RE: RE: RE: Questrade / other brokersI used to be with RBC and will NEVER, EVER trade with them again.
I bought some options with them a few years back - bought a call and sold a put.
They called me two weeks later and told me that I wasn't approved to sell puts, and the trade went through because of a glitch in their system. The stock price had swung dramatically, and the puts were now much more expensive. They told me they would cover half the cost of the difference, but if I didn't buy them back, they would put the trade through themselves on my behalf.
I went a couple of levels higher and the final answer was that they were being "more than fair". I left RBC and transferred all of my stocks to Scotia iTrade and have been there ever since.
I will never, and anyone opening an account who asks me, I tell never to deal with RBC, relating my story. A multi-billion dollar corporation and they lost a client for life over a couple grand. I'm blown away that some of these corporations don't care more about retaining clients and the bigger picture.
Scotia iTrade $9.99 trades. I can buy and sell puts (the latter only in non-registered accounts) and have decent margin but don't use it.