Written by ForexBrokers.com
In this head to head comparison of Trading 212 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.
Trading 212 vs Questrade: both are online brokers focused on trading and investing. Trading 212 was founded in 2004, while Questrade launched in 2000. Neither company is publicly traded, and neither is a bank—so regulation and independent ratings are key factors when judging safety.
Trading 212 holds 3 Tier-1 licenses and 0 Tier-2 licenses; Questrade holds 1 Tier-1 license and 0 Tier-2 licenses. On ForexBrokers.com’s Trust Score scale (90–99 highly trusted; 80–89 trusted; 70–79 average risk; 60–69 high risk; under 59 not trusted), Trading 212 scores 82 and Questrade scores 85. Both land in the trusted range, with Questrade slightly higher on this measure of regulatory standing and perceived safety.
| Feature |
Trading 212
|
Questrade
|
|---|---|---|
| Year Founded | 2004 | 2000 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 0 |
When comparing Trading 212 vs. Questrade on commissions and fees, Trading 212 comes out ahead overall. Trading 212’s CFD account advertises zero-commission trading, but traders still pay through the spread, and its April 2025 average EUR/USD spread of 2.7 pips is relatively high. That said, Trading 212 earns a 4-star rating for commissions and fees and ranks #28 out of 36 brokers in this category.
Questrade also uses spread-based pricing, meaning its costs are built into the buy and sell price rather than shown as a separate commission. While Questrade says spreads can start as low as 0.8 pips in normal market conditions, real-world spreads were closer to 2.1 to 2.5 pips at the time of review. For CFDs, Questrade can be especially costly because it adds a $9.95 USD trading fee per unit, plus possible overnight financing charges. Questrade holds a 3.5-star rating for commissions and fees and ranks #34 out of 36.
In plain terms, Trading 212 is the cheaper-looking option for many traders, especially when compared with Questrade’s added CFD fees. Both brokers rely on spreads, so costs can rise as market conditions change, but Questrade’s extra per-unit fee can make trades much more expensive. If low fees are your main goal, Trading 212 is the stronger choice between the two.
| Feature |
Trading 212
|
Questrade
|
|---|---|---|
| Minimum Deposit | €1 | $0 |
| Average spread (EUR/USD) - Standard account | 2.7 | 0.8 or higher |
| All-in Cost EUR/USD - Active | 2.7 | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
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When it comes to range of investments, Trading 212 offers more choice than Questrade. Trading 212 lists about 13,000 tradeable symbols and 180 forex pairs, while Questrade offers around 675 symbols and 110 forex pairs. Both brokers let you trade forex as a CFD or spot contract, and both earn 5 out of 5 stars for Range of Investments. On ForexBrokers.com, Trading 212 ranks #15 out of 36 brokers, while Questrade ranks slightly higher at #12.
The biggest difference is in asset access. Trading 212 lets clients buy real shares on U.S. and international exchanges, such as Apple and Vodafone, and it also offers both actual cryptocurrency and crypto CFDs. Questrade does not offer direct access to U.S. or international exchange-traded securities, and it does not support buying actual crypto or crypto CFDs. Neither broker offers copy trading, but for investors who want a wider mix of markets and assets, Trading 212 has the broader selection overall.
| Feature |
Trading 212
|
Questrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 13000 | 675 |
| Forex Pairs (Total) | 180 | 110 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | No | No |
| Cryptocurrency (Underlying) | Yes | 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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Trading 212 and Questrade both give traders a browser-based platform, free paper trading, and the ability to place trades directly from charts. Neither broker offers copy trading or supports MetaTrader 4 or MetaTrader 5, so if you want those popular third-party tools, you will need to look elsewhere. In short, both brokers cover the basics well for online trading platforms and chart-based trading, with a similar 4-star rating for trading platforms and tools.
The biggest difference is that Questrade also offers a proprietary platform built in-house, plus a Windows desktop download, while Trading 212 does not. That gives Questrade more choice for traders who want a downloadable platform on a PC, while Trading 212 keeps things simpler with its web trading setup. Even so, Trading 212 is ranked higher by ForexBrokers.com in this category, coming in at #19 out of 36 brokers, compared with Questrade at #29.
| Feature |
Trading 212
|
Questrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | No |
| MetaTrader 4 (MT4) | No | No |
| MetaTrader 5 (MT5) | No | No |
| Charting - Indicators / Studies (Total) | 102 | 64 |
| Charting - Trade From Chart | Yes | Yes |
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Trading 212 and Questrade both offer mobile trading apps for iPhone and Android, along with stock and forex price alerts, watchlist syncing between the app and online account, trendline drawing, and auto-saving chart drawings. For everyday use, this means both apps give traders the key tools they need to follow the market and manage watchlists on the go.
