Questrade fees in 2026 come down to a short list: commissions on stocks and ETFs are $0, there is no inactivity fee, and most of what remains is currency conversion, transfers out and registered-plan withdrawals. This page itemizes each Questrade fee with its source and works through what four typical investors would pay in a year. It is general education, not financial advice.
YieldMaple checked Questrade’s pricing, transaction-fee and administrative-fee pages on October 7, 2026. The per-share stock commission, the paid ETF sales, the quarterly inactivity fee and the monthly platform charges in earlier versions of this page are no longer on those pages.
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 mutual fund commission | $9.95 per trade | 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 |
| 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 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 wire transfer fees | $20 for a Canadian-dollar wire and $30 for a US-dollar wire | questrade.com Verified October 7, 2026 |
| Questrade electronic funds transfer (EFT) withdrawal fee | free by electronic funds transfer (EFT), up to $50,000 in Canadian dollars or US$25,000 in US dollars | questrade.com Verified October 7, 2026 |
| Questrade Expanded market data price | CAD $9.95 a month ($0 with Questrade Plus) | questrade.com Verified October 7, 2026 |
How much does Questrade charge per trade?
Questrade charges $0 to buy and sell Canadian and U.S.-listed stocks and ETFs, on buys and sells alike, in every self-directed account type.
Other products are priced separately. Questrade lists $0 commissions on US equity options contracts; Canadian-listed options cost CA$0.99 per contract, and US index options cost $0 plus US$0.99 per contract, from market open on September 28, 2026. Mutual funds cost $9.95 per trade, bonds cost $0 in commission to buy or sell (Questrade's pay is built into the bond's price instead), and GICs have no cost to buy or sell (with a $5,000 minimum purchase for bonds and GICs). International stocks outside North America cost 1% of the trade value, charged in US dollars, with a $195 minimum per trade.
Does Questrade charge account or inactivity fees?
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.
Accounts are free to open, with no minimum balance. Holding a registered plan is free for a TFSA, RRSP, FHSA, RESP or RRIF, so a small TFSA that rarely trades costs nothing to keep open. Registered withdrawals are where fees appear: a partial RRSP withdrawal costs $50 per partial withdrawal from an RRSP, spousal RRSP, LIRA or LRSP, a full one costs $100 to withdraw an RRSP, spousal RRSP, LIRA or LRSP in full (the same fee applies to LIF unlocking), and a Home Buyers’ Plan withdrawal costs $25 for a partial Home Buyers' Plan or Lifelong Learning Plan withdrawal ($50 for a full one). RESP withdrawals are free — no fee for a full or partial RESP withdrawal.
How much does Questrade charge for currency conversion?
Questrade’s currency conversion fee is 1.5% on Canadian-to-US-dollar conversions and back, built into the exchange rate Questrade applies. It applies whenever Canadian dollars buy a US-listed security or US dollars are converted back.
Every account can hold both currencies (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. Norbert’s Gambit replaces the percentage fee with journaling at $9.95 per online journaling request (free and unlimited with Questrade Plus); Questrade Plus costs $19.99 a month plus applicable taxes (free for the first 30 days). The Norbert’s Gambit calculator shows the break-even for your own amount.
What does Questrade cost in a year?
For a buy-and-hold ETF investor, Questrade’s yearly cost can be zero; for a US-stock investor who converts every month, currency conversion is the largest cost. Four examples, using Questrade’s October 7, 2026 fee schedule:
Example 1: monthly ETF purchases in a TFSA
- Profile: $500 a month into one Canadian-listed ETF, no sales.
- Commissions: $0.
- Account fees: none; the TFSA is free for a TFSA, RRSP, FHSA, RESP or RRIF.
- Yearly cost: $0.
Example 2: active trader in Canadian stocks
- Profile: 60 trades a year in Canadian-listed stocks.
- Commissions: $0.
- ECN fees: Questrade lists no ECN fees on orders for Canadian-listed securities.
- Yearly cost: $0, before optional paid market data such as Expanded data at CAD $9.95 a month ($0 with Questrade Plus).
Example 3: US stocks bought with Canadian dollars every month
- Profile: $5,000 a month of US stocks, converted from Canadian dollars each time.
- Commissions: $0.
- Currency conversion: $900.
- Yearly cost: $900.
Example 4: the same investor using Norbert’s Gambit
- Profile: the same $5,000 a month, converted with a monthly Norbert’s Gambit instead.
- Journaling: $119.40, plus the DLR bid-ask spread on each gambit.
- Yearly cost: about $119, or $9.95 for one gambit a year that funds the whole year’s US dollars.
The gap between Examples 3 and 4 is about $781 a year before spreads and currency moves, which is the reason Norbert’s Gambit comes up so often in Questrade discussions. Norbert’s Gambit at Questrade covers the steps.
How do Questrade fees compare with other Canadian brokers?
