FOREX BROKERS LIST IN CANADA

Forex

Are you a forex investor looking for a roster of good Canadian forex brokers? Then, this writing is just right for you. Below is a compilation of registered forex brokers operating in Canada to help you choose the best in the markets.

Online forex trading is a popular investment in Northern America, particularly in Canada. Every Fx broker is regulated and provides services to the residents of Canada. Canada’s currency, the Canadian dollar, or commonly called “loonie,” is among the top currencies in the foreign exchange markets.

Forex

But before any Fx broker in Canada can operate a forex brokerage 'legitimately,' the Investment Industry Regulatory Organization of Canada (IIROC) must license them and approve them. The company was established as a non-profit corporation on 1 June 2008 as part of the restructuring of the Investment Dealers Association of Canada (IDA) and Market Regulation Services Inc.(RS)

Forex

Choosing an Fx broker operating in Canada is challenging as legions of forex brokers are available online. More so, the Canadian law for financial entities is lenient by allowing unregulated brokers to join the markets and get users to trade using their platforms. Hence, knowing some of the regulated forex brokers in Canada is a good head start.

This list will also shed light on investors about forex brokers in Canada that provide the optimum trading capabilities along with top tier customer service. This way, investors can compare one forex broker to another in terms of featuring the best trading platforms and trading conditions.

Read on the list and choose your best Canada-based forex broker and start your forex trading career the right way with the right broker.

Best Forex Brokers in Canada

Broker

Description

Min Deposit

Rating

Trade Now

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Leverage is 1:200
Spreads starting with 0.1 pips
★★★★★ Review
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Regulation: ASIC
Leverage: 1:500
Spreads: Low as 0.0 pips
$200★★★★★ Review

Regulation: CySEC,FCA,ASIC
Leverage: 1:500
Spreads: Low as 0.1 pips
$5★★★★★ Review

Regulation: CySEC,FCA,ASIC
Leverage: 1:30
Spreads: Variable
$200★★★★ Review

Regulation: ASIC
Leverage: 1:500
Spreads: Low as 0.0 pips
$200★★★★★ Review

Regulation: ASIC,JFSA,FSCA
Leverage: 1:400
Spreads: Floating from 1 pip
$250★★★★ Review