Qtrade Investor betters the banks with new online brokerage commissions

$8.75 and $6.95 trading commissions are lowest among Canada's major online brokerages

VANCOUVER, Sept. 26, 2014 /CNW/ - Qtrade Investor is rolling out the lowest commissions among Canada's bank and credit union online brokerages.

Effective at market open this morning, a flat rate commission of just $8.75 will apply to equity trades on Qtrade's award-winning platform for all investors, regardless of the size of their account or how frequently they trade. For investors who trade more frequently or have higher account balances, commissions go down to $6.95 per trade.

"We are extremely excited to introduce our new flat rate pricing that positions us as the market leader among Canada's major online brokerages, and further elevates what we believe is the best overall online investing experience in Canada," said Qtrade Financial Group CEO Scott Gibner.

"Qtrade Investor is dedicated to continuous improvement in every aspect that matters to investors," said Gibner. "That includes competitive pricing, along with responsive service and support, ease of use, and sophisticated research tools and resources that help investors make better decisions."

Since 2000, Qtrade Investor has been recognized as a leader in providing best-in-class online brokerage services to the retail investing public and members and clients of its credit union and financial institution partners. Year after year, Qtrade has consistently received industry awards and high industry rankings.

About Qtrade Investor

Qtrade Investor is the online brokerage division of Qtrade Securities Inc. (member IIROC and Canadian Investor Protection Fund). Qtrade Securities is a division of Qtrade Financial Group, a national, award-winning, integrated financial services company providing brokerage and investment management platforms, services and solutions to the retail public, as well as a national base of financial institution partners including credit unions, banks, trust companies, insurance companies and financial planning firms. For more information, visit www.qtrade.ca.

SOURCE: Qtrade Financial Group

Ron Cann, Vice President, Marketing & Communications, Qtrade Financial Group, 778.331.2056, [email protected]