Tag: Desjardins

Desjardins Bank

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Discount Brokerage Weekly Round Up – Nov. 23rd 2012

This week the biggest news for discount brokerages came in the form of the 2012 Globe and Mail Canadian discount brokerage rankings.  Rob Carrick’s annual survey of the Canadian discount brokerage industry looked at 12 firms this year. The top spot went to Virtual Brokers which narrowly edged out the six year champ, Qtrade while the bottom ranking company was HSBC InvestDirect.  The average score (out of 100) was 61.2% (with a standard deviation of 10.0 for those who mind the stats).   What was interesting about looking at the stats was how most of the companies performed about the same (statistically speaking) except for Virtual Brokers and Qtrade.  What this means for self-directed investors is that the difference between 3rd and 12th is not that significant and that even 1st and 2nd are only slightly more distinguishable than the rest.  To read more about the rankings and our analysis, click here.  Also, we put together a sortable version of the table of this year’s results to help make it easier to compare.

Another very big piece of news from discount brokerage deals section was the announcement by Questrade of the unlimited trading promotion.  Scotia iTrade was the first to offer unlimited trading for 100 days, however like all innovations in this very competitive market, there’s a good chance that others will try to do the same. What sets this deal apart from the one offered by Scotia iTrade is that Questrade is offering unlimited trading for account deposits  as low as $1,000 and $25,000 whereas Scotia iTrade’s deal requires a minimum deposit of $50,000. Not all self-directed investors really need or want unlimited trades, especially if it is only for one or two months, but for some it is one more reason to lean towards Questrade.

Event Horizon

The upcoming week in events is a bit light as we come to the close of November and financial literacy month.  One interesting looking seminar that is coming up this week is geared towards options trading.  The TMX group will be presenting via Scotia iTrade, Understanding the Collar Strategy.

Best Canadian Discount Brokerage Tweet of the Week

This week’s best discount brokerage tweet again comes from the affiliate of Disnat Direct,  @DesjardinsGroup.  We saw this week’s tweet as a way to spread a little goodness for a worthy cause.  Desjardins will be donating $50,000 to cancer research across three organizations that gets the most votes here.

The People Have Spoken

It was a very big week for the Canadian discount brokerage space with the release of the 2012 Globe and Mail brokerage rankings.  A lot of buzz was created around whether these were actually seen as valuable or not.  This thread in the Red Flag Deals personal finance forum was a particularly heated conversation.

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Discount Brokerage Weekly Roundup – Nov. 16/2012

Canadian discount brokerages seem to be busy in their workshops planning what to unveil for next year.  Many of the major financial institutions have their financial year end at October 31st which means they’re setting budgets and planning marketing campaigns for 2013.  Because of the upcoming Globe and Mail discount brokerage rankings due out next week (see below), marketing teams are holding their breath as to how to respond.

In the meantime, a couple of Canadian discount brokerages are jumping the gun with some new promotions.  Scotia iTrade just launched a new “refer a friend” promotion, in which referring business to them can get you either a) $50 or $100 dollars or b) 10 or 50 trades free.  If the most recent J.D. Power & Associates  Investor Satisfaction rankings prove to be correct, however,  Scotia iTrade may find getting referral business from their clients a bit of a challenge. The number of Canadian discount brokerages currently offering “refer a friend” deals is now three (Questrade and BMO Investorline are the other two).  For updated details on discount brokerage promotions, see our deals page here.

Questrade appears to be heavily promoting their new Ring the Bell with Questrade campaign (with spots on StockTwits and BNN) in which the grand prize winner will get to ring the opening bell at the NASDAQ Marketsite in New York City.  In addition to airfare, hotel and $500 in spending money, you will get broadcast on the famous NASDAQ MarketSite screen (which you can see a live webcam of here).  For more information on the “Ring the Bell with Questrade” contest, click here.

Also, as mentioned in this article in the Globe and Mail, this week Rob Carrick will release his annual Canadian discount brokerage ranking.  We know that discount brokerages are eagerly awaiting this year’s results as this comparison, along with the J.D. Power and Associates ranking are great publicity for the discount brokerages.   If you’re interested in Canadian discount brokerage rankings, look out for our upcoming special “comparison of comparisons” series where we compare the different comparisons of discount brokerages.

