Forex & CFD broker
easyMarkets Canada Review: Is It Regulated in Canada?
By ForexCanada Editorial Team · Updated
Canada check
easyMarkets holds licences outside Canada but is not registered with CIRO or any provincial securities regulator. If it accepts you, your account will normally be opened with an offshore group entity rather than its better-regulated subsidiaries — so CIPF coverage, CIRO margin rules and OBSI complaint handling do not apply. At our last check easyMarkets accepted Canadian residents through its offshore entity, not its CySEC or ASIC companies.
- Canadian status
- Not registered in Canada
- Canadian entity
- None — not registered in Canada
- CIPF coverage
- No
- OBSI complaints
- No Canadian ombudsman access
- Accepts Canadians
- Accepts Canadian residents
- Licences abroad
- CySECASICFSA-SC(offshore)FSC-BVI(offshore)
- Founded
- 2001
- Headquarters
- Limassol, Cyprus
Our take on easyMarkets
easyMarkets (formerly easy-forex) has been around since 2001 and differentiates itself with fixed spreads and risk-management features such as guaranteed stop-loss and 'dealCancellation', which lets you undo a trade within an hour for a fee. It supports MetaTrader and TradingView. Canadians are served by an offshore entity rather than its EU or Australian companies.
Verdict
Distinctive risk tools, but fixed spreads are rarely the cheapest and Canadian protections are absent.
What we like
- +Fixed spreads
- +dealCancellation and guaranteed stops
- +Low minimum deposit
Watch out for
- −Fixed spreads cost more in calm markets
- −Offshore entity for Canadians
- −Not registered in Canada — no CIPF, CIRO or OBSI protection
How easyMarkets scores
Canadian protection carries 40% of the weight, so an unregistered firm can't outrank a registered one on price alone. See the full methodology.
Accounts, markets & platforms
- Platforms
- MT4, MT5, TradingView, Proprietary web, Mobile app
- Markets
- Forex (60+ pairs) · CFDs · Crypto
- Pricing
- Fixed spreads on many instruments; no commissions
- Minimum deposit
- About US$25
- Leverage
- Offshore entities often advertise 100:1 to 500:1 or more
- CAD / USD accounts
- — CAD | — USD
- Demo account
- Available
Figures are taken from the broker's own disclosures at our last review (2026-09) and change often — always confirm on the broker's website. Spot an error? Tell us.
Verify easyMarkets yourself
- Look for the firm on CIRO's list of dealers it regulates.
- Search the legal entity name in the CSA National Registration Search and check it is registered in your province.
- Confirm CIPF membership in the CIPF member directory.
- Search the CSA investor alerts for the brand name and any look-alike websites.
- Make sure the account agreement you sign names the same legal entity — not an offshore affiliate.
Registered alternatives for Canadians
These firms are CIRO dealer members with CIPF-eligible accounts:
Interactive Brokers Canada
Online brokerage
Experienced, cost-sensitive traders who want forex, futures, options and global stocks in one account
Questrade
Online brokerage
Canadians who want TFSA/RRSP investing and forex/CFD trading with one Canadian firm
CMC Markets Canada
Forex & CFD broker
Traders who want the widest CFD and currency-pair range from a Canadian dealer
easyMarkets: frequently asked questions
Is easyMarkets regulated in Canada?
No. easyMarkets is not registered with CIRO or any provincial or territorial securities regulator, although it holds licences elsewhere (Cyprus (EU), Australia, Seychelles, British Virgin Islands). Canadian protections such as CIPF coverage and OBSI complaint handling do not apply.
Can Canadians open an account with easyMarkets?
At our last check, easyMarkets's international entity accepted Canadian residents. That entity is not the one regulated in its home country, so check which company your account is with before depositing.
Does easyMarkets offer MetaTrader?
Yes — easyMarkets supports MT4 and MT5, and you can also trade from TradingView.
What is the minimum deposit at easyMarkets?
About US$25. Minimums change, so confirm on the broker's website before funding.
Canadian trader reviews
Reviews are submitted by readers and moderated by our editors for relevance and abuse. They are opinions, not verified facts, and never affect our score.
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