Canadian Forex Online Trading: QuestradeThe emergence of online forex trading is not lagging in any part of the world and Canada is not lagging behind in this regard either. There are a number of companies involved in Canada forex online trading. Questrade is a popular Canadian forex online trading company that is owned and operated by a Canadian. The company was established in 1999 and in a very short span of time, the company has established itself in the market. Within an year of its establishment Questrade became a registered dealer in securities. The company was among one of the first companies in Canada that offered day trading services. In 2001, the company became Canada's very first direct access broker IDA member. In 2002, Questrade started to offer CyberTrader Pro and CyberX2 to the people of Canada. Both CyberTrader Pro and CyberX2 are premiere platforms for US equities. In the following year, Questrade started its service which allowed the ability to trade with RRSP account to Canadian traders. In the same year the company started the options trading service as well. 2004 was again an year of milestones for this Canadian forex online trading company. In this year the company introduced multi leg option orders. The year of 2005 was another set of milestones for Questrade. The first milestone for the company was when the company enhanced its multi leg option trading service. This was made possible because Questrade introduced four legged option strategies to its portfolio. The second milestone of Questrade for 2005 was reached when the company launched myQUESTRADE. This is a dedicated portal for client services. The third milestone of 2005 for Questrade was reached when the company started to become involved in 24 hour foreign currency trading. The next year also brought two milestones for this Canadian forex online trading company. The company introduced the first $4.95 stock trade in Canada. In the same year, Questrade started a live chat feature which is a completely secure online service available to all visitors on company website and company's clients. The service is first and unique in Canada. 2007 was however the biggest year for Questrade. The company achieved four milestones in an year averaging at one milestone a quarter. The company became the first in Canada to offer gold registered savings plans. With this service, the Canadian traders are now able to indulge in the sale and purchase of physical gold within their RSP. In the same year Questrade became Canada's first company to offer tuition rebate in case the client opted for an approved provider for his trading education. The third milestone of the company was reached when the company launched its unique affiliate program. The fourth milestone of this Canadian forex online trading company was when it launched its new platforms for trading named Questrader Web and Questrader Pro. |