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Best MT5 Brokers in Canada (2026)

17 online trading brokers accept clients from Canada, and 12 of them offer MetaTrader 5, so you can run Market Structure Pro on them. Compare regulation, typical spreads, platforms and our score below. Availability is based on published information, so always confirm you are accepted on the broker's own site.

MSP Score /100:85+ Excellent70 to 84 Very good55 to 69 Fair<55 Caution
17 brokers available in Canada, MetaTrader 5 first
#1

IC Markets

Sydney, Australia · est. 2007 · MT4, MT5, cTrader, TradingView
MT5✓ MSP-ready~ Mixed reviewsCFD
EUR/USD0.1 pip
Min deposit$200
ExecutionECN/STP
Regulated byASIC, CySEC
90
Grade A
Review Visit ↗
#2

Dukascopy Bank

Geneva, Switzerland · est. 2004 · JForex, MT4, MT5
MT5✓ MSP-ready~ Mixed reviewsCFDDMA
EUR/USD0.3 pip
Min deposit$100
ExecutionECN-STP
Regulated byFINMA, Bank of Latvia
87
Grade A
Review Visit ↗
#3

GO Markets

Melbourne, Australia · est. 2006 · MT4, MT5, cTrader, TradingView
MT5✓ MSP-ready✓ Trusted reviewsCFD
EUR/USD0.1 pip
Min deposit$200
ExecutionECN/STP (GO Plus+ raw); Standard is market maker
Regulated byASIC, CySEC
86
Grade A
Review Visit ↗
#4

FOREX.com

Warren, New Jersey, USA · est. 2001 · MT4, MT5, Advanced Trading platform, TradingView
MT5✓ MSP-ready✓ Trusted reviewsCFDSpread Betting
EUR/USD1.2 pip
Min deposit$100
ExecutionMarket maker
Regulated byNFA/CFTC, FCA
85
Grade A
Review Visit ↗
#5

FxPro

London, United Kingdom · est. 2006 · MT4, MT5, cTrader, FxPro Edge
MT5✓ MSP-ready✓ Trusted reviewsCFDSpread Betting
EUR/USD0.2 pip
Min deposit$100
ExecutionNo dealing desk
Regulated byFCA, CySEC
81
Grade B
Review Visit ↗
#6

OANDA

New York, USA · est. 1996 · OANDA Trade (fxTrade), MT4, MT5, TradingView
MT5✓ MSP-ready✓ Trusted reviewsCFD
EUR/USD0.9 pip
Min deposit$0
ExecutionNo dealing desk
Regulated byNFA/CFTC, FCA
79
Grade B
Review Visit ↗
#7

Admirals (Admiral Markets)

Tallinn, Estonia · est. 2001 · MT4, MT5, TradingView, Admirals Platform
MT5✓ MSP-ready✓ Trusted reviewsCFDSpread Betting
EUR/USD0.1 pip
Min deposit$100
ExecutionNo dealing desk
Regulated byFCA, CySEC
78
Grade B
Review Visit ↗
#8

Eightcap

Melbourne, Australia · est. 2009 · MT4, MT5, TradingView, TradeLocker
MT5✓ MSP-ready✓ Trusted reviewsCFD
EUR/USD0.1 pip
Min deposit$100
ExecutionNo dealing desk (STP)
Regulated byASIC, FCA
78
Grade B
Review Visit ↗
#9

TMGM (TradeMax Global Markets)

Sydney, Australia · est. 2013 · MT4, MT5, IRESS
MT5✓ MSP-ready✓ Trusted reviewsCFDDMA
EUR/USD0.1 pip
Min deposit$100
ExecutionECN/STP (some offshore entities operate on a principal/market-maker basis)
Regulated byASIC, FMA
78
Grade B
Review Visit ↗
#10

Blueberry Markets

Sydney, Australia · est. 2016 · MT4, MT5, cTrader, TradingView
MT5✓ MSP-ready✓ Trusted reviewsCFD
EUR/USD0.1 pip
Min deposit$100
ExecutionNo dealing desk / ECN-STP (institutional LPs)
Regulated byASIC, VFSC
78
Grade B
Review Visit ↗
#11

AvaTrade

Dublin, Ireland · est. 2006 · MT4, MT5, AvaTradeGO, AvaOptions
MT5✓ MSP-ready~ Mixed reviewsCFDOptions
EUR/USD0.9 pip
Min deposit$100
ExecutionMarket maker (fixed spreads)
Regulated byCentral Bank of Ireland, ASIC
75
Grade B
Review Visit ↗
#12

Moneta Markets

Kingstown, St. Vincent & the Grenadines · est. 2019 · MT4, MT5, TradingView, ProTrader
MT5✓ MSP-ready~ Mixed reviewsCFD
EUR/USD0.1 pip
Min deposit$50
ExecutionECN/STP - No dealing desk
Regulated byFSCA, FSA
64
Grade C
Review Visit ↗
#13

Interactive Brokers (IBKR)

Greenwich, Connecticut, United States · est. 1978 · Trader Workstation (TWS), IBKR Desktop, IBKR Mobile, IBKR GlobalTrader
No MT5✓ Trusted reviewsCFDDMA
EUR/USD0.2 pip
Min deposit$0
ExecutionDMA / ECN-STP (agency execution with SmartRouting)
Regulated bySEC, FINRA
92
Grade A
Review Visit ↗
#14

IG (IG Markets)

London, United Kingdom · est. 1974 · IG platform (web/app), MT4, ProRealTime, L2 Dealer (DMA)
No MT5✓ Trusted reviewsCFDSpread Betting
EUR/USD0.6 pip
Min deposit$0
ExecutionMarket maker (also offers DMA via L2 Dealer / Forex Direct)
Regulated byFCA, ASIC
86
Grade A
Review Visit ↗
#15

CMC Markets

London, United Kingdom · est. 1989 · Next Generation, MT4, TradingView
No MT5✓ Trusted reviewsCFDSpread Betting
EUR/USD0.6 pip
Min deposit$0
ExecutionMarket maker
Regulated byFCA, ASIC
84
Grade B
Review Visit ↗
#16

Trade Nation

London, United Kingdom · est. 2014 · TN Trader, MT4, TradingView
No MT5✓ Trusted reviewsCFDSpread Betting
EUR/USD0.6 pip
Min deposit$0
ExecutionMarket maker
Regulated byFCA, ASIC
74
Grade B
Review Visit ↗
#17

eToro

Bnei Brak, Israel · est. 2007 · eToro platform (web), eToro mobile app
No MT5✓ Trusted reviewsCFDInvest / real shares
EUR/USD1 pip
Min deposit$50
ExecutionMarket maker
Regulated byFCA, CySEC
71
Grade B
Review Visit ↗

Looking wider? Browse the full broker directory with country, platform, product and spread filters, or read our best MT5 indicators guide.

Frequently asked questions

What is the best MT5 broker in Canada?

Based on our scoring, top MetaTrader 5 brokers available to traders in Canada include IC Markets, Dukascopy Bank, GO Markets. The best choice depends on your priorities: regulation, spreads, platform and deposit method. Compare them above and always confirm you are accepted on the broker's own site.

Can I trade forex in Canada?

Retail forex and CFD trading through international brokers is accessible to traders in Canada via the brokers listed above, which accept clients there according to their published availability. Local rules vary, so check your country's regulations and confirm eligibility on the broker's website before depositing.

Which brokers accept clients from Canada?

The 17 brokers on this page are listed as accepting clients from Canada based on their published served regions and restrictions. 12 of them offer MetaTrader 5, so you can run Market Structure Pro with them.