Questrade maintenance excess. 67%) of the capital gains are subject to tax.

Questrade maintenance excess 33 buying power per $1 of maintenance excess. excess) which is the amount before margin call. Its weird you have 2 maint excess values. 5% conversion rate, which is admirable and smart. As I'm setting up orders for the day I'm noticing my marging maint is in the negative and TFSA is untouched (all Canadian stocks I'm buying). Additionally, I did not have the buying power to be able to make these trades. Maintenance excess, or ME, shows you how much excess margin you have in your account. I wondering what comes out of my pocket in a buy transaction since Questrade has 250 minimum level to keep account in good stranding. Hence if you use up all your margin based on previous days calculation, you could easily get margin called the next day because values dropped throughout the day and was not reflected in the maintenance excess. Our review unpacks fees, promo codes & more. link your tfsa to your margin, increasing the buying power in your margin account. Questrade is an online brokerage firm and wealth management firm based in Canada. A positive maintenance excess is the amount of funds available, to trade or withdraw, above your margin requirement. com is actually down then you can resolve the issue by doing following: Wait for the site going up again. The 3. Error received? Down? Slow? Check what is going on. That’s why your balances are front-and-center as soon as you log into the Questrade platform. Theoretically speaking, the only downside to buying this exact option is the lost premium if it expires worthless otm/questrade makes it expire worthless if it's itm and I have zero cash and zero maintenance excess? So I could literally just purchase ten of these calls, set a sell limit order of 1 mill per call and wait until one week expiry. Is maintenance excess what I owe? Kinda scared. Now, I am trying to place an order on the NASDAQ. Exercising Options Hello everyone, I'm a relatively new trader and was looking at how to exercise my Options (just regular calls and puts) and in my research it seems I need enough Maintenance Excess (ME) to exercise them properly. If I already have a vertical put spread on a stock, and after a few days I create a vertical call spread on the same stock same spread same expiry to convert it into overall iron condor, would my ME go down again for the new trade? That's what's happening in Questrade. 59) USD. Learn more about the holidays and how they affect stock market closures and customer support availability. Try to have a cushion, because MR for stocks are calculated through Questrade’s MR, and they can change based on the risk profile Questrade assigns to it. The maintenance excess is the amount of money you have in your account over the minimum FINRA requirement. ly/2JiWbGP Wealthsimple: Get a Bonus $25 with Wealthsimple Trade https://bit. Oh and maintenance excess doesn't mean anything for a TFSA account, It's really only applicable if you're trading on Margin (Borrowing by leveraging) within a margin account, Although Questrade does offer a feature where you can link your Margin to a TFSA to utilize more buying power, but it's super risky IMO. How can I transfer my investments from Questrade to another brokerage? You can transfer your investments from Questrade to another brokerage by filling out a transfer request form and providing it to the receiving institution. Basically Questrade knows this thing could go tits up and want to make sure if shit hits the fan they have room to margin call you before they are the ones covering your short. When maintenance excess is positive, then your account is in good standing. I thought this only occurred when you have negative maintenance excess. As long as it is positive, you are good. Can someone explain Questrade's Margin Power with TFSA. Will the risk desk go by the static maintenance excess number or will they go by the real-time maintenance excess (RTME)? Been in this situation a number of times where the initial calculated margin excess will be negative, and i get the default notification just before open that i'm "in a margin call" yet the real time number will be back to positive usually because of erroneous AH bid/asks What is maintenance excess Questrade? Maintenance excess is a realtime number that lets you know the amount of excess cash and equity outside of your maintenance requirement. 31 in maintenance excess. Open a Tax-Free Savings Account (TFSA) with Questrade and grow your investments tax-free. Questrade will mostly email you and let you know that you are in Margin call, but again, it is you who should just keep an eye on your Maintenance excess. The change in maint excess (max cash allowance) is the total of these two values. How is this calculated? Let's say right now I have $3K cash and $2K worth of stocks (market value) for a total of $5K assets. S Balances and Reports Understand how to read your account balances and the reports pages to know more about your investments. e $778. I understand that. Questrade is not responsible for how you use this information to make investment decisions. Read today. 