questrade.com
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Questrade is a Canadian online brokerage known for low-cost self-directed trading and its Questwealth managed portfolios. It offers commission-free ETF purchases, registered accounts (TFSA, RRSP, RESP) and desktop + mobile trading platforms aimed at DIY investors and active traders.
Highlights
Details
Trading platforms
Questrade provides multiple interfaces: a powerful downloadable workstation (IQ Edge) for active traders, a streamlined web platform for everyday investing and an iOS/Android app for trading on the go. Market data, customizable charts and order types are available, with professional tools exposed to users who trade regularly or require deeper analytics.
Accounts & pricing
Open registered accounts (TFSA, RRSP, RESP) and non-registered accounts; margin trading and options are supported. Pricing emphasizes low-cost trades and free ETF purchases, plus Questwealth managed portfolios for users who prefer a hands-off approach. Fee structure is transparent but can vary by product—review the brokerage's current fee guide before trading.
Funding & support
You can fund accounts via electronic bank transfers, wired deposits and bill-payment methods; Questrade also supports account transfers in and out. Customer support includes phone and online help plus a rich knowledge base. Expect document verification for registered accounts and occasional processing times for transfers and withdrawals.
Offerings
Verdict
What we like
- Commission-free ETF purchases and competitive commissions
- Multiple trading interfaces (desktop, web, mobile) with advanced tools
- Registered account support (TFSA, RRSP, RESP) and managed portfolios (Questwealth)
Worth knowing
- Primarily serves Canadian residents—international access is limited
- Fee schedule for advanced products can be complex
