Best Forex Brokers in Canada 2022 🔥 TOP 3 🔥
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Best Forex Brokers in Canada 2022 🔥 TOP 3 🔥
With a population of over 37 million people, Canada has a thriving Forex scene. The country also has one of the best sets of regulations to protect traders from poor practices by disreputable Forex brokers.
Whether you’re a Canadian resident or not, finding the best Canadian Forex brokers can help you find the best investor protection available anywhere in the world as well as access to some of the best Forex trading platforms and online trading software.
There is a great deal of choice amongst Canadian Forex brokers from account types, trading platforms, trading software, and margin requirements. Our team of analysts and experts at DailyForex have searched and found the best Forex brokers in Canada so you do not have to do the hard work.
1. Forex.com: Forex.com is a leading online forex and CFD trading platform. Founded in 1999, Forex.com has over 16 years of experience in providing trading services to retail traders. In addition, the holding company GAIN Capital Holding Inc is listed on the New York Stock Exchange (ticker symbol GCAP).
Regarded as the industry-standard platform for online forex trading, the MT4 platform is packed with features and tools and even allows traders to customize it for automated trading. With the MT4, traders also get to access more than 30 types of CFDs and 45 forex markets.
Forex.com full broker review:
2. Interactive: Interactive Brokers (IBKR) ranks very close to the top in our 2022 review due to its wealth of tools for sophisticated investors who are interested in tracking global investing trends. The firm makes a point of connecting to any electronic exchange globally, so you can trade equities, options, and futures around the world and around the clock. In the fall of 2022, Interactive Brokers rolled out its Impact Dashboard, which helps customers align their personal values with their portfolios, and rolled out additional ESG research and tools that locate international opportunities.
Full broker review:
3. HYCM: While its storied history is impressive when it comes to trading forex and CFDs across its global brands, HYCM fails to impress. Effective spreads are high across all account options, and research and education are sub-par when compared to industry leaders.
Full broker review:
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