Questrade Offer Code 2024 | $10,000 or $50? | Valid in Canada
Frequently Asked Questions (FAQ) and Review
We applaud you in taking control of your finances. Our goal is to help you get the most value in the process.
What is the best Questrade offer code in 2024?
It depends upon what type of account you are opening.
I am opening a "self directed" account *most common*
The current Questrade promotions for Canadians opening the common accounts (Margin, TFSA, RSP, FHSA) range from as low as '5 free trades' up to as high as $50. The best-value reward is detailed below:
VERIFIED OFFER LINK
to claim:
CURRENT-MAXIMUM-BONUS
The currently most valuable promo offer code is a
$50 trade commission rebate.
- Claim Questrade's sign-up offer of $50 in free trades.
- Bonus #1: Unlock a free ELITE membership at Passiv worth $99/year (it's an excellent tool that tells you when your portfolio is outside its target allocations and the trades to bring it back in line - among other things!)
- Bonus #2: Unlock up to $150 transfer fee rebate as an additional bonus courtesy of Questrade.
YOU MUST USE THIS >current-maximum-bonus< LINK- IT TAKES YOU TO THE OFFICIAL Questrade sign-up page with the offer activated.
The trades have to be used within 30 days. You must deposit a minimum of $1,000. Full terms and conditions are available
here.
See below for how to activate
your Passiv membership and claim the transfer rebate.
I am opening a Questwealth managed account.
If opening a Questwealth account, the best current offer is getting up to $10,000 managed free for a year.
VERIFIED OFFER LINK:
10000-QUESTWEALTH
This is
currently the most valuable promo offer code for Questwealth account and offers up to $10,000 managed free for a year.
You must deposit a minimum of $1,000 for 3 months. Full terms and conditions are available here.
I am opening a Forex and CFD account
If opening a Forex and CFD account, the best current offer is getting a $50 cash bonus.
VERIFIED OFFER LINK:
50-FOREX-CFD
This is
currently the most valuable promo offer code for a Forex and CFD account and offers a $50 cash bonus.
You must deposit a minimum of $1,000. Full terms and conditions are available here.
Table of Contents
| 🏆 $50 + Bonuses! | 🔑 Use Immediately |
| 👍 Verified and Live | 🌎 Valid in Canada |
Looking for the best Questrade offer code? Look no further! We offer a comprehensive list of the latest and greatest Questrade offer codes, guaranteed to help you save money on your trades. With our help, you can unlock the full potential of Questrade's advanced trading platforms and professional research tools while keeping more money in your pocket.
We've scoured the web to find the most up-to-date and reliable Questrade offer codes, so you don't have to. Whether you're a new client looking to make your first trade or an experienced investor looking to save on commissions, we've got you covered, making it simple to find and apply the right offer code for your needs, so you can start trading smarter today.
Don't miss out on the exclusive promotions and discounts offered by Questrade. Rest assured, here you will find the best Questrade offer code for you. With our help, you can save big on your trades and take your investments to the next level.
What are the 7 Steps to Activate the 2024 Questrade Offer Code?
| STEP
1:
Use either the
CURRENT-MAXIMUM-BONUS (for trading accounts) or the
10000-Questwealth (for Questwealth accounts) or the
50-FOREX-CFD (for Forex and CFD accounts) link which takes you to the official Questrade homepage. |
STEP
2: Press the 'Open an Account' button  |
STEP
3: Select the type of account to open 
|
STEP 3:
You will see that the
$50 or 10,000 offer is activated! 
|
| STEP 4: Check the box to agree to the terms and conditions after reviewing them |
| STEP 5: Press 'Open Now' |
STEP 6: Complete the registration, fund your new account, and get your free trades as rebates 
|
STEP 7:This last step is for us - to help us spread the word of this better offer please share our page on social media! You can use our handy share buttons on the left of the screen 
|
* Securing your bonus with our 2024 Questrade offer code only takes 5 minutes - the rest can be done later. Get one now while still offered! *
Frequently Asked Questions (FAQ) - common questions about questrade.
What is a Questrade offer code?
A Questrade offer code can be used when opening a new account to claim various bonuses as a new client. The most valuable code right now is the '$50 or $10,000' bonus. Details here.
How does Questrade compare to Wealthsimple Trade?
They are both great companies and you can read our nuts-and-bolts comparison to determine which is best for you on our Questrade vs. Wealthsimple Trade: Which is better for Canadians in 2024? page.
Who can claim the offer code?
Anyone as long as you are a new client opening a new account. This offer is limited to your first account only. Additional accounts do not qualify.
How do I get my free Elite membership at Passiv?
Get started here.
How do I claim the $150 transfer rebate?
Submit a statement from your financial institution displaying the transfer fees incurred within 60 days of the transfer request being submitted to Questrade. Full details are here.
