Questrade-Some important Details about This Broker

WikiFX | 2026-04-20 22:23

摘要：　　Questrade, founded in 1999, is a well-known Canadian internet broker regulated by the CIRO. It provides a diverse selection of investment products, including stocks, ETFs, options, FX, CFDs, and more, as well as numerous account kinds customized to specific financial objectives.

Questrade Review Summary
Founded	1999
Registered Country/Region	Canada
Regulation	CIRO
Market Instruments	Stocks, ETFs, options, GICs, mutual funds, bonds, forex, CFDs, IPOs, international equities, precious metals
Demo Account	✅
Trading Platform	Questrade Trading (web), QuestMobile (iOS, Android), Questrade Edge (web/desktop/mobile), Questrade Global (forex & CFDs)
Minimum Deposit	$10
Customer Support	Live chat

Questrade Information

Questrade, founded in 1999, is a well-known Canadian internet broker regulated by the CIRO. It provides a diverse selection of investment products, including stocks, ETFs, options, FX, CFDs, and more, as well as numerous account kinds customized to specific financial objectives.

Pros and Cons

Pros	Cons
$0 commission on stocks and ETFs	No MetaTrader (MT4/MT5) support
Wide range of account types (retirement, TFSA, RESP, forex/CFD, corporate)	Some products (e.g., international equities) have high minimum fees
Advanced and user-friendly proprietary platforms	No Islamic (swap-free) accounts offered

Is Questrade Legit?

Yes, Questrade is legitimate. It is regulated by the Canadian Investment Regulatory Organization (CIRO) under a Market Maker (MM) license.

What Can I Trade on Questrade?

Questrade provides a wide range of investing products, including stocks, ETFs, options, GICs, mutual funds, bonds, FX, CFDs, IPOs, overseas equities, and precious metals.

Tradable Instruments	Supported
Stocks	✓
ETFs	✓
Options	✓
GICs	✓
Mutual Funds	✓
Bonds	✓
Forex	✓
CFDs	✓
IPOs	✓
Equities	✓
Precious Metals	✓
Indices	✗
Cryptocurrencies	✗

Account Type

Questrade provides a comprehensive range of live accounts designed to meet specific life and financial goals, such as tax-free, retirement, education, home savings, trust, corporate, margin, and forex/CFD accounts. It also offers demo accounts for practicing. However, there is no mention of Islamic (swap-free) accounts in their official publications.

Account Type	Suitable for
TFSA (Tax-Free Savings Account)	Individuals wanting tax-free growth & withdrawals
RRSP (Registered Retirement Plan)	Retirement savers looking for tax benefits
RESP (Registered Education Savings)	Parents saving for childrens education
FHSA (First Home Savings Account)	First-time homebuyers saving for down payment
Spousal RRSP, Locked-In RRSP, LIRA, etc.	Couples and retirees managing long-term funds
Trust Accounts (Formal/Informal)	Families or entities managing funds under trust
Individual & Corporate Forex/CFDs	Active forex and CFD traders, individuals or businesses
Margin & Cash Accounts (Individual, Joint, Corporate)	Traders and investors using leverage or cash trading

Questrade Fees

Questrade's overall fees are lower than many industry competitors, particularly for stock and ETF trading, which includes no commissions. Certain products, such as options, mutual funds, bonds, international equities, and precious metals, have specified fees or minimums.

Trading Product	Fee
Stocks	$0
ETFs	$0
Options	$0 + ¢99 per contract
Forex (FX)	Spread from 0.08 pips
CFDs	Spread from 0.08 pips
Mutual Funds	$9.95 per trade; deferred sales charge if withdrawn early
Bonds	Minimum $5,000 purchase
GICs	Minimum $5,000 purchase; fees if withdrawn early
International Equities	Minimum $195 + exchange/stamp fees; ~1% of trade value
IPOs / New Issues	Minimum $5,000 purchase; free to buy
Precious Metals	$19.95 USD per trade

Non-Trading Fees

Non-Trading Fees	Amount
Deposit Fee	0
Withdrawal Fee	0
Inactivity Fee	0

Trading Platform

Trading Platform	Supported	Available Devices
Questrade Trading	✔	Web
QuestMobile	✔	iOS, Android
Questrade Edge	✔	iOS, Android, Windows, macOS, Web
Questrade Global	✔	Web
MetaTrader (MT4/MT5)	❌	—

Deposit and Withdrawal

Questrade does not impose any deposit or withdrawal fees. When making an Instant amount via Visa Debit or Interac, the minimum amount is $10 (CAD).

Deposit Options

Deposit Method	Minimum Deposit	Deposit Fees	Deposit Time
Visa Debit (Instant)	$10 CAD	0	Instant (up to daily limit, e.g., $10,000)
Interac e-Transfer	$10 CAD		Instant (within banks transfer time)
Bank Transfer (Bill Pay)	$50 CAD		1–2 business days
EFT (Electronic Funds Transfer)	$50 CAD		1–2 business days

Withdrawal Options

Withdrawal Method	Withdrawal Fees	Withdrawal Time
EFT	0	Up to 5 business days
Wire Transfer		Varies by bank
Request Withdrawal (online)		Depends on withdrawal method