Open an account

Conditions apply. Offer valid for new Scotia iTRADE® clients and applies to new accounts.

If you
(i) open and enroll in this offer with one or more new Scotia iTRADE account(s) (each, a “New Account”) by April 1, 2024 and fund the New Account(s) by April 30, 2024 with at least the equivalent of  CAD $1,000/$5,000/$25,000/$50,000/$100,000/$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 and

(ii) then maintain the Qualifying Amount in assets that you deposited in your New Account(s) (subject to the Qualifying Amount calculation condition) during the entire period between April 30, 2024 and June 30, 2024

then

CAD $50/$100/$150/$200/$500/$500/$1,200/$2,300/$4,000 (respectively, based on the Qualifying Amount funded, subject to the Qualifying Amount calculation condition) will be deposited directly into your applicable account by July 31, 2024. 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 Account with the equivalent of CAD $1,000 or more by April 30, 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 Account(s) until June 30, 2024. New qualification status will be effective weekly on the earlier of every Monday starting on November 20, 2023 to April 3, 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.

And

If you fund your New Account with the equivalent of CAD $250,000 or more by April 30, 2024  you will also qualify for free access to Trade Pro.  To qualify you must have at least $250,000 in combined Scotia iTRADE account assets. New qualification status will be effective on the 10th business day after the calendar quarter when the requirement for asset value has been satisfied. You will also qualify in the calendar quarter after the quarter when new qualification status became effective (the "Subsequent Quarter"). If the requirements for an asset value are satisfied in the Subsequent Quarter, you will retain your qualification status in the quarter following the Subsequent Quarter. Otherwise, you will need to re-qualify after the end of the Subsequent Quarter

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 November 1, 2023 and June 30, 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,  for the $4.99 commission pricing on stock and ETF trades and for free access to Trade Pro.

New clients opening a new account must enter the promotional code WC24 for the cash and $4.99 stock and ETF commission pricing offer (if applicable) when submitting the New Account application to enroll by April 1, 2024.

Non-personal accounts have to be enrolled separately from personal accounts.

Once you enroll one or more 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 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 April 1, 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,  $4.99 commission pricing and free access to Trade Pro, 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 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.