Click on the column titles to list the brokers according to a particular category.
FOREX BROKER Forex Broker | Year Launched | Country | Regulated by | Free Demo | Other Languages | ECN/STP | Islamic Accounts | Contests |
---|---|---|---|---|---|---|---|---|
AvaTrade | 2006 | Ireland | MiFID, ASIC, CBFSAI | o | o | n | oYes | |
Dukascopy EU | 1999 | Latvia | MiFID, FCMC | o14 Days | o | o | oYes | oYes |
ETX Capital | 2002 | UK | MiFID, FCA | o14 Days | o | n | ||
FBS | 2009 | Belize | IFSC, CRFIN | oUnlimited | o | o | o | o |
Forex4You | 2007 | British Virgin Islands | FSC BVI | oUnlimited | o | o | o | |
FxOpen | 2005 | New Zealand | FSPR, FCA, ASIC | o14 Days | o | o | oYes | |
IfcMarkets | 2006 | UK-V.Isl / Cyprus | FSC BVI, FSC-nz | oUnlimited | o | o | ||
Exness | 2009 | Cyprus/Russia | CySEC/CRFIN (Russia) | oUnlimited | Yes | |||
Gulliver FX | 2012 | UK | FCA | o Unlimited | o | n | ||
HotForex | 2010 | Cyprus / Republic of Mauritius | MiFID, CySEC, FSC | oUnlimited | o | o | o | oYes |
InstaForex | 2007 | Russia | FFMS | oUnlimited | o | n | o | oYes |
Iron FX | 2010 | Cyprus | MiFID, CySEC, FCA | o Unlimited | o | o | o | oYes |
LiteForex | 2005 | Seychelles Islands | IBAS | oUnlimited | o | o | oYes | |
Traders-trust | 2009 | Cyprus | CySEC | oUnlimited | o | n | o | |
Markets.com | 2009 | Cyprus | MiFID, CySEC, FCA | o30 Days | o | n | o | |
OctaFx | 2011 | St. Vincent and the Grenadines | n | oUnlimited | o | o | oYes | |
Pepperstone | 2010 | Australia | ASIC | o30 Days | n | o | ||
Plus500 | 2009 | UK | Authorised and regulated by the Financial Conduct Authority | oUnlimited | o | n | ||
Vantage FX | 2010 | Australia | FCA, ASIC | o 30 Days | o | o | ||
XM | 2009 | Cyprus | MiFID, CySEC, FCA, ASIC, FSP | oUnlimited | o | n | o |
>>
Name | Social Trading | Social PAMM | ZuluTrade | Tradency | Currensee | Autochartist | Trading Central | Free VPS |
---|---|---|---|---|---|---|---|---|
AvaTrade | oYes | o | o | |||||
Dukascopy EU | ||||||||
ETX Capital | o | o | ||||||
FBS | ||||||||
Forex4You | oShare4You | o | oYes | |||||
FxOpen | o | o | o | |||||
IfcMarkets | oPortfolio Trading | o | o | |||||
Exness | ||||||||
Gulliver FX | o | o | o | o Yes | ||||
HotForex | o | o | oYes | |||||
InstaForex | o | |||||||
Iron FX | oMyfxbook, Sirix | oYes | ||||||
LiteForex | oSirix | o | ||||||
Traders-Trust | ||||||||
Markets.com | oSirix | o | o | o | o | |||
OctaFX | ||||||||
Pepperstone | oMyfxbook | |||||||
Plus500 | ||||||||
Vantage FX | o FX Copy | o | o | o | ||||
XM | o | oYes |
Note: Although deposit minimums listed below are listed in US dollars or in euros, these brokerage firms usually welcome traders from any country, no matter what your national currency is. Use the Forex-Central.net currency converter to calculate these minimums in your currency.
