We found 11 online brokers that are appropriate for Trading Canada Investment Platforms.
For Canada, the past year was a tough one. Well, not just Canada but every country in the world experienced an economic & health crisis. With the arrival of spring, optimism is also returning once again with hopes that pandemic will not wreck as much havoc as it did in the last few years.
Authorities have increased the speed of vaccination campaigns in Canada, which will ultimately result in the lifting of restrictions and relaxed social distancing rules. Unlike other countries, the Canadian economy proved to be more strong as it weathered one of its worst economic years. Looking ahead, there are many important developments that point towards a strong rebound.
Global growth is also pointing towards a strong trend with China's going ahead at full speed. One of the top economies of the world 'USA', is also expected to register strong growth due to the recent stimulus package from President Joe Biden's administration. Strong growth in the USA will not just help the USA economy - It also means strong demand for Canadian goods. The year 2023 is pointing towards an increase in the exports sector of Canada. However, a decline in the business-focused investment since the last few years may limit the expected growth from renewed global demand.
Even if the growth is capped by lack of investment, strong growth is still expected nonetheless. Some of the sectors which stand to gain the most from an increase in exports are the goods & services sector.
Canada's central bank is also playing its role to get the country out of recession. Recently, the central bank assured everyone that interest rates will stay low. On one hand, low rates will fuel economic growth and will also make debts more affordable (i.e. customers will have to pay low-interest rates on debt).
One good thing that came out of the pandemic was savings. Canadian public managed to save around $211 billion in 2020. That's more savings than the combined total of the last 7 years. This increase in savings will also bolster the economy as well as the households.
As mentioned earlier, a steady decline in business investments can drag down the growth this year. Even before the pandemic, companies, and organizations of Canada were not pouring enough investments into development. One major sector which is seeing a lack of investment is the energy sector. With Canada's commitment to move towards green energy, new investments in traditional energy sources have dried up. This can result in a capped economic growth in 2023 and beyond.
The latest survey from Statistics Canada also shows that a bearish trend in business investment will continue throughout the year. There is a slight chance that we may see an increase in the investments, partially driven by strong growth worldwide. But we will have to wait and see it ourselves before believing in this scenario.
While we expect a decline in business investments, strong growth is forecasted in the public sector. When the pandemic first started, the Canadian government opened the doors of its treasury for the public sector. The government offered support to the businesses and households - Paying a portion of wages to the employees on behalf of the businesses. This helped both the households as well as businesses.
Once recovery picks pace, we may see the support shift towards other parts of the public sector. According to various sources, the Canadian government may spend around $70 to $100 billion in infrastructure. So a growth boom is highly expected in the public sector during 2023 and 2024.
The latest data from shows that the unemployment rate stands at 8.2%. However, when we compare it with previous data, we can a positive trend in the job market. As a result, we are expecting new jobs to be generated in 2023 and 2024.
There are still around 215,000 unemployed Canadians which makes the labor market conditions worse than the 2008 financial crisis.
Given how the pandemic affected the jobs market, it may take few years to reach the pre-pandemic levels.
Strong public sector, increased savings and fiscal stimulus tells us a positive story for the Canadian economy. Keeping all these factors in mind, an expansion of 6.2% in Canada's GDP is expected in 2023. This will make the GDP growth, one of the strongest since the 1970s.
In 2023, experts also forecast a continuation of accelerated growth in Canadian's economy. Real GDP may grow by 4% in 2023, making it yet another strong economic year for the country.
While all the indicators point towards a recovering economy, Canada still faces a host of problems. The most notable risk factors are the high unemployment rate, declining business investments, and possible mutation of COVID-19.
Caution is still needed in regards to COVID-19. The virus has the potential to affect the GDP forecast either way.
We have conducted extensive research and analysis on over multiple data points on Canada Economic Forecast to present you with a comprehensive guide that can help you find the most suitable Canada Economic Forecast. Below is a list of what we consider to be the best Canada Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Canada Economic Forecast.
Selecting a reliable and reputable online Canada Investment Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Canada Investment Platforms more confidently.
Selecting the right online Canada Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Canada Investment Platforms trading, it's essential to compare the different options available to you. Our Canada Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Canada Investment Platforms broker that best suits your needs and preferences for Canada Investment Platforms. Our Canada Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Canada Investment Platforms.
Compare Canada Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Canada Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Canada Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Canada Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Canada Investment Platforms that accept Canada Investment Platforms clients.
Broker |
IC Markets
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XTB
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Pepperstone
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AvaTrade
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XM
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Roboforex
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eToro
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Trading212
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FP Markets
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EasyMarkets
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SpreadEx
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Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | 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 | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) Etoro (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) |
Min Deposit | 200 | No minimum deposit | 200 | 100 | 5 | 10 | 50 | 1 | 100 | 100 | 1 |
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Used By | 180,000+ | 581,000+ | 400,000+ | 300,000+ | 3,500,000+ | 1,000,000+ | 30,000,000+ | 15,000,000+ | 10,000+ | 142,500+ | 10,000+ |
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Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
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Learn More |
Sign
Up with icmarkets |
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Up with xtb |
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Up with pepperstone |
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Up with avatrade |
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Up with xm |
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Up with roboforex |
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Up with etoro |
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Up with trading212 |
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Up with fpmarkets |
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Up with easymarkets |
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Up with spreadex |
Risk Warning | Losses can exceed deposits | 81% 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. | 74-89 % of retail investor accounts lose money when trading CFDs | 71% 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. 77.74% 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 | 77% 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. 76% 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 | Your capital is at risk | Losses can exceed deposits |
Demo |
IC Markets Demo |
XTB Demo |
Pepperstone Demo |
AvaTrade Demo |
XM Demo |
Roboforex Demo |
eToro Demo |
Trading 212 Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
Excluded Countries | US, IR, CA, NZ, JP | US, IN, PK, BD, NG , ID, BE, AU | AF, AS, AQ, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VG, EH, YE, ZW | BE, BR, KP, NZ, TR, US, CA, SG | US, CA, IL, KR, IR, MM, CU, SD, SY | US, CA, JP, AU, BQ, BR, CW, TL, ID, IR, LR, MP, RU, BQ, PF, TR, GW, FM, MP, SJ, SS | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, 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, PT, BB, BM, BS, AG, AI, AW, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, UA, JO, KR, | US, CA | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR |
You can compare Canada 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 Canada Investment Platforms for 2023 article further below. You can see it now by clicking here
We have listed top Canada Investment Platforms below.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 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.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.