Apple Sees Huge Growth for 2024

We found 11 online brokers that are appropriate for Trading Apple Stock Investment Platforms.

Apple Sees Huge Growth Guide

Analysis by Andrew Blumer, Updated Last updated - April 24, 2024

Apple Sees Huge Growth

Apple Worth Trillions

A vast number of analysts, contrary to before; now see Apple's services undertaking accounting for half of the $2 trillion and above market value. According to Wedbush Securities analyst Dan Ives, investors had been buying Apple stocks at 12x P/E (otherwise price to earnings ratio), selling it for 16x, nothing more. He (Ives) now estimates the value of Apple's services to be around $1 trillion of the tech giant's market capitalization. He also compared what went down with the re-evaluation on the basis of services to another market highflier, i.e., Tesla. According to Ives, Tesla's worth is not estimated as and auto, and Apple is not a mere hardware company, anymore.

It has also been observed by Cowen's senior research analyst for Apple, Krish Sankar, that the multiple expansion for Apple's stock was prevalent during 2020. Prior to that, Apple was always seen as a hardware company, but thanks to services, that point of view started shifting. Apple's services endeavours helped in its sudden increase in value.

Sankar also noted that before the onslaught of the pandemic in the beginning of 2020, Apple's P/E was still observed to be in the low 20s. That saw a drastic increase over a time span of 4 to 5 months. Looking at Apple's history, it was, for the most part, based around the iPhone, trading as low as 12x.

Apple Services

The services offered by Apple to the masses via iCloud storage, Apple care, Apple Music, and their Appstore, now happen to earn a $60 billion (and above) revenue which is rising in the mid-teens on a percentage basis, yearly.

Ives stated that other companies such as Nokia and Blackberry were not able to monetize an entire ecosystem, based on the disaster stories in the phones' hardware. Apple has only 15-18 percent of its “installed base”, looking at the services side of things. Apple's installed base has made it the most valuable company in the entire world.

A majority of the conversations Ives was having with investors the previous March were regarding stress-testing Apple's model. It was also discussed how the numbers could take a turn for the worst if iPhones took a hit and Apple stores all around the world closed due to lockdowns. According to chatter, Apple's services beat by 5 percent in Apple's April earnings period, and beat again in June.

Cowen's analysis and evaluation regards Apple's services business as the majority element in Apple's appraisal at 53 percent. Sankar emphasized that services are not, in fact, a single-line time. This may make it more difficult to get a hold of compared to a product homerun. To put forth an example, Sankar pointed out that many do not understand that Apple Pay, during the coronavirus pandemic, became one of the peak fintech players, that too, on a global level.

It was a major tipping point for Ives (as well as many others according to him), arguing that for many years, that argument being disregarded every time.

Apple's Blowout Quarter With Sales Up 54 Percent

Apple reported an earnings blowout quarter on April 28th, a Wednesday. The company announced its sales going up 54 percent higher than the previous year, along with noticeably stronger profits that what Wall Street had predicted. Apple stock also rose over 4 percent at a certain point in extended trading.

The company revealed a two-digit growth in every one of their product categories. Apple's most important and popular product line, i.e., the iPhone went up 65.5% compared to the previous year. Mac as well as iPad sales also performed better, the laptops/computers up 70.1 percent and iPad sales experiencing an upsurge of 79 percent on a yearly basis.

Apple announced that it would increase its profits by 7 percent to $0.22 each share. The company also authorized $90 in reacquired stock, i.e., considerably higher than the previous year's $50 billion disbursement, $75 billion in 2019.

Apple did not release guidance for its expectations for the quarter ending in June. And due to uncertainty, it has not issued revenue guidance ever since the beginning of the pandemic. Despite uncertainty, this is the company's second quarter streak with double figure growth in all categories of its products. Luca Maestri, Apple CFO informed analysts that the company is expecting its revenue in the June quarter to rise by two digits annually despite it facing supply shortages because of the global chip shortage.

Apple Supply Chain

Apple CEO Tim Cook revealed to Reuters that Mac, iPad, and iPhone 12 Pro sales all ended up in supply constraints. He stated that the semiconductor supply is short, and other areas in the supply chain also had a lot to do with the constraints.

Apple has revealed in the previous months that its overall business has experienced a boost due to the pandemic as consumers and businesses ended up buying computers and other gadgets to entertain themselves at home. Apple's substantial outcomes in the quarter imply that the trend may continue in relation to more economies opening up. Cook, disclosed in a statement this passing quarter shows both the lasting ways the company's products have helped their users in their lives, along with the optimism felt by consumers about the better days to come in the future.

