Top ECN Forex Broker Canada List

The best ECN accounts with no dealing desk are:

Brokers Regulated By CIRO
  • FOREX.com - Best Forex Broker For Top High Leverage
  • FXCM - Best ECN Broker in Canada
  • IB - Best Range Of Markets
Brokers Accepting Canadian Traders
Broker Our Rating Regulation Standard
EUR/USD Spread
Standard
GBP/USD Spread
Standard
AUD/USD Spread
Raw
EUR/USD Spread
Raw
GBP/USD Spread
Raw
AUD/USD Spread
Commissions
(USD Base)
MetaTrader 4 MetaTrader 5 cTrader Execution Speed Minimum Deposit Currency Pairs Crypto CFDs Retail Leverage Prof. Leverage
7.93 ASIC, FCA
FSCA, CIRO
1.3 1.4 1.7 0.22 0.80 0.40 $3.00 150ms $300 39+ - 30:1 Visit Site
8.17 NFA, CFTC, CBI
ASIC, FCA, MAS
CIRO, JFSA
- - - - 0.08%-0.2% 110ms $0 100+ - 30:1 500:1 Visit Site
7.0 CIRO, FCA, NFA, CFTC, MAS, JFSA, CIMA 1.30 - - - $6.00 30 ms (May 2023) $100 80+ - 33:1 33:1 Visit Site
8.50 ASIC, SCB 1.0 1.0 1.2 0.06 0.73 0.27 $3.50 143ms $100 40+ 250+ 30:1 500:1 Visit Site
8.17 ASIC, VFSA 0.93 1.08 0.92 0.13 0.21 0.12 $2.25 79ms $0 90+ 10+ 500:1 500:1 Visit Site
8.33 FMA, VFSC
ASIC
1.0 1.32 1.11 0.10 0.42 0.21 $3.50 94ms $100 60+ 12+ 30:1 200:1 Visit Site
8.17 ASIC, CySEC 1.1 1.3 1.3 0.10 0.20 0.20 $3.00 225ms $100 63+ 4+ 30:1 500:1 Visit Site
 

What Are The Best Canadian Forex Brokers That Offer True ECN?

ECN (electronic communication network) brokers match client orders electronically using a digital system that doesn’t require a third party (I.E. no dealing desk). This means you will obtain fast execution speeds and tight spreads with these types of brokers. In truth, very few brokers offer ‘true’ ECN but instead have ECN ‘like’ pricing (often called RAW pricing). Below, we highlight the best ECN forex brokers for Canadian traders that match this definition of ECN.