51 - $286 = $481. I have 3000 margin maint Excess and 35000 TFSA. In short, it can tell you how close you are to a required maintenance margin call. Learn More Aug 12, 2025 · Questrade Fees and Commissions Schedule (2025) Questrade hidden fees, commissions schedule, RESP withdrawal fee, broker trading/investing account maintenance cost. It’s commonly expressed as a percent of the current market value Jan 25, 2025 · The maintenance excess is how much excess margin I have in my account. Maintenance Excess and Buying Power Hi all, I'm looking for some information to understand maintenance excess, buying power and how options work against maintenance excess and buying power. Basically ME represent a fraction of your asset that you can borrow upon. Hi guys, I was wondering if anyone else has every been margin called when you still have a positive maintenance excess? I have margin power enabled and currently have a combined maintenance excess which is positive but they have margin called me anyways. I’m missing a balance today, got a margin call notification for it? I then proceeded to sell a 25k USD position and saw hardly any change on my balance? Yesterday EOD I had over 12k USD maintenance excess and 40k buying power even with this position open. For example, if the combined maintenance excess figure shows as negative (100), it means that you have to make a deposit to your account for that amount. 5 days ago · In our Questrade fees guide breakdown and examine the pros and cons of Questrade and their fee and commission requirements and account types. However, some stocks (of comparable stock price & contracts) use up WAY MORE margin than others! Does anybody know how this is calculated (or why this is)? Feb 23, 2009 · Hey guys, Sorry for bumping an old thread but I'm kinda confused about Maintenance Excess. I am trying to transfer my margin account from Questrade to Interactive Brokers. But then when I look at Maint. Jan 14, 2025 · Re: Questrade where to park cash? by Mordko » 16Nov2022 00:17 Sorry for not answering the question but for my own account, I consider parking cash in Questrade = voluntary donations to Questrade. You will typically get an email from us asking to pay back some of the amount. The most I would buy worth of stock would be $720 dollars at this cash level. Jan 1, 2024 · The Corporate Cash is a smart way to earn some money on excess capital for a company. For additional assistance, call us: 1-888-783-7866 I often read on CanadianInvestor about people trying to avoid Wealthsimple Trade's 1. Buying power is the total amount of money you have to purchase equities with. It is also showing my maint excess as 1000$ and buying power 3330$, so bassicaly they let me borrow 2330$ if I am understanding this correctly. New maint excess is what cash allowance I have left without activating the margin i. I also looked at my account on questrade and its missing "maintenance excess". Bought US stocks with CAD without realizing. This heat map shows where user-submitted problem reports are concentrated over the past 24 hours. For many investors, leveraging margin accounts can amplify potential returns and foster portfolio growth. com. CPA from Montreal trying to add value to my subscribers and viewers by sharing knowledge from my life experience. However, I also tend to read in these posts that buying US stocks/ETFs at Questrade is 'free', which is not true. Aug 5, 2019 · Thanks. When I check off the combine acc box everything is not red numbers : r/Questrade Go to Questrade r/Questrade • by [deleted] View community ranking Feb 3, 2025 · Discover Questrade's features, fees, and trading options in our comprehensive guide for beginners and experienced traders alike. Self-directed accounts is where people can trade stocks, ETFs, mutual funds, etc. We explain Questrade trading Margin Call, financial regulation, funding and withdrawal methods, what to look out for when buying and selling financial instruments using the A general rule of thumb, avoid letting your maintenance excess go below 0, if it goes below 0 you can deposit more money or sell a few shares. I suppose I have something to learn here? No problems at Questrade Questrade is an online brokerage firm and wealth management firm based in Canada. We would like to show you a description here but the site won’t allow us. In your example, your maintenance excess would have fallen by 30% of your cash purchase value. Today’s P&L includes profits and losses of positions that were Jun 2, 2014 · I mostly sell puts, and everytime I make a trade, it uses up some margin maintenance (I believe on ThinkOrSwim it's called "Buying Power Effect". Will questrade execute both at once? Or will it do it one at a time? I reckon this would lead to more issues with margin requirements and all that. In the balances table, Canadian dollars are represented as CAD, and US dollars are shown as usual. Understand the role of margin calls in trading. Many others have cheaper commission, margin rates, contract rates, etc The only reason I remain with Questtrade is Margin Power. ly/38EvMvI Income Taxes: FILE YOUR TAXES FROM THE