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Best CFD Forex Brokers in Canada
Last updated September 2, 2026
The top regulated brokers offering CFD accounts to Canada traders — compared on spreads, fees, regulators, and minimum deposit.
How We Ranked
Rankings blend trust, pricing, and platform quality. Risk warning: CFDs carry high risk.
Regulated brokersLow spreadsFast withdrawals
Written by
BrokerAnalysis Research Desk
Fact Checked by
BrokerAnalysis Editorial Team
Personalized broker matching
Need a faster shortlist than reading every Canada page?
Use the guided matching flow to narrow your next broker by country, budget, and trading platform before you compare the full table.
Last reviewed:
•By:BrokerAnalysis Research Desk
•Fact-checked by:BrokerAnalysis Editorial Team
Our 2 top picks for CFD in Canada
We stand behind these two. Everything below is a fuller comparison and lower-weight alternatives.
#1 · Best for CFD in Canada
VT Markets
Offers CFDMin. deposit $50
- Offers CFD
- Regulated: ASIC, FSCA, FSC
- Minimum deposit $50
ASIC, FSCA, FSC
#2 · Best alternative
Moneta Markets
Offers CFDMin. deposit $50
- Offers CFD
- Regulated: FCA, ASIC, FSCA, FSC
- Minimum deposit $50
FCA, ASIC, FSCA, FSC
Why these two
Both brokers here are confirmed to offer CFD for Canada traders — this list only includes brokers we've verified have this specific feature, not every broker that's generally popular in Canada.
CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Trade only what you can afford to lose.
What do CFD brokers actually cost Canada traders?
Across the 10 CFD brokers available to Canada traders on this page, the median researched EUR/USD spread is 0.05 pips, ranging from 0.0 to 1.4 pips, with 9 of those figures taken from the broker's own published specification.
CFD brokers for Canada traders
CFD trading from Canada gives you access to forex, indices, commodities, stocks, and crypto through a single broker account — without owning the underlying assets. Our current ranking starts with VT Markets where it is available, followed by Moneta Markets, OANDA, and Forex.com. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account. This guide ranks 10 brokers for Canada traders. The median minimum deposit across the listed brokers is $30 — low — most traders can start with a modest balance. Local oversight for Canada traders sits with CIRO. Forex and CFD trading access depends on broker permissions and local solicitation rules. Verify serving entity before deposit. Oversight relevant to traders in Canada sits with CIRO.
Country Offers
Browse All PromotionsAvailable offers for Canada traders
Verified broker incentives that may be available in this market. We keep these below the core safety and pricing checks so the shortlist still feels editorial-first.
Welcome Bonus
Moneta Markets
FSCA, ASIC50% + 20% Deposit Bonus (up to $20,000)
50% on first $1,000 + 20% on additional. 50% cashback bonus also available (min $500).
Verified Jun 15, 2026
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Best regulated brokers for Canada traders
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Quick Rankings
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FIND MY BROKERKey Features for Canadian Traders
5 brokers · how we rank
Compare essential features of IIROC-regulated forex brokers available to Canadian residents.
| Broker | Withdrawal | FX commission | Time to open account | USDJPY spread | Regulation & funding | Action | ||
|---|---|---|---|---|---|---|---|---|
| 0.0 pips (Raw ECN) | 1.2 pips (Standard STP) | $50 | 1-2 business days | $3/lot per side (Raw ECN) | — | — | ASIC (Australia)FSCA (South Africa)FSC (Mauritius) | |
| 0.0 pips (ECN) | $50 | 1-2 business days | $3/lot (ECN) | — | — | FCA (UK)ASIC (Australia)FSCA (South Africa) | |
| 1.2 | $0 | 1-3 business days | None | Same day | 1.0 | No tier-1 licence listed | ||
| 1.0 | $100 | 1-2 business days | None | 1-2 days | 1.0 | No tier-1 licence listed | ||
| 0.5 pips (Standard) | $5 | 1 business day | $0 (Spread only on most products) | — | — | No tier-1 licence listed |
Rank 01 · best overall
Spread
0.0 pips (Raw ECN) | 1.2 pips (Standard STP)
Min dep.
