Brokerages
RBC Direct Investing
The full published fee schedule as captured from the brokerage's own pricing pages.
- Stock commission
- $9.95 per online/mobile trade; $6.95 per online/mobile trade for Active Trader (150+ trades/quarter); GoSmart (TFSA/FHSA/RRSP): 50 commission-free stock & ETF trades per year
- ETF buy commission
- $9.95 per online/mobile trade ($6.95 at 150+ trades/quarter); unlimited $0 commission trades on a selection of over 50 ETFs in all accounts
- ETF sell commission
- $9.95 per online/mobile trade ($6.95 at 150+ trades/quarter); unlimited $0 commission trades on a selection of over 50 ETFs in all accounts, no buy/sell distinction published
- Options commission
- $9.95 + $1.25 per contract per online/mobile trade; $6.95 + $1.25 per contract at 150+ trades/quarter; not available in GoSmart
- Currency conversion
- Spread included in conversion rate, USD-CAD: $0-$24,999: 230 bps (1.6%); $25,000-$59,999: 160 bps (1.1%); $60,000-$99,999: 145 bps (1.0%); $100,000-$499,999: 85 bps (0.6%); $500,000-$999,999: 50 bps (0.4%); $1,000,000-$1,999,999: 25 bps (0.2%); $2,000,000 plus: no more than 10 bps (0.1%)
- Margin rates
- Margin (non-registered Investment Account): CDN 6.50% / US 9.25% all balances; Royal Circle margin: CDN 5.75%-6.25% / US 8.75%-9.25% by balance; non-margin debit: CDN 21.00% / US 21.25%
- Admin fees
- No account maintenance fee ($0/mo, all tiers); no quarterly or annual maintenance fee published
- Inactivity fee
- Not published in the capture
- Transfer out fee
- $150 (all account types, excluding donation of shares); no full/partial distinction published
- Account minimums
- No minimum balance required to keep account open
Notes from the capture
Full official capture: pricing page plus https://www.rbcdirectinvesting.com/pricing/cash-margin-rates.html for margin rates. Trading commissions effective August 1st, 2025 per page. Inactivity fee not published as a separate fee (maintenance is $0). Partial transfer-out not distinguished.
Source: https://www.rbcdirectinvesting.com/pricing/index.html?helppage | Captured 2026-11-15