I was about to switch to Questrade due to FrugalTrader's recommendation. I even setup an account with them. Sent in all my paper work and initial $5 cheque.
Upon further reading at:
http://www.ultracrepidate.com/?p=1489
http://tqhh.blogspot.com/2008/02/questrade-sucks.html
http://www.redflagdeals.com/forums/showthread.php?referrerid=32220&t=548705
http://www.canadiancapitalist.com/adieu-to-questrade/
I tried calling them 3 times to ask a few questions why all account are margin and was kept on hold for more than 10 minutes each time. I had to get back to work. I still haven't spoke with anyone at Questrade.
It seems like the only people giving them a good rating are people on their referral program. It's cool. People got to make money somehow.
Needless to say, I am going to stick with my current discount broker and cut my sunk cost at $5.
Upon further reading at:
http://www.ultracrepidate.com/?p=1489
http://tqhh.blogspot.com/2008/02/questrade-sucks.html
http://www.redflagdeals.com/forums/showthread.php?referrerid=32220&t=548705
http://www.canadiancapitalist.com/adieu-to-questrade/
I tried calling them 3 times to ask a few questions why all account are margin and was kept on hold for more than 10 minutes each time. I had to get back to work. I still haven't spoke with anyone at Questrade.
It seems like the only people giving them a good rating are people on their referral program. It's cool. People got to make money somehow.
Needless to say, I am going to stick with my current discount broker and cut my sunk cost at $5.
