Compare Online Brokers

3 brokers (out of 5 in Canada)

FP Markets

$100 min. deposit

1:500 leverage

Updated Jan 2024

4XC

$50 min. deposit

1:500 leverage

Trading Forex/CFDs on margin carries a high level of risk.

Updated Feb 2024

AvaTrade

$100 min. deposit

1:400 leverage

77.82% of retail CFD accounts lose money

Updated Dec 2023

  • Overall
    4.8 / 5
  • Markets
    5.0 / 5
  • Trading environment
    4.9 / 5
  • Deposits and withdrawals
    5.0 / 5
  • Investor protection
    4.0 / 5
  • Customer service
    5.0 / 5
  • Likes
  • Flexible leverage up to 1:500.
  • Trade over 1,000 financial instruments.
  • Trade on MT4/5 or cTrader without restrictions.
  • Copy trading service is available.
  • Customer support is available 24/7.
  • Dislikes
  • No TradingView integration is available for now.
  • No investor compensation fund in the event of bankruptcy.
  • Overall
    4.1 / 5
  • Markets
    3.8 / 5
  • Trading environment
    4.4 / 5
  • Deposits and withdrawals
    4.5 / 5
  • Investor protection
    3.0 / 5
  • Customer service
    4.7 / 5
  • Likes
  • Enjoy flexible leverage up to 1:500.
  • Choose between MetaTrader 4 and 5.
  • All trading styles and Expert Advisors are allowed.
  • Fast execution speeds from its London data-centre.
  • Dislikes
  • Negative balance protection is only available across Forex and precious metals.
  • 4XC is regulated in the Cook Islands, a country without an investor compensation fund.
  • Overall
    4.7 / 5
  • Markets
    5.0 / 5
  • Trading environment
    4.2 / 5
  • Deposits and withdrawals
    4.7 / 5
  • Investor protection
    4.8 / 5
  • Customer service
    5.0 / 5
  • Likes
  • Over 750 financial instruments on MT4/5.
  • Get free daily trading signals.
  • Easily copy professional traders.
  • No fees on deposits or withdrawals.
  • Get one-on-one assistance when you deposit US$1,000.
  • Dislikes
  • You cannot trade on raw spreads.
  • Quarterly and annual inactivity fees.

Easily navigate this review:

Markets
Asset classes (#)Visit FP Markets Visit 4XC Visit AvaTrade
Forex (CFD)726055
Cryptos (CFD)*12514
Stocks (CFD)1000612
Indices (CFD)161123
ETFs (CFD)4631
Metals (CFD)1729
Energy (CFD)4210
Commodities (CFD)57
Bonds (CFD)22

* Availability is subject to local laws and regulations.

Trading environment
PlatformsVisit FP Markets Visit 4XC Visit AvaTrade
MT4
MT5
TradingView
cTrader
Copy trading
Other platformsIressWeb trader
Deposits and withdrawals
Deposits and withdrawals (Fiat)Visit FP Markets Visit 4XC Visit AvaTrade
Bank transfer
Broker to broker transfer
Debit card
Credit card
ApplePay
AstroPay
Banco Plural
BPAY *
FasaPay
Globepay
GooglePay
Help2Pay
M-PESA *
NETELLER *
Ngân Lượng
PayPal
PayRetailers
Paytrust88
Perfect Money
POLi *
QQ
Skrill *
STICPAY
WebMoney
WeChat
Western Union
Xpay
2c2p
Deposits and withdrawals (Crypto)Visit FP Markets Visit 4XC Visit AvaTrade
BTC (Bitcoin)
BCH (Bitcoin Cash)
DASH (Dash)
DOGE (Dogecoin)
ETH (Ethereum)
LTC (Litecoin)
USDC (Circle)
USDT (Tether)
XRP (Ripple)
Account base currenciesVisit FP Markets Visit 4XC Visit AvaTrade
AUD
BRL
CAD
CHF
EUR
GBP
HKD
JPY
MXN
PLN
SGD
USD
ZAR
Investor protection
Regulated entitiesVisit FP Markets Visit 4XC Visit AvaTrade
Australia
BVI
Cook Islands
Cyprus (EU)
Gibraltar
Israel
Japan
Kenya
South Africa
St. Vincent & the Grenadines
UAE
FP Markets

Visit FP Markets ▷

4XC

Visit 4XC ▷

Trading Forex/CFDs on margin carries a high level of risk.
AvaTrade

Visit AvaTrade ▷

77.82% of retail CFD accounts lose money