Canada National Debt for 2021

We found 11 online brokers that are appropriate for Trading Canadian Investment Platforms.

Canada National Debt Guide

Updated October 13, 2021

Canada National Debt

Canada's national debt, also known as their 'official debt', is an estimate of the total national debt of Canada. For every cent of the debt Canada owes, it is likely that somewhere within that enormous amount of money (a percentage of GDP) is hidden surplus cash. For the past few years, the government has been forced to run a budget deficit as a result of rising interest rates and rising population. For this reason, it is likely that somewhere along the line, some portion of Canada's national debt has been mis-estimated.

At the current time of writing, Canada's national debt is approximately double what it was in 2021 when the government introduced its first balanced budget. This indicates that, although the initial budget deficit helped to reduce the size of Canada's debt, the subsequent mis-estimation of their surplus cash created the need for more drastic cuts. Since the introduction of the current government, Canadians have been forced to contend with a more aggressive stance on taxes and spending as the government has attempted to balance the books by reducing expenses, raising revenue through stricter tax policies, and cutting government programmes that are considered inefficient and/or costly to deliver. Although Canadians may be feeling constricted by their national debt levels, they have also been forced to increase their borrowing ability to secure needed funds to finance the programmes and projects that run on the government's timetable.

Although the current government has implemented several measures to stimulate the economy and improve competitiveness, Canadians continue to look for greater assurance regarding the sustainability of the existing level of Canadian national debt. Some analysts suggest that the lack of structural change to the current system of governmental finance may mean that the introduction of a national debt programme will not necessarily result in sustainable change to the current level of debt. On the other hand, the government has shown a willingness to implement policies that will reduce the size of Canada's debt and increase productivity and employment. The combination of these and other measures may result in a stabilisation of Canada's public debt to GDP ratio over the medium to long term.

Canada’s National Debt & Interest Over Time

The Canadian National Debt and Interest Over Time graph were created by a unique amalgamation of historical data and current interest rates. As of July 2021, the average Canadian household net worth fell to an all-time low of just above bankruptcy. With this, many wonder how they will ever be able to get back on their feet again. Many Canadians are concerned about the state of their country and want to take action, yet many of them are afraid to do so due to lack of knowledge and information.

The best action that a person can take right now is to consolidate their debt. Not only does this give them one monthly payment, it also reduces the total amount of interest that they pay over time. This is a good method to implement because at the end of the month, you will be able to calculate your total debt against your income. With this in hand, you will be able to see where you can save and where you need to make sacrifices.

Canada's national debt and interest rate crisis are not going to be solved overnight, but it can definitely be tackled over the longer term. Many have opted for credit cards to pay for everyday expenses. This can be a big mistake as those purchases add up to create a mountain of debt that cannot be repaid. Before you know it, the clock is running out on your finances and you are facing bankruptcy. The best thing to do right now is to consult a debt counsellor to discuss your options. They will be able to recommend a debt consolidation plan that is right for you.

How Is Provincial Debt Raised In Canada?

If you are asking yourself how is provincial debt raised in Canada, you are not alone. Every year Canadians go to their provincial tax office with the express intent of calculating how much they owe to their provincial government. One issue is that there are two separate systems for calculating and paying your provincial taxes. One system involves allotting money out based on your income while another system involves allotting money out based on how much you spend.

So, you may be asking yourself at this point, 'how is provincial debt raised in Canada?'. The answer is complicated but there are several factors that need to be considered when deciding how you will pay your taxes. First of all, the tax system in Canada works under a system of proportional representation. This means that if you have a higher income than someone else in your province, you will typically receive more money to help pay your taxes. However, as everyone's income varies, so does their average income and so does the amount of money that they actually pay out.

This variety of system type means that how provincial debt is raised in Canada depends on where you live. In most provinces the calculation of taxes and the amount of debt that needs to be repaid works on a tax return form that has two sections. The first section is the Federal taxation amount and the second section details the type of income tax payable by non-residents in that particular province. In order for one provincial government to raise funds it has to calculate the amount of debt that its citizens owe from both sources and then allocate those funds to various programmes. Every province still calculates the amount of debt that its residents owe to the federal government in the same way and this is how funds are raised.

