The following is the full commissions and fees schedule effective January 14, 2014. You can also view, print or save the commissions and fees schedule effective January 14, 2014 .
The following prices apply to each buy and sell transaction of stocks (including rights and warrants), exchange-traded funds (ETFs) and options trading on all North American exchanges and over-the-counter markets.
Orders placed using our online investing site or our mobile application
All clients — no minimum balance or trading activity required
Clients with 150
|Stocks3 and ETFs||$9.95 flat per transaction||$6.95 flat per transaction|
|Options||$9.95 + $1.25 per contract||$6.95 + $1.25 per contract|
Orders placed using an Investment Services Representative
|Stocks3 and ETFs||
Stock Price Commission Rate
|Options||$35 + $1.75 per contract|
Minimum commission: $43 per transaction
Canadian and U.S. stock or options transactions with a principal dollar value of $2,000 or less: $43
No commission charged for the purchase of new stock issues (when available).
The commissions for the purchase and sale of treasury bills, bonds, strip bonds, debentures, GICs and other money market instruments, if any, are included in the quoted price, except for listed debentures for which commissions are charged according to the Stocks Commission Schedule.
Certificates Commission Rate
Gold/silver minimum commission: $43 per trade;
Gold minimum quantity: 5 oz. per trade;
Silver minimum quantity: 100 oz. per trade.
Note: No safekeeping charges for RBC gold or silver certificates
|Clients with combined assets of $15,000 or more in all of their RBC Direct Investing accounts||No Fee|
|Clients with combined assets of less than $15,000 in all of their RBC Direct Investing accounts||$25/
The fee is also waived if a client meets any one of the following criteria:
|TRANSACTION AND OTHER FEES11||Fee|
|Home Buyer’s Plan and Life Long Learning Plan withdrawals||$25|
|RIF, LIF, RLIF, PRIF, LRIF Withdrawals:|
|Two withdrawals per year in addition to the scheduled payments||$0|
|Each additional withdrawal||$25|
|Substitution or Swap:|
|Exchange of cash or securities held in a registered plan with cash or securities of equal value held outside the plan||$35|
|Mortgages in Self-Directed Plans (Set up before January 1, 2014):|
|Annual administration fee (pro-rated fee is deducted monthly for RRSP)||$200|
|Wire transfer of funds to another financial institution||$20|
|Research account inquiries||$40 per hour (min.$20)|
|Certificate registration — regular (4 to 6 weeks)||$50|
|Certificate registration — rush (3 to 5 business days)||$200|
|Transfer out (all account types, excluding donation of shares)||$135|
|Internal transfers (third-party name)||$25|
|Restricted shares12, 13 (holding securities subject to legal restriction on distribution and sale)||$200 per security|
|Private shares12 13||$250 setup + $200 /year|
|Legal security transfer fee14||$100|
|Collateral pledge accounts||No setup or annual fee|
|Employee stock option plan15||$50|
|Estate account processing16||$125/account|
Interest rates paid on cash balances or charged on debit balances are subject to change without notice. Up-to-date information on our rates is available at RBC Direct Investing Interest Rates page or by contacting an RBC Direct Investing Investment Services Representative.
Note: GST, HST and provincial taxes are charged where applicable.