We found 11 online brokers that are appropriate for Trading Dax.
In my 20 years as a trader, delving into various markets with their unique rhythms and nuances, the Deutscher Aktienindex, or DAX, has always stood out. This index isn't merely a collection of stocks; it's the backbone of the German economy, encapsulating the might of forty of Germany's premier corporations listed on the Frankfurt Stock Exchange (FRA). It's more than a market indicator; it's a gateway to understanding European economic trends.
Navigating the DAX requires more than just insight; it demands the right partnership with DAX brokers. These entities are more than financial intermediaries; they are your conduit to the vibrant world of DAX trading, offering a plethora of financial instruments. Beyond traditional stocks, they provide access to DAX futures, options, and ETFs tracking the index's performance. A notable mention must go to DAX CFD (Contract for Difference) trading, which offers the flexibility to speculate on price movements without owning the underlying asset, a feature particularly appealing for its leverage potential and the ability to go short.
However, the landscape of DAX brokers is as varied as it is vast, each bringing its unique suite of services, tools, and regulatory adherence. Financial regulation is paramount, ensuring your investments are handled within a framework designed to protect traders and maintain market integrity. As we explore this terrain, the importance of understanding a broker's regulatory compliance cannot be overstressed, as it is a testament to their credibility and the security of your capital.
The practical aspects of trading, such as funding and withdrawal methods, are crucial in selecting a DAX broker. The ease with which you can manage your funds, through various secure and convenient methods, directly impacts your trading experience. Similarly, the caliber of customer service—a broker's responsiveness, expertise, and support—can significantly influence your trading journey, especially in the fast-paced world of DAX trading.
Advanced DAX trading tools also play a critical role in a broker's value proposition. From sophisticated analytical tools, DAX trading risk management, to real-time data feeds and intuitive trading platforms, these resources can be the difference between success and stagnation in your trading endeavors.
I'd like to share some insights on the DAX index, a key benchmark that mirrors the performance of 40 top-tier, highly liquid German firms on the Frankfurt Stock Exchange. Think of the DAX as Germany's answer to the Dow Jones or the FTSE 100, offering a snapshot of the nation's economic pulse and investor sentiment.
Launched back in 1988, the DAX spans diverse sectors like automotive, healthcare, tech, consumer goods, and finance, making it the cornerstone of Germany's economic landscape. Its calculation hinges on a free-float methodology, counting only shares open to global investors, which underscores its significance for those eyeing the German market. Understanding the DAX's nuances can be a game-changer, especially for novices eager to navigate the complexities of equity investments in Germany.
The DAX's composition is reviewed quarterly to ensure it accurately reflects the current market environment, with companies being added or removed based on market capitalization and liquidity criteria. Its performance is a barometer of the health of the German economy and investor sentiment towards German equities. Over the years, the DAX has become a crucial indicator for economic trends in Europe, given Germany's status as the continent's largest economy.
The index is used by investors worldwide to gauge market trends, assess risk, and diversify portfolios, underscoring its significance in the global financial landscape.
The DAX is known as the DAX 30 or DAX 40 and with some brokers the GER40 index. The DAX is a German stock market index that tracks the performance of the top 30/ 40 German blue chip businesses that trade on the Frankfurt Stock Exchange. I list some of the current best DAX brokers available, each broker others difference tools, trading instruments, funding and withdrawal methods, customer service levels and financial regulation.
IC Markets is highly suitable for those engaged in high-frequency trading strategies on the DAX Index, providing narrow spreads and swift execution that favor scalping and day trading approaches. Its extensive range of instruments and international regulation assure both reliability and safety for DAX traders using the IC Markets platform.
eToro stands out for DAX beginners, offering unique social trading research tools such as eToro CopyTrading, where you can browser other traders trading the DAX (GER40) and mirror their Trades. Its user-friendly interface, backed by strong regulation, makes it a conducive platform for learning within its extensive community of over 30 million users.
RoboForex is tailored for traders with some level of experience, offering compatibility with MT4 and MT5 platforms for a technologically flexible trading environment. Its user-friendly design and rapid execution speeds are crucial for capitalizing on DAX market movements, though caution is advised due to its high leverage options.
