Questrade

Verdict

Official pricing — Questrade $0/mo vs Questrade Plus $19.99/mo (captured 2026-09-25).

Questrade is a Canada-focused brokerage — an account you open for self-directed stocks, ETFs, options, and Canadian registered account types — not charting SaaS and not a ranking of who is cheapest. Official pages at questrade.com, pricing, and the transaction fee schedule describe commissions, FX, exercise/assignment, journaling, and optional Questrade Plus.

Primary job on this directory: broker for Canada (use-a-broker + brokers-in-canada). Do not invent brokers-in-us — official Photo ID Help says U.S. residents, in most cases, are unable to open Questrade accounts.

Authoritative standing commissions / fees (pricing + transaction fees + Options FAQ; capture 2026-09-25):

Product	Standing fee	Notes
CAD & US listed stocks / ETFs (online)	Free commission	Transaction schedule “Stock/ETF Trade — Buy/Sell”
US equity options	$0/contract	All customers; Plus cashback separate (body)
CAD equity options	CAD 0.99/contract	Transaction schedule
US index options	Variable until 2026-09-27; US$0.99/contract from market open 2026-09-28	Volume grid until change; flat after
Options exercise	$24.95/option position	Assignments Free
Currency conversion (USD/CAD)	1.5%	Included in applied FX rate (footnote on schedule)
Online journaling	$9.95/request	Free unlimited with Plus (pricing)
Questrade Plus	$19.99/month	Pricing surface; Plus free-to-try language until 2026-09-30 on Options FAQ

Body-only (not typed as cashback into offers[]). Questrade Plus subscribers earn CAD 0.05 cashback per eligible US equity options contract (Plus cashback; Options FAQ). Index options and CAD-listed options are excluded from that cashback on official Plus copy. Public affiliates overview exists; this directory has no tracked affiliate_url.

This is a directory listing of a broker, not a SaaS comparison, not a signal service from FTT, and not financial advice. Do not treat this page as a how-to for placing trades.

We are not saying Questrade is the best broker, the cheapest broker, or the best purchase. We do not invent star ratings. We are not saying any fee schedule will make a strategy profitable.

Best for

• Canada brokerage / registered accounts as the primary job — TFSA, RRSP, FHSA, RESP, LIRA, RRIF, cash, margin, and other types on account-types.
• Self-directed trading with published $0 stock/ETF commissions and $0 US equity options contract fees.
• Readers who trade CAD-listed or US index options and need the published CAD 0.99 / US$0.99 (from 2026-09-28) rows — not an assumed $0 on every options product.
• CAD ↔ USD workflow awareness — dual-currency accounts on pricing; FX 1.5% when you convert; journaling $9.95 (or free with Plus) as an alternate path on official journaling pages.

That is a fit for traders and investors who want Canadian brokerage execution with published fees. It is not a claim that switching brokers improves results.

Skip if

• You need a U.S.-resident retail brokerage on-ramp. Official Photo ID Help: U.S. residents, in most cases, are unable to open Questrade accounts. Do not invent brokers-in-us for this listing.
• You assumed every options contract is $0. CAD options are CAD 0.99; US index options are not free (variable until 2026-09-27, then US$0.99 from market open 2026-09-28).
• You assumed FX is free. Currency conversion is 1.5% on the transaction schedule.
• You expected this page to rank “best broker in Canada.” This directory does not rank brokers.
• You expected an FTT tracked affiliate deep link. affiliate_url is empty; CTAs go to the official site. The public affiliates program URL may appear in Sources only.
• Your primary job is a U.S.-only options platform. Neighbors: tastytrade (Canada NOT SUPPORTED), Thinkorswim. Different residency stories — not a ranking.

What you get

Official transaction fee schedule — captured 2026-09-25.

Source of truth for standing fees: questrade.com/pricing + transaction fees + Options FAQ — captured 2026-09-25. This is not a SaaS subscription matrix (Plus is an optional add-on on the same firm).