$50
Withdrawal
1-2 business days
FX commission
$3/lot per side (Raw ECN)
Time to open account
—
USDJPY spread
—
ASIC (Australia)FSCA (South Africa)FSC (Mauritius)
Visit VT Markets Read reviewRank 02
Spread
0.0 pips (ECN)
Min dep.
$50
Withdrawal
1-2 business days
FX commission
$3/lot (ECN)
Time to open account
—
USDJPY spread
—
FCA (UK)ASIC (Australia)FSCA (South Africa)
Visit Moneta Markets Read reviewRank 03
Spread
1.2
Min dep.
$0
Withdrawal
1-3 business days
FX commission
None
Time to open account
Same day
USDJPY spread
1.0
Rank 04
Spread
1.0
Min dep.
$100
Withdrawal
1-2 business days
FX commission
None
Time to open account
1-2 days
USDJPY spread
1.0
Rank 05
Spread
0.5 pips (Standard)
Min dep.
$5
Withdrawal
1 business day
FX commission
$0 (Spread only on most products)
Time to open account
—
USDJPY spread
—
We earn a commission when you open an account through the buttons above. It does not change the ranking — our methodology. High risk: 68–80% of retail CFD accounts lose money.
In-Depth Broker Analysis
Our research team continuously monitors over 100 parameters per broker. Below is a detailed breakdown of our top-rated platforms, including their distinct advantages, ideal user profiles, and potential drawbacks.
Our Rating
4.8/5.0
Best Fortraders who want free signals, 100% deposit bonus, copy trading support, and Raw ECN pricing
Min Deposit$50
VT Markets Review Summary
VT Markets is an ECN / STP broker regulated by ASIC (Australia), FSCA (South Africa), FSC (Mauritius). Best suited to traders who want free signals, 100% deposit bonus, copy trading support, and Raw ECN pricing. EUR/USD from 0.0 pips (Raw ECN) | 1.2 pips (Standard STP), minimum deposit $50.
Pros
- 100% deposit bonus on first deposit (minimum deposit $50)
- Raw ECN account with 0.0 pip spread potential
- MT4 and MT5 available across desktop and mobile
- Free Telegram signals funnel through Unshakable Traders
Cons
- Entity, leverage, and protection level vary by country
- Free signals are educational support, not profit guarantees
- Traders still need to manage risk and verify terms before depositing
Our Rating
4.1/5.0
Best ForECN traders & copy-trading followers across Asia-Pacific
Min Deposit$50
Moneta Markets Review Summary
Moneta Markets is an ECN / STP broker regulated by FCA (UK), ASIC (Australia), FSCA (South Africa), FSC (Mauritius). Best suited to ECN traders & copy-trading followers across Asia-Pacific. EUR/USD from 0.0 pips (ECN), minimum deposit $50.
Pros
- FCA and ASIC regulated
- ECN spreads from 0.0 pips
- Native CopyTrader + DupliTrade copy trading
- Low $50 minimum deposit
Cons
- Relatively newer brand vs. legacy competitors
- Ultra ECN tier needs $20,000
Our Rating
4.5/5.0
Best ForBest overall CIRO-regulated broker.
Min Deposit$0
OANDA Review Summary
OANDA is fully CIRO-regulated with a Canadian head office in Toronto. They offer competitive spreads and the choice between spread-only or commission-based pricing. Popular among Canadian traders for their transparent pricing and local support.
Pros
- Regulation varies by entity
- Minimum deposit: $0
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Average — compare account types before opening
Our Rating
4.5/5.0
Best ForRegulated with platform choice.
Min Deposit$100
Forex.com Review Summary
Forex.com combines CIRO regulation with flexible account options. Choose between spread-only pricing or commissions, with access to TradingView platform and MT4/MT5 for strategy development.
Pros
- Regulation varies by entity
- Minimum deposit: $100
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Average — compare account types before opening
Our Rating
4.5/5.0
Best ForBest for synthetic indices traders & digital options users.
