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How to Buy Stocks in Canada Using Scotiabank: Complete Guide

Investing in the stock market is a popular way for individuals to increase their wealth. If you’re a Scotiabank customer in Canada interested in purchasing stocks, this article will guide you on how to do it through various options: online banking, mobile app, and customer service.

Buying Stocks via Scotiabank Online Banking

Scotiabank’s online banking features enable users to buy stocks with a few clicks. Here is a step-by-step process explaining how to buy stocks through Scotiabank's online banking portal.

• Log in to your Scotiabank online account. Go to the ‘Banking’ tab and choose ‘Online Banking’.
• Select "Investing" at the top of the page.
• Under the "Online Brokerage" tab, click on "Trade."
• You'll arrive at a secure stock trading platform. Type in the name of the stock you want to purchase in the "symbol lookup" box.
• Indicate how many shares you wish to buy and select "Market Order" to buy at the current market price, or choose "Limit Order" if you want to buy at a specific price.
• Review the order and click on "Submit" to complete your stock purchase.

Purchasing Stocks through Scotiabank's Mobile App

Scotiabank's mobile app allows you to make stock trades right at your fingertips. Here's how to proceed:

• Download and install Scotiabank's mobile app from either Google Play Store or Apple Store.
• Open the app and log in to your account. Tap on "Investments" on the home screen.
• Select "Trade" under the "Brokerage" section.
• Just like on the online banking portal, input the stock name in the "symbol lookup" box.
• Specify the number of shares and order type - Market Order for immediate purchase, or Limit Order for a specific price.
• Review your order before tapping "Submit."

Contacting Scotiabank's Customer Service for Stock Trading

If you prefer person-to-person interaction or need more assistance, you can reach out to Scotiabank's customer service to help you buy stocks. Here’s how:

• Contact Scotiabank's Direct Investing Customer Service at 1-800-769-2560. This line is available from Monday to Friday, from 7:00 a.m. to 6:00 p.m. (EST).
• A representative will guide you through the stock purchase process. Remember, you'll have to provide details like the stock name, number of shares, and whether it's a Market Order or Limit Order.

There you have it - three different yet convenient methods to buy stocks at Scotiabank, tailored to suit your preferences and needs. Whether you're a savvy online investor, someone who loves managing transactions on your smartphone, or a customer seeking some personal assistance - Scotiabank has got you covered. Happy investing!