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Revealed Feb 09, 2025 • 3 minute learn
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TORONTO, Feb. 09, 2025 (GLOBE NEWSWIRE) — Questrade (www.questrade.com) — Canada’s #1 rated¹ on-line brokerage — eliminates buying and selling commissions on its platforms, additional empowering Canadians.
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“We’re persevering with our custom of disrupting the {industry},” stated Edward Kholodenko, president and CEO, Questrade. “We imagine Canadians ought to hold extra of their cash, and $0 commissions, coupled with our industry-leading platform, will assist them just do that – whether or not they’re simply beginning out or are extremely refined merchants.”
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The brand new $0 pricing, which is now dwell, will permit Questrade clients to commerce Canadian and U.S. listed equities and ETFs commission-free, with choices as little as 75¢ per contract².
As a result of information this large wanted a launch to match, Questrade partnered with actor Gabriel Macht. Recognized for portraying characters who “get theirs,” Gabriel introduces Canadians to the concept of $0 commissions being the best way so that you can lastly “Get Yours.” Macht says, “I actually respect what Questrade stands for as a model, to me the partnership was the right match.”
Questrade, a 100% Canadian-owned impartial brokerage, has a protracted historical past of offering worth to Canadians. It was first to cut back buying and selling charges to $9.95, when most brokerages charged $30 or extra. Then, Questrade launched the $4.95 inventory commerce, and shook issues up once more with inventory buying and selling for as little as one cent per share.
Nevertheless, the corporate’s innovation isn’t simply its pricing. On high of $0 commissions, Questrade has an unmatched suite of choices, akin to:
- Being the primary Canadian dealer to supply the First Residence Financial savings Account (FHSA), serving to clients save for a house quicker
- Award-winning buyer service³
- Edge platforms for superior merchants, obtainable on cell, internet, and desktop
- Advanced order varieties, akin to multi-leg choices
- Seamless integration with 30+ platforms, together with TradingView and Passiv
- Decrease charges for higher returns with Questwealth Portfolios⁴
- Free U.S. greenback (USD) accounts
Prime Tales
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“We’re obsessive about serving to our clients construct a greater monetary future – that’s our mission,” stated Kholodenko.
Awards and Recognition
About Questrade
Questrade, Inc. (“Questrade”) is altering the Canadian monetary providers {industry} by leveraging expertise to decrease charges whereas offering a viable different to conventional monetary funding choices, thereby permitting Canadians to Preserve Extra of their Cash. As a frontrunner and innovator in monetary providers, Questrade is a trusted ally that advocates for customers, targeted on bettering worth. With 25 years of difficult the established order as one in all Canada’s main, non-bank on-line brokerages and over $50 billion in property below administration, Questrade and its associates present monetary services, together with securities and overseas foreign money investments. For extra info, go to www.questrade.com or on Fb and X (previously Twitter) @Questrade. Questrade, Inc. is a registered funding seller, a member of the Canadian Funding Regulatory Group (CIRO), and a member of the Canadian Investor Safety Fund (CIPF). Questrade is a completely owned subsidiary of Questrade Monetary Group Inc.
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²For choices trades positioned on-line by way of the Questrade, Inc. web site or cell apps, the bottom fee has been lowered to 0.99¢ per contract. The per contract charge for on-line choices buying and selling is additional lowered to 0.75¢ if subscribed to an energetic dealer plan.
³In 2025, Questrade was awarded the DALBAR Seal of Service Excellence for the seventh consecutive 12 months. The popularity is given to companies throughout the monetary providers {industry} that exhibit standout customer support and an distinctive customary of care, together with phone interactions and repair supply.
⁴Questrade.com/questwealth-portfolios
Media Contact
For extra info, contact Susan Willemsen at The Siren Group Inc. Tel: 416-461-1567 or M: 416-402-4880, or electronic mail: susan@thesirengroup.com.
A photograph accompanying this announcement is obtainable at https://www.globenewswire.com/NewsRoom/AttachmentNg/6df3f9c6-5c49-4b13-b3c7-48bef6f963de
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