FOREX.com vs Questrade: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeFOREX.comQuestrade
Licence Score86Very strong60Moderate
Strongest licence 1 Tier 1 1 Tier 1
Licences on record71
1 FCA United Kingdom Licensed—
1 ASIC Australia Licensed—
1 JFSA Japan Licensed—
1 CFTC / NFA United States Licensed—
1 MAS Singapore Licensed—
1 CIRO Canada LicensedLicensed
2 CySEC Cyprus Licensed—
Founded20011999
HeadquartersUnited StatesCanada
TypeForex & CFD brokerMulti-asset broker
Publicly listedNASDAQ:SNEXNo
PlatformsProprietary, MT4, MT5, TradingViewProprietary, MT4
Minimum depositUS$100—
VisitVisit siteVisit site

Frequently asked questions

Is FOREX.com or Questrade better regulated?

FOREX.com has the higher Licence Score (86 vs 60), based on the number and tier of licences, operating history and public listing.

Which regulators license both FOREX.com and Questrade?

Both are matched to licences from CIRO.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.