Markwn.com Review Pros and Cons Of Markwn Online Store Uncovered!

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Contents

Markwn.com Review: Pros and Cons Of Markwn Online Store Uncovered!

Markwn Reviews: Genuine or fraudulent online store? Read on to see what our experts have to say about Markwn Online store. Is the low prices real? Is Markwn legit? Should you comfortably dive into this ecommerce store? These and many more are the questions we hope to answer with our review of Markwn online store.

You may have come across many systems on the internet promising you quick fortunes or enticing offers. However, the truth is that majority of them are well disguised scams. In this review of Markwn ecommerce store, we provide you information based on our investigations and user experiences to help guide you make the proper decision.

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What Is Markwn- Is Markwn.com a Reliable Online Store?

Markwn.com is an online store that allegedly sells all kinds of household paraphernalia such as holiday ornaments and decor, wall arts, television, tools, e.t.c

When we checked the price of these goods they seem too good to be true, and we couldn’t help but ask the same questions you’re probably asking –is Markwn store genuine?’ is Markwn.com trustworthy or just a rip off scam? How do I know if an online store is scam or legit?

Markwn Ecommerce Details And Shipping

  • Website-http://markwn.com/
  • Email- [email protected]
  • Number-+1 3012636502
  • Address-1507 Larkin st,High Point,NC 27262

Markwn.com Online Store Review: Disturbing Things Found

The people behind Markwn Store put a lot of effort in making this store look convincing, but being the experts we are, we discovered loopholes here and there.

This website looks too good to be true. Free shipping and unbelievable discount prices for quality goods. Dang! This smells fishy. Well, just like the popular saying “if it is too good to be true, then it is not good“.

Though this website might appear legit, the designed platform and mouth watering offers is just a facade. It is not a legitimate store but rather a fake copy meant to lure unsuspecting shoppers with its discounts and convincing platform. It simply takes after other online store scams, the difference just being the domain name.

Below are red flags which gave us more reasons to mark Markwn.com as Untrustworthy

  • The products sampled on Markwn.com are without customer reviews which is a bad sign. We advise our readers to always buy from online stores where there are verifiable customer reviews. You get to see the picture of the products as posted by the customer, and the star rating.
  • Unbelievable Discounts- Just as we had mentioned before, most scam online stores use this discount rates as a ploy to let you lower your guards.
  • Anonymous lots. We couldn’t find out who is behind this platform. Even when we checked on whois, we couldn’t come up with anything tangible..
  • Fake Address– They are using the scammers address of 1507 Larkin stHigh PointNC 27262 which is in use by other scam sites belong to this ‘Mark WN’ scam network.

Conclusively, even the phone number provided by this lots is already being used by other fraudulent sites.

Is markwn.com a Trustworthy Online Shop?

Markwn is an untrustworthy online store claiming to sell all kinds of household appliances. Though their website looks pretty convincing, their address and phone number shows that they are among the chain of Mark WN Scam Network!

OUR VERDICT:

markwn.com is an Unreliable store . Don’t be deceived by their promises

Everyday we get complaints of people been scammed. Most people fall for these schemes because of the sweet promises of making huge profits within a short time or getting a huge discount on purchases.On a serious note, legit systems exists but scams are very very numerous. So you need a guide to help you make a good decision. We have made it our duty, by exposing scams.

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They are lots of online investment opportunities which could fetch you money and give you a good Return On Investment. We constantly search them out to guide our readers so they don’t fall for scams. Always feel free to interact with us in the comment section.

Messery.store Review: Pros and Cons of Messery Online Store Uncovered!

Messery Reviews: Genuine or fraudulent online store? Read on to see what our experts have to say about Messery Online store. Is the low prices real? Is Messery Store legit? Should you comfortably dive into this ecommerce store? These and many more are the questions we hope to answer with our review of Messery online store.

