Our Dime - TD Direct Investing Investment Platform Audit

TD Direct Investing

Parent company: The Toronto-Dominion Bank

Investment Platform

Category: Bank discount brokerage

td.com

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True North

80%

Capital: Mixed

Capital: Mixed (profits)

Control: Canada

Control: Canada (decisions)

TD Direct Investing maintains a high level of domestic economic retention due to its integration within a major Canadian financial institution. Its True North score is supported by domestic strategic control and a significant physical operational presence across the country. Capital retention is high but reflects the diluted nature of publicly traded ownership on global exchanges.

Vector Breakdown

Inputs

medium

20 /20

The platform utilizes Canadian-based clearing and custody infrastructure for domestic market transactions.

Capital

Capital (profits)

high

20 /40

The entity is a division of a Canadian publicly traded bank with a globally distributed shareholder base.

Control

Control (decisions)

high

20 /20

Executive leadership and strategic decision-making are headquartered in Toronto, Canada.

Operations

high

20 /20

The platform maintains a significant Canadian operational footprint including support, compliance, and administrative centers.

Forensic Summary

Research Snapshot

Checked: 2026-01-22

Platform name (payload): TD Direct Investing
Official domain: td.com
Canonical Canada URL: https://www.td.com/ca/en/investing/direct-investing

Corporate Footprint

Parent company: The Toronto-Dominion Bank
Headquarters location: Toronto, Ontario

Sources

Parent company

"TD Direct Investing is a division of TD Waterhouse Canada Inc., a subsidiary of The Toronto-Dominion Bank."
Source
Headquarters

"The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group (TD). TD is headquartered in Toronto, Canada."
Source

Canada Availability

Available

Confidence: high

Provinces: National

Available to legal residents of Canada who have reached the age of majority in their province or territory.

Source

"TD Mutual Funds are qualified for sale in the provinces and territories of Canada."

Source

Pricing & Fees

Stock/ETF commission: $9.99
Options contract fee: Unknown
FX conversion fee: Unknown
Account minimum: $0
Management fee: Unknown
Monthly fee: Unknown

Standard commission is $9.99 per trade. A $25 quarterly maintenance fee applies to accounts under $15,000 but can be waived via systematic plans or student status.

Source

"Household accounts^ with total assets of less than $15,000. $25/quarter*. The fee will be waived if... total assets of $15,000 or greater."

Source

Account Types & Access

Account types

Self-directed: Yes

Managed/robo: No

Crypto trading: No

Registered accounts

TFSA

RRSP

FHSA

RESP

RDSP

RRIF

LIRA

Non-registered

Platform access

Mobile app: Yes

Web platform: Yes

Offers a full suite of registered plans including FHSA and RDSP. Crypto exposure is available only through ETFs.

Primary platforms include WebBroker and the TD mobile app; also offers TD Active Trader and TD Easy Trade.

Sources

Account types

"Registered Accounts... Registered Retirement Savings Plan (RRSP). Registered Retirement Income Fund (RRIF). Basic (RRSP/RRIF/LIRA/LRIF/LIF). First Home Savings Account (FHSA)."

Source

Platform access

"developing advanced digital platforms... WebBroker... TD Easy Trade... TD Active Trader."

Source

Investor Protection

CIPF member: Yes

Regulator: CIRO

Regulated by the Canadian Investment Regulatory Organization (CIRO), formerly IIROC.

Source

"Canadian Investor Protection Fund (CIPF) Brochure. ... How CIRO Protects Investors."

Source