Forex & CFD broker
Is eToro Available in Canada? (2026 Check)
By ForexCanada Editorial Team · Updated
Canada check
eToro 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. eToro does not offer its platform to Canadian residents.
- Canadian status
- Not registered in Canada
- Canadian entity
- None — not registered in Canada
- CIPF coverage
- No
- OBSI complaints
- No Canadian ombudsman access
- Accepts Canadians
- Not available to Canadians
- Licences abroad
- FCACySECASICFINRAFSA-SC(offshore)
- Founded
- 2007
- Headquarters
- Tel Aviv, Israel
- Ownership
- eToro Group Ltd. (NASDAQ: ETOR)
Our take on eToro
eToro is the best-known social and copy-trading platform, listed on NASDAQ since 2025. It is not available to Canadian residents. Canadians interested in copy trading should read our copy-trading guide before using any unregistered service.
eToro's CopyTrader and social feed made it the world's best-known social trading platform, and its 2025 NASDAQ listing added public-company disclosure. Canadian residents can't open accounts. If copy trading is what interests you, read our guide first: in Canada, anyone who effectively manages your trades generally needs to be registered, which is why regulated copy trading is scarce here.
Verdict
Not available to Canadians.
What we like
- +Pioneer of social/copy trading
Watch out for
- −Not available in Canada
- −Not registered in Canada — no CIPF, CIRO or OBSI protection
How eToro 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
- Proprietary web, Mobile app, Copy trading
- Markets
- Forex (50+ pairs) · CFDs · Stocks · Crypto
- 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 eToro 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
eToro: frequently asked questions
Is eToro regulated in Canada?
No. eToro is not registered with CIRO or any provincial or territorial securities regulator, although it holds licences elsewhere (United Kingdom, Cyprus (EU), Australia, United States, Seychelles). Canadian protections such as CIPF coverage and OBSI complaint handling do not apply.
Can Canadians open an account with eToro?
No. At our last check eToro did not accept Canadian residents. Using a VPN or false address to get around this breaches the broker's terms and can put your funds at risk.
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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