Invest smarter with ways to save
Special offers and exclusive programs to save you money.
Put more of your investing dollars to work
Scotia iTRADE® is a powerful direct investing platform that gives you the flexibility to trade stocks, ETFs, options and more—whether you're just getting started or already experienced. With competitive pricing and exclusive programs, you can lower your investing costs and keep more of what you earn.
Ways to save
Commission-free ETFs
Find 200+ ETFs1 you can trade with $0 commissions. 2
Free trades with a banking package
Get up to 20 free trades by opening a Scotia iTRADE and select Scotiabank® account. 3
Buck a bond
Choose from a variety of Canadian and U.S. bonds with commission-style pricing at $1 a bond.4
Offers and programs
Unlock additional value with promotions and programs tailored to you.
New to Canada?
New Scotiabank StartRight® clients get 10 free trades when they invest in a new Scotia iTRADE account.5
Young investor pricing
Save up to $200 a year with automatic fee waivers on low activity6 and RSP account7 admin fees until and including the year you turn 26 years old.
Scotia iTRADE iClub
With three membership tiers, our most highly engaged investors enjoy an array of complimentary benefits, valuable services and access exclusivities.
Save with Scotia Wealth Management®
Scotia McLeod®, Private Banking, Scotiatrust® and Scotia Jarislowsky Fraser clients get 10 free trades in the first year, (and 5 free trades every year after) and a complimentary iClub Platinum Membership when you open a Scotia iTRADE account.8
Refer a friend
Refer a friend or family member who is not already a Scotia iTRADE client and you’ll both receive a choice of up to 50 free trades or up to $100 cash.9
Open a Scotia iTRADE account today
Opening an account will take about 15 minutes. Requirements include:
Canadian residency
Age of majority or above in your province of residence
A Social Insurance Number (SIN)
A legible copy of valid Canadian government-issued photo identification. Your name and address must match your application.
Please note: To open a legal entity account, applicants can call 1-888-769-3723 or visit a Scotiabank branch for assistance.
Not sure which account type is right for you?
Learn about all the account types available here.
Learn, plan and invest with confidence
Learning centre
Helpful articles, how-to videos, and planning guides.
Webinar calendar
Live sessions with Q&A and on-demand recordings.
Tools & research
Research reports, stock screeners, and account management tools.
Featured articles
Understanding the stock market
Learn the fundamentals of the stock market, so you can optimize your success.
ETFs vs. stocks
Use our ETF vs. stock guide to distinguish the similarities and differences between ETFs and stocks.
TFSA and RRSP: Key Benefits & Differences
A quick comparison on the key benefits and differences between RRSPs and TFSAs.
1 Please note that this list of Eligible ETFs is subject to change without notice. The links to the ETF issuers’ websites are provided as a convenience only and are not to be construed as investment advice or as a recommendation to buy, sell or hold any particular security or to follow any particular investment strategy. No ETF product, or any information provided by or available through any ETF provider, or through any of their respective websites, has been endorsed, validated or approved by Scotia Capital Inc. or its affiliates, and neither Scotia Capital Inc. nor any of its affiliates is responsible or liable therefore, or for any third-party products, services, opinions, information or prospectus content of any ETF providers. Scotia iTRADE does not provide investment advice or recommendations, and you are responsible for your own investment decisions.
2 Refers to Scotia iTRADE's brokerage commission for online trade execution only. Does not take into account fees, charges, expenses or commissions imposed by the fund companies, all of which can be associated with ETF investments. You should carefully consider the fund's investment objectives, risks, fees, charges, expenses and commissions before investing. The prospectus contains this and other important information about the fund. Please read the prospectus carefully before investing. Funds are not guaranteed; their values change frequently, and past performance may not be repeated. In order to qualify for our "commission-free ETFs" offer ("Eligible ETFs") trades of Eligible ETFs must be placed online or by phone via Teletrader. You will be charged our regular equity commission depending on the pricing tier for which you qualify (see online fee schedule) on the sale of any Eligible ETFs held for less than 1 business day. Add $65.00 for telephone representative-assisted trades. Scotia iTRADE reserves the right to modify or cancel this offer at any time without notice.
