transfer
Receive 3% on registered and 1% on non-registered transfers, up to $15,000
New or existing clients transferring at least $2,500 from outside TD Bank Group.
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Online brokerage
TD Direct Investing
A broad self-directed brokerage with regular and advanced platforms, Canadian and U.S. markets, and fixed digital commissions.
Canadian stocks$9.99 CAD per trade buy / $9.99 CAD per trade sell
U.S. stocks$9.99 USD per trade buy / $9.99 USD per trade sell
Current promotions
Overview
TD Direct Investing offers cash, TFSA, RRSP and FHSA accounts. Its $25 quarterly household maintenance fee can apply below $15,000, although several waivers are available and FHSA-only households are exempt.
Regular Canadian and U.S. stock and ETF trades cost $9.99 in the transaction currency, apart from selected commission-free ETFs. Active Trader pricing requires at least 150 trades per quarter. Options, partial shares, foreign exchange, regulatory charges and service fees have separate pricing.
WebBroker and the TD app serve everyday investors, while Advanced Dashboard and TD Active Trader provide streaming data, advanced orders and deeper options tools. Some premium data access depends on trading activity or household assets.
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 cash trading accounts are available. Household maintenance fee below $15,000 unless a waiver condition is met.
- TFSA
- Available · Conditional account feeIndividual self-directed TFSAs are available. Household maintenance fee below $15,000 unless a waiver condition is met.
- RRSP
- Available · Conditional account feeIndividual and spousal self-directed RRSPs are available. Household maintenance fee below $15,000 unless a waiver condition is met.
- FHSA
- Available · $0 account feeIndividual self-directed FHSAs are available. Households containing only FHSAs are exempt from the maintenance fee.
Regular online commissions
- Canadian Stock
- Buy $9.99 CAD per trade · sell $9.99 CAD per tradeActive Trader pricing is $7.00 after 150 or more trades per quarter. Buy: Regular digital commission. Sell: Regular digital commission.
- Canadian Etf
- Buy $9.99 CAD per trade · sell $9.99 CAD per tradeSelected ETFs are commission-free for digital trades; strategy orders are excluded. Buy: Regular digital commission outside the select free list. Sell: Regular digital commission outside the select free list.
- Us Stock
- Buy $9.99 USD per trade · sell $9.99 USD per tradeU.S. trades are charged in U.S. dollars. Buy: Regular digital commission. Sell: Regular digital commission plus applicable regulatory fees.
- Us Etf
- Buy $9.99 USD per trade · sell $9.99 USD per tradeSelected U.S. ETFs can be commission-free for digital trades. Buy: Regular digital commission outside the select free list. Sell: Regular digital commission outside the select free list plus applicable regulatory fees.
Other fees and features
Accounts and tiers
- Other accounts
- Margin, active-trader margin, RESP, RDSP, RRIF, LIRA, LIF and non-personal accounts
- Active Trader rate
- $7 per stock trade at 150 or more trades per quarter
- TD Easy Trade
- Separate streamlined mobile self-directed service, excluded from the regular online commission facts
Minimums and recurring fees
- Platform activation minimum
- $0 on all reviewed TD Direct Investing platforms
- Household maintenance fee
- $25 quarterly below $15,000
- Maintenance fee waivers
- $15,000 household assets, $100 monthly systematic plan, three commission trades, RDSP, first six months, or FHSA-only household
Service and transfer fees
- Incoming transfer fee reimbursement
- UnknownA standing reimbursement outside temporary promotions was not established from the reviewed official sources.
- Institutional transfer out
- UnknownThe current amount was not extracted from accessible official HTML.
- Telephone brokerage
- $43 minimum per trade
- Registered withdrawals and other administration
- Unknown in accessible official HTML; see current commission schedule
Investments and trading costs
- Partial shares
- $1.99 per trade
- Options
- $9.99 plus $1.25 per contract; active rate $7 plus $1.25
- Mutual funds
- $0 commissionA 1% or $45 minimum short-term redemption fee applies within 30 days.
- Bonds
- Commission varies by quantity and type and is disclosed at order entry
- Regulatory fees
- Applicable exchange or regulatory charges can apply separately
Foreign exchange and currency
- Markets and currencies
- Canadian and U.S. markets with CAD and USD trading
- Currency conversion
- TD-published foreign-exchange rates apply when conversion is required
- Numeric FX spread
- Unknown on reviewed public pricing HTML
Markets
- North American markets
- Canadian and U.S. stocks, ETFs and options
- Global trading
- Separate TD Direct Investing Global Trading service referenced in pricing terms
- Extended-hours scope
- Unknown on reviewed overview pages
Trading features
- Partial shares
- Supported for eligible securities
- Dividend reinvestment
- DRIPs supported
- Systematic plans
- Recurring contributions supported
- Stock lending
- Stock Lending Income Program available for eligible holdings
Platforms and market data
- Web and mobile platforms
- WebBroker and TD app
- Advanced platforms
- Advanced Dashboard and TD Active Trader
- Real-time data
- Canadian and U.S. real-time data and quotes included
- Advanced Dashboard qualification
- Premium packages unlocked at 30 trades per quarter or $500,000 household assets
Orders and research
- Advanced orders
- Stops, trailing orders and contingent orders; platform capabilities vary
- Research
- Morningstar, TD Economics, analyst reports, screeners, charting and education
- Multi-leg options
- Up to two legs on WebBroker and the TD app and four on TD Active Trader
Margin
- Margin account
- Available for CAD and USD borrowing against eligible securities
- Active Trader Margin
- Separate USD-only account for stocks, ETFs and options
- Current interest rates
- Published separately and subject to change
Custody and protection
- Dealer
- TD Direct Investing is a division of TD Waterhouse Canada Inc.
- Regulatory membership
- CIRO-regulated and a CIPF member