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Forex Brokers in Canada

Canada may not be famous as a country of origin for the biggest Forex brokers, but, nevertheless, its home to offices of many foreign exchange companies. Looser regulatory environment makes Canada an attractive home to brokers that are sought by many traders. Here you will find a list of brokers that either chose to open an office in this country or were founded here. Canadian Forex brokers are open to residents of almost every country in the world. You will find 9 brokers listed in the table below.

Forex Broker Min. Account Size Broker Rating Min. Position Size Payment Max. Leverage Regulation Spread US
Ajax Financial $500 10 0.1   1:100   
Platforms
  • MT4-ECN
  • Currenex Classic
  • Currenex Viking
  • Avalon FX Pro
Regulation
  • FINTRAC (Canada)
  • OBSI (Canada), 198968500
Countries CA 
CMC Markets £200 - 1    1:100   
Platforms
  • CFD Platform
  • Spread Betting Platform
Regulation
  • FCA (UK), 173730
Countries AU CA CN DE GB HK IT NZ SE SG 
IamFX $100 - 0.01      1:400   
Platforms
  • MetaTrader 4
  • MirrorTrader
Regulation
  • FSC (BVI), SIBA/L/11/0964
Countries CA PA 
Interactive Brokers $10,000 - 0.25    1:100   
Platforms
  • FX-Trader
  • Trader Workstation
Regulation
  • CFTC/NFA
  • FCA (UK)
  • SEC (US), 8-47257
Countries AU CA GB HK US 
InvestTechFX $100 - 0.01     1:500   
Platforms
  • MetaTrader 4
  • ZuluTrade
Countries CA 
OANDA $1 5.5 0.00001      1:50   
Questrade FX $1,000 - 0.1    1:200   
SmartTradeFX $100 - 0.01    1:200   
Velocity Trade $1,000 - 0.01      1:200   

When you are to choose a broker by its location, these reasons may turn your attention towards a Canadian one:

  • You reside in Canada. You will get better and faster service from a local company.
  • Due to some complicated rationalization you believe that the Canadian FX regulatory laws will be good for your currency trading.


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