Questrade Review

Questrade is Canada's most rapidly expanding online broker. Not surprising, given its competitive commissions that range low at 1 cent per share, $4.95 being the minimum and $9.95 being the maximum. Options trades are priced at $9.95 + $1 per contract. Clients can trade in US Dollars without conversion, they can trade in Gold, and eschewing middlemen using direct access technology. QuestraderWEB and QuestraderPro extend trading privileges from 8:00a.m. -5:30p.m., especially useful in outside hours trading on US markets.

Day traders, swing traders, intermediate as well as long-term traders find a home at Questrade. They provide clients with a wide range of products that cover all their diverse needs. Client feedback is amazing and the best testimony to the good service the company provides.

Questrade was established in 1999. The objective was very clear-cut: to give Canadians the tools and technology they need to achieve financial independence.
Opening an account is very easy and this company provides 15 types of accounts under the broader heads Standard, Registered and Organization.

The trading platforms are chock-full of features like free news, real-time quotes, trailing stops, and after-hours trading. The democratic pricing makes for greater profits due to lower commissions. All Questrade platforms are direct access because no matter the number of transactions per month, orders should be filled at the best possible price: in this set-up, speed and control are married with cost.

Questrade provides an online learning facility called the Online Trading Academy for novice traders. It has different levels based on the type of trader you are, or want to become. Classes are taught by professional traders, creating an environment where it is easy and fun to learn. A benefit to the Academy is once you pay for the classes, they are free to retake at any time for the rest of your life. If you are a Questrade client, it is even possible to get a full tuition rebate for your classes. There is also parts to the Academy that are free such as face to face sessions with a professional, and a workshop. It is proud to be Canadian-owned and operated, creating an arena of trust where locals can trade in a secure set-up, thus offsetting the regular risk inherent in trading.

There is a detailed Forex section that discusses what Forex is all about, the history of Forex, the Forex pairs, and hours, all being tied into the Canadian advantage of trading. To learn more and see firsthand what it means to have an account with Questrade, you can request a demo that will start you from the beginning and teach you how to be a successful trader.

More information can be garnered from this website which is easy to navigate.