Currency Brokers for 2025

We found 11 online brokers that are appropriate for Trading Currency Brokers Investment Platforms.

Currency Brokers Guide

Analysis by Andrew Blumer, Updated and fact checked by Senad Karaahmetovic, Last updated - May 13, 2025

Currency Brokers

Over the past five years, the number of currency brokers has grown at an unprecedented rate, outpacing the expansion seen in the previous two decades. With the rise of online trading platforms and increasing accessibility to global markets, more traders than ever are turning to these brokers to facilitate their Forex transactions, trading popular pairs like EUR/USD, GBP/JPY, and AUD/NZD.

Despite their growing presence, many traders—especially beginners—still struggle to understand what currency brokers do and how they differ from traditional Forex brokers. As someone who has navigated the world of currency trading, I know firsthand how crucial it is to choose the right broker. A good currency broker can mean the difference between smooth, cost-effective trades and frustrating, expensive transactions, especially when dealing with volatile pairs like USD/ZAR or NZD/JPY.

Currency brokers play an essential role in helping traders and businesses exchange one currency for another at competitive rates. Whether you're trading for speculation, hedging risks, or conducting international transactions, working with a reliable and cost-efficient broker can greatly impact your overall trading experience—whether you're managing major pairs like USD/CHF or exotic crosses like EUR/TRY.

What Are Currency Brokers?

Currency brokers act as intermediaries, facilitating the buying and selling of currencies on behalf of their clients. The proceeds from these transactions can then be transferred internationally. Also known as money transfer companies, currency exchange companies, or foreign exchange brokers, their primary function remains the same: converting your funds into another currency and sending them to an international account.

These brokers operate under strict regulatory oversight from financial authorities such as the Financial Conduct Authority (FCA). Unlike Forex brokers, which focus on speculative trading and leverage, currency brokers cater primarily to individuals and businesses looking for efficient and cost-effective foreign exchange services. Understanding this distinction is essential when choosing the right broker for your needs.

Best Currency Brokers

Finding the right currency broker is crucial for smooth and cost-effective international transactions. Below is a curated list of some of the best currency brokers available, each offering unique benefits. Before choosing a broker, consider your trading needs, transfer requirements, and risk tolerance.

IC Markets

IC Markets Platform Overview

IC Markets is known for its tight spreads and fast execution, making it a great option for those who prioritize efficiency in currency exchange. Whether you're a beginner or an experienced trader, its platform is designed to handle high-volume transactions with precision.

IC Markets major currency pairs list

RoboForex

RoboForex Platform Overview

RoboForex offers competitive fees and flexible trading options, making it ideal for those who need cost-effective currency transfers. The broker supports high-leverage transactions and automation tools, which can benefit traders managing international payments efficiently.

Roboforex live currency quotes

eToro

eToro Screenshot

eToro is well-suited for individuals and businesses that want a more social trading experience. Its copy-trading features allow users to follow successful traders, while its user-friendly platform makes managing international currency transactions simple and efficient.

Currency pair list eToro

XTB

XTB Platform Overview

XTB stands out for its comprehensive research tools and educational resources. For those who want a deep understanding of exchange rates and market trends, XTB provides valuable insights alongside its currency trading services.

XTB currency pair list

XM

XM Screenshot

XM is a trusted broker that emphasizes strong customer support and a diverse range of trading instruments. Its secure and well-regulated platform makes it an attractive choice for individuals and businesses handling international currency exchanges.

XM currency pair list

Pepperstone

Pepperstone Platform Overview

Pepperstone is a highly versatile broker offering low spreads and a wide range of trading instruments. Whether you need fast currency conversions or advanced trading tools, it provides a customer-centric approach to foreign exchange.

AvaTrade

AvaTrade Screenshot

AvaTrade is well-suited for those who need a versatile and commission-free trading experience. Its platform is ideal for individuals and businesses looking for a cost-efficient way to handle foreign currency exchanges.

AvaTrade currency pair list

FP Markets

FP Markets Screenshot

FP Markets is known for its high-speed trade execution and competitive spreads. If you require fast and efficient currency exchanges, FP Markets provides advanced trading platforms that support both manual and automated transactions.

FP Markets currency pair list

Types of Currencies You Can Trade

When trading currencies through brokers, you have access to a wide range of currency types, each offering unique opportunities and risks. Major currencies such as the British Pound (GBP), US Dollar (USD), Euro (EUR), Japanese Yen (JPY), and Swiss Franc (CHF) are the most frequently traded globally. These currencies are known for their stability, lower volatility, and tight spreads, making them ideal for both beginners and experienced traders.