Event Horizon

This week will be a busy one for HSBC as they are taking their series, “Global economic forecast – the world in 2013 and beyond” across the country.  This seminar will take place in Toronto (Nov. 19th), Saskatoon (Nov. 20th), Edmonton (Nov. 21st), Calgary (Nov. 22rd) and Vancouver (Nov. 23rd).  To register for the event you have to be a member of the site Business Without Borders.  Membership to the website is free as is entrance to the talks.  For more information click here.

Best Canadian Discount Brokerage Tweet of the Week

This week’s best discount brokerage tweet comes from the affiliate of Disnat Direct,  @DesjardinsGroup.  Typically the tweets from @DesjardinsGroup point to interesting articles in the news elsewhere, but a link to original economics research caught our eye.  Specifically, the report on what might happen to the U.S. dollar going into the much talked about fiscal cliff.  To read the tweet, and the article, click here.

The People Have Spoken

This week, a post by J Watts in the Canadian Money Forum, started an interesting discussion on the “Best Bank for Mutual Funds and Direct Investing”. If, like J Watts, you’re a long-time holder of mutual funds, you might want to have a peek at what others had to say.

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Brokerages Gone Social

Social Discount BrokeragesEven though discount brokerages haven’t traditionally portrayed the most “fun and friendly” image, more and more of them are starting to become visible on social media sites such as Facebook and Twitter. While you (hopefully) won’t find those embarrassing pictures of a drunken night gone wild or an angry rant about a horrible boss, plugging into the news feeds of a discount brokerage can be an interesting way to get insight into the organization, follow any promotions that may be underway as well as get a glimpse at the conversations they’re having with their customers.

While some Canadian discount brokers, such as Interactive Brokers, Jitneytrade, Questrade, Scotia iTrade and Virtual Brokers, have their own dedicated twitter and Facebook pages, others such as Disnat Direct, TD Waterhouse and BMO InvestorLine bundle messages about their other financial products and services along with discount brokerage news.

Social media sites, such as Twitter and Facebook, are tricky territory for companies (especially financial services companies) because these channels are public and interactions between the company and customers are visible for everyone to see.  On the other hand these social media sites offer the opportunity for you to share what you love, or love to hate about your brokerage, giving straight feedback and having your voice heard as a client.

One handy feature of being plugged into something like a discount brokerage’s Twitter feed is that it offers a fast way of seeing what other investors or traders are experiencing. If a website is down or there is an outage of service, one of the best places to check (outside of the trading platform itself) and see what’s going on is via the ‘twittersphere’.  Active traders especially are among the first to let others know if something is amiss.

Our table below has those Canadian discount brokerages that are currently on either Facebook and/or Twitter as well as links to their respective feeds.

Brokerage Name Twitter Facebook
BMO Investorline part of @BMO part of “BMO Community Facebook Page
CIBC Investors Edge
Credential Direct
Disnat Direct @DesjardinsGroup Disnat Direct Facebook Page
HSBC InvestDirect
Interactive Brokers @IBGroupLLC Interactive Brokers Facebook Page
Jitneytrade @Jitneytrade
National Bank Direct Brokerage part of @nationalbank
Options Express
Qtrade
Questrade @Questrade Questrade Facebook Page
RBC Direct Investing
Scotia iTrade @Scotia_iTRADE
TD Waterhouse Discount Brokerage part of @TD_Canada Part of the TD Waterhouse Discount Brokerage Facebook Page
Virtual Brokers @Virtual_Brokers Virtual Brokers Facebook Page
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Online Discount Brokerage Deals & Promotions – July 2012

Summer is officially here and with it are a few major league offers that Canadian online discount brokerages have going.  It seems like this month, the four big promos are from Virtual Brokers, Questrade, Scotia iTrade and Disnat Direct. We’ve also got a special discount brokerage deal offering from Jitneytrade now officially launched!

