Bitcoin Canada Guide
Updated July 26, 2021
Bitcoin Canada
Bitcoin allows people to perform financial transactions more efficiently and anonymously. Bitcoin and other cryptocurrencies are not based in relation to any fiat currency, despite the fact it is traded and exchanged with said currencies. Despite its volatile nature, a strong interest in Bitcoin has grown among investors and traders. Some enjoy monetary benefits from holding Bitcoin, while others take big risks when trading Bitcoin to gain big returns.
Even though Bitcoin is not yet a legal currency to trade with in Canada, citizens are still able to invest in it. However, few Canadians know how to purchase it. In this article we will discuss how to buy Bitcoin in Canada, both properly and safely.
The Amount of Bitcoin You Should Invest In
Upon developing a digital currency portfolio, a traders needs to consider how much they want to invest. Generally speaking, you should invest an amount of money in Bitcoin that you are willing to lose. Bitcoin trading is highly speculative due to the volatile nature of its market, so there is potential for either big gains or big losses. Staking your Bitcoin holdings for rewards is a relatively low risk approach if you want to earn money from your digital currency investment.
Furthermore, you should invest your money wisely in cryptocurrency; Bitcoin is not an exception despite being the most popular choice. Fix a retirement plan and build up an emergency fund from your Bitcoin investment. From here, you will be able to decide how much Bitcoin you want to invest in with your money.
Methods of Purchasing Bitcoin
Canadians can purchase Bitcoin in several different ways, including through crypto exchange platforms, trading platforms, Bitcoin ATMs, OTC, peer-to-peer trading, or personal purchases. Every method has its own benefits and traders will prefer one method over others according to their personal needs.
Do not get confused by the variety of trading and exchange platforms available on the market. Bitcoin trading platforms typically offer an exchange feature where you can purchase Bitcoin with fiat currency, but exchange platforms also have Bitcoin crypto trading features.
The most popular and easiest way to purchase Bitcoin is through using crypto trading platforms. These platforms host a variety of exchanges for traders to choose from in order to find the best possible price of Bitcoin. However, these trading sites do not support crypto transfer: you can only withdraw your invested funds by selling your stored Bitcoin. You will have to create an account before starting to invest, and may be required to verify your ID when signing up to a Bitcoin crypto trading platform.
Another method through which you can purchase Bitcoin is by using digital marketplaces or online exchanges. Here, you can trade a diverse range of cryptocurrencies and pairs. Unlike trading platforms, online exchanges facilitate the buying and selling cryptocurrency for other cryptocurrencies. However, your Bitcoin and other crypto holdings within the platform are controlled by the providers. At this point, it is extremely important to use only a reputable exchange platform.
There are even some physical Bitcoin ATMs where you can purchase Bitcoin with a credit or debit card. Even though there are a limited number of Bitcoin ATMs available, they do provide a quick and safe transaction. However, Bitcoin ATMs are not common and you should not count on them for routine uses. Furthermore, purchasing Bitcoin via these ATMs is generally costly due to poor exchange rates and high transaction fees.
If you choose to use crypto marketplaces, you can buy Bitcoins from other users through peer-to-peer trading. The price of the Bitcoin will depend on the seller's asking price and on what you are willing to pay. While it may seem a legitimate process, you should be beware of scammers that present themselves as peer-to-peer trading platforms. Choose a trusted and popular crypto marketplaces to trade Bitcoin. Alternatively, you might prefer to trade Bitcoin over the counter (OTC), which works similarly to peer-to-peer trading using brokers as mediators.
Even though Bitcoin trading systems are not yet formalised yet in Canada, some people have found it very easy to purchase Bitcoin from someone they know. You should only buy Bitcoin in-person from people you trust.
Choosing Platforms To Buy Bitcoin
Trading and exchange platforms are the most common places through which to purchase Bitcoin. If you decide to use this method, then choosing a reliable one is the next fundamental task. You should research how an exchange's mechanism and features work. Aside from comparing Bitcoin prices between different platforms, you should also consider the diverse types of fees that could apply to your transactions.
A Bitcoin exchange with low fees is not always the best optionm as you may have to sacrifice your monetary security and privacy. On the other hand, a more expensive platform might provide you with a more secure and private way to trade Bitcoin. During this research process, it will be helpful for you to search for references and reviews from other users before making any Bitcoin purchases.
Canadian Bitcoin buyers should develop their knowledge and understanding of Bitcoin holdings and tradings. They should manage their digital portfolio properly in order to be successful with this kind of investment. Above all, never share your Bitcoin credentials with other people.
We've collected thousands of datapoints and written a guide to help you find the best Bitcoin Canada for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best Canadian Bitcoin Investment Platforms below.
