Is Virtual Brokers any good?
Virtual brokers made my list of the best trading platforms in Canada. Despite its low commissions and trading fees, it can become costly for the more advanced traders than its peers. I will cautiously recommend Virtual Brokers, but I do think there are better discount brokers out there.
Who owns virtual brokers?
CI Investment Services Inc.
Virtual Brokers/Parent organizations
Is IB better than questrade?
Interactive Brokers may have more robust and professional-level research tools, but the platform charges additional fees for third-party research tools integrated with TWS. Meanwhile, Questrade offers research tools that are easier to use and are available at no additional cost.
Which trading platform is best in Canada?
Here are the top five brokers for trading stocks in Canada.
- Questrade – Best Overall.
- Qtrade Investor – Best for Research.
- Interactive Brokers – Best for Professionals.
- TD Direct Investing – Diverse Trading Tools.
- CIBC Investor’s Edge – Transparent Fees.
Does Questrade have inactivity fees?
As of October 1, 2020, our quarterly inactivity fee has been discontinued. Inactivity fees do not apply to any Questrade account type. If you need to reference historical inactivity fee charges, please see the section below for more details.
Can you day trade on Questrade?
Day trading as a business is not allowed recommended inside a TFSA account. You can buy and sell individual stocks for as low as $4.95 per trade. Besides global stocks, Questrade also offers trading in precious metals.
Which is better questrade or Virtual Brokers competition?
Questrade might be a better fit when it comes to the Questrade vs Virtual Brokers competition if you: Value having live chat feature that will get you help quickly and efficiently. Will be purchased any stocks or ETFs in USD (such as those trade on the New York Stock Exchange.
Are there any other brokerages like questrade?
Fierce competition, especially from Wealthsimple Trade, is helping lowering fees at other brokerages like Questrade. This is great news for the ETF or Canadian Couch Potato Investor that does not trade so often.
Which is the best online brokerage in Canada?
The Globe and Mail has Virtual Brokers as #1 Brokerage (on par with TD) in the latest The Global and Mail Online Brokerage Ranking Award for 2019. As much as I respect Rob Carrick, Virtual Brokers has one of the worst trading app of all Canadian brokers; they also have one of the worst customer service.
What’s the best feature of the questrade app?
Beside the low fee and usual trading functionalities, one of my favourite Questrade feature is the App Hub that allows integration with third-party apps like Wealthica which provides enhanced reporting and automation features. I work at Wealthica, a consolidated portfolio tracker for Canadian investors.