CI Direct Trading

CI Direct Trading (formerly Virtual Brokers) is CI Financial's online brokerage. ETF purchases are free if you hold them for at least one day, which suits long-term investors.

The platform offers access to a full range of products, including options and bonds. It's linked to the CI Direct Investing robo-advisor for those who prefer automated management.

• ETF purchases: $0 (minimum 1-day hold)
• Stocks: $1.99 to $7.99 depending on plan
• FX fees: 1.5%
• Accounts: TFSA, RRSP, RESP, FHSA, RRIF, non-registered, margin
• Products: stocks, ETFs, options, bonds, mutual funds
• Transfer out: $150

Less well-known than Wealthsimple or Questrade, but may suit CI Financial clients or those looking for moderate trading fees with access to a full product range.