Questrade
Questrade | Forex And CFD Fees | Pricing. FX & CFD fees Low fees. Dedicated support. With Questrade, you always know exactly what you’re paying and why. We’ll never hide our fees. Keep more of your money with Questrade. Trade currencies, commodities, global stock CFDs and more with low spreads and low commissions.
Foreign exchange
With Questrade, you get competitive pricing on over 110 currency pairs with target spreads of as low as 0.8 pips under normal market conditions. Keep in mind that the total transaction cost of an FX trade consists of the trading spread you pay, which may vary from the target spread.
Contracts for difference
CFD pricing for commodities and indices is derived from the reference price of the underlying asset. The total transaction cost of a CFD trade consists of the trading spread you pay, which may vary from the target spread. Stock CFDs are priced with a commission and minimum payment.
Full transparency in our fees
Nobody likes surprises especially on their monthly statement. In the interest of being fully transparent and forthcoming with our pricing, we’re listing all the fees that you could possibly incur as a Questrade customer. The following fees are based on specific actions you take, so you may never see them but if you do, rest assured we’re keeping them low.
- Rollover costs: You will be charged a rollover cost for any position that remains open after 5 p.m. ET. Rollover costs vary depending on the product you are trading.
- CFD expiration: CFDs on commodities and indices follow an expiration calendar. CFDs on gold, silver and currencies do not expire and are rolled over daily at 5 p.m. ET.
- CFD carrying cost: Overnight positions in Expiring CFDs are subject to a carrying cost. The carrying cost is calculated on the basis of the daily margin requirement and applied when a position is held overnight. The carrying cost varies depending on the CFD, for the cost of a specific CFD call us at 1.866.980.9591.
- CFD finance cost: As non-expiring CFDs are margined products, you finance the traded value through an overnight credit/debit charge. This only applies when you hold a non-expiring CFD position overnight. If you open and close a CFD position within the same trading day, you are not subject to overnight financing. The credit/debit charge varies depending on the CFD, for the cost of a specific CFD call us at 1.866.980.9591.
Why Questrade
It’s time to switch. Thousands of Canadians have said yes to lower fee investing by making the switch to Questrade. Join them and retire up to 30% wealthier. Reasons to Switch TOP REASONS TO MAKE THE SWITCH TO QUESTRADE
- Invest on your own time: Set up an account in minutes. Fast, easy-to-use mobile and web apps
- Great for new investors: Start small and try it out. Get a pre-built portfolio.
- Low fee investing: Every dollar saved compounds over time. Monitor performance online anytime.
- You’re protected and secure: We’re regulated like the bank’s brokerages. Additional $10 million private insurance