How to get help and support from Questrade?
There are always several options to get help with Questrade depending simply upon which is most convenient for you. They have downloadable guides available their systems if you like reading manuals. If you have specific questions, there's a database of online frequently asked questions (FAQ's) if you'd like to dig up answers for yourself. If you'd like personal help you can get Live Help via onscreen chat or by emailing them. You can also contact them via telephone by calling them or by scheduling a specific call-back time to have them phone you. It's been our experience that their response time (via chat and direct phone calls) has been very responsive.
Back to the How to: 7 steps to activate your 2024 Questrade Offer Code.How to easily manage my account and see its performance?
myQuestrade is like dashboard of your account status. It allows you to quickly see an overview of your account and its balances, current positions both in a table and as a graphical chart, see historical performance of your account in charts and graphs, download account statements, and enter mutual fund orders.
Back to the How to: 7 steps to activate your 2024 Questrade Offer Code.Can I trust Questrade?
Let's step back and look at the big picture: trust.
Questrade has been around since 1999 and is now one of Canada's fastest growing online brokerages. They've also won eight consecutive Best Managed Company awards. If you survey the news items lower in this page you'll see that they consistently win other awards as well.
In response these awards, they've put together a little video of "What We Believe." Of course it hints of some marketing rah-rah, but it does perhaps capture the essence of the culture they promote within the company that elevates them to this level of success.
Questrade is a member firm of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund (CIPF). The CIPF provides coverage to Questrade clients for up to CAD $1 million per account.
To help protect against hackers trying to login to your account, they've implemented several solid features. If you attempt to log in from a different computer than usual, they will ask you for answers to your personal security questions in addition to your password. After five unsuccessful login attempts, your account is locked for 15 minutes. They also encourage strong password use by making it 12-16 characters and a combination of lowercase letters, uppercase letters, numbers and symbols.
Back to the How to: 7 steps to activate your 2024 Questrade Offer Code.What is the Questrade software is like?
Their business is only online, that's their focus, so be sure that their software and systems are top-notch and comparable with competitors.
A big improvement over past generations of platforms, Questrade now has the IQ suite of applications that should work for you no matter what type of device you have: IQ Web for your desktop computer, for mobile devices there's IQ Mobile, IQ Edge with advance functionality of interest to active and pro traders, and IQ Essential for tablets and other situations that don't fit into the other versions.
Rather than me boring you by describing all of the features, just check out Questrade's info. page here and watch demo videos, download Quick Guides, or sign up for a play account.
When you're ready to open an account, be sure to take advantage of the $50 in free trades bonus by using our exclusive Questrade Offer Code at the top of this page.
Back to the How to: 7 steps to activate your 2024 Questrade Offer Code.How do i get a Questrade Offer Code?
It's simple! Use either the CURRENT-MAXIMUM-BONUS (for trading accounts) or the 10000-Questwealth (for Questwealth accounts) or the 50-FOREX-CFD (for Forex and CFD accounts) link to go to the official Questrade homepage with the best current offer activated for you! For full details, go to this section on our page.
Summary
Questrade has been making waves in the online brokerage space for a number of years and the attractiveness of their current offer is no exception with its generous list of welcome bonuses for new clients. The package is impressive: get $50 in free trades or $50 cash or $10,000 managed free (depending upon account type), a free ELITE membership at Passiv worth $99/year (it's an excellent tool that tells you when your portfolio is outside its target allocations and the trades to bring it back in line - among other things!) and up to $150 transfer fee rebate when transferring from another institution.
Questrade Alternatives: Questrade vs. Wealthsimple
Wealthsimple Trade offers a very capable alternative to Questrade. It is a self-directed, commission-free investing platform that is based on a smartphone/tablet app, but is also accessible in limited form from a web browser.
Buying and selling ETFs and stocks are commission-free and there is even the ability to purchase fractional shares of selected companies! (i.e. for shares in companies that cost more than you can afford, you have the ability to purchase whatever amount you can afford - even if it's not a full share!)
The only registered accounts supported for now are RRSP and TFSA. - you can't open an RESP, spousal RRSP, or RDSP - but these may be coming in the future.
It's also mainly for trading Canadian securities because you cannot hold USD. This essentially means that if you do purchase a USD security, the proceeds will be converted back to Canadian dollars, incurring a currency conversion fee. Although Wealthsimple charges a very fair fee, it's still not viable if you buy/sell frequently. If you buy and hold for a long period, then this becomes less of a concern.
Because the offerings of Wealthsimple Trade and Questrade have very different but undeniable strengths over each other, it may be wise to open accounts with BOTH to service different aspects of your complete portfolio. By opening an account with both brokerages, you'll have the ability to invest at lowest possible cost in Canada. However, if you're just starting out and don't have a sizable enough portfolio to warrant accounts with both, that's okay and you will be in good hands if you stick with the one that's best suited to you. We can help with this decision with our other pages that go more in depth on comparing them and the full rundown of Wealthsimple - see these links below.
