Brokerage fee Guide
Brokerage Fee
A brokerage fee is a payment made to a broker or a brokerage firm for the services offered in trading.
The brokerage fee structure is not universal and it varies from one broker to another and also to the type of services offered.
Some charge higher brokerage fees while others settle at a lower cost. Beginners and day traders should avoid brokers who charge a high brokerage fee as it can consume a large portion of their profit.
Variations in Brokerage Fee
There are several ways a broker can charge a brokerage fee, and these are clarified below:
Trading fees
This is a brokerage fee that only occurs when one trades and it can be in the format of spread, commission, conversion fee, or financing rate.
Commission
Commission is charged either on the volume of trade as a percentage, portion of transaction, profit or fee at a fixed or flat rate on each trade.
European brokers tend to follow the first structure. They charge roughly 0.1% of the total volume traded. In the United States, the brokerage firms believe a flat fee charged on each trade is ample for them. Some even calculate the brokerage fee on the number of shares traded like $0.003 on each share.
Spreads
The value difference between buy and sell is called a spread. In financial terms it is addressed as a difference between the ask and bid price.
Traders are recommended not to purchase and sell trade simultaneously as there could be a rare chance of making a profit. The spread fee will add up to a loss. For example, the buy price for a unit of Microsoft shares is $200 and the sell price is $201. You buy it for $201 and sell at $200. You make a loss of $1. This $1 loss is the cost of this spread.
Here, it is very important to know that if the spread is wider, the cost is higher.
Many brokers use market spreads, which means using the ask and bid price of the market. They avoid incorporating the brokerage fee into the spreads. They also ask for commissions and this is considered something fair and transparent.
CFD brokers incorporate the fee into the spread and so the quote is wider compared to the market spread.
Financing rate
This is also termed as overnight rate. If a trader holds the leveraged positions overnight, the financing rate applies.
Firstly, let us understand here what a leveraged position is. It is borrowing money from the brokerage firm for the purpose of trading. Interest is charged on the borrowed money and this is called the financing rate.
Leveraged positions can be put on hold for more than one day through stock index futures, CFD's and other leveraged products.
Many simply borrow money from the brokerage firm, and this is called margin trading. It is different from leveraged positions.
Conversion fees
This is related to currency conversion. The fee is charged if any transaction needs a currency conversion. This takes place when one trade of either deposit or withdraw funds in different currencies.
As an example if you buy the Microsoft shares in GBP from a British brokerage account and sell it to an online broker who is in the United States and wish to deal in USD a conversion fee will apply.
Be aware of all commissions and conversion fees. For those who trade frequently you are suggested to avoid these such circumstances as a portion of the profit could be taken away as a brokerage fee.
We've collected thousands of datapoints and written a guide to help you find the best Brokerage Fee 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 brokerage fee below. You can go straight to the broker list here.
Reputable Brokerage fee Checklist
There are a number of important factors to consider when picking an online Brokerage Fee trading brokerage.
- Check your Brokerage fee has a history of at least 2 years.
- Check your Brokerage fee has a reasonable sized customer support of at least 15.
- Does the Brokerage fee fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your Brokerage fee has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your Brokerage fee have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your Brokerage fee can hire people from various locations in the world who can better communicate in your local language.
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 Brokerage Fee.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below Brokerage Fee.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 Brokerage Fee of 2020 compared
Here are the top Brokerage Fee.
