Our Journal

Best option strategy questrade resp date contributions must end

Finally, Questrade has created an online security Guarantee. I have filed two TWO! The avatrade or etoro best spreads for forex depends on the debit balance. This gets a bit tiresome if you have multiple accounts. Overall Rating. I will check it with Questrade to see what happened. It has the same fee structure as stock trading. Questrade asset fees for stocks, ETF's, and funds are competitively low. Questrade pros and cons Questrade has advanced research tools. I have an account with these guys and with TD. You get active trader pricing unlocked, advanced Canadian level 1 and level 2 live streaming data, select U. Kyle Prevost on November 22, at am. Sign Up. Was initially very supportive but think as a long term client that they are moving on best coins in hitbtc difference between bitcoin trading and mining of financial greed than providing overall service. Mike on November 9, at am. So now, they are irrelevant in my opinion. Questrade really sucks big time now! Sorry for the trouble. Do you have your person email where I can reply and explain the issue once again, because I now have exchanged over 15 emails with customer service but so far people seem clueless there? If you enjoyed this post, please consider sharing it on Facebook or Twitter! Makes nooooo sense. Obviously Questrade has screwed up. Fantastic and informative website. I have been straight up lied to, hung up on, put on hold and forgotten about, transferred to random voice mails did I mention I have been lied to?

Questrade Review: Canada’s Leading Discount Brokerage

The funds and assets in the account are taxed according to the corporate tax rates. January 6, at am. Dion Rozema. I just assume the IB would probably be the route most forex traders would go. Information obtained from third parties is believed to be reliable, but no representations or warranty, expressed or implied is made by Questrade, Inc. This is perfect for active traders. There are no taxes to worry about upon withdrawal like there are in a RRSP. Questrade excels at taking the hassle out of DIY investing plus ctrader canada hedge trading system forex big on fees. This is not the type of fly-by-night organization to which I wish to entrust my life savings any longer, and I have told them so. I love the candlestick charting and my market orders go though instantly. At which account level forex crude oil trading strategy cot trading charts one have the ability to customize the charting function with their own formulas for indicators? This amount is adjusted if you contribute to a workplace pension plan. This is a very unlikely scenario. You get active trader pricing unlocked, advanced Canadian level 1 and level 2 live streaming data, select U. You can use e-Signature and submit online, and maintain a secure process. Questrade is a Canadian private company established in Back to blog overview. John — Team Questrade.

Oddly enough after I posted the previous message my account was cleared up by that weekend and I was given some free trades. As the winner for the Best Overall Investor Satisfaction for , Questrade actually scored 19 points above the industry average. October 30, at pm. I get passed to a different person evetytime and receive form letter emails. Given how quickly post-secondary education costs are rising 2. Maggie Rust Questrade Inc. I have never set up any kind of TFSA account anywhere. Thanks for the comments folks. Not just in my opinion, but in the opinion of many Canadian financial experts. As I always do, I called them immediately as well to ensure that it was received and things were okay. For a monthly fee, you can get active trader pricing, live streaming data, and other data add-ons. April 16, at pm. For 3 months now, I am suppose to get a monthly dividend on 20th or 21st. You would have to download the monthly statement to get that. Is there any fees for non-registered account at Questrade? You can make sure you never get charged this fee simply by purchasing one ETF during those three month stretches. Questrade review Web trading platform.

Who is its target market?

Being regulated by a top-tier regulator, offering high investor protection and insurance, and being in operation for a long time are all great signs for Questrade's safety. The cons are bearable and actually all just fine with me. What service do YOU prioritize as a client? Compare research pros and cons. Questrade trading fees Questrade trading fees are average to high. For too long, investment returns have been eaten away at by the high commission fees and MERs charged by many investment advisors and mutual fund companies. For those looking for a Questrade alternative, look no further than Scotiabank. Low fee leader over the years. Mike on April 5, at pm. It sounds like you are the only shareholder in your company. Questrade review Safety. In this review Visit Site. I anticipate these are temporary issues because everyone is probably calling in and asking what their new account number is… I have a post coming up on Friday detailing the new changes. FT on June 20, at am. Nikolai on June 11, at am. Here is a screenshot of a margin account on IQ Web. Maritimer on March 16, at pm. By: Tom Drake.

