Qtrade Direct Investing

Up to 5% Cash Back + Free Trades Offer (Aug 6 – Nov 26, 2025)

• Up to 5% cash back on every dollar invested
• 5% cash back on first $15,000 deposited (up to $750)
• 1% on any amount above that
• Max cash back = $2,000
• Unlimited free trades until Dec 31, 2025 (new clients only)
• No minimum deposit required
• Available to both new & existing clients

Promo Code: QTRADE2025

Transfer Fee Rebate: Receive up to $150 per Transfer Request when the client transfers-in $15,000 or more (can be combined with Cash Back + Free Trades Offer)  

1. Trading Commissions

Equities (Stocks & Non-Free ETFs)

• Standard Pricing: $8.75 per trade
• Investor Plus (≥150 trades/quarter OR ≥$500,000 in assets): $6.95 per trade
• Young Investor (ages 18–30 with ≥$50/month auto-deposit): $7.75 per trade

Options

• Standard: $8.75 + $0.75 per contract
• Investor Plus: $6.95 + $0.75 per contract

Commission-Free ETFs

• Buy & Sell from a list of 100+ commission-free ETFs: $0
• No minimum hold period; trade anytime with no fee

Mutual Funds

• Standard Pricing: $8.75 per trade
• Investor Plus: $6.95 per trade
• Young Investor: $7.75 per trade

Fixed-Income (Bonds, T-Bills, Debentures)

• $1 per $1,000 face value,
• • Minimum fee: $24.99
  • Maximum fee: $250

Telephone Trades

• Minimum $45 per trade (used for broker-assisted orders)

DAP (Delivery Against Payment) Trades

• Additional $10 surcharge per trade

2. Account Fees

Quarterly Administration Fee

• $25 per calendar quarter if none of the following conditions are met:
• • Account balance ≥ $25,000 at end of quarter
  • At least 2 equity or option trades in the previous quarter
  • At least 8 trades in the past 12 months
  • Recurring monthly deposit of at least $100
  • Age 18–30 with recurring deposit of ≥ $50/month
  • Account has been open for less than one full quarter

USD-Registered Account Maintenance Fee

• $15 per quarter, waived if you qualify for Investor Plus

Formal Trust Accounts

• Annual administration fee (see fee schedule on Qtrade site for details)

3. Account Closure & Transfer Fees

Early Account Closure

• $100 if closed within the first 12 months

Transfer-Out Fee

• $150 per transfer request
• Rebate may be offered up to $150 when transferring assets into Qtrade

4. Deposit & Withdrawal Fees

Deposits

• Free (EFT, Bill Payment, Transfers)
• Note: Third-party or currency conversion fees may apply for some methods

Withdrawals

• Free via EFT
• Other methods may incur third-party or FX fees

5. Other Administrative Fees

• Paper Trade Confirmations / Statements: Fee applies unless enrolled in e-delivery
• Rush / DRS Certificate Processing: $150 + tax
• Options Exercise or Assignment: Subject to standard commission schedule
• Tax Reporting / CRA Reprint Requests: May incur nominal charges

6. Discount Programs

Investor Plus

• Eligibility:
• • 150+ trades per calendar quarter OR
  • $500,000+ in household assets
• Benefits:
• • Lower trading fees
  • Waived quarterly USD account fee
  • Discounted mutual fund and fixed income trade commissions

Young Investor Program

• Eligibility:
• • Age 18–30
  • Enroll in automatic monthly contributions of $50 or more
• Benefits:
• • Reduced trading fees
  • Waived administration fees

• Must be a Canadian resident and at least the age of majority in your province or territory (typically 18 or 19).
• Must possess a valid Social Insurance Number (SIN).
• Must provide government-issued ID (e.g. driver’s license, passport) and proof of identity/residency.

🏛️ Company Snapshot

• Qtrade Direct Investing is a self-directed online brokerage operated by Credential Qtrade Securities Inc., based in Vancouver, and owned by Aviso Wealth.
• Founded in the early 2000s, Qtrade is consistently ranked among the top Canadian brokerages for ease of use and overall investor satisfaction.

🌐 Regulation & Security

• Regulated by IIROC (Investment Industry Regulatory Organization of Canada).
• Protected by the Canadian Investor Protection Fund (CIPF) up to $1 million per account.
• Implements strong security measures: 256-bit encryption, two-factor authentication (2FA), session timeout, and an Internet Security Guarantee covering unauthorized transactions.

🧩 Account & Asset Types

Supported Accounts

• Personal: Cash, Margin, Joint
• Registered: RRSP, Spousal RRSP, TFSA, FHSA, RESP, RRIF, LIF, LIRA (CAD & USD versions)
• Business & Estate: Corporate, Trust, and Estate accounts

Tradable Assets

• Canadian & U.S. equities (incl. some OTC stocks)
• 100+ commission-free ETFs
• Mutual Funds
• Bonds & GICs
• IPO participation (when available)
• Options (buying, writing, spreads)

❌ Not supported: Cryptocurrency, Forex (FX), Contracts for Difference (CFDs), international stocks outside Canada/U.S., or Futures contracts

💻 Platform & Tools

User Experience

• Fully web-based with intuitive dashboard, available via desktop and mobile apps (iOS/Android).
• Fast account opening, usually approved in 1–3 business days.

Research & Planning Tools

• Advanced ETF & stock screeners
• Morningstar reports & technical charting
• Portfolio simulator & goal calculator
• Dividend reinvestment (DRIP) and performance tracking
• Options Lab for strategy visualization
• Alerts, watchlists, and market data integration

💵 Pricing & Fees

Trading Commissions

• Stocks & Non-Free ETFs:
• • $8.75 per trade (standard)
  • $6.95 per trade (Investor Plus: 150+ trades/quarter or ≥$500,000 assets)
  • $7.75 per trade (Young Investor: age 18–30 with ≥$50/month auto-deposit)
• Options: Same base fee + $0.75 per contract
• Mutual Funds: $8.75 (standard), $6.95 (discount tiers)
• Commission-Free ETFs: 100+ eligible ETFs available for free buys and sells
• Fixed Income (Bonds/Debentures):
• • $1 per $1,000 face value (min $24.99, max $250)

Account Fees

• Quarterly Admin Fee: $25 (waived if account balance ≥$25,000, or activity criteria met)
• USD Registered Account Fee: $15/quarter (waived under Investor Plus)
• Early Account Closure: $100 (if closed within first 12 months)
• Transfer-Out Fee: $150/request (rebate available for incoming transfers)
• Paper Document Fees: Charged if not enrolled in e-delivery
• Rush/DRS Processing: $150 + taxes