CenterPoint Securities

CONFIRMED Canada-direct — and now the closest legal replica of Cobra for a QC resident. Runs a dedicated CIRO-regulated Canadian entity (centerpointsecurities.ca) currently accepting only Canadian-resident accounts; complies with CIRO rules and offers reduced margin on CIRO's eligible-securities list. Crucially it supports DAS Trader Pro (base $0.0045/share) — the actual DAS locate experience Venom can't give — plus the in-house securities-lending desk and 8,000+ ETB list that make it the low-float/micro-cap locate king. Frictions: $30k min; market-data bundles ~$63–148/mo (platform fee waived at ~250k sh/mo); DAS desktop is Windows-only (web/mobile exist, or run Windows in a VM on ym2). Net: top pick if you have the capital and want Cobra-grade locates legally as a Canadian.