Questrade Democratic Pricing | Best price on every trade

At long last. A stock commission where everyone automatically gets the best price on every trade. No need to sign up or opt in. No minimum investment or activity level required. With Questrade, everyone gets democratic pricing.

Trade small lots? Your trade commission can be as low as $4.95.
Trade large lots? Your maximum commission is $9.95 per trade
Take advantage of the low minimum when you’re trading small lots and a cap on your fees if you trade larger lots.

Trades may be subject to ECN and exchange fees. These fees are levied by the exchanges and electronic communication networks (ECNs) not by Questrade. To ensure you understand any additional fees your trades may be subject to, please visit: http://www.questrade.com/pricing/exchange_ecn_fees.aspx

PROFILE:
Mike calls himself a trader disguised as a dentist. When he graduated from university, he moved to Calgary and opened his own dental practice. He bought a bit of real estate, started a family, and began to trade with Questrade. He has three accounts: one trading, one registered, and one joint, with his eldest son. Mike helped him open his first trading account earlier this year. He’s already up 131%.

PLATFORM:
Mike uses the QuestraderPRO platform because it is fast and flexible.

TRADING STRATEGY:

Mike monitors a few stocks closely during the day, and makes anywhere between 25 and 50 trades a quarter. His record is 47 trades in one day.
Securities related to the oil and gas sector make up about 50% of his holdings.
Last year, when Questrade introduced the Gold RSP, he bought several 5 ounce bars. This year, when Questrade introduced USD in RSP, he started to trade U.S. securities more actively.
Mike really likes quick order entry for fast trade executions (so he can trade between appointments).

because there’s no minimum activity required.

PROFILE:
Raj has been trading casually for about 10 years. He went full—time in 2005 when he became a Questrade client. He lives and works out of his 17th floor condo in Vancouver -- 5 minutes from the 2010 Olympics hockey arena.

PLATFORM:
He trades on QuestraderElite and likes the robust functionality and customizable interface.

TRADING STRATEGY:

The markets open at 6:30 a.m. local time, so Raj begins work at 5 a.m. and will wrap up for the day by 11 a.m.
Raj makes up to 50 + trades a day.
Tracks up to 40 stocks across 8 SPX sectors.
Raj also trades options and forex – and likes the fact he can do it all with one brokerage.

because he never pays more than $9.95 in commission.

PROFILE:
Kate is a grade 12 math teacher in Toronto. She began managing her own Questrade RRSP in 2000 and opened a 2nd account last year. In her RRSP, she tends to buy Canadian securities that can be registered as DRiPs because the dividends are tax-free. She likes ETFs and index funds. One day, she hopes to buy her own cottage.

PLATFORM:
Kate uses our free platform QuestraderWEB because it is straight-forward and intuitive.

TRADING STRATEGY:

Kate makes about 5 trades a quarter. Most of her trades are small, between 100 and 500 shares.
Because she uses QuestraderWEB, Kate can access her trading account anywhere. Even on a chaise longue beside the lake.

because her commissions are only $4.95.