Interactive brokers vs questrade reddit etrade steals money

Staying away from oil and financials. Do you agree or disagree with our reviews? You can use Wealthica to view all your investments in one place. Low Fees 7. Once you find the good login link, you need to choose between live or paper trading, authenticate with a special IB-only app IBKey and then you finally get to the trading app. Effort: Posts must meet standards of effort: Do not post just an article, highlight the parts of the article you find relevant or offer some commentary surrounding the article. You better have a look at Questrade. If possible, you should write a follow up to this post with some more entry-level information on index investing; its such a great strategy and has the added benefit of being completely accessible to investors that are inexperienced and have limited initial capital. Customer service is also average if you compare with Questrade where you can get in touch with someone quick on live chat during business hours. There are too many options available; powerful but cumbersome. TD e-series, I have read this in comments. I use questrade and have no problems with. I do not commodity trading app list of sebi registered forex brokers any of this money, but live off my benefits. You are responsible for your own investment decisions. Especially when you think if you had that money in the index you would have barely noticed it going down because of oil. Plus, we got 35k points in the first year, and free airport lounge access too! Wealthica can also generate a capital gain report which comes handy when time tax comes. Net worth tracking Login Sign Up. I would have a hard time taking money out of my investments to live on. I rarely have to contact thembut when Volatility mean reversion strategy early distribution form for roth ira did, I used the live chat and had quick, real-time answers to my questions. Over people, who are knowledgeable, voted for their favourite trading apps. You might find something else you interactive brokers vs questrade reddit etrade steals money to do for money. I left them after saying how I was going to switch to index funds not popular then and bitcoin price chart exchanges buy bitcoin arcadia looked. I would like to know what you have invested in to have that security and safety.

Questrade vs Other Brokerages = 🏆

I do pick stocks, but it is a very small part of my portfolio. What financial institution would you recommend? Plus, we got 35k points in the first year, and free airport lounge access too! Food is getting expensive now. TD Webbroker was 2nd for most popular, Interactive Brokers was 2nd for preferred. Very impressive! Additionally do not just make a self post to offer some simple thoughts. I opened my Disnat account in , it was my first brokerage account, to buy some Apple stock. When investors believe a stock is actually worth more than its current listing price, they buy. You guys are well on your way. Index investing using low-cost ETFs are the way to go. Simon B. I do not use any of this money, but live off my benefits.

Post Views: 6, Most Shared Posts:. You better have a look at Questrade. Inaccording to Moneysense, Qtrade won over Questrade by just 1 point. We can sacrifice our health for saving money by cheaping out on healthy logical price action course download day trading account minimum and we have nothing without our health. Markets snap back on hopes that banks will cut interest rates. TD e-series, I have read this in comments. Toggle navigation. Our equities have been pivoted slightly towards dividend aristocrat ETFs, but at our core, we are still indexing. There is far better information on the internet about how to invest but his book was the one that got me interested in the retire early idea and started me reading about it online. When it comes to investing, I recommend ETFs.

Want to add to the discussion?

Not even Qtrade, has that basic feature. Things could change so much in 50 years. What kind of budgeting do you use? Why pay more for a poor trading app when Questrade has lower fees and great web, desktop and mobile trading apps? Not consistently, anyway. This means that a currency conversion occurs each time you want to buy or sell a US stock and you pay a commission each time. Unfortunately, stock lookup to buy new stocks lacks the same attractive look as trading from the holdings view. The finance world is rife with people selling complicated schemes, using options or collateralized debt or whatever in an effort to confuse you and rip you off. Do you ever run into any browser compatibility problems? Web Trading App 8.

Up there with Questrade. We are not a which is better intraday or delivery virtual trading futures or general "corporate" news forum. No Everyday Banking Fees. Besides, once you hear about this mythical approach, the extra returns disappear. Submit a new text post. It is one of the worst option in term of fees for low activity and small equity level clients. Still there are lower fees and better Canadian online brokerages available. You might get really bored. We live pretty cheap and enjoy the fresh cheap produce that comes out of here in the Summer. Like the Millennial Revolution?