Wealthsimple also has a very attractive bonus package for new clients. It's a different approach than Questrade's and has the flavour of a bit of a fun game as you can get up to $9,000 stock bonus through the Wealthsimple Trade free stock promotion. Wealthsimple will deposit a cash bonus in your account that is equal to two shares randomly selected from the ones Wealthsimple has chosen for this promotion. Check out all the details and our full rundown of Wealthsimple Trade here where we talk in more depth about what makes it different from competitors, answer many who it's best suited for, answer many of the commons questions people have about the company and app, and show exactly what it looks like to go through the process of buying a security through the very elegant app that they've developed. You can also check out our full Questrade vs. Wealthsimple comparison here where we go over 10 key decision-making factors that you should consider when choosing between them in addition to listing the pros and cons of each service.
Where is my Questrade referral code?
Go to Account Management to find your unique Questrade referral code.
questrade News
May 9, 2023: Questrade has been recognized for the twelfth consecutive year as one of 2023 Canada's Best Managed Companies, retaining its Platinum Club status. Questrade was recognized for its industry-leading performance, its business practices and its sustained growth by receiving the prestigious award.
April 3, 2023: In its continued and evolving mission to help Canadians on their journey to financial independence by transforming financial, investing and mortgage services, Questrade Financial Group is announcing the launch on April 1st of a tax-free First Home Savings Account (FHSA). This enables Canadian first time home buyers to save up to $40,000 towards their first home, withdraw it tax-free and use for their home purchase - with no requirement to repay it. A new way to help Canadians afford a down payment for their home faster, the FHSA combines features of both an RRSP and a TFSA with key attributes including an annual contribution limit of $8,000. To open an FHSA, an individual must be a resident of Canada, at least 18 years of age and must be a first-time home buyer.
March 22, 2023: Questrade announces the launch of Questrade Edge Mobile, a new app created by active traders for active traders.
April 8, 2022: Questrade recently sent out a note talking about their highlights from 2021: "Here are our greatest hits from the past year that we think your audience will be excited to know about: 2 New trading platforms: QuestMobile and Questrade Trading. Both designed to help new traders feel more confident in making trades and doing market research New research tools, powered by TipRanks, integrated directly into our platforms, so customers can more easily research and find their next trading idea Instant deposit is now live, so you can now deposit up to $3,500 per day into your Questrade account through Visa Debit or Interac. You may be able to transfer up to $10,000 if you call your bank for authorization. We reduced our FX rate to 1.45%, so you pay less every time you exchange currency for trading U.S. stocks. (Reminder that with our free dual currency accounts, you don't necessarily have to exchange money as you can hold U.S dollars as well as Canadian dollars in your accounts) On top of the new features we implemented, it was nice to be recognized in the industry for the work we are doing for Canadians: Best online broker by MoneySense #1 Mobile Experience and #1 service provider from Surviscor for the second straight year #1 Online discount brokerage by Ratehub.ca We were named the Best Canadian Brokerage at Benzinga's Fintech Awards for the second year in a row We won the Dalbar Seal of Service Excellence again We were named one of Canada's Best Managed Companies for the 10th year in a row."
June 15, 2021: Questrade named Canada's best online broker for 2021 by MoneySense. Questrade claims the overall #1 spot with a score of 36 points. Other notable wins include a repeat as best in customer service, in addition to maintaining its #1 standing in the mobile experience category, and first place ranking in the inaugural, customer onboarding category, which explores the overall process and experience of becoming a client and initial customer experience. This includes transparency on offerings and fees and account opening experience, given Questrade offers both potential and existing customers a clear, streamlined, and supported account opening process regardless of device preference. Also cited as this year's top firm for user experience (UX), Questrade was noted for its intuitive online platform and corresponding mobile experience with industry-leading customization features and functionality, meaning investors can tailor their experience to their personal preferences. Questrade is also noted as a leader for transactional experiences, making it easy for investors to buy and trade equities, ETFs and options. The company was recognized as an industry influencer, and as being progressive and dedicated to improving its service for customers. Lastly, Questrade was highly praised for its ongoing philanthropy and commitment to financial literacy.
