How to fund an account

Once you’ve set up your account, choose the way you want to fund it. The name on your deposit account must be the same as your Questrade account. See minimum initial funding.

Ways to fund
Methods/Features Online Manage in your account Fastest Free CAD USD Recurring/ auto pre-set International
Online banking        
Interac Online  
Transfer your account to Questrade        
Wire transfer        
Certified cheque/bank draft            
Non-certified cheque            
Stock certificate            
Money order            

Funding information

Minimum initial funding

Self-directed 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.

Portfolio IQ accounts

$1,000 to start investing

Once you’re invested, you need to maintain an account value of $750 to keep your account in good standing. If the value of your account drops below $750, your investments will be liquidated.

FX & CFD accounts

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

* Some CFD products may require a higher balance.

Unacceptable deposits
  • Cash
  • Third party bill payments, cheques, or wires (drawn on a bank account in a name dissimilar to the Questrade account title)
  • Payment processors, such as PayTM and Plastiq
  • 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.