Get $6.99 pricing and $50 cash*
In a world that celebrates going out on your own, there really has never been a better time to get self-started and live life on your own terms. Investing doesn’t have to be intimidating - Let us connect you to educational tools and resources that’ll help you say goodbye to your trading fears and start investing your money with confidence.
Learn about how Brandon, Amy and Tristan got self-started.
Get $6.99 pricing and $50 cash*:
2. Open an account by October 15, 2019 and fund it with a minimum of $2,500 by October 31, 2019
3. Hold your funds in your account until December 31, 2019
4. Get $6.99 per trade commission pricing until March 1, 2020
5. Receive $50 cash by January 31, 2020
Young investor benefits
We’ll waive the low activity account administration fee and the RRSP account administration fee (if applicable) up to and including the year you turn 26 years old†. This is a potential saving of up to $200 annually!Get started, Young investor benefits
Offer valid for the new Scotia iTRADE® accounts, excluding Cash Optimizer Investment accounts. If you did not have a Scotia iTRADE account as of July 31, 2019 and you (i) open one or more NEW Scotia iTRADE account(s) (each, a “New Account”) by October 15, 2019 and fund the New Account(s) by October 31, 2019 with at least CAD $2,500 in cash or in Net Equity (cheque deposit, electronic funds transfer or transfer of assets) ("Minimum Amount"), from an account that is not held at Scotia iTRADE; and (ii) then maintain a Minimum Amount in assets that you deposited in your New Account(s) between October 31, 2019 and December 31, 2019, (1) $50 cash will be deposited directly into your New Account by January 31, 2020; (2) you will be automatically enrolled to qualify for commissions of $6.99 flat per Canadian or U.S. equities/ ETF trade and $6.99 + $1.25/contract for each options trade in your New Account(s) until March 1, 2020. New qualification status will be effective on the earlier of August 19, August 26, September 2, September 9, September 16, September 23, September 30, October 7, October 14, October 21, October 28 and November 1 after you satisfy all the eligibility requirements for this offer. If you transfer at least $25,000 into your New Account(s), the amount of the transfer-in fee charged by another Canadian broker will be credited to your New Account(s) by January 31, 2020 (up to $150 per client) subject to Scotia iTRADE’s receipt of the documentation evidencing such transfer-in fee. Fees for U.S. transactions are charged in U.S. dollars. If you qualify for the commission of $4.99 per trade, your entitlement will not be affected by this offer. To qualify for this offer, you must be eligible to open a Scotia iTRADE account, 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. This offer cannot be transferred or combined with any other promotional offer (excluding Refer-A-Friend). Limited to one offer per client. In case of joint account only one account holder will be entitled to receive $6.99 pricing and cash back. Scotia iTRADE reserves the right to modify and/or cancel this offer at any time without notice in its sole discretion.
The Low Activity Account Administration Fee (“LAAA Fee”) is charged on a per account basis each calendar quarter. This fee will be assessed based on the client’s account balances, trading activity and age at the close of business on each of March 15, June 15, September 15 and December 15 of each year. The LAAA Fee will be waived; i) for new clients who have opened their first account at Scotia iTRADE within the 6 preceding months, ii) for client accounts where at least 1 commission-generating trade was executed in any one or more of client’s 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, v) for clients with total account equity at Scotia iTRADE greater than $10,000, vi) for accounts of clients who have achieved the age of majority but are under 26 years of age at any point during the year for which LAAA Fees are assessed and vii) for Unclaimed Accounts, provided that in each of (i), (ii), (iii), (iv), (v) and (vi), all accounts of the client are fully activated and the client has a valid and current mailing address on file with Scotia iTRADE. With respect to (vi), if applicable, the LAAA Fees will be charged for the year subsequent to the year during which the client turns 26 years of age. Commission-generating trades are buys and sells of: Equities, Options, Mutual Funds subject to commissions, and Fixed Income instruments. Buys and Sells of GICs, ETFs which do not generate a commission, Canada Savings Bonds and Provincial Savings Bonds, are examples of trades that do not generate commissions.
The registered account fee plus applicable taxes is charged on a per account basis each calendar year. This fee will be assessed based on the client's account balances, trade activity and age at the close of business on September 15 of each year. The registered account fee will be waived for accounts of clients; i) who have executed at least 12 commission-generating trades in any one or more of their Scotia iTRADE accounts during the preceding 12 months; ii) with total account equity at Scotia iTRADE greater than $25,000, and iii) who have achieved the age of majority but are under 26 years of age at any point during the year for which the registered account fee is assessed, provided that in each of (i), (ii) and (iii), all accounts of the client are fully activated and the client has a valid and current mailing address on file with Scotia iTRADE. With respect to (iii), if applicable, the registered account fee will be charged for the year subsequent to the year during which the client turns 26 years of age.