welcome and transfer
Receive up to 1% cash back, capped at $10,000, plus 150 trades
New InvestorLine Self-Directed clients using code SDCASHFT and adding at least $5,000 in net new assets.
- Apply or enrol by
- Fund by
Online brokerage
BMO InvestorLine
BMO's self-directed brokerage with broad registered-account access, regular per-trade commissions, and balance-based account fees.
Canadian stocks$9.95 CAD per trade buy / $9.95 CAD per trade sell
U.S. stocks$9.95 USD per trade buy / $9.95 USD per trade sell
Current promotions
Overview
BMO InvestorLine offers non-registered and registered self-directed accounts through web and mobile trading. Regular online Canadian stock and ETF trades cost CA$9.95, while U.S. trades cost US$9.95; selected ETFs and the activity-qualified Active Trader tier use different pricing.
Recurring account fees depend on account type and balance. Review the complete inventory for service charges, foreign-exchange costs, regulatory charges, and paid or activity-qualified features.
Regular pricing and account fees
These are the regular online rates, excluding temporary promotions. Other account fees, currency conversion costs, service charges, trading fees and paid plans are covered below.
Account availability and recurring fees
- Non-registered cash
- Available · Conditional account feeIndividual non-registered cash accounts are available without an opening minimum. A CA$25 quarterly fee applies below $15,000; registered-account and trading-activity waivers are available.
- TFSA
- Available · $0 account feeIndividual TFSAs are available. BMO states Self-Directed TFSA accounts do not have account fees.
- RRSP
- Available · Conditional account feeIndividual RRSPs are available. The annual fee is CA$100 below $25,000 and $0 at or above $25,000.
- FHSA
- Available · Conditional account feeIndividual FHSAs are available. The fee schedule's all-other-registered-accounts rule is CA$100 below $25,000 and $0 at or above $25,000.
Regular online commissions
- Canadian Stock
- Buy $9.95 CAD per trade · sell $9.95 CAD per tradeRegular online Canadian-listed stock trades cost CA$9.95 each. Buy: Regular online commission below the active-trader threshold. Sell: Regular online commission below the active-trader threshold.
- Canadian Etf
- Buy $9.95 CAD per trade · sell $9.95 CAD per tradeCanadian-listed ETF trades normally cost CA$9.95 each. Buy: Regular online commission; selected commission-free ETFs are a separate exception. Sell: Regular online commission; selected commission-free ETFs are a separate exception.
- Us Stock
- Buy $9.95 USD per trade · sell $9.95 USD per tradeRegular online U.S.-listed stock trades cost US$9.95 each. Buy: Regular online commission below the active-trader threshold. Sell: Regular online commission; applicable U.S. regulatory charges can also apply.
- Us Etf
- Buy $9.95 USD per trade · sell $9.95 USD per tradeU.S.-listed ETF trades normally cost US$9.95 each. Buy: Regular online commission; selected commission-free ETFs are a separate exception. Sell: Regular online commission; regulatory charges can apply.
Other fees and features
Accounts and tiers
- Accounts
- Individual cash, margin, TFSA, FHSA, RRSP, RESP, RRIF and other registered plans
- Active Trader
- CA$3.95 or US$3.95 per trade after 150 commissionable trades per quarter
Minimums and recurring fees
- Opening minimum
- $0
- Non-registered account fee
- CA$25 quarterly below $15,000 with waivers
- Registered account fee
- CA$100 annually below $25,000 for applicable registered accounts
Service and transfer fees
- Incoming transfer fee reimbursement
- UnknownA standing public reimbursement policy was not established from the reviewed official sources.
- Institutional transfer out
- UnknownThe amount was not established from the reviewed official sources.
Investments and trading costs
- Regular stock and ETF commission
- CA$9.95 or US$9.95 per online trade
- Active Trader commission
- CA$3.95 or US$3.95 after 150 commissionable trades per quarter
Foreign exchange and currency
- Currency handling and conversion costs
- UnknownNot established from the reviewed official sources.
Markets
- Market access
- UnknownNot established from the reviewed official sources.
Trading features
- Trading features
- UnknownNot established from the reviewed official sources.
Platforms and data
- Platforms and market data
- UnknownNot established from the reviewed official sources.
Orders and research
- Order types and research
- UnknownNot established from the reviewed official sources.
Margin
- Margin availability and rates
- UnknownNot established from the reviewed official sources.
Custody and protection
- CIPF membership
- BMO InvestorLine Inc. is listed as a CIPF investment dealer member firm.