Top Iiroc Brokers for 2024

We found 9 online brokers that are appropriate for Trading Iiroc.

Best Iiroc Brokers Guide

Analysis by Andrew Blumer, Updated Last updated - March 17, 2024

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 have conducted extensive research and analysis on over multiple data points on Iiroc Brokers to present you with a comprehensive guide that can help you find the most suitable Iiroc Brokers. Below we shortlist what we think are the best iiroc brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Iiroc Brokers.

Reputable Iiroc Brokers Checklist

Selecting a reliable and reputable online Iiroc 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 Iiroc more confidently.

Selecting the right online Iiroc 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.

Compare Key Features of Iiroc Brokers in Our Brokerage Comparison Table

When choosing a broker for iiroc trading, it's essential to compare the different options available to you. Our iiroc 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 iiroc broker that best suits your needs and preferences for iiroc. Our iiroc broker comparison table simplifies the process, allowing you to make a more informed decision.

Top 15 Iiroc Brokers of 2024 compared

Here are the top Iiroc Brokers.

Compare iiroc brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a iiroc broker, it's crucial to compare several factors to choose the right one for your iiroc needs. Our comparison tool allows you to compare the essential features 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 XM AvaTrade Plus500 Forex.com Oanda ovalx HY Markets Alpari FBS Inc
Rating
Regulation Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) 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 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, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039) FSA, Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) DFSA Financial Conduct Authority (FCA), The Australian Securities and Investments Commission (ASIC), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA), Commodities Futures Trading Commission (CFTC), The Monetary Authority of Singapore (MAS), Financial Services Agency (FSA), The Securities and Futures Commission (SFC), Cyprus Securities & Exchange Commission (CySEC) Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) Financial Conduct Authority (FCA) 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 Financial Services Authority (FSA) Saint Vincent and the Grenadines Unregulated
Min Deposit 5 100 100 100 1 100 100 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
  • Bank transfer
  • Credit Card
  • Paypal
Used By 10,000,000+ 300,000+ 24,000,000+ 200,000+ 10,000+ 10,000+ 10,000+ 10,000+ 10,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Low min deposit
  • Guaranteed stop loss
  • Advanced Risk Management Tools
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • 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
  • Micro account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • Islamic account
Platforms MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 Web Trader, Tablet & Mobile apps MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps MT4, OANDA Desktop, OANDA Web, OANDA Mobile MT4, Mac, Mirror Trader, Binary, Tablet & Mobile apps MT4, Tablet & Mobile apps 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
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
xm
Sign Up with
avatrade
Sign Up with
plus500
Sign Up with
forexcom
Sign Up with
oanda
Sign Up with
ovalx
Sign Up with
hycm
Sign Up with
alpari
Sign Up with
fbsinc
Risk Warning CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% 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. 71% of retail investor accounts lose money when trading CFDs with this provider 82% 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. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% 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 Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits
Demo XM
Demo
AvaTrade
Demo
Plus500
Demo
Forex.com
Demo
Oanda
Demo
Ovalx
Demo
HYCM
Demo
Alpari
Demo
FBS Inc
Demo
Excluded Countries US, CA, IL, IR BE, BR, KP, NZ, TR, US, CA, SG MY, BE, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO BE US, FR, IR, CU, KP, DZ, SY US, BE, CA , SG, BE US 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 2024 article further below. You can see it now by clicking here

We have listed top Iiroc brokers below.

Iiroc Brokers List

XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 10000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% 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. XM offers Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs, Energies 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 ECN account
Islamic account XM Swap-Free account (XM Ultra Low Account) VIP account
Regulated by Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
AvaTrade
(4/5)
Min deposit : 100
AvaTrade was established in 2006 and is used by over 300000+ traders. 71% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading . Cryptocurrency availability with AvaTrade is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by 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
Plus500
(4/5)
Min deposit : 100
Plus500 was established in 2008 and is used by over 24000000+ traders. 82% 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, CFD Shares, CFD Indices, CFD Forex, CFD Commodities, CFD ETFs, CFD Options, CFD Futures, Real shares via Plus500Invest .


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 ECN 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, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039) FSA, Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) DFSA
Forex.com
(3/5)
Min deposit : 100
Forex.com was established in 1999 and is used by over 200000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% 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. Forex.com offers Forex, Indices, Commodities, Equities, Cryptocurrencies. Cryptocurrency availability with Forex.com is subject to regulation.

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 ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), The Australian Securities and Investments Commission (ASIC), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA), Commodities Futures Trading Commission (CFTC), The Monetary Authority of Singapore (MAS), Financial Services Agency (FSA), The Securities and Futures Commission (SFC), Cyprus Securities & Exchange Commission (CySEC)
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 ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC)
ovalx
(3/5)
Min deposit : 100
Ovalx was established in 2002 and is used by over 10000+ traders. Losses can exceed deposits Ovalx offers Forex, CFDs, Spread Betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
HY Markets
(3/5)
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 ECN 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
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 ECN 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 ECN account
Islamic account VIP account

Learn more Learn more about XM.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% 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.
TRADE NOW Try XM today
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% 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.