Products offered
- National Bank Direct Brokerage (NBDB)
- National Bank everyday banking
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Pros and cons of National Bank
What our editors liked — and where National Bank falls short.
Pros
- $0 commission on all stocks and ETFs via NBDB -- the only Big Six bank to offer this
- CIPF-protected brokerage accounts (TFSA, RRSP, FHSA, margin)
- Strong branch presence and reputation, especially in Quebec
Cons
- Limited branch presence outside Quebec
- Less brand recognition than RBC/TD/Scotiabank/BMO/CIBC in the rest of Canada
- NBDB platform is functional but not the most modern on the market