Questrade Review

4.3/5
Last Updated: 6/22/2026
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Summary

Questrade is a solid choice for Canadian DIY investors, especially those building ETF portfolios. With $0 commission on stocks and ETFs, low-cost options, and incoming transfer-fee rebates up to $150/account, it offers excellent value for self-directed investors. Promotional transfer bonuses rotate seasonally, so check for a current offer before transferring.

Detailed Review

Questrade has been a mainstay in the Canadian discount brokerage landscape since 1999. It now offers $0 commission on stocks and ETFs and $0.99/contract options, making it strong for both passive ETF investors and more active traders. Questrade reimburses incoming transfer fees up to $150 per account. Its new-client and transfer promotions rotate through the year (for example, the RRSP-season cash-back offers), so confirm the current promo before transferring. The platform's interface is functional rather than flashy, and customer service can be slow at peak times, but for low-cost DIY investing Questrade remains a top contender.

Best For
  • Passive ETF investors
  • Dividend-focused investors
  • DIY investors building long-term portfolios
  • Investors with multiple account types
Ratings Breakdown
fees4.5/5
platform4/5
customer service3.5/5
promotions4.5/5
safety5/5
user experience4/5

Alternatives to Consider

Wealthsimple

Better user experience for beginners

Qtrade

Similar fees, better customer service

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TrackMoola is independent and supported by our readers. We may receive commissions from some of the companies featured in our reviews. This does not impact our evaluations. Our goal is to provide honest and helpful information to help you make informed financial decisions.