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2001 Broker Survey




Profiles
Click a broker to view contact info, services offered and fee schedules
BMO Investorline

Charles Schwab Canada

CIBC Investor's Edge

Credential Direct

Disnat

eNorthern

E*Trade Canada

Merril Lynch HSBC

National Bank Discount Brokerage

Qtrade Investor

Royal Bank Action Direct

Scotia Discount Brokerage

Sun Life Securities

TD Waterhouse


Broker: National Bank Discount Brokerage Inc.
Web Site: http://www.invesnet.com
Customer Service: Phone: 1(888)293-6637
E-mail: web.trad@bnc.ca
Head Office:
Service/Accounts Available:
  • Cash accounts
  • Margin accounts
  • Option accounts
  • Short sale accounts
  • Income accounts
  • Self-directed & locked in RRSPs
  • Self-directed RRIFs
  • Self-directed RESPs
  • Quebec stock savings plan (QSSP) account
  • Estate accounts
  • Locked-in retirement account (LIRA)
  • Life income funds (LIF)
  • Commission Schedule/Fees:
    Canadian and U.S. Stocks
    A fixed commission applies for trades of 1,000 shares or less.
  • Express Brokerage Mode at market
  • Express Brokerage Mode at price limit
  • Direct Brokerage Mode
  • $24.95
    $27.95
    $29.95
    For trades over 1,000 shares:
    Share Price $Commission (CDN$)Commission (US$)
    < 2.001.5% of the transaction amount2% of transaction amount
    > 2.010.03/share$.03/share
    Minimum charge depends on mode
    Canadian & U.S. Options
    Option Price $Commission $
    < 1.0028.00 + 0.80 per contract
    1.01 to 2.0028.00 + 1.20 per contract
    2.01 to 3.0028.00 + 1.60 per contract
    3.01 to 4.0028.00 + 2.00 per contract
    4.01 and over28.00 + 2.40 per contract
    Special Services:
  • Quarterly Newsletter
  • Free advisory service
  • Quote lookup
  • Research tools

  • Find Out More
    From the Globe and Mail
    Tools of the on-line trade
    July 7, 2001


    Pick an on-line broker who trades bonds
    June 23, 2001


    A short list of investing resources you may not know -- but should
    June 16, 2001


    Best discount brokers for RRSP season
    January 27, 2001




    Rob Carrick
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