Best Energy Trading Platforms Canada 2023

Canadian energy trading involves the buying and selling of various types of Canadian energy commodities including WTI Crude Oil, brent crude, natural gas, and Uranium. These commodities can be traded in the OTC market, futures market, or in forward contracts from Canada. These Canadian energy commodities can also be traded in the stock market through different types of energy related companies that are tradable from Canada, such as ETF's. Canadian energy stocks are typically renewable or non-renewable and are traded in the stock market. These securities are traded in a way that matches the current market prices and the supply and demand of various kinds of Canadian and international energy derivatives.

Canadian traders can invest in energy trading companies from Canada through global stock markets, popular ETF's, and in various Canadian energy commodities. Canadian energy commodities traders can also invest in energy companies and energy derivatives through energy commodity related CFD accounts in Canada. These trading accounts allow Canadian investors to speculate on the price movements of various Canadian and international energy stocks and open positions based on these movements. It is important for Canadian traders to choose the type of trading that suits your needs, experience level, risk tolerance and goals.

Modern peer-to-peer trading platforms in Canada offer access to energy related financial instruments using very fast and transparent manner, using highly regulated trading software. The benefit of modern energy trading platforms is that they take the hassle out of Canadian energy trading. Canadian energy providers are no longer forced to rely on a third-party Canadian energy supplier to make money. This makes Canadian energy trading more accessible and transparent in Canada.

Top Canada Energy Trading Platforms Compared

Best Energy Trading Platforms Canada List

Featured Canada Trading Platform Account Features Trading Features

FP Markets

Used By: 10,000
Instruments Available: 100
Stocks Available: 10000
US Stocks: Yes
UK Stocks: Yes
German Stocks: Yes
Japanese Stocks: Yes
Indices: Yes
Forex Pairs Available: 60
Major Forex Pairs: Yes
Minor Forex Pairs: Yes
Exotic Forex Pairs: Yes
Minimum Deposit: 100
 Platforms: MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps
Negative Balance Protection:
Inactivity Fee: No
Losses can exceed depositsTry Now

XTB

Used By: 250,000
Instruments Available: 4000
Stocks Available: 1696
US Stocks: Yes
UK Stocks: Yes
German Stocks: Yes
Japanese Stocks: Yes
Indices: Yes
Forex Pairs Available: 57
Major Forex Pairs: Yes
Minor Forex Pairs: Yes
Exotic Forex Pairs: Yes
Minimum Deposit: 0
 Platforms: MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
Negative Balance Protection:
Inactivity Fee: Yes
74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Try Now

Pepperstone

Used By: 89,000
Instruments Available: 100
Stocks Available: 60
US Stocks: No
UK Stocks: No
German Stocks: Yes
Japanese Stocks: No
Indices: Yes
Forex Pairs Available: 70
Major Forex Pairs: Yes
Minor Forex Pairs: Yes
Exotic Forex Pairs: Yes
Minimum Deposit: 200
 Platforms: MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
Negative Balance Protection:
Inactivity Fee: Yes
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.9% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your moneyTry Now

FXPrimus

Used By: 10,000
Instruments Available: 130
Stocks Available: 60
US Stocks: Yes
UK Stocks: Yes
German Stocks: No
Japanese Stocks: No
Indices: Yes
Forex Pairs Available: 45
Major Forex Pairs: Yes
Minor Forex Pairs: Yes
Exotic Forex Pairs: Yes
Minimum Deposit: 100
 Platforms: MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps
Negative Balance Protection:
Inactivity Fee: No
Losses can exceed depositsTry Now

easyMarkets

Used By: 142,500
Instruments Available: 200
Stocks Available: 52
US Stocks: Yes
UK Stocks: Yes
German Stocks: Yes
Japanese Stocks: Yes
Indices: Yes
Forex Pairs Available: 150
Major Forex Pairs: Yes
Minor Forex Pairs: Yes
Exotic Forex Pairs: Yes
Minimum Deposit: 100
 Platforms: MT4, MT5, Web Trader, Tablet & Mobile apps
Negative Balance Protection:
Inactivity Fee: No
Your capital is at riskTry Now

SpreadEx

Used By: 10,000
Instruments Available: 15000
Stocks Available: 1000
US Stocks: Yes
UK Stocks: Yes
German Stocks: Yes
Japanese Stocks: Yes
Indices: Yes
Forex Pairs Available: 55
Major Forex Pairs: Yes
Minor Forex Pairs: Yes
Exotic Forex Pairs: Yes
Minimum Deposit: 1
 Platforms: Web Trader, Tablet & Mobile apps
Negative Balance Protection:
Inactivity Fee: No
Losses can exceed depositsTry Now

