With about 48 per cent of Canadians investing regularly, according to an Ipsos poll conducted in February, and more young people learning about the benefits of putting money to work than ever before, the demand for leading-edge trading platforms in terms of efficiency, service and design is reaching a fever pitch.
BMO InvestorLine’s latest enhancements answer the call, offering powerful enhancements for advanced traders. Options enthusiasts will find a new suite of powerful tools including multi-leg order capabilities and real-time streaming quotes. Comprehensive screening and analysis tools, strategy builders, and market research features round out the enhancements, ensuring investors have everything they need to make informed decisions.
The Market Online spoke with Mohamed Lamine Khezihi, Sr. Investment Product Manager, about what investors can expect after the official launch slated for fall of 2024:
TMO: How does the enhanced BMO InvestorLine platform build upon its previous iteration?
Khezihi: The enhanced BMO InvestorLine platform is a leap forward in options trading capabilities. Building upon the platform’s evolution in recent years, this transformation introduces industry-leading tools and capabilities specifically designed to empower options traders.
TMO: Which features do you think will garner the most investor excitement?
Khezihi: We believe features like Multi-Leg Orders, Options Screener, and Strategy Builder will be particularly exciting for traders. We’ve designed them to be intuitive and user-friendly, regardless of your experience level. Whether you’re a seasoned pro or just starting out, you’ll find these tools easy to navigate and adapt to your investing style. By providing these advanced features, the enhanced BMO InvestorLine platform equips options traders with the necessary tools to make well-informed decisions, optimize their investment portfolios, and achieve their financial goals.
TMO: What kind of educational tools can BMO InvestorLine clients expect to help them navigate the world of options trading?
Khezihi: We’ve worked hand-in-hand with industry experts to craft a robust collection of educational materials designed to support our clients’ options trading endeavors. These resources, which include webinars, tutorials, courses, and more, can easily be accessed throughout the platform.
TMO: What sets BMO apart in the landscape of Canadian brokerages?
Khezihi: BMO offers a unique combination of value, transparency, and client-centric service. We’re not just about numbers; we’re about building relationships. Our commitment to transparent communication along with our consistently high scores in client satisfaction and problem resolution, really sets us apart from the competition.
We love hearing from our long-term clients who appreciate our user-friendly platform and the fact that we’re always making improvements. We’re dedicated to meeting our clients’ diverse wealth management needs, and that’s where our comprehensive suite of BMO Online Investing Solutions comes in:
- With BMO InvestorLine Self-Directed, you can enjoy commission-free trading on 95 ETFs*, access industry-leading research, and leverage powerful analysis tools to make informed decisions. Active traders looking for the next level of research and trading experience enjoy free access to BMO Active Trader, our most powerful trading platform yet.
- If you prefer a bit more guidance, BMO InvestorLine adviceDirect offers personalized trading advice, 24/7 portfolio monitoring, and dedicated advisor support.
- And for those seeking professional portfolio management, BMO SmartFolio provides just that, with low fees and complete transparency.
We believe in keeping things simple and straightforward, which is why we have an easy-to-understand fee structure and a seamless experience across all our channels. Whether you’re a seasoned investor or just starting your journey, BMO is here to provide the tools, guidance, and support you need to achieve your financial goals. We’re not just another bank; we’re your partner in success.
Visit BMO Direct Investing to get started.
Join the discussion: Find out what everybody’s saying about BMO Wealth’s new trading platform on the Bank of Montreal Bullboard, and check out Stockhouse’s stock forums and message boards.
This is sponsored content issued on behalf of BMO Wealth, please see full disclaimer here.
This article is prepared as a general source of information and is not intended to provide legal, investment, accounting or tax advice, and should not be relied upon in that regard. If legal or investment advice or other professional assistance is needed, the services of a competent professional should be obtained. Information contained in this article does not constitute and shall not be deemed to constitute advice, an offer to sell/ purchase or as an invitation or solicitation to do so for any entity. The content of this article is based on sources believed to be reliable, but its accuracy cannot be guaranteed. BMO InvestorLine Inc. and its affiliates, sponsors and employees do not accept responsibility for the content and makes no representation as to the accuracy, completeness or reliability of the content and hereby disclaims any liability with regards to the same. Any strategies discussed, including examples using actual securities, quotes and price data, are strictly for illustrative and educational purposes only and are subject to change without notice. BMO InvestorLine Inc. is not responsible for the information provided and disclaims all liability with regards to the same.
BMO InvestorLine Inc. is a member of BMO Financial Group. “BMO (M-bar Roundel symbol)” is a registered trademark of Bank of Montreal, used under licence. BMO InvestorLine Inc. is a wholly owned subsidiary of Bank of Montreal. Member – Canadian Investor Protection Fund and Member of the Canadian Investment Regulatory Organization.
adviceDirect is a product of BMO InvestorLine Inc. adviceDirect does not provide portfolio management by a portfolio manager. The client makes their own investment decisions and manages their own investment portfolio. adviceDirect does not offer discretionary, managed accounts.
BMO SmartFolio is a product of BMO Nesbitt Burns.
*BMO InvestorLine Commission and Fee schedule
(Top photo, generated by AI: Adobe Stock)
