Canada
Best Options Trading Brokers in Canada
Compare the top-rated brokers for Options Trading with scores up to 95/100. Enjoy comprehensive investor protection and highly regulated services.
Last updated: February 2026
Options Trading Broker Comparison — Canada
| # | Broker | Rating | Min deposit | Trading fees | Trust score | Regulation |
|---|---|---|---|---|---|---|
| 1 | Interactive Brokers | ★ 4.8/5 | $0 | $0.0005 to $0.0035 per share | 95/100 | SEC, FINRA |
| 2 | TD Ameritrade | ★ 4.7/5 | $0 | $0 for stocks and ETFs | 95/100 | SEC, FINRA |
| 3 | TradeStation | ★ 4.7/5 | $0 | $0 for stocks and ETFs | 94/100 | SEC, FINRA |
| 4 | Charles Schwab | ★ 4.8/5 | $0 | $0 for stocks and ETFs | 98/100 | SEC, FINRA |
| 5 | Fidelity | ★ 4.6/5 | $0 | $0 for stocks and ETFs | 94/100 | SEC, FINRA |
Best Brokers for Options Trading
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Interactive Brokers
Trading fees
$0.0005 to $0.0035 per share
Min deposit
$0
Platforms
TWS, IBKR Mobile, Web Portal
Regulation
SEC, FINRA, FCA, CySEC, MAS
Advantages
- Lowest trading fees in the industry
- Most trusted regulatory licenses
Disadvantages
- Complex platform for beginners
- High minimum for margin accounts
TD Ameritrade
Trading fees
$0 for stocks and ETFs
Min deposit
$0
Platforms
thinkorswim, TD Mobile, Web Platform
Regulation
SEC, FINRA
Advantages
- Excellent thinkorswim platform
- Comprehensive educational resources
Disadvantages
- Higher options contract fees
- No fractional shares
TradeStation
Trading fees
$0 for stocks and ETFs
Min deposit
$0
Platforms
TradeStation Desktop, Web Trading, Mobile App
Regulation
SEC, FINRA, SIPC
Advantages
- Professional-grade platform
- Advanced analysis tools
Disadvantages
- Learning curve
- Platform fees for small accounts
Charles Schwab
Trading fees
$0 for stocks and ETFs
Min deposit
$0
Platforms
StreetSmart Edge, Web Trading, Mobile App
Regulation
SEC, FINRA
Advantages
- Comprehensive trading platform
- Excellent research tools
Disadvantages
- Advanced platform learning curve
- No crypto trading
Fidelity
Trading fees
$0 for stocks and ETFs
Min deposit
$0
Platforms
Active Trader Pro, Mobile App, Web Platform
Regulation
SEC, FINRA
Advantages
- Excellent research tools
- Fractional share trading
Disadvantages
- Active Trader Pro needs improvement
- No crypto trading
Frequently Asked Questions
What is the best options trading broker in Canada in 2026?
Based on our analysis, Interactive Brokers is the top-rated options trading broker in Canada for 2026, with a 4.8/5 rating and 95/100 trust score. They are regulated by SEC, FINRA, FCA, CySEC, MAS and offer trading fees starting at $0.0005 to $0.0035 per share.
How many options trading brokers are available in Canada?
There are currently 5 regulated options trading brokers accepting traders from Canada, including Interactive Brokers, TD Ameritrade, TradeStation.
What is the minimum deposit for options trading trading in Canada?
The lowest minimum deposit among options trading brokers in Canada is $0 (Interactive Brokers). Minimum deposits range from ${minDeposit} to $0 depending on the broker and account type.
Are online brokers safe to use in Canada?
Yes, the brokers listed on our site are regulated by reputable financial authorities. For example, Interactive Brokers is regulated by SEC, FINRA, FCA, CySEC, MAS. We recommend always verifying a broker's regulatory status before opening an account.
How do we rate and compare brokers?
We evaluate brokers based on trading fees, minimum deposits, available platforms, regulatory compliance, user ratings, and trust scores. Each broker is rated on a 1-5 star scale and assigned a trust score out of 100 based on their regulatory standing and track record.