HYCM

Used By: 10,000
Instruments Available: 100
Stocks Available: 10
US Stocks: Yes
UK Stocks: No
German Stocks: No
Japanese Stocks: No
Indices: Yes
Forex Pairs Available: 40
Major Forex Pairs: Yes
Minor Forex Pairs: Yes
Exotic Forex Pairs: Yes
Minimum Deposit: 100
 Platforms: MT4, MT5, Tablet & Mobile apps
Negative Balance Protection:
Inactivity Fee: Yes
Losses can exceed depositsTry Now

Swissquote

Used By: 300,000
Instruments Available: 100
Stocks Available: 0
US Stocks: Yes
UK Stocks: Yes
German Stocks: Yes
Japanese Stocks: Yes
Indices: Yes
Forex Pairs Available: 150
Major Forex Pairs: Yes
Minor Forex Pairs: Yes
Exotic Forex Pairs: Yes
Minimum Deposit: 1000
 Platforms: MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile apps
Negative Balance Protection:
Inactivity Fee: No
Losses can exceed depositsTry Now

Axi

Used By: 10,000
Instruments Available: 100
Stocks Available: 1000
US Stocks: Yes
UK Stocks: Yes
German Stocks: Yes
Japanese Stocks: Yes
Indices: No
Forex Pairs Available: 100
Major Forex Pairs: Yes
Minor Forex Pairs: Yes
Exotic Forex Pairs: Yes
Minimum Deposit: 0
 Platforms: MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps
Negative Balance Protection:
Inactivity Fee: No
Losses can exceed depositsTry Now

Eightcap

Used By: 10,000
Instruments Available: 100
Stocks Available: 0
US Stocks: No
UK Stocks: No
German Stocks: Yes
Japanese Stocks: Yes
Indices: Yes
Forex Pairs Available: 45
Major Forex Pairs: Yes
Minor Forex Pairs: Yes
Exotic Forex Pairs: Yes
Minimum Deposit: 100
 Platforms: MT4, MT5, Tablet & Mobile apps
Negative Balance Protection:
Inactivity Fee: No
Losses can exceed depositsTry Now

ForTrade

Used By: 1,000,000
Instruments Available: 100
Stocks Available: 190
US Stocks: No
UK Stocks: No
German Stocks: No
Japanese Stocks: Yes
Indices:
Forex Pairs Available: 70
Major Forex Pairs: Yes
Minor Forex Pairs: Yes
Exotic Forex Pairs: Yes
Minimum Deposit: 100
 Platforms: MT4, Binary, Tablet & Mobile apps
Negative Balance Protection:
Inactivity Fee:
Your capital is at riskTry Now

ForexMart

Used By: 10,000
Instruments Available: 111
Stocks Available: 0
US Stocks: No
UK Stocks: Yes
German Stocks: No
Japanese Stocks: No
Indices: Yes
Forex Pairs Available: 100
Major Forex Pairs: Yes
Minor Forex Pairs: No
Exotic Forex Pairs: No
Minimum Deposit: 1
 Platforms: MT4,WEB,desktop
Negative Balance Protection:
Inactivity Fee: No
Your capital is at riskTry Now

ETFinance

Used By: 10,000
Instruments Available: 150
Stocks Available: 1000
US Stocks: Yes
UK Stocks: Yes
German Stocks: Yes
Japanese Stocks: Yes
Indices: No
Forex Pairs Available: 50
Major Forex Pairs: Yes
Minor Forex Pairs: Yes
Exotic Forex Pairs: Yes
Minimum Deposit: 215
 Platforms: MT4,iOS,MacBook,iPhone
Negative Balance Protection:
Inactivity Fee:
Trading leverage products may not be suitable for all traders. 71% of retail CFD accounts lose money.Try Now

Interactive Brokers

Used By: 10,000
Instruments Available: 100
Stocks Available: 5000
US Stocks: Yes
UK Stocks: Yes
German Stocks: Yes
Japanese Stocks: Yes
Indices: Yes
Forex Pairs Available: 10
Major Forex Pairs: Yes
Minor Forex Pairs: Yes
Exotic Forex Pairs:
Minimum Deposit: 0
 Platforms: Web Trader, NinjaTrader, Tablet & Mobile apps
Negative Balance Protection:
Inactivity Fee: Yes
Losses can exceed depositsTry Now

