IBKR clients can trade on the Toronto Stock Exchange in an IRA as long as they have the necessary trading permission on the account.
To verify or activate, please use the button above or follow the below procedure to update your trading permissions:
- Log in to Client Portal
- Select the User menu (head and shoulders icon in the top right corner) followed by Settings
- Under Account Settings find the Trading section
- Click on Trading Permissions
- Locate Stocks section, select Add/Edit or Request under Stocks and check the box for Canada and click on CONTINUE.
- Review and sign the disclosures and agreements.
- Click CONTINUE and follow the prompts on screen.
Permissions are typically approved in 48 business hours.
Please note
- You also must convert your USD to CAD prior to placing a trade on the TSE since IRA accounts cannot hold a debit balance or margin loan. See: How do I convert currency in my Interactive Brokers (IBKR) account?
Additional Information