Best Forex Brokers Canada for 2023


Trading forex (currencies) in international markets is popular among residents in Canada. Before any forex broker in Canada can accept forex and CFD traders as clients, they must become authorised by Canada's regulatory body: the Canadian Investment Regulatory Organization (CIRO).

Founded in June 2023, the CIRO consolidates and carries on the functions of the Investment Industry Regulatory Organization (IIROC) and Mutual Fund Dealers Association (MFDA).
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I mostly care about low spreads and fast execution, and I always double-check that the broker is licensed with Canadian regulators before opening an account. Withdrawal speed matters too.