Why do we recommend Questrade?
We recommend Questrade as a stockbroker in Canada from the following financial perspective:
- They don’t have a monthly fee
- Only $1,000 required to open an account (minimum starting investment)
- ETFs are free to buy
- They charge $4.95 to sell up to 495 shares ($9.95 max)
Questrade is a member of the Canadian Investor Protection Fund (CIPF), which offers up to $1,000,000 investor protection against investment dealer insolvency. Additional private insurance is also provided up to $9,000,000. For details on coverage, see the CIPF website.
Source: Questrade Help
Information on this page is made available as of March 2015. Please check broker website for current information.
If you have a USD bank account with RBC, you can make arrangements to do a direct transfer from your account in USD directly to your Questrade account. Please check with your bank for details.