Written by ForexBrokers.com
In this head to head comparison of Tickmill vs Questrade, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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.
Tickmill vs. Questrade: Tickmill was founded in 2014, while Questrade dates back to 2000. Neither broker is publicly traded, and neither operates as a bank.
Both brokers hold a ForexBrokers.com Trust Score of 85/99, placing them in the “trusted” 80–89 range (90–99 highly trusted; 70–79 average risk; 60–69 high risk; below 59 not trusted). For regulation, Tickmill holds two Tier-1 licenses (highly trusted regulators) plus two Tier-2 licenses (trusted), whereas Questrade holds one Tier-1 license and no Tier-2 licenses. In short, both are trusted, with Tickmill showing a wider set of regulatory approvals.
| Feature |
Tickmill
|
Questrade
|
|---|---|---|
| Year Founded | 2014 | 2000 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
Tickmill comes out ahead of Questrade for commissions and fees, especially for active forex traders. Tickmill earns a 4.5-star rating and ranks #10 out of 36 brokers for this category. It offers two account types: the Classic account, which has no commission but wider spreads, and the Raw account, which uses low spreads plus a $3 per side commission ($6 per standard lot). Even with the recent commission increase, Tickmill still keeps overall trading costs competitive, and its Raw account starts with a low $100 minimum deposit.
Questrade scores lower on pricing, with a 3.5-star rating and a rank of #34 out of 36 brokers for commissions and fees. Questrade Global builds costs into the spread instead of charging a separate commission, but its spreads can be much wider in real-world trading than the lowest figures it advertises. That can make a standard forex trade more expensive overall, and CFD trading can be especially costly because Questrade adds a $9.95 USD fee per unit on top of the spread.
In simple terms, Tickmill is usually the better choice if lower trading costs matter most. Its Raw account offers tighter pricing for forex, while Questrade’s spread-only model may look simple but can end up costing more, especially for frequent traders or CFD users. If you want the better value based on commissions and fees alone, Tickmill has the edge.
| Feature |
Tickmill
|
Questrade
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average spread (EUR/USD) - Standard account | 1.70 | 0.8 or higher |
| All-in Cost EUR/USD - Active | 0.70 | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
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When it comes to range of investments, Questrade offers more choice than Tickmill overall. Questrade lists 675 tradeable symbols and 110 forex pairs, compared with Tickmill’s 637 symbols and 62 forex pairs. Both brokers support forex trading, and both do not offer direct share dealing on U.S. or international exchanges, so neither lets you buy actual stocks like Apple or Vodafone. For this category, Questrade is rated 5 stars and ranks #12 out of 36 brokers, while Tickmill is rated 3.5 stars and ranks #31.
There are a few key differences to note. Tickmill supports copy trading and offers cryptocurrency CFDs, while Questrade does not offer either feature. Neither broker lets you buy actual cryptocurrency, but only Tickmill gives access to crypto through CFDs. If you want a wider forex list and a higher overall selection score, Questrade is the stronger pick. If copy trading or crypto CFDs matter more to you, Tickmill may be the better fit.
| Feature |
Tickmill
|
Questrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 637 | 675 |
| Forex Pairs (Total) | 62 | 110 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | No |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | Yes | No |
| 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). |
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Tickmill and Questrade both give traders a choice of desktop and web-based platforms, plus free demo accounts for simulated trading. Each also lets you place trades directly from a chart, which can make it easier to act on price moves without switching screens. In ForexBrokers.com’s Trading Platforms and Tools review, both brokers earn 4 out of 5 stars, but Tickmill ranks higher overall at #24 out of 36 brokers, compared with Questrade at #29.
Where Tickmill stands out is platform variety: it supports MetaTrader 4, MetaTrader 5, and copy trading, while Questrade does not offer MT4, MT5, or copy trading. Questrade does have one key advantage, though, with its own proprietary platform built in-house. For traders looking for familiar third-party tools and social trading features, Tickmill has the edge; for those who want a broker-owned platform, Questrade may be the better fit.
| Feature |
Tickmill
|
Questrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 97 | 64 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Tickmill and Questrade both offer mobile trading apps for iPhone and Android, and both let users sync watchlists between the mobile app and their online account. Each app also supports drawing trendlines on charts, making it easier to track price movement on the go. For charting tools, Tickmill has the edge with 97 technical studies in its mobile app, compared with 64 for Questrade.
