Written by ForexBrokers.com
In this head to head comparison of Questrade vs easyMarkets, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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Questrade, founded in 2000, and easyMarkets, established in 2001, are both prominent online brokers. While neither is publicly traded nor functions as a bank, they both prioritize client trust and regulatory compliance. Questrade holds two Tier-1 licenses, reflecting its commitment to high-level oversight, while easyMarkets matches this with two of its own Tier-1 licenses, as well. However, easyMarkets goes a step further by having an additional Tier-2 license, offering another layer of trustworthiness.
When it comes to trust scores as rated by ForexBrokers.com, Questrade achieves a rating of 86, placing it in the "trusted" category. easyMarkets closely follows with a score of 84, similarly falling within the "trusted" range. Both brokers provide clients with a reliable trading environment, though their regulatory structures differ slightly, offering users multiple avenues to choose from based on their preferences and needs.
| Feature |
Questrade
|
easyMarkets
|
|---|---|---|
| Year Founded | 2000 | 2001 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 2 |
When comparing online brokers Questrade and easyMarkets, several differences in their commissions and fees structures come into play. Questrade offers target spreads on the EUR/USD at 1.9 pips, which can be considered steep compared to the industry average. For its commissions and fees, Questrade earns a rating of 3 stars. Ranked #57 out of 62 brokers in the Commissions and Fees category by ForexBrokers.com, it may not be the most cost-effective option for traders looking to minimize expenses.
On the other hand, easyMarkets provides a more favorable outlook for its users. Spreads are fixed at 0.8 pips for EUR/USD when using easyMarkets’ platform along with TradingView. While using MT4, the spread is higher at 1.7 pips for the Standard account. However, opting for the VIP account can reduce this to 0.7 pips. Additionally, MT5 comes with a variable spread starting from 0.7 pips. easyMarkets earns a slightly better rating of 3.5 stars and is ranked #51 by ForexBrokers.com, indicating a more competitive position in terms of commissions and fees.
| Feature |
Questrade
|
easyMarkets
|
|---|---|---|
| Minimum Deposit | $250 | $25 |
| Average Spread EUR/USD - Standard | N/A | 0.8 |
| All-in Cost EUR/USD - Active | N/A | 0.8 |
| 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 the range of investments available at Questrade and easyMarkets, Questrade stands out as a more versatile option. It offers a wide selection of 641 tradeable symbols compared to easyMarkets, which provides 230. For forex enthusiasts, Questrade presents a broader portfolio with 110 tradeable forex pairs, while easyMarkets offers 63. Additionally, Questrade provides access to exchange-traded securities on both U.S. and international exchanges, enabling investors to purchase shares like Apple and Vodafone. In contrast, easyMarkets does not offer direct trading of exchange-traded securities on these exchanges.
For those interested in cryptocurrency derivatives, both Questrade and easyMarkets provide options, although neither offers actual cryptocurrency purchases. While Questrade lacks copy trading features, easyMarkets includes this capability for users looking to mimic successful trades. With a five-star rating for its range of investments, Questrade ranks 11th out of 62 brokers, showcasing its strong offerings. On the other hand, easyMarkets holds a 3.5-star rating and is ranked 54th in the same category, highlighting the differences in investment diversity between the two online brokers.
| Feature |
Questrade
|
easyMarkets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 641 | 230 |
| Forex Pairs (Total) | 110 | 63 |
| 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). |
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When comparing the trading platforms and tools offered by Questrade and easyMarkets, both brokers provide comprehensive solutions for traders of all levels. Questrade and easyMarkets each offer proprietary platforms and Windows-based desktop apps, as well as web-based options for convenient browser access. Both brokers also support virtual demo accounts, making it easy to practice trading without financial risk. While easyMarkets excels with features like MetaTrader 4 and 5 and offers copy trading, Questrade stands out by offering DupliTrade and providing extensive options for customizing watch lists with 52 fields compared to easyMarkets' 8 fields.
For charting enthusiasts, Questrade provides 20 drawing tools, while easyMarkets offers a slightly broader selection with 30 tools. Both platforms enable trading directly from a stock chart, enhancing user experience and trading efficiency. In terms of ratings, both Questrade and easyMarkets earn four out of five stars for their trading platforms and tools. According to ForexBrokers.com, Questrade ranks #34 and easyMarkets #35 out of 62 brokers in this category, demonstrating their competitiveness and reliability as trading service providers. Each broker presents a solid package of features tailored to different trading preferences and strategies.
| Feature |
Questrade
|
easyMarkets
|
|---|---|---|
| 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 | 15 |
| Charting - Drawing Tools (Total) | 20 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 52 | 8 |
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When it comes to mobile trading apps, both Questrade and easyMarkets offer applications compatible with iPhone and Android devices, ensuring accessibility for users regardless of their device preference. Both platforms provide the ability to sync watchlist symbols between the app and the online account, making it convenient to have a seamless trading experience across devices. While both apps allow users to draw trendlines and view charts across multiple time frames, they differ in specific functionalities. Questrade excels with its stock and forex price alerts and auto-saving chart drawings, while easyMarkets lacks these features. However, easyMarkets leads with 81 technical studies available for charting, compared to Questrade's 64.
