Adam Rosen - Lead financial writer
Canada trading Platforms for Crypto have seen huge growth over the last 3 years, allowing Canadian traders to buy, sell and transfer crypto financial assets on live financial markets. Many modern trading platforms in Canada also allow Canadian traders to trade in stocks and shares, Forex currencies, commodities, ETFs and other financial markets along side cryptocurrency in Canada. In this indepth guide we explain how trading platforms that offer cryptocurrencies work for Canadian crypto investors.
🤴 FP Markets is Used By: 10,000
⚡ FP Markets is Regulated by: Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Financial Services Authority (St. Vincent and the Grenadines)
💵 What You Can Trade with FP Markets: Forex, Minors, Majors, Exotics, Indices, Metals,
💵 Instruments Available with FP Markets: 100
📈 FP Markets Inactivity Fees: No
💰 FP Markets Withdrawal Fees: No
💰 FP Markets Payment Methods: Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, BPAY, POLi, PayPal, Neteller, Skrill, PayTrust, NganLuong VN, Fasapay, Broker to Broker, OnlinePay China, Directa24, Klarna, PayTrust88, Payoneer,
FP Markets Risk warning : Losses can exceed deposits
🤴 XTB is Used By: 250,000
⚡ XTB is Regulated by: Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comision Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa
💵 What You Can Trade with XTB: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Pennystocks, Energies, Metals, Agriculturals, ETFs,
💵 Instruments Available with XTB: 4000
📈 XTB Inactivity Fees: Yes
💰 XTB Withdrawal Fees: No
💰 XTB Payment Methods: Credit cards, MasterCard, Maestro, Visa, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, Skrill, Poli, Paysafe, Payoneer,
XTB Risk warning : 76% - 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
🤴 Pepperstone is Used By: 89,000
⚡ Pepperstone is Regulated by: Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217
💵 What You Can Trade with Pepperstone: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, Energies, Metals,
💵 Instruments Available with Pepperstone: 100
📈 Pepperstone Inactivity Fees: Yes
💰 Pepperstone Withdrawal Fees: No
💰 Pepperstone Payment Methods: Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, BPAY, POLi, UnionPay, FasaPay, QIWI, Payoneer,
Pepperstone Risk warning : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money
🤴 easyMarkets is Used By: 142,500
⚡ easyMarkets is Regulated by: Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI)
💵 What You Can Trade with easyMarkets: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, Energies, Metals, Agriculturals, Options,
💵 Instruments Available with easyMarkets: 200
📈 easyMarkets Inactivity Fees: No
💰 easyMarkets Withdrawal Fees: No
💰 easyMarkets Payment Methods: Credit cards, MasterCard, Maestro, American Express, JCB, Astropay, Debit cards, Bank Transfer, SOFORT, GiroPay, iDeal, Bpay, Electronic wallets (eWallets), Skrill, Neteller, WebMoney, UnionPay, WeChatPay, FasaPay, STICPAY,
easyMarkets Risk warning : Your capital is at risk
🤴 SpreadEx is Used By: 10,000
⚡ SpreadEx is Regulated by: Financial Conduct Authority (FCA)
💵 What You Can Trade with SpreadEx: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Pennystocks, Energies, Metals, Agriculturals, ETFs, IPO, Bonds, Options, Treasuries,
💵 Instruments Available with SpreadEx: 15000
📈 SpreadEx Inactivity Fees: No
💰 SpreadEx Withdrawal Fees: 0, minimum £50
💰 SpreadEx Payment Methods: Credit cards, VISA, Switch, Maestro, Debit cards, Bank Transfer, Payoneer,
SpreadEx Risk warning : Losses can exceed deposits
🤴 HYCM is Used By: 10,000
⚡ HYCM is Regulated by: Financial Conduct Authority (FCA), FCA reference number 186171, Cyprus Securities and Exchange Commission (CySEC), CySEC license number 259/14, Cayman Islands Monetary Authority (CIMA), CIMA reference number 1442313, Dubai financial services authority (DFSA), DFSA license number 000048
