ForTrade
Questrade
VS
Higher Rated
ForTrade
Capital at risk · T&Cs apply
Choosing between ForTrade and Questrade depends on your trading style, preferred markets, and budget. ForTrade is headquartered in London, UK, while Questrade operates from Toronto, Canada. Questrade has the longer track record, established in 1999, compared to ForTrade which was founded in 2013. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
ForTrade
Questrade
| ForTrade | Questrade | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.3/5 |
| Min. Deposit | $100 ✓ | $1000 |
| Spread from | 1 pips | 0 pips ✓ |
| Max Leverage | 1:500 ✓ | 1:3 |
| Regulation | FCA, ASIC, CySEC ✓ | SEC |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | Proprietary Web, Proprietary Mobile |
ForTrade is the better choice overall, scoring 3.8/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Questrade offers lower spreads (0 pips).
See full side-by-side comparison belowForTrade
WinnerQuestrade
ForTrade
Questrade
ForTrade holds licences from FCA, ASIC, CySEC. Questrade is regulated by SEC.
Both brokers offer access to Forex, Indices, Commodities, Stocks markets. ForTrade additionally covers Cfd.
On spreads, Questrade is more competitive with EUR/USD spreads from 0.0 pips, compared to 1.0 pips at ForTrade.
ForTrade supports Proprietary Web, Proprietary Mobile, MT4. Questrade offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
ForTrade requires a minimum deposit of $100, while Questrade sets a minimum deposit of $1,000. Both are suitable for traders with moderate starting capital.
BrokerRank scores ForTrade at 3.81/5 and Questrade at 3.33/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. ForTrade leads overall with a clear advantage.
ForTrade
3.8/5
Choose ForTrade if you want…
Questrade
3.3/5
Choose Questrade if you want…
ForTrade scores higher overall on our independent rating system. ForTrade holds a 3.8/5 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.
ForTrade offers spreads from 1 pips, while Questrade starts at 0 pips. Check the fees section above for a full breakdown.
ForTrade requires a minimum deposit of $100. Questrade requires $1000.
ForTrade is regulated by FCA, ASIC, CySEC, while Questrade holds licences from SEC.
ForTrade supports Proprietary Web, Proprietary Mobile, MT4. Questrade supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.