Questrade Advanced platform fees
QuestraderWEB with Quotestream, QuestraderPRO and QuestraderELITE are advanced
platforms with real-time streaming data.
Choose your trading platform, and then add custom data to suit your trading
needs.
Our commission rebate on data plans are based on your trading activity, your
chosen trading platform, and additional data subscriptions. Rebates will be
automatically credited to your account and are calculated over each calendar
month. The more you trade, the higher your eligible rebate.
You can select a platform when you open an account, or at any time through
myQuestrade. To change platforms or data subscriptions, login to
myQuestrade, click my platforms, and then
choose change trading platform.
Commission rebate on data plans
|
Trades / month |
QuestraderWEB with
Quotestream 1 |
QuestraderPRO |
QuestraderELITE |
|
Rebates are available up to the monthly cost of the platform plus any additional
subscribed data. Rebates will never exceed the cost of data fees. |
|
140
or more
|
$136.70 |
$156.70 |
$176.70 |
|
120
-
139 |
$135.00 |
$135.00 |
$135.00 |
|
100
-
119 |
$115.00 |
$115.00 |
$115.00 |
|
80
-
99 |
$95.00 |
$95.00 |
$95.00 |
|
60
-
79 |
$75.00 |
$75.00 |
$75.00 |
|
40
-
59 |
$55.00 |
$55.00 |
$55.00 |
|
20
-
39 |
$35.00 |
$35.00 |
N/A |
|
10
-
19 |
$20.00 |
N/A |
N/A |
Questrade Data fees
|
|
QuestraderWEB with
Quotestream 1 |
QuestraderPRO |
QuestraderELITE |
|
Monthly cost |
$19.95 |
$34.95 |
$54.95 |
|
Included data |
Level 1 data for: TSX, NASDAQ, NYSE, AMEX, plus U.S. option data |
Additional data for advanced platforms
|
Index quotes |
Monthly cost |
|
Index quotes for the TSX, TSX Venture, S&P, and Dow Jones |
$1.95 |
|
TSX |
|
|
Market by price |
$9.95 |
|
Level 2 |
$29.95 |
|
TSX Venture |
|
|
Level 1 |
$24.95 |
|
Market by price |
$39.95 |
|
Level 2 |
$49.95 |
|
Canadian Options |
|
|
Level 1 |
$9.95 |
|
Level 2 |
$14.95 |
|
NASDAQ |
|
|
Level 2 |
$19.95 |
|
TotalView |
$24.952 |
|
ARCA Book |
$9.95 |
|
CME (Chicago Mercantile Exchange) |
$54.95 |
Effective July 1, 2010
Data costs and commission rebates on data plans are based on the subscribed data
and trade volume during the current calendar month.
1 Includes access to WebTrader Streaming
2 NASDAQ TotalView is only available for QuestraderPRO or
QuestraderELITE
Data prices do not include GST or HST. For information about GST/HST and our
data plans, please go to the
The HST (and GST) and you page.
ECN fees
Electronic communication networks (ECNs) and alternative trading systems (ATSs)
charge a fee to all market participants who use their networks.
Questrade charges the following in order to offset ECN and ATS access costs, in
the currency of the applicable exchange:
|
CANADIAN SECURITIES |
LIQUIDITY |
|
ADDING ($/SHARE) |
REMOVING ($/SHARE) |
Equities ≥ $1.001
TSX, TSX Venture and all ATSs2
|
FREE |
$0.0037 |
|
Equities < $1.001 |
|
TSX, TSX Venture and all ATSs2 |
FREE |
$0.0009 |
|
U.S. SECURITIES |
|
POST, MNGD, and LAMP |
FREE |
FREE |
|
INET (NSDQ) |
FREE |
$0.003 |
|
ARCA |
FREE |
$0.004 |
|
NYSE |
FREE |
$0.004 |
1Opening and extended-hours trades are billed at the same rate.
2Canadian orders can execute on any of the following alternative
trading systems (ATSs): Alpha, Pure and Chi-X.
