Exchanges and Electronic Communication Networks (ECNs) charge a fee to all market participants who use their networks, although participants who add liquidity are in some instances exempt. In addition, some exchanges add a surcharge for professional subscribers. In both cases, these charges are levied by the exchange, not by Questrade.
All market participants are subject to the following fees:
WebTrader, QuestraderWEB Beta and QuestraderPRO, and QuestraderELITE
Prices listed are in the currency of the applicable exchange or ECN.
| EXCHANGES & ECNS |
EQUITY TYPE |
LIQUIDITY* |
| ADDING ($/SHARE) |
REMOVING ($/SHARE) |
| NSDQ |
All trades |
FREE |
$0.003 |
| MNGD |
All trades |
FREE |
FREE |
| ARCA |
All trades |
FREE |
$0.004 |
| TSX1 & TSX Venture2 |
Equities ≥ $1.00 |
FREE |
$0.0037/share |
| TSX1 & TSX Venture2 |
Equities < $1.00 |
FREE |
$0.001/share |
| TSX |
Warrants & Rights |
FREE |
1/40 of 1% of the value of the trade; min $0.50; max $50.00 |
| TSX |
Notes & Debentures |
$0.10 per $1,000.00 par value per side |
| PURE3 |
Equities |
FREE |
$0.0037/share |
| NYSE/AMEX |
All trades |
$0.011 per share billable;
$0.00125 per share non-billable |
*Please review the definition of adding/removing liquidity on the applicable venue web site.
1TSX: Opening and extended-hours trades are billed at the continuous market removing liquidity rate
2TSXV: Opening trades are billed at the removing liquidity rate.
3PURE: Opening trades are billed on the same terms as the continuous market.