Written by ForexBrokers.com
In this head to head comparison of FxPro 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.
FxPro and Questrade are online brokers with different histories and oversight. FxPro, founded in 2006, is not publicly traded and is a bank; Questrade, founded in 2000, is also not publicly traded and is not a bank. According to ForexBrokers.com, FxPro holds a Trust Score of 93 out of 99 (90–99 = highly trusted), while Questrade scores 85 (80–89 = trusted).
Regulation also varies. FxPro holds 2 Tier-1 licenses (highly trusted) and 1 Tier-2 license (trusted). Questrade holds 1 Tier-1 license and no Tier-2 licenses. These credentials show how each firm is supervised, helping you gauge safety and oversight when choosing between FxPro and Questrade.
| Feature |
FxPro
|
Questrade
|
|---|---|---|
| Year Founded | 2006 | 2000 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
In a commissions and fees comparison, FxPro comes out ahead of Questrade overall. FxPro is rated 4 out of 5 stars and ranks #29 out of 36 brokers for commissions and fees. Its pricing is still above the industry average, but its cTrader account offers some of its best value, with an effective EUR/USD cost of about 1.27 pips after commission. On MT4 and MT5, FxPro uses variable spreads, with EUR/USD pricing generally ranging from about 1.51 to 1.71 pips depending on execution type. FxPro also offers an Active Trader program through its Elite account, with discounts of up to 30%, which can help lower costs for frequent traders.
Questrade is rated 3.5 out of 5 stars and ranks #33 out of 36 brokers in the same category. Instead of charging a separate forex commission, Questrade builds trading costs into the spread, with advertised spreads as low as 0.8 pips under normal market conditions. In practice, though, major pairs can be closer to 2.1 to 2.5 pips, which can make trading more expensive than it first appears. For CFDs, Questrade adds a $9.95 USD fee per trade unit on top of the spread, so costs can rise quickly, especially for short-term trading.
For traders focused on lower everyday trading costs, FxPro generally looks more competitive than Questrade, especially on its cTrader pricing. Questrade’s simple spread-based model may be easy to understand, but its wider spreads and extra CFD fees can make it pricier in real-world use. If keeping commissions and fees down is a top goal, FxPro has the stronger overall edge in this comparison.
| Feature |
FxPro
|
Questrade
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average spread (EUR/USD) - Standard account | 1.6 | 0.8 or higher |
| All-in Cost EUR/USD - Active | 1.3 | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
FxPro and Questrade both let you trade forex as CFDs or spot contracts, but they differ a lot in what else they offer. FxPro provides access to 2,249 tradeable symbols, 70 forex pairs, copy trading, and cryptocurrency CFDs, plus exchange-traded securities on international markets. Questrade offers 675 tradeable symbols and a larger list of 110 forex pairs, but it does not support international exchange-traded securities, copy trading, or crypto CFDs. Neither broker lets you buy actual cryptocurrency or U.S.-listed shares as direct exchange-traded securities.
For range of investments, Questrade gets the edge overall, with a 5-star rating and a ForexBrokers.com ranking of #12 out of 36 brokers, compared with FxPro’s 4 stars and #24 ranking. In simple terms, Questrade is the better pick if you want a wider forex pair list and a stronger overall range score, while FxPro stands out for a larger total symbol count, international share access, copy trading, and crypto CFD trading.
| Feature |
FxPro
|
Questrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2249 | 675 |
| Forex Pairs (Total) | 70 | 110 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | Yes | 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.
FxPro and Questrade both give traders a wide range of platform choices, including a free demo account, a proprietary platform, a Windows desktop app, and a web-based trading platform. Each also lets users trade directly from a stock chart, which is helpful for placing orders quickly while reviewing price action. Both brokers earn 4 out of 5 stars for trading platforms and tools, showing that each offers a solid overall experience for everyday traders.
The biggest differences come down to extra trading features. FxPro stands out by offering copy trading plus support for MetaTrader 4 and MetaTrader 5, which may appeal to active forex traders who want more charting and automation options. Questrade does not offer copy trading, MT4, or MT5. In ForexBrokers.com’s rankings, FxPro places higher in this category at #18 out of 36 brokers, while Questrade ranks #28 out of 36.
| Feature |
FxPro
|
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) | 53 | 64 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FxPro and Questrade both make it easy to trade on the go with mobile apps for iPhone and Android. Each app includes price alerts, watchlist syncing between mobile and web accounts, trendline drawing on charts, and auto-saving for chart drawings. In terms of chart tools, FxPro offers 65 technical studies in its mobile app, while Questrade offers 64, so the difference is small.
