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Options brokers in Canada with a sign-up bonus

3 brokers offer a sign-up bonus for residents of Canada. The same facts for each: fees, approvals, countries.

A sign-up bonus is a reward a broker gives for opening an account, adding money or moving an account in from another broker. Check the deposit it asks for, how long the money has to stay, when the offer ends and the transfer-out fee if you leave later. 3 brokers offer a sign-up bonus 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 6.50%.

BrokerQuantWheelExerciseApproval0DTEMarginOffers
QuestradeSync-onlyUS$0 per contractCanadian contracts CA$0.99; index contracts US$0.99Exercise $24.95, assignment $0NakedYesNot published
Qtrade$0.75 per contractExercise uses representative-assisted scheduleExercise Representative rate; $45 minimum, assignment $30NakedNot publishedNot published
TD Direct Investing$1.25 + $9.99 per tradeTrade currency; event fees use account currencyExercise $15 auto / $43 manual, assignment $15NakedNot published6.50%
3 of 28 brokersIn the published order

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.

    Sign-up bonusThe QUIZ50 offer pays a CA$50 sign-up bonus to new clients who open and fund a new self-directed account with at least CA$500 of net-new money using code QUIZ50, for applications from June 8, 2026 to December 31, 2026. It is paid within 75 days into a non-registered account.

  • 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.

    Sign-up bonusThe Qtrade Fall Offer 2026 (promo code OFFER2026, new clients only) pays cashback of 5% on net new deposits of $1,000 to $10,000, then a flat $550 to $5,000 by deposit band (top band over $500,000), plus a $100 sign-up bonus for $25,000+ funded within 30 days. Open by January 5, 2027, deposit by February 5, 2027 and keep the money in until February 5, 2028, with amounts in CA$ and cashback paid around March 5, 2028.

  • 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.

    Sign-up bonusThe 2026 Easy Cash Offer pays 3% cash back on assets transferred from outside TD Bank Group into registered accounts (TFSA, RRSP, FHSA, LIRA, LRSP) and 1% into non-registered accounts (cash, margin, corporate), minimum CA$2,500, maximum CA$15,000. Register July 2 to October 23, 2026 (new accounts use promo code CASHBACK), transfer by November 30, 2026 and keep the assets until November 30, 2028, and the cash back is paid in two parts by December 31, 2027 and December 31, 2028.

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

Sign-up bonus

Questrade, TD Direct Investing and Qtrade, among the brokers that open accounts for residents of Canada.

Brokers that work with QuantWheel sort first and carry the mark, because that is a fact about them, not a score. Sorting a column overrides this.

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