TOP Exchange Traded Fund ETF Brokers for 2024

We found 11 online brokers that are appropriate for Trading Etf.

Best Etf Brokers Guide

Analysis by Andrew Blumer, Updated and fact checked by Senad Karaahmetovic, Last updated - March 17, 2024

Best ETF Brokers

As a financial trader with a couple of decades in the game, I've seen my fair share of ETF brokers, and I'll tell you, not all are created equal. When you're looking for the best ETF broker, there are a few key things you should consider.

First off, you want to look at the commission fees. These days, many brokers offer commission-free ETF trades, which is great, but always read the fine print. Sometimes what you save on commissions, you pay for in other fees, like account maintenance or inactivity fees.

Next, consider the selection of ETFs available. A good broker should offer a wide range of ETFs, including international, sector-specific, and thematic ETFs, giving you the flexibility to diversify your portfolio.

Also, don't overlook the trading platform itself. It should be user-friendly, reliable, and equipped with the tools and analytics you need to make informed decisions. Real-time data, research reports, and technical analysis tools are all invaluable.

Customer service is another critical aspect. You want a broker that's easily accessible and responsive, whether it's through live chat, phone, or email. When the market's moving fast, you don't want to be stuck waiting for answers.

Lastly, check out the educational resources offered. A broker that invests in your knowledge and skills as an investor is worth considering. Look for webinars, articles, tutorials, and even demo accounts where you can practice trading without risk.

TOP ETF Brokers

eToro

eToro Screenshot

eToro, from my seasoned viewpoint, isn't just another run-of-the-mill platform; it's a breeding ground for the ambitious trader. Picture this: a place where the wisdom of the crowd meets classic brokerage, enabling you to mirror the moves of the pros via CopyTrading. It's like having a sneak peek into the portfolios of top ETF traders, complete with their wins and lessons. With a community 30 million strong, it's a vibrant forum for exchange. Its user-friendly design and regulatory backing by CySEC and the FCA only sweeten the deal, making it a top pick for those in Europe looking to up their game.

eToro stands out, particularly for ETF trading. The platform's extensive offering of over 530 ETF financial instruments is a testament to its commitment to providing traders and investors with a broad spectrum of options to suit their diverse investment strategies.

One of the key advantages of eToro is its ability to democratize access to the financial markets. ETFs are a prime example of this, offering a flexible and comprehensive way to invest in a wide array of asset classes—including stocks, bonds, commodities, and real estate—without the high costs typically associated with traditional investment methods. The absence of management fees on ETFs is particularly appealing, as it allows for cost-efficient portfolio diversification, which is crucial for managing risk and maximizing potential returns.

eToro's dual approach to ETF trading is also noteworthy. By offering the option to invest in ETFs as the underlying asset and to trade them as CFDs (Contracts for Difference), eToro caters to both long-term investors and those looking for short-term trading opportunities. This versatility is a significant advantage, allowing traders like myself to adapt our strategies according to market conditions and personal investment goals.

The variety of ETFs available on eToro is impressive. From active and index ETFs, which cater to different investment philosophies, to thematic ETFs that focus on specific sectors or themes such as environmental sustainability or technology, there's something for every investor. This range is crucial for constructing a well-rounded portfolio that can tap into various market opportunities and hedge against specific risks.

Furthermore, eToro's platform facilitates global diversification through international ETFs. In today's interconnected world, having exposure to foreign markets is essential for capturing growth outside of the U.S. The ability to invest in broad-based international ETFs or more targeted options like emerging market ETFs provides a valuable avenue for pursuing potential upside in fast-growing economies.

For those interested in income-generating investments, dividend ETFs on eToro offer a way to achieve consistent income from stocks that pay dividends, without the need to invest in individual stocks directly. Similarly, bond and commodity ETFs provide opportunities for hedging and diversification, which are critical in managing portfolio volatility.

eToro's comprehensive range of ETF offerings, combined with its user-friendly platform and cost-effective approach to trading, makes it an excellent choice for experienced traders like myself. Whether you're looking to diversify your portfolio, hedge against market volatility, or invest in specific themes or sectors, eToro provides the tools and options to achieve those investment objectives efficiently.

