Questrade fees in 2026 are simpler than most guides say: stocks and ETFs cost $0 to buy and sell Canadian and U.S.-listed stocks and ETFs, and the fee schedule lists no annual account fees and no inactivity fee. The costs that remain are currency conversion, transfers out, registered-plan withdrawals and a handful of admin charges. This page lists each one with its source so you can work out what Questrade would cost for your own accounts. It is general education, not financial advice.
YieldMaple checked Questrade’s pricing, transaction-fee and administrative-fee pages on October 6, 2026. The per-share stock commission, the paid ETF sells and the quarterly inactivity fee that older versions of this page (and many other sites) describe are no longer on those pages.
Related: Questrade review · Is Questrade safe? · Wealthsimple vs Questrade · Wealthsimple Trade fees.
Questrade fees at a glance
| Item | Current figure | Source |
|---|---|---|
| Questrade commission on stocks and ETFs | $0 to buy and sell Canadian and U.S.-listed stocks and ETFs | questrade.com Verified October 7, 2026 |
| Questrade options commission | $0 commissions on US equity options contracts | questrade.com Verified October 7, 2026 |
| Questrade commission on Canadian-listed options | CA$0.99 per contract | questrade.com Verified October 7, 2026 |
| Questrade inactivity fee (administrative fee schedule) | free at any balance, over or under $1,000 of combined equity | questrade.com Verified October 7, 2026 |
| Questrade fee to hold a TFSA, RRSP, FHSA, RESP or RRIF | free for a TFSA, RRSP, FHSA, RESP or RRIF | questrade.com Verified October 7, 2026 |
| Questrade dual-currency accounts (hold CAD and USD) | free — every account can hold both Canadian and US dollars | questrade.com Verified October 7, 2026 |
| Questrade currency conversion fee — how it is charged | 1.5% on Canadian-to-US-dollar conversions and back, built into the exchange rate Questrade applies | questrade.com Verified October 8, 2026 |
| When Questrade charges ECN (exchange) fees | none on Canadian orders; on US orders only when you route an order to a specific exchange yourself, trade US over-the-counter securities or trade in the overnight session | questrade.com Verified October 7, 2026 |
| Questrade fee to transfer an account to another institution | $150 per account, for a full or partial transfer (sales tax added where applicable) | questrade.com Verified October 7, 2026 |
| Questrade fee to journal shares (e.g. for Norbert's Gambit) | $9.95 per online journaling request (free and unlimited with Questrade Plus) | questrade.com Verified October 7, 2026 |
| Questrade CAD margin interest rate (non-registered accounts) | CAD prime + 4.25% on debit balances under $100,000 (CAD prime + 3.25% from $100,000) | questrade.com Verified October 7, 2026 |
| Questrade Plus subscription price | $19.99 a month plus applicable taxes (free for the first 30 days) | questrade.com Verified October 7, 2026 |
How much does Questrade charge per trade in 2026?
Questrade charges $0 to buy and sell Canadian and U.S.-listed stocks and ETFs, whether the order is a buy or a sell. That applies in a TFSA, RRSP, FHSA, RESP, cash or margin account alike.
Other products have their own prices on the transaction-fee page:
- Options: $0 commissions on US equity options contracts and Canadian-listed options at CA$0.99 per contract. US index options moved to $0 plus US$0.99 per contract, from market open on September 28, 2026. Exercise and assignment: $24.95 to exercise an option (assignment is free).
- Mutual funds: $9.95 per trade.
- Fractional shares: hundreds of eligible Canadian and US stocks and ETFs, from $1, commission-free, in any self-directed account.
- ECN fees: none on Canadian orders; on US orders only when you route an order to a specific exchange yourself, trade US over-the-counter securities or trade in the overnight session. A standard market or limit order on a Canadian stock or ETF does not add one.
Does Questrade still charge an inactivity fee?
No. Questrade’s inactivity fee is free at any balance, over or under $1,000 of combined equity, and its pricing page lists none — no annual account fees and no inactivity fees.
That matters most for small or new accounts. A TFSA with a few hundred dollars that never trades costs nothing to hold, because holding a registered plan is free for a TFSA, RRSP, FHSA, RESP or RRIF and accounts are free to open, with no minimum balance. Any source still describing a quarterly inactivity charge is working from Questrade’s old schedule.
What does Questrade charge to convert US dollars?
Questrade charges 1.5% on Canadian-to-US-dollar conversions and back, built into the exchange rate Questrade applies. Dual-currency holding is free — every account can hold both Canadian and US dollars, and you can hold USD in registered accounts, so US trades don't force a conversion.
In dollars: converting $10,000 from Canadian to US dollars costs about $150 in the exchange rate. Converting it back later costs the same percentage again. The cost only arises when money changes currency, so US dividends reinvested in US holdings never trigger it.
