Report a scam Find my broker
Brokers  /  RBC

RBC

Low riskStockbroker
🇨🇦 Canada · 5-10 years · since 2020-02-19 · RBC Direct Investing Inc.
This is a stockbroker, not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
CIRO
Visit site ↗
—/5
★★★★★ ★★★★★
0 reviews ›
1
Licenses ›
0
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
10/100
Scam risk ›
0
Clone sites ›
▲ 0% positive▼ 0% negative
Independent ratingshow third parties score this broker
WikiFX6.67/10
Trustpilot—/5
Forex Peace Army—/5
🛡️ Been scammed or can’t withdraw from RBC? Our free assistant writes up your case and shows exactly what to do next →
🇺🇸
RBC operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.
10
Low risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • Authorised by Tier-1 regulator(s): CIRO
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)2510%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameRBC Direct Investing Inc.
Headquarters🇨🇦 Canada
Founded2020-02-19
Years operating5-10 years
Employees0
Official websiterbcdirectinvesting.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods—
Withdrawal methods—
Instruments—
Registered address
155 Wellington Street West RBC Centre, 19th Floor Toronto ON M5V 3K7

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
CIRODerivatives Trading License (EP)Not disclosedCanadaRegulated

Review analysis AI

RBC Direct Investing is a well-regulated Canadian stockbroker under CIRO, with the backing of the Royal Bank of Canada. It does not offer leveraged forex/CFD trading, making it unsuitable for retail forex traders. For its intended audience of self-directed securities investors, it presents low regulatory and financial risk.

Best for
  • Canadian self-directed investors
  • Beginners seeking commission-free trading
  • Clients of RBC banking who want integrated accounts
  • Investors trading Canadian and US stocks and ETFs
Not for
  • Retail forex or CFD traders seeking leveraged currency speculation
  • Traders outside Canada (limited international availability)
  • Investors needing extensive global market access beyond 18 markets
Period:

Real user reviews

Where RBC operates

Active across 42 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇨🇦 Canada Licensed
🇺🇸 United States
🇶🇦 Qatar
🇻🇳 Vietnam
🇫🇷 France
🇮🇳 India
🇪🇸 Spain
🇧🇷 Brazil
🇮🇩 Indonesia
🇮🇹 Italy
🇦🇪 United Arab Emirates
🇲🇽 Mexico
🇺🇦 Ukraine
🇨🇴 Colombia
🇩🇪 Germany
🇹🇭 Thailand
🇹🇷 Turkey
🇵🇹 Portugal

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

Similar brokers

Questrade
Canada · TP 1.2
Guarded ⇄ Compare with RBC
RBC
Canada · TP 4.4
Guarded ⇄ Compare with RBC
Scotia iTRADE
Canada · TP 1.6
Severe ⇄ Compare with RBC
MTFE
Canada · TP 2.2
Severe ⇄ Compare with RBC
What RBC says about itself as stated by the broker · not independently verified by FXCanary

Account Types and Pricing

According to its website, RBC Direct Investing offers two account tiers. The GoSmart account is designed for new investors and provides commission-free trading on stocks and ETFs, with 50 free trades per year and $0 monthly fee. The Standard RBC Direct Investing account charges $9.95 per online or mobile trade for stocks and ETFs, with reduced fees for high-volume traders (150+ trades per quarter). Options are priced at $9.95 plus $1.25 per contract, or $6.95 plus $1.25 for active traders. The broker states there are no account maintenance fees regardless of balance.

Platforms and Tools

The broker claims to support three trading methods: an online platform, a mobile app (RBC Mobile), and a professional trading dashboard. It provides tools such as stock screeners, real-time streaming quotes, income projections, and access to top-tier research. The website highlights that users can trade on all three platforms and access investment services representatives for assistance.

Investment Products and Markets

RBC Direct Investing states it offers a wide range of investment products including stocks, options, ETFs, mutual funds, and bonds. It covers 18 global markets, including Canada and the United States, with additional international exchanges available. The broker also provides access to IPOs and new issues. It mentions over 50 commission-free ETFs, including those exposed to crypto, gold, and silver.

Account Features

The website describes both registered accounts (e.g., TFSA, RRSP) and non-registered accounts (Cash, Margin, Business, Trust). A margin account is available, allowing clients to borrow against eligible securities for increased buying power. Funding can be done via RBC Online Banking, Pre-Authorized Contributions, or Avion points. The broker emphasizes no account maintenance fees and real-time fund transfers for RBC banking clients.

About RBC

Company Overview

RBC Direct Investing is a self-directed investment platform operated by the Royal Bank of Canada, one of the country's largest financial institutions. It was founded in 2020 and is headquartered at 155 Wellington Street West, Toronto, Ontario. The broker is regulated by the Canadian Investment Regulatory Organization (CIRO) under a Derivatives Trading License (EP), placing it within Canada's established regulatory framework.

Regulation and Safety

RBC Direct Investing holds a CIRO license, which is the national self-regulatory organization overseeing investment dealers and trading activity in Canada. This status requires the broker to meet strict capital adequacy, client segregation, and reporting standards. As a subsidiary of Royal Bank of Canada, it also benefits from the financial backing of a major bank. FXCanary's scam risk assessment scores it 10 out of 100, indicating low risk.

Account Types and Pricing

The broker offers two main account categories: a commission-free GoSmart account aimed at new investors and a standard RBC Direct Investing account with more advanced features. The GoSmart account provides 50 free stock and ETF trades per year, with no monthly fee. The standard account charges $9.95 per trade for stocks and ETFs, with lower rates for frequent traders. Options trading incurs a base commission plus per-contract fees.

Platforms and Tools

Clients can trade via an online platform, a mobile app (RBC Mobile), and a professional trading dashboard. The platforms include screening tools, real-time quotes, and research from third-party providers. The mobile app allows for account management and trading on the go, and is integrated with RBC's broader banking services.

Investment Products and Markets

RBC Direct Investing provides access to a broad range of securities including stocks, ETFs, options, mutual funds, and bonds. It covers 18 global markets, with primary focus on Canadian and U.S. exchanges. The broker also offers over 50 commission-free ETFs and the ability to participate in IPOs and new issues.

Target Audience

The platform is designed for self-directed investors, from beginners to experienced traders. The GoSmart account caters to those new to investing, offering a simplified, low-cost entry point. The standard account serves active traders who require access to margin, international trading, and advanced tools.

Overview compiled by FXCanary from regulatory records and public data. full RBC review