Cryptocurrency Q&A
Why is Questrade charging interest?
Why is Questrade charging interest?
henry_grayson_lawyer
Wed Dec 25 2024
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6
answers
1734
I don't understand why Questrade is charging me interest. I thought trading platforms were free to use. Could someone explain the reason behind these charges?
6 answers
Dario
Fri Dec 27 2024
When investors purchase U.S. securities, they often face the challenge of not having sufficient USD.
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BlockchainBaron
Fri Dec 27 2024
In such cases, Questrade offers a solution by allowing investors to borrow the required USD.
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Riccardo
Fri Dec 27 2024
The process involves leveraging Questrade's funds to facilitate the purchase of U.S. securities.
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Daniele
Fri Dec 27 2024
Currency exchange plays a crucial role in the financial market.
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Stefano
Fri Dec 27 2024
Investors are charged interest on the borrowed amount, which reflects the cost of borrowing funds.
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