Join us by opening an account. Therefore, most are not available to Canadian residents. It depends on each IPO but, in most cases, you are able to sell your shares immediately. If the security complies with industry and Questrade guidelines for granting margin, then you can borrow on margin to participate. The content of this page is for information only. It is not an offer to sell or a request for you to buy the securities listed on this page. While we obtain the content from sources we believe to be reliable, we do not guarantee the accuracy or completeness of the information on this website or any marketing or promotional materials for the securities being offered.
Read the prospectus information available to you on this website before making any type of investment and always choose investments that are right for you. Questrade does not provide legal, accounting, investment, or tax advice. You agree not to seek advice from Questrade or any of its employees. You are responsible for your investment decisions and any profits or losses that result. We acquire new issues on a best-efforts basis and cannot guarantee you will receive the number of shares you request or any at all.
IPOs and new issues may close before the expected settlement date. Subscribe to IPO bulletin. There are no IPOs or new issues available right now. Sign up for the IPO bulletin to be the first to know when more become available.
Still trying to choose between Questrade versus another trading app? Questrade is 1 in all 3 polls. More people like Questrade… but why? Questrade is the most popular Canadian online brokerage, an independent company recommended by thousands of online reviews and real users.
They lead the market in Canada. They were the first of the top Canadian brokerages to allow holding US Dollars in registered accounts. Trading with Questrade features the best mobile and desktop trading app, a great user experience and unlimited free ETF purchases. I rarely have to contact them , but when I did, I used the live chat and had quick, real-time answers to my questions. Beside the low fee and usual trading functionalities, one of my favourite Questrade feature is the App Hub that allows integration with third-party apps like Wealthica which provides enhanced reporting and automation features.
I work at Wealthica , a consolidated portfolio tracker for Canadian investors. Thanks to Wealthica, we have our own accounts at each of the top Canadian brokerages and had the chance of logging into the different trading apps. I decided to write a Questrade vs the Others review to let people know why, in my case and many others , Questrade is the winner. They will also transfer you for free.
Affiliate Disclaimer — Even though we receive referral fees from companies mentioned on this website, we try to make our reviews unbiased and backed by our own experience and social proof. If you sign up for Questrade using our affiliate link , we may earn a commission. We will use most of the revenues to make Stockchase and Wealthica better.
Your support helps and we genuinely appreciate it. We spent more than hours analyzing the Top 10 Canadian Brokerages to choose our 3 winners. And the winner is…. These are the 3 Canadian Brokerages that stand out. We reviewed the Top 10 Canadian Brokerages and gave them a score out of There are a whole bunch of Canadian online broker reviews and comparisons online. Many of these reviews and comparison posts are written by people that have never logged-in to any other trading app than Questrade. They produce tons of high quality content.
Yet, they rank Qtrade as the 1 brokerage in Canada. Qtrade is not bad, but the best in Canada? Clearly not. 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. But is it really? Maybe the overall user experience should have more weight vs who offers the most reporting features.
We logged into most of the Canadian Brokerage trading apps, we ran a few trades and took many screenshots. Our comparison focuses on providing you with facts, screenshots of the trading apps and our opinion about the app with additional social proof by real users comments you can find on social medias to back our statements.
Promotions & Programs | About Us | Questrade
Questrade was 1 in both most preferred and most popular brokerage polls. Over people, who are knowledgeable, voted for their favourite trading apps. TD Webbroker was 2nd for most popular, Interactive Brokers was 2nd for preferred. Most popular online brokerage poll on RedFlagDeals. Preferred online brokerage poll on RedFlagDeals.
Best Questrade Review 12222 – Plus $50 Free Promo Code
Best L2 charting poll on Twitter. Most Questrade competitors also have their own strengths, and some might beat Questrade when it comes to specific categories. Some numbers are hidden intentionally. It seems that both are very good online brokerage options. But does Qtrade really wins over Questrade? Beyond the surveys and numbers, who is the 1 Canadian Brokerage depends on how you evaluate the brokerages and what is most important for you.
If you login into both Qtrade and Questrade you quickly notice that Qtrade comes short when it comes to overall usability of their trading apps. But it lacks in term of ease of use and features. I understand that the user interface experience is not the only criteria reviews are based on, but you use a brokerage to buy and sell stocks first. We are biased towards Questrade and clearly state it. Still we honestly believe they are the best. Moneysense seems biased towards Qtrade without admitting it. Yet, Qtrade got the best overall brokerage award.
