Discount brokerage BMO InvestorLine Monday announced a lower flat fee of $9.95 per equity trade for all self-directed clients.
The new fee is not subject to any minimum account balance or trade activity requirements.
In addition, BMO InvestorLine is offering clients $250 cash back and 250 free trades when they invest $100,000 before March 10.
Furthermore, when clients open an additional account they’ll receive an extra $50 cash back and 50 free trades — for a grand total of $300 and 300 free trades.
BMO InvestorLine has also recently launched Traditional Chinese-language websites and is offering Chinese-speaking clients an $88 cash bonus if they open a new BMO InvestorLine account and deposit $25,000 or more up until February 22.