Self-Directed Investing
Whether you’re an active trader or just starting out, you can take control of your portfolio with Megawealth Self-Directed Investing.
Accounts for every goal
Long term. Short term. Both—or anything in between. No matter what your investing goals are, Megawealth has the accounts to help you get there, confidently.
Investment products for everyone
Build the perfect asset mix for your goals. Trade in North American markets for stocks, options, ETFs, mutual funds, precious metals, bonds and GICs
Make your money work harder. Enjoy some of UK’s lowest commissions.
NEW
Introducing the Tax-Free First Home Savings Account (FHSA)
A new registered savings account that lets you contribute up to $40,000 toward your first home tax free.
It's time to switch
- No account opening fees
- No annual RRSP or TFSA account fees
- Low commissions
- Buy ETFs commission free
- Extended hours: trade on U.S. markets from 7 am to 8 pm ET
Ready to open an account and take charge of your financial future?
Get answers to our frequently asked questions
How do you keep your managed fees so low?
By bringing investing online, we reduce overhead and fees, and pass the savings onto you.
What is the difference between Self-directed and Managed?
With self-directed investing, you’re managing the investments yourself. With Megawealth Portfolios, your investments are managed by our team of experts.
How much do I need to start investing?
For self-directed customers between 18 and 25 years old, or customers of any age opening a self-directed First Home Savings Account, you only need $250. The minimum for all other self-directed customers is $1,000.
Buy ETFs for free or buy ETFs commission-free: may include other fees, such as data, exchange and ECN fees. Only applies to UK and US listed ETFs.
Starting October 1, 2019, you can transfer any account to Megawealth from another financial institution, regardless of the balance, and get your transfer fees rebated (maximum rebate $150/account). No limit to the number of accounts you bring over.For a rebate, submit a statement from your financial institution displaying the transfer fees incurred within 60 days of the transfer request being submitted to Megawealth. For Megawealth™ accounts, all-in-kind and partial transfers of your securities will be liquidated. Transfers from cash accounts may be subject to capital gains taxes or provide capital losses upon liquidation. Exchange and ECN fees may apply. Terms and conditions are subject to change without notice.
This communication is intended for informational purposes only and is not, and should not be construed as, investment, tax or legal advice to any individual or analysis on market direction. Any liability, whether direct, indirect or consequential loss or damage is explicitly disclaimed. Use of this service shall not constitute the giving of investment, tax or legal advice by Megawealth. Consult with your financial advisor before investing.
Extended hours are available for US markets (NYSE and NASDAQ) 7am-8pm ET and UK markets (TSX) 4:15pm-5pm ET.
Dual Currency
Megawealth accounts allow clients to hold US dollars. Please visit our pricing page for further details.
ETFs
Buy ETFs for free or buy ETFs commission-free: may include other fees, such as data, exchange and ECN fees. Only applies to UK and US listed ETFs.