XTB

XTB Screenshot

XTB's ETF trading offering is well-suited to experienced traders seeking a comprehensive, cost-effective, and user-friendly platform. The combination of a wide ETF selection, transparent cost structure, advanced trading tools, and professional support makes it a compelling choice for those looking to invest in global markets efficiently.

XTB stands out in the crowded ETF broker space, especially for those of us who value the nitty-gritty of market analysis and crave lightning-fast executions. It's not just about the numbers here; it's about enriching your trading acumen through their comprehensive educational resources. As a global trading platform, XTB doesn't just talk the talk; they walk the walk, with a regulatory shield spanning the FCA, CySEC, and more, ensuring your ETF trading journey is both safe and informed.

As an experienced trader with over two decades in the financial markets, I've witnessed significant shifts in trading platforms and investment opportunities. My journey through these changes has honed my ability to discern the truly valuable tools and offers in the market. With this backdrop, I find XTB's offering for ETF trading particularly compelling for several reasons that align well with the needs of seasoned traders like myself.

Firstly, the sheer breadth of global ETFs available through XTB, approximately 300, is remarkable. This range allows for diversified investment in global companies, commodities, and sectors, providing a cost-effective method to spread risk and tap into various market opportunities. The ability to engage with such a wide array of ETFs, including prominent ones like the Xtrackers Dax UCITS, SPDR S&P 500 UCITS, and Vanguard FTSE All-World UCITS, among others, is a significant advantage. It enables traders to tailor their portfolios to specific strategies or market outlooks without being constrained by a limited selection.

The cost structure is another standout feature. The minimum transaction value of only 10 GBP makes it accessible to execute smaller trades without a disproportionate impact on cost efficiency. Moreover, the 0% commission for monthly turnover up to 100,000 EUR is particularly attractive. It allows for considerable trading volume without incurring additional costs, which is crucial for maintaining profitability in trading strategies that involve frequent buying and selling. The clarity regarding the commission structure for transactions above this threshold, set at a reasonable 0.2% with a minimum of 10 GBP, ensures transparency and predictability in trading costs.

The platform's user experience is tailored to the needs of professional traders, offering an intuitive investing environment equipped with an advanced ETF scanner. This tool is invaluable for quickly identifying ETFs that match specific investment criteria, saving time and enhancing decision-making efficiency.

Access to professional customer support 24/5 is another critical aspect. In the fast-paced world of trading, having reliable and expert support at hand can make a significant difference, particularly when navigating complex situations or needing clarification on platform features.

RoboForex

Roboforex Screenshot

For the leveraged ETF trading tactician trading in you, RoboForex is not just another broker; it's your arsenal for tight spreads, micro accounts, and a trading platform that's as agile as your ETF trading strategy. Whether you're scripting your next big move or leveraging high stakes, RoboForex is where precision meets opportunity. It's the domain of the seasoned, where variety in instruments is matched by the speed of execution, making it a prime candidate for those ready to command the markets.

RoboForex's combination of award-winning service, a wide range of trading instruments, advanced features like leveraged ETF trading, and top-notch execution make it a compelling choice for experienced traders like myself, especially those focused on ETF trading.

RoboForex's extensive offering, including popular ETF, The Health and Fitness ETF, S&P 500 ETF, USA Min Volatility MSCI Ishares, and US Dollar Index Bullish Powershares, provides a broad spectrum of sectors and risk profiles to choose from. This diversity is crucial for portfolio diversification and risk management.

RoboForex's recognition in the industry is hard to overlook. With over 10 awards to its name, including 'Best Mobile Trading App' and 'Most Trusted Broker', it's clear that RoboForex is a platform that has earned its stripes. This isn't just about the accolades; it's about what they represent — reliability, user satisfaction, and a commitment to excellence.

he ability to trade leveraged ETFs is a significant advantage, especially for those of us looking to amplify our trading strategies. It's important to approach leverage with caution, given the increased risk, but for experienced traders, it can be a powerful tool to enhance potential returns.

In trading, timing and execution are everything. RoboForex's commitment to impeccable order execution means that as a trader, I can rely on the platform to execute my trades efficiently, minimizing slippage and ensuring that I get the best possible prices.