Beyond the majors, traders can engage with minor currencies, also called 'cross currencies,' which are traded against each other without involving the US Dollar. Examples include EUR/GBP and EUR/AUD. These pairs often exhibit higher volatility and wider spreads compared to major currencies, offering both risks and opportunities for traders seeking more dynamic price movements.

For those looking to trade in more niche markets, exotic currencies present another option. These include currencies from emerging or smaller economies, such as the Turkish Lira (TRY) or South African Rand (ZAR). Exotic currencies can be highly volatile and less liquid, meaning they carry higher risks but also potential for significant rewards when traded strategically. Some brokers may also offer additional exotic currency pairs or commodities for diversification.

In recent years, cryptocurrencies have become a popular addition to many brokers' offerings. Digital assets like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) operate on decentralized networks and are known for their extreme price fluctuations. Crypto trading is highly speculative and best suited for traders who can manage the inherent risks of this volatile market.

Currency Brokers

Advantages of Trading Different Currencies

Trading various currencies provides traders with multiple benefits, from risk management to increased profit potential. The table below highlights key advantages across different types of currencies.

Advantage Description Best Currency Types
Diversification From my experience, relying on just one currency pair can be risky. By trading a mix of major, minor, and exotic pairs, I was able to spread out my risk. It really helped when one market was volatile — the others often balanced things out. Major, Minor, Exotic
Market Opportunities I’ve noticed that every currency pair reacts differently to news. Sometimes a minor pair would move much more than a major after an interest rate announcement. Learning to spot these differences opened up a lot more trading opportunities for me. Major, Minor, Exotic, Cryptocurrencies
High Liquidity When I first started trading, I stuck with major pairs like EUR/USD because they offered really fast execution. I could open and close trades without worrying about huge price gaps, which made my early trading experience much smoother. Major
Potential for High Returns While trading exotic currencies and cryptocurrencies, I’ve seen how quickly gains (and losses) can happen. The volatility can be intimidating, but with the right strategy, it’s possible to catch some big moves and make impressive returns. Exotic, Cryptocurrencies
Lower Transaction Costs One lesson I learned early was that trading major pairs helped me save a lot on spreads. Lower costs meant that even smaller wins were worthwhile, especially when trading frequently throughout the week. Major
24/5 Market Availability Being able to trade at almost any time has been a huge advantage for me. Whether it was early morning or late at night, I could find opportunities that fit my schedule without feeling pressured to trade during normal hours. Major, Minor, Exotic
Access to Emerging Markets I got interested in exotic currencies because they gave me a window into growing economies. Some of my most exciting trades happened when smaller countries experienced big economic changes that the major markets didn’t reflect yet. Exotic
Speculative Opportunities Trading cryptocurrencies felt like a rollercoaster at times, but it taught me a lot about momentum and market sentiment. Quick reactions and clear strategies helped me benefit from the fast-paced environment. Cryptocurrencies

Currencies and trading chart

Risks Associated with Currency Trading

While currency trading offers lucrative opportunities, it also comes with significant risks that traders must carefully manage. One of the most notable risks is market volatility. Currency markets can experience sharp price fluctuations, especially with minor, exotic, and cryptocurrency pairs. These sudden movements can lead to substantial gains, but they also pose the risk of heavy losses if positions are not managed properly.

Currency Leverage Risk

Another major concern is leverage risk. Many brokers offer high leverage, allowing traders to control large positions with relatively small capital. While leverage can magnify profits, it can just as easily amplify losses, potentially leading to account liquidation if not used cautiously. Understanding how to manage leverage effectively is crucial for maintaining a balanced trading approach.

Currency Liquidity Risk

Liquidity risk is another factor traders should consider, particularly when dealing with less popular currency pairs. Unlike major currency pairs, which enjoy high trading volume and tight spreads, exotic currencies and some minor pairs may suffer from lower liquidity. This can make it difficult to execute trades at optimal prices, particularly during off-market hours when trading activity is lower.

Geopolitical and Economic Risks in Currency Trading

Geopolitical and economic risks also play a critical role in currency trading. Exchange rates are heavily influenced by political events, economic data releases, and central bank policies. Unexpected shifts, such as interest rate hikes, inflation spikes, or political instability, can cause abrupt changes in currency values. Traders who fail to stay informed about global economic developments may find themselves caught off guard by market reactions.

Currency Regulatory Risk

Another key consideration is regulatory risk. Currency trading regulations vary across different countries, and sudden policy changes can significantly impact trading conditions. Traders operating in highly regulated regions may experience restrictions on leverage, access to certain currency pairs, or new compliance requirements. Keeping up with regulatory updates is essential to avoid disruptions in trading strategies.