Product	Billing shape	Standing figure (typed into offers[])	Pricing URL
Stocks & ETFs (online)	Per trade commission	$0 / Free	Transaction fees
US equity options	Per contract	$0	same
CAD equity options	Per contract	CAD 0.99	same
US index options (from 2026-09-28 open)	Per contract	US$0.99	same
Options exercise	Per option position	$24.95	same
Currency conversion USD/CAD	Percent of conversion	1.5%	same
Online journaling	Per request	$9.95	Pricing
Questrade Plus	Monthly	$19.99	Pricing

Also on those official pages (feature / fee claims — standing dollars only from the table above for offers[]):

• US index options date change. Variable volume grid active until 2026-09-27; flat US$0.99/contract starting market open 2026-09-28 (transaction fees, Options FAQ).
• US index volume grid (until the change). Examples on the schedule / FAQ: ≤250 contracts USD 0.99; 251–500 USD 0.75; … down to 50,001+ USD 0.00/contract for index rows while the grid is active. Equity options volume still counts toward milestone benefits on FAQ copy.
• Plus cashback (body only). CAD 0.05/eligible US equity options contract for active Plus subscribers — not on index or CAD-listed options (cashback help).
• Assignment Free; exercise $24.95 per option position.
• Dual-currency accounts marketed on pricing (hold USD in registered accounts to avoid forced conversion on each US trade — still not tax advice).
• ECN / SEC / ADR pass-through rows on the transaction schedule for specific order types — confirm on the schedule before you route.
• Public affiliate program at questrade.com/affiliates/overview — no FTT tracked link.

Fees change. Confirm on the official site before you open an account or place a trade. This directory does not sell Questrade and has no affiliate URL. The CTA on this page goes to the official homepage: questrade.com.

How it works

Official account types — TFSA / RRSP / FHSA and more (captured 2026-09-25).

1. Confirm eligibility — SIN, government-issued photo ID, and residency rules on official Help / Photo ID pages. U.S. residents are unable to open accounts in most cases.
2. Open the account types you need — TFSA, RRSP, FHSA, RESP, cash, margin, and others on account-types.
3. Trade self-directed on published commissions ($0 equities; options / FX / exercise / journaling rows above) — still not FTT advice.
4. Optional Questrade Plus if you want published Plus benefits (cashback, free journaling, market data package language on Plus / pricing) at $19.99/month after any free-try window.
5. Optional Questwealth Portfolios is marketed on account-types as a managed path on the same firm — secondary product; confirm current AUM fees on official Questwealth pages before treating any managed rate as standing here.

Self-directed vs Questrade Plus

	Self-directed (base)	Questrade Plus
Monthly platform fee (pricing)	$0/month	$19.99/month
US equity options contract fee	$0	$0 + CAD 0.05 cashback (eligible contracts)
Online journaling	$9.95/request	Free unlimited (pricing)
Stocks / ETFs commissions	Free (online)	Same

Neither column is a recommendation. Confirm current product eligibility in-account.

Watch-outs

Official Options FAQ — pricing and expiration notes (captured 2026-09-25).

• US index options price change on 2026-09-28. Do not cite the old volume grid as the only standing index fee after market open 2026-09-28 — official schedule switches to flat US$0.99/contract.
• CAD options are not $0. CAD 0.99/contract on the transaction schedule.
• FX 1.5%. Currency conversion USD/CAD is 1.5% on the schedule; dual-currency holdings reduce forced conversions but do not erase the conversion fee when you do convert.
• Exercise $24.95; expiration liquidations can add $45. Options FAQ: processing fee to exercise is $24.95 per option position; assignments free. Forced liquidation language around expiration includes a $45 service fee in addition to regular commissions — confirm on Help before expiration day.
• U.S. residents (most cases) cannot open accounts. Photo ID Help — not a U.S. retail substitute; no brokers-in-us job on this listing.
• Plus cashback exclusions. Official Plus copy: no cashback on index options or CAD-listed equity options; pre-market / after-hours executions excluded on cashback Help.

Pros and cons

Official Questrade Plus / pricing benefits framing (captured 2026-09-25).