AvaTrade

AvaTrade Screenshot

AvaTrade's combination of regulatory compliance, a wide selection of trading instruments, competitive costs, supportive leverage options, and strong educational and support services make it a top choice for experienced traders looking to engage in ETF trading. These features align well with the needs of seasoned traders who value a comprehensive, secure, and supportive trading environment.

AvaTrade's long-standing presence in the industry, spanning over 15 years, and its global reach across 150 countries instill a deep sense of confidence in its stability and reliability. This extensive experience means they've weathered various market conditions, making them a trusted partner for traders seeking consistency and dependability.

Their regulatory compliance is another critical factor. As an internationally regulated CFD and forex broker, AvaTrade adheres to stringent standards that protect traders' interests, ensuring a secure and transparent trading environment. This regulatory oversight is vital for experienced traders who understand the importance of legal and financial safeguards in trading activities.

The variety of instruments AvaTrade offers, particularly in ETFs, is impressive. Their top traded ETFs selection includes a wide range of sectors such as gold mining, energy, real estate, and more, reflecting the diverse opportunities available in the global markets. This variety allows traders like myself to diversify our portfolios and hedge against risks by spreading investments across different sectors and geographies.

Competitive spreads are crucial for cost-effective trading, and AvaTrade's spreads starting from just 0.0013 on ETFs are highly competitive. This low cost of trading can significantly impact profitability, especially for those of us who engage in frequent trades.

The leverage of up to 5:1 is another attractive feature. While leverage increases risk, experienced traders can use it to amplify their trading positions, provided they have a solid risk management strategy in place. This can be particularly beneficial in ETF trading, where price movements might be more subtle compared to individual stocks.

AvaTrade's commitment to education and support is noteworthy. High-quality educational materials and daily market analysis are invaluable resources for staying informed and refining trading strategies. As markets evolve, continuous learning is essential, and AvaTrade provides the tools necessary for this ongoing education.

Lastly, their best-in-class customer service, with multilingual live support, ensures that assistance is readily available, making the trading experience smoother and more accessible.

ETF Brokers

ETF brokers are financial intermediaries that provide investors with access to trade Exchange-Traded Funds (ETFs), which are investment funds traded on stock exchanges, much like stocks. These brokers act as a gateway for both individual and institutional investors to buy and sell ETFs, offering a range of services including market analysis, trading platforms, and investment advice.

They cater to a variety of investment strategies and preferences, allowing investors to diversify their portfolios across different sectors, commodities, or asset classes with ease. ETF brokers vary in their fee structures, trading technology, and range of available ETFs, making them a versatile option for modern investors.

ETF brokers can effectively help you in pooling mutual funds’ asset features when online trading regular stocks. In layman's terms, ETF brokers allow you to invest in and trade ETFs.

What Are Exchange Traded Funds?

ETFs are a type of investment fund that you can buy and sell on a stock exchange, just like you would with regular stocks. Imagine them as a basket of different types of investments - these could be stocks, bonds, commodities, or a mix of these.

They are popular because they offer a simple way to diversify your investment. Instead of buying shares in just one company, when you buy an ETF, you're effectively spreading your investment across multiple assets.

How ETFs Work

ETFs work by pooling money from many investors and using it to buy a collection of assets such as stocks, bonds, or commodities. Each ETF is tracks a group of financial instruments, indices or sector. For example, an ETF might aim to mirror the performance of a technology stock index, or it could be focused on bonds from emerging markets.

When you invest in an ETF, you're buying a share of this pool. Your share represents a slice of the overall basket of assets the ETF holds. The value of your ETF shares fluctuates throughout the trading day, based on the buying and selling activity on the stock exchange, as well as the performance of the underlying assets.

ETFs are managed by professional fund managers, but unlike mutual funds, they are traded like stocks on an exchange. This means you can buy and sell ETF shares at any time during the trading day at the current market price, offering flexibility and liquidity. ETFs are a popular choice for both individual and institutional investors due to their ease of trading, diversification benefits, and typically lower fees compared to traditional mutual funds.

