WikiFX

Reply

Drawing from my personal experience and research as a forex trader, I can share what I've found about Questrade's trading platforms. Questrade has built its own suite of proprietary platforms rather than supporting third-party options like MT4, MT5, or cTrader. The main platforms available include Questrade Trading (web-based), QuestMobile for iOS and Android, Questrade Edge (accessible via web, desktop, or mobile), and Questrade Global for forex and CFDs. For me, the lack of industry-standard platforms such as MetaTrader 4 or 5 is a significant limitation, especially as MT4/MT5 offer widespread compatibility with automated trading tools and custom indicators—a staple for many active forex traders. While Questrade's in-house platforms provide access to a variety of instruments, including stocks, ETFs, and forex, I found their functionality to be more aligned with traditional investing and light trading than the advanced, algorithmic, or highly technical analysis many MT4/MT5 or cTrader users require. For those of us reliant on EAs (Expert Advisors), custom strategies, or large-scale technical charting, this will be a crucial consideration. I always advise closely examining your own trading style and needs before committing, as platform limitations can affect not just convenience but also the strategies you're able to execute. For me, these factors weigh heavily in broker selection, given the central role reliable and flexible platforms play in risk management and strategy implementation.