Questrade

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Additional information

Fees

$0

Promotion

Get $25 for every friend who opens an account. Get $50 bonus for every third referral.

Why we like it

Questrade also offers stock, options, bonds, exchange-traded funds (ETF), and mutual fund trading. Contracts for differences (CFDs) and foreign exchange can also be traded, but require a separate platform. In addition, Questrade provides access to initial public offerings (IPOs) and purchases of precious metals.

Pros

• no fees associated with tax-free savings accounts (TFSAs) or registered retirement savings plans (RRSPs)
• User-friendly website and mobile app
• Comparatively lower trading fees than other Canadian brokers
• Provides security for client accounts

Cons

• Few available academic resources
• A subscription is required for streaming real-time quotes.