Open an account

Qtrade Direct Investing

 

Open and fund a new Qtrade Direct Investing account and get up to $2,000 cashback

To qualify:

✓  Submit a new account application to Qtrade Direct Investing using promo code CASHOFFER2024 by March 4, 2024.

✓  Deposit or transfer at least $5,000 in net new assets into the new account by March 31, 2024

✓  Hold your deposited funds until September 30, 2024

✓  Bonus will be paid to your Qtrade Direct Investing account on or around October 31, 2024 

✓ Extra Bonus Discount: Get 20% discount on trade commission when you deposit or transfer at least $50,000 in new assets into the new account by December 31, 2023 or March 31, 2024 

1.       The Offer

Open and fund a new Qtrade Direct Investing account (the “New Account”) and you may be eligible to receive up to $2,000 as a cash bonus as set out below (the “Cash Bonus Offer”). This Cash Bonus Offer is only available to New Accounts for both new and existing clients who transfer in or deposit at least $5,000 in new assets (net of withdrawals) by March 31, 2024.

Offer Code

New Funds

Cash Bonus

CASHOFFER2024

$5,000 - $49,999

$150

$50,000 - $99,999

$250

$100,000 - $249,999

$500

$250,000 - $499,999

$700

$500,000 - $999,999

$1,000

$1,000,000 +

$2,000

To receive the Extra Bonus offer (the “Extra Bonus Discount”, or referred to collectively with the Cash Bonus Offer, the “Offer”) , open and fund a New Account and you may be eligible for a 20% discount on trade commission (regular $8.75/trade, discounted $6.95/trade). This Extra Bonus Discount is available to new and existing clients who deposit or transfer in at least $50,000 in new assets (net of withdrawals) into the New Account by December 31, 2023 or March 31, 2024. For clients who deposit at least $50,000 by December 31, 2023, the discount will be applied to your account by February 1, 2024, provided the offer conditions have been met. For clients who deposit at least $50,000 by March 31, 2024, the discount will be applied to your account by May 1, 2024, provided the offer conditions have been met. The discount will be applicable until December 31, 2024 and will continue to remain on the account thereafter provided a minimum account balance of $50,000 and at least 20 trades per year is maintained. If these conditions are not met, the trade commission will subsequently change to regular rate (currently $8.75/trade).

Examples:

  •  A client opens a new Qtrade Direct Investing account and deposits $60,000 by March 31, 2024. That new client is eligible to receive discounted trade commission applied by May 1, 2024, plus $250 cash bonus paid by October 31, 2024.
  • A client opens a new Qtrade Direct Investing account and deposits $60,000 by December 31, 2023, and then deposits another $70,000 by March 31, 2024. That new client is eligible to receive discounted trade commission applied by February 1, 2024, plus $500 cash bonus paid by October 31, 2024.
  • A client opens a new Qtrade Direct Investing account and deposits $20,000 by December 31, 2023, and then deposits another $40,000 by March 31, 2024. That new client is eligible to receive discounted trade commission applied by May 1, 2024, plus $250 cash bonus paid by October 31, 2024.

2. This Offer is subject to the following Terms and Conditions:

Offer Period

This Offer commences on November 1, 2023, at 12:00 am ET and concludes on March 4, 2024, at 11:59 pm ET (the “Offer Period”). NOTE: an account application must be submitted by March 4, 2024, and funds must be deposited or transferred into your Qtrade Direct Investing account by March 31, 2024.

For the Extra Bonus Discount, the New Account must be opened and funded with at least $50,000 by December 31, 2023 or March 31, 2024 to be eligible to receive the 20% discount on trade commission.

Qualifying Account Criteria

The account application form associated with the qualifying account must have CASHOFFER2024 (the “Offer Code”) applied to it and must be submitted during the Offer Period.

To qualify, the New Account opened must be a CAD Cash (individual or joint), USD Cash (individual or joint), CAD Margin (individual or joint), USD Margin (individual or joint) RESP, CAD RRSP, CAD RRIF, CAD Spousal RRSP, CAD Spousal RRIF, USD RRSP, USD RRIF, USD Spousal RRSP, USD Spousal RRIF, LIRA, CAD TFSA, USD TFSA, CAD FHSA or USD FHSA. Delivery Against Payment (DAP) accounts are ineligible for this Offer.