It seems like lots of free trades is all the rage this summer. Virtual Brokers has extended their offer of 150 free trades to September 30th when you open an account with at least $25 000. From Questrade, a chance to get 100 free trades when you open and fund an account with $10 000.  Questrade also has a “refer a friend” deal that looks like an interesting win-win promo. Scotia iTrade has extended their 100 trade credit offer out to Sept 30th, but to get that deal you’ll have to pony up at least $25 000.  Disnat Direct’s Active 5 offer is still in full effect – definitely one to take notice of if you’re an active trader or are thinking about becoming one, 50 trades commission credit and 5 months of best rate trading along with 5 months of their active trading platforms with data make it definitely worth considering – you’ll need $10 000 to land that deal. National Bank Direct Investing also just joined in on the giveaway front with their $750 commission reimbursement when you deposit $25 000 into a new account – make sure to read the fine print on this one though because reimbursements will get paid out in either January 2013 or April 2013 depending on when you open your account.

The official SparxTrading deal with Jitneytrade is now officially launched. If you’re a very active trader, you’ll want to check out the details below on this amazing offer of discounted commissions and a huge discount on the RealTick active trader platform.

Enjoy the rest of this month’s deals!

Company Brief Description Details Link Deadline
Jitney Trade A Sparx Trading exclusive offer! Use the promo code “Sparx Trading” when signing up for a new account with Jitney and receive access to their preferred pricing package and a massive 45% discount on the Real Tick trading platform. For more details click here none
Open a new account (TFSA, Margin or RRSP) and receive $50 commission credit . Use promo code: kdkfnbbc none none
Move your brokerage account to Questrade and they’ll cover the transfer-out fee. Transfer Fee Promo none
Refer a friend to Questrade and when they open an account you receive $100 and they receive $50. To receive this deal you must be an existing client with an equity account and refer a person that does not reside with you and who has not previously opened a Questrade account. Refer a friend none
Maximize your returns. Get up to 1% (or more) of your mutual fund value rebated back to you. Mutual Fund Rebate Promo none
Get up to 100 free trades when you fund an account with a minimum of $10 000. You must open this account by August 31st 2012 and fund it with $10 000 within 30 days of account activation to qualify. You must enter promo code “100FREEQ”. There are quite a few other details, including a minimum balance requirement, so be sure to check the details link. 100 Free Trades August 31st, 2012
Get $150 in cash for opening a Disnat Classic account worth at least $25,000 from a financial institution other than Desjardins. Call Disnat at 1-800-268-8471 and mention the promo code “Reference 150”. [Note this offer applies to Disnat Classic not Disnat Direct] Disnat Refer a Friend Promo July 31st 2012
Disnat has created the Active5 offer so that active traders can test drive their services. New Disnat Direct clients get a package of: 5 months of free real-time trading platform, 5 months of theirlowest commissions (starting at $5), 5 months of free Stockscores newsletter and 50 free trades ($ 250 commissions credit). You can hear Tyler Bollhorn of Stockscores talking about the Active 5 offer here. Disnat Direct Active 5 Offer July 31st 2012
Transfer $25,000 or more to a National Bank Direct Brokerage account and they will pay up to $135 plus taxes in transfer fees Transfer Fee Rebate none
If you are an existing National Bank Direct Brokerage client and you refer someone to join, you each get $100. To qualify, the referred account must transfer at least $25,000 from another financial institution. If at least $25,000 is transferred, up to $135 of the transfer fee is covered. Use the promo code “FRIEND” when opening the account Refer a Friend October 31, 2012
Holders of National Bank Platinum, Ovation Gold, Allure or Escapade Mastercard or a card identified by a professional association can now redeem À la carte reward points for a contribution to your National Bank Direct Brokerage RRSP or Spousal RRSP account, or the new TFSA (Tax-free savings account). As the principal cardholder you can exchange your points, either partly or entirely, for one or more 100 $ contributions (100 $ = 11,000 points). contact one of National Bank Direct Brokerage’s Investor Services representatives (514-866-6755 or 1-800-363-3511). Mastercard points transfer none
Open and fund a new account with National Bank Direct Brokerage with $25 000 or more, and you can receive up to $750 in commission reimbursements. To qualify you must use the promo code “REGISTERED2012” in the general information section of the application form. Reimbursements will be paid in either January or April 2013 depending on date account is opened. See the terms & conditions link for more information. Commission Holiday Promo” October 31, 2012
Virtual Brokers will cover transfer fees from your transferring institution to a maximum of $150 per account. This offer is only applicable to accounts opened with at least $25,000 in equity before September 30, 2012. Transfer Fee Promo September 30th, 2012
Open a new account with $25,000 before September 30, 2012 and receive 150 trades free. (Applies to the first 150 trades placed within 60 days of account opening at a maximum of $6.49 per trade with a total maximum value of $973) New Account Promo September 30th, 2012
Scotia iTrade Open and fund a new Scotia iTRADE account with at least $25,000 (cheque deposit or transfer of assets) before September 30, 2012 and the commissions associated with your first 100 trades placed within 60 days of the date the account is activated and funded with at least $25,000 in the account, will be credited back to your account within 30 days of each order fill, to a maximum of $9.99 per trade in the currency of the account (maximum total cash rebate from this offer is $999). Offer valid only for the first Scotia iTRADE account opened by new Scotia iTRADE clients who do not have an account with ScotiaMcLeod Direct Investing or TradeFreedom. Free trade credits and other Scotia iTRADE offers have no cash redemption value. This offer cannot be combined with any other promotional offer. Scotia iTrade $100 in free trades September 30th, 2012
Scotia iTrade Open a new iTrade account before July 31, 2012 and receive either: $100 cash and 25 trades free for a deposit of between $25,000-$49,999 or $150 and 50 trades free for a deposit of $50,000 or more. You must use the code SPRING-MA when signing up. Springaccount opening bonus July 31st, 2012
Qtrade Investor Qtrade Investor will reimburse your transfer fee up to $125 when transferring a balance of $25,000 or more. For reimbursement, please mail or fax a copy of your statement from the transferring institution that shows the transfer charge to Qtrade Investor at 604.484.2627 and indicate your Qtrade Investor account number. Transfer Fee Promo none
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Online Discount Brokerage Deals & Promotions – June 2012

