Questrade Referral Code: How to Get a $50 Cash Bonus

Questrade is one of Canada's most popular self-directed investing platforms, and for good reason. It offers commission-free ETF purchases, low trading fees, and access to stocks listed on Canadian and US exchanges. For new Canadians looking to start investing, the Questrade referral program sweetens the deal with a $50 cash bonus just for signing up.

Questrade Referral Code

Use referral code 645729798488332 when signing up — claim the Questrade bonus.

How the Questrade Referral Program Works

The Questrade referral program is straightforward:

A new client signs up using referral code 645729798488332
They open and fund their account with at least $250
Both the new client and the referring client each receive a $50 cash bonus

The $50 is deposited as a cash bonus directly into your account once the funding requirement is met.

Where to Enter the Questrade Referral Code

The referral code 645729798488332 must be entered during the account application process. Look for the field asking if you have a referral code — it typically appears near the end of the sign-up form.

Important: The code cannot be applied after your account has already been created. If you forget to enter it, you will need to contact Questrade support to see if it can be manually applied, though this is not guaranteed.

What Can You Invest in With Questrade?

Questrade gives you access to:

Stocks — Canadian and US-listed equities
ETFs — Free to purchase (selling incurs a small commission)
Options — For more advanced traders
FX — Currency conversion at competitive rates
CFDs and forex — Via Questrade's separate platforms

For most Canadians just getting started, a simple portfolio of broad-market ETFs purchased commission-free is the best starting point.

Account Types Available

Questrade supports all major Canadian registered accounts:

TFSA (Tax-Free Savings Account)
RRSP (Registered Retirement Savings Plan)
FHSA (First Home Savings Account)
RESP (Registered Education Savings Plan)
Margin and cash accounts

The TFSA is often the best starting point for most Canadians, as investment growth is completely tax-free.

Transferring Existing Investments

If you already have investments at another institution, Questrade makes it easy to transfer them over. For accounts over $25,000, Questrade will even reimburse transfer-out fees charged by your previous provider, up to $150.

Is Questrade Safe?

Yes. Questrade is a member of the Canadian Investor Protection Fund (CIPF), which protects eligible client accounts up to $1 million per account category in the event that a member firm becomes insolvent. Questrade has been operating in Canada since 1999 and is regulated by CIRO.

Alternatives to Questrade

If you are comparing platforms before committing, a few other options worth considering:

Moomoo Canada — Up to $300 in rewards for new clients, CIRO-regulated with advanced AI-powered tools. Use code QKLL7PPM — Moomoo bonus
Webull Canada — $50 bonus with a $500 deposit, great for active traders who want advanced charting. Webull bonus
Wealthsimple — $25 bonus with just a $100 deposit, ideal for beginners. Use code US0EBW — Wealthsimple bonus

Verdict

If you are a Canadian looking to start investing with a low-cost, regulated platform, Questrade is one of the top choices. The $50 cash bonus is a great way to get started while keeping more money in your pocket.

🎁 Claim Your Bonus

Use referral code 645729798488332 to claim your Questrade bonus.