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BMO Bank of Montreal Deposit
Rating Index
Pros
Straightforward pricing with a flat fee of $9.95 per trade, making it easy to understand costs.
Advanced tools and resources for active traders, including real-time quotes and market research.
Reliable customer support available during extended hours, enhancing the overall user experience.
Cons
High minimum balance requirement of $5,000 for most accounts, which may deter new investors.
Trading fees are relatively high compared to some competitors, limiting cost-effectiveness for frequent traders.
Additional maintenance fees for accounts with low balances can eat into investment returns.
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