Save for your future with fewer restrictions.

A non-registered account can play an important role in your overall investment strategy, especially if you’ve maxed out a registered account like your RRSP. While they’re not tax sheltered, non-registered accounts enable you to invest an unlimited amount of money in an array of investments.

What are the benefits of a non-registered account?

  • No contribution limits
  • No withdrawal limits
  • No need to rollover to a RRIF
RRSPs at a glance

Non-registered accounts at a glance

  • Save as much as you want – there are no contribution or withdrawal limits
  • Invest in equities, mutual funds, ETFs, fixed income, exchange traded options and more

How Scotia iTRADE can help?

To help you reach all of your financial goals, Scotia iTRADE offers you a great range of non-registered accounts for you to choose from.

Types of accounts

This account is ideal if you intend to settle your trades with cash. You can withdraw cash from your account at any time. Some considerations:

  • The full amount required for all payments for trade purchases must be in your Scotia iTRADE account
  • Settlement periods vary depending on the securities traded
  • Funds required for the first trade purchase can be easily transferred from any of your banking accounts in to the cash account before the order is placed

With a Scotia iTRADE Margin Account, you can borrow money against investments in your account. For example, if the security qualifies for margin, you could borrow a percentage of the cost to purchase the security at a competitive interest rate.

Please note that minimum equity requirements apply to all Margin Accounts.

This savings account, available in both Canadian and US dollars, enables you to take advantage of higher interest rates2 as you decide when and where to invest. Here’s how:

  • Earn interest on your non-invested cash from the first dollar on any balance, with no minimum balance requirements
  • Enjoy flexibility because you can hold fixed income, fixed income mutual funds, and money market instruments