Questrade review
- Stock Trading Fee
- $0
- Monthly Account Fee
- $0
- FX Fee
- 1.5%
- Min. Deposit
- $0
- Available Asset Types
- Stocks, Bonds, Options, Mutual Funds, Index Funds, ETFs, Forex, GICs, Precious Metals, IPOs
Our verdict
Questrade offers low-cost investing and a range of trading tools to suit beginners and experienced traders alike.
Questrade is a popular stock trading platform and app with plenty to offer to Canadian investors. Its headline feature is commission-free stock and ETF trading, but you can also use Questrade to trade options, international equities, forex, CFDs and more.
We like the fact that Questrade is user-friendly and easily accessible for new investors, but that it also offers its Edge platform with advanced features for experienced traders. It's not without its shortcomings—some assets like bonds have a high minimum investment requirement, and day traders might prefer the high-end features of other trading platforms.
But Questrade is a solid pick for a wide range of investors, so it's well worth checking out if you're searching for the best stock trading platform in Canada.
Best for: Anyone looking for a low-cost trading platform.
Pros
-
No stock/ETF trade commissions
-
Instant deposits up to $10,000
-
Select free real-time quotes
-
Advanced trading tools
-
Supports fractional shares
-
Many types of securities & accounts (individual & corporate)
-
Market orders, limit orders, options and fractional shares
Cons
-
Minimum $5,000 for bonds, GICs and IPOs
-
No futures trading
-
Monthly subscription fee for real-time market data
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$9.95 mutual fund trading fee
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Some advanced features require a Questrade Plus subscription
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Limited joint account options
What is Questrade?
Questrade is a Canadian discount online brokerage where you can trade stocks, ETFs, mutual funds, options, forex and more. The platform supports cash and margin trading, while you also have the option to invest through a wide range of registered account types.
Questrade has separate trading platforms designed to suit beginners as well as advanced traders. You can trade online, using mobile apps, or via desktop software.
Questrade’s features
| Fees | Commission-free stock and ETF trading, with options as low as $0. Currency conversion and international stock trading fees apply. |
| Available securities | Trade stocks, ETFs, mutual funds, options, IPOs, precious metals and more. Canadian, US and international exchanges available. |
| Customer support | Toll-free phone support available in Canada 7 days a week. Live chat and email support are also provided, but support is not available 24 hours a day. |
| Mobile app | Choose from 3 mobile apps. There is a basic trading app, an app for advanced traders, and an app for FX and CFD trading. |
| Research and tools | Offers screeners, alerts, third-party analysis and commentary, and advanced trading tools. However, some features are only available with a paid subscription. |
| Reliability | No major recent outages reported. Some users complain about lag issues. |
Questrade is best for low-cost investing
If you’re a new investor and you want to trade stocks and ETFs commission-free, Questrade is definitely worth a look. It offers fee-free trading on a user-friendly platform, and there’s no minimum deposit requirement to worry about.
We also like the fact that Questrade lets you trade a variety of other assets and supports a wide range of account types. And as your investing knowledge grows, you can take advantage of the more advanced features Questrade offers with its Edge trading platform.
What can you invest in through Questrade?
- Canadian and US stocks
- Canadian and US ETFs
- IPOs
- International equities
- Mutual funds
- Bonds
- GICs
- Options
- Forex
- CFDs
- Precious metals
- Gold
Pros and cons of Questrade
Pros
- $0 commission trading. Questrade lets you trade US and Canadian stocks and ETFs with zero commissions.
- Fractional shares. Fractional shares are available on Questrade, so you can start trading with as little as $1.
- Trade a wide range of assets. From stocks and ETFs to options and foreign currency, you can trade a huge variety of assets with Questrade.
- Choice of trading platforms. Questrade offers a basic trading platform and mobile app that's easily accessible to new investors, plus the Questrade Edge online, mobile and desktop platform for advanced traders.
- Good range of research tools. From the latest news and analyst opinions to investment screeners and market commentary, Questrade offers a wide selection of resources to help you inform your investment decisions. Features include TradingView integration, the Trading Central Morning Brief newsletter, TipRanks stock rankings, and SeekingAlpha analyst commentary.
- Extended trading hours. Questrade supports US market trading from 4am to 2am, allowing you to take advantage of trading opportunities as they arise.
- Securities Lending Program. By joining Questrade's Securities Lending Program, you can earn monthly passive income on any eligible US securities you hold by loaning them out to other traders.
- Dual-currency accounts. Questrade accounts support CAD and USD, so you can hold, buy and sell securities with both currencies.
