The following is the full commissions and fees schedule effective July 2, 2015. You can also view, print or save the commissions and fees schedule effective July 2, 2015 .
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 account 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
The commission schedule for orders placed using an Investment Services Representative will apply for all options assignments and exercises.
No commission charged for the purchase of new stock issues (when available).
|Treasury bills, bonds, strip bonds, debentures and other money market instruments|
|Commission is included in the quoted price:
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 across all of their RBC Direct Investing accounts||No Fee|
|Clients with combined assets of less than $15,000 across 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 FEES12||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 within Canada or the U.S.||$45|
|Research account inquiries||$40 per hour (min.$20)|
|Certificate registration — regular (approximately 2 to 3 weeks)||$50|
|Certificate registration — rush (3 to 5 business days where available)||$200|
|Transfer out (all account types, excluding donation of shares)||$135|
|Internal transfers (third-party name)||$25|
|Restricted shares13, 14 (holding securities subject to legal restriction on distribution and sale)||$200 per security|
|Private shares13 14||$250 setup + $200 /annual fee|
|Legal security transfer fee15||$100|
|Collateral pledge accounts||No setup or annual fee|
|Employee stock option plan16||$50|
|Estate account processing if assets are transferred within RBC17||$175/account|
|Estate account processing if assets are transferred out of RBC||$350/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.