.PNG)
Forex brokers in Canada are regulated by Canadian Securities Adminisrators (CSA). If you open an account with Canadian forex broker, your account is insured for $1 million through the Canadian Investor Protection Fund (CIPF). You can find CIPF members here.
Besides financial regulators in Quebec and Ontario address additional requirements of CFD and Forex brokers
In contrast to US forex brokers, which are not permitted to offer hedging and require traders to follow first-in, first-out (FIFO) when closing positions, Canadian forex brokers are not subject to such restrictions.
Below is a list of forex brokers, registered and regulated in Canada.
*InvestTechFX and Fx Clearing claim to be Canadian forex brokers, but they are not CIPF members.
| Broker | Regulated | Min deposit | Leverage | Spread | Promotion |
|
 |
$2000 | 1:50 | 1 | |
|
|
$1 000 | 1:30 | 2 | |
|
|
$250 | 1:200 | 2 | |
|
$100 | 1:500 | 1 | 10% Bonus |
|
|
$10 | 1:500 | 2 | 40% Bonus |
© 2012 ForexBrokerz.com