Compare Trading Brokers 2019

Our online trading broker comparison tool makes it quick and easy to compare brokers based on the most important details. This saves you time to find suitable online brokers depending on your needs.

Trading Brokers Comparison

You can filter the trading brokers displayed in the table using the custom filters to display only the brokers that meet your individual requirements.
Trading Brokers Comparison
BrokerNameWebsiteCountryOperating SinceOfficesRegulationTypeMin DepositMin Lot SizeSpreadCommissionTrading InstrumentsTrading PlatformsDeposit / Withdrawal MethodsSupportCountriesUS ClientsReview

Pepperstone Logo

PepperstoneOpen AccountAustralia, United Kingdom2010 London, MelbourneASIC, FCAECN, STP1:500 (1:30 EU)$2000.01VariableFrom $0 - $3.5Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs, ETFsMetaTrader 4, MetaTrader 5, cTrader, Web Platform, Mobile PlatformWire Transfer, Credit Card, Debit Card, Neteller, UnionPay, Skrill, FasaPay, Bpay, PoliUSD, GBP, EUR, CHF, JPY, NZD, CAD, SGD, HKD, AUDPhone, Chat, EmailPepperstone accepts clients from all over the world, excluding USA, Canada, Japan, Iran, Iraq, Yemen, Zimbabwe and some other jurisdictions due to restrictions.NoPepperstone Review
AvaTrade LogoAvaTradeOpen AccountAustralia, Ireland, South Africa, Japan, British Virgin Islands2006Sydney, Dublin, Johannesburg, Tokyo, Road TownASIC, BVI, CBI, FFAJ, FSA, FSCAMarket Maker, STP1:400 (1:30 EU)$1000.01FixedFrom $0Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, CFDs, ETFsMetaTrader 4, AvaOptions, AvaTradeGO, DupliTrade, ZuluTrade, Web Platform, Mobile PlatformWire Transfer, Credit Card, Debit Card, PayPal, WebMoney, Neteller, SkrillUSD, GBP, EUR, JPYPhone, Chat, EmailAvaTrade accepts clients from all over the world, excluding USA and some third-world countries.NoAvaTrade Review
XM LogoXM GroupOpen Account Australia, United Kingdom, Cyprus, Belize2009Sydney, London, Limassol, Belize CityASIC, CySEC, FCAECN, STP1:880 (1:30 EU)$50.01VariableFrom $0 - $3.5Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, CFDsMetaTrader 4, MetaTrader 5, Web Platform, Mobile PlatformWire Transfer, Credit Card, Debit Card, Neteller, UnionPay, Skrill, Klarna, Przelewy, WebMoney, Yandex, QiwiUSD, GBP, EUR, CHF, JPY, PLN, SGD, ZAR, AUD, HUF, RUBPhone, Chat, Email, FAXXM Group accepts clients from all over the world, excluding USA, Canada, Israel and Iran.NoXM Group Review
IC Markets LogoIC MarketsOpen AccountAustralia, Seychelles2007SydneyASICECN1:500 (1:30 EU)$2000.01VariableFrom $0 - $3.5Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDsMetaTrader 4, MetaTrader 5, cTrader, Web Platform, Mobile PlatformWire Transfer, Credit Card, Debit Card, WebMoney, Neteller, PayPal, Skrill, FasaPay, UnionPay, Qiwi, Bpay, PoliUSD, GBP, EUR, CHF, JPY, NZD, CAD, SGD, HKD, AUDPhone, Chat, EmailIC Markets accepts clients from all over the world, excluding USA, Canada, Iran, Yemen and some countries from the OFAC list.NoIC Markets Review

Forex.com Logo

Forex.comOpen AccountUnited States, United Kingdom, Japan2001New Jersey, London, TokyoASIC, CFTC, FCA, FSA, IIROC, JFSASTP, ECN, DMA1:50 (1:30 EU)$500.01VariableFrom $0 - $5Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, CFDsMetaTrader 4, Forex.com, Web Platform, Mobile PlatformWire Transfer, Credit CardUSD, GBP, EUR, CHF, JPY, NZDPhone, Chat, EmailForex.com accepts traders from across the globe, excluding Singapore, New Zealand, Belarus, Iran, Yemen and some countries from the OFAC list.YesForex.com Review

City Index Logo

City IndexOpen AccountAustralia, United Kingdom, UAE, Singapore1983London, Dubai, Singapore, SydneyASIC, FCA, MASSTP, ECN,1:500 (1:30 EU)$1000.01VariableFrom $0Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, Spread Betting, CFDs, ETFsMetaTrader 4, AT Pro Desktop, Advantage Web Platform, Mobile PlatformWire Transfer, Credit CardUSD, GBP, EUR, CHF, JPY, NZDPhone, Chat, EmailCityIndex accepts traders from all across the world, excluding USA, Canada, Afghanistan, Angola, Belarus, Belgium, Burundi, Central African Republic, Chad, Congo, Cote D’Ivoire, Cuba, Equatorial Guinea, Eritrea, Guinea, France, Guinea-Bissau, Haiti, Hong Kong, Iran, Iraq, Israel, North Korea, Lebanon, Liberia, Libya, Myanmar, New Zealand, Nigeria, Sierra Leone, Somalia, Sudan, Syria, Turkmenistan, Uzbekistan, Venezuela, Western Sahara, Yemen, Zimbabwe.NoCity Index Review

XTB Logo

XTBOpen AccountUnited Kingdom, Germany, France, Spain, Poland, Belize2004London, Frankfurt, Paris, Madrid, Lisboa, Warszawa, Praha, Bratislava, Bucuresti, Limassol, Istanbul, Santiago, Belize CityACPR, BaFin, CNMV, FCA, IFSC, KNFSTP, ECN, DMA1:200 (1:30 EU)$2500.01VariableFrom $0 - $2.5Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs, ETFsMetaTrader 4, xStation 5, Web Platform, Mobile PlatformWire Transfer, Credit Card, PayPal, Skrill, Sofort, PaySafeCard, SafetyPayEUR, USD, GBP, HUFPhone, Chat, EmailXTB accepts traders from most countries but does not support: USA (& US dependants i.e. US Virgin Island/Minor outlying Islands), Australia, Canada, Japan, South Korea, Singapore, Mauritius, Israel, Turkey, India, Pakistan, Bosnia and Herzegovina, Ethiopia, Uganda, Cuba, Syria, Iraq, Iran, Yemen, Afghanistan, Laos, North Korea, Guyana, Vanuatu, Mozambique, Democratic Republic of Congo, Libya, Macao, Kenya.NoXTB Review

