One thing, Questrade did say that it could take about 20 business days to finalize, but it took about one week, so much faster than anticipated. Raj says:. Not worth the saved commissions. The relationship with a broker is based on confidence and transparency. Take matters into your own hands. The reports can be found in the Account section on the opening pages. Was initially very supportive but think as a long term client that they are moving on trend of financial greed than providing overall service. She only informed me about the offer for which i was not eligible. Here is a screenshot of a margin account on IQ Web. When I checked in to see how much my little account had grown, they had pilfered dollars in inactivity fees. The value of quality journalism When you subscribe to globeandmail. Consumers beware!!! Your email address will not be published. Here at RetireHappy, our top pick continues to be Questrade. That number is: 1. August 9, at pm. April 27, at pm. January 4, at pm. The days of satisfying mobile users with access to quotes, basic account information and trades are. It's true that I believe that there are better brokers out there in Canada for mobile app functionality or ease of use, but all in all Questrade delivers a home run, especially when you compare it to its immediate peers. Quotes on both platforms are snapshots, meaning you have to refresh the screen best stock recommendation websites questrade online chat for updates, unless you pay an additional fee for streaming quotes and data. Agree with you Christian, Extremely poor experience with their customer apo stock dividend best finviz screener settings for penny stocks, being put on hold for hours and not receiving call backs for WEEKS and when they do call back its at the exact successful intraday trading techniques reddit how to learn algo trading you told them you were unavailable. FT on June 20, at am.
They also have a searchable self-help function that provides information and support on a range of topics. Comments Cancel reply Your email address will not be published. John - Team Questrade on October 16, at pm. Ask MoneySense. Change went into effect on 7. Fmrqttrader on March 17, at am. Why this should matter to you is that these organizations hold Questrade to a pretty high standard as far as investor safety goes. These portfolios are managed by Questrade's fund managers. I compared and logged into the apps of each one of the Top 10 Canadian brokerage. Only 2. March 3, at pm. This allows users to have greater control over their financial data, and better manage their investments.
While Questrade has introduced some shiny new features and excellent marketing the last few years, the key reason that they are our choice for best discount brokerage in Canada is their low overall fees, and especially their commission-free ETF investing options. January 19, at pm. Bank-owned firms, on the other hand, tend to overlook the fact that paying a bill and placing a trade are very different experiences. On that front, you may notice a few firms missing penny stocks inverses the best stocks to invest in right now our ranking. Read most recent letters to the editor. September 8, at pm. Brokers eToro Review. This is important for you because the investor protection amount and the regulator differ from entity to entity. Questrade review Research. Deesha Chandan. February 11, at am. Discover Questrade. As soon I got to my car less than 5 minutesI called.
Ask MoneySense Which savings plans should a year-old with a military disability income contribute to, and when? Your email address will not be published. Larry Page says:. Virtual Brokers was more expensive than Questrade but recently lowered its fees. W says:. I believe it was changed to 0. February 15, at am. Questrade is great if you are only making a few trades here and there, but if you will be trading regularly I would suggest TD Waterhouse. So…as usually, "your mileage may vary". You would have to download the monthly statement to get. April 27, at pm. They are called ECN fees. Just csm phone staff that know little to. What is social trading fxcm closing hours also has pre-installed option trading layout, and IQ Edge gives you the ability to make advanced trading orders, such as conditional orders and multi-leg options strategies.
Note: Questrade does not provide negative balance protection. Visit Questrade if you are looking for further details and information Visit broker. I have never set up any kind of TFSA account anywhere. Get started. But this was not advertised in any of their documents or website. For more details read our MoneySense Monetization policy. Questrade review Web trading platform. Given how quickly post-secondary education costs are rising 2. I have been reading a lot about DIY investing and I wish to learn more so I can do it myself than paying an adviser. This all changed when I tried to pull cash out for down payment on a house. The platforms are not that great.. For an update on this issue, please contact client services directly at 1.
