Top Iiroc Brokers for 2020

We found 8 online brokers that are appropriate for Trading Iiroc.

Best Iiroc Brokers Guide

IIROC Brokers

The IIROC are important in the Canadian financial market and the global investor community holds good faith and trust with their regulation.

The Canadian financial environment is healthy and transparent with the efforts of the Investment Industry Regulatory Organization of Canada, or the so-called IIROC, which is responsible to oversee activities of the IIROC brokers and regulate all the activities in the market.

It regulates firms that deal in financial products like equity and debt.

IIROC Formation

The IIROC was founded in 2008 with the amalgamation of the Investment Dealers Association of Canada and the Market Regulation Services Inc. It is a self-regulated agency but the Canadian Securities Administrators define its mandate.

IIROC Responsibilities

IIROC establishes the required legal framework with respect to enforcing investment advisory firms to operate in Canada such as the creation of the laws and simultaneously enforcing and amending those too in the securities industry.

The framework is focused mainly to build up confidence among the investors and promote integrity in the financial markets of the country. It ensures a fair and competitive environment for the stakeholders including IIROC brokers. It also protects investors rights.

IIROC Regulation and Protection

IIROC is said to have a good surveillance system and is one of the best regulatory bodies that are capable of monitoring real-time trading activities. The system is such designed that alerts are received immediately when a predefined rule is not being followed by the financial entities including the IIROC brokers. This helps in minimizing the risk of investors getting exposed to any wrongdoing.

IIROC enjoys the power to launch an investigation against any fraudulent activity in the market either by the financial firms or the IIROC brokers. The investigation finding is forwarded to a hearing panel for legal actions including hefty fines.

The IIROC can also appoint a monitor in some cases to oversee the activities of a company and determine whether the rules are being followed.

The IIROC reserves all the rights to issue membership to the companies based on their documents and other aspects to satisfy that they are able to serve clients effectively.

IIROC Brokers Guidelines

All the IIROC brokers are subject to strict rules to operate in the Canadian financial markets. They should not violate the public interests and conduct a fair as well as transparent business in the country. The guidelines also ask directors and employees of IIROC brokers to follow the rules strictly.

If the IIROC brokers fail to abide by the rules, the agency has the power to slap fines or revoke membership either permanently or temporarily.

IIROC Brokers Verdict

Canada follows strict rules with respect to the protection of the interests of investors. All the firms and IIROC brokers need to abide by the regulations set by the IIROC to make the financial environment of the company healthy and transparent as well.

The IIROC has one of the best real-time monitoring systems and this makes fraudulent activities a very rare occurrence.

We've collected thousands of datapoints and written a guide to help you find the best Iiroc Brokers 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 iiroc brokers below. You can go straight to the broker list here.

Reputable Iiroc Brokers Checklist

There are a number of important factors to consider when picking an online Iiroc 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 Iiroc Brokers.

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

Top 15 Iiroc Brokers of 2020 compared

Here are the top Iiroc Brokers.

Compare Iiroc Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are iiroc brokers. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more iiroc brokers that accept iiroc clients

Broker Plus500 XM HY Markets AvaTrade Forex.com Oanda Alpari FBS Inc
Rating
Regulation 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 International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) 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 Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI) Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA) Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) Financial Services Authority (FSA) Saint Vincent and the Grenadines Unregulated
Min Deposit 100 5 100 250 100 1 1 1
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
Used By 15,500+ 70,000+ 10,000+ 200,000+ 150,000+ 10,000+ 10,000+ 10,000+
Benefits
  • 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
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • 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
Accounts
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Zero spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread 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
Platforms Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, Tablet & Mobile apps MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps MT4, OANDA Desktop, OANDA Web, OANDA Mobile MT4, MT5, Web Trader, Binary, Tablet & Mobile apps MT4, MT5, 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
Learn More Sign Up with
plus500
Sign Up with
xm
Sign Up with
hycm
Sign Up with
avatrade
Sign Up with
forexcom
Sign Up with
oanda
Sign Up with
alpari
Sign Up with
fbsinc
Risk Warning 76.4% 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 79% of retail investor accounts lose money when trading CFDs with this provider 73% of retail investor accounts lose money when trading CFDs with this provider Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits
Demo Plus500
Demo
XM
Demo
HYCM
Demo
AvaTrade
Demo
Forex.com
Demo
Oanda
Demo
Alpari
Demo
FBS Inc
Demo
Excluded Countries BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE US, CA, IL, KR, IR, MM, CU, SD, SY US BE, BR, KP, NZ, TR, US, CA, SG BE US, FR, IR, CU, KP, DZ, SY US US

All Iiroc brokers in more detail

You can compare Iiroc Brokers 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 Iiroc Brokers for 2020 article further below. You can see it now by clicking here

We have listed top Iiroc brokers below.

Iiroc Brokers List

Plus500
(4/5)
Min deposit : 100
Plus500 was established in 2008 and is used by over 15500+ traders. 76.4% 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 0 Commissions 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
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 70000+ 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 Investment Commission (ASIC)
HY Markets
(4/5)
Min deposit : 100
HYCM was established in 1977 and is used by over 10000+ traders. Losses can exceed deposits HYCM offers Forex, CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, 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 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
AvaTrade
(4/5)
Min deposit : 250
AvaTrade was established in 2006 and is used by over 200000+ traders. 79% 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

MT4, Mac, Mirror Trader, ZuluTrade, 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 Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI)
Forex.com
(4/5)
Min deposit : 100
Forex.com was established in 1999 and is used by over 150000+ traders. 73% of retail investor accounts lose money when trading CFDs with this provider Forex.com offers Forex, Indices, Commodities, Equities, Cryptocurrencies

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and 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), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA)
Oanda
(3/5)
Min deposit : 1
Oanda was established in 1996 and is used by over 10000+ traders. Losses can exceed deposits Oanda offers Forex, CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, OANDA Desktop, OANDA Web, OANDA Mobile

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 Investment Commission (ASIC)
Alpari
(3/5)
Min deposit : 1
Alpari was established in 1998 and is used by over 10000+ traders. Losses can exceed deposits Alpari offers Forex

Funding methods

Bank transfer Credit Card Paypal

Platforms

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Services Authority (FSA) Saint Vincent and the Grenadines
FBS Inc
(3/5)
Min deposit : 1
FBS Inc was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits FBS Inc offers Forex

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account