Most of the time the trading was ok, but at some point there appeared some trades that I have never done. Judging from the information that I’ve gathered, all those posts warning people to “STAY FAR AWAY from Questrade” in all kinds of colorful language seem 100% correct. It’s easy to understand why Questrade is “not BBB Accredited” and went from a failing https://forex-review.net/ “F grade from BBB”, which is the lowest rating an online business can get on a scale of A+ to F, to “No Rating”. Current regulation doesn’t prevent their unprofessional, unethical, dishonest and unlawful behavior. Interestingly enough, there are several positive reviews, in which the writers tell the readers all the things they liked about Questrade.

And by the way, folks, this is the only website that’s given a proper review. The other websites on Google have given Questrade good reviews, just to make money. I then opened an account with IB with only $10,000 starting balance, with all option privileges which I could never get with questrade. They are amazing, and I am making good money by doing low risk option strategies. With these two accounts I never have a need to trade on questrade.

Save your booking code for the next time you visit the page by ticking the box “Remember”. Don’t tick the box if you’re using a public computer to avoid unauthorized access to your booking code. I have done a great deal of research and according to the multiple official complaints and blog posts, “Questrade is a dreadful company” would be an understatement. By all accounts, it’s not a very good trading ground even for Canada, as people report. It does get promoted as a place where Canadian ‘investors’ get to feel at ease, but it’s, most surely, not such a place.

The looks can be deceiving, and the reviews aren’t the only indicator of legitimacy. Using Questrade lets you hold both CAD and USD in your account without worrying about exchanging back and forth between the two currencies. The best thing about working with Questrade is that you will not need to worry about exchanging to and from CAD and USD multiple times since it allows you to hold both in your account. We have 10 flexible meeting facilities for meetings of all sizes, all with natural light from the large windows, as well as being close by our group rooms, restaurant and conference service.

Questrade FX Forex Broker: Reviews

Questrade obviously receives many complaints about the state of their platform. These complaints can be unified into several neat categories. On the popular review aggregators like trustpilot.com Questrade has an average of 2/5 as of September 2020.

There are several good reasons to invest in the U.S. as a Canadian investor. Questrade was the first discount broker to offer USD-denominated Registered Retirement Savings Plans . Shopping centres and plenty of activities located close by. Vilunda Park is just around the corner, with its sports hall and pool, and there’s also an outdoor pool nearby.

The design was polished and opening account was quick and painless . Beware – Avoid Questrade.com – How Questrade online brokerage unscrupulously stole money from an investor even though the application has been canceled and the applicant has not performed a single trade. It doesn’t compensate for all the negative sides of this platform, but at least the users won’t have a hard time navigating it. It seems to work just fine outside of the issues with tech support and funds-related problems.

Please note, you can’t book reward nights when using the option \ »Book several hotels\ ». I have left 2 messages for Emil seeking assistance in the matter and 4 for Nicholas asking him for help as well and both HAVE YET TO RETURN ANY OF MY 6 MESSAGES. That is not client support, that is an abomination and I intend to make it my hobby for the next few months until every cent of my $923.45 CAD is returned to me with an apology of mass proportions. My uncle is one of the webmasters at Craig’s List so I should have a leg up in informing as many people as possible.

Reviews from

Choose the option to “Add New Bank Account” and select the option to set it up manually. Login to your myQuestrade account, click “Funding,” and select “Pre-Authorized Deposit”. Here are the steps you need to follow if you plan on using PAD to fund your Questrade account in USD. Have you yet to invest in U.S.-listed stocks and ETFs and wonder why so many Canadians do it?

From $4.95, trade US & Canadian stocks, options & forex. Disregard the horrible tech support – you get a fair number of interesting and helpful blog posts, articles and webinars to learn more about the art of trading. By all accounts, they are well-written and helpful, so it’s anything but a disadvantage. It doesn’t usually take nearly as much time for other companies to contact you back. It may be just a Canadian thing, this country is notorious for their poor support services, but it’s not an excuse. Helpful support is one of the key requirements for a trading platform.

So many try to talk to Questrade in private or file official complaints with the regulators, hoping they will do the right thing, without any results. Going to Questrade’s offices with a TV crew might be what it takes to get the funds back. You can always conduct your research on any trading platform you pick very quickly and without issues, it’s a very important factor of good trade, something many websites forget. There are several instances of Questrade owners arresting the account with money on it for ‘fraud’ or other activity.

