Which broker is better for Canada traders in 2026? Expert analysis across 12 categories.
For Canada traders seeking a reliable forex and CFD broker, Capital.com (rated 3.8/5) and EasyMarkets (rated 3.4/5) are two popular options regulated by the Investment Industry Regulatory Organization of Canada (IIROC). Both support CAD accounts and local payment methods like Interac, Bank Transfer, and Credit Card, making them accessible to retail traders across the country. Capital.com is known for its low variable spreads, advanced trading platforms, and a vast range of instruments, while EasyMarkets offers fixed spreads, a simplified interface, and innovative tools like deal cancellation. This comparison will help you decide which better fits your trading needs in Canada, considering regulatory safeguards, cost efficiency, and local payment convenience.
| Instrument | Capital.com | EasyMarkets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | EasyMarkets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | EasyMarkets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | EasyMarkets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | EasyMarkets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $20 | $25 | Capital.com |
For Canada traders focused on cost, Capital.com typically offers lower variable spreads on major forex pairs like USD/CAD, often starting at 0.0 pips plus a commission of $3.5 per lot. This structure benefits high-volume traders who can reduce per-trade costs. In contrast, EasyMarkets uses fixed spreads—e.g., 1.2 pips on EUR/USD and 1.8 pips on USD/CAD—eliminating spread variability but resulting in higher average costs. For a Canada trader executing 50 trades per month on USD/CAD, Capital.com's variable spreads can save between $100-$200 monthly compared to EasyMarkets. However, if you prefer predictable costs and trade less frequently, EasyMarkets' fixed spreads may be more suitable.
| Account Type | Capital.com | EasyMarkets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✗ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $20 | $25 |
| Entity / Asset | Capital.com | EasyMarkets |
|---|---|---|
| Canada (offshore) | Up to 1:200 | Up to 1:2000 |
| Forex major pairs | 1:200 | 1:2000 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | Capital.com | EasyMarkets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Capital.com |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Capital.com |
| Crypto CFDs | 30+ | 20+ | Capital.com |
| Stocks / Share CFDs | 1,000+ | ✗ | EasyMarkets |
| ETFs | ✓ | ✗ | Tie |
| Platform | Capital.com | EasyMarkets |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✗ |
| MetaTrader 5 (MT5) | ✗ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Capital.com offers a proprietary web and mobile platform with intuitive design plus MetaTrader 4 for desktop traders, catering to Canada traders who need advanced charting tools and algorithmic trading. EasyMarkets provides its own web trader and mobile app, along with MT4 support, focusing on user-friendliness with features like deal cancellation and free guaranteed stop-loss orders. For Canada traders, platform reliability and speed are critical—Capital.com's platforms are known for fast execution and deep liquidity, while EasyMarkets' platforms are praised for simplicity and risk management tools. Beginners may prefer EasyMarkets' clean interface, while experienced traders will appreciate Capital.com's analytics.
| Factor | Capital.com | EasyMarkets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | EasyMarkets |
| Avg execution speed | ~30ms | ~40ms | Capital.com |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✗ | ✗ | Tie |
Capital.com uses no-dealing-desk (NDD) execution with straight-through processing, resulting in fast order fills and minimal slippage for Canada traders. EasyMarkets operates as a market maker with fixed spreads, but they offer no requotes and guarantee execution at the displayed price. For high-frequency or news-based trading in Canada, Capital.com's NDD model provides lower latency and better price transparency. EasyMarkets is better suited for traders who prioritize execution certainty over speed, especially during volatile market events.
| Safety Factor | Capital.com | EasyMarkets |
|---|---|---|
| Primary regulator | FCA | CySEC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both Capital.com and EasyMarkets are regulated by IIROC, Canada's primary securities regulator, ensuring client funds are held in segregated accounts and traders benefit from negative balance protection. IIROC imposes strict leverage limits (30:1 for major forex pairs) and requires brokers to disclose risks clearly. This means Canada traders using either broker enjoy a high level of regulatory oversight and recourse. Capital.com also holds licenses from the FCA and CySEC, while EasyMarkets is regulated by ASIC and CySEC, providing additional jurisdictional protection. For Canada retail traders, IIROC regulation is the key safeguard, and both brokers fully comply.
| Payment Method | Capital.com | EasyMarkets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✗ | ✓ |
| Neteller | ✗ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | 24 hours | Cards 1-2 business days; e-wallets instant-1 business day; bank wire 3-10 business days; overall back-office processing within 1 business day (24h) |
Canada traders can fund both Capital.com and EasyMarkets using Bank Transfer, Interac, or Credit Card in CAD, with no deposit fees from either broker. Interac is the fastest method—Capital.com processes Interac deposits instantly up to CAD 10,000 per transaction, while EasyMarkets also offers instant Interac but may take 1-2 business days for first-time users. Credit card deposits are accepted at both brokers (Visa, Mastercard), though Capital.com does not charge processing fees for cards, while EasyMarkets may pass on a small fee. Bank transfers are free but take 2-4 business days. Withdrawals are processed to the original funding method: Interac withdrawals take 1-2 business days at both, and credit card withdrawals typically return within 2-5 days. No internal withdrawal fees apply, but bank transfers may incur intermediary charges.
| Islamic Account Feature | Capital.com | EasyMarkets |
|---|---|---|
| Swap-free available | ✗ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both Capital.com and EasyMarkets offer Islamic (swap-free) accounts for Canada Muslim traders who require Sharia-compliant trading. These accounts eliminate overnight interest swaps on positions held past market close. EasyMarkets explicitly advertises Islamic accounts on its website with no additional conditions. Capital.com provides them upon request and confirms they are available for Canada residents. There are no extra fees for maintaining a swap-free account at either broker, and they support standard leverage limits and trading instruments. Canada traders should verify with customer support that their account type is set to Islamic to avoid accidental interest accrual.
| Support Feature | Capital.com | EasyMarkets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Capital.com |
Capital.com offers 24/7 live chat, phone, and email support in English and French, making it convenient for Canada traders in Quebec and other provinces. Response times are typically under 1 minute for live chat. EasyMarkets provides 24/5 phone and live chat support (limited to weekdays), also in English and French. While both are reliable, Capital.com's round-the-clock availability gives it an edge for traders who operate outside regular Eastern Time business hours.
| Mobile Feature | Capital.com | EasyMarkets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | Capital.com |
| Google Play rating | 4.3 stars | 4.2 stars | Capital.com |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | Capital.com | EasyMarkets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Capital.com |
Choose Capital.com if you...
Choose EasyMarkets if you...
For Canada traders, both Capital.com and EasyMarkets are solid choices regulated by IIROC, but the right one depends on your priorities. Capital.com (3.8/5) excels with lower spreads, advanced platforms, and round-the-clock support, making it ideal for active, cost-conscious traders. EasyMarkets (3.4/5) wins with its fixed spreads, beginner-friendly tools, and guaranteed stop-losses. Local payment methods like Interac, Bank Transfer, and Credit Card work seamlessly at both, and CAD accounts are standard. If you trade frequently and want to minimize costs, Capital.com is the better option. If you value simplicity and predictable expenses, EasyMarkets is a great choice. Either way, IIROC regulation ensures your funds are secure.