IG

Used By: 239,000
Instruments Available: 17000
Stocks Available: 8000
US Stocks: Yes
UK Stocks: Yes
German Stocks: Yes
Japanese Stocks: Yes
Indices: Yes
Forex Pairs Available: 100
Major Forex Pairs: Yes
Minor Forex Pairs: Yes
Exotic Forex Pairs: Yes
Minimum Deposit: 250
 Platforms: MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps
Negative Balance Protection:
Inactivity Fee: Yes
70% of retail CFD accounts lose moneyTry Now

How Can I Trade Energy Commodities In Canada?

Oil is one of the most liquid and valuable commodities in the world, and is one of the most traded energy commodities in Canada. While the international market can fluctuate significantly for Canadian traders, it remains one of the most actively traded commodity markets for Canadian traders who trade on volatility. The best way to speculate from this volatility is to trade Canadian energy CFD's, which track the spot price of various Canadian energy assets. While these energy financial instruments are similar to trading other commodities available in Canada, the difference is that a Canadian energies CFD buyer does not own the underlying energy commodity asset in Canada. Energy CFDs are high risk to Canadian traders due to the leverage used.

Before choosing an Canadian energy trading platform, investors should familiarize themselves with different forms of energy trading financial instruments available to trade from Canada. For instance, Canadian traders can choose between stocks, ETF's, and futures. Traders in Canada can also choose between energy ETF's and commodities, energy commodities CFDs or a combination. ETF's and commodities are the most common forms for Canadian beginners. This makes them the best way to start trading in the Canadian energy industry. The best Canadian energy trading platforms also offer educational materials for those who are new to the energy markets in Canada.

Energy Trading - Stocks Vs Energy Futures in Canada?

When compared to trading energy stocks in Canada, futures trading has a number of distinct benefits for Canadian traders, some of the most notable of which include use of leverage on energy futures and CFD trades, reduced trading fees for Canadian energy traders, and extended trading hours for energy futures trading in Canada. Energy Futures are agreements that are bound to be fulfilled at a certain time in the future internationally or in Canada, while stocks are shares of ownership that Canadian traders can hold in a corporation and are exchanged on an listed financially regulated stock exchange.

Energy trading related company stocks and shares on international markets from Canada is the most common option for Canadian traders. Energy trading platforms in Canada are very advanced allowing Canadian traders to track a variety of Canadian energy related trades, using market data and technical analysis to spot energy market sentiment on global energy markets, when trading from Canada. Compared to Canadian energy futures, stocks are also more liquid and can have higher trading volume, making energy stocks and shares easier to sell potentially in Canada. Canadian energy markets are becoming increasingly volatile in Canada, and it is important to have a platform that allows you to keep up with fast paced energy markets when trading in Canada.

Energy ETF Trading In Canada

Exchange traded funds, often known as ETFs in Canada, are a kind of investment vehicle that provides Canadian investors with improved access to the underlying energy assets from Canada, such as shares of a specific energy company or energies markeat through a ETF fund available in Canada. Energy exchange-traded funds (ETFs) allow Canadian traders to follow an index of worldwide energy equities that are considered to be part of the energy industry in Canada and the rest of the world. Trading energy equities may be risky for Canadian traders, but investing in energy exchange-traded funds (ETFs) can help spread that risk over several assets when trading from Canada, which might vary depending on the size of the energies index.

Energy ETF traders in Canada focused on the energy sector often put their money into the equities of natural gas, oil, and alternative energy companies that are stable in Canada. Companies that comprise Energy ETFs in Canada, do not always correspond with energy stocks in major indices.

Which Canadian Energy Trading Platform Is The Best?

FP Markets offer a wide range of energy related financial instruments and is highly regulated in Canada. The best Canadian energy trading platform should offer a wide range of tradable energy financial instruments in Canada. Your shortlisted energy trading platforms in Canada, should include both the spot and futures markets, stocks and all of the most popular energy commodities like crude oil and gas. Trading energies requires that traders in Canada understand energy technical analysis and risk management when trading energies from Canada. Trading energies is not easy to understand for new traders in Canada. A good Canadian energy trading platform should include risk management tools like stop loss, energy limit orders and negative balance protection to energy traders in Canada.

