Written by ForexBrokers.com
In this head to head comparison of Questrade vs ACY Securities, 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 comparing online brokers Questrade and ACY Securities, it's clear that regulatory credentials and trustworthiness vary between the two. Established in 2000, Questrade has built a solid reputation with a ForexBrokers.com Trust Score of 86, placing it in the trusted category. While Questrade is not publicly traded or a bank, it holds two Tier-1 licenses, which are highly trusted by ForexBrokers.com, offering a reassuring level of security for investors.
In contrast, ACY Securities, founded in 2011, has a Trust Score of 75, indicating an average risk according to ForexBrokers.com. Like Questrade, ACY Securities is neither publicly traded nor a bank, but it holds just one Tier-1 license. This single license suggests a step down in regulatory strength compared to Questrade. For potential investors seeking a broker with strong regulatory backing, Questrade stands out with its higher number of top-tier licenses and superior trust score.
| Feature |
Questrade
|
ACY Securities
|
|---|---|---|
| Year Founded | 2000 | 2011 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
Questrade's commission and fees structure might seem steep to some, especially with the EUR/USD target spreads at 1.9 pips, which is higher than the industry standard. This might not be ideal for traders looking for more competitive pricing. According to ForexBrokers.com, Questrade has earned a rating of 3 stars out of 5 for its commissions and fees and is ranked 57th out of 62 brokers, indicating there is room for improvement in this area.
ACY Securities provides a more diverse range of options catering to different types of traders. They offer three distinct account types with varying minimum deposits, spreads, and commissions. While their Standard account's pricing slightly surpasses the industry average, their commission-based ProZero account offers effective spreads that are slightly better. In fact, Australian residents benefit from even lower all-in costs. ACY Securities has a favorable star rating of 4.5 out of 5, placing them 21st in the Commissions and Fees category among 62 brokers, showcasing their competitiveness in this aspect.
Trading with ACY Securities means gaining access to an active trader program with 10 tiers, capable of reducing trading costs by 0.5 pips per lot for those with a monthly volume exceeding 50 standard lots. Their Standard account is commission-free, with an average spread of 1.2 pips on the EUR/USD, requiring a minimal deposit of $50. For tighter spreads, the ProZero and Bespoke accounts might be more appealing, with average spreads as low as 0.25 pips and varying commission rates, delivering an effective spread that competes well with industry leaders.
| Feature |
Questrade
|
ACY Securities
|
|---|---|---|
| Minimum Deposit | $250 | $50 |
| Average Spread EUR/USD - Standard | N/A | 1.2 |
| All-in Cost EUR/USD - Active | N/A | 0.85 |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing Questrade and ACY Securities, both online brokers offer a variety of investment options, with each having its strengths. Questrade provides clients access to 641 tradeable symbols and 110 forex pairs, ensuring a comprehensive selection for investors. Additionally, Questrade allows users to purchase exchange-traded securities on both U.S. and international exchanges, a feature ACY Securities does not offer. For those interested in cryptocurrency, both platforms provide the ability to trade cryptocurrency derivatives but not the actual digital assets. However, Questrade does not support copy trading, a service available with ACY Securities. This feature alone could appeal to traders looking to mimic successful strategies.
In contrast, ACY Securities offers a broader array of 2200 tradeable symbols, which surpasses the selection available at Questrade. However, its forex pair offerings are limited to 66, fewer than Questrade’s. While ACY Securities does not enable the purchasing of U.S. or international exchange-traded securities, it supports a stronger copy trading community. This feature is beneficial for investors seeking guidance from seasoned traders. In terms of investment range ratings, Questrade stands out with a 5-star rating and ranks 11th among 62 brokers reviewed by ForexBrokers.com, while ACY Securities holds a 4-star rating and comes in at 30th place.
| Feature |
Questrade
|
ACY Securities
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 641 | 2200 |
| Forex Pairs (Total) | 110 | 66 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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.
Questrade and ACY Securities both provide traders with a variety of platforms and tools. Each offers a proprietary platform and supports a Windows desktop download as well as a web-based trading experience. Both brokers allow users to engage in simulated trading with a free virtual demo account, providing hands-on practice without financial risk. However, trading features diverge when it comes to third-party platforms: ACY Securities supports MetaTrader 4 and MetaTrader 5, making it a versatile choice for users who prefer these industry-standard platforms. Questrade, on the other hand, integrates DupliTrade but does not offer MetaTrader support. Both companies facilitate trading directly from stock charts, with Questrade providing a slightly broader range of drawing tools at 20 compared to ACY Securities' 15.
When it comes to crafting watch lists, Questrade shines with 52 customizable columns, far exceeding ACY Securities' 7 columns. This makes Questrade particularly appealing for those who rely heavily on personalized data tracking. Nonetheless, both brokers receive an equal rating of 4 stars for their trading platforms and tools. Interestingly, Questrade ranks slightly higher at #34 compared to ACY Securities' #41 according to ForexBrokers.com. This ranking reflects a general recognition of the functionalities and user experience each broker provides for traders seeking efficient and comprehensive solutions in the trading platform arena.
| Feature |
Questrade
|
ACY Securities
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | Yes | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 64 | 30 |
| Charting - Drawing Tools (Total) | 20 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 52 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Questrade and ACY Securities both provide mobile apps for iPhone and Android users, facilitating trading on the go. Both platforms allow users to create watchlists with real-time quotes, set stock and forex price alerts, and view charts in multiple time frames. Additionally, both apps offer the capability to draw trendlines on charts and auto-save these drawings, enabling a seamless and user-friendly experience. However, Questrade's app stands out with its ability to sync watchlist symbols between the mobile app and the online account, a feature not available with ACY Securities. Moreover, Questrade offers 64 technical studies in its charting tools, more than double what ACY Securities provides with only 30 studies.
