Written by ForexBrokers.com
In this head to head comparison of Questrade vs Markets4you, 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 Markets4you offer online brokerage services, but differ significantly in terms of trust and regulatory standing. Founded in 2000, Questrade has built a reputation as a trusted broker, earning a Trust Score of 86 out of 99 from ForexBrokers.com. It holds two Tier-1 licenses, which are highly trusted in the industry, making it a reliable choice for those seeking to invest with confidence. Though not a bank or publicly traded, Questrade’s regulatory credentials establish it as a secure option for traders.
In contrast, Markets4you, established in 2007, exhibits a higher risk profile with a Trust Score of 61. Lacking both Tier-1 and Tier-2 licenses, Markets4you is considered high risk by industry standards, which is critical information for potential clients evaluating their options. Like Questrade, Markets4you is neither a bank nor a publicly traded company, but the absence of strong regulatory backing may raise concerns for investors prioritizing peace of mind and security. Overall, Questrade's higher trust ratings and regulatory accolades offer a more secure investment environment compared to Markets4you.
| Feature |
Questrade
|
Markets4you
|
|---|---|---|
| Year Founded | 2000 | 2007 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 0 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
When weighing commissions and fees, Questrade offers a target spread of 1.9 pips on the popular EUR/USD currency pair. Although this spread might appear steep compared to the industry average, the broker maintains a competitive edge in other aspects of trading. Despite these trade-offs, Questrade has earned a 3-star rating in the Commissions and Fees category but stands at a lower position, ranked 57th out of 62 brokers by ForexBrokers.com.
On the other hand, Markets4you does not provide average spread data, which could limit a trader's ability to make direct comparisons. However, it slightly surpasses Questrade with a 3.5-star rating for commissions and fees. Markets4you’s standing is somewhat better, coming in at 53rd position out of 62 brokers, indicating a somewhat smoother fee structure in relation to its peers.
Overall, while both Questrade and Markets4you receive middle-of-the-road ratings in terms of commissions and fees, Markets4you edges out slightly ahead in the rankings. This slight advantage might sway those looking for potentially more favorable trading costs, keeping in mind the lack of detailed spread data available from Markets4you.
| Feature |
Questrade
|
Markets4you
|
|---|---|---|
| Minimum Deposit | $250 | $0 |
| 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 | No |
| 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 it comes to the range of investments, Questrade clearly stands out as a more versatile option compared to Markets4you. Questrade offers a substantial 641 tradeable symbols, while Markets4you provides 150. For those interested in forex trading, Questrade's selection includes 110 tradeable forex pairs, significantly outpacing Markets4you's 43 pairs. Additionally, Questrade enables clients to invest in exchange-traded securities on both U.S. and international exchanges, allowing customers to buy shares of companies like Apple and Vodafone. Markets4you, on the other hand, does not offer these options, limiting international investments to CFDs.
Both Questrade and Markets4you offer forex trading as both CFDs and spot contracts, as well as cryptocurrency derivatives. However, neither brokerage offers the purchase of actual cryptocurrencies. A unique feature of Markets4you is its copy trading capability, allowing less experienced investors to mimic the trades of expert traders—a service not available with Questrade. In terms of rankings and reviews, Questrade receives a full five-star rating for its range of investments and ranks 11th out of 62 brokers, whereas Markets4you receives a rating of 3.5 stars and ranks 58th, reflecting its more limited offering.
| Feature |
Questrade
|
Markets4you
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 641 | 150 |
| Forex Pairs (Total) | 110 | 43 |
| 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 Questrade and Markets4you's trading platforms and tools, both brokers provide a broad range of options for traders, but their offerings have unique highlights. Questrade and Markets4you both offer simulated trading with free virtual demo accounts, which is excellent for beginners. They each have developed their own proprietary platforms and provide a Windows-based desktop download platform alongside web-based trading. However, Questrade does not support MetaTrader 4 (MT4) or MetaTrader 5 (MT5), while Markets4you offers both, making it a suitable choice for those who prefer these widely-used platforms. Questrade also supports DupliTrade for those interested in automated trading, whereas Markets4you does not offer this feature, though it does have copy trading, which Questrade lacks.
Regarding charting tools, Questrade offers 20 drawing tools compared to Markets4you's 15. Both allow traders to execute trades directly from charts, enhancing efficiency. Questrade provides a more detailed watch list with 52 columns compared to Markets4you's 7, appealing to traders who appreciate granular data. According to ForexBrokers.com, Questrade ranks higher at 34th place among 62 brokers for their trading platforms and tools, slightly beating Markets4you, which is ranked 52nd. Both platforms receive a respectable rating of 4 stars out of 5 for their trading tools, reflecting their satisfactory performance in the field.
| Feature |
Questrade
|
Markets4you
|
|---|---|---|
| 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 | 30 |
| 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 comparing the mobile trading experiences offered by Questrade and Markets4you, both platforms provide apps for iPhone and Android users, catering to a broad user base. Both apps allow users to set alerts for stock and forex prices, create watchlists with real-time quotes, and draw trendlines on charts with multiple time frames. However, a significant advantage of Questrade is its watchlist symbol syncing, which ensures that changes made either on the mobile app or the user's online account stay synchronized. This feature is not available with Markets4you, which may be a drawback for some users.