Iron FX Logo

IronFXOpen AccountAustralia, United Kingdom, Cyprus2010Cyprus, London, Sydney, JohannesburgASIC, CySEC, FCASTP, ECN1:1000 (1:30 EU)$500.01Variable, FixedFrom $0 - $24Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, CFDsMetaTrader 4, MetaTrader 5, PMAM, Multi Terminal, Web Platform, Mobile Platform, Wire Transfer, Credit/Debit Cards, Cardpay, China Union, CSC24Seven, Dinpay, Dotpay, Ecommpay, FASAPAY, Neteller, Safecharge, Skrill, WebmoneyUSD, EUR, GBP, AUD, JPY, CHF, PLN, RUB, HUF, CZKPhone, Chat, EmailIronFX does not offer trading services to residents of certain jurisdictions including USA, Iran, Cuba, Sudan, Syria and North Korea.NoIronFX Review

Z.com Logo

Z.com TradeOpen AccountUnited Kingdom, Hong Kong2012 London, Hong KongFCA, SFCECN, STP1:200 (1:30 EU)$500.01VariableFrom $0 - $2.5Forex, Commodities, Indices, Cryptocurrency, Metals, Energies, CFDsMetaTrader 4, Web Platform, Mobile Platform, FIX APIWire Transfer, Credit/Debit Cards, Neteller, PayPal, Skrill, Trustly, Webmoney, 2C2P, Yandex, Qiwi, iDeal, Sofort, Poli, Giropay, Moneta RuUSD, EUR, GBPPhone, Chat, EmailZ.com Trade accepts traders from all over the world, excluding USA, Canada, Iran and some third-world countries.NoZ.com Trade Review

HYCM Logo

HYCMOpen AccountUnited Kingdom, Cyprus, UAE, Cayman Islands1998 London, Limassol, Dubai, Camana Bay, Hong KongCIMA, CySEC, DFSA, FCAECN, STP1:200 (1:30 EU)$1000.01Variable, FixedFrom $0 - $4Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, CFDsMetaTrader 4, MetaTrader 5, Web Platform, Mobile PlatformWire Transfer, Credit Card, Skrill, Neteller, WebMoneyUSD, EUR, GBPPhone, Chat, EmailHYCM have some regional restrictions. They do not offer their services to residents of certain jurisdictions such as Afghanistan, Belgium, Hong Kong, Japan, the United States of America and some other regions.NoHYCM Review

FP Markets Logo

FP MarketsOpen AccountAustralia2005 Sydney, Beijing, ShanghaiASICECN, STP, DMA1:500 (1:30 EU)$1000.01VariableFrom $0 - $3.5Forex, Commodities, Indices, Cryptocurrency, Metals, Energies, CFDsMetaTrader 4, MetaTrader 5, IRESS, Web Platform, Mobile PlatformWire Transfer, Credit Card, Debit Card, Neteller, Skrill, FasaPay, BPay, Poli, AstroPay, UnionPayUSD, GBP, EUR, CHF, JPY, NZD, CAD, SGD, HKD, AUDPhone, Chat, EmailFP Markets accepts clients from all over the world although they do not accept applications from residents of USA, Japan or New Zealand, or from any other country or jurisdiction where restrictions apply due to local laws and regulations.NoFP Markets Review

Markets.com Logo

Markets.comOpen AccountAustralia, Cyprus, South Africa2008Australia, Cyprus, South AfricaASIC, CySEC, FSCASTP1:300 (1:30 EU)$1000.01Fixed, VariableFrom $0Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs, ETFsMetaTrader 4, Markets.com, Web Platform, Mobile PlatformWire Transfer, Credit Card, PayPal, Neteller, Skrill, iDeal, Sofort, GiropayUSD, AUD, DKK, EUR, GBP, NOK, PLN, SEK, ZARPhone, Chat, EmailMarkets.com accept clients from most countries excluding residents of certain jurisdictions including Japan, Canada, Belgium and USA.NoMarkets.com Review

FXTM Logo

FXTMOpen AccountUnited Kingdom, Cyprus, South Africa, Mauritius2011United Kingdom, Cyprus, South Africa, MauritiusCySEC, FCA, FSC, FSCASTP, ECN1:1000 (1:30 EU)$50.01VariableFrom $0 - $2Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, CFDsMetaTrader 4, MetaTrader 5, FXTM Trader App, Web Platform, Mobile PlatformWire Transfer, Credit Card, Skrill, Neteller, FasaPay, UnionPay, WebMoney, Perfect Money, Yandex Money, Qiwi, Bitcoin, Ethereum, Litecoin, Dash, DusuPay, DixiPay, CashUEUR, GBP, USDPhone, Chat, EmailFXTM provides broker services to most countries although they do not provide services to residents of the USA, Mauritius, Japan, Alberta, British Columbia, Quebec, Saskatchewan, Haiti, Suriname, the Democratic Republic of Korea, Puerto Rico, the Occupied Area of Cyprus.NoFXTM Review

FXPRIMUS Logo

FXPRIMUSOpen AccountCyprus, South Africa, Vanuatu2011Cyprus, South Africa, VanuatuCySEC, FSCA, VFSCSTP, ECN1:1000 (1:30 EU)$1000.01VariableFrom $0 - $5Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, CFDsMetaTrader 4, Web Platform, Mobile PlatformWire Transfer, Credit Card, Skrill, Neteller, FasaPay, Giropay, Itau, Fasapay, UnionPay, ecoPayz, bitpayEUR, USD, GBP, SGD, PLNPhone, Chat, EmailFXPRIMUS accept clients from most countries excluding residents of certain countries/jurisdictions including, Australia, Belgium, Canada, France, Iran, Japan, North Korea, Singapore and USA. NoFXPRIMUS Review

ThinkMarkets Logo

ThinkMarketsOpen AccountAustralia, United Kingdom, Bermuda2010Melbourne, London, HamiltonASIC, FCASTP, ECN1:500 (1:30 EU)$2500.01VariableFrom $0 - $3.5Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, CFDsMetaTrader 4, Trade Interceptor, Web Platform, Mobile PlatformWire Transfer, Credit Card, Skrill, Neteller, bitpay, PoliEUR, USD, GBPPhone, Chat, EmailWhilst ThinkMarkets accepts clients from over 180 countries, they do not accept client from residents of the United States, Canada, Japan and some other countries or jurisdictions where there are legal and regulatory restrictions.NoThinkMarkets Review

