Investing

STAY AWAY from Questrade!!!!!!!!

  • Last Updated:
  • Nov 1st, 2019 6:02 pm
Deal Fanatic
User avatar
Dec 23, 2008
6114 posts
1693 upvotes
Milton
BRKAMZN wrote: so, is Questrade good for people with $100k+?
Yes, if you are a passive investor. If you are an active trader then you should explore other options.
Banned
Nov 23, 2018
592 posts
516 upvotes
spena wrote: Yes, if you are a passive investor. If you are an active trader then you should explore other options.
I thought if Questrade goes out of business, the Insurance will cover only $100k per account?
Deal Addict
Jun 28, 2018
1031 posts
789 upvotes
Toronto
BRKAMZN wrote: I thought if Questrade goes out of business, the Insurance will cover only $100k per account?
100k is for bank accounts and insured by the crown corporation Canadian Deposit Insurance Corporation CDIC https://www.cdic.ca/

Investment accounts are covered up to $1,000,000 by the Canadian Investor Protection Fund CIPF https://cipf.ca/Public/CIPFCoverage/Wha ... Limits.asp
The Distracted Investor

Dividends through quality companies 😃 Though I usually lose money with trades :facepalm:

Top

Thread Information

There is currently 1 user viewing this thread. (0 members and 1 guest)