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Swissquote vs Questrade 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of Swissquote vs Questrade, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Swissquote
4.5/5 Stars Overall
  • Minimum Deposit: $1000
  • Trust Score: 99
  • Tradeable Symbols (Total): 472
Questrade
4/5 Stars Overall
  • Minimum Deposit: $250
  • Trust Score: 86
  • Tradeable Symbols (Total): 641

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.

Regulation

Swissquote and Questrade are popular online brokers, each offering unique features and trustworthiness. Established in 1996, Swissquote has earned a reputation as a highly trusted broker with a ForexBrokers.com Trust Score of 99, placing it in their most trusted category. Notably, Swissquote is a publicly traded company and operates as a bank. Enhancing its credibility, Swissquote holds five Tier-1 licenses and two Tier-2 licenses, both indicators of strong trust as per ForexBrokers.com's evaluation.

On the other hand, Questrade, founded in 2000, holds a Trust Score of 86, classifying it as trusted. Although not a publicly traded company or a bank like Swissquote, Questrade maintains a solid reputation in the industry with two Tier-1 licenses. This comparison highlights Swissquote's prominence as a highly trusted broker, while Questrade remains a well-regarded choice for many investors seeking reliability in their trading partners.

Feature Swissquote logoSwissquote
Questrade logoQuestrade
Year Founded info 1996 2000
Publicly Traded (Listed) info Yes No
Bank info Yes No
Tier-1 Licenses info 5 2
Tier-2 Licenses info 2 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 0

Fees

When comparing online brokers Swissquote and Questrade in terms of commissions and fees, both may not be the cheapest options on the market, but each offers different features depending on your trading preferences. Swissquote, a Swiss banking entity, provides a range of accounts across its U.K., Luxembourg, and Swiss branches. The U.K. entity usually has lower costs and fewer deposit requirements. However, even among its options like the Elite and Standard accounts, Swissquote's offer of spreads starting from 0.6 to 1.7 pips doesn't quite reach the low-cost offerings some traders seek. In the rankings, Swissquote is placed at #52 with a rating of 3.5 stars out of 5.

In contrast, Questrade’s pricing structure isn’t particularly favorable for those sensitive to costs, with target spreads on EUR/USD hitting 1.9 pips. This figure is relatively steep when compared to the industry average, indicating that Questrade might better appeal to those who prioritize other aspects of trading. As per ratings, Questrade earns a 3-star rating and is ranked #57 among 62 brokers in the Commissions and Fees category, suggesting that cost-conscious traders might find more competitive pricing elsewhere.

Feature Swissquote logoSwissquote
Questrade logoQuestrade
Minimum Deposit info $1000 $250
Average Spread EUR/USD - Standard info N/A info N/A
All-in Cost EUR/USD - Active info N/A info N/A
Active Trader or VIP Discounts info Yes No
ACH or SEPA Transfers info Yes No
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes No
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

When comparing the available range of investments between Swissquote and Questrade, both online brokers present competitive options, securing five-star ratings. Swissquote offers 472 tradeable symbols, while Questrade provides access to 641 symbols, including stocks and ETFs on both U.S. and international exchanges. Both brokers facilitate forex trading through CFDs or spot contracts, with Swissquote offering 80 forex pairs compared to Questrade's 110 forex pairs. Furthermore, both platforms allow for trading cryptocurrency derivatives, but only Swissquote lets customers buy actual cryptocurrencies. Swissquote also stands out by offering copy trading, a feature not available with Questrade.

Despite the similarities, the ranking by ForexBrokers.com highlights key differences here, placing Swissquote at an impressive second out of 62 platforms for its investment range, whereas Questrade is ranked eleventh. This distinction may be attributed to Swissquote's broader array of services, including its capacity for handling both direct and derivative cryptocurrency transactions, alongside its comprehensive tradeable options. In contrast, Questrade focuses more on delivering a wide selection of symbols but does not support direct cryptocurrency purchases or copy trading.

Feature Swissquote logoSwissquote
Questrade logoQuestrade
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 472 641
Forex Pairs (Total) info 80 110
U.S. Stock Trading (Non CFD) info Yes Yes
Int'l Stock Trading (Non CFD) info Yes Yes
Social Trading / Copy Trading info Yes No
Cryptocurrency (Physical) info Yes No
Cryptocurrency (Derivative) info 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.

