December 12, 2009
In this thread, @hotmony enquired about self-directed discount brokerage ("SD DB") GIC rate offerings. He specifically asked me to provide Virtual Brokers' GIC rates, which I'd previously pledged in another thread which I cannot find (anyone is welcome to find me that link, please) to provide after I'd provided Scotia iTRADE GIC rates in or around March 2019. Virtual Brokers ("VB") doesn't allow an easy export into CSV or XLS format, but with a little playing around, I was able to copy and paste it page by page into an Excel spreadsheet, which I converted into a table so you guys can sort by columns.
Note that VB also has redeemable and cashable GIC rates, including short-term, but to limit the scope, I limited the GIC rates to at least 1 year term, non-redeemable, compounded annual interest, and interest paid at maturity.
I'll try and update this thread semi-annually or annually, as time permits. If in the meantime, other people have VB accounts, feel free to post a separate shared spreadsheet as a reply to this thread. Similarly, if you find that Scotia iTRADE post to which I was referring, share it in a reply. Also, if you have a brokerage account with another SD DB, feel free to start a new thread in the following topic name format: "Brokerage GIC Rates (Branding name of SD DB)"
Edit: This post and the associated link have been updated to include Scotia iTRADE GIC rates, as at the same date. Scotia iTRADE GIC rates listed are annual paid interest. Compounded for 2-5 year are available for the same, or nearly the same, rate. Scotia iTRADE GIC rates are sorted highest to lowest by 5-year rate. Virtual Brokers GIC rates are sorted alphabetically, in ascending order, from A-Z by issuer.
NB in the Scotia iTRADE worksheet, note that National Trust Co is the subsidiary of Bank of Nova Scotia, not a trust company subsidiary of National Bank of Canada, which is, I think, Natcan Trust Company.
February 20, 2018
December 12, 2009
It's been awhile since I've shared the latest Scotia iTRADE brokerage GIC rates. Sorted in ascending order by 1-year annual GICs, the following are the current brokerage GIC rates from Scotia iTRADE. Since I last posted the rates, March 11th, 2019, interestingly, TD GICs were available through Scotia iTRADE. However, they are no longer available through Scotia iTRADE, presumably, because they are all at or below 1% on a 1-5 year basis.
Props to Vatox in this thread for inspiring me to post an update.