There are a few key differences to note. Questrade includes stock and forex price alerts, while Tickmill does not. Questrade also auto-saves chart drawings in its mobile app, which Tickmill does not. Based on ForexBrokers.com ratings, Tickmill scores higher for mobile trading apps at 4 stars and ranks #25 out of 36 brokers, while Questrade earns 3.5 stars and ranks #29 out of 36.
| Feature |
Tickmill
|
Questrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | No | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 97 | 64 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Tickmill vs. Questrade for market research, Tickmill has the edge in a few key areas. Tickmill offers daily market commentary, research from Acuity Trading such as Signal Centre, and an economic calendar that tracks current and upcoming global events. It also earns a higher Research rating of 4 stars and ranks #19 out of 36 brokers for research, which makes it a stronger pick for traders who want regular market updates and event tracking.
Questrade, on the other hand, does not offer daily market commentary or an economic calendar, but it does include more third-party research tools overall. Questrade provides Autochartist, Trading Central, and TipRanks, which can help traders with chart-based ideas, analysis, and stock research. Even so, its Research rating is 3.5 stars and it ranks #35 out of 36, so while it offers useful tools, Tickmill still comes out ahead for market research overall.
| Feature |
Tickmill
|
Questrade
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | No | Yes |
| Trading Central | No | Yes |
| Client sentiment data | No | No |
| TipRanks | No | Yes |
| Acuity Trading | Yes | No |
| Economic Calendar | Yes | No |
Dive deeper: Best Brokers for Forex Research.
When it comes to learning support for beginners, Tickmill has a clear edge over Questrade. Tickmill offers forex and CFDs education with enough material to meet the basic standard of at least 10 related educational pieces, and it also provides monthly online client webinars. In addition, beginners can find at least 10 beginner-focused videos, along with 10 or more advanced videos for traders who want to keep learning later on. That wider mix of lessons and live sessions helps make Tickmill a stronger choice for new traders who want more guidance as they get started.
Questrade also offers some educational content, but it falls behind Tickmill in several important areas for beginners. It does not provide monthly webinars, and it does not appear to offer at least 10 beginner videos or 10 advanced videos focused on trading topics. Reflecting this difference, Tickmill is rated 4 out of 5 stars for Education and ranks #14 out of 36 brokers, while Questrade is rated 3.5 out of 5 stars and ranks #28. For beginners looking for more ways to learn at their own pace, Tickmill stands out as the stronger option.
| Feature |
Tickmill
|
Questrade
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Tickmill is better than Questrade. Tickmill finished with an overall rank of #23, while Questrade finished with an overall rank of #29.
Tickmill is a run-of-the-mill MetaTrader broker that offers a limited selection of tradeable securities. The broker does offer very competitive commission-based pricing for professionals through its VIP and Pro accounts.
| Feature |
Tickmill
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Questrade
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|---|---|---|
| Overall Rating |
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| Trust Score | 85 | 85 |
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Tickmill vs Questrade: neither broker lets you buy actual (delivered) cryptocurrency, but Tickmill offers cryptocurrency CFD trading while Questrade does not.
Tickmill vs Questrade: for deposit and withdrawal methods, neither broker supports ACH or SEPA transfers, both accept bank wire transfers, and only Tickmill offers PayPal and Skrill, while Questrade does not.
Please 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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0 of 5| Overall Rating | Tickmill | Questrade | |
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| Trust Score | 85 | 85 | |
| Winner | check_circle | ||
| Review | Tickmill Review | Questrade Review |
| Broker Screenshots | Tickmill | Questrade | |
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| Regulation | Tickmill | Questrade | |
|---|---|---|---|
| Trust Score | 85 | 85 | |
| Year Founded | 2014 | 2000 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | Tickmill | Questrade | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | ||
| Canada (CIRO Authorised) | No | Yes | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Tickmill | Questrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | Tickmill | Questrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 637 | 675 | |
| Forex Pairs (Total) | 62 | 110 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | No | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | Yes | No | |
| 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 | Tickmill | Questrade | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.70 | 0.8 or higher | |
| All-in Cost EUR/USD - Active | 0.70 | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | No |
| Funding | Tickmill | Questrade | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | Tickmill | Questrade | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | Tickmill | Questrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | No | Yes | |
| Charting - Indicators / Studies (Total) | 97 | 64 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Tickmill | Questrade | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | No | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 97 | 64 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | No | Yes |
| Research | Tickmill | Questrade | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | No | Yes | |
| Trading Central | No | Yes | |
| TipRanks | No | Yes | |
| Client sentiment data | No | No | |
| Economic Calendar | Yes | No |
| Education | Tickmill | Questrade | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Tickmill | Questrade | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Tickmill Review | Questrade Review |
| Overall | Tickmill | Questrade | |
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| Trust Score | 85 | 85 | |
| Winner | check_circle | ||
| Review | Tickmill Review | Questrade Review |
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