Top Depth Of Market Brokers for 2020

We found 10 online brokers that are appropriate for Trading Depth Of Market.

Best Depth Of Market Brokers Guide

Depth of Market Brokers

The term Depth of Market (DOM) in Forex trading refers to an indication of a markets liquidity based on number of open buy sell orders.

Based on the number of open orders at each price the depth of the market can be measured. Higher open orders indicates greater market depth.

A good DOM means good liquidity of a currency pair while a low DOM refers to less liquidity.

Depth of Market brokers are brokers who offer depth of market data.

Their platforms or software display information to help traders take advantage of the liquidity of a particular currency.

With DOM data, traders get an indication of when to liquidate their positions.

Data offered by the so-called depth of market brokers also includes pending orders. Apart from bid and ask prices, it also shows in real-time the volume of all the bids and offers.

The data is sometimes called an order book as it reveals the number of pending orders below and above the current price.

With the help of depth of market broker data, you can also check the activity of a currency to know whether enough depth is available and the volume seems to complement trading at a certain times.

Depth of Market Representation

Why Depth of Market Matters

With the help of the depth of market data, traders have a greater understanding of whether it is time to buy or sell in Forex trading.

If the buy orders are more than that of sell orders, the price may increase.

Price may weaken if sell orders are more than buy orders.

The data helps traders to know the entry and exit points.

Depth of Market Brokers Verdict

Traders are suggested to invest enough time in learning the data provided by the depth of market brokers.

Understand how DOM works and know the indications revealed by it on market conditions.

A study on it can help you to know the volume that can be traded.

It is strongly recommended to only deal with such depth of market brokers who are well regulated and holds a good reputation among clients.

We've collected thousands of datapoints and written a guide to help you find the best Depth Of Market Brokers 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 depth of market brokers below. You can go straight to the broker list here.

Reputable Depth Of Market Brokers Checklist

There are a number of important factors to consider when picking an online Depth Of Market 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 Depth Of Market Brokers.

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

Top 15 Depth Of Market Brokers of 2020 compared

Here are the top Depth Of Market Brokers.

Compare Depth Of Market Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are depth of market brokers. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more depth of market brokers that accept depth of market clients

Broker IC Markets Pepperstone Roboforex OctaFX FXPro tradershome optionshouse e*trade choicetrade bittrex
Rating
Regulation Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) 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 Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of The Bahamas (SCB), Dubai Financial Services Authority (DFSA) Unregulated Financial Industry Regulatory Authority (FINRA) Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) Unregulated Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)
Min Deposit 200 200 1 5 100 100 No minimum deposit 100 250 100
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
Used By 60,000+ 10,000+ 10,000+ 30,000+ 10,000+ 10,000+ 10,000+ 10,000+ 10,000+ 10,000+
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
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • 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
  • Offers STP
  • Low min deposit
  • Low min deposit
  • Low min deposit
  • Low min deposit
  • Low min deposit
Accounts
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN 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
  • Zero spread account
  • Islamic account
  • Demo account
  • Mini account
  • Islamic account
  • Demo account
  • Standard account
  • ECN account
  • Islamic account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Mini account
  • Standard 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
Platforms MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps MT4, MT5, Web Trader, cTrader, Tablet & Mobile apps MT4, MT5, cTrader, Tablet & Mobile apps cTrader, SocialTrading, copyTrading, webPlatform, DesktopPlatform, Proprietary . cTrader, SocialTrading, copyTrading, webPlatform, DesktopPlatform, Proprietary . cTrader, SocialTrading, webPlatform, DesktopPlatform, Proprietary . cTrader, SocialTrading, copyTrading, webPlatform, DesktopPlatform, Proprietary . MetaTrader 4, cTrader Platform
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
Sign Up with
pepperstone
Sign Up with
roboforex
Sign Up with
octafx
Sign Up with
fxpro
Sign Up with
tradershome
Sign Up with
optionshouse
Sign Up with
etrade
Sign Up with
choicetrade
Sign Up with
bittrex
Risk Warning Losses can exceed deposits 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 Losses can exceed deposits Losses can exceed deposits Your capital is at risk Your capital is at risk Your capital is at risk Your capital is at risk Your capital is at risk Your capital is at risk
Demo IC Markets
Demo
Pepperstone
Demo
Roboforex
Demo
OctaFX
Demo
FXPro
Demo
TradersHome
Demo
OptionsHouse
Demo
ETRADE
Demo
ChoiceTrade
Demo
Bittrex
Demo
Excluded Countries 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 BR, KR, IR, IQ, SY, JP, US US, JP US US, IR, CA UK,US

All Depth of market brokers in more detail

You can compare Depth Of Market 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 Depth Of Market Brokers for 2020 article further below. You can see it now by clicking here

We have listed top Depth of market brokers below.

Depth Of Market Brokers List

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)
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
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)
OctaFX
(4/5)
Min deposit : 5
OctaFX was established in 2011 and is used by over 30000+ traders. Losses can exceed deposits OctaFX offers Forex

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, 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)
FXPro
(3/5)
Min deposit : 100
FXPro was established in 2006 and is used by over 10000+ traders. Your capital is at risk 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, 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), Financial Sector Conduct Authority (FSCA), Securities Commission of The Bahamas (SCB), Dubai Financial Services Authority (DFSA)
tradershome
(3/5)
Min deposit : 100
TradersHome was established in 2008 and is used by over 10000+ traders. Your capital is at risk TradersHome offers Forex trading, CFD trading, Share Dealing

Funding methods

Bank transfer Credit Card Paypal

Platforms

cTrader, SocialTrading, copyTrading, webPlatform, DesktopPlatform, Proprietary .

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
optionshouse
(3/5)
Min deposit : 0
OptionsHouse was established in 2008 and is used by over 10000+ traders. Your capital is at risk OptionsHouse offers Forex trading, CFD trading, Social trading, Share Dealing

Funding methods

Bank transfer Credit Card Paypal

Platforms

cTrader, SocialTrading, copyTrading, webPlatform, DesktopPlatform, Proprietary .

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Industry Regulatory Authority (FINRA)
e*trade
(3/5)
Min deposit : 100
ETRADE was established in 2012 and is used by over 10000+ traders. Your capital is at risk ETRADE offers Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing

Funding methods

Bank transfer Credit Card Paypal

Platforms

cTrader, SocialTrading, webPlatform, DesktopPlatform, Proprietary .

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)
choicetrade
(3/5)
Min deposit : 250
ChoiceTrade was established in 2009 and is used by over 10000+ traders. Your capital is at risk ChoiceTrade offers Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing

Funding methods

Bank transfer Credit Card Paypal

Platforms

cTrader, SocialTrading, copyTrading, webPlatform, DesktopPlatform, Proprietary .

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
bittrex
(3/5)
Min deposit : 100
Bittrex was established in 2010 and is used by over 10000+ traders. Your capital is at risk Bittrex offers Forex trading, Share Dealing

Funding methods

Bank transfer Credit Card Paypal

Platforms

MetaTrader 4, cTrader Platform

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)