Forex brokers based in Canada

Canada forex brokers or more commonly known as Canadian fx brokers are licensed and regulated brokerage companies that provide foreign exchange trading solutions to Canadian citizens. Forex traders are equipped with optimum trading experience through the help and services of these Canada-based fx brokers.

” Canada’s fx traders are given the most favorable setting, as the Canadian dollar is highly regarded in the financial world.

Inline, forex traders within the country are armed with countless advantages and opportunities as Canada is one of the most established economies across the globe, with electronic commerce and web business being the foundation of such.  With all these advantages within Canada’s forex market, forex trading is made efficient and flexible to traders, whether a newbie or a professional one. 

Popular Brokers

With a high volume of real-time information dominating cyberspace, trading in financial markets became more efficient and convenient. Due to this kind of set-up, Canada transitioned into becoming a harbor for forex brokers that render solutions to the majority of its regions.

 

Forex trading continuously acquires recognition in the Northern part of America. For any Canada-based brokerage to operate, they must be accredited and authorized under the Investment Industry Regulatory Organization of Canada (IIROC), which governs any financial entity in the country. 

IIROC is Canada’s regulatory body that polices financial networks. It was first established back in 2008 as a non-commercial corporation and as another leg of the Investment Dealers Association of Canada (IDA) and the Market Regulation Services Inc. (RS). With this, IIROC is an acclaimed authority acknowledged by Canadian Securities Administrators (CSA). 

 

Canada forex brokers list

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    PowerTrend

    Regulation: IFMRRC
    Min Deposit: $500
    Leverage: 1:200
    Spreads: Variable
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    BDSwiss

    Regulation: CySEC,FCA,ASIC
    Min. Deposit: $/€/£ 200
    Leverage: 1:30
    Spreads: Variable
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    FP Markets

    Regulation: CySEC, BVI FSC
    Min. Deposit: 10 US$
    Leverage: 2:00
    Platforms: MT4
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    FXDD

    Regulation: CySEC, BVI FSC
    Min. Deposit: 1 US$
    Leverage: 1:50
    Platforms: MT4, MT5
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    LiteForex

    Regulation: CySEC, BVI FSC
    Min. Deposit: 1 US$
    Leverage: 1:70
    Platforms: NetTradeX, MT5
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    LMFX

    Regulation: CySEC, BVI FSC
    Min. Deposit: 1 US$
    Leverage: 1:70
    Platforms: NetTradeX, MT5
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    Interactive Brokers

    Regulation: Swedish FSA
    Min. Deposit: 150 US$
    Max. Leverage: 1:30 | 1:100
    Trading Platforms: Currenex, cTrader, MT4
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    Questrade FX

    Regulation: Swedish FSA
    Min. Deposit: 100 US$
    Max. Leverage: 1:30 | 1:100
    Trading Platforms: Currenex, cTrader, MT4
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    RoboForex

    Regulation: Swedish FSA
    Min. Deposit: 1000 US$
    Max. Leverage: 1:30 | 1:100
    Trading Platforms: Currenex, cTrader, MT4
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    Umarkets

    Regulation: Swedish FSA
    Min. Deposit: 1000 US$
    Max. Leverage: 1:30 | 1:100
    Trading Platforms: Currenex, cTrader, MT4
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    Lexatrade

    Regulation: Swedish FSA
    Min. Deposit: 100 US$
    Max. Leverage: 1:30 | 1:100
    Trading Platforms: Currenex, cTrader, MT4
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    NDAX crypto

    Regulation: Swedish FSA
    Min. Deposit: 1000 US$
    Max. Leverage: 1:30 | 1:100
    Trading Platforms: Currenex, cTrader, MT4
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    Velocity Trade

    Regulation: Swedish FSA
    Min. Deposit: 500 US$
    Max. Leverage: 1:30 | 1:100
    Trading Platforms: Currenex, cTrader, MT4
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    FBS Review

    Regulation: CySEC, BVI FSC
    Min. Deposit: 1 US$
    Leverage: 1:70
    Platforms: NetTradeX, MT5
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    iTrader review

    Regulation: CySEC, BVI FSC
    Min. Deposit: 10 US$
    Leverage: 2:00
    Platforms: MT4
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    Pepperstone

    Regulation: KYC, ASIC, CySEC
    Min. Deposit: 50 US$
    Leverage: 1:25
    Platforms: MT4, MT5
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    Finexo Review

    Regulation: CySEC, BVI FSC
    Min. Deposit: 1 US$
    Leverage: 1:50
    Platforms: MT4, MT5
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    Binance

    Regulation: KYC, AML
    Min. Deposit: 1.5 EUR
    Leverage: 1:50
    Platforms: MT4, MT5
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    Plus500

    Regulation: KYC, AML, CySEC
    Min. Deposit: 100 US$
    Leverage: 1:50
    Platforms: MT4, MT5
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    FX Choice

    Regulation: KYC, ASIC, CySEC
    Min. Deposit: 100 US$
    Leverage: 1:40
    Platforms: MT4, MT5
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    AxiTrader

    Regulation: KYC, CySEC
    Min. Deposit: 5$
    Leverage: 1:50
    Platforms: MT5
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    IFC Markets Review

    Regulation: CySEC, BVI FSC
    Min. Deposit: 1 US$
    Leverage: 1:30
    Platforms: NetTradeX, MT4, MT5
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    XM GROUP Review

    Regulation: CySEC,FCA,ASIC
    Min. Deposit: $/€/£ 5
    Leverage: 1:500
    Spreads: Low as 0.1 pips
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    Etoro Review

    Regulation: CySEC,FCA,ASIC
    Min. Deposit: $/€/£ 200
    Leverage: 1:30
    Spreads: Variable
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    FXCM Review

    Regulation: CySEC,FCA,ASIC
    Min. Deposit: $/€/£ 5
    Leverage: 1:500
    Spreads: Low as 0.1 pips
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    Avatrade Review

    Regulation: ASIC,JFSA,FSCA
    Min. Deposit: $/€/£ 250
    Leverage: 1:400
    Spreads: Floating from 1 pip