{"id":194940,"date":"2022-10-24T15:43:45","date_gmt":"2022-10-24T15:43:45","guid":{"rendered":"https:\/\/www.bizreport.com\/uncategorized-ca\/questrade-review\/"},"modified":"2022-11-18T07:47:13","modified_gmt":"2022-11-18T07:47:13","slug":"questrade-review","status":"publish","type":"single_reviews","link":"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review","title":{"rendered":"Questrade Canada Review 2024: Features &#038; Alternatives"},"content":{"rendered":"\n<h2><strong>What Is Questrade?<\/strong><\/h2>\n\n\n\n<p>Questrade is a discount broker that offers Canadian investors online investing and trading services. It has a wide range of products and services and is suitable for experienced investors and those new to the world of investing.&nbsp;<\/p>\n\n\n\n<p>The trading platform maintains a good reputation and is known for its low commissions and fees. Questrade also offers a mobile app, QuestMobile, which is handy for those who want to trade on the go.<\/p>\n\n\n\n<p>Questrade offers both a self-directed investing platform and a managed portfolio service. The former is aimed at those who want to take control of their investments, while the latter is designed for those who want someone else to manage their investments. Also, Questrade protects your investment with the Canadian Investor Protection Fund CIPF.&nbsp;<\/p>\n\n\n\n<p>You will find various investment options and asset categories with Questrade. For instance, you can trade stocks, ETFs, MFs, and options, and do forex trading. The company also provides margin accounts and registered accounts such as RRSPs and&nbsp; TFSAs.<\/p>\n\n\n\n<p>The Questrade website is easy to use and navigate, and the customer service team is helpful and responsive. Overall, Questrade is a good discount broker for those looking for versatile investment options.<\/p>\n\n\n\n<h2><strong>Questrade Advantages<\/strong><\/h2>\n\n\n\n<p>To start our Questrade review, let\u2019s go through the top Questrade advantages that make it stand out from the crowd.&nbsp;<\/p>\n\n\n\n<h3>No Fees are Charged for Tax-Free Savings Accounts<\/h3>\n\n\n\n<p>Ever worried about getting dinged with fees when you purchase your tax-free savings account (TFSA)? Questrade offers free trades placed in a TFSA. This is a big advantage, considering that many other online brokerages in Canada charge fees for TFSA trades.<\/p>\n\n\n\n<h3>User-Friendly Platform<\/h3>\n\n\n\n<p>The Questrade trading platform is user-friendly and easy to navigate. You can access all the features and tools you need without any difficulty. The platform is available in English and French, which is handy for those unfamiliar with English.<\/p>\n\n\n\n<h3>Unlimited Free ETFs Purchase<\/h3>\n\n\n\n<p>Questrade clients can purchase and sell ETFs without any commission fees. This is particularly useful for frequent traders, and you can also purchase ETFs with margin or borrowed funds.&nbsp;<\/p>\n\n\n\n<h3>Dedicated Support<\/h3>\n\n\n\n<p>The Questrade support team is responsive and helpful. They are available to answer your questions and help you with any problems you may have. You can easily reach the Questrade support team via call or live chat. The platform has also compiled a detailed FAQ section with comprehensive answers.<\/p>\n\n\n\n<p><strong>Related Topic:<\/strong> <a href=\"https:\/\/www.bizreport.com\/investing\/best-stock-trading-app-canada\" target=\"_blank\" rel=\"noreferrer noopener\">Top 6 Best Stock Trading App Canada<\/a><\/p>\n\n\n\n<h2 class=\"default-start\" id=\"lorem-ipsum-packages\"><strong>Questrade Packages<\/strong><\/h2>\n\n\n\n<p>Questrade offers a user-friendly trading experience at competitive pricing. To cater to different types of investors,&nbsp; Questrade has introduced two packages \u2013 one for independent investors and one for those looking for managed portfolio services.&nbsp;<\/p>\n\n\n\n<h3>Self-Directed Investing Pricing<\/h3>\n\n\n\n<p>Questrade\u2019s SDI is suitable for occasional and active traders. The platform does not charge any account opening fees and TFSA account fees and will reimburse transfer fees when you transfer funds when switching to a Questrade account, giving you an excellent opportunity to try the platform without worrying about fees. In addition to the free ETFs, forex, and CFD trading, you can trade stocks starting from 1\u00a2 per share.