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Questrade

Avg. Rating: 5.0 (2 reviews)

Questrade is an online Canadian brokerage firm and wealth management firm, established in 1999, that offers a simple, more affordable way to control your money. They help Canadians achieve financial independence through by being a digital, low-cost alternatives providing Canadian investors a better choice in an industry that’s historically been stacked against them. You can trade online on their app or desktop.

Questrade provides trading in stocks, bonds, exchange-traded funds (ETFs), and mutual funds. In addition, Questrade offers guaranteed investment certificates (GICs), international equities, access to initial public offerings (IPOs), and precious metal purchases.

 

  • TIME IN BUSINESS: Since 1999
  • # OF CUSTOMERS: Hundreds of thousands
First $10,000 investment managed for FREE for a year!

1.888.783.7866

support@questradeaffiliates.com 5700 Yonge Street Toronto, ON, Canada M2M 4K2
Call Center: Monday to Friday: 9:00am to 5:00pm ET
Support Offered:
  • Online Inquiry Form
  • FAQs
  • Call Centre
  • Social Media
  • Online Chat
  • Blog
  • Local Firm
Availability: Everywhere in Canada

Products Offered

Below are all the products offered by this company.

Self-directed Investing

Do It Yourself 

With self-directed investing, you’re managing the investments yourself.

Take control of your financial future and build your own investment portfolio.

Cost:

Trade stocks for as low as 1¢/share, (min. $4.95 to max $9.95)

Features:

  • No account opening or closing fees
  • No annual RRSP or TFSA account fees
  • Low commissions
  • Buy ETFs commission free

Questwealth Portfolios

Get a Pre-built Portfolio

With Questwealth Portfolios, your investments are managed by Questrade’s team of experts.

Receive a pre-built portfolio made for your investment goals, designed and managed by Questrade. Your diversified, low-fee portfolios will help you achieve your goals faster, and all you need to do is answer a few questions, fund your account, and Questrade will match you to a portfolio of ETF’s that’s right for you.

Cost:

  • Management fees starting at 0.25 (0.20% after $100,000)
  • You can get a portfolio with a total fee of only 0.38% (This includes Questwealth’s 0.25% management fee + the MER of the ETFs held in the portfolio of 0.13%).

Features:

  • No account opening and closing fees

  • No trading fees

  • No electronic fund transfer fees

  • No hidden fees

  • Active management

  • 100+ service agents

  • Real-time rebalancing

Articles About Questrade

Questrade – Investing Made Easy
By Smarter Loans Staff

The Smarter Loans Staff is made up of writers, researchers, journalists, business leaders and industry experts who carefully research, analyze and produce Canada's highest quality content when it comes to money matters, on behalf of Smarter Loans. While we cannot possibly name every person involved in the process, we collectively credit them as Smarter Loans Writing Staff. Our work has been featured in the Toronto Star, National Post and many other publications. Today, Smarter Loans is recognized in Canada as the go-to destination for financial education, and was named the "GPS of Fintech Lending" by the Toronto Star in 2019.

Frequently Asked Questions About Questrade

What is Questrade?

Questrade is an online Canadian brokerage firm and wealth management firm, established in 1999, that offers a simple, more affordable way to control your money. They help Canadians achieve financial independence through digital, low-cost alternatives.

What does Questrade do?

Questrade is a digital, low-cost alternative that gives Canadian investors a better choice to invest, either on their own, or they can have their portfolio built by experts.

Is Questrade safe?

Questrade opened its doors in 1999 and is still one of Canada's fastest-growing online brokerages. Over 100,000 new accounts are opened annually, over $15 billion in assets are under administration, and Questrade has been named a Best Managed Company in Canada winner, eight times.

What's Questrade's goal?

Questrade is on a mission to help Canadians become more financially successful and secure.

Is Questrade only online?

Questrade operates primarily online, but they also welcome brokerage visits upon appointment.

How can I invest with Questrade?

To get started, simply click on "open an account" on their website. You'll be able to set up your account online and start investing.

Who uses Questrade?

Questrade is a good fit for you if you are a Canadian citizen and resident, and wish to avoid the high fees and restrictions placed on those who hold investments at banks. It offers a lot more flexibility to Canadian investors, including an automated portfolio builder and significantly lower fees.

What trade options does Questrade offer?

Questrade clients can trade a variety of asset classes, though some require the use of a separate platform. Some of their range offerings include stocks, mutual funds, bonds, precious metals, and more.

What is the difference between Questrade's Self-directed and Managed investment solution options?

With self-directed investing, you're managing the investments yourself. With Questwealth Portfolios, your investments are managed by Questrade's team of experts.

Do I need a minimum to open an account?

You can open an account with as little as $1. You'll be invested in a portfolio once your account balance reaches $1,000.

Questrade Reviews

Avg. Rating: 5.0 (2 reviews)
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Great brokerage

Great brokerage! I used it for several weeks now, and it works amazingly. To contact an agent, go to the online chat option EARLY, and they will tell you how many people are in front of you. If there are more than 30, open another tap and do your work and check once 10 minutes until you noticed there are less than 5 people in front of you. I really like how they let you know how many people are in front of you, so you can choose to wait or not to wait. The agent who helped me was also very professional and helpful. Overall, I really love this trading platform! I would definitely recommend this platform to my friends! (via Google Reviews)

Ni
Good fees

Best broker in Canada IMO. Yes long wait times for help, but look at how many are in que! An hour for 100 people in que is reasonable, in fact that's really good. Good fees, no limitations, can't complain! (via Google reviews)

Dustin

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