ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Learn How We Make Money

Questrade vs ATFX 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of Questrade vs ATFX, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Questrade
4/5 Stars Overall
  • Minimum Deposit: $250
  • Trust Score: 86
  • Tradeable Symbols (Total): 641
ATFX
4/5 Stars Overall
  • Minimum Deposit: $500
  • Trust Score: 85
  • Tradeable Symbols (Total): 150

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.

Regulation

Questrade, founded in 2000, and ATFX, established in 2017, are both well-known entities in the online brokerage space. When it comes to regulatory trust and security, Questrade holds two Tier-1 licenses, reflecting a strong regulatory standing. In contrast, ATFX surpasses this with four Tier-1 licenses and an additional two Tier-2 licenses, which further attest to its reliability. Questrade's Trust Score from ForexBrokers.com is 86, categorizing it as a trusted broker. Similarly, ATFX holds a Trust Score of 85, placing it in the same trusted category.

Neither of the two brokers is publicly traded or operates as a bank. With Questrade and ATFX nearing each other in trust scores, they present as solid options for potential investors seeking reliable online brokers. However, ATFX's higher number of regulatory licenses might appeal to those placing particular emphasis on regulatory strength.

Feature Questrade logoQuestrade
ATFX logoATFX
Year Founded info 2000 2017
Publicly Traded (Listed) info
Bank info
Tier-1 Licenses info 2 4
Tier-2 Licenses info 0 2
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 1

Fees

When considering online brokers, understanding commissions and fees is crucial. Questrade offers a target spread of 1.9 pips on the EUR/USD pair, which is relatively steep when compared to the industry average. For this reason, Questrade receives a three-star rating for its commissions and fees. According to ForexBrokers.com, Questrade is ranked 58th out of 63 brokers in the Commissions and Fees category.

On the other hand, ATFX does not provide average spread data, which might be a point of concern for traders looking for transparent cost structures. Like Questrade, ATFX also earns a three-star rating for its commissions and fees. In the same Commissions and Fees category, ATFX is slightly lower ranked at 60th out of 63 brokers as evaluated by ForexBrokers.com.

Feature Questrade logoQuestrade
ATFX logoATFX
Minimum Deposit info $250 $500
Average Spread EUR/USD - Standard info N/A N/A info
All-in Cost EUR/USD - Active info N/A N/A info
Active Trader or VIP Discounts info
ACH or SEPA Transfers info
PayPal (Deposit/Withdraw) info
Skrill (Deposit/Withdraw) info Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

Questrade and ATFX both offer forex trading as contracts for difference (CFDs), providing investors access to currency markets. However, when it comes to the variety of trading options, Questrade outshines ATFX with 641 tradeable symbols compared to ATFX's 150. Questrade also offers a broader selection of forex pairs, boasting 110 compared to ATFX's 44. Furthermore, Questrade allows clients to invest in exchange-traded securities on both U.S. and international exchanges, enabling them to purchase shares of well-known companies like Apple or Vodafone directly. Unfortunately, this is not an offering with ATFX, which limits its scope to CFDs and does not provide the option to trade actual shares on stock exchanges.

While both Questrade and ATFX provide opportunities to trade cryptocurrency derivatives, they do not offer immediate ownership of the cryptocurrencies themselves. Additionally, ATFX grants the possibility of engaging in copy trading, an appealing feature for those who prefer to mirror the strategies of experienced traders. In terms of investment diversity, Questrade earns a higher rating of five stars compared to ATFX’s 3.5 stars. This is further reflected in their rankings by ForexBrokers.com, where Questrade holds the 11th position against ATFX's 57th out of 63 brokers, highlighting Questrade's wider investment options and competitive edge.

Feature Questrade logoQuestrade
ATFX logoATFX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 641 150
Forex Pairs (Total) info 110 44
U.S. Stock Trading (Non CFD) info Yes
Int'l Stock Trading (Non CFD) info Yes
Social Trading / Copy Trading info Yes
Cryptocurrency (Physical) info
Cryptocurrency (Derivative) info 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.

