No margin trading is permitted in TFSA/RSP accounts. All purchases must be paid in full in the product's respective currency.
Additionally, no account debit balances are allowed. If required, a currency trade could be executed between USD and CAD.
Accounts are restricted to cash balances in CAD and USD. The TFSA/RSP 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. BondsFX conversions limited to USD.
CAD You can find information on RSP and TFSA accounts on our website.