• You want to automate a Canadian-listed all-in-one ETF such as XEQT or VEQT. Questrade’s recurring plans do not reach Canadian-listed securities.
• You expect to move brokers again. Outgoing transfers are $0 against Questrade’s $150.
• You want free real-time streaming quotes at every tier rather than paying for a data package.
• You trade Canadian or US equity and ETF options: US$0 per contract at every tier, against Questrade’s CA$0.99 on Canadian contracts.
• You want chequing, a credit card, crypto, gold, futures, event contracts and tax filing in the same app.
• You want interest paid on chequing balances: 1.25%, 1.75% or 2.25% depending on tier.

No bonds, no GICs, no mutual funds. Index options are priced, from US$0.25 to US$1.00 per contract depending on the underlying.

• Commission: $0 on listed Canadian and US stocks and ETFs.
• Options: equity and ETF contracts are US$0 at every tier. Index options are priced: SPX and SPXW US$1, VIX US$1, NDX US$1.00, RUT and RUTW US$0.50, XSP US$0.25, DJX US$0.25. Early exercise and do-not-exercise are US$45 each; assignment and auto-exercise are $0.
• Currency conversion: 1.5% from a CAD account, applied on top of the WSII Corporate Exchange Rate, which is itself a live rate including a spread. Converting between CAD and USD accounts is tiered by size, from 1.5% under $10,000 down to 0% at $100,000 and above. Trading US securities from a funded USD account carries no conversion fee.
• USD Account: $10 plus tax per month with a 30-day free trial, included at Premium ($100,000) and Generation ($500,000).
• Zero-cost lines: account opening and closing, EFT in and out, outgoing transfers, inactivity and e-statements are all $0.
• Everything else: journaling $9.95, instant withdrawal 2.5%, futures US$1 plus US$0.02 NFA plus exchange pass-through, event contracts US$0.02, precious metals 1%, broker-assisted phone trade $45 (waived for Active Traders), paper statement $20, special requests $75 per hour, voluntary corporate action $50, manual wire $30, certificate withdrawal $250. GST, HST, QST and PST added where applicable.
• Beyond brokerage: the Visa Infinite and Infinite Privilege card is $20 per month, or $240 a year, waived at Premium and Generation or with $4,000 or more per month in direct deposits — separate from the prepaid Visa Platinum attached to chequing. Tax filing is Basic pay-what-you-want, Plus $40 plus tax, Pro $80 plus tax.

Source: Wealthsimple’s Trade fee schedule, pricing and active trading pages, read 9 September 2026.

• Standard conversion is 1.5%, embedded in the exchange rate applied rather than itemised. Questrade does not publish the size of any additional spread on top.
• Dual currency is enabled free, including inside registered accounts, so USD can sit in a TFSA or RRSP without a subscription.
• Journalling is $9.95 per online request, free and unlimited for Questrade Plus subscribers.
• Fractional shares cannot be journalled, which limits the technique at small balances.
• Questrade does not publish a settlement time for journalling, so no figure is quoted here.
• Recurring plans convert automatically at the 1.5% rate where the plan needs the other currency.

• 1.5% when converting from a CAD account, applied to the WSII Corporate Exchange Rate, which already includes a spread.
• Converting between your own CAD and USD accounts is tiered by amount: 1.5% under $10,000, 1.0% from $10,000, 0.5% from $25,000, and 0% at $100,000 and above.
• A funded USD account removes per-trade conversion on US securities entirely. It costs $10 plus tax a month unless you are at Premium or Generation.
• Norbert’s Gambit uses DLR and DLR.U only, is web-only, takes roughly two business days, and locks the shares as pending while it settles. The bid-ask spread still applies.
• Because the gambit needs an active USD account, the true base-tier cost is $9.95 plus tax on top of $10 plus tax per month.

• Scope: all S&P 500 constituents, all NASDAQ 100 constituents, the top 100 ETFs by assets, the top 50 ADRs by volume, plus select Canadian-listed stocks and ETFs. Questrade publishes no total count, so none is quoted here.
• Market orders only, day duration. No limit orders.
• Held to four decimal places, minimum buy $1.
• No voting rights.
• Cannot be transferred in kind to another broker and cannot be journalled — they must be liquidated first.

