Smaller price, bigger value

Our low commissions help you manage your trading costs, and keep more of your dollars invested.

Free for all accounts

  • eStatements and eConfirmations
  • Electronic funds transfer
  • Dividend re-investment plans (DRIPs)
  • LIF, RIF and LRIF scheduled payments
  • Customer support

Fees

Account fees

Administration fee 1

$25 / quarter
Waived if you hold $25,000; if you make a minimum number of commissionable trades; if you establish a recurring electronic funds contribution of $100 a month or more; or if you qualify for our Young Investor offer. Learn more.

Formal trust accounts

$100 setup +
$50 / year after first year

Account closure

$100 (within first year only)

Account transfer out

$150

Documents

Electronic statements / confirmations

Free

Paper trade confirmations 2

$2.50 / trade

Paper account statements 2

$6 / quarter (waived for Investor Plus)

Registered accounts

U.S. dollar registered accounts —
RSP, RIF and TFSA

US $15 / quarter / account

LIF, RIF, LRIF additional payments 3

$50 (scheduled payments are free)

Partial registered account de-registration

$50 (excludes RESP and TFSA, includes HBP and LLP)

Full registered (includes HBP and LLP) and TFSA account de-registration

$125

Trading

Swap

$45 / security

Credit sell out

$20 (plus phone commission rate)

One-time sales

$50 (excluding commission)

Foreign depository (outside Canada and U.S.) settlements

US $100 / transaction

Administrative fees

Confirmation or statement replacement

$10

Dishonoured items

$40

Investigative account inquiries

$50 / hour (min. $50)

Physical certificate or direct registration system (DRS) withdrawals

$125

Estates

$250 min.

Safekeeping

$30 / certificate / month

Cheque requests

$10 / cheque, fee may apply

Certificate re-registration (includes GICs)

$50 / certificate

  1. The Administration Fee will be waived if any of the following apply:
    • You have at least $25,000 in assets as of the last business day of each calendar quarter
    • You completed at least 2 commission-generating equity or option trades during the immediately preceding calendar quarter
    • You completed at least 8 commission-generating equity or option trades during the immediately preceding 12 months
    • You add $100 or more to your account each month by recurring electronic funds contribution
    • You are 18-30 years of age and add $50 or more each month to your account by recurring electronic funds contribution
    • You have been a client for less than one calendar quarter

    Assets and trade counts are based on the combined total in all accounts within the same client ID. As well, please advise us if you share a household with another Qtrade Investor client, because the combined total of accounts with the same address can qualify for the fee waiver.

    If applicable, the fee may be charged to either a registered or non-registered account within the client ID. A client ID can consist of one or more account types including cash and margin along with TFSA and other registered accounts.
  2. The fee for paper account statements is charged per calendar quarter for each client ID that is not set up to receive eStatements for the full preceding calendar quarter. If applicable, the fee may be charged to either a registered or non-registered account within the client ID. The fee for paper trade confirmations is charged per executed trade (in the currency of the trade) to registered or non-registered accounts that are not set up to receive eConfirmations.
  3. 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 by close of business December 31 of the previous year.