Top Forex Brokers in Canada - Dec. 2023

Find the best Forex Broker for you & Start trading instantly!

Dec. 2023
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Advertiser Disclosure
Top8forexbrokers.com is an independent professional comparison site that provides users with free and valuable information on leading Forex brokers. Top8forexbrokers.com is supported by referral fees from listed companies. We do not provide a listing of each and every company in the market. We do not guarantee 100% accuracy of the information. The information which appears on this site is subject to change at any time. We aim to help users make an informed choice that best suits their particular needs.
RANK
BROKER
ADVANTAGES
MIN
DEPOSIT
SPREADS
FROM
OUR SCORE
MAX
LEVERAGE
REGULATION
SUPPORT
START
TRADING
1
Trusted by over 300,000 traders
$100
0.6 PIPs
30:1
IIROC (Canada), CBI, ASIC, FSCA, IIROC, FSA, FFA, ADGM, FRSA
Pros
  • Tight spreads
  • Multiple trading platforms on desktop, browser and mobile
  • Large selection of trading instruments
  • Regulated in many jurisdictions including IIROC (Canada)
Cons
  • No US clients accepted
Platforms & Devices
2
Deal Cancellation Within an Hour
$100
1 PIPs
30:1
CySEC, ASIC, BVI & FSC
Pros
  • CFD, Commodities, FX Pairs, Guest Account
  • Demo Account and Live Account
  • MT4 platform
  • Deal Cancellation feature 
Cons
  • Not accepting US clients
  • PayPal is not supported
Platforms & Devices
  • easyMarkets WebTrader
  • MetaTrader 4
  • easyMarkets Trading App
  • Vanilla Options Platform
3
Smooth and swift withdrawals
$100
0.0 PIPs
100:1
FCA, ASIC, CySEC, SCB
Pros
  • Segregated client funds
  • Fully regulated by ASIC and VFSC
  • Leverage of 1:30 for Australia and 1:500 for Vanuatu
  • Multiple FX pairs, indices, commodities and shares to trade
Cons
  • Limited account types
  • No promotional offers
  • Available in regulated jurisdictions only
Platforms & Devices

MetaTrader 4

MetaTrader 5

WebTrader

4
Award winning support
$100
0.0 PIPs
30:1
ASIC (Australia), CySEC
1
Trusted by over 300,000 traders
97
Excellent
2
Deal Cancellation
95
Excellent
3
Smooth and swift withdrawals
92
Great
4
Award winning support
90
Good
Advertiser Disclosure
Top8forexbrokers.com is an independent professional comparison site that provides users with free and valuable information on leading Forex brokers. Top8forexbrokers.com is supported by referral fees from listed companies. We do not provide a listing of each and every company in the market. We do not guarantee 100% accuracy of the information. The information which appears on this site is subject to change at any time. We aim to help users make an informed choice that best suits their particular needs.

Forex Trading in Canada

Canada’s proximity to the United States means that many Canadian traders invariably trade in New York or Los Angeles. However, the Canadian financial markets are sufficiently developed to provide for the needs of local and international clientele. Thanks to a diverse financial network, Canadian traders get to enjoy many favourable trading opportunities at their preferred brokers..  Read More>>

Latest Expert Reviews Summary:
"Amazing service, always providing new webinars to assist you in getting the best possible results with your future trading"
Score: 9 Written on: 15.12.2020 by Mekyle
Pros
  • Tight spreads
  • Multiple trading platforms on desktop, browser and mobile
  • Large selection of trading instruments
  • Regulated in many jurisdictions including IIROC (Canada)
Cons
  • No US clients accepted
"As a UK resident I opened an account with Blackbull to benefit from higher leverage. The opening process is different from UK but still straightforward. Trading conditions are great and I withdrew money back to my card that funded the account also with no problems"
Score: 9 Written on: 21.03.2020 by Steve Wilks
Pros
Cons
How to Choose a Forex Broker?

Top8ForexBrokers.com helps you compare and choose your preferred Forex Broker. We suggest keeping the following checklist in mind when making your decision:

  • Is the Forex Broker regulated?
  • Account Details: Ideally, your broker should offer either a selection of account types or some element of customizability. Competitive spreads and easy deposits/withdrawals are good indicators too. 
  • Number of Currency Pairs offered: The variety of currency pairs on offer, as well as the quantity, should be considered (the more of both, the better).
  • Availability of Customer Service. 
  • Quality of the Trading Platform: look for a platform that is easy to use, straightforward and offers a collection of technical and analytical tools to enhance your trading experience.