Qtrade review written by investing professionals. IB Boast a huge market share of global trading. but... they have futures available, and they share cash with you if they lend out your stock to somebody. Introduction to this Questrade review. As two of the best discount brokerages in Canada, the Qtrade vs Questrade debate has had DIY investors arguing for years. Or is IB more stable? Tradezero.co is an online discount broker based out of Nassau, Bahamas. We appreciate that both Questrade (see our full Questrade Review) and Virtual Brokers … Close. Review. Like others have mentioned, IB is more suited for active traders. Do any of you use Interactive Brokers for buying/holding ETF's as well as doing some active trading? Switching from TD. Interactive brokers seem to have pretty cheap commission rates on currency conversions. I got started with investing back in January, right before the crash. Every mention will gain 1 vote and I'll use that to weigh each company in the portfolio. Can anyone here provide their experience with Interactive Brokers and whether it may be better to switch to them from a price perspective, as well as from a user experience perspective? I don’t trade very often. Questrade vs Interactive Brokers. Posted by 5 months ago. Interactive Brokers Canada Inc. is an execution-only dealer and does not provide investment advice or recommendations regarding the purchase or sale of any securities or derivatives. See a side by side comparison of Questrade vs TD Ameritrade. Interactive brokers is $3 monthly activity fees if you’re under 25. Questrade vs Interactive Brokers. Web Trading App 8.8/10. Firstly when you are looking to trade it is essential that you can guarantee that your money is in safe hands. For our 2021 annual forex broker review, we spent hundreds of hours assessing 27 forex and CFD brokerages to find the best forex broker.Let's compare Interactive Brokers vs OANDA. For our 2021 annual broker review, we spent hundreds of hours assessing 11 brokerages to find the best online broker.Let's compare Fidelity vs Interactive Brokers. The minimum to open a… etfs are not free to trade, but still like $1-2. Converting currency- interactive brokers vs Norbert gambit at questrade. im with IB, they are good. To help you choose, we're breaking down each brokerage, so you can find the best fit for you. My original plan was to follow the standard CCP method and just by VEQT.TO. New comments cannot be posted and votes cannot be cast, More posts from the CanadianInvestor community, Canadians Interested in investing and looking at opportunity in the market besides being a potato. I know you can buy this stuff in a cash account, but wanted to know if this is possible in registered accounts. Posted by 3 years ago. Archived. Questrade is an online brokerage providing self-investing and trading products. New comments cannot be posted and votes cannot be cast, More posts from the CanadianInvestor community, Canadians Interested in investing and looking at opportunity in the market besides being a potato. For penny stocks, please visit: r/canadapennystocks, Press J to jump to the feed. Rated #1 - Best Online Broker 2020 and a Top Online Broker 1 for Ten Consecutive Years by Barron's For 43 years the IB Group 2 has been building electronic access trading technology that delivers real advantages to traders, investors and institutions worldwide. I am currently with Questrade and they're the only broker I've used to date. i have an account openned in both, they both have their advantages and disadvantages.. mainly questrade is really more userfriendly, have great customer services. I've recently been trading ATZ.TO, AC.TO, RY.TO, etc. Questrade vs. Interactive Brokers I've been a long-time reader of these forums, although this is my first post. Press question mark to learn the rest of the keyboard shortcuts. For Canadian investors looking to minimize their trading fees as much possible their search inevitably leads them to a Questrade vs Virtual Brokers comparison. Questions regarding individual companies, ETFs, Tax implications, Index Investing, and more... I'm making a little Reddit portfolio. I anticipate long-term that I will likely end up putting ~$2,000 per month into VEQT.TO or VGRO.TO while also then using up to ~$1,000 per month for more active trading and speculating. their fees go to 0 if u exceed in commissions that amount. Holy fuck boys, we are getting robbed by questrade. Currently have a Self-Directed TFSA with TD that I want to switch from due to the high fees. Questrade vs Interactive Brokers. See a side by … No complaints for either. Do they have frequent outages like Questrade