Fund an account

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Now you're ready to fund your account. The next step is to select a funding method and the amount you'd like to deposit into your account.

Not sure of how much to deposit into your new account?
Click minimum initial funding for more information.
Ways to fund
Methods/Features Online Manage in myQuestrade Fastest Free CAD USD Recurring/auto pre-set International
Online banking check   check check check   check  
Pre-authorized deposit check check   check check check check  
Transfer from another broker check check     check check    
Wire transfer     check   check check   check
Certified cheque/bank draft     check   check check    
Non-certified cheque         check check    
Stock certificate         check check    

Funding information

Minimum initial funding

Stocks & options accounts

$1,000 to purchase stocks and options
$5,000 to trade option spreads
$25,000 to write/sell uncovered options

To keep your account in good standing, $250 equity or account value is required.

FX & CFD accounts

USD $1,000* for an FX & CFD account.

CAD deposits to FX & CFD accounts are accepted and will be automatically converted to USD upon receipt.

* Some CFD products may require a higher balance.

Unacceptable deposits

  • Cash
  • Money orders
  • Third party cheques or wires (drawn on a bank account in a name dissimilar to the Questrade account title)
  • Cheques with incomplete information
  • Credit card cheques or other cheques drawn on credit lines
  • Credit cards
  • Direct deposits by cheque or cash into Questrade's bank accounts
  • Cheques drawn on foreign banks, even if in U.S. currency.

Bounced cheque policy

Questrade will assess a $30.00 fee for each returned cheque.

Cheques returned NSF will result in an account being restricted for a 90-day period. Multiple instances of returned cheques will result in a permanent restriction of this type of payment. This restriction limits new deposits to: bank wire transfers or certified cheques issued by a bank. If the funds represented by the NSF cheque were intended to meet a margin call or to purchase securities, the account may be subject to immediate liquidation as determined by Questrade.

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