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Options trading,
no barriers

Build your winning strategies with market-leading tools and pricing that keeps your upside high.

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  • 4.7★App Store rating
  • 30% moretime to trade with pre-market hours
  • $0commissions on all options, no contract fees on most
  • $0.05 CADcashback on most options with Questrade Plus

Single-leg.Multi-leg.Always free.

Zero commissions and no contract fees for all US equity options.

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Get cashback on options

Join Questrade Plus to earn cashback on every US equities options trade you make. The more you trade, the more you earn.

US equities contracts you trade each month

05,000
2,500

Total cashback with Questrade Plus

$125/month

Get cashback

Illustrative only. $0.05 CAD per US equity options contract. No cap on cashback earned.

Start simple, go further

From first-time options traders to seasoned multi-leg strategists, Questrade is made for where you are—and where you want to go.

The obvious choicefor options traders

Trading commissions

On US equity options.

Questrade
Free
Simple brokerages
Free
Interactive brokerages
Free
Legacy banks
Up to $9.99 per trade

$0 US equity options

Trade the most popular options strategies.

Questrade
Yes
Simple brokerages
Yes
Interactive brokerages
$0.25-$0.65 ($1 minimum)
Legacy banks
At least $1.25 per contract

Index and Canadian options

Expand into other options trading opportunities.

Questrade
Yes
Simple brokerages
No
Interactive brokerages
Yes
Legacy banks
Yes

Cashback on most contracts

Get rewarded when you trade US equity options.

Questrade
With Questrade Plus
Simple brokerages
No
Interactive brokerages
No
Legacy banks
No

Dual-currency accounts

Avoid conversion fees by holding multiple currencies.

Questrade
Yes
Simple brokerages
Up to $10/month
Interactive brokerages
Yes
Legacy banks
Yes

Advanced real-time data

Including OPRA (Options Price Reporting Authority).

Questrade
Yes
Simple brokerages
No
Interactive brokerages
15-min delay
Legacy banks
Up to $29 USD/month

Built-in strategy finder

Make sense of the markets and invest with confidence.

Questrade
Yes
Simple brokerages
No
Interactive brokerages
Yes
Legacy banks
Generic insights only
"Some brokerages have low fees, others have good service, others have excellent platforms and a variety of investment products. Questrade has it all."
– The Globe and Mail2026 Canadian brokerage rankings, where Questrade placed first overall

Intuitive precision at every step

Surface winning strategies, preview how they could play out, and execute without any doubts.

Find strategies others miss

Options Radar surfaces opportunities based on filters like probability of profit, sentiment, and more.

See it play out

Preview your trade's outcomes, including risk and reward, with Questrade Pro's P&L calculator.

Execute without doubt

Go from scanning the options chain to your ideal trade in seconds with a seamless strategy builder.

The right strategyfor every angle

Cash-secured puts

Name the price you'd buy at, and get paid while you wait. Registered accounts included.

Start trading

Covered calls

Collect premium on shares you already hold. Works in your TFSA and RRSP, too.

Multi-leg strategies

Condors, strangles, butterflies. Build positions for however the market moves — stock stalls, swings, or holds a range.

Vertical spreads

Keep the thesis, cap the risk. Trade a view for less than the outright position costs.

Long calls & puts

Trade based on where you see a stock heading—up or down—without buying the shares themselves.

The only brokerage in Canada with cashback on options

Get started

Cashback on US equity options applies to Questrade Plus subscribers only.