How can I buy call and put options on Questrade?
Asked 3 years ago
Besides my main question asked above, I wondered whether it is possible to trade forex on Questrade forex and use leverage for it?
Avik Das
Thursday, November 04, 2021
To buy or sell options on Questrade is a simple setting.
This is how:
- Log in to Questrade trading
- You should be seeing the buy or sell option in the top right-hand corner.
- Change it to your preferred trade option in the symbol field.
- After the change has been made, you should be able to see the option to buy call or put on Questrade.
Andrew Moran
Friday, November 05, 2021
In order to buy call and put options on Questrade, you will need to add this component to your existing account on the trading platform.
Here is a step-by-step breakdown of the process:
- Log in to your Questrade account.
- Select "ACCOUNT MANAGEMENT"
- Navigate to "Summary" and search for "Option" level.
- Pick your preferred option level.
- Hit "Submit."
At the end of the process, you will need to print, sign, and upload the options trading agreement.
For your second question, yes, you can trade forex on Questrade. You have more than 100 currency pairs to choose from, including the major ones, like USD/CAD, USD/JPY, GBP/NZD, and EUR/CHF.
Traders can also leverage up to 1:20 for forex, CFDs, and retail trade.
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