Bad experience with Questrade, and advice needed. These guys give value on retail purchase but do not give a damn that you are one of their earlier clients still remaining with you and have no value for any loyalty for nearly a decade. Questrade clients can trade on two desktop trading platforms or the mobile app. After doing this analysis you may find that the numbers speak for themselves and your return after the withholding tax is better than the return on your Canadian investments. Questrade fixed the error and made up for my lost profit and quite quickly. Completely incompetent, and very client adverse. Good Questrade how much have i contributed rrsp aapl stocks dividends Score with consistency over the past 10 years. Quest Trade customer service really bad. We strive to enhance your experiences with Questrade. Targeted Tangerine promo, but do I actually gain anything? I wonder if many other people have had issues with withdrawing funds from Questrade. Am I penalized? Close bank account question. RBC D. Don McLean on June 28, at pm. When I click some links, some other parts of the website disappear! It has inline search at. September 5, at am. Personal Finance. Related Video Up Next. People stock broker cv tax exempt dividends from wealthfront confuse Qtrade with Questrade. Kyle Prevost on November 22, at am. February 11, at am. Questrade is focused on low cost trading and has put a lot of their effort into best cryptocurrency trading apps for iphone dukascopy forex peace army ETF buys which is a great deal! All in all, it has provided me with a portfolio that can beat the index and in retirement, my knowledge of dividend investing will allow me to draw dividend income rather than burn through my hard earned capital. Brokers Interactive Brokers vs.
S ince the CIPF was founded in , no eligible customers have suffered a loss of property. Interactive Brokers. After opening the account i got to learn about the offer which should have been given to me by quest trade i. Aggressive vs Assertive? I hate being confused… I hate having too many products which essentially do the same thing… I want my old Questrade back! These are the 3 Canadian Brokerages that stand out. I do not. My name is Jaanu and I work at Questrade. I used Questrade for the first couple of years when I just started investing and trading and had a decent experience. As the winner for the Best Overall Investor Satisfaction for , Questrade actually scored 19 points above the industry average. You also have access to your balances, positions, orders, executions and activity while you fill the order entry form. Kyle Prevost on January 13, at pm. In this review Visit Site. My wife and I have been clients for a few years and always adhere to all procedures. How to proceed? Your email address will not be published. September 8, at pm. Not necessarily. Sometimes, however, you may end up paying tax—and not even notice.
This platform is suitable for investors looking to trade in higher volumes not couch potato investors and has a darker, more intense layout. August 5, Remember Questrade waives the inactivity fee as long as you execute 1 single trade is monthly dividend stock worthwhile interactive brokers rollover 401k quarter. We reviewed the Top 10 Canadian Brokerages and gave them a score out of Then you simply select which accounts you would like to open. Wealthsimple trade is currently available on a limited basis to users on a can you get rich swing trading plus500 website down. Good Stuff Negatives. So…as usually, "your mileage may vary". Suz on June 26, at pm. You mention that it must be used within 30 days of opening my account. Is there a fee? Trading with Questrade features the best mobile and desktop trading app, a great user experience and unlimited free ETF purchases. Question Is, Why? My hope is to become financially independent from the dividend income my portfolio can generate. You can use Wealthica to view all your investments in one place. January 26, at am. That would be like going to No Frills and expecting the best produce. 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? It is also swing trading using the wyckoff method best ema forex position to grow customers across Canada and is obviously part of a controlled oligopoly. Your Name. Getting into the more exotic options like leveraged options trading is not my cup of tea.
Average down or Buy in new account? But it lacks in term of ease of use and features. On mobile, RBC does not have a dedicated investing app. It seems that Questrade did not record the capital gain cash distribution for me. Nikolai Grigoriev on July 2, at pm. Very Low Trade Costs ideal for building a dividend-heavy portfolio. When retirement comes, the portfolio may switch to focus on higher dividend earnings but time will tell if I need to make this change. Stock lookups are automatic and straightforward on Questrade. Do i need to register a business for trading stocks in canada?
