Best ETF Brokers

ETFs or “exchange-traded funds” are exactly as the name implies: funds that trade on exchanges, generally tracking a specific index. When you invest in an ETF, you get a bundle of assets you can buy and sell during market hours, potentially lowering your risk and exposure, while helping to diversify your portfolio.

ETFs can be good for beginners because they offer entry-level access: You can buy as little as a single share, and with some brokers, like RoboMarkets, you can even buy fractional shares. Fees vary by broker, but it’s best to look for options with very low or no transaction costs.

If you enjoy focusing on several markets simultaneously, challenging yourself into making rational investments and trading on one of the most prestigious markets in the world – trading Exchange Traded Funds could be what you are looking for.

To buy or sell an ETF, you need a trading account with a stock broker or investment platform. With so many brokers to choose from, you may be unsure which broker is right for you. We have compiled this ETF trading broker guide to help you understand more about the different options available and so that you can discover some of the best ETF brokers around today. Having the best ETFs brokers according to our findings listed in one place, can help you save time when looking for the best ETF broker for your own individual needs.

Top 10 ETF Brokers

Broker
Rating
Regulated
Min. Deposit
Founded
Max. Leverage
1.
AvaTrade Review

ADGM FRSA, ASIC, BVIFSC, CBI, FFAJ, FSCA, IIROC, JFSA

$100

2006

1:400

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
2.
IG Review

ASIC, BaFin, CFTC, DFSA, FCA, FINMA, FMA, FSA, FSCA, JFSA, MAFF, MAS, METI, NFA

$250

1974

1:200

70% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
3.
Pepperstone Review

ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB

$200

2010

1:400

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
4.
eToro Review

ASIC, CySEC, FCA

$200

2006

1:30

77% of retail investor accounts lose money when trading CFDs with this provider.
5.
FP Markets Review

ASIC, CySEC, FSCA, SVGFSA

$100

2005

1:500

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
6.
Degiro Review

AFM, DNB, FCA

$0.01

2013

N/A

Trading in financial instruments involves substantial risk of loss and is not suitable for every investor.
7.
Vanguard Review

FINRA, SEC

$1

1975

N/A

All investing is subject to risk, including the possible loss of the money you invest.
8.
WellsTrade Review

FINRA

$1

1852

N/A

Trading complex instruments can come with a high risk.
9.
CAPEX Review

CySEC

$100

2016

1:30

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
10.
BUX Markets Review

FCA

$100

2014

1:30

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

AvaTrade

With many years of direct industry experience, regulation in various countries and an outstanding multi-lingual customer support team, AvaTrade is the broker of choice for many trading opportunities, including ETFs. The broker offers a range of popular ETFs to trade as CFDs, giving traders the ability to trade long or short with leverage. With AvaTrade, you can trade on user-friendly platforms for all of your devices and get free access to an excellent range of premium tools to help you make informed decisions. They have educational content for those of you who are beginners and also provide social trading platforms if you are looking for a more hands-off approach.

Pros
  • AvaTrade is an internationally regulated CFD and forex broker
  • Choose from a variety of instruments to trade with CFDs
  • AvaTrade offers you a wide selection of the most traded ETFs in the market
  • Competitive spreads start from just 0.0013 on ETFs
  • Get leverage of on your ETFs trades
  • Take short position to benefit from trades when the market goes down
  • High-quality educational materials & daily market analysis
  • Best-in-class customer service with multilingual live support
  • Fast and easy free deposits and withdrawals
  • Free demo trading accounts
Cons
  • High inactivity fees
  • CFD trading only
  • Instruments vary between platforms
  • Cannot accept traders in the USA

IG

When trading with IG you can get exposure to multiple assets from just a single trade with exchange traded funds (ETFs). They have a superb selection of ETFs for you to choose from with over 5,400 ETF markets covering indices, sectors, commodities and currencies. This is perhaps the largest variety that I have seen from any broker that provides ETF trading. You can trade ETFs on an award-winning platform and take a position wherever you are, and receive trading alerts and signals on the go via the mobile trading app. One the key benefits I found with IG is that they have a brilliant ETF screener tool which can help you to find the ETF that’s right for you.