Additional Canadian security fees:
- Warrants and rights
- Adding liquidity: FREE
- Removing liquidity: 1/40th of 1% of the
value of the trade; min $0.50, max $50.00
- Notes and debentures: $0.10 per $1,000 par value per side
SEC fee: the
SEC collects a fee for all sales of U.S.
securities.
Effective April 1st, 2010, the fee is calculated at 0.0000169 x the value of the
trade.
e.g., selling 100 shares of a U.S. stock at $29 (100 x $29 = $2,900) will incur
a SEC fee of USD $0.05 (0.0000169 x $2,900).
Administrative fees
|
WITHDRAWAL BANKING FEES |
|
• CAD$ electronic fund transfer (EFT) up to $25,000.00*
|
FREE |
|
• USD$ electronic fund transfer (EFT) up to $25,000.00* |
FREE |
|
• CAD$ and USD$ uncertified cheque over $25,000.00 |
FREE |
|
• CAD$ and USD$ uncertified cheque up to $25,000.00 |
$10.00 |
|
• Certified cheque†
|
$20.00 |
|
• CAD$ wire transfer
|
$20.00
|
|
• USD$ wire transfer |
$30.00
|
|
• International wire transfer |
$40.00
|
|
• Stop payment
|
$20.00 |
|
• NSF cheque/returned items
|
$30.00
|
|
REGISTERED SAVINGS PLANS FEES
|
|
• Self-directed RRSP/RRIF |
FREE |
|
• Annual Fee for second & subsequent accounts |
FREE
|
|
• Registered education savings plans (RESP) |
FREE
|
|
• Pre-authorization withdrawal by cheque |
$10.00
|
|
• Full plan deregistration |
$50.00
|
|
• Partial plan deregistration
|
$25.00
|
|
• RSP/RIF Swap: exchange of securities held in your RSP/RIF with cash or
securities of equal value held outside your plan
|
$25.00
|
|
• Canadian controlled private corporations (CCPC) fee |
$250.00 + $50.00 annually |
|
TRANSFER FEES
|
|
• Transfer out an account to another institution |
$125.00 |
|
• Partial transfer of account to another institution |
$25.00
|
|
CERTIFICATE FEES
|
|
• Certificate re-registration |
$300.00
|
|
• Rush certificate re-registration* |
$450.00 |
|
• Certificate deposit TSX, TSXV, NYSE and Nasdaq
|
$200.00 |
|
• Rush certificate deposit TSX, TSXV, NYSE and Nasdaq* |
$400.00
|
|
• Safekeeping of certificate
|
$100.00/month
|
|
MAILING FEES
|
|
• Special courier (Canada)
|
$25.00
|
|
• Special courier (US)
|
$30.00 |
|
• Registered mail
|
$10.00 |
|
TRADE CONFIRMATIONS & MONTHLY STATEMENT FEES
|
|
• Electronic trade confirmation in myQuestrade*
|
FREE |
|
• Electronic monthly statement (eStatement) |
FREE |
|
• Printed monthly statement via domestic mail**
|
$3.00 |
|
• Printed monthly statement via international mail**
|
$5.00 |
|
OTHER ACCOUNT FEES |
|
• Open an account
|
FREE |
|
• Close an account |
FREE |
|
• Inactive account |
FREE
|
|
• Mutual Fund Maximizer processing fee |
29.95 / month*
|
|
• Copy of trade confirmation |
$10.00
|
|
• Copy of account statement |
$10.00
|
|
• Copy of fiscal statement |
$10.00
|
|
• Research request (minimum one hour) |
$75.00/hr |
|
• Estate transfer (minimum one hour) |
$75.00/hr |
* The processing fee is applied against any amount to be rebated and will never
exceed the rebated amount. Your account will therefore never be charged a fee
for participating in the Mutual Fund Maximizer service. The processing fee is
calculated monthly and applied quarterly with a minimum of three months.
Questrade Fees are as of 2012 and are subject to change. For most recent information go here:
|