Competitive pricing and offers
Introducing $0 commission trades.
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
Formal trust accounts
$100 setup + $50 / year after first year
Account closure
$100 (within first year only)
Account transfer out
$150
Documents
Registered accounts
U.S. dollar registered accounts — RSP, RIF, TFSA (excludes FHSA)
US $15 / quarter / account
LIF, RIF, LRIF additional payments 2
$50 (scheduled payments are free)
Partial de-registration (withdrawal)
$50 (excludes RESP, TFSA and FHSA, includes HBP and LLP)
Full de-registration (withdrawal)
$125 (includes TFSA, HBP and LLP, excludes FHSA)
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)
Estates
$250 min.
Safekeeping
$30 / certificate / month
Cheque requests
$10 / cheque, fee may apply
Certificate re-registration (includes GICs)
$50 / certificate
Physical certificate or direct registration system (DRS) (Canada) per deposit / withdrawal
$150
Physical certificate or DRS (Canada) per rush request 3
$300
Physical certificate or DRS (U.S.) per deposit / withdrawal 4
$300
Physical certificate or DRS (U.S.) per rush request 3
$450
American Depository Receipts (ADRs)
Approximately $0.01-$0.03 per share (pass through fees)
All fees are charged in the currency of the trading account (for example, U.S. account fees are charged in U.S. dollars).
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.
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.
Rush requests are generally processed within 1-2 business days, however it may take longer in some cases. Not all DRS are available for rush requests.
U.S. Over-the-Counter (OTC) DRS or physical certificates are not eligible for deposit.