Which broker is better for Canada traders in 2026? Expert analysis across 12 categories.
When comparing EasyMarkets vs Exness for Canada traders in 2025, the decision often comes down to regulation, cost, and trading preferences. EasyMarkets is registered with IIROC in Canada, making it a fully compliant choice for retail traders who prioritize local oversight. Exness, on the other hand, boasts a higher overall rating (4.8 vs 3.4) and is known for ultra-low spreads and high volume capacity. For Canadian traders dealing in CAD, both brokers accept local payment methods such as Bank Transfer, Interac, and Credit Card. However, Exness offers a broader range of account types and tighter spreads, while EasyMarkets provides fixed spreads and a simpler experience. This comparison will examine each broker's suitability for regulated retail traders in Canada, covering spreads, platforms, deposits, and support specific to the Canadian market.
| Instrument | EasyMarkets | Exness | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Exness |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Exness |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Exness |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Exness |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $100 | Exness |
For Canada traders, trading costs are a major factor. EasyMarkets uses fixed spreads, which average 1.2 pips on EUR/USD and slightly higher on CAD pairs. Exness offers variable spreads on its standard account (from 0.3 pips) and raw spread accounts from 0.0 pips plus a small commission. For active traders in Canada, especially those trading volume in majors like USD/CAD, Exness provides significantly lower costs. However, EasyMarkets' fixed spreads can be beneficial during volatile news events when variable spreads may widen. Overall, Exness has a clear edge on cost, particularly for high-volume Canadian traders.
| Account Type | EasyMarkets | Exness |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $25 | $100 |
| Entity / Asset | EasyMarkets | Exness |
|---|---|---|
| Canada (offshore) | Up to 1:2000 | Up to 1:2000 |
| Forex major pairs | 1:2000 | 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 | EasyMarkets | Exness | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | EasyMarkets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | EasyMarkets |
| Crypto CFDs | 30+ | 20+ | EasyMarkets |
| Stocks / Share CFDs | ✗ | ✗ | Exness |
| ETFs | ✗ | ✗ | Tie |
| Platform | EasyMarkets | Exness |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are widely used by Canadian traders. EasyMarkets also provides its own proprietary web platform and mobile app, which are designed for simplicity and include risk management tools like dealCancellation. Exness offers cTrader in addition to MT4/MT5, giving Canadian traders more choice in execution style. For Canada traders who need advanced charting and automation, Exness's MT5 and cTrader are superior. EasyMarkets' proprietary platform is better for beginners who want an all-in-one solution with fixed spreads.
| Factor | EasyMarkets | Exness | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Exness |
| Avg execution speed | ~30ms | ~40ms | EasyMarkets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✗ | ✓ | Tie |
Exness is known for fast execution speeds with no requotes, especially on its raw spread accounts using ECN technology. EasyMarkets uses a market maker model with fixed spreads, which can be slower during high volatility. For Canadian traders who trade scalping or high-frequency strategies, Exness offers superior execution. EasyMarkets is better for those who prefer guaranteed stop-loss orders and protection from slippage on smaller trades.
| Safety Factor | EasyMarkets | Exness |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is crucial for Canadian traders. EasyMarkets is registered with the Investment Industry Regulatory Organization of Canada (IIROC), providing strong local oversight and investor protection. Exness is not directly regulated by IIROC; it operates under other top-tier regulators like FCA and CySEC. For Canadian traders who prioritize local regulation and CIPF coverage, EasyMarkets is the safer choice. However, Exness has a good international reputation and offers negative balance protection. Regulated retail traders in Canada must ensure they understand the custody of funds; EasyMarkets offers segregated accounts under IIROC, while Exness uses similar measures but under foreign jurisdictions.
| Payment Method | EasyMarkets | Exness |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✓ |
| Withdrawal time | 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) | crypto takes 30–60 minutes, and bank cards or wires take 1 to 5 business days |
Canadian traders can fund their accounts using Bank Transfer, Interac, and Credit Card at both brokers. With EasyMarkets, deposits via Interac are processed instantly with no fees, and withdrawals are free. Exness also supports Interac e-Transfer for Canadian clients; deposits are instant and withdrawals are usually processed within 24 hours. Bank transfers may take 1-3 business days at both brokers. Credit card deposits are accepted but may have small fees from the card issuer. Overall, both brokers offer efficient local payment options, but EasyMarkets has a slight edge in fee transparency for Canadian bank transfers and Interac. Exness offers a higher daily withdrawal limit for verified accounts, beneficial for active traders.
| Islamic Account Feature | EasyMarkets | Exness |
|---|---|---|
| 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 EasyMarkets and Exness provide Islamic (swap-free) accounts for Canadian Muslim traders who require no interest or swap charges. EasyMarkets offers Islamic accounts on request with no additional fees. Exness automatically converts eligible accounts to swap-free for clients from predominantly Muslim countries, including Canada. The accounts function the same as standard accounts but without overnight rollover fees. Canadian traders should verify with each broker's support team to confirm eligibility and any conditions. Exness's swap-free accounts are available on all account types, while EasyMarkets offers them on fixed spread accounts.
| Support Feature | EasyMarkets | Exness | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✓ | Exness |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
Both brokers offer 24/5 customer support in English, with multilingual options. EasyMarkets provides live chat, email, and phone support. Exness offers 24/7 live chat and a comprehensive FAQ section. For Canada traders, EasyMarkets has local office hours in Toronto, which can be beneficial for phone support. Exness relies on global teams but responds quickly. Overall, Exness's 24/7 chat is more convenient for traders in different time zones within Canada.
| Mobile Feature | EasyMarkets | Exness | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | EasyMarkets |
| Google Play rating | 4.3 stars | 4.2 stars | EasyMarkets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | EasyMarkets | Exness | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | EasyMarkets |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose Exness if you...
For Canada traders in 2025, Exness is the stronger choice overall due to its higher rating, tighter spreads, and better execution, making it ideal for active and cost-conscious traders. However, EasyMarkets remains a solid option for those who prioritize IIROC regulation, fixed spreads, and a user-friendly platform. Both brokers support local payments like Bank Transfer, Interac, and Credit Card in CAD. Ultimately, if local regulatory peace of mind is your top concern, go with EasyMarkets. If performance and lower costs matter more, Exness is the clear winner.