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Written by: Ádám N. Updated: Dec 2022
Expert verified

Questrade is not scam

The reason: Questrade is considered reliable as it is regulated by the top-tier Canadian regulator, called IIROC.

Is Questrade scam?
Other factors ensuring that Questrade is not a scam

See whether Questrade clients are entitled to investor protection in the event that Questrade goes bankrupt:

Questrade investor protection
Investor protection amount: CAD 1 million

There are other factors you can check to make sure Questrade is not a scam. Having been on the market for a long time or being listed on an exchange are all signs that the broker is reliable. Check these factors below.

🌎 Country of origin Canada
📅 Foundation date 1,999
🏛 Banking background No
📈 Listed on exchange No
🗺️ Broker ownership is transparent Yes
👔 Broker management is transparent Yes
📋 Read more Check out the Questrade review for 2023

Is Questrade scam?
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Author of this article

Ádám Nasli

Author of this article

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo trading, programming and trading.

Ádám Nasli

Analyst Head

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo trading, programming and trading.

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

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