Written by ForexBrokers.com
In this head to head comparison of AvaTrade 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.
AvaTrade and Questrade are both private online brokers that are not publicly traded and are not banks, but AvaTrade has the stronger regulatory profile. Founded in 2006, AvaTrade holds 4 Tier-1 licenses and 4 Tier-2 licenses, which helps explain its ForexBrokers.com Trust Score of 96 out of 99, placing it in the highly trusted range. Questrade, founded in 2000, holds 1 Tier-1 license and no Tier-2 licenses, and has a Trust Score of 85 out of 99, which is still considered trusted.
In simple terms, both brokers are regulated, but AvaTrade shows a wider mix of top-tier oversight than Questrade. If you are comparing broker safety and regulation, AvaTrade stands out for its higher Trust Score and greater number of highly trusted licenses, while Questrade remains a trusted choice with a slightly lower regulatory rating.
| Feature |
AvaTrade
|
Questrade
|
|---|---|---|
| Year Founded | 2006 | 2000 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 4 | 0 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 1 | 0 |
When comparing commissions and fees, AvaTrade comes out ahead of Questrade for most everyday forex traders. AvaTrade’s spreads are close to the industry average at just under 1 pip, and its Professional account can be even cheaper at around 0.6 pips for qualified traders. AvaTrade is rated 4.5 out of 5 stars for commissions and fees and is ranked #14 out of 36 by ForexBrokers.com.
Questrade takes a different approach, using a spread-only pricing model for forex and CFD trading. That means costs are built into the price you see, but spreads can be wider in practice, with major pairs often closer to 2.1 to 2.5 pips at the time of review. For CFDs, Questrade also adds a $9.95 USD trading fee per unit, which can push total costs much higher. Questrade is rated 3.5 out of 5 stars for commissions and fees and is ranked #33 out of 36.
In plain terms, AvaTrade is generally the better choice if lower trading costs matter most, especially for forex. Questrade may still suit some investors, but its pricing can get expensive fast, particularly on CFDs. If you want a simpler cost setup with more competitive average pricing, AvaTrade has the edge over Questrade in the commissions and fees category.
| Feature |
AvaTrade
|
Questrade
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average spread (EUR/USD) - Standard account | 0.93 | 0.8 or higher |
| All-in Cost EUR/USD - Active | 0.61 | 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.
AvaTrade and Questrade both let clients trade forex, but they differ in what else they offer. AvaTrade provides access to 1,260 tradeable symbols and 53 forex pairs, along with copy trading and cryptocurrency CFDs. Questrade offers fewer total symbols at 675, but it has a larger forex lineup with 110 pairs. Neither broker lets you buy actual shares on U.S. or international stock exchanges, and neither offers direct ownership of cryptocurrency.
For range of investments, Questrade comes out ahead overall. It is rated 5 out of 5 stars and ranks #12 out of 36 brokers by ForexBrokers.com, while AvaTrade is rated 4 out of 5 stars and ranks #26. In short, AvaTrade may appeal more to traders looking for copy trading and crypto CFDs, while Questrade is the stronger pick for forex pair variety.
| Feature |
AvaTrade
|
Questrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1260 | 675 |
| Forex Pairs (Total) | 53 | 110 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | 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.
AvaTrade and Questrade both give traders a choice of a free demo account, a proprietary platform, a Windows desktop download, and a web-based trading platform. Each also lets users trade directly from a stock chart, which can make it easier to place trades while watching price moves. In this area, both brokers cover the main basics well for people who want to test ideas, trade from a browser, or use a downloadable platform.
The bigger differences come down to extra tools. AvaTrade supports copy trading plus MetaTrader 4 and MetaTrader 5, while Questrade does not offer those options. That gives AvaTrade more choice for active traders who want popular third-party platforms or social trading features. This edge shows in third-party reviews too: AvaTrade is rated 4.5 out of 5 stars for Trading Platforms and Tools and ranks #13 out of 36 brokers on ForexBrokers.com, while Questrade scores 4 out of 5 stars and ranks #28 out of 36.
| Feature |
AvaTrade
|
Questrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 80 | 64 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
AvaTrade and Questrade both offer mobile trading apps for iPhone and Android, and each app includes stock or forex price alerts, watchlist syncing with the client’s online account, and the ability to draw trendlines on charts. In day-to-day use, that means traders can stay connected to their accounts, track price moves, and manage watchlists across devices with either broker.
