RBC Direct Investing

RBC Direct Investing is the discount brokerage branch of the Royal Bank of Canada, the largest bank in the country. In line with this it is one of the largest brokerage firms in Canada and in essence works to promote the various investment services the bank has on offer, under its own subsidiary brand, which can be fully dedicated to its cause. It primarily operates online and targets customers who are already account holders with the main bank, helping them to make the natural progression in to investment, which comes in various forms.

Accounts on offer include regular investment accounts, offering all the tools for full control by the customer, retirement saving plans to invest for you golden years, Registered Education Savings Plans to help save for your children’s educational future and various corporate accounts for businesses.

Accounts come with helpful investment tools to aid you in making informed decisions. These include things like “stock insight tools” for comparison with other stocks, calendars, news alerts, calculators among others.

Like all online investment services RBC Direct Investing charges various fees and commission, although they are fair and compare with other similar services. On all 150+ Trades / Quarter they charge a flat fee of $6.95 and on all 30-149 Trades / Quarter they charge a flat fee of $9.95.

A perk of being an account holder of the main bank allows you to access bother services online from one portal, allowing transfers between accounts at the click of a button.

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