Sourced from official pricing, transaction fees, Options FAQ, account-types, and Photo ID Help. We do not invent SaaS tiers, affiliate URLs, or broker rankings.

Pros

• Clear Canada brokerage story with TFSA / RRSP / FHSA (and other registered types) on official account-types (2026-09-25 capture).
• Published $0 commissions on stocks/ETFs; $0 US equity options contract fees for all customers.
• CAD options and US index options fees are written down — including the 2026-09-28 index change.
• FX 1.5%, exercise $24.95, assignment Free, journaling $9.95 published on official pages.
• Optional Plus cashback and free journaling are documented on official Plus / cashback pages.

Cons

• U.S. residents unable to open accounts in most cases — not a U.S. brokerage substitute.
• CAD options CAD 0.99 and US index options US$0.99 (from 2026-09-28) are not free.
• FX 1.5% can dominate small USD conversions.
• Expiration / liquidation service fees ($45 language on Options FAQ) sit outside the simple per-contract story.
• This directory does not rank “best broker in Canada.”
• No FTT affiliate URL yet — CTAs go to the official homepage.

How it compares

Official Photo ID Help — residency / U.S. resident language (captured 2026-09-25).

Neighbors on this directory: Wealthsimple, Interactive Brokers, tastytrade, and Thinkorswim. This is not a ranking. We do not invent star ratings. We do not claim Questrade is better.

	Questrade	Wealthsimple	Interactive Brokers	tastytrade
Status on this directory	Live review	Live review	Live review	Live review
Job	Canada brokerage + registered accounts (+ optional Plus)	Canada brokerage + registered accounts (+ managed Invest)	Global electronic broker (Pro/Lite + platforms)	U.S. brokerage / commissions platform
What official pages describe	$0 equities; $0 US equity options; CAD 0.99; US index schedule + 2026-09-28 change; TFSA/RRSP/FHSA	Trade $0 equities; US$0 equity/ETF options; Invest AUM; Canada eligibility	Pro/Lite stock & options schedules; TWS / Portal / Mobile; CA TFSA/RRSP/FHSA	Commissions table; no platform subscription
Price captured here	Equities $0; US equity options $0; CAD options CAD 0.99; US index US$0.99 from 2026-09-28; FX 1.5%; exercise $24.95; Plus $19.99/mo (2026-09-25)	Equities $0; equity options US$0; futures US$1; Invest Core 0.50% / Premium 0.40% (2026-09-11)	Lite USD 0.00 (US residents); Pro Fixed USD 0.005/share; CA Fixed CAD 0.01 (2026-09-14)	Equities $0; options $1 open ($10 max/leg); subscription none (2026-09-12)
Canada	Yes — Canadian brokerage; U.S. residents mostly unable (Photo ID Help); TFSA/RRSP/FHSA listed	Yes — residents only (Help eligibility); TFSA/RRSP/FHSA listed	Yes — Interactive Brokers Canada (TFSA/RRSP/FHSA); Lite US stocks US Residents Only	NOT SUPPORTED (official Help); TFSA N/A

Questrade is Canada self-directed brokerage + published options fee ladder first. Wealthsimple is Canada Trade $0 + managed Invest first. Interactive Brokers is global multi-asset + Pro/Lite first. tastytrade is U.S. commissions first (Canada not supported). For the dedicated two-way Keep / Gain / Lose map, see Questrade vs Wealthsimple. For a broader neighbor job-fit map (not a ranking), see Questrade alternatives. If you chart on TradingView, Questrade is one of the Canadian brokers TradingView’s official pages name for broker connections. None of those rows is a recommendation to switch, and none is a cheapest-broker shootout.

Verified features

Sourced from pricing, transaction fees, Options FAQ, Plus, Plus cashback, account-types, Photo ID Help, and affiliates overview. Captured 2026-09-25. We do not list features we could not attribute to an official page.

Standing fees (authoritative for offers[])

• Stocks & ETFs online commissions Free / $0.
• US equity options $0/contract.
• CAD equity options CAD 0.99/contract.
• US index options US$0.99/contract from market open 2026-09-28 (variable grid until then — body).
• Options exercise $24.95; assignment Free.
• Currency conversion 1.5%; journaling $9.95/request; Plus $19.99/month.

