Canadian Residents Restricted From Programmatically Trading Canadian Products

Interactive Brokers Canada Inc. (IBC) does not allow users to use your own trading application to electronically submit order for products traded on a Canadian exchange or other marketplace through API, which would include Third Party Integrations. This decision was made through multiple and extensive communications between IBC compliance and personnel and senior management of the Canadian Investment Regulatory Organization (CIRO), formerly the Investment Industry Regulatory Organization of Canada (IIROC), our self-regulatory organization.

CIRO has implemented IIROC Dealer Member Rule (DMR) 3200 A. 1. (b) (i) which prohibits CIRO registrants, including IBC, from allowing its clients to use their own automated order systems to generated orders.

Unfortunately, these restrictions would be also applicable with third-party applications like TradingView, NinjaTrader, or other such groups as they use an API connection.