While Forex trading is a popular activity all over the world, many traders will choose a broker that caters to their specific needs. At Questrade, the company will only provide services to Canadian residents, making this a top choice for any Canadian investor online. One of the main benefits of opening an account with this Forex broker is that new accounts will receive a $50 bonus that can be used on any trade at the site. One thing that traders will notice about this broker is that there are commissions, but they are relatively low compared to other brokers. The company will charge fees as low as 1 cent per share with a maximum of $9.95.

Questrade was established in 1999, making it one of the oldest Forex brokers online. Dedicated to meeting the needs of Canadian investors, Questrade offers exceptional customer support to every trader with a real money and demo account. At this broker, there are 15 types of accents that are available that are all under broad headings of Standard, Registered and Organization.

The trading platforms that are used at Questrade are full of amazing features that will offer benefits to all types of traders. There are new feeds, real time quotes, after hours trading tips and many other resources that can help new traders learn the ropes and conduct successful Forex trades online. New traders will benefit from a detailed section on Forex that contains information on the history of Forex, trading tips and secrets and other tools that can help with conducting first time trades.

Questrade may not be the best choice for novice traders since there is a minimum deposit amount of $1000. This is pretty high since other brokers are accepting deposits of between $25 and $100 to get started. However, since the company has been operating for many years, it has gained a loyal list of followers and its reputation will attract many new investors who have the $1000 to open an account. Questrade also offers many incentives for returning traders, including a $150 referral reward when a friend is referred to the site and begins trading Forex. At Questrade, the tools and resources available are vast and this broker will surely be a great choice for any serious trader who is looking for great returns on their investment.