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Programs & Offers

 

 

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.    

All bonds are subject to risk, including interest rate risk, credit risk and inflation risk. Investors are responsible for their own investment decisions and should carefully evaluate the risks associated with fixed income investments prior to investing.

$1 per $1,000 Face Value ($24.99 minimum, $250 maximum). Pricing applies to secondary market trades conducted online through Scotia iTRADE only. Minimum commission of $24.99 applies to each trade. Add $65.00 for telephone representative – assisted trades. Foreign exchange fees will be applied to trades involving securities that are denominated in a currency other than the currency of the account in which the trade is placed. Please see Section 1.7 (“Currency Conversion”) in  Scotia iTRADE Relationship Disclosure Document and Terms and Conditions.

Conditions apply. Offer valid for new Scotia iTRADE® accounts, excluding Cash Optimizer Investment accounts, opened by new Scotia iTRADE clients who do not already have an existing account with Scotia iTRADE. If you open one or more NEW Scotia iTRADE account(s) (each, a "New Account") and fund the New Account(s) within 60 days of opening the New Account(s) with at least CAD $1,000 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, (1) the commissions associated with the first 10 online commissionable trades of Equities, Options and ETFs placed within 365 days of the date when you funded your New Account(s) with the Minimum Amount will be credited back to the corresponding New Account within 30 days of each order fill, to a maximum amount of $9.99 per trade in the currency of the account (maximum total commission rebate of $99.90), (2) the amount of the transfer-in fee charged by another Canadian broker will be credited to your New Account (up to $150 per client) subject to Scotia iTRADE's receipt of the documentation evidencing such transfer-in fee. Scotia iTRADE reserves the right to charge you all or part of the commissions associated with the first 10 online trades completed within 365 days of funding your New Account(s) (when such commissions were previously credited back to your New Account(s)) if the conditions of the offer are not complied with. Scotia iTRADE reserves the right to modify and/or cancel this offer at any time without notice in its sole discretion. Clients must enter the promotional code SRPE15 (English) or SRPF15 (French) when submitting the New Account application to qualify. To qualify for this offer, you must satisfy Scotia iTRADE's Canadian residency requirements, have a valid Social Insurance Number, 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 value. 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 free trades.

If you ("Referring Friend") choose to refer our services to your friends (each, a "Referred Friend"), we will indicate in our communication to your Referred Friend that we are contacting the Referred Friend as a result of your referral and that you will be eligible to (i) receive a referral fee of $50 or $100 (depending on the amount funded in the Referred Friend(s)' account(s)) from Scotia iTRADE, credited to your Scotia iTRADE brokerage account or mailed as a cheque to you as described below or (ii), have the commissions associated with your first 10 or 50 trades (depending on the amount funded in the Referred Friend(s)' account(s)), placed within 60 days of the first business day of the calendar month after the account of the Referred Friend is activated and funded with at least $10,000 in net equity), waived by Scotia iTRADE to a maximum of $9.99 per trade in the currency of the account (maximum total amount of waived commissions from this offer is $499.50, maximum number of free trades during any 60-day period is 250 trades) in the event that your eligible and qualifying friend whom you have referred, who does not already have a Scotia iTRADE account and did not have a Scotia iTRADE account in the previous 6 months, chooses to open his/her new Scotia iTRADE account(s) (other than Cash Optimizer Account) within 180 days of the receipt of the referral, funds the account(s) with at least $10,000 in net equity (transfer of assets must come from outside of Scotia iTRADE) within 60 days of opening such account(s) and maintains a minimum balance of $10,000 in net equity in the account(s) for 60 days after funding the account(s). See complete Terms and Conditions.