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Bonus availability

Broker bonuses in Canada

44 bonuses we have verified as available to traders in Canada.

Canada runs one of the more restrictive regimes for retail leveraged trading. Forex and CFD dealers serving Canadian residents fall under CIRO, the national self-regulatory body, working within the framework set by the provincial regulators of the CSA, and promotional bonuses for these high-risk products are generally not permitted.

Looking for one kind of offer? Brokerage promotions (TFSA, RRSP, FHSA)

Bonuses available in Canada

1 Sign-up reward
5.0

RBC GoSmart Sign Up Bonus: C$100 When You Deposit C$2,000

RBC Direct Investing logo RBC Direct Investing

C$100 cash

Open your first RBC GoSmart account by November 2, 2026 and contribute at least C$2,000 by February 2, 2027 to get C$100 cash, paid within 7 days of qualifying. GoSmart is currently only for RBC banking clients using the RBC Mobile app.

2 Contest
4.3

Wealthsimple Monthly Millionaire $1M Draw Contest

Wealthsimple logo Wealthsimple

CAD 1,000,000 top prize

A monthly Wealthsimple sweepstakes where chequing deposits, referrals and direct deposit earn draw entries. Prizes change with each edition: the September 2026 edition offered Toronto condos, including a grand-prize condo valued at over $1,000,000, plus small cash prizes. The odds are extremely long.

3 Referral
4.2

BitMart Referral Program: 20% Commission (Up to 30%)

BitMart logo BitMart

Referral commission on invitees' trading fees

BitMart's referral program pays you a permanent commission of 20% (rising to 25% and 30% as you invite more people) on the trading fees of friends you refer for spot and futures trading.

4 Contest
4.2

Trader of the Month Contest ($1,000 Prize)

Tickmill logo Tickmill

$1,000 monthly cash prize

A monthly Tickmill skill contest that awards one live-account trader a $1,000 cash prize they can withdraw immediately.

5 Sign-up reward
4.1

Crypto.com Sign-Up Bonus: CRO Reward for New Users

Crypto.com logo Crypto.com

CRO 25

New Crypto.com users who join with a referral code and trade earn a sign-up reward paid in CRO, realistically about $5 to $15 for a typical user, up to roughly $50.

6 Referral
4.1

Fusion Markets Refer a Friend: $50 Each for a $500 Deposit, up to $250 Each

Fusion Markets logo Fusion Markets

$50 to $250 each

Fusion Markets clients on its Vanuatu (VFSC) or Seychelles (FSA) entity can earn $50 for themselves and $50 for a referred friend when the friend deposits $500 and trades 5 lots, rising to $250 each on a $5,000 deposit. Australian clients of the ASIC entity are not eligible.

7 Deposit match
4.1

M4Markets 50% Credit Bonus

M4Markets logo M4Markets

50% credit bonus on each deposit

M4Markets adds a 50% credit bonus to each deposit on an MT4/MT5 Bonus account, and the credit converts to withdrawable cash as you trade FX or metals.

8 Sign-up reward
3.8

OANDA Welcome Bonus: $250 Cash for a $1,000 Deposit and $1M Traded (US and Canada)

OANDA logo OANDA

$250 to $25,000 cash bonus

New OANDA clients in the US and Canada who register for the offer by October 31, 2026 can earn $250 in cash by depositing $1,000, keeping it for 60 days and trading $1 million in notional volume within 90 days. Larger tiers pay $2,500 and $25,000, but need far bigger deposits and volume.

9 No-deposit
3.7

$500 No-Deposit Bonus

Grand Capital logo Grand Capital

No-deposit trading credit

Grand Capital gives verified new clients a $500 trading credit with no deposit required, but profits are only withdrawable after meeting a steep lot turnover and matching your profit with a real deposit within 7 days.

10 Deposit match
3.7

IronFX 100% Sharing Bonus

IronFX logo IronFX

100% deposit match (non-withdrawable credit)

IronFX credits a 100% Sharing Bonus on your deposit as non-withdrawable trading funds, with no cap on the amount, but profits made on it are split 50/50 with the broker on withdrawal.

