BMO InvestorLine Self-Directed clients will automatically receive $0 commissions on all stock and exchange-traded fund (ETF) trades starting September 14, 2026. BMO is also eliminating brokerage account administration fees. Existing clients don't need to take action.
Options trades will have no commission, but a $0.90 per-contract fee will remain, down from $1.25. BMO is also removing option assignment and exercise fees.
Commission-free trading doesn't eliminate every cost. BMO says foreign-exchange fees and other account, transaction or service charges may still apply.