Forex Brokers in Canada

Over the last years, the Canadian Forex Brokers that are legitimate trading service providers in Canada extends their offerings, while the regulation and authorization of the trading companies established through IIROC – Investment Industry Regulatory Organization of Canada.

Among the allured trading opportunities, the main concern is a safe trading environment and protected investment itself, which indeed possible only through the well-regulated brokers. For this reason, the role of any authority, and IIROC, in particular, is a money and traders’ protection, along with a smooth operation that is enabled according to the strict policy of the respective regulator. The Brokerage companies authorized by IIROC are following and obliged to perform a regulated operation with clients’ protection of interests, which also creates smooth competitiveness among the companies. In addition, IIROC cooperates with one of the world leading organizations Canadian Investor Protection Fund (CIPF) that compensate investors in case of the broker’s insolvency issue.

  • While the Canadian traders are not limited in their choices and able to choose most probably any broker from around the world, there are many favorable options and possibilities available through the Canadian based brokers.
  • Yet, the Canadian law structure may diverse regulation requirements according to the region that affects the brokers incorporated in Canada.
  • Due to the stability of the currency, which is a result of the Canadian economic system, the local CAD is a very popular trading instrument among the traders.
Broker Detail
alpari review Alpari
Min. Deposit: 20 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5
Regulation: SVG FSC, IFSC
Alpari Review
ForexTime FXTM review FXTM
Min. Deposit: US$200
Max. Leverage: 1:30
Trading Platforms: MT4, MT5
Regulation: CySEC,FCA, IFSC, FSCA
FXTM Review
forex.com review Forex.com
Min. Deposit: 50US$
Max. Leverage: 1:40
Trading Platforms: MT4, FOREX.com Platforms
Regulation: FCA, IIROC, ASIC, CFTC
Forex.com Review
IG Markets review IG Markets
Min. Deposit: GBP 250
Max. Leverage: 1:30
Trading Platforms: MT4, IG Proprietary
Regulation: FCA, ASIC, CFTC, FINMA, MAS, JFSA, DIFC
IG Markets Review
OANDA review OANDA
Min. Deposit: no minimum deposit
Max. Leverage: 50:1
Trading Platforms: MT4, fxTrade
Regulation: CFTC, NFA, FCA, MAS, ASIC, IIROC
OANDA Review
FXCM review FXCM
Min. Deposit: 50 US$
Max. Leverage: 1:200
Trading Platforms: MT4, Trading Station
Regulation: ASIC, FCA
FXCM Review
Interactive Brokers (IB) Review Interactive Brokers
Min. Deposit: 2000 US$
Max. Leverage: 1:40
Trading Platforms: TWS, IB WebTrader
Regulation: US SEC & CFTC, ASIC, FCA
Interactive Brokers Review
cmc markets_logo CMC Markets
Min. Deposit: 0 GBP
Max. Leverage: 1:30
Trading Platforms: CMC Web, CMC Mobile
Regulation: FCA, ASIC, FMA, IIROC, MAS
CMC Markets Review
KVB Kunlun Review KVB Kunlun
Min. Deposit: 1,000 US$
Max. Leverage: 1:200
Trading Platforms: MT4, ForexStar, KVB EFX Platform
Regulation: FSC, ASIC, FMA, MSB
KVB Kunlun Review