COMFORT OF YOUR OWN Sep 12, 2013 · If your maintenance excess falls below zero, you will be in a margin call. We explain Questrade trading fees, financial regulation, funding and withdrawal methods, what to look out for when buying and selling financial instruments using the Questrade trading platform. You cannot use margin or borrow against your investments with a registered account in Canada, like for example the RRSP and the TFSA. If cash balance is already negative and the transfer causes it to become more negative you will pay more interest. Connect with us, M-F, 9:00 am to 5:00 pm ET. Is Questrade Down Outage Right Now? Questrade is a leading Canadian online brokerage platform, offering a range of investment and trading services. Margin requirements for securities vary due to market fluctuations. Start today! Aug 12, 2025 · Current Questrade margin rates: interest rates, fees, charged on margin account loans. As long as your maintenance excess is positive for the total funds you are okay. My maintenance excess doesn't make sense to me, and I recently had a margin call so I want to better understand so I avoid this. Nov 7, 2018 · The margin requirement is the minimum amount of maintenance excess you need to have in your account in order to enter a position. Calculating Maintenance Excess Take the difference between the total equity in your account and the margin requirements to hold the securities. 33. How do they arrive at this number? Questrade MARGIN POWER | Maintenance Excess & MORE! 💸 How One Mechanic's "Stupid" Wire Trick Made P-38s Outmaneuver Every Zero Nov 28, 2021 · Maintenance excess is a realtime number that lets you know the amount of excess cash and equity outside of your maintenance requirement. In your first post you say that you have a negative margin maintenance excess. Market value of stock 1 is $2500 and market Monitor your buying power or excess margin with real-time streaming to help avoid margin calls. The CAD and USD balances show your investment and cash denominated in the respective currencies. Among the myriad of options available, Questrade Margin stands out as a compelling choice for Canadians looking to maximize their investment strategies. Since I bought some stocks on margins, it looks like Questrade doesn’t want to process the transfer with Interactive Brokers (my maintenance excess is in good standing). However, it is important to know about various other charges involved which are explained as follows. MembersOnline • Ariesq ADMIN MOD Jun 19, 2024 · Understanding Questrade Margin: A Comprehensive Guide Venturing into the world of investing can be both exhilarating and daunting. When I go onto the app, it’s says my buying power and maintenance excess are (2. This process will rebalance your portfolio to your original portfolio allocation. Understanding your balances is key to managing a successful portfolio. So, the 15% foreign tax withholding only applies to that 8% ordinary dividend. If the markets are closed, this will show you the profits and losses of the last full trading day. What is a maintenance call fee? A maintenance call fee is a fee charged for holding short positions overnight. I’ve sold the option to recover some of the premium. It is Canada's largest discount broker. Jan 4, 2025 · Introduction to Questrade Questrade is one of Canada’s leading online discount brokerage platforms, offering a variety of investment services for both beginner and experienced traders. Questrade shows both the formulas for maintenance excess and buying power. Plus, with Questrade’s Margin Power, you can tap into the equity in your TFSA to fuel your most ambitious trading strategies. Learn about the most frequently asked questions (FAQ) about Questrade's 3% cash back offer. May 2, 2016 · The tool also enables traders to see how their maintenance excess and buying power are affected by variables they enter, without actually placing an order. Questrade outage and reported problems map Questrade is an online brokerage firm and wealth management firm based in Canada. So. I have $10,494. They provide balances for cad, usd, combined cad and combined usd. Learn about investment concepts, stock markets, goal focused investing, as well as Questrade basics and platform tutorials. Explore the perks of opening a corporate account with Questrade. Apr 2, 2011 · The Maintenance Excess is 1/3 of buying power, so around 3700. Hey I was reviewing the margin account examples here , and it looks like questrade changed "maintenance excess" to "buying power". Great staff (and I like Questrade) but have a preference for other causes. Does Questrade look at the "All in CAD" maint excess or at the total maint excess of each currency individually? I assume they look at the combined CAD and USD maint excess because I haven't received a margin call yet😅. 