Top Canadian Forex Brokers

The best forex brokers accepting Canadian clients list is.


FP Markets
Fusion Markets X
Interactive Brokers
Oanda
Forex.com
Our Rating
8
8.17
8.17
7.26
7.28
Fastest Limit Order Speed
Lowest Trading Fees
64% of retail investor accounts lose money when trading CFDs
73.5% of retail investor accounts lose money when trading CFDs
72% of retail investor accounts lose money when trading CFDs

Brokerage

Feature
FP Markets
Fusion Markets X
Interactive Brokers
Oanda
Forex.com
Commissions (USD Base)
$3.00
2.25
USD $1mil = 0.20% (IBKR)
USD $2mil = 0.20% (IBKR)
USD $5mil = 0.10% (IBKR)
Over USD $5mil = 0.08% (IBKR)
CAD$7
CAD$2 to $6
Commission Rebates
Minimum Deposit
$100
$0
$0
$0
CAD$100
Swap Free Account
No Inactivity Fees
Funding Methods
8
5
USA: 6
CAN: 8
3
4
No Funding Fees

Markets and Instruments

Feature
FP Markets
Fusion Markets X
Interactive Brokers
Oanda
Forex.com
Currency Pairs
61+
90+
105+
71+
80+ Standard Account
58 DMA
Cryptocurrency CFDs
5+
5+
Index CFDs
14+
10+
26+
16+
15+ Standard Account
Cross DMA Account
Share CFDs
12,986+
1000+
220+ Standard Account
Cross DMA Account
Commodities CFD
4+
16+
29+
12+ Standard Account
Cross DMA Account
Stockbroking
50,000+
Retail Max. Leverage
30:1
30:1 (ASIC), 500:1 (Outside ASIC)
USD N/A
CAN 43:1
50:1
50:1
Professional Leverage
500:1
500:1
N/A
50:1
50:1

Trading Platforms + Tools

Feature
FP Markets
Fusion Markets X
Interactive Brokers
Oanda
Forex.com
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
xross
cTrader
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Guaranteed Neg Protection
Demo Account
Unique Feature 1
Fastest Limit Order Execution Speed
Lowest Fees
125 Markets
31 Countries
22 Currencies
Internationally Regulated
Owned by Capital Gains
Unique Feature 2
IRESS Trading Platform
CAD Account for Canadian traders
Earn interest on idle cash balances
Execution Speed
under 10 millisecond
Variable Commission with
STP + DMA Execution

Overall