11 Deposit match
3.7

IronFX 40% Power Bonus

IronFX logo IronFX

40% deposit credit bonus

IronFX adds a 40% non-withdrawable credit bonus on deposits of US$500 or more, capped at US$4,000 per client, that boosts margin but can never be cashed out.

13 Deposit match
3.6

Admirals Deposit Boost: 100% Deposit Bonus as Trading Credit

Admiral Markets logo Admiral Markets

100% match up to $5,000

Admirals' Deposit Boost matches your deposit 100%, up to $5,000, in trading credit on MT5 accounts. The credit only converts to withdrawable cash at $25 per $1,000,000 of notional volume traded.

14 Deposit match
3.6

20% Iron Bonus on Deposits

IronFX logo IronFX

20% deposit credit

IronFX adds a 20% notional credit on each qualifying deposit, capped at US$2,000, to boost your trading margin, but the credit itself is never withdrawable.

15 No-deposit
3.6

Tickmill $30 Welcome Account (No Deposit Required)

Tickmill logo Tickmill

$30

Tickmill gives new non-EU clients a $30 Raw trading account with no deposit required, and lets them withdraw between $30 and $100 of profit after they fund a live account with $100.

16 Deposit match
3.5

Qtrade Promo Code OFFER2026: 5% Cash Back on New Deposits (C$50 to C$5,000)

Qtrade logo Qtrade

C$50 to C$5,000 cash back

New Qtrade Direct Investing clients who open an account with promo code OFFER2026 by January 5, 2027 get 5% cash back on C$1,000 to C$10,000 of new deposits, then flat amounts from C$550 to C$5,000 on larger ones. The money must stay until February 5, 2028 and is paid around March 5, 2028.

18 No-deposit
3.5

$30 No-Deposit Welcome Bonus

Windsor Brokers logo Windsor Brokers

$30 free trading credit

Windsor Brokers gives new Prime account holders $30 of non-withdrawable trading credit with no deposit, and lets them keep profits once those profits reach $60 after at least 1 closed lot and 20 trades.

19 Deposit match
3.4

FreshForex 15% First Deposit Bonus (Real Withdrawable Funds, $100+)

FreshForex logo FreshForex

15% of first deposit, up to $500 in real funds

FreshForex adds 15% of your first deposit (minimum $100, capped at $500) as real, withdrawable funds, with no trading volume requirement but a rule that deducts the bonus if you pull out more than 30% of the deposit within 60 days.

20 Cashback
3.4

FXOpen Cashback: 15% Commission Refund on ECN Accounts

FXOpen logo FXOpen

15% match up to $1,000

FXOpen refunds 15% of the trading commission on ECN and Crypto accounts during the first 90 days after registration, credited automatically and withdrawable right away.

21 Deposit match
3.4

1% Match on Account Transfers

Wealthsimple logo Wealthsimple

1% match up to CAD 20,000

Wealthsimple pays a 1% cash match on at least $25,000 of investment account transfers, deposited as 24 monthly installments to your chequing account.

23 Sign-up reward
3.3

Phemex Welcome Bonus: Mystery Boxes for a 100 USDT Deposit and First Trade

Phemex logo Phemex

Two random Mystery Boxes (from 10 and 20 USDT)

New Phemex users with Advanced KYC can open a random Mystery Box for a first deposit of at least 100 USDT and another for a first trade of at least 100 USDT. The boxes are listed at 10 to 2,000 and 20 to 3,000 USDT and may hold cash, a BTC airdrop, a trading bonus or fee vouchers, so the low end of those ranges is the realistic expectation.

24 Deposit match
3.2

ForexMart 30% Deposit Bonus

ForexMart logo ForexMart

30% on every deposit

ForexMart adds 30% of every deposit as a tradable bonus credit on ForexMart Classic accounts, withdrawable only after you trade 0.3 lots per bonus dollar.

25 Sign-up reward
3.2

KuCoin Welcome Rewards: about 100 USDT plus coupons for new users

KuCoin logo KuCoin

USDT and coupons for new users

New KuCoin users who verify, deposit, and trade within 30 days collect a randomized welcome package of roughly 100 USDT plus trading-fee coupons and futures trial funds, far below the advertised 11,000 USDT ceiling.

