AFX Group Vs Questrade

How AFX Group and Questrade Compare in 2024

AFX Group or Questrade who is better?

Compare AFX GROUP Versus QUESTRADE and IC Markets broker accounts.


Compare AFX Group Vs Questrade Side by Side

So you are looking for a broker, AFX Group or Questrade who should you choose?

When trading on financial markets you will want to know all about who AFX Group or Questrade are, and how they compare. You will naturally want to know how long AFX Group and Questrade have been in business and what reputation AFX Group and Questrade have. On top of this, you will need to discover if AFX Group and Questrade match your trading needs.

Having a reputable and dependable broker is crucial to your trading. The reason for this is quite a simple one You need to be sure in the knowledge that your money is in a segregated bank account with a financially regulated broker. Let us see how AFX Group and Questrade compare.

Well in our side by side comparison we make it easier for you to see what is right for you. As with anything the final decision on which broker to trade with should ultimately be based on what and how you going to trade.

Our comparison will help you judge the effectiveness, price, ease of use and support trustworthiness of AFX Group and Questrade side by side.

If you're itching to start trading, we can assist you in making a well-informed decision when comparing AFX Group and Questrade. By comprehensively comparing AFX Group and Questrade features and services, you can choose a trading platform that best suits your needs and preferences. We aim to equip you with the knowledge to make an educated decision and feel confident in your trading journey with AFX Group, Questrade or an alternative broker.

Our Comparebrokers.co team has painstakingly spent months assessing different brokers accounts. We collected over 1200 data points on AFX Group and Questrade. To simplify things, we analyzed everything for you and provide the main points in relevant blocks on this page.

Regulation alongside currency availability is important when deciding upon a broker. It is very important when selecting a broker like the AFX Group platform or Questrade that they are regulated. To finish off our comparison, let's look at the popular tools and features traders prefer side by side.


AFX Group

(0/5)
Benefits of AFX Group?
  • Established in 1996
  • AFX Group have been in business for 28 years.
  • Head quarters in Cyprus.
  • Live Chat
  • AFX Group Min deposit $200
AFX Group screenshot afxgroup sign up here
Your capital is at risk
Reputation Support
Good
Good

AFX Group Regulation

AFX Group is regulated by the Unregulated.

Excluded Countries

US

AFX Group Fees

Deposit fee
Commission
Inactivity fee
Withdrawal fee varies
Min trade varies
Max trade varies
Min deposit $200
View all spreads
& fees here
Your capital is at risk

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all AFX Group
funding options here
Your capital is at risk

AFX Group Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

AFX Group Platforms

MT4

AFX Group Languages

English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

See AFX Group
features here
Your capital is at risk

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See AFX Group
instruments here
Your capital is at risk

AFX Group Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the AFX Group website. Our records were last updated on .

Visit AFX Group today
Your capital is at risk

Questrade

(3/5)
Benefits of Questrade?
  • Established in 2008
  • Questrade have been in business for 16 years.
  • Head quarters in Canada.
  • Live Chat
  • Questrade Min deposit $1000
Questrade screenshot questrade sign up here
Your capital is at risk
Reputation Support
Good
Good

Questrade Regulation

Questrade is regulated by the Organization of Canada (IIROC).

Excluded Countries

UK, US

Questrade Fees

Deposit fee
Commission
Inactivity fee
Withdrawal fee varies
Min trade $ 4.95
Max trade varies
Min deposit $1000
View all spreads
& fees here
Your capital is at risk

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all Questrade
funding options here
Your capital is at risk

Questrade Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

Questrade Platforms

Mac OSX 10.6 and higher, Linux.

Questrade Languages

English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

See Questrade
features here
Your capital is at risk

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See Questrade
instruments here
Your capital is at risk

Questrade Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the Questrade website. Our records were last updated on .

Visit Questrade today
Your capital is at risk

IC Markets

(4/5)
Benefits of IC Markets?
  • Established in 2007
  • IC Markets have been in business for 17 years.
  • Head quarters in Australia.
  • Live Chat
  • Segregates clients funds
  • IC Markets Min deposit $200
IC Markets screenshot IC Markets sign up here
Losses can exceed deposits
Reputation Support
Good
Good

IC Markets Regulation

IC Markets is regulated by the Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).