The alternative is Norbert’s Gambit: buy an interlisted security in one currency and have it journaled to the other side. Journaling costs $9.95 per online journaling request (free and unlimited with Questrade Plus). The Norbert’s Gambit at Questrade walkthrough covers the steps.
For comparison, Wealthsimple charges 1.5% on US trades from a CAD account, and its USD account costs $10 a month for Core clients; free for Premium and Generation.
Which other Questrade fees can still show up?
The fees below apply only when the specific action happens. Each comes from Questrade’s administrative or transaction-fee page.
- Transfer out to another institution: $150 per account, for a full or partial transfer (sales tax added where applicable).
- RRSP, LIRA or LRSP withdrawals: $50 per partial withdrawal from an RRSP, spousal RRSP, LIRA or LRSP; $100 to withdraw an RRSP, spousal RRSP, LIRA or LRSP in full (the same fee applies to LIF unlocking).
- Home Buyers’ Plan or Lifelong Learning Plan withdrawals: $25 for a partial Home Buyers' Plan or Lifelong Learning Plan withdrawal ($50 for a full one).
- RESP withdrawals: free — no fee for a full or partial RESP withdrawal.
- Moving cash out: cash withdrawals are free by electronic funds transfer (EFT), up to $50,000 in Canadian dollars or US$25,000 in US dollars; wires cost $20 for a Canadian-dollar wire and $30 for a US-dollar wire.
- NSF cheque or returned item: $30.
- Expanded market data: CAD $9.95 a month ($0 with Questrade Plus); Level 2 data costs US$44.95 a month.
- Margin interest: Canadian-dollar borrowing costs CAD prime + 4.25% on debit balances under $100,000 (CAD prime + 3.25% from $100,000), with CAD prime at 4.45%. US-dollar borrowing costs USD prime + 4.50% on debit balances under US$100,000 (USD prime + 3.50% from US$100,000).
- Questrade Plus (optional): $19.99 a month plus applicable taxes (free for the first 30 days), which includes a 1% match on deposits to your Questrade RRSP (Questrade Plus subscribers, from August 1, 2026).
What does Questrade cost for a typical investor?
Using the fees above, the yearly bill depends on currency and on whether the account ever leaves Questrade.
- Buy-and-hold ETF investor in a TFSA, Canadian-listed ETFs only: $0 a year in Questrade fees. The ETFs’ own management fees still apply.
- Investor buying US stocks with a one-time $10,000 conversion: about $150 once, then nothing for holding the US dollars.
- Same investor using Norbert’s Gambit instead: $9.95 in journaling, plus the market spread on the interlisted security.
- Investor who later moves a TFSA and an RRSP to another institution: $300 in transfer-out fees, unless the receiving institution reimburses them.
Questrade vs other Canadian brokers: per-trade costs
| Feature | Stock/ETF commission | USD conversion |
|---|---|---|
| Questrade | $0 (better on this row) | 1.5% |
| Wealthsimple | $0 (better on this row) | 1.5% from a CAD account |
| BMO InvestorLine | $0 (better on this row) | about 1.6% on conversions under US$25,000 |
| CIBC Investor's Edge | $6.95 | Not compared here |
| TD Direct Investing | $9.99 | 1.07% under $10,000 |
| Scotia iTRADE | $9.99 | not published (Scotia iTRADE's disclosure document says the firm converting your currency may earn a spread, and that the conversion rates it charges are available on request) |
Standard online commissions; active-trader tiers and commission-free ETF lists can lower the bank brokers' costs. Each figure comes from the broker's own pricing page, as listed in YieldMaple's rate sources.
Questrade, Wealthsimple and BMO InvestorLine all charge $0 on standard online stock and ETF trades. TD Direct Investing charges $9.99 per standard trade, CIBC Investor’s Edge $6.95, and Scotia iTRADE $9.99. On currency, Questrade’s 1.5% matches Wealthsimple’s CAD-account fee, while BMO InvestorLine charges about 1.6% on conversions under US$25,000.
Is Questrade cheaper than Wealthsimple?
On commissions, no: both charge $0 on stocks and ETFs, so a Canadian-ETF investor pays the same at either. The real differences are US dollars and leaving.
Questrade holds US dollars in every account for free, including a TFSA or RRSP. Wealthsimple’s USD account costs $10 a month for Core clients; free for Premium and Generation, and without one each US trade from a CAD account is converted at 1.5%. On the other side, Questrade charges $150 per account, for a full or partial transfer (sales tax added where applicable) to leave.
- Questrade fits investors who hold US stocks for years, want US dollars in a TFSA or RRSP without a monthly USD-account charge, or use Norbert’s Gambit.
- Wealthsimple fits investors who stick to Canadian-listed ETFs and want one app for investing, chequing and tax filing. Wealthsimple Trade is YieldMaple’s referral link; our complete Wealthsimple guide covers its accounts and plans.
The Wealthsimple vs Questrade comparison goes through tools, account types and transfers side by side.