💵 What You Can Trade with HYCM: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, Energies, Metals, Agriculturals,
💵 Instruments Available with HYCM: 100
📈 HYCM Inactivity Fees: Yes
💰 HYCM Withdrawal Fees: No
💰 HYCM Payment Methods: Credit cards, Debit cards, Bank Transfer, PayPal, WebMoney, Payoneer,
HYCM Risk warning : Losses can exceed deposits
🤴 Axi is Used By: 10,000
⚡ Axi is Regulated by: Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA), Financial Service Authority of St. Vincent and the Grenadines (FSA)
💵 What You Can Trade with Axi: Forex, Minors, Cryptocurrencies, Majors, Exotics,
💵 Instruments Available with Axi: 100
📈 Axi Inactivity Fees: No
💰 Axi Withdrawal Fees: No
💰 Axi Payment Methods: Credit cards, Debit cards, Bank Transfer, Neteller, BPAY, UnionPay, Payoneer,
Axi Risk warning : Losses can exceed deposits
🤴 ForTrade is Used By: 1,000,000
⚡ ForTrade is Regulated by: Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Investment Industry Regulatory Organization of Canada (IIROC), National Bank of the Republic of Belarus (NBRB)
💵 What You Can Trade with ForTrade: Forex, Minors, Cryptocurrencies, Majors, Exotics, Bonds,
💵 Instruments Available with ForTrade: 100
📈 ForTrade Inactivity Fees:
💰 ForTrade Withdrawal Fees: No
💰 ForTrade Payment Methods: Credit cards, Debit cards, Bank Transfer, PayPal, Neteller, Payoneer,
ForTrade Risk warning : Your capital is at risk
🤴 ForexMart is Used By: 10,000
⚡ ForexMart is Regulated by: Cyprus Securities and Exchange Commission (CySEC)
💵 What You Can Trade with ForexMart: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, ETFs, Bonds,
💵 Instruments Available with ForexMart: 111
📈 ForexMart Inactivity Fees: No
💰 ForexMart Withdrawal Fees: 5
💰 ForexMart Payment Methods: Bank Transfer, Visa, MasterCard, Skrill, Neteller, PayCo, fasaPay, Qiwi, Union Pay, AliPay,
ForexMart Risk warning : Your capital is at risk
🤴 ETFinance is Used By: 10,000
⚡ ETFinance is Regulated by: Cyprus Securities and Exchange Commission (CySEC)
💵 What You Can Trade with ETFinance: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, ETFs, Bonds,
💵 Instruments Available with ETFinance: 150
📈 ETFinance Inactivity Fees:
💰 ETFinance Withdrawal Fees: $100/10000JPY
💰 ETFinance Payment Methods: Bank Bank Wire transfer, Electronic wallets (eWallets), Skrill account, Neteller,
ETFinance Risk warning : Trading leverage products may not be suitable for all traders. 71% of retail CFD accounts lose money.
🤴 GKFX is Used By: 10,000
⚡ GKFX is Regulated by: Malta Financial Services Authority (MFSA)
💵 What You Can Trade with GKFX: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, US Stocks, UK Stocks, Energies, Metals, Agriculturals,
💵 Instruments Available with GKFX: 100
📈 GKFX Inactivity Fees: No
💰 GKFX Withdrawal Fees: No
💰 GKFX Payment Methods: Credit cards, Debit cards, Bank Transfer, SOFORT, Payoneer,
GKFX Risk warning : Losses can exceed deposits
🤴 UFX is Used By: 10,000
⚡ UFX is Regulated by: Cyprus Securities and Exchange Commission (CySEC)
💵 What You Can Trade with UFX: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, Agriculturals, ETFs,
💵 Instruments Available with UFX: 100
📈 UFX Inactivity Fees: Yes
💰 UFX Withdrawal Fees: No
💰 UFX Payment Methods: Credit cards, Bank Transfer, American Express, Neteller, Bitcoin, WebMoney, POLi, UnionPay, CashU, QIWI, SOFORT, Giropay, Payoneer,
UFX Risk warning : Your capital is at risk
🤴 Hargreaves Lansdown is Used By: 10,000
⚡ Hargreaves Lansdown is Regulated by: Financial Conduct Authority (FCA)
💵 What You Can Trade with Hargreaves Lansdown: Forex, Cryptocurrencies, Majors, Indices, UK Stocks, UK Stocks, Energies, Metals, Agriculturals, ETFs, IPO,
💵 Instruments Available with Hargreaves Lansdown: 100
📈 Hargreaves Lansdown Inactivity Fees: No
💰 Hargreaves Lansdown Withdrawal Fees: Yes
💰 Hargreaves Lansdown Payment Methods: Credit cards, Bank Transfer,
Hargreaves Lansdown Risk warning : Losses can exceed deposits
