. For those interested, the broker sends out a bulletin describing the shares that are undergoing IPO.

  • A subscription to various market data offers alerts based on specified criteria, observation lists.

  • VectorVest is a partner share analysis and portfolio management service that analyzes, sorts, ranges, and displays over 23,000 shares daily to assess value and risk.

  • Using the Questrade API, you can develop your own fully functional and analytical applications to work through your brokerage account.

Advantages:

1

There are nine asset classes available for trading and investing, such as stocks, bonds, options, currency pairs, precious metals, ETFs, mutual funds, guaranteed income certificates, energy CFDs, and other base assets.

2

Insurance coverage of up to CAD 10 million for Questrade Inc clients.

3

Access to trading 1800 ETFs of various classes.

4

Low commissions for the Questwealth portfolio.

5

Buy ETFs and reinvest dividend income without any trading fees.

Latest Questrade News

01.05.2025
Andrey Mastykin
Questrade enhances investor tools with Questrade Plus subscription
​Questrade, one of Canada’s leading online brokerages, has officially introduced Questrade Plus — a new subscription service designed to provide
03.04.2025
Mikhail Vnuchkov
Questrade launches real-time fractional trading in Canada
​Questrade, a leading Canadian provider of financial services, has introduced a new feature that marks a significant step forward for retail investors
24.01.2025
Mirjan Hipolito
Questrade explains key differences between TFSAs and RRSPs
​Choosing the right savings plan is a crucial step in securing your financial future. However, with options like the TFSA (Tax-Free Savings Account) and

Articles that may help you

Questrade Fees and Spreads (July 2025)
Is Questrade Regulated and Safe in 2025
How To Use The Triple Exponential Moving Average
Is Forex Trading Halal Or Haram? Complete Guide
Alligator Indicator
How to Use the Traders Dynamic Index
How To Use Donchian Channels To Spot Real Breakouts
Jabulani Ngcobo Trading Strategy, Net Worth And Portfolio
Kathy Lien

Check out our reviews of other companies as well

Team that worked on the article

Open an account
Your capital is at risk.