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 9 brokers on this page, ranked
Ordered by score, highest first, both kinds together: seven scores come from our global testing; two were scored from each firm's published Canadian information through the same eight categories. Each line names the Canadian company that offers the brand; its place in the list comes from its score.
- OANDA - offered by OANDA (Canada) Corporation ULC
- FXCM - offered through Friedberg Mercantile Group Ltd.
- 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.
- Interactive Brokers - offered by Interactive Brokers Canada Inc.
- Plus500 - offered by Plus500CA Ltd.
- Questrade - offered by Questrade Inc.
- Fortrade - offered by Fortrade Canada Limited
Which 9 brokers on our CIRO dealer list offer a forex trading app in Canada?
1. OANDA: offered by OANDA (Canada) Corporation ULC
Category-weighted score 88.3. Published rating 92, which includes an editorial adjustment of +3.7. Adjustments are disclosed on every page they apply to; see our methodology.
Beside its app, its Canadian site names: OANDA Web, TradingView and MetaTrader 4
Sources
| Fact | As stated | Source |
|---|---|---|
| Mobile app, as the firm names it | OANDA mobile app (iOS/Android) | Canadian site, September 26, 2026 |
| Advertised EUR/USD spread | 0.6 pips, advertised typical, Standard account | Canadian site, September 26, 2026 |
| CIRO dealer member | OANDA (Canada) Corporation ULC: CIRO directory, read September 26, 2026; CIPF member | CIRO dealer directory |
2. FXCM: offered through Friedberg Mercantile Group Ltd.
FXCM is offered in Canada through Friedberg Mercantile Group Ltd., the CIRO dealer member that also offers AvaTrade.
Beside its app, its Canadian site names: MetaTrader 4, TradingView (live trading integration) and API trading
Sources
| Fact | As stated | Source |
|---|---|---|
| Mobile app, as the firm names it | Trading Station (web/desktop/mobile) | Canadian site, September 26, 2026 |
| Advertised EUR/USD spread | Spread-only ('opening and closing fees are built into the spread') | Firm document, September 26, 2026 |
| CIRO dealer member | Friedberg Mercantile Group Ltd.: CIRO directory, read September 26, 2026; CIPF member | CIRO dealer directory |
3. FOREX.com: offered by GAIN Capital - FOREX.com Canada Ltd.
Beside its app, its Canadian site names: FOREX.com web, FOREX.com desktop, TradingView, MetaTrader 5 and MetaTrader 4 (Standard account, per trading-costs page)
Sources
| Fact | As stated | Source |
|---|---|---|
| Mobile app, as the firm names it | FOREX.com mobile | 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 |
4. CMC Markets: offered by CMC Markets Canada Inc.
Beside its app, its Canadian site names: CMC Markets web platform, MetaTrader 4, MetaTrader 5 and TradingView (CMC platform accounts only)
Sources
| Fact | As stated | Source |
|---|---|---|
| Mobile app, as the firm names it | CMC mobile app | 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 |
5. AvaTrade: offered through Friedberg Mercantile Group Ltd.
AvaTrade is offered in Canada through Friedberg Mercantile Group Ltd., the CIRO dealer member that also offers FXCM.
Beside its app, its Canadian site names: WebTrader, MetaTrader 4, MetaTrader 5 and Mac trading (MT4 Mac/WebTrader)
Sources
| Fact | As stated | Source |
|---|---|---|
| Mobile app, as the firm names it | AvaOptions (desktop/iOS/Android), Friedberg Direct / AvaTrade mobile app | 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 |
6. Interactive Brokers: offered by Interactive Brokers Canada Inc.
Beside its app, its Canadian site names: Trader Workstation (TWS), IBKR Desktop, IBKR GlobalTrader, IMPACT, Client Portal (web) and TradingView integration
Sources
| Fact | As stated | Source |
|---|---|---|
| Mobile app, as the firm names it | IBKR Mobile | Canadian site, September 26, 2026 |
| Advertised EUR/USD spread | Spreads 'as narrow as 1/10 PIP'; commission 0.20 basis point x trade value | Canadian site, September 26, 2026 |
| CIRO dealer member | Interactive Brokers Canada Inc.: CIRO directory, read September 26, 2026; CIPF member | CIRO dealer directory |
7. Plus500: offered by Plus500CA Ltd.
Beside its app, its Canadian site names: Plus500 proprietary web trading platform
Sources
| Fact | As stated | Source |
|---|---|---|
| Mobile app, as the firm names it | Plus500 iOS and Android apps (secondary source) | Canadian site, September 26, 2026 |
| Advertised EUR/USD spread | Spread only, no commission. Fees page gives an illustrative EUR/USD example of a 0.6 pip market spread | Canadian site, September 26, 2026 |
| CIRO dealer member | Plus500CA Ltd.: CIRO directory, read September 26, 2026; CIPF member | CIRO dealer directory |
8. Questrade: offered by Questrade Inc.
Scored on eight of eight categories.
Beside its app, its Canadian site names: Questrade Global (web/desktop; Windows, Mac, Linux)
Sources
| Fact | As stated | Source |
|---|---|---|
| Mobile app, as the firm names it | Questrade Global mobile app (iOS, Android) | Canadian site, September 26, 2026 |
| Advertised EUR/USD spread | 1.9 pips, advertised typical, Forex and CFDs account | Canadian site, September 26, 2026 |
| CIRO dealer member | Questrade Inc.: CIRO directory, read September 26, 2026; CIPF member | CIRO dealer directory |
9. Fortrade: offered by Fortrade Canada Limited
Scored on eight of eight categories.
