Direct Trading Account
Should I Open a Self-Directed RRSP Account with E-Trade?
I had one with CIBC but decided to close because of the 80$ fees/year and high transaction fees (25$ or 28$ for limit).
One thing that bothers me with E-Trade is the company is not doing very well, judging by the stock and public opinion.
Thanks
I cashed out all my money so i have 0$ balance in my CIBC RRSP account.
so i am thinking of closing this account very soon so i dont get hit with maintenance fees. and possibly opening a new one with ETrade.
Did you cash out your CIBC RSP or did you transfer it somewhere else? Most FIs waive the fees if you maintain a certain balance in the account. Another balance threshold gets you reduced commissions.
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