Skip to main content

Home / Direct Investing / Pricing

Simple pricing, real savings

Transparent commission rates and simple fees mean no surprises, just better value.

Ready to start investing?


All of this for $0

Keep more of your returns, no unnecessary fees, no extra steps. With our simple, on-the-go tools, managing your money is effortless, from your couch or on the move.

  • Select Exchange Traded Funds (ETFs)+

    Build a diversified portfolio without the commission fees from select ETFs when you place your trades online or in app. Choose from our list of ETFs.

  • All mutual funds

    Buy, sell, or switch any mutual fund on our platform. A short-term redemption fee may apply1.

  • Real-time market data

    Catch the right moments with real-time data and quotes for Canadian and US markets.

  • Research and education

    Master the markets with Analyst research reports exclusive to TD and unlimited video content. From expert insights to our on-demand Learning Centre, get the education you need to invest with confidence.

  • DRIPs and systematic plans

    Put your investing on autopilot with Dividend Reinvesting Plans (DRIPs) and systematic plans. Automatically reinvest your earnings or set up recurring contributions to grow your wealth over time.


Advanced tools to support your trading

Unlock premium data packages with the TD Advanced Dashboard. Gain access by completing 30 or more trades each quarter or by maintaining $500,000 in household2 assets with TD Direct Investing.


Transparent pricing for every trader

Our commissions adapt to your style. Become an Active Trader with 150 or more trades per quarter or stay flexible as a Standard Trader with fewer than 150 trades. Clear fees for every move.

table

Investment types

Standard Trader

Active Trader

Select ETFs

$0

$0

Canadian and U.S. stocks

$9.99 per trade

$7.00 per trade

Partial Shares

$1.99 per trade

$1.99 per trade

Options

$9.99 + $1.25 per contract

$7.00 + $1.25 per contract


Our rates and fees

Before you place your first trade, review our breakdown in Commission Schedule and Statement of Disclosure of Rates and Fees

  • Account maintenance fees

    For accounts with a total balance less than $15,000, you will be charged $25 quarterly maintenance fees3. You can waive this fee by enrolling in our Household Program, which lets you link multiple accounts and combine your qualifying assets.

  • Mutual fund redemption fees

    Buying, selling, or switching mutual funds is commission-free. However, a short-term redemption1 fee may apply if you sell or switch your units within 30 days of purchase.

  • Telephone brokerage commission

    Our licensed Investment Representatives are available to place trades by phone. We're here Monday to Friday, 7 am to 10 pm ET.

    A minimum commission of $43 is charged for each trade. Full commission and fee charges apply to each partial fill, unless completed on the same business day.

  • Interest rates

    Stay informed about borrowing costs and cash yields with our competitive, transparent interest rates designed to support your investing goals.


Frequently asked questions

If you have a single account, you will be automatically enrolled in the Household Program. If you or your Canadian household has more than one account and want to join the program, call us at 1-800-465-5463 to find out more.

To qualify for waived maintenance fees with the Household Program, any one of the following conditions must be met:

  • The combined assets of all your TD Direct Investing in your Canadian household accounts exceed $15,000.
  • You register one or more of the accounts in your household in a Systematic Investment Plan (SIP), a pre-authorized deposit, or a pre-authorized contribution of at least $100 a month.
  • You complete three or more trades which incur a commission in the preceding quarter within household accounts.
  • You hold a Registered Disability Savings Plan (RDSP) account within your household.
  • You are in the introductory six months of the first account opened within your household.

Commission will be charged when trading bonds. It varies based on the quantity and type of fixed income that is being traded. 

The commission charge will be calculated and disclosed when placing the trade.


You can find the current foreign exchange rates in WebBroker by following these steps:

  1. Select the Accounts tab in the top left menu.
  2. Under Transfers & Withdrawals, select Transfer cash within TD.
  3. Select the To and From accounts from the drop down menu.
  4. Enter any amount and the currency you wish to transfer.
  5. Click Continue.
  6. Click Confirm Transfer. Reminder: Foreign exchanges cannot be reversed. Do not click unless you wish to complete the foreign exchange transaction.
  7. Click the X in the top right corner of the Transfers window to exit.  

Ready to start investing?

Whether you're new to self-directed investing or an experienced trader, we welcome you.

  • Call TD Direct Investing

    Call us directly or open the TD app and select Contact Us from the More menu. We're here Monday to Friday, 7 am to 10 pm ET.

    1-800-465-5463 1-800-465-5463
  • Book an appointment

    Let's chat, face-to-face at a TD location convenient to you.

  • Explore offers

    Discover great investing options with our limited time offers.


Have a question? Find answers here