ACCOUNT TYPES OFFERED

Registered Accounts

✓ TFSA
- US Dollar Account Available?
  
  ✓
- US Dollar Fee
  
  $15.00
✓ RRSP
- US Dollar Account Available?
  
  ✓
- US Dollar Fee
  
  $15.00
✓ RESP
- US Dollar Account Available?
  
  X

Non-Registered Accounts

✓ Cash
- US Dollar Account Available?
  
  ✓
- US Dollar Fee
  
  No fee
✓ Margin
- US Dollar Account Available?
  
  ✓
- US Dollar Fee
  
  No fee

ACCOUNT FEES & REQUIREMENTS

Registered Accounts

✓ TFSA
- Minimum Opening Balance
  
  $0
- Minimum Balance Required
  
  $0
- Annual Charge
  
  $100
- Transfer Out
  
  $150
- Withdrawals
  
  $0
- US Dollar Account
  
  15
- Fee Waiver Condition
  
  Annual Fee is waived for accounts with balance of $25,000 or more, or have completed 2+ trades in the preceding quarter or 8+ trades in the preceeding 12 months, or have recurring monthly contributions of at least $100; or investors aged 18 to 30.
✓ RRSP
- Minimum Opening Balance
  
  $0.00
- Minimum Balance Required
  
  $0.00
- Annual Charge
  
  $100.00
- Transfer Out
  
  $150
- Withdrawals
  
  Full: $125
  Partial: $50
- US Dollar Account
  
  15
- Fee Waiver Condition
  
  Annual Fee is waived for accounts with balance of $25,000 or more, or have completed 2+ trades in the preceding quarter or 8+ trades in the preceeding 12 months, or have recurring monthly contributions of at least $100; or investors aged 18 to 30.
✓ RESP
- Minimum Opening Balance
  
  $0.00
- Minimum Balance Required
  
  $0.00
- Annual Charge
  
  $100.00
- Transfer Out
  
  $150
- Fee Waiver Condition
  
  Annual Fee is waived for accounts with balance of $25,000 or more, or have completed 2+ trades in the preceding quarter or 8+ trades in the preceeding 12 months, or have recurring monthly contributions of at least $100; or investors aged 18 to 30.

Non-Registered Accounts

✓ Cash
- Minimum Opening Balance
  
  $0.00
- Minimum Balance Required
  
  $0.00
- Annual Charge
  
  $100.00
- Transfer Out
  
  $150
- US Dollar Account
  
  $0.00
- Fee Waiver Condition
  
  Annual Fee is waived for accounts with balance of $25,000 or more, or have completed 2+ trades in the preceding quarter or 8+ trades in the preceeding 12 months, or have recurring monthly contributions of at least $100; or investors aged 18 to 30.
✓ Margin
- Minimum Opening Balance
  
  $0.00
- Minimum Balance Required
  
  $0.00
- Annual Charge
  
  $100.00
- Transfer Out
  
  $150
- US Dollar Account
  
  $0.00
- Fee Waiver Condition
  
  Annual Fee is waived for accounts with balance of $25,000 or more, or have completed 2+ trades in the preceding quarter or 8+ trades in the preceeding 12 months, or have recurring monthly contributions of at least $100; or investors aged 18 to 30.
✓ Inactivity Fees
- Inactivity or Maintenance Fees
  
  $25/Quarter
✓ Fee Waiver Conditions
- Annual Fee is waived for accounts with balance of $25,000 or more, or have completed 2+ trades in the preceding quarter or 8+ trades in the preceeding 12 months, or have recurring monthly contributions of at least $100; or investors aged 18 to 30.

TRADING COMMISSIONS & FEES

Equity
- Minimum commission per trade
  
  $6.95
- Maximum commission per trade
  
  $8.75
- Standard commission per trade
  
  $8.75
- Best commission per trade
  
  $6.95
ETF
- Commission-free ETF Trading Available?
  
  ✓
Options
- Standard Base option commission fee
  
  $8.75
- Standard per contract commission
  
  $1.25
- Assignment and Exercise Commission
  
  $45.00 (min) [final fee varies according to stock price as outlined on broker-assisted fee schedule]

ONLINE BROKERAGE RANKINGS

Sorry, no data is available.

CONTACT

Website

https://www.qtrade.ca/en/investor.html?partner=sparx

Email

[email protected]

Phone

1-877-787-2330

Customer Service Hours

Mon-Fri: 8:30 am to 8 pm (ET)

Mailing Address

Qtrade Direct Investing 700 - 1111 West Georgia Street Vancouver, V6E 4T6

INDEX

ONLINE BROKERAGE REVIEW

Qtrade Direct Investing Review 2021

Quick Info

HIGHLIGHTS

Brokerage Breakdown

ACCOUNT TYPES OFFERED

Lorem Ipsum Dolorf

$0

Registered Accounts

✓ TFSA

US Dollar Account Available?

✓

US Dollar Fee

$15.00

✓ RRSP

US Dollar Account Available?

✓

US Dollar Fee

$15.00

✓ RESP

US Dollar Account Available?

X

Non-Registered Accounts

✓ Cash

US Dollar Account Available?

✓

US Dollar Fee

No fee

✓ Margin

US Dollar Account Available?

✓

US Dollar Fee

No fee

ACCOUNT FEES & REQUIREMENTS

Lorem Ipsum Dolorf

$0

Registered Accounts

✓ TFSA

Minimum Opening Balance

$0

Minimum Balance Required

$0

Annual Charge

$100

Transfer Out

$150

Withdrawals

$0

US Dollar Account

15

Fee Waiver Condition

Annual Fee is waived for accounts with balance of $25,000 or more, or have completed 2+ trades in the preceding quarter or 8+ trades in the preceeding 12 months, or have recurring monthly contributions of at least $100; or investors aged 18 to 30.

✓ RRSP

Minimum Opening Balance

$0.00

Minimum Balance Required

$0.00

Annual Charge

$100.00

Transfer Out

$150

Withdrawals

Full: $125Partial: $50

US Dollar Account

15

Fee Waiver Condition

Annual Fee is waived for accounts with balance of $25,000 or more, or have completed 2+ trades in the preceding quarter or 8+ trades in the preceeding 12 months, or have recurring monthly contributions of at least $100; or investors aged 18 to 30.

✓ RESP

Minimum Opening Balance

$0.00

Minimum Balance Required

$0.00

Annual Charge

$100.00

Transfer Out

$150

Fee Waiver Condition

Annual Fee is waived for accounts with balance of $25,000 or more, or have completed 2+ trades in the preceding quarter or 8+ trades in the preceeding 12 months, or have recurring monthly contributions of at least $100; or investors aged 18 to 30.

Non-Registered Accounts

Full: $125
Partial: $50