Minimum deposit, as stated: Recommended C$/US$/EUR 500; possible to start with as little as C$/US$/EUR 100
IIROC Temporary Order, November 9, 2022
Made under IIROC's rules; CIRO, IIROC's successor, keeps it in effect (2024 CIRO 36, Settlement Agreement para 51(f)).
- “Fortrade shall not open any new client accounts”
- “shall not make recommendations”
- “Fortrade shall not seek the deposit of additional funds into existing client accounts”
Source: Re Fortrade Canada Ltd., 2024 CIRO 36, Appendix A, printed pages 16-17 of 18; Settlement Agreement para 51(f). A search of ciro.ca on September 26, 2026 found no notice lifting the order.
Sources
| Fact | As stated | Source |
|---|---|---|
| Mobile app, as the firm names it | Fortrade proprietary platform (web, iOS, Android) (secondary source) | Canadian site, September 26, 2026 |
| Advertised EUR/USD spread | 2 pips, advertised average, Real account | Canadian site, September 26, 2026 |
| CIRO dealer member | Fortrade Canada Limited: CIRO directory, read September 26, 2026; CIPF member | CIRO dealer directory |
Forex trading apps at the 9 brokers, side by side
The table below puts the apps side by side, and I would read it in a specific order. Start with the dealer column: the app carries a brand name, but your account sits with the CIRO dealer member behind it. Then look at the app each firm names on its own Canadian pages, from OANDA’s mobile app to FXCM’s Trading Station and the Questrade Global mobile app. Plus500’s and Fortrade’s platform rows rest on secondary sources, and the table prints that grade. The EUR/USD figures are each firm’s advertised number, labelled as such and not ranked. We verified every dealer entity on September 26, 2026.
| Broker | CIRO dealer member | Mobile app, as the firm names it | Advertised EUR/USD spread and basis | Sources |
|---|---|---|---|---|
| OANDA | OANDA (Canada) Corporation ULC | OANDA mobile app (iOS/Android) | 0.6 pips, advertised typical, Standard account | Mobile app: Canadian site, September 26, 2026; EUR/USD spread: Canadian site, September 26, 2026 |
| FXCM | Friedberg Mercantile Group Ltd. | Trading Station (web/desktop/mobile) | Spread-only ('opening and closing fees are built into the spread') | Mobile app: Canadian site, September 26, 2026; EUR/USD spread: Firm document, September 26, 2026 |
| FOREX.com | GAIN Capital - FOREX.com Canada Ltd. | FOREX.com mobile | 1 pip, advertised minimum, Standard account | Mobile app: Canadian site, September 26, 2026; EUR/USD spread: Canadian site, September 26, 2026 |
| CMC Markets | CMC Markets Canada Inc. | CMC mobile app | 0.5 pips, advertised minimum, Standard account | Mobile app: Firm document, September 26, 2026; EUR/USD spread: Canadian site, September 26, 2026 |
| AvaTrade | Friedberg Mercantile Group Ltd. | AvaOptions (desktop/iOS/Android), Friedberg Direct / AvaTrade mobile app | 0.6 pips, advertised typical, Standard account | Mobile app: Canadian site, September 26, 2026; EUR/USD spread: Firm document, September 26, 2026 |
| Interactive Brokers | Interactive Brokers Canada Inc. | IBKR Mobile | Spreads 'as narrow as 1/10 PIP'; commission 0.20 basis point x trade value | Mobile app: Canadian site, September 26, 2026; EUR/USD spread: Canadian site, September 26, 2026 |
| Plus500 | Plus500CA Ltd. | Plus500 iOS and Android apps (secondary source) | Spread only, no commission. Fees page gives an illustrative EUR/USD example of a 0.6 pip market spread | Mobile app: Canadian site, September 26, 2026; EUR/USD spread: Canadian site, September 26, 2026 |
| Questrade | Questrade Inc. | Questrade Global mobile app (iOS, Android) | 1.9 pips, advertised typical, Forex and CFDs account | Mobile app: Canadian site, September 26, 2026; EUR/USD spread: Canadian site, September 26, 2026 |
| Fortrade | Fortrade Canada Limited | Fortrade proprietary platform (web, iOS, Android) (secondary source) | 2 pips, advertised average, Real account | Mobile app: Canadian site, September 26, 2026; EUR/USD spread: Canadian site, September 26, 2026 |
Which app is best for forex trading in Canada?
The order on this page follows our score, and OANDA sits first. Beyond that, I would choose the account and the dealer before the app, because the app mostly follows the account. If you chart on TradingView, note that CMC Markets gives you TradingView on CMC platform accounts only, while its MetaTrader 4 and 5 run on a separate account type. FXCM runs Trading Station on mobile, and Interactive Brokers names IBKR Mobile while acting as an order execution-only dealer, so you get no advice there. AvaTrade names its own mobile app plus AvaOptions on iOS and Android. If you want one account for everything, Questrade Global’s app serves FX and CFD accounts only, so check where your trading actually lives before you download anything. In my view, that account condition matters more than any app store listing.
Can you trade forex on a phone in Canada?
Yes, you can. All nine brands on this page name a mobile app or a platform that runs on iOS and Android, each offered through a CIRO dealer member. Plus500’s FAQ names its iPhone/iPad and Android apps, Questrade names the Questrade Global mobile app for iOS and Android, and Interactive Brokers names IBKR Mobile. Fortrade names its platform on web, iOS, and Android, but the IIROC Temporary Order of November 9, 2022, which CIRO keeps in effect, bars Fortrade Canada Limited from opening new client accounts. I would decide which dealer holds your account first, then download that firm’s app.
FAQs
Which forex app ranks first on your Canadian list?
Does Questrade have a forex trading app?
Is the Fortrade app open to new clients?
How do I check that an app's broker is a CIRO dealer member?
What app does Interactive Brokers name, and what kind of dealer is it?
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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