Questrade resp account fees bonus shares vs stock dividend

Questrade vs. Wealthsimple

Both Wealthsimple and Questrade offer portfolios to meet various levels of risk tolerance e. Henry on July 12, at am. Danielle on May 1, at pm. Perhaps you should update your review on them and warn people to stay away until all their bugs clear up. Cecile Amelia Coulombe. Surviscor takes into account commissions on U. Your Top Offers. 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. Canadian Stores With Free Shipping. In under twenty minutes I was able to open their popular individual margin trading account. A best marijuana penny stocks to buy right now fyers stock broker note should be given, however, to how they handle account inactivity. Retired Money Should you buy back pension service from your employer? Each time you sign into your account your last login information is prominently displayed at the top-right corner with the date, time, device used, browser user agent, and the operating system of who last accessed your account. It took me no more than two minutes to open a general non-trading account, which immediately gave me access to practice within their trading platforms. If you liked this article and want more practical ways to save money every day, we've compiled our best tips all in one place. However, some banks still impose an eight character limit. Now, I realize that some people are buying more than 10 shares at a time.

The pros and cons

You can even perform account management actions directly within the app. Or is it still the wash system that inefficiently pays out dividends in CAD? Robb Engen on January 26, at pm. This can lead to significant savings in currency conversion fees. Can you transfer funds out of an RRSP to the linked bank account without any fees? I filled the transfer form that Questrade provides and they dealt with it, pretty easy. Some were off by a few cents, some a few dollars. You cannot trust them, period. TO to DLR. Located under the Reports menu option are a slew of subcategories providing details about trading and general account activity. But then maybe you make gigantic conversions at a time. A basic Questrade account comes with free access to snap quotes. It looks like just market orders and limit orders are available. February 20, at am.

Agree with you Christian, Extremely poor experience with their customer service, being put on hold for hours and not receiving call backs for WEEKS and when they do call back its at the exact times you told them you were unavailable. Qtrade does well in other areas, such as by producing ETF reports and providing investors with product watch lists to keep them informed. Retired Money Should you buy back pension service from your employer? September 13, at pm. As the leading contributor to this article I would like full transparency thus this note. March 7, at pm. WOW sooooo teach yourself options strategies do stock returns include dividends I read. Purchasing ETFs is free. Other factors to consider include whether there are any fees or account charges. Or need to know what a triggered stop sell is?

What is Questrade?

Wealthsimple Trade vs. Questrade

Hey Robb, great article as usual. For example, 0. This means your order will be filled at the best available price on the market. As a final bonus, it allows you to hold both Canadian and U. To get around this our readers have indicated that you only need to provide the first eight digits of your Questrade account number. My name is Jaanu and I work at Questrade. I sent to her all my stock list , with all the dividend payement and also I sent to her how I was calculating them. 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. I have yet to get any of my bonuses despite calling in several times. Some negative reviews from high-volume day traders. Learn more Learn more. And you can change your home base at any time from the Settings page. However, if non-U. Fees associated with SRI managed portfolios are only marginally higher. Read more.. I know that more account offerings are on the product roadmap, along with features like pre-authorized contributions. Can i fund my account through online banking or must i send them a cheque and wait for who knows how long before it arrives then clears?

Getting into the more exotic options like leveraged options trading is not my cup of tea. After a lot of people posted their bad experiences with Questrade, I just checked my account where I only bought ETFs. April 3, at pm. I plan to maximize my TFSA in the coming months, diversified over 25 stocks. This means that when you withdraw money from a TFSA, you are not taxed. Very Low Trade Costs ideal for building a dividend-heavy portfolio. The modifying of partially filled orders has been fixed on IQ platform. This insurance covers users risk trading futures day trading on gdax case Questrade goes out of business. April 20, at pm. Wealthsimple Trade vs. Anyone know if i created a joint account could i have the other person removed if need be in the future? I did not know that they had issues with larger accounts. However, this year and, of course, very very late they have adjusted the dividends — but only for They also offer commission-free stock and ETF tradingwhich is best dividend portfolio stocks algo trading anki flashcards the best thing about Questrade. Reviews mentioned delay in pricing on app vs desktop. Surely that would be of interest to your readership. While not necessarily a con, you should know that Wealthsimple Trade makes its money by charging a 1. Here are some similarities to consider:.

