How to start investing with Qtrade investing?
Opening your account on Qtrade is the first step to a successful investment career. Learn how to do it in this article.
Join Qtrade investing: thousand of investment choices in the palm of your hand
Qtrade investing has more than 25 years of experience in the market. Many online brokers claim to be the best, but Qtrade has been considered the #1 investing platform by many authorities in the investment field dozens of times.
It has a “do-it-yourself” kind of platform, where you can work on your investments with autonomy. But you’re not alone in this, as they give you full customer support to help you. This customer support is also highly praised by the investors who use it.
If you have already made the decision to start investing with Qtrade, keep learning to see how you can open your account.
Open account online
As an online broker, the process to open your account is entirely online too. You can go to the Qtrade website and find the “open an account” button.
These are documents and information you’ll need to have in your hands:
- Social Insurance Number
- Investment e-statement
- Net worth
- Your ID (government-issued)
First, create a login with a legal name, email, and password. Then, you will receive a confirmation code in your email. Check your inbox to get it and go back to the website.
This second step must take you no more than 20 minutes. To proceed, there are a few things you’ll have to inform on your investor profile:
- Personal information (address, phone, birth date, etc.)
- Financial background (your annual income, your source of income, net worth, assets, etc.)
- Confirm your identity.
The last step is to e-confirm your application, and you’ll soon get a response if you got approved or not.
You will be redirected to another website
Join using the app
The Qtrade app has amazing features. It is one of the most complete trading platforms on the market. As soon as your account gets approved, you can download the app to log in and start using it.
Qtrade Investing vs. Ally Invest: choose the best for you!
If you’re not quite sure yet that Qtrade Investing is your choice to go. we’ll show you another option. Compare Qtrade and Ally Invest features to see which one suits your needs.
|Qtrade Investing||Ally Invest|
|Trading fees||Swap: $45/security|
One-time sales: $50*
Credit sell out: $20*
Foreign depository settlements: $100*
|$0 for eligible U.S. stocks|
$0,50 per options contract
$9.95 per trade with mutual funds
|Account minimum||No minimum||No minimum|
|Promotion||30 days free trial||Cash bonuses for deposits starting at $10,000|
To have a complete overview of the Ally Invest application process, you can read the following content. It is entirely about it and can help you start your investing career with Ally Invest.
About the author / Julia Bermudez
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