Interactive Brokers offers unrivalled market access and the lowest commissions in the industry for active stock traders. The TWS platform is extremely powerful but has a steep learning curve for beginners.
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Best Stock Brokers in Canada
Last updated
North America • 6 brokers available
Forex broker coverage and editorial guidance for traders in Canada.
Top Canada Stock Brokers
6 brokers
IC Markets offers Shares CFDs on 2,000+ global stocks via MT5 and IRESS, combining its benchmark ECN infrastructure with direct equity access - a strong complement to its core forex offering for active traders who also need equity exposure.
Read RevieweToro's zero-commission real stocks and fractional share offering make it accessible for beginners, though its USD-denominated accounts mean non-US investors face FX conversion costs on every transaction.
Read ReviewCMC Markets offers a broad range of share CFDs on 10,000+ stocks across major global exchanges via its Next Generation platform - an FCA-regulated CFD route to equity exposure without real share ownership.
Read ReviewFOREX.com offers share CFDs on 220+ global stocks via MT4, MT5, and its proprietary platform under NFA, FCA, and CFTC regulation - a well-regulated US-focused broker with integrated equity CFD access for active multi-asset traders.
Read ReviewXM offers share CFDs on 1,200+ stocks across major global exchanges under CySEC, ASIC, and FSC regulation - one of the widest share CFD selections available among multi-asset regulated brokers.
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Frequently Asked Questions
Stock trading is regulated in Canada. The country currently has 6 brokers operating under its regulatory framework. Always verify a broker's licence with the CIRO before depositing funds.
Look for brokers regulated by the CIRO or a Tier 1 regulator such as the FCA, ASIC, or SEC. Compare commissions, platform quality, available markets, and customer support. Our list above is sorted by overall rating to help you shortlist quickly.
Regulated brokers under the CIRO are required to segregate client funds from company funds and participate in investor compensation schemes where applicable. Always check the broker's regulatory status and read the terms before depositing.
The brokers listed for Canada typically provide access to major global exchanges including the NYSE, NASDAQ, and LSE, as well as local markets where available. Check each broker's instrument list for the specific markets and exchanges offered to residents of Canada.
Yes. Most brokers available in Canada offer iOS and Android apps. Look for brokers that list mobile trading as a key feature, and check whether the app supports your preferred markets and order types.
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