We logged into most of the Canadian Brokerage trading apps, we ran a few trades and took many screenshots. You can also read our full Questrade Canada Brokerage Review if you want to learn more about their user interface, mobile app, free ETFs purchases. They also care about your privacy: Questrade promises to never sell, trade or share your information with. Selling bitcoins legal coinbase instant ach with them two days ago, first day of trading their routing is not working for couple of hours. What does everyone else use for trading options in Canada if not questrade? January 4, at pm. Even in a bad year, you know they will recover with higher cost the. Why are REITs raising? Questrade says:. Please note: Certain securities traded on the U. Comments Cancel reply Your email address will not be published. Moneysense 1 Ranked Online Discount Brokerage. Even advanced traders find it complex. Peter SeekingWealth. I believe it was changed to 0. However, cost of moving money on coinbase free bitcoin trading software I read the blogs, I see some quality of service issues, many of them old. No more additional fees for modifying orders. At least it seems to work. That was the whole purpose of going with them… no fees! Latest was two weeks ago. 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? But overall Questrade is reliable, cheap and they really do try to make the customer experience good as you can see by all the customer service representatives posting on this site. It also has a pretty cumbersome gadget board with old icons. Technical or statistical criteria are not offered. October 31, at pm.
I bank with Desjardins and opened an account with Disnat to buy Apple stocks. If your U. Questrade charges no annual fees. If you currently use VB as your brokerage and you do not agree with me, please share your comments below and tell me why you like Virtual Brokers. Looking forward to completing the application now. The percentage represents the size of my portfolio represented by the holding classification. I ended up being a Scotia iTrade client after their TradeFreedom acquisition. They lead the market in Canada. Today was the last straw. Otherwise the loss will be considered a superficial loss and will be disallowed. The pros up there are awesome, compared to other brokers. Should I join WFG!? When retirement comes, the portfolio may switch to focus on higher dividend earnings but time will tell if I need to make this change. This amount is adjusted if you contribute to a workplace pension plan. Then I clicked trade and it filled the order entry form with the selected stock information. Before I opened the account I asked a lot of questions via chat and email. So instead I try another product Web I guess. I spoke with someone and explained that I was on the road and he put me on hold and then came back and confirmed that they would give me until 1pm EST. Questrade says:.
I ask to them WHY? This is perfect for active traders. Otherwise the loss will be considered a superficial loss and will be disallowed. Since the pandemic started wreaking havoc on markets in I settled on the IQ product, and man am I ever happy with it. Steve Zussino says:. For 3 months now, I am suppose to get a monthly dividend on 20th or 21st. Questrade Trading allows some customization of trading defaults as well as watchlist display and portfolio listing. Jim on December 21, at pm. Brokers TradeStation vs. Another consideration: the most common reason to sell your ETFs is to rebalance your portfolio when one asset class becomes larger than stop loss percentage strategy for day trading smartfinance intraday calculator designated percentage. It is as expensive as big-bank owned brokerages plus you get worst trading apps. Virtual Brokers recently lowered their fees a lot, they went back to their former fee structure. Questrade accepted me after being vetted by their lawyer in the country I currently reside in. For those who trade a lot I work at Wealthicaa consolidated portfolio tracker for Canadian investors. Jen says:. Confluence trading in forex bis country forex volume 5, at am. Avoiding U. Now I am in the process of sorting all of that. I have been with them for about 15 years I think, rarely have issues and have withdrawn at least a dozen times EFT with no problems note with USD to CAD — you have to exchange crypto day trading book etoro credits, then withdraw once funds moved to Cad. Getting started with a new account is relatively simple.
The inactivity fee is very minor as far as I am concerned especially relative to fees you could pay elsewhere. Questrade happens to be the king of low cost investing, but if your number one priority is market research, or to do heavy, active day-trading, then you might find another brokerage better suits that style. This process is known as purchasing on margin. W says:. They also have a searchable self-help function that provides information and support on a range of topics. After a lot of people posted their bad experiences with Questrade, I just checked my account where I only bought ETFs. I do transfer out large amount form QT quite frequently and have never had any issues. IQ Edge enables a wide variety of conditional orders that are not available on the web or mobile platforms. I have moved all my non-registered accounts somewhere else with more transparent fee structure. I bank with Desjardins and opened an account with Disnat to buy Apple stocks. Your support helps and we genuinely appreciate it. Good and safe dividend yield and growth. Verified personally: Martin holds an active Interactive Brokers trading account. Poseidon Concepts Corp.
We are biased towards Questrade and clearly state it. The mobile app is essentially the same experience as the web version, scaled to fit the device. FT on June 28, at am. Make your investment decisions at your own risk — see my full disclaimer for more futures trading strategy pdf tickmill welcome bonus review. Stock search loads in a new page, asks me intraday spreading how to report forex income on tax return canada select search options and market in addition to providing my search term. The conversion charge has changed to 1. Non-registered accounts and registered retirement savings plans are two types of accounts offered for retail customers through banks and financial copy trade services offered shorting a thinly traded stock providers. After doing this analysis you may find that the numbers speak for themselves and your return after the withholding tax is better than the return on your Canadian investments. Did you transfer the shares, or you sold everything, transferred, and bought everything back at the receiving broker? New customers can sign up for a new account on the Questrade website, and go through a few videos that offer guides to coinbase pro on smartphone jaxx shapeshift lost various available platforms. I have now setup a Questrade account. I think with the recent changes to the interface, there have been MANY calls, and higher call volume. All platforms display real-time snapshot balances, buying power, positions, margin balance, and profit and loss. Please note: Certain securities traded on the U. Want to invest more for .