This month’s discount brokerage deals and promotions from Canadian online discount brokerages still includes some substantial offerings, such as the Disnat Active 5 offer and the Scotia iTrade 100 free trades offer. Some new promos this month include the ‘one free trade’ offer from Scotia iTrade to download and try their mobile trading app (for which you qualify for 1 free equity trade and one free options trade) and the ‘refer a friend’ offer from National Bank Direct Brokerage.  Scotia iTrade also added another promotion that can give you either $100 or $150 plus 25 or 50 trades free (respectively) depending on your deposit – the fine print is a bit tricky so make sure to read it on this one as the promo code is buried in that fine print. Questrade has extended their “stick it to your broker” 10 free trade offer until the end of June.  Lastly there are some exciting whispers floating around that Jitneytrade may be announcing a deal soon and that National Bank Direct Brokerage is working on another promo for release sometime in June. Stay tuned!

Company Brief Description Details Link Deadline
Open a new account (TFSA, Margin or RRSP) and receive $50 commission credit . Use promo code: kdkfnbbc none none
Move your brokerage account to Questrade and they’ll cover the transfer-out fee. Transfer Fee Promo none
Open and fund your account with a minimum of CAD $1,000 before May 31st, 2012 and you’ll get 10 commission-free trades. Use your 10 stock trades within the first 30 days. Buy or sell, one at a time or all at once. Stick12 additional terms here June 30 2012
Refer a friend to Questrade and when they open an account you receive $100 and they receive $50. To receive this deal you must be an existing client with an equity account and refer a person that does not reside with you and who has not previously opened a Questrade account. Refer a friend none
Maximize your returns. Get up to 1% (or more) of your mutual fund value rebated back to you. Mutual Fund Rebate Promo none
Get up to 100 free trades when you fund an account with a minimum of $10 000. You must open this account by August 31st 2012 and fund it with $10 000 within 30 days of account activation to qualify. You must enter promo code “100FREEQ”. There are quite a few other details, including a minimum balance requirement, so be sure to check the details link. 100 Free Trades August 31st, 2012
Get $150 in cash for opening a Disnat Classic account worth at least $25,000 from a financial institution other than Desjardins. Call Disnat at 1-800-268-8471 and mention the promo code “Reference 150”. [Note this offer applies to Disnat Classic not Disnat Direct] Disnat Refer a Friend Promo July 31st 2012
Disnat has created the Active5 offer so that active traders can test drive their services. New Disnat Direct clients get a package of: 5 months of free real-time trading platform, 5 months of theirlowest commissions (starting at $5), 5 months of free Stockscores newsletter and 50 free trades ($ 250 commissions credit). You can hear Tyler Bollhorn of Stockscores talking about the Active 5 offer here. Disnat Direct Active 5 Offer July 31st 2012
Credential Direct Switch your account to Credential Direct and they’ll pay up to $125 of the transfer fees your online broker charges. If after 90 days you’re not completely satisfied, Credential Direct will waive the $125 transfer out fee. To qualify, you must deposit at least $5000 within 30 days of opening a Credential Direct account. Promo code “SWITCH ME” Switch Me Offer June 30th, 2012
Transfer $25,000 or more to a National Bank Direct Brokerage account and they will pay up to $135 plus taxes in transfer fees Transfer Fee Rebate none
Become a new National Bank Direct Brokerage Client before June 30, 2012 and receive a fixed rate commission of $6.95 for 6 months. Minimum deposit not specified. Promo code “TRADE2012”. Call customer service: 1-800-363-3511 – Available to Western Canada Customers only (BC/Alberta) June 30th, 2012
