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Questrade Review

What Questrade offers, how the referral bonus works and whether it's worth signing up.

Last reviewed: October 2026

4.4/ 5

Overall Rating

The Questrade referral code 645729798488332 pays $50 once you open a new account and fund it with at least $250 within 60 days. The bonus is modest, but the bar to clear is low, and Questrade is a long-running Canadian brokerage with registered accounts, managed portfolios and commission-free ETF purchases.

Bonus Value
4
Ease of Claiming
4.5
Payout Speed
4
Requirements
4.5
Beyond the Bonus
5

About Questrade

Founded in 1999 and based in Toronto, Questrade is regulated by CIRO and is a CIPF member, with protection of up to $1M per account category.

Questrade offers self-directed TFSA, RRSP, FHSA, RESP and margin accounts, plus managed Questwealth Portfolios, with commission-free ETF purchases. Use code 645729798488332 when you apply and fund your account with $250 to claim your $50 bonus.

$50

New client bonus

$250

Minimum to qualify

Founded 1999

Toronto-based brokerage

CIPF Member

Up to $1M per account category

What Questrade Offers

The main products you get with a Questrade account.

Self-Directed Investing

Buy stocks and ETFs on Canadian and US exchanges in a TFSA, RRSP, FHSA, RESP, margin or cash account. ETF purchases are commission-free.

Questwealth Portfolios

A managed robo-advisor that builds and rebalances a diversified ETF portfolio for you based on your goals and risk tolerance.

Registered Accounts

Open a TFSA, RRSP, FHSA or RESP and hold stocks, ETFs and more inside it, all from one login.

Margin Accounts

Borrow against your holdings to trade on margin, with access to options trading once you're approved.

Questrade Edge

A web trading platform with real-time quotes, charting and watchlists for more active investors.

Free Broker Transfers

Move an account over from another broker and Questrade covers eligible transfer-out fees up to the stated limits.

Key Features

What stands out about Questrade in everyday use.

  • $50 bonus with referral code 645729798488332 after you open and fund a new account
  • Only $250 needed to qualify for the bonus
  • 60 days to open and fund your account after you start the application
  • ETF purchases are commission-free
  • Self-directed accounts including TFSA, RRSP, FHSA, RESP and margin
  • Managed Questwealth Portfolios if you'd rather not pick investments yourself
  • Trade Canadian and US stocks and ETFs from one account
  • Free transfers in from other brokers, with eligible transfer-out fees covered
  • Regulated by CIRO and a CIPF member, with protection up to $1M per account category
  • Online application with no branch visit and no account minimum to open

Is Questrade Right for You?

It's a good fit if

you were going to open a TFSA, RRSP or margin account anyway and want a low bar to clear for the bonus.

You might skip it if

you want the biggest possible bonus and plan to move $20,000 or more.

Ready to claim your $50 bonus?

See how the Questrade referral code works, the terms to watch for and the steps to claim it.

Questrade Referral Code