Questrade Referral Code: Get a $50 Cash Bonus
Use our Questrade referral code 645729798488332 to get a $50 cash bonus when you open and fund a new account. Here's how it works, what to watch for, and whether Questrade is worth it.
Investing
Questrade
$50
cash bonus
Bonus terms are set by Questrade and may change at any time.
Questrade is one of Canada's largest online brokerages. You can trade stocks and ETFs yourself with a Self-Directed account, or let them manage a portfolio for you with Questwealth. It offers TFSA, RRSP, FHSA, margin and cash accounts, and ETF purchases are free, which is a big draw for long-term investors.
Our review
A low-cost pick for hands-on investors, with free ETF purchases and a wide choice of accounts. The platform has a bit of a learning curve if you are brand new to investing.
How the Questrade referral bonus works
Open a new account with our referral code 645729798488332 and you and the person who referred you each get $50. Here's what you need to do:
- Be a new Questrade client. You can't have an existing account or an application already in progress.
- Enter the code while you're applying. Questrade calls it an "Offer code." If you've already been given an account number, you can't add it anymore.
- Open and fund your account within 60 days. Questrade's terms say you need to fund the account, and third-party sources put the minimum deposit at $250.
- Don't stack it with another promo. Referral codes can't be combined with other offer codes.
Questrade pays the bonus in the month after everything checks out.
What you get
- $50 in cash after you open and fund a new account
- Free ETF purchases (stock trades can carry a small commission)
- A choice of Self-Directed Investing or Questwealth managed portfolios
- TFSA, RRSP, FHSA, cash and margin accounts, plus both Canadian and US investing
How to claim the Questrade bonus
- 1
Start your application
Go to the Questrade website or app and choose to open an account. You have to be a first time client to qualify. - 2
Pick your account type
Choose Self-Directed Investing or Questwealth, then the account you want, like a TFSA, RRSP or FHSA. - 3
Enter the offer code
On the account type screen, click the green Enter code button and type 645729798488332. Apply it and agree to the terms before you continue. - 4
Finish opening your account
Complete the rest of the application and identity check. Do it before you get your account number, because the code cannot be added afterward. - 5
Fund your account within 60 days
Transfer money from your bank. Third-party sources say at least $250 is needed, so aim for that or more. - 6
Wait for the bonus
Questrade pays the bonus in the month after your account is opened and funded.
Pros
- $50 bonus for you and the referrer
- Free ETF purchases
- Wide range of registered accounts including FHSA
- Both self-directed and managed options
- One of the largest independent brokerages in Canada
Cons
- You must fund the account within 60 days
- The code has to be entered during the application
- Stock trades carry commissions
- Cannot be combined with other promo codes
- The platform can feel busy if you are new to investing
Is Questrade worth it?
If you plan to buy ETFs regularly, yes. Free ETF purchases add up over time, and the range of accounts makes it easy to keep everything in one place. The $50 is a nice bonus on top of that.
If you want a very simple app and don't care about fees, Wealthsimple may feel friendlier. If you're a bit more hands-on and want more control, Questrade is a strong fit. Just make sure you enter the code before your account number is issued, since there's no way to add it later.
Frequently asked questions
How much is the Questrade referral bonus?
What is the Questrade referral code?
How much do I need to deposit?
Can I add the code after I open my account?
Can I use it with another promo code?
When do I get the bonus?
Referral terms change without notice. Always confirm the current details on Questrade's site before you sign up.
