Questrade Commission-Free Trading
Questrade is now offering stock, ETF, and options trading at $0 commission. Their FAQs cover everything except for “How are they able to do it??” 🤔
Frequently Asked Questions About Questrade Commissions
Get answers to some of the common questions about our $0 Commission Pricing
What does $0 commission trading mean for me?
It means that you don’t pay any commission fees when you buy or sell Canadian or U.S. listed stocks or ETFs online with Questrade. You can trade options with no ticket charge and just 99¢/contract. Keep more of your money with you—where it belongs.
There has never been a better time to be a Questrade customer. Click to open an account today. And good news, you can transfer for free1.
Do I need to do anything to get $0?
Nope! $0 commission trading is the new normal at Questrade. You get it standard.
Is this a limited-time offer?
Great news, this is not a limited time offer! This is the new normal at Questrade. You have access to $0 commission trading with any of your self-directed Questrade accounts.
Which securities are eligible for $0 commission trading?
Canadian and U.S. listed stocks and ETFs are eligible securities for $0 commission trading. The price for options contracts is now 99¢/contract. However, commissions or other fees may apply to other securities such as international (non-U.S.-listed) stocks, bonds, IPOs, GICs, precious metals, etc. For a full list, see here.
If I have more than one account, do the $0 commissions apply to all my accounts?
Yes, $0 pricing is applied to all self-directed accounts, including joint and corporate accounts.
Foreign Exchange (FX) and Contracts for Difference (CFD) trading accounts have no change to their current pricing structure.
How do I make sure I am getting the $0 commissions?
The next time you make a trade, on the order entry screen, you’ll see $0.00 next to commissions. You can also see this on your trade confirmation report.
Will I be charged ECN fees?
For most stocks, options and ETFs, ECN fees will not apply. However, for certain types of trades such as Direct Market Access (DMA) orders and select Over-the-Counter (OTC) securities ECN fees may still apply.
You can learn more about Electronic Communication Networks (ECNs) here.
What other fees may apply?
While there are no commission fees for online trades of Canadian or U.S. listed stocks and ETFs, other fees may still apply like options contract fees, currency conversion fees or interest if you’re borrowing on margin. The price of options contracts is now 99¢/contract. Our fee schedule is available here.
What about options contract pricing?
You can trade options with no ticket charge and just 99¢/contract.
Our base options pricing used to be: $9.95 + $1/contract
Now it’s: $0 + 99¢/contract
A fee schedule is available here.
What happens if I have open orders?
Any eligible existing open orders you have will automatically be executed at our new commission-free price. Any new Canadian or U.S. stock or ETF order you place after February 9 will also be commission-free. For options trading, there is still a small options contract fee of 99¢/contract.
What happens if I have partial open order(s)?
If you have any eligible partial open orders they will automatically be executed commission-free. When the markets open on February 10, any new Canadian or U.S. listed stock or ETF orders that you place online will also be commission-free.
For example: You have an open order for 1,000 shares. If 250 shares were executed before February 9 you would be charged a commission for that portion. If the remaining 750 shares are purchased after February 10, they would be executed commission-free.
Do I need a special account to get $0 commission trading?
All Questrade self-directed accounts are automatically eligible for $0 commission online trading of Canadian and U.S. listed stocks and ETFs.
Are there any minimum deposit or account balance requirements?
Great news! We have no minimum account balance for our Questrade self-directed accounts.
What happens to my trade rebates with my Active Trader Market data pricing?
You no longer need to worry about meeting the minimum volumes to receive our trade rebates with our new commission-free pricing on stocks and ETFs! Now that commissions are $0, enroll in an active trader package, and you’ll automatically take advantage of our low options contract pricing of 75¢.
If I am an authorized trader on someone else’s account, how does this work?
Nothing changes if you are an authorized trader. Zero commission trade pricing will still apply.
Does this offer apply to my Questwealth Portfolios account(s)?
Questwealth Portfolios do not get charged commissions at all! You will still pay your regular management fee of 0.25% or less depending in part on the amount you have invested. To learn more about Questwealth Portfolios, click here.
Don’t have an account with Questrade? Sign up here.
Disclaimer
‘Zero commission trades’, ‘$0 commissions’, ‘$0 trading’, ‘trade commission-free’ and similar messages, refer to commission-free trading for trades placed online through Questrade, Inc.’s website or mobile apps for stocks and ETFs that are listed on a stock exchange in the United States or Canada. Other fees may still apply.
For options trades placed online through Questrade, Inc.’s website or mobile apps the base commission has been reduced to 0.99¢ per contract. The per contract rate for online options trading is further reduced to 0.75¢ if subscribed to an active trader plan.
1 You can transfer any account to Questrade from another financial institution, regardless of the balance, and get your transfer fees rebated (maximum rebate $150/account). No limit to the number of accounts you bring over. For a rebate, submit a statement from your financial institution displaying the transfer fees incurred within 60 days of the transfer request being submitted to Questrade. For Questwealth™ accounts, all-in-kind and partial transfers of your securities will be liquidated. Transfers from cash accounts may be subject to capital gains taxes or provide capital losses upon liquidation. Exchange and ECN fees may apply. Terms and conditions are subject to change without notice.You can transfer any account to Questrade from another financial institution, regardless of the balance, and get your transfer fees rebated (maximum rebate $150/account). No limit to the number of accounts you bring over. For a rebate, submit a statement from your financial institution displaying the transfer fees incurred within 60 days of the transfer request being submitted to Questrade. For Questwealth™ accounts, all-in-kind and partial transfers of your securities will be liquidated. Transfers from cash accounts may be subject to capital gains taxes or provide capital losses upon liquidation. Exchange and ECN fees may apply. Terms and conditions are subject to change without notice.
Questrade is a registered investment dealer, a member of the Canadian Investment Regulatory Organization (‘CIRO’) and a member of the Canadian Investor Protection Fund (‘CIPF’), and the benefits of which are limited to the activities undertaken by Questrade.
QWM is a registered Portfolio Manager, Investment Fund Manager, and Exempt Market Dealer. QWP is a service provided by QWM. Questrade provides administrative, trade execution, custodial, and report services for all QWP accounts.