National Bank Direct Brokerage Review Updated on: Oct. 15, 2019 As of October 2019, National Bank Direct Brokerage has made an ambitious move in it’s pricing structure to unveil the leading rate (for now) among Canadian bank-owned online brokerages for commissions for equity trades. National Bank Direct Brokerage – Review of Pricing (updated Feb 28/14) Over the course of 2013, National Bank Direct Brokerage made a number of upgrades to its websites (mobile and main website), pricing and customer experience. Younger investors also get an incredible pricing break, receiving a standard commission pricing rate of $4.95 per trade and 10 commission-free trades per year – a bundle never seen before for Canadian online brokerages. Surviscor is a proven North American leader in the analysis and ranking of Canadian digital customer experiences provided by service firms. It’s usually prudent to get things in writing when conducting any transaction or making a special arrangement – did the reps give you a reason why they did not put what you were asking for in writing? Options trading in registered accounts is limited to buying and selling options as well as covered calls.In the non-registered investment account category, clients can trade with cash and margin accounts. Power Award for Investor Satisfaction for Canadian discount brokerages. This in-depth review of mobile trading on National Bank Direct Brokerage's mobile trading website looks at the features and functions investors can use to trade on the go. The essential functionality required for placing an order, managing funds and tracking order status can be conducted via the mobile website. As it is built off a similar platform to eSignal, the charting and sophistication of data available is robust. Pricing for data for Market Q depends on a client’s activity level. As they are a bank-owned online brokerage, National Bank Direct Brokerage (NBDB) offers the convenience of branch services as well as being able to manage other National Bank financial products with via the standard National Bank online interface. Have you ever really wondered why you BANK where you bank? Click the following link for our I will be transferring out after only 1.5 months. In addition to the upgrades to its site, they were also the recipients of the J.D. Customer service when offering you something refuses to put it in writing means to me they can’t be trusted. If asked my advice we would be to not use this broker at all but I’m only one person.Thanks for your comment Brian. Like their peers, National Bank Direct Brokerage offers online trading in stocks, ETFs, options, mutual funds and bonds.After about five years at their previous commission rates, National Bank Direct Brokerage made a significant revision to their commission pricing structure in mid-October 2019 to make them the lowest cost bank-owned online brokerage for active investors and one of the most compelling for younger investors.With so much volatility in the pricing of commissions taking place, National Bank Direct Brokerage was the first bank-owned online brokerage in Canada to significantly reduce their commission rates. Outages are always a frustrating (and possibly costly) scenario to face when trading online. The video below provides an in-depth walk-through of the features of the website in action as well as a demo on what placing a trade on their mobile platform is like.