Forex brokers regulated in Canada

Canada is home to one regulator tracked by ForexLicenses.com: the Canadian Investment Regulatory Organization (CIRO). We match 7 brokers to a licence from this regulator. 2 brokers are headquartered in Canada.

Rules for traders in Canada

Canadian brokers must be CIRO dealer members registered in the client's province; CIPF protects client assets if a member fails.

Regulators in Canada

Brokers licensed in Canada 7

Brokers matched to at least one licence from a regulator based in Canada. Holding a local licence does not mean every client of the brand is served by the local entity.

Broker Licences on record Licence Score Actions
1 CM CMC Markets Spread betting & CFD provider, since 1989 ASICBaFinCIROFCAMASFMA (NZ) 86Very strong Licences Visit site
2 FC FOREX.com Forex & CFD broker, since 2001 ASICCFTC / NFACIROFCAJFSAMAS+1 86Very strong Licences Visit site
3 IB Interactive Brokers Multi-asset broker, since 1978 ASICCBICFTC / NFACIROFCAJFSA+2 83Very strong Licences Visit site
4 O OANDA Forex & CFD broker, since 1996 ASICCFTC / NFACIROFCAJFSAMAS+2 82Very strong Licences Visit site
5 F Fortrade Forex & CFD broker, since 2013 ASICCIROFCACySEC 71Strong Licences Visit site
6 FD Friedberg Direct Forex & CFD broker, since 1971 CIRO 60Moderate Licences Visit site
7 Q Questrade Multi-asset broker, since 1999 CIRO 60Moderate Licences Visit site

Brokers headquartered in Canada 2

Broker Licences on record Licence Score Actions
FD Friedberg Direct Forex & CFD broker, since 1971 CIRO 60Moderate Licences Visit site
Q Questrade Multi-asset broker, since 1999 CIRO 60Moderate Licences Visit site

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.