Best CFD Brokers in Canada 2025
Drawing from extensive hands-on experience, we’ve identified the top Canadian CFD brokers, prioritizing competitive spreads, robust platforms, and regulatory compliance for informed trading decisions.
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CFD Trading
You can trade over 2,250 CFDs 24/5 in various markets like forex, commodities, indices, stocks, and bonds. IC Markets uses high-level technology and liquidity to provide the best conditions for scalpers, hedgers, and algorithmic traders.
✓ Canada Dollar (CAD) Account -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.5 CFD Trading
You can trade a variety of CFDs including forex, commodities, stocks, indices, and cryptocurrencies. Leverage up to 1:500 is accessible for experienced traders in certain regions, while newcomers can use micro-lots. There are no limits on short-term CFD trading strategies.
✓ Canada Dollar (CAD) Account -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.5 CFD Trading
FXCC provides a small assortment of CFDs, including forex, selected metals, energies, indices, and cryptocurrencies. It also offers high leverage up to 1:500. This feature is particularly advantageous for seasoned traders seeking to enhance their purchasing power and speculate on fluctuating prices.
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.9 CFD Trading
AvaTrade offers over 1250+ leveraged CFD products in various asset classes, such as stocks, indices, commodities, bonds, crypto, and ETFs. You can trade on both rising and falling prices using the broker’s advanced web and mobile platforms, which include top research tools for finding short-term trading opportunities.
✓ Canada Dollar (CAD) Account -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.4 CFD Trading
FOREX.com offers trading capabilities for both long and short positions in over 5,500 Contract for Difference (CFD) opportunities across forex, stocks, indices, commodities, and cryptocurrencies. Their unique Web Trader platform provides a premium trading experience, equipped with over 80 technical indicators and fast execution speeds of only 20 milliseconds, providing an ideal environment for dedicated traders.
✓ Canada Dollar (CAD) Account
Compare Brokers
Safety Comparison
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Mobile Trading Comparison
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Comparison for Beginners
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Comparison for Advanced Traders
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Accounts Comparison
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Detailed Rating Comparison
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Fee and Cost Comparison
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Broker Popularity
See how popular the Best CFD Brokers in Canada 2025 are in terms of number of clients.
Broker | Popularity |
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FOREX.com |
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AvaTrade |
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IC Markets |
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Fusion Markets |
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Why Trade With IC Markets?
IC Markets provides excellent prices, quick execution, and smooth deposits. The utilization of sophisticated charting platforms such as TradingView and the Raw Trader Plus account makes it a preferred choice for intermediate to advanced traders.
Pros
- IC Markets provides some of the smallest spreads in the industry, offering 0.0-pip spreads on major currency pairs. This makes trading particularly cost-efficient for traders.
- You can trade more than 2,250 CFDs in various markets, such as forex, commodities, indices, stocks, bonds, and cryptocurrencies. This range enables varied trading strategies.
- IC Markets, a well-regulated and respected broker, emphasizes client security and transparency for a trustworthy global trading experience.
Cons
- The range and quality of educational materials, such as tutorials and webinars, require improvement. This lag falls behind competitors like CMC Markets and reduces its suitability for novice traders.
- Some withdrawal methods require fees such as a $20 wire charge. This can reduce profits, particularly for traders who withdraw frequently.
- IC Markets have a selection of metals and cryptos for trading through CFDs, but their range is not as wide as brokers such as eToro. This may limit options for traders who are interested in these asset types.
Why Trade With Fusion Markets?
Fusion Markets is a top choice for forex traders seeking competitive prices with near zero spreads, minimal commissions, and new TradingView integration. The company, based and regulated in Australia by the ASIC, is especially suitable for Australian traders.
Pros
- Fusion Markets stands out for its competitive pricing, offering narrow spreads and lower-than-average commissions attractive to active traders.
- Execution speeds averaging 37 milliseconds significantly outpace many competitors, assisting traders in obtaining the best prices in quickly changing markets.
- The variety and quality of charting platforms and social trading features are superb. TradingView, MT4, MT5, and cTrader cater to diverse trading preferences.
Cons
- Non-Australian traders need to register with global entities that have less regulation, limited safety measures, and no protection against negative balances.
- The lack of a beginner-friendly trading platform or app is a significant disadvantage compared to AvaTrade.
- Fusion Market falls short in providing educational resources compared to competitors like eToro and IG. It offers few guides and live video tutorials for inexperienced traders.
Why Trade With FXCC?
FXCC consistently shows its strength as a choice for forex traders. It offers over 70 types of currency pairs, low spreads starting from 0.0 pips that we've seen in tests, and high leverage of up to 1:500 with the ECN XL account.
Pros
- FXCC has added MT5, which in our tests, matched MT4’s trading conditions with quick execution, improved charting, and depth of market tools.
- There are no limitations on short-term trading strategies such as trading and scalping.
- No deposit fees are charged, except for standard crypto mining fees. This is beneficial for active traders.
Cons
- A limited range of research tools such as Trading Central and Autochartist are available, similar to those offered by industry leaders like IG.
- FXCC's exclusive use of MetaTrader is a disadvantage compared to alternatives like AvaTrade, which offers five platforms for different trader preferences.
- The variety of currency pairs surpasses most options, but the choice of other assets is limited, specifically, there are no stocks.
Why Trade With AvaTrade?
AvaTrade provides traders with essential tools: an intuitive WebTrader, strong AvaProtect risk management, a quick 5-minute sign-up, and reliable support for fast-paced markets.
Pros
- Years later, AvaTrade is still among the few brokers with a custom risk management tool, AvaProtect, which insures losses up to $1M for a fee and is simple to use on the platform.
- AvaTrade enhances its products with AvaFutures, offering an alternative to trade over 35 markets with low trading margins.
- AvaTrade's support team did well in tests, responding within 3 minutes and providing local support in major regions like the UK, Europe, and the Middle East.
Cons
- Signing up is easy, but AvaTrade doesn't offer an ECN account like Pepperstone or IC Markets, which provides raw spreads and fast execution that many traders want.
- The AvaSocial app is satisfactory but could be better. Its design, usability, and navigation between strategy providers and account management need improvement to compete with top platforms like eToro.
- AvaTrade’s WebTrader has improved, but it needs more customization as widgets like market watch and watchlists can't be hidden, moved, or resized.
Why Trade With FOREX.com?
FOREX.com is a top-tier brokerage suitable for forex traders of all skill levels. It offers more than 80 currency pairs, has small spreads starting from 0.0 pips, and features low fees. The platform provides powerful charting tools that include over 100 technical indicators and multiple research aids.
Pros
- FOREX.com provides a selection of top trading platforms and additional features. These include Trading Central research, a SMART Signals pattern scanner, trading signals, and strategy builders.
- Numerous educational materials such as tutorials, webinars, and a comprehensive YouTube channel are available to assist you in learning about the financial markets.
- The Web Trader remains one of the top platforms for budding traders, boasting a sleek design and more than 80 technical indicators for market analysis.
Cons
- US clients do not have negative balance protection, so you can potentially owe more than your original account deposit.
- The funding options are not as extensive as those of top competitors such as IC Markets and lack several widely-used e-wallets, particularly UnionPay and POLi.
- FOREX.com has expanded their trading offerings, but these remain limited to forex and CFDs. Unfortunately, they don't provide options to invest in actual stocks, ETFs, or cryptocurrencies.