What is Questrade?

Questrade is a Canadian online brokerage firm that offers trading and investment services, including stock trading, ETFs, and options.

When did it start operations?
Questrade was founded in 1999.

Where is its headquarters?
The company is headquartered in Toronto, Canada.

In which countries is it banned?
Questrade primarily serves Canadian residents and does not operate in the United States or other countries where regulatory restrictions apply.

Pros and Cons

Advantages:

• Low trading fees, especially for ETFs.
• User-friendly trading platform.
• Access to a wide range of investment products.
• Good educational resources for investors.

Disadvantages:

• Limited international market access.
• No mutual funds available for purchase in certain accounts.
• Some advanced trading features may have a learning curve.

Trading Instruments

What instruments can I trade?
You can trade various instruments, including:

• Canadian and U.S. stocks
• ETFs (Exchange-Traded Funds)
• Options
• Forex

Fees

What are the trading fees?
Questrade charges $0 for ETF purchases and approximately $4.95 to $9.95 per trade for stocks, depending on the volume. Additional fees may apply for options.

Scalping

Does it allow scalping?
Yes, Questrade allows scalping strategies on its trading platform.

Trading Platform

Is there a trading platform?
Yes, Questrade offers its own trading platform, known as Questrade Trading, which is designed for both beginners and experienced traders.

Margin Trading

Is there leveraged or margin trading?
Yes, Questrade offers margin trading with leverage options, allowing traders to borrow funds to increase their buying power.