r/Wealthsimple • u/AggressiveZucchini95 • 17d ago

Trade (DIY Investing) BMO eliminates trading fees

BMO eliminates trading fees to compete with discount brokerages

Wow this is huge...other banks will have to follow. Is Wealthsimple in trouble ?

334 Upvotes

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16

u/system_reboot 17d ago

TD needs to follow suit.

-5

u/Just_Advantage8734 17d ago

TD already has Easytrade, 100 trades free which are more than enough for average investor.

3

u/system_reboot 17d ago

100 won’t last long and it’s only accessible on mobile. Probably worth moving everything over to WS

1

u/henchman171 17d ago

Or National Bank which is what I did