Types of ETFs

Exchange-Traded Funds (ETFs) come in a variety of types, catering to different investment goals and strategies. There are various ETFs and some of the major variants are as below:

Broad-Based ETFs are among the most common, tracking major market indices like the S&P 500 or the Dow Jones Industrial Average. They offer a diversified portfolio within a specific market, making them a safer bet compared to investing in individual stocks.

Sectorial Equity Index ETFs take a more focused approach, targeting specific industries or sectors such as technology, healthcare, or finance. These ETFs allow investors to concentrate on areas they believe will outperform the overall market. While this focus can lead to higher returns, it also brings increased risk due to less diversification.

Sustainable ETFs, also known as ESG (Environmental, Social, and Governance) ETFs, are designed for investors keen on ethical investing. They concentrate on companies that adhere to sustainable practices, excluding those that don't meet certain ethical standards, like fossil fuel or tobacco companies.

Global Equity Index ETFs offer exposure to stock markets across the world. They can be region-specific, like focusing solely on European or Asian markets, or provide a mix of global stocks. This type of ETF is beneficial for diversifying a portfolio and mitigating risks associated with regional market downturns.

Specialty ETFs are themed around specific investment strategies or themes. They might focus on innovative technologies, demographic trends, or even specific investment strategies like dividend yield or volatility. These ETFs cater to niche markets and can offer unique investment opportunities.

Factor ETFs are based on specific characteristics or 'factors' that are likely to influence performance. These factors can include value, size, momentum, or quality. Investors use these ETFs to target specific drivers of returns in their portfolios.

Bond Index ETFs track the performance of various bond indices. They offer exposure to different types of bonds, like government, corporate, or municipal bonds, and varying maturities and credit qualities. These are typically used for income generation and risk reduction in a portfolio.

Commodity ETFs provide exposure to commodity markets, including precious metals like gold and silver, oil, or agricultural products. These ETFs are used for hedging against inflation or portfolio diversification.

Currency ETFs allow investors to speculate on the movement of currencies without directly trading in the forex market. They can be based on single currencies or a basket of currencies, offering a way to gain exposure to foreign exchange market fluctuations.

Each type of ETF has its unique features and risks, and selecting the right one depends on the individual investor's goals, risk tolerance, and investment strategy.

ETFs Trading Advantages

ETF interactive brokers can explain the advantages of trading ETFs in more detail. We have compiled here some of the major benefits, including:

I've come to appreciate the nuanced advantages of Exchange-Traded Funds, or ETFs. The cornerstone of their value lies in diversification. When you park your capital in an ETF, you're essentially spreading it across a broad spectrum of assets, be it equities, bonds, or commodities, contingent on the ETF's focus. This approach allows you to weave a complex tapestry of investments with just a single stroke, mitigating the inherent risks tied to singular stock investments.

Cost efficiency is another hallmark of ETFs. By and large, they carry lower expense ratios than their mutual fund counterparts, primarily due to their passive management strategy that seeks to mirror, not outdo, market indices. This subtle yet significant difference translates to tangible savings over time.

When it comes to trading dynamics, ETFs operate much like stocks, involving similar brokerage fees which are often more favorable compared to the transaction costs associated with mutual funds. This aspect underscores the inherent cost-effectiveness of ETFs.

Liquidity and trading flexibility are also pivotal benefits. ETFs are traded on exchanges, offering the ability to transact at real-time market prices during trading hours, a stark contrast to mutual funds which only allow end-of-day trading at fixed prices. This feature provides unparalleled control and adaptability in response to market movements.

Transparency is another critical factor. ETFs offer a clear window into their holdings, allowing investors to understand exactly what they own at any given time. This level of openness is invaluable, providing insights and confidence in the investment decisions we make.

There's the potential tax efficiency of ETFs. Due to their unique structure and how transactions are executed, ETFs often incur fewer capital gains taxes compared to mutual funds, making them a more tax-efficient investment option in many cases.

Overall, the combination of diversification, cost-effectiveness, liquidity, transparency, and tax efficiency makes ETFs a compelling choice for both novice and experienced investors.

ETFs Trading Disadvantages

While offering numerous advantages, ETFs also come with certain disadvantages, particularly in terms of trading.

