Best Prop Firms In Canada
Prop trading in Canada is growing rapidly, supported by the country’s strong financial ecosystem and professional trading community. Explore this page to compare the best Prop Trading Firms in Canada in 2026, based on Myfxbook user satisfaction with funding options, platform, and trading conditions.
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Name
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Assets
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Account Currencies
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Country
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Promo
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USD
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None
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15% OFF
MYFB15
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EA Allowed
Broker
Bullwaves
Years in Business
2
Support Hours
Bullwaves Prime support is available Monday to Friday from 08:00 to 21:00 (GMT+2/GMT+3 during Daylight Saving Time) via email, phone, or live chat.
Payout Methods
Bank Wire Transfer, USDT
Payment Methods
Crypto, Credit/Debit Card, Bank Transfer
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USD
EUR
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None
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50% OFF
MYFB50
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EA Allowed
Broker
-
Years in Business
2
Support Hours
Sunday–Thursday 09:00–21:00 via WhatsApp and email, with 24/7 support available on Discord.
Payout Methods
Bank Transfer, Riseworks, Crypto
Payment Methods
Bank Transfer, Credit/Debit Card, Rise, Apple Pay, Crypto, Google Pay
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USD
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Yes
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15% OFF
MYFB15
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||||||
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EA Allowed
Broker
-
Years in Business
2
Support Hours
24/7
Payout Methods
Crypto, Bank Transfer, RISE
Payment Methods
Credit/Debit Card, UPI Payment, Crypto, Coinbase, PayPal
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USD
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Yes
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55% OFF
MYFB55
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EA Allowed
Broker
-
Years in Business
4
Support Hours
24/7 Human Support
Payout Methods
Riseworks, Crypto, Bank Transfer
Payment Methods
Credit/Debit Card, Crypto
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USD
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Yes
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10% OFF
MYFB10
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EA Allowed
Broker
-
Years in Business
10
Support Hours
24 hours
Payout Methods
RISE, Bank Transfer, Crypto
Payment Methods
PayPal, Credit/Debit Card
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USD
EUR
CZK
NGN
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Yes
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12% OFF
MYFB12
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EA Allowed
Broker
-
Years in Business
3
Support Hours
24/7
Payout Methods
Crypto, RISE, Bank Transfer
Payment Methods
Bank Transfer, Credit/Debit Card, PayPal, Crypto
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USD
|
None
|
40% OFF
MFB
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||||||
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EA Allowed
Broker
Moneta Markets
Years in Business
3
Support Hours
24/5
Payout Methods
Crypto, Bank Transfer, RISE
Payment Methods
Crypto, Credit/Debit Card
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USD
|
None
|
10% OFF
MYFB10
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||||||
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EA Allowed
Broker
-
Years in Business
4
Support Hours
24/7
Payout Methods
Riseworks, Bank Wire Transfer, Crypto
Payment Methods
Crypto, Credit/Debit Card, PayPal, Google Pay, Apple Pay
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USD
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None
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5% OFF
MYFB5
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||||||
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EA Allowed
Broker
-
Years in Business
5
Support Hours
24/7
Payout Methods
Wire Transfer, RISE
Payment Methods
Crypto, Credit/Debit Card
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USD
|
Yes
|
15% OFF
MYFB15
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||||||
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EA Allowed
Broker
-
Years in Business
0
Support Hours
24/7 live chat, email [email protected]
Payout Methods
Crypto
Payment Methods
Crypto, Credit/Debit Card
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.png)
