Brokers with
Options brokers in Canada with no assignment fee
One broker charges nothing on exercise and assignment for residents of Canada. The same facts for each: fees, approvals, countries.
An exercise and assignment fee is charged when you exercise an option you bought or get assigned on one you sold. A wheel trader meets both often, because an assigned put brings in shares and an assigned call sells them. Check that the broker charges $0 for both, on index options too. One broker charges nothing on exercise and assignment 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 | |
|---|---|---|---|---|---|---|---|
 Wealthsimple | 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 charges nothing on exercise and assignment. 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.
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
Free exercise and assignment