Wealthsimple Trade Review – Canada’s Only Zero-Commission Trading Platform

May 11, at pm. TO and be in CAD currency. After I searched in depth, the Interactive broker was the best. I have an account with these guys and with TD. Moneysense 1 Ranked Online Discount Brokerage. Both of them also help you to save on fees! Also, I believe, IBC has, by far, the best mobile and standalone application. This is by far my favourite part about using Questrade. Hi FT, Fantastic and informative website. This means that when you withdraw money from a TFSA, you are not taxed. ALL of their advertising is extremely metastock reviews 2015 who devloped amibroker Located under the Reports menu option are a slew of subcategories providing details about trading and general account activity. Questrade has no annuals fees and are the lowest cost stock broker in Canada. As mentioned, I initiated the transfer on January 13,

A TFSA is a tax shelter; it gives every Canadian of the age of majority some savings or investment room to earn, tax-free. Not a single stock was transferred at the purchase price. Not sure if you have checked it out yet. Retired Money Should you buy back pension service from your employer? JD Power is considered to be a global leader in consumer insights, advisory services, and data analyses. After all, consumers are generally the most trustworthy when it comes to opinions. Most everyday investors in Canada will be best served by using this account to invest in Canadian-dividend payers my Smith Maneuver account for example or other Canada-based ETFs. They also care about your privacy: Questrade promises to never sell, trade or share your information with anyone. Maritimer on January 29, at pm. Here are your options:. Surviscor takes into account commissions on U. Also check the currency tranfer fee it is about 1. This is on top of the credit card like margin rates. For full disclosure, although the fx and margin rates are somewhat steep, I have enjoyed the QT experience including multiple calls to CS. The company offers many other account options and perks that will be discussed below and you can find out more in this guide to Wealthsimple. 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 first, then withdraw once funds moved to Cad side. Hi Robb, Great review and thanks for offering your experience with this new online broker.

Questrade Review 2020

Pros & Cons

What do you buy while waiting for stock price to be dropped or leave the cash as is without making any interest at Questrade? Rod O'Connell on January 22, at am. Find out in this Wealthsimple Trade vs. All self-directed and managed accounts are insured up to 10 million dollars. Leave a comment, send us a note, or follow us on social. John on January 13, at pm. Investing in USD can save you a ton of money in currency conversion fees when you think about how much it costs to convert dividend income and new stock purchases back and forth over your investing lifetime. This platform was surprisingly lightning fast and responsive in every web browser I tested it in. However, some banks still impose an eight character limit. I liked the IQ platform. As such, you have a few options: Email, and Live Help real-time chat. Mike on March 17, at pm. Chris on January 19, at pm. We take all feedback to heart and will work with you to investigate and resolve any and all issues. Questrade is great if you are only making a few trades here and there, but if you will be trading regularly I would suggest TD Waterhouse. Scotia i-Trade formally e-trade. When I complained, they were brushing me off, blaming technical issues, and telling me that they acted in my interest?

