Best Prop Firms In Canada

Prop trading is gaining popularity across Canada in 2025 as more traders seek opportunities to trade professionally without risking personal capital.
This page highlights the top-rated Prop Trading Firms in Canada, based on Myfxbook user reviews on funding models, platform, and payout reliability.

Name
Asset Types
Account Currencies
Country
Coupon Code
The5ers logo The5ers
3
Crypto
Forex
Indices
Commodities
Metal
None
-
EA Allowed
Broker
-
Years in Business
9
Support Hours
Sunday to Thursday: 07:00 – 15:00 GMT​,Friday: 07:00 – 12:00 GMT
Payout Methods
Bank Transfer
Payment Methods
PayPal, Bank Transfer, Credit/Debit Card
FundedX logo FundedX
1
Crypto
Forex
Indices
Commodities
None
10% OFF
MYFB10
EA Allowed
Broker
-
Years in Business
1
Support Hours
Availability may vary
Payout Methods
Crypto, Bank Transfer
Payment Methods
Crypto, Credit/Debit Card
Funded Trading Plus logo Funded Trading Plus
2
Read Full Review
Crypto
Forex
Indices
Energy
Metal
None
10% OFF
MYFB10
EA Allowed
Broker
-
Years in Business
4
Support Hours
24 hours a day
Payout Methods
Bank Transfer, Crypto
Payment Methods
Crypto, Credit/Debit Card
Hola Prime logo Hola Prime
11
Read Full Review
Crypto
Forex
Futures
Indices
Commodities
Yes
-
EA Allowed
Broker
-
Years in Business
1
Support Hours
24/7
Payout Methods
Riseworks, Crypto, Bank Wire Transfer
Payment Methods
Crypto, Wire Transfer, PayPal, Credit/Debit Card
SabioTrade logo SabioTrade
7
Crypto
Forex
Stocks
Indices
Commodities
None
-
EA Allowed
Broker
-
Years in Business
2
Support Hours
24/7
Payout Methods
Crypto, Bank Transfer
Payment Methods
Crypto, Bank Transfer, Credit/Debit Card
VFTradings logo VFTradings
3
Read Full Review
Stocks
Indices
Commodities
ETFs
None
30% OFF
MYFB30
EA Allowed
Broker
-
Years in Business
1
Support Hours
24/7
Payout Methods
Credit/Debit Card, e-Wallets
Payment Methods
Crypto, Credit/Debit Card, e-Wallets
DNA Funded logo DNA Funded
1
Read Full Review
Crypto
Forex
Stocks
Indices
Commodities
None
25% OFF
MFB25
EA Allowed
Broker
DNA Markets
Years in Business
1
Support Hours
24/7
Payout Methods
Bank Wire Transfer, Crypto
Payment Methods
Credit/Debit Card, Crypto
FundedNext logo FundedNext
7
Read Full Review
Crypto
Forex
Indices
Commodities
Energy
Metal
None
-
EA Allowed
Broker
-
Years in Business
3
Support Hours
24/7
Payout Methods
Riseworks, Crypto, Perfect Money
Payment Methods
Crypto, Astropay, Credit/Debit Card, PayPal, Google Pay, Apple Pay, Perfect Money
FundedPrime logo FundedPrime
0
Read Full Review
Crypto
Forex
Stocks
Indices
Commodities
Energy
Metal
ETFs
None
15% OFF
MYFB15
EA Allowed
Broker
Eightcap
Years in Business
2
Support Hours
FundedPrime provides customer support Monday to Friday during Australian Eastern Standard Time (AEST) business hours.
Payout Methods
Bank Transfer, PayPal, Crypto
Payment Methods
Bank Transfer, Crypto, Credit/Debit Card, PayPal
Trade The Pool logo Trade The Pool
3
Stocks
ETFs
None
-
EA Allowed
Broker
-
Years in Business
3
Support Hours
24/7
Payout Methods
Riseworks, Crypto, Bank Wire Transfer
Payment Methods
Credit/Debit Card, Crypto, PayPal, Apple Pay, Google Pay
RebelsFunding logo RebelsFunding
7
Read Full Review
Crypto
Forex
Stocks
Indices
Energy
Metal
Yes
16% OFF
MYFB16
EA Allowed
Broker
-
Years in Business
2
Support Hours
24/7
Payout Methods
Venmo, Bank Transfer, Crypto, Wise, PayPal
Payment Methods
Credit/Debit Card, Bank Transfer, Crypto, Wise, PayPal
OneFunded logo OneFunded
5
Read Full Review
Crypto
Forex
Stocks
Indices
Commodities
Metal
Yes
15% OFF
MYFB15
EA Allowed
Broker
-
Years in Business
1
Support Hours
24/7
Payout Methods
Crypto, Bank Transfer
Payment Methods
Credit/Debit Card, Crypto, Coinbase, PayPal
FundingPips logo FundingPips
17
Read Full Review
Crypto
Forex
Indices
Commodities
Energy
Yes
5% OFF
MYFB5
EA Allowed
Broker
-
Years in Business
3
Support Hours
24/7
Payout Methods
Riseworks, Crypto, Bank Transfer
Payment Methods
Google Pay, Bank Transfer, Paysafe Card, Astropay, PayPal, Crypto, Neteller, Apple Pay, Bank Wire Transfer, Skrill
FundedFirm logo FundedFirm
16
Crypto
Forex
Indices
Commodities
Energy
Metal
Yes
-
EA Allowed
Broker
-
Years in Business
1
Support Hours
24/7
Payout Methods
USDT, Crypto, Bank Transfer
Payment Methods
USDT, Crypto, Bank Transfer
FundedFast logo FundedFast
5
Read Full Review
Crypto
Forex
Stocks
Indices
Commodities
Energy
Metal
Yes
10% OFF
MYFB10
EA Allowed
Broker
-
Years in Business
1
Support Hours
24/5
Payout Methods
Bank Transfer, PayPal, Crypto
Payment Methods
PayPal, Crypto, Bank Transfer, Pix, USDT, Credit/Debit Card, Tether

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.