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 7 brokers listed in the table below.

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Forex Broker	Min. Account Size	Broker Rating	Min. Position Size	Max. Leverage
Interactive Brokers	$10,000	-	0.25	1:100
Platforms FX-Trader Trader Workstation Countries Regulation CFTC/NFA, 0258600 FCA (UK), 208159 SEC (US), 8-47257
OANDA	$1	6.4	0.00001	1:50
Platforms MetaTrader 4 Currenex Classic Oanda Platform Web Trading NinjaTrader Countries Regulation CFTC/NFA, 0325821 FCA (UK), 54257 FSA (Japan), 1571 Kanto Local Finance Bureau (Japan), 2137
FXCM	$1	-	0.01	1:400
Platforms MetaTrader 4 MirrorTrader Active Trader ZuluTrade NinjaTrader Countries Regulation ASIC, 309763 CONSOB (Italy), 76 DMCC (Dubai), 31171 FCA (UK), 217689 ISA (Israel), 2 SFC (Hong Kong), AIM232
Questrade FX	$1,000	-	0.1	1:200
Platforms QuestradeFX PRO QuestradeFX QuestraderELITE QuestraderPRO QuestraderWEB Countries Regulation
CMC Markets	$1	-	0.0002	1:500
Platforms CFD Platform Spread Betting Platform CFD Trader Countries Regulation FCA (UK), 173730
FXPCM	$100	-	0.01	1:500
WesternFX	$25	-	0.01	1:500

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.