XTB is particularly beneficial for those seeking to expand their knowledge of the DAX, with a strong emphasis on trader education and comprehensive market analysis. Its dedication to regulatory standards ensures a secure trading environment.
XM excels in customer support and offers a wide variety of trading instruments, making it a reliable choice for DAX trading. Its commitment to adhering to regulatory standards and providing strong client support guarantees a secure and helpful trading environment.
AvaTrade is distinguished by its versatile funding and withdrawal solutions, accommodating a broad spectrum of DAX traders. The AvaTradeGo app and AvaSocial platform add convenience and community interaction to trading, further supported by a diverse instrument selection and a commission-free structure.
FP Markets is noted for leveraging advanced technology, offering MetaTrader 4 and MetaTrader 5 platforms with sophisticated features that enhance DAX trading effectiveness. Its competitive spreads and varied trading options provide both strategic flexibility and cost efficiency.
Pepperstone is preferred for its straightforward account setup and extensive selection of over 1200 instruments. The Razor Account, offering low initial spreads, is particularly attractive for cost-conscious traders, backed by a robust regulatory foundation.
When choosing a broker for the DAX Index, consider key factors such as fees, investment choices, trading platforms, educational resources, and customer support, ensuring the broker's regulation by credible authorities like the FCA, SEC, or FINRA for safety and compliance.
As we delve into the intricacies of the DAX 30 index, it's essential to understand the diverse spectrum of companies that constitute its backbone. For instance, Airbus SE (AIR:GR) epitomizes innovation in the aerospace sector, while Adidas AG (ADS:GR) is a testament to resilience and growth in the athletic apparel industry. The financial stability and global outreach of Allianz SE (ALV:GR) provide a solid foundation in the insurance and asset management domain.
Moreover, the chemical sector's significance is underscored by German company giants like BASF SE (BAS:GR), while the pharmaceutical and life sciences fields are represented by Bayer AG (BAYN:GR). The personal care segment, essential for daily life, is embodied by Beiersdorf AG (BEI:GR). The automotive industry's dynamism and innovation are captured through Bayerische Motoren Werke AG (BMW:GR).
The list continues with Brenntag SE (BNR:GR) in the chemical distribution sector, Continental AG (CON:GR) in automotive parts, and Covestro AG (1COV:GR) in polymers. Each company within the DAX 30 plays a pivotal role in not just Germany's economy but also in setting global industry trends and standards.
The DAX Index calculation is based on a free-float market capitalization method, adjusted to ensure that only the publicly available shares are considered for the index's value. This methodology reflects the total market value of the constituent companies relative to their share of freely tradable shares. Here's a simplified overview of how the DAX Index is calculated:
Market Capitalization: The market capitalization of each company is determined by multiplying the current stock price by the total number of shares outstanding. However, for the DAX calculation, only the free-float shares, or shares available for public trading, are considered.
Free-Float Adjustment: Each company's market capitalization is then adjusted by its free-float factor, which is a percentage representing the proportion of shares readily available for trading. The free-float factor ranges from 0 to 1, where 1 means 100% of the company's shares are available for trading.
Index Calculation: The sum of all adjusted market capitalizations of the DAX constituents is then divided by the index divisor, a unique figure set by the index provider (Deutsche Börse). The divisor is periodically adjusted to maintain the index's continuity over time, taking into account corporate actions like stock splits, dividend payments, and changes in the list of index constituents.
Price Index vs. Performance Index: The DAX is often cited as a performance index, meaning it includes dividends and other income from the constituent stocks, assuming they are reinvested. This differs from a price index, which only considers the prices of the stocks.
The DAX index value is updated and published every second during the trading hours of the Frankfurt Stock Exchange, providing a real-time snapshot of the performance of the major German companies. This calculation method ensures the DAX remains a relevant and accurate barometer of the German stock market's health and, by extension, the German economy.
Here's a brief overview of the types of DAX brokers:
Online Retail Brokers: These brokers provide platforms for individual traders to access financial markets, including the DAX index. They offer various trading tools, research resources, and educational materials to help clients make informed trading decisions.
