About Questrade
Questwealth Portfolios fundamentally disrupts the automated investing sector by offering actively managed portfolios at a lower cost than most passive competitors. With an ultra-low management fee starting at just 0.25%, Questwealth utilizes expert portfolio managers who tactically adjust asset weights to capture market opportunities and mitigate downside risk. Offering automatic rebalancing, tax-loss harvesting, and incredibly low MERs, it allows investors to retain vastly more of their compounding returns while still benefiting from professional market oversight.
The Good
- Assets held at CIRO-member Custodian
- Lowest management fees in Canada (0.20% - 0.25%)
- Active management strategy aims to minimize losses
- Free tax-loss harvesting for all account sizes
The Bad
- $1,000 minimum investment required
- Active management can underperform passive indices
- No dedicated mobile app (integrated into QuestMobile)
Fee Structure
Updated 2026| Fee Type | Details | Cost |
|---|---|---|
|
Portfolio Management Fee
|
Standard active management fee for balances under $100,000.
Min Bal: $250
|
0.25% |
|
Portfolio Management Fee
|
Discounted active management fee for balances of $100,000 or more.
Min Bal: $100000
|
0.20% |
|
Fund MER (Embedded Cost)
|
Average embedded MER charged by the underlying ETF providers (e.g., Growth Portfolio).
|
0.12% |
Key Features
Socially Responsible Investing (SRI)
Invest in portfolios that prioritize environmental, social, and governance (ESG) criteria without sacrificing performance.
Automatic Rebalancing
The platform automatically buys and sells assets in the background to keep your portfolio perfectly aligned with your target risk level.
Goal-Based Investing
Set specific financial targets (like a down payment or retirement) and track your progress with dedicated, optimized portfolios.
Mobile App (iOS & Android)
Manage your portfolio, execute trades, and monitor the markets on the go with a fully-featured mobile application.
CIPF Protected
Your account is safeguarded by the Canadian Investor Protection Fund (CIPF) against the insolvency of the brokerage.
Best for Beginners
Highly recommended for novice investors due to its intuitive interface, rich educational resources, and simplified onboarding.
Cover Transfer Fees
The platform will reimburse the administrative transfer fees your old bank charges when you move your account over.
Active Management
Portfolios managed by human experts who actively buy and sell assets to try and beat the market average.
CIRO Member
RateBuddy Verdict
undefined stands out for its comprehensive tools for active traders. With competitive pricing and a solid reputation backed by Questrade, it remains a top contender in the Canadian market.