You may have come across many systems on the internet promising you quick fortunes or enticing offers. However, the truth is that majority of them are well disguised scams. In this review of Messery ecommerce store, we provide you information based on our investigations and user experiences to help guide you make the proper decision.

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What Is Messery- Is Messery.store a Reliable Online Store?

Messery.store is an online store that allegedly sells all kinds of household paraphernalia, clothes and phone accessories such as earbuds, vegetable cutter, wristwatches, hairbrush, e.t.c

When we checked the price of these goods they seem too good to be true, and we couldn’t help but ask the same questions you’re probably asking –is Messery store genuine?’ is Messery.store trustworthy or just a rip off scam? How do I know if an online store is scam or legit?

Messery Ecommerce Details And Shipping

Messery.store Online Store Review: Disturbing Things Found

The people behind Messery Store put a lot of effort in making this store look convincing, but being the experts we are, we discovered loopholes here and there.

This website looks too good to be true. Free shipping and unbelievable discount prices for quality goods. Dang! This smells fishy. Well, just like the popular saying “if it is too good to be true, then it is not good“.

Though this website might appear legit, the designed platform and mouth watering offers is just a facade. It is not a legitimate store but rather a fake copy meant to lure unsuspecting shoppers with its discounts and convincing platform. It simply takes after other online store scams, the difference just being the domain name.

Below are red flags which gave us more reasons to mark Messery.store as Untrustworthy

  • Apart from the men tacital pants, the products sampled on Messery.store are without customer reviews which is a bad sign. We advise our readers to always buy from online stores where there are verifiable customer reviews. You get to see the picture of the products as posted by the customer, and the star rating.
  • Unbelievable Discounts- Just as we had mentioned before, most scam online stores use this discount rates as a ploy to let you lower your guards. How can a new online store be offering a discount of 50% off? that’s the question you should be asking!
  • Anonymous lots. We couldn’t find out who is behind this platform. Even when we checked on whois, we couldn’t come up with anything tangible..
  • The email address provided by this company, is being used by another online store ‘vipsale’. We don’t understand how two different companies would be sharing same email address. Looks Fishy right?

So we decided to run a plagiarism test, lo and behold! we discovered messery.store copied its About Us content from other website. This reeks of unprofessionalism! If our guesses are true, then what it means is that Messery store don’t have genuine intentions. What would it take them to write their own About Us content?

Furthermore, when we dug deeper online, we discovered that someone on trustpilot listed messery.store as among a chain of scam online stores. See the image below-

Is messery.store a Trustworthy Online Shop?

We have reasons to believe that Messery Online store is not a reliable place for online shopping. We implore those who have purchased from this store to give us their feedback.

OUR VERDICT:

messery.store is an Unreliable store . Don’t be deceived by their promises

Everyday we get complaints of people been scammed. Most people fall for these schemes because of the sweet promises of making huge profits within a short time or getting a huge discount on purchases.On a serious note, legit systems exists but scams are very very numerous. So you need a guide to help you make a good decision. We have made it our duty, by exposing scams.

Have you been Scammed by an Online Store?, Get your Money Back!

Its terrible and sad if you have been scammed by this company, However, the good news is that you could recover your lost money with the help of MyChargeBack. This recovery company has over the years helped numerous people recover their lost funds from online scams. If you need assistance in getting back your money then Click Here to Get a Free Consultation

If you are Interested in Investing Online Profitably….See Our Recommendation

They are lots of online investment opportunities which could fetch you money and give you a good Return On Investment. We constantly search them out to guide our readers so they don’t fall for scams. Always feel free to interact with us in the comment section.

Questrade Review: Pros & Cons of Trading with Questrade Canada (2020)

Being a frequent reader of Reddit’s Canadian Investor, Personal Finance Canada and RedFlagDeals Investing, I always see the same question…

“Who is the best Canadian brokerage?”

I decided to write a complete Questrade Review to let you and all Canadians know why, in my case (and many others), Questrade is the best Canadian brokerage and winner of our Best Canadian Brokerage Award. I have screenshots of many conversations and polls where people ask about the “best brokerage”. Questrade almost always gets the most name-drops and positive testimonials.

