B-Book Forex Brokers DD for 2025

We found 11 online brokers that are appropriate for Trading B Book Forex Brokers DD Investment Platforms.

B-Book Forex Brokers DD Guide

Analysis by Andrew Blumer, Updated and fact-checked by Senad Karaahmetovic, Last updated – September 16, 2025

B Book Forex Brokers

B book brokers, also known as Dealing Desk (DD) brokers, operate by managing client trades in house rather than sending them to external liquidity providers. For example, in June 2025 the UK Financial Conduct Authority published warnings about eight unauthorized forex firms many of which employed B book models to alert investors to the higher risks posed by unregulated dealing desk operations.

When you place a Forex trade with a B book broker, the broker takes the opposite side of your position internally. From my own trading experience, understanding whether a broker uses a B book model helps me gauge execution quality and potential conflicts of interest.

What Are B Book Forex Brokers (Dealing Desk)?

B Book Forex brokers act as the counterparty to client orders, meaning they accept and fill orders on their own books without routing them to the interbank market. In practice, when a client makes a profit, the broker records a loss, and vice versa.

This model introduces specific risks: B book brokers have access to sensitive data like account equity, stop loss levels, and pending orders and may be tempted to widen spreads, delay execution, issue requotes, or even reject orders to tilt outcomes in their favor. For instance, a Dukascopy analysis in June 2025 highlighted that unusually frequent negative slippage can be a red flag for intentional execution manipulation by dealing desk brokers.

Best B Book Dealing Desk Brokers

Here is a list of the top Forex brokers operating with a dealing desk (B Book) execution model.

IC Markets

IC Markets Platform Overview

IC Markets offers B Book (Dealing Desk) execution primarily through its Raw Spread and Standard accounts, featuring ultra tight spreads (from 0.0 pips on EUR/USD) and rapid order fills. What they offer: minimal latency, fixed commission structure, and quick internal matching for scalpers. What they don’t offer: full transparency on internal hedging decisions, nor guaranteed no requotes during major news spikes occasional requotes may occur when internal liquidity runs thin.

RoboForex

RoboForex Platform Overview

RoboForex supports B Book trading via its Prime and Pro accounts with spreads from 0.0 pips and leverage up to 1:2000. What they offer: ultra competitive fixed spreads, flexible margin requirements, and fast internal order routing. What they don’t offer: a fully disclosed model of which trades are hedged externally, and depth of market transparency is limited compared to pure ECN brokers.

XTB

XTB Platform Overview

XTB utilizes a B Book approach on its Standard account with spreads from 0.8 pips on major FX pairs. What they offer: robust charting tools, deep educational content, and predictable fixed spreads. What they don’t offer: raw ECN style pricing or transparency into which client orders are netted internally versus hedged externally.

XM

XM Screenshot

XM’s B Book execution is used on Micro and Standard accounts with spreads from 1 pip and no commission. What they offer: multiple account types, fixed spreads, and negative balance protection. What they don’t offer: full visibility on internal order flows or explicit disclosure of which trades get hedged in the external market.

Pepperstone

Pepperstone Platform Overview

Pepperstone applies B Book matching on its Standard account with spreads from 1 pip and fast internal fills. What they offer: strong FCA/ASIC regulation, transparent pricing model, and occasional rebates on internal fills. What they don’t offer: consistent raw spreads under high volatility on this account type or detailed reporting on which positions are hedged externally.

AvaTrade

AvaTrade Screenshot

AvaTrade employs B Book execution across all account types with fixed spreads (from 0.9 pips on EUR/USD) and no commissions. What they offer: commission free trading, multiple funding options, and guaranteed negative balance protection. What they don’t offer: raw ECN spreads or full transparency on internal liquidity usage and hedging practices.

FP Markets

FP Markets Screenshot

FP Markets uses a hybrid model: its Standard account is B Book with spreads from 1.0 pip, while its Raw account is routed directly (A Book). What they offer: competitive fixed spreads, advanced platform features, and clear separation between B Book and A Book accounts. What they don’t offer: commission free trading on the Raw account or full depth of market on the Standard (B Book) account.

