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Forex Brokers in Canada | IIROC regulation

In Canada, forex brokers are overseen by the Investment Industry Regulatory Organization of Canada (IIROC). Unlike the situation in many other countries, the IIROC is the industry’s own self-regulatory organization. The organization is recognized by the separate financial regulators that exists in all of the Canadian provinces, such as the British Columbia Securities Commission and the Ontario Securities Commission.

Because of the Canadian government’s strict financial regulations, many international forex brokers refuse to accept Canadian residents as clients. As such, many Canadian traders are forced to sign up with a forex broker that is based in Canada. Many international forex brokers have therefore chosen to set up a local presence with legal business entities registered in Canada to better serve the local Canadian traders.

Oanda Oanda (2001) Leverage: up to 1:100 * Deposit: from 20 USD Spreads:  mid  mid Location: Australia Canada US UK Singapore Japan Instruments: Currencies Indices Metals Energies Softs Bonds Platforms: Web MetaTrader 4 Specific Wire Transfer Credit Cards PayPal UnionPay Bpay CMC Markets CMC Markets (1989) Leverage: up to 1:500 * Deposit: from 200 USD Spreads:  low  low Location: Australia New Zealand Canada UK Singapore Instruments: Currencies Indices Metals Energies Softs Stocks Bonds ETFs Interest Rates Platforms: Web Specific Wire Transfer Credit Cards Poli
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