Forex Broker | Min. Deposit | Bank | Bonus | BT* | CC* | CH* | PP* | MB* | WB* | CU* | WU* | AP* | EG* | NT* | MG* |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
AvaTrade | 100€/$/£ | Commerzbank Germany |
oYes | o | o | o | o | o | o | o | o | ||||
Dukascopy EU | 100€/$/£ | Dukascopy Bank SA- Suisse | o | o | |||||||||||
ETX Capital | 200€/$/£ | o | o | o | |||||||||||
FBS | $1 | Baltikums | o | o | o | o | o | o | o | o | o | ||||
Forex4You | 1€/$/£ | OCBC Bank, BES, PPF Banka, ABLV | o | o | o | o | o | o | |||||||
FxOpen | 1€/$/£ | Baltikums Latvia | o | o | o | o | o | o | |||||||
IfcMarkets | 1$/800¥ | OCBC Bank, PPF Banka, ABLV | o | o | o | o | o | ||||||||
Exness | $1 | ||||||||||||||
Gulliver FX | 25€/$/£ 2000¥ | o | o | ||||||||||||
HotForex | 5€/$/£ | Barclays Mauritius | o | o | o | o | o | o | o | ||||||
InstaForex | 1€/$ | Hellenic Bank Russia | o | o | o | o | o | o | |||||||
Iron FX | 50€/$ | UBS, Barclays, BNP Paribas | o | o | o | o | o | ||||||||
LiteForex | 1€/$ | o | o | o | o | o | o | ||||||||
Traders-Trust | 100€/$/£ | o | o | o | o | ||||||||||
Markets.com | 100€/$ | o | o | o | o | ||||||||||
OctaFX | 5€/$/£ | o | o | o | o | ||||||||||
Pepperstone | 200€/$/£ | Local bank transfers | o | o | o | o | |||||||||
Plus500 | 100€/$/£ | o | o | o | o | o | |||||||||
Vantage FX | $100 (AUD) | National Australia Bank | o | o | o | ||||||||||
XM | $5 | Barclays Cyprus | o | o | o | o | o | o | o |
* (BT: Bank Transfer) - (CC: Credit Card) - (CH: Check) - (PP: Paypal) - (MB: Moneybookers/Skrill) - (WB: WebMoney) - (CU: CashU) - (WU: Western Union) - (AP: Alertpay) - (EG: e-gold) - (NT: Neteller) - (MG: Moneygram)
Forex Broker | Currencies | Metals | Commodities | Stock CFDs | Index CFDs | Funds / ETF | Options | Bonds |
---|---|---|---|---|---|---|---|---|
AvaTrade | o48 pairs | o 3 | o 11 | o 53 | o 21 | o | o Yes | o |
Dukascopy EU | o24 pairs | o 2 | oYes | |||||
ETX Capital | o51 pairs | o 5 | o 75 | o 2983 | o 40 | o 77 | oYes | |
FBS | o28 pairs | o 2 | ||||||
Forex4You | o51 pairs | o 2 | o 5 | o 36 | o 6 | |||
FxOpen | o28 pairs | o 2 | ||||||
IfcMarkets | o72 pairs | o 2 | o 5 | o 29 | o 8 | |||
Exness | o120 pairs | o3 | ||||||
Gulliver FX | o 22 pairs | |||||||
HotForex | o45 pairs | o 5 | o 4 | o 34 | o 12 | |||
InstaForex | o109 pairs | o5 | o 14 | o 34 | o | |||
Iron FX | o120 pairs | o5 | o 7 | o 52 | o 10 | |||
LiteForex | o42 pairs | o 2 | o 31 | |||||
Traders-Trust | o45+ pairs | o 2 | o 5 | o 29 | o8 | |||
Markets.com | o44 pairs | o 2 | o 8 | o 78 | o 21 | o | ||
OctaFX | o28 pairs | o 2 | ||||||
Pepperstone | o52 pairs | o 2 | ||||||
Plus500 CFDs ONLY! | o51 pairs | o 3 | o 7 | o 1348 | o 18 | o 74 | ||
Vantage FX | o 32 pairs | o 2 | o 1 | o 6 | o | |||
XM | o54 pairs | o 2 | o 5 | o9 |
