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Top online brokers for forex & CFD trading in Canada

Explore online brokers providing forex and CFD trading for traders in Canada. Compare their trading conditions across pricing, account requirements and platform functionality, including EUR/USD spreads, commissions, minimum deposits and available leverage.

All brokers on this page provide access to cTrader, allowing broker-specific conditions to be compared while the underlying trading platform remains consistent.
Canada
Canada

Broker fees, leverage and trading features

Broker
Regulators
EUR/USD spread
Commission
Crypto deposits
Min deposit
Store bonuses
Fusion Markets
Fusion Markets
ASIC, VFSC Vanuatu, FSA Seychelles
—$2.25 per side
$0
Scandinavian Capital Markets
Scandinavian Capital Markets
FSA SWEDEN
——
$25
M4Markets
M4Markets
CySEC, FSA Seychelles, DFSA Dubai
—Between $20 and $60 per million USD volume (based on account type)
$100
ShineTrades
ShineTrades
CYSEC
——
$100
Varianse
Varianse
FCA UK
—$0
$100
FP Markets
FP Markets
ASIC, CYSEC, FSCA South Africa, CMA Kenya
—$3 per side
$100
GO Markets
GO Markets
ASIC AUSTRALIA, CYSEC, FSC Mauritius, FSA Seychelles, FSA Saint Vincent
——
$0
Axiory
Axiory
——$3 per side
$10
Bullion Trading Center
Bullion Trading Center
DFSA UAE
——
$0
Dak Markets
Dak Markets
———
$250

Trading conditions to compare in Canada

Trading conditions can vary considerably between forex and CFD brokers. Spread levels, commission models, leverage and deposit requirements are determined by the broker and may also depend on the account type and legal entity serving the client.

The comparison table brings several of these variables together. Traders can compare EUR/USD spreads, commissions, crypto deposit availability and minimum deposits using consistent columns rather than researching each broker separately.

Broker cards provide additional information such as maximum leverage and supported cTrader functionality. Depending on the available data, this may include cTrader Copy, cloud execution for cBots, branded applications, widgets and other broker-specific features.

Funding methods can also differ. Crypto deposits, supported account currencies and other payment options should therefore be considered separately from trading fees.

For a complete comparison, review pricing, account requirements, regulatory information and platform functionality together before opening the individual broker page.