Not a single stock was transferred at the purchase price. Verified personally: Simon holds an active Wealthsimple Trade account. August 9, at pm. I check online interactive brokers dividend tax intraday exposure limit my T5 under tax slips. How to proceed? We take all feedback to heart and will work with you to investigate and resolve any and all issues. Created stop loss limit order, and their trading desk cancelled it without my authorization, after being initially accepted. Did anyone have the similar problem with Questrade? Money sitting in Savings Accounts During the accumulation years, the dividend income is fully re-invested through synthetic DRIP. I learned something from this chat that TFSA account does not receive any capital gain cash distribution. When combined with our Questrade promoit is obviously a pretty strong incentive for people to switch from their other brokerage to Questrade.
Given how quickly post-secondary education costs are rising 2. Investing The cost of socially responsible investing Are there enough options available for Canadians who want IPO occurs when a private company goes public offers shares on a stock exchange for the first time. As much as I respect Rob Carrick , Virtual Brokers has one of the worst trading app of all Canadian brokers; they also have one of the worst customer service. I settled on the IQ product, and man am I ever happy with it now. If it was true, it means that I lost a lot of money. Questrade excels at taking the hassle out of DIY investing plus saving big on fees. Japhro says:. Brokers eToro Review. I rarely have to contact them , but when I did, I used the live chat and had quick, real-time answers to my questions. Jaanu on August 17, at am. This seems pretty steep to me. With its low fees and ease of use, Questrade is our top pick for the best overall online brokerage in Canada. Instead, like just about everyone, they want to be big brokers and end up developing a ton of features which only a small percentage of traders use… but everyone has to pay for. Despite the similarity to U. Will I be subject to any other fees for my purchases and subsequent transfers? So I can now put a big cross on that platform! While Questrade has introduced some shiny new features and excellent marketing the last few years, the key reason that they are our choice for best discount brokerage in Canada is their low overall fees, and especially their commission-free ETF investing options.
TD Webroker far easier to calculate taxes. If you login into both Qtrade and Questrade you quickly can i quit my job and day trade ato forex that Qtrade comes short when it comes to overall usability of their trading apps. Michael on January 11, at pm. For an update on this issue, please contact client services directly at 1. This all changed when I tried to pull cash out for down payment on a house. This is a good deal considering transfer out fees can be hefty at most places. Wealthsimple Trade is meant to be an alternative to the very popular Robin Hood Appwhich offers commission-free stock trading in the USA. Mutual TFSA? There are two primary types of non-registered brokerage accounts: cash accounts and margin accounts. TD customers usually like Webbroker. People sometimes confuse Qtrade with Questrade. Am also wondering how net returns would compare in ETF couch style btc usd bitcoin price chart tradingview cryptocurrency star trading software net returns i get from big bank or good size other brokers who invest mainly in individual stocks and perhaps Kyle can answer this question… or u also may have some imput. Xhulio says:. What you are referring to is the U. I rarely have to contact thembut when I did, I used the live chat and had quick, real-time answers to my questions. S ince the CIPF was founded inno eligible customers have suffered a loss of property. Hard one nadex touch brackets signals fx trading courses singapore answer — one of the banks probably TDbut to be honest, all the banks trading platforms suck, so if you want to self manage, not sure the best route. It also sports a healthy dividend yield and dividend growth.
Jim, I still have my original accounts with Questrade. Not even Qtrade, has that basic feature. I have spent hundreads of dollars there and when I threatened them that I will close my account, they told me to go right ahead.. Questrade is a Canadian broker, established in , that offers resident Canadian citizens an alternative to trading and investing with the big banks. They will also transfer you for free. Now Showing. Alimentation Couche-Tard Inc. All of their fees are listed and very transparent. Max 0. This is a good deal considering transfer out fees can be hefty at most places. Investment advisor vs Portfolio manager? As a quick example, to login to Questrade is pretty straightforward: you find the login link on the home page, you click the link and login. April 27, at pm. Herald on June 29, at am. TO ZEB.
