The Bank of Nova Scotia
Primary
CA
Registration not shown
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1 entity
unverified
Broker profile
SC
ScotiaFX Review: Is It Legit and Regulated?
The Bank of Nova Scotia
CA
Operating period unverified
AKA Scotiabank ScotiaFX
FindMyFX score
high risk4.5/10
0
Score out of 10
10
Independent assessment
Updated 2026-07-28
Contact & regulation
- Official website
- gbm.scotiabank.com
- Address
- Not verified
- Contact
- Not verified
- Primary license
- OSFI · Unverified
Missing values mean the information has not been verified or published yet—not that the broker does not provide it.
Quick verdict
Is ScotiaFX legit and regulated?
FindMyFX has license records for ScotiaFX, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.
This is a source-limited research summary, not a safety guarantee or investment recommendation.
Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.
Broker-provided company information
ScotiaFX is Scotiabank's online FX platform for institutional, government and business clients.
Professional broker overview
FindMyFX editorial summary
ScotiaFX provides real-time rates in 30 major currencies for institutional and business users. The Bank of Nova Scotia is listed by OSFI as a Canadian domestic systemically important bank. Public retail leverage and typical-spread data were not identified.
Prepared from reviewed sources for informational purposes. This is not investment advice.
Editorial note: ScotiaFX is a bank institutional and commercial service; availability, products and the contracting Scotiabank entity vary by jurisdiction.
- Operational status
- active
- Broker type
- unknown
- Execution model
- Online institutional and commercial FX pricing and trading through ScotiaFX.
- Support hours
- Not verified
Documented advantages
- The official platform page describes real-time rates in 30 major currencies.
Documented limitations
- The service is aimed at institutional, government and business clients.
100%coverage
Published profile coverage
8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.
Company structure
Legal entities
Registered companies associated with this broker profile.
Markets and instruments
Foreign exchange
unverified
Additional and historical websites
Research sources
Licenses and regulators
OSFI
No license number
Last verified: Not shown
Type: Federally regulated bank
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown
Score components
Regulation and licenses
7.5/10 · 35%Official entity and authorization evidence was reviewed.
Security and track record
2.5/10 · 20%No complete official long-term incident history was reviewed.
Trading conditions
2.5/10 · 15%Core FX capabilities are documented; public pricing remains limited.
Company transparency
7.5/10 · 10%Official sources identify the entity and operating scope.
Service quality
2.5/10 · 10%No verified service-quality dataset was reviewed.
Verified user reviews
0.0/10 · 10%No verified user-review dataset was established.
Profile update history
Broker profile was published.
2026-07-28
Related regulated broker profiles
These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.