BMO eliminates trading fees to compete with discount brokerages

As Canada’s big banks face increasing competition from smaller digital platforms, BMO says its digital self-directed investing platform will begin offering commission-free trading on all stocks and exchange-traded funds.BMO InvestorLine will be the first direct investing brokerage owned by one of Canada’s five big banks to eliminate commissions on stock and ETF trades.It is also eliminating brokerage account administration fees and lowering option trading costs by reducing contract f