27 Referral
3.2

$25 Referral Bonus

Wealthsimple logo Wealthsimple

CAD 25

Refer a friend to Wealthsimple and you both get $25 CAD once they open a new account and deposit at least $100 within 30 days.

28 Deposit match
3.1

ForexMart 20% Deposit Bonus

ForexMart logo ForexMart

20% of every deposit

ForexMart adds a 20% credit to every qualifying deposit on Classic and Cent MT4 accounts, withdrawable only after you trade a volume equal to the bonus amount times 0.2 standard lots.

29 Deposit match
3.1

20% Deposit Bonus, Tiered by Loyalty Status

Windsor Brokers logo Windsor Brokers

20% on every deposit at the Silver starting tier

Windsor Brokers adds a bonus to every deposit of USD 100 or more once you enable it. New clients start at the Silver tier's 20%, and higher loyalty tiers get 50% or 100%. The bonus is non-withdrawable trading credit.

30 No-deposit
3.0

FreshForex $50 No-Deposit Bonus (Review Required)

FreshForex logo FreshForex

$50 no-deposit credit

FreshForex credits $50 of trading credit to new clients who register, post a review of the company and redeem a promo code, but the bonus lives only 7 days at a time and converts to withdrawable balance at just $2.50 per closed lot.

31 Deposit match
2.9

FreshForex 300% Tradable Deposit Bonus

FreshForex logo FreshForex

300% deposit match

FreshForex credits 300% of each deposit of 100 USD or more as tradable bonus funds (capped at 5,000 USD), which become withdrawable only after closed volume in lots reaches 35% of the bonus amount.

32 No-deposit
2.9

SuperForex $88 No Deposit Bonus

SuperForex logo SuperForex

No deposit bonus (up to $50 withdrawable)

SuperForex credits new, fully verified Standard account holders an $88 no deposit bonus, but you can only withdraw profits (capped at $50) after trading one standard lot per dollar.

33 Deposit match
2.8

SuperForex 50% Welcome Bonus

SuperForex logo SuperForex

50% on every deposit

SuperForex adds 50% of every deposit you make as a tradable bonus credit that boosts your margin, with no lot or time requirement to withdraw your profits.

37 Sign-up reward
2.6

BitMart Welcome Bonus: 13 USDT in Vouchers for New Users

BitMart logo BitMart

13 USDT in vouchers for new users

BitMart's New User Rewards total 13 USDT: a 3 USDT futures voucher for signing up, a 5 USDT spot fee voucher for a first deposit of at least 100 USDT, and a 5 USDT futures trading bonus. None of it is paid as withdrawable cash.

38 Deposit match
2.5

LiteFinance promo code EASYSTART: 30% deposit bonus

LiteFinance logo LiteFinance

30% of your deposit as trading credit

Enter the promo code EASYSTART on a deposit of $50 or more and LiteFinance adds 30% of it as tradable bonus credit, capped at $5,000. Profits are withdrawable, but the bonus itself only turns into cash after 50 trades and a lot volume tied to the bonus size.

39 Deposit match
2.4

Grand Capital 40% Deposit Bonus

Grand Capital logo Grand Capital

40% on every deposit

Grand Capital adds 40% to every qualifying deposit of $100 or more as tradable bonus credit, up to a $20,000 lifetime cap across all your accounts.

40 Deposit match
2.3

InstaForex welcome bonus: 30% on every deposit

InstaForex logo InstaForex

30% on every deposit, no cap

InstaForex adds a 30% bonus to every deposit with no upper limit. Trading profits are withdrawable, but the bonus itself needs X*3 InstaForex lots of turnover, where one InstaForex lot is a tenth of a standard lot.

41 Referral
2.3

Kraken Referral Program - Up to $20 per referral

Kraken logo Kraken

USDG 20

Refer a new friend to the Kraken app and you both earn up to $20 USDG once they deposit fiat and make qualifying non-stablecoin trades within 15 days, with a cap of $200 USDG per referrer.