- No minimum deposit. Questrade self-directed investing accounts have no minimum deposit requirements.
- No inactivity fees. Questrade does not charge any account inactivity fees.
Cons
- Real-time data fee. You'll need to pay a monthly subscription fee to access real-time data.
- High minimums for some assets. IPOs, new issues, bonds and GICs all have a minimum investment requirement of $5,000$9.95 mutual fund fee. You'll pay a $9.95 fee per trade when you buy or sell mutual funds on Questrade.
- Subscription fee. Some features, such as custom alerts and advanced charts, require a monthly Questrade Plus subscription.
- No fractional Canadian shares. Fractional Canadian shares are not yet available on Questrade.
- No crypto trading. Unlike some other platforms, Questrade does not allow you to trade cryptocurrencies directly.
Questrade fees
Check out the table below for a rundown of Questrade’s key fees and charges.
| Fee | Amount |
|---|---|
| US and Canadian stocks and ETFs | $0 |
| International equities | 1% of trade value with a minimum of $195 |
| Options |
|
| IPOs | $0 (min. $5,000 purchase) |
| Mutual funds | $9.95 per trade |
| Bonds | $0 (min. $5,000 purchase) |
| GICs | $0 (min. $5,000 purchase) |
| Quest Metals | 0.25% per transaction |
| Precious metals | $19.95 USD/trade |
| Questwealth portfolio management fee | 0.25% on $250–$99,999 0.20% on $100,000+ |
| Currency conversion fee | 1.5% |
Is Questrade legit?
Yes, Questrade is a legit and reputable investing platform.
It is a registered investment dealer, a member of the Canadian Investment Regulatory Organization (CIRO) and a member of the Canadian Investor Protection Fund (CIPF
). Questrade’s CIPF membership means that you get up to $1 million of protection in the unlikely event of Questrade becoming insolvent.
Questrade trading platforms
Questrade offers several different web, mobile and desktop platforms for traders. The right one for you will vary depending on your investment experience and what you want to trade.
Questrade Trading and Questrade
Questrade Trading is the broker’s core web-based platform. It’s designed to allow you to place trades and monitor your investments with just a handful of clicks, so it’s well suited to beginners. It also comes with Learning Mode, offering educational resources to help new users learn more about using the platform and investing as a whole.
If you’d rather trade on your phone, you can download and install the free Questrade app. This highly-rated app offers a clean and streamlined user experience, making it easy to trade and track your portfolio on the go.
Questrade Edge
Edge is Questrade’s offering for traders who want access to advanced tools. It’s available as a web, mobile and desktop platform to suit your preferences, and it provides access to advanced order types like trailing stops and multi-leg options orders.
The desktop platform offers the most professional trading experience, with features like fully customizable layouts, advanced charting, custom screeners and TipRanks research tools.
It’s a capable platform and one that experienced traders will appreciate, but it doesn’t match the advanced order types and charting capabilities of a provider like Interactive Brokers.
That said, Questrade has a new advanced trading platform, Questrade Pro, that combines the features of Edge Web and Edge Desktop into a browser-based platform. Pro is currently in its beta phase.
Questrade Global
Global is Questrade’s forex and CFD trading platform. Available on desktop and mobile, it features live charting and technical analysis tools to help monitor markets and place trades, plus customizable watchlists and alerts. Global lets you access over 15 international exchanges, and there’s also a practice account available if you want to test out trading strategies before putting them into action.
Questrade Plus advanced trading tools
Questrade Plus is the platform’s optional premium subscription for self-directed investors. Priced at just more than $11 per month, it provides access to a host of trading tools designed to suit more experienced investors.
Features include real-time streaming data, unlimited free online share journaling (handy if you want to execute Norbert’s Gambit), a market heat map, a profit and loss calculator, and advanced charting with over 50 technical indicators. Plus, users can also set up custom SMS and email alerts, as well as access exclusive webinars and interactive demos to help them get the most out of the platform.
Managed investing with Questwealth portfolios
If you’d rather take a hands-off approach to investing, Questrade also offers a range of managed investment portfolios known as Questwealth portfolios. These portfolios provide access to a diversified selection of ETFs based on your investing goals and appetite for risk.
You can complete a 15-minute online questionnaire about your financial situation and risk tolerance, and you will then be matched with a portfolio that suits your goals. Options include the Aggressive Growth, Growth, Balanced, Income or Conservative portfolio, while Questrade also offers a selection of socially responsible investment portfolios.
In return for access to a managed portfolio, you’ll pay a management fee ranging from 0.2%–0.25%.