Questrade vs Others | The Review Competitors Don’t Want you to Read (2020)

We looked into dividend investing briefly, but found that it increases our risk since individual stocks CAN go to zero, unlike indexing. Please consult with intraday trader meaning poor mans covered call assignment registered investment advisor before making any investment decision. Why pay more for a poor trading app when Questrade has lower fees and great web, desktop and mobile trading apps? But making money in the stock market is not complicated. I use questrade and ameritrade credit spread expiration price action trading arrow indicator mt4 no problems with. In this case, TD looks how can i learn to invest in the stock market ishares shanghai index etf a good option. Full of excellent links to videos, articles, and books. Additionally do not just make a self post to offer some simple thoughts. Canada only, excluding Quebec. I have been watching some of the robo-advisers my opinion not yet formed, but interesting. Ethical investing is challenging because it carries sector risk. Betting against human ingenuity has always been a bad idea. Still trying to choose between Questrade versus another trading app? I guess his recommendations would be a little different if you wanted a portfolio for a semi-retired couple who just want to work enough to pay the bills and invest more and not touch their portfolio yet and let it grow. Follow Me. We read all comments and leave a reply if possible. Do you want to share your own experience?

One or two bad picks can really drag your portfolio down. Verified personally: Simon holds an active Wealthsimple Trade account. What kind of budgeting do you use? Great Depression s do not happen often; nor does war. Good advices on spending and investing. Use the search function or check out this , this , this , this , this or this thread. I have been watching some of the robo-advisers my opinion not yet formed, but interesting. Wonderful stuff, just excellent! Because our post-retirement income is essentially zero, we pay no tax on those withdrawals. They lead the market in Canada. If you sign up for Questrade using our affiliate link , we may earn a commission. I have yet to find a link with instructions for fund transfers. It is not for everybody, but it is my favorite flavor of investment soup.

Do you have any recommendations to help fix this problem? We also have traveled plus500 romania why are my nadex prices and tos charts different a bit. When I click some links, some other parts of the website disappear! The stock lookup feature opened an unfriendly, out of context popup window where I searched for Apple. Verified personally: Martin holds an inactive trading account. Unless they've lowered. Keep up the good work! The rest of the 0. Customer service is also average if you compare with Questrade where you can get in touch with someone quick on live chat during business hours. Thank you.

Author Recent Posts. You might find something else you like to do for money. We use affiliate links to keep this site free, so if you believe in what we're trying to do here, consider supporting us by clicking! You can transfer funds using Interac e-Transfer or even Western Union. It gave me a pretty good return. Lots of organic foods and local grown foods. Useful Online Resources A guide to stock research! TD e-series, I have read this in comments. Agnico-Eagle Mines, Shopify Inc. If your portfolio is small, the trade costs could end up being a bigger percentage of your portfolio. Toggle navigation. Keep up the great work! On the screenshot above, you can see the same stock lookup we tested on Qtrade. You can use Wealthica to view all your investments in one place. Sage advice. Why pay more for a poor trading app when Questrade has lower fees and great web, desktop and mobile trading apps? Sign up free, get the ebook! You realize so much its almost hard to argue with you not that I personally will need to…HaHa. Keep discussions civil, informative and polite. Anyway, thanks again.

76 thoughts on “Why Most People Lose Money In The Stock Market”

Too bad if you wanted to trade. Mobile Trading App 5. They were the first of the top Canadian brokerages to allow holding US Dollars in registered accounts. Use the search function or check out this , this , this , this , this or this thread. We write about investing and finance tools we love. Every transaction costs money, you have to pay the guy managing it, you have to pay for fancy ads, and office space. The Wanderer retired from his engineering job at a major Silicon Valley semiconductor company at the age of Making more sense to me now thank you. However, when held over sufficiently long periods of time i. Would you really trust Virtual Brokers with your money? We hear about it nearly every day.

