Top Depth Of Market Brokers for 2020

We found 12 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 Top 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 abshiresmithglobal bittrex choicetrade e*trade optionshouse Fibo Group tradershome
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) 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) Financial Conduct Authority (FCA) Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) Unregulated Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) Financial Industry Regulatory Authority (FINRA) Financial Conduct Authority (FCA) Unregulated
Min Deposit 200 200 1 5 100 500 100 250 100 No minimum deposit 300 100
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
  • 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+ 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
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Low min deposit
  • Low min deposit
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Offers STP
  • 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
  • Mini account
  • Standard account
  • Demo account
  • Mini account
  • Demo account
  • Standard account
  • Islamic account
  • Islamic account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • Managed account
  • Islamic account
  • Demo account
  • Standard account
  • ECN account
  • Islamic account
Spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • 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 MetaTrader 4, cTrader Platform MetaTrader 4, cTrader Platform cTrader, SocialTrading, copyTrading, webPlatform, DesktopPlatform, Proprietary . cTrader, SocialTrading, webPlatform, DesktopPlatform, Proprietary . cTrader, SocialTrading, copyTrading, webPlatform, DesktopPlatform, Proprietary . MT4, MT5, Mirror Trader, Web Trader, cTrader, Tablet & Mobile apps cTrader, SocialTrading, copyTrading, webPlatform, DesktopPlatform, Proprietary .
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
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
IC Markets
Sign Up with
Pepperstone
Sign Up with
Roboforex
Sign Up with
OctaFX
Sign Up with
FXPro
Sign Up with
Abshire Smith Global
Sign Up with
Bittrex
Sign Up with
ChoiceTrade
Sign Up with
ETRADE
Sign Up with
OptionsHouse
Sign Up with
Fibo Group
Sign Up with
TradersHome
Risk Warning Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.6% 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 Your capital is at risk Your capital is at risk
Demo IC Markets
Demo
Pepperstone
Demo
Roboforex
Demo
OctaFX
Demo
FXPro
Demo
Abshire Smith Global
Demo
Bittrex
Demo
ChoiceTrade
Demo
ETRADE
Demo
OptionsHouse
Demo
Fibo Group
Demo
TradersHome
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 KR, IR, IQ, SY, JP, US US, JP US US, IR, CA US, IR AT, GB, IQ, KR, US UK,US

All Depth of market brokers in more detail

We have listed 12 top Depth of market brokers below.

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

1
IC Markets
(4/5)
Min deposit : 200
IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies
IC Markets was established in 2007 and is used by over 60000+ traders.
Losses can exceed deposits

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

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

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
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)
IC Markets screenshot
2
Pepperstone
(4/5)
Min deposit : 200
Pepperstone offers Forex, CFDs, Social Trading
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. 73.6% 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

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

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

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)
Pepperstone screenshot
3
Roboforex
(4/5)
Min deposit : 1
Roboforex offers Forex, CFDs
Roboforex was established in 2009 and is used by over 10000+ traders.
Losses can exceed deposits

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

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

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
Roboforex screenshot
4
OctaFX
(4/5)
Min deposit : 5
OctaFX offers Forex
OctaFX was established in 2011 and is used by over 30000+ traders.
Losses can exceed deposits

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

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

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
OctaFX screenshot
5
FXPro
(4/5)
Min deposit : 100
FXPro offers Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies
FXPro was established in 2006 and is used by over 10000+ traders.
Your capital is at risk

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

MT4, MT5, cTrader, Tablet & Mobile apps

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
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)
FXPro screenshot
6
abshiresmithglobal
(3/5)
Min deposit : 500
Abshire Smith Global offers Forex trading, Social trading, Share Dealing
Abshire Smith Global was established in 1997 and is used by over 10000+ traders.
Your capital is at risk

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

MetaTrader 4, cTrader Platform

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
7
bittrex
(3/5)
Min deposit : 100
Bittrex offers Forex trading, Share Dealing
Bittrex was established in 2010 and is used by over 10000+ traders.
Your capital is at risk

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

MetaTrader 4, cTrader Platform

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
Regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)
8
choicetrade
(3/5)
Min deposit : 250
ChoiceTrade offers Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing
ChoiceTrade was established in 2009 and is used by over 10000+ traders.
Your capital is at risk

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

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

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
9
e*trade
(3/5)
Min deposit : 100
ETRADE offers Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing
ETRADE was established in 2012 and is used by over 10000+ traders.
Your capital is at risk

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

cTrader, SocialTrading, webPlatform, DesktopPlatform, Proprietary .

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
Regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)
10
optionshouse
(3/5)
Min deposit : 0
OptionsHouse offers Forex trading, CFD trading, Social trading, Share Dealing
OptionsHouse was established in 2008 and is used by over 10000+ traders.
Your capital is at risk

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

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

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
Regulated by Financial Industry Regulatory Authority (FINRA)
Fibo Group
(3/5)
Min deposit : 300
Fibo Group offers Forex, Social Trading
Fibo Group was established in 1998 and is used by over 10000+ traders.
Your capital is at risk

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

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

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
tradershome
(3/5)
Min deposit : 100
TradersHome offers Forex trading, CFD trading, Share Dealing
TradersHome was established in 2008 and is used by over 10000+ traders.
Your capital is at risk

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

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

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account