Is there a minimum for Scotia iTRADE?

There is no minimum balance required to open an account at Scotia iTRADE. However, to avoid being charged a Low Activity Account Administration Fee, we encourage you to deposit a minimum balance of at least $10,000.

Can I buy OTC on Scotia iTRADE?

Scotia iTRADE clients can choose from a wide range of stocks. Invest in stocks listed on major North American exchanges or pick from stocks sold over-the-counter in Canada and the U.S.

How do I contact Scotia iTRADE?

Our Customer Service Centre is open five days a week. To reach us by phone, call 1-888-872-3388 8:00 a.m. to 8:00 p.m. ET Monday to Friday, or email us at [email protected].

Does it cost money to open an iTRADE account?

To open an account, all account applicants will need: A minimum of $100 available to deposit. A Government issued ID.

How do I access my Scotia iTRADE account?

Log on password – To obtain your Scotia iTRADE log on password: Visit www.scotiaitrade.com. Select “First Time Logging On – Register Now”. You will be asked to verify your identify and then you may select your password.

How much does Scotia itrade cost?

You can execute trades at $9.99 with Scotia iTrade. If you execute more than 150 trades per quarter, that price drops to $4.99. These prices apply to equities only.

What is itrade®?

Scotia iTRADE® (Order-Execution Only Accounts) is a division of Scotia Capital Inc. (“SCI”). SCI is a member of the Investment Industry Regulatory Organization of Canada and the Canadian Investor Protection Fund.

What are Scotia itrade’s interest rates for margin accounts?

Debit balances in non-registered cash accounts will be charged at the same rate as margin accounts. Scotia iTRADE’s interest rates are subject to change at Scotia iTRADE’s discretion without prior notice. Margin interest rates were last updated February 22, 2016. Debit balances in registered accounts will be charged interest at P + 5.00.

Can I transfer non-ARM’s length mortgages to a Scotia itrade account?

If you transfer your assets in-kind to a Scotia iTRADE account from an account at another investment dealer, no non-arm’s length mortgages can be transferred into a Scotia iTRADE account. Holding or processing of securities subject to legal restrictions on distribution and sale.