Training Example: RBC Direct Investing – Review the Data, Give Your Score & Compare to the Real AI Evaluation

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[IMG: GoSmart]

LIMITED TIME OFFER
Open your first GoSmart account and
[H1]
Get $50 when you deposit $500 legal disclaimer footnote *

Introducing GoSmart, an easy-to-use, commission-free way to build your future.

Start Investing
Explore More

Conditions apply legal disclaimer footnote *

Your idea of smart investing happens here

[IMG: screenshot showing transfer between accounts for $500]

[H2] New opportunities. Get ready.

Set yourself up for potential access to IPOs and new issues with RBC Direct Investing.

Open an account
Explore more

Get $50 when you deposit $500

Access IPOs

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[IMG: Resume carousel]

[IMG: Pause carousel]

[IMG: Resume carousel]

[H2] No account maintenance fees

Open as many accounts as you want and pay no account maintenance fees, no matter your balance or account type.
View Pricing

[H2] Over 50 commission-free ETFsLegal Disclaimer footnote 1 — including crypto, gold & silver ETFs

Focus on growth, with exposure to Bitcoin, Ethereum, gold & silver invest for income and more.
Explore ETFs

Established Investors
[H2] Commission Free Mutual FundsLegal Disclaimer footnote 2

Choose from actively and passively managed mutual funds across investment strategies.
Explore Mutual Funds

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[H2]
Accounts and investments that work for you.

Build the future you want. From a first home, to education and retirement, invest towards your goals with accounts and investments that meet your needs.

New Investors

Established Investors

IDEAL FOR NEW INVESTORS
[IMG: GoSmart]

Commission-free investing in a streamlined, mobile-first environment

LIMITED TIME OFFER
Open your first GoSmart account today and get $50 when you deposit $500 by April 2, 2027. Conditions apply legal disclaimer footnote *.

$0
/ trade

50 commission free trades per year on stocks and ETFs

Unlimited commission-free trades on select ETFs (opens new window)

Accounts

TFSA (opens new window)
FHSA (opens new window)
RRSPs (opens new window)

Investments

Stocks (opens new window) & ETFs (opens new window)

Platforms

RBC Mobile App (opens new window)

Open an Account

IDEAL FOR Established Investors
Full-Suite RBC Direct Investing
Full suite investing with more accounts, research and flexibility.

$9.95
/ trade

$6.95
/ trade

for 150+ trades per quarter

Unlimited commission-free trades on select ETFs (opens new window) and all mutual funds (opens new window)

Accounts

TFSA (opens new window)
FHSA (opens new window)
RRSP (opens new window)
RESP (opens new window)
Cash (opens new window) / Margin (opens new window)
Business and more (opens new window)

View all accounts

Investments

Stocks (opens new window)
ETFs (opens new window)
Mutual Funds (opens new window)
Options (opens new window)
GIC (opens new window) and Bonds (opens new window)

View all investments

Platforms

Online (opens new window)

RBC Mobile App (opens new window)

Trading Dashboard (opens new window)

Open an Account

[H2] Trade your way

You’re always just a tap or click away from confidently managing your investments.

[H3] Invest On the Go

[IMG: Cell phone showing RBC’s mobile trading and investing platform]

The RBC Mobile app lets you track investments and trade from anywhere. Move money and manage watchlists wherever you are.

[H3] Online investing for everyone

[IMG: Computer monitor with RBC online investing and trading platform]

Our online trading platform features real-time streaming quotes and event-driven insights to help drive your investment decisions.

[H3] Next level trading

[IMG: Online trading and investing dashboard]

The Trading Dashboard can be fully customized with detailed metrics and advanced charting tools to match your investing style and needs.

Discover tools and research for successful trading

[H2] Open an account in minutes

ideal for New Investors
[IMG: GoSmart]

LIMITED TIME OFFER
Open your first GoSmart account today and get $50 when you deposit $500 by April 2, 2027. Conditions apply legal disclaimer footnote *.

Scan the QR code below with your phone

[IMG: Scan QR Code]

Sign In To RBC Mobile App

Not an RBC client? Get started

ideal for Established Investors
Open all other RBC Direct Investing Accounts

Open an Account

[IMG: RBC digital banking security guarantee]

You're Protected. Get 100% reimbursement for any unauthorized transactions conducted through the Online Investing platform or the RBC Mobile app.
See the Guarantee
Transfer $15,000 or more and we'll cover up to $200 in fees charged by your other brokerage. (Up to $500 in fees reimbursed for Royal Circle and Royal Distinction members.)

[H2] Self-Directed Investing and Trading FAQs

[H3]
Is GoSmart right for me?