If you are an existing National Bank Direct Brokerage client and you refer someone to join, you each get $100. To qualify, the referred account must transfer at least $25,000 from another financial institution. If at least $25,000 is transferred, up to $135 of the transfer fee is covered. Use the promo code “FRIEND” when opening the account Refer a Friend October 31, 2012
Holders of National Bank Platinum, Ovation Gold, Allure or Escapade Mastercard or a card identified by a professional association can now redeem À la carte reward points for a contribution to your National Bank Direct Brokerage RRSP or Spousal RRSP account, or the new TFSA (Tax-free savings account). As the principal cardholder you can exchange your points, either partly or entirely, for one or more 100 $ contributions (100 $ = 11,000 points). contact one of National Bank Direct Brokerage’s Investor Services representatives (514-866-6755 or 1-800-363-3511). Mastercard points transfer none
Virtual Brokers will cover transfer fees from your transferring institution to a maximum of $150 per account. This offer is only applicable to accounts opened with at least $25,000 in equity before September 30, 2012. Transfer Fee Promo September 30th, 2012
Open a new account with $25,000 before September 30, 2012 and receive 150 trades free. (Applies to the first 150 trades placed within 60 days of account opening at a maximum of $6.49 per trade with a total maximum value of $973) New Account Promo September 30th, 2012
Scotia iTrade Open and fund a new Scotia iTRADE account with at least $25,000 (cheque deposit or transfer of assets) before June 30, 2012 and the commissions associated with your first 100 trades placed within 60 days of the date the account is activated and funded with at least $25,000 in the account, will be credited back to your account within 30 days of each order fill, to a maximum of $9.99 per trade in the currency of the account (maximum total cash rebate from this offer is $999). Offer valid only for the first Scotia iTRADE account opened by new Scotia iTRADE clients who do not have an account with ScotiaMcLeod Direct Investing or TradeFreedom. Free trade credits and other Scotia iTRADE offers have no cash redemption value. This offer cannot be combined with any other promotional offer. Scotia iTrade $100 in free trades June 30th, 2012
Scotia iTrade Download the new Scotia iTrade mobile app and get one trade free (one equity and one option). Trade must be placed on the mobile app. Scotia iTrade 1 free trade June 30th, 2012
Scotia iTrade Open a new iTrade account before July 31, 2012 and receive either: $100 cash and 25 trades free for a deposit of between $25,000-$49,999 or $150 and 50 trades free for a deposit of $50,000 or more. You must use the code SPRING-MA when signing up. Springaccount opening bonus July 31st, 2012
Qtrade Investor Qtrade Investor will reimburse your transfer fee up to $125 when transferring a balance of $25,000 or more. For reimbursement, please mail or fax a copy of your statement from the transferring institution that shows the transfer charge to Qtrade Investor at 604.484.2627 and indicate your Qtrade Investor account number. Transfer Fee Promo none
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Discount Broker Deals & Promotions – As of April 1st 2012

Here are the latest discount broker deals and promotions offered by Canada’s online discount brokerages. This month there is a monster deal being launched  by Disnat Direct called the “Active 5” deal.  Look out for other deals being announced from National Bank Direct Brokerage early this month.  If there’s a deal or promotion that we’ve not included, drop us a note here and we’ll look into adding it to the list.

