Comparison of Admirals and Questrade
| Feature | Admirals | Questrade |
|---|---|---|
| Broker | ||
| Year Founded | 2001 | 1999 |
| Broker Type | STP | DMA |
| Dealing | A-book | A‑book |
| Execution | Market | Market |
| Regulation | CySEC, JSC, FCA, EFSA, ASIC, FSCA, CMA, SFSA | CIRO |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | Questrade Edge, Questrade Trading, QuestMobile, Questrade Global |
| Spread | ⬊ Low | ⬊ Low |
| Maximum Leverage | 1:1000 | 1:20 |
| Minimum Deposit | $25 | $250 |
| Base Currencies | USD, EUR, GBP, AUD, BRL, MXN, CLP, SGD, THB, VND | CAD, USD |
| Funding Methods | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, Bitcoin (BTC), Tether (USDT), USD Coin (USDC), Ethereum (ETH) | Bank Wire, Electronic Funds Transfer (EFT), Pre‑authorized Deposit, Online Bill Payment, Visa Debit |
| Inactivity Fee | $10 per month after 24 months | ✖ |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) | CIPF |
| Protection Size | £85 000 / €20 000 | CAD 1000000 |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✖ |
| Guaranteed Stop Loss | ✖ | ✖ |
| Copy Trading | ✖ | ✖ |
| VPS | ✔ | ✖ |
| MAM/PAMM | ✖ | ✖ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✔ | ✔ |
| Tradable Assets (CFDs) | Currencies, Indices, Stocks, ETFs, Bonds, Metals, Energies, Soft Commodities, Cryptocurrencies | Stocks, ETFs, Options, Mutual Funds, Bonds, Precious Metals, Forex, CFDs |
| Review | Admirals Review | Questrade Review |
About Admirals
Admirals is a reputable forex broker renowned for its robust trading platforms, competitive pricing, and comprehensive range of financial instruments. Catering to both beginner and experienced traders, Admirals offers access to a diverse selection of currency pairs, commodities, indices, cryptocurrencies, and more. The broker is regulated by several top-tier financial authorities, ensuring a high level of security and transparency for its clients. Admirals also provides extensive educational resources, including webinars, tutorials, and market analysis, which help traders enhance their skills and make informed decisions. Additionally, their customer support is highly responsive and available through multiple channels, making Admirals a reliable choice for traders seeking a balanced and user-friendly trading experience.
Pros
- Regulated by multiple reputable financial authorities
- Access to numerous currency pairs, commodities, indices, cryptocurrencies, and more
- Offers tight spreads and low trading fees
- Supports MetaTrader 4 and MetaTrader 5
- Comprehensive tutorials, webinars, and market analysis
- Responsive and available through various channels
Cons
- Services may not be available in all countries, limiting accessibility for some traders
- Certain regions may incur fees for withdrawals, which can affect overall profitability
About Questrade
Questrade is Canada’s leading discount broker, founded in 1999. Regulated by CIRO and protected by CIPF, it lets Canadian residents trade stocks, ETFs, options, bonds and 110+ forex pairs from a single account. With commission‑free equity trades, spreads from 0.8 pips on FX and advanced Questrade Edge platforms, it appeals to both long term investors and active traders.
Pros
- Commission‑free stock & ETF trades
- 110+ FX pairs with tight 0.8 pip targets
- Advanced Questrade Edge desktop and web platforms
- CIPF protection plus extra private insurance
- Fractional shares and wide range of registered accounts
Cons
- Accounts available to Canadian residents only
- No direct crypto trading (ETFs only)
- No negative‑balance protection
- Limited funding methods for non‑bank transfers
Admirals & Questrade Regulation
| Feature | Admirals | Questrade |
|---|---|---|
Companies | Admiral Markets Cyprus Ltd, Admiral Markets AS Jordan Ltd, Admiral Markets UK Ltd, Admiral Markets Group, Admirals AU Pty Ltd, Admirals SA (Pty) Ltd, Admirals KE Ltd, Admirals SC Ltd | Questrade, Inc., Questrade Wealth Management Inc. |
Countries | Cyprus, Jordan, United Kingdom, Estonia, Australia, South Africa, Kenya, Seychelles | Canada |
Regulators | CySEC, JSC, FCA, EFSA, ASIC, FSCA, CMA, SFSA | CIRO |
Investor Protection | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) | CIPF |
Investor Protection Size | £85 000 / €20 000 | CAD 1000000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
Admirals
Admiral Markets Cyprus Ltd, Admiral Markets AS Jordan Ltd, Admiral Markets UK Ltd, Admiral Markets Group, Admirals AU Pty Ltd, Admirals SA (Pty) Ltd, Admirals KE Ltd, Admirals SC Ltd
Questrade
Questrade, Inc., Questrade Wealth Management Inc.
