Questrade Financial Group
Questrade Inc. is a Canadian online brokerage firm founded in 1999 by Edward Kholodenko, offering a range of investment products and services aimed at helping Canadians achieve financial independence. It is Canada's largest discount broker and provides platforms for self-directed investing and managed portfolios.
Company facts
- Founded
- 1999
- Headquarters
- Canada
- CEO
- Edward Kholodenko
About
Questrade Inc. is a Canadian financial services firm that has been operating since 1999. Founded by Edward Kholodenko, who also serves as the President and CEO, the company's mission is to assist Canadians in achieving financial independence by providing them with leading investment tools and resources. Questrade has established itself as Canada's largest discount broker and a significant player in the country's financial services industry. The company is a registered investment dealer, a member of the Canadian Investment Regulatory Organization (CIRO), and a member of the Canadian Investor Protection Fund (CIPF). Questrade Financial Group Inc. is the parent company of Questrade, Inc. and Questrade Wealth Management Inc. Questrade offers a diverse range of financial products and services tailored to meet the evolving needs of investors. These include self-directed investing, allowing clients to manage their own portfolios by trading stocks, ETFs, options, and other securities. For those who prefer a hands-off approach, Questwealth Portfolios provide professionally managed, low-cost investment portfolios. The company also facilitates Forex and CFD trading, precious metals trading, and provides access to various account types such as Tax-Free Savings Accounts (TFSAs) and Registered Retirement Savings Plans (RRSPs), often with no annual account fees. Questrade is recognized for leveraging technology to lower fees and provide a viable alternative to traditional financial investment options, thereby enabling Canadians to 'Keep More of their Money'. The firm has consistently expanded its offerings, including being the first Canadian broker to offer the First Home Savings Account (FHSA). With a commitment to customer service and innovation, Questrade has garnered numerous accolades, including being named one of Canada's Best Managed Companies for over a decade and one of Greater Toronto's Top Employers. The company reports having over $50 billion in assets under administration.