Any brokers that accept Canadian clients outside of Canada | Forex Factory

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Any brokers that accept Canadian clients outside of Canada

  • #1
  • First Post: Jan 4, 2021 9:07am Jan 4, 2021 9:07am
Hi,
I'm going to switch my broker.
I checked lots of brokers, but most of them don't accept clients from Canada.

Anybody can introduce a broker out of Canada with a leverage 500:1 ?

Thanks
  • #2
  • Jan 4, 2021 9:10am Jan 4, 2021 9:10am
I checked IC Markets, Vantage, FP. They all don't accept Canadian clients now.
  • #3
  • Jan 4, 2021 9:14am Jan 4, 2021 9:14am
and Also NOT XM.
  • #4
  • Jan 4, 2021 9:45am Jan 4, 2021 9:45am
I used FXCM, CMC Markets in Canada. Their leverage is too small.
  • #5
  • Jan 5, 2021 2:06am Jan 5, 2021 2:06am
Turnkey forex might be a good fit. They take clients from everywhere plus leverage is upto 500x. You can check.
  • #6
  • Edited 8:33am Jan 5, 2021 7:49am | Edited 8:33am
Quoting Teotrader
Turnkey forex might be a good fit. They take clients from everywhere plus leverage is upto 500x. You can check.
Thank you Teotrader. I will try.

I just contacted the live chat. The Turkey doesn't have any certificates. Not sure what will happen if my funds loses.

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  • #7
  • Jan 6, 2021 5:37am Jan 6, 2021 5:37am
MBG markets Multibank Group accepts Canadian client. It's well regulated and headquartered in Dubai.
The leverage is up to 500.
  • #8
  • Jan 8, 2021 8:04pm Jan 8, 2021 8:04pm
Best broker right now for Canadians in my opinion is Global Prime. 1/100 and you can fund with Debit...but I don't know how long they will provide services since Vantage FX dropped Canadians recently. Retarded regulations will destroy Forex in Canada. Oanda has retarded spreads, rollovers and other trading fees...Shit broker but its all we will be left with.
  • #9
  • Jan 21, 2021 5:44am Jan 21, 2021 5:44am
Quoting maplefu0601
{quote} Thank you Teotrader. I will try. I just contacted the live chat. The Turkey doesn't have any certificates. Not sure what will happen if my funds loses. {image}
Well I personally haven’t faced any issue, have had a safe journey till now. I think even some unregulated brokers can give you a good experience at times specially leverage. Like turnkey forex gives you 1:500 leverage , no reg broker will give you that.
  • #10
  • Jan 21, 2021 8:15am Jan 21, 2021 8:15am
Quoting flora.xu
MBG markets Multibank Group accepts Canadian client. It's well regulated and headquartered in Dubai. The leverage is up to 500.
Thanks bro. I will take a look.
  • #11
  • Jan 21, 2021 8:16am Jan 21, 2021 8:16am
Quoting Redbaron81
Best broker right now for Canadians in my opinion is Global Prime. 1/100 and you can fund with Debit...but I don't know how long they will provide services since Vantage FX dropped Canadians recently. Retarded regulations will destroy Forex in Canada. Oanda has retarded spreads, rollovers and other trading fees...Shit broker but its all we will be left with.
The Canadian forex brokers suck. No good service and no good leverage.
  • #12
  • Jan 21, 2021 8:18am Jan 21, 2021 8:18am
Quoting Teotrader
{quote} Well I personally haven’t faced any issue, have had a safe journey till now. I think even some unregulated brokers can give you a good experience at times specially leverage. Like turnkey forex gives you 1:500 leverage , no reg broker will give you that.
Right. Actually, I don't care if they are regulated or not. But I don't have too many choices.
  • #13
  • Jan 25, 2021 2:47pm Jan 25, 2021 2:47pm
ICE FX can accept Canadian clients. The maximum leverage is 1:300 but you can write to them and ask to increase it to 1:500.
  • #14
  • Feb 8, 2021 6:09pm Feb 8, 2021 6:09pm
Quoting maplefu0601
Hi, I'm going to switch my broker. I checked lots of brokers, but most of them don't accept clients from Canada. Anybody can introduce a broker out of Canada with a leverage 500:1 ? Thanks
You can check out Vextrader. It has a Canadian License. Regulated by Fintrac. It is not stated it does not accept clients from Canada.
  • #15
  • Last Post: Mar 19, 2021 3:10pm Mar 19, 2021 3:10pm
Guys, quick question...
I'm a Brazilian living in Canada (I'm a PR), and I have account at IC Markets because I have property (condo), in Brazil. So for tax purposes I pay in Canada what is owed to Canada and in Brazil what is owed in Brazil (income rent that I get by renting my condo).
I have been using Skrill to fund a USD account at ICM, but I really wanted to open a Raw Spread account with the base currency in CAD with them and just fund it through debit/credit card.
Problem is that my account is in CIBC which is, obviously, a Canadian bank.
I don't know if this could cause some sort of conflict. I mostly used Skrill because of this. To avoid any unnecessary problems.

Any suggestions?
Maybe cancel my Skrill USD account and turn it to a CAD account and keep using it, eve though paying 2.5% fess every time doing transfers?
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