Any time you send us an email, fill out a feedback form, or mention an idea in a Live Help chat, we listen. Then we act. Read on to find out what’s new and what’s coming soon at Questrade.

WIN $1000 WITH REFER A FRIEND

Our popular refer a friend program just got friendlier with a contest to win $1000. Every friend you refer to Questrade who opens and funds an account gets $50 in free trades and a chance to win $1,000. When the friend you refer opens and funds a Questrade account, you get $100 in free trades. PLUS, until August 31, 2010, if the friend you refer wins the $1000 prize – you get a $1000 prize too! Visit our promotions page for details.

REDUCED USD IN RSP COMMISSION FEES

If you currently hold U.S. cash and trade USD securities in your TFSA, RRSP, spousal RRSP, or LIRA, the $5.00 U.S. flat-per-day commission fee payable each day you trade USD securities no longer applies.

LIFs, RIFs, spousal RIFs, and RESPs cannot directly hold U.S. dollars. These accounts will continue to hold USD units with each unit equal to one U.S. dollar. A $5.00 U.S. flat-per-day commission is applied each day you trade USD securities no matter how many trades you make. If you make no USD trades on a particular day no commissions are charged. Go to USD in RSP® to learn more.

QUESTRADERELITE ENHANCEMENTS AND REDUCED FEES

The QuestraderELITE platform has been updated to offer these new features:

  • bracket orders
  • basket orders
  • multiple trade tickets
Starting July 1st, the standard monthly data fee will reduce to $55 from $75, and you can qualify for free standard data when you complete 40 trades per month instead of 60. Read more about QuestraderELITE.

DATA PLANS AND HST

On July 1st, 2010, the British Columbia and Ontario governments will roll out the harmonized sales tax (HST). This new tax combines and replaces the PST (provincial sales tax) and GST (goods and services tax) for those two provinces.

One change that may affect you is how we provide rebates for your platform market data. On July 1st, any data fees you incur, plus GST or HST where applicable, will be charged to your account. We are also introducing a data plan – a tiered rebate system based on your trading activity. With the addition of the new data plan:

  • some data feeds (such as market by price) will be unbundled from packages;
  • prices will be adjusted on packages and individual feeds;
  • depending on how much you trade, you may be eligible for significant rebates.
Learn more about the HST and how it affects you or additional details about our data plans.

TRADE CONFIRMATIONS IN myQUESTRADE

Now you can see your trade confirmations right in myQuestrade. With this new tool you can:

  • create trade confirmation reports filtered by account, date, and even by security symbol
  • view the reports online or export them in PDF and CSV formats
  • review historical reports for stocks, options, mutual funds and fixed income securities.
Login to myQuestrade, go to my accounts and click on the new trade confirmation tab on the left-hand side of the page.

ONLINE TRADING ACADEMY OPENS NEW OFFICE IN VANCOUVER

Online Trading Academy (OTA) has a new location in the greater Vancouver area. For course descriptions or to register, visit the OTA Canada website, send an email to vancouver@tradingacademy.com, or call 604.430.4455.

QUESTRADE IS ON TWITTER!

Stay informed. Follow us on Twitter, Facebook and YouTube to see what we’re doing.