Forex Brokers Canada | Best Forex Brokers for Canadian Clients
List of the best forex brokers accepting Canadian clients in 2021, sorted by user ratings. Compare each broker's pricing ratings, based on the overall cost of trading (including spread and commissions), and find out what is the minimum deposit amount required to open a trading account. Verify the available funding methods (including the most popular e-payment solutions) and the availability of trading platforms (including the popular MT4, MT5, cTrader). Compare the available trading account currencies of each broker, check out each broker's execution model (ECN, STP, MM) and the asset classes (including commodities, fx and cryptos) available for trading.
| Broker | Category | Regulation | Overall rating | User rating | Pricing rating | Regulatory rating | Popularity | Minimum deposit | Maximum leverage | Rebate options | Funding Methods | Trading platforms | Year Founded | Cent accounts | Negative balance protection | MAMM/PAMM | Social trading | Regulatory deposit insurance | Islamic accounts (swap-free) | Accepts Canadian clients | Accepts Japanese clients | Scalping allowed | Account currency | Execution model | Mobile platform | Asset classes | Languages | Trading API | Trailing stops | Bonuses | Interest on margin | Fixed spread | Variable spread |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
 AAAFx |
Forex Brokers
Cryptocurrency Brokers
|
Greece - EL HCMC
|
3.8
Good
|
4.2
Good
|
4.0
Good
|
4.0
Good
|
3.0
Average
|
300 | 30 |
Monthly Cash Back
|
MT4
Proprietary
|
2012 |
NDD/STP
|
MT4 Mobile
|
Forex
Indices
Oil/Energies
Cryptocurrencies
Metals
|
||||||||||||||||||
 Admirals (Admiral Markets) |
Forex Brokers
|
Australia - AU ASIC
|
4.5
Excellent
|
4.0
Good
|
5.0
Excellent
|
5.0
Excellent
|
4.0
Good
|
100 | 30 |
Monthly Cash Back
|
MT4
WebTrader
MT5
|
2001 |
AUD
EUR
GBP
SGD
USD
|
MM
|
MT4 Mobile
MT5 Mobile
|
Forex
Indices
Oil/Energies
Metals
|
|||||||||||||||||
 AvaTrade |
Forex Brokers
Cryptocurrency Brokers
|
Australia - AU ASIC
Ireland - IE CBI
|
3.8
Good
|
4.3
Good
|
3.0
Average
|
5.0
Excellent
|
3.0
Average
|
100 | 400 |
Monthly Cash Back
|
MT4
MT5
|
2006 |
AUD
EUR
GBP
JPY
USD
|
MM
|
MT4 Mobile
|
||||||||||||||||||
 Axi |
Forex Brokers
|
United Kingdom - UK FCA
United Arab Emirates - AE DFSA
|
4.6
Excellent
|
4.4
Good
|
5.0
Excellent
|
5.0
Excellent
|
4.0
Good
|
0 | 500 |
Monthly Cash Back - Real Time Reports
Monthly Cash Back
|
MT4
WebTrader
|
2007 |
STP
|
MT4 Mobile
|
Forex
Indices
Oil/Energies
Metals
|
||||||||||||||||||
 Axiory |
Forex Brokers
|
Belize - BZ IFSC
|
2.0
Below Average
|
3.0
Average
|
2.0
Below Average
|
3.0
Average
|
50 | 777 |
Monthly Cash Back
|
MT4
cTrader
|
2012 |
EUR
USD
|
MM
STP
|
MT4 Mobile
cTrader Mobile
|
Forex
Indices
Oil/Energies
Metals
|
||||||||||||||||||
 BDSwiss |
Forex Brokers
|
Cyprus - CY CYSEC
Seychelles - SC FSA
|
3.1
Average
|
4.0
Good
|
5.0
Excellent
|
3.5
Good
|
0 | 1000 |
Monthly Cash Back
|
MT4
MT5
WebTrader
|
2012 |
MM
STP
NDD
|