Compare Brokerage Fee min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are brokerage fee. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more brokerage fee that accept brokerage fee clients
| Broker |
eToro
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XTB
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Trading212
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Roboforex
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EasyMarkets
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Markets.com
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AvaTrade
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ThinkMarkets
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HY Markets
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NordFX
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Admiral
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| Rating | |||||||||||
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) | Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) | Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) | Financial Conduct Authority (FCA), FCA reference number 186171, Cyprus Securities and Exchange Commission (CySEC), CySEC license number 259/14, Cayman Islands Monetary Authority (CIMA), CIMA reference number 1442313, Dubai financial services authority (DFSA), DFSA license number 000048 | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13 | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) |
| Min Deposit | 200 | No minimum deposit | 1 | 1 | 100 | 250 | 250 | 250 | 100 | 1 | 200 |
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| Used By | 12,000,000+ | 250,000+ | 14,000,000+ | 10,000+ | 142,500+ | 10,000+ | 200,000+ | 10,000+ | 10,000+ | 10,000+ | 10,000+ |
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| Platforms | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps | MT4, Mac, Web Trader, Tablet & Mobile apps | MT4, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps |
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| Learn More |
Sign
Up with etoro |
Sign
Up with xtb |
Sign
Up with trading212 |
Sign
Up with roboforex |
Sign
Up with easymarkets |
Sign
Up with marketscom |
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Up with avatrade |
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Up with thinkmarkets |
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Up with hycm |
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Up with nordfx |
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Up with admiralmarkets |
| Risk Warning | 75% of retail investor accounts lose money when trading CFDs with this provider. | 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. | 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. | Losses can exceed deposits | Your capital is at risk | 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | 79% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits |
| Demo |
eToro Demo |
XTB Demo |
Trading 212 Demo |
Roboforex Demo |
easyMarkets Demo |
Markets.com Demo |
AvaTrade Demo |
ThinkMarkets Demo |
HYCM Demo |
NordFX Demo |
Admiral Markets Demo |
| Excluded Countries | US, IR, KP, BE, CA, JP, SY, TR, IL, HK | US, IN, PK, BD, NG , ID, BE | US | US, JP | US | RU, BR, CH, ZA, SG, JP, US, CA, BE, IL, TR, NZ, MY, SY, TH, ID, IR, IQ, HK, PH, PR | BE, BR, KP, NZ, TR, US, CA, SG | AF, Yugoslavia, AO, GM, NG, AW, GH, KR, BY, GN, BO, GN, PK, BW, HT, PG, IR, PN Island, Burma MM, IQ, RW, KH, , SN, CF, JP, Sierra, Leone, TD, KG, SO, CI , LB, SZ, CU, LS, SY, of CG, LR, TJ, DJ, LY, Tanzania, EC, Laos, TG, ER, ML, TM, ET, MN, UG, Falkland Islands, NA, US of America, FJ, NI, YE, ZW | US | No | US, CA, JP, SG, MY, JM, IR, TR |
All Brokerage fee in more detail
You can compare Brokerage Fee 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 Brokerage Fee for 2020 article further below. You can see it now by clicking here
We have listed top Brokerage fee below.
Brokerage fee Table of Contents
- Brokerage fee Explained
- 6 Factors to Consider when Choosing Brokerage fee
- Are Your Brokerage fee Trusted And Established?
- Are The Brokerage fee World Leading?
- What are the Brokerage fee Commissions and Fees?
- What are the Brokerage fee Funding and Withdrawl Methods?
- Find Brokerage fee with Round-the-clock support?
- Make sure the Brokerage fee Offer Comprehensive Trader resources?
- Why do Brokerage fee need to be regulated?
- Brokerage fee FAQ
- What are the best Brokerage fee brokers?
- What is the best Brokerage f broker?
- Related Brokerage fee Reviews
- Related Brokerage fee Alternatives
- Related Brokerage fee Comparisons
Brokerage fee Explained
Trading the financial markets with Brokerage fee when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Brokerage fee is the platform that a Brokerage fee offer.
Choose Brokerage fee that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Brokerage fee that you can rely on.
6 Factors to Consider when Choosing Brokerage fee
Follow these five rules for selecting a broker that's right for you:
Are Your Brokerage fee Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated Brokerage fee broker is eToro. Established in 2006, and in operation for 12 years eToro have a head office in Cyprus, UK.
eToro is regulated. This means eToro are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Another top rated broker is XTB.
XTB was established 2002, and in operation for 16 years XTB have a head office in Poland.
XTB is regulated. This means XTB are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
| Broker |
eToro
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XTB
|
Trading212
|
Roboforex
|
EasyMarkets
|
Markets.com
|
| Year Established | 2006 | 2002 | 2006 | 2009 | 2001 | 2008 |
| Head Office | Cyprus, UK | Poland | UK | Cyprus | Cyprus, Australia | Cyprus |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) | Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) |
| Used By | 12,000,000+ | 250,000+ | 14,000,000+ | 10,000+ | 142,500+ | 10,000+ |
| Negative balance protection | No | Yes | Yes | No | Yes | Yes |
| Guaranteed Stop Loss | No | No | Yes | No | Yes | Yes |
| Learn More | Visit eToro | Visit XTB | Visit Trading 212 | Visit Roboforex | Visit easyMarkets | Visit Markets.com |
| Risk Warning | 75% of retail investor accounts lose money when trading CFDs with this provider. | 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. | 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. | Losses can exceed deposits | Your capital is at risk | 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. |
Are The Brokerage fee World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. eToro Segregates clients funds and offers over 100 instruments. eToro offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, eToro supports many popular third-party trading platforms enabling access to a variety of markets worldwide that can be traded with the assistance of expert advisors or a customizable automatic trading strategy. eToro is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Brokerage fee is XTB . XTB Segregates clients funds and offers over 1,500 instruments.
