Scotia iTRADE®
It's every investor's dream.
Trade and direct invest online
Our powerful online trading platform is easy to use, plus you’ll gain access to in depth analysis, research, tips, and much more.
How to open a Scotia iTRADE® account?
Opening an account is easy and takes about 15 minutes. Our helpful tips & checklist below could help make the process easier for you.
How to add funds or transfer money to Scotia iTRADE®?
Transferring funds to Scotia iTRADE® is simple. Explore three options to learn how to add funds from a Scotiabank Account or another financial institution.
How to place a trade on Scotia iTRADE®?
Are you considering placing a trade? You can buy or sell stocks on Scotia iTRADE® by following these simple steps. Understand price types and order types here.
Why Scotia iTRADE®?
Some great reasons to join Scotia iTRADE® today. Scotia iTRADE® is a top rated discount brokerage which offers low cost commissions and innovative technologies for any level of investor.
Manage investments on your own terms.
Our powerful trading platform lets you manage your investments from a computer or mobile device with integrated banking and trading all on one screen.
Invest in yourself.
Scotia iTRADE U® offers a wealth of free educational tools and resources including articles, videos, webinars, and the Knowledge Navigator to help you find the educational path to your direct investing goals.
Achieve your investment goals.
Whatever you’re investing for, Scotia iTRADE® offers an account that will meet – and often exceed – your expectations. Discover Canada’s first sustainable investing tools for direct investors.
Direct investing FAQs
If you
(i) open and enroll in this offer with one or more new Scotia iTRADE account(s) (each, a “New Account”) by August 30, 2024 and fund the New Account(s) by September 30, 2024 with at least the equivalent of CAD $1,000/$5,000/$25,000/$50,000/$250,000/$500,000/$1,000,000/$2,000,000 with net new value in cash or/and assets (cheque deposit, electronic funds transfer or transfer of assets) (“Qualifying Amount”) from an account that is not held at Scotia iTRADE
OR
enroll your existing account(s) in this offer by August 30, 2024 and transfer cash or/and assets (cheque deposit, electronic funds transfer or transfer of assets) with net new value equal to the Qualifying Amount into your existing Scotia iTRADE account(s) from an account that is not held at Scotia iTRADE by September 30, 2024 and
(ii) then maintain the Qualifying Amount in assets/cash that you deposited in your New or Existing Account(s) (subject to the Qualifying Amount calculation condition) during the entire period between September 30, 2024 and December 31, 2024
then
CAD $50/$75/$100/$150/$400/$800/$1,500/$3,500 (respectively, based on the Qualifying Amount funded, subject to the Qualifying Amount calculation condition) will be deposited directly into your applicable account by January 31, 2025. The rebate will be deposited into your non-registered account, and if you don’t have non-registered accounts then into your registered account.
If you fund your New or Existing Account with the equivalent of CAD $5,000 or more by September 30, 2024 and maintain the Qualifying Amount in assets that you deposited in your New or Existing Account(s) (subject to the Qualifying Amount calculation condition) during the entire period between September 30, 2024 and December 31, 2024 then in addition to the cash reward you will also receive commission pricing of $4.99 flat per Canadian or U.S. equities/ ETF trade and $4.99 + $1.25/contract for each options trade in your New or Existing Account(s) until December 31, 2024.
New qualification status will be effective weekly on the earlier of every Monday starting on June 10, 2024 to September 2, 2024 after you satisfy all the eligibility requirements for this offer. If you already qualify for the commission of $4.99 per trade, your entitlement will not be affected by this offer.
Qualifying Amount calculation condition: Qualification will be based on combined net new assets in all eligible accounts held by a client. If you withdraw or transfer out assets from any of your Scotia iTRADE accounts at any time during the period between June 3, 2024 and December 31, 2024, the amounts of such assets will be subtracted from the value of your Qualifying Assets for the purposes of determining your entitlement for the specific tier of cash reward and for the $4.99 commission pricing on stock and ETF trades.
New or existing clients opening a new account must enter the promotional code SUMMERTRADE for the cash and $4.99 stock and ETF commission pricing offer (if applicable) when submitting the New Account application to enroll by August 30, 2024.
Existing clients who fund an existing account must complete the online form at www.scotiaitrade.com/summer24 by August 30, 2024 to enroll and fund their account by September 30, 2024.
Non-personal accounts have to be enrolled separately from personal accounts.
Once you enroll one or more existing/new personal account(s) all your Scotia iTRADE personal accounts will be considered to be enrolled for the purpose of the Qualifying Amount calculation condition. Once you enroll one or more existing/new non-personal account(s) all your Scotia iTRADE non-personal accounts will be considered to be enrolled for the purpose of the Qualifying Amount calculation condition.
Any request to enroll received after August 30, 2024 will not qualify for this promotion. To qualify for this offer, you must maintain all of your accounts at Scotia iTRADE in good standing, not be in a disallowed debit position and not have any outstanding margin calls due. This offer has no cash redemption value. This offer cannot be transferred or combined with StartRight and Affinity offers.
Limited to one offer per client for all such client’s personal accounts and one offer per client for all such client’s non-personal accounts. In case of joint account(s) only the primary account holder will be entitled to receive cash back and $4.99 commission pricing, as applicable.
Scotia iTRADE reserves the right to charge you all or part of the reduction in the rate of commission per trade, if the conditions of the offer, including but not limited to, the requirement to maintain the appropriate Qualifying Amount in your New or existing Account(s) during the Qualifying Period, are not complied with. Scotia iTRADE reserves the right to modify and/or cancel this offer at any time without notice in its sole discretion.