Multi-leg 100 free trades
Questrade is offering new and existing clients up to 100 commission-free stock and option trades, and a free transfer rebate when opening a new account.
How to qualify:
Open and fund a new registered or margin self-directed account with a minimum of CAD $10,000 by 11:59 p.m. ET, February 27th, 2015 and get 100 commission-free stock and option trades.
General:
- Ensure the promotional code 100FREEML15W is entered on the online application page when submitting the new account application.
- This offer is open to new and existing clients.
- In order for existing clients to take advantage of this offer, they must open a new account-type they don’t currently have with Questrade. For example, if an existing client has a margin account, they must open a TFSA in order to qualify.
- FX & CFD accounts are not eligible.
- Accounts must be completed within 60 days of submitting the application to qualify for the offer.
Minimum initial funding:
- Minimum required funding to get 100 free trades is CAD $10,000.
- Minimum required funding to get 10 free trades is CAD $1,000.
- Clients will have an additional 30 days from the date the account is activated to reach the CAD $10,000 minimum requirement to qualify for the 100 free trades offer.
- If the account is not funded with the required minimum of CAD $10,000 within 30 days of the account activation, the client will still be eligible to get up to 10 commission-free stock and option trades.
- If the client is funding the account by transferring from another broker, the transfer must be initiated by 11:59 p.m. ET, February 27th, 2015 and 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.
Minimum holding period:
- Account holders who deposit $10,000 must maintain a minimum account balance of CAD $10,000 in assets for at least 6 months after the account has been activated to continue to be eligible for this promotion. If the account balance falls below CAD $10,000 in assets before the end of the 6 month period due to withdrawals on the account, the client will no longer be eligible for the promotion and Questrade will have the option to apply a charge to the account based on the credited amount. If the account balance falls below CAD $10,000 in assets due to market fluctuations, the client will still be eligible for the promotion and no charges will be applied.
- If the account was originally funded between $1,000 and $9,999, the account will not be required to have a minimum holding period.
Free trades period:
- Only trades completed within 60 days from the date the account is activated with the minimum requirement of CAD $1,000 for the 10 free trades offer will be eligible for the rebate.
- Only trades completed within 60 days from the date the account is funded with the minimum requirement of CAD $10,000 for the 100 free trades offer will be eligible for the rebate.
- Rebates will be applied to the account within ten (10) business days of the trade execution.
Eligible trade details:
- This offer applies to equity trades and option tickets (excluding the cost of contracts) and does not apply to precious metal trades, mutual fund trades, or foreign currency trades.
- Other trade fees including exchange and ECN fees may apply.
- Clients 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.
- This offer is applicable to self-directed accounts only.
- This offer, terms and conditions are subject to change without notice, including the promotion period.
- Amounts quoted are in CAD.
- TFSA account balances are subject to Government of Canada regulations stipulating maximum annual contribution levels. Please check your TFSA contribution room. Trading in a TFSA may have tax implications. Please speak to a qualified tax advisor.
- This is a one-time offer per client, and cannot be combined or used in conjuction with any other Questrade offer with the exception of FREE TO TRANSFER (see below).
FREE TO TRANSFER
Questrade will pay the transfer-out fees up to CAD $150 when you move 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.