While we strive for accuracy in our reporting we cannot guarantee that the information presented below will not have changed or be altered without notice. Please ensure to check the brokerage’s website directly for full details.

 

Company Brief Description Details Link Deadline
Open a new account (TFSA, Margin or RRSP) and receive $50 commission credit . Use promo code: kdkfnbbc none none
Move your brokerage account to Questrade and they’ll cover the transfer-out fee. Transfer Fee Promo none
Maximize your returns. Get up to 1% (or more) of your mutual fund value rebated back to you. Mutual Fund Rebate Promo none
Open a new account with Questrade and you could qualify for a new iPad. To enter in a draw for 1 of 10 iPads, you can open a new account and deposit $1000. If you deposit $250,000 or more, you will get a free iPad (applies to both new and existing clients) iPad Promo May 31, 2012
Transfer a value of $50,000 or more in assets to Disnat Direct (from a non Desjardins account) and receive a $500 credit (valid for 3 months) which can be applied to regular commissions or account transfer fees $500 Credit May 1, 2012
Transfer a value of $50,000 or more to your Disnat account (from a non Desjardins account) and receive $300 and free access to their GPS portfolio management tool for a year. Money will be deposited to your account within 30 days of your completed transfer. They will reimburse any transfer fees charged by the transferring firm (up to $150 per account). GPS Promo Limited Time Offer
A monster deal called the “Active 5 Deal” being launched by Disnat: 5 Months of no platform fees on DD Xtra & DD Web (includes no fee for TSX venture quotes) 5 Months trading on the best commission rate of $5 50 free trades ($250 commission credit) 5 Months access to Tyler Bollhorn’s daily newsletter $500 off Tyler Bollhorn’s live trading course Check back soon for details! TBD
For new clients: Transfer a value of $100 000 to National Bank Direct Brokerage and reference code: NBDB25 on signup form (section 13). For existing clients: call customer service to let them know you want the deal. The Deal: Get 250 trades for $0.25 each Lots of fine print to read for this deal – click on the link to find out details 25 years. 25 cents deal April 30, 2012
Transfer $25,000 or more to a National Bank Direct Brokerage account and they will pay up to $135 plus taxes in transfer fees Transfer Fee Rebate none
BMO InvestorLine Open a new account with BMO Investorline and you could receive cash back. For a $50,000 deposit/transfer – you get $100; for a $100,000 transfer, you get $250 cash back; for a $250,000 transfer/deposit you get $600 cash back. Enter the code BONUS when you open your account. BMO transfer offer June 1, 2012
Credential Direct Switch your account to Credential Direct and they’ll pay up to $125 of the transfer fees your online broker charges. If after 90 days you’re not completely satisfied, Credential Direct will waive the $125 transfer out fee. To qualify, you must deposit at least $5000 within 30 days of opening a Credential Direct account. Promo code “SWITCH ME” Switch Me Offer June 30, 2012
Become a new National Bank Direct Brokerage Client before June 30, 2012 and receive a fixed rate commission of $6.95 for 6 months. Minimum deposit not specified. Promo code “TRADE2012”. Note: National Bank is releasing a similar promo early April where you have to open a margin account to receive 6 months at $6.95 – according to customer service details to be released soon. Call customer service: 1-800-363-3511 June 30, 2012
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Discount Broker Deals & Promotions – As of March 1st 2012

Here are the latest discount broker deals and promotions offered by Canada’s online discount brokerages.  While we strive for accuracy in our reporting we cannot guarantee that the information presented below will not have changed or be altered without notice. Please ensure to check the brokerage’s website directly for full details.