The main differences show up in charting and ratings. AvaTrade offers 73 technical studies in its mobile app, compared with 64 at Questrade, giving AvaTrade a slight edge for chart analysis. Questrade does have one useful advantage: its app auto-saves chart drawings, while AvaTrade does not. Overall, AvaTrade is rated higher for mobile trading apps at 4.5 out of 5 stars and ranks #13 out of 36 brokers on ForexBrokers.com, while Questrade is rated 3.5 out of 5 stars and ranks #28.
| Feature |
AvaTrade
|
Questrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 73 | 64 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
AvaTrade and Questrade both give traders access to some useful market research tools, but AvaTrade comes out ahead overall for research features. AvaTrade offers forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones, plus a sentiment tool that shows long and short positioning across currency pairs and an economic calendar for tracking key global events. It also includes Trading Central research, though it does not offer daily market commentary, Autochartist, or TipRanks.
Questrade also supports Trading Central and stands out for its access to Autochartist and TipRanks, which can help with technical signals and stock ideas. However, it does not provide daily market commentary, top-tier forex news, sentiment data, or an economic calendar. Based on ForexBrokers.com, AvaTrade is rated 4 out of 5 stars for research and ranks #28 out of 36 brokers, while Questrade is rated 3.5 stars and ranks #34 out of 36, giving AvaTrade the edge for overall market research.
| Feature |
AvaTrade
|
Questrade
|
|---|---|---|
| Daily Market Commentary (Articles) | No | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | Yes |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | No |
| TipRanks | No | Yes |
| Acuity Trading | No | No |
| Economic Calendar | Yes | No |
Dive deeper: Best Brokers for Forex Research.
For beginners looking for educational help, AvaTrade clearly has the edge over Questrade. AvaTrade offers forex and CFD learning content, runs online client webinars at least once a month, and provides 10 or more beginner videos as well as 10 or more advanced videos. That makes it easier for new traders to start with the basics and keep learning as their skills grow. AvaTrade is also rated 4 out of 5 stars for Education and ranks #2 out of 36 brokers by ForexBrokers.com in this category.
Questrade, by comparison, offers less support for traders who want a strong learning library focused on forex or CFDs. It does not match AvaTrade’s webinar schedule, and it does not offer 10 or more beginner or advanced trading videos. Questrade is rated 3.5 out of 5 stars for Education and ranks #28 out of 36, so while it still provides some useful learning material, AvaTrade is the better choice for beginners who want more guided education.
| Feature |
AvaTrade
|
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 AvaTrade is better than Questrade. AvaTrade finished with an overall rank of #15, while Questrade finished with an overall rank of #29.
AvaTrade is a trusted global brand best known for offering an extensive selection of trading platforms for forex and CFD traders, along with strong educational resources and copy trading support.
| Feature |
AvaTrade
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Questrade
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| Overall Rating |
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| Trust Score | 96 | 85 |
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In the AvaTrade vs Questrade comparison for cryptocurrency trading, neither broker lets you buy actual (delivered) cryptocurrency, but only AvaTrade offers cryptocurrency CFDs while Questrade does not.
AvaTrade vs Questrade deposit and withdrawal comparison: both do not offer ACH/SEPA transfers but do support bank wires; AvaTrade additionally supports PayPal and Skrill while Questrade does not; 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 | AvaTrade | Questrade | |
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| Trust Score | 96 | 85 | |
| Winner | check_circle | ||
| Review | AvaTrade Review | Questrade Review |
| Broker Screenshots | AvaTrade | Questrade | |
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| Regulation | AvaTrade | Questrade | |
|---|---|---|---|
| Trust Score | 96 | 85 | |
| Year Founded | 2006 | 2000 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 4 | 0 | |
| Tier-3 Licenses | 1 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | AvaTrade | Questrade | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | ||
| Canada (CIRO Authorised) | Yes | Yes | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | Yes | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | 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). | Yes | No |
| Tier-2 Licenses (Trusted) | AvaTrade | Questrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | No | |
| Israel (ISA Authorised) | Yes | 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 | AvaTrade | Questrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1260 | 675 | |
| Forex Pairs (Total) | 53 | 110 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | 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 | AvaTrade | Questrade | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.93 | 0.8 or higher | |
| All-in Cost EUR/USD - Active | 0.61 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | No |
| Funding | AvaTrade | Questrade | |
|---|---|---|---|
| Minimum Deposit | $100 | $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 | AvaTrade | Questrade | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | AvaTrade | Questrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 80 | 64 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | AvaTrade | Questrade | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 73 | 64 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | AvaTrade | Questrade | |
|---|---|---|---|
| Daily Market Commentary (Articles) | No | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | Yes | |
| Trading Central | Yes | Yes | |
| TipRanks | No | Yes | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | No |
| Education | AvaTrade | Questrade | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | AvaTrade | Questrade | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | AvaTrade Review | Questrade Review |
| Overall | AvaTrade | Questrade | |
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| Trust Score | 96 | 85 | |
| Winner | check_circle | ||
| Review | AvaTrade Review | Questrade Review |
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