🤴 Z.com Trade is Used By: 10,000
⚡ Z.com Trade is Regulated by: Financial Conduct Authority (FCA), Financial Services Authority (FSA), Securities and Futures Commission (SFC)
💵 What You Can Trade with Z.com Trade: Forex, Commodities, Indices, Stocks, Crypto, Futures, CFDs
💵 Instruments Available with Z.com Trade: 263
📈 Z.com Trade Inactivity Fees:
💰 Z.com Trade Withdrawal Fees: varies
💰 Z.com Trade Payment Methods: American Express,
Z.com Trade Risk warning : Your capital is at risk
🤴 Tradeview is Used By: 10,000
⚡ Tradeview is Regulated by: Cayman Islands Monetary Authority (CIMA), Malta Financial Services Authority (MFSA)
💵 What You Can Trade with Tradeview: Forex, Majors, Indices, Energies, Metals, Agriculturals,
💵 Instruments Available with Tradeview: 234
📈 Tradeview Inactivity Fees: Yes
💰 Tradeview Withdrawal Fees: No
💰 Tradeview Payment Methods: Bank wire, Credit Cards, Debit cards, Skrill, Neteller, Bitwallet, eTransfer, Eco payz,Tronipay, Uphold, Bitpay, Payretailers, Fasapay, Transfer mate, Advcash, Paytrust,
Tradeview Risk warning : Your capital is at risk
🤴 ICM Capital is Used By: 10,000
⚡ ICM Capital is Regulated by: Financial Conduct Authority (FCA), Financial Services Authority St. Vincent and the Grenadines (SVGFSA)
💵 What You Can Trade with ICM Capital: Forex, Commodities, Indices, Stocks, Crypto, Futures
💵 Instruments Available with ICM Capital: 142
📈 ICM Capital Inactivity Fees:
💰 ICM Capital Withdrawal Fees: varies
💰 ICM Capital Payment Methods: Neteller, Electronic wallets (eWallets)s, Credit cards, Debit cards, Bank Transfer,
ICM Capital Risk warning : Your capital is at risk
🤴 Vantage FX is Used By: 10,000
⚡ Vantage FX is Regulated by: Australian Securities and Investment Commission (ASIC), Cayman Islands Monetary Authority (CIMA), Financial Conduct Authority (FCA), Vanuatu Financial Services Commission (VFSC)
💵 What You Can Trade with Vantage FX: Forex, Commodities, Indices, Stocks, Crypto, Futures, CFDs
💵 Instruments Available with Vantage FX: 247
📈 Vantage FX Inactivity Fees: No
💰 Vantage FX Withdrawal Fees: No
💰 Vantage FX Payment Methods: Domestic EFT, Bank Wire transfer, B Pay, POLi Payments, Credit Cards, Debit Cards, JCB, China Union Pay, Neteller, Skrill, FasaPay, Thailand Instant Bank,
Vantage FX Risk warning : Your capital is at risk
🤴 ICICI Direct is Used By: 2,000,000
⚡ ICICI Direct is Regulated by: Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange
💵 What You Can Trade with ICICI Direct: Indian Exchange-Listed Stocks and ETFs, Options Contracts for Indian Exchange-Listed Stocks and ETFs
💵 Instruments Available with ICICI Direct: 5000
📈 ICICI Direct Inactivity Fees: No
💰 ICICI Direct Withdrawal Fees: No
💰 ICICI Direct Payment Methods: Credit cards, Bank Transfer, PayPal, Debit cards,
ICICI Direct Risk warning : Your capital is at risk
🤴 World Forex is Used By: 10,000
⚡ World Forex is Regulated by: Vanuatu Financial Services Commission (VFSC)
💵 What You Can Trade with World Forex: Forex, Commodities, Indices, Stocks, Crypto, Futures, CFDs
💵 Instruments Available with World Forex: 260
📈 World Forex Inactivity Fees:
💰 World Forex Withdrawal Fees: $20
💰 World Forex Payment Methods: Bank cards, Internet banking, WebMoney, Yandex, Money, QIWI, PAYEER, Perfect Money, ADVCash, Bitcoin, Dash, Google Pay, Bank Wire transfer,
World Forex Risk warning : Your capital is at risk
🤴 Ovalx is Used By: 10,000
⚡ Ovalx is Regulated by: Financial Conduct Authority (FCA), South African Financial Sector Conduct Authority (FSCA)
💵 What You Can Trade with Ovalx: Forex, Majors, Indices, UK Stocks, UK Stocks, Energies, Metals, Agriculturals, ETFs, IPO, cryptocurrency,
💵 Instruments Available with Ovalx: 258
📈 Ovalx Inactivity Fees: No
💰 Ovalx Withdrawal Fees: varies
💰 Ovalx Payment Methods: Credit cards, Skrill, Neteller,
Ovalx Risk warning : 73.85% of retail investor accounts lose money when spread betting or trading CFDs with OvalX.
