Questrade $88 in Free Trades Offer Terms & Conditions

$88 IN FREE TRADES

Questrade is offering new clients up to $88 in commission-free trades and a transfer for free rebate when opening a new online trading account.

How to qualify:

Open and fund a new registered or margin online trading account with a minimum of $1,000 and get $88 in commission-free stock trades, option tickets (excluding the cost of contracts) or ETF sells.

General:

  • Ensure the promotional code SPARX88 is entered on the online application page when submitting the new account application.
  • This offer is only open to new clients. Existing clients do not qualify for this offer.
  • FX & CFD accounts are not eligible for this promotion.
  • Accounts must be completed within 60 days of submitting the application to qualify for the offer.

Minimum initial funding:

  • Minimum required funding to get $88 in commission-free trades is $1,000.
  • If the client is funding the account by transferring from another broker, funding must be completed within 60 days of initiation to qualify for the offer.
  • New accounts cannot be funded by using funds from another Questrade account. The assets deposited into the qualifying account must be net new assets.

Free trades period:

  • Only trades completed within 60 days from the date the account is activated with the minimum requirement of $1,000 for the $88 commission-free trades offer, will be eligible for the rebate.

Eligible trade details:

  • The client’s account will be charged for the trading commission during the qualifying period, and the commission will then be rebated to the client’s account within ten(10) business days of the trade execution up to a maximum of $9.95 per trade.
  • This offer applies to equity trades and option tickets (excluding the cost of contracts), and does not apply to ETF sells, gold and silver trades, mutual fund trades, or foreign currency trades.
  • Other trade fees including exchange and ECN fees may apply.
  • Client will not receive cash compensation for any unused free trade commissions.

Additional terms and conditions:

  • This promotion is subject to all applicable federal, provincial, municipal laws and regulations and is not available to Questrade employees and members of their household or Questrade affiliated partners.
  • TFSA account balances are subject to Government of Canada regulations stipulating maximum annual contribution levels. Please check your TFSA contribution room prior to making a contribution. Consult the CRA or your tax advisor about TFSAs and how they relate to your situation.
  • The offer is applicable to online trading account only.
  • This offer, terms and conditions, are subject to change without notice.
  • Amounts quoted are in CAD.
  • This is a one-time offer per client, and cannot be combined or used in conjunction with any other Questrade offer with the exception of TRANSFER FOR FREE (see below).

Affiliate disclosure:

  • The promotional code attached to your account is from the following Questrade affiliate: SparxTrading.com
  • The affiliate will receive $42 cash for every referred client after 10 trades are completed.

TRANSFER FOR FREE

Questrade will pay the client’s transfer-out fees up to CAD $150 when the client moves a minimum of CAD $25,000 to Questrade from another brokerage. Payment of the transfer-out fee is capped at CAD $150 and is limited to one account per client.