How much money do you need to open a Questrade account?
To start trading, Questrade requires a minimum deposit of $1000. Once you fund your account with the minimum amount of $1000 you can start buying and selling stocks, ETFs and other investment products.
Which bank is Questrade?
Questrade is an online brokerage firm and wealth management firm based in Canada. It is Canada's largest discount broker.
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Questrade.
Type |
Private |
Founded |
October 1, 1999 |
Headquarters |
Toronto, Ontario , Canada |
Key people |
Edward Kholodenko (CEO) Dean Percy (CFO) |
Services |
Stockbroker Electronic trading platform Robo-advisor |
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Is Questrade a good idea?
Questrade excels at taking the hassle out of DIY investing plus saving big on fees. With the competitive pricing (especially for ETFs), $0 account fees, simple account set up, ease of use, and innovative trading platforms, Questrade is an excellent choice for Canadian investors looking to save thousands on fees.
Is Questrade legitimate?
The bottom line is that Questrade is a safe, legitimate brokerage platform to trade stocks, bonds, options, ETFs, and mutual funds. Despite not having any physical locations, the company administers more than $25 billion in user funds, with investors opening more than 50,000 new Questrade accounts each year.