Getting a bonus for opening a brokerage account can provide an initial boost to your portfolio. But Canadian trading platforms will also often offer investment account promotions to entice you to sign up on their platform and to help offset any transfer-out fees your previous brokerage might charge.
Investment account promotions in Canada will often look like cash promotions, free trades, discounted fees on select trades or cashback, and are available to new customers only. But researching different trading platforms to find the best brokerage account bonus can be time-consuming.
That’s why we compiled a list of up-to-date trading promos available from brokerages in Canada so you can easily compare investment account promotions, transfer promotions and referral bonuses available now.
| Platform | Trading promo | Minimum deposit to open | Get offer |
|---|---|---|---|
 Questrade | Get $50 cash back (with a $250 minimum deposit) by using our Questrade promo code FINDER100 when signing up. Offer ends April 13, 2026. | $0 | |
 Qtrade Direct Investing | Earn up to $5,000 in cashback when opening and funding a new Qtrade account. Use code CASHBACK26. Valid until April 30, 2026. | $0 | |
 CIBC Investor’s Edge | Get 100 free trades and up to $15,000 cashback | $0 | |
 Wealthsimple | Get up to a 3% match. Win a $3M home. T&Cs apply. Valid until March 31. | $0 | |
 Moomoo | Get up to $4,600+ in trading perks: Get a 6% cashback reward offer, commission fees refunded up to $2,000 in the first 30 days, $300 in stock coupons and $2,300 in transfer-in rewards.T&Cs apply. | $0 | |
 Interactive Brokers | No promotion available | $0 | |
 RBC Direct Investing | No promotion available | $0 | |
 Scotia iTrade | Get up to $10,000 cash by opening and funding a new Scotia iTRADE account. Use offer code WIN26. T&Cs apply. | $0 | |
 BMO InvestorLine | Win up to $100,000. Open and fund a new BMO InvestorLine account for your chance to win one of 11 cash prizes. T&Cs apply. Valid until June 1, 2026. | $0 | |
 Tangerine Investments | Get a 2% Investment Bonus and earn up to $20,000 per Account type. Valid until April 30, 2026. | $0 | Dive deeper |
 National Bank Direct Brokerage | No promotion available | $0 | |
 TD Easy Trade | No promotion available | $0 | |
 Desjardins Online Brokerage (Disnat) | No promotion available | $1,000 | |
 Webull | Get up to 4% match bonus when you make an initial deposit or transfer. T&Cs apply. Valid until March 31, 2026. | $0 |
| Platform | Trading promo | Get offer |
|---|---|---|
 | Buy your first crypto and get $10 in BTC with code BTCCA10. Canadian users only. | |
 | No promotion available | |
 | Use code Finder30 to get a 30% discount on all commission for 1 transaction. T&Cs apply. | |
 | Get $40 on a first deposit of $250+. | |
 | Get a $20 bonus when you open a new account and deposit $100+. T&Cs apply. | |
 | No promotion available | |
 | No promotion available | |
 | No promotion available |
Yes, many trading platforms in Canada offer promotional bonuses when you open a new brokerage account. These promo offers can include anything from a select number of free trades, discounted trades or cash back.
The best brokerage account bonuses are most typically offered by online brokerages, including Moomoo, CIBC Investor’s Edge and Qtrade.
Here is a summary of some of the best trading promos and brokerage bonuses available now:
You can compare more brokerage account bonuses in our list of trading promos available now in our list above.
The best trading promos and brokerage account bonuses will typically be offered by online brokerages in Canada as opposed to traditional physical brick-and-mortar brokers. Most online brokerages are designed to give you the tools to manage your investments yourself, which is why they will often offer new brokerage account bonuses with free or discounted trades.
There are a few investment platforms that consistently offer some of the best trading promos on the market, including CIBC Investor’s Edge, Moomoo and RBC Direct Investing. These brokerages also made our list of the best trading platforms in Canada.
