Active deal
Questrade Referral Code 2026: Up To $250 Cashback Bonus
Editorial pick
Questrade
Requirements
- New Questrade account (first-time customer)
- Sign up using a referral code or affiliate link
- Fund the account with at least $1,000 within 60 days
- Maintain the funded amount for 30+ days
- Canadian resident, 18+ (19+ in some provinces)
How to claim it
- Click an active Questrade referral link
- Open a Questrade account using your real legal name (15-20 minutes)
- Verify your identity (Canadian government ID + SIN)
- Fund at least $1,000 via Interac e-Transfer or bank transfer within 60 days
- Maintain funding for 30+ days — bonus credits to your account based on tier
Questrade is one of Canada’s largest independent online brokerages, and its referral program pays the highest signup bonus in Canadian self-directed investing. Up to $250 cashback for new Canadian investors who fund their account with $25,000+. Lower funding tiers earn $50-$100.
This page covers exactly how the bonus works in 2026, who qualifies, and how to claim it.
The bonus structure
| Funding amount | Cashback bonus |
|---|---|
| $1,000 - $9,999 | $50 |
| $10,000 - $24,999 | $100 |
| $25,000+ | $250 |
Cashback is paid as cash to your Questrade account 30-45 days after qualifying funding. You can then trade with it, withdraw it, or transfer it.
Who qualifies
- New Questrade customers only. If you’ve ever held a Questrade account (open or closed), you don’t qualify.
- Canadian residents age 18+ (19+ in some provinces).
- Valid SIN and Canadian government ID required at signup.
- Funded with $1,000+ within 60 days of account opening.
- Held for 30 days after the qualifying deposit.
Why $250 makes Questrade the highest-payout brokerage referral
- Wealthsimple Trade: $25 (at $100+ funding)
- Moomoo Canada: $130 (at funded account)
- IBKR: tiered, up to $1,000 at very high deposits
- TD/RBC/BMO/Scotia direct brokerages: typically nothing
For investors with $25K+ to deposit, Questrade’s $250 is the highest-payout offer on a non-tiered Canadian brokerage. The catch: $25K is significant capital. Most users qualify at the $50 (at $1K) or $100 (at $10K) tier.
How to claim — step by step
- Click an active Questrade referral link (this page links to ours when active).
- Click “Open Account” and select the account type you want (TFSA, RRSP, FHSA, Cash, etc.).
- Complete the application (15-20 minutes). Have your SIN and ID ready.
- Wait 1-3 business days for account approval.
- Fund the account with $1,000+ via Interac e-Transfer, bank transfer, or in-kind transfer.
- Hold the funded amount for 30 days.
- Cashback credits to your account 30-45 days after funding.
What to do once you have the account
Once your Questrade account is funded, the highest-leverage moves are:
- Read Questrade Review for honest fee analysis
- Compare with Wealthsimple Trade (head-to-head)
- Pick your investments — see Best Canadian ETFs 2026 for the picks I personally hold
Bottom line
If you’re a new Canadian investor with $1,000+ to deposit and you don’t already have a Questrade account, the referral bonus is essentially free money. Use a referral link, fund with at least $1,000, hold 30 days, collect $50-$250.
Frequently asked questions
How does the Questrade referral bonus work?
Sign up for Questrade through an active referral link or with a referral code at signup, fund the account with at least $1,000 within 60 days of opening, and maintain that funding for 30 days. After the holding period, Questrade credits cashback based on tier: $50 for $1,000-$9,999, $100 for $10,000-$24,999, or $250 for $25,000+. Cashback is paid as cash to your Questrade account.
What's the minimum to qualify for the Questrade bonus?
$1,000 funding within 60 days of account opening. The funding can come from any source — bank transfer, in-kind transfer from another broker, or contributing existing investments. The $1,000 must remain in the account for 30+ days. After that, you can buy/sell/withdraw normally and the bonus tier is locked in based on the funded amount.
Can I get the Questrade bonus without a referral?
No. The Questrade cashback bonus is exclusive to referral signups. Direct signups through questrade.com don't qualify. You must use a referral link or referral code at the time of account opening. The referrer also receives a small bonus when you qualify (typically $25), which doesn't reduce yours.
How long does it take to receive the Questrade bonus?
Approximately 30-60 days from account opening, assuming you fund with $1,000+ within 60 days. Funded amount is verified after 30 days of holding, then cashback is credited within 1-2 weeks. Most users see the bonus in their Questrade account 30-45 days after account opening.
Is the Questrade bonus better than Wealthsimple's?
For larger investors, yes. Wealthsimple Trade pays $25 for any $100+ funding. Questrade pays $50 (at $1K), $100 (at $10K), or $250 (at $25K). For someone with $25K+ to invest, Questrade's bonus is 10x Wealthsimple's. For smaller balances, Wealthsimple wins. Many Canadians stack both — $25 from Wealthsimple + $50-250 from Questrade for combined $75-275.
Does the Questrade bonus apply to TFSA or RRSP?
Yes. The bonus applies to any Questrade account type — TFSA, RRSP, FHSA, RRIF, Cash, Margin, or Spousal. Most users open the account that fits their investment goal first (TFSA for tax-free growth, RRSP for retirement, FHSA for first-home), fund it with the qualifying amount, and earn the bonus.
What's the difference between Questrade and Wealthsimple Trade?
Wealthsimple Trade is best for beginners — $0 commissions on stocks AND ETFs, fractional shares, $1 minimum, modern app. Questrade is best for active investors — free ETF buys (sells charged), native USD account, full account-type support including RESP, USD margin, and active-trader pricing. Read our [Wealthsimple vs Questrade comparison](/compare/wealthsimple-vs-questrade) for the full head-to-head.
Editorial pick
Questrade
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