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Margin Accounts1
Account Highlights
leverage the value in your portfolio to boost buying power.
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A fully loaded account.
Margin accounts allow the use of advanced strategies, helping you to react quickly to market opportunities in Canada and the U.S. that you may have otherwise missed. -
A powerful borrowing tool.
It allows you to borrow against value in the securities you already own to make additional investments.
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Trade competitively – with competitive rates.
Benefit from competitive margin interest rates.
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Next-level trading strategies and platforms.
Access to sophisticated investment strategies, including option trades and short selling.
What types of trades can be placed using a Margin account?
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Stocks
Trade on Canadian and US markets, including TSX, NASDAQ, and NYSE -
Mutual Funds
Invest in Canadian and US mutual funds, including D-Series and TD e-Series Funds® -
ETFs
Equity, bond or commodity exchange-traded funds.
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Options
Execute the most complex available strategies exclusively in margin accounts. Trading available in Canadian and US markets.
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Fixed Income
Selected investments include bonds and other fixed-income products. -
GICs
Secure investments that promise a defined amount at the end of their term.
How does a Margin account differ from a Cash account?
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Margin Accounts |
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What are the available investment types? |
Stocks, mutual funds, ETFs, fixed income and Options |
Stocks, mutual funds, ETFs and fixed income |
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Can I buy securities using leverage? |
Yes |
No |
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Can I trade options? |
Yes |
No |
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Is short selling permitted? |
Yes |
No |
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Can I trade with thinkorswim? |
Yes |
No |
Is a margin account right for me?
Leveraged trades are not for everyone. Along with the potential for greater returns, using borrowed money to finance the purchase of securities involves greater risk than using cash resources only. If you borrow money to purchase securities, your responsibility to repay the loan and any interest remains the same, even if the value of the securities purchased declines. An investment strategy that uses borrowed money can result in greater losses than one that uses cash.
A TD Direct Investing Cash Account may be the right choice for you. Be guided by your risk tolerance and only trade with funds you can afford to lose.
Margin Requirements
When trading on margin, you borrow money against the securities you already own to buy additional securities. Review our margin rates in Margin Requirements & Concentration Guidelines. or visit our margin centre
Securities with Increased Margin
The loan values of some securities may change. Please see our list of Securities with Increased Margin
Open an account online – it's fast and easy
Whether you're new to self-directed investing or an experienced trader, we welcome you.