In the Canadian cryptocurrency world, a cryptocurrency exchange is a buying and selling crypto platform where Canadian users may purchase and trade cryptocurrencies. Canadian crypto traders may use cryptocurrency exchanges to swap one cryptocurrency for another — such as converting Bitcoin to a Fiat currency or another crypto asset like Ethereum or Dogecoin. The live prices of cryptocurrencies on Canada trading platforms are traded based on the current crypto financial market conditions.
Crypto Brokers are the newest type of trading platform to enter the market in Canada. These Canada trading platforms provide Canadian traders with the ability to transact in cryptocurrencies at the current global market prices. The expense of using these Canada crypto trading platforms are simple to use and, in general, more accessible to Canadian traders than trading platforms even 5 years ago.
Exchanges of cryptocurrencies are businesses that allow clients to trade digital currencies for other assets such as fiat money or other digital currencies, among other things. In the cryptocurrency industry, a cryptocurrency exchange is a firm that allows consumers to trade digital currencies and other assets for real-world currencies such as dollars and euros.
An online cryptocurrency exchange in Canada, facilitates the exchange of cryptocurrencies for other digital currencies or fiat currency between Canadian buyers and sellers of crypto assets, where as a Canada trading platform offers cryptocurrency assets and other related crypto financial instruments to Canadian traders for trading on financial markets based on current market prices. For more serious Canadian cryptocurrency traders, trading platforms in Canada that sell cryptocurrency assets include comprehensive technical analysis tools and risk management trading capabilities that are essential for Canadian traders to navigate complex live volatile global cryptocurrency markets.
It is legal for cryptocurrency exchanges to operate in Canada, and they are subject to regulation. Trading platfroms offering financial services to Canadian residents are required to register and be authorised with British Columbia Securities Commission (BCSC), Canadian Investor Protection Fund (CIPF),Financial Transactions and Reports Analysis Center of Canada (FINTRAC), Investment Industry Regulatory Organization of Canada (IIROC), Ontario Securities Commission (OSC), Ombudsman of Banking Services and Investments (OBSI), The Cayman Islands Monetary Authority (CIMA). All trading platforms in Canada must have established an anti-money laundering and counter-terrorist codes of conduct and retain relevant records on Canadian crypto traders.
Appropriate financial regulators may require Canadian investors to seek assistance from them and file a formal complaint with them if any issues occur with a trading platform offering crypto financial services to Canadian residents. Due to the fact that Canadian trading platform crypto investors are physically located in Canada, obtaining assistance from outside of Canada may be incredibly complicated and inconvenient. This is why Canadian traders must make sure and check that the crypto assets they by are from a regulated trading platform that is authorised to offer cryptocurrency financial services in Canada.
Some cryptocurrency trading platforms in Canada allow Canadian traders to borrow up to 100 times their deposited account amount in order speculate on crypto related price movements, either up or down with out owning any underlying cryptocurrency assets. Trading cryptocurrencies or other financial assets using leverage is a term that refers to the use of borrowed funds to trade them. Trading crypto using leverage is also called crypto CFD trading and is very high risk. Essentially, it increases the buying or selling power of Canadian crypto CFD traders, allowing Canadian traders to trade with more exposure to the market than their is presently in your funded Canada crypto trading platform account. If a crypto trade does not go in your favour Canadian traders may lose more then their deposited amount. Crypto CFD trading is banned in some countries by some financial regulators due to the high level of risk. Using leverage on crypto related assets is for experienced Canadian traders only, and the risks should be clearly understood. Some Canadian traders use CFD trades to hedge against other investment portfolio items.
There are thousands of cryptocurrencies available on Trading platforms in Canada, including : (BTC) Bitcoin, (USDT) Tether, (USDC) USD Coin, (SHIB) SHIBA INU, (LUNA) Terra, (WBTC) Wrapped Bitcoin, (BUSD) Binance USD, (BNB) Binance Coin, (VET) Vechain, 1INCH, AAVE, (ADA) Cardano, (ALGO) Algorand, Ankr, (APE) ApeCoin, (ATOM) Cosmos, (AVAX) Avalanche, (AXS) Axie Infinity, (BAL) Balancer Crypto, (BAT) Basic Attention Token Crypto, (BCH) Bitcoin Cash Crypto, (BNB) Build and Build, (BNT) Bancor, Celo, (CHZ) Chiliz, (COMP) Compound, (CRV) Curve, DASH, (DOGE) Dogecoin, (DOT) Polkadot, dYdX, (ENJ) Enjin, EOS, (ETC) Ethereum Classic, (ETH) Ethereum, (FET) Fetch.ai, (FIL) Filecoin, (FLR) Spark, (FTM) Fantom, GALA, (GRT) The Graph Crypto, (HBAR) Hedera Hashgraph Crypto, (LINK) Chainlink Crypto, (LRC) Loopring, (LTC) Litecoin, (MANA) Decentraland, (MATIC) Polygon, (MIOTA) IOTA, (MKR) Maker, NEO, (QNT) Quant, REN, (SAND) The Sandbox, (SHIBxM) Shiba in millions, (SNX) Synthetix, (SOL) Solana, STORJ, (SUSHI) SushiSwap, Theta, (TRX) TRON, Uniswap, (XLM) Stellar, XRP, (XTZ) Tezos, (YFI) Yearn.finance Crypto, (ZEC) ZCASH, (ZRX) 0x Crypto.
Most of the most popular Canadian payment methods are accepted by trading platforms that offer cryptocurrency and cryptocurrency related financial instruments for trading. Paymentment and withdrawal methods vary between different crypto platforms in Canada. Supported crypto payment methods include: Ayden, Google Pay, AndroidPay, AlliedWallet, Barclaycard, BiuoWallet, Brinks, Papaya, PayTM, PayToo, Puut Wallet, Ecopayz, Leopay, WalletOne, Boku, Kuapay, Microsoft Pay, BigPay, SamsungPay, Discover, JCB Card, Visa Card, Mastercard, American Express Card, Alipay, Amazon Pay, Apple Pay, BitPay, BPAY, Easypaisa, Klarna, MPesa, Neteller, Payoneer, PayPal, Paysafe, Qiwi, SafeCharge, Skrill, Trustly, WebMoney, WeChat Pay, Worldpay, Yandex.Money, Venmo, Western Union, MoneyGram, Rapid Transfer, iDeal, Bank Transfer, POLi, Credit Card, Debit Card, Wire Transfer, Maestro, China UnionPay, WebPay, Spei, ThunderX, Perfect Money, AdvCash, NganLuong Wallet, AstroPay, efecty, Davivienda, Almancense Exito, Carulla, Edeq, Pago Facil, Rapi Pago, SeriPag, Red Pagos, Banorte, Bancomer, Pago Efectivo, Boleto, PayTrust, STICPAY, fasapay, Volt, dragonpay, Paylivre, FairPay, Ruppe Payments, Finrax, SOFORT, Giropay, bitwallet, DotPay, SafetyPay and Przelewy
When used in conjunction with Canada cryptocurrency trading platforms or cryptocurrency exchanges in Canada, crypto trading tools may save Canadian traders time while also guaranteeing that the investing process is more structured. They are useful in keeping an eye on the market and determining when it is the best moment to sell or buy, for example, when to buy or sell a house.
For Canadian crypto users who are new to the cryptocurrency world, it may be tough to get used to the technical aspect of crypto charting tools on crypto trading platforms in Canada. But technical analysis using charting tools on Canada crypto trading platforms are essential for Canadian traders to spot trend, understand crypto market volatility and mitigate cryptocurrency trading risk.
First and foremost your Canada crypto trading platform must be regulated by British Columbia Securities Commission (BCSC), Canadian Investor Protection Fund (CIPF),Financial Transactions and Reports Analysis Center of Canada (FINTRAC), Investment Industry Regulatory Organization of Canada (IIROC), Ontario Securities Commission (OSC), Ombudsman of Banking Services and Investments (OBSI), The Cayman Islands Monetary Authority (CIMA).
Canadian traders looking to trade crypto should check factors such as the amount of tokens and coins accessible, the price or fees paid for buying and sell crypto related financial assets, the convenience of use of the crypto trading platform in Canada, as well as the security of the platform for trading cryptocurrency and the quality of Canadian customer support.
For as little as a minimum deposit of $10, Canadian crypto traders can start trading on Canada trading platforms offering Canadian users buying and selling crypto related assets and financial instruments. Crypto trading fees and commissions vary in Canada.
If Canada isn’t quite what you are looking for you can check out some of the best Canada alternatives below.
If you would like to see Canada compared against some of the best Canada trading Platforms for Crypto alternatives available right now you can do so by clicking on the links below.