Admiral Markets Logo

Admiral MarketsOpen AccountAustralia, United Kingdom, Cyprus, Estonia2001 Sydney, London, Tallinn, NicosiaASIC, FCA, EFSA, CySECSTP, ECN1:500 (1:30 EU)$2000.01VariableFrom $0 - $3Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs, ETFsMetaTrader 4, MetaTrader 5, MetaTrader Supreme Edition, Web Platform, Mobile PlatformWire Transfer, Credit Card, Skrill, Neteller, Przelewy, iBank&BankLink, iDeal, UnionPay, Trustly, Poli, AstroPay, SafetyPay, Klarna, ZotaPayEUR, USD, GBP, CHF, AUD, BGN, CZK, HRK, HUF, NOK, PLN, RON, RUB, SEK, SGDPhone, Chat, EmailAdmiral Markets group accepts clients from all over the world, excluding USA, Australia, Canada, Japan, Malaysia, Singapore and some third-world countries where restrictions apply.NoAdmiralMarkets Review

AxiTrader Logo

AxiTraderOpen AccountAustralia, United Kingdom2007Sydney, London, Dubai, ChisinauASIC, FCASTP, ECN1:400 (1:30 EU)$2000.01VariableFrom $0 - $3.5Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs & ETFsMetaTrader 4, MetaTrader 4 NextGen, Web Platform, Mobile PlatformWire Transfer, Credit Card, Skrill, Neteller, UnionPayEUR, GBP, USD, CHF, PLNPhone, Chat, EmailAxiTrader accept clients from all over the world, excluding USA, Canada, Iran and some other countries where restrictions apply.NoAxiTrader Review

BlackBull Markets Logo

BlackBull MarketsOpen AccountNew Zealand2014Auckland, New York, Kuala Lumpur, Jakarta, LondonFSPRSTP, ECN, DMA1:500 (1:30 EU)$2000.01VariableFrom $0 - $3Forex, Commodities, Indices, Metals, Energies, CFDsMetaTrader 4, FIX API, Web Platform, Mobile PlatformWire Transfer, Credit Card, Debit Card, Skrill, Neteller, Union PayAUD, USD, EUR, GBP, CHF, JPY, NZD, CAD, SGD, HKDPhone, Chat, EmailBlackBull Markets accept clients from across the globe apart from some UN sanctioned nations (e.g. North Korea), the USA, Russia, Spain, and only professional traders from New Zealand. NoBlackBull Markets Review

Circle Markets Logo

Circle MarketsOpen AccountNew Zealand2016New Zealand, Vanuatu FSPR, VFSCSTP, ECN, DMA1:500 (1:30 EU)$500.01VariableFrom $0 - $3.5Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, CFDsMetaTrader 4, FIX API, Web Platform, Mobile PlatformWire Transfer, Credit Card, PayPal, Skrill, Neteller, FasaPay, Sofort, Payeer, BitcoinUSD, EUR, GBP, AUD, RUB, JPY, BitcoinPhone, Chat, EmailCircle Markets provides services to traders from across the globe although there are some restrictions for citizens/residents of certain regions, such as Canada, Cuba, Iran, Iraq, Myanmar, North Korea, Sudan, Syria and The United States.NoCircle Markets Review

CM Trading Logo

CM TradingOpen AccountSouth Africa2012JohannesburgFSCASTP1:200 (1:30 EU)$2500.01VariableFrom $0Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, CFDsMetaTrader 4, Sirix, Web Platform, Mobile PlatformWire Transfer, Credit Card, Neteller, FasaPay, UnionPay, CashU, BitcoinUSD, EUR, GBPPhone, Chat, EmailWhilst CM Trading accepts clients from all over the world, there are some exclusions due to regulations including USA, some EU countries, Hong Kong, Israel and some third-world countries.NoCM Trading Review

FXChoice Logo

FXChoiceOpen AccountBelize2010 Belize CityIFSCECN, STP1:200 (1:30 EU)$1000.01VariableFrom $0 - $3.5Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, CFDsMetaTrader 4, MetaTrader 5, Web Platform, Mobile PlatformWire Transfer, Credit Card, Skrill, Neteller, VLoad, FasaPay, UnionPay, Perfect Money, Trustly, Qiwi, ePayments, Bitcoin, Ethereum, Litecoin, Ripple, Poli, UPayCard, PaySafeCard, AstroPayEUR, USD, GBP, CAD, AUD, Gold, Bitcoin, RipplePhone, Chat, EmailDue to offshore regulations, FXChoice are able to accept clients from most countries including the United States and Canada. They do not however accept clients from Afghanistan, Belize, Iraq, Italy, North Korea, Spain, Sudan, Syrian Arab Republic.YesFXChoice Review

OctaFX Logo

OctaFXOpen AccountSaint Vincent and the Grenadines2011KingstownFSA SVG, CySECSTP, ECN1:500 (1:30 EU)$1000.01Variable, FixedFrom $0Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, CFDsMetaTrader 4, MetaTrader 5, cTrader, Web Platform, Mobile PlatformWire Transfer, Credit Card, Neteller, Skrill, BitcoinUSD, EURPhone, Chat, EmailOctaFX accepts clients from all over the world, excluding USA due to regulatory restrictions.NoOctaFX Review

easyMarkets Logo

easyMarketsOpen AccountCyprus2001Australia, China, Cyprus, Poland, United KingdomASIC, CySECMarket Maker1:400 (1:30 EU)$1000.01FixedFrom $0Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, CFDs, ETFsMetaTrader 4, Web Platform, Mobile PlatformWire Transfer, Credit Card, Skrill, Neteller, FasaPay, Giropay, UnionPay, WebMoney, Bpay, iDeal, SofortUSD, GBP, EUR, CAD, AUD, ILS, CNY, NZD, NOK, CHF, JPY, PLN, SGD, ZARPhone, Chat, EmaileasyMarkets do not provide services for residents of certain regions, such as the United States of America, Israel, Iran, North Korea, Iraq and some other countries.NoeasyMarkets Review