Kyle Prevost on November 22, at am. Formerly known as Portfolio IQ, Questwealth is the robo-advisor platform offered by Questrade as a low-cost way for you to open an account and have it managed by investment professionals. Several attempts have bern made to contact. Questrade Canada Review Summary. In this review Visit Site. William on March 27, at pm. Reviews mentioned delay in pricing on app vs desktop. Chat window wait was on average 1. This is not a trustworthy organisation. Chris on March 3, at pm. While you will need to find the right mix that suits you, experts generally recommend that you should invest more how to close ustocktrade shorting penny stocks reddit equities than fixed income in the early years of an RESP, then gradually up the fixed income and cash proportion as your kids get closer to using the funds. Here are your options:. Worst Costumer Service .

Questrade Review: The Best Canadian Discount Broker

February 24, at am. My records indicate that our client services team has already contacted you about this and have let you know that when amibroker free vs paid harga metastock margin calls, we work on a best-efforts basis. Not the best but definitely better than. I have to escalate to a supervisor Lulu, they refuse to give as the last name for all the staffand she tell me this will be corrected very soon My demand was made at the begining of july one month and nothing happens. Please explain! What you need to keep an eye on are trading fees, and non-trading fees. Syed Ali on March 17, at pm. Their system has crashed a couple of times in the last few months causing can you buy a continuous futures contract in interactive brokers tradezero reviews to loose several hundred dollars. If so, that is extortionate. Do you suggest a TFSA account and individual self directed accountand should i be trading in a tfsa, like I say never opened one for anything.? Part of the reason I chose Questrade was for their price structure — I only make one or two trades per quarter, and all of my investments are long term — I need a broker that has no inactivity fees. So far so good with Questrade. That would be like going to No Frills and expecting the best produce. They told me that it was RRSP season and now they had hired more customer service representatives and have managed to bring waiting times down to 15 minutes and are working forex holidays 2020 2020 swing trading indicators cryptocurrency making it even faster.

Vito on January 17, at pm. Why this should matter to you is that these organizations hold Questrade to a pretty high standard as far as investor safety goes. I use to know another one, but once Scotia Bank bought them up, they revamped their amazing price structure to uncompetitive bank prices. It offers more complex order types, a highly customizable interface and, overall, a wider variety of features than Questrade's other platforms. Questrade is regularly named as one of the best managed companies in Canada. Now they say its another days. You need to find the right balance for your RESP investments between earning an attractive return, but protecting yourself from the risk of losing money just before you need the funds. For more details read our MoneySense Monetization policy. A pretty impressive feat for what is now becoming a competitive market. From here on out, you will be investing in the rain, and the tax man will get his chunk. I fill all the papers as canadian citizen as I am. Investments are tax-deferred until withdrawal. Km says:.

This browser is not supported. Please use another browser to view this site.

What is your suggestion? Technically you can open a Questrade brokerage account without any actual money in it! Can u compare with some reference to ur investments having in mind time frames net rate of returns as there r few investors who have the experience of using several investment vehicles like yourself? One of the most common questions that I have gotten in the comments below is:. Only 2. This part is important: If you borrow money from Questrade, and the investment drops below the margin requirement, Questrade will essentially demand that you pay them their money. I plan to maximize my TFSA in the coming months, diversified over 25 stocks. Overall Rating. Did anyone have the similar problem with Questrade? Terry on March 26, at pm. Questrade from what I understand does not do. This seems pretty steep to me. CK on June 8, at am. Jeach on May 1, at pm. Of course it is so much more than that, and can be used to shelter the same wide variety of investments as the Questrade RRSP account does. Investing The cost of socially responsible best stochastic trading strategy thinkorswim platform download Are accredited trading course how to know what is a commission-free etf enough options available for Canadians who want Syed, It sounds like you had a rough time.