A GoSmart account is designed for beginning investors who are comfortable making their own investment decisions using the RBC Mobile App. Our aim is to simplify the process of ‘how to invest’ and provide commission-free trading in registered accounts.

[H3]
How do I open a full-suite RBC Direct Investing or GoSmart account?

It's easy. Visit Open an Account to get started. In many cases, your application will be approved in as little as 24 hours.

[H3]
How do I transfer my account from another institution?

If you don't have an account with us yet, the easiest way to transfer an account from another institution is when you open your account online. If you're an existing client, you can use our secure online transfer form to transfer your account from another institution. You can also download the form and visit us in person, or call us at 1-800-769-2560.
For details, see Transfer from Another Brokerage (opens new window) or visit an Investor Centre (opens new window).

[H3]
What are some ways I can save on fees?

Commission-free trading: Save the commission on all mutual fundsLegal Disclaimer footnote 2 and a selection of over 50 exchange-traded funds (ETFs)Legal Disclaimer footnote 1.
Pay $0 maintenance fees: Some brokerages charge an account maintenance fee unless you meet certain conditions. At RBC Direct Investing, there’s no maintenance fee, no matter how much you invest—or the type of account you hold.
Use your Avion Points to pay trade commissions: If you’re an Avion Rewards member and you have an eligible RBC Direct Investing account, you can use your Avion points to pay for online and mobile trade commissions—or to make cash contributions to your account.Legal Disclaimer footnote 3
Transfer fees: Transferring from another brokerage? Move $15,000 or more and we'll reimburse you up to $200 for fees they charge.Legal Disclaimer footnote 4 ($500 in fees reimbursed for Royal Circle and Royal Distinction members.Legal Disclaimer footnote 5 )

See the Commissions and Fees Schedule.

[H3]
What if I’m not an RBC client?

GoSmart is currently just for RBC clients using the RBC Mobile app. Not a client of RBC yet? Explore more RBC Accounts (opens in a new window).
You do not need to be an RBC client to open a full-suite Direct Investing account.

[H3]
How is a GoSmart account different from a full-suite RBC Direct Investing account?

GoSmart is a streamlined investing platform that only offers registered accounts in Canadian currency. A full-suite RBC Direct Investing account offers a wider range of investment products, both registered and non-registered accounts, multiple currencies, expanded tools and research geared towards established investors. GoSmart Comparison (opens in a new window).

[H3]
What does it really cost to trade with a GoSmart account?

You can trade for $0. You get unlimited trades on more than 50 select ETFs, plus 50 commission-free trades per year on Canadian and U.S. stocks and ETFs. After that, you pay $9.95 per trade. The RBC Direct Investing Commission and Fees schedule applies to a GoSmart account. Please visit www.rbcdirectinvesting.com/pricing (opens in a new window) for more information.

[H3]
What types of GoSmart accounts are available, and what investment products can I hold in a GoSmart account?

You can open as many registered accounts (RRSP, TFSA, FHSA) as you want. You can trade (buy or sell) U.S. and Canadian stocks and ETFs in your GoSmart account – as long as they are qualified investments.

[H3]
What types of investment products can I hold in a full-suite RBC Direct Investing account?

Choose from stocks, ETFs, GICs, bonds, mutual funds and more when you open a full-suite RBC Direct Investing account.
Note: At this time, certain GICs cannot be purchased, sold or transferred into your FHSA.

[H3]
What are the limitations of GoSmart?

Canadian dollar only. You can trade and hold U.S. listed equities and ETFs but you cannot hold U.S. dollars. If you place a trade for a U.S. denominated security the current foreign exchange conversion rate will be applied.legal disclaimer 6

These investment products and features are not available in a GoSmart account:

Mutual Funds
Fixed Income
Foreign Securities (securities listed outside of Canada and the United States)
Options
Margin

Access to the above is available through a full-suite RBC Direct Investing account.

No transfers-in-kind: you cannot transfer securities to this account; you can transfer cash and securities out.

[H3]
Are GoSmart accounts eligible for the New Client Winter Investment Season 2026 offer?

No, GoSmart accounts are not eligible for the offer.

Legal DisclaimersLegal Disclaimers

Screenshots are for illustration purposes only.

There may be commissions, trailing commissions, investment fund management fees and expenses associated with investment fund and exchange-traded fund (ETF) investments. RBC Direct Investing Inc. does not offer mutual funds that pay trailing commissions in accordance with rule changes banning such payments to order execution only dealers effective June 1, 2022. To the extent that mutual funds paying trailing commissions are transferred into RBC Direct Investing Inc. or were held at RBC Direct Investing Inc. prior to June 1, 2022, and cannot be switched into an equivalent non-trailer paying fund, any trailing commissions paid to RBC Direct Investing Inc. will be rebated to clients. Before investing, please review the applicable fees, expenses and charges relating to the fund as disclosed in the prospectus, fund facts or ETF facts for the fund. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. For money market funds there can be no assurances that the fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the fund will be returned to you.

