Best Forex Brokers for Canadian Traders

The “bricks and mortar” Canadian finance sector is very well regulated. In fact, there are three Regulatory Commissions and Trade Association that many financial companies must belong to. These are, the British Columbia Securities Commission (BCSC), the Ontario Securities Commission (OSC) and the Investment Industry Regulatory Organization of Canada (IIROC).

When it comes to Forex Brokers and Forex trading sites online, however, Canadian citizens are welcome to sign up and trade at any of the online brokers, without restrictions.

We would strongly recommend that you do your research and select a broker that meets your requirements and can be trusted. If this sounds like a lot of work, you’re in luck as we’ve done the hard work for you. Our best recommendations to our Canadian Traders are presented below.

Top Canadian Forex Brokers

No.	Broker		Min Deposit	Bonus	Max Leverage	Read More
1.			$100	$10,000	400:1	REVIEW
2.			$50	100%	1000:1	REVIEW
3.			$200	Various	400:1	REVIEW

Read About Forex Brokers Recommended for Canadian Traders

We’ve researched and reviewed some of the best brokers available today, ensuring they meet our strict criteria. This guarantees that we can promote and showcase the best Forex brokers to you, safe in the knowledge that Canadian citizens are going to receive a completely hassle free and first class trading experience.

• Avatrade – Avatrade is incorporated and regulated by the Central Bank of Ireland, the Markets in Financial Instruments Directive of the EU (MiFID), the Australian Securities and Investments Commission (ASIC), is registered as a financial services company in the BVI and regulated by the Financial Futures Association of Japan. One of the unique features of Avatrade is that they offer leverage of 400:1, one of the highest in the industry.
• LMFX – This broker offers an extensive set of trading tools and calculators. Perfect for the more experienced trader that wants to asses his levels of risk/reward or conduct more extensive technical analysis. Junior traders are also well catered for at LMFX, with the offering of great market analysis articles, extensive educational materials and one of the best demo account offers we’ve ever seen.
• eToro – eToro is a unique broker as they bring traditional trading up-to-date by offering a “Social Trading” experience. Essentially, traders get to see & copy the strategies used by other more successful traders. eToro are fully regulated in several different jurisdictions and their licensing authorities include the NFA (US), CySEC (Cyprus), ASIC (Australia), CFTC (US), MiFID (Europe) and the FCA (UK). A leverage of 400:1 is offered along with fantastic account management.