- Pricing
- Self-Directed Investing Pricing
- Administrative Fees
Administrative fees
We keep our fees low so you can keep more of your money.
Accounts
Below is a list of our most common account fees.
| Open an account | free |
|---|---|
| Close an account | free |
| TFSA/RRSP/RESP/RRIF account | free |
| Inactivity fee (over $5,000 combined equity) | free |
| Inactivity fee (under $5,000 combined equity) 1 | $24.95/quarter |
| Full plan deregistration | $100.00 |
| Partial plan deregistration | $50.00 |
| Canadian controlled private corporations (CCPC) fee | $250.00 + $100.00/year |
| Lifelong learning plan (LLP) and Home buyer’s plan (HBP) partial deregistration | $25.00 |
| Lifelong learning plan (LLP) and Home buyer’s plan (HBP) full deregistration | $50.00 |
| Trading U.S. securities in your RESP | $5.00 USD commission added to first trade of the day |
Transfers & Withdrawals
The following fees are only charged when the specific action is taken. You may not see them on your monthly statement.
| CAD$ electronic fund transfer (EFT) up to $50,000.00 2 | free |
|---|---|
| USD$ electronic fund transfer (EFT) up to $25,000.00 2 | free |
| CAD$ wire transfer | $20.00 |
| USD$ wire transfer | $30.00 |
| International wire transfer | $40.00 |
| CAD$ and USD$ uncertified cheque | $50.00 |
| Certified cheque 3 | $75.00 |
| Stop payment | $25.00 |
| NSF cheque/returned items | $30.00 |
| Transfer out an account to another institution | $150.00 |
| Partial transfer of account to another institution | $25.00 |
| Estate settlement | $200.00/account |
Certificates
The following fees are only charged when the specific action is taken. You may not see them on your monthly statement.
| Deposit/Withdrawal at Custodian (DWAC) 4 | $300.00 |
|---|---|
| Certificate re-registration 5 | $300.00 |
| Rush certificate re-registration 5,6 | $450.00 |
| Certificate deposit (CSE, TSX, TSXV, NYSE and NASDAQ) | $300.00 |
| Rush certificate deposit (CSE, TSX, TSXV, NYSE and NASDAQ) 6 | $400.00 |
| Direct registration statement (DRS) deposit or withdrawal | $300.00 |
Documents
The following fees are only charged when the specific action is taken. You may not see them on your monthly statement.
| Electronic trade confirmation while logged into your account 7 | free |
|---|---|
| Electronic monthly statement (eStatement) | free |
| Copy of trade confirmation 7 | $20.00 |
| Copy of account statement 7 | $20.00 |
| Document retrieval | $20.00/document |
| Special courier (Canada) | $35.00 |
| Special courier (US) | $70.00 |
| Regular mail | $10.00 |
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Get answers to our frequently asked questions
What is an inactivity fee?
An inactivity fee is charged when the equity in all your accounts combined is under CAD $5,000 and you haven't made a commissionable trade in the quarter.
How do I transfer an account from another financial institution?
All you have to do is to initiate the transfer under Funding > Transfer Account. Once you initiate the transfer we will take care of the rest.
Are there any other hidden fees?
No. We pride ourselves in being fully transparent. With Questrade, you always know exactly how much you'll pay.
Questrade converts currencies and may apply a conversion rate. Any revenue earned is based on the bid and ask spread of the current spot rate market. QST and HST/GST are added where applicable. All administrative fees are in the currency of the transaction
in which they relate. Questrade neither endorses nor is responsible for the content on other company sites. Please visit our security
Questrade no longer accepts OTC BB (over-the-counter bulletin board) and pink sheet stock physical certificates, even if they can be transferred via DWAC
1 As of April 1st, 2015, an inactivity fee of $24.95 per quarter is charged to clients with under CAD $5,000 in combined total equity for any quarter in which the client does not complete one commissionable trade. Commissionable trades include free trades or trades made using commission rebates. Combined equity includes all accounts owned by a client and all assets in accounts linked in a myFamily group. Clients are exempt if they are 25 years of age or under, deposit $150 into their account per quarter or are subscribed to a level 1 (or greater) data package. Charitable organizations are also exempt. If the client trades in the quarter after incurring an inactivity fee, the trades will be commission free up to $24.95, provided the account remains open at the end of the following quarter. For example, if a client incurs an inactivity fee on July 1st, any trades made in July, August or September will be commission-free up to $24.95.
2 In order to send an
3 A courier fee of CAD $35.00 within Canada or $70.00 to the U.S. applies if the cheque is not picked up in person. Certified cheques cannot be sent by regular mail.
4 DWAC is an electronic book-based deposit from the transfer agent.
5 For select
6 Rush certificates are processed on a priority basis.
7 Trade confirmations are available anytime while you're logged into your account. All your accounts are automatically registered for the service and you can create your own report filters based on account, date, and even by security symbol.