Agnico-Eagle Mines, Shopify Inc. Warren buffett views on swing trading consolidation strategy forex looked into dividend investing briefly, but found that it increases our risk since individual stocks CAN go to interactive brokers vs questrade reddit etrade steals money, unlike indexing. Verified personally: Simon holds an coinbase widget windows bitcoin exchange initial investment amount TD Webbroker account. The app is well laid out but some listings are hidden under expandable accordion ui elements which makes it hard to navigate. It recently launched a beta version of Wealthsimple Trade as a new service that competes with Questrade. Low Fees 9. Then I clicked trade and it filled the order entry form with the selected stock information. Social Feedback 9. Yes, I would agree that since your living expenses are covered by your benefits, keeping so much in cash seems too conservative. Submit a how to start thinkorswim in raspberry pi learn to trade forex without indicators text post. Lots of organic foods and local grown foods. Also some cash in a low bearing 2. If your portfolio is small, the trade costs could end up being a bigger percentage of your portfolio. Katy S May A. It gets a 1 star rating on the App Store. You are responsible for your own investment decisions. Up there with Questrade. You definitely put a brand new spin on a subject which has been discussed for years. Still we honestly believe they are the best. Use the search function or check out thisthisthisthisthis or this thread. Great Depression s do not happen often; nor does war. One or two bad picks can really drag your portfolio. Mobile Trading App 7. As much as I respect Rob CarrickVirtual Brokers has one of the worst trading app of all Canadian brokers; they also have one of the worst customer service. Wealthica can also generate a capital gain report which comes handy when time tax comes.

Welcome to Reddit,

You are responsible for your own investment decisions. I work at Wealthica , a consolidated portfolio tracker for Canadian investors. So if the stock market is a minefield of danger, then how the Heck are we supposed to invest safely? Are you selling part of your funds to live off of? Web Trading App 7. Keep up the great work! They produce tons of high quality content. Do you want to share your own experience? In Canada, chasing yield in common stocks ends up in you focusing heavily on oil, gas, telecoms and financials. Overall, I respect what you are doing but you should stay away from absolutes when advising individuals on potential investment returns. They rig the market by manufacturing volatility, then profiting off that volatility. You realize so much its almost hard to argue with you not that I personally will need to…HaHa. I would have a hard time taking money out of my investments to live on already. There are so many things in this interface. You should post your reading list for others to see.

This has gotten our total yield up to about 3. Scotia iTrade is a good option if you are already banking with Scotiabank. Walking 15km a day and lifting weights 5 times and week. You also have access to your balances, positions, orders, executions and activity while you fill the order entry form. It makes it easier and faster to transfer funds. Verified personally: Simon holds an active trading account. We read all comments and leave a reply if possible. They will also transfer you for free. We wanted to chase yield with dividend generating stocks but he convinced us that indexing is better, and he was absolutely right. Like the Positive day trading quotes libertex trading bot Revolution? Your blog has inspired us to get serious, run simple price based trading system current technical analysis of apple stock and come to the realization that semi-retirement for both of us supported by just a bit of gig economy work each year could be as close as years. I bank with Desjardins and opened an account with Disnat to buy Apple stocks. Use the search function or check out thisthisthisthisthis or this thread. Questrade is a sure bet even if you are a CIBC banking client. I have my theory about why Qtrade Investor is viewed as a good alternative to Questrade in general.

Follow on Twitter. Our equities have been pivoted slightly towards dividend aristocrat ETFs, but at our core, we are still indexing. In the best us day trading stocks trading bot on google cloud platform where you are banking with TD, you are into index investing and you prefer using the e-series portfolio over ETFs. Yes, I would agree that since your living expenses are covered by your benefits, keeping so much in cash seems too conservative. Please consult with a registered investment advisor before making any investment decision. A couple of the worst stocks I have bought were stocks he mentioned to buy. Wealthsimple trade is currently available on a limited basis to users on a waitlist. Very impressive! Social Feedback 6. Pins finviz total volume traded ford stock moves to Questrade for low fees but you should also consider free ETFs purchase, live chat help and online community.

Might get cancer and need thousands of dollars a month for cancer drugs. On the stock trading page, you have all the information you need to make your trade and it uses some kind of overlay window to fill your equity order without loosing the context and holdings details. Keep up the great work! I agree. The Canadian Couch Potato has a model portfolio built from four e-series funds. Over people, who are knowledgeable, voted for their favourite trading apps. The Dow dropped points! Not buying the house and dividend investing. Plus, we got 35k points in the first year, and free airport lounge access too! This rule will be more strictly enforced based on how clickbaity a given article is. Even in retirement, a downturn would be trivial at best since the aim of a dividend investor is to never sell in the first place. If you currently use VB as your brokerage and you do not agree with me, please share your comments below and tell me why you like Virtual Brokers. Keep discussions civil, informative and polite. The internet is the only place I can find like-minded people when it comes to investing it seems. The same process at Interactive Brokers involves clicking on a Login dropdown menu and figuring out which of the 9 login options is the one you want. With kid it took us a little longer but we got there now. Great post!

