Canadian online brokerage Questrade announces the launch of real-time fractional stock and ETF trading on all of its platforms beginning today.
The addition enables Questrade customers to purchase their portion of hundreds of stocks and ETFs, including those listed on the S&P 500 and Nasdaq 100, as well as those in the top 100 ETFs by assets, commission-free and executed in real-time.
“Canadians deserve the flexibility to trade on their terms without the sticker shock that comes with some stock and ETF share prices,” said Rob Galaski, Chief Journey Officer, Questrade. “While some competitors offer fractional trading in batch orders or with commission fees, Questrade provides customers a new way to diversify their portfolios with real-time, $0 commission trades in increments as low as a dollar, further underscoring our mission of helping Canadians become much more financially successful and secure.”
Whether investing $1, $100, or $1,000, Questrade customers can now target the most traded stocks on the market and not have to factor in some of the elevated per share prices associated with them.
Below are just a handful of the hundreds of stocks available, with many more on the way:
- Apple (AAPL)
- Nvidia (NVDA)
- Microsoft (MSFT)
- Amazon (AMZN)
- Meta Platforms (META)
- Alphabet Class A and C (GOOGL/GOOG)
- Netflix (NFLX)
- Broadcom (AVGO)
- Tesla (TSLA)
- Berkshire Hathaway (BRK.B)
- JPMorgan & Chase Co. (JPM)
“We are excited to be the first Canadian brokerage to marry real-time fractional trading with $0 commissions,” said Hwan Kim, Chief Product Officer, Questrade. “Canadians have the right to know the exact price of the stocks and ETFs they are purchasing – fractional or not – and enjoy the benefit of no commission fees to help maximize returns.”