&nbsp;<\/p>\n\n\n\n<p>This investment package lets you use all four trading options \u2013 Questrade Trading, QuestMobile, Questrade Edge, and Questrade Global \u2013 for comprehensive personal investment management and trading experience.&nbsp;<\/p>\n\n\n\n<h3>Questwealth Portfolios Pricing<\/h3>\n\n\n\n<p>If you are looking to avoid any burdens of doing complex market analysis and research, you can take advantage of the Questwealth Portfolio plan. Vetted investment professionals will manage your portfolio for a competitive fee starting from only 0.25% or less based on your investment amount.&nbsp;<\/p>\n\n\n\n<p>Here are some examples of the probable monthly fee that you might need to pay with the Questwealth Portfolios:<\/p>\n\n\n\n<ul class=\"col-list\"><li>For $1,000: $0.21\/month<\/li><li>For $5,000: $1\/month<\/li><li>For $10,000: $2\/month<\/li><li>For $100,000: $17\/month<\/li><\/ul>\n\n\n\n<h3>Active Trader Commission Plans<\/h3>\n\n\n\n<p>When you want to take advantage of the market price movements through frequent and active trading, you can make the best use of Questrade\u2019s active trader pricing, which is significantly lower than what you would pay in the regular SDI package.<\/p>\n\n\n\n<figure class=\"wp-block-table table-default is-style-regular table-package\"><table><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Fixed<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Variable<\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Stocks<\/td><td class=\"has-text-align-center\" data-align=\"center\">$4.95 \/ trade<\/td><td class=\"has-text-align-center\" data-align=\"center\">1\u00a2\/ share<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">ETFs<\/td><td class=\"has-text-align-center\" data-align=\"center\">Buy for free<\/td><td class=\"has-text-align-center\" data-align=\"center\">Buy for free<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Options<\/td><td class=\"has-text-align-center\" data-align=\"center\">$4.95 + $0.75 \/ contract<\/td><td class=\"has-text-align-center\" data-align=\"center\">$6.95 + $0.75 \/ contract<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">FX &amp; CFDs<\/td><td class=\"has-text-align-center\" data-align=\"center\">Pips as low as 0.8<\/td><td class=\"has-text-align-center\" data-align=\"center\">Pips as low as 0.8<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h4>Fixed Plan<\/h4>\n\n\n\n<p>Use the fixed pricing plan when you buy stocks and options in high volume, which are traded at a low price per share. The fixed plan will help you get a substantially reduced price per share.&nbsp;<\/p>\n\n\n\n<h4>Variable Plan&nbsp;<\/h4>\n\n\n\n<p>The variable pricing plan works best when you buy expensive stocks in low volume. Here, you will only pay based on your quantity traded instead of the investment amount and get a lower transaction fee per share.<\/p>\n\n\n\n<h3>Other Features &amp; Fees<\/h3>\n\n\n\n<figure class=\"wp-block-table table-default is-style-regular table-package\"><table><tbody><tr><td>Features<\/td><td><strong>Trading fees<\/strong><\/td><td><strong>Features<\/strong><\/td><td><strong>Administrative fees<\/strong><\/td><td>Features<\/td><td><strong>Market data<\/strong><\/td><td>Features<\/td><td><strong>Transaction Fees<\/strong><\/td><\/tr><tr><td>Stocks<\/td><td>From 1\u00a2 \/ share<\/td><td>Open an account<\/td><td>Free<\/td><td>Real-Time Options<\/td><td>CAD $19.95\/mo<\/td><td>Exchange traded funds \/ Canadian securities $1.00 and above<\/td><td>FREE<\/td><\/tr><tr><td>ETFs<\/td><td>Free to buy,Sell at 1\u00a2\/share<\/td><td>Inactivity fee<\/td><td>Free<\/td><td>Advanced U.S. Streaming<\/td><td>USD $89.95\/mo<\/td><td>Exchange U.S Securities \u2013 EDGA<\/td><td>$0.004\/share<\/td><\/tr><tr><td>Options<\/td><td>$9.95 + $1\/contract<\/td><td>Partial plan deregistration (Registered Retirement Savings Plan, Registered Education Savings Plans, Spousal RRSP, LIRA, LRSP)<\/td><td>$50<\/td><td>Advanced CDN Streaming<\/td><td>CAD $89.95\/mo<\/td><td>ECN Fees (removing liquidity):&nbsp; Canadian securities $1.00 and above&nbsp;<\/td><td>$0.0035\/share<\/td><\/tr><tr><td>FX<\/td><td>Spreads as low as 0.08 pips&nbsp;<\/td><td>Lifelong learning plan (LLP) and Home buyer\u2019s plan (HBP) partial deregistration<\/td><td>$25<\/td><td>Document retrieval<\/td><td>$20\/document<\/td><td>Adding liquidity<\/td><td>Free for Canadian