Trading platforms and tools

Swissquote and Questrade both offer robust trading platforms and tools, catering to various types of traders, whether you're a beginner or experienced. Both brokers provide simulated trading through free virtual demo accounts, enabling users to practice and refine their strategies without financial risk. Each broker has developed proprietary platforms, ensuring tailored experiences for their clients. Furthermore, both Swissquote and Questrade offer Windows-based desktop applications and convenient web-based platforms, allowing for seamless trading regardless of your operating system preference.

When it comes to advanced features, Swissquote shines with offerings like the integration of MetaTrader 4 and 5, appealing to serious forex traders, while Questrade does not support these same platforms. However, Questrade includes DupliTrade, a tool favored by users interested in automating trades based on successful traders' strategies. Swissquote stands out in charting capabilities with 75 drawing tools compared to Questrade's 20, although Questrade compensates with 52 customizable watch list columns compared to Swissquote's 11. Despite Swissquote's broader toolset and a higher rating of 4.5 stars for Trading Platforms and Tools, making it rank 12th out of 62 brokers, Questrade's platform, ranked 34th, still garners a solid 4-star rating, making it a competitive choice for various trading needs.

Feature Swissquote logoSwissquote
Questrade logoQuestrade
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
DupliTrade info No Yes
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 86 64
Charting - Drawing Tools (Total) info 75 20
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 11 52
View More

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

When comparing the mobile trading apps of Swissquote and Questrade, both brokers offer robust solutions for iPhone and Android users. Price alerts for stocks and forex are available on both platforms, ensuring you stay updated on market movements. Swissquote, however, is rated slightly higher with 4.5 stars for mobile trading apps compared to Questrade's 4 stars, according to industry rankings. Additionally, ForexBrokers.com ranks Swissquote's app higher at #11 while Questrade sits at #34, indicating Swissquote's stronger reputation in this category.

For users interested in charting capabilities, Questrade provides a wider range of 64 technical studies compared to Swissquote's 30, giving traders more options in technical analysis. Both apps support trendline drawings and multiple time frame views, with features like auto-saving drawings adding to the convenience. While both platforms let you create watchlists with real-time quotes, only Questrade supports watchlist symbol syncing between the mobile app and the online account, adding a layer of convenience for users managing their portfolios across devices.

Feature Swissquote logoSwissquote
Questrade logoQuestrade
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info No Yes
Mobile Charting - Indicators / Studies info 30 64
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

When it comes to market research offerings, Swissquote and Questrade present distinct advantages for investors. Swissquote excels in providing a comprehensive range of daily market commentary and Forex news from renowned sources such as Bloomberg and Reuters, allowing users to stay well-informed on financial happenings. Additionally, Swissquote employs Autochartist for technical and fundamental analysis, offering tools for smarter trading decisions. Questrade, on the other hand, also uses Autochartist and strengthens its analytical capabilities with trading tools from Trading Central. While it lacks daily commentary and Forex news from the top-tier outlets, Questrade compensates by offering insights through its TipRanks partnership.

Both brokers include an economic calendar to keep traders informed of global events. Despite these similarities, Swissquote leads with a research rating of 4 out of 5 stars, ranked 16th by ForexBrokers.com, showing its superior resources and user experience in research compared to Questrade, which holds a research rating of 3.5 stars and is ranked 51st. Each broker delivers unique features tailored to different investor needs, though Swissquote's comprehensive offerings make it stand out for those prioritizing access to high-quality market data.

Feature Swissquote logoSwissquote
Questrade logoQuestrade
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes No
Autochartist info Yes Yes
Trading Central (Recognia) info No Yes
Social Sentiment - Currency Pairs info No No
TipRanks info No Yes
Signal Centre (Acuity Trading) info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When it comes to educational resources for beginners diving into the world of online trading, Swissquote and Questrade both provide a solid foundation in forex and CFDs education, offering more than 10 educational pieces each, spanning articles, videos, and archived webinars. Both platforms shine with their inviting beginner-friendly videos, delivering at least 10 tailored sessions to help newcomers grasp essential trading concepts. However, Swissquote distinguishes itself by hosting monthly online webinars and archiving past sessions, making it an ideal pick for those who prefer learning through interactive formats. While Questrade does offer archived webinars, it does not hold regular monthly sessions.

Swissquote further supports learners with an extensive investor dictionary, providing clear definitions for over 50 trading terms, whereas Questrade lacks this feature. For seasoned traders seeking advanced insights, Swissquote delivers with over 10 dedicated educational videos, a feature Questrade does not match. This comprehensive suite of educational tools earns Swissquote a slightly higher rating of 4 stars compared to Questrade’s 3.5 stars and places it at 21st in the education ranking of 62 brokers by ForexBrokers.com, while Questrade sits at 36th. These distinctions make Swissquote a more appealing choice for those prioritizing a broad educational offering in their trading journey.