FXOpen Logo

FXOpenOpen AccountAustralia, United Kingdom, Saint Kitts and Nevis2005Sydney, London, Basseterre, MoscowASIC, FCAECN, STP1:500 (1:30 EU)$10.01VariableFrom $0 - $1.5Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, CFDsMetaTrader 4, MetaTrader 5, Web Platform, Mobile PlatformWire Transfer, Credit Card, Skrill, Neteller, FasaPay, UnionPay, WebMoney, Perfect Money, Yandex Money, Qiwi, Bitcoin, Ethereum, RBK Money, Intellect MoneyUSD, AUD, CHF, EUR, GBP, JPY, RUB, SGD, Gold, BitcoinPhone, Chat, EmailFXOpen welcome clients from all over the world but do not provide services to United States residents due to strict US regulatory restrictions.NoFXOpen Review
Traders Way LogoTrader's WayOpen AccountDominica2011RoseauN/AMarket Maker, ECN, STP1:1000 (1:30 EU)$50.01Fixed, VariableFrom $0 - $3Forex, Commodities, Cryptocurrency, Metals, Energies, CFDsMetaTrader 4, MetaTrader 5, cTrader, Web Platform, Mobile PlatformWire Transfer, Credit Card, Skrill, Neteller, VLoad, FasaPay, WebMoney, Perfect Money, ePayments, Bitcoin, Ethereum, Litecoin, Ripple, UPayCardUSD, EUR, CAD, GBPPhone, Chat, EmailTrader’s Way accept clients from all over the world, excluding some countries where restrictions apply such as the United Kingdom & United States.NoTrader's Way Review
BDSwiss LogoBDSwissOpen AccountCyprus, Mauritius, Seychelles2012Limassol, Ebene, MaheCySEC, FSC, NFAECN, STP1:400 (1:30 EU)$2000.01VariableFrom $0 - $4Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, CFDsMetaTrader 4, MetaTrader 5, Web Platform, Mobile PlatformWire Transfer, Credit Card, Skrill, Neteller, iDeal, Sofort, GiropayUSD, EUR, GBPPhone, Chat, EmailBDSwiss welcomes clients from all over the world, although they cannot accept traders from the USA, Belgium and some OFAC sanctioned countries. This is due to regulatory restrictions in these regions.NoBDSwiss Review
InstaForex LogoInstaForexOpen AccountCyprus, Mauritius, Seychelles2007Limassol, Kingstown, Road Town, Hong Kong, Dubai, Jakarta, Kiev, Moscow, Bangalore, Kuala Lumpur, Lagos, Dhaka, Guatemala, Zhangjiakou, Balti, Huancayo, Almaty, Accra, Islamabad, Tunis and 200+ moreCySEC, BVI, SVGFSAMarket Maker1:1000 (1:30 EU)$10.01Fixed, VariableFrom $0Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, CFDsMetaTrader 4, MetaTrader 5, Web Platform, Mobile PlatformWire Transfer, Credit Card, Skrill, Neteller, UnionPay, Trustly, Qiwi, ePayments, iDeal, Sofort, Bitcoin, Litecoin, Poli, Giropay, Przelewy24USD, EUR, RUBPhone, Chat, EmailInstaForex accepts clients from across the world, excluding the USA and some third-world countries due to strict regulations.NoInstaForex Review
HF Markets LogoHF MarketsOpen AccountUnited Kingdom, Cyprus, South Africa, UAE, Saint Vincent and the Grenadines, Seychelles2007London, Larnaca, Dubai, Johannesburg, Kingstown, MaheCySEC, BVI, SVGFSAECN, STP1:400 (1:30 EU)$500.01VariableFrom $0 - $4Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDsMetaTrader 4, MetaTrader 5, Web Platform, Mobile PlatformWire Transfer, Credit Card, Skrill, Neteller, Fasapay, UnionPay, WebMoney, Bitcoin, Bitcoin CashUSD, EURPhone, Chat, EmailThe HF Markets Group accepts clients from all over the world, excluding USA, Canada, Sudan, Syria and North Korea.NoHF Markets Review
Tickmill LogoTickmillOpen AccountUnited Kingdom, Cyprus, Seychelles2015 London, Limassol, MaheFCA, CySEC, FSAECN, STP1:500 (1:30 EU)$1000.01VariableFrom $0 - $2Forex, Commodities, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDsMetaTrader 4, Web Platform, Mobile Platform, FIX APIWire Transfer, Credit Card, Skrill, Neteller, Fasapay, UnionPay, Qiwi, Sofort, PaySafeCard, SticPay, DotPayUSD, EUR, GBP, PLNPhone, Chat, EmailTickmill accepts clients from all over the globe, excluding some countries due to regulatory restrictions such as the USA, Cuba, Iraq, Myanmar, North Korea and Sudan.NoTickmill Review
Global Prime LogoGlobal PrimeOpen AccountAustralia, Vanuatu2010Sydney, Port VilaASIC, VFSCECN, STP, DMA1:200 (1:30 EU)$2000.01VariableFrom $3.5Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, NDFs, CFDsMetaTrader 4, Web Platform, Mobile Platform, FIX APIWire Transfer, Credit Card, Neteller, Bpay, PoliAUD, USD, EUR, GBP, SGD, CADPhone, Chat, EmailGlobal Prime is not able to accept clients from Burma, Côte d’Ivoire, Democratic People’s Republic of North Korea, Democratic Republic of the Congo, Eritrea, Former Federal Republic of Yugoslavia, Iran, Iraq, Lebanon, Liberia, Libya, United States of America, Somalia, Sudan, Syria, and Zimbabwe.NoGlobal Prime Review
LMFX LogoLMFXOpen AccountSaint Vincent and the Grenadines2015Kingstown, SkopjeN/ASTP1:1000 (1:30 EU)$500.01Variable, FixedFrom $0 - $4Forex, Commodities, Stocks, Shares, Indices, Metals, Energies, CFDsMetaTrader 4, Web Platform, Mobile PlatformWire Transfer, Credit Card, Skrill, Neteller, Vload, FasapayEUR, USDPhone, Chat, EmailAccording to their live chat support, LMFX accept clients from all over the world except for Macedonia, Bulgaria, Belgium and Cyprus.YesLMFX Review
Darwinex LogoDarwinexOpen AccountUnited Kingdom2012London, MadridFCADMA, STP1:200 (1:30 EU)$5000.01VariableFrom $3Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, CFDsMetaTrader 4, MetaTrader 5, FIX API, Web Platform, Mobile PlatformWire Transfer, Credit Card, Skrill, PayPal, TrustlyEUR, GBP, USDPhone, EmailDarwinex accept traders from most countries around the world except for some countries with more restrictive regulations like the USA, Japan and Iran.NoDarwinex Review
Fortrade LogoFortradeOpen AccountUnited Kingdom, Belarus2013LondonFCASTP1:200 (1:30 EU)$1000.01VariableFrom $0Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, ETFs, CFDsMetaTrader 4, Fortrader, Web Platform, Mobile PlatformWire Transfer, Credit Card, Skrill, PayPal, TrustlyEUR, GBP, USDPhone, Chat, EmailFortrade accept clients from most countries excluding residents of the United States, Japan or Belgium and any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.NoFortrade Review
