Compare GoSmart for New Investors vs RBC Direct Investing for Established Investors
Find the RBC Direct Investing platform that’s right for your experience level and goals.
New Investors:
|
Established Investors:
Full-suite RBC Direct Investing Account
|
|
| Ideal for | Investors who want a simple, low-cost option | Investors who want advanced tools, more investment types and research access |
| Investment choices | Stocks & ETFs | Stocks, ETFs, Mutual Funds, Options, Fixed Income & more |
| Account types | TFSA, FHSA, RRSP | TFSA, FHSA, RRSP, RESP, Cash, Margin & others |
| Pricing |
|
|
| Currency | CAD | CAD, USD, Other (EUR, GBP, HKD) |
| Platforms | Mobile-first with the RBC Mobile app | Online, RBC Mobile app and Trading Dashboard |
| Get started | Open account | Open account |
|
Stocks – Canada/U.S. Stocks – Canada/U.S. |
Yes | Yes |
|---|---|---|
| Stocks - International | No | Yes |
|
ETFs ETFs |
Yes | Yes |
|
Mutual Funds Mutual Funds |
No | Yes |
|
Fixed income (Bonds / GICs) Fixed income (Bonds, GICs) |
No | Yes |
|
Options Options |
No | Yes |
| Mobile access | Yes | Yes |
|---|---|---|
|
Online investing platform
Full access |
Partial | Yes |
| Trading Dashboard | No | Yes |
|
Extended hours trading
Pre-market and after-hours trading access |
Yes | Yes |
|
RBC client
through the RBC Mobile app |
Yes | Yes |
|---|---|---|
| RBC client online | Coming soon | Yes |
| Non-RBC client mobile | Coming soon | Yes |
| Non-RBC client online | Coming soon | Yes |
| Phone support | Yes | Yes |
|---|---|---|
| Chat | Yes | Yes |
| Quality order execution | Yes | Yes |
| Electronic forms (eDocs) | Online-only | Online-only |
|---|---|---|
| Online profile updates | Yes | Yes |
| Portfolio Tools & Analysis | Online-only | Online-only |
|
More than 50 commission-free ETFs Unlimited trading, no impact to |
Yes | Yes |
|---|---|---|
| Commission-free mutual fund trading |
No | Yes |
| $0 Account maintenance fees | Yes | Yes |
| ECN fees | No | No |
|
50 commission-free trades per year across all GoSmart accounts Canadian/U.S. stocks and ETFs |
Yes |
No
|
|
Recurring investment tool
with select all-in-one ETFs |
Yes | No |
|
Trade by phone
$43 min. commission |
Yes | Yes |
| CAD | Yes | Yes |
|---|---|---|
| USD | No | Yes |
| Other (EUR, GBP, HKD) | No | Yes |
|
Real-time transfers from |
Yes | Yes |
|---|---|---|
|
Transfer in from an investment account (including other RBC |
No | Yes |
| Transfer out to an investment account | Yes | Yes |
|
Redeem Avion pointsAvion points
(various rates may apply) - contribute to account through Avion |
Yes | Yes |
|---|---|---|
|
Access to Royal CircleRoyal Circle
(qualification criteria applies) |
Yes | Yes |
|
Access to Royal DistinctionRoyal Distinction
(qualification criteria applies) |
Yes | Yes |
