Trading on margin is not permitted in a Future House Saving Account (FHSA) with all purchases paid in full in respective currencies. Accounts are restricted to cash balances in CAD and USD and currency trades are allowed between USD and CAD.
The FHSA account is allowed to trade the following qualified investments
- Stocks listed on designated US and Canadian exchanges (excluding Venture-NEX segment and CSE single listed stocks);
- Long equity call options;
- Long equity put options;
- Short equity call options with a fully covered position (covered call);
- Long equity put options with a fully covered position (protective put);
- Long put/call options on indices;
- Warrants/Rights if the underlying asset acquired under the right to purchase is a qualified investment;
- U.S. Bonds;
- FX conversions limited to USD/CAD.