Questrade Logo

Questrade Canadian stocks trading availability

Your expert
Adam N.
Fact checked by
Tamás D.
Updated
1d ago
Personally tested
Data-driven
Independent

Can I buy Canadian stocks at Questrade as of December 2024?

Curious if you can tap into the Canadian market through Questrade? We’ve got the answer for you.

Great news: you can trade Canadian stocks at Questrade. So if you're looking to put some Canadian spirit into your portfolio, you're in the right place.

Buying Canadian stocks is a good way to diversify your portfolio (AI-generated image)
All you need to know about trading Canadian stocks at Questrade
Adam
Adam Nasli
Trading • Safety • Market Analysis

Together with my brokerage analyst colleagues, I thoroughly tested the services of Questrade by opening a real-money account and executing actual trades on its platforms. Here’s what you need to know about trading Canadian stocks at Questrade:

  • Questrade is among the few global brokers where you can trade stocks on the Toronto Stock Exchange (TSX).

  • Trading in Canadian stocks is rarely free, so expect to pay a fee.

  • Check out the best brokers for Canadian stocks to see your top available options.

Before we begin, let's see if Questrade is available in your country:

No, you can't open an account at Questrade if you live in the United States!

Visit broker

Overall score
4.3/5
Minimum deposit
$1,000
Stock fee
Low
FX fee
Average
Inactivity fee
no
Account opening
1 day
Want to unlock your perfect broker match?
Sign up to receive and save your personalized broker recommendations!

Questrade is one of the select brokers where you can trade Canadian stocks

Let’s say you are an adventurous investor, sipping your morning coffee while scanning global markets. You’re tired of the same old US and European stocks and want to diversify your portfolio to include companies from less major markets. So you start to wonder, “Where can I trade Canadian stocks, which brokers offer this?”

Well, open a bottle of fine whisky, because Questrade is among the small number of global brokers where you can trade Canadian stocks. If you want to diversify your investments by investing in this North American stock market, Questrade is a good choice.

The Toronto Stock Exchange (TSX) is Canada's primary stock exchange, based in Toronto. It is known for its large number of listings, including many mining and oil companies. The S&P/TSX Composite Index is the main benchmark. Over 1,500 companies are listed on the TSX.

Trading Canadian stocks usually carries a fee

While you might be able to trade stocks commission-free at many brokers for major markets like the US and Europe, this isn't the case for all stock markets. So, if you're eyeing stocks from a less common market, like Canada, expect to pay a bit extra. It's kind of like when you go to a specialty store for a unique beer – the rare stuff usually costs more.

Now let’s check out exactly what fees you will face when trading Canadian stocks at Questrade:

Canadian stock trading fees at Questrade: CAD 0.01 per share, min. CAD 4.95, max. CAD 9.95; buying ETFs is free, selling costs CAD 0.01 per share

Alright, let's take a closer look at what Questrade has to offer overall. Here’s a handy table that breaks down all the essential details:

Questrade main highlights
💰 Questrade stock fee class Low
📃 Questrade number of available stock markets 8
💰 Questrade minimum deposit $1,000
💰 Questrade inactivity fee No
📃 Questrade deposit methods Bank transfer, Credit/debit cards, Interac Online
🗺️ Country of regulation Canada
🎮 Questrade demo account provided Yes

Data updated on December 10, 2024

Browse the best competitors for trading Canadian stocks

Not fully satisfied with Questrade overall? Wondering if there is another broker that also offers Canadian stocks, but with better overall service and conditions?

Head over to our toplist of the best brokers for trading Canadian stocks to explore Questrade’s top competitors for diversifying your portfolio with stocks from Canada. Browse through our curated selection of top-notch brokerages to see if you can go one better than Questrade!

FAQ

What is the largest stock exchange in Canada?

The largest stock exchange in Canada is the Toronto Stock Exchange (TSX), where more than 1,500 companies are listed.

Can I invest in the Canadian stock market?

There are no limitations in general to invest in Canadian stocks. All you have to do is find a broker that makes this market available for you.

What are the fees for trading Canadian stocks?

The exact fee varies by broker. But expect to pay some type of commission - usually, brokers will set a percentage fee of the trade value, and also charge a minimum fee. For example, 0.2% of trade value, with a minimum of CAD 10.

Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.

Got questions?
Engage with our growing community of traders and investors like you to find your answers.
Join now

Further reading

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

author
Adam Nasli
Author of this article
I bring extensive financial expertise as one of BrokerChooser's earliest team members. Personally, I tested nearly all 100+ brokers on our site, opening real-money accounts, executing trades, assessing customer services, and providing firsthand assessment. My professional background includes roles in the banking sector and a degree from Central European University, where I teach finance. My passions lies in in-depth research of the financial industry, building trading algorithms, and managing long-term investments.
Media mentions
×
I'd like to trade with...