Questrade Market Data Agreements
However, if you are an active trader who needs a thorough examination of the markets, you have come to the right place. You can subscribe to additional Tier 1 and Tier 2 paid data to get real-time insights into trading volume, prices, market makers, time and revenue, and more. You can choose from one of our three data packages or from individual add-ons. Ready for the best part? When you subscribe to one of our advanced data plans in Canada or the United States, you not only get detailed data about the market, but you also reduce your commission structure. With two major trading platforms and no annual account fees, Questrade is the leading discount broker in Canada. Price: If you do not place a market order that is trading at the best current price or offer, you will need to set a price at which your trade must be executed. Questrade clients can trade on two desktop trading platforms and a mobile app, as well as on a forex and CFD platform, each offering a different experience. Questrade Trading allows some adjustments to trading standards as well as the display of the watch list and portfolio list. IQ Edge is a downloadable platform for active traders that is much more customizable than the web platform. The zero-commission rush that swept brokers in the U.S. stopped at the Canadian border.
Questrade`s fees are lower than most other Canadian brokers and banks, and the discounts offered on subscription costs mean that active traders can remove or partially offset market data fees. There are useful tools for fundamental investors at Questrade, and the platforms are very easy to use. With our standard free instant quotes, you have access to: Level 1 U.S. Exchanges Level 1 Canadian Exchanges ARCA Level 1NASDAQ Level 1NYSE Level 1NYSE U.S. Level 1OTC Bulletin Board Level 1Pink OTC Market Level 1OTC Scoreboard Level 1OTC Scoreboard Level 1OPRA Level 1 TSX LEVEL 1TSX Venture Capital Level 1Opositaires MX Level 1 Plus Index Quotes: TSX Indices, TSX Venture Indices, Dow Jones Indices, S&P Indices. Every trader is different. Depending on your skills and frequency, you can use the included free real-time data or opt for one of three monthly plans that offer live streaming for an in-depth review of the various North American exchanges. Investment Options: In addition to access to Canadian stock markets, Questrade clients can also trade all U.S.
securities on the NASDAQ, NYSE and other exchanges. Stocks, options, mutual funds, ETFs, bonds and precious metals are supported on all accounts. In addition to trading these asset classes, Questrade clients can also trade Forex (FX) and Contracts for Difference (CFDs) with a separate account. The final step is to accept agreements on market data. There are 10 long documents that need to be read and approved. NEO provides free real-time market data on NEO listed securities. For non-professional data users, NEO also provides free real-time data on other publicly traded Canadian securities traded on NEO. If you would like to know more about how to become a NEO market maker, contact firstname.lastname@example.org. The monthly fee is based on the market data plan you selected. If you select the data plan in the US market, your monthly fee will be USD. NEO market data is available in all major desktop and mobile data solutions, including Refinitiv`s Eikon and Thomson One terminals, FactSet and ACTIV workstations, as well as ICE and Quotemedia services.
Most custom and vendor-based OMS platforms also have access to NEO data. Data plan fees are charged at the beginning of the month and are eligible for a discount if you reach a certain amount of monthly commissions. Depending on your trading activities, we reduce the price you pay for our data plans or give them to you for free. But first, it`s important to know the difference between instant citations, level 1 and level 2 data. To provide more affordable access to consolidated Canadian market data, NEO offers reduced fees to professional subscribers focused on serving retail investors. Market data gives you the information you need to make informed and timely trading decisions. Knowledge is power and market data provides the statistics, trends and activities you need to develop your knowledge. .