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Active Trader Program

Do you trade 30 or more times per quarter with RBC Direct Investing?

If you do, you qualify for the active trader program1. Take advantage of:

Exclusive tools and research

  • Level 2 quotes: See how many shares are available at prices below the highest bid. Or how many shares are offered for sale above the lowest asking price.
  • RBC Capital Markets and MorningstarResearch: Enjoy exclusive access to comprehensive Canadian and U.S. market research.

Your Trading Dashboard

  • This web-based application consolidates all of your trading needs. You can follow the markets, research the stocks that interest you, track your order activity and make new trades in a single screen. It also provides real-time streaming2 market data and quick order entry.

Trade commissions as low as $6.95 flat3

  • Clients who trade 150 or more times per quarter pay a commission of $6.95 flat CDN or U.S. per equity trade.
  • All other clients pay $9.95 flat3 CDN or U.S. per equity trade with no minimum account balance or trading activity required.

RBC Direct Investing Inc. and Royal Bank of Canada are separate corporate entities which are affiliated. RBC Direct Investing Inc. is a wholly owned subsidiary of Royal Bank of Canada and is a Member of the Investment Industry Regulatory Organization of Canada and the Canadian Investor Protection Fund. Royal Bank of Canada and certain of its issuers are related to RBC Direct Investing Inc. RBC Direct Investing Inc. does not provide investment advice or recommendations regarding the purchase or sale of any securities. Investors are responsible for their own investment decisions. RBC Direct Investing is a business name used by RBC Direct Investing Inc. ® / ™ Trademark(s) of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada. Used under licence.
© Royal Bank of Canada 2019. All rights reserved.

Real-time quotes for options and over-the-counter (OTC) securities are available upon accepting the terms and conditions of all exchange agreements on the RBC Direct Investing online investing site.

1 Clients who make 30 or more equity/options trades per quarter qualify for our Active Trader program. Quarterly trading activity of clients will be reviewed on a monthly basis on the 22nd of every month. Clients must re-qualify on a monthly basis for Active Trader status to stay in effect. Clients will qualify based on the eligible trading activity from the previous three calendar months (e.g. total trades count from September 1 to November 30, with Active Trader status going into effect on December 22). A trade is defined as a stock, exchange-traded fund (ETF) or option order for which a commission has been charged.

2Real-time streaming quotes are available on stocks and ETFs for all clients. Real-time streaming quotes are also available on options and over-the-counter (OTC) securities for Royal Circle and Active Traders clients upon accepting the terms and conditions of all exchange agreements on the RBC Direct Investing online investing site.

3 All RBC Direct Investing clients pay $9.95 flat CDN or U.S. per equity trade with no minimum account balance or trading activity required. $6.95 flat CDN or U.S. per equity trade when you trade 150 times or more per quarter. This pricing only applies to trades placed through an available Automated Service (as such term is defined in RBC Direct Investing’s Operation of Account Agreement), including the online investing site and mobile application. Additional terms and conditions apply. Visit pricing or call 1-800-769-2560 for complete details.

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