- Leverage: Margin Trading
- Regulation: IIROC, CIPF, SEC, FINRA
- Min. Deposit: $1,000
- HQ: Canada
- Platforms: Questrade Web, QuestMobile, Questrade Edge Mobile, Questrade Edge, Questrade Global
- Found in: 1999
Questrade Licenses:
- Questrade, Inc. – authorized by IIROC (Canada) registration no M2M 4K2
- Questrade, Inc. – member of CIPF (Canada)
- Questrade USA Inc. – authorized by SEC & FINRA (USA) CRD#: 147370/SEC#: 8-67899
- Questrade is a Canadian stock trading company that enables users to trade various financial products, such as stocks, options, bonds, ETFs, and more.
- Regulated by the Investment Industry Regulatory Organization of Canada (IIROC) and a member of the Canadian Investor Protection Fund (CIPF), Questrade emphasizes cost-effective investment solutions. Its US affiliate, Questrade USA Inc., is regulated by the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).
- Questrade offers a self-directed investing approach, allowing clients to control their investment decisions and manage their portfolios independently. It provides various trading platforms, including a web-based platform and a mobile app.
- Pros:
- Low-cost investment approach
- Range of trading products available
- Educational resources and research tools
- Regulatory oversight ensures investor protection
- Cons:
- Complex platform interface, especially for beginners
- Higher minimum deposit requirement for opening an account