Plus500 LogoPlus500Open AccountAustralia, United Kingdom, Cyprus, Singapore2008London, Sydney, Limassol, SingaporeFCA, ASIC, CySEC, MAS, FMA, FSCAECN, STP1:300 (1:30 EU)$100VariableVariableNoneCFDs on Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, ETFsPlus500, Web Platform, Mobile PlatformWire Transfer, Credit Card, Skrill, PayPalEUR, GBP, USDChat, EmailPlus500 is available in more than 50 countries and in more than 30 languages. There are some countries where they cannot offer trading services due to strict regulatory requirements, this includes the United States.NoPlus500 Review
IQ Option LogoIQ OptionOpen AccountCyprus2013NicossiaCySECMarket Maker1:30$100.01VariableFrom $0FX Options & CFDs on Forex, Stocks, Crypto, Commodities, Indices & ETFsIQ Option, Web Platform, Mobile PlatformWire Transfer, Credit Card, Skrill, Neteller, WebMoney, Perfect Money, Yandex Money, Qiwi, Sofort, Giropay, AstroPayUSD, GBP, EUR, ZAR, RUBPhone, Chat, EmailIQ Option accepts clients from all across the globe excluding some countries where there are restrictions in place such as the USA, Canada, Australia, Russia, Belgium, Israel, Palestine, Japan, Sudan, Syria, Iran, North Korea.NoIQ Option Review
RoboForex LogoRoboForexOpen AccountBelize2009Belize CityIFSCMarket Maker, ECN, STP1:1000 (1:30 EU)$100.01VariableFrom $0 - $20Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, ETFs, CFDsMetaTrader 4, MetaTrader 5, R Trader, cTrader, Web Platform, Mobile PlatformWire Transfer, Credit Card, Skrill, Neteller, Fasapay, UnionPay, WebMoney, Trustly, Qiwi, ePayments, iDeal, Sofort, Bitcoin, PoliEUR, USD, CNY, RUB, BTC, ETH, GOLDPhone, Chat, EmailRoboForex do not provide services to residents of the USA, Canada, Japan and Australia.NoRoboForex Review
24option Logo24optionOpen AccountCyprus, Belize2009Cyprus, BelizeCySEC, IFSCMarket Maker1:400 (1:30 EU)$2500.01VariableNoneForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, ETFs, CFDsMetaTrader 4, 24option, Web Platform, Mobile PlatformWire Transfer, Credit Card, Skrill, Neteller, Giropay, Qiwi, AstroPay, Sofort, iDealEUR, GBP, JPY, RUBPhone, Chat, Email24option accepts traders from most countries excluding Belgium, Iran, China, Bosnia And Herzegovina, Israel, France, Japan, Australia, Canada, United States, India, Nigeria, Brazil, Switzerland and some others where there are strict restrictions in place.No24option Review
Vantage FX LogoVantage FXOpen AccountCayman Islands, Australia, United Kingdom2009Grand Cayman, Sydney, LondonCIMA, SIBL, FCA, ASICECN, STP1:500 (1:30 EU)$2000.01VariableFrom $0 - $3Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, CFDsMetaTrader 4, MetaTrader 5, Web Platform, Mobile PlatformWire Transfer, Credit Card, Skrill, Neteller, UnionPayAUD, USD, EUR, GBP, SGD, JPY, NZD, CADPhone, Chat, EmailVantage FX offer trading services to clients from most countries excluding residents of certain jurisdictions such as the United States, North Korea, Japan and some other regions.NoVantage FX Review
FXDD LogoFXDDOpen AccountMalta, Mauritius2002Floriana, EbeneMFSA, FSCECN, Market Maker1:200 (1:30 EU)$100.01VariableFrom $0 - $3Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, CFDsMetaTrader 4, MetaTrader 5, FXDD WebTrader, Web Platform, Mobile PlatformWire Transfer, Credit Card, Neteller, UnionPayUSD, EUR, GBP, JPY, CHF, BTCPhone, Chat, EmailFXDD accepts clients from most countries excluding the USA and some other jurisdictions where there are strict regulations in place.NoFXDD Review
TeleTrade LogoTeleTradeOpen AccountCyprus1994Cyprus, Portugal, Italy, Lithuania, Latvia, Czech Republic, Hungary, Poland, RomaniaCySECECN, STP1:500 (1:30 EU)$1000.01VariableFrom $0Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, ETFs, CFDsMetaTrader 4, MetaTrader 5, Web Platform, Mobile PlatformWire Transfer, Credit Card, Neteller, Skrill, FasaPay, UnionPayUSD, EURPhone, Chat, EmailTeleTrade offers its trading services within EEA states (except Belgium) under the MiFID passporting regime, and subject to applicable legal restriction, to residents of Indonesia, Kenya, Mexico, People’s Republic of China, Russian Federation, Ukraine, and Vietnam. They do not provide services to residents of the USA.NoTeleTrade Review
Libertex LogoLibertexOpen AccountCyprus1997LimassolCySECSTP1:600 (1:30 EU)$1000.01Fixed, VariableFrom $0Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, ETFs, CFDsMetaTrader 4, Libertex, Web Platform, Mobile PlatformWire Transfer, Credit Card, Neteller, Skrill, Sofort, iDeal, Giropay, Trustly, Przelewy, MultibancoEURPhone, Chat, EmailLibertex has clients in over 110+ countries across the globe and whilst they accept clients from most, there are some limitations for certain countries due to strict regulations.NoLibertex Review
ActivTrades LogoActivTradesOpen AccountUnited Kingdom2001London, Milan, Sofia, NassauFCA, SCBSTP1:400 (1:30 EU)$1000.01VariableFrom $0Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, ETFs, Spread Betting, Options, CFDsMetaTrader 4, MetaTrader 5, ActivTrader, Web Platform, Mobile PlatformWire Transfer, Credit Card, Neteller, Skrill, PayPal, SofortGBP, EUR, USD, CHFPhone, Chat, EmailActivTrades can accept traders from all over the world, excluding the USA, Canada and some other countries from the OFAC list.NoActivTrades Review
Swissquote LogoSwissquoteOpen AccountUnited Kingdom, Switzerland, Malta, UAE, Hong Kong1996London, Gland, Zürich, Bern, Dubai, Malta, Hong KongFINMA, FCA, MFSA, DFSA, SFCSTP1:100 (1:30 EU)$10000.01VariableNoneForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, ETFs, CFDsMetaTrader 4, MetaTrader 5, Advanced Trader, Web, MobileWire Transfer, Credit CardGBP, EUR, USD, CHFPhone, Chat, EmailSwissquote trading services are not available to some countries including Algeria, Belgium, Canada, China, France, Hong-Kong, Iran, Iraq, Japan, North Korea, Nigeria, Saudi Arabia, Singapore, Syria, Turkey, USA, Zimbabwe.NoSwissquote Review
