Forex Brokers in Canada

Canada Forex Brokers, are fx brokers that are regulated and offer forex and CFD trading services to the residences of Canada. The Canadian Dollar (CAD), also called the loonie, is one of the worlds top currencies. This is because Canada’s economy it is one of the most developed economies in the world. E-commerce and online business in general are booming in Canada as the infrastructure allows fast growth. As a result, forex trading is both accessible and understandable to traders at all skill levels and in most of Canada’s regions.

With the huge amount of live financial information flooding the internet, trading the financial markets was never easier. Therefore, Canada has become an attractive market for a lot of forex brokers that offer services to most regions of Canada, and in the local currency.

The interest in forex trading, or currency trading, across the global markets is growing in Canada rapidly . In order for any fx broker in Canada to accept forex and CFD traders as clients, the forex broker must become authorized by the Investment Industry Regulatory Organization of Canada (IIROC), which is the financial regulatory body in Canada.

Here is a list of Canada Forex Brokers

 

Rank
Broker
Regulation
Min. Deposit
Min. Spread
Start Trading
1
Fxtm
FCA, CySec, FSB
$5
0.1
Open Account
Review
2
Avatrade
CySec, FCA
$100
2.1
Open Account
3
Plus500
FCA, Cysec
$100

0.7
Open Account
4
Easymarkets
CySec, ASIC
$100

0.8
Open Account
5
24option
CySec
$100
2.1
Open Account
6
Markets.com
CySec,FSB
$100
1.7
Open Account
7
Etoro
CySec,FCA,ASIC
$200
0.6
Open Account
8
Ufx
CySec
$500
0.5
Open Account
9
Cityindex
FCA
$100
1.8
Open Account
10
Forex.com
FCA
$250
1.8
Open Account
11
Fxcm
FCA,ASIC,NFA
$100
1.4
Open Account
12
XM
FCA,CySec,ASIC
$100
2
Open Account
13
Exness
CySec,ASIC
$100
0.9
Open Account
14
Fbs
CySec,IFSC
$1
0.9
Open Account
15
Etx capital
FCA
$100
0.9
Open Account
16
FXPro
FCA,CySec
$100
0.7
Open Account
17
HYCM
FCA,CySec
$100
1.9
Open Account
18
IronFX
FCA,CySec
$100
2.2
Open Account
19
ATFX
FCA,CySec,ASIC
$100
0.8
Open Account
20
Alpari
FCA,CySec,IFSC
$100
0.3
Open Account
21
IQ Options
CySec
$100
1.2
Open Account
22
Libertex
CySec
$100
0.6
Open Account
23
AAA Trade
CySec
$100
0.5
Open Account
24
AETOS
CySec
$100
1
Open Account
25
Q8 trade
CMA
$100
1
Open Account