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SC
Scotia iTRADE
Discount broker
Scotiabank's online brokerage. FlightDesk platform for active traders.
Scotia iTRADE is Scotiabank's online brokerage. Its FlightDesk platform is recognized as one of the best for active traders in Canada, with advanced charts and technical analysis tools.
Scotia family ETFs are free to buy, which is a perk for clients who use these products.
- Trades: $9.99 per trade (Scotia ETFs free)
- FX fees: 1.5%
- Accounts: TFSA, RRSP, RESP, FHSA, RRIF, non-registered
- Products: stocks, ETFs, options, bonds, mutual funds, GICs
- Quarterly fee: $25 if under $15K
- Transfer out: $150
A better choice for active traders who are already Scotiabank clients, thanks to FlightDesk. For passive ETF investors, zero-commission brokers remain more attractive.
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Accounts
TFSA
RRSP
FHSA
RESP
IQEE (Quebec)
Non-registered
RRIF
LIRA
Margin
Products
ETFs
Stocks
Options
Crypto
Mutual funds
Bonds
GICs
Savings
Managed portfolios
Forex
Futures
Warrants
Features
Fractional shares
Auto-invest
DRIP
USD account
Options
Crypto
Mutual funds
Bonds / GICs
Savings rates (HISA)
| Account | Rate |
|---|---|
| RRSP | 2.20% |
| Savings | 2.20% |
| TFSA | 2.20% |
GIC Rates
| Term | Rate |
|---|---|
| 6 mo | 2.00% |
| 1 yr | 2.45% |
| 1 yr | 1.90% |
| 18 mo | 2.50% |
| 2 yrs | 2.50% |
| 3 yrs | 2.60% |
| 4 yrs | 2.70% |
| 5 yrs | 2.75% |