Take Control with a Flexible Cash Account

Benefits of a Cash Account

When you need your money handy or you want to trade on margin, a non-registered cash account may be the right fit.

Withdraw money whenever you need it

Choose from individual and joint accounts

Access multiple currencies in your personal non-registered cash accounts, including GBP, EUR, HKD, AUD, NZD, CHF and JPY

Why Choose a Cash Account at RBC Direct Investing?

Expand your investing knowledge with resources designed to help you take control:

Find in-depth guides on topics like stocks, options and more in the Investing Academy
Learn the basics you need to build your strategy with the Investor’s Toolkit

Watch educational videos and demos to see how to use our powerful trading platforms

Filter and choose investments using:

Powerful screeners, market research and analysis, and more
Economic insights on current events that could impact your investments

Automatically reinvest dividends^{Legal Disclaimer footnote 1} you earn from your equity investments
Set up pre-authorized contributions to add money to your cash account automatically and then invest it how you want
Use the RBC Mobile^{Legal Disclaimer footnote 2} app to act fast on opportunities

Receive guest access to our Online Investing platform with a risk-free Practice Account. It’s a great way to practice buying and selling different investments before investing your own money. Free for RBC Online Banking and Direct Investing clients.

Enjoy benefits like real-time streaming quotes^{Legal Disclaimer footnote 3} and pre-market and after-hours trading at no additional cost:

Pay just $9.95 commission per online trade with no minimum balance or activity.^{Legal Disclaimer footnote 4}
Use your Avion points for trade commissions or turn them into cash deposits.

Investments You Can Hold in Your Cash Account

Enjoy total freedom to research and pick the investments that meet your needs.

Stocks

ETFs

Mutual Funds

GICs

Bonds

Options

Explore Investments

Discover More About Cash Accounts

Cash & Margin Accounts: An Overview

How Is My Investment Income Taxed?

See More on Inspired Investor See More on Inspired Investor

Open a Cash Account

Take control of your investments and save for absolutely anything.

Open an Account

You're Protected. Get 100% reimbursement for any unauthorized transactions conducted through the Online Investing platform or the RBC Mobile app.

See the Guarantee

Information provided on this page is for your general information and is not intended to provide legal, investment, financial, accounting or tax advice. If you require any such advice, you should retain the services of a competent professional.

The Avion Rewards program is offered by Royal Bank of Canada and is subject to the Avion Rewards Terms & Conditions (opens in new window)

. You may only use your Avion points through RBC DI to: (1) pay for Canadian or U.S. equity trade commissions on your eligible RBC Direct Investing accounts; or (2) transfer points for cash contributions in CAD to your eligible RBC Direct Investing accounts. It is your responsibility to make sure you have sufficient contribution room within your registered plan when redeeming points for cash contributions in CAD to your registered accounts and/or when you use your Avion points to pay for Canadian or U.S. equity trade commissions on a registered account. The Canada Revenue Agency may apply tax penalties for over-contributions. RBC Direct Investing is not responsible for any such penalties.

Legal Disclaimer footnote 1

Dividends earned pursuant to DRIP may be subject to requirements imposed by the Income Tax Act (Canada). It is your responsibility to ensure that any associated tax requirements or obligations are satisfied

Legal Disclaimer footnote 2

RBC Mobile is operated by Royal Bank of Canada, RBC Direct Investing Inc. and RBC Dominion Securities Inc.

Legal Disclaimer footnote 3

Real-time streaming quotes are available automatically to all clients for exchange listed equities, ETFs and most over-the-counter (OTC) securities. Real-time streaming quotes for options and grey market OTC securities are available to Active Traders and Royal Circle clients upon accepting the terms and conditions of all exchange agreements on the RBC Direct Investing online investing site.

Legal Disclaimer footnote 4

All RBC Direct Investing clients pay $9.95 flat CDN or U.S. per Canadian or U.S. equity trade with no minimum account balance or trading activity required. A lesser fee of $6.95 flat CDN or U.S. per Canadian or U.S. equity trade applies when you trade 150 times or more per quarter, and only to trades placed through an available Automated Service (such term is defined in RBC Direct Investing’s Operation of Account Agreement), and includes the online investing site and mobile application. Additional terms and conditions apply. For complete details, including international trading commissions, visit Pricing or call 1-800-769-2560.

Cash Account

Access Your Money When You Need It

Benefits of a Cash Account

Why Choose a Cash Account at RBC Direct Investing?

Learn and explore at your own pace.

Feel confident about the investments you choose for your cash account.

Save for your goal by keeping your money at work.

Practice before investing real money in your cash account.

Get more for your money with no-strings-attached pricing.

Investments You Can Hold in Your Cash Account

Discover More About Cash Accounts

Build Your Knowledge with Inspired Investor Trade

Open a Cash Account