Discount brokerage
I use National Bank Direct Brokerage primarily for my ISA and general investment account. The fund selection is extensive, charges are reasonable, and the regular investment feature is perfect for pound-cost averaging. Research section helps me make informed decisions. Only wish their app was a bit more modern.
Pros: Great fund selection, good research, regular investing feature
Cons: App design could be modernized
I was generally happy with National Bank Direct Brokerage until I experienced platform slowdowns during high-volatility market events. Twice I couldn't execute trades when I needed to most. They offered no compensation. For calm market conditions it's fine, but I can't trust it when it matters most.
Pros: Good in normal conditions, nice interface
Cons: Platform unreliable during market volatility
I've tried several brokerages and National Bank Direct Brokerage is by far the best. Execution speed is excellent, the range of instruments is comprehensive, and the trading platform is powerful yet user-friendly. Commission structure is very competitive. Research tools and market analysis are top-notch. Essential for serious traders.
Pros: Fast execution, extensive instruments, great tools
Cons: Learning curve for beginners
As someone who manages a six-figure portfolio, I need a broker I can trust. National Bank Direct Brokerage delivers on all fronts - execution quality, reporting, tax documents, and security. The ISA and pension wrappers are straightforward to use. Transfers from my old broker were handled smoothly. Very satisfied.
Pros: Reliable execution, excellent reporting, smooth transfers
Cons: Minimum deposit could be lower for new investors
National Bank Direct Brokerage has transformed my investing experience. The platform offers everything I need - real-time data, customizable charts, screeners, and portfolio analytics. Commission-free ETF trading is a huge plus. Customer support actually knows what they're talking about. Been using them for 2 years now.
Pros: Comprehensive platform, free ETF trading, knowledgeable support
Cons: Mobile app slightly less functional than desktop
National Bank Direct Brokerage has a great platform with lots of features. However, the fee structure can be confusing and small trades can be expensive relative to the investment amount. For larger portfolios it makes more sense. Customer service is decent but not outstanding. Worth considering if you trade frequently.
Pros: Powerful platform, lots of features
Cons: Fees confusing and expensive for small trades
I've been using National Bank Direct Brokerage for six months. It works for basic stock and ETF investing. The app is okay, execution is fine. Nothing has gone wrong but nothing has particularly impressed me either. Fees are middle of the road. If you're looking for something that just works, it's adequate.
Pros: Does the basics well
Cons: Nothing stands out, average in every way