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Questrade app Review 2024

Your expert
Adam N.
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Updated
19h ago
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Questrade app

As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.

In this article we'll check whether Questrade's mobile app ticks all the boxes.

Overall, we rate the user-friendliness of the app as better than average.

Questrade mobile app vs. similar brokers
Mobile app rating (5 is the best)
4.8 stars 3.3 stars 1.2 stars
User-friendliness
Great Mid-range Poor
2-step authentication
Yes Yes No
Biometric authentication
Yes Yes Yes

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We're going to take a closer look at search functions, price alerts and order types, so all the little details that determine whether a trading app is user-friendly or downright cumbersome. If you want to read our full review, including fees, deposit options and other platforms (like web and desktop) then skip to the Questrade review.

Questrade app

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Overall score
4.5/5
Minimum deposit
$1,000
Stock fee
Low
FX fee
Low
Inactivity fee
no
Account opening
1 day
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Our main checklist for the Questrade app

Let's start with the search functions. Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?

Questrade could improve in this area, but it might be OK for general use.

Questrade checklist
Search functions
Mid-range Great Mid-range
2-step authentication
Yes Yes No
Biometric authentication
Yes Yes Yes
Price alerts in the app
Yes No No
Confirmation after successful trade
Yes Yes Yes

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Checklist for nice-to-have features

For some people it might be a deal-breaker if you can't set up a trailing stop limit - we totally get that. Others couldn't care less and also don't get excited if the app is available in 25 languages. Anyway, here is our checklist of minor, nice-to-have features:

Questrade has these order types available in its app: Market, Limit, Stop-loss, Stop-limit, Trailing stop, Trailing stop-limit, Limit on open order, Limit on close order.

At Questrade you can use the following order terms & expiry in the app: Good ‘till date (GTD), Good ‘till canceled (GTC), Day, Good ‘till extended market (GTEM), Fill or kill (FOK), Immediate or cancel (IOC).

The Questrade mobile app currently supports the following languages: English.

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The BC Award-winning brokers

Still unsure about your broker selection? Click here to see which free stock trading apps are the best.

Or you could take a peek at the best trading platform awards we gave to brokers serving European clients.

If you're not in the US or the EU you'll find this award the most interesting.

Let us know what you think in the comments section.

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Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

author
Adam Nasli
Author of this article
I bring extensive financial expertise as one of BrokerChooser's earliest team members. Personally, I tested nearly all 100+ brokers on our site, opening real-money accounts, executing trades, assessing customer services, and providing firsthand assessment. My professional background includes roles in the banking sector and a degree from Central European University, where I teach finance. My passions lies in in-depth research of the financial industry, building trading algorithms, and managing long-term investments.
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