GoSmart is a service offered by RBC Direct Investing Inc. RBC Direct Investing Inc. and Royal Bank of Canada are separate corporate entities which are affiliated. RBC Direct Investing Inc. is a wholly owned subsidiary of Royal Bank of Canada and is a Member of the Canadian Investment Regulatory Organization and the Canadian Investor Protection Fund. Royal Bank of Canada and certain of its issuers are related to RBC Direct Investing Inc. RBC Direct Investing Inc. does not provide investment advice or recommendations regarding the purchase or sale of any securities. Investors are responsible for their own investment decisions. RBC Direct Investing is a business name used by RBC Direct Investing Inc. ®/™ Trademark(s) of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada. Used under licence. © Royal Bank of Canada 2026.

Legal Disclaimer footnote *

With the “GoSmart $50” offer (the ‘Offer’), you could receive a cash reward of C$50 when you open your first GoSmart Account(s) with RBC Direct Investing.
To qualify, you must -

Open your first GoSmart account(s) with RBC Direct Investing between January 20, 2026, and July 31, 2026, (inclusive) by scanning the QR code for the Offer or following a promotional link for the Offer.
Contribute a minimum of C$500 (Five Hundred Canadian Dollars) to your new GoSmart account(s) before April 2, 2027.
Be a Canadian resident and at least the age of majority in your province/territory at the time of opening your first GoSmart account.

You will receive the C$50 cash reward in your first GoSmart account within 7 (Seven) days of meeting the above qualification criteria. This Offer is exclusively for GoSmart accounts, but may be combined with other RBC Direct Investing promotions. Additional terms and conditions may apply to opening an account with RBC Direct Investing (including a GoSmart Account) which include, without limitation, the requirements set forth in RBC Direct Investing’s Operation of Account Agreement. This Offer may be modified, restricted, withdrawn or extended at any time without notice at the sole discretion of RBC Direct Investing and is subject to the full terms and conditions of the Offer.

Legal Disclaimer footnote 1

The commission fee detailed in the Commission and Fee Schedule as applicable to Stocks and ETFs will be waived for ETFs listed as eligible for commission free trading at the time an order is placed. The list of ETFs eligible for commission-free trading is not guaranteed and may change from time to time. The standard commission fee may be applied to ETFs not listed as eligible for commission-free trading at the time an order is placed. The inclusion or exclusion of any ETF under commission-free trading does not constitute a recommendatio

IDEAL FOR NEW INVESTORS

[IMG: GoSmart]

[IMG: GoSmart]

Account

Commission-free way to invest in a streamlined, mobile-first environment.

[H2] Open a GoSmart Account in the RBC Mobile app

Sign In

Scan the QR code below with your phone

[IMG: Scan QR Code]

[IMG: Download it on the App Store]

[IMG: Get in on Google Play]

IDEAL FOR ESTABLISHED INVESTORS

Full-suite RBC Direct Investing

Complete, full-service investing with more accounts, research and flexibility.

[H2] Open all other RBC Direct Investing Accounts

Select a way to sign in to get started

Select your account status with RBC
RBC Online
Banking

RBC Direct
Investing
Use another
financial institution to sign in

[H2] Open an Account in the RBC Mobile App

Sign in

[H2] Open an Account in the Mobile Browser

Simply sign in to open your account. We'll pre-fill your application with information you have on file. It's quick and easy—and only takes about 10 minutes to complete.

Sign In to RBC Online Banking

Sign
In to RBC Direct Investing

You can open an RBC Direct Investing account online by verifying your
identity through the Interac® verification service.

Continue
Note: Clicking this button redirects your browser based on radio button
selection

View Legal DisclaimersHide Legal Disclaimers

Legal Disclaimer footnote

RBC Mobile is operated by Royal Bank of Canada, RBC Direct Investing Inc. and RBC Dominion Securities Inc.

[IMG: GoSmart by RBC Direct Investing – commission-free self-directed investing for beginners in Canada]

GoSmart is a mobile-first experience available through the RBC Mobile app. To use the app, you need to be an RBC client. For a seamless, instant recurring contribution experience, GoSmart works best with an RBC chequing account. Follow the quick steps below to become a client and to set up your GoSmart account.

Download the RBC Mobile app
Open an RBC banking account
Come back and open a GoSmart account

Get the RBC Mobile App

Scan the QR code below with your phone

[IMG: Scan QR Code]

Or text "GoSmart" to 722722 and we'll send you the link.

