Best brokers for traders from Canada in 2023

Almost no European broker accepts traders from Canada as they are not authorised by the Investment Industry Regulatory Organization of Canada (IIROC), which is the financial regulatory body in Canada. Despite this fact, there are still a few reputable companies that operate in Canada and have the IIROC approval.

How to verify whether a broker is approved by the IIROC?

To verify if a given company can operate in the Canadian market, visit the https://www.iiroc.ca/ website and enter in the top search box the name of a broker you would like to trade with.

Popular brokers for traders from Canada

Broker Regulated by Regulatory agencies ensure that brokers operate in a transparent and honest way. They protect the best interestest of clients and also feature an investor compensation scheme which protects trader's deposits up to a certain limit. Some of the major regulators in the industry include the CySEC in Cyprus, the FCA in the UK and the ASIC in Australia. Min. deposit Trading platforms A trading platform is a computer or mobile software program used to execute transactions within the financial markets. Spreads Spreads of the following companies can be as low as Special features A list of features that provide a given broker with a competitive edge. Ad Disclosure The table below contains links to 3rd party websites of our top partners from whom we receive compensation at no additional cost to you.
IIROC $50 MT4 1.3 PIPs *
  • Strong regulatory framework
  • Superior trade executions
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All trading involves risk. Only risk capital you're prepared to lose.

* Typical spread recorded from the website of the broker on 06.03.2020 at 15:00 GMT.