MT4 Mobile
MT5 Mobile
|
Forex
Shares
Indices
Oil/Energies
Metals
|
|||||||||||||||||||
 Exness |
Forex Brokers
Cryptocurrency Brokers
|
Seychelles - SC FSA
|
3.5
Average
|
4.8
Excellent
|
4.0
Good
|
2.0
Below Average
|
3.0
Average
|
1 | 2000 |
Direct to broker account (Daily)
Monthly Cash Back
|
MT4
MT5
|
2008 |
MM
|
MT4 Mobile
MT5 Mobile
|
Forex
Shares
Indices
Oil/Energies
Cryptocurrencies
Metals
|
||||||||||||||||||
 ForexTime / FXTM |
Forex Brokers
|
Cyprus - CY CYSEC
United Kingdom - UK FCA
Mauritius - MU FSC
|
4.1
Good
|
4.5
Excellent
|
3.5
Good
|
5.0
Excellent
|
3.5
Good
|
50 | 2000 |
Monthly Cash Back
|
MT4
WebTrader
MT5
|
2012 |
EUR
GBP
USD
NGN
|
MM
ECN
|
MT4 Mobile
|
Forex
Shares
Indices
Oil/Energies
Metals
|
|||||||||||||||||
 FP Markets |
Forex Brokers
|
Australia - AU ASIC
|
4.5
Excellent
|
4.5
Excellent
|
4.5
Excellent
|
5.0
Excellent
|
4.0
Good
|
100 | 500 |
Spread or commission reduction
Monthly Cash Back
|
MT4
MT5
WebTrader
|
2005 |
ECN/STP
|
MT4 Mobile
MT5 Mobile
|
Forex
Metals
|
||||||||||||||||||
 Friedberg Direct |
Forex Brokers
|
Canada - CA IIROC
|
4.0
Good
|
4.0
Good
|
4.0
Good
|
5.0
Excellent
|
3.0
Average
|
50 | 50 |
Monthly Cash Back
|
Bank Wire
Credit Card
|
MT4
Proprietary
|
2012 |
CAD
USD
|
MM
STP
|
MT4 Mobile
Proprietary
|
Forex
|
English
|
|||||||||||||||
 FXCM Markets |
Forex Brokers
|
|
4.1
Good
|
4.4
Good
|
4.0
Good
|
5.0
Excellent
|
3.0
Average
|
50 | 400 |
Monthly Cash Back
|
Bank Wire
China Union Pay
Credit/Debit Card
Neteller
Skrill (Moneybookers)
|
Proprietary
MT4
WebTrader
|
1999 |
USD
|
MM
NDD
|
Proprietary
MT4 Mobile
|
Forex
|
||||||||||||||||
 FXDD Trading |
Forex Brokers
|
|
4.1
Good
|
4.2
Good
|
4.0
Good
|
4.0
Good
|
4.0
Good
|
0 | 500 |
Monthly Cash Back
|
Bank Wire
China Union Pay
Neteller
|
MT4
MT5
WebTrader
|
2002 |
EUR
JPY
USD
|
MM
ECN/STP
|
MT4 Mobile
|
Forex
Oil/Energies
|
||||||||||||||||
 FxOpen |
Forex Brokers
Cryptocurrency Brokers
|
|
4.7
Excellent
|
4.1
Good
|
5.0
Excellent
|
5.0
Excellent
|
4.5
Excellent
|
10 | 500 |
Monthly Cash Back
|
MT4
MT5
WebTrader
|
2005 |
ECN/STP
|
MT4 Mobile
MT5 Mobile
|
Forex
Indices
Oil/Energies
Cryptocurrencies
|
||||||||||||||||||
 FxOpen AU |
Forex Brokers
|
Australia - AU ASIC
|
4.7
Excellent
|
4.1
Good
|
5.0
Excellent
|
5.0
Excellent
|
4.5
Excellent
|
10 | 30 |
Monthly Cash Back
|
Bank Wire
Credit/Debit Card
Webmoney
Local Bank Transfer
|
MT4
MT5
WebTrader
|
2010 |
ECN
STP
|
MT4 Mobile
MT5 Mobile
|
Forex
|
English
Portuguese
Spanish
|
||||||||||||||||
 FxOpen UK |
Forex Brokers
|
United Kingdom - UK FCA
|
4.7
Excellent
|
4.1
Good
|
5.0
Excellent
|
5.0
Excellent
|
4.5
Excellent
|
300 | 30 |
Monthly Cash Back
|
Bank Wire
Credit/Debit Card
Webmoney
Trustly
|
MT4
MT5
WebTrader
|
2013 |
EUR
GBP
USD
|
ECN
STP
|
MT4 Mobile
MT5 Mobile
|
Forex
|
Chinese
English
German
Russian
Spanish
|
|||||||||||||||
 FxPrimus |
Forex Brokers
|
Cyprus - CY CYSEC
Vanuatu - VU VFSC
|
4.0
Good
|
4.4
Good
|
3.5
Good
|
5.0
Excellent
|
3.0
Average
|
100 | 1000 |
Monthly Cash Back
|
MT4
WebTrader
