B

Bailieu

6.3/10

questrade

7.4/10
7/10RegulationWinner10/10
1/10FeesTied1/10
7/10PlatformsWinner9/10
10/10WinnerEducation & Research6/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Bailieu was founded in 2012 and is headquartered in Australia, while questrade was established in 2019 and is based in New Zealand. Bailieu holds licences including Australian Securities and Investment Commission (ASIC), while questrade is regulated by Financial Conduct Authority (FCA) among others. Bailieu serves 10,000+ clients worldwide; questrade has 10,000+. The minimum deposit is $10000 at Bailieu and $250 at questrade.

questrade wins this category
FeatureBailieuquestrade
Min. Deposit$10000$250
RegulationAustralian Securities and Investment Commission (ASIC)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F298
Founded20122019
CountryAustraliaNew Zealand
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bailieu and questrade, directly affecting your bottom line as a trader. Bailieu has a lower barrier to entry with a minimum deposit of $10000 (vs $250 at questrade). Neither broker charges withdrawal fees. The two brokers are broadly comparable on fee structure.

Tied
FeatureBailieuquestrade
Min. Deposit$10000$250
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoNo
CFD FeesNoYes

Platforms

Bailieu offers MT5, cTrader, while questrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. questrade supports social and copy trading features, which Bailieu does not offer. questrade edges ahead on platform breadth and functionality in our scoring.

questrade wins this category
FeatureBailieuquestrade
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid Apps,iPhone/iPad,DesktopMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Bailieu and questrade compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. Bailieu scores higher overall in education and research.

Bailieu wins this category
FeatureBailieuquestrade
Forex EducationYesNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bailieu accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while questrade supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). questrade uniquely supports PayPal and Skrill and Neteller among the two brokers. questrade scores higher on deposit and withdrawal flexibility.

questrade wins this category
FeatureBailieuquestrade
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Bailieu and questrade offer live chat support. Both provide phone support. Email support is available at both brokers. Bailieu supports 2 languages and questrade supports 8, giving questrade broader global reach. Both brokers are comparable on support quality.

Tied
FeatureBailieuquestrade
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic