Many traders in Canada use mobile apps to trade. Many brokers operate in this country, each offering their own platform. Before making a choice, it is important to evaluate apps to find the one that perfectly suits your goals and strategy. TU analysts compared Top 5 mobile apps. You will be able to choose the Best Futures Trading App in Canada for 2024, based on our assessments.
FBS is a broker for those who appreciate a variety of trading instruments and prompt support. The company is suitable for both beginners and experienced traders working on PCs and smartphones.
InstaForex is the best option for traders with any level of experience. For active professional traders, there is a large pool of non-standard technological solutions for more accurate analysis. For novice traders, there are comfortable starting conditions, such as a $1 minimum deposit under the regulation of FSC and a $200 minimum deposit with the broker regulated by CySEC. There are PAMM accounts and social trading for investors.
FXPrimus is a broker that offers very favorable terms for independent trading and investing. In addition to an attractive range of trading assets, the company also captivates by paying increased attention to security. It is also worth noting a serious approach to the issues of analytics and education.
Conditions of Trader’s Way are mostly suitable for professional traders and passive investors, who use social trading platforms to earn profits.
Capital Street FX is rather a broker for professional traders, because competitive spreads from 0.1 pips are available only if you deposit USD 10,000 to your account.
Best Futures Trading App in Canada for 2024
| FBS | InstaForex | FXPRIMUS | Traders Way | Capital Street FX | |
|---|---|---|---|---|---|
|
Trading platform |
MT4, Mobile Trading |
MT4, MultiTerminal, Mobile Trading, MT5, WebTrader |
FXPrimus WebTrader, MT4, cTrader, MT5, Mobile platforms, MultiTerminal |
cTrader, MetaTrader4, Web App, MetaTrader5 |
Mobile Trading, ActTrader, WebTrader, Desktop Terminal, WebTrader Lite |
|
Min deposit |
$1 |
$1 |
$15 |
No |
$100 |
|
Leverage |
From 1:1 |
From 1:1 |
From 1:1 |
From 1:1 |
From 1:1 |
|
Trust management |
No |
Yes |
No |
No |
No |
|
Accrual of % on the balance |
No |
No |
No |
No |
No |
|
Spread |
From 0.2 points |
From 0 points |
From 0.1 points |
From 0 points |
From 0.1 points |
|
Level of margin call / stop out |
40% / 20% |
30% / 10% |
30% / 30% |
80% / 20% |
50% / 10% |
|
Execution of orders |
Market Execution |
Instant Execution |
Market Execution |
NDD, STP |
Instant Execution |
|
No deposit bonus |
$5 |
No |
No |
No |
No |
|
Cent accounts |
Yes |
Yes |
No |
No |
No |
1
Best Futures Apps in Canada - FBS
FBS is an international broker with a strong presence in Asia, offering a wide range of trading instruments including Forex, stocks, indices, energies, and metals. With over 90 international awards and 27 million clients across 150 countries, FBS boasts a strong global reputation.
The company provides flexible trading conditions: leverage up to 1:3000, floating spreads from 0.7 pips, commission-free trading, and fast execution speeds starting at 0.01 seconds. FBS ensures client security with negative balance protection and offers a user-friendly experience on familiar trading platforms.
While FBS doesn't currently offer cryptocurrency trading or passive income options like PAMM accounts and copy trading, its competitive conditions and extensive educational resources make it a compelling choice for traders seeking a comprehensive and accessible experience.
👍 Advantages of trading with FBS for traders in Canada:
•negative balance protection;
•a large selection of trading instruments;
•the support service works 24/7.
👎 Disadvantages of FBS for traders in Canada:
•no cryptocurrency;
•auto copying is not available;
•no PAMM accounts;
•not suitable for short-term trading, such as scalping;
•the support service works in a limited number of languages;
•only two real accounts.
2
Best Futures Apps in Canada - InstaForex
InstaForex is a leading broker with over 7,000,000 clients. The company provides access to 2,500+ trading instruments, including Forex pairs, stocks, indices, commodities, and cryptocurrencies. Clients can benefit from competitive spreads starting from 0 pips, leverage up to 1:1000, and access to non-standard technological solutions like synthetic securities. The average execution speed is 0.1 sec.
The broker offers a wide range of cryptocurrency CFDs, with over 70 instruments available and zero spreads on major cryptocurrencies. Additionally, it supports passive investment options including PAMM accounts, copy trading services, and unique offering - OYS portfolios.
The company provides responsive client support and insurance coverage up to €20,000 under European regulation.
👍 Advantages of trading with InstaForex for traders in Canada:
•2,500+ trading instruments, including non-standard assets, such as InstaFutures and synthetic securities.
•Passive investment products, including PAMM accounts and a copy trading service.
•Non-standard technological solutions such as InstaSpot (P2P spot trading), OYS account, Stock Basket, etc.
•European regulation and IFC compensation fund with guaranteed insurance coverage up to €20,000.
•Comfortable trading conditions, such as a $1 minimum deposit and leverage up to 1:1000, for clients of the FSC-regulated broker.
👎 Disadvantages of InstaForex for traders in Canada:
•Tough conditions for retail European traders due to regulations.
•The time gap between a trade executed by a trader and the one copied to the investor’s account in the social trading service can be up to 15 seconds.
3
Best Futures Apps in Canada - FXPRIMUS
FXPrimus is a broker regulated by CySEC (Cyprus Securities and Exchange Commission, 261/14) and the VFSC (Vanuatu Financial Services Commission, 303073). It guarantees the protection of clients' assets with insurance coverage of 5 million euros. The company applies the latest systems, the task of which is to ensure a high level of data protection. Also, the company's activities are regulated by the FSC (Financial Services Commission). The broker provides clients with access to Forex and CFDs. Assets available include 43 currency pairs, four types of precious metals, energies, stocks, and market indexes. The company describes itself as one of the safest and continues to set new data protection standards to this day. FXPrimus has always prioritized security, which has allowed it to take a confident position on large trading platforms.
👍 Advantages of trading with FXPRIMUS for traders in Canada:
•the widest range of trading assets;
•a trader's funds are insured for up to 5 million euros;
•high level of security.
👎 Disadvantages of FXPRIMUS for traders in Canada:
•support service active 24/5;
•very rarely, but there are failures in the platform's operation that require its restart;
4
Best Futures Apps in Canada - Traders Way
Trader’s Way was established by a group of financial experts and analysts to provide trading opportunities to traders across the globe. Throughout its operation, the broker has been continuously improving the services and technologies it provides, adding new platforms, useful applications, and available social trading platforms. Trader’s Way aspires to meet the trading demands of both active Forex traders and passive investors with various amounts of free equity.
👍 Advantages of trading with Traders Way for traders in Canada:
•Optimal trading conditions for experienced and professional traders: tight spreads and low trading commissions per lot on ECN accounts.
•No trading limitations: hedging, scalping, and use of algorithmic advisors are allowed.
•Availability of several social trading platforms for copying trades of successful traders.
👎 Disadvantages of Traders Way for traders in Canada:
•No cent (micro) accounts.
•Investment in PAMM, MAM, and RAMM accounts is not available.
•Complicated verification process: a new user must provide a certified translation of documents into English.
•The broker does not provide its own analytics to its customers.
•There are no Russian-speaking operators on the online chat.
5
Best Futures Apps in Canada - Capital Street FX
The company was established in 2002. Capital Street Intermarkets Limited is authorized and regulated by the Financial Services Commission, Mauritius. The company offers its customers an extensive list of financial services ranging from Capital Market Execution to Private Banking services. Capital Street Intermarkets Limited is duly licensed and fully regulated by FSC Mauritius as a Full Services Investment Dealer (excluding underwriting) with the license No. C112010690. Today, the company is proud to introduce innovations to the field of financial products and services.
👍 Advantages of trading with Capital Street FX for traders in Canada:
•Wide choice of trading assets. In addition to standard instruments, you can also trade stocks, bonds and cryptocurrencies.
•Flexible bonus programs. Each trader can get a one-time bonus of 150%-900%.
👎 Disadvantages of Capital Street FX for traders in Canada:
•Offshore regulation (FSC, Mauritius).
•Proprietary trading platform, which is technically inferior to the classic MT4/MT5 trading platforms.
Best Futures Trading App in Canada 2024: Education for Investors
When choosing the app, it is important to consider educational tools offered by brokers. TU analysts prepared a comparison of educational programs.
FBS - Education for Investors
Investment Education Online
The FBS website has an impressive training section where everyone can get the information they need to trade successfully on Forex and beyond. The broker provides a quick guide to Forex, tips for traders, and video tutorials. The company also conducts webinars. The section is divided into levels for beginners, elementary, intermediate, and advanced levels.
To practice the knowledge gained on the FBS website, the specialists of the brokerage company recommend opening a demo account. You can practice on it without risking real money. The next step is to open a cent account which will allow you to trade in the real market, but with lower risks than on a standard account.
To support traders, a separate analytical section with an economic calendar, a currency converter, and calculators have been created on the site.
InstaForex - Education for Investors
Investment Education Online
Information
Educational materials can be found on the broker’s website in two sections. The “Novice Traders” section is designed for traders, who are just starting to grasp an understanding of the financial markets. The “Analytics” section provides additional materials for more experienced traders.
The broker's website contains analytical tools that for all traders from beginner to professional level.
The trader can access all information on the site from both the demo and trading accounts.
FXPRIMUS - Education for Investors
Investment Education Online
On the official website of FXPrimus, there are dedicated analytical and education sections available, where a trader can find useful materials as well as market analysis tools.
Each of these tools can be tested on a free training account.
Traders Way - Education for Investors
Investment Education Online
There are no education or analytics sections on the broker’s website. A novice trader can find useful information about starting to trade on Forex in the New To The Market, Resources, and Questions and Answers sections. That, however, is not enough for detailed studying of trading basics.
Users can test their Forex trading skills on the broker’s demo account.
Summary
In this review, you had an opportunity to learn about the features of 5 brokers, which traders in Canada choose the most. However, now you need to choose the best of them. You can do it using the scores given by the Traders Union. Check out the score table that will help you choose the Best Futures Trading App in Canada 2024.
| FBS | InstaForex | FXPRIMUS | Traders Way | Capital Street FX | |
|---|---|---|---|---|---|
|
Overall score |
8.28 |
7.83 |
6.62 |
4.59 |
3.72 |
|
Execution of orders |
9.5 |
8.85 |
4.85 |
5.5 |
3.19 |
|
Investment instruments |
6.96 |
7.1 |
7.44 |
1.71 |
5.4 |
|
Withdrawal speed |
9.57 |
6.9 |
7.64 |
6.29 |
0.29 |
|
Customer Support work |
7.58 |
7 |
5.55 |
4.33 |
3.45 |
|
Variety of instruments |
7.02 |
8.02 |
7.02 |
5.02 |
6.75 |
|
Trading platform |
9.03 |
9.1 |
7.2 |
4.67 |
3.23 |
|
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FAQ
Do all brokers offer mobile apps for iOS and Android?
Unfortunately no. Some companies focus only on one operating system. Before opening an account make sure that the broker offers the version for your operating system.
Do I need to pay for downloading the app?
Brokers do not charge a fee for downloading their mobile app. They are provided for free.
Are there versions of the apps for tablets?
In some cases, Forex brokers develop separate versions of apps for smartphones, tablets and even for TV sets.
If I remove the app from my phone and then reinstall it, will I lose the information?
No. The information is stored in the user account on the server. You will need to enter your username and password, pass two-factor authentication (if applicable) and you will have full access to your information.
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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.