Funding your account

We offer ten different ways to fund your account, each with different processing times. Depending on the currency of the deposit and how quickly you want the money in your account, choose the method that works the best for you. It may take an additional 1–2 business days to activate new accounts.
Methods/FeaturesProcessing timeCurrency
Online banking bill payment (Free)1-2 business daysCAD
Interac Online (Free)Instant (for existing accounts). New accounts require an additional business day.

Funds deposited after 5:45 pm ET may take 1-2 days to be available for trading
Pre-authorized deposit
  • Up to 2 business days when total daily deposit amount is under $10,000
  • Up to 7 business days when total daily deposit amount is $10,000 or more
Transfer from another broker2-3 business days to process

15-25 business days for funding to arrive (depending on which financial institution the funds are coming from)
Wire transfer1-2 business daysCAD & USD
Certified cheque or bank draft1-2 business daysCAD & USD
Non-certified cheque
  • Canadian dollar non-certified cheques are held for 10 calendar days
  • U.S. dollar non-certified cheques are held for 15 calendar days
Money order1-2 business daysCAD & USD
Stock certificateAs the partner vendor we use to process physical stock certificates has closed temporarily due to COVID-19, we will not be accepting physical stock certificates at this timeCAD & USD

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
  • Credit cards
  • Cheques drawn on foreign banks, even if in U.S. currency.
  • Direct deposits by cheque or cash into Questrade's bank accounts

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The information contained in this website is for information purposes only and should not be used or construed as financial or investment advice by any individual. Information obtained from third parties is believed to be reliable, but no representations or warranty, expressed or implied is made by Questrade, Inc., its affiliates or any other person to its accuracy.

Questrade Wealth Management Inc. (QWM) and Questrade, Inc. are wholly owned subsidiaries of Questrade Financial Group Inc. Questrade, Inc. is a registered investment dealer, a member of the Investment Industry Regulatory Organization of Canada (IIROC) and a member of the Canadian Investor Protection Fund (CIPF), the benefits of which are limited to the activities undertaken by Questrade, Inc. QWM is not a member of IIROC or the CIPF.

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