On stock and ETF commissions Questrade ties with Wealthsimple, National Bank Direct Brokerage and BMO InvestorLine at zero, while TD, RBC and CIBC still charge on ETFs outside their commission-free lists.
For 12 monthly purchases of XEQT, a popular all-equity ETF:
| Broker | Commission per trade | 12 XEQT buys |
|---|---|---|
| Questrade | $0 | $0 |
| Wealthsimple | $0 | $0 |
| National Bank Direct Brokerage | $0 | $0 |
| BMO InvestorLine | $0 | $0 |
| RBC Direct Investing | XEQT is on RBC’s commission-free ETF list | $0 |
| Interactive Brokers (Fixed) | 1 cent a share on Canadian stocks, with a $1.00 minimum | at least $12 |
| Moomoo Canada | CA$0.0149 a share, with a CA$1.49 minimum per order | at least $17.88 |
| CIBC Investor’s Edge | $6.95 (XEQT is not on its commission-free list) | $83.40 |
| TD Direct Investing | $9.99 (XEQT is not on its commission-free list) | $119.88 |
The ETF lists come from each broker’s own pages: RBC’s commission-free list covers iShares ETFs, including XEQT, XGRO, XBAL, XIC and XUS; TD’s covers including VFV, VEQT, VGRO, VBAL, SPY, QQQ and TD's own ETFs such as TEQT, but not XEQT; CIBC’s covers including VFV, VEQT, XGRO and XBAL, but not XEQT. RBC’s standard commission outside the list is $9.95 per online or mobile trade.
The bigger difference is US dollars. 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. Questrade accounts hold US dollars at no charge and convert at 1.5%. The Wealthsimple vs Questrade comparison covers the rest.
Which other Questrade fees can apply?
Beyond commissions and conversion, Questrade’s fee schedule lists charges for ECN routing, margin, wires, phone orders and a few admin items.
1. ECN fees
On ECN fees, Questrade charges 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. Ordinary orders on Canadian and US exchanges routed by Questrade don’t carry them. On US sales, the US Securities and Exchange Commission’s regulatory fee is also passed through, as Questrade’s transaction-fee page explains.
2. Margin interest
CAD margin costs CAD prime + 4.25% on debit balances under $100,000 (CAD prime + 3.25% from $100,000), and USD margin costs USD prime + 4.50% on debit balances under US$100,000 (USD prime + 3.50% from US$100,000). Questrade’s CAD prime rate is 4.45% and its USD prime rate is 7.00%. Uninvested cash earns 0% at current prime rates — Questrade's formula for CAD cash is prime minus 8.50%, and a negative result pays 0%.
3. International stocks
Stocks listed outside North America cost 1% of the trade value, charged in US dollars, with a $195 minimum per trade.
4. Withdrawals, wires and admin charges
Withdrawals by electronic funds transfer 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, an NSF cheque or returned item costs $30, and trades placed through the trade desk by phone cost $45 per trade, on top of any regular commission. Exercising an option costs $24.95 to exercise an option (assignment is free).
5. Market data
Questrade includes free real-time Level 1 streaming quotes, plus free snap quotes. Expanded market data costs CAD $9.95 a month ($0 with Questrade Plus), and Advanced (Level 2) data costs US$44.95 a month. The Questrade Pro platform is free for all Questrade customers.
How can you lower Questrade fees?
Most Questrade fees are triggered by specific actions, so the total depends on which of those actions an account needs.
- Currency conversion is the largest cost for US investors. Holding US dollars, keeping US dividends in US dollars, or using Norbert’s Gambit at $9.95 per online journaling request (free and unlimited with Questrade Plus) reduces it.
- Market data beyond the free Level 1 quotes is optional.
- Registered withdrawals carry fees on RRSPs ($50 per partial withdrawal from an RRSP, spousal RRSP, LIRA or LRSP), while RESP withdrawals are free — no fee for a full or partial RESP withdrawal.
- Transfers out cost $150 per account, for a full or partial transfer (sales tax added where applicable), so moving several accounts multiplies the fee.
Bottom line
Questrade’s fees in 2026 are low for Canadian-dollar investors: $0 on stocks and ETFs, no inactivity fee and no charge to hold US dollars. The fees that add up are currency conversion at 1.5%, the $150 transfer-out fee, RRSP withdrawal fees and optional paid data.
Questrade’s fee schedule suits buy-and-hold ETF investors, active traders in Canadian stocks, and investors who want a free place to hold US dollars (Wealthsimple’s USD account costs $10 a month for Core clients; free for Premium and Generation).
The fee schedule matters more for investors who convert currency often without using Norbert’s Gambit, and for anyone planning to move several accounts out later.
Editorial pick
Questrade
Read next
- Questrade review: full platform review
- Wealthsimple vs Questrade: head-to-head
- Norbert’s Gambit at Questrade: the journaling steps
- Best online brokerage in Canada: the full landscape