Desjardins Online Brokerage Review 2023

Updated December 13, 2022

Quick Info

  • Standard Equity Commission
  • Best Commission Price
  • Minimum to Open Account
  • Maintenance/Inactivity Fees
  • Commission-free ETF Trading
  • Young Investor Offer
    Yes (Ages: 18-30)


3.0/5 (4)

As one of Canada’s earliest discount brokerages, Desjardins Online Brokerage (also known as Disnat) is a subsidiary of the Desjardins Group. Although they may be better known to investors in Quebec and Ontario, Desjardins Online Brokerage has been active in Western Canada in the past several years under the Disnat banner. In terms of direct brokerage services, Disnat offers two service choices for clients: Disnat Classic or Disnat Direct.

The primary difference between the two services is the activity level of the client. Disnat Classic is geared toward less-active investors, whereas Disnat Direct is structured around active investors and traders. As a result, the types of platforms, pricing, and tools offered for each service are understandably different.

Desjardins Online Brokerage Full Review

What Account Types does Desjardins Online Brokerage offer?


    Registered Accounts

    Non-Registered Accounts

Account Fees & Requirements for Desjardins Online Brokerage


    Registered Accounts

    Non-Registered Accounts

Trading Commissions & Fees provided by Desjardins Online Brokerage


Desjardins Online Brokerage Rankings & Reviews for 2023

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What do people think of Desjardins Online Brokerage?

You should check out Desjardins Online Brokerage - you can hold both CAD & USD and there's no commission for buying/selling stocks and ETFs.
"*Commission received from the Issuer: Desjardins Online Brokerage will receive from the issuer a remuneration of $2.00 for each note sold (equivalent to 2.00% of the principal amount).*" The 2.5% is the early trading charge. There are a couple of ways to have non-redeemable GICs released.
From Globe & Mail's onine brokerage rankings... Can you buy high-interest savings ETFs? These popular exchange-traded funds offer a way to park cash in your investment account and earn better returns than in other havens. Ticker symbols include PSA-TSX and CSAV-TSX. Expect to pay brokerage commissions to buy and/or sell. **BMO InvestorLine - No** CIBC Investor's Edge - Yes Desjardins Online Brokerage - Yes HSBC InvestDirect - Yes Interactive Brokers - Yes National Bank Direct Brokerage - Yes Qtrade Investor - Yes Questrade - Yes **RBC Direct Investing - No** Scotia iTrade - Yes **TD Direct Investing - No** Virtual Brokers - Yes
Desjardins online brokerage
*Desjardins Online Brokerage...* kidding, IBKR.
Desjardins Online Brokerage is also offering Zero commission, so they are not alone with 0 commission, they have competition, I hope that this will discourage NBDB from implementing this. In my opinion, NBDB should automate the process instead of charging us the cost of the operation.
Desjardins online brokerage. You can look into National Bank as well.
to help you out, here is a list of every single Order-Execution-Only platform in Canada: 1. CIBC Investor's Edge 2. BMO InvestorLine 3. National Bank Direct Investing 4. TD Direct Investing 5. Scotia iTrade 6. RBC Direct Investing 7. Canaccord Direct 8. Wealthsimple Trade 9. Qtrade Investor 10. Questrade 11. Disnat 12. Interactive Brokers 13. Virtual Brokers 14. HSBC Direct Investing 15. Desjardins Online Brokerage 16. Laurentian Bank Discount Brokerage
No link to survey yet, rankings below. < Surviscor said investors should be aware that a trading fee of zero may not tell the whole story. “Simply put, there is no free lunch in life and if there is no commission cost, then there are fees being made somewhere else,” it said in a release.   < <Brokerages offering no-fee trading to some of their clients are likely making up for it with higher foreign exchange rates, delayed market data or by sending trades to order-flow providers that may not provide the best execution price, it said. As an example of the importance of real-time market data, it cited this spring’s frenzy in trading of GameStop Corp. shares, saying a 15-minute delay in the share price displayed to an investor “could have meant hundreds of dollars in price changes” and easily cost an investor many times more than a typical trading fee * National Bank Discount Brokerage: 92 per cent * Wealthsimple Trade: 85 per cent * Desjardins Online Brokerage: 82 per cent * HSBC InvestDirect: 76 per cent * CIBC Investor’s Edge: 75 per cent * Qtrade Direct Investing: 60 per cent * RBC Direct Investing: 53 per cent * Scotia iTrade: 53 per cent * Laurentian Bank Discount Brokerage: 53 per cent * TD Direct Investing: 53 per cent * BMO InvestorLine: 52 per cent * Virtual Brokers: 50 per cent * Questrade: 45 per cent * Canaccord Genuity Direct: 42 per cent * Interactive Brokers: 25 per cent
It got a bit worse with Desjardins (online brokerage). I do understand though-there was a boom in online investing and they were having issues properly staffing their call center.
Yes there is: Trade zero if you are anywhere in Canada except Ontario...they do not accept Ontario residents. Tradezero is pdt rule at all for margin accounts, check out the website to see for yourself Venom trading (need 5k minimum to open account) this is the subsidiary of cobra trading well known to day traders but minimum for cobra is 30k I believe so venom is catered to smaller accounts. Disnat - Desjardins online brokerage (very cheap commissions if you actively trade) i think $0.75 per trade, please check website
Man, That's frustrating. Thanks anyways. There goes the CIBC idea. Do you know anything about desjardins online brokerage? $1.25/contract (min $8.75)