Disclaimer: Currency trading carries a high level of risk and may not be suitable for all investors. The potential for losses is significant, and traders should only invest capital they can afford to lose. A solid understanding of risk management strategies is essential for navigating the complexities of the currency markets.

How Do Currency Brokers Generate Income?

Currency brokers employ multiple revenue-generating strategies, primarily through exchange rate markups and transaction fees. Unlike Forex brokers, who facilitate speculative trading, currency brokers focus on currency conversion and international transfers, earning profits from pricing differentials and service charges.

Exchange Rate Markups

One of the primary ways currency brokers make money is through exchange rate markups. While financial markets display wholesale interbank exchange rates, these rates are rarely available to individual consumers. Instead, brokers apply their own exchange rates, which include a markup. The difference between the buy and sell prices—known as the spread—is where they generate profit. This functions similarly to any other financial market, where pricing fluctuates based on supply, demand, and market conditions. The size of the markup varies depending on the broker and the currency pair being exchanged, with exotic or less liquid currencies often carrying higher markups.

Transfer Fees

Another key revenue source for currency brokers is transfer fees. These fees are charged per transaction and vary between brokers based on factors such as the amount being transferred, the destination country, and the chosen payment method. While some brokers promote fee-free transfers as a competitive advantage, they often compensate for this by widening their exchange rate spreads. In some cases, brokers may also charge additional service fees for same-day transfers or expedited processing, providing premium services for customers who require faster transactions.

Currency brokers may also earn revenue through subscription-based services or premium account features. Some brokers offer tailored solutions for businesses and high-volume traders, including risk management tools, forward contracts, and customized hedging strategies. These services often come with associated fees or higher exchange rate markups, further contributing to the broker’s overall earnings.

Understanding how brokers generate income is crucial for traders and consumers alike. By comparing exchange rates, transfer fees, and additional charges, individuals can make more informed decisions when selecting a currency broker for their needs.

Forex trading screen and bank building

Currency Brokers vs. Banks

When transferring money internationally, individuals and businesses can choose between banks and currency brokers. While both options facilitate currency exchange and cross-border payments, they differ significantly in cost, speed, and flexibility. Banks have traditionally dominated the international transfer market, relying on payment networks such as SEPA (for transactions within the EU) and SWIFT (for global transfers). However, currency brokers have emerged as a competitive alternative by offering lower fees and more favorable exchange rates.

Unlike banks, which often impose high transfer fees and wide exchange rate markups, currency brokers typically provide more competitive pricing by offering exchange rates closer to the interbank rate. Many brokers also eliminate fixed transfer fees for larger transactions, making them a cost-effective choice for businesses and individuals sending significant amounts abroad. Additionally, currency brokers specialize in international payments, meaning they can offer faster processing times and personalized customer support, features that traditional banks may lack.

While banks remain a trusted option for international transfers, they often come with slower transaction speeds and less transparency regarding exchange rate markups. Currency brokers, on the other hand, are designed specifically for foreign exchange services, offering tailored solutions such as forward contracts, market orders, and hedging options to help clients manage currency risks. However, choosing a reputable broker is crucial, as reliability varies across the industry.

Can Currency Brokers Be Trusted?

Not all currency brokers operate with the same level of transparency and reliability, making it essential for traders and businesses to conduct due diligence before selecting a provider. While reputable brokers adhere to strict financial regulations, including oversight from authorities such as the Financial Conduct Authority (FCA), some lesser-known brokers may lack proper licensing or consumer protection measures.

To ensure a broker’s legitimacy, traders should verify its regulatory status by checking official databases, such as the FCA’s register. Additionally, researching customer reviews on independent platforms can provide insight into a broker’s reputation, service quality, and reliability. A trustworthy broker should maintain a transparent website that clearly displays its regulatory credentials, physical office address, and customer support details.

Security is another critical factor when evaluating a currency broker. Reputable brokers employ secure payment methods and safeguard client funds through segregated accounts, ensuring that customer money is protected even in the event of insolvency. Transparency in pricing, competitive exchange rates, and a strong customer service track record are also key indicators of a broker’s reliability.

By thoroughly researching and choosing a well-regulated broker, traders and businesses can confidently engage in currency exchange while minimizing risks associated with unregulated or fraudulent providers.

FCA currency trading regulation

Currency Brokers Verdict

Currency brokers have become a cost-effective alternative to traditional banks for international money transfers and currency exchanges. Unlike banks, which often impose higher fees and less favorable exchange rates, brokers provide more competitive pricing, faster transaction speeds, and additional services such as forward contracts and hedging options. Their ability to facilitate international transfers with lower costs has made them a preferred choice for both individuals and businesses.