Questrade stands out in the charting department with 64 technical studies available on its mobile app, more than double the 30 offered by Markets4you. Despite both apps having the ability to auto-save chart drawings, the broader range of technical studies can provide a more comprehensive analysis experience on Questrade. Both platforms have earned a respectable four-star rating for their mobile apps, suggesting a quality user experience overall. Yet, in a market comparison by ForexBrokers.com, Questrade claims a better rank, positioned at #34 out of 62 brokers, while Markets4you is further down at #50.
| Feature |
Questrade
|
Markets4you
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 64 | 30 |
| 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.
In the realm of market research offerings, Questrade and Markets4you present varied options for traders seeking insights. Questrade provides tools from established companies like Autochartist and Trading Central, and it integrates market research from TipRanks. It also supports trader awareness with an economic calendar detailing global news events. However, it lacks in offering daily market commentary or forex news from leading sources like Bloomberg or Reuters, which limits immediate market insights. Despite its comprehensive toolset, Questrade lacks a sentiment-based trading tool. Its research services have earned it a 3.5-star rating, positioning it at 51 out of 62 brokers according to ForexBrokers.com rankings.
Conversely, Markets4you offers an edge in delivering daily market commentary and top-tier forex news that enhance real-time decision-making. Like Questrade, it utilizes tools from Autochartist and Trading Central, and features an extensive economic calendar to track significant financial events worldwide. However, unlike Questrade, it does not include market research from TipRanks. Moreover, Markets4you also does not offer sentiment tools or research tools from Acuity Trading. Matching Questrade's 3.5-star rating in research, Markets4you ranks slightly better at 47 in the ForexBrokers.com list, suggesting a slightly stronger position in the research landscape.
| Feature |
Questrade
|
Markets4you
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | Yes | Yes |
| Trading Central (Recognia) | Yes | Yes |
| 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 comparing Questrade and Markets4you for the educational resources available to beginners, both online brokers provide a good selection of forex and CFD educational materials, each having over ten pieces like articles and videos dedicated to these topics. However, when it comes to beginner-friendly educational videos, Questrade steps ahead with more than ten videos tailored specifically for newcomers in trading, while Markets4you falls short in this area. Additionally, both platforms maintain a searchable archive of recorded webinars, allowing users to access previous sessions for learning at their own pace. Yet, neither broker offers regular monthly educational webinars or advanced trading videos for experienced traders, indicating room for growth in their educational offerings.
While neither Questrade nor Markets4you provide an investor dictionary with a comprehensive set of over fifty investing terms, both platforms offer fairly rated educational experiences, each earning a 3.5-star rating. Despite their similarities in rating, Markets4you holds a stronger position in the educational rankings from ForexBrokers.com, securing the 25th spot compared to Questrade’s 36th place among 62 brokers. This suggests that while both brokers cater well to beginners, Markets4you might have a slight edge overall in educational services according to industry rankings, though Questrade's focus on beginner-level content might be more favorable for newcomers seeking to strengthen their foundational knowledge.
| Feature |
Questrade
|
Markets4you
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | Yes |
| 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 Markets4you. Questrade finished with an overall rank of #32, while Markets4you finished with an overall rank of #55.
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
|
Markets4you
|
|---|---|---|
| Overall Rating |
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| Trust Score | 86 | 61 |
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Both Questrade and Markets4you do not provide the option to purchase actual (delivered) cryptocurrency, but they each offer the ability to buy cryptocurrency derivatives.
Neither Questrade nor Markets4you provide ACH or SEPA transfers, nor PayPal options for depositing or withdrawing funds, but both support Visa or Mastercard and bank wires, with Markets4you additionally offering Skrill as a payment method.
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 | Markets4you | |
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| Trust Score | 86 | 61 | |
| Winner | check_circle | ||
| Review | Questrade Review |
| Broker Screenshots | Questrade | Markets4you | |
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| Regulation | Questrade | Markets4you | |
|---|---|---|---|
| Trust Score | 86 | 61 | |
| Year Founded | 2000 | 2007 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 2 | 0 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Questrade | Markets4you | |
|---|---|---|---|
| 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 | No |
| Tier-2 Licenses (Trusted) | Questrade | Markets4you | |
|---|---|---|---|
| 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 | Markets4you | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 641 | 150 | |
| Forex Pairs (Total) | 110 | 43 | |
| 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 | Markets4you | |
|---|---|---|---|
| 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 | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | No | Yes |
| Funding | Questrade | Markets4you | |
|---|---|---|---|
| Minimum Deposit | $250 | $0 | |
| 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 | Markets4you | |
|---|---|---|---|
| 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 | Markets4you | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 52 | 7 | |
| Charting - Indicators / Studies (Total) | 64 | 30 | |
| Charting - Drawing Tools (Total) | 20 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Questrade | Markets4you | |
|---|---|---|---|
| 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 | 30 | |
| 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 | Markets4you | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | Yes | Yes | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Questrade | Markets4you | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | Questrade | Markets4you | |
|---|---|---|---|
| GBP/USD | Yes | No | |
| USD/JPY | Yes | No | |
| EUR/USD | Yes | No | |
| USD/CHF | Yes | No | |
| USD/CAD | Yes | No | |
| NZD/USD | Yes | No | |
| AUD/USD | Yes | No | |
| Review | Questrade Review |
| Overall | Questrade | Markets4you | |
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| Trust Score | 86 | 61 | |
| Winner | check_circle | ||
| Review | Questrade Review |
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