Broker profile
BMO InvestorLine · Canada · part of BMO
BMO InvestorLine, read next to every account you hold.
What BMO InvestorLine is, what its AI summaries do, what it costs, and how Walnut reads your TFSA, RRSP and other InvestorLine accounts next to your other brokers. Orders stay at BMO.
- Reads TFSA, RRSP and more
- Each holding vs S&P 500
- Login stays at BMO
Your BMO InvestorLine, in Walnut
ConnectedWhat does my RRSP lean on most?
Canadian banks. Three bank stocks together are 38% of the RRSP, and the largest of them is close to a quarter of it on its own.
Pricing and fees, checked October 2026
How much does BMO InvestorLine cost?
- Commission on stocks and ETFs
- $0
- Per options contract, $0 commission
- $0.90
- Options assignment or exercise fee
- $0
- Brokerage account administration fees
- $0
- CIPF coverage on client accounts
- $1M
- AI market summaries refresh about every
- 15 min
AI features
What BMO InvestorLine's own AI does
BMO InvestorLine adds AI News and Market Summaries. Each one works inside InvestorLine, on market news.
AI Market Summaries
Short AI-written synopses of the Canadian and US markets, regenerated about every 15 minutes, under News and Markets.
AI stock news summaries
Summaries of the news on one security, marked positive, neutral or negative by the share of each in the related articles.
Recent News summaries
A rolling AI summary of recent market news under the News tab, with buttons that link back to the source articles.
Where Walnut fits
BMO's summaries cover the market and the news. Walnut reads your own InvestorLine holdings next to Questrade, Wealthsimple or any other broker you connect, puts each one against the S&P 500, and lets you ask about all of it.
Pricing
What BMO InvestorLine costs
BMO's published pricing from September 2026. FX and other fees still apply. Walnut charges nothing to connect.
With Walnut
What you can do with BMO InvestorLine here
- Read every InvestorLine account you linkTFSA, RRSP, FHSA and more, with live prices
- Each holding against the S&P 500Price return over the year, not gain against cost
- A keep, trim or exit readFrom return, momentum and position size
- BMO next to your other brokersAsk about all of it in Walnut, Claude or ChatGPT
- Place orders from WalnutNot at BMO. Orders are placed at BMO InvestorLine
Everything else people ask about BMO InvestorLine, answered plainly.
Short answer
It can be. Since September 2026, BMO InvestorLine charges $0 commission on stock and ETF trades and no brokerage account administration fees, and it offers TFSA, FHSA, RRSP, RESP and RRIF accounts. The Self-Directed service gives no advice; adviceDirect adds advice for an advisory fee.
The move to $0 commissions puts InvestorLine level with Questrade and Wealthsimple on stock and ETF trades. BMO says it is the first direct brokerage owned by one of Canada's five big banks to drop those commissions. Foreign exchange fees and some account and service charges still apply.
What no single broker app shows well is the whole picture when InvestorLine is one account among several. A portfolio-wide read fills that gap: which holdings repeat across your TFSA and RRSP, what the total leans on, and how each one has done against the S&P 500.
Read the full guide: Best brokers for beginners in CanadaShort answer
Client accounts at BMO InvestorLine are covered by CIPF up to $1,000,000 if the firm fails, with separate $1 million limits for retirement and education accounts. CIPF does not cover losses from changing market values.
Connecting BMO InvestorLine to Walnut uses a secure connection where you sign in at BMO. Walnut never sees or stores your BMO password, reads your holdings without placing orders, and you can disconnect from Walnut's Brokerage screen at any time.
$1M
CIPF limit, general accounts and TFSAs
$1M
Separate limit for RRSPs and RRIFs
$1M
Separate limit for RESPs
Short answer
Not through a connector of BMO's own. BMO InvestorLine lists no ChatGPT or Claude connector as of October 2026; its AI is the news and market summaries inside InvestorLine. Walnut connects to it read-only, so you can ask Claude or ChatGPT about your holdings.
BMO's summaries describe the market and the news on a stock. They do not read your portfolio. Walnut reads the account next to your other brokers, frames each holding against the S&P 500, and places no orders at BMO; trades are placed in InvestorLine itself.
Read the full guide: Every way to connect a brokerage to an AI assistantBuying through Walnut works at Public and Robinhood, and at eight other brokers including Questrade, Wealthsimple and E*Trade. BMO InvestorLine reads in full; orders are placed at BMO.
Quick answers
- Does BMO InvestorLine charge commissions?
- Not on stocks and ETFs since September 2026. Options carry $0 commission plus $0.90 a contract, and FX fees still apply.
- What is BMO adviceDirect?
- InvestorLine's fee-based advice service, with digital and human-led recommendations. You still make each decision, and the advisory fee is based on billable assets.
- What are BMO's AI News and Market Summaries?
- AI-written synopses of market news inside InvestorLine, refreshed about every 15 minutes, with sentiment labels on stock news.
- Can Walnut place trades at BMO InvestorLine?
- No. Walnut reads BMO InvestorLine in full and places nothing there. Buying through Walnut works at Public and Robinhood, and at eight other brokers including Questrade, Wealthsimple and E*Trade.
- Does Walnut see my BMO password?
- No. You sign in at BMO, which gives Walnut read access to your accounts and never your login.
- Is connecting BMO InvestorLine to Walnut free?
- Yes. Connecting is free, and so is the assistant up to a per-session allowance. Walnut Unlimited, $9.99 a month on the web, lifts that limit.
Keep reading
Sources, checked October 2026
- BMO newsroom, September 2026: $0 stock and ETF trades from Sept 14, $0.90 options contracts, admin fees eliminated, adviceDirect
- BMO InvestorLine FAQ: AI News and Market Summaries, account types, CIPF up to $1,000,000
- BMO InvestorLine adviceDirect FAQ: AI summaries, digital and human-led advice
- BMO: InvestorLine introduces AI news and market summaries in Canada
- CIPF coverage limits
- Questrade pricing: $0 stocks and ETFs, US equity options
- Wealthsimple self-directed investing: $0 stocks, ETFs and options contracts; account types
Walnut is an AI financial advisor app; it is not a registered investment adviser. Nothing here is a recommendation to buy or sell a security. Broker fees, products and availability change, so check the current terms with the broker.
See BMO InvestorLine next to everything you own.
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