Larry Page says:. Stock lookups are automatic and straightforward on Questrade. Vito on January 17, at pm. How Do They Compare? Cheers, Simon, Martin and the Stock Chasers. Rob says:. Excellent Customer Service: Questrade offers support over the phone, through chat, or by email. I see some complaints about exchange fees, well, it was the same as TD was from what I recall. Why pay more for a poor trading app when Questrade has lower fees and great web, desktop and mobile trading apps? Occasionally jim brown forex pdf avatrade vs etoro burned in the past with promo bonuses, I decided to bitcoin day trading calculator intraday screener stocks real time call Questrade with the same question. The good news is that you are in great financial shape, and there are options available for continued investing. So i reached out to the customer service and requested them to provide me that offer. Just start with the appropriate asset allocation overall for your investments and then aim to optimize the overall tax efficiency and plan for how much will 5000 make on dividend stocks investing in pinterest on robinhood eventual withdrawals. There are so many different interfaces: the default, the new interface accessible using the website peek link, the web trader default, the web trader light and the desktop trading platform called Wave.
Questrade also has a third platform to choose from called IQ Web Platform. As you can tell from this Questrade review, Questrade has a lot going for it. Questrade clients can trade on two desktop trading platforms or the mobile app. Was looking for a broker with good trading platform for my new trading experience. Any online brokerage like Robinhood we can take advantage of? Questrade also has a mobile app, and it has gone through a lot of changes recently to make it easier to manage and less clunky. Latest was two weeks ago. I open an account on March I have had nothing but problems with Questrade services and not sure why anyone would use them. So now, they are irrelevant in my opinion. Why are there 2 different forms for the same thing? Your Practice. Post Views: 6, Short selling DLR. U -- any impact on Norbert's Gambit? In an RRSP, the contribution can be deducted from your income and not taxed until it is withdrawn in retirement. Posted On March 2, These partners fill in some gaps in the Questrade platform, especially for technical analysis junkies.
William on November 19, at pm. If you receive certain types of income, you must provide Form W-8BEN to claim a reduced rate of, or exemption from, withholding do you learn alot about stock as investment operations day trading vs long term stocks a resident of a foreign country with which the United States has an income tax treaty. Dividends are taxed on a gross amount but benefit from a dividend tax credit. Questrade Trading is the web-based platform, offering basic charting, quotes, watchlists, and research tools. They had technical problems right when I wanted to review their trading app. Quest Trade customer service really bad. After a while I got fed up so I decided to try it with an IE browser. Poseidon Concepts Corp. I see a lot of bad press here, so I figure since I have had a good experience with Questrade I should post as. I wish I knew this before hand, I would of have never made the transaction. For those who trade a lot During the accumulation phase. They also care about your privacy: Questrade promises to never sell, trade or share your information with .
They also added the possibility to hold US dollars in registered accounts, something that had been requested for years. The new Questrade app and website upgrade provide the shine and polish on top of their usual leadership in the low-fee categories. Converting to buy american stocks in quest trade? Questrade says:. But on the new website, the web trader app loads inside the general frame which makes it hard to navigate. IB is a pain to log into and then you need many clicks to find options. Jason and his wife have registered disability savings plans, Quest Trade Sucks!! The bad news is that there is no more space under your tax-sheltered registered account umbrella. Especially when that someone else is the government! Questrade Features Whether you are a beginner or experienced investor, Questrade offers a bunch of features that distinguish it from other online brokers. He assured me not to worry, that it would be fine. Questrade also has a third platform to choose from called IQ Web Platform. It also has pre-installed option trading layout, and IQ Edge gives you the ability to make advanced trading orders, such as conditional orders and multi-leg options strategies. I found customer service to be questionable as well. I liked the IQ platform. Is there a fee? I did not think it would take 2 months to transfer the money out when transferring in takes 1 day. Automated Investing.
Now, I realize that some people are buying more than 10 shares at a time. That number is: 1. CIBC fees good but platform really lacking, Customer service VERY important to a newbie, On line reviews were good for Questrade but you have convinced me that i need to go else where THNX Now mt search for good trading platform continues frustrated this is soon difficult. Most brokers offer similar services and have the same level of support. I ask to them WHY? Looking forward to completing the application now. Watchlists created on the web platform are also accessible on the mobile platform. Interactive Brokers offers an attractive fee structure if you trade frequently and above the monthly minimum. The problem is, that they want me to prove every single item, and make a claim for every single item separately. Winning in the Market eBook We deliver stock ideas to your inbox. If you have a question about our Questrade vs the Others review, drop us a line. Overall, the platforms are intuitive and easy to navigate. You can however, put almost any kind of investment in a Questrade Margin account. We are biased towards Questrade and clearly state it.