Top Algorithmic Trading for 2021

We found 11 online brokers that are appropriate for Trading Algorithmic Trading.

Best Algorithmic Trading Guide

Updated October 25, 2021

Algorithmic Trading

Algorithmic trading is a type of automated trading strategy that makes use of pre-programmed trading rules, accounting for factors like price, time, and volume when making trades. This sort of trading aims to leverage the power and computational capabilities of computers in accordance with real-time market behaviour. Algorithmic trading systems have been around for a long time and they are the subject of numerous ongoing studies and research projects. Algorithmic trading is very similar to Computer aided trading (CAT), however the key difference lies in the use of mathematical programming instead of direct mechanical manipulation of underlying securities. This form of trading avoids the often time-consuming trial-and-error method.

Algorithmic trading strategies attempt to take advantage of certain characteristics of the markets. These characteristics are called parameters of interest (POI) and they are important in any trading system. Algorithmic trading strategies work well in both small and large-scale markets and can be adapted to particular market conditions. Large quantities of trading can be carried out in near real-time, while small quantities of trading can be done on a daily or weekly basis.

Algorithmic strategies are also developed for use in quantitative trading. Quantitative trading deals exclusively with the buying and selling of financial instruments (for example, stocks). In quantitative trading, algorithms attempt to find patterns in the movement of financial products within a larger context. Algorithmic strategies developed for quantitative trading attempt to find trading opportunities in large databases, such as indexes, charts, or market plans.

In the era of automated trading, it is important trading automation is pre-programmed according to the instruction and strategy of professional experienced traders.

Algorithmic trading was devised by professional traders to execute orders based on instructions like timing, pricing and volume.

Algorithmic trading works on complex formulas based on human trading actions and mathematical models to execute buy or sell orders on financial exchanges.

Algorithmic trading became popular after the trading systems widely became computerized. In the 1970s this initiative was seen in the American financial markets. The Designated Order Turnaround (DOT) system was introduced in the New York Stock Exchange for the purpose of order routing from investors to specialists.

About a decade later the systems were enhanced to start accepting electronic trading. During the start of the last decade, more than half of all the trades were executed by the computers.

What Is Algorithmic Trading

Algorithmic trading is when computer programs or software are used to trade on behalf of a trader. This form of trading aims to leverage the power and computational abilities of computers in comparison to human traders themselves. In other words, the goal of these programs is to make more money than humans could make. However, there is much more to algorithmic trading than meets the eye.

One of the main goals of an algorithmic trading strategy is to eliminate the need for human intervention within the entire process of the trade. For instance, in order to place a trade on the Forex exchange, you don't have to monitor the currency pair in question yourself, mentally calculate the risk/reward ratio or watch the market for potential changes in price. Instead, the program does these things for you. This means that while you may be able to set a target limit on the maximum profit you're willing to risk, you'll still be able to completely eliminate the need to take the appropriate actions yourself.

Algorithmic Trading Strategies

Algorithmic trading strategies are the key to profiting from algorithmic trading systems. Trading comes with the risk of losing big money at an alarming pace, so it's important to know what you are doing. Algorithmic trading, especially when trading with momentum, requires a considerable amount of patience, discipline and emotional detachment. The more time you can spend analysing your trading style and implementing your strategy the better off you'll be.

Before delving in depth into the world of algorithmic trading strategies, it's necessary for a trader to have a firm grasp on the terminologies involved. Algorithmic trading is simply the use of software to evaluate and make trades on the basis of market data. It involves making trades with respect to current real-time financial markets. Algorithmic trading strategies employ complex mathematical algorithms to forecast market behaviour. This helps day traders and investors across the globe to make extremely profitable trades.

Trend-following Strategies

Trading with trend-following strategies can provide several advantages, including - increased portfolio diversity, enhanced returns through diversification, increased exposure to an array of global markets and reduced risk.

The main benefit of using trend-following strategies is that they do not rely on guesswork. The investor must have a reliable trading system, which is based on technical analysis. He must also have the discipline to follow his systems rules. There is no quicker way to lose your money than by making risky decisions in unpredictable markets.

Index Fund Rebalancing

An index fund is a type of mutual fund that buys and sells shares of a particular company. The company that funds it is called the underlying fund. An index fund can be made up of one or more types of securities such as stocks, bonds, or commodities. One advantage of index mutual funds is that you can have a large part of your portfolio in the funds and only need to use a fraction of your total investment. Another advantage is that you will get a good performance out of it after you initially make the investment.

Most of the top index fund rebalancing strategies use technical analysis or algorithms. Technical analysis consists of identifying a set of investment algorithms or indicators, using historical data to create trends, comparing the current market conditions with the data, and then drawing conclusions from the comparison. Algorithmic trading is another popular strategy for index fund rebalancing. This is a very complex strategy but it has been proven to be very effective, particularly when the trader has the right tools.