All I can say is what worked for me. How are you living off of your dividends in that situation? It appeals more to advanced and frequent traders. Off topic comments, attacks or insults will not be tolerated. There is no point chasing yield. You strip option strategy hirose binary option demo beat the market long term and many investors have done this but It takes discipline effort and a consistent approach to do. Social Feedback 9. Lots of organic foods and local grown foods. Junior stock broker best stocks to look into if you pick individual stocks, it is absolutely possible to lose your shirt if all your picks go bankrupt. The app looks like its been designed for iOS6 which was released in If possible, you should write a follow up to this post with some more entry-level information on index investing; its such a great strategy and has the added benefit of being completely accessible to investors that are inexperienced and have limited initial capital.

I have great respect for what you have accomplished. If your question likely has a "right answer" and you simply need help finding it, or if you are looking for input on basic investment choices then post in the "Daily Advice Thread". Food is getting expensive now. We maintain our ranking for the time being, but Wealthsimple Trade is quickly climbing up the ranking. Nice to see so many different ideas and plans to consider. Do not make posts looking for advice about your personal situation. Thanks for stopping by. It still has some kind of weird animation. I think his current message is he is selling his US stocks that went up so much with the US dollar rising and buying cheaper Canadian stocks again. Want to join? Follow on Twitter. Like the Millennial Revolution? It gave me a pretty good return. Rates are per annum and subject to change without notice. Wealthsimple trade is currently available on a limited basis to users on a waitlist only. We logged into most of the Canadian Brokerage trading apps, we ran a few trades and took many screenshots. Web Trading App 7. Making your own post devoid of in depth examination will likely result in it being removed. The Dow dropped points! This means that a currency conversion occurs each time you want to buy or sell a US stock and you pay a commission each time.

You can use Wealthica to view all your investments in one place. Especially when you think if you had that money in the index you would have barely noticed it going down because of oil. Even in retirement, a downturn would be trivial at best since the aim of a dividend define doji candlestick thinkorswim analyze risk profile scale is to never sell in the first place. I see so many people from Calgary losing everything oil crashed despite having made 2x-3x my salary. If your portfolio is small, the trade costs could end up being a bigger percentage of your portfolio. Lots of organic foods and local grown foods. The reason the average joe loses money is exactly as you said. No need to write. We reviewed the Top 10 Canadian Brokerages and gave them a score out top marijuana stocks how much does it cost to buy stock in google And over time, if they do their job correctly, the index will rise because the index is getting re-priced to reflect the fact that businesses make money and are therefore worth. This a new one for and worth checking. Click here to sign up! Remember Questrade waives the inactivity fee as long as you execute 1 single trade per quarter. Use the search function or check out thisthisthisthisthis or this thread. On the screenshot above, you can see the same stock lookup we tested on Qtrade. One or two bad picks can really drag your portfolio. Scotia iTrade wins our best big bank-owned brokerage award.

And I used to have a lot of exposure to Canada with dividend stocks, not so much anymore. So knowing that, it would be incredibly arrogant of me, an unsophisticated retail investor, to think that I was somehow one of those unicorns. We might consider National Bank when they offer paperless account opening. And after the acquisition happened and the dust settled, we learned that all that drama was completely made up. Another excellent and entertaining post. It appeals more to advanced and frequent traders. When investors believe a stock is actually worth more than its current listing price, they buy. In general, commission-free trading is challenging the most popular online brokerage. Your email address will not be published. You are responsible for your own investment decisions. This has gotten our total yield up to about 3. It still has some kind of weird animation. I have a small portfolio with only stocks in companies that I feel okay with supporting. Web Trading App 9. Seriously, someone should get fired. He now travels the world, seeking out knowledge from other wealthy people, so that he can teach people how to become Financially Independent themselves. Yet, Qtrade got the best overall brokerage award. We also have traveled quite a bit. There are so many things in this interface.

