National Bank Direct Brokerage- Zero commissions on Can/US equities

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T S

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Aug 26, 2021, 9:40:37 AM8/26/21
to Dividend Investing - Brokerage, T.A., & Bank Accounts
Check out National Bank Direct Brokerage.  They since Monday the 23rd of August now have no commission to buy/sell Canadian and US equities.  They still have commissions for options trading but this is definitely better than Wealthsimple Trade which was good for free Canadian trading but wasn't any good for buying US stocks as they won't let us hold US dollars in the account and every transaction was subject to currency conversion charges.

National Bank allows us to hold US$ and US electronic funds transfer from your US accounts at Canadian banks, so no currency conversion and US trading.  Only downside is there are still commissions for options trading.



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Jon Gudlaugson

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Jan 27, 2022, 1:15:25 PM1/27/22
to Dividend Investing - Brokerage, T.A., & Bank Accounts
Thank you for this!
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