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Forex Canada Review

(5 out of 5 stars from 572 Reviews)

The Forex Canada team is keen to make your life as a Canadian decisions a lot easier.

The team compares all forex brokers in Canada! The website is 100% free and independent (it do not belong to any bank or brokerage company). From Forex, CFDs, stocks, options, binary options, cryptocurrencies to online trading in general they’ve got you covered.

Overall Rating


"Best for Canadian Traders"

Broker reviews
very good
Trading strategies
very good

The now very popular forex trading guide ForexCanada can offer its customers a stable trading reviews. The website offer a wide selection of types of trading in Canada. Forex Canada has been active on the market for over two years, therefore it is totally reliable for the Canadian traders. In the broker test, the Canada-based forex trading comparison site, which is easy to use and clearly designed, convinced us.

Our review of the forex broker Forex Canada

The broker ForexCanada group is based in Toronto, Canada and was founded in 2018. As is the case with most other forex sites, Forex Canada has not yet been regulated, although is still reputable. To the best of our knowledge, no regulation has yet been applied for. The trading platform is currently only available in English and Canadian French.

This shows, among other things, that the broker is very Canadian oriented. Many traders have already been able to convince themselves of the broker’s broad range of services. In addition, there are some trading conditions where can take a very good place in comparison with other brokers.

Trading platform, trading types and underlyings at ForexCanada

At ForexCanada, traders can learn about the well-known trading platform MT4, which as a desktop-based trading platform does not require any software to be downloaded. According to our experience, the strengths of the platform include its stability and the good overview that the trader finds with regard to the various functions. The trading platform is also available in several languages.

Since the platform is desktop-based, the trader can access the system from all possible devices, as no software installation is necessary. Access to the platform is therefore independent of the operating system, which can be an advantage. With current prices, charts or financial news, the trader can call up a great deal of information via the MT4 trading platform.

One of the strengths of the trading platform is certainly that traders can use four different types of trading or order types. This includes trading with the simple call and put options. It can be done on One-touch trading with high possible returns is possible and the 60-second trading as turbo trading is also not missing. In addition, the trader can even design his own options.

Account opening, bonus and extras with ForexCanada

Registering and opening forex accounts through Forex Canada is free of charge. The account can be opened in various trading currencies, including euros and US dollars. The website shows a minimum deposit of each broker that they recommend. With the website, the trader may receives a bonus on the first deposit. The site has bonus links which can help you get the bonus for the forex broker you selected.

Conclusion on the guide Forex Canada

The forex broker comparison site, founded in 2018, has established itself among the leading forex trading sites for some time. Our ForexCanada experiences were also positive, so that we can draw an equally positive conclusion about the broker. Especially the stable trading platform guide and the various types of trading is a good basis for trading successfully with Forex Canada.

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