zero commission brokerage - Canada

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Dec 14th, 2020 2:22 pm

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Dec 13th, 2020 2:47 pm

Mrman123 [OP]: Member; May 25, 2018; 228 posts; 54 upvotes

Dec 13th, 2020 2:47 pm

zero commission brokerage - Canada

Hi, theres been a trend towards brokerages that charge zero commissions....especially in the US. TD Direct Investing charges $9.99 per trade but this is too expensive for day traders or frequent traders... which Canadian brokerage charges zero commission?

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Dec 13th, 2020 2:50 pm

andrew4321: Deal Addict; Sep 19, 2009; 2200 posts; 952 upvotes; Toronto

Dec 13th, 2020 2:50 pm

Mrman123 wrote: ↑... which Canadian brokerage charges zero commission?

none in 2020 and I don't expect that to change within the next decade.

Dec 13th, 2020 2:52 pm

badmus: Deal Fanatic; Jul 12, 2008; 5731 posts; 1898 upvotes; GTA

Dec 13th, 2020 2:52 pm

Wealth Simple has zero commissions they don’t encourage day trading but have said it can be done with certain restrictions though.

They don’t have options though which tends to be very popular with Robinhood.