seems to get? Investing. Hey, does InteractiveBrokers let you buy stocks/etfs listed on foreign exchanges outside of Canada/USA in your TFSA or RRSP (eg. Online brokerage comparison: Questrade* vs. Wealthsimple Trade* Questrade * started making its name as a low-cost provider of brokerage services in … The purpose of this post is that with my more recent foray into active trading, I've noticed that I am unable to us trailing stop orders and trailing stop limit orders on Canadian Exchanges with Questrade. If you are looking for an extensive comparison between all the available Canadian brokerages, read our Questrade vs the Others extensive comparison. I used questrade and so far so good. Questions regarding individual companies, ETFs, Tax implications, Index Investing, and more... I'm a 28 year old lawyer with no consumer debt outside of my mortgage and am investing $2,000 per month in addition to putting aside $1,000 per month for emergency savings. Discussion would be geared around any investment opportunities a Canadian has access to. Comparing forex brokers side by side is no easy task. Qtrade vs. Questrade? Dont they charge you 25$ quaterly for inactivity then? With a minimum deposit of $10,000 however, they remain an option for larger traders only. Questrade is an online brokerage providing self-investing and trading products. I could contact them, but I figured I could ask here first along with a few other questions to get your experiences. For penny stocks, please visit: r/canadapennystocks, Press J to jump to the feed. Questrade is the largest online Canadian brokerage that is unaffiliated with a bank. Online brokers compared for fees, trading platforms, safety and more. With Registered Office: 1800 McGill College Avenue, Suite 2106, Montreal, Quebec, H3A 3J6, Canada. I've tried looking into whether this is the same case with Interactive Brokers, but have been unable to find that answer. Questrade vs Interactive Brokers in 2020. Comparing brokers side by side is no easy task. 8.5. Let's say I want market data option, and am trading stocks & options. London stock exchange)? 1. In general I have been happy with my experience, other than the odd outage (such as this morning). Interactive Brokers $0.005/share. Questrade wins out in that they have RRSP, LIRA, TFSA et al. 1. I was considering switching to Questrade until I came upon quite a few negative posts about them today. The two discount brokers that seem relatively popular are Questrade and Interactive Brokers. Press question mark to learn the rest of the keyboard shortcuts. IB Boast a huge market share of global trading. Ready to learn more about day trading with me Click here https://warrior.app/learn2trade to take a FREE class, where you can learn 1. I work at Wealthica, a consolidated portfolio tracker for Canadian investors and I also … Updated for 2021. Questrade, site goes down from time to time, money takes a long time to transfer in and out ... so while it's cheaper, it may not be better. And they deduct the ~$1 commissions. Don't know about IB, however, I've used Questrade for about a year to buy $23k worth of ETFs and have paid $2.88 in fees. A domestic broker, such as Questrade, may … I saw many people saying Interactive Brokers is better, but I can't find much clear information online about their fees. 3. This is a TFSA. Can you use trailing stop orders and stop orders on IB in relation to Canadian Exchange stocks? Interactive Brokers Group and its affiliates' equity capital exceeds $8.5 billion. What is the difference between the two? Deciding between Questrade vs. InteractiveBrokers Hey guys, my friend and I are currently debating over the benefits of each respective brokerage. Comparing brokers side by side is no easy task. So far I have been correct, although I am fully aware that will likely not continue into the future and I will likely fall back into VEQT.TO once the market settles down or my hubris catches up with me - whichever occurs first. Could be wrong, but looks like IB is the only choice for direct investing in non-North American markets, excluding ADRs. Over the last month, I became more interested in active management of my investments rather than just following the CCP. However, they don’t accept accounts from the United States of America. Unlike Questrade, Interactive Brokers gives 24-hour telephone entry throughout market days and shifts to overseas venues in a single day. User account menu. Switching from TD. Comparing forex brokers side by side is no easy task. Interactive Brokers is more suited for traders and allows the trading of stocks, ETF’s, options, and futures contracts, as well as forex, among