Excluded Countries

US, IR, CA, NZ, JP

IC Markets Fees

Deposit fee Varies
Commission Yes
Inactivity fee No
Withdrawal fee No
Min trade 0.01 Lot
Max trade None
Min deposit $200
View all spreads
& fees here
Losses can exceed deposits

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all IC Markets
funding options here
Losses can exceed deposits

IC Markets Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

IC Markets Platforms

MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android

IC Markets Languages

English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more

See IC Markets
features here
Losses can exceed deposits

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See IC Markets
instruments here
Losses can exceed deposits

IC Markets Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the IC Markets website. Our records were last updated on .

Visit IC Markets today
Losses can exceed deposits

AFX Group Vs Questrade Table of Contents

AFX Group and Questrade in Detail

AFX Group Review Screenshot

The AFX Group online trading platform gives traders from all over the world access to over 27 financial instruments including over 194 available instruments. There are over 10,000+ registered customers that have taken advantage of the AFX Group platform.

AFX Group are regulated by Unregulated.

AFX Group Review Screenshot

Questrade is a renowned Canada financial trading brokerage established in 2008.

Questrade serves customers globally and are regulated by Organization of Canada (IIROC). Depending on the country you are trading from AFX Group may serve you from a different business entity to comply with its financial regulators.

Questrade is listed as a publically traded company on a major stock market. As part of their regulatory requirements Questrade has to disclose a yearly report publically. Because of this extra level of auditing and regulation Questrade can be considered trustworthy. AFX Group is listed as a publically traded company so are a reputable broker.

Benefits of AFX Group and Questrade Compared

Below, we will give you a summary of the benefits AFX Group and Questrade offer side by side.

AFX Group offers a minimum deposit of 200 while Questrade have a 1000 minimum deposit.

Why smaller trading deposits are good and how AFX Group and Questrade compare

One primary and self-evident factor to remember is that you must only deposit an amount that fits your financial capacity with either AFX Group or Questrade. If you have limited financial resources, the broker with the most affordable deposit option will be more appealing. AFX Group requires a minimum deposit of 200, whereas Questrade mandates a minimum deposit of 1000. One additional factor to consider while venturing into more precarious yet potentially lucrative financial instruments is to limit your speculation to a modest proportion of your designated trading funds. It's advisable not to be deterred by a broker's higher minimum deposit, whether it's AFX Group or Questrade, and instead focus on the comprehensive trading features offered by their platform. Frequently, a higher minimum deposit provides access to a wider range of financial assets and research tools on the trading platform.

AFX Group allows traders to trade up to 27 financial instruments while Questrade have around 194 on their trading platform.

The more instruments available on AFX Group and Questrade trading platforms the more potential financial instruments you can buy or sell for your portfolio. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of AFX Group or Questrade.

The AFX Group trading platform has 0 stocks listed while Questrade has 0 stocks listed.

AFX Group allows retail traders to trade the following assets Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing on the AFX Group MT4 trading platforms.

Alternatively Questrade allows retail traders to trade Forex trading, Spread Betting, Share Dealing on the Questrade Mac OSX 10.6 and higher, Linux. trading platforms.

Compare AFX Group and Questrade in more detail below.

Drawbacks of AFX Group and Questrade Compared

Below we compare what drawbacks AFX Group and Questrade have side by side.

Various potential downsides can be associated with certain brokers, including AFX Group and Questrade. One primary drawback is the potential restrictions that may be imposed. Generally, the more diverse investment options available, the more favourable the situation. Another critical aspect to consider is the trading fees and commissions charged by AFX Group compared to Questrade. High trading fees and commissions can significantly impact potential profits. Additionally, essential factors to consider are the quality of trading research tools, educational resources, and the overall user-friendliness of AFX Group versus Questrade.

Broker afxgroup questrade IC Markets
Inactivity Fees No
Withdrawl Fees varies varies No
Withdrawal Processing Time Varies Varies Varies
Min Deposit 200 1000 200
Social Trading Yes No Yes
Excluded Countries US UK, US US, IR, CA, NZ, JP

AFX Group Vs Questrade Available Financial Markets

The saying 'Variety is the spice of life' holds for financial markets. It is always advisable to have a diversified investment portfolio whether trading with AFX Group or Questrade. A diversified portfolio with AFX Group or Questrade can safeguard your investments from significant downturns in any particular market. For instance, when one stock rises, others may follow suit.

