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QTRADE Promo Code: Up to $150 of Cash Bonus (2023)

Franklin Carneiro da Silva| Updated: March 20, 2023

Qtrade Promo Code: BONUS150

Qtrade Direct Link

Founded in 1999, Qtrade is an online broker based in Toronto (Canada) that aims to democratize the entire investment process through intuitive web and mobile platforms.  In Qtrade, you will find a selection of ETFs where you can trade commission-free, a well-designed trading platform, and excellent customer support.

As part of its marketing strategy, Qtrade promotes its platform by giving first-time users up to $150 just by signing up, depositing at least $1,000, and making one qualified trade.

Just open a Qtrade account with this Qtrade promo code – BONUS150 – and you’ll get up to $150.

Qtrade Sign-up Offer Program Terms

🏆 Promo Code BONUS150
💰 Qtrade Bonus Up to $150 as a cash bonus
🤝🏿 Conditions 1) Open a new Qtrade account until June 30th, 2023.
2) Transfer at least $1000 and make at least one qualifying trade* within 60 days of account opening
🌐 Available in Canada

*A qualifying trade is commissionable equity and ETF trades only  (does not include commission‐free ETF trades) and must be placed via the Qtrade Direct Investing platform, or the Qtrade Direct Investing mobile app.

What is the Qtrade sign-up bonus?

The Qtrade sign-up bonus is designed to incentivize users to open a Qtrade account. You can choose several account types in Qtrade, but only the first three may be eligible for the bonus. So, each account opened within the same application (you must apply the promo code BONUS150) may be eligible for a $50 cash bonus, up to a total bonus maximum of $150.

Offer Code
# of Accounts Funded and Traded
Cash Bonus
Cash Bonus
Offer Code: BONUS150
One account
Two accounts
3+ accounts

To be eligible for the offer, each qualifying account must be funded with a minimum of $1,000 and have at least one trade fulfilled within 60 days of the opening date.

What exactly is a “Qualifying account” or a “Account type”?

A “qualified account” or “account type” is a personal individual or joint account. It includes the following: “A CAD Cash (individual or joint), USD Cash (individual or joint), CAD Margin (individual or joint), USD Margin (individual or joint) RESP, CAD RRSP, CAD RRIF, CAD Spousal RRSP, CAD Spousal RRIF, USD RRSP, USD RRIF, USD Spousal RRSP, USD Spousal RRIF, LIRA, CAD TFSA or USD TFSA”.

Please note that some account types (such as RRSP, RRIF, cash, and margin accounts) offer both CAD and USD accounts. These are separate accounts and are treated as such under the offer. So, it becomes easier to reach the $150 sign-up bonus!

Does transferring assets from other brokers qualify for the offer?

Yes! Qualifying transfer funds may originate from an investment or bank account at any Canadian financial institution or broker, excluding Aviso Wealth Inc. or its subsidiaries.

To qualify as a “qualifying transfer”, assets transferred must not include any securities that are restricted, subject to a cease trade order, or that are non‐listed and without independent evidence of current value acceptable to Qtrade Direct Investing.

If your current Canadian broker or financial institution charges you for transferring the assets, that amount will be credited to your account (CAD or USD) up to a maximum of CAD/USD 150 per client when you transfer $15,000 or more (you need to show a receipt proving that expense). This is part of the BONUS150 offer for new clients and does not constitute a combining of Qtrade Direct Investing offers.

When will I get the cash bonus in my account?

After you have met all the criteria shown above, the bonus will be paid within 60 days of meeting all offer criteria.

Will this sign-up bonus offer end?

Yes! The sign-up bonus started on March 2nd, 2023, and is expected to conclude on June 30th, 2023. Still, remember that “Qtrade reserves the right, at its sole and absolute discretion, to modify, suspend, disqualify, limit or revoke this offer to any person or account holder for any reason (…)”.

Where is the Qtrade sign-up bonus available?

The Qtrade sign-up bonus is only available in Canada for investors who are of the age of majority in their respective province or territory when submitting their new account application.

Bottom line

We always applaud platforms that create win-win agreements: You create a new account and are satisfied with the platform, get a free cash bonus, and everyone wins.

Hope we helped and let us know your experience with the Qtrade sign-up bonus in the comments below!

Franklin Carneiro da Silva
Co-Founder & Fintech Analyst

Franklin is a CFA Level III Candidate with 3 years of experience in Wealth Management as a Fund Research Analyst and the Host of the "Edge Over Hedge" YouTube Channel.