WikiFX

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Based on my direct experience and careful evaluation, Questrade does not currently allow the use of Expert Advisors (EAs) or any other form of automated trading via popular platforms like MetaTrader (MT4/MT5), as these are not supported. The available trading platforms—such as Questrade Trading, QuestMobile, Questrade Edge, and Questrade Global—are proprietary and do not provide compatibility with third-party automated trading software. For me, as someone who occasionally relies on EAs for backtesting and automating specific strategies, this is a considerable limitation. Questrade’s focus seems to be on manual trading and longer-term investing across a broad range of instruments, which may appeal to those who prioritize security and regulatory oversight, given their CIRO regulation in Canada. However, for forex traders or those who rely heavily on EAs to execute complex or high-frequency strategies, this restriction can impact flexibility and efficiency. My attempts to automate trades or implement algorithmic systems were hindered by this limitation, which influenced my overall assessment of their suitability for active, algorithmic trading styles. Therefore, while Questrade may serve manual traders and investors well, those seeking robust EA support should be aware of this gap and consider it carefully against their trading needs.