Full-Service Brokers: These firms offer a broader range of financial services beyond trading access, including investment advice, portfolio management, and financial planning. They cater to clients looking for a more personalized trading and investment experience.
Direct Market Access (DMA) Brokers: DMA brokers offer sophisticated traders direct access to financial exchanges, allowing them to place trades directly into the order book of the exchange. This can be advantageous for professional traders looking for faster execution and more control over their trades.
CFD and Forex Brokers: Many brokers specializing in Contracts for Difference (CFDs) and foreign exchange (Forex) trading also offer products that mimic the performance of the DAX index. These brokers allow traders to speculate on the price movements of the index without actually owning the underlying assets.
Institutional Brokers: Catering to the needs of institutional investors, these brokers provide bespoke services, including access to large volumes of liquidity, advanced trading technologies, and in-depth market analysis.
When choosing a DAX broker, it's essential for traders and investors to consider factors such as regulatory compliance, trading platform features, fees and commissions, available financial products, and the quality of customer support. Each type of broker offers different advantages depending on the client's trading style, investment goals, and level of experience.
Trading the DAX Index offers several advantages, making it an attractive option for many traders:
Diversification: The DAX Index represents a diversified portfolio of 40 major German companies across various sectors. Trading the DAX allows investors to gain exposure to the German economy and its leading industries, including automotive, pharmaceuticals, and technology, with a single transaction.
Liquidity: The DAX is one of the most liquid indices in the world, ensuring that traders can enter and exit positions with minimal slippage. High liquidity also means tighter spreads, reducing trading costs.
Accessibility: The DAX is accessible through various financial instruments, including futures, options, exchange-traded funds (ETFs), and contracts for difference (CFDs). This variety allows traders to select the product that best matches their trading style and risk tolerance.
Economic Representation: As the benchmark stock market index of Germany, the largest economy in Europe, the DAX provides direct exposure to economic trends and corporate performance within the region. It serves as a barometer for the health of the European economy.
Leverage: Many brokers offer leveraged products to trade the DAX, enabling traders to control a large position with a relatively small amount of capital. While leverage increases risk, it also amplifies potential returns.
Market Hours: The trading hours for the DAX align well with those of other major European and American markets, providing ample opportunity for trading across different time zones.
Hedging Opportunities: Traders can use the DAX to hedge against market volatility or economic uncertainty in Europe. For instance, an investor with exposure to European assets can short the DAX to offset potential losses in their portfolio.
Technical Analysis: The DAX is known for its adherence to technical analysis and patterns, making it suitable for traders who rely on technical strategies to make trading decisions.
Trading the DAX Index can offer significant opportunities for profit and portfolio diversification. However, like all trading, it requires a thorough understanding of the market dynamics and risks involved. Effective risk management and a well-considered strategy are essential for success in trading the DAX or any other financial instrument.
Trading the DAX Index, like any financial market activity, comes with its own set of disadvantages and risks that traders need to consider:
Volatility: The DAX Index can be highly volatile, reflecting both domestic economic indicators within Germany and broader international economic events. While volatility can create trading opportunities, it also increases the risk of losses, especially for those not prepared to manage such fluctuations.
Complexity: Understanding the factors that influence the DAX Index requires a comprehensive understanding of both the German economy and the performance of its major companies. Traders need to stay informed about global economic trends, European Union policies, and sector-specific news, which can be daunting for beginners.
Concentration Risk: Although the DAX lists 40 companies, it is still relatively concentrated compared to other global indices. This concentration means that significant movements in a few large companies or sectors can disproportionately impact the index, introducing specific risks that traders must manage.
Currency Risk: For international traders, the DAX Index presents a currency risk, as it is denominated in euros. Fluctuations in the EUR/USD exchange rate can affect returns for those whose base currency is not the euro, adding an extra layer of unpredictability.
Time Zone Differences: Trading hours for the DAX are based on Central European Time, which might not align with the trader's local time zone. This discrepancy can limit accessibility or require trading at inconvenient hours, potentially impacting decision-making.
Regulatory and Tax Implications: Traders must navigate the regulatory environment of trading a foreign index, which may involve specific tax implications and reporting requirements, depending on the trader's country of residence.
