If you can make dinner for a food critic, you can direct invest.
New clients can get up to $10,000 cash and 50 free trades by opening and funding a new account*.
Check out the new ETFs added to our commission-free list.
Welcome to Scotia iTRADE
See your entire investment picture on one screen, or more
iResearch. iLearn. iEvaluate. iManage. iTRADE.
Enjoy trading with ease on desktop or mobile with Scotia iTRADE.
Rich in educational resources, like in-depth research, analysis tools and market data, and a variety of investment products and account types, all accessible through a single sign-on, Scotia iTRADE is a valuable platform for everyone – from first-time investors to day traders, from entrepreneurs to retirees and anyone else in between.
Awards
Top Online Brokerage - Desktop Experience 2022
Surviscor Canadian Online Brokerage Desktop Experience Review.
SQM’s Call Center Industry Awards of Excellence Program 2022
First Call Resolution Improvement Award.
First Place – Best Personalized Experience 2023
Trading Central Digital Wealth Awards.
Why investors of all levels choose Scotia iTRADE
Multiple ways to save
From commission-free ETFs to investment and banking accounts bundles, Scotia iTRADE offers many ways to save on trading commissions.
Free education resources
Whether you’re a seasoned trader or just starting, you’ll benefit from our online resources, such as videos, webinars, and tools.
Free tools and research
With Scotia iTRADE, you get access to analyst resources, technical analysis, and investing ideas to empower you to direct invest.
Easy funds transfer
Transfer funds easily between any Canadian bank account and Scotia iTRADE account, precisely when and where you want it.
Seamless integration
Transfer funds quickly and seamlessly between the Scotia iTRADE mobile app and the Scotia mobile banking app with a single sign-on.
Account & investment types
Choose from various account types (registered, non-registered and non-personal accounts) and many, many investment products.
Off-the-charts benefits of Scotia iTRADE
3 trading platforms
We offer high-powered, lightning-fast, and reliable online trading platform options.
Security guarantee
We’re invested in security – yours and ours. Clients benefit from the protections offered by Scotiabank’s Online Security Guarantee.
Free webinars
The best traders are always learning. We provide live events and recorded webinars so that you can hone in on your trading skills.
Trade as low as $4.992
Enjoy the benefits of low commissions and an extensive range of products and services to meet your trading and investing needs.
Bill payments
Pay bills directly from your online brokerage account, just like you would from your chequing account.
What you need to open a Scotia iTRADE account
Opening an account is easy and takes about 15 minutes. Our helpful tips below could help make the process easier for you.
Be a Canadian resident and above the age of majority based on your province of residence.
A Social Insurance Number (SIN)
A legible copy of a valid Canadian Government issued photo identification that is not expired.
Important: Name and address on the identification document need to match name and address on the application to prevent account opening delays.
Helpful articles & videos
11 economic terms to better understand the news
Stories or analysis about the economy can sometimes seem like a word soup of jargon. That’s why this episode we’re taking 11 common (and some not-so-common) economic terms and defining them in plain English. From quantitative tightening to stagflation to GDP, Scotiabank Economist Laura Gu returns to help bolster our vocabulary.
Invested: The power of dividend growers in your investment portfolio
Myles Zyblock, Chief Investment Strategist of Scotia Global Asset Management – which manages over $200 billion* for millions of investors in Canada and around the world – explores how dividends serve as a powerful indicator of a company’s financial health, reflecting its ability to generate stable earnings and to outperform its non-paying counterparts.
Invested: The Trillion Dollar Club — How the Magnificent 7 came to dominate the S&P 500
Myles Zyblock, Chief Investment Strategist of Scotia Global Asset Management — which manages over $200 billion* for millions of investors in Canada and around the world — looks at the growth of the ‘Magnificent 7’ group of stocks and addresses concerns that they are overvalued.
Contact us
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By phone
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In Person
Visit a branch nearest to you
Visit
44 King St. West, Toronto, ON
Scotia Plaza (Lower Concourse)
Monday-Friday
(8:30 am -4:30 pm ET)
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.
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.
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.