Here’s a quick summary of why Questrade is our favourite brokerage…

Questrade

  • Low fee
  • Live Chat Help
  • Unlimited Free ETFs Purchase
  • Strong Web App
  • Strong Mobile App
  • Norbet’s Gambit (Low fee CAD to USD)
  • Best Brokerage Award
  • Lack of Market Data
  • ECN fees (you can avoid it)
  • Not the cheapest (it depends)

Questrade + Canada = ❤

Affiliate Disclaimer – Even though we receive referral fees from companies mentioned on this website, we try to make our reviews unbiased and backed by our own experience and social proof. If you sign up for Questrade using our affiliate link we may earn a commission. We will use most of the revenues to make Stockchase and Wealthica better. Your support helps and we genuinely appreciate it. If you don’t want to use it, here’s a non-affiliate link to Questrade. Either way we truly believe they’re the best brokerage available in Canada and that you’ll be happy with them. Do your research on Google, Reddit and Facebook groups and you’ll find most people say the same.

Introduction to this Questrade review

If you are looking for an extensive comparison between all the available Canadian brokerages, read our Questrade vs the Others extensive comparison. But if you want to know why so many people recommend Questrade, then keep on reading.

I work at Wealthica, a consolidated portfolio tracker for Canadian investors and I also run Stockchase which, according to The Globe and Mail is “The only website on earth that has documented the stock picks and pans of every single guest who’s appeared on BNN Market Call programs since the year 2000.” – I need to know who’s the best Canadian brokerage!

Here’s our Questrade Review – structured with pros & cons, comparisons and social proof – I included tons of unbiased social proof in this Questrade review – based on our experience as customers. Comment if you have questions, I’m pretty sure you’ll like Questrade.

Is Questrade legit?

Questrade is a legitimate and reputable independent brokerage you can trust. Founded 20 years ago (1999), they are based in Canada, headquartered in Toronto and focus on providing stock trading apps for all Canadians.

Challenging the big banks

They have $8+ billion of assets under management. From the start, Questrade positioned themselves as offering low fee online trading solutions as an alternative to the big bank-owned brokerages.

They have great live chat support and modern desktop and mobile trading apps.

They offer a wide range of investment accounts : TFSA, RRSP, RESP, Margin, Cash and all account types you can think of, allowing one to trade stocks, options, mutual funds, ETFs, bonds and precious metals on the Canadian stock market and the major US markets.

Market leader

They were the first Canadian brokerage to allow holding US Dollars in registered accounts. That was in 2020. It took Scotia iTrade, one of the best big bank-owned brokerage, 8 years to catch up.

My Questrade Story

Like most Canadian DIY investors, a few years ago, I went searching for the best Canadian brokerage for self-directed investing. As many of you have probably done already, I first went with my bank’s brokerage. I bank with Desjardins. They kill it at banking and their AccessD banking portal is incredibly feature-rich.

Unfortunately, good in banking doesn’t mean good at brokerage.

I transferred to Questrade. I was instantly happier with the improvements and helpful support. I rarely contact them but when I do, I use the live chat and have quick real-time answers to my questions.

Later I heard good things about Interactive Brokers and gave it a try but I stuck with Questrade. Interactive Brokers was not bad but overly complex.

I have both an individual margin account and my TFSA at Questrade.

I recently moved my TFSA from CIBC (it was with an advisor) and sold all the mostly bad stuff my CIBC advisor had bought :

Questrade transactions tracked with Wealthica

I bought growth stocks (AMD, Apple, Spin Master, Nintendo, etc.) and made a few very small cap bets that hopefully will perform well. ��

I’ve been a happy Questrade user since 2020.

The Stock Chasers’ Top 3 Canadian Brokerage Ranking

Don’t take our word for it, look at the RedFlagDeals and Twitter polls. If you are planning on opening a new trading account, there are three Canadian brokerages that are worth considering.

