Questrade
OANDA
VS
Higher Rated
OANDA
Capital at risk · T&Cs apply
Compare Questrade and OANDA side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Questrade
OANDA
| Questrade | OANDA | |
|---|---|---|
| BrokerRank Score | 3.3/5 | 4.1/5 ✓ |
| Min. Deposit | $1000 | $0 ✓ |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:3 | 1:50 ✓ |
| Regulation | SEC | FCA, CFTC, ASIC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, Proprietary Web, Proprietary Mobile |
OANDA is the better choice overall, scoring 4.1/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Questrade offers lower spreads (0 pips).
See full side-by-side comparison belowQuestrade
OANDA
WinnerQuestrade
OANDA
Questrade scores 3.33/5 while OANDA scores 4.09/5 in our independent rating.
OANDA edges ahead overall, but Questrade may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Questrade
3.3/5
Choose Questrade if you want…
OANDA
4.1/5
Choose OANDA if you want…
OANDA scores higher overall on our independent rating system. Questrade holds a 3.3/5 rating vs OANDA's 4.1/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Questrade offers spreads from 0 pips, while OANDA starts at 0.6 pips. Check the fees section above for a full breakdown.
Questrade requires a minimum deposit of $1000. OANDA requires $0.
Questrade is regulated by SEC, while OANDA holds licences from FCA, CFTC, ASIC, MAS.
Questrade supports Proprietary Web, Proprietary Mobile. OANDA supports MT4, 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.