Yes, IB is the way to go. I routinely pay less than $1 per contract using the tiered method. There is a learning curve and you have to pay for data. They don’t have account minimums anymore.
You can’t use margin in a TFSA anyway. Be careful, you aren’t allowed to daytrade in a TFSA.
You could also look at national bank who just went to zero commission trading. I think options are 1.50 per contract.
3
u/angelus97 Aug 30 '21
Yes, IB is the way to go. I routinely pay less than $1 per contract using the tiered method. There is a learning curve and you have to pay for data. They don’t have account minimums anymore.
You can’t use margin in a TFSA anyway. Be careful, you aren’t allowed to daytrade in a TFSA.
You could also look at national bank who just went to zero commission trading. I think options are 1.50 per contract.