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Questions tagged [charging interest]

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henry_grayson_lawyer henry_grayson_lawyer Wed Dec 25 2024 | 6 answers 1734

Why is Questrade charging interest?

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?

Why is Questrade charging interest?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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