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Latest News
What is cryptocurrency? And how do you invest in it? Aug 19th
You can’t read a news site, watch a YouTube video or scroll any social media platform without coming across a reference to bitcoin, ethereum or other cryptocurrencies. Maybe your own friends and family members are nattering non-stop about their crypto investments.
Time will tell if crypto is th.... More »
Busting 7 Myths About Your Credit Score May 15th
Your credit score can affect your ability to get a credit card, personal loan, or low-interest mortgage. Everyone knows you should pay your bills on time to keep your credit score healthy. However, some aspects of credit scores can be confusing. Here, we’re busting seven common myths about your c.... More »
Making sense of the markets this week: September 6, 2021 Sep 4th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
The rich get richer as rates go lower
We know that lower rates set by central banks help to stimulate economic growth by providing cheap money. On the flipsi.... More »
The Best Bank Promotions in Canada for New Customers Nov 6th
One of the fastest ways to earn free rewards is by opening a new account with one of Canada’s financial institutions. Most people have heard of someone getting a free iPad or a few hundred dollars cash when they opened a new bank account, but there are many other ways to earn as well, from new cre.... More »
Is an all-weather portfolio the answer to the shortage of “safe” investments? + MORE Oct 27th
For retirees and near retirees, it can sometimes seem like there’s no such thing as a “safe” investment—especially now. Even bonds and bond funds, typically considered the safest of investment—suffered losses in 2021, as interest rates were poised to rise. Now that central banks have said .... More »
Scotia iTrade Review: A Discount Broker for Active Traders
– canadianfinanceblog.com
Every year, advancements in mobile technology are placing the stock market at the fingertips of Canadian investors. In fact, it’s never been easier to invest on your own. One of the best ways to get started is by opening a discount brokerage account. These do-it-yourself trading accounts provide investors with access to thousands of investments, from individual stocks and bonds to mutual funds and ETFs, even precious metals. And in most cases, they do so at a very low cost.
While there is no shortage of discount brokers to choose from, we’re dedicating this space to review an offering from one of Canada’s big banks. Scotia iTrade is owned by Scotiabank, who, way back in 2008, bought Etrade’s Canadian portfolio, before folding it into the Scotia platform.
Scotia iTrade Trading Fees
Standard Scotia iTrade pricing tends to lean towards the higher end, though it is very much in line with the other big bank brokerages. Stock trades begin at $9.99, while active traders making at least 150 trades in a calendar quarter can qualify for $4…
While there is no shortage of discount brokers to choose from, we’re dedicating this space to review an offering from one of Canada’s big banks. Scotia iTrade is owned by Scotiabank, who, way back in 2008, bought Etrade’s Canadian portfolio, before folding it into the Scotia platform.
Scotia iTrade Trading Fees
Standard Scotia iTrade pricing tends to lean towards the higher end, though it is very much in line with the other big bank brokerages. Stock trades begin at $9.99, while active traders making at least 150 trades in a calendar quarter can qualify for $4…