43 Free VPS
Perk

Free VPS Service for Forex Trading

FP Markets logo FP Markets

Free VPS

FP Markets covers the monthly cost of a low-latency forex VPS once you deposit at least 1,000 USD and keep trading enough lots each month, so your Expert Advisors run 24/5 without a hosting bill.

44 Interest on balance
Perk

Loyalty Rewards Program with up to 2% interest on net equity

Windsor Brokers logo Windsor Brokers

0.4% to 2% annual interest in loyalty points

Windsor Brokers pays a tiered annual yield of 0.4% to 2% on your net equity as loyalty points, but only after you reach Gold status or higher and activate the feature.

83 more offers we track are not available to residents here.

In practice that means Canadian traders rarely see the deposit-match and no-deposit offers common in looser markets. This page explains how the rules work, why bonuses are restricted, and where non-CFD offers can still apply.

Which bonuses you can claim

Canadian residents trading forex or CFDs with a CIRO-regulated dealer should not expect deposit bonuses, no-deposit credit, cashback or rebate-style promotions. Promotional incentives for high-risk leveraged products are generally not permitted under the Canadian framework, which treats such inducements as encouraging unsuitable risk-taking. Securities regulation in Canada is also province by province, so the rules apply through both CIRO oversight and provincial authorities.

There is little room within the leveraged-trading space for cash-style incentives. Where a dealer offers anything, it tends to be educational resources, research or fee structures rather than a bonus credited to your balance. If you see a large balance-boosting bonus aimed at Canadians, that is a strong signal the offer is coming from outside the regulated domestic framework.

The restriction targets leveraged forex and CFDs. It does not stop a registered investment dealer or stock-trading app from running a promotion such as commission-free trades or a referral reward on a securities account, and it does not directly govern crypto-platform sign-up offers made outside the leveraged-derivatives framework. Where this page shows such offers for Canada, they sit outside the forex and CFD inducement restriction.

Who regulates trading in Canada

  • Canadian Investment Regulatory Organization (CIRO) ciro.ca ↗

    Canada's national self-regulatory organization for investment dealers, formed in 2023 from the merger of IIROC and the MFDA. It oversees firms offering leveraged products such as forex and CFDs and restricts promotional inducements for these high-risk products.

  • Canadian Securities Administrators (CSA) securities-administrators.ca ↗

    The umbrella body of Canada's provincial and territorial securities regulators. It sets the overarching framework under which CIRO operates and under which leveraged retail trading is supervised across the country.

Trading in Canada

Local currency: CAD

Canadian retail activity leans toward stocks, ETFs and registered accounts more than high-leverage CFDs, with the Canadian dollar as the standard account currency and securities oversight split across provinces. The cautious stance on leveraged products reflects a regulatory culture that prioritises suitability and investor protection over aggressive promotion.

Be careful with offshore brokers marketing forex and CFD bonuses to Canadians. Many are not registered to deal with Canadian residents, and provincial regulators regularly publish investor warnings and add firms to caution lists. A headline bonus from an unregistered offshore broker offers little protection if a withdrawal or dispute goes wrong, so confirm CIRO membership and provincial registration before depositing.

Frequently asked questions

Are forex and CFD bonuses allowed in Canada?
Generally no. Promotional incentives such as deposit bonuses and rebates for high-risk leveraged products are not permitted under the framework overseen by CIRO and the CSA.
Who regulates forex brokers in Canada?
CIRO, the Canadian Investment Regulatory Organization, oversees dealers offering leveraged products, operating within the framework set by the CSA and provincial securities regulators.
Why are bonuses restricted on leveraged products in Canada?
Canadian regulation prioritises suitability and investor protection. Cash inducements are seen as encouraging unsuitable risk-taking on already high-risk leveraged products, so they are generally not allowed.
Can I use an offshore broker offering a bonus?
Be cautious. Many offshore brokers are not registered to serve Canadian residents, and provincial regulators publish warning lists. Confirm CIRO membership and provincial registration before you deposit.

Keep exploring

Sources

Researched by the BrokerBonuses editorial team. Last reviewed 2026-06-07. · How we research