Brokers and commissions

[Canuck_Dave]

@Kim and my other fellow Canadian traders I am curious if any one has picked up on Questrade's $0 commissions?  It looks legitimate even the fine print.  Monthly subscriptions of 9.95 and 11.95 look like they will cover CAD and US stocks and US options.  Set up 2 margin accounts but have not funded them yet as I have been checking on the power of its API to feed data to some apps I have been developing.  IB restricts this to one account per user (or at least that is the case based on my research) whereas Questrade will work for at least 2 which meets my needs.  If any one else has set up an account with Questrade I would be interested on their thoughts to open and start trading with them.  

Thanks

[Kim]

1 minute ago, Canuck_Dave said:

@Kim and my other fellow Canadian traders I am curious if any one has picked up on Questrade's $0 commissions?  It looks legitimate even the fine print.  Monthly subscriptions of 9.95 and 11.95 look like they will cover CAD and US stocks and US options.  Set up 2 margin accounts but have not funded them yet as I have been checking on the power of its API to feed data to some apps I have been developing.  IB restricts this to one account per user (or at least that is the case based on my research) whereas Questrade will work for at least 2 which meets my needs.  If any one else has set up an account with Questrade I would be interested on their thoughts to open and start trading with them.  

Thanks

No, I wasn't aware of their new structure.

[ykotowitz]

On 8/10/2026 at 10:41 AM, Canuck_Dave said:

@Kim and my other fellow Canadian traders I am curious if any one has picked up on Questrade's $0 commissions?  It looks legitimate even the fine print.  Monthly subscriptions of 9.95 and 11.95 look like they will cover CAD and US stocks and US options.  Set up 2 margin accounts but have not funded them yet as I have been checking on the power of its API to feed data to some apps I have been developing.  IB restricts this to one account per user (or at least that is the case based on my research) whereas Questrade will work for at least 2 which meets my needs.  If any one else has set up an account with Questrade I would be interested on their thoughts to open and start trading with them.  

Thanks

I have opened a Questade account a few weeks ago and did some trades. It is indeed free for US options trades, which makes a significant gain for small value trades. I have not compared executions with interactive brokers,  but the executions seem to be in line with IB quotes. 

However, the data for options is poor. The bid and ask figures for combo trades are simply the sum of the bids and asks for the legs, unlike IB. As well, I can not find a way to chart combo trades. Placing orders for option trades is clunkier than IB, but manageable. I found it necessary to keep my IB account for data and charting even though I conduct most trades on Questrade. 

If anyone else has tried the service, I would like to hear about their experience.

Thank you