Close

[H2] Be More Confident with Every Trade.

Get the tools and research you need to empower and inform your investing decisions.

Open an Account (in-page link)

[H2] Tools in the Spotlight

[IMG: Found on: Online Investing Platform]

[IMG: Found on: Trading Dashboard]

[H3] Real-time streamingLegal Disclaimer footnote 1 quotes

Track stock and ETF prices in-the-moment without having to pay extra.

Learn More about real-time streaming quotes

[IMG: RBC Direct Investing mobile app showing streaming real-time stock and ETF quotes with market depth for Canadian and US markets]

[IMG: Found on: Online Investing Platform]

[H3] Event-driven insightsLegal Disclaimer footnote 2 for your portfolio

Discover how real-world situations and events are impacting your investments.

[IMG: Royal Bank of Canada (TSX: RY) stock quote with real-time streaming data on RBC Direct Investing trading platform]

[IMG: Found on: Online Investing Platform]

[IMG: Found on: Trading Dashboard]

[H3] Pre-market and after-hours trading

Get your hands on up-to-the-minute data, even after the closing bell rings.

Learn More about pre-market and after-hours trading

[IMG: After-hours and pre-market trading tool on RBC Direct Investing showing extended hours order management for US-listed securities]

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[H2] Tools that Empower. Research that Informs.

Learn
and Explore
Find and Validate
Invest and Trade
Track and Manage

[H3] Learn and Explore at Your Own Pace

Take baby steps—or dive right in—with resources that are designed to help you take control. You can even talk to an investment services representative if you have a question or need help getting started.

[H3] Practice Trading Stocks and More

Get comfortable using the Online Investing platform with guest access through a Practice Account. Free for RBC Online Banking and
RBC Direct Investing clients.

See It in Action:
How to Set Up Your Practice Account

[IMG: Start Practising Screenshot]

[IMG: Start Practising Screenshot]

[H3] Build Your Knowledge with Inspired Investor Trade

Get insights to support your decisions and explore the Investing Academy for guides on topics like investing in stocks, options and more.

Check Out Inspired Investor Trade

[IMG: Inspired Investor Screenshot]

[H3] Get Started with the Investor's Toolkit

When you're a new investor, it can be hard to know where to begin. The Investor's Toolkit can help by showing you the basics you need to build your strategy and start investing.

[IMG: Start Practising Screenshot]

[IMG: Inspired Investor Screenshot]

[H3] Watch and Learn

See how to buy a stock on the Online Investing platform, learn how to manage watchlists on the RBC MobileLegal Disclaimer footnote 3
app, and more with educational videos and demos.

[IMG: Inspired Investor Screenshot]

[H3] Find Opportunities and Validate Your Ideas

From analyst-built stock screeners to world-class research, find everything you need to build your portfolio.

[H3] Easily Search Thousands of Investments

Look up a company or stock symbol in the RBC Mobile app. Quickly find stocks, ETFs, mutual funds, GICs, bonds and more using powerful screeners and search tools on the Online Investing platform and Trading Dashboard.

Get analyst-built lists of stocks and more with pre-defined screeners on the Online Investing platform.

Analyze sectors and industries to find companies to invest in on the Online Investing platform.

Easily find GICs, bonds, T-Bills and more on the Online Investing platform.

Search for a company name or stock symbol from the RBC Mobile app.

View new issues to access initial public offerings (IPOs) on the Online Investing platform.

Search for thousands of investments from the Trading Dashboard.

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[IMG: Morningstar Pick Lists Screenshot]

[H3] Inform Your Decisions with Extensive Research

See what analysts are noticing with MorningstarLegal Disclaimer footnote ‡ Pick
Lists, explore analyst upgrades and downgrades from RefinitivLegal Disclaimer footnote ‡
and access expert market commentary from Morningstar and RBC.

[H3] Morningstar Market Commentary

Morningstar's research reports, tools and ratings can help you make informed investment decisions, whether you need to evaluate your choices or understand the performance
of your investments.

Morningstar Pick Lists: Explore investment ideas or build your portfolio with stock-based pick lists and ETF analyst favourites.
Morningstar Ratings: See whether Morningstar rates a stock as overvalued, fairly valued or undervalued or assess a fund’s past performance relative
to its peers.

Morningstar Research Reports: Access Canadian Research Highlights, Stock and ETF Reports, and Editorials by Morningstar investment professionals.