securities&nbsp;<\/td><\/tr><tr><td>CFDs<\/td><td>Spreads as low as 0.08 pips&nbsp;<\/td><td>Lifelong learning plan (LLP) and Home buyer\u2019s plan (HBP) full deregistration<\/td><td>$50<\/td><td>Full rebate of market data fees ($19.95) &#8211; Real Time Options<\/td><td>More than CAD $48.95 in trading commissions<\/td><td>Removing liquidity<\/td><td>$0.0035\/share (for Canadian securities $1.00 and above<\/td><\/tr><tr><td>Mutual Funds<\/td><td>$9.95 \/ trade&nbsp;<\/td><td>Transfers &amp; Withdrawals : CAD$ wire transfer<\/td><td>$20.00<\/td><td>Partial rebate (USD $19.95) for U.S streaming<\/td><td>More than USD $48.95 in trading commissions<\/td><td>Private placement request<\/td><td>$175.00\/trade<\/td><\/tr><tr><td>Bonds and GICs<\/td><td>Min. $5,000 purchase&nbsp;<\/td><td>Copy of trade confirmation<\/td><td>$20<\/td><td>Full rebate of monthly fees U.S streaming<\/td><td>More than USD $399.95&nbsp;<\/td><td>Commissions: Stock Trade &#8211; Buy<\/td><td>$0.01\/share (min. $4.95 to max. $9.95)<\/td><\/tr><tr><td>International equities&nbsp;<\/td><td>1% of the trading value&nbsp;<\/td><td>Regular mail<\/td><td>$10<\/td><td>Advanced CDN Streaming partial rebate<\/td><td>More than <strong>CAD $48.95<\/strong> in trading commissions<\/td><td>Commissions: Stock Trade &#8211; Sell<\/td><td>$0.01\/share (min. $4.95 to max. $9.95)<\/td><\/tr><tr><td>Precious metals<\/td><td>$19.95 USD \/ trade<\/td><td>Electronic fund transfer (EFT)<\/td><td>Free<\/td><td>Advanced CDN Streaming Full rebate<\/td><td>More than CAD $399.95 in trading commissions<\/td><td>TFSA\/RRSP\/RESP\/RRIF account<\/td><td>Free<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h4>Trading Fee<\/h4>\n\n\n\n<p>Questrade trading fees are very transparent. You will always know how much you are going to pay. You won\u2019t have to pay fees when purchasing ETFs and IPOs. The trading and currency conversion fees are lower when you subscribe to an active or intraday trader account.&nbsp;<\/p>\n\n\n\n<h4>Market Data<\/h4>\n\n\n\n<p>The Questrade platform provides a good range of real-time market data packages for free, which is sufficient for most traders. However, if you are an active trader and want to go through real-time analysis, you may subscribe to one of the advanced data packages that provide real-time, in-depth analytics and insights.&nbsp;<\/p>\n\n\n\n<p>Those are:&nbsp;<\/p>\n\n\n\n<ul class=\"col-list\"><li>Real-time options<\/li><li>Advanced U.S. Streaming<\/li><li>Advanced CDN Streaming<\/li><\/ul>\n\n\n\n<p>High-volume trading can even qualify you for a full or partial rebate of the market data fees you paid to Questrade.&nbsp;<\/p>\n\n\n\n<h4>Administrative Fees<\/h4>\n\n\n\n<p>Questrade administrative fees are related to accounting opening, deletion, withdrawals, and guaranteed investment certificates &amp; documents issuance. With the exception of transfer fees and foreign exchange fees, many of the frequently-used administrative fees are free, such as:&nbsp;<\/p>\n\n\n\n<ul class=\"col-list\"><li>Account opening<\/li><li>Inactivity fees<\/li><li>CDN and USD EFT (up to a specific amount)<\/li><li>Electronic trade confirmation, and monthly statements.<\/li><\/ul>\n\n\n\n<h4>Transaction Fees<\/h4>\n\n\n\n<p>Transaction fees will incur when you add or remove liquidity from your account. Other fees like SEC, ADR, notes &amp; debenture, special requests, and commissions are also included in the transaction fees.<\/p>\n\n\n\n<h2 class=\"stop-default-start\" id=\"lorem-ipsum-quick-overview\"><strong>Questrade Quick Overview<\/strong><\/h2>\n\n\n\n<div class=\"wp-container-4 wp-block-group product-item\"><div class=\"wp-block-group__inner-container\">\n<div class=\"wp-container-3 wp-block-columns\">\n<div class=\"wp-container-1 wp-block-column\" style=\"flex-basis:33.33%\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img width=\"300\" height=\"300\" src=\"https:\/\/www.bizreport.com\/wp-content\/uploads\/2022\/10\/Untitled-design-1-4.jpg\" alt=\"Questrade logo\" class=\"wp-image-194355\"\/><\/figure><\/div>\n\n\n<div class=\"group-rating\" style=\"text-align: center;\"><div class=\"group-rating\"><div class=\"total-rating\"><div class=\"rating-val\"><input type=\"hidden\" class=\"rating\" disabled=\"disabled\" value=\"4.5\" data-empty=\"fa fa-star-o\" data-filled=\"fa fa-star\" data-fractions=\"2\" \/><\/div><div class=\"static\">4.5 