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.

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Forex Broker Min. Account Size Broker Rating Min. Position Size Payment Max. Leverage Serious Regulation Spread US
Interactive Brokers $10,000 - 0.25 1:100
  • Platforms
    • FX-Trader
    • Trader Workstation
  • Countries
    AU CA GB HK US
  • 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
    AE CA CH GB JP SG US
  • 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
    AU CA CL DE FR GB HK IL IT JP US ZA
  • 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
    CA
  • Regulation
    • IIROC
CMC Markets $1 - 0.0002 1:500
  • Platforms
    • CFD Platform
    • Spread Betting Platform
    • CFD Trader
  • Countries
    AU CA CN DE GB HK IT NZ SE SG
  • Regulation
    • FCA (UK), 173730
FXPCM (ex-PCM Brokers) $100 - 0.01 1:500
WesternFX $50 - 0.01 1:500
FinPro Trading $5 9.4 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.