for clients joining us from Credential Direct.
Qtrade Fees
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Yes, once your account moves over, Qtrade’spricing and fee schedulewill apply. In comparison, their online trading commissions are lower at $8.75, and most fees are the same or lower.
Qtrade also offers special pricing foractive tradersoryoung investors.
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No. There is a $25 quarterly Account Administration Fee; however at Qtrade the threshold to have this fee waived is $25,000 per household. There are many additional ways to have this fee waived including:
- You have at least $25,000 in assets as of the last business day of each calendar quarter
- You completed at least 2 commission-generating equity or option trades during the immediately preceding calendar quarter
- You completed at least 8 commission-generating equity or option trades during the immediately preceding 12 months
- You add $100 or more to your account each month by recurring electronic funds contribution
- You are 18-30 years of age and add $50 or more each month to your account by recurring electronic funds contribution
- You have been a client for less than one calendar quarter