Pros
  • Take a position on multiple assets with just a single trade
  • Gain full exposure from a reasonable initial deposit with CFDs
  • Access unique markets, like smart-beta or inverse ETFs
  • Trade any time during market hours and react quickly to news on a powerful ETF trading platform
  • See the instruments your ETF holds and its performance throughout the day
  • Welcome traders in the USA
  • Free demo trading accounts
Cons
  • Could offer some more deposit and withdrawal methods
  • Minimum deposit of $250 is not the lowest
  • Limited instruments on MetaTrader 4
  • No MetaTrader 5 platforms
  • Inactivity fee after 2 years

Pepperstone

With Pepperstone, you can trade ETF CFDs on more than 100 ETFs that track the performance of sectors including mining, energy, technology, bond markets and retail. They have a great range of ETFs that track the overall performance of equity markets in an impressive 35 countries and across 6 continents. Wherever your equity market interests are, Pepperstone will most likely have an ETF for you to trade.

Pros
  • Trade any ETF long or short potentially benefitting from any direction of the ETF
  • Trade movement on core markets, interesting themes and often hard to access markets
  • Option to trade ETFs with leverage (restrictions apply)
  • Cost-effective at 2 cents a share which allows for traders to be highly active in their trading approach
  • Use automated trading strategies and apply a diverse range of risk management strategies on the powerful MT5 platform
  • React in real-time when you trade some of the most liquid ETFs in the pre-and post-market session
  • Quick and easy account opening takes just a few minutes
  • Free demo trading accounts are available
Cons
  • Primarily CFD trading instruments offered
  • Do not have a proprietary trading platform
  • Cannot accept traders in the USA
  • Minimum deposit of $200 is not the lowest

eToro

With eToro, you can explore a variety of Exchange Traded Funds. They have modern and intuitive platforms where you can easily track charts, analyse the markets, trade and invest in a generous selection of ETFs. Not only is eToro great for self-directed trading, they are one of the world’s leading social trading networks. At eToro, buying and selling ETFs is very straightforward. The brokers platform is easy to use and offers zero commissions (terms apply) on ETFs as well as low minimum investments.

Pros
  • eToro is the world’s leading social trading network
  • Friendly, professional and pleasant community
  • Diversify your portfolio across thousands of assets
  • Share ideas and strategies with likeminded traders
  • Vast array of innovative social trading features
  • Plenty of traders to copy signals from
  • Popular investors helps to filter the good from the bad
  • Social news feed helps you follow the financial instruments and traders you like
  • Can integrate with other social networks such as Facebook and Twitter
  • eToro club where you can get rewards
Cons
  • No scalping or hedging allowed
  • $10 inactivity fee after 12 months
  • Minimum deposit of $200 not the lowest
  • There are some high non-trading fees
  • Only one account base currency
77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

FP Markets

FP Markets offers various ETFs that contain many types of investments, including stocks, commodities, bonds or a mixture of investment types. At FP Markets, investors can easily participate in ETF trading by buying or selling ETFs via either the FP Markets’ Mobile App or FP Markets website, where they will also have access to a wide variety of ETFs across sectors and markets, lower expense ratios, fewer broker commissions and a personal account manager.

Pros
  • Great choice of advanced trading platforms for web, desktop and mobile devices
  • ECN trading conditions ensure fast trade execution speeds with no dealing desk interference
  • Daily market research and free access to the brilliant Autochartist tool
  • Top-tier liquidity and market leading pricing around the clock
  • Trade manually or using intuitive copy trading platforms
  • Access to lots of helpful educational content
  • Free demo trading accounts are available
  • 24/7 multilingual customer support
Cons
  • Cannot accept traders in the USA
  • High minimum deposit of $1,000 for CFD accounts
  • Fees for international bank withdrawals
  • Limited features on the brokers proprietary platform

Degiro

Degiro is a multi-award winning, multi regulated online broker with very competitive fees and large range of products to trade on 50 exchanges, spanning across 30 different countries. They have a comprehensive range of trading tools and educational materials to assist you with making informed decisions according to your own financial goals.

