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FOR TRADERS WHO'VE OUTGROWN SIMPLE

Entry-level tools only get you so far. Maximize your returns by mixing a platform built for the performance-obsessed with options contract pricing as low as $0.

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Fast order entry and execution

Unreliable platforms hold you back. Ours is different. Trade with the confidence of knowing you can act when it matters most.

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Simpler apps can leave more to chance

If you can’t see the market moving, you can’t capitalize. Get better data, tools—and the confidence your order will execute fast, every time.

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Trade more, pay less

Unlock market-leading pricing and access to pro-level Trade Desk support as your trade volume increases.

Contractsper monthCost perUS contract1USD margin:prime -2.5%2SignatureTrade Desk
0 - 250$ 0.99✕✕
251 - 500$ 0.75✕✕
501 - 1,000$ 0.50✕✕
1,001 - 2,500$ 0.40✓✕
2,501 - 5,000$ 0.30✓✕
5,001 - 10,000 $ 0.20✓✓
10,001 - 50,000$ 0.15✓✓
50,001+$ 0✓✓

How it works

Options contract fees are calculated based on how many US options trades you do each month across all your Questrade accounts. As you reach bigger trading milestones, your contract cost goes down. For example, here is the breakdown if you executed 800 contracts this month:

  • First 250 contracts: $ 0.99 USD
  • Next 250 contracts: $ 0.75 USD
  • Final 300 contracts: $ 0.50 USD
Contracts per month 0 - 250
Cost per US contract1 $ 0.99
USD margin: prime -2.5%2 ✕
Signature Trade Desk ✕
Contracts per month 251 - 500
Cost per US contract1 $ 0.75
USD margin: prime -2.5%2 ✕
Signature Trade Desk ✕
Contracts per month 501 - 1,000
Cost per US contract1 $ 0.50
USD margin: prime -2.5%2 ✕
Signature Trade Desk ✕
Contracts per month 1,001 - 2,500
Cost per US contract1 $ 0.40
USD margin: prime -2.5%2 ✓
Signature Trade Desk ✕
Contracts per month 2,501 - 5,000
Cost per US contract1 $ 0.30
USD margin: prime -2.5%2 ✓
Signature Trade Desk ✕
Contracts per month 5,001 - 10,000
Cost per US contract1 $ 0.20
USD margin: prime -2.5%2 ✓
Signature Trade Desk ✓
Contracts per month 10,001 - 50,000
Cost per US contract1 $ 0.15
USD margin: prime -2.5%2 ✓
Signature Trade Desk ✓
Contracts per month 50,001+
Cost per US contract1 $ 0
USD margin: prime -2.5%2 ✓
Signature Trade Desk ✓

How it works

Options contract fees are calculated based on how many US options trades you do each month across all your Questrade accounts. As you reach bigger trading milestones, your contract cost goes down. For example, here is the breakdown if you executed 800 contracts this month:

  • First 250 contracts: $ 0.99 USD
  • Next 250 contracts: $ 0.75 USD
  • Final 300 contracts: $ 0.50 USD
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Custom strategies, no assignment fees

From single-leg to iron condors and everything in between, bring any strategy to life with customized option chains and no assignment fees.

Dual-currency accounts made for traders

No additional fee to hold, trade, and settle in both CAD and USD in a single, dual-currency account so you can avoid unnecessary conversion fees.

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1As low as $0/contract pricing applies to US Options only.

Questrade, Inc. will provide a refund on your 99¢ USD options contract fees, charged in United States Dollars (“USD”), based on the progressive options pricing tiers you get to during the calendar month of trading. The refund for each tier applies only to contracts executed within that tier. For example, fees for contracts that fall into tier 2 are refunded based on the tier 2 rate, and fees for subsequent contracts that fall into tier 3 are refunded based on the tier 3 rate, and so on. Please see our options pricing for details on each tier.Contract fee refunds will be paid out on the first business day of the month following the month in which the trades occurred. Refunds will be credited to the account(s) in which the eligible trades were executed. Other fees may still apply and are not covered by the refund. If a refund is paid into an individual RESP or Family RESP account, it will be credited in CAD equivalent of USD, as USD deposits are not available for RESP accounts.

U.S. margin rate discount will be applied to the following month’s margin interest, which occurs mid-month of the following month. For example, if you trade 1,500 contracts in November. On December 15th, your client statement will include the margin interest rate discount down to U.S. prime-2.5% for any USD debit balance maintained between November 16th to December 15th.

Options trading involves risks and is not suitable for all investors, as the special risks inherent to this type of trade may expose investors to potentially rapid and substantial losses.

Questrade, Inc. ("Questrade") takes no responsibility for the accuracy or the timeliness of the information provided by OptionsPlay. Questrade does not accept liability in connection with any OptionsPlay content. The information displayed does not constitute advice or a recommendation by Questrade and does not represent the view or opinions of Questrade.

Orders placed outside of standard market hours are processed immediately upon market opening. Excludes market closures and unforeseen events.

Questrade may close or modify fractional share positions in stocks or ETFs no longer eligible for fractional trading at any given time. Questrade Fractional Shares Disclosure Statement

Stocks displayed are for illustrative purposes only.

2 U.S. Prime Rate. For up to date U.S. Prime Rate, go to our pricing page.