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What are the fees and commissions associated with trading on TD Waterhouse?

Asked 2 years ago
TD Waterhouse (Canada) offers various trading options with different fee structures depending on the type of account and the specific services utilized. For equities, the standard commission for online trades typically ranges from five to nine dollars per trade. While their pricing can vary, this structure often applies to most Canadian and U.S. stocks, making them competitive in the market. For options trading, there can be additional costs, such as a per-contract fee on top of the base commission for stock trades. It is important to note that these transactions may also incur the relevant exchange fees, which can vary depending on the market. When it comes to mutual funds, TD Waterhouse does offer a selection that comes with no front-end load, known as an "N-series" fund. However, there may still be management fees associated with these funds, which are typically expressed as a percentage of the fund's assets. For those considering international trading, different fees may apply. Trading stocks on foreign exchanges can involve higher commissions and additional charges. Also, there are currency conversion fees to be mindful of, as trading on a foreign market often requires converting Canadian dollars to another currency. To obtain the most accurate and up-to-date information regarding fees and commissions, it is advisable to visit the official TD Waterhouse website. There, clients can find detailed information tailored to their specific trading needs and account types, ensuring they are well-informed before making any trading decisions.
Answered Jul 18th 2025

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