To Qualify:

• Submit a new account application to Qtrade Direct Investing to open a new First Home Savings Account (FHSA) by March 4, 2024.
• Fund your new Qtrade Direct Investing FHSA with at least $1,000 in new assets AND make at least one qualifying trade by March 31, 2024.
• Once the offer criteria are met, the $50 bonus will be deposited into your other existing or new Qtrade Direct Investing account that is not an FHSA by April 30, 2024.

1. The Offer

Open and fund a new Qtrade Direct Investing FHSA and you may be eligible to receive $50 as a cash bonus (the “Offer”). This Offer is available to new and existing clients who submit an application by March 4, 2024.

To be eligible for the offer, the qualifying FHSA must be funded with a minimum of $1,000 via qualifying transfers (“Qualifying Transfer”) AND have at least 1 qualifying trade (“Qualifying Trade”) fulfilled by March 31, 2024.

Once the offer criteria are met, the $50 bonus will be deposited into your other existing or new Qtrade Direct Investing account that is not an FHSA by April 30, 2024.

2. This Offer is subject to the following Terms and Conditions: 

Offer Period

This Offer commences on December 7, 2023, at 12:00 am ET and concludes on March 31, 2024, at 11:59 pm ET (the “Offer Period”).

The account application must be submitted by March 4, 2024 (the “Application Period”), and the qualifying FHSA must be funded and have at least one trade fulfilled by March 31, 2024 to be eligible to receive the $50 cash bonus.

Qualifying FHSA Criteria

The account application form associated with the qualifying FHSA must be submitted during the Application Period.

To qualify, the new account(s) opened must be a CAD FHSA or USD FHSA.

In the event that a client opens multiple eligible accounts, the Offer will only be applied to the first account that meets the offer conditions.

For this Offer, CAD FHSA and USD FHSA are considered separate accounts and are treated as such under the Offer.

New accounts must meet Qtrade Direct Investing’s account opening and related documentation requirements, and be approved by Qtrade Direct Investing, in its sole and absolute discretion.

Qualifying FHSAs must be in good standing throughout the Offer Period.

Your qualifying FHSA must not have encountered a debit position or margin call during the Offer Period.

Qualifying Transfer Criteria

In order to qualify as a Qualifying Transfer, assets transferred in 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.

Qualifying Transfer funds may originate from an investment or bank account at any Canadian financial institution or broker.

Qualifying Trade Criteria

Qualifying Trades for the purposes of this Offer are commissionable equity and ETF trades only, and do not include commission-free ETF trades. ​

To be eligible for the offer, the qualifying FHSA must be funded with a minimum of $1,000 via qualifying transfers (“Qualifying Transfer”) AND have at least 1 qualifying trade (“Qualifying Trade”) fulfilled by March 31, 2024.

Qualifying Trades must be placed online via the Qtrade Direct Investing platform, or the Qtrade Direct Investing mobile app.​ Trades placed with an agent over the phone do not qualify.​

Eligibility Criteria

The Offer is available only to a new FHSA opened by new or existing Qtrade Direct Investing clients.

The qualifying FHSA must be opened during the Offer Period.

This Offer is non-transferable and can only be used once per client and cannot be applied on previously or subsequently submitted account applications to Qtrade Direct Investing.

This Offer cannot be combined with other $50, $100 or $150 sign-up bonus offers within the same FHSA account.

To qualify, you must also have or open a Qtrade Direct Investing account that is not a FHSA to be eligible to receive the cash bonus. The cash bonus will be paid into your Qtrade Direct Investing account that is not a FHSA.

You must be a Canadian resident who is of the age of majority in your respective province or territory when submitting your new account application.

General

The $50 bonus will be deposited into your other existing or new Qtrade Direct Investing account that is not an FHSA by April 30, 2024.

You are solely responsible for any tax consequences arising from or in connection with: this Offer; the transfer of any assets; and/or the payment of any cash bonus.

All dollar amounts mentioned in relation to this Offer are in Canadian dollars.

The amount of any transfer-in fee charged by another Canadian broker or financial institution when you transfer in $15,000 or more to a qualifying FHSA will be credited to your qualifying FHSA in the currency (either CAD or USD) in which your transfer was made (up to a maximum of CAD/USD $150 per client), subject to Qtrade Direct Investing’s receipt of the documentation evidencing such transfer-in fee. This rebate does not constitute a combining of Qtrade Direct Investing offers.

Qtrade Direct Investing 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, including but not limited to manipulation or abuse of the process, fairness, integrity or operation of the Offer.

The terms and conditions of this offer, including its overall availability, are at the sole and absolute discretion of Qtrade Direct Investing and are subject to change at any time without prior notice.

You may opt out of the Offer at any time by notifying us at 1.877.787.2330 or directinvesting@qtrade.ca, in which case the cash bonus pursuant to the Offer will be cancelled or reversed.