IIROC Regulated Forex Brokers

These are the best IIROC Forex Brokers For Candaian traders are:


CMC Markets
Oanda
Interactive Brokers
Forex.com
Our Rating
7.17
7.26
8.17
7.0
73% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider
76.6% of retail investor accounts lose money when trading CFDs
64% of retail investor accounts lose money when trading CFDs
72% of retail investor accounts lose money when trading CFDs

Regulations and Licenses

Feature
CMC Markets
Oanda
Interactive Brokers
Forex.com
IIROC (Canada)
Other Regulators

Brokerage

Feature
CMC Markets
Oanda
Interactive Brokers
Forex.com
EUR/USD Avg. Raw Spread
-
-
-
-
GBP/USD Avg. Raw Spread
-
-
-
-
AUD/USD Avg. Raw Spread
-
-
-
-
EUR/USD Standard Spread
-
1.1
-
1.30
EUR/USD Fixed Spreads
-
-
-
-
Commissions (USD Base)
-
$7.00
0.08%-0.2%
$2.00-$6.00
Minimum Deposit
$0
$0
$0
$100
Swap Free Account
No Inactivity Fees
Funding Methods
6+
3+
8+
4+
No Funding Fees

Markets and Instruments

Feature
CMC Markets
Oanda
Interactive Brokers
Forex.com
Currency Pairs
338+
71+
105+
80+ (Standard Account)
58+ (DMA)
Cryptocurrency CFDs*
19+
-
-
8+
Index CFDs
46+
16+
26+
15+ (Standard Account)
Share CFDs
9,000+
-
1000+
220+ (Standard Account)
Commodities CFD
124+
29+
4+
26+
Stockbroking
9,000+
-
50,000+
-
Retail Max. Leverage (Canada)
Major Pairs: 52:1
Minor Pairs 16:1
Major Pairs 50:1
Minor Pairs 33:1
Major Pairs 62.5:1
Minor Pairs 33:1
Major Pairs 33:1
Minor Pairs 17:1
Retail Max. Leverage (With offshore regulators)
30:1
-
-
-

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations

Trading Platforms + Tools

Feature
CMC Markets
Oanda
Interactive Brokers
Forex.com
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account
Unique Feature
Offers both CFD and Stock trading
Internationally Regulated
125 Markets, 31 Countries, 22 Currencies
Owned by Capital Gains

Overall

CMC Markets
Oanda
Interactive Brokers
Forex.com