Blueberry Markets LogoBlueberry MarketsOpen AccountAustralia2016SydneyASICECN, STP1:500$1000.01VariableFrom $0 - $7Forex, Commodities, Indices, Metals, Energies, CFDsMetaTrader 4, Web Platform, Mobile PlatformWire Transfer, Credit/Debit Card, Skrill, Poli, UnionPay, FasaPayAUD, USD, CAD, GBP, NZD, EUR, SGDPhone, Chat, EmailBlueberry Markets accept clients from around the globe apart from a few countries including the USA and Japan due to regulatory constraints or Anti-Money Laundering/Counter-Terrorism Financing (AML/CTF) deficiencies.NoBlueberry Markets Review
Key to Markets LogoKey to MarketsOpen AccountNew Zealand, United Kingdom, United Arab Emirates2010 Auckland, London, DubaiFCA, DMCCECN1:500$1000.01VariableFrom $0 - $8Forex, Commodities, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDsMetaTrader 4, FIX API, Web Platform, Mobile PlatformWire Transfer, Credit/Debit Card, Skrill, Neteller, UnionPay, SticPay, Postepay, SepaUSD, EUR, CHFPhone, Chat, EmailWhilst traders from most countries are welcome, Key to Markets do not offer any services to residents of New Zealand, USA, Iran, North Korea and certain other countries where restrictions may apply.NoKey to Markets Review
Fusion Markets LogoFusion MarketsOpen AccountAustralia2017MelbourneASICECN1:500$00.01VariableFrom $0 - $4.50Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, CFDsMetaTrader 4, MetaFX, Web Platform, Mobile PlatformWire Transfer, Credit/Debit Card, UnionPay, BpayUSD, EUR, AUD, JPY, GBP, SGDPhone, Chat, EmailFusion Markets do not accept clients from Burma, Côte d’Ivoire, Democratic People’s Republic of North Korea, Democratic Republic of the Congo, Eritrea, Former Federal Republic of Yugoslavia, Ghana, Iran, Iraq, Lebanon, Liberia, Libya, Japan, New Zealand, United States of America, Somalia, Sudan, Syria, and Zimbabwe.NoFusion Markets Review
Valutrades LogoValutradesOpen AccountUnited Kingdom2012LondonFCAECN, DMA1:500 (1:30 EU)$500.01VariableFrom $0 - $6Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, CFDsMetaTrader 4, MetaTrader 5, FIX API, MetaFX, Web Platform, Mobile PlatformWire Transfer, Credit/Debit Card, Skrill, Neteller, UnionPayAUD, CHF, EUR, GBP, JPY, USD, ZAR, NZDPhone, Chat, EmailValutrades accept clients from most countries excluding the United States and some other countries where there are strict laws and regulations in place preventing them from doing so.NoValutrades Review
GO Markets LogoGO MarketsOpen AccountAustralia2006Melbourne, London, Taipei, Hong KongASICECN, STP1:500$2000.01VariableFrom $0 - $6Forex, Cryptocurrency, Commodities, Stocks, Shares, Indices, Metals, Energies, CFDsMetaTrader 4, MetaTrader 5, FIX API, Web Platform, Mobile PlatformWire Transfer, Credit/Debit Card, Skrill, Neteller, Fasapay, bPay, PoliUSD, SGD, CHF, CAD, HKD, AUD, EUR, GBP, NZDPhone, Chat, EmailGO Markets accepts clients from all over the world, excluding some countries where there are certain restrictions in place such as the USA, Canada, New Zealand, Belgium, Japan, Israel, Turkey, Vietnam, Puerto Rico, Afghanistan, Azerbaijan, Bosnia and Herzegovina, Burundi, Central African Rep, Congo, Cote D’Ivoire , Ethiopia, Eritrea, Egypt, Gaza Strip, Haiti, Iran, Iraq, Lebanon, Libya, Myanmar, North Korea, Pakistan, Serbia, Sierra Leone, Somalia, Sri Lanka, Sudan, South Sudan, Syria, Trinidad and Tobago, Tunisia, West Bank, Ukraine, Vanuatu, Venezuela, Yemen, Zimbabwe.NoGO Markets Review
eToro LogoeToroOpen AccountAustralia, Cyprus, United Kingdom2006 Sydney, London, Limassol, Tel Aviv, Moscow, ShanghaiASIC, FCA, CySECMarket Maker1:400 (1:30 EU)$2000.01VariableFrom $0Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, ETFs, CFDseToro Web, eToro MobileWire Transfer, Credit/Debit Card, PayPal, Skrill, Neteller, UnionPay, WebMoney, Yandex Money, Giropay, WirecardUSD, EUR, GBP, JPY, AUD, RUB, CNH, CADPhone, EmaileToro accepts clients from all over the world, excluding some countries such as the USA, Canada, Japan, Brazil, Turkey, North Korea, Iran, Cuba, Albania, Serbia, Sudan and Syria.NoeToro Review
Nadex LogoNadexOpen AccountUnited States2009ChicagoCFTCExchangeN/A$2500.01N/AFrom $1Forex, Commodities, Stocks, Indices, Metals, Energies, OptionsNadex Desktop, NadexGOWire Transfer, Debit Card, ACH, Paper CheckUSDPhone, EmailNadex accepts citizens and residents of the United States as clients. They also accept residents of most European countries along with some other countries. Unfortunately, traders from most Asian, African, and South American nations are not eligible to trade with them at this time.YesNadex Review
Trading 212 LogoTrading 212Open AccountBulgaria, United Kingdom2016LondonFCA, FSCMarket Maker1:300$10.01VariableNoneForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, ETFs, ISAs, CFDsTrading 212 Web, Trading 212 MobileWire Transfer, Credit Card, Debit Card, Apple Pay, Google Pay, Skrill, Dotpay, Giropay, SafetyPay, Carte Bleue, Mister Cash, Direct eBanking, CashU, UnionPayEUR, GBP, USDPhone, Chat, EmailWhilst Trading 212 welcome clients from most countries, they are unable to provide services to residents of the United States or any other countries and jurisdictions where there are certain restrictions in place.NoTrading 212 Review
Alvexo LogoAlvexoOpen AccountCyprus2016LimassolCySEC, FSAECN1:300 (1:30 EU)$5000.01VariableFrom $0 - $9Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDsMetaTrader 4, Alvexo WebTrader, Alvexo Mobile AppWire Transfer, Credit Card, Debit Card, WebMoney, CashUEUR, USDPhone, EmailWhilst Alvexo welcomes clients from across the globe, they are unable to accept traders from the United States and some other countries where there are stringent regulations in place.NoAlvexo Review
FXGiants LogoFXGiantsOpen AccountAustralia, Bermuda, United Kingdom2015London, SydneyFCA, ASICECN, STP1:1000 (1:30 EU)$1000.01Variable, FixedFrom $0 - $7Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, CFDsMetaTrader 4, Web Platform, Mobile PlatformWire Transfer, Credit Card, Debit Card, FasaPay, UnionPayUSD, EUR, GBP, AUD, JPY, CHF, PLN, CZK, HUFPhone, Chat, EmailFXGiants do not offer trading services to residents of certain jurisdictions including USA, Iran, Cuba, Sudan, Syria and North Korea.NoFXGiants Review

