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Pricing | TD Direct Investing

Pricing | TD Direct Investing Skip to main content Personal Small Business Commercial InvestingSelected TD Asset Management About TD Search Find Us Help Canada Selected United States English Selected Français 简体中文 繁體中文 EasyWeb WebBroker U.S. Banking My Accounts Online Services EasyWeb WebBroker U.S. Banking Logout Get Started Go Back Get Started Close

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EasyWeb WebBroker U.S. Banking My Accounts My Accounts Logout EasyWeb WebBroker U.S. Banking Home / Direct Investing / Pricing

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Home / Direct Investing / Pricing

Direct Investing

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Direct Investing

Simple pricing, real savings\r\n"}}" id="text-83038b97b0" class="cmp-text"> Simple pricing, real savings Transparent commission rates and simple fees mean no surprises, just better value.

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

Open account

View all offers

Ready to start investing?

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Ready to start investing?

Open an account All of this for $0

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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.

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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)+

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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.

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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

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

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All mutual funds

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

Real-time market data

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

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Real-time market data

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

Research and education

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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.

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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

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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.

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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.

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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.

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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

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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

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

Account maintenance fees\r\n"}}" id="text-4940225619" class="cmp-text"> 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.

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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\r\n"}}" id="text-6d30b656bd" class="cmp-text"> 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.

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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.

View mutual fund fees

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View mutual fund fees

Telephone brokerage commission\r\n"}}" id="text-dc9b8f7479" class="cmp-text"> 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.

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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.

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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.

View rates

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View rates

Interest rates\r\n"}}" id="text-780ddf9872" class="cmp-text"> Interest rates Stay informed about borrowing costs and cash yields with our competitive, transparent interest rates designed to support your investing goals.

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

View rates

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View rates

Frequently asked questions\r\n"}}" id="text-30c10fa129" class="cmp-text"> Frequently asked questions How do I enroll in the Household Program? 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.

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

\r\n\r\nThe combined assets of all your TD Direct Investing in your Canadian household accounts exceed $15,000.\r\nYou 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.\r\nYou complete three or more trades which incur a commission in the preceding quarter within household accounts.\r\nYou hold a Registered Disability Savings Plan (RDSP) account within your household.\r\nYou are in the introductory six months of the first account opened within your household.\r\n\r\n"}}" id="text-bcc85c1098" class="cmp-text">

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. Are there fees/commissions for trading bonds? Commission will be charged when trading bonds. It varies based on the quantity and type of fixed income that is being traded. 

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

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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.

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

\r\n\r\nSelect the Accounts tab in the top left menu.\r\nUnder Transfers & Withdrawals, select Transfer cash within TD.\r\nSelect the To and From accounts from the drop down menu.\r\nEnter any amount and the currency you wish to transfer.\r\nClick Continue.\r\nClick Confirm Transfer. Reminder: Foreign exchanges cannot be reversed. Do not click unless you wish to complete the foreign exchange transaction.\r\nClick the X in the top right corner of the Transfers window to exit.  \r\n\r\n"}}" id="text-4cd388871c" class="cmp-text">

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

Select the Accounts tab in the top left menu. Under Transfers & Withdrawals, select Transfer cash within TD. Select the To and From accounts from the drop down menu. Enter any amount and the currency you wish to transfer. Click Continue. Click Confirm Transfer. Reminder: Foreign exchanges cannot be reversed. Do not click unless you wish to complete the foreign exchange transaction. Click the X in the top right corner of the Transfers window to exit.   Ready to start investing?\r\n"}}" id="text-31433d6902" class="cmp-text"> Ready to start investing? Whether you're new to self-directed investing or an experienced trader, we welcome you.

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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.

Book now Explore offers

Discover great investing options with our limited time offers.

View all offers Legal

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Legal

Accessibility Commitment

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Accessibility Commitment

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          CIRO Advisor Report                                             

See you in a bit\r\n"}}" id="text-06fc3f0c09" class="cmp-text"> See you in a bit You are now leaving our website and entering a third-party website over which we have no control.

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You are now leaving our website and entering a third-party website over which we have no control.

Continue to Site Back to TD Bank TD Bank Group is not responsible for the content of the third-party sites hyperlinked from this page, nor do they guarantee or endorse the information, recommendations, products or services offered on third party sites.

