Updated: Apr 24, 2021
COVID-19 taught us that the world as we know it is never certain and always liable to change, wherefore the necessity to get a grasp on our finances has never been more pressing. Luckily, with the technological advances made in the past decades, online investing has become more and more accessible to the average joe. Historically speaking, one used to have to look at the daily paper and see what stock went up or down overnight to then call their brokers through a fix landline, to then get a call back from their brokers to confirm the transaction went through. During these times, people had a genuine reason to stay away from the stock market as the uncertainty in movement and limited access to information created a blockage for a majority of people.
Luckily, online brokerages have become widely accessible across all investor levels and portfolio sizes, allowing young investors to start a journey of financial freedom. Investing has never been easier, in the click of a few buttons you can enter and leave a trade at any which rate you see fit, all while having access to real-time data.
Questrade offers a user-friendly interface for beginners and has cutting edge advantages which sets them apart from their competitors. Benefits of using Questrade as your online brokerage are listed hereunder;
- Lowest commission fee amongst competitors (4.95-9.95)
- Buy ETF’s for free and only pay commission on the sell
- Allows to hold both CAD and USD in account
- User friendly app supported both on IOS and Android
- Easily generated tax report
- Great customer support
- …. And many more
We strongly recommend visiting Questrade for more information on which type of investing would best fit your needs.
Start your legacy now and your future self will thank you for it, remember it’s either one day or day one, use time to your benefit and watch your investment grow exponentially.