Which Is the Best Forex Trading Platform

Best Forex Trading Platform In July 2022

The best forex trading platforms offer traders an easy to use interface, a  range of useful indicators, features such as automation and fast execution speed. We compare the best software trading and the recommended forex brokers for the most popular trading platforms.

Written by

Justin Grossbard

With over 20 years investing experience and 10 years of trading, Justin co-founded Compare Forex Brokers in 2014. He has worked within the foreign exchange trading industry for several years and for several of the largest banks globally. He has an Honours in Commerce and Masters degree from Monash University. He also owns Innovate Online offering digital marketing services with over 20 employees.

Updated:

What Changed?

Each month we update average spreads data published by the brokers the retail brokers lose %



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best forex trading platform canada

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Top 8 Forex Trading Platforms

The best forex brokers with great trading software list is.

Brokers Regulated By IIROC

Brokers Accepting Canadian Traders


Eightcap don’t provide % of clients who lose money

TMGM don’t provide % of clients who lose money

72% of retail investor accounts lose money when trading CFDs

64% of retail investor accounts lose money when trading CFDs

73% of retail investor accounts lose money when

spread betting and/or trading CFDs with this provider

Regulations and Licenses

Brokerage

EUR/USD Avg. Raw Spread

0.06

0.10

GBP/USD Avg. Raw Spread

0.73

0.42

AUD/USD Avg. Raw Spread

0.27

0.21

EUR/USD Standard Spread

1.06

1.0

1.30

EUR/USD Fixed Spreads

Commissions (USD Base)

$3.50

$3.50

$2.00-$6.00

0.08%-0.2%

Minimum Deposit

$250 (Raw)

$500 (Standard)

$100

$100

$0

$0

Funding Methods

8+

5+

4+

8+

6+

Markets and Instruments

Currency Pairs

40+

60+

82+ (Standard Account)

60+ (DMA)

100+

338+

Cryptocurrency CFDs*

250+

12+

19+

Index CFDs

10+

15+

17+

13+

46+

Share CFDs

400+

12,000+

1000+

1000+

9,000+

Commodities CFD

4+

5+

26+

4+

124+

Stockbroking

50,000+

9,000+

Retail Max. Leverage (Canada)

Major Pairs 33:1

Minor Pairs 17:1

Major Pairs 62.5:1

Minor Pairs 33:1

Major Pairs: 52:1

Minor Pairs 16:1

Retail Max. Leverage (With offshore regulators)

500:1

500:1

Major Pairs 30:1

Minor Pairs 20:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations

Trading Platforms + Tools

Unique Feature

Low ECN Spreads

Servers in Tokyo TY3

Owned by Capital Gains

125 Markets, 31 Countries, 22 Currencies

Offers both CFD and Stock trading

Overall

Our Rating

8.50

8.33

7.0

8.17

7.17


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Which Is the Best Forex Trading Platform

Source: https://www.compareforexbrokers.com/ca/best-forex-trading-platform/

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Read:  How to Get Rich Through Forex Trading