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Third-party sites may have different Privacy and Security policies than TD Bank Group. You should review the Privacy and Security policies of any third-party website before you provide personal or confidential information.
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TD Bank Group is not responsible for the content of the third-party sites hyperlinked from this page, nor do they guarantee or endorse the information, recommendations, products or services offered on third party sites.

Third-party sites may have different Privacy and Security policies than TD Bank Group. You should review the Privacy and Security policies of any third-party website before you provide personal or confidential information.

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† These select ETFs are available commission-free for digital trades only to all TD Direct Investing clients, which includes clients using Webbroker, the TD app, Advanced dashboard (desktop and mobile) and the TD Active Trader platform (desktop and mobile). Not applicable for trades placed on TD Easy Trade.

1 Funds held for less than 30 days are subject to a short-term redemption fee of 1% of redemption value or $45 (whichever is greater) and are in addition to any fee(s) the mutual fund company itself may charge. For more details, refer to Commission Schedule and Statement of Disclosure of Rates and Fees.

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1 Funds held for less than 30 days are subject to a short-term redemption fee of 1% of redemption value or $45 (whichever is greater) and are in addition to any fee(s) the mutual fund company itself may charge. For more details, refer to Commission Schedule and Statement of Disclosure of Rates and Fees.

2 Your household's quarterly trading activity will be reviewed on a monthly basis. The $7 Flat Fee Commission Rate is automatically effective by the 4th business day of each month using your eligible trading activity from the previous three calendar months. An eligible trade is defined as a commissionable filled equity or option order. Household accounts are defined as those TD Direct Investing accounts for clients living in the same household, with the same address. You must advise TD Direct Investing of these multiple account relationships. Trades executed through TD Direct Investing Global Trading are excluded for the purpose of evaluating your qualification for the $7 Flat Fee Commission Rate.

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2 Your household's quarterly trading activity will be reviewed on a monthly basis. The $7 Flat Fee Commission Rate is automatically effective by the 4th business day of each month using your eligible trading activity from the previous three calendar months. An eligible trade is defined as a commissionable filled equity or option order. Household accounts are defined as those TD Direct Investing accounts for clients living in the same household, with the same address. You must advise TD Direct Investing of these multiple account relationships. Trades executed through TD Direct Investing Global Trading are excluded for the purpose of evaluating your qualification for the $7 Flat Fee Commission Rate.

3 The maintenance fee will be evaluated at the end of each calendar quarter. TD Direct Investing is a division of TD Waterhouse Canada Inc., a subsidiary of The Toronto-Dominion Bank.

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3 The maintenance fee will be evaluated at the end of each calendar quarter. TD Direct Investing is a division of TD Waterhouse Canada Inc., a subsidiary of The Toronto-Dominion Bank.

® The TD logo and other TD trademarks are the property of The Toronto-Dominion Bank or its subsidiaries.

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® The TD logo and other TD trademarks are the property of The Toronto-Dominion Bank or its subsidiaries.

TD Wealth Commitment to Accessibility and Multi-Year Accessibility Plan

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This TD Wealth Commitment to Accessibility and Multi-Year Accessibility Plan (the "Plan") applies to TD Waterhouse Insurance Services Inc. and TD Waterhouse Canada Inc., including its divisions, TD Direct Investing (including TD Easy Trade™, which is a service of TD Direct Investing), TD Wealth Financial Planning (including TD Wealth Financial Planning Direct, which is a service of TD Wealth Financial Planning) and TD Wealth Private Investment Advice (collectively, "TD Wealth").

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Commitment to Accessibility
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TD Wealth is committed to ensuring that every employee and client receives equitable treatment with respect to employment and services, without discrimination, and receives accommodation in compliance with legal and regulatory requirements.

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Through progressive policies, communication and training, accommodation measures and recruitment practices, TD Wealth strives to provide a fully inclusive, barrier-free environment.

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TD Wealth is dedicated to creating a welcoming, fair, and inclusive environment for TD Wealth clients and employees.

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Our Plan is aligned with the TD Bank Group Accessibility Policy (Canada).

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Additional information is available on the Accessibility at TD: Meeting Customer Needs website.