Trading promos and brokerage bonuses come with attractive perks, but opening a new investment account may not be right for you. Here are a few things to think about:
To qualify for any trading promo offers, be aware that bank promos aren’t available for accounts you already have. Some specialized offers will also sometimes require you to complete specific actions, like the following, before you can receive the bonus:
Trading platforms in Canada sometimes offer trading promos or discounts for young investors looking to build their portfolios. Platforms offer those incentives to help young adults begin investing, even if they have little money. Current young investor promos and discounts include:
| Trading platform | Investor age | Perks |
|---|---|---|
| Qtrade Direct Investing | 18 to 30 |
|
| CIBC Investor's Edge | Under 25 |
|
| Scotia iTRADE | Up to and including the year investors turn 26 |
|
| National Bank Direct Brokerage | 30 or younger on May 31 of each year |
|
| Desjardins Online Brokerage (Disnat) | Under 30 |
|
Stock trading platforms will also often offer incentives and referral bonuses to encourage their current customers to get their friends and family to sign up for a trading account with the platform. These stock trading referral promos can often earn you anywhere from $25 to over $200.
Here is a breakdown of referral bonuses currently available from stock trading platforms in Canada:
Trading promos can be an attractive perk, but whether they’re worth it depends on your investment goals and habits. These brokerage bonuses may come with conditions, such as minimum deposit requirements or maintaining a minimum account balance, which can be challenging for some investors.
While a cash bonus or free trades might be tempting, it’s essential to consider the overall costs of the brokerage, including fees and commissions, and whether the platform meets your long-term needs.
In some cases, you might find that the benefits of a bonus are outweighed by higher ongoing costs or limitations on investment options, so it’s important to evaluate the full picture before deciding.
Importantly, you can always transfer your account to a different broker if it doesn’t end up working for you. Just check whether the broker charges an outgoing account transfer fee and if the broker to which you’re moving your account will reimburse these fees.
Yes, most Canadian stock trading platforms offer transfer-out fee rebates. Platforms offer that additional sign-up bonus because most institutions charge a transfer-out fee of around $150 to move your funds to a different platform, which can be a big deterrent for potential customers thinking of making the switch.
So in order to incentivize transferring your funds to a new platform, companies will often offer to rebate the fee that your previous institution charged you.
You can see a summary of transfer-out fees and rebate offers for some popular trading platforms below:
| Platform | Transfer-out fee | Transfer-in rebate | Funding methods |
|---|---|---|---|
| Questrade | $150 | Up to $150 per account | INTERAC e-Transfer Electronic Funds Transfer (EFT) Online bill payment Wire transfer Debit card Pre-authorized deposit (PAD) Non-certified cheque |
| Qtrade Direct Investing | $150 | Up to $150 | Electronic Funds Transfer (EFT) Online bill payment |
| CIBC Investor's Edge | $150 | Up to $15,000 cashback (the current promo offer) | Bank transfer Electronic Funds Transfer (EFT) Non-certified cheque |
| Wealthsimple | $0 | 1%–3% match (The (Un)Real Deal) | INTERAC e-Transfer Electronic Funds Transfer (EFT) Wire transfer Debit card |
| Moomoo | Undisclosed | Up to $2,300 in stock cash coupons | INTERAC e-Transfer Electronic Funds Transfer (EFT) Online bill payment Wire transfer |
| Interactive Brokers | $0 | N/A | Electronic Funds Transfer (EFT) Online bill payment Wire transfer |
| RBC Direct Investing | $150 | Up to 500k Avion points | Electronic Funds Transfer (EFT) Online bill payment Pre-authorized deposit (PAD) |
| Scotia iTrade | $150 | Up to $150 | Direct deposit Bank transfer Electronic Funds Transfer (EFT) Online bill payment Wire transfer Pre-authorized deposit (PAD) Non-certified cheque |
| BMO InvestorLine | $150 | Up to 1% cashback (max $10,000) | Bank transfer Online bill payment Pre-authorized deposit (PAD) |
Trading brokerages offer different bonuses and promotions to incentivize potential customers to sign up for a new investment account. Whether you’re interested in buying stocks online for the first time or simply want to earn cash back or free stock, see which brokers offer a promotion before you sign up. Compare promotions but also consider its tools, features and fees to find the best stock trading app for you.
Having two brokerage accounts may be worth it if you don't find that one broker offers all the features you're looking for. It also lets you take advantage of multiple brokerage account bonuses.
Yes, investment income is typically taxable in Canada. The Canada Revenue Agency taxes investment income differently based on whether the income is from interest, dividends or capital gains. Read our full guide to investment taxes to learn more.
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