Conversely, when the market takes a downturn, it can be disastrous for your investments. The most effective investment portfolios cover potential risks and encompass many businesses and stocks. When creating a diverse investment portfolio with brokers like AFX Group or Questrade, it is recommended to have access to a variety of tradable assets, commodities, and securities on different trading platforms such as AFX Group and Questrade.

Broker afxgroup questrade IC Markets
Instruments Available 27 194 2250
Offers share dealing Yes Yes Yes
Number of Shares 0 0 2,100
Offers US Stocks No Yes Yes
Offers UK Stocks Yes No Yes
Offers German Stocks No No Yes
Offers Japanese Stocks No No Yes
Offers Indices Trading Yes Yes Yes
Number of Commodities 0 0 20
Offers Metals Commodities Yes Yes Yes
Offers Energy Commodities Yes Yes Yes
Offers Agricultural Commodities Yes Yes Yes
Offers Forex Trading Yes Yes Yes
Number of Forex Pairs 61
Offers Major Forex Pairs Yes Yes Yes
Offers Minor Forex Pairs No No Yes
Offers Exotic Forex Pairs Yes No Yes
Offers CFD Trading Yes No Yes
Offers Social Trading Yes No Yes

AFX Group Vs Questrade Cryptocurrency Trading

Since the creation of Bitcoin, the world of cryptocurrencies has been booming, including on trading platforms like Both AFX Group and Questrade, and it's not difficult to see why. Cryptocurrencies have the potential to turn modest investments into millions, although this is a rare occurrence. This feat is hard to achieve compared to other financial instruments like stocks and shares. Both AFX Group and Questrade offer some form of cryptocurrency trading.

Bitcoin is the most popular cryptocurrency, but thousands of altcoins could experience a similar rise. Altcoins follow the same trajectory as Bitcoin, similar to how stocks rise and fall with the market.

Investing in cryptocurrencies with AFX Group or Questrade is considered a high-risk venture. The prices of cryptocurrencies can experience extreme highs and lows. If you choose to invest in cryptocurrencies, allocating only a fraction of your portfolio or trading budget to it is essential. Crypto trading with AFX Group or Questrade could lead to one of the most exciting trades you've ever made, depending on the market. Please remember that cryptocurrency availability on AFX Group, Questrade, and all brokers are subject to regulation.

We compare AFX Group vs Questrade Crypto options below side by side.

Broker afxgroup questrade IC Markets
Allows Cryptocurrency Trading (availability subject to regulation) No No Yes
Cryptocurrencies Offered BTC, BCH, ETH, LTC, DASH, XRP, EOS, EMC, NMC, PPC

AFX Group Vs Questrade Commission and Fees

knowing your trading and commission fees with AFX Group vs Questrade is extremely important. For the majority of the AFX Group 27 financial instruments and Questrade 194 available financial instruments .

The price you are being presented with will factor in the fee the broker takes. For example, if a financial asset is at 79.6. You might have to pay 79 to enter. Therefore, you will start with a small loss with AFX Group and Questrade. The bigger the fee, the bigger the issue is. Most alarmingly, some financial assets charge you to hold on to the asset overnight or over the weekend. Some commodities and stocks you are using leverage on may have overnight charges. Please check your fees with AFX Group and Questrade before you invest because you must know what you are paying.

You ideally want to choose a broker like AFX Group or Questrade that does not charge too much for withdrawal fees. High trading fees and commissions will eat into your profits. The fees will be noticeable if you have a low budget and do not intend to invest so much with AFX Group or Questrade. You want the withdrawal fee to be less than one per cent of what you are withdrawing but, more ideally, $5 to $10.

Your location or residence will have an impact on your potential AFX Group and Questrade fees, of course. Make sure you do your research and check the commission and fees with both AFX Group and Questrade before you invest anything.

Some brokers will charge inactivity fees. As the name suggests, this occurs when you have been inactive on your account for a certain period. Also, with AFX Group or Questrade be aware of or 3rd party payment provider fees and currency conversion fees.

