FR EN
Fees · Verified September 22, 2026

TD fees:
$9.99 per trade, and the rest

TD Direct Investing (WebBroker) and TD Easy Trade. One schedule, checked on September 22, 2026, and three concrete cases to see what it costs over a year.

Exclusive No Wealthsimple account yet? Code LOIO3A gets you $35 in total ($25 + $10 by Interac e-Transfer = $35 total, code LOIO3A, after the request form). See the offer + form →
$9.99
per stock trade
50
free trades a year at TD Easy Trade
$25
per quarter under a $15,000 balance
The schedule

TD fees,
line by line

TD Direct Investing (WebBroker) and TD Easy Trade. Checked on September 22, 2026. What was not checked is written as such, never guessed.

FeeTDWealthsimple
Commission on stocks$9.99 ($7 above 150 trades per quarter)$0
ETF purchases$9.99$0
ETF sales$9.99$0
Commission-free platformTD Easy Trade: 50 free trades a year on the mobile app; beyond that, the Direct Investing scheduleEverything at $0, no cap
Account maintenance fee$25 per quarter at Direct Investing when the accounts total stays under $15,000; waived when the household exceeds $15,000 (Household Program) or with a systematic investment plan of at least $100 a monthNone
Managed portfoliofees vary by product, not checked0.5% per year (Core), 0.4% from $100,000 (Premium), 0.4% down to 0.2% from $500,000 (Generation), plus ETF fees
USD conversion feenot checked1.5% under $10,000, 1% from $10,000 to $24,999, 0.5% from $25,000 to $99,999, 0% from $100,000 (by transaction size)
Options$9.99 + $1.25 per contract ($7 + $1.25 above 150 trades per quarter)Not offered
Trade placed by phone$43 minimum commission per trade placed by phone—

ETF internal fees (management expense ratio) apply everywhere, whatever the platform.

Over a year

What it costs
depending on use

Three cases computed from the schedule above, conversion fees excluded. For your own case, the calculator lets you compare TD with the seven other brokers by your trades and your balance.

CasePlatform usedTDWealthsimple
Twelve ETF purchases a year, nothing else, $10,000 balanceTD Easy Trade$0$0
Twenty-four stock trades a year, $5,000 balance, non-registered accountTD Easy Trade$0$0
Sixty trades a year, $30,000 balanceTD Direct Investing$599.40$0

A range appears when the schedule gives one. The fees of the ETFs held are not counted.

Avoiding them

How to pay less,
or nothing

Conditions change without notice
Every figure on this page carries its verification date. Between two checks, the official TD schedule governs.
The same check, elsewhere

The other schedules,
same method

RBC fees
RBC fees
$9.95 per trade · RBC Direct Investing, RBC GoSmart and RBC InvestEase
Verified July 2026
 CIBC fees
CIBC fees
$6.95 per trade · CIBC Investor's Edge
Verified September 22, 2026
 Scotia iTRADE fees
Scotia iTRADE fees
$9.99 per trade · Scotia iTRADE (Scotiabank)
Verified September 22, 2026
 Desjardins fees
Desjardins fees
$0 commission, and the rest · Desjardins Online Brokerage (Disnat)
Verified July 2026
 National Bank fees
National Bank fees
$0 commission, and the rest · National Bank Direct Brokerage (NBDB)
Verified September 22, 2026
 Questrade fees
Questrade fees
$0 commission, and the rest · Questrade (self-directed) and Questwealth (managed)
Verified July 2026
 Brokerage fee calculator
The calculator
Your trades, your balance: the eight institutions ranked by fees.
Free tool
FAQ

Frequently asked questions

Up to 50 trades a year, yes. Beyond that, each trade falls back on the TD Direct Investing schedule at $9.99.

By keeping a balance of at least $15,000, or by using TD Easy Trade, which does not charge it. $25 per quarter at Direct Investing when the accounts total stays under $15,000; waived when the household exceeds $15,000 (Household Program) or with a systematic investment plan of at least $100 a month. Under that threshold, it adds up to $100 a year.

Buying: $9.99. Selling: $9.99. The ETF's own internal fees apply on top, whatever the platform.

Fees vary by product, not checked.

$0 commission on buys and sells, no trade cap, no maintenance or inactivity fee; managed portfolio at 0.5% per year (Core), 0.4% from $100,000 (Premium), 0.4% down to 0.2% from $500,000 (Generation), plus ETF fees. Code LOIO3A gets you $35 in total at sign-up, after the request form.

Sources and verification dates