Best CFD Trading Platforms in Canada (compared in 2026)

Founded in 2008 and listed on the London Stock Exchange (ticker: PLUS), Plus500 is one of the world’s most established CFD brokers. In 2025, the group obtained a CIRO licence through its local entity Plus500CA Ltd, extending its services to Canadian retail traders.

Unlike multi-asset brokers that offer numerous platforms, Plus500 takes a streamlined approach with a single proprietary platform, available on web, desktop, and mobile (iOS and Android). This unified experience makes it especially appealing to traders who want to focus exclusively on CFDs.

The Plus500 platform is designed with usability in mind, offering real-time quotes, advanced charting, customizable alerts, and integrated risk-management tools, including guaranteed stop-loss orders. These features are built directly into the trading interface, making them straightforward to apply even for less experienced traders.

Plus500 provides access to thousands of CFD instruments across major asset classes, including indices, forex, commodities, stocks and ETFs.

Pricing at Plus500 is mostly spread-based, meaning there are no trading commissions, which simplifies cost calculation and appeals to short-term and active CFD traders. Overnight funding costs apply to leveraged positions, as is standard with CFD trading. Plus, there is an inactivity fee of $10 if you do not log in to your account for at least 3 months.

Plus500 also runs a tiered first-deposit bonus programme for Canadian clients, with rewards ranging from C$40 (on a C$200 deposit) up to C$14,000 (on a C$70,000 deposit).

From a regulatory standpoint, Plus500 operates in Canada through its subsidiary Plus500CA Ltd, which is authorised and regulated by CIRO, complying with strict Canadian regulatory standards, including leverage limits and client fund segregation.

For a deep dive, please read our Plus500 review.

Founded in 1978 and listed on NASDAQ (ticker: IBKR), Interactive Brokers is one of the most established and technologically advanced brokers in the world. While best known for its multi-asset offering, IBKR also provides a robust and cost-efficient CFD trading solution, particularly suited to experienced and professional traders.

Interactive Brokers offers CFDs on a wide range of global markets, including stocks, indices, forex, and commodities, with competitive pricing, deep liquidity, and institutional-grade execution. Compared to CFD-only brokers, IBKR’s CFD offering stands out for its tight spreads, transparent cost structure, and access to major international exchanges.

Interactive Brokers offers a suite of trading platforms, allowing traders to choose based on their experience and preferred environment:

• Trader Workstation (TWS): IBKR’s flagship desktop platform, designed for active and professional traders. It offers advanced charting, 100+ algorithmic order types, the Risk Navigator for portfolio scenario analysis, and full access to global CFD markets.
• IBKR Desktop: A newer desktop platform launched in 2024, blending TWS’s execution engine with a cleaner, more modern interface. It includes exclusive tools like the MultiSort Screener and is well-suited to traders who want professional features without TWS’s complexity.
• Client Portal (WebTrader): A browser-based platform for placing trades, managing your account, funding deposits, and tracking performance without installing any software. Useful for everyday account management.
• IBKR Mobile: The full-featured mobile app for active traders, with advanced charting, multiple order types, real-time risk metrics, and access to IBKR’s CFD markets. It is one of the most powerful mobile trading apps available for CFD traders who want professional tools on the go.
• IBKR GlobalTrader: A simplified mobile app for stocks, ETFs, and options across global markets. Note that this app does not support CFD trading, so CFD-focused users should opt for IBKR Mobile instead.

The platforms also integrate strong risk-management features, including margin monitoring, real-time alerts, and automatic liquidation safeguards, helping traders manage leveraged CFD positions more effectively.

In terms of fees, for US share CFDs, commissions start at $0.005 per share (min. $1 per order), with tiered volume discounts. Index and crude oil CFDs are charged on a percentage basis, while FX CFDs trade with tight spreads plus a small per-trade commission.

Regulatory-wise, Interactive Brokers operates in Canada through its local entity, Interactive Brokers Canada Inc., which is a member of CIRO and the Canadian Investor Protection Fund (CIPF), with client assets covered up to CAD $1 million per account category.

Want to learn more? Check our Interactive Brokers review.

Founded in 1989 and listed on the London Stock Exchange (ticker: CMCX), CMC Markets is one of the longest-standing CFD brokers in the industry. With more than 35 years of experience, it has built a strong reputation among Canadian traders for its breadth of markets, advanced analytics, and award-winning platform.