Both AFX Group and Questrade do charge inactivity fees.

Numerous notifications are usually sent to you as a reminder of dormant AFX Group and Questrade accounts, giving you sufficient time to decide on the appropriate course of action. You can opt to continue using your AFX Group or Questrade account, or choose to close it.

Usually, the associated fees for dormant AFX Group or Questrade accounts are quite minimal, and there is no need to panic, particularly when the issue can be easily resolved. It's always advisable to keep track of your live AFX Group or Questrade trading account activity to avoid any unnecessary fees or charges.

When you deposit money to a broker like AFX Group or Questrade you might need to pay deposit fees. The lower, the better. Most preferably, you would have to pay AFX Group or Questrade nothing for this. If this is the case, it can be a big problem. Constant deposits will eat into your profit, so this will take some consideration before you sign up.

Let's see how AFX Group vs Questrade compare side by side for commissions and fees.

Broker afxgroup questrade IC Markets
Min Deposit 200 1000 200
Inactivity Fees No
Withdrawal Fees varies varies No
Deposit Fees Varies

AFX Group Vs Questrade Trading Platforms

We live in an accessible world these days. Therefore, your trading platform has to consider this. The ability to trade with the click of a button is essential and allows you to make trading decisions on the AFX Group and Questrade platforms when convenient. Without this, you cannot take advantage of every situation that may or may not occur in the financial markets.

Some brokers offer bespoke trading platforms, so if a particular broker does not offer the trading software you are looking for, their proprietary trading platform may be better. You must test this yourself with an AFX Group or Questrade demo account.

Broker afxgroup questrade IC Markets
Offers MT4 Yes No Yes
Offers MT5 No No Yes
Offers cTrader No No Yes

AFX Group Vs Questrade Mobile Trading

Trading on your mobile with AFX Group and Questrade can be very useful. Why is this? Well, the stock market sees market movement every second. If you are not near your desktop computer, you will probably be near and have access to your phone and AFX Group and Questrade mobile trading apps. This way, you can take advantage of all potential trading opportunities mobile trading with AFX Group or Questrade. For example, a stock might move to an all-time low when you are out. In this instance, having access to mobile trading with AFX Group or Questrade can help limit your risk and trade on the move.

If you own an iPhone, having an IOS Apple mobile trading app with AFX Group or Questrade is essential. Likewise, if you have an android phone, it's crucial to verify if AFX Group or Questrade broker provides an app compatible with Android devices. If you use Microsoft Windows tablets or phones, you must also check if AFX Group and Questrade have trading apps compatible with your device.

Broker afxgroup questrade IC Markets
Web Platform Yes Yes Yes
IOS Trading App yes Yes
Android Trading App yes Yes
Microsoft Trading App yes Yes

AFX Group Vs Questrade Trading Account Types Offered

AFX Group Vs Questrade Demo Account

A demo account with AFX Group or Questrade is extremely useful for people without trading experience. This way, you risk none of your money and test your trading skills in a safe environment. For people with next to no knowledge of trading, we recommend fully signing up with an AFX Group and Questrade demo account.

AFX Group Vs Questrade Micro Account

Micro accounts are trading accounts used by Forex traders that allow them to trade with smaller amounts of capital than standard trading accounts. Micro accounts require a smaller minimum deposit, usually ranging from $1 to $500, and offer smaller trade sizes than standard accounts, allowing traders to manage their risk more effectively.

If you need a micro account check if AFX Group or Questrade offer micro trading accounts in your region.

Overall, micro accounts provide a flexible and cost-effective way for Forex traders to enter the market and gain valuable trading experience while minimizing risks. However, traders need to remember that Forex trading carries significant risks, and they should always approach trading with caution and sound risk management strategies.

AFX Group and Questrade do not offer Micro accounts.

AFX Group Vs Questrade Standard Account

A standard account is available on AFX Group and Questrade to more experienced traders. This account allows users to trade on stocks, commodities, crypto etc. To open one of these retail investor accounts, users must trade with at least $100. Standard trading accounts are what the majority of people will seek to use.

AFX Group does not offer clients Standard accounts, while Questrade does offer clients Standard accounts.