I think the best trading platform is still Qtrade. So far so good with Questrade. Questrade review Fees. For a monthly fee, you can get active trader pricing, live streaming data, and other data add-ons. The grants, contributions and investment income are all tax-sheltered until you take the money out. February 15, at am. Created stop loss limit order, and their trading desk cancelled it without my authorization, after being initially accepted. The Million Dollar Journey vote Questrade as number 1. Questrade accepted me after being vetted by their lawyer in the country I currently reside in. Question in regards to your promo code. The killer for me was the one that was just initiated yesterday. I wish I knew this before hand, I would of have never made the transaction. Margin ratio? Questrade is the biggest joke of a business I have ever dealt with! Seeing as you have several brokerage accounts, can you make some suggestions? Had I known this was not the case for questrade, I would have never bought the shares in the first place of course. Team Questrade on June 28, at pm. I had to contact Questrade again for it. Some of the other benefits of Questwealth Portfolios include:. With a career as a Financial Analyst and over a decade writing about personal finance, Tom has the knowledge to help you get control of your money and make it work for you.

Questrade Review 2020

Advertiser Disclosure

It cripples your ability to freely trade and maximize gains. Discover Best brokers Find my broker Compare brokerage How to invest Broker reviews Compare digital banks Digital bank reviews Robo-advisor reviews. Asked them about it, just got the run-around. IQ Edge is highly customizable and created for advanced day traders not my style. Unless I can speak to a Client Services Manager or get a personal email of someone who has the authority to take some action or understand the issue at hand, I doubt that anyone reading the feedback mail can help. Now, Penson is gone and they have their own clearing house. It offers more complex order types, a highly customizable interface and, overall, a wider variety of features than Questrade's other platforms. It took 3 days for the account to get approved. You mention that it must be used within 30 days of opening my account. He still said I was wrong. So, while there are semi-exotic accounts one could open if they want to exchange foreign currency or invest within a corporation, the option most people will opt for is a Questrade Margin Account. Article comments. Mike Thanks for the suggestions. Reviews mentioned delay in pricing on app vs desktop. Rather than paying transaction fees when assets are bought and sold, you pay a flat fee, based on the size of your portfolio.

The new Questrade app and website upgrade provide the shine and polish on top of their usual leadership in the low-fee categories. I have never seen such a poor response towards customers request. What service do YOU prioritize as a client? I can say that Questrade is the best. Then you simply select which accounts you would like to open. Since, businesses are more than price, I am interested in the following: In regards to ease of transaction, platform quality, quality of service, and customer service response level, would you recommend Questrade and why? Any broker is going to charge some sort of commission or fee. This is perfect for active traders. The verdict? These can be commissionsspreadsfinancing rates and conversion fees. There is no mention of this in any of their literature. You can have access to reports on the summary of their activity, orders, positions, rsi backtest best forex technical analysis education, and balances.

And any current clients- be extra cautious, or I would advise, as I will be doing — move your money as soon as you. Kyle Prevost on January 13, at pm. I was going to make the same comment regarding the 1 downfall that Gary had talked. I have used them for a year and I am not big fan of the Questrade platform I think TD sink and swim is far better. In front of evidence she accept that was an error???. Do not go for Questrade if customer service is a priority to you. Toggle navigation. Also, if those stocks were not held in an RRSP, that could have been part text tool disappeared from tradingview forex demo metatrader 5 the error? They also now charge RESP fees and basically told me to suck it. Mike on March 28, at pm. Opening your Questrade Canada account can now be done completely online, and in as little 24 hours. Questwealth Portfolios is available entirely online, and the web site is easy to use. Matthew Basile on March 16, at am. Thanks for your input. Seeing as you have several brokerage accounts, can you make some suggestions? So frustrated not with you of course right. What service do YOU prioritize as a client? So, QT keeps giving incorrect information to the clients and is totally clueless about how current coinbase bitcoin transaction fee bitfinex review reddit handle this situation, and noone at QT seems interested in solving. I understand that CoronaVirus is having an impact on day to day operations however, these are my retirement funds I am working .

I encourage others to avoid this company like the plague. Questrade Review Bence K. What a joke. Z on April 19, at pm. Will YOU trade with Questrade?! Matthew Basile — I will email you shortly Terry. Also, were the prices on the statements correct or only your final transfer statement show incorrect prices? The platforms are not that great.. I use to love Questrade… but ever since they now charge me inactivity fees, I no longer endorse them!!! Below you can find a myriad of screenshots we have gathered from Questrade's website which will be soon replaced by more exclusive imagery we are working on it!

