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As of January 2017, there is no specific legislation concerning binary options trading in Canada, unlike U.S who are under laws by the Commodity Futures Trading Commission, CFTC.
Happy are Canadian citizens who want to trade online because it is one of those states with no licensed binary options broker. In spite of the absence of rules governing online broker companies, online trading is legal.
The Investment Industry Regulatory Organization of Canada (IIROC) is responsible for supervising securities and trading markets nationwide but not online trading companies.
Canadians should invest time and funds in a trusted and credible broker to avoid scams and fraudulent schemes.
Binary options trading in Canada.
In the process of our fact-finding, we discovered that Canada is lucky enough to evade some unconventional and extreme rules concerning online trading.
Therefore, Canadians can comfortably trade on the platform of their choice. In Canada, the only differences between online brokerage firms are deposits, withdrawals, bonuses and legitimacy of operations.
Here is a range of well-founded online brokerage firms with positive reviews, flexible banking options, accessibility, trading tools and reliable support.
HighLow is a well-liked online broker that is regulated by ASIC and offers 100% bonuses for a minimum deposit of $50
Automated binary is a self-activating trading platform with a variety of options and indicators to use.
Anyoption is a global broker with almost 200 assets and free monthly withdrawal.
24Option is one of the most esteemed binary brokers today with a minimum deposit requirement of $250.
OptionRobot is a new 100% automated broker that provides proficient signal service and a flexible support team in all languages.
Ox Markets is an online company regulated by the CySEC with top levels of accountability.
IQOption has secured a top spot in the industry for its reliability, amazing mobile app and its favourable minimum deposit requirement of $10.
Optek prides itself with its 100% bonuses, fast withdrawals and its availability all across the globe except for U.S
Finpari stands out as a stable, online trading company that offer 250% 'welcome' bonuses and high returns on investment.
Binary mate is a broker firm known for innovative features and strict safe-trading policies under UK regulations.
Trading in a country with no rules controlling online trading may be risky. To avoid getting scammed, invest in companies regulated by the CySEC and ASIC.