Trading in financial markets requires the right choice of a broker, as security of traders’ funds, profit/loss and opportunities depend on it. Before you start working with a company, it is important to comprehensively assess it. Traders Union analysts have already done it for you. The experts prepared a review of the Best cTrader Brokers in Canada for 2025. Five companies that enjoy huge popularity in Canada were selected and compared between each other.
1
IC Markets - Best in Canada for 2025
IC Markets offers high execution speeds due to servers located in New York and London. Trading conditions differ subject to the regulator that supervises the activities of a certain division. For example, clients of IC Markets regulated by CySEC can trade 13 cryptocurrencies 24/5, while clients of ASIC- and FSA-regulated divisions can trade 24/7.
IC Markets clients from all jurisdictions can trade on STP and ECN account types with floating spreads, leverage, and various deposit/withdrawal methods. The company doesn’t have proprietary trading platforms. It offers classic MT4, MT5 and TradingView, as well as a more complicated cTrader. These platforms are available in desktop, web, and mobile versions to ensure the most comfortable trading conditions.
2
Pepperstone - Best in Canada for 2025
Pepperstone is distinguished by favorable trading conditions. The minimum trade volume is 0.01 lots, and spreads start at 0.0 pips. Also, Pepperstone offers over 1,200 different trading instruments where trade orders are executed quite quickly - within 30 ms on average. The ability to auto copy trades is also provided.
3
Traders Way - Best in Canada for 2025
Trader’s Way works with traders with any level of trading experience, offering a wide variety of live accounts. The entry threshold on all account types is low, with the minimum deposit set at $10. The spread on professional accounts starts from 0.0 pips; Standard accounts start from 0.7 pips. For EUR/USD, the average spread is 0.5 pips (on MT4.ECN, MT5.ECN, CT.ECN) and 1.4 pips (on МТ4.VAR). There is a commission per lot on ECN accounts.
4
Scandinavian Capital Markets - Best in Canada for 2025
Scandinavian Capital Markets offers clients more than 100 trading instruments, MetaTrader 4, cTrader, and FIX API. Trading leverage depends on the instrument and is up to 1:200 for currencies and up to 1:33 for cryptocurrencies. Novice traders and potential clients have the opportunity to trade on a demo account, which eliminates the risk of losing money because trading is carried out with virtual funds.
5
Tradeview - Best in Canada for 2025
The Tradeview Markets broker offers clients over 100 trading instruments, and with the Tradeview Markets unit one can trade CFDs on over 5,000 real U.S. stocks and options. You will have access to four types of trading terminals – MetaTrader 4, MetaTrader 5, cTrader, CurreneX and Sterling Trader. Clients can work with leverage up to 1:100 or up to 1:400, depending on the type of trading account. You can test your strategies using a free demo account.
TOP 5 Comparison
In order to choose the Best cTrader Brokers in Canada in 2025, TU analysts chose 5 best brokers in this country. In the table below, you can see a basic comparison of these companies. Experts selected only the most reliable brokers that are popular among traders in Canada.
