Brokerage investment savings accounts | Page 24 | General comparisons | Discussion forum

Over the years I found that not all brokerage (or their trading platforms) are made equal. I constantly had to call or look for info myself and things change all the time.

Generally I would say:
NBDB allow fair amount of others' ISA (like RBF and DYN, but not F series)
I will not list the RBF 2010,2011,2014,2015 or the DYN 6000,6004,6005.. because it is easy to make a mistake. These tickers can be researched easily and when you use them to buy and sell, make sure they are 100% accurate.

The differences between the D and F ISA or CAD/USD. 0.25/0.15 trailing fees can all be found in this thread.

RBC DI disappoint me because I think they do not even allow their own clients trade the RBF F series. I assume if one can not even buy them in RBC DI, one can not buy anywhere else. also I found RBC DI charge quiet a fee if you buy ISA other than RBF. (so it's not a good option buying DYN here)

Scotia Itrade allow trading of DNY F series. That is a huge plus because you almost never find any funds offering better interest rate than DYN6004.

Then we get to the Questrade and Qtrade, they allow most ISA. Qtrade more than Questrade. Regarding fees, they differ. But all in all, not much.

MG said

Actually, with CIBC Investor's Edge, you can buy several of the HISAs on Norman's list with no commission. I just took a screenshot of what is available. So I have purchased one of the DYN series.
  

Yes they allow you to buy the A series but not the F. But then that is expected.
Or you can buy the CIBC money market fund and if over $100k can get the premium funds for extra yield (due to lower MER)

I have my doubts anyone with a current DIY discount brokerage account would switch to iTrade just for the F series DYN ISAs. 15bp (DYN6004 over DYN6000) is not nearly enough for a brokerage account holder to switch for that specific reason. It may be worth it to access the Cash ETFs as well which pay even higher, but MMFs (money market mutual funds) are highly competitive right now too and many (most?) can be bought through a variety of discount brokerages.

AltaRed said
I have my doubts anyone with a current DIY discount brokerage account would switch to iTrade just for the F series DYN ISAs. 15bp (DYN6004 over DYN6000) is not nearly enough for a brokerage account holder to switch for that specific reason. It may be worth it to access the Cash ETFs as well which pay even higher, but MMFs (money market mutual funds) are highly competitive right now too and many (most?) can be bought through a variety of discount brokerages.  

I agree with " I have my doubts anyone with a current DIY discount brokerage account would switch to iTrade just for the F series DYN ISAs." , AltRed. My scenario is I'm already there. My mission is to replace Itrade because of the new crappy trading platform. What's holding back is the DYN series F's , the self directing GIC section and the crappy app. , Trade pro, still has a few strong points, the Level2 module , which I'm not incurring any fees for its use.
In my opinion, I wouldn't buy the cash / money market ETFs since you have to pay $5 or $10 a trade. Not enough profit margin in it. Unless one intends to hold the ETF for a long periods of time it will accumulate dividends. But in that case I would hold ISA instead or a GIC. This why I have a NBDB account for no fee trades. The down side to NBDB is GIC's. Although you can buy GIC's there , its not online, not even a GIC rate sheet. It's old school. I have call ask for quotes activate over the phone. You can also accomplish this over their internal email system. This is an unnecessary annoyance and inconvenience.

TINA

Norman1 said

HigherRate1 said
…
RBC DI disappoint me because I think they do not even allow their own clients trade the RBF F series. I assume if one can not even buy them in RBC DI, one can not buy anywhere else. …

RBC Investment Savings Account, Series F (RBF2011) seems to available through Scotia iTRADE. The FundSERV symbol is recognized and one can proceed all the way to the confirmation of the buy order.

Some dealers are not willing to accept orders for free. If the Series F offering is not available at RBC Direct Investing, then that just means RBC Direct Investing is not willing to handle the order without receiving a ¼% per annum trailer. That ¼% per annum trailer would be paid to RBC Direct Investing when one holds the Series A offering.  

I tried to find RBF2011 in itrade, but when i entered in RBF, all it suggested was RBF2010 series A

Thanks Norman1,
I followed what you just mentioned and it worked.
Where can you see what the current rate is for example rbf2011, in itrade.

QTrade commentary:

Not only does Qtrade allow for Series F HISA purchase, the fixed income selection is quite extensive as well!

Bond pricing seems to be pretty opaque. While in some cases, the commission rate might look good, the bid/ask spread may not be. Remember that one is buying or selling into the dealer's inventory (not the open market) and they can price it as they see fit. IOW, do not rely on commission rate alone. I no longer buy bonds.