What are the fees associated with RBC Direct Investing?
Asked a year ago
The fees associated with RBC Direct Investing include trading commissions, account maintenance fees, and administrative fees. For trading equities and exchange-traded funds (ETFs), clients are charged a flat fee of $9.95 per trade. Options trading incurs an additional fee of $9.95 plus $1.25 per contract. Account maintenance fees are waived for clients who meet certain criteria, such as having a minimum balance of $15,000 or making at least one trade per quarter. For registered accounts (such as RRSPs and TFSAs), there is an annual fee of $100. Other administrative fees may apply for activities like transferring funds or converting currencies. It is important to review the full fee schedule on the RBC Direct Investing website for a comprehensive understanding of all associated fees.
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