Can I use Norbert's Gambit trading strategy on Questrade?
Asked 5 years ago
Hi, I've been wondering whether Norbert's Gambit is legal and if I can use it on Questrade. Does anyone know? Thanks.
Andia Rispah Igobwa
Tuesday, August 17, 2021
Norbert's Gambit is a tactic that allows you to buy shares of DLR.TO on Questrade, without paying any commission fees (cutting out the middleman) as long as you are willing to execute your trade in ECN format.
The great thing about this method is how easy it makes trading ETFs and other securities, which have been traditionally difficult or expensive with traditional brokerages due to commissions charged by them upon execution.
Investors no longer need to worry about their trades being held hostage while they wait weeks to months before finally seeing the gains from those early investments trickle in!
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