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Qtrade vs Questrade
The same facts side by side. Swap a broker from the menu under its logo; the best value in each row is marked.
- Qtrade leads
- 0
- Questrade leads
- 3
- Level
- 4
Of 7 scored facts, Qtrade leads on 0, Questrade on 3, and 4 are level. Countries and the offer are not scored.
Head-to-head
The best value in each row is marked; rows where every broker matches carry no mark.| Fact |  Qtrade |  Questrade |
|---|---|---|
| Fee per contract | $0.75 per contract | US$0 per contractBest |
| Qtrade, Exercise uses representative-assisted schedule | Questrade, Canadian contracts CA$0.99; index contracts US$0.99 | |
| Exercise and assignment | Exercise Representative rate; $45 minimum, assignment $30 | Exercise $24.95, assignment $0 |
| Approval | Naked | Naked |
| Qtrade, Up to naked short options | Questrade, Up to naked short options | |
| 0DTE | Not published | Yes |
| Index options (SPX) | Yes | Yes |
| Options on futures | Not published | Not published |
| Spreads in an IRA | No | No |
| Portfolio margin | Not published | Not published |
| Margin rate | Not published | Not published |
| Platforms | Web, Mobile | Web, Desktop, MobileBest |
| Paper trading | Not published | No |
| 24/7 support | No | No |
| Countries | Canadian residents only | Canadian residents; most US residents cannot open; most others margin accounts only |
| QuantWheel | Not connected | Sync-onlyBest |
| Questrade, Reads the account; you place the orders | ||
| Offer |
Facts from each broker's fee schedule and options agreement, checked 8 October 2026. Best marks the lowest cost or the widest allowance in a row.
The two brokers
One paragraph each.Qtrade$0.75 per contract · Exercise Representative rate; $45 minimum, assignment $30 · naked
Qtrade opens options accounts for residents of Canada only. It charges $0.75 per contract (Exercise uses representative-assisted schedule). Exercise costs Representative rate; $45 minimum, and assignment costs $30. It approves up to naked short options. It trades on Web, Mobile. It is not connected to QuantWheel.
QuestradeUS$0 per contract · Exercise $24.95, assignment $0 · naked
Questrade opens options accounts for residents of Canada only. It charges US$0 per contract (Canadian contracts CA$0.99; index contracts US$0.99). Exercise costs $24.95, and assignment costs $0. It approves up to naked short options. It trades on Web, Desktop, Mobile. QuantWheel syncs positions and trades from the account and suggests; you place the orders at the broker.
What each costs for the way you trade
A year of fees from each broker's published prices, checked 7 and 8 October 2026.
- Qtrade$5.55 a trade, 4.6% of your premium, fee not published
- $533 a year
- Questrade$0.01 a trade, under 0.1% of your premium
- $0.98 a year
at least $532 a year less at Questrade
Not counted because Qtrade does not publish them: clearing fee, options regulatory fee, SEC fee, live options quote price, inactivity fee. Not counted because Questrade does not publish them: clearing fee, options regulatory fee, FINRA trading activity fee.
Estimates from published fees. Your broker statement can differ, and brokers change fees. A fee a broker does not publish is never counted as $0.
Questions people ask
Qtrade vs Questrade