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DON’T Use Questrade Until You Know This… 

New Money Nate
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questrade.sjv.io/c/2558803/14...
If you want to check out Questrade, use the link above as it helps the channel! :)
Questrade is a great platform, but like anything - Questrade isn't perfect. I do not think you should use Questrade until you know these answers to some of the questions around Questrade I asked in the video - but if you do know, they go right ahead!
Questrade is one of the best platforms but a great alternative is Wealthsimple trade which you can check out here!
wealthsimple.sjv.io/ZoPQz
The links above are affiliate links which Nathan Kennedy / New Money Nate Inc may earn an affiliate commission or referral bonus upon you signing up or visiting the site. This does not cost you anything at all and helps fund the channel to make more videos for you!
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30 окт 2022

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Комментарии : 79   
@bunbee2023
@bunbee2023 Месяц назад
If you switch from a big bank, how do you set up automatic deposits into your Questrade account(s)? Thanks!
@Chester-lw5ov
@Chester-lw5ov 9 месяцев назад
Have Questrade account and money on the US side. Is there a money market type asset to hold money in that pays a reasonable rate of interest (similar to CDN GIC's).
@martycurtis7090
@martycurtis7090 4 месяца назад
My wife and I are going to retire soonish, by which I mean sell off our businesses. This means no more business income (we've always taken dividends). We have plenty of cash right now, will have plenty more when we sell the businesses, and even more when we get inheritances. We have $400K(ish) with an investment firm now that is invested in dividend paying stocks and fixed income products, but the fees are pretty high, so I am exploring options. One thing I don't understand, and need to know, is if I move all my noney into QT and invest in ETF's, mutual funds, high quality stocks etc (a mix of dividend/interest paying) where/how do I get the dividend/interest payments that I want to live on? Is there a separate account type within QT that I have to open up?
@ShaneCrazy
@ShaneCrazy Год назад
Hey great vid! do you have to put in a min of 1000 to open a TFSA account on questrade or is that only for other accounts? and would you recommend it for day trading? thanks!
@newmoneynate
@newmoneynate Год назад
Hey bro! You do have to with the TFSA. Generally, the CRA says to stay away from day trading within a TFSA - but if you’re using a standard brokerage account, I believe Questrade trading options are pretty solid!
@edwinparathundathil6742
@edwinparathundathil6742 Год назад
nope the minimum is 250 on a tfsa on questrade
@xtasktaste0
@xtasktaste0 9 месяцев назад
What about the ECN fees? Questrade pass on the ECN fees to the users which could add up to a lot.
@rnrsafari2533
@rnrsafari2533 Год назад
is it $10 + $1 per contract for options just to buy or to sell as well? Thank you for all the great videos i am a new sub for sure
@newmoneynate
@newmoneynate Год назад
Thank you so much my friend - I would assume it’s on both ends but I’m not too sure as I haven’t traded options in the platform myself. Interactive Brokers may have more competitive fees for such things!
@StarrDust0
@StarrDust0 Год назад
Thanks, learned a couple of new things about QT.... I have an acct with them already...but I should've gone with IB, as I'm a trader. Anyways maybe in the future.
@jmj48
@jmj48 Год назад
Lacking the agility for Options trading compared to Think or Swim
@ExploringAlpha
@ExploringAlpha 9 месяцев назад
Wish Interactive brokers had an FHSA...
@thinkpassiv
@thinkpassiv 2 месяца назад
Great review and comparison!
@Johnefinance
@Johnefinance Год назад
Looks like Canada needs to improve their power grid 😂 Great breakdown as always Nate!
@newmoneynate
@newmoneynate Год назад
Lol thank you bro!!
@kyledaniell6215
@kyledaniell6215 Год назад
Does Questrade offer a basic non-registered cash account? I don't see it on their website.
@Veronica-tk9rl
@Veronica-tk9rl Год назад
I might be wrong but I believe that is the margin account
@Epicknuckle1
@Epicknuckle1 Год назад
It is the Margin account, it offers the option for you to borrow from Questrade if you want.
@FacebookQueen
@FacebookQueen Год назад
I’m interested in their First time buyers savings account. I’m new to investing but I’m eager to get started. I got an email from them and wanted to see what they are all about. Glad to hear this positivity. Great video 🙂
@preettkang
@preettkang 10 месяцев назад
@charlotteelizabeth6830bro don’t leave market just invest small amount and learn more
@kbs7340
@kbs7340 Год назад
Great vid. Thx 💖👍
@newmoneynate
@newmoneynate Год назад
Thank you!!
@alanv3185
@alanv3185 8 месяцев назад
Is IBKR Das Trader better than Questrade's Edge for day trading?
@click2invest01
@click2invest01 4 месяца назад
Off course. Ibkr in my opion is the best for active traders
@GoodAdviceAlways
@GoodAdviceAlways 11 месяцев назад
10.95 usd to open a trade & 10.95 usd to close a trade That exorbitantly high commission fees😮, Not worth for small options trader, stay away
@ChrisCaledon
@ChrisCaledon 5 месяцев назад
I heard the word FREE several times but, really only understood it was free to buy ETFs. Everything else costs you minimum of $5K, like Bonds/GICs... I've invested $8K and now have less in the account.