| Broker |
eToro
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XTB
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Trading212
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Roboforex
|
EasyMarkets
|
Markets.com
|
| Instruments Available | 100 | 1,500 | 3000 | 100 | 200 | 100 |
| Platforms | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, Tablet & Mobile apps |
| Excluded Countries | US, IR, KP, BE, CA, JP, SY, TR, IL, HK | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | US | US, JP | US | RU, BR, CH, ZA, SG, JP, US, CA, BE, IL, TR, NZ, MY, SY, TH, ID, IR, IQ, HK, PH, PR |
| Forex pairs offered | 50 | 50 | 177 | 35 | 150 | 80 |
| Forex pairs offered | 50 | 50 | 177 | 35 | 150 | 80 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies | Yes | Yes | Yes | No | Yes | Yes |
| Commodities Offered | 0 | 21 | 14 | 0 | 12 | 0 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | No | Yes | Yes |
| Agricultural | Yes | Yes | Yes | No | Yes | Yes |
| Stocks Offered | 957 | 1696 | 1731 | 0 | 52 | 2011 |
| UK Shares | Yes | Yes | Yes | No | Yes | Yes |
| US Shares | Yes | Yes | Yes | No | Yes | Yes |
| German Shares | Yes | Yes | Yes | No | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | No | Yes | Yes |
What are the Brokerage fee Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Brokerage fee broker eToro offers competitive offers for Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency. eToro minimum deposit is 200.
Another top rated Brokerage fee broker XTB offers Forex, CFDs, Cryptocurrency. XTB minimum deposit is 0.
| Broker |
eToro
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XTB
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Trading212
|
Roboforex
|
EasyMarkets
|
Markets.com
|
| Min Deposit | 200 | 0 | 1 | 1 | 100 | 250 |
| Withdrawl Fees | Yes | varies | No | Yes | No | No |
| Inactivity Fees | Yes | No | No | No | No | No |
| Deposit Fees | No | No | No | No | No | No |
| CFD Commission Fees | No | Yes | No | No | No | No |
What are the Brokerage fee Funding and Withdrawal Methods?
When dealing with Brokerage fee having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
eToro
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XTB
|
Trading212
|
Roboforex
|
EasyMarkets
|
Markets.com
|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | Yes | No | No | Yes |
| Skrill | Yes | Yes | Yes | No | Yes | No |
| Payoneer | Yes | Yes | No | Yes | No | Yes |
| Neteller | Yes | Yes | No | Yes | Yes | No |
Find Brokerage fee with Round-the-clock support?
Customer service is very important when dealing with Brokerage fee.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
Brokerage fee customer support can include Phone answering services, Live chat support and Email customer service support.
eToro support a wide range of languages including English, German, Spanish, French, and Italian
XTB support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
eToro and XTB offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
eToro
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XTB
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Trading212
|
Roboforex
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EasyMarkets
|
Markets.com
|
| Support |
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| Languages | English, German, Spanish, French, and Italian | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, РУССКИЙ, Romana, Turkce, العربية, 中文 | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Arabic, Chinese, Spanish and Polish | Arabic, Chinese, Dutch, English, French, German, Italian, Japanese, Norwegian, Polish, Romanian, Russian, Spanish, and Turkish |
| Learn More | Visit eToro | Visit XTB | Visit Trading 212 | Visit Roboforex | Visit easyMarkets | Visit Markets.com |
| Risk Warning | 75% of retail investor accounts lose money when trading CFDs with this provider. | 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. | 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. | Losses can exceed deposits | Your capital is at risk | 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. |
Make sure the Brokerage fee Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, eToro and XTB work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why do Brokerage fee need to be regulated?
A regulated Brokerage fee broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Brokerage fee brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
Brokerage fee List
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account