Trading platforms and tools

When comparing Questrade and ATFX in terms of their trading platforms and tools, both brokers offer simulated or paper trading accounts, which allow users to practice trading without financial risk. Questrade stands out with its proprietary platform developed in-house, offering both a Windows-based desktop download and a web-based trading platform. ATFX, meanwhile, provides the popular MetaTrader 4 and MetaTrader 5 platforms, renowned for their extensive features. Although both brokers support trading from stock charts, Questrade offers more flexibility with 20 drawing tools compared to ATFX's 15, and impressively allows users to create extensive watchlists with 52 columns, substantially outpacing ATFX's 7 columns.

In terms of innovative features, ATFX excels with its support for copy trading, allowing traders to mirror the trades of successful investors. However, Questrade integrates seamlessly with DupliTrade, enhancing its platform's appeal for traders looking for diversified options. Rated 4 stars, Questrade comes out slightly ahead of ATFX, which holds a 3.5-star rating from ForexBrokers.com. Among 63 brokers, Questrade ranks 34th while ATFX is positioned at 62nd in the Trading Platforms and Tools category. This comparison highlights Questrade's versatile platform and enhanced features in this competitive landscape.

Feature Questrade logoQuestrade
ATFX logoATFX
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes
MetaTrader 4 (MT4) info Yes
MetaTrader 5 (MT5) info Yes
DupliTrade info Yes
ZuluTrade info
Charting - Indicators / Studies (Total) info 64 30
Charting - Drawing Tools (Total) info 20 15
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 52 7

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

When comparing mobile trading apps from Questrade and ATFX, both brokers offer iPhone and Android apps, along with features such as stock and forex price alerts and the ability to draw trendlines on charts. However, Questrade stands out with its extensive 64 technical studies for charting, while ATFX provides just 7. Additionally, Questrade ensures a seamless experience with watchlist symbol syncing between the mobile app and their online account, a feature not mentioned for ATFX. Also, both apps allow users to view multiple time frames and offer auto-saving for chart drawings.

In terms of creating watchlists with real-time quotes, both brokers are on par. Yet, according to ForexBrokers.com, Questrade is ranked at #34 for their mobile trading app out of 63 brokers, with a rating of 4 stars. In contrast, ATFX holds the #63 position with a slightly lower rating of 3.5 stars. This indicates that while both offer fundamental functionalities, Questrade may provide a more comprehensive and user-friendly mobile trading experience.

Feature Questrade logoQuestrade
ATFX logoATFX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info Yes
Mobile Charting - Indicators / Studies info 64 7
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

When comparing the market research offerings of Questrade and ATFX, there are several noteworthy distinctions. Although ATFX provides daily market commentary to keep traders informed, Questrade does not offer this feature. Both brokers, however, equip their users with various technical analysis tools and resources powered by Autochartist and Trading Central, making them suitable for traders needing advanced analytics. While neither broker provides forex news from premier sources like Bloomberg or Reuters, Questrade benefits from the inclusion of market research from TipRanks, which ATFX lacks, while both Questrade and ATFX offer an economic calendar to help traders stay updated on global events.

In terms of sentiment-based trading tools and resources from Acuity Trading, neither Questrade nor ATFX caters to these needs. Despite these missing features, both platforms maintain a focus on providing essential research tools for informed trading. According to ratings, Questrade scores 3.5 stars for its research offerings, surpassing ATFX's 3-star rating. Additionally, in the overall research category, Questrade ranks 51st out of 63 brokers on ForexBrokers.com, slightly outperforming ATFX, which ranks at 54th. These insights can help potential users decide which broker may align best with their specific trading needs and research preferences.

Feature Questrade logoQuestrade
ATFX logoATFX
Daily Market Commentary info Yes
Forex News (Top-Tier Sources) info
Autochartist info Yes Yes
Trading Central (Recognia) info Yes Yes
Social Sentiment - Currency Pairs info
TipRanks info Yes
Signal Centre (Acuity Trading) info
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When it comes to educational resources for beginners, both Questrade and ATFX provide a comprehensive collection that includes at least ten pieces focused on forex or CFDs. These resources come in various formats, such as articles, videos, and archived webinars, catering to different learning preferences. Additionally, both platforms feature a searchable archive of past client webinars, making it easy for users to access and learn from previous sessions. While Questrade offers an array of beginner-oriented educational videos, ATFX also matches this offering with a similar selection aimed at novice traders.

