FXTM information and reviews
FXTM
95%
OctaFX information and reviews
OctaFX
94%
XM information and reviews
XM
93%
FXCC information and reviews
FXCC
92%
Libertex information and reviews
Libertex
91%
HFM information and reviews
HFM
89%

QuestradeFX Review and Information 2022

QuestradeFX
Voting Rating QuestradeFX does not participate in the Forex Rating
Submit Forex Broker
Reviews Rating
Regulation IIROC (Canada)
Trading software QuesttraderWeb, PRO, ELITE, FX, FX PRO
Headquartered North American Centre, 5700 Yonge Street, Ground Floor North Tower, Toronto, Ontario M2M 4G3, Canada

Overview

QuestradeFX Trading Information 2022


WWW http://www.questrade.com/
Address
Headquarters North American Centre, 5700 Yonge Street, Ground Floor North Tower, Toronto, Ontario M2M 4G3, Canada
Free phone 416.227.7646
24 hour support
Free education
Mobile trading
24/5 trading
Digits after the dot in quotes
Minimum position size
Spread Type
Pip spread on majors 1.1-3
Maximum Leverage 200:1
STP, $
ECN, $
Standard account, $ 250
Mini account, $ 250
Popular payment methods Bank Wire, Cheque, Stock Certificates
Account currencies
Available assets Forex, Gold, Stock, Options
Languages English, Japanese
Platforms QuesttraderWeb, PRO, ELITE, FX, FX PRO
Broker type
Regulation IIROC, FSCL
Foundation 2004

QuestradeFX Reviews and Comments

The more I trade with Quaest, the more I feel that it's completely terrible retail broker. My current balance is around $1500 and $1250 I made thanks to my experience in scalping trading on big news events. But the more I trade, the more I notice the spread widening while waiting for important news. It has direct impact on my trading performance. Someone will say that this is the norm in a volatile market, but by accurate monitoring of volatility, I see that the average spread size on main currencies has dramatically increased over the last 6 months. At the same time, the volatility level remains in the range of previous values. This indicates a deliberate increase of spread size. In this case, the broker can refer, as always, to liquidity providers and unexpected volatility but repeat my experiment and you'll see the same.
  2 Jul 2017  
My problem is to get bonuses back, or at least withdraw my profit. The broker has its policy not to allow traders take all money from account even if it's your profit. I think it was my biggest mistake to open account here. There are actually something like a scheme or so. First, they offer appealing conditions you can see on their website. Then demo + many options to get extra funds/initial deposit bonus if you open new account. And finally, they offer more if you start making big deposits on account. However, read more carefully all terms and conditions, and think twice if you want to open trading account here!
  19 Jun 2017  
I can't share the same emotions as I can see from previous comment. In my case it was little frustrating. Since begging, there were some difficulties to setup new account. Even if Questrade won award as a best Canadian fx broker, I wouldn't believe that. Broker says there is no fees but you will pay yearly fees which are bigger than all you might pay in another firm. So I ended up with some losses and understanding that you need to read more carefully all print documents. And what's more important not to believe any commercial.
  26 Aug 2016  
I'm thrilled with idea to have so much potential on currency trading. The company is amazing to work with. Sales people are very friendly and very easy to talk with them. I've made some mistakes in the beginning, which brought me to the point of losses. But, it was completely my fault. Not from broker's side. I called right to the office to figure out what happened. They switched me to back office, where all my wrong trades were explained from technical point of view. Now, I have positive balance on my account. I think it will be my broker for long.
  26 Jul 2016  
All QuestradeFX Reviews

Related Forex Brokers

# Forex Broker Reviews Status For Against Type Regulation Leverage Account
1FXTM Detailed information and reviewsFXTMReviewsRecommended955Broker, ECNCySEC, FCA, IFSC1000$100
2OctaFX Detailed information and reviewsOctaFXReviews946BrokerSVG500$50
3XM Detailed information and reviewsXMReviewsRecommended937BrokerASIC, CySEC, FSC1000$5
4FXCC Detailed information and reviewsFXCCReviewsRecommended928ECN, STPCySEC, VFSC500$1
5Libertex Detailed information and reviewsLibertexReviewsRecommended919MMCySEC30$100
6HFM Detailed information and reviewsHFMReviewsRecommended8911BrokerCySEC, FSC, FSB, FCA, BaFin, DFSA1000$5
7FXCM Detailed information and reviewsFXCMReviewsRecommended8713BrokerFCA, ASIC, SFC, CONSOB, BaFin, ACP30$300
8ActivTrades Detailed information and reviewsActivTradesReviews8614NDDFCA, SCB, CSSF, CONSOB400$1
9RoboForex Detailed information and reviewsRoboForexReviewsRecommended8515Broker, NDD, STPFSC2000$10
10MultiBank Group Detailed information and reviewsMultiBank GroupReviews8416ECNASIC, BAFIN, CIMA, ESCA, FSC, MAS, FMA, TFG, HKCE, AUSTRAC, VFSC500$1000
11FxPro Detailed information and reviewsFxProReviewsRecommended8317Broker, NDDCySEC, FCA, FSCA, SCB500$100
12Vantage Detailed information and reviewsVantageReviews8317BrokerCIMA, VFSC, ASIC, FCA, FSCA, FSC500$200
13AMarkets Detailed information and reviewsAMarketsReviews8218BrokerThe Financial Commission3000$100
14FP Markets Detailed information and reviewsFP MarketsReviews8119ECN, STP, DMAASIC, CySEC500$100
15Just2Trade Detailed information and reviewsJust2TradeReviews8020BrokerCySEC, NFA, FINRA, SIPC500$100
16Olymp Trade Detailed information and reviewsOlymp TradeReviews7723BrokerIFC100$10
17CryptoGo365 Detailed information and reviewsCryptoGo365ReviewsNew7624MMn/a400$2500
18CryptoIFX Detailed information and reviewsCryptoIFXReviewsNew7525MMn/a400$2500
19Pure Market Detailed information and reviewsPure MarketReviews7426ECN, STPCySec, VSFC1000$1000
20Exness Detailed information and reviewsExnessReviews7426MM, NDDFSA, CySEC , FCA , FSCA , CBCS ,FSC, FSC (Mauritius)1000$1
FXCM information and reviews
FXCM
87%
ActivTrades information and reviews
ActivTrades
86%
RoboForex information and reviews
RoboForex
85%
MultiBank Group information and reviews
MultiBank Group
84%
FxPro information and reviews
FxPro
83%
Vantage information and reviews
Vantage
83%

© 2006-2022 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.