scorcard reviews

Thursday, August 11, 2022

BMO InvestorLine

scorCard Rank:84% - Best Firm Service Level:GOLD Firm
2.5 hours to respond
#5 - 2012 Brokerage CER Rating

scorCard Overview:

After years in the top three of the Online Discount Brokerage Review, BMO InvestorLine is now the Best Online Discount Brokerage Firm in Canada. BMO InvestorLine finished the Q3-2013 scorCard review with three category honours and six sub-category honours. BMO InvestorLine introduced adviceDirect and its main strengths continue to lie in its various selection and planning tools and impressive account opening process. The site features many areas where an investor can use pre-designed tools to determine investment direction including a model portfolios area. Active investors and high asset clients are treated with special commissions and features through the 5-Star program. BMO InvestorLine's $5000 minimum investment to open an account continues to be a major drawback compared to other bank-owned firms.

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