Invest with Scotia iTRADE®
Get up to $3,500 cash and $4.99 stock and ETF commission pricing by opening and funding a new account or funding an existing account*
By August 30 using offer code SUMMERTRADE
Scotia iTRADE® has everything you need to invest in one place. Quick access to real-time market research†, personalized notifications, new mobile app and more... Scotia iTRADE is the stuff investor’s dreams are made of.
To top it all off, now you can take advantage of our offer.
What you need to do
Step 1
Open an account by August 30, 2024 using offer code SUMMERTRADE.
Alternatively, enroll an existing account below.
Step 2
Fund a new or existing account with the qualifying amount by September 30, 2024.
Step 3
Hold your funds in your account until December 31, 2024.
What you will receive
Reduced commission pricing
If you qualify, $4.99 stock and ETF commission pricing will be available until December 31, 2024.
Cash reward
Receive your cash by January 31, 2025.
The more you invest, the more you can receive*.
Qualifying Amount |
Reward |
|
---|---|---|
Cash |
$4.99 commission pricing |
|
$1,000 - $4,999 |
$50 |
- |
$5,000 - $24,999 |
$75 |
✔ |
$25,000 - $49,999 |
$100 |
✔ |
$50,000 - $249,999 |
$150 |
✔ |
$250,000 - $499,999 |
$400 |
✔ |
$500,000 - $999,999 |
$800 |
✔ |
$1,000,000 - $1,999,999 |
$1,500 |
✔ |
$2,000,000 + |
$3,500 |
✔ |
Complete this form to enroll an existing account
You may also complete this form if you would like to be contacted by Scotia iTRADE about this offer. Alternatively, call 1-888-769-3723 (Monday - Friday, 8:30 a.m. - 5:30 p.m. ET).
Exclusive programs and special offers
Commission-free ETFs1
Balance your portfolio by diversifying. Get $0 commission on an extensive selection of ETFs2.
Trade Pro
Advanced, customizable and powerful tools for complete control of your online trading. Trade Pro is a premium online trading platform with powerful tools for equity and options trading so you benefit from complete control, flexibility and in-depth analysis when making your trades and investments.
Conditions apply. Offer valid for new and existing Scotia iTRADE® clients and applies to new and existing accounts.
If you
(i) open and enroll in this offer with one or more new Scotia iTRADE account(s) (each, a “New Account”) by August 30, 2024 and fund the New Account(s) by September 30, 2024 with at least the equivalent of CAD $1,000/$5,000/$25,000/$50,000/$250,000/$500,000/$1,000,000/$2,000,000 with net new value in cash or/and assets (cheque deposit, electronic funds transfer or transfer of assets) (“Qualifying Amount”) from an account that is not held at Scotia iTRADE
OR
enroll your existing account(s) in this offer by August 30, 2024 and transfer cash or/and assets (cheque deposit, electronic funds transfer or transfer of assets) with net new value equal to the Qualifying Amount into your existing Scotia iTRADE account(s) from an account that is not held at Scotia iTRADE by September 30, 2024 and
(ii) then maintain the Qualifying Amount in assets/cash that you deposited in your New or Existing Account(s) (subject to the Qualifying Amount calculation condition) during the entire period between September 30, 2024 and December 31, 2024
then
CAD $50/$75/$100/$150/$400/$800/$1,500/$3,500 (respectively, based on the Qualifying Amount funded, subject to the Qualifying Amount calculation condition) will be deposited directly into your applicable account by January 31, 2025. The rebate will be deposited into your non-registered account, and if you don’t have non-registered accounts then into your registered account.
If you fund your New or Existing Account with the equivalent of CAD $5,000 or more by September 30, 2024 and maintain the Qualifying Amount in assets that you deposited in your New or Existing Account(s) (subject to the Qualifying Amount calculation condition) during the entire period between September 30, 2024 and December 31, 2024 then in addition to the cash reward you will also receive commission pricing of $4.99 flat per Canadian or U.S. equities/ ETF trade and $4.99 + $1.25/contract for each options trade in your New or Existing Account(s) until December 31, 2024.
New qualification status will be effective weekly on the earlier of every Monday starting on June 10, 2024 to September 2, 2024 after you satisfy all the eligibility requirements for this offer. If you already qualify for the commission of $4.99 per trade, your entitlement will not be affected by this offer.
Qualifying Amount calculation condition: Qualification will be based on combined net new assets in all eligible accounts held by a client. If you withdraw or transfer out assets from any of your Scotia iTRADE accounts at any time during the period between June 3, 2024 and December 31, 2024, the amounts of such assets will be subtracted from the value of your Qualifying Assets for the purposes of determining your entitlement for the specific tier of cash reward and for the $4.99 commission pricing on stock and ETF trades.
New or existing clients opening a new account must enter the promotional code SUMMERTRADE for the cash and $4.99 stock and ETF commission pricing offer (if applicable) when submitting the New Account application to enroll by August 30, 2024.
Existing clients who fund an existing account must complete the online form at www.scotiabank.com/summer24 by August 30, 2024 to enroll and fund their account by September 30, 2024.
Non-personal accounts have to be enrolled separately from personal accounts.
Once you enroll one or more existing/new personal account(s) all your Scotia iTRADE personal accounts will be considered to be enrolled for the purpose of the Qualifying Amount calculation condition.
Once you enroll one or more existing/new non-personal account(s) all your Scotia iTRADE non-personal accounts will be considered to be enrolled for the purpose of the Qualifying Amount calculation condition.
Any request to enroll received after August 30, 2024 will not qualify for this promotion. To qualify for this offer, you must 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 StartRight and Affinity offers.
Limited to one offer per client for all such client’s personal accounts and one offer per client for all such client’s non-personal accounts. In case of joint account(s) only the primary account holder will be entitled to receive cash back and $4.99 commission pricing, as applicable.
Scotia iTRADE reserves the right to charge you all or part of the reduction in the rate of commission per trade, if the conditions of the offer, including but not limited to, the requirement to maintain the appropriate Qualifying Amount in your New or existing Account(s) during the Qualifying Period, 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.