[H3] RBC Market Commentary

RBC draws on a vast global network of investment and research professionals to deliver knowledge and insights that can help inform your investment decisions:

Equity Benchmark Performance Reports: Get a monthly summary of the performance of stock market indices and sub-indices from RBC Capital Markets.
RBC Economics: Access economic updates and forecasts, housing reports, exclusive podcasts and more for Canada, the U.S. and key global markets.
Global Insight Daily: Get reviews of equity, fixed income, commodity and currency markets by analysts and strategists at RBC Capital Markets and RBC
Wealth Management.

Expert Insights and Global Investment Outlook: Find regular articles and quarterly insights provided by senior investment professionals at RBC Global
Asset Management.

[IMG: Morningstar Pick Lists Screenshot]

[H3] Keep an Eye on Investments You’re Interested
in with Watchlists

Track the activity of stocks, ETFs, options and more in up to 40 custom watchlists of up to 100 securities each. Watchlists are available on all three trading platforms so
you can see the action throughout the trading day.

[IMG: Watchlist Screenshot]

[IMG: Email Alert Screenshot]

[H3] Get Stock and Market Alerts on All Your Devices

Set alerts for stock price movements, specific news, Morningstar reports, and events or price changes on certain exchanges—such as the Toronto Stock Exchange (TSX) or New York Stock
Exchange (NYSE).

[IMG: Email Alert Screenshot]

For Advanced Trading

[H3] Identify Trends and Analyze Patterns to Inform Your Stock Trades

Take your trading to another level with technical analysis and advanced charting tools from Trading CentralLegal Disclaimer footnote ‡, FactSetLegal Disclaimer footnote ‡ and S&P Global Market IntelligenceLegal Disclaimer footnote ‡.

Watch Now:
How to Use the Chart Widget (Trading Dashboard)

Spot trends, confirm decisions and more with technical analysis in the Online Investing platform.

Use the Advanced Charting tool in the Online Investing platform to identify trends and patterns.

Set benchmarks, use drawing tools and view overlays and indicators with the Chart widget in the Trading Dashboard.

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[IMG: Start Practising Screenshot]

[H3] Keep Track of Important Dates

Get daily, weekly and monthly views of economic events, earnings dates and dividend dates for investments you’re interested in using the Earnings and Events calendar.

[IMG: Insight News Screenshot]

[H3] Stay on Top of News That Could Impact Your Trading Decisions

Filter on categories like stock markets, earnings and more to see the latest news and headlines on the Online Investing platform. You can also view detailed news on the Trading
Dashboard.

[IMG: Insight News Screenshot]

[H3] Invest and Trade in the Moment

Take action with the real-time data you need to make confident decisions.

For Advanced Trading

[H3] Make Informed Trades with Real-Time StreamingLegal Disclaimer footnote 1
Quotes

At home or on the go, track stock and ETF prices in the moment with
real-time streaming quotes
—without having to pay extra.

[IMG: Invest and Trade Screenshot]

[IMG: Start Practising Screenshot]

For Advanced Trading

[H3] Stay Ahead with Pre-Market and After-Hours Trading

Trading doesn’t have to stop when the markets close. React to the most current market news with
pre-market and after-hours trading, available at no additional cost.

[IMG: Inspired Investor Screenshot]

[H3] Put Your Savings on Auto-Pilot

Set up a pre-authorized contribution (PAC) to your account(s) in any amount you want and then invest that money when you’re ready. Maintain a PAC of at least $100 per
month ($300 per quarter) and
we’ll waive the $25 quarterly maintenance fee.Legal Disclaimer footnote 4

Watch Now:
Setting up Pre-authorized Contributions in Your Account

[IMG: Screenshot]

[IMG: Screenshot]

[H3] Keep Your Money Invested

Automatically
reinvest cash dividendsLegal Disclaimer footnote 5 earned from your equity investmentsLegal Disclaimer footnote 6 on the dividend payment date. No fees or commissions apply.

Automatically roll over your treasury bills when they mature, so your T-Bills keep earning all they can (can be set up from the Online Investing platform only).

[IMG: Screenshot]

[H3] Track and Manage Your Investments

Keep an eye on your investments and your goals on track.

[H3] Get a Snapshot of Your Holdings or Drill Down for Details

View your accounts and holdings in real time, check the status of orders, and choose from a range of options to get details about the holdings in your portfolios.

View your accounts, linked Avion points and exchange rate in the RBC Mobile app.

Quickly view details about your holdings on the Online Investing platform, including intraday activity.

Get an instant overview of your portfolios, alerts and activity on the Trading Dashboard.

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[IMG: Recent Events Screenshot]

[H3] See Recent Events That May Impact the Value of Your Investments

Make informed buy and sell decisions with indicators and trends that are relevant to the securities you hold. Insights include dividend announcements, earnings, 52-week highs/lows and
more.

