How to Open a Qtrade Account in 2026

Qtrade is one of Canada’s most respected online brokerages, offering access to stocks, ETFs, mutual funds, and a powerful research platform. Whether you're a new investor or switching from another broker, the account opening process is simple — and you may even qualify for a bonus.

In this guide, you’ll get a step-by-step walkthrough on how to open a Qtrade account, what documents you'll need, and how to fund your account smoothly.

👉 Current Promo: Get $50 when you open and fund a new Qtrade account — or up to $150 for 3 funded accounts.
📆 Valid from April 1 to October 31, [currentyear] | 🏷️ Use promo code OFFER2025
👉 Start your Qtrade application here

Step-by-Step: How to Open a Qtrade Account

1. Start the Online Application

• Visit: https://wealthawesome.com/recommends/qtrade

• Click on “Open an Account”

• Choose the account type(s) you want to open (e.g. TFSA, RRSP, non-registered)

2. Enter Your Personal Information

You’ll be asked to fill in:

• Full legal name

• Date of birth

• SIN (Social Insurance Number)

• Employment status and occupation

• Residential address and phone number

• Citizenship and tax residency details

💡 You must be a Canadian resident, 18+ years old, and provide a valid SIN.

3. Select Your Account Type(s)

Qtrade allows you to open a variety of accounts:

Account Type	Description
TFSA	Tax-free savings and investing
RRSP / Spousal RRSP	Retirement savings
RESP	Education savings for children
Non-registered	Regular taxable investing
RRIF / LIF / LIRA	Retirement income or locked-in accounts
Corporate / Joint	Business or shared investing accounts

You can open multiple account types in one application and fund them individually.

4. Upload ID and Documents

• Government-issued ID (e.g., driver’s license or passport)

• Voided cheque or direct deposit form (for linking your bank)

• Proof of address if requested (e.g., utility bill)

Qtrade uses digital ID verification for most users, but manual verification may apply in some cases.

5. Fund Your Account

Once approved, you can fund your account by:

• Bill payment (via your bank’s “Pay Bills” section)

• Direct deposit or pre-authorized contribution (PAC)

• Electronic Funds Transfer (EFT)

• Transfer from another brokerage (partial or full in-kind)

🔁 Qtrade offers a transfer fee rebate of up to $150 per account (min $15,000 per transfer).

6. Start Investing

After your account is funded, you can begin trading:

• Stocks

• ETFs (100+ are commission-free)

• Mutual funds, bonds, options, and more

Required Documents to Open a Qtrade Account

Make sure you have the following ready:

• Government-issued photo ID

• SIN (required for tax reporting)

• Banking info for funding (cheque, deposit form, or account details)

• Employment and financial information

Qtrade Account Opening Timeframe

• Most online applications are completed and approved within 1–3 business days

• Account funding can take 1–2 additional days depending on method

Frequently Asked Questions

Is there a minimum deposit to open a Qtrade account?

No — there is no required minimum to open most accounts, but a $2,000 minimum is required if you're using Qtrade Guided Portfolios (robo-advisor).

How long does it take to open a Qtrade account?

Most users are approved within 1–3 business days, depending on ID verification and account type.

Can I open multiple Qtrade accounts?

Yes — you can open multiple account types (TFSA, RRSP, RESP, etc.) and fund them separately.

What’s the current Qtrade promotion?

You can earn $50–$150 for opening and funding up to three accounts. Use promo code OFFER2025 before October 31, [currentyear].
👉 Start here

Final Thoughts: Is Opening a Qtrade Account Worth It?

Qtrade makes it easy to open an account with a clean online process, wide account support, and great customer service. With 100+ commission-free ETFs, advanced tools, and low fees, it's a top platform for Canadian investors.

If you're ready to get started — and want to claim a bonus — now’s the time.

👉 Open your Qtrade account today and use code OFFER2025 to get up to $150 in rewards.