Go to the Globe and Mail homepage

Jump to main navigationJump to main content




Online Brokers 2012: How stock trading commissions stack up among Canada's online brokerages Add to ...

Follow us on Twitter: @GlobeInvestor

Here are the online stock trading commissions that would apply in three different transactions. Where multiple prices appear, the last applies to small accounts, and the others apply to clients with accounts big enough to qualify for commission discounts. Discounts for active trading are not included. Check with individual firms to see how big your account needs to be to qualify for lower commissions.

of a $30 stock
of a $20 stock
of a $1.50 stock
BMO InvestorLine 9.95/29 9.95/36 9.95/225
CIBC Investor's Edge 6.95/9.95/28.95 6.95/9.95/36 6.95/9.95/225
Credential Direct 19 24 200
Disnat (Classic) 9.95/29 9.95/36 9.95/225
HSBC InvestDirect 9.88/28.88 9.88/28.88 9.88/225
National Bank Direct Brokerage 9.95/28.95 9.95/36 9.95/225
Qtrade 9.95/19 9.95/30 9.95/200
Questrade 4.95 9.95 9.95
RBC Direct Investing 9.95/28.95 9.95/36 9.95/225
Scotia iTrade 9.99/24.99 9.99/36 9.99/300
TD Waterhouse 9.99/29 9.99/36 9.99/225
Virtual Brokers 2 9.99 9.99

Notes: Qtrade and Questrade may charge additional electronic network (ECN) fees; For limit orders placed by by clients with less than $50,000, Qtrade charges an additional $4 per trade; Virtual Brokers has three commission plans - the one shown here is called "The 99"; CIBC charges $6.95 to clients who have $100K in business with the bank.


Download table as a CSV file

View full table

Next story




Most popular videos »

More from The Globe and Mail

Most popular