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Trading, simplified. Again. And again.

Exchange traded funds (ETFs) are one of the fastest-growing investment products on the market. Combining the diversity of a mutual fund with the convenience and low cost of a stock, it’s no surprise investors love ETFs.

There’s another reason to be excited about ETFs: Questrade Smart ETFs™. Designed to go beyond basic index investing, our family of ETFs are seriously smart. 

Here’s one of the biggest reasons they’re so popular: you can buy any North American listed-ETF, including Questrade Smart ETF™ absolutely commission-free.


Sounds good. What’s an ETF?
An ETF (exchange traded fund) is a pooled security that typically holds a basket of different stocks. ETFs have different objectives such as tracking an index, an industry, or a commodity. You can trade them just like a stock. The reason they’re popular is the fees associated with them are a fraction of the fees typical of mutual funds, but they offer a similar strategy for mitigating risk.
When you say buy ETFs for free, what do you really mean?

We mean buy ETFs commission-free. ECN fees may still apply, but you won’t pay a nickel of commissions when you buy ETFs with Questrade. If you decide to sell the ETF, you’ll pay the standard commission.

For clients trading in an RESP, you’ll be charged a flat, $5 fee on any day that you trade U.S. securities, ETFs included. This is a flat, per-day fee, no matter how many trades you make.

An ETF sounds a lot like a mutual fund. What’s the difference?
There are two main differences. The big one is fees. Mutual fund MERs (management expense ratios) can be upwards of 2% per year. ETFs? MERs can be as low as .15% - a fraction of the cost. The other difference is ease of trading. You can trade ETFs just like a stock, any time the markets can take your order (including pre and post market). Mutual funds are traded once a day at the most. Some only trade once a week or once a month.
I’m in. How do I buy ETFs?
Buy ETFs just like a stock. It’s as simple as doing your research and then placing an order in your IQ platform.
There must be a limit on how many ETFs I can buy for free
No limits. None. Nada. Zilch. You can buy one ETF or all of them, one share or as many as you’d like. There are no restrictions, no minimum investment amount, no maximum number of ETFs you can buy. One more thing: this is NOT a limited time offer and you don’t have to jump through any hoops. It’s just the new way to buy ETFs.
Then there must be a limited list of ETFs available
Again, nope. You can buy any Canadian or U.S.-listed ETF in the Questrade IQ trading platforms and skip the commission.
What makes Questrade Smart ETFs so special?
Questrade Wealth Management believes investors deserve access to ETFs that go beyond basic index investing. Questrade Smart ETFs™* are strategically designed to do exactly that.  Whether they are equal-weighted, Canadian dollar hedged or actively managed, these ETFs provide investors with a low-cost alternative to mutual funds while maintaining diversification to manage risk. They’re also listed on the TSX, and you can buy them commission-free.
I want to learn more about buying ETFs for free

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Commission-free ETFs

You will not pay a commission for buy and cover trades for Canadian and U.S. listed ETFs executed through any Questrade IQ platform. Any ETF sell or short is charged the commission fee that would normally apply to the account.


  • The commission-free ETF offer and eligible ETFs (e.g,, ETFs from a particular provider or listed on a specific market) are subject to change without notice and at Questrade’s sole discretion;
  • Commission-free ETF buys and covers do not accrue toward calculating data fee rebates;
  • Other fees, such as data, Exchange and ECN fees may apply.

*Questrade Smart ETFs™ are a product of Questrade Wealth Management.