Free advanced data and 30 days of unlimited commission-free stock and option trades
Questrade is offering new clients 30 days of unlimited commission-free stock and option trades in the form of commission rebates, plus one free month of an advanced data package (Advanced U.S.) when opening a new account.
How to qualify
Open a new registered, margin or TFSA* account by 11:59 p.m. ET, December 31st, 2014 and fund it with a minimum of CAD $25,000 within 30 days of account activation to get one month of unlimited commission-free stock and option trades and up to one month free of an advanced data package.
Details on how to qualify
- You must enter the offer code ADVANTAGE13 online when submitting the new account application.
- If the account balance does not reach $25,000 in assets within 30 days after your account is activated, you will no longer qualify for the promotion.
- If you are funding your account by transferring from another broker, the transfer must be initiated by 11:59 p.m. ET, December 31st, 2014 and must be completed within 60 days of initiation to qualify for the offer.
- Account holders must maintain a minimum account balance of $25,000 in assets for at least 6 months after account activation for one month of free unlimited trades offer. If the account balance falls below $25,000 in assets before the end of the 6 month period due to withdrawals on your account, you will no longer qualify for the promotion and Questrade will have the option to apply a charge to your account based on the credited amounts. If the account balance falls below $25,000 in assets due to market fluctuations, you will still be eligible for the promotion and no charges will be applied.
General terms
- This offer is not open to existing clients.
- FX & CFD accounts are not eligible.
- Amounts quoted are in CAD.
- This offer is not available to Questrade employees or members of their household.
- This offer is subject to change without notice.
- This is a one-time offer per client, and cannot be combined with any other Questrade offer except free to transfer (see below).
Free trades
- Minimum required funding to get 30 days of unlimited free stock and option trades is $25,000.
- Only trades that are completed within 30 days after a) the account is activated, and b) the account has reached at least $25,000 in assets, will be eligible for commission-free stock and option trades.
- This offer applies to equity trades, sells and shorts of ETFs, and option tickets (excluding the cost of contracts) and does not apply to gold 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.
Free data
- Minimum required funding to get one month of the advanced U.S. data package is $25,000.
- The free month of advanced U.S. data will start on the 1st business day of the month following a) account activation, and b) when the minimum funding of $25,000 is reached, and end the last business day of the month.
- During the month of free data, clients will be subscribed to commission plan of 1¢ per share (min 95¢ / max $6.95) for equity trades, and $6.95 + 75¢/contract for options. The commission plan will be effective for any trades that are not rebated.
- Costs for additional data feeds on top of a data package are not eligible for a rebate.
*TFSA account balances are subject to Government of Canada regulations stipulating maximum annual contribution levels. Please check your TFSA contribution room in order to determine your level of unlimited free trades.
FREE TO TRANSFER
Questrade will pay your 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.