Important Notice for Canadian Residents
Forex trading, CFD trading, and other leveraged financial products carry substantial risk and are not suitable for all investors. Before engaging with any broker listed on this website, Canadian residents should carefully consider the following risks:
You could lose all of your invested capital. Forex and CFD trading involve high leverage, which can magnify both profits and losses. Many retail traders (estimates suggest 70-80% or more) lose money when trading these products. Never invest money you cannot afford to lose, and never trade with funds needed for essential expenses like rent, mortgage payments, or living costs.
While some brokers offer leverage ratios up to 500:1, high leverage significantly increases risk exposure. A small adverse market movement can result in losses exceeding your initial deposit, potentially leaving you owing money to your broker.
While forex trading is legal in Canada, not all brokers listed on this site are regulated by Canadian authorities such as the Investment Industry Regulatory Organization of Canada (IIROC) or provincial securities commissions. Brokers regulated in other jurisdictions may not provide the same investor protections available to Canadians. If you experience disputes with offshore brokers, recovering funds can be extremely difficult or impossible.
Currency markets operate 24/5 and can experience extreme volatility due to economic announcements, geopolitical events, or unexpected market shocks. Rapid price movements can trigger stop-loss orders at unfavorable prices or create "slippage" where trades execute at different prices than expected.
Past performance does not indicate future results. Any promotional materials suggesting guaranteed profits, risk-free trading, or "get rich quick" schemes should be treated with extreme skepticism.
Before trading, Canadians should:
This website receives compensation from listed brokers, which may influence rankings and reviews. Always conduct independent due diligence.
