Questrade FX

Editorial Rating:
2.40
Accept US Traders:
Yes

Questrade.com

Voted Canada’s best managed company in 2012, Questrade has firmly established itself as one of the leading online Forex brokers in North America over the last few years. Founded in 1999 and driven by the mantra: “Help Canadians achieve financial independence”, Questrade has achieved a number of firsts in the FX market, most notably being the first broker to offer 95 cent stock trades.

Questrade.com’s Special FX:

The quest for FX riches can be a tough one if you’re without some of tools made available by the online world. For Questrade customers the ability to perform advanced charting exercise through eSignal’s software makes it much easier to track fluctuations and trends in the currency market.

By making a deposit of at least $1,000 you can obtain free access to eSignal’s ForexCharts and utilise a number of analytical features, including: accumulation and distribution, average true ranges, choppiness, moving average and stochastics.

To help make the most of the tools on offer at Questrade a dedicated social media section of the site known as The Exchange is open to all customers. Featuring blogs from professional traders as well as a forum where regular investors discuss the market and successful strategies. On top of this a series of educational articles and videos are on offer for those who are looking to improve their overall skill set.

The Essentials:

Questrade has taken the FX industry’s leading online platform, MetaTrader 4, and tailored it to its on specifications. Finely tuned to offer a powerful Forex platform capable of delivering Questrade’s goal of helping individuals achieve financial independence, traders can benefit from a number of useful features, including:

One-click dealing thanks to in-chart monitoring and trading.

Hedging capabilities that allow the user to hold both short and long positions on the same currency pair.
Micro lot trading which is especially useful for novice trades with limited funds.

Smart trading with advanced risk management tools and EA-optimised conditions that allow various automated strategies to be applied.

Full mobile trading to ensure access 24 hours a day.

In addition to Questrade MT4, users can opt to use QuestradeFX and QuestradeFX Pro. Each platform provides all the features of MT4 as well as advanced market data and analysis features.

When opening a Questrade FX account you’ll be able to take advantage of 40 currency pairs with no commission charges on your trades. Typical spreads range from 1.7 pips under normal market conditions on majors such as EUR/USD and 2.2 on EUR/JPY.

Risk Disclosure: fxBrokerSearch.com will not be held liable for any financial loss or damage caused by users acting upon any information contained within this website, not limited to and including: all numerical data, quotes, charts and buy/sell signals. Moreover, please be advised that Forex trading is one of the most volatile investment forms in the world and all trades should be placed with full consideration of the risks and costs.

fxBrokerSearch.com does not support nor encourage the execution of any investments. Trading with a margin is high risk endeavour and not suitable for everyone, therefore, each investor should carefully consider all relevant trading conditions, such as experience, risk and cost, before taking part in any type of trading, including Forex.

While every effort has been made to ensure all our data is as accurate as possible, fxBrokerSearch.com cannot be held responsible for any prices that are not in line with real-time data. Indeed, the currency exchange market is constantly changing and all CFDs (stocks, indexes, futures) and Forex prices are set by market makers.

This means advertised prices may not be accurate and could differ from the actual market conditions. For this reason it is not appropriate to rely on any data presented by fxBrokerSearch.com for the purposes of trading.

Based on these conditions, fxBrokerSearch.com will not be held responsible for any losses incurred through trades conducted in light of data presented on this site.