NBDB is well positioned with 18–30 year olds and active investors
On October 15, National Bank Direct Brokerage (NBDB) will launch one of the most competitive online brokerage fee structures on the Canadian market.
This is the new fee structure for the different client
Young investors (18–30): $4.95 per trade and 10 free trades
Active investors (100 or more trades per quarter): just $0.95
- National Bank clients (with a bank account connected to the NBDB platform): $6.95 per trade
The launch of the fee structure coincides with the release of the newly redesigned NBDB platform, providing an easier, faster, and more convenient user experience.
"This fee structure is much more than a gateway to our new platform and the many advantages it offers. It helps us stand out in the do-it-yourself investment market," says Claude-Frédéric Robert, President of National Bank Direct Brokerage. "In addition to being a much more interesting offer for the various types of investors, we are reaching out to 18–30 year olds who want to start investing on their own, and we're providing them with useful tools to do it. We want to show them that managing their own portfolio is easier and more affordable than they thought!"