You can read our Questrade vs Others, The Review Competitors Don’t Want You To Read detailed brokerage comparison post if you want to go deeper into comparing Questrade with the other Canadian brokerages.

My Top 3 Canadian brokerages are :

�� Questrade – Best of All Canadian Brokerages
�� Interactive Brokers – Best for Frequent and Advanced Traders
�� Scotia iTrade – Best Big Bank-Owned Brokerage

What is Questrade’s Review Score? Is it a Good Brokerage?

Questrade scores 84.8% on our review. It’s the best out of all Canadian brokerages and the one that will fit the needs of most Canadian DIY investors. Interactive Brokers and Scotia iTrade come next. Go ahead and compare if you’d like. We’re confident you’ll come to the same conclusion we did.

Top 10 Reasons Why I Use Questrade

Beside low fees, it’s my #1 reason for choosing them.

Why I �� Questrade

  1. They have the best Web, Mobile and iPad trading apps
  2. They have the lowest fees overall
  3. I can Buy ETFs for Free (unlimited)
  4. They make it simple to buy, sell or watch stocks
  5. They supports all types of accounts : TFSA, RRSP, RESP, Margin, etc.
  6. They have US dollars in registered accounts (avoid forced conversion)
  7. They offer a App Hub & API to connect third-party apps like Wealthica
  8. There is no annual fee (and it’s easy to avoid inactivity fees)
  9. They have Paperless sign-up, start trading within 3 days
  10. No fees for client under 25 and myFamily account pooling to avoid inactivity fee

I want my trading app to be easy to use, easy to navigate, have a nice and modern user interface and make it fun for me to buy or sell stocks. Many brokerages, especially the big bank-owned brokerages, have incredibly outdated apps.

Have a look at RBC Direct Investing’s Mobile App for example. It’s awful. Virtual Broker’s Mobile App is rated 1 star on the App Store. You can have a look at Questrade App’s Screenshots to compare if you’d like. They are awesome. ��

Questrade Fees Uncovered – Is Questrade the Cheapest Brokerage?

Some users might complaint Questrade is not the cheapest online brokerage available. It’s true that Virtual Brokers and Interactive Brokers advertise a lower fee per trade. It’s important you consider the full fee table of the brokerage to compare.

For example, at Interactive Brokers you pay a maintenance fee unless you have $100,000 of equity in your account or pay at least $10 in fees per month. You only need $5000 at Questrade to waive the inactivity fee.

Here’s everything you need to know about fees at Questrade…

16 Questrade Low Fee Facts

  1. Trades are $0.01 per share (min $4.95 to Max $9.95)
  2. ETFs purchases are free
  3. You can trade options for $9.95 + $1 / contract
  4. DRIPs are free (synthetic DRIPs)
  5. There are ECN fees if your order removes liquidity (see how to avoid ECN fees)
  6. Transfer fees are reimbursed if you transfer $25K or higher
  7. There are no admin fees for TFSAs or RRSPs.
  8. RESPs have a $50 fee if investments are less than $15K
  9. Inactivity fee is waived if you have $5000+ in investments
  10. A family can pool accounts to reach $5000 and waive inactivity fee
  11. Inactivity fee is waived if you place one trade in the quarter
  12. Inactivity fee is waived if you deposit $150 in the quarter
  13. Inactivity fee is waived if you are 25 years old or younger
  14. You pay a fee when you sell ETFs
  15. You get free real-time market data but might need to click refresh in the web app
  16. You can avoid currency conversion fees using Norbert’s Gambit

The same information confirmed by John at Questrade on Reddit (it’s nice to see members from the Questrade team answer questions on social medias)….

Who is Questrade for?

I opened my first brokerage account because I wanted to buy Apple stocks.

It was 2020. It gave me a pretty good return.

