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Questrade conveniently can cover all transfer out fees imposed by other financial institutions if interested in moving your existing trading account to them.
This makes the allure to join even more tantalizing.
With so many turning to ETFs these days due to their low MER and diversified reach it’s a wonderful breath of fresh air to be able to do so at no cost.
All indications seem to be that Questrade was the first discount broker in Canada to do this, and I applaud them.
Their journey from industry laughing-stock in its early years to its current place atop the field, consistently, as the best brokerage firm in Canada (cited by Globe and Mail, Money Sense Magazine, and Deloitte annual rankings) has been a long and fascinating one. Questrade offers the cheapest trades in virtually every investment category in all of Canada.
Further, if you are inactive for a quarter and do get charged, then by making at least one trade in the following quarter will trigger a refund up to .95 in commission-free trades as compensation. For most investors this policy change is trivial since their assets are almost always over ,000.Questrade is Canada’s largest and most popular online brokerage company as of July 2018.They were founded in 1999 and offer a full range of investing / trading products and services for both the average investor and high-volume active trader.In my opinion self-directed is all one will ever need considering how making informed investment decisions is quite simple for even newcomers these days.