50 Free Trades Offer - Terms and Conditions

The Offer

Open and fund a new Qtrade Direct Investing account and you may be eligible for up to 50 free trades (the “Offer”). This Offer is only available to new Qtrade Direct Investing clients who submit a Qualifying Transfer of at least $10,000 in net new assets (net of withdrawals).

1. Offer Period​

1. This Offer applies to accounts opened between Friday, October 1, 2021 at 12.00 am ET and Friday, December 31, 2021​ at 11.59 pm ET (“Offer Period”)

2. Qualifying Account Criteria​

1. The online account application form associated with the account must have 50FreeTrades (the “Offer Code”) applied to it and must be submitted during the Offer Period.​
2. Qualifying Accounts must be individual or joint accounts that can be opened using our online application.​
3. Delivery Against Payment (DAP) accounts are ineligible for this Offer.​
4. 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.​
5. 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.​
6. Qualifying Accounts must be in good standing throughout the Offer Period and remain in good standing until the Offer is resolved on 11:59 am ET on March 31, 2022. The Qualifying Account must not have encountered a debit position or margin call during the Offer Period.​
7. In order to receive the rebate you must have a cash or margin account with Qtrade Direct Investing.​

3. Qualifying Transfer Criteria​

1. A transfer-in request of at least $10,000 in net new assets (net of withdrawals) must be submitted (“Qualifying Transfer”) by no later than Friday, December 31, 2021 in order to qualify as a Qualifying Transfer.
2. 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.​
3. 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.​
4. Assets transferred in or deposited must remain in your account(s) until Thursday, March 31, 2022. Any withdrawals or transfers out prior to this date will decrease the eligible assets that qualify for the Offer.

4. Qualifying Trade Criteria​

1. 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. ​
2. Qualifying Trades must be filled between the date of opening of Qualifying Account and no later than 11:59 pm ET on March 31, 2022.​
3. Qualifying Trades must be placed via the Qtrade Direct Investing online investing platform or the Qtrade Direct Investing mobile app.​

5. Eligibility Criteria​

1. The Offer is only available to new Qtrade Direct Investing clients.​
2. You must apply the Offer Code on the new account application form.​
3. The Qualifying Account must be opened during the Offer Period.​
4. This Offer is non-transferable and will not be valid in conjunction with any other offer or promotion.​
5. The Offer cannot be applied on previously or subsequently submitted account applications to Qtrade Direct Investing.​
6. For 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.​
7. 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.

6. General​

1. Standard commission rates will be applied to initial trades in the Qualifying Account. Qualifying Trades will be rebated on or about April 25, 2022.
2. The maximum value of this offer is equivalent to $8.75 x 50 Trades.
3. The commission rebates will be credited to the Qualifying Account in which the Qualifying Trades occurred.
4. Clients who qualify for this Offer will not be eligible for any other offers or promotions from Qtrade Direct Investing until this Offer is resolved on or about April 25, 2022.
5. 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.
6. 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.
7. The amount of any transfer-in fee charged by another Canadian broker or financial institution will be credited to your account (up to a maximum of $150 per client when you transfer $15,000 or more), subject to Qtrade Direct Investing’s receipt of the documentation evidencing such transfer-in fee. 
8. Qtrade Direct Investing reserves the right, at its sole and absolute discretion, to modify, suspend, disqualify, limit or revoke this offer generally or 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.
9. You may opt out of the Offer at any time by notifying Qtrade Direct Investing at 1.877.787.2330 or customersupport@qtrade.ca, in which case any credits made to your account pursuant to the Offer will be reversed.
10. Online brokerage services are offered through Qtrade Direct Investing, a division of Credential Qtrade Securities Inc. Qtrade and Qtrade Direct Investing are trade names and trademarks of Aviso Wealth Inc.