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Options pricing

One-leg and multi-leg option trades are charged a commission of $9.95 + $1 per contract.

For clients subscribed to the The Questrade Advantage, one-leg and multi-leg option trades are charged a commission as low as $4.95 + 75¢ per contract.

For all multi-leg trades, a stock leg incurs your regular stock commission.

All options exercises and assignments are $24.95 flat.

Trade commissions for U.S. and Canadian options and option assignments are in the currency of the trade.

Options carry a high level of risk and are not suitable for all investors. Please read the option trading agreement and disclosure found in the account agreements and disclosures booklet before considering any options transactions.

Additional fees include:

  • Phone trades through our trade desk are subject to an additional commission.
  • Partial fills (orders filled over multiple days): subject to additional commission charges.
  • Securities and Exchange Commission (SEC) fee: based on a percentage of the total dollar amount of U.S. securities sold.
  • Exchange and ECN fees: may apply.
  • Data fees: may apply depending on your choice of trading platform and market data.
  • For clients who are maintaining USD in their RESP: on any day in which you trade a USD security in your RESP, you will be charged a $5 commission. This is a flat, per-day commission, no matter how many trades are made.

    Go to the USD in RSP page for more information about U.S. dollars in registered accounts.

Trade commissions for U.S. and Canadian options and option assignments are in the currency of the trade.

Spread orders placed through the trade desk are charged $9.95 for each option pair, plus $1 per contract. For details, or to place a spread order, please contact the trade desk at 1.888.783.7866 (when prompted press 2) or call 1.866.980.9590. The trade desk is available Monday to Friday, 8:30 a.m. to 4:30 p.m. EST.

Options carry a high level of risk and are not suitable for all investors. Please read the option trading agreement and disclosure found in the account agreements and disclosures booklet before considering any options transactions.