Tuesday 15 May 2012

A Novel Trading Platform North Of The Border; Questrade Is A Haven For Self-Directed Traders

By John MacDonald


Questrade is a direct access discount online broker with its HQ in Toronto, Canada. They were first to introduce the $9.95 as well as the $4.95 pricing per trade in Canada. They were also the first to introduce gold as investments - allowing users to hold, buy or trade physical gold in their RSP (Pension Nest Eggs Plans) accounts with them.

Complete Self Direction

Questrade believes in complete self-direction of stockholders and traders, and supply much wanted educational material on their web platform to educate its users. Informed investors make profitable investments by employing real time quotes, stories and research.

Flexibility of Costs

If you're trading under 1,000 shares, it makes sense to trade utilising the $4.95 plan. From the other viewpoint, if you are a larger investor, the $9.95 plan for infinite number of shares would be most advantageous for you. Using their web platform, you can send your order to the stock market. There aren't any middleman commission charges which increases the profitability of your trade. To learn more about costs, check out this review of Questrade.

Creativity

The price and technology this brokerage offers its users is far superior to what's out there in other online brokerage houses. They've a great reputation for invention and have been honoured with quite a few respected awards in recent times. With technological progress, their costs have come down during the past few years and they struggle to keep on that invention by bringing Questrade users more and more tools for their autonomy as market stockholders.

User-Friendly Dealing Systems

Questrade comprises of 3 separate platforms? Questrader Web, Pro and Select. With Questrader Web, you can get access to their site and keep track of what's occurring in the stockmarket. It is extremely useful for investors who are only starting and would like to gain more data. Questrader Pro, as the name implies, is for pro financiers who are trying to find the best investment deals on the internet. Ouestrader Top-flight is a more upgraded version of the prior one and is centered at highly pro online financiers. Although these 3 platforms alter re functionality, they are fairly user friendly and go a good distance in making you a successful online trader.




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