WhileCFD tradingis banned in the United States and forex trading is very limited, its a bit more available in Canada.

That being said, the country has some of the strictest trading rules in the world so finding the besttrading platformin Canada requires research and knowledge.

To help ensure that youre only trading with the best brokers in Canada, weve put hundreds of hours into testing and listing the best of the best.

Without further ado, here are best online brokerages in Canada.

Best Stock Trading Platforms & Brokers in Canada

Best Forex Trading Platforms & Brokers in Canada

Best Crypto Trading Platforms & Brokers in Canada

Best Trading Apps for Stocks and Forex in Canada

Your capital will be at risk when using any of the recommended platforms in this article. Never invest money you cant afford to lose. Using a high leverage can result in losses of capital.  65-89% of retail investors lose money when trading contracts for difference (CFD). Bullmarketz may be compensated by some of the brokers listed on our website.

CFD Regulation Country by Country. The CFD trading services we are listing in this article is available in the following countries.

Adam Jarfjord is a Swedish day trader, investor, and copywriter. He works as head of content at and has been providing editorial content within the financial sector for more than 5 years.

Read more about him byvisiting his LinkedIn profileorcontact usdirectly to learnmore about the team.

1. CMC Markets Best for CFDs and Stock Trading

CMC Markets is a very well-established and reputable British broker thats licensed by the Investment Industry Regulatory Organization of Canada (IIROC), meaning they are one of the leading Canadian trading platforms.

As a derivatives broker, CMC Markets provides Canadian traders with access to the forex market as well as a range of CFDs including shares, commodities, and indices, all traded on the MetaTrader 4 platform.

With more than 30 years of experience serving the international trading scene, CMC Markets is a broker that you can always trust.

Check out ourCMC Markets review for more information

Find thebest trading platform. You capital is at risk when trading. Be careful.

2. Oanda Established Financial Brand from New York

Oanda is an American forex and derivatives broker based in New York City.

While CFD trading remains banned in the United States, Oanda does provide CFDs and other derivatives on the Canadian market.

That being said, Oanda is aforex brokerfirst and foremost, and you shouldnt expect a large selection of markets.

Moreover, Oanda is one of the most awarded and liked derivatives brokers to have ever come out of North America, and today, they are available in pretty much the whole world from Canada all the way to Asia.

Trading with Oanda is always a pleasure, and with a reputation of being one of the best trading platforms in Canada, this broker is always working on improving and optimizing their product.

Platform:MetaTrader 4 and their own desktop platform

Find thebest trading platform. You capital is at risk when trading. Be careful.

has long been considered one of the best forex brokers and overall trading platforms in Canada and the rest of North America.

They offer a comprehensive product that includes state-of-the-art charts, tools, and platforms, and they have a reputation for being honest and professional.

Besides offering a range of currency pairs and CFDs and stocks and commodities, m recently added cryptocurrencies to their selection, making them one of the leading cryptocurrency brokers in the country.

In our opinion, anyone looking to start trading in Canada should definitely consider opening an account with this Canadian trading platform.

Platform:A proprietary platform as well as the MetaTrader 4

Assets:100s of assets including forex, CFDs, and cryptos

Learn more aboutForex.com in our comprehensive broker review

Find thebest trading platform. You capital is at risk when trading. Be careful.

If youre looking to trade shares in Canada, you need to make sure youre signing up for the best stock trading platform in Canada.

Luckily, we have tested them all and can quickly provide you with an insight into which broker is best suited for share trading.

Below you find a list of the top Canadian stock brokers.

To us, there is no doubt that CMC Markets is the best stock trading platform in Canada, at least if youre looking to trade derivatives.

We base this on the fact that CMC Markets has an incredible overall product that suits traders of every level as well as the fact that they have the biggest selection of stocks as CFDs in Canada.

Find thebest trading platform. You capital is at risk when trading. Be careful.

Today, m only offers derivatives of roughly 55 international companies. Although, the companies are some of the most influential in the world, meaning Forex.com is an excellent stock broker in Canada if youre only looking for major shares.

Find thebest trading platform. You capital is at risk when trading. Be careful.

As you might have noticed, the forex market is the main market available for Canadian traders.

Combine that with the small number of available brokers, and you have a highly competitive industry with top shelf Canadian forex brokers, which, obviously, is a great thing for forex traders.

In fact, figuring out which broker has the best forex trading platform in Canada was not easy since the top three brokers offer very similar products.

With that said, weve curated a summary below with the intent of helping you find the best Canadian forex broker.

Oanda tops our list of the best forex trading platforms in Canada due to their rather large selection of currency pairs and their incredible customer-oriented product.

Trading forex with Oanda is always seamless, and its up to you if you prefer trading on Oandas award-winning platform or if youd rather stick with the world-renowned MetaTrader 4.

Find thebest trading platform. You capital is at risk when trading. Be careful.

This top forex broker in Canada has been working hard to develop a currency trading service thats superior to their competition, and its working.