How B Book Brokers Work

Understanding the mechanics behind B book brokers reveals both potential advantages such as ultra tight spreads when the market is quiet and the inherent conflicts of interest these brokers face.

Internal Liquidity Pool

B book brokers maintain an internal liquidity pool from which they directly match client trades. For example, if Trader A buys EUR/USD, the broker sells EUR/USD from its own inventory rather than sourcing the currency from the broader market. During periods of low external liquidity, this can ensure faster fills, but it also means the broker fully bears the risk if the market moves sharply.

Example of a B Book Dealing Desk Trade on EUR/USD

B Book EUR/USD trading chart example

Client Initiates a Trade

A client decides to buy €10,000 worth of EUR/USD, expecting the euro to strengthen against the US dollar. The broker quotes a price of $1.0765 per euro.

Broker Executes Internally

Instead of routing the trade to the external market (A Book), the broker’s B Book Dealing Desk takes the opposite side of the trade internally. Essentially, the broker sells €10,000 to the client at the quoted price, without exposing the trade to the wider market.

Trade Settlement

The client pays $10,765 (€10,000 × $1.0765) to buy the euros.

Potential Client Profit Scenario

If the EUR/USD rate rises to $1.0800 and the client sells their €10,000, they receive $10,800, making a profit of $35 ($10,800 − $10,765).

Broker’s Risk and Position

Because the broker took the opposite position, they incur a loss equal to the client’s profit, minus any spread and fees. The broker relies on the overall balance of client wins and losses to profit primarily from spreads and commissions.

Conflict of Interest & Risk Management

Brokers using a B Book model face an inherent conflict of interest they benefit when clients lose. To manage risk, brokers may hedge some trades externally or use sophisticated algorithms to decide which trades to internalize. These strategies help balance risk and maintain profitability.

Note: This example simplifies the mechanics of B Book forex trading for clarity. Actual broker practices and risk management strategies can be much more complex and vary between brokers.

Understanding Essential Trading Mechanisms Used By B Book Forex Brokers

What is Market Making?

Market making is a financial activity where firms or individuals commit to continuously buying and selling securities or other financial instruments. Their role is to provide liquidity and ensure that trading remains smooth and uninterrupted. By standing ready to buy or sell at publicly quoted prices, market makers ‘make the market’, enabling buyers and sellers to execute trades even if there is no immediate counterparty available. For example, a B book broker might quote EUR/USD at 1.1234/1.1236; if a client sells one standard lot at 1.1234, the broker fills it internally, taking the opposing buy position at that price.

Market Maker role

What is Order Matching?

Order matching is the process used by trading platforms and exchanges to pair buy orders with sell orders. This is done according to criteria such as price and time priority to ensure fair and efficient execution of trades. Essentially, order matching ensures that the market functions by connecting buyers and sellers in a systematic way. For instance, if Trader A places a buy order for GBP/USD at 1.2940 and Trader B places a sell order at the same price, the dealing desk instantly matches them each party’s order is filled at 1.2940, with no external routing needed.

What is Order Routing?

Order routing refers to the transmission of a buy or sell order from the point where it is placed (by a trader or investor) to a trading venue such as an exchange or alternative trading system where the order can be executed. This process is critical in electronic trading and is often managed by brokers or specialized platforms to seek the best possible execution for the client. For example, a B book broker might internally route a USD/JPY buy order at 109.25 to its own liquidity pool; if the risk assessment flags it as large (e.g. 5 lots), the broker may instead send it to an external liquidity provider at 109.24 to hedge risk.

What is a Dealing Desk Team?

A Dealing Desk Team operates within banks, brokerages, or financial institutions and plays a key role in market making. They manage liquidity and execute trades for clients, often acting as the counterparty to client trades in what’s known as a Dealing Desk or market maker environment. This team helps maintain market stability and ensures that clients’ trades are processed efficiently. For example, if a client places a buy order for AUD/USD at 0.6740 for 2 lots, the Dealing Desk Team immediately records the opposite 2 lot sell position at 0.6740, updating their internal exposure and deciding whether to hedge externally later.