AFX Group Vs Questrade MAM Account

A MAM (Multi-Account Manager) account is typically used by professional traders. It allows a trader to manage multiple individual trading accounts from a single master account, making it easier to execute trades and manage risk across multiple clients. MAM accounts can help streamline the trading process and improve efficiency for trader and their clients. If you need a MAM account check if MAM accounts are available with AFX Group or Questrade or alternative.

AFX Group and Questrade do not offer clients MAM accounts.

AFX Group Vs Questrade ECN Account

The primary purpose of ECN accounts is to provide traders with faster execution speeds and better pricing by connecting them directly to the market. ECN accounts allow traders to exploit the tightest spreads and access the deepest liquidity pools.

ECN accounts are used for fast and efficient trading, with lower transaction costs and greater transparency. While they may not be suitable for all traders, those with the necessary experience and expertise can benefit greatly from using an ECN account.

If you need a ECN account check they are available with AFX Group or Questrade or alternative.

AFX Group does offer clients ECN accounts, while Questrade does not offer clients ECN accounts.

AFX Group Vs Questrade Islamic Account

An Islamic account is for people who respect the Quran and want to invest in the Islamic stock market. Islamic trading accounts might seem very niche, but it is essential for those concerned as it follows certain ethics concerning the principles of Islam. They are also referred to as swap-free accounts.

If you need a Islamic account check they are available with AFX Group or Questrade or alternative.

AFX Group does offer clients Islamic accounts, while Questrade does not offer clients Islamic accounts.

AFX Group Vs Questrade STP Account

Straight Through Processing or STP is where a requested client's trade orders are sent directly to the markets. STP brokers aim to reduce all conflicts of interest. STP is a non-dealing desk trading method aimed mainly at Forex traders.

If you need a STP account check they are available with AFX Group or Questrade or alternative.

AFX Group does offer clients STP accounts, while Questrade does not offer clients STP accounts.

AFX Group Vs Questrade Managed Account

A managed account is a type of investment account where a professional manager or investment firm is responsible for making investment decisions on behalf of the account owner. The account owner typically retains ownership of the underlying assets but delegates responsibility for managing those assets to the manager.

While some managed accounts require significant investment minimums to access the services of a professional manager, many brokers now offer variations of managed accounts that can be accessed with smaller investment amounts. It's important to note that the fees associated with managed accounts can vary widely depending on the level of service the manager provides and the investment strategy employed. Investors should carefully evaluate the costs and benefits of managed accounts before making an investment decision.

AFX Group and Questrade do not offer clients Managed accounts.

Broker afxgroup questrade IC Markets
Offers Demo Accounts Yes Yes Yes
Offers Micro Accounts No No No
Offers Standard Accounts No Yes Yes
Offers MAM Accounts No No Yes
Offers ECN Accounts Yes No No
Offers Islamic Accounts Yes No Yes
Offers STP Accounts Yes No No
Offers Managed Accounts No No No

AFX Group Vs Questrade Withdrawal and Funding Methods

AFX Group and Questrade have multiple deposit and withdrawal options. Funding and withdrawing from your AFX Group and Questrade accounts to your chosen payment method should be straightforward. Lets see how AFX Group and Questrade compare with each other. Be aware that depending on your payment method, there may be additional processing fees from your payment provider or bank for processing and converting your funds. Not all potential fees will come from AFX Group or Questrade.

Broker afxgroup questrade IC Markets
Payment Methods Credit cards, American Express, Bank Transfer, Bank Transfer, Electronic wallets (eWallets), Credit cards, Debit Cards, PayPal, Wire Transfer, Neteller, Neteller VIP, Skrill, UnionPay, Bpay, FasaPay, Broker to Broker, POLI, Thai Internet Banking, RapidPay, Klarna, Vietnamese Internet Banking, Online Digital Wallets, USDT (Tether),

AFX Group Vs Questrade Customer Support Compared

Customer support is essential when trading. Even professional traders will eventually need the help of AFX Group or Questrade support. Customer support is especially important for traders starting with little knowledge. If you are starting out, you will want to ensure the AFX Group and Questrade support is always available when needed. AFX Group and Questrade customer support is not just useful. broker customer support is crucial to your trading success!

