Commissions and fees


 

 

 

Trades and Assets Equities1 Options2
150+ trades/quarter* $4.99 $4.99
+ $1.25 /contract
30+ trades/quarter or $50,000+ in combined Scotiabank eligible assets* $9.99 $9.99
+ $1.25 /contract
Less than $50,000 in combined Scotiabank eligible assets* $24.99††
$24.99††
+ $1.75 /contract

+ $65 for trades placed with a telephone representative

Commission Free3 Funds
Placed Online3 $0
Placed by telephone representative3 $65
Fixed Income (Online Secondary Market)4
Placed Online4 $1 per $1,000 Face Value**
($24.99 minimum, $250 maximum)
Placed by telephone representative4 $1 per $1,000 Face Value**
($24.99 minimum, $250 maximum) 
+ $65
Exchange Traded Debentures4
Placed Online4 $1 per $1,000 Face Value**
($24.99 minimum, $250 maximum)
Placed by telephone representative4 $1 per $1,000 Face Value**
($24.99 minimum, $250 maximum) 
+ $65
Under USD $100,000 1/4 of 1% of trade value
Over USD $100,000 1/8 of 1% of trade value
Safekeeping Charges for Certificates Issued by Scotiabank:
Gold US $0.03 per 100 oz per day on first 2,000 ozs.
US $0.02 per 100 oz per day on next 8,000 ozs
US $0.01 per 100 oz per day on any over 10,000 ozs
Minimum $5.00 annually
Silver US $0.05 per 50 ozs per month Minimum $5.00 annually
Accounts CAD $6 U.S. $6
Cash Optimizer Investment Account 
In effect August 22, 2016
0.25% 0.25%
Prime Rate 
As of October 25, 2018
3.95% 5.00%

Please note: The prime rate is subject to change without prior notice.

Debit Balance Margin 
CAD $
Margin 
US $
Premium Rate for iClub Platinum
$0 – $24,999 P + 1.25 P + 1.25
$25,000 – $99,999 P + 1.25 P + 1.25
$100,000+ P + 1.20 P + 1.20
Premium Rate for iClub Gold
$0 – $24,999 P + 1.50 P + 1.50
$25,000 – $99,999 P + 1.45 P + 1.45
$100,000+ P + 1.25 P + 1.25
Standard Rate
$0 – $24,999 P + 1.65 P + 1.65
$25,000 – $99,999 P + 1.60 P + 1.60
$100,000+ P + 1.55 P + 1.55

Debit balances in registered accounts will be charged interest at P + 5.00. Debit balances in non-registered cash accounts will be charged at the same rate as margin accounts.

Scotia iTRADE's interest rates are subject to change at Scotia iTRADE's discretion without prior notice. Margin interest rates were last updated February 22, 2016.