Receive up to 3 months of unlimited free stock trades
Terms and conditions
Questrade is offering new and existing clients up to three months of unlimited free stock and option trades, in the form of commission rebates, when opening a new account.
How to qualify:
Submit an application for a new registered, margin or TFSA* account by 11:59 p.m. ET, March 3rd, 2014. The account must be open and funded with a minimum of $50,000 in net new assets within 60 days of submitting your application to get up to three months of unlimited free stock and option trades.
General:
- Clients must enter the promotional code UNLIMITEDW14 online when submitting the new account application for a registered, margin or TFSA account.
- Offer open to new and existing clients.
- This offer applies to equity trades and option tickets (excluding the cost of contracts), and does not apply to gold trades, mutual fund trades, or foreign currency trades.
- FX & CFD accounts are not eligible.
- If a client is funding the account by transferring from another broker, the transfer must be initiated by 11:59 p.m. ET, March 3rd, 2014 and 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.
- For existing Questrade clients to be eligible for this offer, they must open a new account type, other than the pre-existing active account on or after January 6th, 2014 and on or before March 3rd, 2014.
- Minimum required funding to get three months of unlimited free stock and option trades is CAD $50,000. Only trades completed within 90 days from the date the account is activated with the minimum required amount will be eligible for the three months of unlimited free stock and option trades.
- Minimum required funding to get two months of unlimited free stock and option trades is CAD $25,000. Only trades completed within 62 days from the date the account is activated with the minimum required amount will be eligible for the two months of unlimited free stock and option trades.
- Minimum required funding to get one month of unlimited free stock and option trades is CAD $1,000. Only trades completed within 31 days from the date the account is activated with the minimum required amount will be eligible for one month of unlimited free stock and option trades.
- Clients will have an additional 30 days from the date the account is activated to reach the minimum funding requirement for the corresponding month(s) of unlimited free stock and option trades.
- 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 three business days of the trade execution up to a maximum of $9.95 per trade.
- Account holders must maintain the following minimum account balance for at least six months of account funding to be eligible for the corresponding offer:
- $50,000 for three months of unlimited free stock and option trades
- $25,000 for two months of unlimited free stock and option trades
- If the account balance falls below the minimum required amount before the end of the six-month period due to withdrawals on the client’s account, the client no longer qualify for the offer, and Questrade will apply a charge to the account based on the credited amount. If the account balance falls below the minimum required asset amount due to market fluctuations, the client is still eligible for the offer and no charges will be applied.
- Other trade fees including exchange and ECN fees may apply.
- Client will not receive cash compensation for any unused free trade commissions.
- Amounts quoted are in CAD.
- All rebates and commissions awarded will be 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).
*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.