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Best brokerage signup bonuses
Enjoy perks like free trades and cash rewards when you open a stock trading account with these online brokers.
Want to start buying and selling stocks? You could score free trades, low fees or other rewards by signing up for an account with a stock broker that offers a special bonus for first-time clients. We’ve done the research and put together a list of the best brokerage account bonuses in Canada—and other promotional offers you may want to check out.
Get $25 when you open a Wealthsimple account and fund at least $150.
Wealthsimple is a self-directed brokerage that lets you trade stocks and exchange-traded funds (ETFs) with zero commissions, zero account fees and no minimum balance. You can sign up for an account within minutes and start buying and selling stocks on Wealthsimple's user-friendly online platform or its highly-rated mobile app.
Free stock and ETF trades
Zero account fees and no minimum balance
Offers fractional stock trading
Trade around 40 cryptocurrencies with Wealthsimple Crypto (free to signup)
With Wealthsimple Plus ($10/month), you can get USD accounts, waived foreign-exchange fees on trades, unlimited price-change alerts and instant deposits of up to $5,000.
Limited to stocks and ETFs. Does not support options, bonds or OTC Market trades.
Unless you subscribe to Wealthsimple Plus, instant deposits are limited to $1,500 maximum.
Signup Offer
Get $25 when you open a Wealthsimple account and fund at least $150.
Get $50 in free trades when you fund your account with a minimum of $1,000.
Questrade offers both self-directed and professionally-managed investment portfolios. Established in 1999, this online investment platform and mobile app lets you invest in stocks, bonds, ETFs, GICs, forex, mutual funds, precious metals and more. ETF trades are free, and there are no account fees.
Wide range of securities and many account types
Free ETF trades
No account maintenance fees
Supports options trading
Access to OTC Markets stocks
Requires a minimum upfront investment of $1,000
Does not support fractional trading
Signup Offer
Get $50 in free trades when you fund your account with a minimum of $1,000.
Get up to a $150 sign-up bonus. Use code OFFER2024. Ends October 31, 2024.
Another established online Canadian brokerage on our list, Qtrade lets you buy and sell Canadian and US stocks, ETFs, mutual funds, bonds and GICs. Take advantage of Qtrade's solid market research and screening tools to find good investment opportunities. The quarterly account fee is waived if you hold a minimum balance of $25,000, and there are discounted fees for active traders.
No minimum deposit to open an account
Mutual funds are free to trade
Around 100 ETFs are free to trade (fees apply for other ETFs)
Lower fees for active traders
Supports options trading
Quarterly account fee of $25 if you don't hold a balance of $25,000+
Does not support trading commodities or cryptocurrency
No access to foreign markets
Signup Offer
Get up to a $150 sign-up bonus. Use code OFFER2024. Ends October 31, 2024.
Here’s a list of signup bonuses and promotional deals offered by popular Canadian stock brokers including the ones above. Before creating an account, read the terms carefully to make sure you meet any eligibility requirements (for example, you may need to make a minimum deposit to qualify for a bonus).
Provider
Highest signup bonus
Requirements
Lowest signup bonus
Requirements
Learn more
AvaTrade
$2,000+
Deposit $10,000 USD (contact broker for larger deposits)
Get up to a $150 sign-up bonus. Use code OFFER2024. Get a $50 sign-up bonus for each opened and funded account (max $150 bonus). Within 60 days of the account opening date, each qualifying account must have: a minimum account funding of $1,000 originating from outside of Qtrade and 1 filled qualifying trade or more. Ends October 31, 2024.
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
Stacie Hurst is an editor at Finder, specializing in a wide range of topics including stock trading, money transfers, loans, banking products, online shopping and streaming. She has a Bachelor of Arts in Psychology and Writing, and she completed one year of law school in the United States before deciding to pursue a career in the publishing industry. When not working, Stacie can usually be found watching K-dramas or playing games with her friends and family.
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finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