A notable downside is the potential for trading costs. While ETFs generally have lower expense ratios compared to mutual funds, they are traded like stocks, which means they incur brokerage fees every time they are bought or sold. For investors who trade frequently, these costs can add up, potentially reducing the overall return on investment.

Another concern is the bid-ask spread. ETFs have a buy (ask) and sell (bid) price, and the difference between these prices can vary, especially for less liquid ETFs or those that invest in less liquid markets. This spread can impact the cost of the investment, particularly for those who trade in large volumes or frequently.

Market impact is another factor. While ETFs offer the advantage of trading throughout the day like stocks, this also means their prices can be more volatile, especially during market turmoil or when there's significant buying or selling activity in the ETF. This price volatility can impact the performance, especially for short-term traders.

In addition, some specialized or niche ETFs may lack adequate liquidity. This means that in a rapidly moving market, it might be challenging to buy or sell large quantities of these ETFs without affecting the price, which can be a disadvantage for larger investors.

Tracking errors can also occur, particularly in ETFs that attempt to replicate the performance of an index. This error is the difference between the ETF performance and the index it tracks, often due to timing differences, the cost of buying and selling securities, or management fees. While typically small, tracking errors can be significant in some cases, especially in more complex or less liquid markets.

These disadvantages, including potential trading costs, bid-ask spreads, market impact, liquidity concerns, and tracking errors, are important considerations for investors looking at ETFs as part of their investment strategy.

ETFs Vs Stocks

Aspect Exchange-Traded Funds (ETFs) Individual Stocks
Nature Exchange-Traded Funds are collective investment vehicles available on stock exchanges, similar to stocks. They encompass a variety of assets like equities, commodities, or bonds, typically maintaining a trading value close to their net asset value, albeit with occasional discrepancies. Individual stocks signify a fractional ownership in a corporation, granting the shareholder a proportionate claim on the company's profits and assets.
Range of Investment Offering broad exposure, ETFs can encapsulate an array of assets within a particular index, industry, or commodity, encompassing potentially hundreds to thousands of individual securities. Direct investment in individual stocks involves a focused stake in a specific company, with risk concentrated on the performance of that entity alone.
Market Dynamics Exchange-Traded Funds are available for trading during market hours, with prices fluctuating based on market conditions. Similar to ETFs, individual stocks are subject to intraday trading, with value determined by the interplay of market demand and supply.
Operational Approach While some ETFs are actively managed, the majority are passively managed, designed to replicate the performance of a specific benchmark index. Investing in stocks is a direct approach, with no management layer influencing the investment beyond the company's own strategic decisions.
Cost Considerations Generally, ETFs exhibit lower ongoing costs compared to traditional mutual funds, though they may entail brokerage commissions upon transactions. Trading in stocks typically involves brokerage commissions, but lacks ongoing management expenses, making them devoid of expense ratios.
Income Distribution ETFs may distribute income through dividends, derived from the earnings of the assets within the fund. Dividends from stocks are contingent on the issuing company's financial health and dividend policy as determined by its board.
Investment Security Although ETFs are generally seen as having a lower risk profile due to diversification, they are still exposed to overarching market and sector-specific volatilities. The risk associated with individual stocks is typically higher, as it hinges on the fortunes of the singular company in question.
Entry Threshold ETFs are accessible at the price of a single share, making them an attractive option for investors of varying financial standings. The accessibility of individual stocks can be limited by higher share prices, potentially putting them out of reach for some investors.

ETFs and stocks, while traded on stock exchanges, have distinct characteristics and serve different investment purposes.

What are stocks: Stocks represent shares in a single company. When you buy a stock, you're buying a piece of ownership in that company. The value of your investment goes up or down based on the company's performance and investor sentiment. Investing in stocks offers the potential for high returns, but it also comes with higher risk since the investment is tied to the fortunes of one company.

What are ETFs: ETFs, on the other hand, are funds that hold a collection of assets like stocks, bonds, or commodities. When you invest in an ETF, you're buying shares in a fund that tracks the performance of a basket of assets. This provides instant diversification, as the risk is spread across different assets. ETFs can track a specific index, sector, commodity, or currency. Their value fluctuates based on the overall performance of the assets in the fund.