Despite their similar offerings for newcomers, there are differences in ratings and rankings. Questrade is rated slightly higher for its educational content, receiving 3.5 stars compared to ATFX's 3 stars. However, ATFX ranks higher in the Education category among 63 brokers, positioned at #28, while Questrade is ranked at #36. An additional point of distinction is ATFX's inclusion of an investor dictionary with over 50 terms, a resource Questrade presently does not offer. Overall, both brokers give beginners a solid foundation of educational materials, though their specific offerings differ in some aspects.

Feature Questrade logoQuestrade
ATFX logoATFX
Education (Forex or CFDs) info Yes Yes
Client Webinars info
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info
Investor Dictionary (Glossary) info Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that Questrade is better than ATFX. Questrade finished with an overall rank of #32, while ATFX finished with an overall rank of #51.

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 logoQuestrade
ATFX logoATFX
Overall Rating info 4/5 Stars 4/5 Stars
Trust Score info 86 85
Range of Investments 5/5 Stars 3.5/5 Stars
Commissions & Fees 3/5 Stars 3/5 Stars
Platforms & Tools 4/5 Stars 3.5/5 Stars
Research 3.5/5 Stars 3/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Education 3.5/5 Stars 4/5 Stars

FAQs

Can you trade cryptocurrency with Questrade or ATFX?

Questrade and ATFX both allow investors to trade cryptocurrency derivatives, however, neither platform currently offers the option to purchase actual delivered cryptocurrency.

What funding options does each broker offer?

When comparing online brokers Questrade and ATFX, both offer Visa or Mastercard and bank wires as options for depositing or withdrawing account funds, but only ATFX provides the option of using Skrill, while neither supports ACH, SEPA, or PayPal transfers.




announcementPlease 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.

Select Brokers

×
  • check_box_outline_blankcheck_boxActivTrades
  • check_box_outline_blankcheck_boxACY Securities
  • check_box_outline_blankcheck_boxAdmirals
  • check_box_outline_blankcheck_boxAlpari
  • check_box_outline_blankcheck_boxATFX
  • check_box_outline_blankcheck_boxAvaTrade
  • check_box_outline_blankcheck_boxAxi
  • check_box_outline_blankcheck_boxBDSwiss
  • check_box_outline_blankcheck_boxBlackBull Markets
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCharles Schwab
  • check_box_outline_blankcheck_boxCity Index
  • check_box_outline_blankcheck_boxCMC Markets
  • check_box_outline_blankcheck_boxDooPrime
  • check_box_outline_blankcheck_boxEarn
  • check_box_outline_blankcheck_boxeasyMarkets
  • check_box_outline_blankcheck_boxEightcap
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxExness
  • check_box_outline_blankcheck_boxFineco
  • check_box_outline_blankcheck_boxFOREX.com
  • check_box_outline_blankcheck_boxFP Markets
  • check_box_outline_blankcheck_boxFXCM
  • check_box_outline_blankcheck_boxFXGT.com
  • check_box_outline_blankcheck_boxFXOpen
  • check_box_outline_blankcheck_boxFXPrimus
  • check_box_outline_blankcheck_boxFxPro
  • check_box_outline_blankcheck_boxGBE brokers
  • check_box_outline_blankcheck_boxHFM
  • check_box_outline_blankcheck_boxHYCM (Henyep Capital Markets)
  • check_box_outline_blankcheck_boxIC Markets
  • check_box_outline_blankcheck_boxIFC Markets
  • check_box_outline_blankcheck_boxiFOREX
  • check_box_outline_blankcheck_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxIronFX
  • check_box_outline_blankcheck_boxIUX
  • check_box_outline_blankcheck_boxLegacyFX
  • check_box_outline_blankcheck_boxLibertex (Forex Club)
  • check_box_outline_blankcheck_boxMarkets.com
  • check_box_outline_blankcheck_boxMarkets4you
  • check_box_outline_blankcheck_boxMoneta Markets
  • check_box_outline_blankcheck_boxMultiBank
  • check_box_outline_blankcheck_boxOANDA
  • check_box_outline_blankcheck_boxOcta
  • check_box_outline_blankcheck_boxPepperstone
  • check_box_outline_blankcheck_boxPlus500
  • check_box_outline_blankcheck_boxQuestrade
  • check_box_outline_blankcheck_boxRoboForex
  • check_box_outline_blankcheck_boxSaxo
  • check_box_outline_blankcheck_boxSpreadex
  • check_box_outline_blankcheck_boxSwissquote
  • check_box_outline_blankcheck_boxThinkMarkets
  • check_box_outline_blankcheck_boxTickmill
  • check_box_outline_blankcheck_boxTMGM
  • check_box_outline_blankcheck_boxTopFX
  • check_box_outline_blankcheck_boxTrade Nation
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxVantage
  • check_box_outline_blankcheck_boxVT Markets
  • check_box_outline_blankcheck_boxXM Group
  • check_box_outline_blankcheck_boxXTB
  • check_box_outline_blankcheck_boxXtrade

