BMO InvestorLine combines its lowest fees ever with access to advanced trading tools, professional research and market insights, empowering investors with a more accessible intelligent investing platform
- Unlimited $0 commissions on all stock and ETF trades.
- Lower options trading costs, with $0 commissions and reduced per-contract fee of $0.90, down from $1.25.
- Elimination of all brokerage account administration fees.
TORONTO, Sept. 9, 2026 /CNW/ -- BMO InvestorLine is making its digital investing experience even better, announcing today the introduction of unlimited commission-free trading on all stocks, ETFs and options, the elimination of all brokerage account administration fees and the reduction of options contract fees. As the first direct investing brokerage owned by one of Canada's five largest banks to eliminate commissions on stock and ETF trades, BMO InvestorLine is making self-directed investing more accessible, giving Canadians access to a full-feature digital investing platform with professional research, intelligent tools, valuable insights and support to help them build their portfolios with confidence.
"BMO InvestorLine is setting a bold standard for digital investing in Canada by combining commission-free trading and no brokerage account administrative fees with the insights and advanced capabilities investors expect from a full-feature digital investing platform," said Silvio Stroescu, President and CEO, BMO InvestorLine. "We're eliminating barriers that can stand in the way of investing and paving the way for what comes next. BMO InvestorLine will continue to lead with new ideas, capabilities and experiences that give investors more of what they want and greater confidence in how they invest."
Why it Matters
The announcement reflects BMO InvestorLine's commitment to expanding access to digital investing for all Canadians. As more Canadians manage their financial lives digitally, BMO InvestorLine is lowering the cost of self-directed investing without compromising access to the tools, research and supports including AI-powered news and market summaries that investors can use to make informed investing decisions.
Whether clients are making their first investment, building long-term wealth or actively trading using sophisticated investment strategies, BMO InvestorLine delivers a comprehensive investing experience designed to help clients invest with confidence.
Tools for Active Traders
Today's announcement builds on recent enhancements to the BMO InvestorLine platform that support both active traders and long-term investors through a suite of investing capabilities, including:
- Multi-leg options trading
- Advanced options screeners
- Strategy-building tools
- Enhanced educational resources
- Real-time market data and research
BMO InvestorLine also recently introduced 'paper trading' capabilities for BMO Active Trader clients that allow them to use a practice account to learn how the BMO Active Trader platform works, test new trading strategies and build trading skills without risking their money.
adviceDirect: A Simpler, Smarter Investing Experience
As part of BMO InvestorLine's award-winning digital investing platform, adviceDirect combines online investing with personalized advice and dedicated advisor support, delivering a simpler, smarter investing experience. With adviceDirect, investors get all the features they enjoy along with a team of advisors to support them in reaching their goals, provide trade recommendations and offer continuous portfolio monitoring.
Together, these capabilities support investors across every stage of their journey, from those placing their first trade to experienced investors executing sophisticated options and trading strategies.
FAQ
When will BMO InvestorLine offer unlimited $0 commission stock and ETF trading?
BMO InvestorLine Self-Directed clients will benefit from $0 commissions on all stock and ETF trades and the elimination of all brokerage account administrative fees effective September 14, 2026.
Which BMO InvestorLine clients are eligible for unlimited $0 commission stock and ETF trading?
The $0 commission pricing for all stock and ETF trades and elimination of all brokerage account administrative fees apply for all BMO InvestorLine Self-Directed clients.
Are options trades included in unlimited $0 commission trading?
Yes, options trades will also have $0 commissions. In addition, the per-contract fee for options trades has been reduced to $0.90 from $1.25, and there will be no assignment fees or exercise fees for option contracts.
Do existing clients need to take any action to receive the new pricing?
No. BMO InvestorLine Self-Directed clients will automatically receive the new pricing effective September 14, 2026. No action is required.
Do adviceDirect clients also qualify for unlimited $0 commissions on stock and ETF trading?
An advisory fee based on the value of the billable assets in an account is paid by adviceDirect clients. Commissions are not applicable and options are not eligible for adviceDirect accounts.
Where can clients find the new pricing information?
For complete details on pricing and fees for BMO InvestorLine Self-Directed and adviceDirect accounts, please visit:
About BMO Financial Group
BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.5 trillion as of July 31, 2026. Serving clients for more than 200 years, BMO provides a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services across Canada, the United States, and select markets globally. BMO is innovating for business value, by deploying and integrating human, digital and artificial intelligence to personalize client experiences, augment teams, and automate its business responsibly. Driven by its purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and stronger communities.
Disclaimers
Account fees, foreign exchange fees and other fees and charges continue to apply, and may apply to your transaction, account or service. Please see the Commission & Fee Schedule applicable to your account, available at the links above.
Options are not suitable for all investors. Investing in options carries substantial risk and tax consequences. Investors may realize losses on any investments made utilizing leverage. Future returns are not guaranteed, and use of leverage may magnify trading losses.
BMO InvestorLine Inc. is a member of BMO Financial Group. "BMO (M-bar rounded symbol)" is a registered trademark of Bank of Montreal, used under licence. Member – Canadian Investor Protection Fund and Member of the Canadian Investment Regulatory Organization.
adviceDirect is a product of BMO InvestorLine Inc. An adviceDirect account is a non-discretionary fee-based account which offers investment recommendations. adviceDirect does not provide portfolio management by a portfolio manager. The client makes their own investment decisions and manages their own investment portfolio. adviceDirect does not offer discretionary, managed accounts.
SOURCE BMO Financial Group
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