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Reviewed broker: Questrade

Established in 1999

Location: Canada

Regulation: Investment Industry Regulatory Organization of Canada IIROC, CIPF

USA clients: not allowed

Trading account and conditions

Minimum deposit requirement: $1,000

Account types: Margin, TFSA and registered, FX and CFDs, Managed

TAX-FREE SAVINGS ACCOUNT

  • Save for short- or long-term goals
  • Enjoy tax-free growth
  • Get easy access to your money
  • Pay no annual fees

Keep every dollar you earn in your TFSA. Invest your money without paying taxes on your interest, dividends or capital gains.

REGISTERED RETIREMENT SAVINGS PLAN

  • Save for retirement goals
  • Enjoy tax deductions on yearly contributions
  • Set up regular contributions
  • Pay no annual fees

Enjoy lower income taxes with RRSP contributions. Grow your investments tax-deferred until withdrawal.

INDIVIDUAL MARGIN ACCOUNTS

  • Invest with flexibility and convenience
  • Get extra buying power
  • React quickly to market opportunities
  • Place advanced order types

Steer your investments exactly how you like. Use your assets and investments as leverage for new and bigger opportunities.

REGISTERED EDUCATION SAVINGS PLAN

  • Enjoy free government grants
  • Extra incentives for lower income earners
  • Flexible beneficiary rules
  • Withdraw at beneficiaries tax bracket

Set your child (or beneficiary) up for success. Build a Questrade RESP account and start a growing investment.

Demo account: yes

Currency pairs: 40+

Spreads: start from 1.7 pips

Spread types: fixed

Payment options:  Online banking, Wire transfer, check, stock certificate, money order

Educational resources: yes. Online Trading Academy forex classes and the ForexCharts by eSignal service

Trading platforms: Questrade Trading, Questrade app, Questrade IQ Edge®

Questrade Trading

TRADING FOR ALL

Use this web-based platform to easily and securely make trades, manage your account, check your performance and research stocks.

  • Integrated with your account
  • Intuitive and secure trading
  • Quick symbol lookup with news and analyses

Questrade app

TRADE ANYWHERE, ANYTIME

Never miss an investing opportunity with our simple yet powerful app that lets you search and trade in just a few taps

  • Integrated with your account
  • Fast and powerful executions
  • Multi-leg options trading

Questrade IQ Edge®

ADVANCED TRADING

The fast and simple way to trade like a pro. Built-in features in this downloadable desktop platform help you trade smart.

  • Fully customizable trading environment
  • Advanced order types (bracket, conditional, multi-leg options)
  • Loaded with advanced tools and features

API trading: available

Scalping: allowed

Hedging: allowed

Promotion: $50 commission rebate

Customer support: email, phone

Reasons to Trade with Canadian Questrade Broker

Invest on your own time

  • Set up an account in minutes
  • Fast, easy-to-use mobile and web apps

Great for new investors

  • Start small and try it out
  • Get a pre-built portfolio

Lower fees for better returns

  • Every dollar saved compounds over time
  • Monitor performance online anytime

You’re protected and secure

  • We’re regulated like the bank’s brokerages
  • Additional $10 million private insurance

How was the rating of Questrade performed compared to other brokers? 

This 2019 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Questrade FX broker performance and features. 

Overall our online Questrade review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Questrade or you find inaccurate details Questrade broker review please get in touch with us and the changes will be applied.  

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