After some
interesting posts on
MT4 Brokers thread (I would you recommend you read all thread to obtain a clear view)
I started this thread to give information at all interested in Canadian Brokers and the fund protection of the
CIPF.
First of all, the main question is: foreign citizens would be covered?
I wrote to CIPF to obtain the official answer.
However, in a chat with Questrade, they tell me, all customer are covered no matter of citizenship.
Only members of CIPF listed in the official web site are covered by the fund.
I checked one by one all brokers who appears in the list
There are no many Canadian Brokers. I only found 4 retailers and no one ECN. And if you know about someone else, pls post here.
I think with big money you can open an account with some broker bank listed in the CIPF web site or another.
Another thing is and I guess some of them are forwarding the trades to US brokers.
Here you have what I find:
Questrade is using gft and gain platforms.
Tradefreedom is only for Canadians.
E-trade Canada doesnīt offer forex like e-trade UK.
Man Financial (ex-Refco) which platform is FXCM like.
I canīt find any MT4 broker and because of that I opened this thread.