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Best Forex Brokers Canada: Compare Top Brokers

Compare forex brokers for traders in Canada side by side: platforms, broker type, minimum deposit and current bonuses. Read the FAQ below on the local rules before you open an account.

Top Rated Forex Brokers for Canadian Traders

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1
Top Pick

FBS Review

Currently, there are no available bonuses.
  • PlatformMT4 · MT5
  • Broker TypeECN/STD
  • Min. Deposit$5
★★★★★
ExcellentScore 9.0/10
2

DB Investing Review

100% Welcome Deposit Bonus
  • PlatformMT5-Web platform · MT5-Android
  • Broker TypeSTP/ECN
  • Min. Deposit$100
★★★★★
ExcellentScore 10.0/10
3

ATFX Review

50% Forex Welcome Bonus
  • PlatformMT4 (MT4) · Web Platform and Mobile
  • Broker TypeSTP/ECN
  • Min. Deposit$100
★★★★★
ExcellentScore 10.0/10

Canada Forex Brokers Comparison Table

Compare two brokers →
BrokerScoreBroker TypePlatformsMin. DepositBonusReview
FBS logoFBS 9.0/10 ECN/STD MT4 · MT5 $5 Currently, there are no available bonus… Read Review
DB Investing logoDB Investing 10.0/10 STP/ECN MT5-Web platform · MT5-Android $100 100% Welcome Deposit Bonus Read Review
ATFX logoATFX 10.0/10 STP/ECN MT4 (MT4) · Web Platform and Mobile $100 50% Forex Welcome Bonus Read Review

Always confirm the latest trading conditions on the broker's official website before you open an account.

Best Forex Brokers Canada: Frequently Asked Questions

Is forex trading legal in Canada?

Yes. Canadian residents can trade forex and CFDs through dealers registered with the provincial securities regulators and members of the Canadian Investment Regulatory Organization (CIRO).

Who regulates forex brokers in Canada?

CIRO oversees investment dealers, and each province or territory has its own securities commission.

How do I check a Canadian broker?

Use the National Registration Search of the Canadian Securities Administrators and the CIRO dealer list.

Are Canadian trading accounts protected?

Accounts at CIRO member firms may be covered by the Canadian Investor Protection Fund (CIPF), within its limits.

Is this page legal advice?

No. This page compares brokers for information only. Confirm the current rules with your provincial regulator or a qualified adviser.