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CIBC Investor's Edge review

HQ Toronto, Ontario, CanadaPlatforms Web, Mobile

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No integration. QuantWheel cannot read accounts at CIBC Investor's Edge, so you cannot use it with QuantWheel.

Fee per contract
$1.25 + $6.95 per trade
to open a contract
Exercise and assignment
$6.95 + $1.25 per contract
per event
Approval
Naked
up to naked short options
Margin rate
6.25%
on a $50,000 balance
Countries
Canadian residents only
from the broker's own pages

What you can trade

From the options agreement

  • 0DTE (Not published)
  • Index options (SPX) (Not published)
  • Options on futures (Not published)
  • Spreads in an IRA, not offered
  • Portfolio margin (Not published)
  • Paper trading (Not published)
  • 24/7 support, not offered

PlatformsWeb, Mobile

Cost to open

Per-contract fee only

One cash-secured put1 contract
$1.25
Ten-lot iron condor40 contracts
$50
Twenty covered calls20 contracts
$25
One turn of the wheelput assigned, call exercised, 2 contracts
Not published

Exchange fees and per-order minimums are extra where the fee schedule has them.

What CIBC Investor's Edge costs for the way you trade

A year of fees from CIBC Investor's Edge's published prices, checked 7 and 8 October 2026.

How you trade
8
1
$1.20
CIBC Investor's Edge standard price$13 a trade, 11% of your premium
$1,220 a year
Among 5 brokers open to residents of CanadaLowest is Wealthsimple at $0.00 a year, plus small regulatory fees it does not publish
4th on the fees it publishes

Not counted because CIBC Investor's Edge does not publish them: clearing fee, options regulatory fee, SEC fee, live options quote price, platform fee.

Compare every broker for this pattern

QuantWheel

Not connected

No integration. QuantWheel cannot read accounts at CIBC Investor's Edge, so you cannot use it with QuantWheel.

Connect CIBC Investor's Edge

Fees explained

What each line of the fee schedule means for an options order

CIBC Investor's Edge

$1.25 + $6.95 per trade, charged on each leg. A ten-lot iron condor is 40 contracts, so $50 to open, and the same again if you close it before expiry. Exchange fees and per-order minimums are extra where the fee schedule has them.

Not published Cost to open

The options agreement approves up to naked short options in a margin account. Spreads are not allowed in an IRA. It does not publish whether portfolio margin is offered.

Not published.

What changed at CIBC Investor's Edge

Every fee, term and policy we track, with the day it moved

No change recorded since the last check. A change to a fee or a rule appears here on the day we record it.

Questions people ask

Answered from the documents above

CIBC Investor's Edge

No; QuantWheel cannot read accounts at CIBC Investor's Edge. Connect CIBC Investor's Edge

$1.25 + $6.95 per trade, and $6.95 + $1.25 per contract per exercise or assignment, from the fee schedule checked 8 October 2026. Exchange fees are extra. Compare fees across brokers

It does not publish whether 0DTE trading is allowed. It does not publish whether index options such as SPX are offered. The options agreement approves up to naked short options in a margin account. Brokers for 0DTE

Canadian residents only, according to CIBC Investor's Edge's own pages. Check with CIBC Investor's Edge before you open an account. Brokers by country

Facts from CIBC Investor's Edge's own fee schedule and options agreement, checked 8 October 2026.