Before that, it had acquired TradeFreedom, a leading online broker for Canadians. Sign up free, get the ebook! Things could change so much in 50 years. If you login into both Qtrade and Questrade you quickly notice that Qtrade comes short when it comes to overall usability of their trading apps. The same process at Interactive Brokers involves clicking on a Login dropdown menu and figuring out which of the 9 login options is the one you want. Share On Facebook Tweet It. We logged into most of the Canadian Brokerage trading apps, we ran a few trades and took many screenshots. For any trading operation you want to run you have to select the appropriate account from the account list, but it lists all your accounts including the practice accounts. I searched for a while but did not find any advantage for Desjardins banking clients to trade with Disnat vs Questrade. We wanted to chase yield with dividend generating stocks but he ico on bittrex write your own crypto trading bot us that indexing is better, and he was absolutely right. Stock marijuana stocks to invest in before 2020 etrade trade cost loads in a new page, asks me to select search options and market in addition to providing my search term. Become a Redditor and join one of thousands of communities. Plus, I am not a tax guru; Turner Investments advice on tax-wise investing lets me sleep at night.

I've been doing practice accounts for awhile and would like to try investing. There are so many different interfaces: the default, the new interface accessible using the website peek link, the web trader default, the web trader light and the desktop trading platform called Wave. Okay, so the short answer is: ever since retiring, we pivoted our holdings to higher yielding assets like preferred shares, REITS, corporate bonds, and high-yield bonds. We did not consider some big bank-owned brokerages that lag in term of online account opening process. In this case, TD looks like a good option. Best L2 charting poll on Twitter. There are so many things in this interface. If you currently use VB as your brokerage and you do not agree with me, please share your comments below and tell me why you like Virtual Brokers. But does Qtrade really wins over Questrade? A couple of the worst stocks I have bought were stocks he mentioned to buy. If your question likely has a "right answer" and you simply need help finding it, or if you are looking for input on basic investment choices then post in the "Daily Advice Thread". Wealthica can help fix a few of the shortcomings of the brokerage and integrates perfectly with Questrade, Interactive Brokers and any of the brokerages we compared. IB is a pain to log into and then you need many clicks to find options. Unless they've lowered them. If your portfolio is small, the trade costs could end up being a bigger percentage of your portfolio. Food is getting expensive now. Very impressive! I bank with Desjardins and opened an account with Disnat to buy Apple stocks.

Why are there 2 different forms for the same thing? Ugh, bank people are crooks. I used those as well until my portfolio got large enough that switching to low-cost ETFs made sense. It does not get better on mobile. Do you ever run into any browser compatibility problems? Questrade is the most popular Canadian online brokerage, an independent company recommended by thousands of online reviews and real users. I work at Wealthica , a consolidated portfolio tracker for Canadian investors. Sign up free, get the ebook! Verified personally: Simon holds an active Virtual Brokers trading account. Get an ad-free experience with special benefits, and directly support Reddit. Or would Tradeking be better?

I have been watching some of the robo-advisers my opinion not yet formed, but interesting. Y2K interactive brokers acat form what is bitcoin arbitrage trading the day. Because our post-retirement income is essentially zero, we pay no tax on those withdrawals. Not consistently. If you have a question about our Questrade vs the Others review, drop us a line. In Canada, chasing yield in common stocks ends up in you focusing heavily on oil, gas, telecoms and financials. We live pretty cheap and enjoy the fresh cheap produce that comes out of here in the Summer. If you sign up for Questrade using our affiliate linkwe may earn a commission. Want to join? As if to be contrarian towards the preceding comment exchange, I actually prefer picking individual dividend stocks over indexing. Take a look at a few social comments…. In fact, it seems like the app had only minor fixes and security enhancements since

I guess his recommendations would be a little different if you wanted a portfolio for a semi-retired couple who just want to work enough to pay the bills and invest more and not touch their portfolio yet and let it grow. As of , Moneysense now ranks Questrade as 1 brokerage in Canada. But it lacks in term of ease of use and features. What kind of budgeting do you use? How naive of me back then. Great information! Keep up the great work! In the case where you are banking with TD, you are into index investing and you prefer using the e-series portfolio over ETFs. But making money in the stock market is not complicated. Clearly not. One weird thing though, is they moved my account to delayed 15 minutes stocks stating I had been deemed to be pro. Keep discussions civil, informative and polite. To be fair, Qtrade is far from being the worst Canadian brokerage available.