stars<\/div><\/div><\/div><\/div>\n<\/div>\n\n\n\n<div class=\"wp-container-2 wp-block-column is-vertically-aligned-center\" style=\"flex-basis:66.66%\">\n<h4 id=\"best-overall-value\">Best Overall Value<\/h4>\n\n\n\n<ul class=\"col-list\"><li>Best for user-friendly trading at a low applicable exchange fee<\/li><li>Versatile trading options<\/li><li>Transparent fee structure<\/li><li>Options for self-directed investors and managed portfolio<\/li><\/ul>\n\n\n<p class=\"btn-orange-out\"><a href=\"https:\/\/www.questrade.com\/home\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Visit Website<\/a><\/p>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<h2 id=\"lorem-ipsum-customer-reviews\"><strong>Questrade Customer Reviews<\/strong><\/h2>\n\n\n\n<p>Questrade reviews are generally positive. Most of the customers praised the platform&#8217;s availability of many trading options and transparent fees. Some, however, expressed concerns about the occasional technical bugs within the software and the slow response of the customer support team. Let\u2019s take a quick look at some Questrade reviews:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p>My experience with Questrade has been phenomenal. I could effortlessly manage my Canadian portfolio. They charge much lower fees than many other online brokers<\/p><cite>Riley J.<\/cite><\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote\"><p>I\u2019ve been using Questrade for a year, and I\u2019m delighted with the platform. The fees are very reasonable, and the customer service is excellent. I would recommend Questrade to others<\/p><cite>John S.<\/cite><\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote\"><p>I found the options at Questrade a bit overwhelming when I first opened an account. They also don\u2019t have a mock or demo account option, which is something I didn\u2019t like<\/p><cite>Dark8968<\/cite><\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote\"><p>I started trading at Questrade in no time after opening an account. They offer some serious resources and learning videos. The fees are reasonable.<\/p><cite>Alex Steven<\/cite><\/blockquote>\n\n\n\n<h2 id=\"lorem-ipsum-llc-service-review\"><strong>Questrade Service Review<\/strong><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img width=\"800\" height=\"360\" src=\"https:\/\/www.bizreport.com\/wp-content\/uploads\/2022\/10\/Untitled-design-9-2.jpg\" alt=\"Questrade review\" class=\"wp-image-194842\"\/><\/figure><\/div>\n\n\n<div class=\"wp-container-5 wp-block-group group-compare\"><div class=\"wp-block-group__inner-container\">\n<h4 id=\"review-of-lorem-ipsum\">Review of Questrade<\/h4>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Overall Pricing and Value<\/td><td>\t<div class=\"percent-custom\">\r\t\t<div class=\"percent\" style=\"width:90%\"><\/div>\r\t\t<div class=\"text has-percent\">90%<\/div>\r\t<\/div>\r\t<\/td><td>90%<\/td><\/tr><tr><td>Cost Value<\/td><td> \t<div class=\"percent-custom\">\r\t\t<div class=\"percent\" style=\"width:95%\"><\/div>\r\t\t<div class=\"text has-percent\">95%<\/div>\r\t<\/div>\r\t <\/td><td>95%<\/td><\/tr><tr><td>Customer Support<\/td><td> \t<div class=\"percent-custom\">\r\t\t<div class=\"percent\" style=\"width:80%\"><\/div>\r\t\t<div class=\"text has-percent\">80%<\/div>\r\t<\/div>\r\t <\/td><td>80%<\/td><\/tr><tr><td>Ease of Use<\/td><td> \t<div class=\"percent-custom\">\r\t\t<div class=\"percent\" style=\"width:85%\"><\/div>\r\t\t<div class=\"text has-percent\">85%<\/div>\r\t<\/div>\r\t <\/td><td>85%<\/td><\/tr><tr><td>Included Features<\/td><td>\t<div class=\"percent-custom\">\r\t\t<div class=\"percent\" style=\"width:90%\"><\/div>\r\t\t<div class=\"text has-percent\">90%<\/div>\r\t<\/div>\r\t<\/td><td>90%<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div><\/div>\n\n\n\n<p>This Questrade review takes a look at the overall services and features you will find on the trading platform.&nbsp;<\/p>\n\n\n\n<h3>Is This Brand Right For You?<\/h3>\n\n\n\n<p>Questrade is a good choice for those who want to handle investments and trade a wide range of assets. The company offers a self-directed investing platform and a managed portfolio service. It also has low commissions and fees.<\/p>\n\n\n\n<h3>Cost Value&nbsp;<\/h3>\n\n\n\n<p>Questrade is Canada\u2019s leading discount brokerage that offers low commissions and fees. For instance, stock commissions start at $4.95 per trade. Without any minimum investment for your account, Questrade is particularly great for beginners.