Leverage Risks: Many traders use leverage to trade indices like the DAX to amplify potential returns. However, leverage also magnifies losses, and traders can quickly find themselves facing margin calls if the market moves against them.
The DAX index was in a bull market state for an extraordinary 1587 days, i.e., between the year 2003 and mid-2007, where its value rose to 8,105.69 at its (then) all-time high. Similar to most indexes, the DAX crashed during the recession and in 2009, it fell to 3,580.
Since then, the index has managed to recover and on September 19, 2003, it hit its peak record high of 8,736. This was after an impressive performance in 2013 where it gained over 1000 points. The DAX Index hit a fresh record high in February 2024.
The internationalization of German corporations has proven to be a key driver of development for a lot of the companies listed on the DAX. It is also responsible for its solid performance throughout the years. Large corporations like Volkswagen, SAP, Bayer, Adidas, and Siemens, etc., have experienced substantial growth in the US stock market along with developing Asian markets.
The DAX is managed by the Deutsche Börse Group. This group manages marketplaces for the trade of securities and shares. It also administers the FRA. The Deutsche Börse Exchange also manages an index for mid-sized German corporations known a the MDAX, along with an index for much smaller German businesses known as the SDAX.
For a corporation to be eligible for the index, it has to first be listed on the Prime Standard, i.e., the FRA. At least 10 percent of the corporation’s shares have to be held publicly for it to be eligible for the index, along with some other trading regulations.
A corporation will be excluded from the index if it becomes insolvent, or if it falls to the forty-fifth position or lower in terms of market capitalization. A company can make it into the DAX index if it rises to the twenty-fifth position or higher.
The German Stock Exchange Board (or Deutsche Börse) holds meetings every fiscal quarter to decide the exclusion or admission of corporations from the index.
Trading the DAX, or the Deutscher Aktienindex, involves engaging with the performance of the top 40 listed companies in Germany. Here's a guide on how to approach DAX trading:
Understand the DAX: Familiarize yourself with the components and sectors represented in the DAX, as its performance is a reflection of Germany's largest and most liquid companies.
Choose Your Trading Instrument:
Select a Broker: Choose a broker that offers access to the German market and the specific instruments you're interested in trading. Consider factors like fees, platform features, and regulatory compliance.
Analyze the Market
Develop a Trading Strategy: Define your trading goals, risk tolerance, and capital allocation. Decide on a trading style (day trading, swing trading, position trading) that fits your profile.
Manage Risk: Utilize stop-loss orders to limit potential losses. Consider the use of leverage carefully, as it can magnify both gains and losses.
Start Trading: Open a position based on your analysis and strategy. Monitor the market for changes that might affect your position.
Monitor and Adjust: Stay informed about market conditions. Be prepared to adjust your strategy in response to new information or if the market moves against you.
Review and Learn: Regularly review your trades to learn from successes and mistakes. Continuous learning is key to improving your trading skills.
Much like any other stock index, you cannot directly invest in the DAX. However, you can invest in ETFs designed to track the price of DAX. You can also invest in shares in the companies that form the index.
Investing includes choosing assets that you can include in your portfolio to own them for the medium to long term. You can later sell these assets for profit. It is also possible to benefit from dividends, that is if a company you are looking out for repays a portion of its profits to investors.
You will not be able to profit from leverage when you are investing. In that case, you may have to pay for the entire value of your position directly. It is also feasible to obtain a short position, for instance, through inverse ETFs. However, most investors prefer the long-term over the short.
The DAX usually sees more volatility compared to other indices, making it more popular among traders. Following are the factors impacting the DAX’s price action:
Germany has the biggest economic system in the EU (European Union), and numerous DAX components sell across Europe. Because of that, unfavourable headlines around the EU can affect its price.
German companies often perform favourably when the wider economy is in an upturn during the recession phases. Hence, financial indicators significantly impact the DAX.
Germany’s most valued companies mostly face outward, e.g., Bayer, Volkswagen, and Adidas. They are, hence, reliant on international exports for their revenue. The value of the euro can also impact their stock prices.