[IMG: Inspired Investor Screenshot]

[H3] View Your Investment Mix and Monitor Risk with the Portfolio Analyzer

Easily view the mix of investments in your portfolio to check the diversification of your holdings. Also see where your portfolio lands on the risk/return scale and how it fits with your
investor
profile.

[IMG: Start Practising Screenshot]

[IMG: Account performance Screenshot]

[H3] Keep Your Goals on Track with the Account Performance Tool

Easily measure and compare your investment portfolio’s rate of return against various benchmarks to make sure your investment strategy is in line with your long-term objectives.

[IMG: Account performance Screenshot]

[H3] Estimate the Income You Could Get from Your Investments

Get a detailed projection of your future dividend and distribution income based on the historical data and forward estimates of your holdings using the Income Projection tool.

[IMG: Estimate Income Screenshot]

[IMG: Watchlist Screenshot]

[H3] Keep an Eye on Investments You Hold
with Watchlists

Set up watchlists to track the trading activity of your stocks, ETFs, options and other investments and access them anytime from the RBC Mobile app, Online Investing platform and Trading
Dashboard.

See It in Action:
How
to Create and Manage Watchlists in the RBC Mobile app

[IMG: Watchlist Screenshot]

[H3] Set Alerts for Stocks and Other Investments You Hold

Get updates for your stocks, ETFs and mutual funds on your mobile, desktop or tablet. For example, set an alert to know about price changes for a particular stock.

[IMG: Start Practising Screenshot]

[H2] Discover More

Get to Know the RBC Direct
Investing Site

An Overview of the Trading
Dashboard

See More on Inspired Investor

[H2] Compare All Three Trading Platforms

Compare All Three Trading Platforms

Feature
Online Investing Platform
RBC MobileCompare Table Legal Disclaimer footnote 1 app
Trading Dashboard

Features on All Three Platforms

North American Stocks and Options Trading

View and Monitor Your Accounts and Investments

Real-Time QuotesCompare Table Legal Disclaimer footnote 2

Level 2 QuotesCompare Table Legal Disclaimer footnote 3 for Stocks and ETFs

News and Headlines

Watchlists

Fixed-Income Investments Search

Invest and Trade

North American Stocks and Options Trading

Real-Time QuotesCompare Table Legal Disclaimer footnote 2

Real-Time StreamingCompare Table Legal Disclaimer footnote 4 Quotes for Stocks and ETFs

Level 2 QuotesCompare Table Legal Disclaimer footnote 3 for Stocks and ETFs

Trading with Avion Points

Pre-Market and After-Hours Trading

[H2] Accounts and ways to invest that meet all your needs.

Whether you’re new to investing, or an established investor, we have a broad range of account types and investment products for everyone.

Self-Directed Accounts
Investment Products

[H2]
Self-Directed Accounts At a Glance

Get a GoSmart account for new investors, it lets you trade Canadian and U.S. stocks and ETFs in a registered account. Or get a full-suite Direct Investing account for established investors, it offers access to multiple currencies, international trading, advanced platforms, and more in registered and non-registered accounts.

Explore a more detailed comparison between accounts.

[H3]
Registered Accounts

TFSA

GoSmart Available

FHSA

GoSmart Available

RESP

RRSP

GoSmart Available

RRIF

[H3]
Non-Registered Accounts

Cash Account

Margin Account

Business, Trust and Other Accounts

New to investing? Explore in-depth guides in the Investing Academy.

[H2]
Investments At a Glance

Build your portfolio with the investments that are right for you.

Stocks

GoSmart Available

Options

ETFs

GoSmart Available

Mutual Funds

GICs
Bonds

New Issues/IPOs
Gold and Silver Certificates

New to investing? Explore in-depth guides in the Investing Academy.

[H2] Choose from Thousands of Investments

Find everything you need to help grow and protect your money.

GROWTH POTENTIAL

GoSmart Available

[H3] Stocks

Trade exchange-listed Canadian and U.S. stocks, including hundreds of securities eligible for a free dividend reinvestment plan (DRIP).

Explore Stocks

ADVANCED TRADING
[H3] Options

Buy call and put options, write covered calls and, with exception, naked puts.Legal Disclaimer footnote3

Explore Options

BUILT-IN DIVERSIFICATION & LOW FEES

GoSmart Available

[H3] Exchange Traded Funds (ETFs)

Find, research and trade thousands of Canadian and U.S. ETFs.

Explore ETFs

BUILT-IN DIVERSIFICATION
[H3] Mutual Funds

Buy and sell money market, fixed-income, equity, balanced mutual funds and more. Plus, pay no trailing commissionsLegal Disclaimer footnote 5.