How to compare trading brokers?

Traders rely on the services of an online trading broker to trade the markets. With new brokers constantly coming online, choosing the best broker for your needs requires a lot of research and patience. To save you time and help new traders, we have identified some of the key aspects that every trader must evaluate when choosing a trading broker.

Regulatory Authority

It is important to know in which country the broker operates from and if they have regulation from the relevant authorities. Not all regulations and licenses give the same protection. It would be a good idea to look up and verify the brokers regulatory license.

The most trusted and reliable brokers are regulated which ensures that they must operate with the upmost transparency and fairness. These regulatory authorities are to protect the interest of traders whilst upholding the rules that dictate how brokers should conduct their operations. They monitor the activity of brokers under their jurisdictions to prevent abuse, fraud and manipulations. The regulatory authorities you should look for are:

  • Australia: Australian Securities and Investment Commission (ASIC) and Australian Financial Services Licence (AFSL)
  • Austria: Austrian Financial Market Authority (FMA)
  • Bahamas: Securities Commission of The Bahamas (SCB)
  • Belarus: National Bank of the Republic of Belarus (NBRB)
  • Belize: International Financial Services Commission of Belize (IFSC)
  • British Virgin Islands: British Virgin Islands Financial Services Commission (BVI)
  • Bulgaria: Financial Supervision Commission (FSC)
  • Canada: Autorité des Marchés Financiers (AMF)
  • Cayman Islands: Cayman Islands Monetary Authority (CIMA) and Securities Investment Business Law (SIBL)
  • Croatia: Croatian Financial Services Supervisory Agency (HANFA)
  • Cyprus: Cyprus Securities and Exchange Commission (CySEC)
  • Czech Republic: Czech National Bank (CNB)
  • Denmark: Danish Financial Supervisory Authority (DFSA)
  • Dubai: Dubai Financial Services Authority (DFSA), Dubai Multi Commodities Centre (DMCC)
  • Estonia: Estonian Financial Supervision Authority (EFSA)
  • Finland: Finnish Financial Supervisory Authority (FIN-FSA)
  • France: Autorité des Marchés Financiers (AMF), French Prudential Supervision and Resolution Authority (ACPR), The Financial Agents Register (Regafi)
  • Germany: Bundesanstalt für Finanzdienstleistungsaufsicht (BaFIN)
  • Greece: Hellenic Capital Market Commission (HCMC)
  • Hong Kong: Securities & Futures Commission (SFC)
  • Hungary: Hungarian National Bank (MNB)
  • Iceland: Financial Supervisory Authority of Iceland (FME)
  • Ireland: Central Bank of Ireland (CBOI)
  • Italy: Commissione Nazionale per le Società e la Borsa (CONSOB)
  • Japan: Financial Services Agency (FSA)
  • Latvia: Financial and Capital Market Commission (FCMC)
  • Liechtenstein: Financial Market Authority Liechtenstein (FMAL)
  • Lithuania: Central Bank of the Republic of Lithuania (CBRL)
  • Luxembourg: Financial Sector Supervisory Commission (CSSF)
  • Malta: Malta Financial Services Authority (MFSA)
  • Mauritius: Financial Services Commission (FSC)
  • Netherlands: Netherlands Authority for the Financial Markets (AFM)
  • New Zealand: Financial Markets Authority (FMA), Financial Services Provider Registry (FSPR) and Financial Services Complaints Limited (FSCL)
  • Norway: Financial Supervisory Authority of Norway (NFSA)
  • Poland: Komisja Nadzoru Finansowego (KNF)
  • Portugal: Portuguese Securities Markets Commission (CMVM)
  • Romania: Romanian Financial Supervisory Authority (ASF)
  • Seychelles: Seychelles Financial Services Authority (FSA)
  • Singapore: Monetary Authority of Singapore (MAS)
  • Slovakia: Central Bank of the Slovak Republic (NBS)
  • Slovenia: Slovenian Securities Market Agency (ATVP)
  • South Africa: Financial Sector Conduct Authority (FSCA) and Financial Services Board (FSB)
  • Spain: Comision Nacional del Mercado de Valores (CNMV)
  • St. Vincent and the Grenadines: Financial Services Authority St. Vincent and the Grenadines (SVGFSA)
  • Sweden: Swedish Financial Supervisory Authority (SFSA)
  • Switzerland: Swiss Federal Banking Commission (SFBC), Swiss Federal Financial Market Supervisory Authority (FINMA)
  • Turkey: Capital Markets Board of Turkey (CMB)
  • United Kingdom: Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA)
  • United States: National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC)
  • Vanuatu: Vanuatu Financial Services Commission (VFSC)

Many regulators have an investor compensation scheme that will protect deposits up to a certain amount if the broker was to become insolvent and overly exposed to the markets. This gives added peace of mind to clients. All brokers listed on this website must be regulated, some will be regulated by more than one regulatory authority.

UK brokers must comply with the strict regulation and compliance guidelines of the Financial Conduct Authority (FCA). Australian brokers must be registered with the Australian Securities and Investment Commission (ASIC). US brokers need to be registered with the National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC). When choosing a broker, it is best practice to make sure that they are regulated by one of the major regulatory authorities.

Company Profile

It is a wise idea to check how long the broker has been providing its services and how proven their track record is. You should read all agreements with a fine-tooth comb as part of the due diligence process.

Broker Location

Wherever you live in the world you will want to ensure that the broker offers its services in your country. Some jurisdictions have tougher rules/regulations than others and this can place some obstacles in your way when opening a trading account.

