Best Offshore Brokers in Canada in 2025
Here's of review of award-winning offshore brokers that actively accept Canadian residents (with one provincial caveat), ranked on execution quality, pricing and trust factors.
Brokers we recommend
- Min. deposit: $100
- Platforms: MT4, MT5, TradingView, cTrader, Copy trading
- Regulators: Australia, Cyprus (EU), Kenya, Mauritius, South Africa, St. Vincent & the Grenadines
Trade over 1,000 instruments on flexible leverage up to 1:500 with FPMarkets.com, an ECN broker with a 20-year track record. FP Markets accepts all trading styles on MT4/5, TradingView and cTrader.
- Min. deposit: $50
- Platforms: MT4, MT5, Copy trading
- Regulators: Cook Islands
4xc.com is an offshore broker founded in 2018 by traders. Trade Forex, metals, oil and stocks with leverage up to 1:500. It accepts all trading styles and Expert Advisors on MT4/5.
- Min. deposit: $0
- Platforms: MT4
- Regulators: Cyprus (EU), Union of Comoros
FXCC.com is a regulated offshore broker with low spreads and high leverage, up to 1:500. It supports all trading styles on the MetaTrader 4 platform.
- Min. deposit: $50
- Platforms: MT4, MT5, cTrader, Copy trading
- Regulators: Cyprus (EU), St. Vincent & the Grenadines
Trade CFDs on a wide range of markets on MetaTrader 4 and 5, with leverage up to 1:1,000 through LiteFinance.org. This broker accepts all EAs and trading styles, including scalping and news trading. Earn up to 2.5% interest on your account's balance.
Comparison table
We rate brokers across 5 categories and 18 criteria, following a standardised methodology. Here are our overall and category-specific ratings:
| FP Markets | 4XC | FXCC | LiteFinance | |
|---|---|---|---|---|
| Overall | 4.8 | 4.1 | 4.0 | 3.9 |
| Markets | 5.0 | 3.8 | 4.0 | 4.0 |
| Trading environment | 4.9 | 4.4 | 4.2 | 4.4 |
| Deposits and withdrawals | 5.0 | 4.5 | 4.4 | 4.2 |
| Investor protection | 4.0 | 3.0 | 3.8 | 2.0 |
| Customer service | 5.0 | 4.7 | 3.8 | 4.7 |
| FP Markets | 4XC | FXCC | LiteFinance | |
|---|---|---|---|---|
| Forex (CFD) | ||||
| Cryptos (CFD)* | ||||
| Stocks (CFD) | ||||
| Indices (CFD) | ||||
| Metals (CFD) | ||||
| Energy (CFD) | ||||
| Commodities (CFD) | ||||
| ETFs (CFD) | ||||
| Bonds (CFD) |
* Availability is subject to local laws and regulations.
| FP Markets | 4XC | FXCC | LiteFinance | |
|---|---|---|---|---|
| MT4 | ||||
| MT5 | ||||
| cTrader | ||||
| Copy trading | ||||
| TradingView |
| FP Markets | 4XC | FXCC | LiteFinance | |
|---|---|---|---|---|
| Bank transfer | ||||
| Credit card | ||||
| Debit card | ||||
| BTC (Bitcoin) | ||||
| NETELLER * | ||||
| Skrill * | ||||
| USDT (Tether) | ||||
| Broker to broker transfer |
* Availability is subject to local laws and regulations.
| FP Markets | 4XC | FXCC | LiteFinance | |
|---|---|---|---|---|
| Australia | ||||
| Cook Islands | ||||
| Cyprus (EU) | ||||
| Kenya | ||||
| Mauritius | ||||
| South Africa | ||||
| St. Vincent & the Grenadines | ||||
| Union of Comoros |
Why canadian traders look offshore
The Canadian Investment Regulatory Organisation (CIRO, formerly IIROC) caps retail leverage at just 1:50 on major FX pairs and even lower on other CFDs. This keeps risk in check, but also limits advanced strategies such as short-term scalping, grid trading or hedging.
If you want high leverage (up to 1:1,000), raw-spread pricing, or the latest trading platforms you'll have to look offshore. The trade-off? You'll lose statutory cover such as CIPF compensation, so broker selection matters more than ever.
The best offshore broker for Canadians
FPMarkets.com earns our top spot for a simple reason: get institutional-style pricing and execution with excellent customer service. Here are a few standout features:
- Canadian-dollar Account: Open a trading account in CAD to avoid hidden FX charges on deposits/withdrawals.
- Low Fees: Raw-spread execution from 0.0 pips + US $3/lot side commission on its ECN Raw account, or spread-only Standard account if you prefer.
- Platforms: Trade on MT4/MT5, cTrader and even TradingView. Host your expert advisors on NY4 for sub-30 ms latency from eastern Canada. FP Markets will cover VPS fees when you deposit US $1,000 and meet low trading volume requirements.
- Range of Markets: CFDs on 1,000-plus instruments spanning FX, metals, energies, equities, ETFs and bonds, with up to 1:500 leverage. Adjust your account's leverage at any time if you prefer little to no leverage.
However, FP Markets cannot on-board residents of British Columbia and Ontario due to local registration rules. If you live outside BC or Ontario, FP Markets gives you the tightest spreads, the widest platform choice and the only CAD base-currency account in this line-up.
Conclusion
For most Canadians who want higher leverage without sacrificing execution quality, FPMarkets.com is the clear winner. It's the only broker here with CAD accounts, NY4-hosted servers and institutional-grade spreads, provided you don't live in BC or Ontario.
4xc.com is a close second for its flexible funding and PAMM ecosystem, FXCC.com shines for no-frills MT4 scalping, and LiteFinance.org rounds out the quartet for copy-traders and thrill-seekers chasing 1:1,000 gearing.
Whichever route you take, size your positions sensibly as leverage is a double-edged tool with the potential to magnify your gains and losses.
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About the author
I'm Stefan, a trader and an entrepreneur. My mission with TrustedBrokers is to help you find the right broker for you, whether you're a beginner or a pro. I've personally used and tested the brokers mentioned in this article. I started my career in investment banking in London as an FCA-approved person.