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Provinces & territories

Trading rules where you live

Securities law is provincial in Canada. Pick your province or territory to see your regulator, which registered brokers serve you, local restrictions and where to report a scam.

Ontario

ON

Ontario Securities Commission (OSC)

Ontario is home to Canada's largest capital market and to most of the country's investment dealers, and the Ontario Securities Commission is the busiest securities regulator in the country. Every CIRO dealer offering forex and CFDs serves Ontario residents, so Ontarians have the widest choice of registered brokers.

Québec

QC

Autorité des marchés financiers (AMF)

Québec regulates derivatives under its own Derivatives Act, administered by the AMF — which is also the province's securities and insurance regulator. Forex and CFD dealers must satisfy AMF requirements as well as CIRO's, and a few registered dealers have chosen not to serve Québec at all.

British Columbia

BC

British Columbia Securities Commission (BCSC)

British Columbia's securities regulator, the BCSC, runs the InvestRight investor-education program and publishes frequent alerts about online trading scams. B.C. residents can use every CIRO dealer that offers forex and CFDs in Canada.

Alberta

AB

Alberta Securities Commission (ASC)

Alberta is the province where Canadian forex traders most often hit a wall. CFDs and many OTC forex contracts are treated as securities in Alberta, and dealers generally distribute them under prospectus exemptions — so some CIRO dealers accept Albertans for CFDs only if they're accredited investors, and OANDA doesn't accept Alberta residents at all.

Manitoba

MB

Manitoba Securities Commission

Manitoba's securities regulator is the Manitoba Securities Commission, part of the Manitoba Financial Services Agency. Manitobans have access to the same CIRO-registered forex, CFD and stock brokers as most other Canadians.

Saskatchewan

SK

Financial and Consumer Affairs Authority (FCAA)

Saskatchewan's securities regulator is the Financial and Consumer Affairs Authority's Securities Division. Residents can use all the CIRO dealers that serve most provinces.

Nova Scotia

NS

Nova Scotia Securities Commission

The Nova Scotia Securities Commission regulates securities and derivatives trading in the province. Nova Scotians can use the full range of CIRO-registered brokers.

New Brunswick

NB

Financial and Consumer Services Commission (FCNB)

New Brunswick's Financial and Consumer Services Commission (FCNB) regulates securities, insurance, pensions and consumer credit. It runs active investor-education campaigns and publishes scam warnings for residents.

Newfoundland and Labrador

NL

Office of the Superintendent of Securities (Service NL)

Securities regulation in Newfoundland and Labrador is handled by the Office of the Superintendent of Securities within Service NL. Residents can use CIRO-registered brokers that serve Atlantic Canada.

Prince Edward Island

PE

Office of the Superintendent of Securities (PEI)

Prince Edward Island's Office of the Superintendent of Securities oversees securities trading on the Island. Islanders can use the same CIRO-registered brokers as the rest of Atlantic Canada.

Yukon

YT

Office of the Yukon Superintendent of Securities

Yukon's Superintendent of Securities sits within the Securities and Insurance branch of the territorial government. Many CIRO dealers serve Yukon, but check each dealer's list of jurisdictions — smaller firms don't always register in the territories.

Northwest Territories

NT

Office of the Superintendent of Securities (NWT)

The Northwest Territories' Superintendent of Securities is part of the territorial Department of Justice's Legal Registries Division. As in the other territories, check that a dealer is registered in the NWT specifically.

Nunavut

NU

Office of the Superintendent of Securities (Nunavut)

Nunavut's Superintendent of Securities operates within the territorial Department of Justice's Legal Registries. Nunavut spans several time zones; Iqaluit follows Eastern Time.