Eightcap vs Questrade compared
- Research score1.8/5
- Markets and products score1.7/5
- Deposit and withdrawal score4.5/5
- Research score4.8/5
- Markets and products score4.6/5
- Deposit and withdrawal score2.7/5
- BeginnersNO
- EquityNO
- ForexYES
- CFDNO
- BeginnersYES
- EquityYES
- ForexNO
- CFDNO
Basic data of broker
Recommended for Forex traders who prefer the MetaTrader platform
Recommended for Traders and investors focusing on the Canadian and US markets
Australia
Canada
Fees
Low trading and non-trading fees
Low trading and non-trading fees, low stock and ETF fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
7
2
Deposit type
Withdrawal type
Account opening
$100
$1000
1 day
1 day
Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill
Proof of identity: national ID / driver's licence plus social insurance number for Canadians / tax identifier number for internationals
Trading platform
Markets and products
Disclaimer: 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Disclaimer: 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Mid-range
Great
Customer service
Security
No investor protection
CAD 1 million
No investor protection
CAD 1 million
2009
1999
Australia, Vanuatu
Canada
EightcapFor detailed information and hands-on experience, read our review of this broker.
QuestradeFor detailed information and hands-on experience, read our review of this broker.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
Eightcap's service is on par with Questrade's and a comparison of their fees shows that Eightcap's fees are slightly lower than Questrade's.
Account opening takes less effort at Eightcap compared to Questrade, deposit and withdrawal processes are more seamless at Eightcap, while customer service quality is similar to Questrade's.
Our experts rated the trading platform of Eightcap as somewhat worse than the platform of Questrade, found that clients have access to much less markets and products with Eightcap, while Questrade provides excellent research and education.
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