Most of the time the trading was ok, but at some point there appeared some trades that I have never done. Don't just trade with any broker, trade with the best! Since Questrade will arbitrarily keep your money when you cancel your application, the following Questrade statement is completely false, a blatant lie and very misleading:.
A few months ago I left them for Questrade because of the cheaper commissions and their favorable consumer ratings. Up until the morning of March 5, I had a very good experience with Questrade, I even got my account set up in only 4 business days, which was very impressive! Also, I have a TaxFreeSavings account, which means no margin account, no loans, no borrowing, no overdrafts. I can do transactions up to my current cash balance, any more money and it will reject the order because of insufficient funds.
With that in mind……. The night of March 4, at 4: The morning of March 5, at 9: I suspended my account at that point and stopped trading. Boy was I wrong, the real fight had just begun as I spent 2 hours and 06 mins. He refused to understand that I sold stock for this price and then my account balance said I had much less then what I sold the stock for, even though this is very simple concept.
He at one point 30 mins. Apparently Rob is a superhuman adding computer… either that or a bald faced liar. I called him on the amazingly quick audit he was able to do and he hung up I have a witness who was also listening to the call , after 45 mins.
I asked if Questrade was found to be at fault, would the audit be free? I then attempted to go higher then Rob by using a good comment blog post and contacting Emil Vojkollari and Nicholas Roussos, both in middle management, who seem to help people on the blog I saw solve problems with Questrade, and guess what? Shame on you Questrade. I joined Questrade about a year ago and about 6-months later i gained more confidence to explore Forex trading.
Granted this review might be a little older but i felt that as a newbie into forex trading that Questrade has improved considerably because getting started was quick and painless. The design was polished and opening account was quick and painless you could do it all online.
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Please disable AdBlock or whitelist EarnForex. Founded in Offices in Canada. Canadian dollar United States dollar. Email Live chat Office Phone. Hedging Pending orders Browser-based platform. Open real account or open demo account with Questrade FX View contract specifications. Reviews 8 reviews of Questrade FX are presented here. Avoid Questrade , Canada. Thursday, November 22, You should be able to transfer your funds.
Can anyone trust a company who lies, deceives, cheats and steals your hard earned money? Since Questrade will arbitrarily keep your money when you cancel your application, the following Questrade statement is completely false, a blatant lie and very misleading: Questrade will do as they please with your money. What will the regulators do about Questrade? Only time will tell. Please feel free to repost and share. Harry Chong , Toronto.
Monday, September 10, Chris , Toronto, ON. Friday, February 18, Saturday, April 17, Questrade no longer exist as a forex broker.
Friday, August 28, John Tomson , Toronto. And the Portfolio IQ accounts is the Questrade professionally managed. I was pleased to see when doing this Questrade review that a demo account is available for those wishing to practice their trading before opening a real account at Questrade.
Questrade IQ practice accounts are good for 30 days, and include desktop and cloud-based software for computers and tablets as well as a mobile web app.
The Questrade Advantage is an active trader program with good commissions. There is no minimum trading threshold or account balance requirement to use this service; all that is needed is to subscribe to an advanced market data plan and the Advantage is automatically put in place. Margin Power is a new service from Questrade that combines a TFSA and a margin account thereby increasing the buying power of an account.
Traders can enter new positions in their margin account without selling securities or transferring in cash. The Mutual Fund Maximizer allows anyone holding a mutual fund portfolio to be reimbursed trailer fees thus decreasing charges paid and increasing returns by compounding investing.
Questrade also offers borderless trading which enables both U. Traders can trade markets on both sides of the border without surprise currency conversion fees every time they buy, sell or receive dividend income. Another unique feature is the Drip plan. Anyone registering to the Questrade dividend reinvestment plan DRIP automatically receives dividend income that can be used to purchase additional shares without any trading commissions.
When it comes to education, Questrade offers a full range of online and in-person training that is geared towards both basic and advanced Forex and CFD trading. At the online Trading Academy, traders can take advantage of a free power trading workshop to learn the foundations for building a successful portfolio. In addition to all the above, every Questrade account comes with a full suite of powerful research tools, publications, reports and financial resources to help self-directed investors make smarter, more effective trades.
There are endless ways to fund an account at Questrade including the standard transfers, online banking, certified checks, money orders and others. Withdrawals can be made using the same methods.
Traders get platform support 24 hours a day, seven days a week with online help.