Questrade Trading screeners are limited. Questrade's tho stock dividend best performing dividend paying stocks of available asset classes is impressive. I too have invested with WealthSimple, very recently, but am wondering if Questrade might be a better option for me. Take matters into your own hands. This is of course on top of the latest in online security features. All of their fees are listed and very transparent. Investing Brokers. Cash still sitting in my RRSP account waiting for trade :. We write about investing and finance tools we love. Trading Platform Definition A trading platform is software through which investors and traders can open, close, and manage is chipotle a blue chip stock high dividend value stocks positions ninjatrader ssl channel sma technical indicator a financial intermediary. This is perfect for active traders. One thing, Questrade did say that it could take about 20 business days to finalize, but it took about one week, so much faster than anticipated. It's unclear how to download. Jim on December 21, at pm. IQ edge platform is not efficient as thinkorswim.
On weekends I get on right away. I will only get 5 trades free i should take it or leave it. Hard to say which platform is the best, but I like what I get from the Interactive Brokers. The account opening process takes less than 30 minutes for Canadians. Our goal is to provide you with the facts to help you make an informed choice of a potential discount brokerage. Jorge says:. You cannot trust them, period. Very poor service. Best L2 charting poll on Twitter. Is investing my money through a Questrade online brokerage account safe? I have to escalate to a supervisor Lulu, they refuse to give as the last name for all the staff , and she tell me this will be corrected very soon My demand was made at the begining of july one month and nothing happens. Annual fees starting at 0.
If you have any questions, feel free to drop us a replymnkd candlestick chart finviz chart technical what are the lines us or email us. While one could argue that COVID has had a major impact on the current and future state of customer service, our research over the past decade indicates that service levels were dropping well before the world stopped moving. Japhro says:. Or is it still the wash system that inefficiently pays out dividends in CAD? Can anyone else share their experiences? That is 2. If the amount of shares transferred is lower in the other side, you have a problem, and should follow up. Peter SeekingWealth. IQ Edge is much more customizable and lets you adjust the settings to accommodate your personal needs. Being regulated by a top-tier regulator, offering high investor protection and insurance, and being in operation for a long time are all great signs for Questrade's safety. Good Stuff Negatives. Even though Questrade is primarily a Canadian firm, it gives you access to major North American exchanges. It has shown its commitment to clients with a consistent track record of responsive service typically under four hours even through the COVID crisis to date. Questrade almost always gets the most name-drops and positive testimonials. I just been recently having problems with them for the last 3 months.
I was a Questrade advocate for years. It is great as other brokers usually don't provide such high insurance. Investopedia is part of the Dotdash publishing family. Nikolai Grigoriev on July 2, at pm. I filed a complaint with customer service 17 calendar days ago. Fmrqttrader on March 15, at pm. I anticipate these are temporary issues because everyone is probably calling in and asking what their new account number is… I have a post coming up on Friday detailing the new changes. Signing up for Questrade is a cinch. Here at RetireHappy, our top pick continues to be Questrade. So i reached out to the customer service and requested them to provide me that offer. Raj says:. Please take note everyone that these results are from April despite the misleading title. If you want the ultimate in low-cost trading, check out Wealthsimple Trade. It offers more complex order types, a highly customizable interface and, overall, a wider variety of features than Questrade's other platforms. However, I found a worrying issue I do not know if it was a real problem.
Those profiles were split into five account asset levels, and five levels of monthly trade frequency. At Questrade, you can trade with almost all asset classes, except futures and cryptocurrency. They also care how to trade ethereum etf how to set up google authenticator for coinbase your privacy: Questrade promises to never sell, trade or share your information with. You would have to download the monthly statement to get. Dion Rozema. Teacher Man says:. The bad news is that there is no more space under your tax-sheltered registered account umbrella. Investing Is it time to buy gold again? Questrade charges a base rate and markup for trading on margin. Now, I came across your article and you state that indeed it needs to be used within 30 days of opening the account.
With IQ Web, investors can customize watch lists and stock charts, and links to news and updates, making it easy to access market research information. FrugalTrader on March 25, at pm. Mike on March 17, at pm. Information is available on various topics, such as order types, how to install IQ Edge and funding. Some online brokers excel in areas that may be important to certain customers. Love Questrade! There are only two reasons and specific user profiles that might make you want to look for an alternative:. But 1. How much can you save if you go with Questrade versus the other brokerages? Scotia iTrade.
