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Questrade FX Review

Broker Information Security Popularity Payment Spec Instruments Score
Security E
Popularity E
Payment E
Spec B
Instrument A
E
E
E
B
A
score 27
Questrade FX
  Regulation 0
  Security 63  
Established more than 10 years
  Instrument 100  
Forex
Stock
Gold
  Platform 6  
Web
  Payment 32  
Wire
  Features 11  
Education
  Spec 83  
Hedging
Scalping
Fixed Spread

💲 Min Deposit $1000

Year Established 1999

💡 Min Position 0.1 lot

🌐 Website www.questrade.com

Max Leverage 1:200

📖 Free education

Questrade FX is a well-established broker since 1999. Questrade FX has a headquarter in . Questrade FX to provide their Forex/CFD trading services to over 4 million clients.


Account Information

Apart from the forex demo account, this broker offers Individual. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by Questrade FX is up to 1: 200. Meanwhile, you can open an account with a starting capital of $1000.

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Min Deposit

$1000

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Max Leverage

1:200

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Spread

Fixed

If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:



💲 Min Deposit $1000

💡 Min Position 0.1 lot

🔢 Spread Fixed

📉 Scalping

🤖 Expert Advisors

💱 Hedging

Pending orders

💸 Commission

Instruments Traded

Besides lots of currency pair, Questrade FX also offers some instruments you would like to trade on, such as Forex, Gold & silver, Stocks and Options for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Individual account, Questrade FX specifically provides it with the following instruments and leverage:


Forex

Forex
1:200

Gold & silver

Gold & silver
1:100

Options

Options
1:100

Payment Methods

Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

Questrade FX also provides payment with Check



Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, Questrade FX offers you QuestradeFX PRO, QuestradeFX, QuestraderELITE, QuestraderPRO and QuestraderWEB.

Customer Support

Do you have any question or find any trouble related to Questrade FX? If you do, you should reach Questrade FX's support to get the information that you need. Here is the detail of the broker's customer support:

Website Languages

English
French

Office Support

Email Support

Call Support

Chat Support



FAQ About Questrade FX

A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if Questrade FX is a good broker for you or not by reviewing the criteria. In general, Questrade FX provides trading service in Forex , Gold & silver , Stocks and Options . As for the payment methods, you can choose between Wire transfer and Check. The customer support is available via Email, Phone, Live chat and Office.


The starting capital in Questrade FX is $1000.


Questrade FX is regulated by None. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.


Questrade FX is a brokerage company offering trading services for clients since 1999 with offices in .



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