Hi Robb, Great review and thanks for offering your experience with this new online broker. I didnt realize i could download a live demo and have a look. Can Wealthsimple Trade dethrone Questrade as Canada's king of low-cost, self-directed trading accounts? Abraham Jacob says:. Fantastic and informative website. If you transferred the shares, are the of shares in the other end the same of what you had before? Kyle says:. For generations the general public has had little access to IPOs. Is this correct for your promo code? You have a choice of either your account management page or the online trading platform. October 30, at pm. There is a catch—the commissions are waived only on orders of ETF units or. January 30, at pm. They respond but nothing ever gets done to correct problems. Questrade is an online trading platform for investing in world markets. For convenience, this platform can be set as your home base when you log in. The same can be said for brokers like, Questrade, who also had challenges dealing with service interruptions and delays. Posted in Investing. ECN fees are fees enforced onto Questrade by an external network that charges you for making a transaction understanding trading charts pdf ao indicator paired with macd removes liquidity from the market i. You mention that it must be used within 30 days of opening my account. But then maybe you make gigantic conversions at a time. S ince the CIPF was founded inno eligible customers have suffered a loss of property. Questrade conveniently can cover all transfer out fees imposed by other financial institutions if interested in moving your existing trading account to .

Canada’s best online brokers

Questrade Review: Canada’s Leading Discount Brokerage

What you are referring to is the U. A special note should be given, however, to how they handle account inactivity. Interestingly, I began noticing over the following days that I kept returning to use this tool and adding more refined complexity to my event triggers. All self-directed and managed accounts are insured up to 10 million dollars. They invited users to join a wait list and, once they attained a critical mass , participants , rolled out a beta version for users to test the platform and offer feedback. Thanks bud! Adam Bell says:. Thankfully IQ Edge incorporates different user-selectable colour themes, ranging from dark default , light, and a sky blue. August 18, at pm. What do you buy while waiting for stock price to be dropped or leave the cash as is without making any interest at Questrade? When I first started to trade with them, I did so on the basis that they were a low-cost no fees at all and decent platform. Multiple navigable workspaces is a valuable asset for active traders. Wealthsimple Trade does not have in-depth market research and does not support real-time quotes delayed by 15 minutes. Start saving. Questrade is focused on low cost trading and has put a lot of their effort into commission-free ETF buys which is a great deal!

Hi Robb, Great review and thanks for offering your experience with this new online broker. The platform is mobile-only, so it can only be accessed on your smart-phone or tablet. Enter your email address here to receive our emails directly to your inbox. I just been recently having problems with them for the last 3 months. I opened an RRSP started the application but unfortunately, Questrade informed me that your promo code is not acceptable since I am an existing Questrade client with other products with. Questrade will rebate mutual fund trailer fees. March 10, at pm. What you are referring to is the U. Started with them robinhood no options when you own stocks how do yo make money days ago, first day of trading their routing is not working for couple of hours. March 16, Reply. The platform conveniently tracks all trading activity in real time. Technically you can open a Questrade brokerage account without any actual money in it! The platforms are not that great. Anybody can recommend a semi decent discount broker to transfer my and my wife TFSA accounts. To avoid 1. The verdict? Wealthsimple Invest has a tiered fee structure that is based on your account size.

However, now I am about to reconsider TDW. Types of partner apps include trading platforms, stock pickers, performance recorders, statistics analyzers, portfolio monitors. In where is coinbase incorporated best sites like coinbase opinion, Questrade provides some of the most competitive services for a DIY investor and they are well worth the try. I have been using Questrade for almost a year and have been happy with the service. Gerald on January 22, at pm. It should be part of your due dilligence before investing your money to look into the details. All traditionally loved by dividend-savvy investors. Coincidentally, being trilingual I was able to speak to representatives in all three languages. Thanks Laural, I finally figured it out by accident. I found this platform to be designed very well and I could long and short hundreds of global currency pairs cvs finviz squeeze indicator metastock CFDs with ease. If you sold, transferred, and repurchased, well, that is is a bit of a risk you have to. Cancel reply Your Name Your Email. User experience is a critical category, says LaCoste.

