Maintenance excess (M.E): shows you how much excess margin you have in your account. Registered accounts such as TFSA, RRSP, or RRIF offer many special tax benefits that are not available to margin account holders. Assume an investor with $2,500 in a margin account wants to buy Nokia's stock for $5 per share. Margin requirements for securities vary due to market fluctuations. ... Open Questrade Account Open Questrade Account. The customer could use additional margin funds … If your real-time combined maintenance excess is below zero, it means that you are in a margin call and that you need to make a deposit to your account as soon as possible. Questrade will never charge interest for carrying a balance. 1 The minimum rate for credit is 0.00%. CREATE USER ID ... are using an encrypted browser and you do not see the secured connection symbol during the Questrade online application process, you may have entered the site through a connection that is not secure. Questrade Margin Interest Rates 2020 2020 current Questrade rates: interest account fees, charged on trading margin loans. Instead, Margin Power simply reads the balance of your Questrade TFSA and gives you trading power in your margin account based on that balance.

Open a Questrade account for instant access to a trading account, practice platforms, our community, and more. Margin accounts will earn interest if the accrued amount owing is $10.00 or more for the month. Additional Questrade Fees When making a deposit to a Questrade trading account, your bank account (where the money is coming from) and the Questrade account (where the money is going to) must have identical names. Registered accounts will earn interest if the accrued amount owing is $0.01 or more for the month. It lets Questrade know you’re good for the trades you make in your margin account because you have money set aside in your TFSA.

Margin power is like a form of overdraft protection. At the same time, these accounts carry some restrictions. Questrade is not responsible for how you use this information to make investment decisions. It can also be used to determine if you’re in a margin call.

Why Questrade As most our visitors are “income investors”, we were looking for a firm with cost effective way to earn a regular stream of investment income.