Side-by-Side Comparison Independent Updated Jun 15, 2026
FirstMetroSec vs Questrade 2026: Which Broker is Better?
Compare FirstMetroSec and Questrade side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
FirstMetroSec
Questrade
VS
| FirstMetroSec | Questrade | |
|---|---|---|
| BrokerRank Score | 3.1/5 | 3.3/5 ✓ |
| Min. Deposit | $5000 | $1000 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:1 | 1:3 ✓ |
| Regulation | SEC | SEC |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Quick VerdictBrokerRank recommends
Best for Beginners
QuestradeFirstMetroSec
Best for Low Fees
FirstMetroSecQuestrade
Best for Regulation
FirstMetroSecQuestrade
Best Overall
QuestradeFirstMetroSec
Quick Answer
Questrade is the better choice overall, scoring 3.3/5 vs 3.1/5 on BrokerRank's independent rating. On fees, FirstMetroSec offers lower spreads (0 pips).
See full side-by-side comparison belowFirstMetroSec vs Questrade: Key Differences
Feature
FirstMetroSec
Questrade
WinnerOur Rating
3.1 / 5
3.3 / 5
Min. Deposit
$5000
$1000
Spread From
0 pips
0 pips
Commission
$0.25/lot
$0.01/lot
Regulated By
SEC
SEC
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Stocks, Etf
Stocks, Forex, Indices, Commodities
Founded
1994
1999
Headquarters
Makati, Philippines
Toronto, Canada
Score
0 / 3
3 / 3
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Find my matchFees Comparison
Fee
FirstMetroSec
Questrade
Lower feesSpread From
0 pips
0 pips
Commission
$0.25/lot
$0.01/lot
Deposit Fee
None
None
Withdrawal Fee
None
None
BrokerRank Verdict
FirstMetroSec scores 3.14/5 while Questrade scores 3.33/5 in our independent rating.
Questrade edges ahead overall, but FirstMetroSec may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Who Should Choose Which?
FirstMetroSec
3.1/5
Choose FirstMetroSec if you want…
- More established (est. 1994)
Questrade
3.3/5
Choose Questrade if you want…
- Higher overall rating (3.3/5)
- Lower minimum deposit ($1000)
- Higher leverage (up to 1:3)
- More market types (4)
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Frequently Asked Questions
1Is FirstMetroSec better than Questrade?
Questrade scores higher overall on our independent rating system. FirstMetroSec holds a 3.1/5 rating vs Questrade's 3.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, FirstMetroSec or Questrade?
FirstMetroSec offers spreads from 0 pips, while Questrade starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for FirstMetroSec vs Questrade?
FirstMetroSec requires a minimum deposit of $5000. Questrade requires $1000.
4Which broker is safer, FirstMetroSec or Questrade?
FirstMetroSec is regulated by SEC, while Questrade holds licences from SEC.
5What trading platforms do FirstMetroSec and Questrade support?
FirstMetroSec supports Proprietary Web, Proprietary Mobile. Questrade supports Proprietary Web, Proprietary Mobile.
6Can I use both FirstMetroSec and Questrade?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Higher Rated
Questrade
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