Account & Other Fees

Get better value by paying lower administration fees and lower fees for registered and investment accounts. As a valued client, you can look forward to no annual fees for your TFSA, low commission fees and no account transfer-in fees.



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Account transfer in NO FEE
Account transfer out (full or partial) $150.00 per transfer
Account closure fee NO FEE
Safekeeping $50.00 per month/per certificate
RSP / RIF / LIRA / LIF
Aggregate accounts (registered and unregistered) $25,000 and over or 12 commissionable trades or more per year NO FEE
Aggregate accounts (registered and unregistered) less than $25,000 and fewer than 12 commissionable trades per year $100 per year5
U.S.-Friendly RRSP $30.00 per quarter/per registered account4
TFSA NO FEE
RESP
Aggregate accounts (registered and unregistered) $15,000 and over NO FEE
Aggregate accounts (registered and unregistered) less than $15,000 $25 per year5
Full de-registration of plan $125.00
Partial de-registration $50.00 each
Account Research Requests $50.00 per hour
Swaps6 $35.00 per item
Copies of Statements, Confirms, Cheques and Tax Receipts $5.00 per item
CCPC (Canadian Controlled Private Corporations)7
Set-Up fee $300.00
Annual fee (plus Safekeeping Fees if applicable) $100.00
Restricted share transactions1 $400.00 per transaction
Mutual Funds not distributed by Scotia iTRADE $50 per fund per quarter per account
Annual administration fee $60.00
Trustee mortgage annual administration fee $225.00 (pro-rated and charged monthly to the Plan)
Set-up fee $300.00
Account transfer in NO FEE
Account transfer out (full or partial) $150.00 per transfer
Account closure fee NO FEE
Certificate deposit9 $100.00
Certificate withdrawal8
Regular delivery - min. 5 business days $100.00
Rush delivery $300.00
Safekeeping $50.00 per month/per certificate
Account Research Requests $50.00 per hour
Copies of Statements, Confirms or Cheques $5.00 per item
CCPC (Canadian Controlled Private Corporations)7
Set-Up fee $300.00
Annual fee (plus Safekeeping Fees if applicable) $100.00
DAP transactions (Receipt, delivery or exchange of security against or for payment from or to a third party) $75.00 per transaction
Restricted share transactions1 $400.00 per transaction
Low Activity Account Admin Fee2 $25.00 per quarter
Mutual Funds not distributed by Scotia iTRADE $50 per fund per quarter per account

Professional users† are subject to additional market data fees levied by the exchanges. Please contact Scotia iTRADE at if you have questions on professional users or the application of these fees.

Prices listed are in the currency of the applicable exchange or ECN.

NASDAQ Level 1 USD $20.00
NASDAQ Level 2 USD $50.00
NYSE USD $127.25
AMEX USD $30.20
TSX CAD $42.00
TSX Market
Book (Level 2)		 CAD $48.00
TSX Venture CAD $25.00
TSX Venture
Market Book (Level 2)		 CAD $25.00
MX Options Level 1 CAD $35.00
MX Options Level 2 CAD $45.00
Monthly account statement fees – Paper $3.00
Monthly account statement fees – Paperless NO FEE
Trade confirmation fees – Paper $2.00
Trade confirmation fees – Paperless                  NO FEE
All other documents – Paper/Paperless    NO FEE
Wired funds in NO FEE*
Wired funds out – Domestic $25.00
Wired funds out – Foreign (including U.S.) $25.00 + clearing fee
Courier/Overnight mail (upon request) $25.00 (variable outside Canada)
Returned Customer Cheques/Deposits $25.00
Cheque withdrawal fee NO FEE
Trade Re-contracting fee $20.00 plus all currency exchange costs
Late Tender/Re-Org Instructions $125.00 per instance
Stop payment request $25.00
Estate Account processing fee $200.00
Estate Account certificate handling fee $100.00 per certificate
Unclaimed Account Fee3 $60.00 per quarter

Fees or charges (excluding interest or commissions charged) relating to services provided by Scotia iTRADE. will not be imposed or changed without 60 days prior written notice. The above fees are effective as of April 7, 2018.

Note: The above fees do not include applicable taxes. GST, HST and provincial taxes will be charged where applicable.

 Professional User may be one of the following: An employee of a member of any stock exchange or the Investment Industry Regulatory Organization of Canada (IIROC), or of any business registered under any securities law or regulation. An individual or entity trading in the account as a paid agent for a third party. An individual or entity whose account is in the name of a corporation, partnership or sole proprietorship. Delivering institutions may apply certain fees for wire requests. Please contact the institution directly to inquire about their wire fees. Holding or processing of securities subject to legal restrictions on distribution and sale. The Low Activity Account Administration Fee is charged on a per account basis each calendar quarter. This fee will be assessed based on account balances and trade activity at the close of business on each of March 15, June 15, September 15 and December 15 of each year. The Low Activity Account Admin Fee will be waived, i) for new customers opening their first account at Scotia iTRADE during the initial 6 months following account opening, ii) for accounts of customers who have executed at least 1 commission-generating trade in any one or more of their Scotia iTRADE accounts during the preceding 3 months, iii) for Registered Plan accounts (RRSP, RIF, LIRA, LIF, RESP, TFSA), iv) for Cash Optimizer Investment Accounts and v) for customers with aggregate account equity at Scotia iTRADE greater than $10,000, provided that in each of (i), (ii), (iii), (iv) and (v), all accounts of the customer are fully activated and the customer has a valid and current mailing address on file with Scotia iTRADE, and vi) for Unclaimed Accounts. Commission-generating trades are buys and sells of: Equities, Options, Mutual Funds subject to commissions and Fixed Income instruments. Buys and Sells of GIC's, ETFs which do not generate a commission, Canada Savings Bonds and Provincial Savings Bonds are examples of trades that are not commission-generating. The Unclaimed Account Fee is charged on a per account basis each calendar quarter for all accounts (i) that are not fully activated, or (ii) in respect of which Scotia iTRADE does not have a valid and current mailing address on file. This fee will be assessed at the close of business on each of March 15, June 15, September 15 and December 15 of each year. A quarterly fee of $30 (plus applicable taxes) per calendar quarter per registered account will be applied for this account service. This fee will be charged at the beginning of each quarter to each registered account that was enrolled in this service at any time during the previous quarter. For the registered account fee, each client is assessed based on the client's account balances and trade activity at the close of business on September 15 of each year. The registered account fee will be waived for accounts of clients who have executed at least 12 commission-generating trades in any one or more of their Scotia iTRADE accounts during the preceding 12 months and for clients with aggregate account equity at Scotia iTRADE greater than $25,000, provided that all accounts of the client are fully activated and the client has a valid and current mailing address on file with Scotia iTRADE. The 12 trade fee waiver became effective February 2013. The registered account fee plus applicable taxes is charged on a per account basis each calendar year. Where permitted by government regulation. Subject to account minimums. In some cases U.S. and Canadian Depositories may charge an additional fee in their native currency over and above our fee for Certificate withdrawals or DRS Statements in their native currency. The client will be charged any such fees for Certificate withdrawals or DRS Statements in addition to the fees charged by Scotia iTRADE for such services. Foreign exchange fees will be applied to the additional fee charged if they are denominated in a currency other than the currency of the account in which the security is held. All physical security certificates including DRS statements.