TORONTO, ONTARIO--(Marketwired - Feb 10, 2014) - BMO InvestorLine today announced a lower flat fee of $9.95 per equity trade for all Self-Directed clients. The new fee is not subject to any minimum account balance or trade activity requirements.
"Our new flat fee pricing is a reflection of our ongoing commitment to making investing more convenient and affordable for our Self-Directed clients," said Viki Lazaris, CEO, BMO InvestorLine. "This pricing change will make it even easier for Canadian investors to take advantage of our superior client services and strong investor education, research and tools."
In addition, BMO InvestorLine is offering clients $250 cash back and 250 free trades when they invest $100,000 before March 10, 2014. Further, when clients open an additional account they'll receive an extra $50 cash back and 50 free trades - for a grand total of $300 and 300 free trades.
BMO InvestorLine has also recently launched Traditional Chinese-language websites and is offering Chinese-speaking clients an $88 cash bonus if they open a new BMO InvestorLine account and deposit $25,000 or more up until February 22, 2014.
For more information, please visit www.bmoinvestorline.com.
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About BMO InvestorLine
BMO InvestorLine is an online investing service that provides clients with two ways to invest online. Clients can choose from BMO InvestorLine's top ranked Self-Directed service that provides tools to help investors make independent decisions on how to invest. BMO InvestorLine's other service, adviceDirect™ provides investors with online advice and investment recommendations for their portfolios. Clients have access to trading, quotes and account information 24 hours a day through a website or Automated Telephone Trading. BMO InvestorLine also provides users with third party research, along with leading edge tools that are informative and easy to use. As an all-in-one investment source, it is a constantly evolving, cost-efficient platform that is fully compatible with tablets.
BMO InvestorLine Inc. and BMO Ligne D'action Inc. provide this commentary to clients for informational purposes only. The information contained herein is based on sources that we believe to be reliable, but is not guaranteed by us, may be incomplete or may change without notice. The comments included in this document are general in nature, and professional advice regarding an individual's particular position should be obtained.
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.
BMO InvestorLine Inc. is a member of BMO Financial Group.
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