A trading platform for Canadian energies must offer both fundamental and technical analysis. Canadian energy prices are volatile and can spike and fall due to a wide variety of factors that Canadian traders must be aware of. For example, supply chain bottlenecks in Canada caused oil prices to spike. The price of crude oil fluctuates based on many factors that Canadian traders need to monitor. It is important to backtest your energy trading strategy in Canada to find a profitable combination of many factors. There is no perfect energies trading platform for Canadian traders, and it is crucial that you test and research each energy trading strategy in Canada before using it in a live trading environment.

What Is An Energy Company For Canadian Traders?

An organization in Canada or internationally that offers goods or services directly or indirectly connected to the generation of energy is known as an energy firm to Canadian traders. Either the extraction of fuel for the purpose of producing energy in Canada or the processing and distribution of that energy may be the primary focus of an energy related company listed on a stock exchange. The generation and use of energy are critical to the efficient operation of the economy in Canada and everywhere else in the world. Energy commodities and associated enterprises have a huge impact on Canadian daily life.

Canadian traders are required to analyze many moving pieces to make decisions on the energy markets. While physical oil and gas are the main drivers of price fluctuations for Canadian traders, political and economic volatility can also make or break the open energy market trading positions in Canada. Canadian traders have to make fast decisions based on limited information. This makes the need for nimble, Canadian traders even in volatile or stagnant markets. The skills necessary to be a successful energies trader in Canada should include strong analytical and quantitative skills.

It takes time for a trader in Canada to fully gain experience in trading products like oil, natural gas, and electricity from Canada.

How Do Energy Companies Trade Surplus Energy In Canada?

A Canadian energy exchange is a market where one entity sells surplus Canadian energy to another. As a result, the price of Canadian energy can decrease. In many ways, the process is similar to the market for buying and selling stocks. But the difference lies in the way the two parties operate. The traditional model of Canadian energy exchange relies on a single market operator to administer transactions. In a hybrid energy market in Canada, the market operator provides the service of matching demand with supply.

How Do Canadian Energy Traders Make Money?

Canadian traders profit from speculating on upward or downward price movements of energy commodites like oil and gas in Canada. Most energies traded in Canada are traded on short term price movements that require a energie commoditiy to have high volatility in Canada, during the day. Trading oil and gas energies in Canada involves taking on risk and assuming others risks. In the Canadian energy market, price movements do not always line up with fundamentals. For example, two oil tankers were recently attacked in the Middle East, causing the price of crude to rise sharply in Canada. Canadian traders will speculate on conflict, or use news as an event trigger for a energy commodity or stock in Canada to change price. The price of oil may increase dramatically for Canadian traders due to geopolitical risk.

The price of Canadian energy is very volatile, and the price of natural resources such as coal can be wildly fluctuating in Canada. While Canadian energy producers can absorb changes in price, Canadian and international consumers are greatly affected by them. Canadian traders use this energy trading volatility to hedge their risks on their overall investment portfolio in Canada.

How Do I Invest in Canada Energy Commodities?

There are several different ways to invest in commodities from Canada, including direct investments, exchange traded funds, and futures trading. You can use these investment vehicles to diversify your portfolio in Canada and hedge against inflation. Regardless of the method you choose, Canadian traders should consider the risks and your goals before investing in energy related trading on global financial markets from Canada.

The first step in investing in Canada energy commodities is to understand how each type of commodity works. Crude oil, for example, is refined into gasoline, and then other petroleum-based products are created for Canadian economic consumption in Canada. In addition to these products, crude oil is also a great source of income for many Canadian people. While the price of oil may go lower in the future, natural gas prices have soared in Canada over the past year. This has caused some financial strain for most Canadian citizens, but also resulted in high points for commodity stocks.

You can also invest in Canada energy commodities through exchange-traded funds. Canadian energy commodity ETF's are another great way to diversify your portfolio in Canada. Whether you want to invest in individual companies or exchange-traded funds, there are many options to choose from. The price of Canadian energy commodities is constantly rising, and you will benefit from the increased demand. It will also provide a hedge against CAD currency fluctuations and inflation in Canada. Canadian traders should remember that energy prices are volatile, and investing in them from Canada should be done with thorough research and usage of risk management tools.

In addition to buying individual oil shares, Canadian investors can also invest in stocks of companies that produce energy commodities in Canada. Some energy Canadian investors choose to invest in the stocks of petrolium companies like Exxon-Mobil from Canada in this way, since these are more accessible to most Canadian people. While this approach may yield favorable results, it can also come with higher risk than Canadian energy investors realize. You will be taking on equity-market and operational risk when trading these companies from Canada potentially.