Countries
Admirals
Cyprus, Jordan, United Kingdom, Estonia, Australia, South Africa, Kenya, Seychelles
Questrade
Canada
Regulators
Admirals
CySEC, JSC, FCA, EFSA, ASIC, FSCA, CMA, SFSA
Questrade
CIRO
Investor Protection
Admirals
UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF)
Questrade
CIPF
Investor Protection Size
Admirals
£85 000 / €20 000
Questrade
CAD 1000000
Publicly Traded
Admirals
Questrade
Segregated Accounts
Admirals
Questrade
Guaranteed Stop Loss
Admirals
Questrade
Negative Balance Protection
Admirals
Questrade
Account Types
| Account | Admirals | Questrade |
|---|---|---|
STP Account | ||
| Account Name | Trade | — |
| Min Deposit | $25 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.6 | — |
| Fee | No | — |
| Max Leverage | 1:1000 | — |
| Stop Out | 30% | — |
| Margin Call | 100% | — |
Zero Account | ||
| Account Name | Zero | — |
| Min Deposit | $25 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0 | — |
| Fee | $6 per 1 lot | — |
| Max Leverage | 1:1000 | — |
| Stop Out | 30% | — |
| Margin Call | 100% | — |
DMA Account | ||
| Account Name | — | FX & CFD |
| Min Deposit | — | $250 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0.8 |
| Fee | — | No |
| Max Leverage | — | 1:20 |
| Stop Out | — | 50% |
| Margin Call | — | 80% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
STP Account
Account Name
Admirals
Trade
Questrade
—
Min Deposit
Admirals
$25
Questrade
—
Lot Size
Admirals
0.01
Questrade
—
Spread Type
Admirals
Floating
Questrade
—
Execution
Admirals
Market
Questrade
—
Min Spread
Admirals
0.6
Questrade
—
Fee
Admirals
No
Questrade
—
Max Leverage
Admirals
1:1000
Questrade
—
Stop Out
Admirals
30%
Questrade
—
Margin Call
Admirals
100%
Questrade
—
Zero Account
Account Name
Admirals
Zero
Questrade
—
Min Deposit
Admirals
$25
Questrade
—
Lot Size
Admirals
0.01
Questrade
—
Spread Type
Admirals
Floating
Questrade
—
Execution
Admirals
Market
Questrade
—
Min Spread
Admirals
0
Questrade
—
Fee
Admirals
$6 per 1 lot
Questrade
—
Max Leverage
Admirals
1:1000
Questrade
—
Stop Out
Admirals
30%
Questrade
—
Margin Call
Admirals
100%
Questrade
—
DMA Account
Account Name
Admirals
—
Questrade
FX & CFD
Min Deposit
Admirals
—
Questrade
$250
Lot Size
Admirals
—
Questrade
0.01
Spread Type
Admirals
—
Questrade
Floating
Execution
Admirals
—
Questrade
Market
Min Spread
Admirals
—
Questrade
0.8
Fee
Admirals
—
Questrade
No
Max Leverage
Admirals
—
Questrade
1:20
Stop Out
Admirals
—
Questrade
50%
Margin Call
Admirals
—
Questrade
80%
Additional Features
Demo Account
Admirals
Questrade
VIP Account
Admirals
Questrade
Swap-Free Account
Admirals
Questrade
Copy Trading
Admirals
Questrade
VPS
Admirals
Questrade
PAMM/MAM Accounts
Admirals
Questrade
Funding and Fees
| Feature | Admirals | Questrade |
|---|---|---|
Base currencies | USD, EUR, GBP, AUD, BRL, MXN, CLP, SGD, THB, VND | CAD, USD |
Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, Bitcoin (BTC), Tether (USDT), USD Coin (USDC), Ethereum (ETH) | Bank Wire, Electronic Funds Transfer (EFT), Pre‑authorized Deposit, Online Bill Payment, Visa Debit |
