Canadians don’t trade Forex?
Unlike in the U.S., Canadian Forex industry doesn’t seem to be overly active. While Canadians are most certainly speculating financial markets like the FX market, there are only a few native Canadian Forex brokers representing the industry.
Canadian Forex brokers are not required to register anywhere except for completing a regular business registration for taxation purposes in their own country.
Forex brokers available to traders in Canada:
Rank
Broker
Special Offer
Min Deposit
Spreads From
Max Leverage
Regulations
Support
Start Trading
1
No commissions
$50
0.8 PIPs
30:1
CIMA, NFA, CFTC, FCA, IIROC, ASIC, FFA Japan, MAS, SFC of Hong Kong
Forex trading involves significant risk of loss and is not suitable for all investors.
1
Spreads From 0.8 PIPs
Max Leverage 30:1
Min Deposit $50
2
Spreads From 0.8 PIPs
Max Leverage 500:1
Min Deposit $10
3
Spreads From 0.1 PIPs
Max Leverage 30:1
Min Deposit $250
4
Spreads From 1.2 PIPs
Max Leverage 500:1
Min Deposit $10
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
5
Spreads From 0.5 PIPs
Max Leverage 30:1
Min Deposit $200
Did we miss any Canadian Forex broker?
Please suggest by adding a comment below.