Apple Sales Are Up

Mac sales went up 70 percent, and according to Cook, the result was driven by Apple's release of its Mac laptops using their own M1 chips for extended battery life, replaced by Intel processors. Sales for the iPad also went up nearly 79% annually. The current results do not include the new iMac or iPad Pro models the company had announced in March. Those products are also estimated to fuel additional demand.

The revenue for Apple's wearables category, which consists of AirPods and the Apple Watch product lines also reached $12.97 billion in January. Apple released the AirPods Max in December, a pair of over-the-ear wireless headphones with a price tag of $550 with shipment dates extending several months into the future just within a few hours of the launch of the product.

Cook revealed to CNBC Television Reported Josh Lipton that Apple is experiencing new buyers on the Mac, running just below 50 percent. The percentage is even higher in China. That speaks to the individuals who prefer to do most of their work on the Mac.

The iPhone also witnessed substantial results during this quarter, putting a rest to the apprehensions regarding the current annual cycle slowing own. Last year in 2020, Apple had released iPhones sporting a new exterior design, along with 5G compatibility. Many investors expected this to bring about a major upgrade cycle, indicated in this passing quarter's outcomes.

In mainland China, Taiwan, and Hong Kong, Apple's revenue surged over 87 percent on an annual basis to $17.73 billion, even though the comparison made is to a quarter in the previous year when China was mainly hit down during the early days of the coronavirus pandemic. Other geographical categories such as Europe and the US also surged on a yearly basis.

Apple Expands Its Services

Apple's services business (which includes a lot of high margins) including the Appstore, their iCloud storage, and subscriptions such as Apple Music grew 26.7%. Apple uses a certain metric to display the growth in services where it shows the number of subscriptions it possesses i.e., ones that not only display its own subscriptions such as Apple One, but also subscriptions bought through its App Store.

Cook revealed to CNBC that Apple now has a total of 660 million paid subscriptions all across its services, that is up 4 million compared to the previous quarter, a spurt from 35 million.

Nonetheless, the platform's Appstore has been questioned by legislators as well as other companies to be too costly and having too much power. Apple's trial with Epic Games (responsible for Fortnite) over App Store policies have also begun, so far, revealing the platform's negotiations with social media platform Facebook and streaming service Netflix. The App Store's billing practices have led to a conflict with Epic Games whose privacy guidelines have just led to a public squabble with Facebook.

The Appstore, despite all odds, has proven to be an “economic miracle” according to Cook. He told CNBC that last year in 2020, the estimates showed that an upwards of half a trillion dollars of economic activity was all because of the Appstore. This proved to be an economic gamechanger not only in the US, but a multitude of nations all across the world.

Apple's gross profit margin was also unexpectedly raised for the tech company. It tends to be in the 38 or 39 percent range for most quarters, but at the end of the March quarter, Apple reported elevated margins of 42.5 percent.

Apple: (Even Now) An IPhone Story

Despite its success, the essence of Apple's story has not changed. It may not change for a long time either. In essence, and as much as Apple's services has grown in value for investors, the role of the iPhone in Apple's story remains undivided.

According to Ives, the iPhone is Apple's most successful consumer product so far and will remain at the heart of its story for decades to come. Apple's services along with their products, the entire ecosystem, all of it is a major part of re-rating being witnessed. He also went on to add in the midst of a pandemic lockdown, the company was able to sell around two million iPhones.

Investors are the most optimistic they have seen themselves being for the iPhone cycle since the year 2015 when the company finally decided to launch bigger screen sizes. While China happens to be the principal source of demand hopes, Ives observed that in Europe as well as the US, 350 million iPhones, or 40 percent of the installed based, has not upgraded in many years.

The iPhone 15 5G is set to yield below 250 million units sold during fiscal 2024, which according to Wedbush estimates, surpasses its previous peak record achieved way back in fiscal 2015.

Over 1 Billion iPhones

When coven began its coverage of Apple in 2019, there were 1 billion iPhone units and a 5-year cycle replacement, in other words, 200 million a year. Although Sankar's present estimate is a bit under what would turn out to be a new record, at 215 million units, he was of the opinion that predictions exceeding the fiscal 2015 level 231 million units for a record year in 2022 are not unreasonable, especially following a 2020 in which the final count - while staying under 200 million units - is still going to be tens of millions of above what Wall Street was apprehensive of during the worst of the pandemic.