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TD Wealth Multi-year Accessibility Plan 2025-2030

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TD Wealth has established this Plan which outlines our strategy to prevent and remove barriers to meeting the accessibility needs of people with disabilities. The Plan is reviewed and updated at least once every five years.

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The Plan is available in an accessible format upon request.

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Accessibility Policies

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Diversity and inclusiveness play a big part in TD Wealth's corporate responsibility model. TD Wealth is committed to being a welcoming place for all our clients and employees. Although TD Wealth has implemented policies and processes relating to accessibility for our clients and employees, we are committed to reviewing these policies and enhancing them as circumstances evolve.

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The TD Wealth Accessibility Policy (Canada) is available upon request and can be made available in an accessible format. 

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Communicating with people with disabilities and Accessible Formats

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TD Wealth is committed to creating, providing and receiving information and communications with people with disabilities in ways that consider their disability.

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TD Wealth is committed to providing clients with the choice of document format that best suits the client's needs.

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Upon request, clients can receive documentation in formats designed for the visually impaired. These alternative formats include, but are not limited to, braille, large format and audio recording.

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TD Wealth will record the format preference and send future documentation or communication in the format desired on a best effort basis.

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Assistive Devices

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TD Wealth is committed to serving people with disabilities who use assistive devices to obtain or use our products and services.

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TD Wealth provides training for all employees regarding the availability of assistive devices and how they may access information about assistive technologies.

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Use of service animals and support persons

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People with disabilities may bring a service animal onto public TD Wealth premises. TD Wealth provides training for all employees, contractors, volunteers, and others who represent TD Wealth regarding how to interact with people with disabilities who are accompanied by a service animal.

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Any person with a disability who is accompanied by a support person (e.g. sign language interpreter, attendant, etc.) will be allowed to enter TD Wealth premises that are open to the public with their support person. At no time will a person with a disability be prevented from accessing their support person while on TD Wealth premises.

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In situations where TD Wealth has obligations under privacy laws or has issues of confidentiality, a support person may be requested to agree to the requirements of service just as the person with the disability does.

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When support persons are required for meetings, consultations, or other events, we will work together with the person with the disability to meet their needs.

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Feedback process

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If you have feedback on our accessibility efforts or would like to request a copy of the Policy or the Plan, please contact us:

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Mailing address: Accessibility at TD, Accessibility Office, P.O. Box 1, Toronto-Dominion Centre, Toronto, Ontario M5K 1A2

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Toll-Free: 1-833-316-3554

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Teletypewriter (TTY): 1-800-361-1180

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Video Relay Service: 1-844-229-0787 (ASL)

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Email: accessibility@td.com

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Any complaints received via feedback will be reviewed and addressed in accordance with TD Wealth complaint handling protocols.

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TD Wealth will continue to ensure that our process for receiving and responding to feedback is accessible to people with disabilities by providing, or arranging for the provision of, accessible formats and communication supports, upon request.

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Accessible Websites and Web Content

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TD Wealth will make websites and web content accessible to people with disabilities by conforming to the international standards of the World Wide Web Consortium Web Content Accessibility Guidelines (WCAG).

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TD Wealth websites and web content will be compliant with the expectations and timelines under applicable legal and regulatory requirements.

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Temporary disruptions

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In the event of a planned or unexpected disruption in facilities or services, TD Wealth will provide information about the reason for the disruption, how long it is expected to last, and a description of any alternative facilities or services available (where applicable).

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Training

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TD Wealth will provide accessibility training focused on the provision of products and services to our clients.

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Training will also be provided to employees involved in the development of policies, practices, and procedures regarding the provision of products and services.

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Training will be provided to each person as soon as possible after they are assigned applicable duties.

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TD Wealth Commitment to Accessibility and Multi-Year Accessibility Plan

This TD Wealth Commitment to Accessibility and Multi-Year Accessibility Plan (the "Plan") applies to TD Waterhouse Insurance Services Inc. and TD Waterhouse Canada Inc., including its divisions, TD Direct Investing (including TD Easy Trade™, which is a service of TD Direct Investing), TD Wealth Financial Planning (including TD Wealth Financial Planning Direct, which is a service of TD Wealth Financial Planning) and TD Wealth Private Investment Advice (collectively, "TD Wealth").