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USD
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Yes
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15% OFF
MYFB
|
||||||
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EA Allowed
Broker
Taurex
Years in Business
2
Support Hours
24/7
Payout Methods
Bank Wire Transfer, Crypto
Payment Methods
Credit/Debit Card, Google Pay, P24, Revolut, M-Pesa, Gcash, Khipu, Crypto, QR Payment, OVO, Blik, FCMB, OXXO, Multibanco, Pix, Ideal, Picpay, Apple Pay, Boleto, Mobile Money, DANA, Airtel
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USD
EUR
|
Yes
|
5% OFF
MFB
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||||||
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EA Allowed
Broker
-
Years in Business
4
Support Hours
24/7
Payout Methods
Bank Transfer, Riseworks, Crypto
Payment Methods
Apple Pay, Bank Transfer, Neteller, Astropay, Bank Wire Transfer, PayPal, Skrill, Crypto, Paysafe Card, Google Pay
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USD
GBP
EUR
|
None
|
10% OFF
MFB
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||||||
|
EA Allowed
Broker
-
Years in Business
3
Support Hours
24/5
Payout Methods
Crypto, Bank Transfer, RISE
Payment Methods
Credit/Debit Card, PayPal, Bank Transfer, Crypto
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|||||||||
|
USD
|
None
|
15% OFF
MFB
|
||||||
|
EA Allowed
Broker
-
Years in Business
3
Support Hours
24/7
Payout Methods
Bank Wire Transfer, Crypto, RISE
Payment Methods
Crypto, Bank Transfer, Rise
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USD
|
None
|
20% OFF
MFB
|
||||||
|
EA Allowed
Broker
Eightcap
Years in Business
17
Support Hours
24/5
Payout Methods
Riseworks, Crypto, Bank Transfer
Payment Methods
Skrill, PayPal, Crypto, Bank Transfer, Wire Transfer, Neteller, Credit/Debit Card
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Companies We Reviewed
Prop trading continues to expand across Canada, supported by the country’s stable economy, access to global markets, and a growing community of experienced retail traders.
We researched and reviewed 15+ Prop Trading Firms that accept Canadian traders to identify the best options with reliable payouts, transparent rules, and competitive profit-sharing models.
How We Review and Rank Prop Firms
At Myfxbook, our selection process for prop firms is based on user satisfaction, evaluation fairness, funding models, and platform performance. We carefully assess the key factors that matter most to Canadian traders, including:
- Availability of funding for Canadian residents
- Profit-sharing ratios and payout frequency
- Trading platforms (MetaTrader 4, MetaTrader 5, cTrader, MatchTrader, etc.)
- Evaluation rules, consistency targets, and refund policies
- Accessibility of support in English and French
- User satisfaction ratings from the Myfxbook Prop Firm Reviews
Traders can also use Myfxbook tools such as the Economic Calendar, Trading Journal, and Market Sentiment to optimize performance and stay informed.
Our mission is to provide transparent, data-driven comparisons that help you choose the most trusted and rewarding prop firms available in Canada.
Are Prop Firms Legal in Canada?
Yes, prop firms are legal to operate in Canada. Since these companies don’t act as traditional brokers or handle client deposits, they are typically not regulated by IIROC.They function as performance-based funding providers, allowing traders to prove their skills in simulated or live environments before trading with the firm’s capital.
Do Prop Firms in Canada Need to Be Regulated by IIROC?
Not necessarily. Prop firms are not classified as financial intermediaries under IIROC’s jurisdiction because they do not offer direct market access or hold client funds. However, if a prop firm partners with a broker for live execution, that broker should ideally be IIROC-regulated or from a well-recognized jurisdiction for added trust and protection.
Are Prop Firms in Canada Safe to Use?
While most prop firms are not regulated by Canadian authorities, safety depends on transparency, reputation, and payout consistency. Choose firms with positive Myfxbook user reviews, clear rulebooks, and documented payout proofs. Avoid companies that lack refund policies or set unrealistic trading requirements.
Can Canadian Traders Join International Prop Firms?
Absolutely. Most global prop firms accept Canadian traders and allow payouts in CAD, USD, or crypto. Some even host servers in North America for lower latency and better execution speed during North American trading sessions.
Are Prop Firm Earnings Taxable in Canada?
Yes. Income earned from prop trading is taxable under Canadian law. The Canada Revenue Agency (CRA) may classify it as either business income or contract income, depending on trading frequency and the nature of your agreement with the firm. Consult a tax professional to ensure proper reporting and compliance.