CMC Markets offers access to more than 10,000 CFD instruments, spanning forex, indices, commodities, shares, treasuries, ETFs, and cryptocurrencies. This makes it one of the broadest CFD offerings available to Canadian retail traders.

The broker’s proprietary Next Generation platform is its main differentiator. Available on web, desktop, and mobile, it provides advanced charting (over 80 technical indicators), pattern recognition tools, Reuters news, Morningstar research, and an AI-powered news feature. For traders who prefer a familiar interface, CMC Markets also supports MetaTrader 4.

CMC Markets uses a transparent, mostly spread-based pricing model. Forex spreads start from competitive levels on major pairs, and share CFDs are commission-based with a minimum charge per trade. The broker also offers guaranteed stop-loss orders (GSLOs) for an additional premium, refunded if the order is not triggered.

There is no minimum deposit to open an account and no fees for account maintenance, deposits, or most withdrawal methods. This makes CMC Markets accessible to traders of all sizes, while still delivering tools that suit active and experienced users.

In Canada, CMC Markets operates through CMC Markets Canada Inc., a CIRO member and participant in the Canadian Investor Protection Fund (CIPF), providing coverage of up to CAD $1 million per account category. Customer support is available in English, French, and Mandarin.

Founded in 1996, OANDA is one of the longest-running forex and CFD brokers in North America, with its Canadian headquarters based in Toronto. It is known for its transparent pricing, fractional unit trading, and strong technology stack, making it a popular choice for both beginner and active Canadian traders.

OANDA’s proprietary OANDA Trade platform (available on web, desktop, and mobile) is one of its main strengths. The app offers fast execution, advanced charting, integrated market analysis, and economic calendars, making it especially suitable for forex and short-term CFD trading. For traders who prefer alternative tools, OANDA also supports MetaTrader 4, MetaTrader 5, and native TradingView integration.

For beginners, OANDA offers an unlimited demo account that allows trading with virtual funds, providing hands-on experience with the platform. OANDA Trade is a natively designed mobile app optimised for trading on the go, and the broker is unusual in allowing trades from just 1 unit of the base currency, ideal for testing strategies with minimal risk.

CFD trading on OANDA benefits from competitive spreads, transparent pricing, and key Canadian investor protections such as segregated client funds and CIPF coverage of up to CAD $1 million per account category.

OANDA does not charge platform, deposit, or account maintenance fees. Withdrawals via PayPal are free, while bank wire withdrawals may carry a small fee depending on volume.

One downside is that OANDA charges an inactivity fee of $10 per month after 12 months without trading activity.

OANDA operates in Canada through OANDA (Canada) Corporation ULC, a CIRO member and participant in the Canadian Investor Protection Fund (CIPF), with more than 28 years of clean regulatory history in the country.

Founded in 1999 and part of NASDAQ-listed StoneX Group (ticker: SNEX), FOREX.com is one of the most established CFD and forex brokers in North America. It is known for its wide range of platforms, deep liquidity, and strong educational resources, making it well-suited for traders who want institutional-grade infrastructure with broad market access.

FOREX.com’s offering covers more than 3,000 instruments, including forex, indices, commodities, shares, and cryptocurrencies. The broker provides a clean and intuitive interface, making it well-suited for beginner and intermediate CFD traders, while still offering enough depth for active and professional users.

FOREX.com supports multiple platforms: its proprietary web and mobile app, MetaTrader 4, MetaTrader 5, and TradingView integration. Execution is powered by StoneX Group’s technology infrastructure, with average execution speeds around 20 milliseconds. The broker offers an unlimited demo account with virtual funds, allowing traders to practice CFD strategies and explore the platforms risk-free.

CFD trading on FOREX.com benefits from competitive spreads and negative balance protection for Canadian retail clients. The broker also stands out for its educational approach, offering an award-winning Trading Academy, daily research, and tools like Performance Analytics designed to help traders refine their decision-making.

There are no fees for opening or maintaining an account, no deposit fees, and free CAD-denominated accounts are available. However, FOREX.com charges an inactivity fee after 12 months of no trading activity and may charge wire withdrawal fees depending on the method used.

In Canada, FOREX.com operates through GAIN Capital – FOREX.com Canada Limited, a CIRO member and participant in the Canadian Investor Protection Fund (CIPF), with coverage of up to CAD $1 million per account category.