Limit of one (1) Offer per qualifying client (joint accounts have one ‘client’). In the event that a client opens multiple eligible accounts, the qualifying funds can be based on the total new assets across all New Accounts opened. In this case, each New Account must be funded with at least $5,000 in new assets, and approved by Qtrade Direct Investing, to be totaled for the offer.

Some account types (such as RRSP, RRIF, cash and margin accounts) offer both CAD and USD accounts. These are separate accounts and are treated as such under the Offer. 

In the case of a spousal account or joint account, only the primary account holder will be entitled to receive the cash bonus.

New Accounts must meet Qtrade Direct Investing’s account opening and related documentation requirements, and be approved by Qtrade Direct Investing, at its sole and absolute discretion.

Qualifying accounts must be in good standing throughout the Offer Period and remain in good standing until 11:59 pm ET on October 31, 2024.

Your qualifying account must not have encountered a debit position or margin call during the Offer Period.

Qualifying Transfer Criteria

In order to qualify as a qualifying transfer, assets transferred in must not include any securities that are restricted, subject to a cease trade order, or that are non-listed and without independent evidence of current value acceptable to Qtrade Direct Investing. 

Qualifying transfer funds may originate from an investment or bank account at any Canadian financial institution or broker. 

Assets transferred in or deposited must remain in the qualifying account until 11:59 pm ET on September 30, 2024. Any withdrawals or transfers out prior to this date will decrease the eligible assets that qualify for the Offer. 

Eligibility Criteria

The Offer is available only to New Accounts opened by new or existing Qtrade Direct Investing clients. 

You must apply the Offer Code on the New Account application form.

The qualifying account must be opened during the Offer Period.

This Offer is non-transferable and will not be valid in conjunction with any other offer or promotion from Qtrade Direct Investing.

This Offer can only be used once per client and cannot be applied on previously or subsequently submitted account applications to Qtrade Direct Investing.

You must be a Canadian resident who is of the age of majority in your respective province or territory when submitting your New Account application.

General

The cash bonus will be delivered to the primary qualifying account holder in the new qualifying account, on or about October 31, 2024.

For the Extra Bonus Discount, the discounted trade commission will apply to all Qtrade Direct

Investing accounts held by the qualifying account holder. The discount only applies to trades placed online via the Qtrade Direct Investing platform, or the Qtrade Direct Investing mobile app. The discount does not apply to trades placed with an agent over the phone.

Clients who qualify for this Offer will not be eligible for any other offers or promotions from Qtrade Direct Investing until November 1, 2024.

You are solely responsible for any tax consequences arising from or in connection with: this Offer; the transfer of any assets into the qualifying account; and/or the payment of any cash bonus into the qualifying account.

All dollar amounts mentioned in relation to this Offer are in Canadian dollars.

The amount of any transfer-in fee charged by another Canadian broker or financial institution will be credited to your qualifying account in the currency (either CAD or USD) in which your transfer was made (up to a maximum of CAD/USD $150 per client when you transfer $15,000 or more), subject to Qtrade Direct Investing’s receipt of the documentation evidencing such transfer-in fee. This is part of the CASHOFFER2024 offer and does not constitute a combining of Qtrade Direct Investing offers.

Qtrade Direct Investing reserves the right, at its sole and absolute discretion, to modify, suspend, disqualify, limit or revoke this Offer to any person or account holder for any reason, including but not limited to manipulation or abuse of the process, fairness, integrity or operation of the Offer.

The terms and conditions of this offer, including its overall availability, are at the sole and absolute discretion of Qtrade Direct Investing and are subject to change at any time without prior notice.

You may opt out of the Offer at any time by notifying us at 1.877.787.2330 or directinvesting@qtrade.ca, in which case the cash bonus and trade commission discount pursuant to the Offer will be cancelled or reversed.

Online brokerage services are offered through Qtrade Direct Investing, a division of Credential Qtrade Securities Inc. Qtrade and Qtrade Direct Investing are trade names and/or trademarks of Aviso Wealth.