Is Questrade good for beginners?

Yes, Questrade is worth checking out if you're a new investor. Its standard web-based and mobile trading platforms are simple and intuitive to use, there's no minimum deposit required, and its support for fractional shares means you can start trading with as little as $1. The platform also offers a range of educational resources like tutorials and investment lessons to help develop your investing knowledge.

What is the downside of Questrade?

There are a few areas where Questrade may not perform as well as some of its competitors. Be aware that you will need to pay a monthly fee for real-time market data on Questrade, while the platform does not yet support fractional shares for Canadian stocks. Some investment types, including IPOs and bonds, also come with a high minimum investment of $5,000.

What is Questrade Reserve?

Questrade Reserve is Questrade's premium client status for active traders and high-net-worth individuals. If you qualify for Reserve status, you can access perks like a bonus interest rate boost on RRSP contributions, dedicated support and free access to the benefits of Questrade Plus.

Questrade vs Wealthsimple—which is better?

It depends on what you're looking for in a trading platform. If your top priority is a simple and streamlined trading experience, Wealthsimple may be a better choice. But if you're searching for more features, more tradeable assets and more trading tools, Questrade comes out on top. Learn more in our full guide to Questrade vs Wealthsimple.

How do I fund my Questrade account?

You can add funds to your Questrade account by instant deposit (Interac and Visa Debit), bill payment, pre-authorized deposit, wire transfer, bank or broker transfer, non-certified cheque or stock certificate.