|
2009 |
EUR
GBP
PLN
SGD
USD
ZAR
|
STP
|
MT4 Mobile
|
Forex
Indices
Oil/Energies
Metals
|
|||||||||||||||||
 FxPro |
Forex Brokers
Cryptocurrency Brokers
|
Cyprus - CY CYSEC
United Kingdom - UK FCA
South Africa - ZA FSCA
Bahamas - BS SCB
|
4.7
Excellent
|
4.4
Good
|
4.5
Excellent
|
5.0
Excellent
|
5.0
Excellent
|
100 | 500 |
Monthly Cash Back
|
Bank Wire
China Union Pay
Credit/Debit Card
Neteller
Paypal
Skrill (Moneybookers)
|
MT4
WebTrader
cTrader
MT5
|
2006 |
NDD
|
MT4 Mobile
cTrader Mobile
MT5 Mobile
|
||||||||||||||||||
 Global Prime |
Forex Brokers
|
Australia - AU ASIC
Seychelles - SC FSA
|
4.0
Good
|
4.6
Excellent
|
4.5
Excellent
|
4.0
Good
|
3.0
Average
|
200 | 100 |
Commission reduction
Monthly Cash Back - Real Time Reports
|
MT4
|
2010 |
AUD
CAD
EUR
GBP
SGD
USD
|
ECN
|
MT4 Mobile
|
Forex
Metals
|
English
Portuguese
Thai
|
||||||||||||||||
 HotForex |
Forex Brokers
Cryptocurrency Brokers
|
South Africa - ZA FSCA
|
4.7
Excellent
|
4.2
Good
|
4.5
Excellent
|
5.0
Excellent
|
5.0
Excellent
|
5 | 1000 |
Direct to broker account (After $5)
Monthly Cash Back
|
MT4
MT5
WebTrader
|
2010 |
EUR
USD
|
MM
|
MT4 Mobile
MT5 Mobile
|
Forex
Shares
Indices
Oil/Energies
Cryptocurrencies
Metals
|
|||||||||||||||||
 IC Markets |
Forex Brokers
|
Seychelles - SC FSA
|
4.9
Excellent
|
4.7
Excellent
|
5.0
Excellent
|
5.0
Excellent
|
5.0
Excellent
|
200 | 500 |
Spread or commission reduction
Monthly Cash Back - Real Time Reports
Monthly Cash Back
|
MT4
MT5
WebTrader
cTrader
|
2007 |
ECN
|
MT4 Mobile
cTrader Mobile
|
Forex
Metals
|
||||||||||||||||||
 InstaForex |
Forex Brokers
Cryptocurrency Brokers
|
|
3.9
Good
|
3.6
Good
|
3.0
Average
|
5.0
Excellent
|
4.0
Good
|
1 | 1000 |
Paid direct to your broker account
|
MT4
MT5
|
2007 |
EUR
RUB
USD
|
MM
|
MT4 Mobile
|
||||||||||||||||||
 LiteForex |
Forex Brokers
Cryptocurrency Brokers
|
|
4.3
Good
|
4.5
Excellent
|
4.0
Good
|
5.0
Excellent
|
3.5
Good
|
0 | 1000 |
Monthly Cash Back
|
MT4
MT5
Proprietary
|
2005 |
CHF
EUR
RUB
USD
|
MM
ECN
|
MT4 Mobile
MT5 Mobile
|
Forex
Shares
Indices
Oil/Energies
Cryptocurrencies
Metals
|
|||||||||||||||||
 MyFxMarkets |
Forex Brokers
|
Mauritius - MU FSC
|
3.0
Average
|
4.0
Good
|
3.0
Average
|
2.0
Below Average
|
3.0
Average
|
200 | 500 |
Monthly Cash Back - Real Time Reports
|
Bank Wire
Credit Card
|
MT4
|
2013 |
ECN/STP
|
MT4 Mobile
|
Forex
|
Chinese
English
Japanese
|
||||||||||||||||
 Orbex |
Forex Brokers
|
Mauritius - MU FSC
|
3.5
Good
|
3.0
Average
|
3.0
Average
|
5.0
Excellent
|
3.0
Average
|
200 | 500 |
Monthly Cash Back
|
Bank Wire
FasaPay
Neteller
Skrill (Moneybookers)
Webmoney
|
MT4
|
2010 |
EUR
GBP
PLN
USD
|
NDD
|
MT4 Mobile
|
Forex
Indices
Oil/Energies
Metals
|
||||||||||||||||
 Pepperstone |
Forex Brokers
|
Australia - AU ASIC
United Kingdom - UK FCA
United Arab Emirates - AE DFSA
Bahamas - BS SCB
|
4.5
Good
|
4.4
Good
|
4.5
Excellent
|
5.0
Excellent
|
4.0
Good
|
200 | 500 |
Direct to broker account (Daily)
Monthly Cash Back
|
cTrader
MT4
MT5
|
2010 |
ECN/STP
|
MT4 Mobile
