RBC Direct Investing announced the launch of Practice Accounts last week, the first integrated offering of its kind by a Canadian self-directed brokerage.

Available to RBC Online Banking and RBC Direct Investing clients, Practice Accounts will allow Canadians to buy and sell a wide range of investments with $100,000 of no-risk “practice money.” The quick and easy activation of a Practice Account provides an opportunity to test-drive RBC Direct Investing’s online site and experience real investing without using real money.

“Practice Accounts are a powerful new feature that provides online investors with the opportunity to hone their investing skills so they can make informed and confident decisions,” said Jason Storsley, president and CEO, RBC Direct Investing. “Whether you are an experienced investor or just getting started, you can use Practice Accounts to experiment with investing strategies without risking your money.”

RBC Online Banking or RBC Direct Investing clients can activate a Practice Account in a matter of minutes by following a few quick steps online. The accounts are integrated into the RBC Direct Investing online site, with convenient access to tools and learning resources. With $100,000 in no-risk “practice money”, investors will learn how to enter orders, create and track a mock portfolio online and explore investing strategies before putting real money on the line. Investors can choose from a variety of Practice Accounts.

For more information about Practice Accounts visit rbcdirectinvesting.com/practice.