Explore Mutual Funds

LOW-RISK FIXED-INCOME
[H3] Guaranteed Investment Certificates (GICs)

Choose from an extensive selection of GICs with competitive rates and a range of terms.

Explore GICs

FIXED-INCOME
[H3] Bonds

Access one of Canada’s largest bond inventories, including government bonds, high yield bonds, strip bondsLegal Disclaimer footnote4 and much more.

Explore Bonds

EARLY ACCESS
[H3] New Issues/Initial Public Offerings (IPOs)

Access new issues when they’re available by speaking with an Investment Services Representative.

PRECIOUS METALS
[H3] Gold and Silver Certificates

Buy and sell gold and silver certificates in U.S. dollars through an Investment Services Representative. (No safe-keeping fees for RBC gold or silver certificates.)

[H2] Save Faster in a Tax-Advantaged Account

Self-directed registered accounts offer unique tax benefits—and put you in control of your investments.

SAVE FOR ANYTHING

GoSmart Available

[H3] Tax-Free Savings Account (TFSA)

Put money away for any goal and pay no taxes on your investment income or withdrawals.Legal Disclaimer footnote1

Explore TFSAs

Open an AccountTFSA

BUY A HOME

GoSmart Available

[H3] First Home Savings Account (FHSA)

Save for your first home and pay no taxes on your investment income or withdrawals.Legal Disclaimer footnote2

Explore FHSAs

Open an AccountFHSA

SAVE FOR RETIREMENT

GoSmart Available

[H3] Registered Retirement Savings Plan (RRSP)

Invest for the retirement you want and receive tax benefits now.

Explore RRSPs

Open an AccountRRSP

RECEIVE INCOME
[H3] Registered Retirement Income Fund (RRIF)

Continue deferring taxes on investment earnings until you withdraw the money to use in retirement.

Explore RRIFs

Open an AccountRRIF

SAVE FOR EDUCATION
[H3] Registered Education Savings Plan (RESP)

Save for a child’s education by deferring taxes on earnings and using government grants.

Explore RESPs

Open an AccountRESP

[H2] Invest and Trade in a Non-Registered Account

With a non-registered account, there is no limit on how much you can contribute, but the income you earn is taxable.

ACCESS YOUR MONEY EASILY
[H3] Cash Account

Invest in a flexible, highly liquid account that lets you access your money when you need it.

Explore Cash Accounts

Open an AccountCash Account

INCREASE YOUR BUYING POWER
[H3] Margin Account

Access additional funds by borrowing against the value of your margin-eligible securities.

Explore Margin Accounts

Open an AccountMargin Account

INVEST FOR AN ORGANIZATION
[H3] Business, Trust and Other Accounts

Manage investments on behalf of a corporation, partnership, holding company or other organization.

Explore Business, Trust and Other Accounts

Open an Account Non-Personal Account (Opens in new window)

[H3] Want to check out the Online Investing platform first?

Open a Practice Account and use the actual platform (not a demo) to experiment with trading stocks and more before committing real money. Free for RBC Royal Bank and RBC Direct Investing clients.

[H2] Investment Accounts FAQs

Registered
Non-Registered
Non-Personal

[H3] What types of GoSmart accounts are available, and what investment products can I hold in a GoSmart account?

You can open as many registered accounts (RRSP, TFSA, FHSA) as you want. You can trade (buy or sell) U.S. and Canadian stocks and ETFs in your GoSmart account – as long as they are qualified investments.

[H3] What types of investment products can I hold in a full-suite RBC Direct Investing registered account?

Choose from stocks, ETFs, GICs, bonds, mutual funds and more when you open a Full-Suite RBC Direct Investing account.

Note: At this time, certain GICs cannot be purchased, sold or transferred into your FHSA.

[H3] What is a TFSA?

A Tax-Free Savings Account (TFSA) is a registered investment plan that lets your earnings (like interest, dividends and capital gains) from qualified investments grow tax-free. Invest for any goal—from a new car to retirement—and never pay any Canadian tax on qualifying withdrawalsLegal Disclaimer footnote1.

Distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders. Dividends are often quoted in terms of the dollar amount each share receives (dividends per share or DPS).

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Profit or loss from the sale of real estate, stocks, mutual funds, and other holdings classified as capital assets under the federal income tax legislation. The tax treatment of capital gains is different from other types of investment income such as dividends and interest income.

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[H3] What is a First Home Savings Account?

A First Home Savings Account (FHSA) is a new type of registered plan that is designed to help Canadians contribute up to $40,000 on a tax-free basis to use towards the purchase of their first home.

[H3] What is an RRSP?

