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TickmillQuestrade Review
Written by Steven Hatzakis
Edited by Jeff Anberg
Fact-checked by Joey Shadeck
Steven HatzakisSteven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. He is a forex industry expert and an active fintech and crypto researcher.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Questrade is a trusted full-service multi-asset broker that now offers forex and CFDs alongside its stock trading services for active and passive investors. Regulated by CIRO in Canada for stocks, forex, and CFDs and by the SEC in the U.S. for stock trading, Questrade has an impressive platform lineup – although the scope of its educational resources and in-house resources is limited.
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Minimum Deposit:
$250 -
Trust Score:
86 -
Tradeable Symbols (Total):
641
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Check out ForexBrokers.com's picks for the best forex brokers in 2025.
| 2025 | #32 |
Can I open an account with this broker?
Yes, based on your detected country of HK, you can open an account with this broker.
Questrade pros & cons
Pros
- Questrade Global platform is powered by Saxo for forex and CFDs.
- Supports API trading with both RESTful and low-level APIs.
- TipRanks, OptionsPlay, and Trading Central tools included.
Cons
- EUR/USD spreads at 1.9 pips are above average.
- TradingView is not available for forex trading.
- Demo access is limited to Questrade Global web version only.
My top takeaways for Questrade in 2025:
- In terms of educational content, Questrade offers several co-branded webinars, including advanced options with OptionsPlay, which I found to be of very high quality.
- Questrade doesn’t provide in-house research for daily technical or fundamental analysis content, besides content from its third-party providers.
- Questrade doesn’t offer a significant number of educational resources, in terms of articles, videos, and courses for beginner, intermediate, or advanced users.
If you are a Canadian resident already invested in the stock market but thinking of venturing into forex trading (or, maybe you have experience in the forex market and want to try stocks), Questrade could be a great choice for you. The Questrade Global trading platform combines proven technology from the developer with a white-labeled version of Saxo's platform suite to deliver a great package for traders and investors. Traders gain access to hundreds of CFDs and over one hundred forex pairs, and stock market traders are able to use Questrade’s two proprietary trading platforms.
Questrade for stock trading
More interested in trading stocks with Questrade? Check out the Questrade review over at StockBrokers.com to learn more about the broker's stock trading offering.
Trust Score
Developed by ForexBrokers.com and in use for nearly 10 years, Trust Score is a proprietary rating system powered by a range of unique quantitative and qualitative metrics, including each company’s number of regulatory licenses. Trust Scores range from 1 to 99 (the higher a broker’s rating, the better). Learn more.
Is Questrade safe?
Questrade is considered Trusted, with an overall Trust Score of 86 out of 99. Questrade is not publicly traded and does not operate a bank, but is authorised by two Tier-1 regulators (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulator (Average Risk), and zero Tier-4 regulators (High Risk). Questrade is authorised by the following Tier-1 regulators: Canadian Investment Regulatory Organization (CIRO).
| Feature |
 Questrade
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|---|---|
| Year Founded | 2000 |
| Publicly Traded (Listed) | No |
| Bank | No |
| Tier-1 Licenses | 2 |
| Tier-2 Licenses | 0 |
| Tier-3 Licenses | 0 |
| Tier-4 Licenses | 0 |
Questrade's Star Ratings
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Questrade
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| Overall Rating |
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| Trust Score | 86 |
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Our testing
Why you should trust us
Steven Hatzakis is a well-known finance writer, with 25+ years of experience in the foreign exchange and financial markets. He is the Global Director of Online Broker Research for Reink Media Group, leading research efforts for ForexBrokers.com since 2016. Steven is an expert writer and researcher who has published over 1,000 articles covering the foreign exchange markets and cryptocurrency industries. He has served as a registered commodity futures representative for domestic and internationally-regulated brokerages. Steven holds a Series III license in the US as a Commodity Trading Advisor (CTA).
All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.
Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors with quality data they can trust. Click here to learn more about how we test.
How we tested
At ForexBrokers.com, our online broker reviews are based on our collected quantitative data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).
Mobile testing is conducted on modern devices that run the most up-to-date operating systems available:
- For Apple, we use MacBook Pro laptops running macOS 15.3, and the iPhone XS running iOS 18.3.
- For Android, we use the Samsung Galaxy S20 and Samsung Galaxy S23 Ultra devices running Android OS 15.
All websites and web-based platforms are tested using the latest version of the Google Chrome browser.
Our researchers thoroughly test a wide range of key features, such as the availability and quality of watch lists, mobile charting, real-time and streaming quotes, and educational resources – among other important variables. We also evaluate the overall design of the mobile experience, and look for a fluid user experience moving between mobile and desktop platforms.
Forex Risk Disclaimer
There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Read more on forex trading risks.
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About Questrade
Founded in 2000, Questrade, part of Questrade Financial Group, is a Canada-based brokerage with 30 billion in assets under its administration. Questrade is primarily a stock brokerage offering full service brokerage products, including wealth management services, but recently enhanced its product offering to include forex and CFDs as additional asset classes and instrument types. To learn more about the experience of using Questrade for stock brokerage services, check out the Questrade review on our sister site, StockBrokers.com.
About the Editorial Team
Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).
Jeff Anberg is a Senior Editor at ForexBrokers.com. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University.
Joey Shadeck is a Content Strategist and Research Analyst for ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.