Qtrade investing account full review
Qtrade is a self-directed investment account for those investors that look to expand their portfolio and knowledge. Then, read the Qtrade investing account review right below!
Qtrade investing review
Even though you pay commission for trading at Qtrade, the robust platform with an educational portal might be worth considering if you look for an investment account, and you’ll learn all about it in this Qtrade investing account review.
Qtrade is a self-directed investing and online platform where you can trade with the confidence and support you need to grow your money.
Also, it offers some commission-free for select ETFs and mutual funds. Plus, some say that the customer service is one of the best among the competition.
|Trading fees||Commission-free for mutual funds and select ETFs;|
Prices vary from $6.95 to $8.75 for Equities and other ETFs, plus $1.25 per contract for Options (depending on the pricing plan);
$1 per $1,000 face value for fixed income and Exchange-traded debentures;
And $7.75 for stocks and EFTs for investors aged 18 to 30
|Account minimum||$0 for investors aged 18 to 30|
|Investment choices||Mutual funds, ETFs, fixed income and Exchange-traded debentures|
How does Qtrade investing work?
If you are a frequent investor in Canada, Qtrade is the right place for you. This investment account features tools that help you to invest smarter and better.
Actually, this brokerage firm has won an award for Canada’s best online investing platform.
Since the platform offers Portfolio Creator, Score, and Simulator, you can rely on to build, expand, and evaluate your portfolio, considering your goals and risk tolerance.
And even though it is self-directed, it doesn’t lack tools for support, information, and resources that make your investment management easy.
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Qtrade investing benefits
The main feature of its account is the platform. Whether you are a new investor or an expert one, you may enjoy all the benefits you can get by investing at Qtrade.
Although it doesn’t offer commission-free for some investment choices, the tools, and educational portal are worth paying for.
Plus, the trading fees charged are not that high compared to other brokerage firms. But before deciding to join it, check out the list of pros and cons!
- Commission-free for select ETFs and mutual funds
- Robust and resourceful online platform for trading
- High ranked customer service and assistance
- Educational portal
- Limited investment choices
- Limited commission-free trading fees
Should you join Qtrade investing?
First of all, Qtrade is an Aviso Wealth company, a large wealth management firm in Canada.
Besides the reliability, this broker offers a great online platform full of resources and educational tools, so you can invest smarter and better.
Can anyone open an account?
Everyone who lives in Canada and is over 18 years old. It also requires a government-issued ID, Social insurance number, Investment e-Statements, income, assets, and net worth information.
How to open a Qtrade investing account?
If you liked this post and want to learn more about this investment account, then take a look at our next post to see how to join it!
About the author / Aline Augusto
Reviewed by / Aline Barbosa
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