@Pmz604
@Pmz604 Год назад
questrade is missleading, if your an active trader regardless if you have a small or large account.. if your trading frequency is shown that you trade regularly such as daily. Their system will view you as a professionl trader and your fees will be much greater... and that greater fee is not marketed on their website.
@vxce
@vxce 6 месяцев назад
My tfsa suddenly vanished do you know what could be the cause of that ?
@uncovidvaxxforthestrongand3582
@uncovidvaxxforthestrongand3582 4 месяца назад
uh oh. what did happen?
@bunbee2023
@bunbee2023 Месяц назад
I think it was stolen! 😂
@Lilxblue
@Lilxblue 6 месяцев назад
You got me to subscribe and like :)
@mr_gamer5149
@mr_gamer5149 3 месяца назад
i just wanna invest in s&p 500, which should i use?
@shawno03
@shawno03 Месяц назад
same bro idk yet
@edsonarantes7500
@edsonarantes7500 4 месяца назад
My last trade was a bit of disappointment as my trailing stop didn't trigger and I lost 5 grand.!
@darnelljohn7077
@darnelljohn7077 Год назад
Thanks nate! Got what i came for
@newmoneynate
@newmoneynate Год назад
It’s my pleasure!!
@_IAmNameless
@_IAmNameless Месяц назад
“Usually isn’t a good idea..” ..because I’ve got no idea.
@semvlasveld8799
@semvlasveld8799 Год назад
Is it true that Questrade is not for europeans?
@newmoneynate
@newmoneynate Год назад
Yes I believe they just operate in Canada!
@ElazarEhrentreu-zc2hz
@ElazarEhrentreu-zc2hz Год назад
You can open a Questrade margin account as an international resident. But you'd need a lawyer to sign off to confirm your photo ID unless you have a recent Canadian bank statement
@ampoo86
@ampoo86 10 месяцев назад
Questrade Brokers Removed the AMC Buy Button after the R-Split ..........
@wooorkkk4138
@wooorkkk4138 4 месяца назад
0:42 // 1:15 Questrade pricing. Thank you
@marsthablockparent706
@marsthablockparent706 9 месяцев назад
Good video I like quest trade
@TheDjgenius
@TheDjgenius Год назад
DOES questrade offer crypto?
@newmoneynate
@newmoneynate Год назад
No they don’t!
@TheDjgenius
@TheDjgenius Год назад
@@newmoneynate Thx...Being that you're in Canada and I am in Toronto let me watch a few more of ur vids..So I can avoid the rat race and build wealth.
@newmoneynate
@newmoneynate Год назад
@@TheDjgenius Good luck! Please let me know if you have any questions!
@newmoneynate
@newmoneynate Год назад
@@TheDjgenius let me know if you have any questions!!
@TheDjgenius
@TheDjgenius Год назад
@@newmoneynate Honestly Nate i am just trying to find another side hustle to keep my head above water in Canada..Any suggestions?..
@sarabjitsingh1101
@sarabjitsingh1101 Месяц назад
Looks great from top but as soon as you start using it, you will realise it is misleading. I’m moving to Qtrade for investing.
@emanuele20x
@emanuele20x Год назад
Liked and subbed
@cameronvincent
@cameronvincent Год назад
Do you use questrade too
@emanuele20x
@emanuele20x Год назад
@@cameronvincent yup! You?
@cameronvincent
@cameronvincent Год назад
@@emanuele20x just switched to it last week! i added 2.5k to my account waiting to transfer all my stocks over from wealth simple
@newmoneynate
@newmoneynate Год назад
Thank you man!!
@newmoneynate
@newmoneynate Год назад
Hope you enjoy my friend!!
@trinaturcotte6202
@trinaturcotte6202 6 месяцев назад
Interesting, but talks way too fast for newbies
@ChrisCaledon
@ChrisCaledon 5 месяцев назад
just replay it; i think you can slow the video down too, on your end with the settings in the video (bottom right corner, i think).
@cohenwhittaker1902
@cohenwhittaker1902 6 месяцев назад
Bruh this video is sponsored by quest trade what kind of tactic is this lol
@T1kr3b3u
@T1kr3b3u Месяц назад
$1000 is a nothing burger, if you don't have at least $1000 you pretty much broke ass poor person :p
@user-dh5vx8ob7y
@user-dh5vx8ob7y 11 месяцев назад
everyone but me must learn this is cringe
@punji1977
@punji1977 Год назад
Such a bait-and-click video.
@mathaesmi7531
@mathaesmi7531 Год назад
The problem with wealthsimple is that they don't offer forex
@newmoneynate
@newmoneynate Год назад
What do you mean?
@Epicknuckle1
@Epicknuckle1 Год назад
Questrade offers fx trading
@emanuele20x
@emanuele20x Год назад
Hey! I use questrade. I found you through search. I just wanted to make sure that the platform is legit and won’t pull a FTX on me
@newmoneynate
@newmoneynate Год назад
Questrade has been around for decades and is a heavily regulated platform! It’s held to the same standards as any brokerage with the banks
@emanuele20x
@emanuele20x Год назад
@@newmoneynate thanks!
@etingin
@etingin Год назад
Just wish wealthsimple offered options trading ;(
@newmoneynate
@newmoneynate Год назад
Do you trade a lot of options?
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