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Questrade fees and how they score

Cost is scored on what a trade actually costs all in, not on the headline spread. These are the figures behind Questrade's cost score.

Facts last checked . Read the full Questrade review.

What it costs to trade

Spread from
0.8 pips
EUR/USD spread
1.9 pips target
GBP/USD spread
Approx. 2.0 pips target
Commission
$0 on spot FX
All-in cost, EUR/USD
1.9 pips target
Spread type
Variable
Overnight swap
Both: overnight rollover/financing may be charged or credited
Deposit fee
Generally none
Withdrawal fee
Method-dependent
Currency conversion
1.5% on standard CAD/USD securities-account conversions

What this means

Cost is scored on what a trade actually costs all in, not on the headline spread.

Spreads from 0.8 pips suggest an all-in account, where the broker's fee is built into the price rather than charged separately. There is usually no commission on top, which makes the cost easier to predict.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

Questrade lists a minimum deposit of $0. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Questions about Questrade fees

What is the EUR/USD spread at Questrade?

Questrade records an average EUR/USD spread of 1.9 pips target on a variable pricing model.

Does Questrade charge commission?

Questrade's commission is $0 on spot FX. A commission account usually pairs with a tighter spread, so the two have to be read together.

What does Questrade charge to hold a position overnight?

Overnight financing at Questrade is recorded as both: overnight rollover/financing may be charged or credited.

Fees at brokers under the same regulator

More about Questrade