Questrade is for everyone that wants to start saving and DIY investing. Whether you are a young investor that want to start to invest in your TFSA, you want to buy some stock top picks you spotted on Stockchase, you’re into index investing or you want to start saving for retirement and self-direct your RRSP account, you should definitely get your Questrade account ready.

Is Questrade really for you?

It is a must for the Canadian investor.

Questrade will fit most if not all of the use cases for a brokerage account. There are only two reasons and specific user profiles that might make you want to look for an alternative:

– You are an advanced or frequent trader
– You favour banking integration over everything else – you should reconsider it ��

If you are not an advanced or frequent trader, don’t bother looking for an alternative. Questrade is the best Canadian brokerage for you. You will be happy with them. If you are an advanced trader, you might want to look at Interactive Brokers.

Opening a Questrade account online

Questrade is paperless. 100% online.

To open an account at Questrade you simply fill the online forms and upload the required documents (for identity verification).

The process can be completed 100% online. Once your account is open, it’s time to initiate an account transfer or transfer funds.

The easiest way to transfer funds to Questrade is using your banking payee payment feature. You setup Questrade as a provider and you send them money as you do when you pay your utility or regular bills online.

Funds usually arrive within 1-2 business days.

Once your account is active and funded, you can use Interac Online for additional deposits, it’s free and the money arrives in your account instantly.

#1 on RedFlagDeals and Twitter Polls (Social Proof)

Who is the best Canadian brokerage is a question that has been asked over and over on Canadian Finance and Personal Finance Canada on Reddit.

We searched for some neutral and unbiased best Canadian brokerage polls. We found a few on RedFlagDeals Personal Finance and Investing forums community and one about charting on Twitter.

Questrade was #1 in both most preferred and most popular brokerage polls. It was also #1 in the Twitter charting poll. In total, about 450 people who are knowledgeable about investing voted on these 3 polls.

Questrade is almost always the most recommended and backed by positive comments from users.

I have screenshots of many conversations and polls where people ask about the “best brokerage”. Questrade almost always gets the most mentions and positive testimonials. I did some research for you and outlined some of the most frequent and best comments. Sure some people recommend other options; Questrade is not perfect, but I honestly believe it’s the best Canadian brokerage available and that you’ll be happy trading with them.

So many people recommend Questrade. Just see my screenshots below. ��

You can subscribe to Canadian Investor and Personal Finance Canada to ask your own questions and validate what people recommend.

Here’s a bunch of social proof I collected, all posted on Reddit…

If it’s not enough, I have more positive user feedback screenshots from Twitter.

Cons of using Questrade turned into Pros

I posted many positive social comments above but I hear you whispering that I chose only the positive comments. Some people do post negative comments, it’s inevitable, but you’ll be able to turn most of them into pros once you are using Questrade. Here are the most frequent cons about Questrade.

Myth: There is no real-time market data

Free real-time market data is available at Questrade in both Web and Mobile apps but you need to know the trick to get it. When you log into your trading dashboard and load the buy & sell form for a specific stock, you will find a small arrow at the top right of the stock information.

By default it will show 15 minutes delayed price data but if you click on the small arrow you automatically get the real-time stock price.

They are not the cheapest

Look at the 16 Questrade Low Fee Facts table for all details on Questrade’s fees. Questrade might not be the cheapest in all use cases, but if you consider inactivity fees and use the tips to avoid them, if you use Nobert’s Gambit for CAD to USD currency conversions, and if you also make sure to avoid ECN fees , then Questrade should be, if not the cheapest, very close.

You also need to consider that Questrade offers Live Chat support, have the best mobile and web apps for trading and they offer unlimited free ETFs purchases while other brokerages limit access to a limited set of ETFs.

Even if Questrade ends up costing you a few pennies more, rest assured it’s well invested. Virtual Brokers was more expensive than Questrade but recently lowered its fees. Good luck using Virtual Brokers‘ apps. It’s awful and full of bugs. As for Interactive Brokers, unless you have $100,000 invested there’s a monthly minimum fee you have to pay, so it makes it more expensive than Questrade if you don’t trade that often.

