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)

Investment Protection
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.