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Email this7:14 am
April 6, 2013
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Account transfer fees will be eliminated as well:
BMO (2026/09/09): Commission-Free Stock and ETF Trades with BMO InvestorLine
When will BMO InvestorLine offer unlimited $0 commission stock and ETF trading?
BMO InvestorLine Self-Directed clients will benefit from $0 commissions on all stock and ETF trades and the elimination of all brokerage account administrative fees effective September 14, 2026.Which BMO InvestorLine clients are eligible for unlimited $0 commission stock and ETF trading?
The $0 commission pricing for all stock and ETF trades and elimination of all brokerage account administrative fees apply for all BMO InvestorLine Self-Directed clients.Do existing clients need to take any action to receive the new pricing
No. BMO InvestorLine Self-Directed clients will automatically receive the new pricing effective September 14, 2026. No action is required.
7:30 am
May 15, 2007
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In their words, "the first direct investing brokerage owned by one of Canada's five largest banks to eliminate commissions on stock and ETF trades".
That's the Wealthsimple effect. Now they join National Bank Direct Brokerage, Qtrade, Questrade, TD Easy Trade (not TD Direct Investing), and Wealthsimple.
9:35 am
October 27, 2013
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I think it is even better than just zero stock and ETF trading commissions. All account fees have been dropped too. No minimum balances needed, no transfer out fees, etc. There are some remaining 'service' fees but they are entirely reasonable.
The change is good though it makes no difference to me. I have yet to incur a brokerage charge of any kind at BMO IL this year.
