National Bank Direct Brokerage

Bank. Source: moneysense.ca. Third-party rating: 28 pts.

Best for: Bank

At a glance

Min. deposit
$20,000 to avoid fee
Regulators
Not stated
Fees
Equity: 0; Other trades: ETFs $0; options $1.25/contract (min $6.25); Account: $100 (waived with $20,000 across accounts); FX: Not stated
Investments
Stocks, ETFs, options
Availability
Canada

Strengths

    Limitations

      Risks to understand

      • The value of investments can go down as well as up, and you may get back less than you invested.
      • Past performance is not a reliable guide to future results.
      • Check the costs of trading, currency conversion and holding investments before you choose.