Reputable Bitcoin Canada Checklist
There are a number of important factors to consider when picking an online Canadian Bitcoin Investment Platforms trading brokerage.
- Check your Canadian Bitcoin Investment Platforms broker has a history of at least 2 years.
- Check your Canadian Bitcoin Investment Platforms broker has a reasonable sized customer support of at least 15.
- Does the Canadian Bitcoin Investment Platforms broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your Canadian Bitcoin Investment Platforms broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your Canadian Bitcoin Investment Platforms broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your Canadian Bitcoin Investment Platforms can hire people from various locations in the world who can better communicate in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Our brokerage comparison table below allows you to compare the below features for brokers offering Canadian Bitcoin Investment Platforms.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below Canadian Bitcoin Investment Platforms.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 Canadian Bitcoin Investment Platforms of 2021 compared
Here are the top Canadian Bitcoin Investment Platforms.
Compare Canadian Bitcoin Investment Platforms min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are Canadian Bitcoin Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Canadian Bitcoin Investment Platforms that accept Canadian Bitcoin Investment Platforms clients
| Broker |
eToro
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XTB
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IC Markets
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AvaTrade
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Pepperstone
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Plus500
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EasyMarkets
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SpreadEx
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Markets.com
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Admiral
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FXPro
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| Rating | |||||||||||
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión 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) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) | 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 | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA) | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) |
| Min Deposit | 200 | No minimum deposit | 200 | 250 | 200 | 100 | 100 | 1 | 250 | 200 | 100 |
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| Used By | 20,000,000+ | 250,000+ | 180,000+ | 200,000+ | 89,000+ | 15,500+ | 142,500+ | 10,000+ | 10,000+ | 10,000+ | 1,866,000+ |
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| Platforms | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps |
| Support |
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| Learn More |
Sign
Up with etoro |
Sign
Up with xtb |
Sign
Up with icmarkets |
Sign
Up with avatrade |
Sign
Up with pepperstone |
Sign
Up with plus500 |
Sign
Up with easymarkets |
Sign
Up with spreadex |
Sign
Up with marketscom |
Sign
Up with admiralmarkets |
Sign
Up with fxpro |
| Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | 77% 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. | Losses can exceed deposits | 72% of retail investor accounts lose money when trading CFDs with this provider | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 | 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | Your capital is at risk | Losses can exceed deposits | 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | 79.83% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
| Demo |
eToro Demo |
XTB Demo |
IC Markets Demo |
AvaTrade Demo |
Pepperstone Demo |
Plus500 Demo |
easyMarkets Demo |
SpreadEx Demo |
Markets.com Demo |
Admiral Markets Demo |
FxPro Demo |
| Excluded Countries | IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, | US, IN, PK, BD, NG , ID, BE, AU | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | BE, BR, KP, NZ, TR, US, CA, SG | BR, KR, IR, IQ, SY, JP, US | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE | US | US, TR | AU, RU, BR, CH, ZA, SG, JP, US, CA, BE, IL, TR, NZ, MY, SY, TH, ID, IR, IQ, HK, PH, PR | US, CA, JP, SG, MY, JM, IR, TR | US, CA, IR |
All Canadian Bitcoin Investment Platforms in more detail
You can compare Canadian Bitcoin Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Canadian Bitcoin Investment Platforms for 2021 article further below. You can see it now by clicking here
We have listed top Canadian Bitcoin Investment Platforms below.
Bitcoin Canada Table of Contents
- Bitcoin Canada Explained
- 6 Factors to Consider when Choosing Bitcoin Canada
- Are Your Bitcoin Canada Trusted And Established?
- Are The Bitcoin Canada World Leading?
- What are the Bitcoin Canada Commissions and Fees?
- What are the Bitcoin Canada Funding and Withdrawl Methods?
- Find Bitcoin Canada with Round-the-clock support?
- Make sure the Bitcoin Canada Offer Comprehensive Trader resources?
- Why Bitcoin Canada needs to be regulated?
- Bitcoin Canada FAQ
- What are the best Canadian Bitcoin Investment Platforms brokers?
- What is the best Canadian Bitcoin Investment Platform broker?
- Related Bitcoin Canada Reviews
- Related Bitcoin Canada Alternatives
- Related Bitcoin Canada Comparisons
Bitcoin Canada Explained
Trading the financial markets with Bitcoin Canada when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Bitcoin Canada is the platform that a Bitcoin Canada offer.
Choose Bitcoin Canada that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Bitcoin Canada that you can rely on.
6 Factors to Consider when Choosing Bitcoin Canada
Follow these five rules for selecting a broker that's right for you:
Are Your Bitcoin Canada Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated Bitcoin Canada broker is eToro. Established in 2007, and in operation for 14 years eToro have a head office in Cyprus, UK.
eToro is regulated. This means eToro are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) regulatory bodies.