A Registered Retirement Savings Plan (RRSP) is a tax-advantaged registered plan that can help you save for retirement and enjoy tax benefits, now and potentially in the future. RRSP contributions can be used to reduce your income tax in the current year, and any growth and income on your investments in the plan (such as dividends and capital gains) is tax-deferred until withdrawn. The features, benefits and rules for RRSPs are determined by the Government of Canada.

Distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders. Dividends are often quoted in terms of the dollar amount each share receives (dividends per share or DPS).

Close

Profit or loss from the sale of real estate, stocks, mutual funds, and other holdings classified as capital assets under the federal income tax legislation. The tax treatment of capital gains is different from other types of investment income such as dividends and interest income.

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To learn more, check out RRSPs Explained: A Primer for Investors.

[H3] What is a spousal RRSP?

A spousal RRSP is a retirement savings plan that allows one spouse or common-law partner to own the account and the other to contribute to the account. A spousal RRSP allows couples to even out retirement income to minimize income tax.

[H3] Should I invest in an RRSP or TFSA?

A TFSA can be used to save for any purpose—including retirement or short-term goals. A TFSA also lets you earn investment income and capital gains tax-free. You can withdraw funds at any time and you will not be taxed on the withdrawal. With an RRSP, you get a tax deduction for your contributions, making it a tax efficient way to invest for retirement while reducing your current income tax bill. There are contribution limits on a TFSA and RRSP. To find out the exact amount you can contribute for the current year, check your most recent Notice of Assessment from the Canada Revenue Agency (CRA).

Profit or loss from the sale of real estate, stocks, mutual funds, and other holdings classified as capital assets under the federal income tax legislation. The tax treatment of capital gains is different from other types of investment income such as dividends and interest income.

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[H3] What is a RRIF?

A Registered Retirement Income Fund (RRIF) is a registered plan that provides you with income drawn from the investments and savings in your Registered Retirement Savings Plan (RRSP). RRIFs are similar to RRSPs in that they offer multiple investment options, allow for tax-deferred growth of qualified investments and funds are taxable as income when withdrawn. Unlike RRSPs, however, you can't make new contributions to a RRIF—you can only transfer funds from an RRSP or another RRIF.
You can convert your RRSP (or a portion of it) into a RRIF at any age you wish, but you must transfer all your RRSP funds into a retirement income option by December 31 of the year in which you turn 71.
To learn more, check out Understanding RRIFS: What You Need to Know.

[H3] What is an RESP?

Registered Education Savings Plan (RESP) is a tax-advantaged registered plan that lets you save for a child’s post-secondary education and take advantage of government grants to help build their savings even faster. Investment earnings (like interest, dividends and capital gains) grow tax-free until they are withdrawn by the student. The features, benefits and rules for RESPs are determined by the Government of Canada.
To learn more about RESPs, check out Understanding RESPs: The Basics.

Distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders. Dividends are often quoted in terms of the dollar amount each share receives (dividends per share or DPS).

Close

Profit or loss from the sale of real estate, stocks, mutual funds, and other holdings classified as capital assets under the federal income tax legislation. The tax treatment of capital gains is different from other types of investment income such as dividends and interest income.

Close

[H3] What is a cash account?

A cash account is a non-registered investment account that provides easy access to your money. You can choose to open an individual or joint account, depending on your needs.

[H3] What is a margin account?

A margin account is a brokerage account that allows you to borrow money against the investments in your account.
Let's say you purchase stock in a margin account. As the buyer, you pay a portion of the purchase price and the broker lends you the difference. You pay interest on the broker's loan and it holds the security as collateral. Any income or interest earned in your account may be used to help offset the cost of borrowing.
The portion of the purchase price that you pay depends on the security. The outstanding loan value is initially determined using the purchase price of the security. However, from that point on, the outstanding loan value is generally based on the market. This means that every day, as the value of your holdings and cash balance change in your margin account, the amount you are able to borrow against them will vary.
To learn more, check out Understanding Margin Accounts.

[H3] How do I apply for a margin account?

You can open a margin account online or using the RBC Mobile app. You can also apply for margin on an existing investment account by downloading a Margin Agreement Form and an Update/Change of Client Information Form. Once completed, drop off your forms at any RBC Royal Bank branch or mail them to RBC Direct Investing using the address listed below.

Mailing Address:
RBC Direct Investing Inc.
Royal Bank Plaza
200 Bay Street, North Tower
P.O. Box 75
Toronto, Ontario M5J 2Z5

[H3] Why consider a margin account at RBC Direct Investing?

Our margin accounts have competitive interest rates and allow you to borrow against the value of your investments using margin-eligible securities in your account as collateral for the loan. There’s potential for greater returns—and greater losses.

[H3] Why consider a non-personal account at RBC Direct Investing?

RBC Direct Investing can help your organ