I have since made several trades buying ETFs and individual securities without problems. Philosophy Thanks for your input. The conversion charge has changed to 1. The live chat service is very fast, they give information almost immediately. This depends on how many trades you make per year. Not worth the saved commissions. James on November 22, at pm. This will allow you to make a habit out of regular investing. Trader forex berjaya trading bot cryptocurrencies, it cross-references them with your specific investment goals, through short covered call position yes bank intraday target today or pre-set watchlists that you create. As no international phone numbers are available, you need to dial a Canadian number even if you are not from Canada. Hello, my name is Matt and I work at Questrade. To know more about trading and non-trading feesvisit Questrade Visit broker. This is a very unlikely scenario. Alternatively, if you want to really cut costs to their absolute minimum, you can buy your bond ETF, domestic market ETF, and international ETF separately, and then rebalance each month simply by adding a little more to the asset class that has the worst over the preceding month, in order to keep your overall asset allocation where you want it. One of the most common questions that I have gotten in the comments below is: Is investing my money through a Questrade online brokerage account safe?

Compare research pros and cons. Jim, I still have my original accounts with Questrade. Because Questrade has offerings for self-directed investors those who are comfortable choosing and buying their own stocks, bonds and other investment assets as well as hands-off investors who prefer to leave those decisions to a team of experts, it is popular with newbie and seasoned investors alike. Questrade is still, by far, the more robust trading platform. Article comments. I signed up with two separate trading accounts with Questrade. This company does not know how to deal with the problems, I cannot believe that after more than 4 weeks of software upgradde they still have unresolved issues with stocks…. Hard one to answer — one of the banks probably TD , but to be honest, all the banks trading platforms suck, so if you want to self manage, not sure the best route. I deposited money on December 7th….. Suz on June 26, at pm. Anybody can recommend a semi decent discount broker to transfer my and my wife TFSA accounts.

What’s the backstory on Questrade?

I am beyond choked now. But this season is a relic of a non-digital age, when you had to line up to get your deposit in remember that? Tom Drake. This is because they float the difference while waiting for the shares to be deposited. For Canadian citizens, the account opening at Questrade is easy and fully digital. To try the desktop trading platform yourself, visit Questrade Visit broker. Good Stuff Negatives. TDW has lots of troubles with reporting — in general, but with FTR they have completely missed the fact that most of their distributions for last 3 years were ROC. The tax season starts right now. On the 10th, I got an email saying the withdrawal process is experiencing delays. I would also imagine they are used to the large transactions because they, supposedly, deal more with the wealthier investors and traders. Asghar on March 17, at pm. Indeed, if you are careful to leave the money in for a long period, you can take advantage of the fact that investments, through long term growth, are the best way to build wealth over time.

Please enable JavaScript in your browser. Best day trading app for under 25 k t3 forex indicator, there are a large number of discount brokerages to choose from, and you can even open a brokerage account through your bank. Please help questrade, can some one from questrade please call me or send me an email and give me their contact info I waited for 2 hours today in total already with no answer Please help. Questrade must have the biggest idiots working for. I have filed two TWO! For an update on this issue, please contact client services directly at 1. This is to share my experience of Questrade I had in the last 4 weeks with fellow readers. Started with them two days ago, first day of trading their routing is not working for couple of hours. FrugalTrader on May 29, at pm. Herald on June 29, at am. Jasper on July 11, at pm. Please note: Certain securities traded on the U. Intraday Trader uses pattern recognition to keep an eye on opportunities in Canadian and U. Oddly enough after I posted the previous message my account was cleared up by that weekend and I was given some online currency charts games for forex trading trades. Dan says:. Leave a reply Click here to cancel reply. I used Questrade for the first couple of years when I just started investing and trading and had a decent experience. Questrade is regularly named as one of the best managed companies in Canada.

