Lesson How to open an account
Refer a friend
Introduce a friend or family member to Questrade and you’ll both receive $50 when they open a self-directed or a Questwealth Portfolios account using your referral code.
Where to find your referral code
To find your personal referral code, log in to your account and navigate to PROGRAMS > Refer a friend. To find your referral code on Questmobile jump to the section below.
The Refer a friend page will provide you with step-by-step instructions, your unique referral code, and an option to quickly share your code via email.
Once you share your code with your friend, they can follow these steps to open their account.
Open an account on a web browser
Head to the Questrade website to open an account.Select the green “OPEN AN ACCOUNT” button at the top of the page to get started.
Please note: The information shown in this article may vary slightly from your experience as we work to improve the overall account opening process.
From here you can fill out your personal information and navigate the steps to starting your account. If you need any help with opening your account, you can read our article on Opening a self-directed account, or opening a Questwealth portfolio account.
This account must be opened and funded within 60 days of starting this process. If you need more information, you can learn about how to open an account.
Open an account on Questmobile
On the next screen you can choose to log in or open an account.
To get the Refer a Friend bonus you must be a first time user so please select the No, open an account option.
On the next page you can learn more about the account types and choose which account type you would like to open. Select one of the options shown and select Next.
Note: The only account types available on Questmobile at this time are Tax-Free Savings Account, Retirement Savings Plan, and Margin account.
On the next screen it will show you the qualifications to open an account, once you have read through these and have seen that you qualify you can select the Next button.
This screen is where you will be able to input your Refer a Friend code.
Under Offer code, input the code your friend gave you and you can select Confirm.
Once it has been successfully added you can continue opening your account.
This account must be opened and funded within 60 days of starting this process. For more steps on how to open an account view our lesson here.
Then you will:
Earn a $50 reward for both of you within the next month!
Frequently asked questions
Who is eligible for the refer-a-friend program?
If you have at least one active Questrade account, you can refer up to 30 people who are new to Questrade each year. To be considered new, your friend should not have an existing application or account.
They will be able to use your code when they open their first Questrade Self-Directed Investing or QuestWealth account. For both of you to earn $50 each, they will need to finish opening their account within 60 days.
My friend and I followed all the steps, when can we expect the reward in our account?
After your friend finishes opening a new account with us, as long as they finish it within 60 days, you will both receive the reward the following month.
My friend couldn’t find where to add the referral code, can they still add it now?
If an account number hasn’t been created, please have your friend contact us by phone or chat and we will be happy to help.
However, if they have been issued with an account number and it appears on their application, they won’t be able to add the referral code anymore.
Why don't I see the reward in my account yet?
- The new account was not completed within 60 days
- The friend already has an account or application with Questrade
- The referral code was not entered correctly when starting the application
- All eligibility requirements are not yet met
I have multiple accounts, which account will be credited with the reward?
Your reward will be paid directly to your account. If you have active multiple Questrade accounts, your reward will be paid to your billing account.
To check which account is your billing account, please go to Account Management > Account Management, under “Billing account”.
The same goes for your friend. The reward will be paid to their new account or if they opened multiple accounts, it will be paid to their billing account.
Eligibility and offer guidelines
- Offer currently available for Questrade and Questwealth accounts only
- New customers must finish opening and funding an account using your referral code within 60 days
- Only new customers can use the referral code
- Every new customer can only use one referral code
- Referral codes cannot be combined with other offer codes
- You and your friend will receive $50 in your Questrade account after meeting all eligibility requirements
- You can refer up to 30 people per year
Note: The information in this blog is for educational purposes only and should not be used or construed as financial or investment advice by any individual. Information obtained from third parties is believed to be reliable, but no representations or warranty, expressed or implied, is made by Questrade, Inc., its affiliates or any other person to its accuracy.
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