Advantages of B Book Forex Brokers

While B book brokers often face skepticism, they offer several notable benefits that can appeal to certain traders. It’s important to consider these advantages when choosing a broker.

Instant Order Execution

B book brokers typically offer instant trade execution because they fill orders from their internal liquidity pool. This means trades are processed quickly without waiting for external market confirmation, which can be crucial for scalpers and traders relying on fast execution. For example, a EUR/GBP order for 0.50 lots placed at 0.8720 was executed in 0.2 seconds at exactly 0.8720 no requote, no delay.

Minimal or Fixed Spreads

Many B book brokers provide minimal or fixed spreads, offering traders predictable trading costs. Fixed spreads can protect traders from sudden market volatility and fluctuating costs, which helps in planning trading strategies with greater confidence. For instance, a broker might offer a fixed 2 pip spread on USD/CAD, quoted at 1.2500/1.2502 regardless of market conditions.

Lower Trading Fees

The overall trading fees and commissions are often lower with B book brokers compared to other models. Since these brokers act as counterparties rather than routing orders externally, they can reduce operational costs and pass some of these savings to clients. As an example, the total cost (spread plus commission) for a 1 lot GBP/JPY trade was $5 with a B book broker versus $8 with an ECN broker.

High Leverage Options

B book brokers frequently offer high leverage ratios, enabling traders to control larger positions with a smaller capital outlay. This can amplify potential gains (though also risks), making such brokers attractive to traders seeking higher exposure in the Forex market. For example, one broker offered up to 1:500 leverage on EUR/CHF, allowing a trader with $1,000 to open a $500,000 position.

B Book pros and cons

Disadvantages of B Book Forex Brokers

Despite their benefits, B book brokers also come with several risks and drawbacks that traders should carefully consider.

Conflict of Interest

A major concern with B book brokers is the inherent conflict of interest. Since the broker takes the opposite side of a client’s trade, they profit when clients lose and lose when clients win. This dynamic can sometimes influence broker behavior in ways that are not aligned with the trader’s best interests. For example, if a trader’s long USD/CHF position at 0.9120 gains 20 pips of profit, that $200 gain for the trader is a $200 loss for the broker on a 1 lot trade.

Manipulation of Spreads and Execution

B book brokers have the ability to manipulate spreads and control order execution speeds. This means they can widen spreads unexpectedly or delay order execution, which may disadvantage traders and affect trade outcomes. For instance, during a news event a broker might widen the EUR/JPY spread from its usual 1.5 pips (130.50/130.515) to 5 pips (130.50/130.55) for several seconds.

Negative Slippage

Traders dealing with B book brokers often experience negative slippage, where trades are executed at worse prices than expected. This can result in higher costs and reduced profitability for the trader. For example, a stop loss set at 1.3050 on GBP/USD might be filled at 1.3053 during fast market moves, adding 3 extra pips to the loss.

How to Choose a B Book Forex Broker

Choosing the right B book forex broker is essential for a safe and effective trading experience. Consider the following key factors carefully before making your decision.

Regulation and Safety

Always prioritize brokers regulated by reputable authorities such as the FCA (Financial Conduct Authority) or CySEC (Cyprus Securities and Exchange Commission). Regulation ensures a certain level of oversight and protection for traders. Unregulated brokers pose higher risks, so if you consider them, conduct thorough research. Use trusted broker reviews and financial comparison websites to inform your choice.

Services and Trading Instruments

Evaluate the range of services and trading instruments offered by the broker. Different traders have different needs whether it’s access to Forex pairs, commodities, indices, or cryptocurrencies. Make sure the broker supports your preferred assets and offers leverage levels that match your risk tolerance and trading style.

Trading Costs and Fees

Compare the spreads and commissions charged by various brokers. Lower costs can significantly improve your profitability, especially for frequent traders. Check if spreads are fixed or variable, and be aware of any hidden fees that might affect your bottom line.

Customer Support Quality

Choose brokers with professional, responsive customer support available around the clock. Reliable support through multiple channels live chat, phone, and email ensures you can quickly resolve any issues or questions, which is crucial in fast moving markets.

