Legal & disclosures

Questrade Plus Cashback on Options

Offer Terms and Conditions

Questrade, Inc. ("Questrade") is offering eligible Questrade Plus subscribers $0.05 CAD cashback (the "Cashback") for each qualifying US equity options contract executed. The Cashback amount earned depends on the total number of qualifying US equity options contracts executed in the previous calendar month. The terms of this offer (the “Offer Terms”) are provided below.

1. Eligibility

The Questrade Plus options cashback (the "Cashback") is available to clients who hold an active Questrade Plus subscription (“Subscription”) and a Questrade account in good standing. For greater clarity, clients on a free trial or discounted promotion of Questrade Plus are eligible for the Cashback.

2. Cashback Amount

Eligible clients earn $0.05 CAD per qualifying US equity options contract executed in their self-directed Questrade account during the calendar month.

3. Qualifying Transactions

The Cashback applies only to executed (filled) US equity options contracts (“Qualifying Transactions”). Buy and sell orders both count. The Cashback is calculated per contract, not per order.

The Cashback applies only to contracts executed on or after the date your Subscription is activated. For further clarity, the Cashback is not applied to contracts executed before your Subscription was active.

As a one-time exception to the paragraph above, clients who have an active Subscription on July 29, 30, or 31, 2026 will earn the Cashback on all qualifying US equity options contracts executed during the entire month of July 2026, including contracts executed before their Subscription became active. This exception applies only to contracts executed in July 2026 (excluding contracts executed in June 2026 and settled in July 2026) and only to subscriptions active on July 29–31, 2026. All other Qualifying Transaction terms continue to apply, and this exception does not extend to any other month or subscription activation date.

If your subscription is cancelled mid-month, you will continue to earn the Cashback until the earlier of the last day of that month or until the effective end of your subscription. This Cashback will be paid in the next scheduled payout cycle to an eligible Payout Account (as defined below). Starting on the first day of the next calendar month, should you choose to cancel your subscription, you will no longer earn the Cashback.

The following are ineligible for the Cashback:

Orders executed outside of standard trading hours (pre-market or after-hours)

4. Eligible Accounts

The Cashback may be generated by Qualifying Transactions executed in all self-directed Questrade account types, including TFSA, RRSP, and Margin accounts. Information regarding the terms of payment of the Cashback is addressed below in the Cashback Payment section.

5. Cashback Calculation

The Cashback is calculated based on the total number of qualifying US equity options contracts executed during the calendar month (while holding an active Questrade Plus subscription). For greater clarity, transactions completed by an authorized trader count toward the primary account holder’s total value for purposes of calculating the Cashback.

Example: An executed order for 10 US equity options contracts earns $0.50 CAD (10 x $0.05).

6. Cashback Payout

The Cashback will be paid by way of a deposit into an individual self-directed Questrade Cash or Margin account (each an “Eligible Payout Account”) as a monthly lump sum on or before the third business day of the following calendar month (each a “Cashback Payout Date”). If on the last day of the calendar month you do not have at least one Eligible Payout Account open and in good standing, you will be unable to receive the Cashback for that month. Questrade reserves the right, in its sole and absolute discretion, to contact you and offer you an opportunity to open an Eligible Payout Account, or to otherwise deem you eligible for the Cashback, if your eligibility can be verified before the following Cashback Payout Date.

In the event you have several Eligible Payout Accounts, the following logic applies for selecting the account you want to receive the Cashback:

Self-directed cash account (oldest if multiple);
Self-directed margin account (oldest if multiple).

The Cashback may constitute taxable income. You are responsible for any tax obligations arising from receipt of the Cashback.You should consult a qualified tax professional regarding your specific tax situation.

7. Questrade reserves the right to modify, suspend, or terminate this Offer and these Offer Terms at any time and for any reason, with or without notice.

8. All amounts quoted are in Canadian dollars ("CAD") unless explicitly indicated otherwise.

9. The headings and subheadings used in these Offer Terms are for convenience and reference only. They do not form a part of the Offer Terms and will not be used to interpret or construe its terms.

10. In the event of any discrepancy or inconsistency between these Offer Terms and disclosures or other statements contained in any Offer-related materials, including but not limited to point of sale, television, print or online advertising, the terms and conditions of these Offer Terms shall prevail, govern and control.

11. If any provision of these Offer Terms is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.

12. The decisions and interpretations of Questrade with respect to any aspect of this Offer are final and binding on all participating clients to the extent permitted by applicable law and regulatory requirements, and without limiting any rights you may have to submit complaints through applicable regulatory channels.

13. If Questrade in its sole discretion determines a client has committed or suspects a client of fraud, abuse, manipulation, violating these Offer Terms, or gaming the Offer construct in a way that runs counter to how the Offer was intended to operate, Questrade may, in its sole and absolute discretion, take any action it considers appropriate, including but not limited to, disqualification and removal from any current or future offers or promotions, forfeiture or withdrawal of the Cashback and associated benefits, or closure of the client's accounts with Questrade and/or its affiliates.

14. You acknowledge having received the French version of this document before expressing your intention to contract exclusively in English. Vous reconnaissez avoir reçu la version française du présent document avant d’avoir exprimé votre volonté de contracter exclusivement en anglais.

Questrade is a registered investment dealer, a member of the Canadian Investment Regulatory Organization ("CIRO") and a member of the Canadian Investor Protection Fund ("CIPF"), the benefits of which are limited to the activities undertaken by Questrade. QWM is not a member of CIRO or the CIPF.

Questwealth Portfolios® is a service provided by Questrade Wealth Management Inc.

Questrade Wealth Management Inc. is a registered Portfolio Manager, Investment Fund Manager, and Exempt Market Dealer.

Questrade, Inc. provides administrative, trade execution, custodial, and reporting services for all Questwealth accounts.

Last modified: July 18, 2026