Where FxPro stands out more clearly is in user ratings and ranking. FxPro earns 4.5 out of 5 stars for mobile trading apps and is ranked #15 out of 36 brokers by ForexBrokers.com, compared with Questrade’s 3.5-star rating and #28 ranking. For traders who want a more highly rated mobile trading experience, FxPro has the edge, while both brokers still cover the main app features most users expect.
| Feature |
FxPro
|
Questrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 65 | 64 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
FxPro comes out ahead of Questrade for market research overall, with a 4-star research rating versus Questrade’s 3.5 stars and a stronger ForexBrokers.com ranking at #23 out of 36 brokers, compared with Questrade at #34. FxPro also offers daily market commentary, forex news from top sources like Bloomberg, Reuters, and Dow Jones, a sentiment tool that shows long and short position ratios, and an economic calendar for tracking global events. It also includes Trading Central tools for technical and fundamental analysis.
Questrade has some useful research features of its own, including Autochartist, Trading Central tools, and TipRanks market research, but it does not offer daily market commentary, top-tier forex news, sentiment data, or an economic calendar. For traders who want more built-in market updates and broader news coverage, FxPro has the edge, while Questrade may appeal to those who value Autochartist and TipRanks in their research setup.
| Feature |
FxPro
|
Questrade
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | 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 support, FxPro has a clear edge over Questrade. FxPro offers at least 10 beginner-focused trading videos, earns a 4-star Education rating, and ranks #17 out of 36 brokers for Education on ForexBrokers.com. While it does not offer monthly educational webinars, it still provides more learning material aimed at new traders than Questrade does.
Questrade also gives beginners some educational content, but it falls short in a few key areas. It does not offer at least 10 beginner trading videos, has no monthly educational webinars, and ranks lower at #28 out of 36 brokers with a 3.5-star Education rating. For forex or CFD-specific learning, neither broker appears to meet the standard of offering at least 10 dedicated educational pieces on those topics, so FxPro is the stronger choice overall for beginner education.
| Feature |
FxPro
|
Questrade
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FxPro is better than Questrade. FxPro finished with an overall rank of #20, while Questrade finished with an overall rank of #29.
FxPro competes among the top MetaTrader brokers, featuring multiple account options and various execution methods. It provides its own proprietary FxPro Edge app alongside access to the BnkPro app (which isn’t yet available in all regions).
| Feature |
FxPro
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Questrade
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 85 |
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FxPro vs Questrade: neither online broker supports buying actual (delivered) cryptocurrency, but FxPro offers cryptocurrency CFD trading while Questrade does not.
Comparing deposit and withdrawal methods, FxPro supports ACH/SEPA transfers, PayPal, Skrill, and bank wires, while Questrade offers bank wires only, with Visa/Mastercard availability not specified for either broker.
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 | FxPro | Questrade | |
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| Trust Score | 93 | 85 | |
| Winner | check_circle | ||
| Review | FxPro Review | Questrade Review |
| Broker Screenshots | FxPro | Questrade | |
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| Broker Gallery (click to expand) |
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| Regulation | FxPro | Questrade | |
|---|---|---|---|
| Trust Score | 93 | 85 | |
| Year Founded | 2006 | 2000 | |
| Publicly Traded (Listed) | No | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | FxPro | Questrade | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | ||
| Canada (CIRO Authorised) | No | Yes | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | 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) | FxPro | Questrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | FxPro | Questrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2249 | 675 | |
| Forex Pairs (Total) | 70 | 110 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | Yes | 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 | FxPro | Questrade | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.6 | 0.8 or higher | |
| All-in Cost EUR/USD - Active | 1.3 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | No |
| Funding | FxPro | 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 | Yes | No |
| Trading Platforms | FxPro | 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 | Yes | No |
| Trading Tools | FxPro | Questrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 53 | 64 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FxPro | 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 | 65 | 64 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | FxPro | Questrade | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | 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 | FxPro | Questrade | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No |
| Major Forex Pairs | FxPro | Questrade | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | FxPro Review | Questrade Review |
| Overall | FxPro | Questrade | |
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| Trust Score | 93 | 85 | |
| Winner | check_circle | ||
| Review | FxPro Review | Questrade Review |
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