Best CFD Trading Platforms Canada

The best CFD trading platforms based on critical trading considerations:


Friedberg Direct AvaTrade
Friedberg Direct With FXCM
Forex.com
CMC Markets
TMGM
Our Rating
8.33
7.93
7.0
7.17
8.33
71% of retail investor accounts lose money when trading CFDs with this provider
66% of retail investor accounts lose money when trading CFDs with this provider
72% of retail investor accounts lose money when trading CFDs
73% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider
TMGM don't provide % of clients who lose money

Regulations and Licenses

Feature
Friedberg Direct AvaTrade
Friedberg Direct With FXCM
Forex.com
CMC Markets
TMGM
IIROC (Canada)

Brokerage

Feature
Friedberg Direct AvaTrade
Friedberg Direct With FXCM
Forex.com
CMC Markets
TMGM
EUR/USD Avg. Raw Spread
-
0.22
-
-
0.10
GBP/USD Avg. Raw Spread
-
0.80
-
-
0.42
AUD/USD Avg. Raw Spread
-
0.40
-
-
0.21
EUR/USD Standard Spread
0.90
1.3
1.30
0.73
1.0
EUR/USD Fixed Spreads
0.90
-
-
-
Commissions (USD Base)
-
$3.00
$2.00-$6.00
-
$3.50
Minimum Deposit
$100
$300
$100
$0
$100
Swap Free Account
No Inactivity Fees
Funding Methods
7+
8+
4+
6+
5+
No Funding Fees

Markets and Instruments

Feature
Friedberg Direct AvaTrade
Friedberg Direct With FXCM
Forex.com
CMC Markets
TMGM
Currency Pairs
37+
39+
82+ (Standard Account)
60+ (DMA)
339+
60+
Cryptocurrency CFDs*
-
-
-
-
12+
Index CFDs
18+
12+
17+
95+
15+
Share CFDs
589+
-
1000+
9,451+
12,000+
Commodities CFD
12+
9+
26+
111+
5+
Stockbroking
-
-
-
9,451+
-
Retail Max. Leverage (Canada)
Major Pairs 33:1
Minor Pairs 17:1
Major Pairs 50:1
Minor Pairs 33:1
Major Pairs 33:1
Minor Pairs 17:1
Major Pairs: 52:1
Minor Pairs 16:1
-

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
Friedberg Direct AvaTrade
Friedberg Direct With FXCM
Forex.com
CMC Markets
TMGM
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

Friedberg Direct AvaTrade
Friedberg Direct With FXCM
Forex.com
CMC Markets
TMGM
Broker Official Site Our Rating Regulation EUR/USD Spread GBP/USD Spread AUD/USD Spread MetaTrader 4 MetaTrader 5 cTrader Execution Speed Minimum Deposit Currency Pairs Crypto CFDs Retail Leverage Prof. Leverage
Visit Broker > 8.33 IIOC, FSCA
ADGM, CBI
- - - 160ms $100 37+ - 33:1 33:1
Visit Broker > 7.93 ASIC, FCA
FSCA, IIROC
0.22 0.80 0.40 150ms $300 39+ - 30:1
Visit Broker > 7.0 IIROC, FCA - - - 140ms $100 82+ (Standard Account)
60+ (DMA)
- 33:1 33:1
Visit Broker > 7.17 ASIC, FCA
MAS, IIROC
- - - 110ms $0 339+ - 30:1 500:1
Visit Broker > 8.33 FMA, VFSA
ASIC
0.10 0.42 0.21 180ms $100 60+ 12+ 200:1 200:1