Balances and positions

Your real-time balances can be found on the Positions tab at the bottom of your screen when you launch Edge Mobile.

These pages contain useful information about your investments (known as positions) and your cash balances (shown in both CAD and USD).

If you have more than one Questrade account, you can also see your balances combined, or broken down in detail per account.

Check out the short video overview below, or continue reading for more in-depth information.

Note: Securities shown are for illustrative, educational, and visual purposes only, and should not be relied upon as financial advice. The information provided is not intended to be and should not be construed as a recommendation, offer, or solicitation to buy or sell.

1. Swipe left or right on the positions page to navigate between accounts, or tap the menu at the top of the page to easily switch to a specific account.
2. Choose which currency your balances are shown in, toggle between Combined in CAD or Combined in USD.
3. Tap the See all balances button on the top right to view more detailed information about your balances.
4. At the top right, you’ll see your Total equity (cash + investments) balance.

When you select any of the positions in your list, this will automatically open the compact quote information drawer at the bottom of your screen.

1.  Tap the magnifying glass or search bar to look for other tickers.

1. Tap on any of the column headers like Symbol or Avg Price to organize your positions ascending or descending according to that specific column.
2. When you tap the grid button above your positions, or enter full screen, you’ll see a rich, detailed view of your positions in columns and rows.

If you’re interested in viewing more information such as dividends, P/E, EPS and much more, you can enable additional data columns using the menu button with 3 dots.

On the Edit columns window, you’re able to add additional data points to your positions page, and re-order your columns however you’d like.

1. Hide columns you don’t need.
2. Drag and drop displayed columns to whatever order you’d like.
3. Add columns of additional information to your positions page.

The detailed balances page contains a wealth of useful information about all the different balances for your account(s). To get to your detailed balances, simply tap See all balances from the main positions page.

1. At the top of the page, you can switch between viewing individual accounts, or your combined balances across all accounts.
   • You can also swipe left or right to quickly switch account views.
2. Choose which currency your balances are shown in, toggle between Combined in CAD or Combined in USD.
3. Below, you’ll see your Total equity (cash + investments), Today’s P&L (since market open), and your Open P&L (unrealized gains/losses).

One of the keys to account and portfolio management is understanding your account balances.

Because Questrade allows you to invest in CAD and USD simultaneously, this can be a little confusing the first time you’re looking at some of these figures.

Before we jump into some explanations, it’s important to understand the differences between trading with a registered account (TFSA, RRSP, etc.) and a non-registered Margin account.

Below the chart on this page, you’ll see your account’s CAD, USD, Combined in CAD, and Combined in USD balances.

1. Swap between your Current (live) balances, or your Start of day balances.
2. Display your currencies Separately, or Combined.
   • Remember: Interest charges are based on separate individual currencies if borrowing funds to invest. 
   • In the screenshot below, since the USD cash is negative, daily interest would apply.

Right below your total equity, cash and market value, you’ll see an area that is especially important for Margin accounts. This is because with a Margin account, you’re able to borrow (leverage) funds to invest with more cash than you have available.

Generally, the most you can leverage your equity is 70% due to the 30% Margin requirement on securities you hold on your account.

This area on your detailed balances page shows your invested capital (money) over time.

You can also tap the green Add funds button to launch a shortcut to make a deposit to your account(s).

At the bottom of your detailed balance page, you’ll see your account’s profit and loss figures.

1. Day P&L shows your total daily gains or losses in CAD, USD and percentage amounts. This will be calculated since market open at 9:30am ET.
2. Open P&L shows your total unrealized gains or losses in CAD and USD. 
   • Unrealized means you haven’t sold (or covered) your investment yet, and that the price will fluctuate.

Note: The information in this blog is for educational purposes only and should not be used or construed as financial or investment advice by any individual. Information obtained from third parties is believed to be reliable, but no representations or warranty, expressed or implied, is made by Questrade, Inc., its affiliates or any other person to its accuracy.