Favourable earnings reports from components can send the index up. Negative cones can send it down. As already mentioned, the index is float-weighted, so larger corporations will impact its level more.
Choosing the right DAX broker is a critical decision for any trader aiming to navigate the complexities of the German stock market. The ideal broker should not only provide direct access to DAX-related instruments but also offer a robust trading platform, competitive fees, and reliable customer support. Additionally, regulatory compliance is non-negotiable, ensuring that your investments are protected and the broker operates under strict financial standards.
A broker's technological infrastructure is also paramount, especially for traders interested in real-time data, seamless order execution, and the ability to use automated trading systems. For those looking to trade with leverage or explore derivative products like CFDs, understanding the broker's offerings and the associated risks is crucial.
Diversification of trading instruments, including options and futures for those looking to hedge or speculate on the DAX, adds another layer of consideration. Furthermore, educational resources and analytical tools provided by the broker can significantly enhance your trading strategy and market understanding.
Ultimately, the verdict on DAX brokers hinges on finding a balance between security, cost, platform functionality, and the range of services offered. Given the DAX's prominence as a barometer of European economic health, the chosen broker should empower traders to make informed decisions, manage risks effectively, and capitalize on market opportunities. Conducting thorough research and perhaps starting with a demo account are prudent steps toward engaging with the DAX market confidently and successfully.
When trading of researching the DAX you may also want to consider other global Indices like the S&P 500, one observes the dramatic rises and falls characteristic of the Dow Jones, alongside the technology-fueled climbs of the NASDAQ. Each market index displays its unique behavior, reflecting the varied financial landscapes from the FTSE 100 in London to the CAC 40 in Paris, and the dynamic ASX in Australia to the NYSE financial markets.
We have conducted extensive research and analysis on over multiple data points on Dax Brokers for Trading the DAX Index to present you with a comprehensive guide that can help you find the most suitable Dax Brokers for Trading the DAX Index. Below we shortlist what we think are the best dax brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Dax Brokers for Trading the DAX Index.
Selecting a reliable and reputable online Dax 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 Dax more confidently.
Selecting the right online Dax 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.
When choosing a broker for dax trading, it's essential to compare the different options available to you. Our dax 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 dax broker that best suits your needs and preferences for dax. Our dax broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Dax Brokers.
Compare dax brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a dax broker, it's crucial to compare several factors to choose the right one for your dax needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are dax brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more dax brokers that accept dax clients.
Broker | IC Markets | Roboforex | XTB | XM | Pepperstone | AvaTrade | FP Markets | EasyMarkets | SpreadEx | FXPro | Admiral |
---|---|---|---|---|---|---|---|---|---|---|---|
Rating | |||||||||||
Regulation | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority 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) | Financial Conduct Authority (FCA) (595450), Cyprus Securities and Exchange Commission (CySEC)(310328), FSA (Financial Services Authority of Seychelles) (SD073) |
Min Deposit | 200 | 10 | No minimum deposit | 5 | No minimum deposit | 100 | 100 | 25 | No minimum deposit | 100 | 1 |
Funding |
|
|
|
|
|
|
|
|
|
|
|
Used By | 200,000+ | 730,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ | 60,000+ | 7,800,000+ | 30,000+ |
Benefits |
|
|
|
|
|
|
|
|
|
|
|
Accounts |
|
|
|
|
|
|
|
|
|
|
|
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 | 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) | MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader |
Support |
|
|
|
|
|
|
|
|
|
|
|
Learn More |
Sign
Up with icmarkets |
Sign
Up with roboforex |
Sign
Up with xtb |
Sign
Up with xm |
Sign
Up with pepperstone |
Sign
Up with avatrade |
Sign
Up with fpmarkets |
Sign
Up with easymarkets |
Sign
Up with spreadex |
Sign
Up with fxpro |
Sign
Up with admiralmarkets |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 75-83% 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 | Losses can exceed deposits |
Demo |
IC Markets Demo |
Roboforex Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Admiral Markets 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 | 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 | US, CA, JP, SG, MY, JM, IR, TR |
You can compare Dax Brokers 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 Dax Brokers for 2025 article further below. You can see it now by clicking here
We have listed top Dax brokers below.