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Ecosystem

BMO InvestorLine Eliminates Commissions on Stock and ETF Trades

BMO InvestorLine will introduce commission-free trading across all stocks and ETFs, becoming the first self-directed brokerage owned by one of Canada’s five largest banks to eliminate these trading commissions. BMO is also removing account administration fees and cutting options trading costs by eliminating commissions and reducing contract fees. The changes strengthen InvestorLine’s position against digital competitors such as Wealthsimple, highlighting growing fee pressure in Canada’s self-directed investing market.

At a glance
Beat
Ecosystem
Issuer
BMO
Region
Canada
Filed
9 September 2026

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