Scotia iTRADE®Easy to trade,invest and get the support you want.
Is it right for me?
At Scotia iTRADE®, we’re committed to helping you achieve your investment goals. With a Scotia iTRADE account, you’ll benefit from low commissions, including preferred pricing of $9.99 for Scotiabank customers†, a choice of trading platforms and exceptional service.
Invest with confidence
Whether you're a new investor or experienced trader, you'll get the tools, education, resources and support you need to confidently trade online.
Stock and Options
|Trades and Assets
+ $1.25 /contract
|30+ trades/quarter or $50,000+ in combined
Scotiabank eligible assets†
+ $1.25 /contract
|Less than $50,000 in combined Scotiabank
+ $1.75 /contract
+ $65 for trades placed with a telephone representative+
A new fee of $3.00 has been introduced for each paper statement, and $2.00 for each paper trade confirmation.
View our entire Commission and Fee Schedule.
Choose from our powerful trading platforms
Manage your investments from your computer or mobile device. All of our platforms offer:
- Fully customizable market data
- Streaming real-time quotes, news and portfolio values
- Advanced charting with in-depth technical indicators
An easy to use platform if you’re new to online investing. By trading with Scotia iTRADE and banking with Scotiabank, you'll get complete banking connectivity so you can see your entire financial picture - borrowing, banking and investing – all on one screen with one sign-on.
Plus, you can enrol for a Scotia iTRADE Practice Account with a fictional portfolio worth $100,000 CAD and $100,000 USD, so you can try our cutting-edge tools risk-free!
- Access most of the features of a regular Scotia iTRADE account, including the latest market research and news
- Hone your skills and build your confidence as a self-directed investor
Empower yourself with the knowledge to make smarter investment decisions whatever your current skill level – novice, intermediate or advanced.
- Learn the basics with our online investing guides, glossaries and videos
- Hone your skills with webinars, interactive learning modules
- Hear from industry experts as they share their knowledge on a multitude of trading and investment topics
How do I trade?
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Fees for U.S. transactions are charged in U.S. dollars. Equity transaction with a principal value of less than $2,000 will be charged either a flat fee of $4.99 per trade, $9.99 per trade or $24.99 per trade, depending upon the pricing tier for which you have qualified. Equity transactions with a share price of $1.00 or less will be charged either a flat fee of $4.99 per trade, $9.99 per trade or $24.99 per trade, depending upon the pricing tier for which you have qualified. Full commission charges apply for each partial fill except when transacted on the same business day. If you place multiple orders for the same stock on the same day, same side of the market and same exchange, these trades will not be abridged and you will be charged a separate commission fee for each trade executed. A single trade confirmation will be issued to you to reflect these trades, and the commission fees charged with respect to each of these executed trades will be aggregated and displayed on the trade confirmation as one aggregate commission fee. Add $65.00 for telephone representative–assisted trades. U.S. Extended-Hours trades executed through the Scotia iTRADE website are charged the equity commissions set out in the pricing tier + ECN Fee of $0.005 per share.
Fees for U.S. options are charged in U.S. dollars. Full commission charges apply for each partial fill except when transacted on the same business day. Full commission charges apply for each order. Full commission charges apply to each side of spread and combination orders. The broker-assisted-equity fee schedule applies to all assignments and exercises. Add $65.00 for telephone representative–assisted trades.
Note: You may have noticed a small transaction fee that appears on your confirmation slip as an "SEC Fee". This fee is always separate from any commissions or other fees you are charged. The SEC charges a fee at a rate equal to $25.70 per million gross of the total dollar amount of securities sold (other than index-based options, bonds, debentures and other evidences of indebtedness). This SEC Fee is only applied to U.S. sell transactions.
To qualify for commissions of $4.99 flat per Canadian or U.S. equities trade and $4.99 + $1.25/contract for each options trade, you must execute at least 150 commission-generating trades within a calendar quarter. To qualify for commissions of $9.99 flat per Canadian or U.S. equities trade and $9.99 + $1.25/contract for each options trade, you must (i) execute at least 30 commission-generating trades within a calendar quarter or (ii) have a minimum of $50,000 in combined Scotia iTRADE account assets or (iii) have a minimum balance of $50,000 within products or accounts held across The Bank of Nova Scotia, Scotia iTRADE, ScotiaMcLeod, The Bank of Nova Scotia Trust Company, 1832 Asset Management L.P., 1832 Asset Management U.S. Inc. and ScotiaMcLeod Financial Services Inc. Eligible accounts and products include the following: Mortgages, Lines of Credit, Credit Cards (Visa/AMEX), chequing and saving accounts, personal loans, investment accounts (TFSA, RRSP, Non-Registered Accounts etc), GICs, mutual funds, non-corporate business accounts. The $50,000 minimum balance will be determined by deposits on file, investments and actual loaned funds. Commission-generating trades are buys and sells of: Equities, Options and Fixed Income Instruments subject to commissions. Buys and Sells of GICs, ETFs and mutual funds that do not generate a commission, Canada Savings Bonds and Provincial Savings Bonds are examples of trades that are not commission-generating. New qualification status will be effective on the same business day the requirement for a specific number of trades or asset value has been satisfied. You will also qualify in the calendar quarter subsequent to the quarter when new qualification status became effective (the "Subsequent Quarter"). If the requirements for a specific number of trades or asset value are satisfied in the Subsequent Quarter, you will retain your qualification status in the quarter following the Subsequent Quarter. Otherwise, you will need to re-qualify after the end of the Subsequent Quarter. Fees for U.S. transactions are charged in U.S. dollars.
Up to 1,000 shares, 3¢/share thereafter.