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Options

Canada’s only $0 options trading platform

Get speed, control, and advanced strategies, all for $0. Start trading in minutes.

Buy and sell options for $0

It’s true. We’re the first and only options trading platform in Canada with no commissions or contract fees — so you keep more of what’s yours.

Unlock advanced strategies

Coming soon: Take control of your market outlook with secured puts and multi-leg option strategies like vertical spreads, calendar spreads, and more.

Intuitive trading experience

Whether you trade on web or mobile (or both), our platform is designed to bring you more speed, insight, and control.

Powerful trading at your fingertips

Our platform’s built to react to market movements with agility so you don’t miss out on potential gains. Consider it your trading command centre.

Stream quotes in real time

Your options chain updates instantly with real-time market data. No more missed opportunities.

Trade faster with smart workflows

Stay on top of trades with rolling options, auto-sell, and order editing — all while reducing friction and errors.

Build advanced strategies

Coming soon: Pick pre-built strategies for bullish, bearish, or neutral outlooks. Then, visualize your profits, losses, or break-even points.

Sophisticated strategies for smart investors

Execute your options strategy, no matter how simple or complex. Secured puts and multi-leg strategies coming soon.

The lowest fees in Canada

Wealthsimple
TD Bank
Questrade
IBKR
Commission fees$0$9.99$0$0
Contract fees$0$1.25$0.15—$0.99$0.25—$0.65 ($1 minimum)

This chart compares Wealthsimple’s options features to those of other top brokers in Canada, based on the standard online commission rate as of Oct 14, 2025. The rates are based on the following trading profiles: traders making <150 trades per quarter for TD Bank, and traders with a monthly volume of options contracts ≤10,000 for IBKR. All information provided is for illustration purposes only and actual fees from individual financial institutions may vary.

Plus, stay tuned for
secured putsNovember 2025
secured putsNovember 2025
short iron condorlate 2025
short iron butterflylate 2025
long butterflylate 2025
long condorlate 2025
uncovered (naked) calls and putsearly 2026
secured putsNovember 2025
short iron condorlate 2025
short iron butterflylate 2025

Opt in to advanced trading

Secured puts, multi-leg strategies, and more. All for $0.

FAQs

What option trading strategies do you currently support?

We support covered calls, secured puts, and multi-leg strategies (like vertical and calendar spreads). Learn more about our options trading strategies here.

What account types can I use for options trading?

Long calls, long puts, and covered calls are allowed in margin accounts or registered accounts (such as TFSA, RRSP, and more). All other strategies can only be placed in a margin account.

FYI: There are tax implications when trading from specific account types. Make sure you know those details before you start trading — learn more about enabling options in your investing account here.

What stocks or ETFs are available for options trading?

We currently offer options trading on thousands of U.S. stocks and ETFs across the NYSE and NASDAQ exchanges.

Is options trading available on desktop?

Yes, you can trade all options on the mobile app and on desktop — whichever you prefer.

I need a bit more info. Where can I learn more about how options trading works in Canada?

Good on you. It’s always a smart idea to do extra research on new investing strategies before diving in. 

If you’re the learn-by-doing type, our app provides step-by-step education to help you understand calls, puts, strike prices, expiry dates, and more. That way, you can trade options with more confidence.

If you’re more of a reader, we’ve put together a helpful options trade resource that covers everything from key terms, how options trading works and risks involved.

Are you actually Canada’s only $0 options trading platform?

You know it. There are no commission or contract trading fees to trade options with us. As of October 22nd, 2025, it’s the only $0 options trading platform in Canada, as compared with all Canadian order-executions-only investment dealers regulated by CIRO that offer options trading.

In some cases, there may be additional fees to consider, such as exercise fees or foreign exchange fees (if you don’t have a USD account). For more information, please see our Trade Fee Disclosure.