According to QuesTrade.com Website:
QuesTrade.com is Canadian-owned and operated trading firm. QuesTrade offers low commissions and no restrictions on activity level. 1¢ per share. $4.95 minimum and $9.95 maximum. Questrade also allows traders to hold and trade USD in registered accounts – along with the new tax-free savings account – without having to pay forced currency conversion fees.
QuesTrade.com offers their traders a24-hour trading, leverage, liquidity, shorting rules, more than 30 currency pairs; spreads as low as 1-2 pips and the security of trading with a regulated Canadian brokerage. They offer tighter spreads on 15 of their currency pairs. Minimum initial deposit of $10,000 USD is required to qualify for Tier.
Questrade Inc. offers Individual, Joint and Informal Trust account for their traders. Funds can either be transferred through online wire transfer or from another broker.
QuesTrade.com is a wholly independent and Canadian-owned brokerage and is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund (CIPF). CIPF provides coverage for trader’s general accounts up to CAD $1 million per account.
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