&nbsp;<\/p>\n\n\n\n<h3>Customer Service<\/h3>\n\n\n\n<p>The Questrade customer service team is responsive and helpful. The company also has an extensive FAQ section on its website. The friendly customer support team is one of the key reasons for good Questrade reviews from customers.&nbsp;<\/p>\n\n\n\n<h3>Ease of Use<\/h3>\n\n\n\n<p>Questrade is a user-friendly platform. You can access all of the trading options and analytics right from its single-page dashboard. The basic package also comes with several good analytics and research tools.&nbsp;<\/p>\n\n\n\n<h3>Included Features<\/h3>\n\n\n\n<p>In this Questrade review, we\u2019ll take a look at the features that give the brand an edge over other trading platforms. Here are some of them:<\/p>\n\n\n\n<ul class=\"col-list\"><li>Low fee trading: Questrade trading and administrative fees are generally lower than the competitors.<\/li><li>Easy to get started: You can start trading at Questrade within minutes.&nbsp;<\/li><li>Mobile app: The platform has brought plenty of features to its mobile app \u2013 QuestMobile so that you can trade on the go.&nbsp;&nbsp;<\/li><li>Transparent investment outcome: You can easily get a good idea of your investment outcome by using the interactive brokers\u2019 investment return forecast tool.&nbsp;<\/li><li>Family member linking: You can enjoy even lower fees if multiple members of your family trade with Questrade.&nbsp;<\/li><li>Easy taxation: Questrade helps you get applicable tax breaks in compliance with the regulatory organization of Canada IIROC.&nbsp;<\/li><\/ul>\n\n\n\n<h3>Overall<\/h3>\n\n\n\n<p>To sum up our Questrade review, it may be an excellent option for those who are looking for a discount trading platform in Canada but want to access a full range of trading options.<\/p>\n\n\n\n<h2 id=\"alternative-to-lorem-ipsum\"><strong>2 Top Questrade Alternatives<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-table table-default is-style-regular table-package\"><table><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><\/td><td class=\"has-text-align-center\" data-align=\"center\">Qtrade<\/td><td class=\"has-text-align-center\" data-align=\"center\">TD Direct Investing<\/td><td class=\"has-text-align-center\" data-align=\"center\">Questrade<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Overview<\/td><td class=\"has-text-align-center\" data-align=\"center\">Beginner-friendly trading platform with algorithmic advising<\/td><td class=\"has-text-align-center\" data-align=\"center\">Comprehensive brokerage options backed by a solid financial institution<\/td><td class=\"has-text-align-center\" data-align=\"center\">Low-fee trading with various asset options<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Ranking<\/td><td class=\"has-text-align-center\" data-align=\"center\">4.4\/5<\/td><td class=\"has-text-align-center\" data-align=\"center\">4.2\/5<\/td><td class=\"has-text-align-center\" data-align=\"center\">4.5\/5<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Detail<\/td><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/www.bizreport.com\/investing\/qtrade-review\" target=\"_blank\" rel=\"noreferrer noopener\">Read Review<\/a><\/td><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/www.bizreport.com\/investing\/td-direct-investing-review\/\" target=\"_blank\" rel=\"noreferrer noopener\"> Read Review <\/a><\/td><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"#\"> Read Review <\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Link<\/td><td class=\"has-text-align-center\" data-align=\"center\"> <p class=\"btn-orange-out\"><a href=\"https:\/\/www.qtrade.ca\/en\/investor.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Visit Website<\/a><\/p> <\/td><td class=\"has-text-align-center\" data-align=\"center\"> <p class=\"btn-orange-out\"><a href=\"https:\/\/www.td.com\/ca\/en\/investing\/direct-investing\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Visit Website<\/a><\/p> <\/td><td class=\"has-text-align-center\" data-align=\"center\"><p class=\"btn-orange-out\"><a href=\"https:\/\/www.questrade.com\/home\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Visit Website<\/a><\/p><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 id=\"incfile\">QTrade<\/h3>\n\n\n\n<p>Similar to Questrade, Qtrade is also a Canadian investment platform where you can trade various assets at a competitive and transparent fee structure. You can trade over a hundred commission-free ETFs and MFs. They also offer a trial account to help you learn trading without actually putting in any money.