Broker | Deposit | Instruments | Regulation | Bonus |
---|---|---|---|---|
Interactive Brokers | 5 | Forex, Metals, Indices, Stocks | FCA, SEC, FINRA, CFTC, SEC, DFSA, CIRO, AFSL, CBI, MAS | Cash Bonus, Commission Rebates, Free Trades |
AvaTrade | 100 | Forex, Commodities, Share CFDs, Indices, Cryptocurrencies, ETFs, Bonds, FX Options | CBI, CySEC, PFSA, ASIC, BVIFSC, JFSA, FSCA, FRSA, ISA | Welcome Bonus, Refer a Friend Bonus, Deposit Bonus, Seasonal Promotions |
TMGM | 100 | Forex, Commodities, Share CFDs, Indices, ETFs, Cryptocurrencies | ASIC, VFSC, FSC | Welcome bonus, Deposit bonus, Rebate bonus, Refer a friend bonus |
Orbex | 100 | Forex, Shares, Indices, Cryptocurrencies, Commodities | FSC, FSA | Welcome Bonus, Deposit Bonus, Cashback Bonus, Loyalty Rewards, Referral Bonus |
Saxo Bank | 2000 | Forex, Commodities, Shares, Indices, ETFs, Bonds, Futures, Mutual Funds, FX Options, Listed Options, Cryptocurrencies | Danish FSA, FCA, MAS, FINMA, JFSA, SFC Hong Kong, ASIC | Deposit bonuse, Refer a friend bonus, Volume-based bonuses, Seasonal promotions |
MultiBank Group | 50 | Forex, CFDs on Metals, CFDs on Shares, CFDs on Indices, CFDs on Commodities, CFDs on Cryptocurrencies | ASIC, AUSTRAC, BAFIN, CIMA, ESCA, CySEC, FSC, FMA, MAS, TFG, VARA, FSCM, FSAS, VFSC | Deposit Bonus, Cashback Program |
FBS | 100 | Forex, Commodities, Share CFDs, Indices | ASIC, CySEC, FSC | Refer a friend |
FXOpen | 1 | Forex, Commodities, Indices, Shares, Cryptocurrencies | The Financial Commission | Refer a Friend |
T4Trade | 100 | Forex, Commodities, Share CFDs, Cryptocurrencies, Futures | FSA | Welcome bonus, Deposit bonus, Referral bonus, Trading volume bonus, Promotional bonuses |
AMarkets | 10 | Forex, Indices, Commodities, US Stocks, European Stocks, ETFs, Bonds, Crypto | MISA, FSC, FSA | Welcome bonus, Deposit bonus, Loyalty bonus, Refer a friend bonus |
Best Brokers For Beginners in Canada
Best Brokers for Beginners in Canada in 2025: Starting your trading journey can be overwhelming, but choosing the right broker makes all the difference. Explore our list of beginner-friendly brokers offering intuitive platforms, educational resources, and excellent support to help you trade with confidence.
Best 10 Brokers For Beginners in Canada
We have prepared a selection of the best offers in Canada for you. In this ranking, you will find a list of leading brokers operating worldwide. Each of them has undergone a thorough selection process allowing you to choose a broker that best suits your goals and needs. The ranking was compiled by an expert with many years of experience in Forex trading, ensuring its reliability and objectivity.
All Brokers For Beginners in Canada
If you haven't found a suitable broker in our ranking, take a look at the full list of all available brokers in Canada. You will surely find a company that perfectly matches your requirements and goals.
Compare Brokers For Beginners in Canada
Compare the terms offered by the top brokers in Canada and select the optimal option that suits your requirements for comfortable and efficient trading. We have prepared a table highlighting the key parameters you need to consider when choosing a broker. The data is presented in a structured and user-friendly format, allowing you to quickly evaluate the terms and make an informed decision.
Detailed description of the best brokers for beginners in Canada
FAQ
Is it safe to have money with the broker?
This would be very safe with a broker who is regulated easily through SIPC or other such protections. Always double-check the format of the best brokers for beginners.
How much do brokers charge?
Brokerage fees will differ. Common fees you will find might involve commissions, spreads and account maintenance charges. Free trading of stocks or ETFs is plainly done by some of the best beginners' brokers.
Which one is the best trading platform for a newbie trader?
Fidelity, Charles Schwab, and TD Ameritrade usually fall to be the best brokers for beginners since they provide good educational resources and simple interfaces.
Is it possible to get money out of those accounts?
Yes, you can withdraw funds from most brokers to a linked bank account, but others can charge some fee or even delay the payment. The best brokers for beginners mostly offer a simple process of withdrawal.
What is the best type of trading for a newbie trader?
Usually provides lower risks and could be simpler because most of the time, the beginning is about long-term investing in a variety of diversified assets such as index funds or ETFs. Education is further supported by using the best brokers for beginners.
Is online brokerage money safe?
Yes, it would be, but always opt for a broker that is regulated. SIPC protection will save securities and cash up to certain limits during the event of broker insolvency. Increasingly using best brokers for beginners, then you are assured of more security and trust.

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- We developed our own ITR rating system. Our proprietary ITR system evaluates more than 50 different factors when analyzing the attractiveness of offers.
- We always remain impartial. We operate independently of brokers and crypto exchanges, aiming not to impose but to explain and offer advice.
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