SOURCE: Questrade Inc.

Questrade Inc.

August 28, 2017 09:30 ET

Questrade named a top pick in four Best of categories in Best Online Brokerages 2017 by MoneySense

Fastest growing online brokerage awarded Honorable Mention as Best Overall

TORONTO, ON--(Marketwired - August 28, 2017) - Questrade (www.questrade.com) -- Canada's leading non-bank and fastest-growing online brokerage -- is proud to announce it has been named a top pick in four categories in Canada's Best Online Brokerages 2017, the ranking of online brokerages published last month by MoneySense. Questrade was named a "Top Pick" in four categories -- Getting Started, User Experience, Fees & Commissions and Best for ETFs, and was awarded an Honorable Mention in the Best Overall category of Top Brokerage.

A brokerage deserving of high praise overall

In the review, Questrade is the "Top Pick" in the first category of Getting Started, citing first impressions setting the tone for the important ongoing client-brokerage relationship, and highlighting Questrade's fully digitized process, recently launched app, Questrade Mobile, its fully responsive website, and the ability it offers to execute trades on the go. In the second category of User Experience, Questrade is again Top Pick, cited as a "particular standout" by MoneySense for top marks in client protection, intuitive navigation, great mobile experience, security, and its "praiseworthy" ease of placing bond orders. In the third category of Fees & Commissions, Questrade ties for Top Pick, highlighting the 1-cent per share trading commission. In the newest category of Best for ETFs, Questrade ties for Top Pick, cited as a "safe bet" offering the ability to buy any Canadian or US listed ETF, commission free.

Editors at MoneySense commented, "Questrade... deserves high praise overall. While it may not score top five in every category we look at, it performs well in user experience as well as the all-important fees and commissions area." Added Glen LaCoste, president, Surviscor, the firm who partnered with MoneySense for the fifth consecutive year to rank the financial services providers, "What's impressive is just how deep they go to help traders get exactly what they want."

"We are extremely proud of our showing in this year's MoneySense review," stated Edward Kholodenko, president & CEO, Questrade. "In this competitive market, it's gratifying to be recognized in many key categories for our various offerings, and we're very proud to be recognized with an honourable mention as top online brokerage in Canada." He continued, "Ever since our founding in 1999, Questrade has had one clear vision: to help Canadians achieve financial independence by providing them with the best investment products, technology, and client services. We will continue to improve and develop our financial services as we work hard to make a positive difference in the lives of Canadians."

The recognition by MoneySense extends an impressive streak of industry accolades for Questrade including its recent naming for the sixth year as one of "Canada's Best Managed Companies" with Gold Winner distinction, honouring Canadian companies that have implemented world-class business practices and created value in innovative ways.

About Canada's Best Online Brokerages 2017

For the past five years, MoneySense has evaluated and ranked Canada's top independent and bank-owned brokerages based on data collected by Surviscor, a research analysis and business intelligence firm. The most recent assessment is based on reviews and data collected earlier this year. The 2017 MoneySense Best Online Brokerage Review is available online at http://www.moneysense.ca/save/investing/canadas-best-online-brokerages-2017.

About Questrade

Questrade (www.questrade.com) is Canada's fastest growing online brokerage that is changing the Canadian financial services industry by leveraging technology to lower fees, and providing a viable alternative to traditional financial investment options, thereby allowing Canadians to "Keep More of their Money." As a leader and innovator in financial services, Questrade is a trusted ally that advocates for consumers, focused on improving value. With 17 years of challenging status quo as Canada's leading, non-bank online brokerage, over $5 billion in assets and more than 30,000 accounts opened every year, Questrade and its companies provide financial products and services: securities, foreign currency investment, and online wealth management. Questrade has recently been named one of Canada's Best Managed Companies for the sixth year in a row. For more information visit www.questrade.com, or follow on Facebook and Twitter @Questrade.

Questrade Wealth Management Inc. (QWM) and Questrade, Inc. are wholly owned subsidiaries of Questrade Financial Group Inc. Questrade, Inc. is a registered investment dealer, a member of the Investment Industry Regulatory Organization of Canada (IIROC) and a member of the Canadian Investor Protection Fund (CIPF), the benefits of which are limited to the activities undertaken by Questrade, Inc. QWM is not a member of IIROC or the CIPF. Questrade Wealth Management Inc. is a registered Portfolio Manager, Investment Fund Manager, and Exempt Market Dealer. QWM manages and is the trustee of the Questrade Wealth Management family of exchange traded funds (ETFs), and as such, the ETFs are related or connected issuers of QWM and Questrade, Inc. Portfolio IQ is a service provided by QWM. ©2017 Questrade Financial Group Inc.

For more information, visuals, or to arrange an interview with Questrade president and CEO, Edward Kholodenko, contact Susan Willemsen or Ruth Colapinto at The Siren Group Inc. Tel: 416-461-5270. Email: susan@thesirengroup.com.

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