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Posted by: John S on 2010-02-22, 11:07:40
All the five major Canadian banks, ie. RBC, TD, BMO, Scotia and CIBC have their own brokerage unit. They don't have the lowest fees, but if you're already a customer, it's probably much more convenient since you can move money between your brokerage account and checking acount quickly and avoid fees. They may also offer you better commission structure if you are a long term customer of many of their products and services. I remember seeing BMO offering TRADING FOR FREE for the first three month with a initial deposit of $100,000. You can definitely negotiate with them and try to get a good new account sign-up discount. |
