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How to Fund your Questrade

By WealthHack  Posted on January 17, 2019 In Blog, Investing Tagged bill payments, cibc, how to fund, questrade, questrade funding Leave a comment 

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 Questrade, please click here.

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

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