Some of the abbreviations on this page are expanded to the regulator's full name: a broker regulated by CIRO is regulated by the Canadian Investment Regulatory Organization.
The 3 brokers on this page, ranked
Ordered by score, highest first: all three scores come from our global testing. Each line names the Canadian company that offers the brand; its place in the list comes from its score.
- FOREX.com - offered by GAIN Capital - FOREX.com Canada Ltd.
- CMC Markets - offered by CMC Markets Canada Inc.
- AvaTrade - offered through Friedberg Mercantile Group Ltd.
Which 3 brokers on our CIRO dealer list offer MT5 in Canada?
1. FOREX.com: offered by GAIN Capital - FOREX.com Canada Ltd.
Beside MetaTrader 5, its Canadian site names: FOREX.com web, FOREX.com mobile, FOREX.com desktop, TradingView and MetaTrader 4 (Standard account, per trading-costs page)
Sources
| Fact | As stated | Source |
|---|---|---|
| MetaTrader 5, as the firm names it | MetaTrader 5 | Canadian site, September 26, 2026 |
| Advertised EUR/USD spread | 1 pip, advertised minimum, Standard account | Canadian site, September 26, 2026 |
| CIRO dealer member | GAIN Capital - FOREX.com Canada Ltd.: CIRO directory, read September 26, 2026; CIPF member | CIRO dealer directory |
2. CMC Markets: offered by CMC Markets Canada Inc.
Beside MetaTrader 5, its Canadian site names: CMC Markets web platform, CMC mobile app, MetaTrader 4 and TradingView (CMC platform accounts only)
Sources
| Fact | As stated | Source |
|---|---|---|
| MetaTrader 5, as the firm names it | MetaTrader 5 | Firm document, September 26, 2026 |
| Advertised EUR/USD spread | 0.5 pips, advertised minimum, Standard account | Canadian site, September 26, 2026 |
| CIRO dealer member | CMC Markets Canada Inc.: CIRO directory, read September 26, 2026; CIPF member | CIRO dealer directory |
3. AvaTrade: offered through Friedberg Mercantile Group Ltd.
Beside MetaTrader 5, its Canadian site names: WebTrader, MetaTrader 4, AvaOptions (desktop/iOS/Android), Mac trading (MT4 Mac/WebTrader) and Friedberg Direct / AvaTrade mobile app
Sources
| Fact | As stated | Source |
|---|---|---|
| MetaTrader 5, as the firm names it | MetaTrader 5 | Canadian site, September 26, 2026 |
| Advertised EUR/USD spread | 0.6 pips, advertised typical, Standard account | Firm document, September 26, 2026 |
| CIRO dealer member | Friedberg Mercantile Group Ltd.: CIRO directory, read September 26, 2026; CIPF member | CIRO dealer directory |
MetaTrader 5 at the 3 brokers, side by side
The table puts pricing and platform side by side, and I want you to read them together. FOREX.com advertises EUR/USD from 1 pip on its Standard account, CMC Markets from 0.5 pips, and AvaTrade 0.6 pips typical, all labelled advertised rather than measured. Each column also names the CIRO dealer member behind the brand, which matters more than the logo on the app. CMC Markets keeps MetaTrader on a separate Standard or FX Active account, with no access to the CMC platform or TradingView, so your charting choice decides your account. FOREX.com notes that its minimum margin requirement on MetaTrader could be higher, which means more of your money is set aside to hold the same position.
All three brands here also name MetaTrader 4, and our MetaTrader 4 page adds OANDA and FXCM to the Canadian list.
| Broker | CIRO dealer member | MetaTrader 5, as the firm names it | Advertised EUR/USD spread and basis | Sources |
|---|---|---|---|---|
| FOREX.com | GAIN Capital - FOREX.com Canada Ltd. | MetaTrader 5 | 1 pip, advertised minimum, Standard account | MetaTrader 5: Canadian site, September 26, 2026; EUR/USD spread: Canadian site, September 26, 2026 |
| CMC Markets | CMC Markets Canada Inc. | MetaTrader 5 | 0.5 pips, advertised minimum, Standard account | MetaTrader 5: Firm document, September 26, 2026; EUR/USD spread: Canadian site, September 26, 2026 |
| AvaTrade | Friedberg Mercantile Group Ltd. | MetaTrader 5 | 0.6 pips, advertised typical, Standard account | MetaTrader 5: Canadian site, September 26, 2026; EUR/USD spread: Firm document, September 26, 2026 |
FAQs
Can I trade on MT5 through a CIRO dealer member in Canada?
Which MT5 broker ranks first on your list?
Does OANDA offer MT5 in Canada?
Which brokers on your list support MT5, and through which dealers?
Does choosing MT5 change what I pay at FOREX.com?
Does AvaTrade's demo cover MT5?
Related pages
About the author
Justin Grossbard is the CEO & Co-Founder of CompareForexBrokers established in 2014, along with Noam Korbl and works as Strategic Head Of Research.
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