Questrade Reviews
(Rated by 4 users)
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Payment Methods
- Credit/Debit Cards
- Authorize.Net
Payment Methods
- Verified Store VERIFIED
- Free shipping: Orders $50+
- In-store pickup: Ready in 2 hours
- 30-Day Returns
- Gap Good Rewards (4 brands)
Payment Methods
- Tops: $23 - $70
- Bottoms: $27 - $70
- Outerwear: $34 - $70
- Kids: $29 - $75
Overall Rating
4.0
Base on 4 Reviews
Ratings by Feature
Ratings by Feature
- Shipping & Delivery4.0
- Customer Service4.7
- Return Policy4.5
- Price & Quality4.0
- Good Value4.0
Recent Customer Reviews (4)
Ben Parker
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Bruce Marceau
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Bruna Davide
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Riley Potter
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Questrade Pricing
Stock trades
$4.95 - $9.95
Questwealth Portfolios
0.20% - 0.25%
Pre-built ETF portfolios
0.20% - 0.25%
Wire transfers
$20 - $40
Payment Methods
Accepted Payment Options:
Prices for items on Questrade.com vary widely depending on the type of clothing and promotions available. Typical price ranges include:
Credit/Debit Cards
Authorize.Net
Payment Process
- Payments can be made online during the checkout process.
- For Questrade credit card payments, options include online payments, mail, or phone calls, but in-store payments are not accepted.
Refund Information
Refunds for returns will be processed back to the original payment method used during the purchase.
Questrade Pros & Cons
Pros
1
Low Trading Fees: Questrade offers relatively low trading fees, with stock trades ranging from $4.95 to $9.95.
2
Free ETF Purchases: There are no fees for buying ETFs, making it a cost-effective option for investors.
3
No Annual Fees: Questrade does not charge annual account fees, which is a significant advantage for long-term investors.
4
User-Friendly Platforms: The platforms are intuitive and easy to navigate, with both web and mobile apps offering a seamless experience.
5
Advanced Research Tools: While limited, Questrade offers some advanced research tools, including chart pattern tools and a built-in Learning Mode.
6
Robo-Advisor Option: Questrade offers a robo-advisor service, Questwealth Portfolios, which charges 0.20-0.25% of assets under management.
7
Great Customer Service: Questrade is known for its great customer service, providing relevant information quickly on all available channels.
CONS
1
Limited Research Offerings: Questrade's research tools are limited compared to some other brokers, which may be a drawback for advanced traders.
2
Streaming Real-Time Quotes Require Subscription: To access real-time quotes, a subscription is required, which can add to the overall cost.
3
Slow Account Opening for Non-Canadians: The account opening process for international clients is slow and not fully digital.
4
High Fee for Wire Withdrawals: There is a high fee for wire withdrawals outside Canada, which can be a significant drawback for international clients.
5
Limited Account Base Currencies: Clients can only hold their cash in USD or CAD, which may limit flexibility for some investors.
Questrade Features and Benefits
Features
Low Trading Fees
Stock trades ranging from $4.95 to $9.95, relatively low costs
Free ETF Purchases
No fees for buying ETFs, cost-effective for investors
No Annual Fees
No annual account fees, advantage for long-term investors
User-Friendly Platforms
Intuitive web and mobile apps with seamless experience
Advanced Research Tools
Chart pattern tools, built-in Learning Mode, Trending Stocks, Smart Score, Analyst Ratings, News Analysis
Robo-Advisor Option
Questwealth Portfolios charging 0.20-0.25% of assets under management
Great Customer Service
Quick relevant information on all channels
Standard Pricing
$0.01 per share with minimum $4.95 and maximum $9.95 per stock or ETF transaction
Active Trader Pricing
Reduced pricing with Advanced Data Package for Level II quotes
Pre-built ETF Portfolios
Management fees starting at 0.25% (0.20% after $100,000)
Fee Rebates for Active Traders
Partial $19.95 rebate over $48.95 commissions, full $89.95 over $399.95
No Account Fee
No fees for maintaining accounts
Free Electronic Transfers
Free withdrawals up to CAD 50,000 or USD 25,000
No Inactivity Fee
No charges for inactive accounts
Real-Time Snap Quote Prices
Accurate market monitoring for informed decisions
Extended-Hours Trading
Flexibility to trade during extended hours
Nicknames
Personalize accounts for quick identification
Dark Mode
Personalize platform with light and dark themes
Learning Mode
Quick explanations of trading and investing concepts
Edge Mobile
Sleek intuitive mobile platform with direct order routing, advanced order types, real-time data, research tools, and charting