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QuestradeFX Questrade

Questrade Review & Rating | Questrade Forex Broker | questradefx.com forex trading

Headquarters:  5650 Yonge Street, Suite 1700, Toronto, ON, M2M 4G3

Country: Canada

Regulated by: IIROC,CIPF

Trader's rate 0
Editor's rate 2.0

Mini Account:

minimum deposit: $250

minimum lot size: 10k

max leverage: 200:1

 

Standart Account:

minimum deposit: $2,500

minimum lot size: 100k

max leverage: 100:1

 

Spread:

Variable, from 2 pip

 

Deposit/Withdraw

Bank Wire, Paper Cheque 

 

Platform:

Custom trading platform, Web platform




Latest news about QuestradeFX

Spread

Variable spreads
Typical spreads:   EUR/USD  3 | GBP/USD  5 | USD/CHF  5 | USD/JPY  4

Pros

Cons

No Commissions 

 

 

Wide spreads

Spreads widen during volatile market and news releases

Poor platform

Slippage

Pros

Cons

No

 

Slippage during news releases 

Slippage during normal market conditions

Requotes

Pros

Cons

No 

 

A lot of requotes even during quiet market

"Rate is changed" message - you gonna hate it 

Price feed

Pros

Cons

No stop hunting

No price manipulaton  

No 

 

Platform

Pros

Cons

Desktop and Web Platforms

Simple platforms

One click dealing

No Auto trading 

Poor charts

  

Deposit/Withdraw

Deposit

Withdraw

Bank Тransfer

Check

 Bank Тransfer

 Check 

Customer service

Pros

Cons

Phone

Live Chat

E-mail  

Rude Customer service

No 24/7 trading desk  

 

Summary

Pros

Cons

Questrade account is insured for $1million through the CIPF

Decent price feed

 

 

Wide spreads

Lots of requotes

Slippage at non news time 

Rude customer service

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