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Stocks, Exchange-Traded Funds and Options Traded on the Canadian and U.S. Exchanges

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.

Commissions & Fees Schedule

Download a PDF** of the Commissions & Fees Schedule. Effective July 2, 2015

** Requires Adobe Acrobat. Download Acrobat (opens in new window).

Orders Placed Using Our Online Investing Site or Mobile Application

Orders Placed Using Our Online Investing Site or Mobile Application
Investment All Clients — No minimum balance or trading activity required Clients with 150 or more trades / quarter2
Stocks3 and ETFs $9.95 flat per transaction1 $6.95 flat per transaction1
Options $9.95 + $1.25 per contract4 $6.95 + $1.25 per contract

Orders Placed Using an Investment Services Representative

Orders Placed Using an Investment Services Representative
Investment Price Commission Rate
Stocks3 and
Exchange-Traded
Funds (ETFs)
$0.00 – $0.50 2.5% of trade
$0.51 – $2.00 $35 + $0.02 per share
$2.01 and over $35 + $0.05 per share
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

Options Assignments and Exercises

The commission schedule for orders placed using an Investment Services Representative will apply for all options assignments and exercises.

New Issues

No commission charged for the purchase of new stock issues (when available).

Mutual Funds

No commissions5 charged to buy, sell or switch6 mutual funds using our online investing site, our mobile application or through an Investment Services Representative.

Fixed Income7

Treasury bills, bonds, strip bonds, debentures and other money market instruments

Commission is included in the quoted price:

  • Minimum commission: $25 per transaction ($43 for orders placed using an Investment Services Representative)
  • Maximum commission: $250 per transaction

GICs

  • Commission for the purchase and sale of GICs, if any, is included in the quoted price.

Gold and Silver Certificates (U.S. Dollars)

Gold and Silver Certificates (U.S. Dollars)
Certificates Commission Rate
Gold $28.95 + $1 per oz. (minimum 5 oz. trade)
Silver $28.95 + $0.10 per oz. (minimum 100 oz. per trade)
  • Gold/silver minimum commission: $43 per trade
  • Note: No safekeeping charges for RBC gold or silver certificates.

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