Questrade rips me off - Real Life Trader #49



Warning: You will lose money if you copy me!!! Trading is risky, losses shown are real money! IMPORTANT: The risk of loss in trading futures, options, cash currencies and other leveraged transaction products can be substantial. Therefore only "risk capital" should be used. Futures, options, cash currencies and other leveraged transaction products are not suitable investments for everyone. The valuation of futures, options, cash currencies and other leveraged transaction products may fluctuate and as a result clients may lose more than the amount originally invested and may also have to pay more later. Consider your financial condition before deciding to invest or trade. So this week I bought 50 shares of Hershey (HSY) and got a fill higher than where the stock actually traded that day. How is this possible? Since Questrade acted as agent all I can think of is they charged me the extra because they could. After all, who is going to stop them? This may have been happening all along because the only reason I noticed this is because they made the fill higher than the day's trading range. Follow on Facebook: https://www.facebook.com/Real-Life-Trader-1143006699106136/ DISCLAIMER: NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL, OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE DISCUSSED WITHIN THIS CHANNEL. IF YOU DECIDE TO INVEST REAL MONEY, ALL TRADING DECISIONS ARE YOUR OWN. THE RISK OF LOSS IN TRADING COMMODITIES CAN BE SUBSTANTIAL. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. I AM NOT AN INVESTMENT ADVISOR, TRADING IS RISKY, LOSES ARE REAL, YOU WILL LOSE MONEY, DO NOT COPY ME!

Comments

  1. Everyone knows that Questrade are ripping off their clients! I would never put my money into their hands!
  2. Did you find out an answer? Or can we ask Questrade to disable lending from their inventory?


Additional Information:

Visibility: 716

Duration: 3m 24s

Rating: 4