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CIBC Investor's Edge vs Qtrade
The same facts side by side. Swap a broker from the menu under its logo; the best value in each row is marked.
- CIBC Investor's Edge leads
- 0
- Qtrade leads
- 1
- Level
- 5
Of 6 scored facts, CIBC Investor's Edge leads on 0, Qtrade on 1, and 5 are level. Countries and the offer are not scored.
Head-to-head
The best value in each row is marked; rows where every broker matches carry no mark.| Fact |  CIBC Investor's Edge |  Qtrade |
|---|---|---|
| Fee per contract | $1.25 + $6.95 per trade | $0.75 per contractBest |
| CIBC Investor's Edge, U.S. trades are charged in US$ | Qtrade, Exercise uses representative-assisted schedule | |
| Exercise and assignment | $6.95 + $1.25 per contract | Exercise Representative rate; $45 minimum, assignment $30 |
| Approval | Naked | Naked |
| CIBC Investor's Edge, Up to naked short options | Qtrade, Up to naked short options | |
| 0DTE | Not published | Not published |
| Index options (SPX) | Not published | Yes |
| Options on futures | Not published | Not published |
| Spreads in an IRA | No | No |
| Portfolio margin | Not published | Not published |
| Margin rate | 6.25% | Not published |
| Platforms | Web, Mobile | Web, Mobile |
| Paper trading | Not published | Not published |
| 24/7 support | No | No |
| Countries | Canadian residents only | Canadian residents only |
| QuantWheel | Not connected | Not connected |
| Offer |
Facts from each broker's fee schedule and options agreement, checked 8 October 2026. Best marks the lowest cost or the widest allowance in a row.
The two brokers
One paragraph each.CIBC Investor's Edge$1.25 + $6.95 per trade · $6.95 + $1.25 per contract · naked
CIBC Investor's Edge opens options accounts for residents of Canada only. It charges $1.25 + $6.95 per trade (U.S. trades are charged in US$). Exercise and assignment cost $6.95 + $1.25 per contract each. It approves up to naked short options. It trades on Web, Mobile. It is not connected to QuantWheel.
Qtrade$0.75 per contract · Exercise Representative rate; $45 minimum, assignment $30 · naked
Qtrade opens options accounts for residents of Canada only. It charges $0.75 per contract (Exercise uses representative-assisted schedule). Exercise costs Representative rate; $45 minimum, and assignment costs $30. It approves up to naked short options. It trades on Web, Mobile. It is not connected to QuantWheel.
What each costs for the way you trade
A year of fees from each broker's published prices, checked 7 and 8 October 2026.
- CIBC Investor's Edge$13 a trade, 11% of your premium, fee not published
- $1,220 a year
- Qtrade$5.55 a trade, 4.6% of your premium, fee not published
- $533 a year
Qtrade is $687 a year lower on the fees it publishes, and it does not publish every fee this strategy needs
Not counted because CIBC Investor's Edge does not publish them: clearing fee, options regulatory fee, SEC fee, live options quote price, platform fee. Not counted because Qtrade does not publish them: clearing fee, options regulatory fee, SEC fee, live options quote price, inactivity fee.
Estimates from published fees. Your broker statement can differ, and brokers change fees. A fee a broker does not publish is never counted as $0.
Questions people ask
CIBC Investor's Edge vs Qtrade