Pros
  • Proprietary platforms for easy market access
  • Great selection of financial products
  • Very low trading fees
  • Trading academy for beginners
  • Won multiple awards over the years
  • Excellent customer support
Cons
  • Cannot accept clients from some countries
  • Does not currently support cryptocurrencies
  • Limited funding options
  • No demo accounts
  • No Islamic accounts

Vanguard

The Vanguard brokerage account gives you access to a range of investment products and services with competitive fees. They are more suited towards long-term investors who are looking for a convenient way to manage their funds with an established company.

Pros
  • Large selection of investment products
  • Simple web and mobile investing platforms
  • Competitive fees
  • Commission-free ETFs
  • Learning articles for new investors
  • No minimum account opening fee
  • Can cater more towards long-term passive investors
Cons
  • Limited funding options
  • Limited platform capabilities
  • Limited market research and data provided
  • No Forex, CFDs and Cryptos
  • Not ideal for active day traders
  • Account opening can take a few days

WellsTrade

WellsTrade provide you with an online brokerage account so that you can conveniently buy and sell assets using an intuitive platform. They have reasonable fees, powerful tools and expert analysis to help assist you with your decisions.

Pros
  • A wide range of investing types
  • Professional and versatile platforms
  • Robust tools and expert market research
  • Simple and transparent pricing
  • No minimum deposit
  • Free deposit and withdrawal
  • Investment banking services
  • Wealth management
  • Wells Fargo advisors
Cons
  • No Forex, Crypto or CFD trading
  • No online payment processors
  • Could add some more educational content
  • Investment products are not insured
  • Maintenance fees
  • Only accept USA clients

CAPEX

CAPEX is an online broker regulated in multiple jurisdictions that offers over 2,100+ tradable assets on flexible and powerful trading platforms. They also have a selection of trading tools and market insights but lack in educational materials.

Pros
  • Powerful MetaTrader platforms for all of your devices
  • Proprietary CAPEX web and mobile trading platforms
  • Great choice of 2,100+ trading instruments
  • Professional market analysis from Trading Central
  • Fixed and variable spread accounts available
  • Platform tools including bloggers opinion and daily analysts’ ratings
  • Decent choice of funding methods including digital wallets
  • Free demo accounts
  • Islamic accounts for Muslim traders
  • Good customer support
Cons
  • Cannot accept traders in the USA
  • Lack of comprehensive education to help beginners
  • No cryptocurrency funding supported
  • Not the lowest forex spreads

BUX Markets

BUX Markets is a regulated brokerage offering CFD trading and signal following via its proprietary TradeHub platform. BUX Markets offer access to a large range of global markets with tight spreads, fast execution and low minimum stake sizes. Whilst they have competitive spreads and fees, the brokers funding options are limited and there are is no live chat support.

Pros
  • Award winning trading platform
  • Good range of markets covered
  • You can copy and provide trading signals
  • Educational resources for beginners
  • Free demo accounts
Cons
  • Limited account funding options
  • No additional trading tools
  • No live chat support
  • Account inactivity fees

Conclusion

Here you will find our best ETF brokers, based on thousands of hours of extensive research, testing and analysis across hundreds of brokers. Upon conclusion of each of our broker reviews, we have assigned each broker with a rating.

Some of the most important factors that contribute towards a good broker for trading ETFs online have been considered including things such as the available ETFs, other financial instruments, platforms, apps, tools, spreads, execution, liquidity, fees, education, funding options, regulation, customer service and more.

Each of our best brokers for ETF trading have undergone and passed our stringent broker reviews with flying colours, based on what we consider to be amongst the most important considerations when choosing an ETF broker for trading online. These brokers are well-established within the online trading industry, providing top ETFs trading conditions to traders and investors of all experience levels.


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