I see some complaints about exchange fees, well, it was the same as TD was from what I recall. Overall, using the Questrade Margin Account as a basic non-registered account is a great option. The CSR on the online chat said it must be used within 30 days. As mentioned, I initiated the transfer on January 13, Very Low Trade Costs ideal for building a dividend-heavy portfolio. When I complained, they were brushing me off, blaming technical issues, and telling me that they acted in my interest? I am now hesitant on its openness and transparent business conduct because I do not have access to my monies, now in its possession for 3 to 5 days, and then only after I respond to further email from them, which I have not received and am wondering what about!! It truly is a commission-free trading platform! I plan on staying with QT for the future. You could be stoled by Most of these customizable features, however, are visual e. Comments Cancel reply Your email address will not be published.

Ranking 9. Your email address will not be published. March 5, at am. The reps have been nothing but exceptional with responses to my questions regarding account documentation, fees related to opening the account, trading fees, withholding yahoo finance intraday data r margin trading equity position definition as a non-resident. Why not use XE and then wire the money into your Questrade account? Xhulio says:. Hi Jeremy, best to think of WS Trade as a no-frills platform. For customer support over the phone, they are available Monday to Friday, am — pm ET. Aaron says:. 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.? I see some complaints about exchange fees, well, it was the same as TD was from what I recall. Thanks for the referral uptrend candlestick chart computer metastock pro 11 serial key. Surely that would be of interest to your readership.

Dan- Transferring from another brokerage can be a big hassle- I remember it was when I was transferring over myBMOinvestorline stuff. Here are your options:. In my opinion, Questrade provides some of the most competitive services for a DIY investor and they are well worth the try. My wife and I have been clients for a few years and always adhere to all procedures. You have to read the terms and conditions and think about what you are doing, yes there are exchange fees, yes there are ECN fees, yes there is with-holding tax as it applies, yes you have to pay interest if you borrow money on margin. Extra security during the login process can be provided by enabling two-step authentication. Redeeming Aeroplan. Finally, no more guessing. Hmm… well good to know Japhro, this is very different from our collective experience dealing with them. Read our in-depth Wealthsimple Trade review. And although it is commonly used by many investors, regardless of experience, this platform was specifically engineered to cater to active and professional traders. Cancel reply Your Name Your Email. May 10, at pm. Has the new challenger dethroned the reigning king? IQ Edge allows for an unlimited amount of workspaces. If you DO make many trades, then I think Questrade is worth it, despite the budget-looking platform. A special note should be given, however, to how they handle account inactivity.

Cash still sitting in my RRSP account waiting for trade :. Every month they take a set amount of money from my checking account with a different bank and then automatically whta are the best robot for trading crypto green check next to send coinbase it in the fund I selected. You cannot trust them, period. Today was the last straw. Rob says:. Back to category menu Best online broker for customer service 1. Please note: Certain securities traded on the U. Stu MacCuaig on April 1, at pm. Started with them two days ago, first day of trading their routing is not working for couple of hours. I checked vanguardcanada website and found that VanguardCanada distributed the capital gains as cash for VFV shares. For example, 0.

The Standard Margin Individual account is the most popular account type opened by new customers. I think they are slowing down — in terms of quality, platform features and, most importantly, caring about their customers. Are LIRA accounts transferable? Paying a bill to Questrade is like depositing money into your account. This platform is ideal for any investor who is comfortable in a mobile-only environment and who wants to trade stocks and ETFs without paying any fees. The latest challenger is Wealthsimple Trade , which is a stock-trading mobile app that offers commission-free ETFs and stocks buy and sell. If you have more than one child, you can combine their contribution room into one big easy-to-manage Questrade Family RESP account which is also free to open with no annual fees. Avoid them for this and a ton of other reasons — they are unreliable, their platforms are full of bugs, which they expect their clients to vet via poor customer service and long waits for online or phone help. The same is true when funding your margin or registered account by either currency type; the funds will automatically be placed into the associating sub-account of the same type. May 21, at pm.

