Toronto traders on EST are active for both the TSX and NYSE opens simultaneously at 9:30am — a dual North American market alignment unique to Canadian EST cities. Toronto is Canada's financial capital, home to the TSX and a large community of remote funded traders. USD/CAD is one of the most traded forex pairs globally and sees its highest daily volatility during the North American session — a natural instrument advantage for Toronto-based prop traders. Canadian prop firm payouts are generally treated as business income subject to federal and Ontario provincial income tax. All remote prop firm programs listed on PropFirmMatch accept Canadian traders with no geographic restrictions.
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