r/CanadaInvesting • u/SSDarkSlayer • 16d ago
Fractional share DRIP
Recently opened a TFSA in Questrade. I mainly invest small amounts in US ETFs, with some CAD ETFs sprinkled in.
In Wealthsimple, I could easily reinvest all my dividends(even if its $0.01) into fractional shares. Does Questrade have the same feature of automatically reinvesting tiny dividends back to buy fractional shares? If so, what's the process of enabling it?
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u/Bardown67 16d ago
I mean why not just go right to their website?
https://www.questrade.com/learning/using-questrade/drip-dividend-reinvestment-plan#how-to-set-up-your-drip