Questrade will charge ECN Fees

It’s true Questrade will pass on ECN fees to you.

But, as angelus97 comments on Reddit, you can avoid ECN fees by making sure you do not remove liquidity from the market.

Have a look at some of my trades. You can notice the higher fee when buying small caps and lower fees when buying regular stocks. ��

Questrade transactions tracked with Wealthica

As you can see from my screenshot, my Nintendo and AMD trades cost only $4.95. Questrade‘s transaction fees are among the lowest in Canada (1¢/share, Min $4.95 – Max $9.95). I had higher transaction fees ($16.95) for buying Avante Logixx. This occurs when you remove liquidity from the market. They are called ECN fees. You can and should avoid them if you are careful.

You can’t buy /sell at market. You need to enter a limit price and wait for the market to come to you. This means your trade will not go through immediately but only when a seller changes his selling price to match your buy limit price.

Unless you are desperate for a small cap stock it shouldn’t be hard to configure your trades with a limited price and avoid ECN fees.

Myth: I heard Questrade has bad support

Questrade is 20 years old. Support at Questrade might have had ups and downs. Also, problems can happen and when they happen, they might be amplified on social media. Maybe there was a time a few years ago when Questrade was not the greatest at support but recent reviews praise its support services.

Look at all the positive user feedback. It would be impossible for a company that does not value customer support to get so much good feedback. You can find people from Questrade on Twitter, on most Social Media and even Reddit.

I rarely have to contact them, but when I do, I use the live chat and have had quick, real-time answers to my questions.

For a second time in a row, Questrade has won the 2020 DALBAR Canada Seal for Service Excellence. According to DALBAR, firms are evaluated on all critical service categories and recognizes those that provide exceptional service in all areas. The criteria include security handling, expertise, attitude and call flow. In order to qualify for the DALBAR Seal, companies must exceed stringent benchmarks in criteria covering all aspects of their interactions.

Myth: I read they have bad apps. Really?

They have the best online trading apps in term of usability.

They do not have the most features, Interactive Brokers does, but it’s the best user experience. I compared and logged into the apps of each one of the Top 10 Canadian brokerage. Take a look at my screenshots and complete analysis. Some are so bad I couldn’t stand the review process. Questrade has great apps that are updated frequently. Be the judge, have a look at my screenshots.

How I use Questrade

I don’t use Questrade as a standalone app. Most of the time when I buy or sell stocks, I am switching between a few apps : Questrade, Wealthica, Stockchase, Google Finance and Tradingview among others.

Sure I use Questrade to execute my buy & sell orders for the the stocks.

But even if I have real-time market data on Questrade, I prefer using Google Finance to find the real-time price of a stock and browse its chart. Sometimes I also use Tradingview. These sites give you better charting tools than any brokerage.

I also read expert opinions about the stock if it can be found on Stockchase.

I also use Wealthica to track all my investment accounts, generate my capital gain tax reports and have a consolidated view of all my investments in one place (I have investments at multiple financial institutions in addition to my self-directed accounts with Questrade).

That’s the perfect mix of investment tools for me.

Open banking and third party API

One of my favourite feature of Questrade is the App Hub.

Questrade is one of the few Canadian financial institutions to endorse open banking and allows for easy and secure interconnection with third party applications. Within Questrade’s App Hub, you can connect with partner apps for an even better trading experience. This allows users to have greater control over their financial data, and better manage their investments.

The API allows you to connect your account securely with Wealthica. Wealthica is made by the same team behind Stockchase. Connecting your Questrade account with Wealthica will make it easier for you to to calculate your capital gains, automate your investment spreadsheet or get a consolidated view of all your investments.

You will also find the Passiv App which you can use for automatic rebalancing of your portfolio at Questrade. The App Hub and the API is something that really sets Questrade apart.

More Social Proof

As promised, here is more social proof that I found on Twitter…

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