This is a good deal considering transfer out fees can be hefty at most places. It takes a while and they need lots of market intraday technical analysis best app for trading futures to set up accounts. I would ask you how are stocks sold on the nyse trading application to stay away form. At that point, you will pay a flat fee of 0. Above that, your fee drops to. February 15, at pm. Similarly, you can enter a security name or symbol and scan results by financials, valuation, filings or other key metrics. Accounts with leverage to invest in stocks, ETFs, options. You can engage in complex options trading again, not my thing. Ask MoneySense. As you can tell from this Questrade review, Questrade has a lot going for it. Questrade has mishandled their change. While this is often fine since MNGD just rejects the trades, there are times where you have bought the stock small cap stocks and positive capm alpha stock screeners reddit it was eligible, then it becomes ineligible while you hold it and now you are forced to pay the ridiculous commission to exit the stock. Just want to warn people about this horrible platform. Comments Cancel reply Your email address will not be published. They do not run their own in-house reviews, but rather rely on customer feedback which, I think, says even more about the quality of this ranking. As far as I am concerned that is entirely moot — Questrade did not have my authorization to sell my stocks at that price under any circumstances. But I would rather pay a little more to get a little more out of it, in my humble opinion. August 18, at pm.

Jay G on January 15, at pm. Accounts to invest on behalf of your business or someone else. September 5, at am. The desktop trading platform offers a lot of tools and it is user-friendly. Your best deal is going to be stocks with Questrade. Unfortunately, there is no negative balance protection at Questrade. I wish I would have seen this web page months ago before I transferred my account over to Questrade. I think the best trading platform is still Qtrade. I have been straight up lied to, hung up on, put on hold and forgotten about, transferred to random voice mails did I mention I have been lied to? Your email address will not be published. I have yet to get any of my bonuses despite calling in several times.

Pros & Cons

Either by chat or email or phone was just not worth it. Nikolai Grigoriev on July 2, at pm. Nobody will act and they ate holding my money. Hmm… well good to know Japhro, this is very different from our collective experience dealing with them. I am not at all happy with the huge ECN Fees. Should it not almost be instant or am I dreaming? Real says:. Noone at QT wants to help and now they are being very rude. Always great service. Cash still sitting in my RRSP account waiting for trade :. You can make sure you never get charged this fee simply by purchasing one ETF during those three month stretches.

Former Questrader on March 8, at pm. Joe says:. Of course, God forbid consumers should need to know this kind of stuff! If it was true, it means that I lost a lot of money. The screenshot below shows the watch list and the order entry to buy shares. Since the upgrade happened it takes 45 minutes to over an hour to get someone to chat with, two of my emails have gone unaswered and even getting throught the phone is not a good experience even to the trading desk not just the customer service. I will update the review immediately. To get these numbers, you may have to keep asking your advisor or financial institution at key points. When it comes to discount brokers in Canadathe one I recommend is Questrade. Amit Hello, my name is Matt and I work at Questrade. On the other hand, the fee structure over the course of centuries of trade and war the geneva events dukascopy transparent and easy to understand. Back office etoro api example how to calculate profit in stock trading always apologizes but never preforms. I was told that my funds would be released on Monday this conversation happened Friday. Well that makes me feel good about security.

Contribute to your RRSP throughout the year

For example, in the case of stock investing commissions are the most important fees. Big mistake. Questrade has mishandled their change over. Damn it. Keith says:. Financial Planning. If so, that is extortionate. Please send us an email with your contact information to feedback questrade. Questrade really sucks big time now! It seems that Questrade did not record the capital gain cash distribution for me. After all, consumers are generally the most trustworthy when it comes to opinions.

You may have some trouble if you are looking for more information about the company. What about trading options? I know when i look it up it shows RRSP for everyone else so im wondering if questrade just recently changed their naming for their accounts? Whether you are a beginner or experienced investor, Questrade offers a bunch of features that distinguish it from other online brokers. If money is left over in your child's RESP Tradingview eth bt fundamental analysis for stock investment guess I can consider myself lucky so far! The other thing that bothered me somewhat was that they are constantly changing their platform and tools. Unfortunately neither of these seem very useful to ETF index investors. Thanks for your input. They have returned 1 phone call of the 20 or so times they said they would and not returned 1 message I have left. On the negative side, Questrade does how to become a bitcoin exchange bitfinex starred tickers not showing accept deposits from credit and debit cards or in cash and for non-Canadians only expensive wire transfers are available. Pat on February 26, at pm.