MT5 Mobile
|
Forex
|
||||||||||||||||||
 RoboForex |
Forex Brokers
|
Cyprus - CY CYSEC
Belize - BZ IFSC
|
4.9
Excellent
|
4.6
Excellent
|
5.0
Excellent
|
5.0
Excellent
|
5.0
Excellent
|
0 | 1000 |
Direct to broker account (Daily)
Monthly Cash Back
|
MT4
MT5
cTrader
Proprietary
|
2009 |
EUR
GLD
USD
CNY
|
STP DMA
|
MT4 Mobile
MT5 Mobile
Proprietary
|
Forex
Indices
Metals
ETFs
|
|||||||||||||||||
 ThinkMarkets |
Forex Brokers
Cryptocurrency Brokers
|
Australia - AU ASIC
United Kingdom - UK FCA
|
4.7
Excellent
|
4.6
Excellent
|
5.0
Excellent
|
5.0
Excellent
|
4.0
Good
|
0 | 500 |
Monthly Cash Back
|
Bank Wire
China Union Pay
GlobalCollect
Neteller
Skrill (Moneybookers)
Webmoney
|
MT4
MT5
Proprietary
|
2010 |
ECN/STP
|
MT4 Mobile
MT5 Mobile
Proprietary
|
Futures
Forex
Indices
Oil/Energies
Cryptocurrencies
Metals
|
|||||||||||||||||
 Tickmill |
Forex Brokers
|
Seychelles - SC FSA
|
5.0
Excellent
|
4.8
Excellent
|
5.0
Excellent
|
5.0
Excellent
|
5.0
Excellent
|
100 | 500 |
Monthly Cash Back
|
MT4
WebTrader
|
2014 |
EUR
GBP
PLN
USD
|
STP DMA
NDD
|
MT4 Mobile
|
Forex
Metals
|
|||||||||||||||||
 Tickmill UK |
Forex Brokers
|
United Kingdom - UK FCA
|
5.0
Excellent
|
4.8
Excellent
|
5.0
Excellent
|
5.0
Excellent
|
5.0
Excellent
|
100 | 30 |
Monthly Cash Back
|
MT4
WebTrader
|
2016 |
EUR
GBP
PLN
USD
|
STP DMA
NDD
|
MT4 Mobile
|
Forex
Metals
|
|||||||||||||||||
 Traders Trust |
Forex Brokers
Cryptocurrency Brokers
|
|
4.3
Good
|
5.0
Excellent
|
4.0
Good
|
5.0
Excellent
|
3.0
Average
|
50 | 500 |
Monthly Cash Back
|
MT4
WebTrader
|
2009 |
EUR
GBP
JPY
USD
|
NDD/STP
ECN
STP
NDD
|
MT4 Mobile
|
Forex
Indices
Oil/Energies
Cryptocurrencies
Metals
|
Chinese
English
French
Italian
Japanese
Spanish
|
||||||||||||||||
 Tradersway |
Forex Brokers
|
|
2.5
Below Average
|
3.8
Good
|
3.0
Average
|
3.0
Average
|
0 | 1000 |
Monthly Cash Back
|
MT4
WebTrader
cTrader
|
2010 |
CAD
EUR
GBP
USD
|
NDD/STP
ECN/STP
ECN
|
MT4 Mobile
cTrader Mobile
|
Forex
Oil/Energies
Metals
|
||||||||||||||||||
 Tradeviewforex |
Forex Brokers
|
Cayman Islands - KY CIMA
|
3.7
Good
|
4.8
Excellent
|
5.0
Excellent
|
2.0
Below Average
|
3.0
Average
|
0 | 400 |
Monthly Cash Back
Monthly Cash Back - Real Time Reports
|
cTrader
MT4
WebTrader
Proprietary
MT5
|
2004 |
EUR
GBP
JPY
USD
|
ECN/STP
|
cTrader Mobile
MT4 Mobile
Proprietary
MT5 Mobile
|
Futures
Forex
Shares
Indices
Metals
ETFs
|
|||||||||||||||||
 XM Group |
Forex Brokers
|
Australia - AU ASIC
Cyprus - CY CYSEC
Belize - BZ IFSC
United Arab Emirates - AE DFSA
|
4.5
Good
|
4.4
Good
|
3.5
Good
|
5.0
Excellent
|
5.0
Excellent
|
5 | 0 |
Monthly Cash Back
Direct to your XM MyWallet (2x weekly)
|
Bank Wire
Neteller
Skrill (Moneybookers)
|
MT4
MT5
WebTrader
|
MM
|
MT4 Mobile
MT5 Mobile
|
Futures
Forex
Indices
Oil/Energies
Metals
Soft Commodities (coffee, sugar...)
|
||||||||||||||||||
 ZuluTrade |
Forex Brokers
|
Greece - EL HCMC
|
0 | 500 |
Monthly Cash Back
|
|
Proprietary
|
2007 |
|
MM
STP
|
|
Forex
Indices
|
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