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WikiFX
Ahmed Harb
1-2 years

How do the different account types provided by CANDEAL differ from one another?

Broker Issues
CANDEAL
Account
Leverage
Instruments
Platform
07-22
United States
WikiFX
Reply

After closely reviewing the available information on CANDEAL, I found that unlike many retail-focused forex brokers, CANDEAL specializes primarily in the Canadian fixed income market and OTC derivatives, emphasizing institutional and dealer-to-client relationships rather than the standard array of retail account types like “Standard” or “ECN.” For me, as someone accustomed to comparing multiple account tiers, this is a significant point: it means there isn’t a clear structure of different account types with varying minimum deposits, leverage, or spreads as seen with more typical forex brokers. Instead, participation on CANDEAL’s electronic platform is geared towards institutional access, where the key difference lies in the services offered to institutional clients, such as deep liquidity pools and robust trade record-keeping. From my perspective, the lack of retail-style account distinctions underscores the seriousness of CANDEAL’s positioning; this platform is built for institutions or sophisticated market participants who require direct access to Canada’s primary dealers and a regulated environment under the Canadian Investment Regulatory Organization (CIRO). It’s crucial to approach CANDEAL with an understanding of this structure—traders looking for customizable retail account options may find their needs unmet here. Personally, I always advise verifying with customer support if any account customization is possible based on your trading profile, but in my experience and from the data available, CANDEAL’s offering appears uniform and oriented toward high-level professional participation.

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