Interactive Brokers Canada (IBKR Canada) is a powerful, low‑cost, technology-driven international brokerage platform offering direct market access across global asset classes—tailored for active traders and global investors who want deep markets coverage and sophisticated tools.
Our Rating
4.9/5
Institution
Interactive Brokers Canada
Welcome Offer
N/A
Rates and Fees
- Stock trades: $0.0005 - $0.0035 per share variable (min $1.00, max 0.5% of trade value)
- Options: $0.15 - $1.50 per contract variable (depends on price and monthly volume)
- Interest rates: Variable depending on market and account; full schedule available via IBKR’s calculator tool
- CIPF protection and CIRO regulation applied
- For all commission rates, see here.
Eligibility
- Open to Canadians
- Referral program available: Canadians referring friends earn USD 200 when referred clients deposit + maintain USD 10,000 for 1 year; referred client may get up to USD 1,000 in IBKR stock—but Canadian residents are not eligible to receive the IBKR stock bonus themselves
Features & Description
- Fully regulated by CIRO and covered by CIPF for investor protection
- Offers direct market access to a wide range of global assets: stocks, options, futures, forex, bonds, ETFs, mutual funds, crypto, precious metals, commodities, and more
- Account types supported: Individual, Joint, Trust (formal/informal), Registered (TFSA, RRSP, Spousal RRSP), and Advisor-managed structures
- Platforms: Highly advanced desktop Trader Workstation (TWS), web platform, mobile app; includes advanced charting, scanners, algo tools, API access
- Global reach: Access to over 160 markets across 36 countries, multi-currency accounts
- Low-cost pricing model: Per-share and per-contract fees, with competitive margin rates and transparency
- Sophisticated tools and institutional-grade features make it suitable for professional traders and serious self-directed investors
Legal
Refer to IBKR's website for full details.