Commitment to Accessibility

TD Wealth is committed to ensuring that every employee and client receives equitable treatment with respect to employment and services, without discrimination, and receives accommodation in compliance with legal and regulatory requirements.

Through progressive policies, communication and training, accommodation measures and recruitment practices, TD Wealth strives to provide a fully inclusive, barrier-free environment.

TD Wealth is dedicated to creating a welcoming, fair, and inclusive environment for TD Wealth clients and employees.

Our Plan is aligned with the TD Bank Group Accessibility Policy (Canada).

Additional information is available on the Accessibility at TD: Meeting Customer Needs website.

TD Wealth Multi-year Accessibility Plan 2025-2030

TD Wealth has established this Plan which outlines our strategy to prevent and remove barriers to meeting the accessibility needs of people with disabilities. The Plan is reviewed and updated at least once every five years.

The Plan is available in an accessible format upon request.

Accessibility Policies

Diversity and inclusiveness play a big part in TD Wealth's corporate responsibility model. TD Wealth is committed to being a welcoming place for all our clients and employees. Although TD Wealth has implemented policies and processes relating to accessibility for our clients and employees, we are committed to reviewing these policies and enhancing them as circumstances evolve.

The TD Wealth Accessibility Policy (Canada) is available upon request and can be made available in an accessible format. 

Communicating with people with disabilities and Accessible Formats

TD Wealth is committed to creating, providing and receiving information and communications with people with disabilities in ways that consider their disability.

TD Wealth is committed to providing clients with the choice of document format that best suits the client's needs.

Upon request, clients can receive documentation in formats designed for the visually impaired. These alternative formats include, but are not limited to, braille, large format and audio recording.

TD Wealth will record the format preference and send future documentation or communication in the format desired on a best effort basis.

Assistive Devices

TD Wealth is committed to serving people with disabilities who use assistive devices to obtain or use our products and services.

TD Wealth provides training for all employees regarding the availability of assistive devices and how they may access information about assistive technologies.

Use of service animals and support persons

People with disabilities may bring a service animal onto public TD Wealth premises. TD Wealth provides training for all employees, contractors, volunteers, and others who represent TD Wealth regarding how to interact with people with disabilities who are accompanied by a service animal.

Any person with a disability who is accompanied by a support person (e.g. sign language interpreter, attendant, etc.) will be allowed to enter TD Wealth premises that are open to the public with their support person. At no time will a person with a disability be prevented from accessing their support person while on TD Wealth premises.

In situations where TD Wealth has obligations under privacy laws or has issues of confidentiality, a support person may be requested to agree to the requirements of service just as the person with the disability does.

When support persons are required for meetings, consultations, or other events, we will work together with the person with the disability to meet their needs.

Feedback process

If you have feedback on our accessibility efforts or would like to request a copy of the Policy or the Plan, please contact us:

Mailing address: Accessibility at TD, Accessibility Office, P.O. Box 1, Toronto-Dominion Centre, Toronto, Ontario M5K 1A2

Toll-Free: 1-833-316-3554

Teletypewriter (TTY): 1-800-361-1180

Video Relay Service: 1-844-229-0787 (ASL)

Email: accessibility@td.com

Any complaints received via feedback will be reviewed and addressed in accordance with TD Wealth complaint handling protocols.

TD Wealth will continue to ensure that our process for receiving and responding to feedback is accessible to people with disabilities by providing, or arranging for the provision of, accessible formats and communication supports, upon request.

Accessible Websites and Web Content

TD Wealth will make websites and web content accessible to people with disabilities by conforming to the international standards of the World Wide Web Consortium Web Content Accessibility Guidelines (WCAG).

TD Wealth websites and web content will be compliant with the expectations and timelines under applicable legal and regulatory requirements.

Temporary disruptions

In the event of a planned or unexpected disruption in facilities or services, TD Wealth will provide information about the reason for the disruption, how long it is expected to last, and a description of any alternative facilities or services available (where applicable).

Training

TD Wealth will provide accessibility training focused on the provision of products and services to our clients.

Training will also be provided to employees involved in the development of policies, practices, and procedures regarding the provision of products and services.

Training will be provided to each person as soon as possible after they are assigned applicable duties.

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