Trading Range

An algorithmic trading range is defined by both a resistance level and a support level, between which the price tends to move. When a particular stock breaks out or drops below its support level, this usually means that there is strong momentum (negative or positive) building within the market. An algorithmic trading range is the point where such a trend becomes apparent and prices begin to move. However, once an algorithmic trading range is crossed, usually for a specific reason, such as the drop of a major stock, a downward trend in the market may resume.

The algorithmic trading range occurs within a range of prices. Such ranges are usually referred to as support and resistance levels within the market. It may happen that trades within a given trading range do not generally exceed the lower and upper bounds of said range at any given time. There is, however, a breakthrough at these low prices when traders begin to move against the advice of the support and resistance levels and begin pushing up. Sometimes the resistance level can be broken but the odds of such an event occurring are not great since the odds of high prices dropping back to low prices are extremely slim, if they occur at all.

Volume-Weighted Average Price strategy

Volume-weighted average price strategy is an algorithmic trading strategy that uses moving averages, statistical distribution of prices and volumes, trend lines and other indicators to identify price patterns within a market. While the most famous use of this form of trend identification is found in Forex trading where it is used to signal short-term directional changes in price, some traders use volume-weighted averages to determine long-term trends and price directions in the markets in which they trade. The concept of using moving averages and volume-weighted averages together in an algorithmic trading strategy stems from the fact that these price indices are normally used to draw trend-based conclusions about market price fluctuations. The data that these price indices draw from may include historical price data, indicators like oscillators or moving averages, and even databases of real-time stock quotes.

Time-Weighted Average Price

Time-weighted average price strategy has been used successfully in the Forex market since its inception and is often considered the 'tried and true' form of algorithmic trading. As implied by the name, this method averages the price of a security rather than the individual ticker. However, there are other factors to consider when combining this form of algorithmic trading with other strategies. Because this algorithmically driven strategy only averages the prices, it is only as good as the trading environment in which it is implemented. Therefore, some types of markets may not be suitable for algorithmic trading strategies such as time-weighted average price strategy.

Percentage of Volume Strategy

The percentage of volume strategy has emerged as a favourite out of many investment strategies. Most of the Forex trading strategies focus on using the support and resistance levels to gain entry into a trade. However, there are certain indicators that can provide signals for these levels to be broken down. Using these indicators, it becomes easier to identify entry and exit points for trades.

In general terms, the aim of this strategy is to apply the average daily trading volume (a.k.a. the real volume) as the main filter for accessing trade opportunities. To make use of the volume indicator, the trader makes an order with either a long or short purchase orders specifying an allowance of either price range. With these two parameters, the trader is alerted to any market price fluctuations. The difference between the long and short sides is referred to as the 'targeted volume'.

Algorithmic Trading DIY

Lately, DIY algorithmic trading has picked up the pace in adoption by traders. Some hedge funds have started crowdsourcing such programs from freelance programmers and high-speed internet has been a blessing to algorithmic trading systems.

The recent developments in artificial intelligence technology is believed to have caused algorithmic trading use to rise higher, as the algorithmic trading software can now have deep learning features and use historical statistics to try to make a trade profitable.

Algorithmic Trading Advantages

With algorithmic trading, the associated costs come down but only if the trading volume is high. This is the reason the algorithmic trading is widely used by big brokerage firms and institutional investors. Typically algorithmic trading is used to create liquidity in the markets.

The order executions are easier and faster with algorithmic trading. Traders can make profits very quickly even at slight changes in the price of stocks and assets. In brief, algorithmic trading investment strategies are suited to rapid buy and sell trades.

Algorithmic Trading Disadvantages

Sometimes quick order execution can turn bad for traders. In volatile circumstances, the strategy may become a problem without the intervention of humans.

The liquidity in certain circumstances disappears quickly and this results in liquidity loss.

Algorithmic Trading Highlights

Algorithmic trading follows pre-programmed rules and executes orders on the strategy of a trader emulated with computer coded algorithms.

The past four decades, algorithmic trading has increased several fold and now more than half of the total trading is done with one type of algorithmic trading system or another.

Algorithmic Trading Verdict

Algorithmic trading is like a blessing to financial market traders as the order is executed automatically, abiding by the pre-programmed strategies of expert traders.

Starting in the 1980s, it has gained popularity and DIY programming has also been used to program investment strategies in recent times.

However, even though the format has several advantages, algorithmic trading cannot guarantee profit all the time. Traders have also experienced losses using algorithmic trading.

We've collected thousands of datapoints and written a guide to help you find the best Algorithmic Trading for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best algorithmic trading below.

Reputable Algorithmic Trading Checklist

There are a number of important factors to consider when picking an online Algorithmic Trading trading brokerage.

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Algorithmic Trading.

