Distinctive Direct Brokerage Services

Call one of our dedicated account managers for more information at 1-866-221-9358.

Discover our tailored offers

Advantage Direct Brokerage

Eligibility criteria¹:

Have $500,000 or more in assets under the same account root² at National Bank Direct Brokerage

You’ll get:

Access to a team of experienced representatives via a priority phone line
Options for preferred interest rates
Personalized reports at no cost
To share these benefits with a family member who lives at the same address
And more

Private Direct Brokerage

Eligibility criteria:

By invitation only (high business volume)

You’ll get:

A dedicated account manager and access to a direct phone line
The ability to communicate with your account manager by email
Options for preferred interest rates
To share these benefits with a family member (regardless of the address)
And more

All your benefits and preferred rates in detail

Services
	Advantage Direct Brokerage	Private Direct Brokerage
Access to a team of experienced representatives via a priority phone line	✓	-
A dedicated account manager and access to a direct phone line	-	✓
The ability to communicate with your account manager by email	-	✓
Pricing
Preferred interest rate on Canadian and U.S. debit balances	✓	✓
	✓	✓
Reimbursement on account transfer fees from another institution ($150 + tax)	✓	✓
No charge for lump sum RRSP, RRIF and LIF withdrawals	✓	✓
Gift of securities - free transfers between family members	-	✓
Reports and communication
Personalized reports at no cost Gains and losses Interest income Foreign securities	✓	✓
Other services
Access to a wide range of GIC issuers	✓	✓

Why pay when it’s free?³

$0 Stock commissions
$0 Commissions on Canadian and U.S. Exchange-Traded Funds (ETFs)
$0 + $1.25/contract (minimum of $6.25) Commission on options
$0 Commissions on mutual funds
$0 Commissions on Exchange-Traded Debentures
$0 Annual administration fee

For all other fees, the Commission and General Fee Schedule applies.

What are our preferred borrowing rates?

Our personalized direct brokerage services give you access to our preferred borrowing rates.

Debit amounts	Advantage	Private
CAD
$0 -$9 999 CAD	6.25%	6.25%
$10 000 – $99 999 CAD	6.25%	5.75%
$100 000 CAD or more	6.10%	5.25%
USD
$0 - $9 999 USD	8.50%	8.50%
$10 000 – $99 999 USD	8.50%	8.00%
$100 000 USD or more	8.35%	7.75%

What are our interest rate for cash balances?

Here are our current rates if your account has a credit balance (not invested).

For all account types	Advantage	Private
CAD	0.00%	0.00%
USD	0.00%	0.00%

An interest rate consistent with that indicated below will be applied to the debit balances of all accounts that have not obtained any authorization to borrow on the value of the investments held therein:

All balances in CAD: 21%
All balances in USD: 21%

The interest rate paid on a credit balance or charged for a debit balance may change without notice.

The interest paid or billed is calculated on the daily balance of the credit or debit balance in your account, from the 16^th day of the previous month to the 15^th day of the current month, including that day.

For cash and registered accounts, the interest will only be credited or debited if the amount reaches $5.00. For margin accounts, however, it will be credited or debited starting at $0.01.

The little details that matter

1. Our Advantage and Private Direct Brokerage services are offered by invitation only.

2. An account root refers to all the accounts held by a client whose first six digits are identical.

3. To be eligible, trades must be made through our electronic solutions.