Trading Platform Features

Assess the trading platform’s usability and tools. A user friendly interface, advanced charting tools, technical indicators, and mobile compatibility can enhance your trading experience. Additionally, brokers offering educational resources like webinars and tutorials provide extra value, especially for less experienced traders.

By weighing these factors carefully, you can select a B book forex broker that not only fits your trading needs but also offers a secure and trustworthy environment to grow your investments.

Regulatory Oversight for B Book Brokers

B Book Broker Regulation

Ensuring your B book broker is regulated by a reputable authority is essential for added security, transparency, and trust in the volatile forex market. Below are some of the key regulatory bodies that oversee B book brokers across various regions, along with their stance on dealing desk execution models:

United States: NFA and CFTC

The National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC) allow dealing desk (B book) models under strict rules: brokers must maintain minimum net capital, segregate client funds, disclose order handling practices, and demonstrate best execution procedures. Any pattern of execution abuses or unfair spreads can trigger enforcement actions.

United Kingdom: FCA and PRA

In the UK, the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) permit B book brokers as market makers but require them to adhere to MiFID II best execution rules, publish execution quality reports, and apply strict client money protections. The FCA reviews dealing desk practices regularly to guard against conflicts of interest.

Australia: ASIC

The Australian Securities and Investments Commission (ASIC) oversees B book brokers by enforcing rigorous disclosure of order execution policies, mandating regular financial reporting, and requiring brokers to manage technological and liquidity risks. ASIC has issued guidance on algorithmic and high frequency trading, which impacts dealing desk models.

Switzerland: FINMA

Switzerland’s regulator, the Swiss Financial Market Supervisory Authority (FINMA), treats B book forex operations as OTC derivative activities. Brokers must hold a derivatives license, maintain robust risk controls, and meet capital adequacy requirements. FINMA’s on site inspections include reviews of dealing desk hedging and client fund segregation.

Germany: BaFin

The Federal Financial Supervisory Authority (BaFin) applies MiFID II standards to B book brokers, insisting on transparent pricing, best execution policies, and strict client classification. BaFin requires brokers to document when and why trades are kept internal versus hedged externally.

France: AMF

The Autorité des Marchés Financiers (AMF) allows dealing desk models under MiFID II, but mandates enhanced disclosures on conflicts of interest and execution quality. The AMF periodically publishes industry wide data on spread practices to spot irregularities among B book brokers.

Canada: IIROC

The Investment Industry Regulatory Organization of Canada (IIROC) permits B book operations subject to chief compliance reviews, minimum capital requirements, and mandatory best execution obligations. IIROC’s continuous oversight includes monitoring internalization rates and client complaint trends.

European Union: CySEC

The Cyprus Securities and Exchange Commission (CySEC) licenses many EU based B book brokers. Under MiFID II, CySEC enforces client fund segregation, execution transparency, and requires annual audits of dealing desk and hedging practices. CySEC has stepped up inspections following investor complaints about spread widening.

Choosing a B book broker regulated by one of these reputable authorities ensures that dealing desk practices are subject to rigorous oversight, helping you trade with greater confidence and protection.

B Book Forex Brokers Verdict

From my experience trading with B book brokers like IC Markets, RoboForex, and Pepperstone, I’ve found their ultra tight spreads and instant internal execution invaluable for scalping and high frequency strategies. However, the lack of full transparency on internal hedging and occasional requotes during volatile news events reminded me to keep strict risk controls in place.

While B book brokers can offer cost advantages and rapid fills, I always balance their benefits against the potential conflicts of interest inherent in dealing desk models choosing well regulated providers and staying vigilant about execution quality has been key to my success.

Forex remains the world’s largest financial market, with a daily turnover exceeding trillions of dollars and operating 24 hours a day from Monday to Friday across global time zones. Its high liquidity and volatility offer both great opportunities and significant risks for traders.

From my experience, success in forex trading requires more than just luck it demands proper knowledge, selecting a reliable broker, a solid trading strategy, and effective risk management. When it comes to B Book forex brokers, understanding their unique model and the inherent conflict of interest is crucial before deciding to trade with them.