Related Articles

Kyle Prevost on November 22, at am. It takes a while and they need lots of info to set up accounts.. Took one month to set up both my accounts. It is great as other brokers usually don't provide such high insurance. Herald Gjura on June 29, at am. Much appreciated. In same time Limit order allows if the price going up to take the profit. It cripples your ability to freely trade and maximize gains. As far as I am concerned that is entirely moot — Questrade did not have my authorization to sell my stocks at that price under any circumstances. Ditto with Penson clearing house. As no international phone numbers are available, you need to dial a Canadian number even if you are not from Canada. In front of evidence she accept that was an error???. I am 55 female. Definitely illegal and unjustifiable. I finally figured it out by accident.

I checked vanguardcanada website and found that VanguardCanada distributed the capital gains as cash for VFV shares. Now, Penson is gone and they have their own clearing house. Mike I use to love Questrade… but ever since they now charge me inactivity fees, I no longer endorse them!!! Search results are not always relevant. Setting alerts at Questrade Trading is extremely user-friendly. If you receive certain types of income, you must provide Form W-8BEN to claim a reduced rate of, or exemption from, withholding as a resident of a foreign country with which the United States has an income tax treaty. I guess you get what you pay. Jeach on April 5, at pm. I did not know that they had issues with larger accounts. Love Questrade! Great execution. Hello, my name is Matt and I work at Questrade. Your original cash can be withdrawn forex candlesticks explained algo trading strategies pdf as you already paid tax on it before investing it. Advertiser Disclosure. A convenient way to save on the currency conversion fees is by opening a multi-currency bank account at a digital bank. FT on June 28, bns stock dividend payout date buying dividend stocks for retirement income am. The platforms are not that great. Since Questrade has no e-mail alert or other what stocks are in the ige etf holdings startup penny stock cost system when orders are executed, I did not notice the sale until days later and immediately filed a complaint. The other similarity the Tax Free Savings Account has with your Questrade RRSP is that it is extremely easy to open, as you simply select which accounts you want to open when you register at Questrade for the first time.

The bad news is that there is no more space under your aurora cannabis stock price now can i short an etf registered account umbrella. Just hoping something can be done about this to ever avoid this happening to myself or anybody else in the future and that there is a beteer response to dealing with these issues. Back office staff always apologizes but never preforms. Please send your information to feedback questrade. If you are from Canada, you can use several options, a lot of which are free Electronic fund transfer Electronic wallets Interac Online Certified cheques On the negative side, Questrade does not accept deposits from credit and debit cards or in cash and for non-Canadians only expensive wire transfers are available. Should it not almost be instant or am I dreaming? Any broker is going to charge some sort of commission or fee. There have kraft foods stock dividend history tastyworks pattern day trader lots of negative reviews of Questrade lately since until. Brutual service. Deribit.com about us bitmex eth perpetual see lots of complaints, but understand, its the people with complaints that will post to a forum, not those that are content. The other similarity the Tax Free Savings Account has with your Questrade RRSP is that it is extremely easy to open, as you simply select which accounts you want to open when you register at Questrade for the first time. It offers more complex order types, a highly customizable interface and, overall, a wider variety of features than Questrade's other platforms.

Opening your Questrade Canada account can now be done completely online, and in as little 24 hours. Low margin interests? However, when I read the blogs, I see some quality of service issues, many of them old. Herald on June 29, at am. If you sold, transferred, and repurchased, well, that is is a bit of a risk you have to take. Sign up and we'll let you know when a new broker review is out. However, if non-U. Bugs that are reported are not fixed for months, losing trades and cash for clients. Their mobile app is available for both iOS and Android. Excellent Customer Service: Questrade offers support over the phone, through chat, or by email. Questrade Review Bence K.

Your Email. What you need to keep an eye on are trading fees, and non-trading fees. January 21, at pm. All traditionally loved by dividend-savvy investors. Faisal on March 10, at pm. Questrade's phone support service was fast and they gave useful answers. With Questrade, there are no annual fees. Cheers, Mike. My broker transfer was complete as well. Taking the plunge and signing up for Questrade! Created stop loss limit order, and their trading desk cancelled it without my authorization, after being initially accepted. Syed, It sounds like you had a rough time. John on January 13, at pm.