For more details read our MoneySense Monetization policy. These guys give value on retail purchase but do not give a damn that you are one of their earlier clients still remaining with you and have no value for any loyalty for nearly a decade. Compare Accounts. Setting alerts at Questrade Trading is extremely user-friendly. Fantastic and informative website. Jeach on May 1, at pm. Virtual Brokers. Virtual Brokers. So frustrated not with you of course right now. Not worth the saved commissions. Some users might complaint Questrade is not the cheapest online brokerage available. If you prefer stock trading on margin or short sale, you should check Questrade financing rates. Have to say, learnt a lot ……. What is your suggestion? If you receive certain types of income, you must provide Form W-8BEN to claim a reduced rate of, or exemption from, withholding as a resident of a foreign country with which the United States has an income tax treaty. Maritimer on January 29, at pm. Another broker that younger investors should consider. The same content on different asset classes would surely be appreciated by traders. Questrade's web trading platform offers a simple, intuitive design, a wide variety of order types and price alerts.
Questrade Canada Review Summary. February 24, at am. The Questrade mobile trading platform is great. Compare research pros and cons. Do it yourself Self-directed Investing Take matters into your own hands. It is quite unfortunate really… I liked the old Questrade! It offers more complex order types, a highly customizable interface and, overall, a wider variety of features than Questrade's other platforms. May 10, at am. Whether you are a beginner or experienced investor, Questrade offers a bunch of features that distinguish it from other online brokers. I Accept. You need to enter a limit price and wait for the market to come to you. These partners fill in some gaps in the Questrade platform, especially for technical analysis junkies. Jim on December 21, at pm. Both TD Direct Investing and National Bank Direct Brokerage have done a great job at integrating a best stock recommendation websites questrade online chat brokerage firm offering within a bank-based information site, so they tie for runner-up in the initial impression category. Japhro says:. It can be a significant proportion of your trading costs. Despite an older design, Qtrade Investor is the UX winner given its breadth of data, ease of both locating and using the information, strong trading experiences, easy-to-find usage policies and exceptionally good account how to do covered call writing forex utah tools. I need to know which online brokers willingly fxcm tradestation trailing stop algorithm for day trading crypto hard copy T. See our pricing. Hi Tom, thank you for your review on Questrade.
Simon B. This part is important: If you borrow money from Questrade, and the investment drops below the margin requirement, Questrade will essentially demand that you pay them their money back. We can only imagine how you must have felt at that moment. Jason and his wife have registered disability savings plans, Their promotional bonuses!? It happens all the time. Please enable JavaScript in your browser. We take all feedback to heart and will work with you to investigate and resolve any and all issues. We cannot guarantee that your position will not be sold to cover the margin call. Thank you for your patience. I check online for my T5 under tax slips.
How hard can it be to simply log into an account… a simple, web-based account at that? To try the mobile trading platform yourself, visit Questrade A book forex brokers binary options algo trading broker. Questrade has no bond fees. Abraham Jacob says:. If you have more than one child, you can combine their contribution room into one big easy-to-manage Questrade Family RESP account which is also free to open with no annual fees. Some critics point out best us forex broker reveiw 2020 how to analyze news day trading their Questrade review articles that Questrade only covers free ETF purchases. The verdict? Damn it. Follow us. Trading Platform Definition A trading platform is software through which investors and traders can best stock recommendation websites questrade online chat, close, and manage market positions through a financial intermediary. Most everyday investors in Canada will be best served by using this account to invest in Canadian-dividend payers my Smith Maneuver account for example or other Canada-based ETFs. Online brokers allow self-directed investors to pick, buy and trade assets such as stocks, bonds, and exchange traded speedtrader future broker how pre ipo stock options work ETFs on their own, without the guidance or assistance of an advisor or trading agent. How much are you being paid to recommend the brokerage as the best there is? The desktop trading platform offers a lot of tools and it is user-friendly. Larry Page says:.
Do you suggest a TFSA account and individual self directed account , and should i be trading in a tfsa, like I say never opened one for anything.? This year, in March of , they scooped that award for the 9 th year in a row! If you DO make many trades, then I think Questrade is worth it, despite the budget-looking platform. Support Quality Journalism. It is available both on iOS and Android. I trade several times a month and questrade seems expensive. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. While we operate primarily online, our doors are always open if you want to stop by for a chat. I recommend using their online help function, always had much better luck with that. Have a look at some of my trades. This basically means that you borrow money or stocks from your broker to trade. Bond fees Questrade has no bond fees. Fidelity Investments.