Restricted Countries
Questrade primarily serves Canadians; U.S. residents generally cannot open accounts; international residents generally limited to Margin accounts, subject to exemptions/manual review.
Source Brokers
Canadian-owned multi-asset online brokerage and wealth platform offering self-directed stocks, ETFs, options, mutual funds, bonds/GICs, managed Questwealth portfolios, and separate FX/CFD trading via Questrade Global.
Stock BrokerEtf BrokerOptions BrokerForex BrokerForexStock CFDIndex CFDCommodity CFDMetal CFD
85
/100
Overall score
Overall score looks strong, with high-confidence evidence. Still verify country/entity terms.
Based on evidence21 sources
Trust
88Cost
86Withdrawal
78Read first
Decision summary
85
/100
Overall
Overall looks strong, with high-confidence evidence. Still verify country/entity terms.
Headline score from research fields, regulation evidence, and scoring payload.
Best for
Canadian investors trading Canadian/US stocks and ETFs · Options traders needing US equity, Canadian and index options · Investors wanting registered…
Watch out
Entity, country restrictions, and high-risk fee fields should be checked carefully.
Trust signal
Trust looks strong, with high-confidence evidence. Still verify country/entity terms.
Withdrawal signal
Withdrawal is usable, but check the supporting evidence and caveats.
Availability
Countries and restrictions
Availability can vary by legal entity, account type, and local regulation. Treat this as a shortlist signal and verify details with the broker before opening an account.
Evidence
Source-backed details
Trust5 fields
Regulators
Questrade, Inc. states it is a CIRO member; Questrade ID page cites CIRO and FINTRAC requirements; QWM registration categories are disclosed by Questrade.
SourceLicense Numbers
Specific registration or licence numbers were not disclosed in the checked official Questrade, CIRO, CSA, and CIPF sources; regulator/member category is verified instead.
SourceRegulated Entities
Questrade, Inc. is the registered investment dealer; Questrade Wealth Management Inc. is a registered Portfolio Manager, Investment Fund Manager, and Exempt Market Dealer for Questwealth Portfolios.
SourceNegative Balance Protection
No explicit negative balance protection claim found in official pages checked; margin/FX/CFD pages instead discuss margin calls, interest on negative balances, leverage and substantial risk of loss.
SourceInvestor Compensation
Questrade, Inc. member of the Canadian Investor Protection Fund (CIPF); CIPF directory lists Questrade, Inc.
SourceCost7 fields
Minimum Deposit
Self-directed: $0 to start/open, no minimum balance; Questwealth Portfolios: $250 minimum stated in account-types FAQ.
SourceSpread From
FX target spreads as low as 0.8 pips; published examples include EUR/USD 1.9, USD/JPY 1.9, USD/CAD 2.5; CFD target spreads vary by product.
SourceCommission
Stocks/ETFs $0 online; US equity options $0 contract fee; Canadian/index options generally $0.99 per contract; mutual funds $9.95; bonds $24.95; GICs no cost.
SourceMaximum Leverage
Securities margin marketed as up to 3x more buying power; FX/CFD exact maximum leverage requires manual review.
SourceDeposit Fee
Checked funding overview and administrative-fee pages did not disclose a Questrade deposit-fee schedule for standard funding methods; fees may be charged by sending institutions for wires/transfers.
SourceWithdrawal Fee
EFT withdrawals are free; wire withdrawals cost $20 CAD, $30 USD, or $40 international; other administrative withdrawal/transfer fees apply.
SourceInactivity Fee
Questrade states no inactivity fees for self-directed accounts and no inactivity fees on FX & CFD accounts.
SourceAvailability1 fields
Restricted Countries
Questrade primarily serves Canadians; U.S. residents generally cannot open accounts; international residents generally limited to Margin accounts, subject to exemptions/manual review.
SourceProduct5 fields
Tradable Assets
Broad asset lineup: stocks, ETFs, options, mutual funds, bonds/GICs, IPOs, precious metals, FX and CFDs, and managed portfolios.
SourceTrading Platforms
Mobile app for stocks/options/account management; Questrade Edge desktop/web/mobile for advanced trading; Questrade Global for FX/CFDs; Questrade Pro promoted as active trader platform.
SourceAccount Types
Self-directed and managed account lineup includes registered, non-registered, entity/trust, and FX/CFD account types.
SourceDeposit Methods
Funding methods include Instant deposit, bill payment, PAD, brokerage/bank transfer, wire, non-certified cheque, and DRS/stock certificate alternatives.
SourceWithdrawal Methods
Withdrawals overview identifies EFT as most popular and wire transfers as a faster paid option; EFTs can only be sent to Canadian bank accounts, wires can be sent internationally.
SourceBefore you decide
Things to verify
Negative Balance Protection
No explicit negative balance protection claim found in official pages checked; margin/FX/CFD pages instead discuss margin calls, interest on negative balances, leverage and substantial risk of loss.
Restricted Countries
Questrade primarily serves Canadians; U.S. residents generally cannot open accounts; international residents generally limited to Margin accounts, subject to exemptions/manual review.
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Broker research, not investment advice
Availability, fees, investor protection, and regulation can vary by country and legal entity. Verify the broker and regulator details directly before opening an account.