3 Account holders who have a Scotia iTRADE account (except for corporate and non-personal Scotia iTRADE accounts) qualify to be credited with the commissions associated with their first 10 online commissionable trades of equities, options, debentures ($24.99 per debenture trade) or ETFs (“Eligible Securities”) placed across all account holder(s)’ Scotia iTRADE accounts within the calendar year when they open the Ultimate Package account. In the second calendar year and thereafter, account holders qualify to be credited with the commissions associated with their first 5 online commissionable trades of Eligible Securities placed across all their Scotia iTRADE accounts during each year. Both the Ultimate Package account and Scotia iTRADE accounts must be in good standing on the last day of every month. Credits will be applied to the account holder’s non-registered Scotia iTRADE account, and, in its absence, to the account holder’s registered Scotia iTRADE account in CAD currency (converted from USD to CAD for trades executed in USD, using the applicable foreign exchange rate) within the first 10 business days of the month following the trades. To be eligible, the primary or joint account holder of the Ultimate Package account can be either the primary or joint account holder of the Scotia iTRADE account. Credits will appear as $4.99 or $9.99 per trade depending on the account trading activity: standard commissions are $9.99, if more than 150 trades are placed per quarter commissions are valued at $4.99 per trade, debenture commissions are valued at $24.99 per trade. Trades executed by a Trading Authority in the Scotia iTRADE account are also eligible. To qualify you must not be in a disallowed debit position in your Scotia iTRADE accounts and not have any outstanding margin calls due in your Scotia iTRADE accounts. No cash redemption value. Free trades are limited to one per client. Only one account holder per each joint Ultimate Package account will be entitled to receive the credits for 10 or 5 free trades, as applicable, into their Scotia iTRADE account.
As of January 1, 2023, new and existing Preferred Package bank account holders who open a new Scotia iTRADE account for the first time qualify for the following benefit:
- Trade one get one free using the Scotia iTRADE Mobile App: Receive a rebate for the commissions incurred for every second eligible commissionable trade placed through the Scotia iTRADE Mobile App (up to a maximum of 20 in the first calendar year, and 10 in the second calendar year and thereafter while the Scotia iTRADE customer is a Preferred Package bank account holder). The rebate relating to options will be applied to base commissions only.
As of January 1, 2023, new and existing Preferred Package bank account holders who have an existing Scotia iTRADE account qualify for the following benefit:
- Trade one get one free using the Scotia iTRADE Mobile App: Receive a rebate for the commissions incurred for every second eligible commissionable trade placed through the Scotia iTRADE Mobile App (up to a maximum of 10 in the first calendar year and thereafter while the Scotia iTRADE customer is a Preferred Package bank account holder). The rebate relating to options will be applied to base commissions only.
Trade one get one free rebates: The rebate will be applied to the account holder’s non-registered Scotia iTRADE account, or in its absence, their registered Scotia iTRADE account, in CAD currency (converted from USD to CAD for trades executed in USD, using the applicable foreign exchange rate) within the first 10 business days of the month following the month that the trades were executed.
Eligibility & Exclusions:
- Eligible commissionable trades include stocks, ETFs, options placed across all Preferred Package account holder(s)’ Scotia iTRADE accounts within the calendar year since the later of January 1, 2023 and the time when a client opens a Scotia iTRADE account.
- Corporate and non-personal Scotia iTRADE accounts are not eligible.
- Joint Preferred Package account holders are collectively entitled to the rebates for the total of the first 10 or 20 (as applicable) eligible trades fulfilled within their Scotia iTRADE accounts as between joint Preferred Package account holders regardless of whether or not such Scotia ITRADE accounts are sole or joint with other people.
- Both the Preferred Package bank account and Scotia iTRADE accounts must be in good standing on the last day of every month.
- The Scotia iTRADE account must not be in a disallowed debit position and must not have any outstanding margin calls due.
- No cash redemption value.
- This offer can be combined with other Scotia iTRADE programs (excluding Student Banking Advantage Plan offer) and campaigns unless otherwise specified. Should free trade rebates be awarded for the other programs and campaigns, those free trades will be applied first until fully consumed before applying Preferred Package free trades rebate.
As of May 26, 2025, new and existing Preferred Package for Students & Youth account holders who have or open a Scotia iTRADE account will receive a waiver of commission on all eligible commissionable trades (up to $9.99 CAD/USD per transaction) (the “Waiver”). The Waiver relating to options will be applied to base commissions only.
Note: it can take up to 10 business days from the date of opening a new Preferred Package for Students & Youth account or Scotia iTRADE account for the Waiver to apply. The Waiver will be applied at the time of trade.
Eligibility & Exclusions:
- Eligible commissionable trades include stocks, ETFs and options (base commission only) placed across all Preferred Package for Students & Youth primary account holder’s Scotia iTRADE accounts after the later of May 26, 2025 and the time when a client opens a Scotia iTRADE account.
- Corporate and non-personal Scotia iTRADE accounts are not eligible.