• Fractional shares are supported and integrate with recurring purchases and price alerts.
• DRIP is supported at every tier: eligible dividends are reinvested into the same stock or ETF within 24 hours.
• Questrade also offers DRIP, free. This is a tie, not a differentiator, whatever older comparisons say.
• Instant deposits go up to $50,000 on Core and up to $250,000 at Premium and Generation.

• TFSA, RRSP, Spousal RRSP, Locked-in RRSP, LIRA, LIF, RRIF, RESP and Family RESP, FHSA
• Individual and joint cash and margin, corporate cash and margin, partnership, sole proprietorship, trust and estate accounts
• Bonds, GICs and mutual funds alongside stocks, ETFs and options
• Quest Metals: physical gold stored at the Royal Canadian Mint in your name, 0.25% per transaction, no storage fee, purchases from $5
• Custom Indexing: free, no management fee, available in TFSA, RRSP, FHSA or cash accounts only
• Securities Lending: US securities only, revenue split 50/50, and loaned shares sit outside CIPF coverage with 100% cash collateral as the stated mitigation
• Pre-IPO and Private Credit, both gated to accredited or eligible investors resident in Canada outside Quebec, from US$5,000 and $5,000 respectively

• Non-registered, TFSA, RRSP, Spousal RRSP, FHSA, RRIF, LIRA, RESP, Crypto, Business and Margin accounts. No LIF.
• RESP is available both as a managed account and as a self-directed trading account
• Options, futures, prediction-market event contracts, gold bullion, crypto, IPO access, a portfolio line of credit and stock lending on a 50/50 split
• No bonds, no GICs, no mutual funds — that is the accurate limit, not “stocks and ETFs only”
• Chequing with interest at 1.25%, 1.75% or 2.25% by tier
• Visa Infinite and Infinite Privilege card at $20 a month, waived at Premium and Generation or with $4,000 or more in monthly direct deposits
• Tax filing: Basic is pay-what-you-want, Plus is $40 plus tax, Pro is $80 plus tax

• Questrade Pro: browser-based, live, free to all customers and generally available. Level 2 depth, one-second candles, automatic pattern detection, Options Radar, a strategy builder, hot keys and a performance dashboard.
• Flows: rule-based automation inside Questrade Pro — buy the dip, cash sweep, concentration trim — pausable at any time and configurable to require sign-off before executing.
• Questrade Trading and QuestMobile: the main web platform and mobile app.
• Questrade Edge and Edge Mobile: still available, and still the requirement for direct order routing, though Questrade’s current marketing leads with Questrade Pro.
• Free research integrations include TipRanks, Seeking Alpha, OptionsPlay, Morning Brief, screeners and Level 1 data. Advanced charts, the P&L calculator, Market View and custom alerts sit behind Questrade Plus.

• Sub-day intervals, candlesticks, moving averages, RSI and VWAP.
• Trade direct from the chart, including setting take-profit levels, with a watchlist, holdings and pending-orders panel and hot keys.
• Multi-leg options: vertical and calendar spreads, covered calls, secured puts.
• Free real-time streaming quotes at every tier — no data package to buy.
• 24/5 trading on US stocks, from Sunday 8pm to Friday 8pm ET, and 24/7 on gold and crypto.
• Active Trader status at 50 or more trades a month brings priority support, free phone trades, a $0 crypto spread and beta access.

• Management fee 0.25% from $250 to $99,999, and 0.20% at $100,000 and above. Calculated daily, charged quarterly.
• Minimum investment $250.
• Underlying ETF MERs of 0.09% to 0.12% on standard portfolios and 0.20% to 0.24% on SRI, giving an all-in cost of roughly 0.34% to 0.37% standard and 0.45% to 0.49% SRI at the 0.25% tier.
• A currency exchange fee of 100 pips is added to the rate whenever USD is bought or sold inside the portfolio — a different fee from the 1.5% self-directed rate.
• Five portfolios: Aggressive, Growth, Balanced, Income, Conservative.

• Classic service fee of 0.5% on Core, 0.4% on Premium, and 0.4% falling to 0.2% on Generation — the 0.2% rate requires $10 million.
• Automated Investing at 0.25%, capped at $250 per account per year.
• Underlying fund costs sit on top in both cases, as they do at Questrade.
• The cap on Automated Investing is the structural difference: above roughly $100,000 in one account, the fee stops growing.