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Abstract:Learn about the deposit and withdrawal methods available at Questrade, including processing times and fees for smooth transactions.
Questrade offers simple and free deposit and withdrawal options, ensuring smooth financial transactions for its clients. The broker accepts Visa Debit, Interac e-Transfer, and Bank Transfers.
Deposit Method | Minimum Deposit | Deposit Fees | Deposit Time |
Visa Debit | $10 CAD | $0 | Instant (up to daily limit) |
Interac e-Transfer | $10 CAD | $0 | Instant (within banks' transfer time) |
Bank Transfer | $50 CAD | $0 | 1–2 business days |
Withdrawal Method | Withdrawal Fees | Withdrawal Time |
EFT | $0 | Up to 5 business days |
Wire Transfer | Varies by bank | Depends on the bank |
No, Questrade does not charge any deposit fees.
There are no fees for withdrawals via EFT.
Yes, Visa Debit and Interac e-Transfer deposits are processed instantly.
Withdrawal via EFT takes up to 5 business days.
The minimum withdrawal amount depends on the method used.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.