At the moment, I have an account with questrade in Canada with a value of about $170,000 (mostly USD stocks, with $35,000 of options) and a negative cash balance of $28,500. I think the fees for that would be 150 per account. But I wonder should I transfer it out all at once or do a little bit at a time Because it has to be transferred in cash. For trading stocks, the cost is $.1 per share, with a $.01 min and $6.95 max (Variable plan) or a flat $4.95 per trade (Fixed plan). Overall thoughts and Review of Interactive Brokers; 1) How to Open an Interactive Brokers Account. Questrade International Stocks Fees 1% of the trade value. While several of the other Canadian discount brokerage firms are affiliated with or are a part of a major bank, Interactive Brokers is not bank-owned and is more geared towards active traders than “investors” per se. With these low-cost discount brokerage competitors offering many of the same perks such as no-fee ETFs (if the premium account is purchased), we believe that the considerable fee difference in USD account gives Questrade the decisive edge in the Questrade vs Virtual Brokers matchup. The first obvious reason is that you should only deposit what you can afford. For electronic fund transfers, you select Interactive Brokers from your bank's list of merchants and your bank sends an electronic payment. Questrade’s robust investment and account offerings make it the broker of choice for investors who want a full slate of options available to them. Questrade, Inc. is a registered investment dealer, a member of the Investment Industry Regulatory Organization of Canada (IIROC) and a member of the Canadian Investor Protection Fund (CIPF), the benefits of which are limited to the activities undertaken by Questrade, Inc. QWM is not a member of IIROC or the CIPF. I want to gradually switch over to Interactive Brokers using a couple of partial account transfers. Electronic fund transfers: you may withdraw your funds after three business days. Limitations. I also have a line of credit with a balance of $43,000. Dec 30th, 2015 2:26 pm #1; pepsi_vs_coke [OP] Sr. Both Questrade and Interactive Brokers do offer clients stop losses. So, this method is guaranteed for its safety. Questrade’s Advantage plan is geared towards very active traders which they released in 2013. The Globe and Mail compares and reviews different discount brokerages every year and ranks them. Although arguably not the best system, which is often thought to be MetaTrader 4 (MT4), it still contains all the trading tools, symbols, and charts needed. Interactive Brokers has been consistently rated as a top broker by Barron’s for 6 years in a row. Questrade is the most popular online broker platform in Canada. IQ Edge has more features, such as advanced order types, and enables hotkey functions, charts with more tools, as well as advanced layouts that can be saved. It does cost $0.01/share to sell your ETFs, with a minimum fee of $4.95 per trade to a maximum of $9.95, which you may need to do to rebalance your portfolio. Time to Arrive. This really helps traders who avoid third-party payments or don't have credit cards. Een Stage Op Curcao. Any other financial institution would had made the transfer instantly or the most next day. Questrade’s new mobile app, Questrade Mobile, supports functions for both managed portfolios and self-directed accounts. SCORE. Proper way to transfer stocks from Questrade to Interactive Brokers Canada. Bank Transfer, Electronic wallets (eWallets). Proper way to transfer stocks from Questrade to Interactive Brokers Canada. Questrade’s fees are lower than most other Canadian brokers and banks, and rebates offered on subscription costs means active traders can erase, or … I also have a commission based website and obviously I registered at Interactive Brokers through you. Especially the easy to understand fees table was great! Rank: 3rd . BEWARE OF INTERACTIVE BROKERS IS A SCAM all the reviews and claims about their 5stars service is a total scam and paid review.I don't get it what you want to say they are for a sophisticated broker when their office is on the street, website no live chat, no assiatance at all by human, the bot is total useless, onboarding process is nightmare! Last Updated: Feb 7th, 2018 10:01 pm; Tags: None. Lastly, Virtual Brokers has staked out a solid reputation when it comes to customer service. Interactive Brokers is arguably the most powerful, lowest-cost brokerage in the world when measured fairly on all aspects. Whether you're an active trader, a self-directed investor, or just want a customized portfolio to take care of your investments for you, Questrade has you covered. Do you agree with Interactive Brokers's TrustScore? Clients have access to customer support that’s quick and convenient, through an increasingly popular live, online chat feature. Read the full reviews for even more facts. That means that you can transfer money into your Questrade account and build an ETF portfolio for $0. (We also gave Questrade the edge in our That said, Qtrade is a little bit cheaper for regular traders while Questrade is cheaper for active traders. Member Nov 21, 2008 688 posts 85 upvotes Dec 30th, 2015 2:26 pm. I would say IB’s learning curve is more steep than using something else like Questrade or RBC. That gives you access to a massive range of securities at affordable prices Review of transfer from questrade to interactive brokers Canada! 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