Questrade vs. thinkorswim

It helps me in managing my Canadian portfolio which includes stock-specific investments and ETFs as well. They charge no commission or very little commission on some specific trade.

I think this site does a great job in providing the information that any day trader, market timer, or long-term investor. I think that it is useful to all types of people who would take the time to understand it. Now it could be extremely overwhelming to a novice or someone who has difficulty understanding ding financial concepts, but to those that are willing it's a great platform.

Incentivized

• Tracking investments
• Alerts
• P & L

Incentivized

• Day Trading
• Swing Trading
• Long term Investment

Incentivized

• They can reduce the pricing a bit.
• They Should expand their reach to other geographies as well.
• For Bond Market minimum cap is on the higher side, can be reduced.

• Offering more streaming platforms, like bloomberg for example or Fox Business.

Incentivized

I have used WealthSimple before, and I can say that Questrade is just a bit more intuitive for me. It's catered for beginners, but also has additional features for those who are a bit more advanced. Questrade is a flexible platform that allows you to create and track various types of portfolios, create and track various types of strategies, etc. By far the superior choice in my opinion.

Incentivized

I have personally used Charles Schwab mobile app and online page for about 3 years and have been thoroughly satisfied. Before TD Ameritrade and Charles Schwab merged, I had used thinkorswim for the 60-day paper money trial before using my real money on investments. I confidently believe the time I've spent on thinkorswim has helped me mitigate any big losses in my investments. As for robinhood, the mobile app is a lot better for beginners to understand and the UI can be described as more aesthetically pleasing. thinkorswim triumphs in many other aspects [as well] such as being backed up by TD Ameritrade and Charles Schwab and the plethora of knowledge [a user can access].

Incentivized

• In my experience, Questrade has delayed me for months! I feel it's a waste of time
• I don't know how they deserve such high ratings, maybe they buy marketing and reviewers. In my opinion, don't buy into their sales pitch!!!

• No negative impacts so far, the use of paper money through thinkorswim helps lower risk of negative results.
• A positive impact is the use of thinkorswim through the web, desktop, or mobile device.
• To reiterate from before, thinkorswim is invaluable help to a business or person learn about the stock market without any risk of losing and be confident about their skills prior to using real money.

Incentivized