
We levelled the trading field.
- A penny a share – for a commission as low as $4.95 per trade and a maximum of $9.95
- No trade activity thresholds
- No minimum balances to qualify
- Every trade automatically gets the best price
- Watch this video to learn more.
All stock trades resulting from an option exercise or assignment are subject to the democratic pricing.
Additional fees include:
- Partial fills (orders filled over multiple days): subject to additional commission charges.
- Securities and Exchange Commission (SEC) fee: based on a percentage of the total dollar amount of U.S. securities sold.
- Exchange and ECN fees: may apply.
- Data fees: may apply depending on your choice of trading platform and market data.
- For clients who are maintaining USD in their RESP: on any day in which you trade a USD security in your RESP, you will be charged a $5 commission. This is a flat, per-day commission, no matter how many trades are made.
For clients who are maintaining USD in a LIF, RIF, or spousal-RIF account, go to the USD in RSP page and the USD in RSP FAQs for more details.
*Note: Commissions are charged in the currency of the trade.