Questrade vs XTB
Questrade | XTB |
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3
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4.8
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Questrade is an award-winning Canadian investment platform offering self-directed and pre-built portfolios. Investors can access a suite of tax-free savings accounts, retirement plans, income funds and more. Regulated by CIRO, Questrade is an established broker, trusted by new and experienced investors. |
Founded in 2002 in Poland, XTB now serves more than 935,000 clients. The forex and CFD broker combines a heavily regulated trading environment with an extensive selection of 5,600+ assets and a commitment to trader satisfaction, featuring an intuitive in-house platform with superb tools to support aspiring day traders. |
78% of retail accounts lose money. | |
Customer Reviews | |
4.5
Based on 2 XTB customer reviews
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Bonus Offer | |
5 commission-free trades | |
Comment by Reviewer | |
"Questrade is a top pick for Canadian clients with both long-term and short-term investment goals. The firm boasts competitive fees and a range of tax-efficient savings accounts." | "XTB stands out as a top choice for new day traders with the terrific xStation platform, commission-free pricing, no minimum deposit, and excellent educational tools, many of which are seamlessly integrated into the platform. " |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Forex, CFDs, indices, shares, precious metals, mutual bonds, options, warrants, GICs, ETFs | CFDs, Forex, Stocks, Indices, Commodities, Crypto, ETFs |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$1000 | $0 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
CIRO | FCA, CySEC, KNF, CNMV, DFSA, FSC |
Margin Trading | |
No | Yes |
Margin Rate | |
4.5% | |
STP Account | |
No | Yes |
ECN Account | |
No | No |
DMA Account | |
No | Yes |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
No | Yes |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
No | Yes |
Mobile Apps | |
Yes | iOS & Android |
App Review | |
Year after year XTB’s app stands out for its slick design and uncluttered interface that we love. It’s quick, responsive and packed with useful features, notably integrated sentiment data, market news, economic calendars and education. The user-friendly order panel underneath the trading chart also makes placing trades, including adding take profit and stop loss levels, really straightforward. |
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Android App Rating | |
4.1 |
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iOS App Rating | |
4.7 |
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Auto Trading | |
Open API | |
Copy Trading | |
No | No |
Social Trading | |
No | No |
Trade Signals | |
Yes | Yes |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | Yes |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | Yes |
Inactivity Fee | |
$0 | |
Islamic Account | |
No | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
Trade a good range of CFDs on commodities, indices and more. Questrade offers advanced mobile and web trading platforms with top research features including Morningstar and Trading Central. | XTB offers a huge selection of more than 2,100 CFDs spanning forex, indices, commodities, stocks, ETFs, and cryptos (location-dependant). Leverage up to 1:30 is available in the EU and UK, while global clients and pro traders can access up to 1:500. XTB stands out for its CFD trading resources and tutorials to assist traders in developing short-term trading strategies. |
Leverage | |
1:3.33 | 1:30 (EU) 1:500 (Global) |
FTSE Spread | |
N/A | 1.8 |
GBPUSD Spread | |
2 | 1.4 |
Oil Spread | |
0.05 | 0.03 |
Stocks Spread | |
1 cent per share | 0.2% |
Forex Trading | |
Access over 110 FX pairs with spreads from 0.8 pips and no inactivity fees. Seasoned traders can also unlock advanced market data packages with fee rebates and competitive pricing. | XTB provides access to 70+ currency pairs with low spreads averaging around 1 pip on majors. The xStation platform offers an intuitive environment for forex traders with an excellent charting package encompassing 30+ indicators, plus a range of order types, catering to various strategies and risk management techniques. |
Forex App | |
With over 1 million downloads and a rating of 4.5*, XTB deliver a mobile trading platform that users love. Slick and reliable, the app boasts a range of extra features including advanced charts and market sentiment indicators. Download xStation by XTB here. |
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GBPUSD Spread | |
2 | 1.4 |
EURUSD Spread | |
1.9 | 1.0 |
EURGBP Spread | |
2.1 | 1.4 |
Assets | |
110+ | 70+ |
Cryptocurrency | |
Crypto trading not offered | XTB offers an excellent selection of cryptos with more than 50 digital currencies. Spreads are tight starting from 0.22% on BTC and leverage reaches 1:5. The xStation platform also provides intra-crypto pairs like ETH/BTC and DSH/BTC. With the capability to trade cryptos 24/7, XTB ensures a secure environment with transparent accounts for cryptocurrency day trading. |
Spread | |
0.22% | |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
78% of retail accounts lose money. | |
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