In , according to Moneysense, Qtrade won over Questrade by just 1 point.
Should better Market Data Integration give Qtrade the win when you can use online market data from Google or Tradingview for free? I have my theory about why Qtrade Investor is viewed as a good alternative to Questrade in general. People sometimes confuse Qtrade with Questrade. They are not the same. Take a look at a few social comments…. Its user interface looks like it got stuck a few years ago. To be fair, Qtrade is far from being the worst Canadian brokerage available. Mostly because of the lack of features on its trading app.
Still there are lower fees and better Canadian online brokerages available. The stock lookup feature opened an unfriendly, out of context popup window where I searched for Apple. Then I clicked trade and it filled the order entry form with the selected stock information. You can see on the screenshot above both the popup window and the order entry form. Stock lookups are automatic and straightforward on Questrade. You also have access to your balances, positions, orders, executions and activity while you fill the order entry form.
Questrade has a clear advantage over Qtrade when it comes to trading fees and commissions. We did not experience it ourselves, but according to most online reviews, Qtrade beats Questrade on customer service and market data. Interactive Brokers wins the best brokerage for advanced trader award. Interactive Brokers offers an attractive fee structure if you trade frequently and above the monthly minimum. It also handles currency conversions at a very interesting fee: 1 basis point 0.
Interactive Brokers Transactions Tracked with Wealthica. IB is a pain to log into and then you need many clicks to find options. There are too many options available; powerful but cumbersome. It appeals more to advanced and frequent traders. 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. The same process at Interactive Brokers involves clicking on a Login dropdown menu and figuring out which of the 9 login options is the one you want. Once you find the good login link, you need to choose between live or paper trading, authenticate with a special IB-only app IBKey and then you finally get to the trading app.
I prefer the simplicity and better user interface of Questrade Apps. Verified personally: Martin holds an active Interactive Brokers trading account. Even advanced traders find it complex. Questrade is a brokerage that fits the needs of most DIY investors. It recently launched a beta version of Wealthsimple Trade as a new service that competes with Questrade.
Wealthsimple Trade is meant to be an alternative to the very popular Robin Hood App , which offers commission-free stock trading in the USA. This means that a currency conversion occurs each time you want to buy or sell a US stock and you pay a commission each time. Wealthsimple Trade is only available as a mobile app; no web version. There are also reports that not all Canadian and US securities are available to trade on Wealthsimple. Wealthsimple trade is currently available on a limited basis to users on a waitlist only. Wealthsimple trade is now open to everyone.
Trade looks like a nice complement to a full-featured Questrade brokerage account vs a complete trading account replacement. Verified personally: Simon holds an active Wealthsimple Trade account. No need to write more. It seems they have a new version of the trading app. When I click some links, some other parts of the website disappear! It still has some kind of weird animation. Seriously, someone should get fired. At least it seems to work. But on the new website, the web trader app loads inside the general frame which makes it hard to navigate. It also has a pretty cumbersome gadget board with old icons.
On the screenshot above, you can see the same stock lookup we tested on Qtrade. You need to select the country you want to search in. There are so many things in this interface. 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. 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.
Would you really trust Virtual Brokers with your money? I experienced the support myself. One weird thing though, is they moved my account to delayed 15 minutes stocks stating I had been deemed to be pro. I do not. It does not get better on mobile.
It gets a 1 star rating on the App Store. Why pay more for a poor trading app when Questrade has lower fees and great web, desktop and mobile trading apps?
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. Verified personally: Simon holds an active Virtual Brokers trading account. The one and most important advantage of using the big-banks-owned brokerage is having all your investments and banking under the same roof.
It makes it easier and faster to transfer funds.
- Questrade Review: Pros & Cons of Trading with Questrade Canada (12222)!
- Best Questrade Review – Plus $50 Free Promo Code?
- Questrade Fees, Commissions, Margin Rates and Broker Account Trading Cost;
- What we like.
- Questrade Review: Canada’s Leading Discount Brokerage.
- IPOs, secondary offerings and structured products;
- Your browser is out of date.!