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Search for an ETF or holding
Updated 2mo ago.
Updated 2mo ago.
A commission is the fee charged by a broker to execute a buy or sell order. In Canada, several online brokers now offer commission-free trading on ETFs and stocks, which has transformed self-directed investing.
Commission comparison at major Canadian brokers:
If you invest $500 per month and pay $9.95 in commission, that's 2% of your investment lost to fees right away.
Commissions were once the main barrier to investing small amounts. With the arrival of zero-commission trading at Wealthsimple and Disnat, it is now possible to invest as little as $50 per week without fees. Always check currency conversion fees (often 1.5%) if you buy U.S. securities.