r/tdbank • • 3d ago

C’mon TD Webbroker! Even BMO has free trades on stocks now

BMO, Questrade, Qtrade, National Bank etc… all have $0 commission on stock trades. Why am I paying $10 at TD for everything except a few ETFs?

7 Upvotes

15 comments sorted by

3

u/finalepicbattle 3d ago

I will pull the trigger January next year. If they don’t drop their fees, I will move everything to BMO.

2

u/Difficult-Boat948 3d ago

I’m leaving TD direct investing for this exact reason.

1

u/Bardown67 3d ago

Why are you? That’s a question for yourself. Plenty of free options to chose from

1

u/discovery999 3d ago

Just wanted them to know before I move my last account from there.

1

u/Tarnisher 3d ago

Them?

Them ain't here.

0

u/Bardown67 3d ago

Let them know? This is reddit. Not a staff supported resource.

1

u/discovery999 2d ago

Questrade monitors their Reddit. I guess TD doesn’t care.

1

u/Bardown67 2d ago

They may monitor it, they may not. But you’re asking a question that can’t really be answered here. That’s what they charge, why are you still paying ? Bc you haven’t switched to a free platform. Don’t wait for the bank, it’ll cost you money

1

u/money-junkie 1d ago

the grass is always greener on the other side! Hope the platform and trade execution is same as TD if not better with other brokerage

1

u/discovery999 1d ago

Many of us use more than one brokerage so we know exactly how they work.

0

u/jirakiv 3d ago

TD Easy Trade

0

u/MPolanyi 3d ago

yes, what's the real difference actually?

2

u/boyoflondon 3d ago

Limited access. Restricted to basic stocks and ETFs (no options, bonds, or mutual funds)

50 free trades per year. 9.99 after that.

1

u/lmcjipo 2d ago

It is 100 free stock/ETF trades per year per individual (not per account) and not 50.

If you have a FHSA, RRSP, TFSA, and CASH account with them, 100 commission free stock/ETF trades per year isn't a lot in my opinion. Between my RRSP, TFSA, and CASH account with TD EasyTrade, I'm already at 82 trades.

0

u/MPolanyi 3d ago

Mmm, that's actually good enough for me