Company Brief Description Details Link Deadline
Open a new account (TFSA, Margin or RRSP) and receive $50 commission credit . Use promo code: kdkfnbbc none none
Move your brokerage account to Questrade and they’ll cover the transfer-out fee. Transfer Fee Promo none
Maximize your returns. Get up to 1% (or more) of your mutual fund value rebated back to you. Mutual Fund Rebate Promo none
Transfer your account to Qtrade Investor before March 31, 2012 and they will pay you up to $125 to cover your transfer fees*. New Account Promo Mar. 31, 2012
Open a new account with $25,000 before March 31, 2012 and receive 150 trades free. (Applies to the first 150 trades placed within 60 days of account opening at a maximum of $6.49 per trade with a total maximum value of $973) New Account Promo Mar. 31, 2012
Virtual Brokers will cover transfer fees from your transferring institution to a maximum of $150 per account. This offer is only applicable to accounts opened with at least $25,000 in equity before March 31, 2012. Transfer Fee Promo Mar. 31, 2012
Transfer a value of $50,000 or more in assets to Disnat Direct (from a non Desjardins account) and receive a $500 credit (valid for 3 months) which can be applied to regular commissions or account transfer fees $500 Credit May 1st, 2012
Transfer a value of $50,000 or more to your Disnat account (from a non Desjardins account) and receive $300 and free access to their GPS portfolio management tool for a year. Money will be deposited to your account within 30 days of your completed transfer. They will reimburse any transfer fees charged by the transferring firm (up to $150 per account). GPS Promo Limited Time Offer
For new clients: Transfer a value of $100 000 to National Bank Direct Brokerage and reference code: NBDB25 on signup form (section 13). For existing clients: call customer service to let them know you want the deal. The Deal: Get 250 trades for $0.25 each Lots of fine print to read for this deal – click on the link to find out details 25 years. 25 cents deal April 30, 2012
Transfer $25,000 or more to a National Bank Direct Brokerage account and they will pay up to $135 plus taxes in transfer fees Transfer Fee Rebate none
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Discount Broker Deals & Promotions – As of January 30th 2012

Here are the current promotions and deals listed at the discount brokerages:

Q

Company Brief Description Details Link Deadline
Open a new account (TFSA, Margin or RRSP) and receive $50 commission credit . Use promo code: kdkfnbbc none none
Open and fund a new RSP account with a minimum of $25,000 and get 150 free stock trades. RSP Promo Feb. 29, 2012
Open and fund a new margin, registered or TFSA account with a minimum of $1,000 and get 10 free stock trades. RSP Promo Feb. 29, 2012
Move your brokerage account to Questrade and they’ll cover the transfer-out fee. Transfer Fee Promo none
Maximize your returns. Get up to 1% (or more) of your mutual fund value rebated back to you. Mutual Fund Rebate Promo none
Open a NEW Scotia iTRADE® account (New Account) before March 1, 2012 and fund the New Account by March 31, 2012 with either CAD $50,000-$99,999 in assets or more than CAD $100,000 in assets and receive either $150 cash or $250 cash or the commissions on 100 trades (maximum value of rebate $999.99) New Account Promo Mar. 31, 2012
Transfer your account to Qtrade Investor before March 31, 2012 and they will pay you up to $125 to cover your transfer fees*. New Account Promo Mar. 31, 2012
Open a new account with $25,000 before March 31, 2012 and receive 150 trades free. (Applies to the first 150 trades placed within 60 days of account opening at a maximum of $6.49 per trade with a total maximum value of $973) New Account Promo Mar. 31, 2012
Virtual Brokers will cover transfer fees from your transferring institution to a maximum of $150 per account. This offer is only applicable to accounts opened with at least $25,000 in equity before March 31, 2012. Transfer Fee Promo Mar. 31, 2012
Open your account today and for every $10,000 you invest between January 4 and March 1, 2012 you’ll be entered for a chance to win a $1000 prize offered daily*. Plus, get $250 cash back for investing $100,000 or get $650 cash back for investing $250,000 ** Enter promo code WIN2012 when you open your account. New Account Promo Mar. 1, 2012
Transfer a value of $50,000 or more to your Disnat account (from a non Desjardins account) and receive $300 and free access to their GPS portfolio management tool for a year. Money will be deposited to your account within 30 days of your completed transfer. They will reimburse any transfer fees charged by the transferring firm (up to $150 per account). GPS Promo Limited Time Offer