I've maxed my TFSA and want to open a taxable account.

However, what bugs me about questrade's margin account is that margin accounts don't specify that it is a margin buy in the order confirmation. It gives no indication if you're using your own cash or if you're using margin (for which there's a decent fee).

I have to balance looking at my cash balance and then make an order. If I make multiple orders at a time, it's very very easy make a tiny mistake and borrow on margin. There's no option to switch margin off either.

Do other brokers do this too? What other brokers can I use that have free ETF buys that don't have a margin account or don't try to pull this kind of a move?

I love Questrade's TFSA/RRSP since they don't have margin. Only the non registered account is a deal breaker for me.

Additional question, questwealth has a fee of 0.25% on the total balance and VEQT has a MER of 0.25%. Are these equal? One is stated as a fee and the other is stated as an MER.

Which one would you do? Questwealth on 100% equity or wealthsimple invest (or anything that's free etfs) in XEQT/VEQT?