Get one month of free options contracts
Overview
As Canada’s largest independent brokerage with over 26 years of empowering investors, proudly 100% Canadian-owned, Questrade delivers exceptional value, cutting-edge tools, and a client-first approach. With $0 minimum investment, free advanced platforms, and low trading fees, it’s built for every kind of investor—from first-time traders to seasoned pros.
Pros
Research tools powered by TipRanks
$0 commissions on stocks, ETFs, and fractional shares
$0 + $0.99 per contract for options trading
No ECN, TFSA, RRSP, or account transfer fees
Securities Lending Program for passive income
Support in English, French, and Mandarin; 7-day customer service
Cons
No Cryptocurrency trading (though coming soon...)
Fractional shares only available for U.S. stocks and ETFs
Questrade Ratings
4.8/5
Get one month of free options contracts
Trading Opportunities: 4.8/5
Questrade provides full access to Canadian and U.S. markets, including direct market access (DMA), making it ideal for active and self-directed investors. It supports a wide range of assets—stocks, ETFs, options, bonds, futures, GICs, precious metals, and more.
Customer Service: 5/5
Questrade’s support team has earned the DALBAR Seal of Service Excellence for six years running. Agents are available seven days a week with extended weekday hours. Multilingual support (English, French, Mandarin) and robust educational content ensure that every investor—beginner or expert—feels supported.
Pricing and Fees: 4.9/5
With $0 commissions on stocks, ETFs, and fractional shares, and some of the lowest options trading fees in Canada ($0 + $0.99/contract), Questrade’s cost structure is hard to beat. There are no annual TFSA or RRSP fees, ECN fees, or switching costs. Additional tools like OptionsPlay and real-time data are included for free.
Mobile App: 4.7/5
Questrade’s mobile experience is split between QuestMobile (for all-in-one investing and education) and Questrade Edge Mobile (built for active traders). Both apps provide advanced order types, smooth execution, and real-time data. QuestMobile’s built-in Learning Mode is especially helpful for beginners.
User Experience & Perks: 4.8/5
Questrade’s platforms are advanced, intuitive, and packed with value-added features. IQ Edge on desktop offers customizable layouts, 10 chart types, 49+ technical studies, and DMA. The Securities Lending Program enables passive income without losing control of your assets, and margin power lets you increase buying power by leveraging assets in your TFSA—exclusively available at Questrade.
Final Verdict
Advertiser Disclosure
TipRanks may receive compensation from the brokers reviewed above in the form of affiliate links. This means that when users open accounts through the links provided on this site, TipRanks may earn a commission. We always aim to offer accurate, unbiased information to help users make informed decisions. Please note that past performance is not indicative of future results, and all investments carry inherent risks. Ensure you do your own research and consult with a financial advisor before making investment decisions.
