Commissions and fees


 

 

 

Trades Equities1 Options2
150+ trades/quarter* $4.99 $4.99 + $1.25/contract
Less than 150 trades/quarter $9.99 $9.99 + $1.25/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
Accounts CAD $5 U.S. $5
Cash Optimizer Investment Account 
0.25% 0.25%
Prime Rate 
2.45% 3.25%

Please note: the Canadian dollar prime rate was updated March 30, 2020 and the U.S. dollar prime rate was updated March 16, 2020, and both are subject to change without 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.