Canada > Main > English

Forex Trading Canada

Trying to find information for online Forex trading in CA? We have reviewed over 900 online trading companies for Canadians. Get started now at the best Forex broker for Canada: FP Markets (500:1 Leverage)

Top 5 Forex Offers for Canada

Full List of Canada Forex Brokers

Forex Trading Explained

Forex is referred to as a decentralized global market. This is where the entire world’s currencies trade, both traders and investors buy and sell currencies here. The Forex market is the largest as well as the most liquid market in the world. Forex trading normally involves two currencies; this is because you are battling on a currency value against another. Forex trading can be the best way to earn cash, and this can be a thrilling investment only if you know how to trade wisely. It is therefore important that you have a basic knowledge before venturing into this business.

Get Started Here →

ForexPortal.ca is a Canadian-made website. We're dedicated to promoting safe online trading in Canada. We encourage our visitors to sign up with companies that are not under the control of the "big 6" banks. Some say that diversity is our strength. That should apply to online trading as well!

Try to Earn a Profit with Forex in Canada: Get Started Here

#1 Rated Best Canada Broker

Trade with up to 500:1 Leverage and 0 Spreads
Regulated and Licensed by CySec and Financial Sector Conduct Authority
Over 10,000 Trading Instruments Available on MT4 or WebTrader
Claim a 100% Bonus up to $500 on Your First Deposit

Open an Account

Try a Free Demo

FP Markets: See our Review

500:1 Leverage - FP Markets!

#2 Rated Best Canada Broker

Trade 40 major and minor forex pairs with ultra-low spreads
AI-powered trading tools including an economic calendar and auto-trading tool Capitalise.ai
Choose to trade with TradingView, MetaTrade 4 or 5
Weekly events and webinars allow you to connect with Eightcap's trading professionals

Open an Account

Try a Free Demo

Eightcap: See our Review

Lowest Spreads - Eightcap!

#3 Rated Best Canada Broker

Advanced features to enhance your trading experience and boost performance
Responsive support team to address your trading queries and concerns
Build a balanced portfolio with a wealth of investment options
Trade Forex, indices, shares, metals & commodities effectively

Open an Account

20%-50% bonus - Ultima Markets

Ultima Markets: See our Review

20%-50% bonus - Ultima Markets!

How to Join Forex in Canada

Pick a Broker

Start Trading!

Is Forex Trading in Canada Legal?

Yes! It is completely safe and 100% legal to for any Canadian to trade Forex. All of the Canada online trading sites displayed in our top 5 is regulated by an authority such as the Hong Kong Securities and Futures Commission (SFC) and is respectful of the law. We don't link to any Forex broker that is illegal in Canada.

Get the full details here: Forex trading in Canada legal information

Is Forex Trading Legal in Canada? Read About It Canada

What is CFD Trading?

With CFD trading, one does not need to buy and sell the underlying assets, one should only buy or sell a number of units for a specific instrument, and this is done only depending on the rise or fall of the prices of such instruments. In order to maximize your profits with CFD, you must be ready to work extra hard and come up with a coherent as well as a definite plan which is aimed at nothing but profit maximization.

Start Trading CFDs: Top Rated CFD Brokers

What are ECN brokers?

ECN is a network where banks, as well as market makers, compete for bids; this will then be passed to the potential traders by the ECN brokers. Therefore, one can get really low spreads on ECNs, especially on currency pairs like GBP/USD or EUR/USD liquid currencies. With ECN brokers, you are sure you will be in a position to get better bids, and also, good ECN brokers will never trade against you, they will always pass your order to the bank or another potential customer.

Trade at Market Value: Best ECN Platforms

Reviews of Every Broker Forex Canada

ForexPortal.ca is rated as one of the best Forex review portal website. Launched in 2013, our team has grown a reputation for writing fair and unbiased reports online trading platforms for Canadians. We are diligent in our tests of Canada Forex trading company offerings.

Note: If you are not in Canada update to the appropriate version of our site.