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Expert reviews

Forex Broker Reviews for Canadian Traders

In-depth, independently scored reviews of every broker in our rankings.

OC OANDA Canada

9.6/10 · #1 in Canada

A long-standing name in retail forex with transparent pricing, strong research tools and no minimum deposit — a natural first pick for Canadian traders at any level.

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FC FOREX.com Canada

9.4/10 · #2 in Canada

The strongest MetaTrader offering available to Canadians. If you run Expert Advisors or want MT5's depth-of-market tools, this is the benchmark broker.

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IB Interactive Brokers Canada

9.2/10 · #3 in Canada

The cost leader for high-volume and multi-asset traders. Raw spreads with a small commission, plus access to stocks, options and futures in the same account.

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CM CMC Markets Canada

9.1/10 · #4 in Canada

The broadest forex range in Canada by a distance, wrapped in an award-winning proprietary platform with exceptional charting.

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FD Friedberg Direct (AvaTrade)

8.9/10 · #5 in Canada

AvaTrade's platform suite delivered through a Canadian-regulated dealer. Fixed spreads make cost planning simple — useful for news traders and EAs alike.

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How do we score brokers?

Five weighted factors, tested on live and demo accounts. No pay-for-placement in ratings.

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