Questrade Reviews

Updated June 29, 2015
52 reviews filtered by
  • Toronto, ON (Canada)
  • Any Job Title
  • Any Status
Employment Status

Reset
4.1
Rating Trends
Recommend to a friend
Approve of CEO
(no image)
Edward Kholodenko
44 Ratings

Pros
  • A stepping stone to the financial industry (in 4 reviews)

  • great place to meet great intelligent people (in 2 reviews)

Cons
  • becoming more of a sales environment (in 2 reviews)

  • Clients often had to wait 30 minutes or more to speak with a client service rep (in 2 reviews)

More Pros and Cons

52 Employee Reviews

Sort: Popular Rating Date
  1. Lead on the trading platform development team

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Engineering Team Lead in Toronto, ON (Canada)
    Current Employee - Software Engineering Team Lead in Toronto, ON (Canada)

    I have been working at Questrade full-time (More than 5 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Company is lean. A lot of the technical management are engineers themselves, and there's not many of them, so there is no danger of "too many chiefs, not enough indians". Most of the management structure is team leads reporting directly to directors.

    Cons

    The above pro is also a bit of a con, since it gives limited room for individual growth. With limited supervisory positions open, getting promoted usually requires someone else leaving the position first.

    Advice to Management

    Management is doing a great job overall. The only advice I can give is to offer stock options, one of the things that's been asked about for years and has been completely ignored. Having a personal stake in the company will motivate your engineers, especially those in senior positions who posses a lot of the proprietary knowledge about the products developed internally, and discourage them from leaving. The "cost" of replacing some of these critical individuals could be quite high.


  2. Great company, limited growth

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software Engineer in Toronto, ON (Canada)
    Current Employee - Senior Software Engineer in Toronto, ON (Canada)

    I have been working at Questrade full-time (More than 5 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Small company, so it runs lean. Everyone working there is of high quality. Management runs lean too, no danger of "too many chiefs, not enough indians"

    Cons

    No stock options. Not much room for vertical growth. Getting promoted almost requires someone else leaving a higher position first.

    Advice to Management

    Keep up the great work on vision of the company. However, look inwards a bit too. Give incentive to employees to stick around. Give stock options that have been asked about for years. Create some quality of life improvements for customer service jobs, which seem to have the largest turnaround by far. Retraining new hires constantly is likely more expensive than just raising the salaries slightly for those positions.


  3. Good place to get started

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Toronto, ON (Canada)
    Former Employee - Anonymous Employee in Toronto, ON (Canada)

    I worked at Questrade full-time (More than 3 years)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Working here is a good way to get started in a career if you don't have much experience and you can learn a lot working here; Plenty of hard working and smart colleagues; Some teams are able to work from home; Main location in Toronto is very conveniently located - connected to Finch subway station; Holiday party at the end of the year is nice

    Cons

    There are little to no growth opportunities; Hard work is valued but not rewarded, i.e. low raises and slow promotions, Business first, people second; The health and dental plan is not very good compared with other companies

    Advice to Management

    Get to know your employees, protect them and value their opinions - happy employees are productive employees


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Client services

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Client Services Specialist in Toronto, ON (Canada)
    Former Employee - Client Services Specialist in Toronto, ON (Canada)

    I worked at Questrade

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    great colleagues, good learning experience out of school

    Cons

    Starting salaries both in sales and client services have been the same for the last 5 years. Any other competitors offer a better salary, which is why turn over is incredibly high. Once someone gets experience they can easily find another job with better benefits and pay. Constantly adding new products and responsibilities without receiving further compensation. Very limited growth as well, I have never seen so many supervisors in a company, beyond that there is no growth unless you are a friend of upper management.

    Advice to Management

    Pay fairly by increasing salary, improve not reduce commission structure, create incentives for employees to stick around (better benefits, RRSP contributions etc.)

    Questrade Response

    May 12, 2015Talent Acquisition Specialist

    Thank you for your feedback. We appreciate the time you have taken to write this review and we’re sorry to hear that your experience with us was not as positive as we would hope. We’re proud of our ... More


  6. Helpful (1)

    being infrastructure professional!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Professional in Toronto, ON (Canada)
    Former Employee - IT Professional in Toronto, ON (Canada)

    I worked at Questrade

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Projects are interesting and there are always new ones available. I was able to learn many essential skills with software tools I will use throughout my career. The people were the best part of this company with many of the always happy and encouraging

    Cons

    hard to make it with the managers in department

    Advice to Management

    Watch out the department head

    Questrade Response

    Apr 8, 2015Talent Acquisition Specialist

    Thank you for taking the time to provide your feedback. We take these issues very seriously and we want to improve the situation. We assure you that your feedback has been heard and directed to the ... More


  7. Helpful (2)

    good experience

    • Career Opportunities
    Current Employee - New Accounts Specialist in Toronto, ON (Canada)
    Current Employee - New Accounts Specialist in Toronto, ON (Canada)

    I have been working at Questrade full-time (Less than a year)

    Pros

    Excellent learning opportunity, understanding of the capital markets and financial products

    Cons

    Nothing I can think of as of now

    Questrade Response

    Apr 8, 2015Talent Acquisition Specialist

    Thanks for your feedback! We’re so happy to hear that your Questrade experience has been positive and filled with plenty of learning opportunities. We hope you’ve also been able to attend some of our ... More


  8. Helpful (1)

    Great place to work!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software Engineer in Toronto, ON (Canada)
    Current Employee - Senior Software Engineer in Toronto, ON (Canada)

    I have been working at Questrade full-time (More than 5 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    awesome people, great company vision

    Cons

    lack of documentation on business requirements


  9. Helpful (1)

    Client Services Specialist

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Client Services Specialist in Toronto, ON (Canada)
    Former Employee - Client Services Specialist in Toronto, ON (Canada)

    I worked at Questrade full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good co-workers and work culture

    Cons

    Underpaid compared to similar work at another company.


  10. Helpful (7)

    A place to start, but terrible work environment. Most of the posts on this site are fabricated fyi.

    Former Employee - Anonymous Employee in Toronto, ON (Canada)
    Former Employee - Anonymous Employee in Toronto, ON (Canada)

    I worked at Questrade full-time (More than a year)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    -start working in finance
    -coworkers are awesome

    Cons

    -the work environment encourages and promotes people who care about themselves first
    -becoming more of a sales environment
    -terrible vacation time. management however fails to notice as they are themselves on vacation.
    -you really can just become a pawn who reports in, sells, then leaves. it sucks.

    Advice to Management

    care about your employees. like actually care, don't hide behind your work doesnt need to suck logo. turnover is an issue and you need to find ways to fix it.


  11. Helpful (1)

    Risk & Credit Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Supervisor, Risk & Credit in Toronto, ON (Canada)
    Former Employee - Supervisor, Risk & Credit in Toronto, ON (Canada)

    I worked at Questrade full-time (More than 5 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Exposure to all business arms of firm. Constant growth opportunities. Great management.

    Cons

    A smaller firm therefore working with limited resources can be a challenge at times



Showing 52 of 75 reviews
Reset Filters
RSS Feed </> Embed

Your response will be removed from the review – this cannot be undone.