Questrade offer 10 different ways to fund your account, each with different processing times. I’m going to demonstrate one method of payment through Online Banking Bill Payment using CIBC online banking. For more info about other ways of funding Q
Add Questrade as a Payee
Log in to your online banking, click Bill Payments, and click Add or Edit Payees menu. Enter Questrade through Search form
Choose Questrade Inc
Click Questrade Inc
Enter Payee Nickname
You can name it whatever you like. i.e. I use Questrade TFSA, Questrade RRSP and/or Questrade Margin
Enter Account Number
Enter your Questrade Account Number and click Add Payee
Security Verification
CIBC will text you the code for security
Transfer Fund
Click on Pay this bill to transfer fund
Enter the Amount
Please note that you will need $1,000 for each account to activate the trading account.
If you have any question or suggestion regarding this instruction, please feel free to contact me. For Questrade Support, please click here
