Compare CMC Markets vs Questrade

Online brokers compared for fees, trading platforms, safety and more. See how CMC Markets stacks up against Questrade!

CMC Markets vs Questrade
open account	Visit broker 73% of retail CFD accounts lose money	Visit broker
overall rating	4.6	4.6
overall pros	Low forex fees Great web and mobile platforms Advanced research and educational tools	Low stock and ETF fees Solid research tools Superb customer service
overall cons	High stock CFD fees Limited product portfolio Complicated account verification	Slow account opening for non-Canadians High withdrawal fee for non-Canadians Limited account base currencies
fees	3.7 Low forex fees No withdrawal fee High stock CFD fees	3.8 Low non-trading fees Low stock and ETF fees / Free stock trading Low fund fees High margin rates
account opening	4.1 Fully digital No minimum deposit Complicated account verification	3.8 Fast Fully digital User-friendly Minimum deposit is higher than $500 Complicated for non-Canadians
deposit and withdrawal	4.8 Credit/Debit card available No deposit fee Several account base currencies £15 fee for international bank transfers	2.7 Free withdrawal No deposit fee User-friendly Credit/Debit card not available Slow withdrawal - over 3 days High fee for wire withdrawals
web trading platform	4.5 Clear fee report Good customizability (for charts, workspace) Modern design No two-step (safer) login	3.8 User-friendly Good variety of order types Price alerts No clear fee report available Limited customizability (for charts, workspace)
mobile trading platform	4.5 User-friendly Good search function Good variety of order types No two-step (safer) login	4.8 User-friendly Two-step (safer) login Good variety of order types
desktop trading platform	3.4 Clear fee report Good customizability (for charts, workspace) Price alerts No two-step (safer) login Poor design	4.3 User-friendly Good customizability (for charts, workspace) Good variety of order types No clear fee report available
markets and products	2.2 Forex CFD Crypto	4.2 Stock ETF Forex Fund Bond Options CFD
research	5.0 Good interactive chart Trading ideas Data on asset fundamentals	4.8 Good interactive chart Trading ideas Data on asset fundamentals Live data only available for paid subscription
customer service	4.5 Phone support Live chat Fast response time No 24/7 support	4.5 Phone support Live chat Fast response time No 24/7 support
education	5.0 Demo account Trading platform tutorial Educational videos	4.0 Demo account Trading platform tutorial Educational videos Educational section is hard to navigate
safety	Majority of clients belong to a top-tier financial authority Listed on stock exchange Negative balance protection Does not hold a banking license	Majority of clients belong to a top-tier financial authority High level of investor protection CAD 10 million per account additional insurance No negative balance protection Does not hold a banking license Not listed on stock exchange
recommended for	Forex and CFD traders looking for an advanced trading platform with many research tools	Traders and investors focusing on the Canadian and US markets

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