Lesson Questrade Trading

FAQs

Learn the FAQs (frequently asked questions) to discover more information about complex orders, buying assets and more.

How do I purchase GICs or Bonds?

You can easily Buy Bonds & GICs directly from the Questrade Trading platform with the steps below:

Fixed-Income
  • Log in to Questrade on a web browser.
  • You can access the fixed income trading platform through the search bar at the top of your account by looking up a bond or GIC directly or selecting Fixed income products from the drop-down menu in the Symbol lookup bar.
  • Select Bonds at the top of the page to see a table of all currently available bonds.
  • Then select Buy next to the investment you are interested in. The purchase request and order confirmation will be shown.

The minimum order for purchasing bonds is $5,000. Bonds can be purchased from 9am - 3:30pm ET. (Excluding weekends/holidays).

How do I buy Mutual funds on Questrade?

Mutual funds can be purchased via the mutual fund centre in Questrade.

  • Log in to your Questrade account and add Questrade Edge Web.
  • Head over to either the Trade (on the top right of the platform) or Questrade Edge under the Accounts menu.
  • Select Mutual Funds on the top navigation bar of the trading page to head over to the Mutual fund centre page, where you can select Buy/Sell.
  • Choose the funds you wish to purchase and click Buy Now.

How do I buy IPOs on Questrade?

Initial Public Offerings (IPOs) can be purchased online through the Questrade IPO Centre.

  • Head to the IPO Centre and choose from the available IPOs and new issues.
  • When you see an IPO you wish to buy, click the green BUY button on the far right of the panel.
  • After that, you’ll be prompted to log in, and once logged in, confirm the order details.

Alternatively, you can call our trade desk at 1.866.980.9590 to place an order.

How do I buy Precious metals on Questrade?

  • To buy precious metals like gold and silver, please contact Questrade’s trade desk at 1.866.980.9590.
  • If you were referred to Questrade from a precious metals dealer, contact your dealer directly to trade.

Can I practice using more complex orders and durations using Questrade Edge Web before I add it to my platform?

Yes, you can certainly practice with Questrade Edge Web before you add it to your platform. Simply sign up for a free 90 days practice account to learn more about trading and tools on our platform.

Can I see more detailed information on my accounts (including asset allocation, balances, etc)?

If you want more detailed information on your accounts, simply select Accounts in the menu, then select the Reports tab.
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Here you will find:

  • Investment Summary: A snapshot view of your investments, showing the total value, allocation, and any changes in value over a specific period.
  • Investment Return: A detailed breakdown of the profit or loss generated from your investments.
  • Account Activity: A chronological log of all transactions and actions taken within the account, including deposits, withdrawals, trades, and other relevant activities.
  • Statements: Monthly or quarterly reports that provide an overview of your account.
  • Trade Confirmations: Documentation provided post-trade, confirming the transaction details.
  • Tax Slips: Tax documents outlining contributions, income and deductions from your account(s).

How do I find more information about a specific stock or ETF on the platform?

To find more information about a specific stock or ETF:

  • Log in to Questrade on a web browser and select Trading at the top navigation bar of your Questrade account.
Questrade Trading Symbol Lookup Bar
  • Select the Symbol lookup bar at the top of your screen. The drawer will expand so you can search for the Stock or ETF you’re looking for.
  • Enter the ticker symbol, or search by the company or ETF name.
  • After you’ve found the security you’re looking for, simply tap on it to open the full detailed quote.

The quotes page provides clear information on the specific security you're interested in, allowing you to concentrate on trading the securities you want.

Questrade Trading Stock Quote Page

Discover information about the stock/ETF, such as the security’s ticker symbol, historical price chart, the last traded price, P&L and much more.

We've also integrated research tools powered by TipRanks into your trading platform at no extra cost. TipRanks offers a range of features that provide detailed information about stocks and ETFs, including:

QT TiprRanks Analysis 3
  • News Analysis: Categorizes news articles into "bullish" and "bearish" sentiments, giving you insights into current investor sentiment towards specific stocks.
  • Smart Score: Helps evaluate stock performance using analyst ratings and news sentiment.
  • Analyst Ratings: Provides a quick cheat sheet to gauge market sentiment for specific stocks, showing a stock’s target price and recommendation (buy, hold, or sell).

You can see more information about a stock or ETF on our research pages by adding Questrade Edge Web to your platform. Once added, head over to either the Trade button (on the top right of the platform) or Questrade Edge under the Accounts menu.

Note: The information in this blog is for information purposes only and should not be used or construed as financial, investment, or tax advice by any individual. Information obtained from third parties is believed to be reliable, but no representations or warranty, expressed or implied is made by Questrade, Inc., its affiliates or any other person to its accuracy.

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