Another top rated broker is XTB.
XTB was established 2002, and in operation for 16 years XTB have a head office in Poland.
XTB is regulated. This means XTB are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) regulatory bodies.
| Broker |
eToro
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XTB
|
IC Markets
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AvaTrade
|
Pepperstone
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Plus500
|
| Year Established | 2007 | 2002 | 2007 | 2006 | 2010 | 2008 |
| Head Office | Cyprus, UK | Poland | Australia | The British Virgin Islands | Australia | Israel |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión 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) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) | 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 | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 |
| Used By | 20,000,000+ | 250,000+ | 180,000+ | 200,000+ | 89,000+ | 15,500+ |
| Negative balance protection | Yes | Yes | Yes | No | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No | No | No |
| Learn More | Visit eToro | Visit XTB | Visit IC Markets | Visit AvaTrade | Visit Pepperstone | Visit Plus500 |
| Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | 77% 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. | Losses can exceed deposits | 72% of retail investor accounts lose money when trading CFDs with this provider | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 | 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. |
Are The Bitcoin Canada World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. eToro Segregates clients funds and offers over 2000 instruments. eToro offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, the eToro platform enables access to a variety of financial markets worldwide. eToro is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Bitcoin Canada is XTB . XTB Segregates clients funds and offers over 4000 instruments.
| Broker |
eToro
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XTB
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IC Markets
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AvaTrade
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Pepperstone
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Plus500
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| Instruments Available | 2000 | 4000 | 232 | 1000 | 100 | 2500 |
| Platforms | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
| Excluded Countries | IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | US | BE, BR, KP, NZ, TR, US, CA, SG | BR, KR, IR, IQ, SY, JP,US | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE |
| Forex pairs offered | 50 | 57 | 65 | 80 | 70 | 100 |
| Forex pairs offered | 50 | 57 | 65 | 80 | 70 | 100 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | Yes | Yes | Yes | Yes | Yes |
| Commodities Offered | 31 | 21 | 19 | 16 | 16 | 17 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | Yes | Yes | Yes |
| Agricultural | Yes | Yes | Yes | Yes | No | Yes |
| Stocks Offered | 2042 | 1696 | 110 | 99 | 60 | 1816 |
| UK Shares | Yes | Yes | Yes | Yes | No | Yes |
| US Shares | Yes | Yes | Yes | Yes | No | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | No | Yes |
What are the Bitcoin Canada Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Bitcoin Canada broker eToro offers competitive offers for Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF). eToro minimum deposit is 200.
Another top rated Bitcoin Canada broker XTB offers Forex, CFDs, Cryptocurrency. XTB minimum deposit is 0. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
eToro
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XTB
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IC Markets
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AvaTrade
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Pepperstone
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Plus500
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| Min Deposit | 200 | 0 | 200 | 250 | 200 | 100 |
| Withdrawl Fees | Yes | varies | No | No | No | No |
| Inactivity Fees | Yes | Yes | No | No | Yes | Yes |
| Deposit Fees | No | No | Varies | No | No | No |
| CFD Commission Fees | Yes | Yes | Yes | No | Yes | No |
What are the Bitcoin Canada Funding and Withdrawal Methods?
When dealing with Bitcoin Canada having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
eToro
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XTB
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IC Markets
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AvaTrade
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Pepperstone
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Plus500
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| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | Yes | Yes | Yes | Yes |
| Skrill | Yes | Yes | Yes | No | Yes | Yes |
| Payoneer | No | Yes | No | Yes | Yes | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | No |
Find Bitcoin Canada with Round-the-clock support?
Customer service is very important when dealing with Bitcoin Canada.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
Bitcoin Canada customer support can include Phone answering services, Live chat support and Email customer service support.
eToro support a wide range of languages including English, German, Spanish, French, Italian
XTB support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
eToro and XTB offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
eToro
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XTB
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IC Markets
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AvaTrade
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Pepperstone
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Plus500
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| Support |
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| Languages | English, German, Spanish, French, Italian | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Italian, German, French, Greek, and Hebrew | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese |
| Learn More | Visit eToro | Visit XTB | Visit IC Markets | Visit AvaTrade | Visit Pepperstone | Visit Plus500 |
| Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | 77% 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. | Losses can exceed deposits | 72% of retail investor accounts lose money when trading CFDs with this provider | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 | 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. |
Make sure the Bitcoin Canada Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, eToro and XTB work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why Bitcoin Canada needs to be regulated?
A regulated Bitcoin Canada broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Bitcoin Canada brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
Bitcoin Canada List
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, MacCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Plus500 offer a 100% Free and Unlimited Demo account No Deposit fees/Commissions No hidden fees Competitive fees Tight Spreads
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
