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Accounts

 
Already have a RSP or TFSA? You can request the opening of a US$ component to your existing RSP or TFSA by simply calling 1-800-465-5463

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TD Direct Investing Accounts & Features

CollapseDirect Trading Account

There are two non-registered accounts to choose from.


Cash Account

  • All payments must be made in cash
  • A wide range of investment choices to diversify your portfolio

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Margin Account

  • Borrow money on the securities you currently own
  • Allows you to act quickly and decisively when opportunities arise
  • Borrow on margin at a competitive interest rate
  • You can also apply for Option Trading and Short Selling

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ExpandRegistered Accounts

These accounts give you both cost-efficient and tax-efficient ways to save for specific goals on a tax-deferred basis.


Self-Directed RSP & RIF 3

  • Benefit from the opportunity to create a tax deferral
  • Consolidated monthly statement
  • Hold a variety of investment types within one account – easier to diversify your holdings
  • We also offer the ability to open a U.S. dollar component of a Self-Directed RSP
    • Convenient and flexible U.S$ trading
    • Receive interest and dividends in the same currency as investments – RSP only
    • Avoid currency conversion requirements when buying and selling U.S. securities – RSP only

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Basic RSP & RIF

  • Low-cost plan designed for those who want to hold popular registered plan investments and/or are new to trading
  • Annual administration fee of only $25 + GST or HST
  • Maintain a minimum balance of $25,000 and don’t pay an administration fee

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Tax-Free Savings Account (TFSA)

  • Pay no tax on the investment income and growth earned
  • Withdraw your money any time1 and pay no tax on withdrawals
  • Contribute up to $5,5002 a year
  • We also offer the ability to open a U.S. dollar component of a TFSA plan.
    • Convenient and flexible U.S. dollar trading
    • Receive interest and dividends in the same currency as investments
    • Avoid currency conversion requirements when buying and selling U.S. securities

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Registered Educations Savings Plan (RESP)4

  • Income earned on contributions can be deferred
  • Accrue investment income while saving for your child's post-secondary education
  • Maintain a balance of $25,000 or more and the $50 annual administration fee is waived

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Registered Disability Savings Plan (RDSP)

  • Long-term savings with no annual contribution limit
  • Flexible withdrawal options
  • Creates savings through deposits and tax-deferred growth
  • Is eligible to receive government assistance — up to $70,000 in grants and if eligible, up to $20,000 in bonds-paid to your account

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Compare Our Registered Accounts

RRSPTFSARESPRDSP
US$ component offeredYesYesNoNo
Contributions are tax deductibleYesNoNoNo
Tax-deferred earningsYesN/AYesYes
Unused contribution room is carried
forward
Yes – until
71 yrs2
YesYesYes
Withdrawals are tax-freeNoYesPartialPartial
Maximum age limit712NoNo591
Withdrawals affect federal income-
tested benefits (i.e., OAS, GIS and EI)
YesNoN/ANo
Spousal account/plan availableYesNoN/AN/A

ExpandPresident’s Account

TD Direct Investing offers this premium brokerage account with exceptional service and benefits. Eligibility depends on trading activity or assets.


President’s Account

  • Eligibility for membership is based on your trading activity or your assets
  • Access to a dedicated and knowledgeable team of President's Account Investment Representatives 24/7
  • Trading activity may qualify you for commission discounts

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ExpandAccount and Service Agreement and Disclosure Documents

The agreements in this booklet apply to all TD Direct Investing accounts, except where otherwise noted.


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