Pricing & Fees

Our competitive pricing is simple and clear, with no hidden fees. Whether you’re a new or active investor, you’ll receive value for all your investing needs. 

Commissions & fees

Stocks***, ETFs and options

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

Mutual funds

Buy, Sell & Switch Orders3

Placed Online3

 $9.99

+ $65 for trades placed with a telephone representative

High Interest Savings Account & Money Market Funds $0

Fixed income securities

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

Interest rates† 

AccountsCAD $5U.S. $5
Cash Optimizer Investment Account0.25%0.25%
Prime Rate6.45%8.50%
  • Please note: The Canadian & U.S. dollar prime rates were updated on September 5th, 2024 and July 27th, 2023 and both are subject to change without notice.
  • Cash Optimizer Investment Account rates applies to existing clients only
    • The Cash Optimizer Investment Account is not available to open for new clients
Debit balanceMargin 
CAD $
Margin 
US $
Premium Rate for iClub Platinum
$0 – $24,999P + 1.25P + 1.25
$25,000 – $99,999P + 1.25P + 1.25
$100,000+P + 1.20P + 1.20
Premium Rate for iClub Gold
$0 – $24,999P + 1.50P + 1.50
$25,000 – $99,999P + 1.45P + 1.45
$100,000+P + 1.25P + 1.25
Standard Rate
$0 – $24,999P + 1.65P + 1.65
$25,000 – $99,999P + 1.60P + 1.60
$100,000+P + 1.55P + 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.

There is no interest paid on cash balances in any Scotia iTRADE accounts other than in Cash Optimizer Investment Accounts.

Scotia iTRADE's interest rates are subject to change at Scotia iTRADE's discretion without prior notice.