
FP Markets
ASIC (Australia)Refer a Friend: Earn up to $200
Referral bonus pays $50-$200 after a friend funds and trades the required volume.
Use the guided matching flow to narrow your next broker by country, budget, and trading platform before you compare the full table.
We stand behind these two. Everything below is a fuller comparison and lower-weight alternatives.


Both brokers here are confirmed to offer NinjaTrader 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.
NinjaTrader brokers give Canada traders access to one of the most powerful desktop trading platforms — with advanced charting, market replay, backtesting, and NinjaScript automated trading. Our current ranking starts with FP Markets where it is available, followed by Deriv, TIO Markets, and VT Markets. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account. This guide ranks 3 brokers for Canada traders. The median minimum deposit across the listed brokers is $50 — 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.
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.

Refer a Friend: Earn up to $200
Referral bonus pays $50-$200 after a friend funds and trades the required volume.

100% Deposit Bonus + Free Telegram Signals
100% deposit bonus + free Telegram signals. Join @unshakabletraders — VT Markets registration link is pinned inside.

50% + 20% Deposit Bonus (up to $20,000)
50% on first $1,000 + 20% on additional. 50% cashback bonus also available (min $500).
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10 brokers · how we rank
Compare essential features of IIROC-regulated forex brokers available to Canadian residents.
| Broker | Withdrawal | FX commission | Withdrawal fee | Deposit fee | Regulation & funding | Action | ||
|---|---|---|---|---|---|---|---|---|
| 0.0 pips (Raw) | $100 | Same day to 1 business day | $3/lot (Raw) | — | — | No tier-1 licence listed | ||
| 0.5 pips (Standard) | $5 | 1 business day | $0 (Spread only on most products) | — | — | No tier-1 licence listed | ||
| From ~1.0 pips (confirm current terms) | $50 | Confirm current terms directly | $0 (spread only, confirm current terms) | Confirm current terms | Free (advertised) | No tier-1 licence listed | ||
![]() | 0.0 pips (Raw ECN) | 1.2 pips (Standard STP) | $50 | 1-2 business days | — | — | — | ASIC (Australia)FSCA (South Africa)FSC (Mauritius) | |
![]() | 0.0 pips (Raw) | 0.2 pips (Standard) | $1 | Instant | — | — | — | FCA (UK)CySEC (Cyprus)FSCA (South Africa) | |
![]() | 0.0 pips (Prime) | 1.4 pips (Pro) | $10 | Instant for most electronic methods | — | — | — | FSC (Belize) | |
![]() | 0.0 pips (ECN) | $50 | 1-2 business days | — | — | — | FCA (UK)ASIC (Australia)FSCA (South Africa) | |
![]() | 1.0 pips (Premium) | 0.0 pips (Zero) | $0 | 24 hours | — | — | — | FCA (UK)CySEC (Cyprus)DFSA (Dubai) | |
![]() | 0.6 pips (Ultra Low) | 1.6 pips (Standard) | $5 | 24 hours | — | — | — | CySEC (Cyprus)ASIC (Australia)DFSA (Dubai) | |
![]() | 1.3 pips (Standard) | $50 | 1-2 business days | — | — | — | FCA (UK)ASIC (Australia)CySEC (Cyprus) |










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.
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.

FP Markets is a multi-regulated broker with MT4, MT5, cTrader, IRESS access, 0.0 pips (Raw) on EUR/USD, and $100 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

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.

TIO Markets is a multi-regulated broker with MT4, MT5 access, From ~1.0 pips (confirm current terms) on EUR/USD, and $50 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

VT Markets is a multi-regulated broker with MT4, MT5, VT Markets App, WebTrader access, 0.0 pips (Raw ECN) | 1.2 pips (Standard STP) on EUR/USD, and $50 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

Exness is a multi-regulated broker with MT4, MT5, Exness Terminal, Exness Trade App access, 0.0 pips (Raw) | 0.2 pips (Standard) on EUR/USD, and $1 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

RoboForex is a multi-regulated broker with MT4, MT5, cTrader, R StocksTrader access, 0.0 pips (Prime) | 1.4 pips (Pro) on EUR/USD, and $10 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

Moneta Markets is a multi-regulated broker with MT4, MT5, AppTrader, ProTrader access, 0.0 pips (ECN) on EUR/USD, and $50 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

HFM is a multi-regulated broker with MT4, MT5, HFM App access, 1.0 pips (Premium) | 0.0 pips (Zero) on EUR/USD, and $0 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

XM is a multi-regulated broker with MT4, MT5, XM App access, 0.6 pips (Ultra Low) | 1.6 pips (Standard) on EUR/USD, and $5 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

FXCM is a multi-regulated broker with Trading Station, MT4, TradingView access, 1.3 pips (Standard) on EUR/USD, and $50 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
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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.
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.
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.
Across the 3 NinjaTrader brokers available to Canada traders on this page, the median researched EUR/USD spread is 0.5 pips, ranging from 0.0 to 1.0 pips, with 2 of those figures taken from the broker's own published specification.
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: fpmarkets.com · www2.deriv.me