other things.. M1, on the other hand, doesn’t have these things, and is better suited for long-term buy-and-hold investors of stocks and ETF’s. Interactive Brokers has 24-hour weekday phone support with callback service, a secure message center, 24-hour weekday online chat, and … Social Feedback 8.0/10. IB is great if you have $20,000 or so saved up. Customer service reps at Interactive Brokers have a status for being educated and expert however brusque, which can be off-putting for some buyers in comparison with a extra conventional on-line dealer like Questrade. Everything in one place: pros and cons of fees, trading platform, and investor protection. I know that Questrade is great for buying/holding ETF's due to them being free to purchase, but as I've been trading actively with stocks lately, fees have been relatively pricey. I got started with investing back in January, right before the crash. Interactive Brokers offers full access to major markets around the world, which makes it a serious competitor to Questrade in Canada. IB has way better margin rates and fx rates. Read the full reviews for even more facts. BMO charges pretty high commissions, 30$, so I'm looking to transferring to a different broker. Converting currency- interactive brokers vs Norbert gambit at questrade. IB will charge a flat $9 a month for accounts under $100K I think but that's the equivalent of non-etf two trades a month in questrade. Since they are located outside of the jurisdiction of the United States and the U.S. Securities and Exchange Commission, the $25,000 PDT ruledoesn’t apply for their customers. Compare Interactive Brokers and SimpleFX with our easy side-by-side table. So I also thought they were there, however, when I go to submit a trailing stop order, the order confirmation screen just gives me a bunch of N/A figures and won't accept it. Also you'll lose out on CIBC IE's news feeds, graphing, charts, etc. Example QT 19$ to buy and then … and that is when I realized I could not set up a trailing stop loss orders. I believed that with how volatile the markets are and the research I've been able to put into a few companies that I could outperform VEQT.TO in the short term. Questrade is pretty bare bones. In depth comparison of Interactive Brokers (TWS) vs Questrade (IQ EDGE) platforms & Brokers! Questrade vs Interactive Brokers Comparison Table 2021; Questrade Interactive Brokers; Review. Discussion would be geared around any investment opportunities a Canadian has access to. Features & Usability 8.0/10. For our 2021 annual forex broker review, we spent hundreds of hours assessing 27 forex and CFD brokerages to find the best forex broker.Let's compare CMC Markets vs Interactive Brokers. Interactive Broker vs Questrade Hey all, I'm looking at the fee structure and am a bit confused on what the total would be at the end of the month on fees only. also IB gives you acces to more markets/products. We hope this Questrade Vs Interactive Brokers guide has helped you decide who is best to trade with out of Questrade and Interactive Brokers. Interactive Brokers or SimpleFX - which is better 2021? I wasn't trying to implement a bracket order though. M1 Finance vs. Interactive Brokers – Investment Products. Which one’s best? For our 2021 annual broker review, we spent hundreds of hours assessing 11 brokerages to find the best online broker.Let's compare Interactive Brokers vs TD Ameritrade. I'm a current Questrade TFSA user myself, but have been doing some research on IB. Mobile Trading App 8.8/10. The company offers traditional brokerage services along with robo-advisors and wealth management. Both of these Canadian discount brokerages seek to attract the same cost-conscious demographic and offer excellent overall value. I think I've had issues logging into Questrade like once or twice a month. Online brokers compared for fees, trading platforms, safety and more. Happy to be corrected of course. I use both platforms. Im under 25 which I believe makes the activity fees at IB lower. I've been a long-time reader of these forums, although this is my first post. But if you want to know why so many people recommend Questrade, then keep on reading.. I've heard bad things about Questrade, but not much about Interactive Brokers. They are registered with the Securities Commission of the Bahamas. We thought it’d be easiest to highlight the best features of Interactive Brokers by comparing it with one of the most popular online brokerages in Canada – Questrade. Questrade Vs Interactive Brokers Verdict. Close. Off the top off my head I swear I've saved over 900% with IB. 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