How they differ: In terms of trading, both ETFs and stocks are bought and sold on stock exchanges throughout the trading day at market prices. However, the price of a stock is determined by supply and demand for that particular company's shares, whereas the price of an ETF is influenced by the collective performance of its underlying assets.

Dividend payments: This is another key difference. If a company profits, stock investors may receive dividends as a share of the profit. ETFs also pay out the accumulated dividends of the stocks in the fund, but these are typically reinvested in the ETF.

While both ETFs and stocks are traded similarly, they differ in terms of diversification, risk exposure, the basis of value determination, and the way dividends are handled.

Stocks offer direct ownership in a company with potential for higher returns and risks, whereas ETFs provide broader market exposure, typically with lower risk and less volatility.

ETFs Vs Mutual Funds

Comparison Criteria ETFs Mutual Funds
Trading Traded throughout the day like stocks, prices fluctuate during the day Traded once a day after the market closes, price is the end-of-day net asset value
Expense Ratios Generally lower due to passive management, although actively managed ETFs exist Can be higher due to active management and other fees
Minimum Investment Typically no minimum investment; can buy just one share Often have minimum investment requirements, which can vary significantly
Liquidity High liquidity, can be bought and sold any time during trading hours Liquidity at the end of the trading day, redemption times may vary
Investment Strategy Mostly follow a passive index-tracking strategy, but active ETFs are available Can be actively or passively managed, with a wide range of investment objectives
Tax Efficiency Generally more tax-efficient due to the in-kind redemption process Potentially less tax-efficient due to the structure of buy/sell transactions

Mutual funds are investment vehicles pooling money from many investors to purchase a diversified portfolio of stocks, bonds, or other securities. Managed by professional fund managers, they offer an accessible way for individual investors to gain broad market exposure, with the potential for managed risk and enhanced returns.

ETFs and Mutual Funds are popular investment vehicles, but they have distinct differences.

Trading and Pricing: ETFs are traded throughout the trading day on stock exchanges at market prices, like stocks. This means their price can fluctuate during the day. Mutual funds, however, are traded only once per day after the market closes. 

Management Style: Many ETFs are passively managed and aim to track the performance of a specific index. Passive management typically results in lower expense ratios for ETFs. Mutual funds, on the other hand, are often actively managed, with fund managers making decisions about how to allocate assets. This active management usually means higher fees for mutual funds.

Investment Minimums: Mutual funds often have minimum investment requirements, which can be a barrier for some investors. ETFs are offering a lower entry point for investment.

Tax Efficiency: ETFs are generally more tax-efficient than mutual funds due to the unique way they are structured and traded.

Transparency: ETFs provide daily transparency of their holdings, whereas mutual funds typically disclose their holdings quarterly or semi-annually.

Dividends: Dividends in ETFs are usually reinvested automatically, whereas mutual funds often give investors the option to reinvest dividends or receive them as cash.

While both ETFs and mutual funds offer diversification, they differ in terms of trading and pricing, management style, minimum investment requirements, tax efficiency, transparency, and dividend handling. ETFs are generally more flexible and tax-efficient, making them suitable for a variety of investment strategies, while mutual funds are often preferred for their active management and potential for higher returns.

ETFs: Short-Term Or Long-Term Investments?

ETFs are seen as a good solution for both short-term and long-term investment strategies, depending on your financial goals and risk tolerance.

For short-term investors, ETFs provide liquidity and flexibility, as they can be bought and sold quickly on stock exchanges at market prices. This makes them ideal for those looking to capitalize on short-term market movements or for tactical asset allocation.

Long-term investors might use ETFs to gain exposure to a broad range of assets for diversification. Many ETFs track indices or sectors, allowing for a more passive investment approach. Over time, this can potentially reduce risk and offer steady returns, aligning well with long-term objectives like retirement savings.

ETF Trading Example

Let's say we've got $10,000 to trade ETFs with. The key with ETFs, as you probably know, is they're baskets of stocks, bonds, or commodities, offering a nice slice of diversification in a single trade. Pretty neat for traders who don't want to put all our eggs in one basket.

