• RBC Direct Online Investing for Canadians Review

    RBC Direct Investing is the online investment brokerage owned by Royal Bank Canada. RBC offers Canadians a great online brokerage for just about any type of investment you wish to make. RBC Direct Investing is a full service online brokerage that is great for new or experienced Canadian investors. Clients have access to great trading tools and market information as well as a very easy to use online trading platform. At RBC Direct Investing, Canadians can set up registered and non-registered investment accounts including, TFSAs, RRSPs, RESPs and others.

    RBC Direct Investing Canada Commission Structure ($6.95 - $28.95)

    RBC Direct Investing offers Canadians a graduated online trading commission structure based on frequency of trades per quarter and portfolio value. Clients who have household assets with RBC Direct Investing greater than $100,000 automatically qualify for $9.95 flat rate trading. Clients who trade heavily between 30-149 trades in a quarter also qualify for the $9.95 flat rate commission. Customers who place 150+ trades a quarter qualify for the lowest commission rate of $6.95. Most clients, those who have less than $100K in assets and make less than 30 trades a quarter place trades at the base commission rate of $28.95. RBC does not charge any annual or monthly fees on registered investment accounts. RBC Direct does charge a quarterly Canadian online investors looking for the best service and lowest commission should check out Questrade Canada as an alternative to RBC Direct Investing.

    RBC Direct Investing Account Options and Services for Canadians

    Canadians can trade pretty much anything at RBC Direct Investing. Stocks, Bonds, Options, Precious Metals and other financial instruments. Opening up a registered investment account is very easy and funding is even easier if you already do banking with RBC as you can transfer funds to and from your accounts easily online. RBC Direct offers plenty of great online investment tools and research as well as demo accounts with play money where you can practice and get comfortable investing online.

    RBC Direct Canada Customer Service and Contact Information

    Canadians are able to place trades online or over the phone at RBC Direct. You also have access to helpful customer support staff for any questions or concerns you may have, or leave a message in the RBC Direct message centre.

    Phone: 1-800-769-2560
    to obtain a quote: Option 2
    to place an order: Option 3
    General trading inquiries: Option 4
    Online help desk: Option 5

    Fax: 1-888-722-2388

    RBC Direct Investing Inc.
    Royal Bank Plaza
    200 Bay Street, North Tower
    P.O Box 75
    Toronto, Ontario M5J 2Z5

    Visit RBC Direct Website

  • Questrade RRSP & TFSA

    Questrade is a Canadian online brokerage that allows you to manage your own RRSP or TFSA and invest in everything from Stocks to Mutual Funds to Foreign Currency. Register using our link and receive $50 in free trades.