Compare

0 of 5
Overall Rating Questrade ATFX
Overall Rating info 4/5 Stars 4/5 Stars
Commissions & Fees 3/5 Stars 3/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Research 3.5/5 Stars 3/5 Stars
Education 3.5/5 Stars 4/5 Stars
Trust Score info 86 85
Winner check_circle
Review Questrade Review
Broker Screenshots Questrade ATFX
Broker Gallery (click to expand) info
Regulation Questrade ATFX
Trust Score info 86 85
Year Founded info 2000 2017
Publicly Traded (Listed) info
Bank info
Regulated in one or more EU or EEA countries (MiFID). info Yes info
Tier-1 Licenses info 2 4
Tier-2 Licenses info 0 2
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 1
Tier-1 Licenses (Highly Trusted) Questrade ATFX
Australia (ASIC Authorised) info Yes
Canada (CIRO Authorised) info Yes
Hong Kong (SFC Authorised) info Yes
Japan (SFC Authorised) info
Singapore (MAS Authorised) info
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info Yes
USA (CFTC Authorized) info
New Zealand (FMA Authorised) info
Regulated in one or more EU or EEA countries (MiFID). info Yes info
Tier-2 Licenses (Trusted) Questrade ATFX
Kenya (CMA Authorised) info
Israel (ISA Authorised) info
South Africa (FSCA Authorised) info Yes
UAE (DFSA/Central Bank Authorised) info
India (SEBI Authorised) info
Jordan (JSC Authorised) info
Investments Questrade ATFX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 641 150
Forex Pairs (Total) info 110 44
U.S. Stock Trading (Non CFD) info Yes
Int'l Stock Trading (Non CFD) info Yes
Social Trading / Copy Trading info Yes
Cryptocurrency (Physical) info
Cryptocurrency (Derivative) info 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 ATFX
Average Spread EUR/USD - Standard info N/A N/A info
All-in Cost EUR/USD - Active info N/A N/A info
Active Trader or VIP Discounts info
Inactivity Fee info
Execution: Agency Broker info Yes
Execution: Market Maker info Yes
Funding Questrade ATFX
Minimum Deposit info $250 $500
PayPal (Deposit/Withdraw) info
Skrill (Deposit/Withdraw) info Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info
Trading Platforms Questrade ATFX
Proprietary Platform info Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes
MetaTrader 4 (MT4) info Yes
MetaTrader 5 (MT5) info Yes
cTrader info
DupliTrade info Yes
ZuluTrade info
Trading Tools Questrade ATFX
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 52 7
Charting - Indicators / Studies (Total) info 64 30
Charting - Drawing Tools (Total) info 20 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading Questrade ATFX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes
Mobile Charting - Indicators / Studies info 64 7
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Economic Calendar info Yes Yes
Research Questrade ATFX
Daily Market Commentary info Yes
Forex News (Top-Tier Sources) info
Autochartist info Yes Yes
Trading Central (Recognia) info Yes Yes
TipRanks info Yes
Social Sentiment - Currency Pairs info
Economic Calendar info Yes Yes
Education Questrade ATFX
Education (Forex or CFDs) info Yes Yes
Client Webinars info
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info
Investor Dictionary (Glossary) info Yes
Major Forex Pairs Questrade ATFX
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review Questrade Review
Overall Questrade ATFX
Overall Rating info 4/5 Stars 4/5 Stars
Commissions & Fees 3/5 Stars 3/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Research 3.5/5 Stars 3/5 Stars
Education 3.5/5 Stars 4/5 Stars
Trust Score info 86 85
Winner check_circle
Review Questrade Review
arrow_upward

close