Scotia iTrade vs Interactive Brokers

Updated 24th September 2021

Scotia iTrade
Interactive Brokers
Description
Advanced tools and in-depth research to help your investments grow.Advanced trading platform for experienced traders. Access to global markets.
Basics
Account Funding Options
Bank transfer, Electronic funds transfer, Transfer authorization requestBank transfer, BPAY
Advisory Services
NoYes
Apps
Android, iOSAndroid, iOS
Company Founded
19961978
Company Headquarters
Toronto, CanadaNew York, USA
Minimum Age
18 years18 years
Minimum Deposit
$0.00$100.00
Minimum Trade
$0No minimum trade required
Regulator
IIROCASIC, FCA, CFTC, FINRA, SEC
Signup Bonus Gift
NoneNone
Trading
Copy Trading
NoNo
Crypto Trading
NoYes
cTrader Trading
NoNo
ETF Trading
YesYes
Forex Trading
NoYes
Fractional Share Trading
NoYes
Futures Trading
NoYes
International Markets Trading
YesYes
MetaTrader 4 Trading
NoNo
MetaTrader 5 Trading
NoNo
Mutual Funds Trading
YesYes
Options Trading
YesYes
OTCBB / Pink Sheets
NoYes
Paper Trading
YesYes
Penny Stock Trading
YesYes
Social Trading
NoNo
Stock Trading
YesYes
Tradable Assets
Bonds, Equities, ETFs, GICs, New Issues, Mutual Funds, OptionsBonds, ETFs, Futures, Hedge Funds, Mutual Funds, Options, Shares, Spot currencies, US spot gold
Tradable Markets
NASDAQ, NYSE, TSXASX, KSE, LSE, NASDAQ, NYSE, TSE, XETRA and more
Fees
Broker Assisted Trades Fee
$65.00$30.00
Brokerage Fee
$4.99$0.00
Domestic Wire Transfer Fee
$25.00$10.00
ETF Trade Fee
$0.00$0.00
Funds Withdrawal Fee (Partial)
$150.00$10.00
Funds Withdrawal Fee (Full)
$150.00$10.00
International Wire Transfer Fee
$25.00$10.00
Mutual Fund Trade Fee
$0.00$15.00
Options (Base Fee)
$4.99$0.00
Options (Per Contract Fee)
$1.25$0.65
Paper Confirmation Fee
N/AN/A
Paper Statement Fee
$3.00$25.00
Returned Wire Fee
$25.00N/A
Spread
N/AN/A
Stock Certificate Delivery Fee
N/AN/A
Stock Certificate Processing Fee
$100.00N/A
Stock Trade Fee
N/A$0.00
Order types
Order Type (Contingent)
NoYes
Order Type (Limit)
YesYes
Order Type (Market)
YesYes
Order Type (One Cancels The Other)
NoYes
Order Type (One Triggers and One Cancels The Other)
NoNo
Order Type (Stop)
NoYes
Order Type (Trailing Stop)
NoYes
Customer service
24/7 Support
NoYes
Email Support
YesYes
Live Chat Support
NoYes
Phone Support
NoYes