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CIRO

Canadian Investment Regulatory Organization · Canada

Investor compensation

What a Tier 1 regulator means

Major-market regulator with a statutory investor-compensation scheme, strict capital and client-money rules, and an active enforcement record. We use this tier in the regulation part of every Editor Rating. How regulator tiers work.

Where a CIRO licence counts on Coinish

It is the local regulator for Canada: a company licensed by CIRO counts as locally licensed there.

How to check a CIRO licence

  1. Open the CIRO public register and search for the company name or licence number shown in the broker’s website footer.
  2. Check the legal name matches the company named in your account agreement: brokers often run several companies under one brand.
  3. Check the licence is current and covers the service you want (for example dealing in CFDs or holding client money).

Lists where CIRO-licensed companies are ranked

Forex brokers in Canada (6) · CFD brokers in Canada (5) · Stock brokers & investing apps in Canada (5) · Crypto exchanges in Canada (1)

Tracked entities licensed by CIRO

BrokerEntityLicenceServes
CMC MarketsCMC Markets Canada Inc.Not verified yetCanada
Interactive BrokersInteractive Brokers Canada Inc.Not verified yetCanada
AvaTradeFriedberg Mercantile Group Ltd. (Friedberg Direct)Not verified yetCanada
OANDAOANDA (Canada) Corporation ULCNot verified yetCanada
FOREX.comGAIN Capital - FOREX.com Canada LimitedNot verified yetCanada
WebullWebull Securities (Canada) LimitedNot verified yetCanada
WebullWebull Canada Crypto LimitedNot verified yetCanada
moomooMoomoo Financial Canada Inc.Not verified yetCanada
QuestradeQuestrade, Inc.CIRO Investment Dealer (Participant)Canada
WealthsimpleWealthsimple Investments Inc.Not verified yetCanada