Qtrade Direct Investing

Up to 5% Cash Back (until January 5, 2026)

• 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
• No minimum deposit required
• Available to both new & existing clients
• Offer ends January 5, 2026

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 Offer)  

1. Trading Commissions

Equities

• $0

Options

• $0
• $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

• $0

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

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

• 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

• Equities and ETFs: $0
• Options: $0 + $0.75 per contract
• Mutual Funds: $0
• Fixed Income (Bonds/Debentures):
• • $1 per $1,000 face value (min $24.99, max $250)

Account Fees

• Quarterly Admin Fee: $0
• 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