&nbsp;<\/p>\n\n\n\n<h3>TD Direct Investing<\/h3>\n\n\n\n<p>TD Direct Investing offers more advanced and professional trading options than Questrade. As TD Bank backs the platform, you will get peace of mind considering that it adheres to the investment industry regulatory organization. They provide a wide range of educational training programs for investors.&nbsp;<\/p>\n\n\n\n<h2><strong>Conclusion<\/strong><\/h2>\n\n\n\n<p>Overall, Questrade IQ Edge has some excellent features to provide complete investment solutions for both beginner and advanced users. The fee options are highly transparent, and you can easily use the ones that suit your needs and offer the best value.<\/p>\n\n\n\n<h2 class=\"title-green\" id=\"frequently-asked-questions-faqs\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#387f58\" class=\"has-inline-color\">Frequently Asked Questions (FAQs)<\/mark><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1640233105162\"><strong class=\"schema-faq-question\"><strong>What assets can I trade at Questrade?<\/strong><\/strong> <p class=\"schema-faq-answer\">You can invest in stocks, ETFs, options, FX, IPOs, CFDs, MFs, bonds, GICs, international equities, and precious metals on Questrade.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1666551910863\"><strong class=\"schema-faq-question\"><strong>Does Questrade charge a maintenance fee?<\/strong><\/strong> <p class=\"schema-faq-answer\">Questrade charges an account maintenance fee of 0.20% &#8211; 0.25% if you invest in a managed Questwealth portfolio.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1666551923098\"><strong class=\"schema-faq-question\"><strong>Does Questrade manage my portfolio?<\/strong><\/strong> <p class=\"schema-faq-answer\">They have both options \u2013 self-directed investment and managed portfolio.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1666551935759\"><strong class=\"schema-faq-question\"><strong>How to deposit money into a Questrade account?<\/strong><\/strong> <p class=\"schema-faq-answer\">You can deposit money through EFT and wire transfer in your Questrade account by paying transfer fees.<\/p> <\/div> <\/div>\n","protected":false},"author":24,"featured_media":194836,"template":"","categories":[106,171],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<meta name=\"description\" content=\"Looking for professional portfolio management services at a low fee? Check out Questrade Canada and its alternatives today.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Questrade Canada Review 2024: Features &amp; Alternatives\" \/>\n<meta property=\"og:description\" content=\"Looking for professional portfolio management services at a low fee? Check out Questrade Canada and its alternatives today.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review\" \/>\n<meta property=\"og:site_name\" content=\"Biz Report\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-18T07:47:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bizreport.com\/wp-content\/uploads\/2022\/10\/Single-Reviews-2-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"420\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"10 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.bizreport.com\/#website\",\"url\":\"https:\/\/www.bizreport.com\/\",\"name\":\"Biz Report\",\"description\":\"News &amp; Guide for Businesses &amp; Startups\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.bizreport.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-CA\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#primaryimage\",\"inLanguage\":\"en-CA\",\"url\":\"https:\/\/www.bizreport.com\/wp-content\/uploads\/2022\/10\/Single-Reviews-2-2.jpg\",\"contentUrl\":\"https:\/\/www.bizreport.com\/wp-content\/uploads\/2022\/10\/Single-Reviews-2-2.jpg\",\"width\":750,\"height\":420,\"caption\":\"Questmobile quest trade\"},{\"@type\":[\"WebPage\",\"FAQPage\"],\"@id\":\"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#webpage\",\"url\":\"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review\",\"name\":\"Questrade Canada Review 2024: Features & Alternatives\",\"isPartOf\":{\"@id\":\"https:\/\/www.bizreport.