So here's an example ETF trade. Imagine we're eyeing an ETF that tracks the S&P 500. It's a solid choice given its broad market exposure. Let's say the ETF is trading at $100 per share. With our $10,000, we can scoop up 100 shares. Simple math, right?

Now, the fun part. We're not just sitting on these shares. The market moves, and so do our strategies. Let's say over the next few months, the market's bullish, and our ETF climbs by 10%. Our shares are now worth $110 each, making our investment worth $11,000. That's a neat $1,000 gain, minus any fees or taxes, of course.

But here's where it gets interesting. We can also play the short game, using ETFs that profit from market declines, or even sector-specific ETFs if we're feeling bullish about tech or green energy, for example. leveraged ETFs are available. They're like putting a turbocharger on your trade, magnifying the gains (or losses, so gotta be careful) based on market movements. High risk, high reward. Of course, we need to keep an eye on expense ratios and be smart about timing. ETFs are great for their flexibility and liquidity, but like any investment, they're not without risks. Always do your homework.

Which ETF Type Is Best For Me?

ETF List

To determine which ETF is best for you, consider the following:

Investment Goals: Are you looking for growth, income, or preservation of capital? Different ETFs are designed to meet different objectives.

Risk Tolerance: Understand your comfort with market volatility. Higher-risk ETFs (like those tracking emerging markets) can offer higher returns but more volatility.

Investment Horizon: Short-term investors might prefer ETFs with higher liquidity and lower management fees, while long-term investors might focus on sectors or themes with potential for growth over time.

Costs: Look at expense ratios and trading costs. Lower fees can significantly impact long-term returns.

Diversification Needs: Consider what types of assets (stocks, bonds, commodities) or sectors you want exposure to and choose ETFs that align with your existing portfolio.

Research: Stay informed about the performance and management of the ETFs you are considering.

It's often beneficial to consult with a financial advisor who can help align ETF choices with your overall financial plan.

Why some ETFs go bust?

Yes, ETFs can go bust, but such occurrences are relatively uncommon. Failure for an ETF generally means it is liquidated or delisted, and there are several reasons why this might happen.

One key reason is low Assets Under Management (AUM). If an ETF does not attract enough investment, it might not be able to sustain the operational costs, leading to its closure. Moreover, poor performance of the ETF can lead to a decrease in investor interest, potentially resulting in its failure.

Another reason for ETF failure is a lack of investor interest in the specific niche or strategy that the ETF targets. Some ETFs are built around very specific themes or sectors, and if these fail to capture sustained investor interest, the ETF might not be viable in the long run.

Changes in regulatory or market conditions can also contribute to the failure of ETFs. For instance, if regulatory changes make it difficult for an ETF to operate effectively, or if there are significant shifts in market trends that render the ETF's strategy obsolete, the ETF might be wound up.

It's important to note that while ETFs can fail, the overall risk is typically lower compared to individual stocks, as ETFs offer diversified exposure. However, investors should still conduct thorough research and consider their risk tolerance and investment goals when investing in ETFs.

That being said, ETFs are usually low-risk investment options. This means that investors normally do not lose their investments whenever an ETF is closed. This is because many of them slow down systematically.

What To Look For In An ETF Broker

Traders must take time out to research ETF brokers before settling for one. For instance, it may seem alright for a platform to offer access to low-cost ETFs, but large minimum deposit requirements may not be suitable for a trader. In that case, considering the following metrics may help you find a good ETF broker:

ETF Broker Assets

Take your time going through your potential broker’s website to determine what financial markets it will offer you access to. The entire point of dealing in ETFs is to get access to an assorted range of assets. Try to make sure that you have a considerable number of assets to choose from.

If you are new to ETFs and unsure of what they give you access to, look them up via your provider’s website. It will give you an idea of the bonds, shares, and other assets the ETF mainly holds. Also, ensure that the best ETF broker provides ETFs with high liquidity.

ETF Trading Platforms Regulation

Determining the regulatory status of your potential broker is a crucial step. You should be able to find this type of information at the bottom of the ETF broker’s page. Platforms regulated by the FCA have that information displayed next to their registration numbers.