New Questrade features coming soon
In November 2025, Questrade made headlines when it announced the rollout of a host of new features for investors. The standout offering is a new web-based advanced trading platform, Questrade Pro, that will offer advanced charts, automatic pattern detection, AI assistance, a strategy builder and a customizable workspace. As of June 2026, the platform is in open beta.
Questrade also launched Quest Metals, which will allow investors to buy and sell physical gold. You will be able to start investing in the precious metal with as little as $5, and the gold you purchase is backed by physical gold stored at the Royal Canadian Mint.
Other Questrade features that have either already been rolled out or will be launched in the future include:
- Cash-secured puts available in registered accounts
- Custom indexing to allow you to modify an existing stock index to suit your investing strategy
- Fractional shares for Canadian stocks
- 24-hour overnight trading
- One-click portfolio rebalancing
Questrade app store reviews
| App | Apple App Store | Google Play |
|---|---|---|
| Questrade |
4.7 –
★★★★★ 19,290 reviews |
4.6 –
★★★★★ 12,201 reviews |
| Questrade Edge |
4.6 –
★★★★★ 4,860 reviews |
4.4 –
★★★★★ 4,191 reviews |
| Questrade Global | 2/5 stars based on 40 reviews | 2.9/5 stars based on 56 reviews |
Questrade customer support
There are a few options available when you need to contact customer support:
- Phone. You can phone Questrade toll-free within Canada Monday to Friday 7:30am to 8pm ET, and Saturday & Sunday 10am – 4pm ET. Separate support numbers are available for US and international callers.
- Live chat. Chat support is available during the same hours as phone support.
- Email. You can detail your support request in an email to the customer service team.
- In-person. The Questrade Centre is open Monday to Friday, 9am – 5pm on Yonge Street in North York, ON.
How to open an account with Questrade
Ready to open a Questrade account and start trading? Here’s what you need to do.
Step 1: Start your application
Visit Questrade and select Open an account. Provide your name, email address and phone number and create a password to set up your profile.
Step 2: Provide your personal information
Select a service (self-directed investing or Questwealth portfolios) and choose an account type.
Provide extra information like your date of birth, address, employment, income, Canadian tax residency status and Social Insurance Number to finish setting up your profile.
Step 3: Complete the application
Answer some additional questions about how you’re using the account and your preferred language. Review, accept and e-sign the customer agreements, then upload photo ID and any additional documents if required.
Step 4: Deposit funds
Log into your account and select Deposit from the Funding tab. Choose your payment method and then enter the amount you want to deposit.
Step 5: Start investing
Search for the stock or ETF you want to buy. Enter the quantity you want to buy and choose a market or limit order, then review all details of your transaction before confirming your purchase.
How safe is Questrade?
Questrade is a safe and secure trading platform. Founded in 1999 and headquartered in Toronto, it’s an established and fully regulated Canadian exchange.
When you open an account with Questrade, you get the peace of mind of CIPF protection. The platform also has a host of other security measures in place to help protect your funds.
This includes 256-bit SSL encryption, firewalls, multifactor authentication and suspicious activity alerts. Questrade’s Online Security Guarantee states that you’ll be 100% reimbursed for direct monetary losses due to unauthorized transactions, provided you’ve met your responsibilities.
Compare Questrade with other platforms
9.6 Excellent
Available Asset Types
Stocks, Bonds, Options, Mutual Funds, Index Funds, ETFs, Forex, GICs, Precious Metals, IPOs
Stock Trading Fee
$0
Min. Deposit
$0
Signup Offer
Get $50 cash back when you open a Questrade self-directed investing account through Finder. T&Cs apply.
7.9 Great
Available Asset Types
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, Precious Metals, IPOs
Stock Trading Fee
$6.95
Min. Deposit
$0
Signup Offer
Get 200 free trades for 2 years, using promo code EDGE2026. Valid until September 30, 2026.
8.6 Great
Available Asset Types
Stocks, Options, ETFs, Cryptocurrency
Stock Trading Fee
$0
Min. Deposit
$0
Signup Offer
Get a 1% match cash bonus on eligible $25,000+ transfers from other financial institutions to your Wealthsimple Self-directed Investing and Managed Investing accounts. T&Cs apply.
Bottom line
Questrade isn’t perfect, but there’s a lot to like about this Canadian discount brokerage. It’s user-friendly, supports $0 commission trading, and also offers advanced features for more experienced traders. If you’re searching for a stock trading platform, Questrade should be on your shortlist of options.
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