Margin Requirements - Canada

Stock Margin Requirements


Long Positions
  Margin Requirement
Marginable:
Only TSE, NYSE/Arca, NASDAQ, and qualified stocks* that are a constituent of eligible indices are marginable. Reg T Margin
Cash or RSP/TFSA
50% * Stock Value
100% * Stock Value
Eligible for Reduced Margin:
Canadian stocks: IIROC’s List of Securities Eligible for Reduced Margin Reg T Margin
Cash or RSP/TFSA
30% * Stock Value
100% * Stock Value
US stocks: Option Clearing Corp-listed option underlying stocks Reg T Margin
Cash or RSP/TFSA
30% * Stock Value
100% * Stock Value
Non-Marginable:
Stock price below 2 CAD Reg T Margin
Cash or RSP/TFSA
100% * Stock Value
100% * Stock Value
Stocks with Market Capitalization below 250 million USD Reg T Margin
Cash or RSP/TFSA
100% * Stock Value
100% * Stock Value
Stocks traded on Venture exchange. Reg T Margin
Cash or RSP/TFSA
100% * Stock Value
100% * Stock Value
Other:
Long and short positions same underlying stock with one leg cleared in the US and the other leg cleared in Canada. Reg T Margin
Cash or RSP/TFSA
5% * Long Stock Value
N/A


Short Positions Traded on Approved Exchanges 1
Margin
Initial Margin 50% * Stock Value

Minimum Margin >= USD 2.50 * Number of Shares
Maintenance Margin Same as Initial


Short Positions Eligible for Reduced Margin on Approved Exchanges 1
Margin
Initial Margin 30% * Stock Value

Minimum Margin >= USD 2.50 * Number of Shares
Maintenance Margin Same as Initial


All Other Short Positions including Stocks < CAD 2 and TSX Venture Exchange
Reg T Margin
Initial Margin 100% * Stock Value

Minimum Margin >= USD 2.50 * Number of Shares
Maintenance Margin Same as Initial


Additional Information
  • Accounts with equity below 2000 USD cannot use any margin.
  • For more detailed information on IB's calculation methodology and where to find margin requirement information in the TWS, see our IB Margin Overview page.
  • IB may reduce the marginability of certain securities. For more information, please refer to www.interactivebrokers.com.
  • A minimum margin requirement of 2000 USD applies to an account with short positions.
  • Portfolio Margin is not currently available to IB Canada customers.
  • IB reserves the right to change its policies without notice.

Notes:

*Stocks that are eligible for 50% margin would be stocks that are a constituent of the AEX (Netherlands), BEL 20 (Belgium), CAC40 (France), DAX 30 (Frankfurt), IBEX 35 (Spain), FTSE MIB (Italy), SMI (Switzerland), HANG SENG (Hong Kong), FTSE 100 (England), TOPIX 150 (Japan), and NIKKEI 225 (Japan).

Disclosures:

  1. Approved exchanges for Canadian residents are: TSX, NYSE, NASDAQ, AMEX, ARCA, LSE, TSE.JPN. Only TSX applies to Non-Canadian residents. To see which securities the IDA has determined are eligible for reduced margin, view this List of Securities Eligible for Reduced Margin.