In terms of user ratings, both Questrade and ACY Securities receive a solid 4 out of 5 stars for their mobile trading apps. Despite this, Questrade slightly edges out ACY Securities in the ForexBrokers.com rankings. Out of 62 brokers, Questrade holds the 34th position, while ACY Securities is ranked 40th, indicating a modest preference for Questrade's mobile experience. While both platforms offer key functionalities that traders need, Questrade may appeal more to those seeking enhanced charting tools and seamless watchlist management.
| Feature |
Questrade
|
ACY Securities
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 64 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of Questrade and ACY Securities, both brokers present unique features that cater to different types of investors. Questrade stands out with its integration of Autochartist and Trading Central, providing investors with valuable technical analysis tools and fundamental research. Additionally, Questrade offers insightful market research through TipRanks and provides users with an economic calendar to track global news events. However, it does not offer daily market commentary or forex news from top-tier sources, which might be a consideration for those who rely heavily on these resources.
On the other hand, ACY Securities provides daily market commentary that can be beneficial for traders looking for frequent updates. However, it lacks some of the specialized analysis tools available with Questrade, such as those from Autochartist and Trading Central. Like Questrade, ACY Securities also offers an economic calendar but does not include research from TipRanks or Acuity Trading. Both brokers share a research rating of 3.5 stars, though ACY Securities is ranked higher at #44 compared to Questrade's #51 out of 62 brokers according to ForexBrokers.com, indicating a slightly better reception in the research category overall.
| Feature |
Questrade
|
ACY Securities
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | Yes | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources for beginners offered by Questrade and ACY Securities, there are several aspects to consider. Both platforms provide a minimum of 10 educational materials focused on forex and CFDs, including articles, videos, and archived webinars. This ensures beginners have a solid foundation to start their trading journey. However, ACY Securities goes a step further by hosting at least one online educational webinar each month, offering a chance for interactive learning, while Questrade does not. Both platforms maintain searchable archives of past webinars, making it easier for users to revisit essential lessons at their convenience.
For those new to trading, both Questrade and ACY Securities offer at least 10 beginner-focused trading videos. Despite their efforts, advanced traders might find their resources limited, as neither provides at least 10 advanced videos on more complex topics. Unfortunately, neither platform offers an investor dictionary for quick reference to investment terminology. In terms of ratings, both brokers score 3.5 stars for their educational offerings. Interestingly, despite the similarities, Questrade ranks higher on ForexBrokers.com at 36 out of 62 brokers, compared to ACY Securities, which ranks 43rd. This may indicate subtle differences in user satisfaction or breadth of content, though both offer a strong foundation for beginners.
| Feature |
Questrade
|
ACY Securities
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Questrade is better than ACY Securities. Questrade finished with an overall rank of #32, while ACY Securities finished with an overall rank of #41.
Regulated in both the U.S. and Canada, Questrade is a trusted full-service multi-asset broker now offering forex and CFDs alongside its stock trading services for active and passive investors. While its scope of educational resources and in-house research is limited, Questrade has an impressive platform lineup.
| Feature |
Questrade
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ACY Securities
|
|---|---|---|
| Overall Rating |
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| Trust Score | 86 | 75 |
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When comparing Questrade and ACY Securities for cryptocurrency trading, both platforms do not offer the ability to buy actual cryptocurrencies, but they do provide options to trade cryptocurrency derivatives, making them suitable for traders interested in derivatives rather than owning digital coins directly.
When comparing Questrade and ACY Securities for online trading, ACY Securities provides more diverse fund transfer options, supporting ACH and SEPA transfers as well as Skrill, unlike Questrade, which offers neither; however, both platforms allow deposits and withdrawals via Visa, Mastercard, and bank wires, with neither accepting PayPal.
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 | Questrade | ACY Securities | |
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| Trust Score | 86 | 75 | |
| Winner | check_circle | ||
| Review | Questrade Review | ACY Securities Review |
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| Regulation | Questrade | ACY Securities | |
|---|---|---|---|
| Trust Score | 86 | 75 | |
| Year Founded | 2000 | 2011 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Questrade | ACY Securities | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No |
| Tier-2 Licenses (Trusted) | Questrade | ACY Securities | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Questrade | ACY Securities | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 641 | 2200 | |
| Forex Pairs (Total) | 110 | 66 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | Questrade | ACY Securities | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 1.2 | |
| All-in Cost EUR/USD - Active | N/A | 0.85 | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | No | No |
| Funding | Questrade | ACY Securities | |
|---|---|---|---|
| Minimum Deposit | $250 | $50 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | Questrade | ACY Securities | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | Yes | No | |
| ZuluTrade | No | No |
| Trading Tools | Questrade | ACY Securities | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 52 | 7 | |
| Charting - Indicators / Studies (Total) | 64 | 30 | |
| Charting - Drawing Tools (Total) | 20 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Questrade | ACY Securities | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 64 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | No |
| Research | Questrade | ACY Securities | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Questrade | ACY Securities | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | Questrade | ACY Securities | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Questrade Review | ACY Securities Review |
| Overall | Questrade | ACY Securities | |
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| Trust Score | 86 | 75 | |
| Winner | check_circle | ||
| Review | Questrade Review | ACY Securities Review |
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