May 19, 2021: Questrade has once again been named one of Canada's Best Managed Companies for the tenth consecutive year, retaining its esteemed Platinum Club status. To qualify for Deloitte's list, privately owned companies must show leadership on several key fronts - purpose and strategy, culture and commitment, capabilities and innovation, and governance and financials. Companies attribute their success in a year of turbulence to clearly defined organizational purpose, fostering a remote work environment, and a clear focus on employee well-being, which has led them to overcome some of today's most pressing challenges and remain competitive on the world stage. As Canada rebuilds post-pandemic, a new slew of business challenges will inevitably present themselves in a new world and as a Best Managed company, Questrade has demonstrated it can both meet obstacles head on and shape the country's new future. Every year, hundreds of Canadian companies compete for this destination in a rigorous and independent process that evaluates the calibre of their management abilities and practices. Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. 2021 Best Managed companies share commonalities that include (but are not limited to) a clear and concise strategy, capability to invest in R&D, tools and proprietary equipment, and a strong emphasis on corporate social responsibility. Questrade remains among the best-in-class of Canadian-owned and managed companies, demonstrating its investment in talent, technology and innovation in a competitive and challenging environment.
February 18, 2021: As Canadians turn their attention to their investments during this COVID-influenced RRSP season, an annual study conducted by Leger on behalf of Questrade has unveiled some compelling findings regarding trends and changes Canadians are likely to make when investing. "As part of our ongoing commitment to improving the financial security of Canadians, we set out to learn about what issues are currently top of mind, how they might impact investing, and what we can do to help investors on their journey to financial security," says Edward Kholodenko, president and CEO, Questrade. "To no surprise, most respondents chose money, health and family as their top 3 worries. We also saw some behavioural trends to note."
Investing trends and changing attitudes
Despite the pandemic, research showed that Canadians continue to be very committed to making contributions to their retirement savings, while evidence suggests investors are placing importance on ensuring their investments go farther.
- 69% of respondents with an existing RRSP plan to contribute the same amount as last year (or more) to their RRSP this year, showing an unwavering commitment to their retirement
- The number is even higher amongst those with a TFSA, with 85% planning to contribute more or the same amount to their TFSA as last year
- 50% of those polled said given the impact and uncertainty during the pandemic, they are more likely to invest for the long term/for retirement
- 44% of respondents are actively seeking lower fee options this RRSP season
- 39% are investing more this year, to get better returns
"The findings may reflect the current low interest rate environment that we're experiencing," explains Mr. Kholodenko.
"Of note, this year's research showed continuing concern -- and outright lack of knowledge -- regarding fees, mutual funds, and the option of ETFs. This would strongly indicate the need for continuing education and awareness," he adds.
The poll indicated that awareness of Exchange Traded Funds (ETFs) as a viable investment option remains low even though ETFs typically have much lower fees, and that money invested in ETFs has risen quickly and begun to replace traditional investments in mutual funds.
Fees and mutual funds: a lack of knowledge
- 51% of respondents agreed that a 2% fee for a mutual fund is high, while an additional 38 per cent said they did not know
- Surprisingly, almost 1 in 2 of those who invest in mutual funds admitted they do not know what fees they pay for their mutual funds
- 21% polled said they were more open to investing in ETFs
- 11% said ETFs have lower fees so they can keep more of their money
- 9% stated they have heard about ETFs recently and want to try investing and seeing how they perform
- 6% believe ETFs are the new, better way of investing
- 42% were not yet open to investing in ETFs
- a majority stated their main reason was they are not familiar with what an ETF is
- An additional 37% said they "do not know" if they are more open to ETFs
- 51% of those polled stated they were more likely to invest online this year versus physically going into a branch
- 22% said they are likely to switch to an online investment provider versus a bank
- This was twice as likely for those aged under 35 years
- 48% polled said they do everything else online, so why not invest online as well
- 34% said they need to make a better return on their money
- 24% said they have more time on their hands to do it themselves
- 20% were more comfortable because friends and family were investing online
An online survey of 1500 Canadians was completed between January 15 - 18, 2021, using Leger's online panel. No margin of error can be associated with a non-probability sample (i.e., a web panel in this case). For comparative purposes, a probability sample of 1500 respondents would have a margin of error of plus or minus 2.5%, 19 times out of 20. Leger's online panel has approximately 400,000 members nationally and has a retention rate of 90%. Stringent quality assurance measures allow Leger to achieve the high quality standards set by the company. As a result, its methods of data collection and storage outperform the norms set by WAPOR (The World Association for Public Opinion Research). These measures are applied at every stage of the project: from data collection to processing, through to analysis.
Back to the How to: 7 steps to activate your 2024 Questrade Offer Code.Are You Ready?
Use either the CURRENT-MAXIMUM-BONUS (for trading accounts) or the 10000-Questwealth (for Questwealth accounts) or the 50-FOREX-CFD (for Forex and CFD accounts) link to go to the Questrade sign-up page with the offer activated.
If you're ready to take the bull by the horns, be sure to take advantage of the Questrade Offer Code worth $50 plus BONUSES while it lasts!
This is currently the best Questrade offer.
Review Rating: 5 out of 5 for value.