You could give Questrade a shot with a small sum of money, but it’s not really recommended, because they don’t have anything unique to risk your money with them. They have several interesting instruments, but they are all there to promote their own app rather than create a neat experience, it seems. So, it’s really more about the perks of having a Questrade app than anything, because you can’t really wire additional third-party plug-ins into this app, it doesn’t support most of them. There are several key features built into this software from day 1, however. You can contact Questrade via phone or chat to confirm the CAD equivalent of your USD contributions. Knowing the amount will help you make a more well-informed decision for your future deposits and let you remain within your contribution limits for the registered accounts.

• Work out in our hotel’s well-equipped gym, or unwind in our relaxation suite with jacuzzi and sauna.
• Questrade was the first discount broker to offer USD-denominated Registered Retirement Savings Plans .
• IB rocks, banks+questrade all suck if you are an active trader with not a huge amount of money to start.
• Now, I don’t like my trading service with my bank any better, because of the prices, but at least it’s relatively reliable, and they answer my questions.
• It seems that this downside haunts nearly all customers in their own unique way.
• Questrade has an account with the Royal Bank of Canada to process its wire transfer requests.

In contrast, PAD effectively lets you fund your Questrade account with USD for free. However, the funds might take two to three business days to arrive for a PAD request lower than $10,000 CAD or USD. If the PAD amount is $10,000 CAD or USD or higher, you can expect it to take up to seven business days to come through.

Using Pre-Authorized Deposit

It translates directly into ‘poor’ quality, while 67% of reviewers gave it a minimum amount of starts. On Questrade Global, the role of such specialists are filled by the Questrade’s own financial advisors, it seems. Alternatively, they also receive the signals from a renowned signal provider and just share them on their own app. Near the news section you can also find an economic calendar many modern-minded brokers use. It includes the recent economic events and decisions, as well as the exact effects they have or will have on the market. By the looks of it, the calendar can be filtered to a large extent to show you the exact info you want.

Please, try to avoid profanity and foul language in the text of your review, or it will be declined from publishing. By submitting a Forex Broker review to EarnForex.com you confirm that you grant us rights to publish and change this review at no cost and without any warranties.Make sure that you are entering a valid email address. Reviews posted from a disposable e-mail address (e.g. ) will not be published. Please submit your normal e-mail address that can be used to contact you. To submit your own Forex Broker review for Questrade FX fill the form below.

Blog Archive

Some banks offer free wire transfers for a specific amount of cash, depending on the account type you have. You need to check with your bank or financial institution to get more information on wire transfers because they might involve daily maximum limits and fees. Aside from that, Questrade offers several account types to choose from and low-cost investing options that make trading more affordable. You can also use the platform to purchase ETFs for free and use the discount broker to buy and sell stocks for as little as $4.95 per trade. Questrade is amongst the biggest names in Canadian brokerage. Tons of money goes through this platform every day, but that doesn’t necessarily mean they are any good.

He said no the audit would be around $500.00 in total and would not be refunded even if they found that Questrade took money from my account. No one who has been made aware of this situation thinks that it’s acceptable, except of course for Questrade.com who still refuse to return money which doesn’t belong to them no matter who legally asks for it. The platform is confusing, it’s buggy, and on top of that they’ve recently added inactivity fees in order to force you to trade. Now, I don’t like my trading service with my bank any better, because of the prices, but at least it’s relatively reliable, and they answer my questions.

Submit your review

Questrade has an account with the Royal Bank of Canada to process its wire transfer requests. You should send your USD directly to the RBC bank account below to complete wire transfer requests and fund your Questrade account with USD. This allows Canadian traders the chance to fund their accounts with USD and trade U.S.-listed stocks and exchange-traded funds while avoiding unnecessary expenses during currency conversions.

Apparently Rob is a superhuman adding computer… either that or a bald faced liar. I called him on the amazingly quick audit he was able to do and he hung up , after 45 mins. I spoke with him a few days later and said he couldn’t bully me into submission, that I wanted a real audit of my account. He told me a real audit is $75 an hour charged to my account. I asked if Questrade was found to be at fault, would the audit be free?

It would be a good excuse to say they just don’t have enough resources to satisfy everyone. However, they don’t do anything to persuade people they’re doing their best. Still, you can choose wire transfers or pre-authorized deposits based on your preferences. If you are a Canadian interested in the U.S. stock market, you might have heard about Questrade.

You can start generating more leads by starting ads campaign or offer coupons or deals. Forex.Questradeoffers competitive pricing on over 55currencypairs with target spreads of as low as 0.8 pips under normal market questrade forex conditions. The company does offer you a sizeable amount of easy-to-navigate platforms, each with its own unique advantages. It seems that this downside haunts nearly all customers in their own unique way.