AFX Group Vs Questrade Live Chat

Live chat is important for several reasons. When you encounter a problem with AFX Group or Questrade trading platforms, it is nice to know that the problem has the potential to be sorted out then and there. Also, speaking to someone live is much less frustrating than speaking to someone through several emails.

Both AFX Group and Questrade offer livechat support.

AFX Group Vs Questrade Email Support

When trading CFDs, stocks, commodities, currencies, cryptocurrencies or any other financial instruments with either AFX Group or Questrade you will find Email support is also very useful. Sometimes you might have a more complex question requiring a specific part of the AFX Group or Questrade support team to answer satisfactorily. Email support with AFX Group and Questrade will be needed.

Both AFX Group and Questrade offer email support.

AFX Group Vs Questrade Phone Support

Although most queries can be resolved with the need of a phone call, it is nice when we can explain ourselves with a live human being at either AFX Group or Questrade. We can get straight to the point, saving us time and frustration.

Both AFX Group and Questrade offer phone support.

Lets see how AFX Group and Questrade customer support compare side by side.

Broker afxgroup questrade IC Markets
Offers Live Chat Yes Yes Yes
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Support Email [email protected] [email protected]
Phone +357 25262710 1.888.783.7866 No

AFX Group Vs Questrade Regulation and Licensing

Never trade on a market that is not sufficiently regulated. Only submit your bank card information or invest money on financially regulated websites. It would help if you made sure with certainty that your money is held with a regulated brokerage. Checking whether AFX Group and Questrade are regulated is not a hard task. The more reputable and mainstream brokers will proudly display their regulation certificates on their site, and if you cannot see that AFX Group or Questrade have these in place, please be extremely cautious before you proceed with them.

We compare AFX Group Vs Questrade financial regulation and licensing side by side below.

Broker afxgroup questrade IC Markets
FCA Regulation No No No
CySEC Regulation No No Yes
MiFID Regulation No No No
ASIC Regulation No No Yes
FSCA Regulation No No No
DFSA Regulation No No No
MAS Regulation No No No

AFX Group Vs Questrade Risk Management Features

When trading with either AFX Group or Questrade you will want to understand and make full use of all the risk management features on your AFX Group or Questrade trading platforms.

We compare side by side the trading risk management features offered by AFX Group and Questrade below.

AFX Group Vs Questrade Hedging

What is hedging? Have you ever heard of the expression 'to hedge ones bets'? Hedging means not speculating solely on the outcome of one event, as holding all your assets in one place could be risky. Hedging in finance means being able to trade to protect yourself from huge risks by limiting risk using diversification. Hedging can be done, for example, by speculating on a stock to rise and against it to rise by using different amounts or different amounts of leverage.

AFX Group and Questrade do not offer clients hedging.

AFX Group Vs Questrade Stop Loss

Stop loss orders are very useful for more volatile investments, especially when speculating on a stock or Forex currency pair. In a normal trade, you cannot lose more than what you invested, but this is not the case when you are using leverage. Under these terms, it is always good to set a stop loss to protect yourself from any vicious results.

Both AFX Group and Questrade do offer clients stop losses. Stop Loss and Take Profit are not guaranteed on AFX Group or Questrade. You must still monitor any live trades and your financial exposure and financial risk.

AFX Group Vs Questrade Limit Orders

Every broker should allow users to place a limit order. Limit orders are when you have the order to buy a financial instrument at a specific price. Your trade will be executed when the financial asset hits a set price. Limit orders are extremely useful as they allow you to buy stock at a better price! It would be very time-consuming to wait for a stock to fall to a price you would ultimately be satisfied by. Therefore, you can already imagine what helping limit orders can be in your trading career.

Both AFX Group and Questrade do offer clients limit orders.

AFX Group Vs Questrade Negative Balance Protection

Negative balance protection is there to protect its customers. Customers need protection as trading can be volatile, and not everybody who invests knows the full consequences of their trade.

Negative balance protection works like this: Say you invest $50, but your trade can lose $125 because you have used leverage. You will need $125 available in your account to do this trade. Negative balance protection is essential, as it would be unfortunate if you received an unexpected bill from a broker one day.

