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BMO InvestorLine Review, Pricing, and Features

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BMO InvestorLine

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BMO InvestorLine combines web and mobile self-directed trading with research, broad Canadian account support and linked BMO funding. Standard stock and ETF trades cost $9.95, active traders can qualify for $3.95, and more than 100 selected ETFs can meet $0-commission conditions. FX and low-balance account fees remain relevant.

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Pricing

Key fees from the official fee schedule

Source-checked · Jul 17, 2026

Online Canadian and U.S. stocks and ETFs

$9.95 standard; $3.95 active trader

Online Canadian and U.S. options

$9.95 or $3.95 plus $1.25 per contract

Foreign-exchange conversion revenue

1.6% to no more than 0.4% by USD tier

Low-balance account fees

$25 quarterly non-registered; $100 annual registered

This profile covers BMO InvestorLine Self-Directed. adviceDirect is a separate online-trading service with advisor support and portfolio recommendations. BMO SmartFolio is a separate managed portfolio service; its minimums, management fees, funding and portfolio construction do not apply here. Ordinary brokerage cash currently pays 0% at the standard tier. BMO InvestorLine HISAs, GICs and money-market holdings are separate investments, not the default cash balance. Canadian Depositary Receipts may represent fractional interests in foreign shares but are independently traded securities, not direct fractional orders in the underlying stock. See the BMO InvestorLine fee schedule for your country.

Key features

  • Canadian and U.S. stocks and ETFs with standard and active pricing.
  • More than 100 selected ETFs eligible for conditional $0 commissions.
  • Options, mutual funds, bonds, GICs, CDRs and IPO access.
  • CAD and USD non-registered and major Canadian registered accounts.
  • BMO bank transfers, external bill payments and account transfers.
  • Canadian tax documents based on account type and activity.

Broker details

Account and availability

Available in 1 country

Canada

Account

Individual and joint cash or margin accounts, TFSA, FHSA, RRSP, RESP and RRIF, LIRA, LIF and other eligible locked-in plans, Corporate, trust, estate and other eligible non-personal accounts · CAD, USD base currency · $0 general opening minimum

Cash and trading

Interest on uninvested cash

0%

Deposits

No standard linked-bank or bill-payment deposit fee stated

Linked BMO bank transfer, bill payment from another Canadian bank, internal contribution, or cash and securities transfer from another investment account · Non-BMO bill payments generally take 3–5 business days; account transfers generally take 2–6 weeks

Withdrawals

Method, transfer and deregistration fees can apply

Linked BMO bank cash transfer, internal transfer, registered withdrawal or investment-account transfer · Varies by settlement, account type and transfer route

Fractional shares

Not confirmed

Not established by the reviewed official sources

Tax support · Canada

Country tax report provided

Regulation and protection

BMO InvestorLine Inc.

Canadian Investment Regulatory Organization (CIRO)

Canadian Investor Protection Fund (CIPF) · Up to C$1,000,000 by CIPF account category

Covers missing eligible client property after member insolvency within CIPF limits, not market loss or investment performance.

Source-checked · Reviewed Jul 17, 2026 · Official sources: BMO InvestorLine Self-Directed website user agreement, BMO direct investing solutions, BMO InvestorLine Self-Directed forms, BMO InvestorLine Self-Directed FAQs, BMO InvestorLine Self-Directed pricing and fees, About CIPF coverage, BMO InvestorLine interest rates

FAQ

Is BMO InvestorLine free?

BMO InvestorLine should not be treated as free software. Brokerage access may have no monthly charge, but transaction, FX, market-data, custody, transfer, product, or spread costs can apply depending on the offer and jurisdiction. Check the broker details and official fee schedule.

Who is BMO InvestorLine best for?

It suits beginner, intermediate, and advanced users.

What platforms and connections does BMO InvestorLine support?

You can use BMO InvestorLine on Web and Mobile.

Which markets does BMO InvestorLine cover?

BMO InvestorLine covers North America. Examples include CA. It tracks Stocks, ETFs, Options, Mutual Funds, and Bonds. Identifiers include Ticker and CUSIP.

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Added 07/17/2026
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