Canadian Forex Brokers
★ 4.6
Founded: 2009
Key Features
Min. Deposit: $250
Spread from: 0.8 pips
Leverage: 1:50
Support: 24/5 Multilingual
Platforms:
MT4, MT5, Proprietary Platform
Regulation:
IIROC, CSA
Canadian Forex brokers operate under strict regulatory oversight from the Investment Industry Regulatory Organization of Canada (IIROC) and Canadian Securities Administrators (CSA), ensuring high standards of investor protection.
Trading Environment
Canadian brokers typically offer a conservative trading environment with lower leverage limits compared to offshore brokers, but this is balanced by strong regulatory protection and reliable trade execution.
Available Markets
Most Canadian forex brokers provide access to:
- Major and minor currency pairs
- Stock CFDs (both Canadian and international)
- ETFs and indices
- Commodities
- Limited cryptocurrency offerings
Client Protection
IIROC-regulated brokers must:
- Keep client funds in segregated accounts
- Maintain adequate capital requirements
- Provide negative balance protection
- Report regular financial statements
- Participate in the Canadian Investor Protection Fund (CIPF)
Trading Instruments
Forex
CFDs
Stocks
ETFs
Options
Advantages
- • Strong regulatory oversight
- • Local support team
- • Advanced research tools
- • Multiple account types
Limitations
- • Lower leverage limits
- • Limited cryptocurrency offerings
- • Higher minimum deposit
Related Brokers
OANDA
XM
Pepperstone
Last updated: January 5, 2025