How does Questrade differ from the competition?Ī first observation: any investor interested in this discount broker can open a practice account very quickly. The craze for online brokerages has also recently made the headlines. With such an investment account, you can trade a wide variety of products offered on the financial markets, including stocks, exchange-traded funds (ETFs), mutual funds, and others. Since it’s easier than ever to open an account with an online broker. Questrade is one of the Canadian brokers to consider. On the other hand, you’ll have to learn to navigate by yourself in the maze of stock market investments. Coupled with an already-advantageous commission rate, that’s all it took to get investors interested in the platform.By choosing one of the most active discount brokers in the industry, you’re guaranteed lower commission fees. In October 2020, online broker Questrade made the move to eliminate account inactivity fees from its price list.
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