Qtrade Commission & Fee Schedule

QTRADE INVESTOR COMMISSION & FEE SCHEDULE

For a printable version, click here .

Equities

Online:	$27.00 Minimum
Stock Price	Number of Shares	Commission Rate
$1.00 or less	5,400 or less Over 5,400	$27.00 $0.005/share
$1.01 - $5.00	1,400 or less Over 1,400	$27.00 $0.02/share
Over $5.00	1,000 or less Over 1,000	$27.00 $0.03/share


By Phone:	$40.00 Minimum
Stock Price	Commission Rate
$0.00 - $0.245	2% of principal
$0.25 - $1.00	$30+ $0.005/share
$1.01 - $2.00	$30+ $0.02/share
$2.01 - $5.00	$30+ $0.03/share
$5.01 - $10.00	$30+ $0.04/share
$10.01 - $20.00	$30+ $0.05/share
$20.01 - and over	$30+ $0.06/share

Maximum commission for online equity orders is 1.5% of the principal value subject to the minimum commission of $27.00. Only the minimum applicable commission is charged ($27 online/$40 phone) for transactions with a principal value of $3,500 or less. Full commission charges apply for each partial fill except when transacted on the same business day. Equities priced in US dollars are charged US dollar commissions.

Options

Online:	$30.00 Minimum
Option Price	Number of Contracts	Commission Rate
$2.00 or less	20 or less Over 20	$30.00 $1.50/contract
$2.01 - $4.00	15 or less Over 15	$30.00 $2.00/contract
Over $4.00	10 or less Over 10	$30.00 $3.00/contract

By Phone:	$40.00 Minimum
Option Price (CDN or US)	Commission Rate
$0.00 - $1.00	$30+ $1.00/contract
$1.01 - $2.00	$30+ $1.50/contract
$2.01 - $3.00	$30+ $2.00/contract
$3.01 - $4.00	$30+ $2.50/contract
$4.01 - $5.00	$30+ $3.00/contract
$5.01 - and over	$30+ $3.50/contract

The online commission schedule applies to each side of spread and combination orders. For assignments and exercises, the By Phone section of the Equities commission schedule will apply. Options priced in US dollars are charged US dollar commissions.

Bonds

Canadian OTC Bonds:

No commission is charged on Canadian OTC (over the counter) bonds such as Government of Canada, corporate or provincial bonds (except on option exercises and assignments).

Bonds

US and Exchange Traded Debentures:
Par Value	Commission Rate
$0 - $49,999	$40+$1.50/ 1,000 par value
$50,000 and over	$40+$1.00/ 1,000 par value

Debentures priced in US dollars are charged US dollar commissions.

Mutual Funds

No Load Funds:
There are no fees on the purchase of most no load mutual funds.

Front Load Funds:
There are no fees on the purchase of most front load funds.
Note: A $27 transaction fee is charged on the redemption of No Load and Front Load funds (except select Money Market Funds).

Deferred Load Funds:
There are no fees on the purchase or redemption of deferred load mutual funds.

Mutual fund managers may apply a deferred sales charge based on their pre-set redemption schedule.

Note: Mutual fund companies may assess additional fees such as set-up fees or early redemption fees. Please refer to each mutual fund's simplified prospectus before investing.

Fee Schedule


Registered Account charges (assets under $25,000/ assets over $25,000)	$40 per year/No Fee
RESPs (assets under $25,000/ assets over $25,000)	$50 per year/No Fee
Formal Trust Accounts	$100 setup + $50/yr after first year
Swaps (per security)	$27.00
LIF, RIF, LRIF scheduled payments	No Fee
LIF, RIF, LRIF additional payments*	$25.00
Partial RSP de-registration	$25.00
Full RSP de-registration	$50.00
Transfer out fee	$95.00
IPOs purchased through Qtrade	$20.00 per account receiving new issue
Certificate registration (customer name)	$50.00
Confirmation replacement	$5.00
Statement replacement	$10.00
Dishonoured items	$25.00
Investigative account inquiries	$30.00/hour (min. $30.00)
Account closure (within first year only)	$50.00
Dormant account closure (less than $100 in assets and no activity for one year)	$25.00
One-time sales (excluding commission)	$50.00

* All payments arising from: (i) changes in LIF, RIF, LRIF and SRIF scheduled payments; and (ii) a LIF, RIF, LRIF or SRIF that are above the minimum amount payable, will be considered an "additional payment", unless such payments are requested by January 1 in a given year and assets are held with Qtrade Investor by close of business December 31 of the previous year.

Qtrade Investor reserves the right to pass through any execution fee charged by any Exchange, Electronic Communication Network (ECN), regulatory body, or securities commission.

Please note that fees are subject to taxes where applicable.