Forex & CFD broker
FOREX.com Canada Review: CIRO-Registered, Fees & Platforms
By ForexCanada Editorial Team · Updated
Canada check
CIRO dealer member owned by publicly listed StoneX Group.
- Canadian status
- CIRO-registered
- Canadian entity
- GAIN Capital - FOREX.com Canada Ltd.
- CIPF coverage
- Yes (eligible accounts, within CIPF limits)
- OBSI complaints
- Yes — free, independent dispute resolution
- Accepts Canadians
- Some provinces excludedAlberta residents generally must qualify under a prospectus exemption (e.g. accredited investor) to trade CFDs.
- Founded
- 2001
- Headquarters
- Toronto, ON (Canadian entity)
- Ownership
- StoneX Group Inc. (NASDAQ: SNEX)
Our take on FOREX.com Canada
FOREX.com is owned by StoneX Group, a NASDAQ-listed financial services firm, and serves Canadians through GAIN Capital - FOREX.com Canada Ltd., a CIRO dealer member. It is one of the most complete Canadian forex offers: a large pair list, MT4 and MT5, its own web and mobile platforms, and TradingView connectivity. Active traders can choose commission-based pricing instead of wider spread-only quotes, which is rare among Canadian dealers. The low minimum deposit makes it accessible, but Albertans should expect extra eligibility steps for CFDs because of provincial rules.
Verdict
Probably the most well-rounded CIRO-regulated forex account for intermediate and active traders, especially if you want MT5 or lower-cost commission pricing.
What we like
- +Owned by a publicly listed parent (StoneX)
- +MT4, MT5 and TradingView all supported
- +Commission-based pricing option for active traders
- +Large currency pair selection
- +Low $100 minimum deposit
Watch out for
- −Extra eligibility requirements for Alberta residents
- −Standard account spreads are average, not low
- −Product range is narrower than Interactive Brokers
How FOREX.com Canada 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, MT4, MT5, TradingView
- Markets
- Forex (80+ pairs) · CFDs
- Pricing
- Standard (spread-only) and RAW/commission accounts
- Minimum deposit
- $100
- Leverage
- Set by CIRO margin rates
- 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 FOREX.com Canada 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.
FOREX.com Canada: frequently asked questions
Is FOREX.com Canada regulated in Canada?
Yes. Canadian clients are served by GAIN Capital - FOREX.com Canada Ltd., a registered investment dealer and member of the Canadian Investment Regulatory Organization (CIRO). You can confirm this on CIRO's list of dealers it regulates and in the CSA National Registration Search.
Is my money protected with FOREX.com Canada?
Eligible accounts at CIRO dealer members are covered by the Canadian Investor Protection Fund (CIPF) if the firm becomes insolvent — generally up to $1 million per account category. CIPF does not cover trading losses.
Is FOREX.com Canada available in every province?
Alberta residents generally must qualify under a prospectus exemption (e.g. accredited investor) to trade CFDs.
Does FOREX.com Canada offer MetaTrader?
Yes — FOREX.com Canada supports MT4 and MT5, and you can also trade from TradingView.
What is the minimum deposit at FOREX.com Canada?
$100. 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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