All Forex and CFD brokers in Canada

Our 6 CIRO-authorized brokers, ranked by rating on 40 criteria.

The ranking at a glance

As of November 11, 2026, Forex Brokers Canada reviews 6 Forex and CFD brokers authorized by CIRO and members of the CIPF. AvaTrade has the highest rating (9.8/10), followed by FOREX.com (9.5/10). The minimum deposit ranges from $0 (OANDA) to $1,000 (Questrade). 4 brokers offer MetaTrader 4, 2 offer MetaTrader 5 and 2 let you trade from TradingView.

BrokerRatingMinimum depositMT4MT5TradingView
AvaTrade9.8/10$100YesYesNo
FOREX.com9.5/10$100YesYesYes
OANDA9.3/10$0YesNoYes
Plus5009.3/10$100NoNoNo
Questrade9.2/10$1,000NoNoNo
Fortrade8.7/10$200YesNoNo

Full ranking

6 brokers authorized in Canada, ranked by overall rating. Where ratings are equal, the display order does not indicate a preference.

We rate each broker on 40 criteria grouped into 5 pillars: regulation, fees, platforms, instruments and customer service. The ratings below follow our public methodology. See the methodology

  1. 1

    AvaTrade

    9.8/10
    • $100 minimum deposit
    • CIRO-authorized, CIPF member
    • Forex, CFDs, options, indices
  2. 2

    FOREX.com

    9.5/10
    • Subsidiary of StoneX (NYSE)
    • More than 80 currency pairs
    • TradingView integration
  3. 3

    OANDA

    9.3/10
    • No minimum deposit required
    • Some of the lowest spreads in the industry
    • Native TradingView integration
  4. 4

    Plus500

    9.3/10
    • Intuitive proprietary platform
    • $100 minimum deposit
    • CIRO-authorized
  5. 5

    Questrade

    9.2/10
    • Established Canadian broker
    • RRSP and TFSA accounts available
    • North American stocks and ETFs
  6. 6

    Fortrade

    8.7/10
    • $200 minimum deposit
    • Free education included
    • CIRO-authorized

Ranking updated on , based on our public 40-criteria methodology.

Rankings by product and by platform

To see only the brokers that offer a specific product or platform, check our dedicated rankings: Forex, CFD, MetaTrader 5, MetaTrader 4 and TradingView.