What are the trading fees and commissions for Scotia iTrade?

Scotiabank iTrade, a well-known online brokerage platform, offers a variety of investment options while maintaining a straightforward fee structure. For equity trades, Scotia iTrade generally charges a commission of five dollars per trade for standard transactions, and this can vary depending on the account type or promotions in effect. For options trading, there is typically a base fee that might be around five dollars per trade, along with an additional fee for each contract traded. For mutual funds, Scotia iTrade may not charge a commission on certain funds, but investors should be aware of any management fees associated with those mutual fund options. It is also important to note that Scotia iTrade might impose fees for certain types of accounts or services, such as account maintenance fees for lower account balances or fees related to specific trading features. Furthermore, Scotia iTrade sometimes offers promotional periods during which commission fees might be reduced or waived for new clients or specific types of trades. Investors should check the latest information directly on the Scotia iTrade website to gain a full understanding of any applicable fees, as these can vary based on promotions or specific account types. It is always a good idea to review the current fee schedule and terms to ensure that you have the most accurate and up-to-date information regarding trading fees and commissions.