Sankar states that this is not an outrageous number, but he along with other analysts believe the timing of adoption is unclear and will be crucial to the annual iPhone sales amount. Looking at the telecommunication history, all the 3G and 4G last for quite a long time and 5G is just at its very initial stage. What this means is that it is going to last another ten years.

Paul Meeks, portfolio manager and investor was of the opinion that a much faster adoption rate is already associated with the stock price and does not leave a lot of margin for error in the build-up about the so-called supercycle. The iPhone still stands as solely the largest source of revenue for the company every quarter.

There is a great deal of pressure for the new iPhone to be the best product rollout of all time. The uncertainty lies in whether the product is a hit or not. 5G may be a great feat, but what if it is not enough to compel everyone to upgrade. Meeks stated that the phrase regarding the supercycle theme is of worry to him. Currently, in the majority of the US, people buying the 5G iPhone is not getting any benefits for the next year or so.

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Top 15 Apple Stock Investment Platforms of 2024 compared

Here are the top Apple Stock Investment Platforms.

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Broker IC Markets Roboforex eToro XTB XM Pepperstone AvaTrade FP Markets EasyMarkets SpreadEx FXPro
Rating
Regulation Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) 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 Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB)
Min Deposit 200 10 100 No minimum deposit 5 200 100 100 100 1 100
Funding
  • Bank transfer
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Used By 180,000+ 1,000,000+ 30,000,000+ 1,000,000+ 10,000,000+ 400,000+ 300,000+ 10,000+ 142,500+ 10,000+ 1,866,000+
Benefits
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Accounts
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Platforms MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, cTrader, Tablet & Mobile apps
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Risk Warning Losses can exceed deposits Losses can exceed deposits 76% of retail investor accounts lose money when trading CFDs with this provider. 76-85% 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. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% 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. 75-95 % of retail investor accounts lose money when trading CFDs 71% of retail investor accounts lose money when trading CFDs with this provider Losses can exceed deposits Your capital is at risk Losses can exceed deposits 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider
Demo IC Markets
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XM
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easyMarkets
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SpreadEx
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FxPro
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Excluded Countries US, IR, CA, NZ, JP AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, 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, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, US, IN, PK, BD, NG , ID, BE, AU US, CA, IL, IR AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET BE, BR, KP, NZ, TR, US, CA, SG US, JP, NZ US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE US, TR US, CA, IR


All Apple Stock Investment Platforms in more detail

You can compare Apple Stock Investment Platforms 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 Apple Stock Investment Platforms for 2024 article further below. You can see it now by clicking here

We have listed top Apple Stock Investment Platforms below.

Apple Sees Huge Growth List

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, Web Trader, cTrader, Windows, Mac, iOS, Android

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Roboforex
(4/5)
Min deposit : 10
Roboforex was established in 2009 and is used by over 1000000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund
eToro
(4/5)
Min deposit : 100
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. 76% 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. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

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 30000000+ traders. 76% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Social Trading, Stocks, Commodities, Indices, Forex (Currencies), CFDs, Cryptocurrency, Exchange Traded Funds (ETF), Index Based Funds. 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 ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 1000000+ traders. 76-85% 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. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19)
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 10000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% 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. XM offers Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs, Energies CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account XM Swap-Free account (XM Ultra Low Account) VIP account
Regulated by Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
Pepperstone
(4/5)
Min deposit : 200
Pepperstone was established in 2010 and is used by over 400000+ traders. 75-95 % of retail investor accounts lose money when trading CFDs Pepperstone offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account Pro 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
AvaTrade
(4/5)
Min deposit : 100
AvaTrade was established in 2006 and is used by over 300000+ traders. 71% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading . Cryptocurrency availability with AvaTrade is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 10000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB)
EasyMarkets
(4/5)
Min deposit : 100
easyMarkets was established in 2001 and is used by over 142500+ traders. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto. Cryptocurrency availability with easyMarkets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI)
SpreadEx
(4/5)
Min deposit : 1
SpreadEx was established in 1999 and is used by over 10000+ traders. Losses can exceed deposits SpreadEx offers Forex, CFDs, and spread betting.

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 ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
FXPro
(4/5)
Min deposit : 100
FxPro was established in 2006 and is used by over 1866000+ traders. 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider FxPro offers Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB)

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Losses can exceed deposits
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Losses can exceed deposits