Originally posted by Manhattan
How's Questrade as a discount brokerage? any opinions?
I have accounts with TD, Interactive Brokers, and Questrade. They all have their plus and minus', but I'd say Questrade has had excellent customer support, and their new Questrade IQ Platform is quite good - better than the Interactive Brokers Web Trader. It's also very easy to get set-up with Questrade, whereas I recall IB being a huge hassle. The IB charting software with their downloadable platform is a bit better than that offered with QT, but that's about it. QT also has better educationals and some basic research, whereas IB has none. You can also get RRSP & TFSA's with QT, whereas you cannot with IB.
TD has better research, but trades also cost much more, which is why I've opted for multiple platforms.
Overall, QT is the best discount brokerage I've used. If you use the link at the top of my TSXTrader blog, you'll get $50 in free trades with QT as well!
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