CAD Forex Account

Updated on 02/04/2025

Compare regulated brokers that accept the Canadian dollar (CAD) as a base currency for your trading account.

Brokers we recommend


4.8 / 5 FP Markets

Trade over 1,000 instruments on flexible leverage up to 1:500 on the MT4/5 and cTrader platforms. FPMarkets.com is a true ECN broker and accepts all trading styles without restrictions.


4.3 / 5 Exness
Trading in CFDs carries a high level of risk thus may not be appropriate for all investors.

Trade CFDs on 200 instruments, spanning currencies, crypto, commodities, stocks and indices on MetaTrader 4 or 5 with flexible leverage. Exness.com is an offshore broker with over 1 million active clients.


Comparison table

We rate brokers across 5 categories and 18 criteria, following a standardised methodology. Here are our overall and category-specific ratings:

OverallMarketsTrading environmentDeposits and withdrawalsInvestor protectionCustomer service
FP Markets 4.8 5.0 4.9 5.0 4.0 5.0
Exness 4.3 3.8 4.0 5.0 3.8 4.7
Forex (CFD)Cryptos (CFD)*Stocks (CFD)Indices (CFD)Metals (CFD)Energy (CFD)ETFs (CFD)Commodities (CFD)Bonds (CFD)
FP Markets 72121000161744652
Exness 969981043
MT4MT5Copy tradingTradingViewcTrader
FP Markets
Exness
Bank transferBinance PayCredit cardDebit cardBTC (Bitcoin)USDT (Tether)NETELLER *Skrill *Broker to broker transfer
FP Markets
Exness
AustraliaCyprus (EU)JordanSeychellesSouth AfricaSt. Vincent & the GrenadinesUK
FP Markets
Exness

* Availability is subject to local laws and regulations.

Note: for brevity, this table only shows the most popular payment methods and regulators. Open a free account with any of these brokers to view funding options available in your country.



4.8 / 5 FP Markets

Trade over 1,000 instruments on flexible leverage up to 1:500 on the MT4/5 and cTrader platforms. FPMarkets.com is a true ECN broker and accepts all trading styles without restrictions.

  • Likes
  • Flexible leverage up to 1:500.
  • Trade over 1,000 financial instruments.
  • Trade on MT4/5, cTrader or TradingView without restrictions.
  • Copy trading service is available.
  • Customer support is available 24/7.
  • Dislikes
  • No investor compensation fund in the event of bankruptcy.
Our take on FP Markets

Enjoy low spreads and reliable trading conditions at all times with this award-winning broker. Open a Standard account to trade without commission, or a Raw account if you prefer to trade on raw spreads.

Access over 1,000 markets through MT4, MT5, cTrader and more recently TradingView. You'll find over 70 currency pairs, as well as gold and silver priced in US dollars, euros, Aussie dollars and other currencies. You can also go long or short on stocks and government bonds through over 40 ETFs.

Its free educational content also sets it apart from the competition. Get access to trading signals from Trading Signal and Autochartist as soon as you fund your account. You'll also get access to free trading courses for beginners and experienced traders, weekly webinars and e-books.

Read review

4.3 / 5 Exness
Trading in CFDs carries a high level of risk thus may not be appropriate for all investors.

Trade CFDs on 200 instruments, spanning currencies, crypto, commodities, stocks and indices on MetaTrader 4 or 5 with flexible leverage. Exness.com is an offshore broker with over 1 million active clients.

  • Likes
  • CFDs on 96 Forex pairs.
  • Swap-free trading is available across most instruments.
  • Wide range of trading conditions, including raw spreads.
  • Instant withdrawals in a wide range of currencies.
  • Customer support available on a 24/7 basis.
  • Dislikes
  • No access to a compensation fund in the event of bankruptcy.
  • No CFDs on agricultural commodities, ETFs or government bonds.
Our take on Exness

Exness is a broker you should consider if you're looking for a wide selection of currency pairs. Trade CFDs on over 90 pairs with flexible leverage, as well as the US Dollar Index. Most instruments are available to trade swap-free.

Exness also provides a wide range of trading conditions that will appeal to beginners and more experienced traders alike. Open a Standard account from a low $10 deposit to trade without commission, or opt for a zero-spread account for even lower fees.

Exness uses MetaTrader 4 and 5, as well as a web trading platform built around TradingView charts. If you're into technical analysis, you'll be able to customise charts with over 100 indicators and save them for later. Visit Exness.com to create an account and see for yourself what this broker has to offer.

Read review

Brokers that accept CAD

FPMarkets

FPMarkets allows all clients to open a trading account with the Canadian dollar as the account's base currency, regardless of their country of residence. You may deposit CAD into your FPMarkets account through a bank transfer, a broker-to-broker transfer, VISA, Mastercard or even crypto-currency. Visit FPMarkets.com to see all funding options available to you.

FPMarkets is an ECN broker headquartered in Sydney. Trade CFDs on currencies, stocks, indices, commodities and cryptocurrencies on MetaTrader 4, 5 or cTrader. Access raw spreads plus commission, or low spreads from 0.1 pips. FPMarkets.com has won over 30 industry awards, including Best Trade Execution and Best Customer Service since 2005.

Exness

You may also open a CAD trading account with Exness.com. However, you should note that Exness doesn't provide services to persons or legal entities that reside in Canada and a handful of other countries.

Share this article:

Author

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 on our service, opening and funding real-money accounts, contacting customer service and placing trades. I started my career in investment banking in London.

Leave a comment

Your email will not be published. Required fields are marked with *