Feature Swissquote logoSwissquote
Questrade logoQuestrade
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes No
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes No

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 62 of the best forex brokers, our research and account testing finds that Swissquote is better than Questrade. Swissquote finished with an overall rank of #11, while Questrade finished with an overall rank of #32.

Traders choose Swissquote for its quality research and vast multi-asset offering – as long as they are willing to pay a premium to have their brokerage account held with a Swiss bank.

Feature Swissquote logoSwissquote
Questrade logoQuestrade
Overall Rating info 4.5/5 Stars 4/5 Stars
Trust Score info 99 86
Range of Investments 5/5 Stars 5/5 Stars
Commissions & Fees 3.5/5 Stars 3/5 Stars
Platform & Tools 4.5/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Education 4/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with Swissquote or Questrade?

Swissquote stands out from Questrade by offering the ability to buy actual delivered cryptocurrency in addition to cryptocurrency derivatives, whereas Questrade only provides the option to trade cryptocurrency derivatives.

What funding options does each broker offer?

When comparing online brokers, Swissquote stands out with a broader range of deposit and withdrawal options, including ACH, SEPA, PayPal, Skrill, Visa, Mastercard, and bank wires, whereas Questrade offers Visa, Mastercard, and bank wires, but lacks ACH, SEPA, PayPal, and Skrill options.




announcementPlease 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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Compare

0 of 5
Overall Rating Swissquote Questrade
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 3.5/5 Stars 3/5 Stars
Range of Investments 5/5 Stars 5/5 Stars
Platform & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 99 86
Winner check_circle
Review Swissquote Review Questrade Review
Broker Screenshots Swissquote Questrade
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation Swissquote Questrade
Trust Score info 99 86
Year Founded info 1996 2000
Publicly Traded (Listed) info Yes No
Bank info Yes No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No
Tier-1 Licenses info 5 2
Tier-2 Licenses info 2 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 0
Tier-1 Licenses (Highly Trusted) Swissquote Questrade
Australia (ASIC Authorised) info No No
Canada (CIRO Authorised) info No Yes
Hong Kong (SFC Authorised) info Yes No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info Yes No
Switzerland (FINMA Authorised) info Yes No
United Kingdom (U.K.) (FCA Authorised) info Yes No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No
Tier-2 Licenses (Trusted) Swissquote Questrade
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA/Central Bank Authorised) info Yes No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments Swissquote Questrade
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 472 641
Forex Pairs (Total) info 80 110
U.S. Stock Trading (Non CFD) info Yes Yes
Int'l Stock Trading (Non CFD) info Yes Yes
Social Trading / Copy Trading info Yes No
Cryptocurrency (Physical) info Yes No
Cryptocurrency (Derivative) info 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 Swissquote Questrade
Average Spread EUR/USD - Standard info N/A info N/A
All-in Cost EUR/USD - Active info N/A info N/A
Active Trader or VIP Discounts info Yes No
Inactivity Fee info Yes No
Execution: Agency Broker info Yes Yes
Execution: Market Maker info Yes No
Funding Swissquote Questrade
Minimum Deposit info $1000 $250
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes No
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info Yes No
Trading Platforms Swissquote Questrade
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
cTrader info No No
DupliTrade info No Yes
ZuluTrade info No No
Trading Tools Swissquote Questrade
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 11 52
Charting - Indicators / Studies (Total) info 86 64
Charting - Drawing Tools (Total) info 75 20
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading Swissquote Questrade
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info No Yes
Mobile Charting - Indicators / Studies info 30 64
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Economic Calendar info Yes Yes
Research Swissquote Questrade
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes No
Autochartist info Yes Yes
Trading Central (Recognia) info No Yes
TipRanks info No Yes
Social Sentiment - Currency Pairs info No No
Economic Calendar info Yes Yes
Education Swissquote Questrade
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes No
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes No
Major Forex Pairs Swissquote Questrade
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review Swissquote Review Questrade Review
Overall Swissquote Questrade
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 3.5/5 Stars 3/5 Stars
Range of Investments 5/5 Stars 5/5 Stars
Platform & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 99 86
Winner check_circle
Review Swissquote Review Questrade Review
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