Regulation FCA / CySEC is one of the most important factors to consider, as choosing a b book broker regulated by reputable authorities helps safeguard your investments and ensures fair trading conditions. While B Book brokers can offer advantages like tight spreads and fast execution, traders must remain cautious of potential drawbacks such as spread manipulation or slower order execution.

We have conducted extensive research and analysis on over multiple data points on B-Book Forex Brokers DD to present you with a comprehensive guide that can help you find the most suitable B-Book Forex Brokers DD. Below we shortlist what we think are the best B Book Forex Brokers DD Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching B-Book Forex Brokers DD.

Reputable B-Book Forex Brokers DD Checklist

Selecting a reliable and reputable online B Book Forex Brokers DD Investment Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade B Book Forex Brokers DD Investment Platforms more confidently.

Selecting the right online B Book Forex Brokers DD Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:

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

Compare Key Features of B Book Forex Brokers DD Investment Platforms in Our Brokerage Comparison Table

When choosing a broker for B Book Forex Brokers DD Investment Platforms trading, it's essential to compare the different options available to you. Our B Book Forex Brokers DD Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.

By comparing these essential features, you can choose a B Book Forex Brokers DD Investment Platforms broker that best suits your needs and preferences for B Book Forex Brokers DD Investment Platforms. Our B Book Forex Brokers DD Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.

Top 15 B Book Forex Brokers DD Investment Platforms of 2025 compared

Here are the top B Book Forex Brokers DD Investment Platforms.

Compare B Book Forex Brokers DD Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a B Book Forex Brokers DD Investment Platforms broker, it's crucial to compare several factors to choose the right one for your B Book Forex Brokers DD Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.

All brokers below are B Book Forex Brokers DD Investment Platforms. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more B Book Forex Brokers DD Investment Platforms that accept B Book Forex Brokers DD Investment Platforms clients.

Broker IC Markets Roboforex eToro XTB XM Pepperstone AvaTrade FP Markets EasyMarkets SpreadEx FXPro
Rating
Regulation Seychelles Financial Services Authority (FSA) (SD018) RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. 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) (000261/27) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd 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) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120)
Min Deposit 200 10 50 No minimum deposit 5 No minimum deposit 100 100 25 No minimum deposit 100
Funding
  • Bank transfer
  • Credit Card
  • Paypal
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Used By 200,000+ 730,000+ 40,000,000+ 1,000,000+ 10,000,000+ 400,000+ 400,000+ 200,000+ 250,000+ 60,000+ 7,800,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • 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
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
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  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • ECN account
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  • Islamic account
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  • Standard account
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  • Islamic account
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All B Book Forex Brokers DD Investment Platforms in more detail

You can compare B Book Forex Brokers DD 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 B Book Forex Brokers DD Investment Platforms for 2025 article further below. You can see it now by clicking here

We have listed top B Book Forex Brokers DD Investment Platforms below.

B-Book Forex Brokers DD List

IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 200000+ 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

MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Seychelles Financial Services Authority (FSA) (SD018)
Roboforex
(4/5)
Min deposit : 10
Roboforex was established in 2009 and is used by over 730000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. 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 : 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. 61% 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.

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

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

Crypto investments are risky and highly volatile. Tax may apply. Understand the risks here.

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 40000000+ traders. 61% 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

eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web

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. 69% - 80% 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, iOS (App Store), Android (Google Play)

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. 74.12% 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

MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), 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) (000261/27) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd
Pepperstone
(4/5)
Min deposit : 0
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, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play)

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 400000+ 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

MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play)

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) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA)
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 200000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs, Bonds.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130)
EasyMarkets
(4/5)
Min deposit : 25
easyMarkets was established in 2001 and is used by over 250000+ 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

easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5

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) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018)
SpreadEx
(4/5)
Min deposit : 0
SpreadEx was established in 1999 and is used by over 60000+ traders. 65% of retail CFD accounts lose money SpreadEx offers Forex, CFDs, and spread betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView

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) (190941), Gambling Commission (Great Britain) (8835)
FXPro
(4/5)
Min deposit : 100
FxPro was established in 2006 and is used by over 7800000+ 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, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play)

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) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120)

Learn more Learn more about IC Markets.
Losses can exceed deposits
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Losses can exceed deposits