Overall she was great and made my experience that much better. My service agent was Eric and he spoke clearly and was easy to understand. Was helped out by Emil.Very efficient service.All of my questions and concerns were answered. Jessica was so helpful and patient with all the questions I had. Thersa was very professional in her handling of our travel insurance needs. Jessica was super helpful and quick to answer all of our questions.
Here’s another example of what a watch list might look like with the Questrade trading platform. I like the colours since the red and green help you discern/ visualize how the stocks that you are watching are doing more easily. If you’re wondering what a watchlist is, the basic idea is that if you pick stocks, you might want to keep your eye on how your “targets” are doing at any specific time. This allows you to quickly pull up a screen and see if there have been any movements in the companies that you are interested in.
There is also a high fee for wire withdrawals outside Canada. Overview QuestradeFX has live streaming quotes and near-instantaneous order execution capabilities. All trade functions and a market overview are on the… Another platform that Questrade has is called IQ Edge. This platform is suitable for investors looking to trade in higher volumes and has a darker, more intense layout. IQ Edge is much more customizable and lets you adjust the settings to accommodate your personal needs.
- Active traders receive an improved Questrade ETF fees structure that consists of a fixed and variable option.
- When trading stocks, you’re charged 1¢/share, with a minimum of $4.95 and a maximum of $9.95.
- If you do need to sell your ETFs, you’ll pay $0.01 per share, with a minimum fee of $4.95 and a maximum of $9.95.
- Questrade platforms are available for mobile, browser, and desktop, which makes it a versatile choice.
Questrade does offer research tools, but it lacks some of the features provided by other brokerages. All of Questrade’s platforms feature a news and insights tab to help you keep up to date with the market. Investors can also take advantage of Questrade’s Intraday Trader feature which scans market data to match your trading criteria.
The trading platforms are easy to use and have the tools you need. Government rules for stock trading in Canada restrict the growth of truly zero-commission trading platforms. Finding a Canadian online brokerage with the lowest costs gives you a bigger return on your investments.
No Annual Fees:
There is no account fee, and withdrawal fees for electronic transfers are also free up to CAD 50,000 or $25,000. However, wire transfers cost $20-40 depending on your residency. Questrade fund fees are low compared with other brokers around the world, but high compared to other Canadian stockbrokers.
One small negative is the lack of push notifications, as even from the app you can only set email and text message alerts. Available in English only, Questrade’s web trading platform isuser-friendly and has a simpleyet elegant design. Maybe as a result of its simplicity, it offers limited questrade forex customizability, especially compared to Questrade’s highly customizable desktop trading platform. To have a clear understanding of CFD fees, we calculated a CFD benchmark fee for the selected products. When switching to Questrade, some financial institutions may charge you a transfer fee.
Selling ETFs starts from just $0.01 per ETF with a minimum of $4.95 and a maximum cost of $9.95 for regular retail clients. Having a ceiling offers traders cost control, a beneficial tool non-existent at most brokers who do not maintain a maximum commission cost. Active traders receive an improved Questrade ETF fees structure that consists of a fixed and variable option. Buying ETFs remains free of charge, but the former comes with a fixed cost of $4.95 for selling ETFs, while the latter lists a cost of $0.01 per ETF with a maximum of $6.95. Questrade clients can trade via two desktop trading platforms and a mobile app, plus a forex and CFD platform, each offering a different experience.
The power to trade “on the go” means you’ll never miss an investment opportunity. I can’t share the same emotions as I can see from previous comment. Since begging, there were some difficulties to setup new account. Even if Questrade won award as a best Canadian fx broker, I wouldn’t believe that. Broker says there is no fees but you will pay yearly fees which are bigger than all you might pay in another firm. So I ended up with some losses and understanding that you need to read more carefully all print documents.
DALBAR recognizes companies that excel in providing exceptional service in areas including security, expertise, attitude, and call flow. The live-streaming version is available with a subscription https://forex-review.net/ to a market data plan. Some of the active trading features include the option to skip the order confirmation window. You have full support for hot keys to further streamline your trading.
Apple iOS System requirements
One of the most reoccurring complaints is the amount of time you have to spend before you get an actual answer to your question. Questrade obviously receives many complaints about the state of their platform. These complaints can be unified into several neat categories. It’s mildly surprising because Questrade doesn’t strike you as a dishonest website right away, yet there are obviously some issues with transparency. Let’s see what the reviewers noted as their reasons to rank the brand so low.
While waiting to speak with an employee, users are able to track their position within the queue. Once connected, Questrade employees are very knowledgeable and willing to help remedy user issues. From experience, I’ve never ended a conversation with Questrade customer service without having an issue resolved.
Who Can Invest with Questrade?
Choose the account to withdraw from, the amount, currency and method. A bank transfer can take several business days, while payment with a credit/debit card would be instant. We provide you with data and information under license from third parties. We accept no liability for the any Information provided by third parties and make no representations or warranties that such Information will be accurate or timely.
The rise of demand among retail traders with the product and services portfolio at Questrade combine for a promising business outlook for this Canadian financial firm. Since 2020, Questrade Canada became the fastest-growing online brokerage. The wealth of services serves the Canadian market exceptionally well. Its proprietary trading platform features a user-friendly interface, while advanced users get a powerful alternative with Questrade IQ Edge. A mobile app is also available and integrated with the account. Canadian traders who wish exposure to international markets have a dedicated trading platform in Questrade Global.
And what’s more important not to believe any commercial. Our goal is to help every Canadian achieve financial freedom and make all levels of investors smarter, happier, and richer. Users are able to use an online chat feature to interact with Questrade employees when issues arise.