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Magnum Options Canada

Item: Magnum Options
Rating: 6.5
Author: Agent Dan

Magnum Options is ranked #262 of 984 for Forex Broker in Canada

Magnum Options Screenshot

While Magnum Options might offer online trading in Canada, we will not recommend investing there. It is one of the lowest ranking Canada Forex broker, with a rating of 6.5/10. You should avoid trading at any site rated lower than 7.5, because there are much better forex trading alternatives available for Canadians.

At this time our best Forex broker in Canada is: FP Markets. If you are finding for an alternative to Magnum Options you should start there. To browse all of the best brokers available for you, see our list: Forex Trading Canada. If you choose to visit Magnum Options anyway, www.magnumoptions.com is their website.

Best Alternate in Canada for Magnum Options

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

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FP Markets: See our Review

500:1 Leverage - FP Markets!

All Canada Forex Broker

#2 Rated Best Canada Broker

Versative trading platform allows you to trade with MetaTrader or 'copy' other traders with Copy-trading
Several great promotions including cashback and deposit bonuses
Hundreds of CFDs available including stocks and cryptocurrency
Get started easily with a low ($100) minimum deposit and dozens of banking methods

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AMarkets: See our Review

15% Bonus - AMarkets!

All Canada Forex Broker

#3 Rated Best Canada Broker

Use the award-winning Forex trading software xStation5
Trade Bitcoin and other Cryptocurrencies with up to 1:22 leverage
Regulated by the FCA in the United Kingdom
Offering online trading for over 14 years

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XTB: See our Review

Earn Cashback - XTB!

All Canada Forex Broker

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 Financial Institutions Supervisory Committee (FISC) 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