When selecting a currency broker, it is essential to understand how they generate income. Brokers earn through exchange rate markups and transaction fees, but their pricing structures vary. While some brokers charge a flat transfer fee, others offer zero-fee transfers with slightly adjusted exchange rates. Understanding these cost structures ensures that traders and businesses get the best deal when exchanging currencies.

Despite the advantages, currency trading carries risks. Market volatility, liquidity concerns, and leverage risks can lead to potential losses if not managed carefully. Additionally, geopolitical events and regulatory changes can impact currency values, affecting both traders and businesses that rely on foreign exchange transactions. Proper risk management and a clear understanding of market conditions are crucial when engaging in currency trading.

The choice between using a bank or a currency broker depends on individual needs. While banks provide a sense of security and familiarity, brokers offer lower fees and more flexibility. Currency brokers, designed specifically for forex transactions, can provide better exchange rates and specialized services that banks often lack. However, the reliability of brokers varies, making due diligence essential.

The question of whether currency brokers can be trusted depends on their regulatory status and reputation. Reputable brokers are regulated by authorities such as the Financial Conduct Authority (FCA), ensuring consumer protection and financial stability. Before choosing a broker, I always check for regulatory approval, customer reviews, and transparent pricing policies. A trustworthy broker should also provide secure payment methods and segregated client accounts to protect funds from company insolvency.

Ultimately, working with a reliable currency broker can offer significant financial advantages, whether for international money transfers or forex trading. However, conducting thorough research, understanding the risks, and choosing a broker with strong regulatory oversight are essential to ensuring a secure and cost-effective experience.

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

Reputable Currency Brokers Checklist

Selecting a reliable and reputable online Currency Brokers 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 Currency Brokers Investment Platforms more confidently.

Selecting the right online Currency Brokers 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 Currency Brokers Investment Platforms in Our Brokerage Comparison Table

When choosing a broker for Currency Brokers Investment Platforms trading, it's essential to compare the different options available to you. Our Currency Brokers 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 Currency Brokers Investment Platforms broker that best suits your needs and preferences for Currency Brokers Investment Platforms. Our Currency Brokers Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.

Top 15 Currency Brokers Investment Platforms of 2025 compared

Here are the top Currency Brokers Investment Platforms.

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

All brokers below are Currency Brokers Investment Platforms. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more Currency Brokers Investment Platforms that accept Currency Brokers 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) (000261/4) 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
  • 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 200,000+ 730,000+ 35,000,000+ 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
Accounts
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • ECN account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Demo account
  • Mini account
  • Islamic account
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 MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) 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 MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play)
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
icmarkets
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roboforex
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etoro
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xtb
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xm
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pepperstone
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avatrade
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fpmarkets
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easymarkets
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spreadex
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fxpro
Risk Warning Losses can exceed deposits Losses can exceed deposits 61% of retail investor accounts lose money when trading CFDs with this provider. 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. 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. 75-95 % of retail investor accounts lose money when trading CFDs 71% of retail investor accounts lose money when trading CFDs with this provider Losses can exceed deposits Your capital is at risk Losses can exceed deposits 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider
Demo IC Markets
Demo
Roboforex
Demo
eToro
Demo
XTB
Demo
XM
Demo
Pepperstone
Demo
AvaTrade
Demo
FP Markets
Demo
easyMarkets
Demo
SpreadEx
Demo
FxPro
Demo
Excluded Countries US, IR, CA, NZ, JP AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, US, IN, PK, BD, NG , ID, BE, AU US, CA, IL, IR AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET BE, BR, KP, NZ, TR, US, CA, SG US, JP, NZ US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE US, TR US, CA, IR


All Currency Brokers Investment Platforms in more detail

You can compare Currency Brokers 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 Currency Brokers Investment Platforms for 2025 article further below. You can see it now by clicking here

We have listed top Currency Brokers Investment Platforms below.

Currency Brokers 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. The value of your investments may go up or down. Your capital is at risk.

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.

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

eToro does not approve or endorse any of the trading accounts customers may choose to copy or follow. Assets held in your name. Your Capital at risk.

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.

Crypto assets are unregulated & highly speculative. No consumer protection. Capital at risk. May not suffice as basis for investment decision.

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

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

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

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

eToro was established in 2007 and is used by over 35000000+ 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) (000261/4) 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. Losses can exceed deposits 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)

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Losses can exceed deposits
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Losses can exceed deposits