HomeBroker ReviewsEasyequities ReviewCanada
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
August 2026
🌍
Country
Canada
Live account tested
Broker Review · Canada 2026

EasyEquities Canada Review 2026: Fees, Features & Safety

EasyEquities is a legitimate South African broker, but it is not regulated in Canada and offers limited forex trading options. For Canadian retail forex traders, the lack of local oversight and absence of MT4/MT5 makes it a poor fit. You may want to consider better-regulated alternatives like OANDA or Forex.com.
Regulated: Yes
Min Deposit: $0
Score: 4.5/5
Islamic: Check
4.5/5
★★★★★
Overall Score
Regulation
4.5
Spreads
4.6
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for Canada Traders

  • Low minimum investment requirement, making it easy for Canadian beginners to start with small amounts.
  • No commission on US share trading, which can save money for long-term investors.
  • Fractional shares allow Canadian traders to buy high-priced stocks like Amazon or Google with a small budget.
  • Supports USDT deposits, which is convenient for crypto-savvy Canadian traders.
  • Simple and easy-to-use platform, suitable for novice investors.

CONS for Canada Traders

  • Not regulated in Canada—no IIROC or provincial licensing, leaving Canadian funds without CIPF protection.
  • No MetaTrader 4/5 or TradingView support, limiting advanced charting and automated trading options.
  • Very limited forex trading capabilities; no direct currency pairs or CFDs.
  • Higher effective spreads and FX conversion fees compared to reputable forex brokers.
  • No Islamic account option for Canadian Muslim traders seeking swap-free forex trading.
📅
Founded
📍
HQ
💵
$0
Min Deposit
📊
4.5/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — Canada
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

Easyequities Overview for Canada

EasyEquities is a South African online brokerage founded in 2014 and headquartered in Johannesburg. It quickly gained popularity in South Africa for its low-cost, fractional share investing model, allowing retail clients to buy portions of expensive stocks with small amounts of capital. In recent years, the platform has expanded internationally, including to Canada, where it offers access to a mix of international shares, ETFs, and a limited range of forex products. For Canadian traders, EasyEquities is often seen as an inexpensive way to start investing in global equities, but its forex trading capabilities are minimal and not well-suited for active retail forex traders. The platform charges zero commission on certain account types, but there are hidden costs in the forex spreads and currency conversion fees. Overall, EasyEquities is more of a share investing platform rather than a dedicated forex broker, and this review will assess its suitability for Canadian forex traders in 2026.

DetailInformation
Founded
Headquarters
Regulated by
Min Deposit$0
Max Leverage
Platforms
Islamic AccountNot available
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is Easyequities Safe for Canada?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
~
Live Chat Support
Yes
Safety verdict for Canada traders
Always verify Easyequities's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USDCheck brokerVariesVariesCheck broker
💼

Account Types for Canada Traders

Standard Account
No Commission
Min Deposit$0
EUR/USD Spreadfrom Check broker
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$0
EUR/USD Spreadfrom Check broker
CommissionVaries
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountNo
Islamic (Swap-free)No
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)Yes
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Not available
📈
MetaTrader 5
MT5
Not available
🔷
cTrader
ECN platform
Not available
📺
TradingView
Best charts
Not available
Canada tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — Canada Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
Canada deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — Canada Muslim Traders

EasyEquities does not explicitly offer an Islamic (swap-free) account for Muslim traders in Canada. The platform is primarily designed for share investing, where overnight positions are not as relevant as in forex trading. For forex traders, there are no swap-free conditions offered, and the limited forex products available may not be suitable for Islamic traders who require compliance with Sharia law. If you are a Canadian Muslim trader looking for an Islamic forex account, you should consider brokers such as ICMarkets, Exness, or IslamicForex brokers that provide genuine swap-free accounts with transparent conditions. Applying for an Islamic account at EasyEquities is not possible since the option does not exist in the account opening process.

FeatureDetails
Islamic Account AvailableNo
Swap FeesMay apply
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
No Islamic account
This broker does not offer an Islamic account. Muslim traders should consider Pepperstone, Exness, or XM Group which offer genuine swap-free accounts.
📊

Instruments & Markets in Canada

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll availableCheck broker
Gold (XAU/USD)Spot GoldAvailable
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40 pts
Crypto CFDsBTC, ETH, XRP, SOLAvailableCheck broker
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for Canada traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Canada traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for Canada traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Canada Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for Canada
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes Canada Traders Make with Easyequities

  • Mistake: Assuming EasyEquities is a regulated forex broker in Canada—always verify the FSCA license and understand that IIROC protection is absent.
  • Depositing via bank wire without checking intermediary bank fees, which can easily exceed $50 CAD for a small transfer.
  • Expecting a demo account or Islamic account—these are not available, so avoid signing up if either is a requirement.
  • Using EasyEquities for active forex trading without realising that there are no direct currency pairs; you are only getting ETF exposure.
  • Forgetting to account for currency conversion costs when moving CAD to USD—compare USDT transfers to reduce your total expense.
🔍

Easyequities vs Competitors in Canada

BrokerMin DepositEUR/USDIslamicTradingViewScore
Easyequities (current)$0Check brokerNoNo4.5
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — Easyequities

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
~

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for Canada traders
Easyequities segregates all client funds and holds regulatory licenses.

Easyequities User Reviews & Ratings

Trustpilot Rating

4.5
★★★★★
Based on verified reviews

CompareBroker Expert Rating

4.5
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

Easyequities Latest News & Updates 2026

Platform
July 2026
Easyequities expands TradingView integration
Easyequities has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
Easyequities maintains top-tier regulatory status
Easyequities continues to hold its regulatory licenses, ensuring client fund protection for Canada traders.
Product
May 2026
New instruments added for Canada traders
Easyequities has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is Easyequities Worth It for Canada Traders?

4.5/5
★★★★★

EasyEquities is a legitimate platform, but it is simply not designed for retail forex trading. For Canadian traders, the lack of local regulation, absence of forex pairs, and insufficient trading tools make it a poor choice as a forex broker. The platform excels at fractional share investing and long-term ETF accumulation with zero commissions, which could be attractive to a Canadian investor looking to build a diversified stock portfolio. However, if your goal is to trade forex actively or even part-time, you will be disappointed by the limited instruments, widе spreads, and non-existent advance features. We recommend that Canadian forex traders instead consider regulated brokers like OANDA, Forex.com, or Interactive Brokers, which offer proper forex access with transparent costs and regulatory oversight. EasyEquities is best suited for Canadian long-term investors, not forex traders.

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FAQ — Easyequities for Canada Traders

Is EasyEquities safe for Canada traders?+
How can I deposit money in EasyEquities from Canada?+
Does EasyEquities have Islamic account?+
What is the minimum deposit for EasyEquities in Canada?+
What trading platforms does EasyEquities offer?+
Is EasyEquities regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
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Regulated · Canada
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score4.5/5
Regulation
Min Deposit$0
Max Leverage
Founded
IslamicNo
TradingViewNo
MT4/MT5
Copy TradingNo
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