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#primaryimage\"},\"datePublished\":\"2022-10-24T15:43:45+00:00\",\"dateModified\":\"2022-11-18T07:47:13+00:00\",\"description\":\"Looking for professional portfolio management services at a low fee? Check out Questrade Canada and its alternatives today.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#breadcrumb\"},\"mainEntity\":[{\"@id\":\"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#faq-question-1640233105162\"},{\"@id\":\"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#faq-question-1666551910863\"},{\"@id\":\"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#faq-question-1666551923098\"},{\"@id\":\"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#faq-question-1666551935759\"}],\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"ca\",\"item\":\"https:\/\/www.bizreport.com\/ca\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Investing\",\"item\":\"https:\/\/www.bizreport.com\/ca\/investing\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Questrade Canada Review\"}]},{\"@type\":\"Question\",\"@id\":\"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#faq-question-1640233105162\",\"position\":1,\"url\":\"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#faq-question-1640233105162\",\"name\":\"What assets can I trade at Questrade?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"You can invest in stocks, ETFs, options, FX, IPOs, CFDs, MFs, bonds, GICs, international equities, and precious metals on Questrade.\",\"inLanguage\":\"en-CA\"},\"inLanguage\":\"en-CA\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#faq-question-1666551910863\",\"position\":2,\"url\":\"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#faq-question-1666551910863\",\"name\":\"Does Questrade charge a maintenance fee?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Questrade charges an account maintenance fee of 0.20% - 0.25% if you invest in a managed Questwealth portfolio.\",\"inLanguage\":\"en-CA\"},\"inLanguage\":\"en-CA\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#faq-question-1666551923098\",\"position\":3,\"url\":\"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#faq-question-1666551923098\",\"name\":\"Does Questrade manage my portfolio?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"They have both options \\u2013 self-directed investment and managed portfolio.\",\"inLanguage\":\"en-CA\"},\"inLanguage\":\"en-CA\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#faq-question-1666551935759\",\"position\":4,\"url\":\"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#faq-question-1666551935759\",\"name\":\"How to deposit money into a Questrade account?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"You can deposit money through EFT and wire transfer in your Questrade account by paying transfer fees.\",\"inLanguage\":\"en-CA\"},\"inLanguage\":\"en-CA\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Questrade Canada Review 2024: Features & Alternatives","description":"Looking for professional portfolio management services at a low fee? Check out Questrade Canada and its alternatives today.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review","og_locale":"en_US","og_type":"article","og_title":"Questrade Canada Review 2024: Features & Alternatives","og_description":"Looking for professional portfolio management services at a low fee? Check out Questrade Canada and its alternatives today.","og_url":"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review","og_site_name":"Biz Report","article_modified_time":"2022-11-18T07:47:13+00:00","og_image":[{"width":750,"height":420,"url":"https:\/\/www.bizreport.com\/wp-content\/uploads\/2022\/10\/Single-Reviews-2-2.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"10 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/www.bizreport.com\/#website","url":"https:\/\/www.bizreport.com\/","name":"Biz Report","description":"News &amp; Guide for Businesses &amp; Startups","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bizreport.