Can I transfer my assets from another brokerage to Questrade?

Yes, individuals can transfer their assets from another brokerage to Questrade. The process is known as an account transfer or a transfer-in process, and Questrade has made it relatively simple for clients to facilitate this transition. To initiate a transfer, one typically needs to open a Questrade account if they do not already have one. Once the account is open, the next step is to complete and submit a Transfer Authorization Form, which allows Questrade to retrieve the assets from the current brokerage. It is important to note that the time it takes to complete an asset transfer can vary depending on the institutions involved and the type of assets being transferred. Clients should be aware of potential fees associated with the transfer from their current brokerage, as some firms may charge for outgoing transfers. Questrade, in contrast, offers promotions or reimbursements for transfer fees in certain situations. For the most accurate and up-to-date information regarding the transfer process, including any necessary forms and guidelines, it is beneficial to check the information available on Questrade's current website.