Inactivity fee | $10 per month after 24 months | |
Interest on margin | ||
Withdrawal fee |
Base currencies
Admirals
USD, EUR, GBP, AUD, BRL, MXN, CLP, SGD, THB, VND
Questrade
CAD, USD
Deposit and withdrawal methods
Admirals
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, Bitcoin (BTC), Tether (USDT), USD Coin (USDC), Ethereum (ETH)
Questrade
Bank Wire, Electronic Funds Transfer (EFT), Pre‑authorized Deposit, Online Bill Payment, Visa Debit
Inactivity fee
Admirals
$10 per month after 24 months
Questrade
Interest on margin
Admirals
Questrade
Withdrawal fee
Admirals
Questrade
Trading Platforms and Conditions
| Feature | Admirals | Questrade |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | Questrade Edge, Questrade Trading, QuestMobile, Questrade Global |
Execution Speed | 150 ms | 10 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Platforms
Admirals
MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Questrade
Questrade Edge, Questrade Trading, QuestMobile, Questrade Global
Execution Speed
Admirals
150 ms
Questrade
10 ms
Scalping
Admirals
Questrade
Expert Advisors (EAs)
Admirals
Questrade
Depth of Market (DOM)
Admirals
Questrade
Spread
Admirals
low
Questrade
low
Trading Assets
| Asset | Admirals | Questrade |
|---|---|---|
Currencies | 82 | 110 |
Indices | 43 | 15 |
Stocks | 3428 | 8000 |
Cryptocurrencies | 21 | 0 |
Bonds | 2 | 100 |
Metals | 7 | 10 |
Energies | 3 | 5 |
Soft Commodities | 7 | 0 |
ETFs | 362 | 3000 |
Currencies
Admirals
82
Questrade
110
Indices
Admirals
43
Questrade
15
Stocks
Admirals
3428
Questrade
8000
Cryptocurrencies
Admirals
21
Questrade
0
Bonds
Admirals
2
Questrade
100
Metals
Admirals
7
Questrade
10
Energies
Admirals
3
Questrade
5
Soft Commodities
Admirals
7
Questrade
0
ETFs
Admirals
362
Questrade
3000
Education and Analytics
| Feature | Admirals | Questrade |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
Admirals
Questrade
Indicators
Admirals
Questrade
Robots
Admirals
Questrade
Signals
Admirals
Questrade
Autochartist
Admirals
Questrade
Expert Analytics
Admirals
Questrade
News Feed
Admirals
Questrade
Education Articles
Admirals
Questrade
Webinars
Admirals
Questrade
Seminars
Admirals
Questrade
Bonuses
| Bonus | Admirals | Questrade |
|---|---|---|
| Welcome Bonus | ||
| Is available | ||
| Size | 100%, up to $5000 | — |
| Details | Learn More | — |
Welcome Bonus
Is available
Admirals
Questrade
Size
Admirals
100%, up to $5000
Questrade
—
Details
Admirals
Questrade
—
Customer Support
| Contact | Admirals | Questrade |
|---|---|---|
Email | global@admiralmarkets.com | support@questrade.com |
Phone | +442081577344 | +18887837866 |
Telegram | Telegram | — |
Facebook | — | |
LinkedIn | ||
YouTube | YouTube | YouTube |
Instagram | ||
Twitter | ||
TikTok | — | TikTok |
Email
Admirals
Questrade
Phone
Admirals
Questrade
Telegram
Admirals
Questrade
—
Facebook
Admirals
—
Questrade
TikTok
Admirals
—
Questrade
Which Broker is Better?
After comparing Admirals and Questrade, Admirals comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
More Comparisons
Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.