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 Forex Brokers in Canada
Best Forex Brokers in Canada in 2025: Choosing the right broker is essential for achieving success in the dynamic forex market. Explore our curated list of top-rated brokers offering competitive conditions and reliable trading platforms.
Best 10 Forex Brokers 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 Forex Brokers 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 Forex Brokers 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 forex brokers in Canada
FAQ
What does a forex broker do?
A forex broker helps in affecting forex trading using a trading platform by supporting trade in a variety of currencies, i.e., buying or selling currency pairs. Also, the best forex brokers should trade on your behalf, provide offers like leverage, and have market analysis tools for you.
How much money do I need to enter forex trading?
The required amount is definitely determined by one's broker. Some of the best forex brokers allow for trading with as little as $10, while others demand $100-even more, with everything dependent upon the said strategy and the kind of leverage they offer.
What fees do I need to know about when choosing a forex broker?
While choosing a forex broker, you must take into account the following fees:
- Spreads: Price difference between the bid and ask price, which can be said to be the most basic costs.
- Commissions: Fixed or percentage-based fees per trade.
- Swap Fees: Fees for holding one position to the next day.
- Deposit/Withdrawal Fees: Charges per transaction upon funding or withdrawing of money.
- Inactivity Fees: Charges for staying dormant accounts.
- Platform Fees: Usage cost of advanced trading platforms or tools.
The best forex brokers offer honest fee structures that suit how you trade.
What measures can be helpful in avoiding forex trading scams?
To avoid being scammed while trading forex, observe caution in practicing the following:
- Confirm Regulation: Find the best forex brokers regulated by authorities like the CFTC, FCA, and ASIC.
- Check Reviews: Research and read reviews of complaints that healed the brokers.
- Do Not Chase After the Very Lucrative Promises: If the profit is guaranteed, it is not a jargon such entities will use in his advertisement.
- Do Not Keep An Account With Unlicensed Brokers: You must register with a broker who is proven to be regulated.
- Monitor Withdrawal Policies: Those unauthorized brokers often make withdrawal procedures difficult.
- Be Skeptical with Managed Accounts: It could be that others are trading on your behalf.
By choosing the best forex brokers and doing good homework, you can mitigate risks in forex trading and protect your investments.

- Since 2006, we have been ensuring the accuracy of information. We verify its reliability by reviewing company tariffs and contacting organizations directly.
- 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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