FxPro Canada Review: Is It Regulated in Canada?

Canada check

FxPro 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. We could not confirm that it currently accepts Canadian residents — check its restricted-countries list before applying.

Canadian status

Not registered in Canada

Canadian entity

None — not registered in Canada

CIPF coverage

No

OBSI complaints

No Canadian ombudsman access

Accepts Canadians

Canadian eligibility unconfirmed

Licences abroad

FCACySECFSCASCB(offshore)FSA-SC(offshore)

Founded

2006

Headquarters

Limassol, Cyprus

Our take on FxPro

FxPro is a well-established broker with MetaTrader, cTrader and its own FxPro Edge platform. International clients are served from its Bahamas entity. Not registered in Canada.

FxPro offers one of the broader platform menus in retail forex — MT4, MT5, cTrader and its own FxPro platform — and has operated since 2006. International clients are generally onboarded through its Bahamas entity. Canadian eligibility is unconfirmed; the Bahamas licence does not provide Canadian protections.

How FxPro 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, cTrader, Proprietary web

Markets

Forex (70+ pairs) · CFDs

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 FxPro yourself

1. Look for the firm on CIRO's list of dealers it regulates.
2. Search the legal entity name in the CSA National Registration Search and check it is registered in your province.
3. Confirm CIPF membership in the CIPF member directory.
4. Search the CSA investor alerts for the brand name and any look-alike websites.
5. Make sure the account agreement you sign names the same legal entity — not an offshore affiliate.

Step-by-step guide: how to verify any broker in Canada →

Registered alternatives for Canadians

These firms are CIRO dealer members with CIPF-eligible accounts:

FxPro: frequently asked questions

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.