It’s easy. Visit our Open an Account page to get started.
We’re receiving a significantly higher than normal volume of new account applications, and working hard to process them as quickly as possible. Due to the demand, it is taking several days longer than our typical 24 hours to open your account. We will notify you by email as soon as your account has been opened.
An RRSP is the go-to choice for most investors saving for retirement, and you can save on a tax-deferred basis until retirement. A TFSA can be used to save for any purpose—including retirement or short-term goals. A TFSA also lets you invest in qualified investments, tax-free, and you can contribute and withdraw funds at any time.
If you’re comfortable with fluctuating returns, stocks offer a variety of benefits, including the:
Choose from Canadian and U.S. stocks; common and preferred shares; new issues; options; rights and warrants; equity, fixed income and money market mutual funds; exchange-traded funds (ETFs); and fixed income investments such as T-bills, bonds and GICs.
Exchange-traded funds (ETFs) offer a number of benefits, including:
You can purchase call options or put options, write covered calls and, with special exception, write naked puts. Additional spread strategies are not allowed.
While many GICs cannot be sold prior to maturity, RBC Direct Investing offers cashable GICs that can be redeemed after 30 days.
To download forms visit rbcdirectinvesting.com/forms.
Enjoy no maintenance fee3 when you hold combined assets of $15,000 or more across your RBC Direct Investing accounts. And there are several other ways to lower your fees at RBC Direct Investing. For example, set up a Pre–Authorized Contribution Plan4 of at least $100 per month ($300 per quarter).
See our Pricing page for more ways to save on fees with us.
If you don’t have an account with us yet, the easiest way to transfer an account from another institution is when you open your account online. If you’re an existing client, you can use our secure online transfer form to transfer your account from another institution. You can also download the form and visit us in person, or call us at 1-800-769-2560.
For details, see Transfer from Another Brokerage or visit an Investor Centre.