Brokers with
Options brokers in Canada for a cash account
One broker allows options in a cash account for residents of Canada. The same facts for each: fees, approvals, countries.
A cash account means you pay for every trade with money already in the account, with no loan from the broker. The brokers here allow covered calls or cash-secured puts in it. Check which other options the broker allows in a cash account, and how it treats trades made with cash that has not settled. One broker allows options in a cash account for residents of Canada.
At a glance: 1 broker, 1 at $0 per contract, 0 with $0 exercise and assignment, 1 approving naked options, 1 working with QuantWheel; median fee $0.00 per contract, lowest margin rate at $50,000 none.
| 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 |
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.
Level for covered calls and cash-secured putsCovered calls and cash-secured puts Level 2; allowed in cash and registered accounts (not RESP; no index puts in registered)
More by what you need
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
Options in a cash account