Brokers with
Options brokers in Canada with no transfer-out fee
One broker charges $0 to transfer a full account out for residents of Canada. The same facts for each: fees, approvals, countries.
A transfer-out fee, also called an ACATS fee, is what a broker charges when you move your account to another broker. Check that the $0 covers a full transfer as well as a partial one, and whether the broker you move to pays fees for you. One broker charges $0 to transfer a full account out for residents of Canada.
At a glance: 1 broker, 1 at $0 per contract, 1 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 4.95%.
| Broker | QuantWheel | Exercise | Approval | 0DTE | Margin | Offers | |
|---|---|---|---|---|---|---|---|
| Trade & Sync | US$0 per contractIndex contracts and FX priced separately | $0 | Naked | Yes | 4.95% |
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.
WealthsimpleUS$0 per contract · $0 exercise and assignment · naked
Wealthsimple opens options accounts for residents of Canada. It charges US$0 per contract (Index contracts and FX priced separately). Exercise and assignment cost $0. It approves up to naked short options. It trades on Web, Mobile. QuantWheel syncs positions and trades from the account and suggests; with Trade & Sync the orders you approve go to the broker from QuantWheel.
Account fees (platform, inactivity, transfer out)No platform, inactivity or transfer-out fee; USD account $10 + tax a month on Core (currency not stated), needed to write calls in FHSA, TFSA, RRSP, LIRA
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
No transfer-out fee