Quote:
Originally Posted by TRDood
i tried setting up a questrade account online. i sent them a $5 cheque to them in March, after that, nothing happened......
i will stick to my current provider, they are more reliable since i work there! hahaha
yes, you save $20 per trade.. BUT i'm always afraid that one day, Questrade is gonna go down or I have money dissappear from my account, then im FUCKED.
plus, i usually buy US stocks, Questrade takes 15 or 20 days to process a USD cheque, which is super retarded.
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Questrade is a member of CIPF, so your account up to 100K is secured as far as I know
For Questrade US stocks, if it's done on the same day, they will only charge you the difference between the profit, and their exchange rate is not that bad compared to banks.
That being said, they recently imposed a $5 fee for US trades (max $ per day) on RRSP accounts I believe, and their "unscheduled maintenance" is famous too.
so you REALLY get what you pay for lol