5K. N00b here. Hi all, I just want to quadruple check to make sure I'm not making any mistakes. Oct 23, 2025 · In our Questrade CFD guide breakdown and examine the pros and cons of Questrade and their CFD and commission requirements and account types. In addition, the calculator lets traders see the position Greeks of an option strategy. However, Questrade may liquidate or close your positions if you fail to comply with the terms of the margin call, including, in some cases, without notifying you first. In our Questrade Margin Call guide breakdown and examine the pros and cons of Questrade and their Margin Call and commission requirements and account types. Share your ideas, questions and insights. e. Feb 22, 2020 · It's always best to call them but the rules a while ago was that if your long option positions are ITM on the expiry date and your account has enough maintenance excess (ME) to exercise the option, no action is required on your part. . Your Maintenance excess is equal to you cash in your TFSA as you can't use margin. First I put in $2000 cash and bought a stock for $2500 with 50% margin requirement. The required maintenance call will be met once the aggregate maintenance excess across all related sub-accounts stays positive through the due date of the RM call. Questrade was founded on 1999. com ? Solve this Outage problem once and for all! Questrade will give you the opportunity to satisfy the deficiency on a best effort basis. Tip: Always double check the URL of log-in pages to keep your account secure. About Current Outage Q: What to do if problem is at my end? If questrade. Questrade says that’s because at the end of 2023, the ETF sent out the actual breakdown of the distributions - 91% return of capital and 8% ordinary dividend. Post an inquiry at its Sep 20, 2022 · What we like Questrade is a great option for investing online and lowering your investing fees all without compromising on platform or service. Is this a dangerous position to be in ? Shall I liquidate my stocks and return the borrowed money ? Go beyond your cash with a Margin account. When I click the combine check box it says my maintenance excess is red 3700 I’m pretty scared what does this mean? How is maintenance excess calculated when I sell a put? Sold TSLA put, margin requirement appears to be 40% but I can't figure out the formula being used. There are no monthly or annual account maintenance ''buying power'' and ''maint excess'' on Questrade trading ? hey guys so i deposited on Questrade (canada trading stock platform) to invest a bit. This usually happens with the maintenance excess amount falls below zero. Notes: I figured this out from math and know nothing about margin, so take it with a grain of salt. com Down for everyone else or just you? Can't access Questrade. com is up actually and appears down only for you then follow these troubleshooting steps or you can search for an alternative. With the informal trusts, formal agreements or documentations are not requirement. The deposit will help reduce the amount of money being borrowed from us. As you can borrow "100 percent" of your own cash, then your ME is your cash amount ;) as well as you buying power. Jul 5, 2023 · Questrade is a Canadian-based online brokerage offering a suite of investing & trading portfolios. Monitor your buying power or excess margin with real-time streaming to help avoid margin calls. com server? If questrade. Margin accounts can be tough to explain so in this video we are going to talk about maintenance excess, buying power, and what the different terms mean on Questrade. I am confused why these are negative because the value of my holdings has gone up slightly and I thought that with a TFSA they automatically convert CAD to USD instead of doing a loan like in a margin account. The maintenance excess becomes $533. Why is the Maintenance excess and buying power not updating? Monitor your buying power or excess margin with real-time streaming to help avoid margin calls. 67%) of the capital gains are subject to tax. Welcome to the official Questrade subreddit. That might be your problem. Questrade Trust Accounts There are 3 available trust accounts at Questrade – Individual informal trust, Joint informal trust and Formal Trust accounts. I have equity already in the account. With a user-friendly interface and competitive pricing, Questrade enables individuals to invest in stocks, ETFs, options, and more. Should I sell the stocks first before transferring? Hm, so your buying power first has to be negative or 0 before the maintenance excess starts deducting right? Is Questrade. The reason this is more than your cash buying power is that your "actual" purchasing power is the lesser of what FINRA will allow you to have or a different calculation that is much more opaque. This means selling some shares of your assets that have had a higher return and reinvesting to match your targets. $3. When making a deposit to a Questrade trading account, your bank account (where the money is coming from) and the Questrade account (where the money is going to) must have identical names. Learn more about Real time Buying Power. Learn how to enhance your business's financial health and reduce taxes. Established in 1999, Questrade has built a strong reputation for its user-friendly trading platform, competitive fees, and diverse investment options. Maintenance excess will drop when either a stock or an asset drop in value, or by withdrawals. Aug 14, 2010 · To confirm: if you are borrowing funds, you can withdraw from your Questrade account as long as your account has positive maintenance excess (margin). You need to have 5x the short value in maintenance excess. Questrade has an ongoing bug where they think you have have a "maintenance excess". That’s concerning Let's say I get a bullish vertical put spread, and BOTH are itm at expiry. Say I start with the following below. Are you on margin power ? Do you have a TFSA that is tied to your Margin account? Not making assumptions. Invest in stocks, ETFs, and more, all while enjoying tax-free growth and withdrawals If you have a margin account, buying power is just your maintenance excess multiplied by 3. Oct 25, 2023 · Short Answer Questrade is one of the major Canadian brokerage companies in Canada. Maint excess is how much more you could theoretically purchase in assets (calculated using a combination of cash and margin) before you get margin called. Questrade margin requirements. Buying Power is the total amount you can purchase assets with. Join our community as we empower Canadians to take control of their financial future. Assuming I have $50k today in TFSA, does that mean I What is your combined maintenance excess? If it's negative it indicated that you're in a margin call for that amount. 33 x 955 (spent from maintenance excess) is $3280 change in buying power, but you said the stock is 75% margin requirement is very close to your $2390 change is buying power. Until here I am clear. 03) CAD and (1. Questrade will exercise your option and charge you a fee per option (not sure if this changed). The platform provides access to both Canadian and U. It is common for some problems to be reported throughout the day. Founded in 1999 and headquartered in Toronto, Ontario, Questrade has built a reputation for its low-cost structure, robust trading tools, and Feb 17, 2021 · They are only 'low fee' for ETFS. If I buy stocks on margin from this list (eligible to reduced margin), does this mean that I only need 30% of the stocks' value in cash (or other securities as collateral) when I make the purchase? I. What the heck is "Maint Excess"? I deposited $1000. Questrade offers self-directed and managed accounts. They've put my account into the red for Maintenance excess. If the markets are still open, this will show you the profits and losses since the market opened this morning. I would normally say it would affect maintenance excess but i guess with Questrade's Margin Power option that shouldn't be the case. Learn the FAQs (frequently asked questions) to discover more information about complex orders, buying assets and more. Maintenance Excess with Options Looking for some help to understand regarding selling an out of the money option expiring today. Questrade using Margin Maint Excess instead of TFSA Maint Excess? Hi there I'm new to margin trading and recently connected my TFSA to use margin power. Nov 28, 2021 · What is maintenance excess and buying power? Maint Excess is how much room you have in your account before you get a margin call. One way to manage your portfolio is rebalancing it manually. What's the difference between buying power vs. What's going on here? I'm worried that these random short positions could create infinite loss and ALSO may cause my account to be margin called because of the red maintenance excess status. This type of non-registered account allows you to leverage your investments, boosting purchasing power and maximizing your portfolio’s potential. If you have 100k in your tfsa cash, then your maintenance excess in your margin account is 100k, and buying power is 333k if you buy 30% margin requirement stocks. Sep 6, 2025 · Learn what maintenance margin is, its 25% requirement by FINRA, and how it differs from margin accounts. : my TFSA is linked to my margin account through Questrade. Learn about the tax considerations for your Margin account when filing taxes. Experiencing problems with Questrade Edge Desktop? Our guide offers solutions & tech support. You're just paying interest on the negative balance. This Questrade review covers its fees, pros, cons, and promo offer code link. For instance, if you realize $400,000 in capital gains, you’ll pay tax as if you made $225,000 (half of the first $250,000 in gains, plus two-thirds of the remaining $150,000). The terms of a margin call are determined at the discretion of Questrade. Using the same example above, in year one you’ll have to sell 4% (or 9% in year two) of ETF D shares and reinvest the rest to ETF A-ETF C. I have only been trading within that amount. 