Our trading broker reviews contain brokers that allow traders across the globe the hassle-free opening of a trading account, the funding of that account and the withdrawing of any earnings. We include brokers in the United States, UK, Australia and the rest of the world. You can use our broker comparison tool to identify brokers who offer services to your country.

The location can impact the regulatory authority of a broker. Trading brokers located in the United States, UK and Australia who are regulated, have some of the strictest regulation rules that they must follow which make them a popular choice amongst traders

Markets

Each trading broker will offer a wide range of different markets for you to trade such as forex, stocks, indices, CFDs, energies, precious metals and cryptocurrencies. If there is a particular trading instrument that you plan to trade, check that it is offered by the broker. It is also worth considering what other markets they offer if you plan to branch into other market in the future. E.g. You may want to trade forex currencies now but if the broker also offers CFDs you will have access to them should you wish.

Trading Platforms

The most popular trading platforms are MetaTrader 4/5 and cTrader. Consider what trading platform you would like to use and if you need desktop, web or mobile options.

The trading platform will allow you to execute trades through a broker so you should ensure that the trading platform is reliable and easy to use. The majority of brokers listed on this website offer the most popular and user-friendly trading platforms – MetaTrader 4 (mt4) and cTrader. These platforms are free and available via desktop, web and mobile. If you plan to trade on the go, then make sure the broker provides mobile platforms.

With these trading platforms, you can follow multiple currency pairs across multiple timeframes. You can set alerts for trading signals via notifications, emails and SMS. Some brokers provide additional trading tools to assist with your trading. Most brokers will allow you to trades on one account across multiple platforms and markets.

Trading Accounts

Most brokers will offer different account types to traders depending on your deposit size and requirements. These can be standard, mini or micro accounts. Each account type will have its benefits and disadvantages. Whilst a micro account will tend to require a smaller deposit, the leverage may be limited and the spreads higher. A standard account may provide more trading instruments and lower commissions.

Some brokers will offer fixed and variable spread accounts. A fixed spread account can help control trading costs but during times of low market volume and news releases, the spreads can still increase. A variable spread account will tend to have lower spreads overall due to the direct access to raw spreads provided by liquidity providers.

Fixed spread accounts are not always a sustainable model as actual spreads may be greater than the fixed spread set by a broker. When using a fixed spread trading account, you should check the small print as they are not always fixed 24/5 especially around economic releases or hours of low liquidity.

Nearly all brokers will offer a free demo account. As trading is very risky it is always best to practice on a demo account before opening a real account.

Deposits & Withdrawals

Every broker has their own policies on handling client deposits and withdrawals. Some brokers require funding trading accounts via bank transfer whilst others are more flexible and accept payment providers such as PayPal and Skrill which can make the process faster. Use a broker which provides payment methods which are the most convenient and cost effective for you. Check what currency options are offered as conversion fees do not usually apply when using an account in your own currency.

Trading Fees

Brokers make money through the spread and commission that traders must pay for using their services. The spread is the difference between the bid/ask (buy/sell) prices. Commission is usually fixed depending on the volume traded whilst the spread can vary depending on liquidity. The lower the commission and spreads, the less your trading costs will be. Some brokers will charge no commission but add a mark-up to the spread. Be aware of additional fees such as those applied to deposits and withdrawals.

You need to factor commission into your trading costs. If the broker does not charge a commission then consider how much mark-up they will put on the spreads and if this will impact your trading strategy. When a broker charges a commission, they tend to offer variable spreads which will vary depending on the liquidity pools that they use, without any mark-up. This will often mean lower spreads and overall trading costs, even after the brokers commission fee is factored in.

Leverage

Leverage determines the maximum position size that you can open on your trading account. If you had an account of $1,000 and leverage of 1:50, you would be able to open positions of up to $50,000 (account multiplied by leverage). Whilst high leverage allows you to trade with more than you would otherwise, it also increases risk. Make sure that you have a clear understanding of leverage and the high risks involved with trading before you start.

Margin

Margin is the amount of funds you would need to allocate in order to take a leveraged position with your broker. This is a deposit kept to cover potential losses and is used to keep your positions open. The more margin that you have available, the more positions you can take. Using too much margin can cause a margin call as you may not be able to cover potential losses.

Orders

Whilst most trading brokers offer instant market orders, make sure they allow stop and limit orders if you plan to use these. Consider if they have restrictions on the distance from current price when placing orders. If you plan to hedge, scalp or use automated software, check they allow this.

Spreads

If the broker uses an STP/ECN model with no dealing desk then spreads come direct from the liquidity providers and are thus likely to be lower than those of a market maker broker who add a mark-up to their spreads.

Execution

Consider if the brokers execution policy is suited to your trading style. If you need the lowest possible spreads and fast execution then you may consider an ECN/STP broker.

Trading Tools

Brokers can offer a wide range of trading tools that you can use to assist with your trading. These include technical analysis tools for identifying potential trading opportunities, economic calendars for keeping up to date with market news, daily analysis and more. These are usually provided free to clients or for a small fee.

Check what trading tools are available and if they are free to clients or come at an extra cost. These tools can help analyse the markets, make trading more efficient and allow you to keep up to date with the latest market news releases.

Education

Some brokers can provide free educational material to help improve your trading knowledge. If you are new to trading, this can be beneficial and help you get started on your trading journey at no extra cost. Education can include how to guides, video tutorials, webinars and a dedicated team member to answer all of your questions.

If you are a beginner then the more educational materials provided the better. Even the more advanced traders can find useful educational articles, videos and webinars from some brokers.

Customer Service

Some trading instruments are available to trade 24 hours a day and a trading broker’s clientele may be located in different locations across the globe. It is therefore important that the broker provides at least 24/5 support to get assistance whenever you need it. Support is usually available via phone, live chat and email. Use a broker that provides the most convenient support method for you and in your language.

Those new to trading will want to have better access to both dealing support and technical support. See what services each broker provides and whether it will suffice for your purposes.

Check when the customer service team is available, how they can be connected and what languages support is offered in. Consider if you are in a country with a different time zone how this will affect response times.

Managed Accounts

Some trading brokers will offer managed accounts where you can copy signals or invest with other traders. If this is something you would like to do, check if this is part of the brokers service.

Data Security

Brokers should encrypt client’s data using SSL-encryption or the equivalent. You want your data to be stored safely with high security and protection in a worst-case scenario.

Account Opening

Hopefully you now have a good idea of the key things to consider when comparing trading brokers. All of the brokers listed on this website are regulated, established and have undergone our in-depth broker analysis procedure.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Still unsure what broker to use?

If you need some inspiration to help choose an online broker, see our best trading brokers.