Despite their differences, both trading apps stand equally strong with a rating of 4 stars for mobile trading. However, ForexBrokers.com rankings place easyMarkets slightly ahead of Questrade, with positions of 29 and 34 out of 62 brokers, respectively. Both apps offer the ability to create watchlists with real-time quotes, ensuring users stay updated with market movements. In conclusion, while Questrade and easyMarkets both provide reliable mobile trading apps, your choice may depend on the specific features you prioritize, such as the availability of price alerts and the number of technical studies.
| Feature |
Questrade
|
easyMarkets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 64 | 81 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings between Questrade and easyMarkets, each broker has its own strengths and weaknesses. easyMarkets stands out with its daily market commentary and access to forex news from top-tier sources like Bloomberg and Reuters, providing valuable insights for traders. Additionally, easyMarkets offers a sentiment-based trading tool, which reveals the ratio of long or short positions across various instruments, making it easier for traders to gauge market sentiment. However, Questrade compensates with its access to Autochartist's technical analysis tools and market research from TipRanks, which are not available with easyMarkets. Both platforms do provide an economic calendar displaying upcoming global events, helping traders make informed decisions.
While both Questrade and easyMarkets share the same 3.5-star rating for research, easyMarkets is slightly better ranked at #43 out of 62 brokers as per ForexBrokers.com compared to Questrade’s ranking of #51. This suggests that easyMarkets might have a slight edge in delivering more tailored research tools and insights, although users of Questrade could benefit from advanced technical analysis tools. Traders should consider their specific needs in market insights when choosing between these two brokers.
| Feature |
Questrade
|
easyMarkets
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing Questrade and easyMarkets for educational resources aimed at beginners, both brokers offer a range of materials to kickstart learning. Both platforms provide over 10 educational pieces focused on forex or CFDs, which include articles, videos, and archived webinars. However, easyMarkets steps ahead with online educational webinars available monthly, catering to learners who prefer live sessions. Questrade does not offer this feature but compensates with a searchable archive of past webinars, just like easyMarkets, allowing users to catch up at their convenience. Moreover, both brokers support beginners with educational videos tailored to their needs.
For more advanced traders, easyMarkets offers over 10 specialized videos, whereas Questrade does not quite match up in this department. Additionally, easyMarkets presents an investor dictionary containing more than 50 investing terms, a resource not available with Questrade. Despite these differences, both brokers achieve a 3.5-star rating for education. Questrade is ranked slightly higher at #36 compared to easyMarkets' #39 by ForexBrokers.com among 62 brokers, highlighting their commitment to providing foundational trading knowledge with slight variations in offerings.
| Feature |
Questrade
|
easyMarkets
|
|---|---|---|
| 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 | Yes |
| Investor Dictionary (Glossary) | No | Yes |
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 easyMarkets. Questrade finished with an overall rank of #32, while easyMarkets finished with an overall rank of #43.
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
|
easyMarkets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 86 | 84 |
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Both Questrade and easyMarkets do not provide the option to purchase actual delivered cryptocurrency, but they do offer the capability to trade cryptocurrency derivatives.
When comparing online brokers Questrade and easyMarkets, it's noteworthy that while both platforms support Visa, Mastercard, and bank wire transfers for account funding and withdrawals, only easyMarkets offers ACH, SEPA, and Skrill options, setting it apart for those seeking diverse transaction methods.
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 | easyMarkets | |
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| Trust Score | 86 | 84 | |
| Winner | check_circle | ||
| Review | Questrade Review | easyMarkets Review |
| Broker Screenshots | Questrade | easyMarkets | |
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| Regulation | Questrade | easyMarkets | |
|---|---|---|---|
| Trust Score | 86 | 84 | |
| Year Founded | 2000 | 2001 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 2 |
| Tier-1 Licenses (Highly Trusted) | Questrade | easyMarkets | |
|---|---|---|---|
| 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 | Yes |
| Tier-2 Licenses (Trusted) | Questrade | easyMarkets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Questrade | easyMarkets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 641 | 230 | |
| Forex Pairs (Total) | 110 | 63 | |
| 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 | easyMarkets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 0.8 | |
| All-in Cost EUR/USD - Active | N/A | 0.8 | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | No | Yes |
| Funding | Questrade | easyMarkets | |
|---|---|---|---|
| Minimum Deposit | $250 | $25 | |
| 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 | easyMarkets | |
|---|---|---|---|
| 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 | easyMarkets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 52 | 8 | |
| Charting - Indicators / Studies (Total) | 64 | 15 | |
| Charting - Drawing Tools (Total) | 20 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Questrade | easyMarkets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 64 | 81 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Questrade | easyMarkets | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Questrade | easyMarkets | |
|---|---|---|---|
| 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 | Yes | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | Questrade | easyMarkets | |
|---|---|---|---|
| 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 | easyMarkets Review |
| Overall | Questrade | easyMarkets | |
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| Trust Score | 86 | 84 | |
| Winner | check_circle | ||
| Review | Questrade Review | easyMarkets Review |
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