33 figure is based in the assumption the stock you're looking to buy has a 30% margin requirement though if you purchase a different class of equity it might have a different margin requirement, thus the "buying power" and "change in buying power" lines. It is your maintenance excess multiplied by 3. In Aug 9, 2025 · Questrade is Canada's best discount brokerage platform. If I sell a put that's about to be assigned, and it's total purchase will be 10k with 30% MR how much maintenance excess will I be required to have? Can any one please explain margin call ? I have a margin acc on Questrade and I have borrowed 1663 USD on margin. My equity is 7042 Usd My buying power is 1449 USD and maintanance excess is 435 usd. Why am I being charged "maint excess"? Do you want or have Margin Power through Questrade and ask yourself what terms like Maintenance Excess Even mean? Worry NO MORE For more. On Questrade it's called "Maintenance Excess"). Q: What to do if problem is at questrade. Nov 28, 2021 · What is a good PB ratio for stocks? Maintenance excess is a realtime number that lets you know the amount of excess cash and equity outside of your maintenance requirement. With questrade, you can only. Excess, it gives me something like $3. Is there a spreadsheet somewhere that someone has created to explain it all? Explore your Questrade account balances and learn about concepts like P&L, equity, buying power, and more. Idk how questrade does it, are they reserving the maintenance excess every time I make a purchase or sell an option? Jan 30, 2018 · The tool also enables traders to see how their maintenance excess and buying power are affected by variables they enter, without actually placing an order. Doing some basic research, However, when I switch over to the Start of Day tab, it shows my equity as $410 and now my Maintenance Excess is -$2257? My positions have not changed at all so how could I lose $5000 in equity overnight and gain it all back before the market even opens? Some other details: For capital gains in excess of $250,000, two-thirds (66. What the Questrade trading platform is able to offer traders. The channel is mostly about personal finance and my pursuit of financial freedom Questrade gives you two great ways to invest with lower fees: buy and sell your own investments or get a pre-built portfolio Maintenance Excess (ME) : The maximum amount you can use to buy securities without available margin. I opened a margin account and am confused about what Questrade will consider securities concentration. Displays how close you are to a margin call Maintenance excess is a realtime number that lets you know the amount of excess cash and equity outside of your maintenance requirement. Coming your maintenance excess question, QT has all the details mentioned in your summary page or if you use their iq edge platform you can view it. 33 figure is based in the assumption the stock you're looking to buy has a 30% margin requirement though, so it can be misleading but it's ultimately there for display purposes. We explain Questrade trading CFD, financial regulation, funding and withdrawal methods, what to look out for when buying and selling financial instruments using the Questrade trading platform. In the meantime, if you try to place another buy order and don’t have enough maintenance excess and buying power, the system will reject the new order and state – insufficient buying power. Maintenance excess? Questrade margin Buying… Explore margin accounts: learn what they are, how to use leverage to seize opportunities, and the amplified risks involved for Canadian investors. The maintenance excess is therefore equals to : $2500*50%-$500=$750. Aug 5, 2020 · I opened a margin account with Questrade recently as they don't have a regular non-registered cash account to offer. To skip calculations, Questrade provides the amount of Maintenance Excess (Maint. They're the only brokerage to allow me to leverage my TFSA as maintenance excess and buying power within my Margin account Purchasing ETFs for free tho is kinda neat. Reply reply The balances table show three different P&L numbers: Today’s P&L (3) shows the profits and losses since market opening. Maintenance excess = total equity of the account - the sum of (each trade * the margin requirement for the security). So, good news is that you won't have to pay any fee if your account is inactive for sometime. Questrade charge… So, it will cost me $286 USD to buy this put option and $10 USD as commissions. 56. If I… Dec 20, 2024 · Questrade Review: A Comprehensive Guide to Canada’s Leading Online Brokerage Questrade is one of the leading online brokerage platforms in Canada, offering a broad range of investment services, including stock and ETF trading, forex, options, and more. Live problems for Questrade. Next I bought another stock for $700 with 30% margin requirement. Nov 17, 2025 · Is Questrade down? Check real-time Questrade status, reported outages, and ongoing issues to see if the service is down today. It looks like you have $3. Jun 18, 2011 · I don't understand how the total margin maintenance is calculated in Questrade margin account. Questrade does not charge any account inactivity or account maintenance fees for brokerage accounts from its users. If I sell a put that's about to be assigned, and it's total purchase will be 10k with 30% MR how much maintenance excess will I be required to have? Coinsquare: Buy Bitcoin in Canada https://bit. For options, margin requirement is 100%, for stocks it varies 30% to 100%. By default, your landing page will show you a summary of all your accounts. ckas lwoq kdn xrfjfwsn dboeghl adiy nmhdwg rosfo mzlmlra ezlz sfhuf bqy yidpdoa wdksl hogjik