Québec, Canada - Cant find a forex broker
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Thread: Québec, Canada - Cant find a forex broker

  1. #1
    Hi everyone,

    This morning I get a message in my broker at fxpro who stated that quebec client can no longer have an account due to some new canadian regulation. My account have been close and I'm seeking for a new broker.

    Can there be someone from quebec who can point me out a Foreign Exchange broker that take quebec resident?

    Thanks!

  2. #2
    Interactive Brokers, Questrade and Oanda I know for sure, I think Dukascopy and Fxcm .

  3. #3

  4. #4
    I am from Montreal, Quebec. I really do business with Dukascopy and Dukascopy Europe. Pepperstone, AvaTrade and Questrade.
    Check them out.

  5. #5
    Quote Originally Posted by ;
    I am from Montreal, Quebec. I do business with Dukascopy and Dukascopy Europe. Pepperstone, AvaTrade and Questrade. Check them out.


    Sai Ram

  6. #6
    Thank you for all the answer I'll check it out ! Cheers

  7. #7
    Quote Originally Posted by ;
    I am from Montreal, Quebec. I do business with Dukascopy and Dukascopy Europe. Pepperstone, AvaTrade and Questrade. Check them out.
    DON'T EVERY trade with Questrade for Forex!!! THE casino broker in Canada! Market maker that don't hedge. Basically it is likely to be you against them. You won't make money.

    Questrade is all right in case you daytrade stocks with them but NOT FX.

    If you reside in Quebec, all the brokers except those that refuse outright to take Canadian customers should be available to you.

    Good luck!

  8. #8
    Quote Originally Posted by ;
    Hi everyone, I get a message from my broker at fxpro who stated that quebec client can't have an account due to a new canadian regulation. My account have been shut and I'm seeking for a new broker. Is there someone from quebec who can point me out a Foreign Exchange broker who accept quebec resident? Thanks!
    There is NO new canadian regulations. They probably became aware of their draconian regulations from some other provinces like Alberta and British Columbia and believe they apply to Quebec also supposing Canada, like US has monetary regulations at federal level without knowing that in Canada monetary regulations is at provincial level (which is dumb) so every province differs or else they simply don't want to deal with Quebecers anymore since Quebecers are too smart for these.

    Anyhow not worth it to deal with fxpro! Another market maker that market. Fantastic ride!

  9. #9
    Quote Originally Posted by ;
    quote There isn't any new canadian regulations. They probably became conscious of their draconian regulations from a few other countries such as Alberta and British Columbia and believe they employ to Quebec as well assuming Canada, such as US has fiscal regulations at federal level without knowing that in Canada monetary regulations is in provincial level (which is dumb) so each state differs or else they simply don't want to take care of Quebecers anymore since Quebecers are too smart for them. Anyhow not worthwhile to bargain with...
    Pfft.

  10. #10
    Quote Originally Posted by ;
    Assess Pepperstone Sai Ram
    Quote Originally Posted by ;
    I am from Montreal, Quebec. I do business with Dukascopy and Dukascopy Europe. Pepperstone, Questrade and AvaTrade. Check out them.
    ' Pepperstone is Unable to accept appliions from applicants from the following countries: United States of America, Japan, Burma, Canada, C?te d'Ivoire, Democratic People's Republic of North Korea, Democratic Republic of the Congo, Eritrea, Former Federal Republic of Yugoslavia, Iran, Iraq, Lebanon, Liberia, Libya, Somalia, Sudan, Syria, and Zimbabwe. '

    That's from the PS new account page - you guys may have signed up before but doesn't look as though they are taking new Canadian customers.
    I know is still taking Canadian customers.

    Surprised financial markets have been controlled at provincial level in Canada - that's really strange.

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