Where Trading 212 stands out is in charting and overall mobile app ratings. Its app includes 104 technical studies compared with Questrade’s 64, and it is rated 4 out of 5 stars for mobile trading apps versus Questrade’s 3.5 stars. ForexBrokers.com also places Trading 212 higher in its mobile trading apps category, ranking it #17 out of 36 brokers, while Questrade sits at #29.
| Feature |
Trading 212
|
Questrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 104 | 64 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Trading 212 and Questrade both earn 3.5 out of 5 stars for market research, but they offer different tools. Trading 212 stands out for its forex news from major sources, a sentiment tool that shows long and short positions, and an economic calendar for tracking upcoming global events. Questrade does not offer daily market commentary either, but it does provide more third-party research support overall, including Autochartist, Trading Central, and TipRanks.
In ForexBrokers.com’s Research category, Trading 212 is ranked #33 out of 36 brokers, while Questrade is ranked #35. If you want market news, sentiment data, and an economic calendar, Trading 212 may be the better fit. If you prefer access to technical signals and analyst-style research tools, Questrade has the edge.
| Feature |
Trading 212
|
Questrade
|
|---|---|---|
| Daily Market Commentary (Articles) | No | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | Yes |
| Trading Central | No | Yes |
| Client sentiment data | Yes | No |
| TipRanks | No | Yes |
| Acuity Trading | No | No |
| Economic Calendar | Yes | No |
Dive deeper: Best Brokers for Forex Research.
For beginners looking for trading education, Trading 212 has the edge over Questrade. Trading 212 offers at least 10 beginner-friendly videos and at least 10 advanced videos, while Questrade does not meet those video counts for either group. Neither broker offers monthly online client webinars, and neither appears to provide enough forex or CFD-focused education to meet the 10-piece threshold. In the ForexBrokers.com Education category, both brokers are rated 3.5 out of 5 stars, but Trading 212 is ranked higher overall at #20 out of 36 brokers, compared with Questrade at #28.
In simple terms, Trading 212 gives new traders more learning content to get started and more material for those who want to go deeper. Questrade still offers some educational support, but it is lighter on beginner and advanced video lessons. If your main goal is to find a broker with more helpful learning resources for trading basics, Trading 212 is the stronger choice between the two.
| Feature |
Trading 212
|
Questrade
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
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After testing 63 of the best forex brokers, our research and account testing finds that Trading 212 is better than Questrade. Trading 212 finished with an overall rank of #25, while Questrade finished with an overall rank of #29.
Best known for its mobile trading app, Trading 212 offers an easy-to-use trading platform suite for CFD and share trading, as well as a large variety of forex pairs. However, despite its well-designed platform and wide range of symbols, its lack of advanced trading tools and flat research offerings hamper Trading 212’s bid to be considered a top broker.
| Feature |
Trading 212
|
Questrade
|
|---|---|---|
| Overall Rating |
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| Trust Score | 82 | 85 |
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Trading 212 vs Questrade: Trading 212 lets you buy actual delivered cryptocurrencies and trade cryptocurrency CFDs, while Questrade offers neither option.
Trading 212 vs Questrade: For deposit and withdrawal options, Trading 212 supports ACH/SEPA transfers (Questrade does not) and both support bank wires, while neither supports PayPal or Skrill; Visa/Mastercard availability is not specified for either broker.
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 | Trading 212 | Questrade | |
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| Trust Score | 82 | 85 | |
| Winner | check_circle | ||
| Review | Trading 212 Review | Questrade Review |
| Broker Screenshots | Trading 212 | Questrade | |
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| Regulation | Trading 212 | Questrade | |
|---|---|---|---|
| Trust Score | 82 | 85 | |
| Year Founded | 2004 | 2000 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 0 |
| Tier-1 Licenses (Highly Trusted) | Trading 212 | 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) | Trading 212 | Questrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | Trading 212 | Questrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 13000 | 675 | |
| Forex Pairs (Total) | 180 | 110 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | No | No | |
| Cryptocurrency (Underlying) | Yes | 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 | Trading 212 | Questrade | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 2.7 | 0.8 or higher | |
| All-in Cost EUR/USD - Active | 2.7 | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | No |
| Funding | Trading 212 | Questrade | |
|---|---|---|---|
| Minimum Deposit | €1 | $0 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | Trading 212 | Questrade | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | No | |
| MetaTrader 4 (MT4) | No | No | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No |
| Trading Tools | Trading 212 | Questrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 102 | 64 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Trading 212 | Questrade | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 104 | 64 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Trading 212 | Questrade | |
|---|---|---|---|
| Daily Market Commentary (Articles) | No | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | Yes | |
| Trading Central | No | Yes | |
| TipRanks | No | Yes | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | No |
| Education | Trading 212 | Questrade | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Trading 212 | Questrade | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Trading 212 Review | Questrade Review |
| Overall | Trading 212 | Questrade | |
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| Trust Score | 82 | 85 | |
| Winner | check_circle | ||
| Review | Trading 212 Review | Questrade Review |
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