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ETF trading at RBC Direct Investing

Your expert
Oskar G.
Fact checked by
Adam N.
Updated
Jul 2024
Personally tested
Data-driven
Independent

Can you buy ETFs at RBC Direct Investing?

ETFs, short for exchange-traded funds, are one of the greatest means to diversify your investments and profit from a bull market. Despite their immense popularity, not all brokers offer ETFs for trading. Let's find out whether you can trade these funds at RBC Direct Investing, and if yes, under what conditions.

Great news, ETF trading is available at RBC Direct Investing, under good conditions and with a great selection of available funds. Read on for more expert details on trading costs and comparisons to other market-leading brokers.

RBC Direct Investing is great for ETF trading
Oskar
Oskar Golebiowski

I've tested dozens of brokers in recent years with our analyst team, including their ETF trading features. Here's why I recommend RBC Direct Investing for trading ETFs:

  • RBC Direct Investing has a strong ETF trading score based on fees and available products.
  • ETF trading fees at RBC Direct Investing are average.
  • You can invest in 3,100 ETFs at RBC Direct Investing.
  • Check out how RBC Direct Investing stacks up against the best brorkers for trading ETFs.

Before we begin, let's see if RBC Direct Investing is available in your country

No, you can't open an account at RBC Direct Investing if you live in the United States!
country flag us
United States
Overall score
3.9/5
Minimum deposit
$0
Stock fee
Average
Options fee
Average
Inactivity fee
no
Account opening
1-3 days
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RBC Direct Investing has a strong ETF trading score

Want to know if RBC Direct Investing is a solid choice for trading ETFs? We broke it all down into a simple ETF score to help you decide. We looked at the trading fees they charge, how many different ETFs you can actually invest in through them, and just how good their overall services really are.

RBC Direct Investing ended up with a strong ETF score of 3.7 stars . That's definitely above average compared to other brokers we've reviewed for ETF trading. Let us break it down a bit and and take a look at how RBC Direct Investing stacks up against some of its closest competitors:

Broker
ETF score
RBC Direct Investing
3.7
/5
Qtrade Direct Investing
3.5
/5
Questrade
3.8
/5
RBC Direct Investing ETF score vs selected competitors

ETFs are great tools to diversify your investments and profit from a range of assets, including stocks, bonds, commodities and real estate. If you feel you need to brush up your ETF trading skills, take a look at this ETF trading guide compiled by our analyst team.

ETF trading fees at RBC Direct Investing are average

Fees are how brokers make their money at the end of the day. But here's the kicker - the charges can vary significantly between different brokers. One broker's fees could really nickel and dime you, while another might give you way better rates. Why all this obsession over fees?

Here's why. Let's say you want to invest $10,000 in an ETF that tracks the S&P 500. Broker A charges $4.95 per trade, while Broker B charges $6.95 per trade. That may not seem like a huge difference, but it adds up over time with repeated purchases or sales. If you invest just once per year for 30 years and pay those trading fees each time, you'd pay almost $1,500 more in total fees at Broker B versus Broker A. So while a few dollars per trade may seem trivial, they can significantly impact your overall returns when investing for the long haul.

Costs charged by RBC Direct Investing for trading ETFs are average.
RBC Direct Investing main fees and features
💰 RBC Direct Investing ETF trading fees class Average
💰 RBC Direct Investing withdrawal fee $0
💰 RBC Direct Investing minimum deposit $0
💰 RBC Direct Investing inactivity fee No
📃 RBC Direct Investing deposit methods Bank transfer

Data updated on July 22, 2024

ETF selection at RBC Direct Investing

Let's take a close look at the ETFs offered by RBC Direct Investing. We want to see if their selection is good enough to meet the needs of different types of investors.

There are 3,100 ETFs available at RBC Direct Investing, which is a vast amount to choose from. With this selection, you can more easily diversify your portfolio and spread your money across different areas.

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Check out RBC Direct Investing in detail and browse top alternatives

Want the inside scoop on what it's really like to trade with RBC Direct Investing? Be sure to read BrokerChooser's RBC Direct Investing review for 2024. We've done a super thorough analysis based on nearly 600 different data points and tested their platform ourselves with a real money account. By actually opening an account and making trades, we can give you the unvarnished truth about their trading conditions, fees, and overall service quality across the board. It's an honest, experienced take on RBC Direct Investing instead of just marketing fluff.

Although RBC Direct Investing is great for ETF trading, there could be even better options out there. See for yourself by browsing our top list of the best ETF brokers in your country.

Alternatively, if you want a broader comparison or have some specific other brokers in mind, you can use our broker comparison tool to size up brokers along many different criteria.

Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.

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Further reading

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

Oskar Golebiowski
Author of this article
Oskar is a former Canadian broker expert for BrokerChooser. Oskar's goal is to bring transparency to investors in the Canadian stock brokerage market. With a bachelor’s degree in finance and over 3 years of business experience, Oskar has tested many different investing platforms in the past. His aim is to provide unbiased and honest reviews of the best tools available to Canadian investors.
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