Questrade

Last updated
Questrade Financial Group
Company type Private
IndustryFinancial Services
FoundedOctober 1, 1999;25 years ago (1999-10-01)
Headquarters
Toronto, Ontario
,
Canada
Key people
Edward Kholodenko (CEO) [1]
Services Stockbroker
Electronic trading platform
Robo-advisor
Number of employees
2500 (2022)
Website www.questrade.com

Questrade is a Canadian online brokerage firm and wealth management firm. It is Canada's largest discount broker. [2]

Contents

Products and services

The company was created by Edward Kholodenko and launched in 1999. [3] As of early 2020, the company was Canada's fastest growing online brokerage firm, [4] and has $30 billion under management, as of December 2024. [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. ↑ "Questrade named one of Canada's Best Managed Companies for ninth consecutive year". GlobeNewsWire. March 5, 2020.
  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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