Questrade will no longer charge commission on ETF purchases. Here’s how it’ll work:

  • You’ll pay the ETF commission at the time of purchase, but they will rebate you in two business days
  • There are no minimum number of shares you have to buy; hold them for as long as you’d like
  • Buying ETFs for free is only available if you’re trading on one of the Questrade IQ platforms
  • ECN fees or any other incidentals charged by the markets are your responsibility
  • Your standard commissions will apply when you sell an ETF

Buying/Selling Stocks

All types of Questrade software (Webtrader, QuestraderWEB, QuestraderPRO, QuestraderELITE) allow buying and selling in pre-market and after-hours.

Pre-market trading starts at 8am EST
After-hours cut-off time is 5:30pm EST

To place a PM or AH order, you must use:
– a limit order (no market orders)
– GTEM (good-till-extended-markets) type
– ARCA as your ECN

Buying/Selling Options

Some index options, such as SPY, trade until 4:15pm EST. Questrade doesn’t officially support trading options in AH, but you can try setting the order before 4pm as GTEM type, and leave the ECN on AUTO. It may or may not work. No guarantees.

Options other than index, don’t trade after 4pm.

Shorting Stocks

Depending on your software package, you may or may not be able to short outside normal market hours.

Webtrader and QuestraderWEB (with and without streaming data) DO NOT allow you to short in PM and AH.

QuestraderPRO and QuestraderELITE DO allow shorting stocks in PM and AH. Just use the same settings as for buying/selling stocks, that is GTEM/ARCA.

Sign up with Questrade using this link and get $50 commission rebate.