Written by ForexBrokers.com
In this head to head comparison of Questrade vs Earn, 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.
Questrade and Earn are two seasoned online brokers, founded in 2000 and 1994 respectively, serving traders with a focus on trust and reliability. While neither is publicly traded nor functions as a bank, their regulatory standings vary. Questrade stands out with two highly trusted Tier-1 licenses, reflecting a strong commitment to regulatory compliance, backed by an 86 Trust Score from ForexBrokers.com, categorizing it as a trusted broker. In contrast, Earn holds one Tier-1 license and has a Trust Score of 71, which places it in the average risk category according to ForexBrokers.com.
| Feature |
Questrade
|
Earn
|
|---|---|---|
| Year Founded | 2000 | 1994 |
| 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 | 0 |
When considering the commissions and fees of online brokers, Questrade and Earn offer different setups. Questrade targets spreads on the EUR/USD at 1.9 pips, which is relatively high compared to the industry average. This pricing choice positions Questrade as the 57th out of 62 brokers in ForexBrokers.com's ranking for the Commissions and Fees category, earning a 3-star rating out of five.
On the other hand, Earn does not provide average spread data, making it harder to compare their pricing directly. However, it stands out with a more favorable perception, securing a higher placement in the same ranking. Earn is rated 46th out of 62 brokers by ForexBrokers.com, thanks to a 4-star rating in the Commissions and Fees category.
Overall, if you're choosing between Questrade and Earn based primarily on commissions and fees, Earn appears to be the more cost-effective choice. With a better ranking and star rating, Earn seems to offer a more competitive fee structure, despite the lack of detailed spread information.
| Feature |
Questrade
|
Earn
|
|---|---|---|
| Minimum Deposit | $250 | $100 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| 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 Earn, the range of investment options they offer shows significant differences. Questrade provides access to both forex trading via CFDs or spot contracts, boasting 641 tradeable symbols including 110 forex pairs. In contrast, Earn offers 500 tradeable symbols with 61 forex pairs available. Questrade stands out by allowing clients to buy exchange-traded securities on U.S. and international exchanges, enabling investments in companies like Apple and Vodafone. On the other hand, Earn does not provide access to such securities. Both brokers offer cryptocurrency derivatives but do not support the purchase of actual cryptocurrencies.
Questrade is rated 5 stars for its range of investments, reflecting its comprehensive offerings, while Earn receives a 3.5-star rating. In the ForexBrokers.com ranking of 62 brokers for their investment range, Questrade ranks at an impressive #11, whereas Earn is positioned further down at #45. These differences highlight Questrade's broader array of investment opportunities and higher market standing in comparison to Earn.
| Feature |
Questrade
|
Earn
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 641 | 500 |
| Forex Pairs (Total) | 110 | 61 |
| 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.
When comparing the trading platforms and tools of Questrade and Earn, both brokers provide investors with a comprehensive suite of offerings. Questrade and Earn each offer a simulated trading experience with free virtual demo accounts. Although both brokers have web-based and Windows-based desktop platforms, Questrade stands out with its proprietary platform not matched by Earn. On the other hand, Earn provides access to well-known third-party platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), as well as the popular ZuluTrade for copy trading, while Questrade does not. However, Questrade includes features like DupliTrade, unavailable with Earn. In terms of charting tools, Questrade offers a wider array of drawing tools compared to Earn, and both allow trading directly from a stock chart.
In the realm of watch lists, Questrade offers significantly more columns to monitor different fields, totaling 52 compared to Earn's 7. Both brokers receive a rating of 4 stars for their trading platforms and tools, highlighting their reliability in this category. However, in rankings by ForexBrokers.com, Questrade achieves a higher position at #34, whereas Earn is placed at #51 out of 62 brokers. This could suggest a slight edge for Questrade when it comes to these crucial trading elements, making it a more favorable choice for traders who prioritize a proprietary platform and extensive charting options. Meanwhile, Earn may appeal to those who value third-party platform access and copy trading capabilities.
| Feature |
Questrade
|
Earn
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| 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 | Yes |
| Charting - Indicators / Studies (Total) | 64 | 35 |
| 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.
When it comes to mobile trading apps, both Questrade and Earn provide access through iPhone and Android platforms, catering to traders who prefer managing their investments on the go. Each app offers crucial features such as stock and forex price alerts, the ability to draw trendlines, view multiple time frames on charts, and the creation of watchlists with real-time quotes, ensuring traders have essential tools at their fingertips. However, Questrade excels in watchlist symbol syncing, allowing seamless syncing between their mobile app and online account, something Earn unfortunately does not offer.
