Enabling options trading

When you first create your Questrade account, you have the option to enable Level 1 options trading by clicking “yes” to trading options in the account application online.

If you didn’t enable options trading, or if you’d like to increase your option level, please follow these easy steps:

1. Log in to your account
2. Click “Account Management” from the top navigation bar, then click Account management again from the drop down menu

3. Select the account that you’d like to modify
• Please note: To enable options trading for multiple accounts, you will have to repeat this process for each account individually.

4. Click the Change button, next to the Option level shown under the Summary header

5. On the next page, select the options level you wish to upgrade (or downgrade) to, and click the green Submit button
6. Download the Options Trading Agreement form
• Fill out your account number at the top right
• Enter your First and Last name (and joint account holder’s if applicable)
• Check off the desired option level
• Sign and date the bottom of the form (E-signatures accepted for non-joint accounts)
7. Upload the first page of the agreement from the Account Management menu under Upload documents

Processing time: 1-2 Business days. In most cases after you’ve submitted your request online, and uploaded your agreement, you will be able to trade options at the end of the next business day. You can check back on your Option level on the main Account Management page.