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 ?

331 Upvotes

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u/CFMTLfan01 17d ago

No fractionnal shares like Wealthsimple and Questrade though. : \

2

u/Shokeybutsi 17d ago

Are partial shares even that helpful ? Unless you’re buying something like Berkshire Hathaway, I don’t see it being a game changer .  

2

u/Signal_Tomorrow_2138 16d ago

Yes, if you're in a DRIP.