You understand that you are responsible for monitoring the available capital in your account and that you must comply with all margin requirements and calls, regardless of whether or not you are notified by Questrade that a trade you are considering entering into may create a margin call. Because of the use of margin, your losses could exceed the amount invested by you. You may sustain a total loss of the initial margin funds and any additional funds you may be required to deposit to maintain a position which is moving against you. If you do not provide the required additional funds within the time required, your position may be liquidated at a loss, and you will be liable for any deficit in your account. Questrade has made no representations to you as to expected return on your investment. You understand that Questrade does not monitor account profit and loss.
Using borrowed money to finance the purchase of securities involves greater risk than using cash resources only. If you borrow money to purchase securities, your responsibility to repay the loan and pay interest as required by its terms remains the same even if the value of the securities purchased declines.
We may disclose or report personal and trading information of any Account holder who has been referred to Questrade as part of Questrade's Affiliate Program. Information that may be disclosed includes (1) when you opened an account with Questrade and (2) the number of trades or transactions made in your account while you are a client of Questrade. For more information on Questrade's Affiliate Program, please visit our affiliate page.
If you become a client as a result of being referred to Questrade through a third party you should be aware that Questrade may have paid the third party a referral fee. Please visit our refer a friend page for details of referral fees paid through Questrade's Refer a Friend program and our affiliate page for details of referral fees paid through Questrade's affiliate program.
As an IIROC dealer member, Questrade has a Best Execution obligation for all client orders—meaning, obtaining the best possible execution terms given the particular situation. But beyond this legal obligation, because we care deeply about your financial success we want to provide you with the best possible execution every time you place an order with us. For a full explanation, read the Best Execution Disclosure.
You have recently opened an account with our firm. We agree that the laws of Ontario govern any matter that may arise between us. We confirm that by opening an account for you, we do not agree to submit and attorn to any other provincial jurisdiction with respect to any disputes which may arise out of our actions or conduct in relation to your account(s) notwithstanding any provision to the contrary in any contract, agreement or document executed by you at the time your account is opened or at any time thereafter. You must attorn to Ontario’s jurisdiction if you are a resident of any other province or territory outside of Ontario.
Our address for service in each province is as follows:
Burnet, Duckworth & Palmer LLP
2400 525-8th Avenue S.W.
Calgary, Alberta T2P 1G1
MacPherson Leslie & Tyerman LLP
Suite 1800 - 355 Burrard Street
Vancouver, British Columbia V6C 2G8
Thompson Dorfman Sweatman LLP
2200-201 Portage Avenue
Winnipeg, Manitoba R3B 3L3
Cox & Palmer
Suite 1500 Brunswick Square, 1 Germain Street
Saint John, New Brunswick E2L 4V1
Cox & Palmer
Scotia Centre, Suite 1000
235 Water Street
St.Johns, Newfoundland A1C 1B6
DLA Piper (Canada) LLP
5201 - 50th Avenue
Suite 802 Northwest Tower
Yellowknife, Northwest Territories X1A 3S9
McInnes Cooper Lawyers/Avocats
1300 – 1969 Upper Water Street
Purdy's Wharf Tower II
Halifax, Nova Scotia B3J 2V1
601 - 4920 52 ST.
Yellowknife, Northwest Territories X1A 3T1
North American Centre
5650 Yonge Street, Suite 1700
Toronto, Ontario M2M 4G3
Prince Edward Island:
Cox & Palmer
97 Queen Street, Suite 600
Charlottetown, Prince Edward Island C1A 4A9
Lapointe Rosenstein Marchand Melancon, L.L.P.
1 Place Ville Marie
Montreal, Quebec H3B 0E6
Robertson Stromberg LLP
600, 105-21st Street East
Saskatoon, Saskatchewan S7K 0B3
Lamarche & Lang
505 Lambert Street
Whitehorse, Yukon Y1A 1Z8