Find thebest trading platform. You capital is at risk when trading. Be careful.

Even though CMC Markets has one of the biggest selection of available assets in Canada, their forex product remains one of their most attractive features, making them one of the best Canadian forex brokers.

Pick between majors, minor, exotics, and only trade on the currency pairs that you prefer.

Find thebest trading platform. You capital is at risk when trading. Be careful.

Out of all the brokers weve tested and reviewed for this comprehensive guide to the best trading platforms in Canada, no one is currently offering cryptocurrency trading in Canada.

Therefore, traders looking for the best cryptocurrency trading platform in Canada will have to stick to more regular trading options such as the top exchanges.

Although technically not discount stock brokers, these online brokers offer very competitive rates making them great budget options.

Many times, you can spend a fraction of the cost a regular broker would cost by just opting for an online broker in Canada.

Therefore, if youre looking for the best Canadian discount brokerages, we recommend the following.

Oanda offers fair rates, low fees and their spread is competitive on the Canadian market. This makes them a great option for beginners as well as traders on a strict budget that rather test his luck with leverage.

Find thebest trading platform. You capital is at risk when trading. Be careful.

To be an international forex broker, m actually offers really competitive prices. Internationally, theyre far from the cheapest but in Canada, they do cost less than many other similar services.

Find thebest trading platform. You capital is at risk when trading. Be careful.

CMC Markets have rates that are slightly higher than some of their competitors although their spread is usually fair and they dont charge you unnecessary fees.

Find thebest trading platform. You capital is at risk when trading. Be careful.

The best thing about the trading industry in Canada is that its highly competitive which pushes the brokers to continuously improve the development of their products to new heights. Naturally, this includes their trading apps which are getting better and more streamlined for every day that passes by.

With a great selection of trading platforms for mobile devices as well as a satisfying selection of assets, CMC Markets tops our recommendations for best trading apps in Canada. Its easy to sign up for an account, and after downloading the trading app you prefer, you can start trading right away.

Find thebest trading platform. You capital is at risk when trading. Be careful.

Mobile trading with m is a breeze and to us, Forex.coms trading apps is a testament to the brokers dedication to dominate the Canadian market.

When signing up for a Forex.com account, you can choose to either use their own trading app or the well-established MetaTrader 4 for mobile.

Find thebest trading platform. You capital is at risk when trading. Be careful.

Oanda has a very good mobile trading app, but compared to the other two brokers, it does not really manage to keep up. That being said, Oanda does offer the MetaTrader 4 which just so happens to be the leading forex trading app in Canada and the rest of the world.

Find thebest trading platform. You capital is at risk when trading. Be careful.

As you can imagine, researching the Canadian market and testing all the available brokers in the country is a time-consuming job, and we have spent well over 150 hours of research to put this list together.

Now, when we test and review the best trading platforms in Canada, we follow strict guidelines based on what we know traders are looking for and need. Those guidelines include regulations, assets, platform, broker reputation, and more.

In Canada, there is one entity that oversees all investment and trading services, weather that is a forex broker, a bank or a stock broker in Canada. The authority is called IIROC, short forInvestment Industry Regulatory Organization of Canada, and they are one of the strictest regulatory bodies in the world.

Naturally, this means that the first thing we evaluate when testing a broker is to make sure that the said broker is approved, licensed, and regulated by IIROC. Any broker that isnt approved wont be considered by us.

In fact, operating without a license in Canada is highly illegal and not something we would ever support.

Due to the strict regulations mentioned above, the number of assets that a broker can offer is restricted. Despite that, the best brokers in Canada have managed to make the best out of it, and most of them offer enough to satisfy all traders. As you might have noticed, the forex market is the most prominent in Canada, but we usually give bonus points to a broker that offers more than just forex trading.

One of the most important parts of any broker is the trading platform they offer which is why we spend a lot of time testing and reviewing each and every platform separately.

Now, most of the recommended brokers offer the MetaTrader 4 which is one of the top forex platforms in the world and one that we are already very accustomed to.

Because of that, we spend most of our time reviewing the brokers proprietary platforms.

Luckily, all the best brokers in Canada offer amazing trading platforms and, so far, we havent run into a single issue with any of them.

Besides checking these very important aspects of each broker, we spend countless hours trading with each broker to ensure that there are no major issues, glitches, and so forth. In addition, we contact each broker individually through their dedicated customer support channels in order to see how professional and efficient they are.

All in all, our broker reviewing process is extensive and something we take extremely serious, which is why our team spends so many hours with each and every individual broker.

Adam Jarfjord is a Swedish day trader, investor, and copywriter. He works as head of content at and has been providing editorial content within the financial sector for more than 5 years.

Read more about him byvisiting his LinkedIn profileorcontact usdirectly to learnmore about the team.

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CFDs are complex instruments and come with a high risk of losing money due to leverage. In fact, 65-89% of CFD retail trading accounts lose money.

Consider whether you understand CFDs and whether you can afford to take the high risk of losing your capital.