Post by
vonSachsenanhal on Feb 13, 2023 2:13pm
Dumped BMO "No margin on Bombardier" account
Just opened a new margin trading account with RBC and am having all my Bombardier stock transfered out of BMO. This after another call to the BMO 5-Star desk today produced nothing more than blahblah about why they won't give ANY margin on bbd.b. Absurd. Well, you vote with your money and I just did. So long BMO! I also got the RBC special offer of 100 free trades, to boot.
Comment by
Finbarr on Feb 13, 2023 2:47pm
100 free trades? nice and you could not have timed getting into a margin position any better
Comment by
HopefulJuan on Feb 13, 2023 6:16pm
Make sure they credit the right account for the free trades. I switched to RBC and they put the free trades in the TFSA account when I was doing my trading in the RRSP account. Never did get them in the end.
Comment by
trademorestock on Feb 13, 2023 11:55pm
I switched from RBC a year ago to National Bank, they have UNLIMITED free trades and will give me margin of 70% of my BBD shares