Nova Scotia · NS
Forex and trading in Nova Scotia
By ForexCanada Editorial Team · Updated
Your securities regulator
Nova Scotia Securities Commission
- CSA National Registration Search — confirm a firm is registered in Nova Scotia
- Canadian Anti-Fraud Centre — 1-888-495-8501
What's specific to Nova Scotia
- Forex opens Sunday at 6 p.m. and closes Friday at 6 p.m. Atlantic Time.
- Canadian and U.S. data at 8:30 a.m. ET lands at 9:30 a.m. in Halifax.
Registered forex brokers for Nova Scotia residents
CIRO dealer members offering forex or CFDs that didn't exclude Nova Scotia at our last check, ranked by our score.
- #1
Interactive Brokers Canada
CIRO-registeredBest for: Experienced, cost-sensitive traders who want forex, futures, options and global stocks in one account
- Platforms
- TradingView
- FX pairs
- 100+
- Min. deposit
- $0
- CIPF
- Yes
9.5/ 10 - #2
Questrade
CIRO-registeredBest for: Canadians who want TFSA/RRSP investing and forex/CFD trading with one Canadian firm
- Platforms
- Proprietary
- FX pairs
- 100+
- Min. deposit
- $0
- CIPF
- Yes
9.4/ 10 - #3
CMC Markets Canada
CIRO-registeredBest for: Traders who want the widest CFD and currency-pair range from a Canadian dealer
- Platforms
- MT4, TradingView
- FX pairs
- 150+
- Min. deposit
- $0
- CIPF
- Yes
⚠ Alberta residents generally must qualify as accredited investors to trade CFDs.
8.9/ 10 - #4
FOREX.com Canada
CIRO-registeredBest for: Active forex traders who want MT5, TradingView and commission-based pricing
- Platforms
- MT4, MT5, TradingView
- FX pairs
- 80+
- Min. deposit
- $100
- CIPF
- Yes
⚠ Alberta residents generally must qualify under a prospectus exemption (e.g. accredited investor) to trade CFDs.
8.7/ 10 - #5
OANDA Canada
CIRO-registeredBest for: Canadians who want a pure-play forex specialist with TradingView and MT4
- Platforms
- MT4, TradingView
- FX pairs
- 60+
- Min. deposit
- $0
- CIPF
- Yes
⚠ Does not currently accept residents of Alberta.
8.5/ 10 - #6
AvaTrade Canada (Friedberg Direct)
CIRO-registeredBest for: Beginners who want MetaTrader 4/5 with a Canadian-regulated dealer
- Platforms
- MT4, MT5
- FX pairs
- 50+
- Min. deposit
- About C$300 / US$250 (check current terms)
- CIPF
- Yes
8.4/ 10 - #7
FXCM Canada (Friedberg Direct)
CIRO-registeredBest for: Algorithmic and API traders who want a Canadian-regulated account
- Platforms
- MT4, TradingView
- FX pairs
- 40+
- Min. deposit
- See site
- CIPF
- Yes
8.3/ 10 - #8
Plus500 Canada
CIRO-registeredBest for: Casual CFD traders who want a very simple app from a listed company
- Platforms
- Proprietary
- FX pairs
- 60+
- Min. deposit
- C$100
- CIPF
- Yes
⚠ Not available in Québec. Alberta residents may face additional eligibility requirements.
8.2/ 10
Looking for stocks, ETFs or a TFSA? See the best online brokerages. For crypto, see registered crypto platforms.
Forex market hours in Atlantic Time
Nova Scotia: common questions
Is forex trading legal in Nova Scotia?
Yes. Residents of Nova Scotia can trade forex through investment dealers that are CIRO members and registered in Nova Scotia. The Nova Scotia Securities Commission enforces securities law in the province.
Which forex brokers accept Nova Scotia residents?
At our last check, CIRO dealers offering forex to Nova Scotia residents included Interactive Brokers Canada, Questrade, CMC Markets Canada, FOREX.com Canada, OANDA Canada, AvaTrade Canada (Friedberg Direct).
How do I report an investment scam in Nova Scotia?
Contact the Nova Scotia Securities Commission and the Canadian Anti-Fraud Centre (1-888-495-8501). If you sent money, contact your bank immediately.
When does the forex market open in Nova Scotia?
The global forex week runs from Sunday 5 p.m. to Friday 5 p.m. Eastern Time. See the live clock on this page for Atlantic Time.