I’ve been a fan of Questrade since moving to Canada, as they are one of the Canadian brokerages that is most US-person friendly. At the same time, I’ve had to give the edge to Wealthsimple, as they offered free trades on stocks and ETFs, whereas Questrade just offered free buys. It doesn’t make a difference in the accumulation phase, but Wealthsimple was the clear winner for decumulation. Thus, this is a welcome change, if not an entirely surprising one.
For more information on the details of Questrade‘s new fee structure, see this FAQ.
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