FXTM vs Questrade 2026: Which Broker is Better?
Choosing between FXTM and Questrade depends on your trading style, preferred markets, and budget. FXTM is headquartered in Limassol, Cyprus, while Questrade operates from Toronto, Canada. Questrade has the longer track record, established in 1999, compared to FXTM which was founded in 2011. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
FXTM
Questrade
| FXTM | Questrade | |
|---|---|---|
| BrokerRank Score | 3.6/5 ✓ | 3.3/5 |
| Min. Deposit | $10 ✓ | $1000 |
| Spread from | 0.1 pips | 0 pips ✓ |
| Max Leverage | 1:2000 ✓ | 1:3 |
| Regulation | FCA, CySEC, FSCA ✓ | CIRO |
| Platforms | MT4, MT5 | Proprietary Web, Proprietary Mobile |
FXTM is the better choice overall, scoring 3.6/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Questrade offers lower spreads (0 pips).
See full side-by-side comparison belowFXTM vs Questrade: Key Differences
FXTM
WinnerQuestrade
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Fees Comparison
FXTM
Questrade
Lower feesRegulation & Trust
FXTM holds licences from FCA, CySEC, FSCA. Questrade is regulated by SEC.
Markets & Assets
Both brokers offer access to Forex, Stocks, Indices, Commodities markets. FXTM additionally covers Cfd.
Fees & Spreads
On spreads, Questrade is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.1 pips at FXTM.
Trading Platforms
FXTM supports MT4, MT5. Questrade offers Proprietary Web, Proprietary Mobile.
Minimum Deposit
FXTM requires a minimum deposit of $10, while Questrade sets a minimum deposit of $1,000. Both are suitable for traders with moderate starting capital.
Overall Ratings
BrokerRank scores FXTM at 3.59/5 and Questrade at 3.33/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. FXTM leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
FXTM
3.6/5
Choose FXTM if you want…
- Higher overall rating (3.6/5)
- Lower minimum deposit ($10)
- Higher leverage (up to 1:2000)
- More regulatory licences (3)
Questrade
3.3/5
Choose Questrade if you want…
- Tighter spreads (from 0 pips)
- More established (est. 1999)
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 FXTM better than Questrade?
FXTM scores higher overall on our independent rating system. FXTM holds a 3.6/5 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, FXTM or Questrade?
FXTM offers spreads from 0.1 pips, while Questrade starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for FXTM vs Questrade?
FXTM requires a minimum deposit of $10. Questrade requires $1000.
4Which broker is safer, FXTM or Questrade?
FXTM is regulated by FCA, CySEC, FSCA, while Questrade holds licences from CIRO.
5What trading platforms do FXTM and Questrade support?
FXTM supports MT4, MT5. Questrade supports Proprietary Web, Proprietary Mobile.
6Can I use both FXTM 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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