transfer
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TD Direct Investing
TD Direct Investing Self-Directed Investing
A broad self-directed brokerage with standard and advanced platforms, Canadian and U.S. markets, and fixed digital commissions.
Cash admin feeConditional
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
Standard tierStandard Trader
Current promotions
Current offers
Brokerage context
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.
Standard 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 standard 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.
Eligibility facts
Standard account and commission facts
These facts describe the standard tier without relying on temporary promotions. Pass-through, foreign-exchange, service, and paid-tier costs appear below.
Individual accounts
- CASH
- Available · Conditional recurring feeIndividual cash trading accounts are available. Household maintenance fee below $15,000 unless a waiver condition is met.
- TFSA
- Available · Conditional recurring feeIndividual self-directed TFSAs are available. Household maintenance fee below $15,000 unless a waiver condition is met.
- RRSP
- Available · Conditional recurring feeIndividual and spousal self-directed RRSPs are available. Household maintenance fee below $15,000 unless a waiver condition is met.
- FHSA
- Available · $0 recurring feeIndividual self-directed FHSAs are available. Households containing only FHSAs are exempt from the maintenance fee.
Standard 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: Standard digital commission. Sell: Standard 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: Standard digital commission outside the select free list. Sell: Standard 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: Standard digital commission. Sell: Standard 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: Standard digital commission outside the select free list. Sell: Standard digital commission outside the select free list plus applicable regulatory fees.
Full inventory
Fees, access, platforms, and capabilities
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 this standard tier
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
- Standard 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 standard platforms 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