canada's regulatory system is currently out-to-lunch
first of all there's no national regulator, it's regulation by province
next, asked this year the provs of ontario and bc to provide a list
of fx brokers and neither could do so !!!!!
fx brokers and futures brokers are 2 different entities tho more
futures brokers are also providing fx trading but via partnerships
with fx brokers such as fxcm and gft who also supply the fx data
into the futures brokers platform or a standalone program
so a usa broker may be registered for ontario but not registered
for bc etc
fxcm are registered for all of canada and have offices in several
countries, think their min margin is $2-300 and believe they now
offer micro accounts
accounts can be opened with usa fx and futures brokers tho some
may not want canadian accounts, as well accounts are accepted
by the many fx brokers registered in other countries
countries such as the uk and cyprus for eg have broker failure
indemnity, usa ? canada's is 'opt in'
there is in some regards greater cooperation between canada
and other countries particularly the usa concerning regulatory
requirements than canada has domestically between provinces
