Brokers for
Options brokers in Canada for trust accounts
3 brokers open trust accounts for residents of Canada. The same facts for each: fees, approvals, countries.
A trust account is a brokerage account owned by a trust and run by the trustee. Check whether the broker allows options in a trust account, which approval levels it gives, and what paperwork it asks for to open one. 3 brokers open trust accounts for residents of Canada.
At a glance: 3 brokers, 1 at $0 per contract, 0 with $0 exercise and assignment, 3 approving naked options, 1 working with QuantWheel; median fee $0.75 per contract, lowest margin rate at $50,000 6.25%.
| Broker | QuantWheel | Exercise | Approval | 0DTE | Margin | Offers | |
|---|---|---|---|---|---|---|---|
 Questrade | Sync-only | US$0 per contractCanadian contracts CA$0.99; index contracts US$0.99 | Exercise $24.95, assignment $0 | Naked | Yes | Not published | |
 CIBC Investor's Edge | $1.25 + $6.95 per tradeU.S. trades are charged in US$ | $6.95 + $1.25 per contract | Naked | Not published | 6.25% | ||
 Qtrade | $0.75 per contractExercise uses representative-assisted schedule | Exercise Representative rate; $45 minimum, assignment $30 | Naked | Not published | Not published |
The brokers one by one
What qualifies each for this page, from its fee schedule and options agreement, and the one fact that sets it apart.QuestradeUS$0 per contract · Exercise $24.95, assignment $0 · naked
Questrade opens options accounts for residents of Canada. It charges US$0 per contract (Canadian contracts CA$0.99; index contracts US$0.99). Exercise costs $24.95, and assignment costs $0. It approves up to naked short options. It trades on Web, Desktop, Mobile. QuantWheel syncs positions and trades from the account and suggests; you place the orders at the broker.
Account typesCash, Margin (incl. joint), TFSA, RRSP, FHSA, RESP, Spousal RRSP, LIRA, LIF, RRIF, Trust, Estate, Partnership
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. 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.
Account typesCash (individual, joint or corporate), Margin, TFSA, RRSP, FHSA, RESP, RRIF, LIRA, LRSP, LRIF, Trust, Estate, Partnership, Investment Club
Qtrade$0.75 per contract · Exercise Representative rate; $45 minimum, assignment $30 · naked
Qtrade opens options accounts for residents of Canada. 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.
Account typesCash (individual, joint, trust, company and more), Margin, TFSA, RRSP, FHSA, RESP, RRIF, LIRA, LRSP, LIF
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The pair pages among these brokers, with a verdict.More by what you trade
Every page in this folder lists the brokers that qualify, with the same facts.Related pages
The same page for other countries, then the facets traders pair with this one.Questions people ask
Trust accounts