Brokers with
Options brokers in Canada with options on non-US exchanges
4 brokers offer options on non-US exchanges for residents of Canada. The same facts for each: fees, approvals, countries.
Options on non-US exchanges are contracts listed outside the United States. They can differ from US options in currency, trading hours, contract size and fees. Check which exchanges the broker covers, the fee per contract on each and the cost to convert currency. 4 brokers offer options on non-US exchanges for residents of Canada.
At a glance: 4 brokers, 1 at $0 per contract, 0 with $0 exercise and assignment, 4 approving naked options, 1 working with QuantWheel; median fee $1.00 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 | ||
 TD Direct Investing | $1.25 + $9.99 per tradeTrade currency; event fees use account currency | Exercise $15 auto / $43 manual, assignment $15 | Naked | Not published | 6.50% |
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.
Options on non-US exchangesCanadian-listed options (Montreal Exchange) trade at CA$0.99 per contract, with streaming Montreal Exchange data. No other non-US exchange is published.
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.
Options on non-US exchangesCanadian options trade at the same price as US options, including options on CDRs (Canadian Depositary Receipts). No other non-US exchange is published.
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.
Options on non-US exchangesCanadian-listed equity and index options trade on the Montreal Exchange. No other non-US exchange is published.
TD Direct Investing$1.25 + $9.99 per trade · $15 per event · naked
TD Direct Investing opens options accounts for residents of Canada. It charges $1.25 + $9.99 per trade (Trade currency; event fees use account currency). Exercise and assignment cost $15 each. It approves up to naked short options. It trades on Web, Desktop, Mobile. It is not connected to QuantWheel.
Options on non-US exchangesTD trades Canadian options at the same online price as US options, and WebBroker, the TD app and Advanced Dashboard trade North American stocks and options (TD Active Trader is US only). TD does not name the Canadian exchange, and no other non-US exchange is published.
Compare two of them
The pair pages among these brokers, with a verdict.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
International options