Qtrade Financial Group is an online brokerage company based in Vancouver, Canada. It provides investing services to clients of credit unions and banks across Canada. It claims to have $11.5 billion in assets and partnerships with over 150 Canadian credit unions as well as insurance companies including Sun Life and Great West Life. Like all brokerages and investment dealers, they are members of Investment Industry Regulatory Organization of Canada (IIROC) and as such, the Canadian Investor Protection Fund (CIPF) protects investors should the brokerage become insolvent. Like most brokerages, it also has a collection of commission-free exchange-traded funds. as well as offering GICs and TFSA accounts.
The Globe and Mail ranked it first (out of Canadian online brokerages) in its online broker ratings 2016. Moneysense magazine ranked Qtrade highly in providing market intelligence category, but ranked other brokerages as superior for ease of use, record keeping, and banking integration. Qtrade has been considered a minimal advertiser and quick to innovator, being quick to copy best practices of larger institutions.
Qtrade Financial Group is a member of Desjardins Group, and Qtrade fully owns OceanRock Investments Inc. It has been in operation since 2001 and as of May 2016, William Packham became the current CEO of the company.
Video QTrade financial group
References
Maps QTrade financial group
External links
- Qtrade website
Source of the article : Wikipedia
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