Qtrade Investor named Best Independent Brokerage in Canada
VANCOUVER, B.C., May 3, 2016 — Qtrade Investor has been named Best overall independent brokerage in Canada in the 2016 MoneySense Best Online Brokerage Review
In addition to the award for Best overall independent brokerage, Qtrade was also named the Top pick for Customer service, and received an Honourable mention for Fees & commissions.
For the last four years, MoneySense has awarded rankings based on data collected on Canada's top independent and bank-owned brokerages by Surviscor, a research analysis and business intelligence firm. Their focus this year was on brokerages demonstrating a commitment to continually improve their services.
In its review, MoneySense remarked that Qtrade Investor "maintained a consistently high level of service while staying true to its roots as a low-cost alternative," and "has earned a reputation for swift and helpful customer response for several years running."
The review also noted that when it comes to pricing, Qtrade "gets points for its lower-than-average commission of $8.75," for which users "[aren't] giving up anything in functionality or service level." They added, "A limited menu of commission-free ETFs is also a welcome bonus."
The MoneySense awards come on the heels of a strong finish to 2015 for Qtrade, which included a second-place ranking ahead of all the major banks in The Globe and Mail review, as well as a top-three finish for Best Discount Brokerage at the Morningstar awards.
"To be recognized as the best overall independent broker in Canada is incredibly rewarding for us," said Catherine Wood, Qtrade Financial Group's Senior VP and Head of Online Brokerage.
"We strive to continually improve our platform, capabilities and support — to truly give Canadian investors a world-class experience," she added. "To receive a review like this from MoneySense tells us we're hitting the mark, and providing a service that's powerful, cost-competitive, and backed by reliable and responsive support. We're honoured by this win."
About Qtrade Investor
Qtrade Investor is the award-winning online brokerage division of Qtrade Securities Inc., Member of the Canadian Investor Protection Fund. Qtrade Securities is a wholly owned subsidiary of Qtrade Financial Group, a national, award-winning, integrated financial services company, which is a member of Desjardins Group, Canada's largest and the world's fifth largest cooperative financial group. For more information, visit www.qtrade.ca/investor.
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