Questrade introduces instant deposit to allow investors to
TORONTO, June 01, 2021 (GLOBE NEWSWIRE) – Questrade (www.questrade.com) – Canada’s # 1 * Ranked Online Brokerage – is pleased to announce that it is launching Instant deposit – a feature that allows clients to deposit funds into their accounts in real time and start trading. Questrade aims to address traders’ desire for immediate access to funds without having to wait for a transfer processing period, so clients never miss a market opportunity. Questrade offers this important new functionality as part of an exclusive category partnership with Zūm, an all-in-one payment gateway provider.
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As of June 1, current and future customers can deposit up to their daily banking limit to their Questrade accounts via Visa Debit – typically up to $ 3,500 – whenever they want, instantly. Questrade Instant Deposit allows customers to send money securely and transparently in real time with additional security features included to provide the most advanced Visa Debit payment solution on the market. Questrade plans to introduce the transfer through Interac in early summer.
“We are always looking to improve the investment experience for our clients,” said Edward Kholodenko, President and CEO of Questrade. “We are proud to offer this new functionality, which will make it easier for clients to add large funds to their accounts and never miss an opportunity. It’s another way to help our clients achieve their financial goals.
Questrade (www.questrade.com) is the fastest growing online brokerage firm in Canada. It is transforming the Canadian financial services industry by leveraging technology to reduce fees while providing a viable alternative to traditional financial investment options, enabling Keep more of their money. As a leader and innovator in financial services, Questrade is a trusted ally who advocates for consumers, focused on improving value.
With 21 years of challenging the status quo as Canada’s leading non-bank online brokerage, over $ 25 billion in assets under administration and over 200,000 accounts opened each year, Questrade and its companies provide financial products and services: securities and investments in foreign currencies. Questrade has been named one of Canada’s Best Managed Companies for the tenth consecutive year, achieving Platinum status. For more information visit www.questrade.com or on Facebook and Twitter @Questrade. Questrade, Inc. is a registered securities dealer, member of the Investment Industry Regulatory Organization of Canada (IIROC) and member of the Canadian Investor Protection Fund (CIPF).
About Questrade Wealth Management, Inc.
Questrade Wealth Management Inc. (“QWM”) provides professional investment management services through Questwealth Portfolios (www.questrade.com/questwealth-portfolios). QWM is an exempt market dealer, investment fund manager and portfolio manager. QWM is a wholly owned subsidiary of Questrade Financial Group Inc.
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For more information, visuals or to arrange an interview or broadcast segment with Questrade President and CEO Edward Kholodenko or COO Stephen Graham contact Susan Willemsen of The Siren Group Inc . Phone. : 416-461-1567 or M: 416-402 -4880. E-mail: [email protected], www.thesirengroup.com and @thesirengroup.