- Only the primary account holder of a Preferred Package for Students & Youth account and of a Scotia iTRADE account will be entitled to receive the Waiver in their Scotia iTRADE account(s).
- Both the Preferred Package for Students & Youth account and Scotia iTRADE accounts must be open and in good standing on the last day of every month for the Waiver to apply.
- The Scotia iTRADE account must not be in a disallowed debit position and must not have any outstanding margin calls due.
- Preferred Package Students & Youth account holders will not qualify for iClub membership based solely on their trading activity.
- No cash redemption value.
- This offer can be combined with other Scotia iTRADE programs and campaigns unless otherwise specified.
- Must be at least the age of majority in province of residence to open a Scotia iTRADE account.
4 $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.
5 Conditions apply. Scotiabank StartRight® Program is available only for Canadian Permanent Residents from 0-5 years in Canada, International Students and Foreign Workers. 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.
6 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.
7 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.
8 As of October 2, 2023, new and existing clients of Scotiabank® Private Banking, ScotiaMcLeod®, Private Investment Counsel (1832 Asset Management L.P.) and Scotiatrust ® (collectively “Scotia Wealth Management® clients”) who open a new Scotia iTRADE ® account for the first time qualify for both of the following benefits:
- Platinum membership in Scotia iTRADE iClub: i) priority phone line and email inbox; ii) annual administration fees on registered accounts will be waived regardless of the account balance; and iii) free access to Scotia iTRADE active trading platform (Trade Pro)
- Commission rebate for the first 10 commissionable trades: Receive a rebate for the commissions associated with the first 10 online eligible commissionable trades in the first calendar year, and 5 in the second calendar year and thereafter while the Scotia iTRADE client is also a Scotia Wealth Management client. The rebate relating to options will be applied to base commissions only.
As of October 2, 2023, new and existing Scotia Wealth Management clients who have an existing Scotia iTRADE account qualify for both of the following benefits:
- Platinum membership in Scotia iTRADE iClub: i) priority phone line and email inbox; ii) annual administration fees on registered accounts will be waived regardless of the account balance; and iii) free access to our active trading platform (Tradepro)
- Commission rebate for the first 5 commissionable trades : Receive a rebate for the commissions associated with the first 5 online eligible commissionable trade in the first calendar year and each year thereafter while the Scotia iTRADE client is also a Scotia Wealth Management client. The rebate relating to options will be applied to base commissions only.
Free trade rebates:
- The rebate will be applied to the account in which you have placed the trade, in CAD currency (converted from USD to CAD for trades executed in USD, using the applicable foreign exchange rate) within the first 10 business days of the month following the month when the trades were executed.
Platinum membership in Scotia iTRADE iClub:
- The membership will be applied to the account (i) within the first 10 business days of the month following the month when Scotia iTRADE account was opened for the clients with new Scotia iTRADE accounts, (ii) within the first 10 business days of the month following when the first Scotia Wealth Management account is opened for new Scotia Wealth Management clients or (iii) within the first 10 days of the launch of the offer in October 2023 for the existing Scotia iTRADE and Scotia Wealth Management clients.
Eligibility & Exclusions:
· Eligible commissionable trades include stocks, ETFs and options placed across all Scotia Wealth Management client’s Scotia iTRADE accounts within the calendar year since the later of October 2, 2023 or the time when a client opens a new Scotia iTRADE account.
· To be eligible, Scotia Wealth Management client can be either the primary or joint account holder of the Scotia iTRADE account. Credits will appear as $4.99 or $9.99 per trade depending on the account trading activity: standard commissions are $9.99, if more than 150 trades are placed per quarter commissions are valued at $4.99 per trade. Trades executed by a Trading Authority in the Scotia iTRADE account are also eligible. Wealth Bundle offer is limited to one per client.
· Scotia Wealth Management clients must be a primary or joint holder of a Private Banking, ScotiaMcLeod®, Private Investment Council or Scotiatrust® account in good standing on the last business day of the month.
· Scotia iTRADE accounts must be in good standing on the last day of every month and not be in a disallowed debit position and must not have any outstanding margin calls due.
· No cash redemption value.
· This offer can be combined with other Scotia iTRADE offers (excluding Refer-a-Friend and Start Right) unless otherwise specified. Should free trade rebates be awarded in other offers, free trades for this offer will be applied first until fully consumed then free trade rebates will be applied for other offers
· Scotia iTRADE reserves the right to modify and/or cancel this offer at any time without notice in its sole discretion.
· Scotia iTRADE reserves the right to charge you all of commission per trade, if the conditions of the offer, including but not limited to, the requirement to remain Scotia Wealth Management clients are not complied with.
9 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.