Canadian online brokerage Questrade has added TipRanks to its platforms – a comprehensive stock research tool that allows retail investors and traders to see stock ratings, recommendations, and the measured performance of anyone who provides financial analysis and recommendations.

Thanks to this tool, Questrade customers will be able to evaluate individual stocks and make informed investment decisions.

TipRanks’ data-driven tool has been integrated into the Questrade web and IQ Edge platforms, at no cost to Questrade users. TipRanks’ data will cover both US and Canadian companies, drastically extending the research offering available to all Questrade customers.

TipRanks evaluates public stock recommendations made by financial analysts and financial bloggers, then ranks the analysts based on their accuracy and performance. Questrade customers receive buy and/or sell recommendations and price targets from high-performing analysts, to help invest and trade more confidently. This tool offers the most extensive dataset of analysts, hedge fund managers, financial bloggers, and corporate insiders.

“We’re on a mission to empower and educate Canadians on their journey to financial independence by investing in informative and interactive tools like TipRanks,” said Edward Kholodenko, president and CEO, Questrade. “Through this partnership, we are offering powerful research capabilities to investors, and will also be the first brokerage in Canada to offer TipRanks’ Smart Score – an award-winning rating system that helps identify high potential stocks – directly to our customers. Helping them invest confidently and succeed is our ultimate goal.”

“We are delighted to partner with Questrade in their mission to empower investors,” added Uri Gruenbaum, CEO, TipRanks. “Our ability to simplify institutional-level research tools is game-changing. We level the playing field by giving retail investors access to visualized and intuitive research tools which help them make better, data-driven decisions.”