Get up to $2,000 cash and $4.99 stock and ETF commission pricing OR up to 500 free stock and ETF trades**.
Many people believe investing is too complicated. Little do they know, they probably already do it!
Whether you dedicate time and money to make improvements to your home, further your education or collect items that could appreciate in value, such as sport memorabilia - you’re investing.
It would be just as easy to start self-direct investing with Scotia iTRADE. Don’t wait any longer and take advantage of our fantastic offer.
What you need to do
Open a new account by April 1, 2022 using offer code C22 for cash and $4.99 stock and ETF commission pricing OR code FT22 for free stock and ETF trades and fund it with the minimum required amount by April 30, 2022.
Hold your funds in your account until July 31, 2022.
What you will receive
If you qualify, $4.99 stock and ETF commission pricing will be available until July 31, 2022.
Receive your cash or commission rebate for free stock and ETF trades by August 31, 2022.
The more you invest, the more you can receive**
|Funding Requirement||Cash + $4.99 pricing||OR||Free Stock and ETF Trades|
|$5,000 - $24,999||$100||20|
|$25,000 - $99,999||$200||100|
|$100,000 - $499,999||$500||300|
|$500,000 - $999,999||$1,000||400|
Do you have any questions?
If you would like to be contacted by Scotia iTRADE about this offer, please complete and submit this form. Alternatively, call 1-888-769-3723 (Monday - Friday, 8:00 a.m. - 8:00 p.m. ET).
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Exclusive programs and special offers
Scotia iTRADE iClub
With two levels of membership, our most highly engaged investors enjoy an array of complimentary benefits, valuable services and exclusive privileges.
Under 25? Discover our Young investors offer.
Save up to $200 annually!1 Benefit from the removal of the low activity account administration fee and the RSP account administration fee from your account(s) up to and including the year you turn 26 years old.
Conditions apply. Offer valid for new and the existing Scotia iTRADE® clients with new or existing accounts, excluding Cash Optimizer Investment accounts. If you (i) open and enroll in this offer one or more new Scotia iTRADE account(s) (each, a “New Account”) by April 1st, 2022 and fund the New Account(s) by April 30th, 2022 with at least CAD $5,000/$25,000/$100,000/$500,000/$1,000,000 in cash or in Net Equity (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 April 1st, 2022 and transfer cash and/or assets with net value equal to the Qualifying Amount into your existing Scotia iTRADE account(s) from an account that is not held at Scotia iTRADE by April 30th, 2022 and (ii) then maintain the Qualifying Amount in assets that you deposited in your New Account(s) or in your existing account(s) (subject to the Qualifying Amount calculation condition) during the entire period between April 30th, 2022 and July 31st, 2022 (the “Qualification Period”) then EITHER (1) CAD $100/$200/$500/$1,000/$2,000 (respectively, based on the Qualifying Amount funded, subject to the Qualifying Amount calculation condition) will be deposited directly into your applicable account(s) by August 31st, 2022 and (2) you will receive $4.99 commission pricing on equity trades until July 31st, 2022 OR part of the commissions associated with the first 20/100/300/400/500 (respectively, based on the Qualifying Amount funded, subject to the Qualifying Amount calculation condition) online commissionable trades of Equities, Options and ETFs placed within 90 days of the date when you funded your New Account(s) or existing account(s) with the appropriate Qualifying Amount will be credited back to your New or existing applicable account(s) by August 31st, 2022 to a maximum amount of $9.99 per trade in the currency of the account. Qualifying Amount calculation condition: If you withdraw or transfer out assets from any of your Scotia iTRADE accounts at any time during Qualification Period, 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 equity trades or for the number of free trades.
If you choose the cash offer and $4.99 commission pricing, you will be automatically enrolled to qualify for commissions 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) or existing account(s) until July 31st, 2022. New qualification status will be effective weekly on the earlier of every Monday starting on December 27th, 2021 to April 4th, 2022 after you satisfy all the eligibility requirements for this offer. If you qualify for the commission of $4.99 per trade, your entitlement will not be affected by this offer.
Scotia iTRADE reserves the right to charge you all or part of (a) the commissions associated with the first 20/100/300/400/500 online trades placed within 90 days of the funding date (when such commissions were previously credited back to you New Account(s) or existing account(s)) and (b) 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) 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. New clients or existing clients opening a new account must enter the promotional code C22 for the cash and $4.99 equity commission pricing offer or FT22 for the free equity trades offer when submitting the New Account application to enroll.
Existing clients who fund an existing account must complete the online form at scotiaitrade.com/winter22ec by April 1st, 2022 to enroll and fund their account by April 30, 2022. Any request to enroll received after April 1st, 2022 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 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 cash back, $4.99 commission pricing or free equity trades.
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.