OPEN AN ACCOUNT

Trade currencies, commodities and more with low spreads

  • Forex spreads as low as 1.7 pips
  • Trade over 40 currency pairs
  • No account opening or closing fees
  • Dedicated support

Forex

Questrade offers competitive pricing on over 40 currency pairs with target spreads of as low as 1.7 pip under normal market conditions. The total transaction cost of an FX trade consists of the trading spread that you pay, which may vary from the target spread.

Contracts for difference

CFD pricing for commodities and indices is derived from the reference futures price of the underlying asset, while pricing for gold and silver is based on the spot price. The total transaction cost of a CFD trade consists of the trading spread that you pay, which may vary from the target spread.

Questrade offers even more currency pairs and contracts for difference. To view spreads for all products, sign up for a free practice account or call 1.866.980.9591 option 2 and a client service specialist can help you.

Example trades

Forex trade

Buy one mini lot 10,000 EUR/USD with a spread of 1.8 pips (0.00018). The cost would be USD $1.80 when you enter the trade.

This is calculated as follows 10,000 X 0.00018 = USD $1.80

CFD trade

Sell one lot of West Texas oil (100 barrels) at a spread of 5 cents for $0.05. The cost would be USD $5.00 when you enter the trade.

This is calculated as follows 100 X 0.05 = USD $5.00.

Rollover costs

You will be charged a rollover cost for any position that remains open after 5 p.m. ET. Rollover costs vary depending on the product you are trading.

CFD expiration

CFDs on commodities and indices follow an expiration calendar. CFDs on gold, silver and currencies do not expire and are rolled over daily at 5 p.m. ET.

Free FX & CFD practice account

Practice trading with a free FX & CFD practice account

Practice trading FX & CFDs

  • Full access to platform features
  • $50,000 in virtual cash
  • 100% risk free
Free Trial form image

Practice trading FX & CFDs

  • Full access to platform features
  • $50,000 in virtual cash
  • 100% risk free

Fill out the form to start practicing

By completing this form, I give Questrade permission to contact me. I understand I can withdraw my consent at any time. For details, review our privacy policy.

Disclosure

Trading in derivatives, including FX & CFDs, involves substantial risk of loss and is not suitable for all investors. For a full understanding of the risks involved, we encourage you to read and understand leverage and risk Questrade is compensated for its services from the bid-ask spread.