10 Free Trades Offer - Terms and Conditions - New Clients
1. The Offer
Open and fund a new Qtrade Direct Investing account and you may be eligible for up to 10 free trades (the “Offer”). This Offer is only available to new Qtrade Direct Investing clients who are referred from a Credit Union partner of which they are a member or from a National Partner of which they are a client.
See the Terms and Conditions below for detailed requirements of the Offer.
2. This Offer is subject to the following Terms and Conditions:
This Offer applies to accounts opened between Monday November 8, 2021, at 12:00 am ET and concludes on Tuesday March 1, 2022, at 11:59 pm ET.
Qualifying Account Criteria
The account application form associated with the account must have 10FREETRADES or 10FREE (the “Offer Code”) applied to it and must be submitted during the Offer Period.
To qualify, the new account opened must be a cash (individual or joint), margin (individual or joint), RESP, RRSP, RRIF, Spousal RRSP, Spousal RRIF, U.S. RRSP, U.S. RRIF, U.S. Spousal RRSP, U.S. Spousal RRIF or TFSA account.
Delivery Against Payment (DAP) accounts are ineligible for this Offer.
New accounts must meet Qtrade Direct Investing’s opening requirements and related documentation requirements and be approved by Qtrade Direct Investing at its sole and absolute discretion.
The Offer is only applicable to a maximum of one (1) eligible account for each client. In the event that a client opens multiple eligible accounts, the Offer will only be applied to the first eligible account approved by Qtrade Direct Investing.
Qualifying Accounts must be in good standing throughout the Offer Period and remain in good standing until December 31, 2022. The Qualifying Account must not have encountered a debit position or margin call during the Offer Period.
In order to receive the rebate, you must have a non-registered cash or margin account with Qtrade Direct Investing. The rebate will be paid into a non-registered account.
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 banking account at any Canadian financial institution or broker, excluding Aviso Wealth Inc. or any of its subsidiaries.
Qualifying Trade Criteria
Qualifying trades for the purposes of this Offer are limited to commissionable equity and ETF trades only (“Qualifying Trades”). Option trades are not included and do not qualify for this Offer.
Qualifying Trades must be filled between the date of opening of the Qualifying Account and no later than 11:59 pm ET on November 30, 2022.
Qualifying Trades must be placed via the Qtrade Direct Investing online investing platform or the Qtrade Direct Investing mobile app.
The Offer is only available to new Qtrade Direct Investing clients.
You must apply the Offer Code on the new account application form.
The Qualifying Account must be opened during the Offer Period.
This Offer is non-transferable and will not be valid in conjunction with any other offer or promotion.
The Offer cannot be applied on previously or subsequently submitted account applications to Qtrade Direct Investing.
For spousal or joint accounts, only the primary account holder will be entitled to receive the Offer. This Offer is open only to the account holder and is not transferrable.
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.
Standard commission rates will be applied to initial trades in the Qualifying Account. Qualifying Trades will be rebated on or about December 31, 2022.
The maximum value of this offer is equivalent to $8.75 x 10 Trades.
Clients who qualify for this Offer will not be eligible for any other offers or promotions from Qtrade Direct Investing until December 31, 2022.
You are solely responsible for any tax consequences arising from or in connection with this Offer and / or the transfer of any assets into the Qualifying Account.
All dollar amounts mentioned in relation to this Offer are in Canadian dollars. U.S. currency trades subject to this Offer will be charged and rebated at the equivalent Canadian currency amount, based on the foreign exchange rate(s) applicable to specific trade date and rebate date.
The amount of any transfer-in fee charged by another Canadian broker or financial institution will be credited to your account in the currency (either CAD or USD) in which your transfer was made (up to a maximum of CAD/USD $150 per client when you transfer $15,000 or more), subject to Qtrade’s receipt of the documentation evidencing such transfer-in fee. This is part of the 10FREETRADES or 10FREE offer for new clients and does not constitute a combining of Qtrade Direct Investing.
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.
You may opt out of the Offer at any time by notifying Qtrade Direct Investing at 1.877.787.2330 or firstname.lastname@example.org, in which case any credits made to your account pursuant to the Offer will be cancelled or reversed.
Online brokerage services are offered through Qtrade Direct Investing, a division of Credential Qtrade Securities Inc. Qtrade is a registered trademark owned by Aviso Wealth Inc.