Questrade

Questrade is an online brokerage firm and wealth management firm based in Canada. It is Canada's largest discount broker.[2]

Questrade Financial Group
TypePrivate
FoundedOctober 1, 1999 (1999-10-01)
Headquarters
Toronto, Ontario
,
Canada
Key people
Edward Kholodenko (CEO)[1]
Dean Percy (CFO)
ServicesStockbroker
Electronic trading platform
Robo-advisor
Number of employees
500 (2020)
Websitewww.questrade.com

Products and services

The company was created by Edward Kholodenko with three partners and launched in 1999.[3] As of early 2020, the company was Canada's fastest growing online brokerage firm[4] and has $20 billion under management, as of February 2021.[5] Questrade has expanded to include robo-advising with its Questwealth Portfolios which invests in portfolios based on ETFs.[6] In December 2019, Questrade applied for a banking license signalling its intent to offer banking services.[7]

References
  1. "Edward Kholodenko, Questrade Wealth Management Inc: Profile and Biography - Bloomberg Markets". Bloomberg.com.
  2. Sridhar, Sagar (January 29, 2020). "Questrade Canadian Review (2020)". Personal Finance Freedom.
  3. "Is Questrade the right investment solution for you?". MoneySense. March 5, 2020.
  4. Inc, Questrade (March 5, 2020). "Questrade named one of Canada's Best Managed Companies for ninth consecutive year". GlobeNewswire News Room.
  5. "Who We Are - We're Investors Too". Questrade. 2021-02-05. Retrieved 2021-02-05.
  6. "Questrade's new robo-advisor service showcases rock-bottom fees". MoneySense. November 3, 2018.
  7. "Questrade applies for Canadian banking licence" – via The Globe and Mail.
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