Questrade Review – Is Questrade Legit?

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What Is Questrade?

Questrade REVIEWS

Questrade Preview: (to pause video, simply tap/click on it)


Questrade is a new breakthrough low-cost and reliable broker

Read 100% Free Questrade Review by Scamorno Team


System Questrade
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Overall Score 9.3/10


Are you looking for more information about the Questrade trading platform and can you really trust this Canadian-based broker with your trades? Today, Questrade is Canada’s leading discount broker that charges no annual account fees. It provides traders with 2 great trading platforms to trade not only the Canadian stock market but also the US stock market as well. They are the IQ Edge Desktop-based platform and IQ-web web-based trading platform.

At Questrade, we have found their platform to provide highly transparent pricing with commission-free ETF trades with many discounts for active traders. There are no annual fees for traders as well.

Review Verdict: Questrade is a legitimate broker that works

Visit Questrade Website

Questrade Review 2020 |

Is Questrade Right For You?

Questrade trading platforms provide a wide range of tools and is very easy to use even for new traders? On top of that, they also have highly advanced research tools that make it easy for traders to find the best instruments to trade every day. Customer support is also very timely and efficient, as we have found them to provide relevant information quickly to our questions via their live chat service.

However, there are some things to take note of, especially if you are not a very active trader. Firstly, there is an inactivity fee for accounts with less than $5,000 if no trades have been made for 3 months. Also, international clients should also take note that account opening for non-Canadian residents are not fully digital, so can take slightly more time.

What Are  Is The Questrade Made For?

  • IPO Centre: This tool provides information for traders to know the latest IPOs, structured products and secondary offerings, so you know which ones are going to provide you with trading opportunity.
  • Morningstar’s Market Intelligence: With this tool, simply enter a security’s symbol or name to scan for its valuation, financials, filings or other key metrics. Also, traders can choose to receive customised email alerts in order to stay up-to-date with the latest news on their trading instruments.
  • Recognia’s Intraday Trader: Recognia has a bunch of pattern recognition tools that automatically recognises chart patterns as they form and informs you about it when they become available. You can first specific your own watchlists or investment goals, so that when an opportunity arises that matches your preset criteria, then you will receive notifications with annotated charts and a description of what is happening.

Questrade Review

Review Verdict: Questrade is a legitimate broker that works

Visit Questrade Website

Consumer Fraud Alert Regarding Questrade

The success of Questrade has given rise to many frauds who try to sell their own fake services in its name. This is a big issue as many consumers have lost their money in buying from such fake sites. It is advised that consumers should be really careful when they are subscribing and should do some research before they buy from any website. To spot these, watch out and avoid sites that claim to write about Questrade, yet the writeup is completely garbage as they are created by software and spammed all over the internet. It is always better to avoid buying from any other site other than the official one. Therefore, it is highly advised that consumers do careful research, or only buy join the site from the official website here – (link opens in a new window). The official website that they have includes the legitimate website.

Conclusion about Questrade


In summary, Questrade has proven to be a great platform for many types of traders, whether they are looking to trade the next hot stock, or is an index investor only looking to make a couple of trades per month. As the leading low-cost broker of Canada, we can strongly recommend them for any DIY Canadian traders/investor. Hence, if you too would like to access a revolutionary low-cost broker that still comes with many powerful features, then we highly recommend you to learn more about Questrade at the button link below!


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