Learn how to setup and fund your Qtrade Direct Investing account by Direct Deposit (also referred to as Electronic Funds Transfer or EFT).
Direct Deposit (or EFT) is one method to electronically fund your Qtrade Direct Investing account, enabling deposits in both CAD or USD plus recurring deposits.
To setup and fund your account by Direct Deposit using Qtrade - Web:
1. Login to your Qtrade Direct Investing account
2. In the top navigation bar, select Transfer Funds under the Accounts menu
3. Select Transfer money
4. Select Deposit money
5. Select Direct deposit
6. From the Electronic funds transfer page, you can connect your banking account and enable direct deposit by selecting Add a new Bank Account
Note, if you can't find your financial institution for direct deposit, use our alternate method and Upload a Void Cheque
To setup and fund your account by Direct Deposit using the Qtrade app:
1. Login to your Qtrade Direct Investing app
2. In the bottom navigation bar, select Accounts then under Transfers, select Transfer money
3. Select Deposit money
4. Select Direct deposit
5. From the Direct deposit page, you can connect your bank account and enable direct deposit by selecting Add new Bank Account