Best Forex Broker Canada

In Canada forex traders have quite a wide choice of forex brokers to trade with, despite of certain regulatory restrictions. Forex market in Canada has its own regulation authority overseeing all the country-based forex websites and ensuring security of the traders’ personal information. Canada is remarkable for its level of personal and financial data protection, which is one of the highest on the global level.

The regulator’s functions of the local forex market belong to the office of the Canadian Securities Administrators (CSA). In general, regulatory procedures are following those of the U.S. and the United Kingdom. For Canadian traders who want to make sure they choose the best Canadian forex broker it is recommended that they contact CSA for detailed financial information or characteristics of a company in question.

Many Canadian investors definitely prefer local brokerage companies to those located in the international financial centers, such as New York or London. In any case, Canadian forex companies have gained solid and positive reputation on the market. Therefore, when choosing local brokers, private traders from Canada can be sure they benefit in two ways: they receive helpful and responsive customer support together with professional approach keeping up with the highest industry standards.

The principal difference between the US and the Canadian currency traders is that in Canada they do not necessarily have to open an account with a locally licensed broker: they can select almost any broker they like.

Currency trading offers are diverse in Canada, and it might take som time and expertise to figure out the best choice in terms of services, trading conditions, financial terms, etc in order to choose the best forex broker Canada to trade with.

Share your opinion on the best forex broker in Canada! Vote here.

Best Forex Broker Canada 2024 Nominees

Forex Broker Ratings Results Rating dynamics
1 Octa Review and Awards Overall rating
Commissions rating
Education rating
Service rating



Octa voting dynamics Rate
2 FXCM Review and Awards Overall rating
Commissions rating
Education rating
Service rating



FXCM voting dynamics Rate

Best Forex Broker Canada – Previous Years Winners

Best Forex Broker Canada – Most Indicated Strengths

Indicated strengths reflect the users' preferences

Top Forex Nominations 2024

Nomination Nominees
1 Best Forex Broker NordFXHFMWeTradeOtet Markets
2 Best Execution Broker ActivTradesXeroMarketsVIG InvestmentITB
3 Best Forex Expo Forex Expo 2022Forex Expo Cyprus 2022Forex Expo Egypt 2022TradersExpo 2022MoneyShow 2022iFX Expo Dubai 2022
4 Best Cryptocurrency and Forex Broker NordFXGIBXChangeIS6FXVIG InvestmentITB
5 Best Trading Application Otet MarketsGVD MarketsDCFXSSIMGIBXChange
6 Best CFD Broker Asia NordFXOctaXeroMarkets
7 Best Micro Forex Broker HFMOctaIS6FXAdroFX
8 Best Trading Platform DCFXQuadcode MarketsFXCentrumGVD MarketsOtet Markets
9 Best ECN / STP Broker OctaVIG InvestmentAdroFXWeTradeOtet Markets
10 Best Cryptocurrency Broker NordFXHFMOctaXeroMarkets
11 Best Forex Broker Europe ActivTradesXTrend SpeedVT Markets
12 Best Cryptocurrency Trading Platform GIBXChangePointPay
13 Best Forex Mobile Application Quadcode MarketsFXCentrum
14 Best Forex Broker Asia DCFXFXCentrumWeTrade
15 Best Forex Broker Middle East NordFXXeroMarketsITBVT Markets
16 Most Transparent Broker NPBFXXTrend SpeedVIG InvestmentQuadcode MarketsITB
17 Best Trade Executions OctaNPBFXCedarFXGIBXChangeGVD Markets
18 Best Mobile Trading Platform IQ OptionDerivSSIMVT Markets
19 Best Dealing Room Kohle Capital MarketsCedarFX
20 Best Social Trading Network NordFXOctaWeTradeGVD Markets

All Forex Nominations