IC Markets | Pepperstone | Traders Way | Scandinavian Capital Markets | Tradeview | |
---|---|---|---|---|---|
Trading platform |
MT4, cTrader, MT5, TradingView |
MT4, Mobile Trading, WebTrader, cTrader, MT5, TradingView |
cTrader, MetaTrader4, Web App, MetaTrader5 |
cTrader, MT4 |
MT4, MT5, cTrader, Сurrenex, Mobile platforms, Sterling Trader |
Min deposit |
$200 |
$1 |
No |
$250 |
$100 |
Leverage |
From 1:1 |
From 1:1 |
From 1:1 |
From 1:1 |
From 1:1 |
Trust management |
No |
No |
No |
No |
No |
Accrual of % on the balance |
No |
No |
No |
No |
No |
Spread |
From 0 points |
From 0 points |
From 0 points |
From 0 points |
From 0 points |
Level of margin call / stop out |
100% / 50% |
90% / 20% |
80% / 20% |
100% / 80% |
100% / 0% |
Execution of orders |
Market Execution |
Instant Execution |
NDD, STP |
ECN |
Market Execution |
No deposit bonus |
No |
No |
No |
No |
No |
Cent accounts |
No |
No |
No |
No |
No |
TU Expert Review for the best cTrader Brokers in Canada
Financial expert and analyst at Traders Union
Anton joined Traders Union as a financial expert and analyst in 2013. He performs comprehensive internal testing of brokers as a trader. Essentially, Anton “test drives” brokers: he checks the operation of the website and user account, the speed and effectiveness of customer support team, stability of the software, deposit and withdrawal processing times, legal documents of companies and also all additional services (VPS, affiliate programs, contests, bonuses, educational programs, etc.). Based on the results of his “inspections”, he prepares expert conclusions about the operation of brokerage companies in the Forex, stock and binary option markets and also of the cryptocurrency exchanges.
His opinion as for the best cTrader Brokers in Canada is posted below.
IC Markets - TU Expert Review
IC Markets has many years of experience in financial markets. It was incorporated in 2007 and provides its services in strict accordance with regulatory requirements so as not to lose its licenses and client trust. The broker constantly improves its services, ensuring software technical stability, a high level of data protection, and favorable trading conditions. IC Markets has been in Traders Union's top 20 Forex brokers for many years and is a constant partner. TU can recommend IC Markets to traders with different backgrounds, who use both short- and mid-term strategies, as well as expert advisors and custom indicators. The important advantage of IC Markets over other brokers is diversity. The company offers plenty of trading instruments: 60+ currency pairs, CFDs on futures, indices, commodities, metals, 2,100+ stocks (Nvidia stock, Apple stock, Google stock, Tesla stock etc.), bonds, cryptocurrencies. A wide range of account types, and a good choice of platforms for active and social trading. Other IC Markets advantages are three regulatory licenses, membership in the Financial Commission, and participation in several compensation schemes.
Pepperstone - TU Expert Review
Pepperstone is a notable trading company that caters to both beginners and seasoned traders, providing a robust platform for a seamless trading experience. For beginners, the user-friendly interface and comprehensive educational resources make it an ideal choice to embark on the trading journey. The availability of a demo account enables novices to practice strategies without real financial risk, fostering skill development. One of the standout features of Pepperstone is its commitment to regulation, holding licenses from reputable authorities like the Australian Securities and Investments Commission (ASIC) and the Financial Conduct Authority (FCA). This regulatory adherence instills a sense of trust and security among potential traders, emphasizing the company's dedication to maintaining high industry standards. Pepperstone's diverse range of tradable instruments, including Forex, commodities, and cryptocurrencies, provides ample opportunities for traders at various levels. The competitive spreads and efficient order execution contribute to the appeal of the platform for both beginners and professionals. Moreover, the broker's commitment to customer support is evident through various channels, ensuring that traders have assistance when needed. However, potential traders should be mindful of associated fees, and it's advisable to review the terms and conditions thoroughly. In summary, Pepperstone emerges as a reliable and feature-rich trading platform suitable for both beginners and experienced traders, offering a blend of user-friendly interfaces and professional-grade tools.
Traders Way - TU Expert Review
From the very beginning, Trader’s Way (TradersWay.com) has aspired to provide better products, technologies, and services to its customers. The broker offers a wide range of trading instruments, minimum deposits that are affordable to any trader, and high leverage. The broker’s customers have access to currency pairs, metals, and energies using the most popular platforms — MetaTrader 4, MetaTrader 5, and cTrader. Trader’s Way offers beneficial conditions primarily to professional traders. The ECN account provides access to working directly on the interbank exchange with popular assets and tight market spreads. Beginners on Forex can copy trades of experienced traders using the available social trading platforms. At the same time, due to several drawbacks (the absence of cent accounts and education materials), the broker cannot be considered the best option for novice traders. The company’s website has been localized in 11 languages, but we recommend using the English version, not the Russian one. The information about trading conditions in Russian is outdated: some data about the accounts and services do not correspond to reality. However, the operators of the online chat quickly clear up any inconsistencies (the response time is 3-5 minutes).