Does Canada Have Any Non-Public Debt?

Is Canada any different than the United States when it comes to debt? You may be unaware that the national debt of Canada is actually considered by many to be much less than the national debt of the United States. This is because Canada has a very different kind of government than the United States. The first difference is that Canada does not have a single national government like the US does.

In order to receive government grants in Canada, you need to apply for them. If you are unable to do so you will not receive the funding that you are seeking. Canada's government grants are very specific and require various requirements before they can be awarded. One of the most important requirements needed for receiving a grant is that you must not already be in debt. In other words, if you own any kind of credit card or have outstanding loans to pay you must declare these before applying for a grant.

Who Manages Canada's National Debt?

The government is one potential manager of national debt. The United States government is responsible for managing most of the debt owed by American citizens through various agencies within the federal government, such as the Department of Defense, the Department of Veterans Affairs, Department of Housing and Urban Development, and the Federal Reserve.

These agencies have various job responsibilities; some are involved with fiscal policy or budgeting, and others deal with the daily management of national debt. It is obvious that the federal government is an extremely important component of government when it comes to managing debt. That being said, most experts agree that it is a rather faceless entity at the moment.

In contrast, there are certain organisations that are capable of conducting monetary activities on a day-to-day basis. For instance, the government has a cabinet; cabinet departments have various departments which are responsible for managing money on behalf of the government. Some examples of cabinet departments include the Office of the Secretary of the Treasury, the Office of the Comptroller of the Currency, the Office of the General Counsel of the Corporation, and the Office of Public Banks.

Treasury Bills For Short-Term Finance

As indicated by the name, Treasury bills for short-term finance are bills issued by the federal government. They are interest-free (or low interest) and are required to be paid back within a specific period of time. Short-term bills are different from long-term bills in that they have a limited amount of time to run out before they are due for repayment. In fact, it is usually only one month by which all bills have to be paid back, and they are all paid off at the end of the same month. This means that one can keep receiving money that is meant to be paid back, and that you do not need to make any more payments in months to come.

However, if your circumstances are such that you need to pay back debt over a longer period of time, then you should look at other options. One of the easiest ways to deal with short-term debts is to offer a payment plan to your creditors. These deals involve the government paying off your debt for you over a specified period of time, usually in increments. You can set yourself up for further financial security by paying your monthly instalments regularly rather than all at once. You should use a debt expert to help you with your plan, and they will look at your budget, your debt and its impact on your credit rating, and help create the best plan for you.

Government Bonds For Long-Term Finance

The most basic function of government bonds is to finance the government's budget. These provide a steadier financing source as compared to most private creditors because they offer a fixed rate of interest. This also helps investors to diversify their investment portfolio while minimising the risk they take. Government bonds for long-term finance are offered by most central banks.

Mortgage long-term bonds are secured loans. This type of long-term finance is primarily used by corporations and other big institutions such as colleges, hospitals, businesses, and others that require an asset to guarantee their long-term borrowing capacity. Corporate bonds are normally backed by the issuance of senior securities, such as corporate stock. It is a complicated financial product that bears high rates of interest. In order to access its benefits, companies may have to resort to debt management strategies.

The government bond market is a very large financial market. There are several players in this market and its interest rates are determined by economic variables and demand for the product. If you wish to buy a particular security then you may consult any professional financial advisor. They will help you choose the best government bond for long-term finance according to your needs and preferences.

Savings Bonds For The Retail Market

Savings bonds for use on the retail market is a method that has been in existence for a long time. This helps Canadians keep their money secure. The fact that Canadian dollars are stronger than U.S. dollars makes it much easier to secure your money when you are travelling outside of the country. When you are not at home, there are things you can do to make sure that you do not lose all of the money that you have put into CDs. One of those options is to take out a savings bond.

You should understand how bonds work before you decide whether or not you want to invest in them. A bond carries a certain amount of risk. It is not always the safest option, but it will typically offer a higher interest rate than other types of investments. A bond's attractiveness comes from the fact that it offers a low risk to a lender. Because the risk is limited, the interest rate is higher, making this type of investment more attractive.