We compare these features to make it easier for you to make a more informed choice.

Top 15 Algorithmic Trading of 2021 compared

Here are the top Algorithmic Trading.

Compare Algorithmic Trading min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are algorithmic trading. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more algorithmic trading that accept algorithmic trading clients

Broker eToro IC Markets AvaTrade Pepperstone FXPrimus Axitrader Swissquote forexmart phoenixmarkets ezinvest ETX Capital
Rating
Regulation Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA) Financial Conduct Authority (FCA) Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA)
Min Deposit 50 200 250 200 100 No minimum deposit 1000 1 500 500 100
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 20,000,000+ 180,000+ 200,000+ 89,000+ 10,000+ 10,000+ 300,000+ 10,000+ 10,000+ 10,000+ 10,000+
Benefits
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Offers STP
  • Allows scalping
  • Offers STP
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
Accounts
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Demo account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
Spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
Platforms Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile apps MT4,WEB,desktop MT4,mac,Android.iPhone/iPad MT4,mac,Android.iPhone/iPad MT4, Mac, Mirror Trader, Binary, Tablet & Mobile apps
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
etoro
Sign Up with
icmarkets
Sign Up with
avatrade
Sign Up with
pepperstone
Sign Up with
fxprimus
Sign Up with
axitrader
Sign Up with
swissquote
Sign Up with
forexmart
Sign Up with
phoenixmarkets
Sign Up with
ezinvest
Sign Up with
etxcapital
Risk Warning 67% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 72% of retail investor accounts lose money when trading CFDs with this provider CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits Your capital is at risk Your capital is at risk Your capital is at risk Losses can exceed deposits
Demo eToro
Demo
IC Markets
Demo
AvaTrade
Demo
Pepperstone
Demo
FXPrimus
Demo
Axitrader
Demo
Swissquote
Demo
ForexMart
Demo
Phoenix Markets
Demo
EZINVEST
Demo
ETX Capital
Demo
Excluded Countries ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA BE, BR, KP, NZ, TR, US, CA, SG BR, KR, IR, IQ, SY, JP, US AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. US, JP US BE, CA, IR, JP, KP, US, BA, ET, IQ, UG, VU, YE, AF, LA, TR, SY, IL BE, CA, IR, JP, KP, US, BA, ET, IQ, UG, VU, YE, AF, LA, TR, SY, IL US, BE, CA , SG, BE

eToro Risk Disclosure

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results.

Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.


All Algorithmic trading in more detail

You can compare Algorithmic Trading ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.

We also have an indepth Top Algorithmic Trading for 2021 article further below. You can see it now by clicking here

We have listed top Algorithmic trading below.

Algorithmic Trading List

eToro
(4/5)
Min deposit : 50
Visit eToro Try a Demo Read review

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results.

Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

eToro was established in 2007 and is used by over 20000000+ traders. 67% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF). Cryptocurrency availability with eToro is subject to regulation. Buying and selling real cryptocurrency assets may not be available in your country through eToro. Please check the latest information made available on their website.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)
IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 180000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
AvaTrade
(4/5)
Min deposit : 250
AvaTrade was established in 2006 and is used by over 200000+ traders. 72% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, CFDs, Spread Betting, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI)
Pepperstone
(4/5)
Min deposit : 200
Pepperstone was established in 2010 and is used by over 89000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money Pepperstone offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217
FXPrimus
(4/5)
Min deposit : 100
FXPrimus was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits FXPrimus offers Forex, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID)
Axitrader
(3/5)
Min deposit : 0
Axitrader was established in 2007 and is used by over 10000+ traders. Losses can exceed deposits Axitrader offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA)
Swissquote
(3/5)
Min deposit : 1000
Swissquote was established in 1999 and is used by over 300000+ traders. Losses can exceed deposits Swissquote offers Forex, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
forexmart
(3/5)
Min deposit : 1
ForexMart was established in 2015 and is used by over 10000+ traders. Your capital is at risk ForexMart offers Forex trading, CFD trading, Social trading, Share Dealing, Crypocurrency trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4,WEB,desktop

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
phoenixmarkets
(3/5)
Min deposit : 500
Phoenix Markets was established in 2013 and is used by over 10000+ traders. Your capital is at risk Phoenix Markets offers Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4,mac,Android.iPhone/iPad

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
ezinvest
(3/5)
Min deposit : 500
EZINVEST was established in 2008 and is used by over 10000+ traders. Your capital is at risk EZINVEST offers Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4,mac,Android.iPhone/iPad

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
ETX Capital
(3/5)
Min deposit : 100
ETX Capital was established in 2002 and is used by over 10000+ traders. Losses can exceed deposits ETX Capital offers Forex, CFDs, Spread Betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, Binary, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)

Learn more Learn more about eToro.
67% of retail investor accounts lose money when trading CFDs with this provider.