Both AFX Group and Questrade do offer clients negative balance protection.

Broker afxgroup questrade IC Markets
Offers Hedging No No Yes
Negative Balance Protection Yes
Guaranteed Stop Loss No
Offers Limit Orders Yes
Offers Trailing Stops Yes

AFX Group Vs Questrade Verdict

We hope this AFX Group Vs Questrade guide has helped you decide who is best to trade with out of AFX Group and Questrade.

When choosing a broker like AFX Group or Questrade for trading, it's important to ensure your money is held in a segregated bank account. Your live trading funds with AFX Group or Questrade are kept separate from the broker's funds and can be returned to you if the broker faces financial difficulties or insolvency when signing up with brokers such as AFX Group or Questrade, it's crucial to verify that they offer this safeguard. By doing so, you can have greater peace of mind and confidence in the safety of your funds as you engage in trading activities with AFX Group or Questrade.

Also, before you sign up with online brokers like AFX Group or Questrade, make sure you know what you are doing. Simple advice, we admit, but we know from experience how many people decide to start trading and then ask questions later. Please know what you are doing with AFX Group or Questrade before investing money into something.

Beware of the risks that come with trading with AFX Group or Questrade. The financial markets can be volatile, and investments can go down and up. Educate yourself, and use all AFX Group and Questrade educational resources and financial research tools. If you are new to trading, sign up for a demo account with AFX Group and Questrade to find which suits you and your trading style.

Some of you might be thinking about what we mean when we say 'trading style'. Here are a few examples. A day trader using AFX Group or Questrade will look to open positions and close them on the same day. Day trading in this way will require a broker that specialises in this. To do this with some brokers would be a bad idea because of the commission and fees involved. Check if AFX Group and Questrade fees match your trading requirements.

Alternatively, you could be on the end of this scale and decide to wait years before you close your investments with AFX Group or Questrade if your investment strategy is more long-term.

AFX Group and Questrade Alternatives

If AFX Group and Questrade are not what you are not quite what you are looking for we list some of the best AFX Group and Questrade alternatives below.

Other AFX Group and Questrade Vs Comparisons

If you are still looking for an alternative to AFX Group and Questrade and want to see how AFX Group or Questrade compares Vs other brokers check out the AFX Group Vs and Questrade Vs list below.

AFX Group Vs Alternatives

Still not happy have a look at some of our alternative AFX Group Vs side by side comparisons below

Questrade Vs Alternatives

Still not happy have a look at some of our alternative AFX Group Vs side by side comparisons below

AFX Group Vs Questrade Frequently Asked Questions

We answer some of the most frequently asked AFX Group Vs Questrade questions below.

Is AFX Group any Good?

Knowing that a broker is legit is the first thing you should check before signing up with a broker. Is AFX Group legit? - AFX Group are regulated by Unregulated and have been in business since 1996

Is Questrade any Good?

Questrade are regulated by Organization of Canada (IIROC) and have been in business since 2008.

Which is better AFX Group or Questrade?

AFX Group and Questrade do not have a high rating, so we recommend trading with a more reputable alternative broker.

Is AFX Group a con?

AFX Group is regulated by Unregulated and have been in business since 1996. We recommend looking at a AFX Group alternative that has more financial regulation.

Is Questrade a con?

Questrade is regulated by Organization of Canada (IIROC) and have been in business since 2008. We recommend looking at a Questrade alternative that has more financial regulation.

What happens if AFX Group or Questrade go bust?

AFX Group and Questrade are regulated, which means that as part of their regulatory obligations AFX Group and Questrade have to offer a certain level of financial protection to their clients. AFX Group and Questrade should by law keep client funds separate from AFX Group and Questrade funds. If either AFX Group or Questrade goes bankrupt, they should not have access to your money. Customer accounts should be segregated. A financial services compensation scheme differs from country to country, so check this on the AFX Group and Questrade websites and regulators.

Are AFX Group or Questrade good for beginners?

AFX Group and Questrade offer low deposits and access to a selection of market insights and news resources. Both AFX Group and Questrade offer demo accounts. Demo trading accounts are a big plus for AFX Group and Questrade as it shows they are interested in their customers.


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