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 8 brokers listed in the table below.
| Forex Broker | Min. Account Size | Broker Rating | Min. Position Size | Payment | Max. Leverage | Serious Regulation | Spread | US |
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| Interactive Brokers | $10,000 | - | 0.25 | 1:100 | ||||
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| OANDA | $1 | 6.4 | 0.00001 | 1:50 | ||||
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| FXCM | $1 | - | 0.01 | 1:400 | ||||
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| Questrade FX | $1,000 | - | 0.1 | 1:200 | ||||
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| CMC Markets | £200 | - | 0.0002 | 1:500 | ||||
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| FXPCM (ex-PCM Brokers) | $100 | - | 0.01 | 1:500 | ||||
| WesternFX | $50 | - | 0.01 | 1:500 | ||||
| FinPro Trading | $5 | 7.8 | 0.01 | 1:300 | ||||
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.