Investing: The 'False Economy' of Lower Fees Amid US Dominance

Investing: The 'false economy' of lower fees amid US dominance

Stock markets have seen a big rise in exchange-traded funds that offer lower fees

Low-fee laggard RBC Direct Investing adopts commission-free ETFs - MoneySense

RBC Direct Investing, one of Canada’s largest online brokerages and among those with the highest fees, has introduced commission-free trades on 50 exchange-traded funds (ETFs) from partner iShares. The move suggests the competitive pressure for low- and no-fee trading continues at all points along the digital brokerage spectrum. In February, Questrade adopted zero commissions on all stocks and ETFs, joining Wealthsimple Trade, National Bank Dire…