Min Deposit$5
Deriv Review Summary
Deriv is a multi-regulated broker with DTrader, DBot, Deriv MT5, Deriv X, SmartTrader access, 0.5 pips (Standard) on EUR/USD, and $5 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- Regulation varies by entity
- Minimum deposit: $5
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Competitive spread structure — compare account types before opening
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Frequently Asked Questions About CFD Forex Brokers in Canada
Frequently Asked Questions
The best CFD brokers for Canada traders offer competitive spreads across multiple asset classes (not just forex), reliable CAD deposits, and strong regulation. All brokers on this page are verified for Canada availability.
When you buy a stock, you own a share of the company. When you trade a stock CFD, you speculate on price movement without ownership. CFDs allow leverage and short-selling, but carry higher risk and overnight financing costs.
Leverage varies by regulation and asset class. EU/UK/AU-regulated brokers offer up to 1:30 for forex, 1:20 for indices, 1:10 for commodities. Offshore brokers may offer 1:500+ but with less regulatory protection.
CFD trading is legal in most countries including Canada, though it is banned in the US and restricted in some markets. The brokers listed here accept Canada residents and hold valid licences.
Three cost components: (1) spread — the gap between buy and sell price; (2) commission — some brokers charge per-lot; (3) overnight swap — a financing charge for holding positions past the daily rollover. Day traders avoid swaps.
Forex (EUR/USD, GBP/USD), stock indices (S&P 500, NASDAQ, DAX), commodities (gold, oil), and cryptocurrency CFDs (Bitcoin, Ethereum). Multi-asset CFD brokers let you trade all of these from one account.
Forex trading in Canada: Forex and CFD trading access depends on broker permissions and local solicitation rules. Verify serving entity before deposit. The market is overseen by CIRO. Verify your own eligibility with the broker before funding an account — rules can change and we date-stamp this page when they do.
Top Searched Questions
Is forex trading regulated in Canada?
Yes, forex trading is regulated provincially in Canada. IIROC (now CIRO) oversees investment dealers nationally, while each province has its own securities commission. Canadian traders benefit from strict leverage limits and mandatory CIPF coverage. Not all international brokers accept Canadian clients due to regulatory complexity.
Information automatically localized based on "forex trading canada" and related trends.
Sources & References
- VT Markets — published spread specification— VT Markets (2026)
- OANDA — published spread specification— OANDA (2026)
- Forex.com — published spread specification— Forex.com (2026)
- FP Markets — published spread specification— FP Markets (2026)
- Fusion Markets — published spread specification— Fusion Markets (2026)
- Hantec Markets — published spread specification— Hantec Markets (2026)
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Risk Warning: Forex and CFD trading involves significant risk of loss and may not be suitable for all investors. You could lose more than your initial investment. 68-80% of retail investor accounts lose money when trading CFDs with most providers. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
Not Financial Advice:
Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers. See Editorial Policy and Data Sources.
Affiliate Disclosure:
BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology. Read our Content Standards.
Regional Availability Notice
Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows the country-acceptance status captured in our latest eligibility checks.
How we measured this — CFD brokers for Canada traders
Across the 10 CFD brokers available to Canada traders on this page, the median researched EUR/USD spread is 0.05 pips, ranging from 0.0 to 1.4 pips, with 9 of those figures taken from the broker's own published specification.
- median researched EUR/USD spread
- 0.05 pips
- Brokers measured
- 10
- Linked to broker spec
- 9 of 10
- Data as of
- 2026-09-02
Figures compiled by BrokerAnalysis from each broker's own published specification where available, otherwise from our broker catalogue. Per-broker spreads, minimum deposits and regulators are listed in the comparison table on this page. Spreads are typical, not guaranteed, and change with market conditions.
Sources: vtmarkets.com · oanda.com · forex.com · fpmarkets.com · fusionmarkets.com · hantec.com · blackbull.com · monetamarkets.com · www2.deriv.me
What changes locally
- Oversight relevant to traders in Canada sits with CIRO.