Scandinavian Capital Markets - TU Expert Review
Scandinavian Capital Markets has been on the market for more than 10 years and throughout the entire period of its work it implements innovative ideas and services that expand the capabilities of the company's clients. Traders can choose an account currency, spreads, leverage, and trading fees. Also, clients can open trust accounts, earn money by copying trades, attract referrals, or create their own business using the ready-made infrastructure of the broker. In addition to standard trading and PAMM accounts, the broker's clients have the opportunity to open a demo account for risk-free trading with virtual funds. Such accounts are used by novice traders to apply theoretical knowledge in practice, and by experienced traders to test the functionality and improve their trading strategies. This broker provides all the necessary legal information on its official website. If you need to clarify something and get advice, you can contact technical support through the feedback form, by phone, or in a live chat. Support responds quickly and helps to resolve issues.
Tradeview - TU Expert Review
The Tradeview Markets broker has been providing trading services since 2004 and puts its best foot forward to provide clients with attractive trading terms. It is an ECN broker that provides direct access to over 50 liquidity providers and executes orders very fast. All quotes also come directly from liquidity providers, guaranteeing their objectivity. The broker offers clients two types of trading accounts with favorable trading terms. The spread in the company starts from 0.1 pips, and the fixed commission is $2.50. Tradeview Markets offers clients margin trading with the leverage of up to 1:400. The Tradeview Markets website provides all the information about commissions and current spreads. If necessary, the information can be clarified with the customer support staff. The Tradeview Markets broker made the Traders Union rating, thanks to favorable commissions, four types of trading terminals, the copy trading service, and a good reputation.
Summary
Many brokers operate in Canada, but not all of them are reliable or offer attractive trading conditions. TU experts selected 5 companies and rated them based on collected data. By reviewing them, you will learn about the Best cTrader Brokers in Canada 2025 and will be able to evaluate the pros and cons of its closest competitors.
Overall score of the best cTrader Brokers in Canada
IC Markets | Pepperstone | Traders Way | Scandinavian Capital Markets | Tradeview | |
---|---|---|---|---|---|
Overall score |
8.35 |
8.2 |
5 |
4.95 |
6.33 |
Execution of orders |
9.45 |
9.15 |
5.5 |
2.65 |
4.01 |
Investment instruments |
9.9 |
10 |
2.5 |
9.2 |
7 |
Withdrawal speed |
8 |
7 |
8 |
9 |
8 |
Customer Support work |
7.19 |
6.98 |
4.33 |
1.44 |
6.31 |
Variety of instruments |
8.02 |
8.75 |
5.02 |
6.37 |
7.02 |
Trading platform |
7.51 |
7.29 |
4.67 |
1.05 |
5.61 |
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FAQ
What factors are important when you are choosing a broker?
When you are choosing a broker, it is important to make sure it is a reliable company, consider its fees, the list of trading instruments, deposit and withdrawal methods and other factors. It is important to study a broker in detail, before opening an account with it.
What are the risks of trading in the financial markets?
Any trading in the financial markets carries risks of losing your money due to asset volatility. Therefore, it is important to develop the rules of risk management in your strategy and strictly follow them.
Can you earn passive income in the financial markets?
Yes, the best brokers of Canada offer passive income options. These could include copy trading, PAMM accounts, managed portfolios, etc.
What commissions and fees should I take into consideration when I am choosing a broker?
The commissions and fees in the financial markets are divided into trading and non-tradings ones. Trading fees are the fees that are charged directly during trading (spread, commission per lot, etc.), while non-trading fees are the ones charged outside the trading process (for example, account fee, inactivity fee, deposit and withdrawal fee).
Best cTrader Brokers by Countries
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.