New investors

The ABCs of self-directed investing

Open an account

Getting started as a self-directed investor

National Bank Direct Brokerage makes it easy for you to manage your investments directly. We've got the tools, training and support that new self-directed investors need.

Here's what you can do:

  • Take charge of your investments and trade in real time
  • Save on management fees
  • Achieve your financial goals
  • Get support from qualified experts
  • Expand your knowledge by attending our events

Online investing in 3 steps

Number 1

Choose your investment accounts

Looking to take charge of your portfolio, save for a vacation or simply play the markets? We have an account for you. Registered, non-registered or special: choose the best account to help you achieve your goals.

See our accounts

Number 2

Use a powerful trading platform

Once your account is open, our secure platform makes it easy to trade. You'll get access to decision‑making tools and research to help enhance your investing knowledge. You're never on your own.

Discover the platform

Number 3

Select your products

Transfer your funds and select your investment products. Choose from ETFs, stocks, bonds and more. 

Explore our products

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Did you know?

Many investors use margin to take advantage of the leverage. Learn about our margin accounts to increase your return potential.

InvestCube platform

Short on time? Try InvestCube

InvestCube is an automated investing solution that is ideal for busy investors. You get an exchange-traded funds (ETF) portfolio that reflects your optimal asset mix, plus automatic rebalancing for a nominal fee (0.30% to 0.50%).

Discover InvestCube

Benefit from Our Favourable Pricing


Active Investor 1

$0.95 per trade

Young Investor2

$4.95 per trade
+ 10 free trades each year

Regular Pricing3

$6.95 per trade

$0 commission on ETFs4

$0 per trade

Icône ampoule

Did you know?

You are an engineer, healthcare or business professional or you are a newcomer in Canada?
Learn about our exclusive offers.

Image trophy J. D. Power

A renown client experience

National Bank Direct Brokerage #1 in Investor Satisfaction with Self-Directed Brokerage Firms according to J.D. Power*.

The fine print

Conditions for applying the new pricing

1. To benefit from the active investor pricing, one hundred (100) or more stock, ETF or option trades generating a commission must have been carried out under the same account root in the previous three (3) months (quarter). When these criteria are met, the active investor pricing takes effect on the first business day of the following month. They must be met on the 1st day of each month to continue benefiting from the active investors’ commission schedule. This pricing does not apply to transactions placed through a representative, although they are considered when calculating the number of trades carried out during the quarter. Legal entity accounts are eligible for active investor pricing but cannot be combined with an individual account for the purpose of calculating transactions.

2. You must be 30 years old or younger to benefit from the young investor pricing. To be eligible, transactions must be carried out through our electronic solutions. Free transactions apply to equities and exchange-traded funds.

3. Trades must have been made through our electronic solutions.

4. Each trade must involve 100 or more exchange-traded funds (ETFs) units and must be carried out using our electronic solutions.

Commission-free ETF trades are not counted when calculating:

  • Free access to trading platformsActive Investor pricing
  • Annual administrative fees
  • Management and other fees may apply to ETF investments. 

Please read the prospectus before making an investment. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. Regular pricing on equities trade applies if the $0 commission conditions on ETFs are not met.

General commissions

*Commissions are billed in the same currency as the transaction.

Each partial execution of a transaction is subject to the full commission, unless the transaction is executed in its entirety on the same business day. Full commission is charged for each separate transaction performed on the same security. Additional fees may be charged by the local securities exchange commission and/or by the stock market and are billed in the same currency as the transaction.

When a transaction is placed through one of our services (e.g., a representative), and then modified via another service (e.g., the website), the commission will be based on the higher of the two commission schedules. Option exercises are subject to the same commission schedule as share transactions made through a representative. A currency conversion is required for any trade involving a security in a currency other than that of the account in which the trade is settled. When carrying out this conversion, National Bank Direct Brokerage acts as principal and can earn, in addition to the commission applicable to the transaction, revenue based on the spread between the bid and ask rates. Short selling borrowed securities may result in additional fees. These fees vary based on the markets and without prior notice. Contact one of our representatives for more information about these fees.

J.D. Power

*For J.D. Power 2021 award information, visit

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