As soon I got to my car less than 5 minutesI called. The platform is mobile-only, so it can only be accessed on your smart-phone or tablet. Low cost trading? The pros up there are awesome, compared to other brokers. There were quite a few outages over the years, and I was unhappy so I moved everything over to TDWaterhouse and I must say that there is no comparison. But nonetheless, their chat button red to green scan thinkorswim ninjatrader vs ctrader to be conveniently a fixed overlay on the bottom-right corner of most pages. I cantor binary options price action tutorial forex when they first started out some 15 years ago. If you have any concerns or ideas, please let us know. Questwealth Covered call roth ira begin day trading small amounts has a 0. February 15, at pm. Due to Canadian security regulations though, U. Team Questrade on June 28, at pm. Are you spending within your means? It was 50bp when I joined. They invited users to join a wait list and, once they attained a critical massparticipantsrolled out a beta version for users to test the platform and offer feedback. January 19, at am. You can set it up to alert you on price changes, volume fluctuations, bid sizes, and. What do you buy while waiting for stock price to be dropped or leave the cash as is without making any interest at Questrade?

So i reached out to the customer service and requested them to provide me that offer. For the seventh year in a row MoneySense has teamed up with Glenn LaCoste, the founder of Surviscor , a firm that analyzes banking and brokerages across North America, to bring you the most definitive ranking of the Best Online Brokers in Canada for Operating anywhere at any time, this app is available for iOS and Android devices from their respective app stores. Interestingly, any gadget customization you make in IQ Edge does not transfer over to their other trading platforms assuming the same gadget exists , and vice versa. Next, I indicated how I wanted the transfer to take place. Just spoke to CS and they told me Questrade charges 1. September 13, at pm. The conversion charge has changed to 1. The 1. Interestingly, you can create and register your own app and become a partner with Questrade.

November 7, at pm. It is very possible that you hit the wrong person dealing with your case. IQ Edge is much more customizable and lets you adjust the settings to accommodate your personal needs. Good Stuff Negatives. Jeach on May 1, at am. There is another low fee alternative in Canada, have a look at our Questrade vs Wealthsimple comparison. Next, I indicated how I wanted the transfer to take place. Occasionally getting burned in the past with promo bonuses, I decided to how to trade new ipo stock penny stock 2020 the street call Questrade with the same question. The best part about them? When you login, both tools are found tucked away under the Market Research menu selection. Best Of

James on November 22, at pm. Question in regards to your promo code. Hi Rod, thanks! If you want your portfolio to reflect your consciousness about the physical and social environment, both companies also offer socially responsible investing SRI portfolios. And my tests found the interaction to be seamless across every device I checked. September 5, at am. This review has been updated many times over the years and, during such time, many questions have been asked by my readers in the comments section. Their pricing is fair but not the best , their customer service is OK, for the few things I have had to contact them. As such, users with those devices, including Linux, will need to use the browser-based alternative trading platform: Questrade Trading. While not necessarily a con, you should know that Wealthsimple Trade makes its money by charging a 1.

Hey Robb, great article as usual. W says:. Now, Penson is gone and they have their own clearing house. After a while I got fed up so I decided to try it with an IE browser. There are ways to shrink this miniscule number even further using limit order and whole board lots - but that starts to be way too much worry for the average Canadian investor. For those comfortable banking online, what Alterna lacks in brick-and-mortar branches, it makes up for with an above-average 1. Keith says:. They also took the extra time to provide external web links those found outside the Questrade domain for further reading which was a nice bonus. Why not use XE and then wire the money into your Questrade account? Bugs that are reported are not fixed for months, losing trades and cash for clients. The platform is mobile-only, so it can only be accessed on your smart-phone or tablet. I have to escalate to a supervisor Lulu, they refuse to give as the last name for all the staff , and she tell me this will be corrected very soon My demand was made at the begining of july one month and nothing happens. Is it possible to do the same with Questrade or Wealthsimple? Unfortunately in your case, your proof of deposit was sent to us after the deadline we provided, so your shares were subsequently sold to cover the margin call.