Top Top Brokerage for 2020

We found 11 online brokers that are appropriate for Trading Compare Brokerage.

Best Brokerage Guide

Compare Brokerage

To get the most out of day trading, you will not only need to equip yourself with the best knowledge, skills, and strategies. Choosing the online trading platforms is also an integral part of your trading journey.

There is no one-size-fits-for-all option in the niche of the trading. Therefore, you will need to know how to compare the brokers first to narrow down your options.

How to compare the trading brokers

You will not know for sure about the best broker which you can work with until you can specify your needs, goals, as well as trading style.

Firstly, you will want to determine how often you will trade, when is the time you want to trade, how many days to trade, how big your capital is, as well as what kind of financial instrument you will want to use to trade.

You can choose between the top rated day trading brokers. But it is important to know that the No.1 trading site will not necessarily be 100% match for you.

There are some factors you will want to consider first before proceeding and the key points which you need to consider before proceeding are listed below.

The overall costs

You do not want the burden of the costs to worry you and thus implicate your profit.

First thing to notice in the costs is the commission rate. Does your trading broker offer low commission rates? It is obvious that a brokerage with low commission can help you to boost the profits in the long run.

Other than the commission, you will also need to take a look at the fee structure. Ensure that the broker fees structure is transparent.

Some irresponsible brokers come with complicated fee structures to upsell their service. There have been many times where the traders cannot manage because of the increase of fees.

Check on the broker fee structure thoroughly. If you notice something suspicious you should consult it with the experts.

The minimum deposit

Not all the brokers require minimum deposit but this can be a great start to assess the brokers.

This will also depend on your willingness too. If you think that the broker is serious enough, you could get the minimum deposit first.

The Trading Limit

Some brokers have trading limits.The daily trading limit is usually conducted to protect the traders against the volatility of the market.

The volatility in the market can be because of various factors. It will be excruicitating if there is any manipulation in the market. It will bring down the good traders who are respecting the rules.

Therefore, the trading limit can also be set to help you prevent losing more money.

Compare Brokerage

To get the most out of day trading, you will not only need to equip yourself with the best knowledge, skills, and strategies but also choosing the online trading platforms is an integral part of your trading journey.

There is no one-size-fits-for-all option in the niche of the trading. Therefore, you will need to know how to compare the brokers first to narrow down your options.

How to compare the trading brokers

You will not know for sure about the best broker who you can work with until you can specify your needs, goals and as well as your trading style.

You will want to determine how often you trade, when and how many days to trade, how big your capital is, as well as what kind of financial instrument you will want to use.

You can choose between the top-rated day trading brokers and it is important to know that the no.1 trading site will not necessarily a 100% match for you.

There are some factors and key points you will want to consider first before proceeding.

The overall costs

Do not worry about the costs all of the time which could have a negative impact on your profit.

First thing to notice in the costs is the commission rate. Does your trading broker offer low commission rates? A brokerage with low commission can help you to boost the profit in the long run.

Other than the commission, you will also need to look at the fee structure. Ensure the broker fees structure are transparent.

Some irresponsible brokers come with complicated fee structures to upsell their service. They have been many times where the traders struggled due to the racking up of fees.

Check the broker fee structure thoroughly. If you notice something suspicious, you could consult it with the expert.

The minimum deposit

Not all the brokers require minimum deposit but this can be a great start to assess the brokers.

However, this will also depend on your willingness too. If you think that the broker is serious enough, you could get the minimum deposit first.

The Trading Limit

Some brokers have trading limits and this daily trading limit is usually conducted to protect the traders against the volatility of the market.

As we know, the volatility in the market can be because of various factors. It will be excruciating if there is any manipulation in the market. It will bring down good traders who are respecting the rules.

Therefore, the trading limit can also be set to help you prevent losing money.

The trading account types

You will also want to take a look at the trading account types which are offered once you join with their services.

Do they offer various kinds of account types? You will want to explore these account types before deciding which one to take. Each trading account type has its own perks, features, as well as price. Read more about the accounts and make your choices wisely.

How about the features

The features of the trading platform should be able to support you from the beginning. Are their features able to support your demands and requirements?

The better platforms should be the ones with great features to help you to maximize the trading strategies for profits.

Keep in mind that the tools and features can be different from one trading broker to another.

The user interface

There's no point for you to join with a reputable trading broker if you still struggle to use the trading platform.

A good brokerage should present a user-friendly platform. The trading platform is administered by the broker party. In this case, the trading platform is usually made by the authorized third parties.