Saving bonds for retail markets are easy to find. Money markets and other such establishments are often the best places to go to buy them. If you do decide to invest in them, you will be able to choose from a variety of bonds. There is likely one available that will suit you, although some bonds carry a greater risk than others. Be sure to do your research and speak with experts to help you find the right one for your situation.

We've collected thousands of datapoints and written a guide to help you find the best Canada National Debt 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 Investment Platforms below.

Reputable Canada National Debt Checklist

There are a number of important factors to consider when picking an online Canadian Investment Platforms trading brokerage.

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 Investment Platforms.

We compare these features to make it easier for you to make a more informed choice.

Top 15 Canadian Investment Platforms of 2021 compared

Here are the top Canadian Investment Platforms.

Compare Canadian Investment Platforms min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are Canadian Investment Platforms. Learn more about what they offer below.

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Broker eToro XTB IC Markets AvaTrade Roboforex Pepperstone XM FP Markets Plus500 FXPrimus EasyMarkets
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), 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 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) Cyprus Securities and Exchange Commission (CySEC) 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 International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) 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), Markets In Financial Instruments Directive (MiFID) Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
Min Deposit 50 No minimum deposit 200 250 1 200 5 100 100 100 100
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 20,000,000+ 250,000+ 180,000+ 200,000+ 10,000+ 89,000+ 3,500,000+ 10,000+ 15,500+ 10,000+ 142,500+
Benefits
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Standard account
  • Islamic account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Zero spread account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
Spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
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, Web Trader, cTrader, Tablet & Mobile apps MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, Web Trader, Tablet & Mobile apps
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
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etoro
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xtb
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icmarkets
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avatrade
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roboforex
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pepperstone
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xm
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fpmarkets
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plus500
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fxprimus
Sign Up with
easymarkets
Risk Warning 67% of retail investor accounts lose money when trading CFDs with this provider. 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 72% of retail investor accounts lose money when trading CFDs with this provider Losses can exceed deposits 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 Your capital is at risk Losses can exceed deposits 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. Losses can exceed deposits Your capital is at risk
Demo eToro
Demo
XTB
Demo
IC Markets
Demo
AvaTrade
Demo
Roboforex
Demo
Pepperstone
Demo
XM
Demo
FP Markets
Demo
Plus500
Demo
FXPrimus
Demo
easyMarkets
Demo
Excluded Countries ID, 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 US, JP BR, KR, IR, IQ, SY, JP, US US, CA, IL, KR, IR, MM, CU, SD, SY US, JP, NZ MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. US

eToro Risk Disclosure

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. 67% 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.

Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.

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.


All Canadian Investment Platforms in more detail

You can compare Canadian 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 Investment Platforms for 2021 article further below. You can see it now by clicking here

We have listed top Canadian Investment Platforms below.

Canada National Debt List

eToro
(4/5)
Min deposit : 50
Visit eToro Try a Demo Read review

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. 67% 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.

Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.

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.

eToro was established in 2007 and is used by over 20000000+ traders. 67% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF). Cryptocurrency availability with eToro is subject to regulation. Buying and selling real cryptocurrency assets may not be available in your country through eToro. Please check the latest information made available on their website.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 250000+ traders. 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. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by 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), 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
IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 180000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
AvaTrade
(4/5)
Min deposit : 250
AvaTrade was established in 2006 and is used by over 200000+ traders. 72% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, CFDs, Spread Betting, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by 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)
Roboforex
(4/5)
Min deposit : 1
Roboforex was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
Pepperstone
(4/5)
Min deposit : 200
Pepperstone was established in 2010 and is used by over 89000+ traders. 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 Pepperstone offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
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
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 3500000+ traders. Your capital is at risk XM offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 10000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
Plus500
(4/5)
Min deposit : 100
Plus500 was established in 2008 and is used by over 15500+ traders. 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. Plus500 offers CFDs.


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 Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by 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
FXPrimus
(4/5)
Min deposit : 100
FXPrimus was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits FXPrimus offers Forex, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID)
EasyMarkets
(4/5)
Min deposit : 100
easyMarkets was established in 2001 and is used by over 142500+ traders. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto. Cryptocurrency availability with easyMarkets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)

Learn more Learn more about eToro.
67% of retail investor accounts lose money when trading CFDs with this provider.