Spread in pips * | EUR/USD | EUR/GBP | GBP/USD | EUR/CHF | USD/CAD | USD/CHF | USD/JPY | GBP/JPY | EUR/JPY | AUD/USD | Gold |
---|---|---|---|---|---|---|---|---|---|---|---|
AvaTrade | 1 - 3 | 1.9 - 3 | 1.8 - 4 | 1.7 - 4 | 1.8 - 4 | 2 - 4 | 0.9 - 3 | 3.3 - 7 | 1.8 - 4 | 1.8 - 4 | 60 |
ETX Capital | 0.7 - 1.4 | 1.5 - 1.8 | 0.9 - 2 | 2.4 - 2.6 | 2.6 - 3 | 0.9 - 2.4 | 0.9 - 1.8 | 3.9 - 4 | 0.9 - 2.2 | 0.9 - 1.5 | 40 - 60 |
FBS | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 10 |
Forex4You | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 6 | 3 | 3 | 100 |
FxOpen | 2 | 3 | 3 | 3 | 4 | 3 | 2 | 7 | 3 | 3 | 100 |
IfcMarkets | ~ 1.8 | ~ 1.8 | ~ 2 | ~ 2.5 | ~ 3 | ~ 2 | ~ 1.8 | ~ 5.5 | ~ 2.5 | ~ 2 | 45 |
Exness | ~0.10 | ~0.20 | ~0.10 | ~1.00 | ~0.80 | ~0.50 | ~0.30 | ~1.50 | ~1.00 | ~0.80 | 4.20 |
Gulliver FX | 3 | 4 | 4.5 | 4 | n/a | 4 | 2.5 | 4 | 3 | 4 | n/a |
HotForex | ~ 1.6 | ~ 1.7 | ~ 2.5 | ~ 2.4 | ~ 1.9 | ~ 1.9 | ~ 1.7 | ~ 3.6 | ~ 1.9 | ~ 1.7 | ~ 32 |
InstaForex ** | 3 | 3 - 5 | 3 | 3 - 5 | 3 | 3 | 3 | 7 | 3 | 3 | 100 |
Iron FX | 0.7 - 1.8 | 0.9 - 2 | 0.8 - 2.3 | 1 - 2.5 | 1.3 - 2.7 | 1.3 - 2.6 | 0.8 - 2.2 | 2.7 - 4.4 | 1.1 - 2.5 | 1 - 2.5 | 50 - 60 |
LiteForex | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 7 | 3 | 3 | 75 |
Traders-Trust | 1.8 | 2.6 | 2.2 | 3.40 | 2.30 | 2.40 | 2 | 3.70 | 3.20 | 2.30 | 75 |
Markets.com | ~ 2.2 | ~ 3.1 | ~ 2.8 | ~ 3.9 | ~ 3.6 | ~ 2.9 | ~ 2.4 | ~ 5.3 | ~ 3 | ~ 3.1 | 70 |
OctaFX | 0.2 - 1.8 | 0.4 - 1.6 | 0.4 - 2.6 | 0.6 - 4.4 | 0.4 - 2.6 | 0.3 - 3.7 | 0.3 - 1.7 | 0.8 - 4.2 | 0.4 - 2.6 | 0.8 - 2.2 | 50 - 80 |
Pepperstone | 0.5 - 1.8 | 1 - 2.4 | 1 - 2.2 | 1.2 - 4.4 | 1.1 - 2.4 | 1 - 2.9 | 1 - 1.7 | 1 - 3.2 | 1 - 2.2 | 1 - 1.8 | 60 - 70 |
Plus500 CFDs ONLY! | 2 | 5 | 4 | 4 | 5 | 5 | 2 | 9 | 5 | 5 | 60 |
Vantage FX | ~ 1 | ~ 2.3 | ~ 2 | n/a | ~ 3 | ~ 1.5 | ~ 5 | ~ 5 | ~ 3.4 | ~ 1.5 | ~ 50 |
XM | ~ 1.9 | ~ 2.5 | ~ 2.6 | ~ 3.1 | ~ 2.6 | ~ 2.5 | ~ 2 | ~ 5.4 | ~ 2.7 | ~ 2.5 | ~ 50 |
* With some brokers, spreads are variable. They depend on current market conditions and can change at any time.
** When you open an InstaRebate account, you get a 1.5-pip rebate on each trade, or $15 per standard lot.
DMA/STP brokers | Spread + Commission for 1 standard lot (100k) | Min. Deposit |
---|---|---|
Dukascopy EU | interbank spreads + $1 to $3.50 | 1000€ (or equiv.) |
IfcMarkets (xTrader) | Interbank spreads | 1000€ (or equiv.) |
FxOpen (L2) | interbank spreads + $1.80 to $2.50 | $1000 (or equiv.) |
Hot Forex (Currenex) | interbank spreads + $3 to $5 | $500 (or equiv.) |
Iron FX | interbank spreads | $500 (or equiv.) |
Traders-Trust | interbank spreads + $4.50 | $2000 (or equiv.) |
Pepperstone (Razor) | interbank spreads + $3.76 | 200$/€ |
Vantage FX | spreads starting at 0.4 pips + $3.50 | $2000 AUD (or equiv.) |