Some brokers might come with great platforms, but their user interface is hard to comprehend. But others might come with great user experience, but it does not suit your hardware. You must explore all of the available possibilities.

Can you do it while on the go?

It is also an important aspect to consider finding the best trading brokerage for you. If the trading platform comes with a mobile platform, it will allow you to use their platform while on the go.

This means you do not have to be in the office or at home to trade and make money. You can do it literally anywhere as long as you bring your mobile device to run the mobile platform of the broker.

Customer service

The customer service can tell you much about the quality of the trading platform that you are going to use. If time difference is your concern, you will want to work with the companies who are offering 24/7 customer support availability.

If you have ticked all of the boxes above, it should be much simpler and easier to find the best trading platform for you.

We've collected thousands of datapoints and written a guide to help you find the best Brokerage 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 compare brokerage below. You can go straight to the broker list here.

Reputable Brokerage Checklist

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

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

Our brokerage comparison table below allows you to compare the below features for brokers offering Compare Brokerage.

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

Top 15 Compare Brokerage of 2020 compared

Here are the top Compare Brokerage.

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

All brokers below are compare brokerage. Learn more about what they offer below.

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

Broker eToro IC Markets FP Markets XTB Trading212 Pepperstone City Index Plus500 FXPrimus Roboforex EasyMarkets
Rating
Regulation Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Australian Securities and Investment Commission (ASIC), 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) Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217 Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS) Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)
Min Deposit 200 200 100 No minimum deposit 1 200 25 100 100 1 100
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 12,000,000+ 60,000+ 10,000+ 250,000+ 14,000,000+ 10,000+ 14,000+ 15,500+ 10,000+ 10,000+ 142,500+
Benefits
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Managed account
  • Islamic account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
Spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
Platforms Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps MT4, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps MT4, Web Trader, Tablet & Mobile apps
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
etoro
Sign Up with
icmarkets
Sign Up with
fpmarkets
Sign Up with
xtb
Sign Up with
trading212
Sign Up with
pepperstone
Sign Up with
cityindex
Sign Up with
plus500
Sign Up with
fxprimus
Sign Up with
roboforex
Sign Up with
easymarkets
Risk Warning 75% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits Losses can exceed deposits 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. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% 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 74% of retail investor accounts lose money when trading CFDs with this provider 76.4% 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. Losses can exceed deposits Losses can exceed deposits Your capital is at risk
Demo eToro
Demo
IC Markets
Demo
FP Markets
Demo
XTB
Demo
Trading 212
Demo
Pepperstone
Demo
City Index
Demo
Plus500
Demo
FXPrimus
Demo
Roboforex
Demo
easyMarkets
Demo
Excluded Countries US, IR, KP, BE, CA, JP, SY, TR, IL, HK AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA US, JP, NZ US, IN, PK, BD, NG , ID, BE US BR, KR, IR, IQ, SY, JP, US US, CF, TD, CG, CG, CI, CU, GN, ER, GN, FR, GW, HT, IR, IQ, KR, LB, LR, LY, MM, NZ, NG, SL, SO, SD, SY, TM, UZ, VE, EH, YE, ZW BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. US, JP US

All Compare brokerage in more detail

You can compare Compare Brokerage 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 Compare Brokerage for 2020 article further below. You can see it now by clicking here

We have listed top Compare brokerage below.

Brokerage List

eToro
(4/5)
Min deposit : 200
eToro was established in 2006 and is used by over 12000000+ traders. 75% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 60000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies

Funding methods

Bank transfer Credit Card Paypal

Platforms

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
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, IRESS, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 250000+ traders. 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

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 Islamic account VIP account
Regulated by 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
Trading212
(4/5)
Min deposit : 1
Trading 212 was established in 2006 and is used by over 14000000+ traders. 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. Trading 212 offers Stocks, Forex, Commodities, Indices

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
Pepperstone
(4/5)
Min deposit : 200
Pepperstone was established in 2010 and is used by over 10000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money Pepperstone offers Forex, CFDs, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217
City Index
(4/5)
Min deposit : 25
City Index was established in 1983 and is used by over 14000+ traders. 74% of retail investor accounts lose money when trading CFDs with this provider City Index offers Forex, CFDs, Spread Betting

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS)
Plus500
(4/5)
Min deposit : 100
Plus500 was established in 2008 and is used by over 15500+ traders. 76.4% 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. Plus500 offers CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546
FXPrimus
(4/5)
Min deposit : 100
FXPrimus was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits FXPrimus offers Forex, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID)
Roboforex
(4/5)
Min deposit : 1
Roboforex was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
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

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)