Canada / accounts

• Account types on marketing: TFSA, RRSP, FHSA, RESP, LIRA, RRIF, cash, margin, and others on account-types.
• Photo ID Help: U.S. residents unable to open accounts in most cases; contact New Accounts for expat / international edge cases.
• CIRO / FINTRAC identity language on Photo ID Help.

Body-only

• Plus CAD 0.05 US equity options cashback; free-to-try until 2026-09-30 language on Options FAQ.
• US index volume grid dollars while active until 2026-09-27.
• Expiration liquidation $45 service fee language on Options FAQ.
• New-customer margin interest promo code language on marketing banners (e.g. 0MARGIN) — promo, not standing offers[].
• Public affiliates overview URL (no FTT tracked link).

Rejected as standing

• Invented FTT affiliate_url / U.S. retail availability / SaaS “best broker” ranks.
• Plus cashback dollars as a commission offers[] row (benefit, not a fee charged).
• Assumed $0 on CAD or US index options.

Still UNVERIFIED (kept visible)

1. Exact in-account options level / margin approval matrix beyond marketing labels — confirm in-account.
2. Full Questwealth Portfolios AUM ladder beyond “starting at” marketing on account-types — confirm on Questwealth fee pages before typing managed rates into offers[].
3. Live admin-fee schedule rows not fetched in this capture (transfer-out, wire, etc.) — confirm on administration fees when needed.
4. Any third-party “best Canadian broker” ranking that replaces official fee schedules — rejected.
5. Affiliate CPA rates / cookie windows — public overview exists; commercial terms not published as standing dollars here.

Canada note

This directory is written with readers in Canada as well as the United States.

Canadian brokerage; U.S. residents mostly cannot open. Official Photo ID Help states U.S. residents, in most cases, are unable to open Questrade accounts (exemptions may apply for Canadian expats with active RRSP accounts). International residents are limited in most cases. Do not invent a U.S. retail brokerage on-ramp from Canadian pricing pages.

TFSA / RRSP / FHSA yes (for eligible clients). Account-types lists registered and non-registered types. Contribution room, tax treatment, and CRA rules are outside this review.

Not brokers-in-us. This listing stays on use-a-broker + brokers-in-canada only.

Confirm eligibility on official Help before you apply. Official homepage only: questrade.com. There is no affiliate link on this page.

Sources

Prefer these official URLs (capture 2026-09-25):

• questrade.com/pricing — $0/mo vs Plus $19.99/mo; $0 stocks/ETFs; $0 options for most contracts marketing; journaling $9.95
• transaction fees — Free stocks/ETFs; US equity options Free + Plus cashback footnote; CAD options CAD 0.99; US index variable until 2026-09-27 / US$0.99 from 2026-09-28; exercise $24.95; assignment Free; FX 1.5%
• Options FAQ — $0 US equity options; Plus cashback; index date change; exercise $24.95; expiration notes
• questrade.com/plus — Plus benefits framing
• Plus options cashback — CAD 0.05 terms
• account-types — TFSA / RRSP / FHSA / RESP / LIRA / RRIF / cash / margin
• Photo ID Help (/learning/questrade-basics/how-to-open-an-account/photo-id) — U.S. resident language
• affiliates overview — public program (no FTT tracked URL)

Confirm fees on the official site. There is no affiliate link on this page yet. This button goes to the official homepage: questrade.com.

Disclosure

This page is a directory review of a publicly priced brokerage, not financial advice, not a recommendation to open an account, and not a claim that any fee schedule, Plus cashback, or promo code will be profitable. Questrade is a broker (with optional Plus and managed Questwealth marketing), not SaaS. Plus cashback and time-boxed promos are not standing commission SKUs beyond the typed offers[] rows. We have no affiliate URL on this listing; outbound CTAs use the official site. Fees change — confirm on pricing and the transaction fee schedule before you trade.