In terms of charting capabilities, Questrade also stands out by offering 64 technical studies compared to Earn’s 35. Both mobile apps ensure that any drawings made on stock or forex charts are auto-saved, providing an efficient user experience. Despite these differences, both Questrade and Earn receive a commendable rating of 4 stars for their mobile trading apps. However, on ForexBrokers.com, Earn is ranked higher at #26 compared to Questrade’s #34 out of 62 brokers, indicating a slightly better overall user experience.
| Feature |
Questrade
|
Earn
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 64 | 35 |
| 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 choosing an online broker for market research, it's essential to weigh the resources each platform provides. Questrade and Earn both offer valuable tools, but there are notable differences. Earn provides daily market commentary and forex news from top-tier sources like Bloomberg and Reuters, unlike Questrade. Meanwhile, Questrade stands out with access to technical analysis tools from Trading Central and Autochartist, which Earn does not offer. Additionally, Questrade integrates market research from TipRanks, giving it an edge in this area over Earn.
Both Questrade and Earn offer economic calendars that help track global news events relevant to trading. While neither platform provides sentiment-based trading tools or tools from Acuity Trading, they each have their strengths. Despite having equal research ratings of 3.5 stars out of five, Earn is ranked higher at #38 compared to Questrade's #51 position in the ForexBrokers.com Research category. This makes Earn a potentially better option for traders who prioritize comprehensive and timely market commentary and news, while Questrade may appeal to those who value in-depth technical analysis tools.
| Feature |
Questrade
|
Earn
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| 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 it comes to educational resources tailored for beginners, Questrade stands out with a substantial collection of materials specifically focused on forex and CFDs. Offering more than ten articles, videos, and archived webinars dedicated to these subjects, Questrade ensures that beginners can find ample information to deepen their understanding. In addition, Questrade provides at least ten beginner-friendly videos that cover essential trading topics, catering to the needs of those new to trading. While online live webinars are not part of their educational offerings, Questrade compensates with a searchable archive of previously recorded sessions, giving learners the flexibility to access content at their convenience.
Earn, on the other hand, falls short in the realm of forex and CFDs education, as it does not meet the minimum requirement of ten educational pieces on these topics. Similarly, beginner traders seeking educational videos will find Earn lacking since it does not offer a dedicated collection for novices. Both Questrade and Earn do not provide online educational webinars or advanced educational videos for experienced traders. Additionally, neither broker offers a comprehensive investor dictionary. Despite these limitations, Questrade enjoys a mid-range placement, ranked 36th out of 62 by ForexBrokers.com in the Education category, in contrast to Earn's lower 61st ranking. Both platforms hold a 3.5-star rating for their educational content, suggesting room for improvement in enhancing their educational services for traders of all levels.
| Feature |
Questrade
|
Earn
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| 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 Earn. Questrade finished with an overall rank of #32, while Earn finished with an overall rank of #50.
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
|
Earn
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 86 | 71 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platform & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Both Questrade and Earn provide the option to purchase cryptocurrency derivatives but do not offer the ability to buy actual delivered cryptocurrency.
When comparing online brokers Questrade and Earn, neither supports ACH or SEPA transfers nor PayPal for deposit or withdrawal, while both offer Visa/Mastercard and bank wire options, but only Earn provides the additional choice of using Skrill.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | Questrade | Earn | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 86 | 71 | |
| Winner | check_circle | ||
| Review | Questrade Review |
| Broker Screenshots | Questrade | Earn | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) |
| ||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) |
| ||
| Education Gallery (click to expand) |
|
| Regulation | Questrade | Earn | |
|---|---|---|---|
| Trust Score | 86 | 71 | |
| Year Founded | 2000 | 1994 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 0 |
| Tier-1 Licenses (Highly Trusted) | Questrade | Earn | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| 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 | Yes |
| Tier-2 Licenses (Trusted) | Questrade | Earn | |
|---|---|---|---|
| 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 | Earn | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 641 | 500 | |
| Forex Pairs (Total) | 110 | 61 | |
| 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 | Earn | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | No | Yes |
| Funding | Questrade | Earn | |
|---|---|---|---|
| Minimum Deposit | $250 | $100 | |
| 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 | No |
| Trading Platforms | Questrade | Earn | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| 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 | Yes |
| Trading Tools | Questrade | Earn | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 52 | 7 | |
| Charting - Indicators / Studies (Total) | 64 | 35 | |
| Charting - Drawing Tools (Total) | 20 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Questrade | Earn | |
|---|---|---|---|
| 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 | 35 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Questrade | Earn | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Questrade | Earn | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | Questrade | Earn | |
|---|---|---|---|
| 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 |
| Overall | Questrade | Earn | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 86 | 71 | |
| Winner | check_circle | ||
| Review | Questrade Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill