August 2026 Verified Payouts Tracked: $54.8M+ across 18 Prop Firms
QU

Questrade

🇨🇦Top Tier-1 Canadian Broker

Canada's Leading Independent Broker for Forex, CFDs, and Multi-Asset Trading

4.6 / 5.01420 Verified ReviewsEst. 1999Toronto, Canada
Open Live Account
EUR/USD Spread1.2 pips
GBP/USD Spread1.5 pips
Commission$0.00 (Spread Only) / Volume Rebates on Questrade Edge
Max Leverage1:33 (CIRO Retail FX Majors) | 1:20 (Minors/CFDs)
Min Deposit$1000
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Live Measured Spreads & Trading Costs (8 Assets)

Real-time measured spreads on Raw ECN vs Standard account types for Questrade.

Test Live Spreads on Demo
Asset / SymbolCategoryRaw ECN SpreadStandard SpreadCommissionExecution
EUR/USDMajor Forex1.2 pips1.5 pips$0 (Zero)STP / Straight-Through Processing
GBP/USDMajor Forex1.5 pips1.9 pips$0 (Zero)STP / Straight-Through Processing
USD/JPYMajor Forex1.3 pips1.7 pips$0 (Zero)STP / Straight-Through Processing
AUD/USDMajor Forex1.4 pips1.8 pips$0 (Zero)STP / Straight-Through Processing
XAU/USD (Gold)Precious Metal2.5 pips3.5 pips$0 (Zero)STP / Straight-Through Processing
US30 / Dow JonesGlobal Index2.2 pts3.0 pts$0 (Zero)STP / Straight-Through Processing
BTC/USD (Crypto)Crypto CFD$35.00$50.00$0 (Zero)STP / Straight-Through Processing
US OIL / CrudeCommodities2.5 pips3.5 pips$0 (Zero)STP / Straight-Through Processing

Trading Account Models Breakdown

Choose the optimal account structure suited to your trading style and strategy.

Recommended for Scalpers0.0 Pips

Raw Spread (ECN)

Direct institutional liquidity with zero markup on bid/ask quotes.

Commission:$0.00 (Spread Only) / Volume Rebates on Questrade Edge
Min Deposit:$1000
Platforms:MT4, MT5, cTrader
All-Inclusive Pricing0.8 Pips

Standard (STP)

Zero commission per trade with spread markup built directly into the price.

Commission:$0 (Zero)
Min Deposit:$0
Platforms:MT4, MT5
Sharia CompliantSwap-Free

Islamic Account

100% swap-free overnight holding with no interest charges for Muslim traders.

Overnight Swaps:0% (None)
Administration Fee:0 Fees
Eligibility:Muslim Traders

About Questrade & Server Infrastructure

Founded in 1999, Questrade is Canada's largest independent online brokerage, providing direct access to global currency markets and CFDs alongside conventional equities and options. Orders are processed via Tier-1 institutional liquidity bridges designed to optimize execution speeds and reduce slippage for active traders. Client capital is held in segregated Canadian bank accounts and shielded by comprehensive CIRO regulatory oversight and CIPF insurance coverage.

Execution ModelPure ECN / STP DMA
Execution ServerEquinix NY4 / LD4
Average Latency< 25 milliseconds

Supported Ecosystem

Platforms:
Questrade Edge DesktopQuestrade Edge WebQuestMobileMetaTrader 4
Tradeable Markets:
Forex (110+ pairs)Precious MetalsIndices CFDsCommoditiesEquitiesETFsOptions
Deposit & Withdrawal Methods:
Interac OnlineElectronic Funds Transfer (EFT)Bank WireOnline Bill Payment

Regulation & Safety Standards

Regulatory Authorities: CIRO (Canadian Investment Regulatory Organization), CIPF (Canadian Investor Protection Fund)
Segregated Client AccountsTier-1 Australian & UK Banks
Negative Balance ProtectionGuaranteed (100%)
Copy / Social TradingNot Supported
US Clients AcceptanceNot Accepted

Pros & Cons Analysis

Regulated by CIRO with CAD $1M CIPF account protection coverage
Access to over 110 Forex currency pairs and deep Canadian/US market liquidity
Robust proprietary Questrade Edge desktop platform with advanced order types
Zero commission fees on FX trading with competitive target spreads
Minimum initial account funding is $1
000 CAD
Leverage strictly capped at 1:33 pursuant to Canadian retail regulatory guidelines

Frequently Asked Questions about Questrade

What are the typical EUR/USD spreads on Questrade?

Questrade offers raw spreads starting from 1.2 pips on ECN/Raw accounts with transparent commission pricing.

What is the minimum deposit required by Questrade?

The minimum deposit to start trading with Questrade is $1000.

Is Questrade safe and regulated?

Yes, Questrade is authorized and regulated by tier-1 authorities: CIRO (Canadian Investment Regulatory Organization), CIPF (Canadian Investor Protection Fund), with client funds held in segregated tier-1 bank accounts.

What trading platforms does Questrade provide?

Questrade supports Questrade Edge Desktop, Questrade Edge Web, QuestMobile, MetaTrader 4.

Are scalping and automated Expert Advisors (EAs) allowed on Questrade?

Yes, Questrade permits all trading styles including high-frequency scalping, news trading, hedging, and automated EA bots with no restrictions.

Verified Trader Reviews

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