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-CA"},{"@type":"ImageObject","@id":"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#primaryimage","inLanguage":"en-CA","url":"https:\/\/www.bizreport.com\/wp-content\/uploads\/2022\/10\/Single-Reviews-2-2.jpg","contentUrl":"https:\/\/www.bizreport.com\/wp-content\/uploads\/2022\/10\/Single-Reviews-2-2.jpg","width":750,"height":420,"caption":"Questmobile quest trade"},{"@type":["WebPage","FAQPage"],"@id":"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#webpage","url":"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review","name":"Questrade Canada Review 2024: Features & Alternatives","isPartOf":{"@id":"https:\/\/www.bizreport.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#primaryimage"},"datePublished":"2022-10-24T15:43:45+00:00","dateModified":"2022-11-18T07:47:13+00:00","description":"Looking for professional portfolio management services at a low fee? Check out Questrade Canada and its alternatives today.","breadcrumb":{"@id":"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#breadcrumb"},"mainEntity":[{"@id":"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#faq-question-1640233105162"},{"@id":"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#faq-question-1666551910863"},{"@id":"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#faq-question-1666551923098"},{"@id":"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#faq-question-1666551935759"}],"inLanguage":"en-CA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bizreport.com\/ca\/investing\/questrade-review"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"ca","item":"https:\/\/www.bizreport.com\/ca"},{"@type":"ListItem","position":2,"name":"Investing","item":"https:\/\/www.bizreport.com\/ca\/investing"},{"@type":"ListItem","position":3,"name":"Questrade Canada Review"}]},{"@type":"Question","@id":"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#faq-question-1640233105162","position":1,"url":"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#faq-question-1640233105162","name":"What assets can I trade at Questrade?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"You can invest in stocks, ETFs, options, FX, IPOs, CFDs, MFs, bonds, GICs, international equities, and precious metals on Questrade.","inLanguage":"en-CA"},"inLanguage":"en-CA"},{"@type":"Question","@id":"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#faq-question-1666551910863","position":2,"url":"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#faq-question-1666551910863","name":"Does Questrade charge a maintenance fee?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Questrade charges an account maintenance fee of 0.20% - 0.25% if you invest in a managed Questwealth portfolio.","inLanguage":"en-CA"},"inLanguage":"en-CA"},{"@type":"Question","@id":"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#faq-question-1666551923098","position":3,"url":"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#faq-question-1666551923098","name":"Does Questrade manage my portfolio?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"They have both options \u2013 self-directed investment and managed portfolio.","inLanguage":"en-CA"},"inLanguage":"en-CA"},{"@type":"Question","@id":"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#faq-question-1666551935759","position":4,"url":"https:\/\/www.bizreport.com\/ca\/investing\/questrade-review#faq-question-1666551935759","name":"How to deposit money into a Questrade account?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"You can deposit money through EFT and wire transfer in your Questrade account by paying transfer fees.","inLanguage":"en-CA"},"inLanguage":"en-CA"}]}},"_links":{"self":[{"href":"https:\/\/www.bizreport.com\/ca\/wp-json\/wp\/v2\/single_reviews\/194940"}],"collection":[{"href":"https:\/\/www.bizreport.com\/ca\/wp-json\/wp\/v2\/single_reviews"}],"about":[{"href":"https:\/\/www.bizreport.com\/ca\/wp-json\/wp\/v2\/types\/single_reviews"}],"author":[{"embeddable":true,"href":"https:\/\/www.bizreport.com\/ca\/wp-json\/wp\/v2\/users\/24"}],"version-history":[{"count":0,"href":"https:\/\/www.bizreport.com\/ca\/wp-json\/wp\/v2\/single_reviews\/194940\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bizreport.com\/ca\/wp-json\/wp\/v2\/media\/194836"}],"wp:attachment":[{"href":"https:\/\/www.bizreport.com\/ca\/wp-json\/wp\/v2\/media?parent=194940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bizreport.com\/ca\/wp-json\/wp\/v2\/categories?post=194940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}