Forex.com Canada Expands Product Range & Cuts Commissions

Forex.com has bolstered its offering for Canadian traders, with 3000+ instruments and access to the popular MetaTrader 5 platform. Competitive pricing is also available through the new RAW spread account while users can trade stocks with zero commissions until 31 May.

New Assets

More than 3000 instruments are available at Forex.com Canada. This includes 80+ forex pairs, 10+ hard and soft commodities, and 15+ major indices like the UK 100 and Germany 40.

Thousands of CFDs on stocks are also available, allowing traders to go long or short on big names like Amazon, Apple, and Barclays.

Forex.com is offering commission-free trading on shares until the end of May.

Raw Pricing

The new RAW spread account offers ultra-tight spreads from 0.0 pips on major currency pairs, alongside a $7 commission per $100k.

The Active Trader program also offers cashback for high-volume traders. Clients can cut trading fees by up to 15% and receive reimbursements on wire transfer charges.

Users will automatically qualify for the Active Trader scheme when they deposit $10,000 or trade $50M in a calendar month.

Advanced Platforms

The latest trading software from MetaTrader is now available to Canadian traders.

CFDs on stocks, indices, and commodities are available on the MetaTrader 5 platform, as well as currencies.

MT5 offers faster trading with its 64-bit, multi-threaded terminal, an upgrade on MT4’s 32-bit platform.

MetaTrader 5 is also home to a wider range of analysis tools, including 15 custom indicators like Pivot Points.

In addition, clients deploying automated trading strategies get complimentary Expert Advisors (EAs) from FX Blue.

About Forex.com

Forex.com is owned by StoneX, a NASDAQ-listed company. The global brokerage has more than half a million clients and a string of industry awards.

Forex.com is regulated by the Investment Industry Regulatory Organization of Canada (IIROC). The firm is also a member of the Canadian Investor Protection Fund.

Forex.com is an established broker with a good reputation and strong regulatory oversight. Its latest upgrades in terms of fees, market access, and tools will help solidify its standing with Canadian traders.

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Review

Founded in 1999, FOREX.com is now part of StoneX, a financial services organization serving over one million customers worldwide. Regulated in the US, UK, EU, Australia and beyond, the broker offers thousands of markets, not just forex, and provides excellent pricing on cutting-edge platforms.