Pricing

Start with competitive pricing that's simple, fair and transparent. Add a slate of services included with your account and it all equals value for you.

  1. Real-time market data and quotes for Canadian and US markets
  2. Commission-free mutual fund trades1

  1. Analyst research reports exclusive to TD

  2. Unlimited streaming education through our Learning Centre

Straightforward pricing

How you trade

Online Commissions2

Standard Rate
Flat fee online commission rates

Canadian & U.S. Stocks
$9.99 flat

Canadian & U.S. Options
$9.99 + $1.25 per contract

All prices are quoted and commissions charged in the currency of the trade.

Active Trader Pricing
150+ Trades/Quarter3

Canadian & U.S. Stocks
$7.00 flat

Canadian & U.S. Options
$7.00 + $1.25 per contract

All prices are quoted and commissions charged in the currency of the trade.

Commission-free investments

  1. Mutual Funds
    No commissions apply to buy, sell or switch. A short-term redemption fee may apply.1

  2. Fixed Income
    Commissions for Bonds, Strip Coupons, GICs, T-Bills and other fixed income and money market products are included in the quoted price.

  3. IPOs & New Issues
    No commissions apply to New Issue expressions of interest.

WebBroker & TD app

Real-time snap quotes for Canadian and US markets included with your account

  • TSX level I
  • NYSE level I
  • NASDAQ level I
  • OPRA level I
  • TSX Venture level I
  • MX level I

Free.

Level I vs. Level II Market Data

TD Active Trader Platform

 

Less than 30 Trades per quarter

More than 30 Trades per quarter2

US Equities Real-Time

USD$32/month

Free

Equity Options Real-Time

Futures

Market Depth

Available with USD$5,000

Advanced Dashboard

30 or more trades per quarter

$500,000 or more in assets

Under $500,000 in assets

Real-time streaming
TSX level I
NYSE level I
NYSE MKT level I
NASDAQ level I
OPRA level I

Free

Free

$29/month

Market depth – Canadian equities
TSX level II

Free

$10/month

$10/month

Market depth – U.S. equities NASDAQ
level II

Free

$10/month

$10/month

Market depth – Canadian Small Cap equities
TSX Venture level I

Free

Free

$10/month

TSX Venture level II
(Can only be selected after adding level I)

$30/month

$30/month

$30/month

MX level I

$10/month

$10/month

$10/month

Professional User Fees

30 or more Trades Per Quarter*

Under 30 Trades Per Quarter*

Real-time streaming level I quotes:
TSX level I
NYSE
NYSE MKT
NASDAQ level I
OPRA
TSX Venture level I
MX

$199/month

$229/month

Real-time streaming level II quotes:
TSX level II
NASDAQ level II
TSX Venture level II

$80/month

Add only $100/month

Commission-free investments

  1. Mutual Funds
    No commissions apply to buy, sell or switch. A short-term redemption fee may apply.1

  2. Fixed Income
    Commissions for Bonds, Strip Coupons, GICs, T-Bills and other fixed income and money market products are included in the quoted price.

  3. IPOs & New Issues
    No commissions apply to New Issue expressions of interest.

Maintenance Fee

If the total balance in your TD Direct Investing account is less than $15,000, you will be charged a maintenance fee of $25 per quarter4. However, there are a number of ways to have your maintenance fee waived through our Household Program.


Household Program

Our household program can help you qualify more easily for a waived maintenance fee, free streaming market data, and lower trading commissions. There is no cost to participate.

Please note the TD Active Trader Platform is not a part of the household program.

Enrolling in the Household Program

Clients with a single account will be automatically enrolled. If you or your Canadian household has more than one account and want to join the program, give us a call to find out more.

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

  1. The combined assets of all your TD Direct Investing in your Canadian household accounts exceed $15,000.
  2. 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.

  3. You complete three or more trades which incur a commission in the preceding quarter within household accounts.

  1. You hold a Registered Disability Savings Plan (RDSP) account within your household.

  2. You are in the introductory six months of the first account opened within your household.

Qualifying for free real-time streaming quotes in Advanced Dashboard:

Make 30 or more trades which incur a commission5 in your combined household accounts in the preceding quarter, and everyone qualifies for real-time streaming quotes. This includes TSX and NASDAQ Level I and II, NYSE, and U.S. Options (OPRA).

Qualifying for Active Trader commission pricing:

Make 150 or more trades which incur a commission5 in your individual or combined household accounts in the preceding quarter, and every account qualifies for active trader pricing.

As Canada's largest online brokerage6, we are dedicated to helping you invest for yourself, not by yourself. New or existing clients who open a new TD Direct Investing account could be eligible for a reimbursement of account transfer fees of up to $150 when $25,000 or more in assets are transferred from another financial institution7.

To qualify, an account statement must be provided showing transfer charges.

Transfer fee reimbursement is available for up to 4 transfers per client.

To get started, call us Monday to Friday 7 am to 9 pm ET at 1-800-465-5463.

See terms and conditions for more details.


Other Fees & Rates

Telephone Brokerage Commissions

Prefer placing orders over the phone with a licensed Investment Representative? We're here for you. Monday to Friday, 7 am to 9 pm ET. Telephone commissions apply.

Transactions with principal values less than $2,000 will be charged a flat fee of CDN $43.

Open an account online – it's fast and easy

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

  • Apply online

    It's easy to open a cash, margin, RSP, or TFSA account.

  • Call us

    We're here for you. 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.

Have a question? Find answers here