What Tools Do Canadian Energy Traders Use?

In order to predict and profit from the fluctuations in Canada energy prices, an Canadian energy trader has to use several tools. The tools need to be maintained and monitored, and many Canadian traders keep their prediction formulas in financial spreadsheets that must be updated regularly. The job of an Canadian energy trader involves buying and selling different Canadian and international energy assets at set prices. They study the trends and prices of various Canadian energy sources to determine the best time to buy or sell their energy positions from Canada. Canadian energy traders also write reports to evaluate their trade procedures, and make predictions about how the energy market in Canada and the rest of the world will develop in the future. In addition to buying and selling energy stocks and shares from Canada, Canadian energy traders also trade futures and barrels of oil across various regions from Canada.

Canadian energy trading is an exciting and challenging career that requires Canadian individuals to take quick decisions under pressure. It is important to be able to handle pressure when trading from Canada, make quick decisions, global energy markets are volatile. Some energy trading platforms allow Canadian traders to trade around the clock. These companies may have 24-hour trading desks, giving access to global energy markets allowing Canadian energy traders to be able to trade energies 24 hours a day.

What Is Renewable Canadian Energy Trading?

Over the last several years, there has been a meteoric rise in the trading of energy commodities by Canadian traders that are characterized as ethical or sustainable in Canada. As with increases with climate change leglislation in Canada and the promotion and support of goods and services that improve sustainability are move actively traded around the world and in Canada. If you are looking to trade is sustainable energy related financial instruments from Canada, Canadian traders will need to check their investments comply. Canadian traders will also need to be aware of the effect of Canadian and international government laws that affect their open energy trading positions, either positively or negatively in Canada.

Can You Make Money Trading Canadian Energy?

Trading energy related stocks, commodities, ETFs and CFDs in Canada can be profitable for experienced Canadian energy commodities traders. Energy trading on volatilie markets is considered high risk and is not for new traders in Canada

Canadian traders may make an investment in the most successful energy trading company stock by purchasing their shares on the stock market from Canada. Canadian traders can also invest in energy commodities like natural gas, crude oil, and heating oil, as well as prominent exchange-traded funds (ETFs) related to energies in Canada. Canadian traders can also open a contract for difference trading account that supports trading energy related financial instruments in Canada using high risk leverage.

When trading energies Canadian traders should keep in mind that production costs, competition, interest rates, and local economies can all affect the stablity and profits of their open energy investments in Canada. This is why it is so important to understand your trader's risk tolerance, when energy trading in Canada.

How Much Is The Energy Market Worth To Canadian Traders?

It is anticipated by Canadian economists that the size of the commodity trading markets will reach US$ 5059 Billion worldwide by 2026. The energies market is a key compoment of Canada and international economic stability of all nations in the world.

Energy Trading Risk Management In Canada

Canadian traders in the energy sector, such as trading oil and gas commodities or producers, electric providers, and gas utilities or commodites in Canada, will benefit from trading with stop loss orders, limit orders and negative balance protection when trading in Canada. The process of identifying, analyzing, and ranking the energy trading risks to Canadian traders that are linked with unpredictability in the energy markets is what is meant by the term "energy risk management" when trading in Canada.

Given the erratic behavior of commodity prices, and energy companies when commodity trading in Canada, risks must be managed. Huge price swings in energy financial instruments are caused by the competition between supply and demand in the Canadian and international energy markets. It is quite possible that Canadian traders in energy commodities will be exposed to any one of the following types of commodity risks in Canada including: Canadian energy price risks, energy cost risks, international and Canadian energy regulatory risks.

The trading of energy commodities exposes Canadian traders to a wide variety of risks due to the inherent instability of energy commodity prices. Because of this, it is very necessary for Canadian traders to put risk management measures into action in order to reduce and control the trading risks that are involved with buying and selling energy commodities and company stock in Canada.


Best Energy Trading Platforms Canada Reviews

We also have in depth reviews of each of the best Canada trading platform reviews listed below.

Best Energy Trading Platforms Canada Alternatives

We also have in depth guides of the best Canada alternative energy trading platforms for each Canada broker below.

Ashly Chole - Senior Finance & Technology Editor

Best Energy Trading Platforms Canada 2023 guide updated 30/05/23