You can confirm this yourself by referring to the FCA online register. Aside from a license from a reputed regulatory body, also ensure that your funds will be backed by the FSCS in case of any losses. This step is important because in case your chosen broker runs into any issues, your funds would be backed up to £85K.

ETF Broker Fees

ETF broker fees are crucial as they directly impact your investment returns. These fees, charged for buying, selling, and holding ETFs, can vary significantly between brokers. Lower fees mean more of your money stays invested, compounding over time, while higher fees can substantially erode long-term investment gains, especially for frequent traders.

Dealing Charges

These are the fees you will have to pay each time you conduct an ETF trade. ETF trades are classified as buy or sell orders. For instance, for using a platform, you will have to pay a starting fee of £8 or 10 USD. Regardless of what you invest, you will have to pay that amount when buying an ETF.

When selling your position, you will have to pay that same amount again. Some platforms do not charge any dealing fees.

Yearly Maintenance Charges

Not to be mixed up with the fees charged by the ETF provider. This is a fee charged by the ETF broker you choose.

Expense Ratio

This is a fee ETF providers charge. For instance, if you invest in a certain company through your ETF broker, the company will charge 0.15 percent every year. This certain fee will be passed on to you from your broker.

Other Charges

Aside from the main fees mentioned, you may incur other types of charges as well, including:

Dormancy Fees: You incur such fees if you leave your user account dormant for an extended period (typically twelve months). Once you incur such charges, they will continue every month until you place a trade or your account balance goes to 0.

Deposit and Withdrawal Fees: Certain online brokers charge their clients with deposit or withdrawal fees. It might either be a flat fee, or a certain percentage out of the amount you fund.

Spreads: These refer to the variance between the buy and sell price of the ETF you choose. The greater the gap, the more you may have to indirectly pay in fees. It is usually recommended to choose online brokers who offer tighter spreads.

Overnight Rate: If you are trading ETFs as CFDs, you will have to be wary of overnight rates. That is because CFDs count as leveraged financial instruments, and as a result, a fee is applied for every day the trade position is open.

Platform And Usability

No matter what you choose to trade, online investments can be quite intimidating, especially when you are a new trader. Ultimately, you will be putting your money on the line. Hence, it is recommended to stick with online brokers offering a simple interface and platform.

This “ease of use” has to begin with the setup process, i.e., registration and fund depositing. The broker must also make it an easy process for clients to browse the assets offered. This is normally divided by asset class, e.g. ETFs, bonds, and stocks. A reputed broker should be able to offer clients such a facility.

This lets traders easily look for the ETF they want to invest in without having to look through hundreds of options. After that, you must observe the investment process. Do not choose a broker that offers excessive features if you are a newbie. Some platforms only require users to enter their stake to complete the process.

Research, Analysis, And Educational Resources

In terms of ETF research, go for online brokers offering key news developments and market insights. This guarantees that you are up to date with financial market updates, and how this may affect your ETF investment value.

You may not be interested in educational resources if you are an experienced investor, however, such features prove valuable for new investors. Some platforms offer web seminars regularly, where users can understand the thinking process of in-house traders. Some also offer video tutorials and educational applications.

Trading Features And Tools

Professional investors usually go for brokers offering a variety of features and tools. The features you end up going for are based on your experience as an investor. Advanced traders with a lot of experience usually require access to advanced research tools and technical indicators.

New investors, on the other hand, can look for the Copy Trading feature that could help them learn from experienced investors. Some may also benefit from stop-loss or take-profit market orders when dealing in ETFs.

This can help them establish entry and exit parameters to automatically close their trades. Stop-loss ensures that traders do not end up losing more than their set percentage, e.g., 5 percent. The take-profit helps lock in profits once they are set off.

Payment Methods

Oftentimes, investors go through the entire process of setting up a broker account, only to later find out that their chosen payment option is not supported. Reputable online brokers offer instant payment options like bank cards or e-wallets. That helps traders to begin the withdrawal process instantly, without having to wait for bank transfers.

Besides looking at your chosen platform's offered payment methods, be sure to look into any fees involved since you may incur deposit or withdrawal fees. Also, find out how long your chosen broker usually takes to complete withdrawal requests (the ideal time being 48 hours).

Mobile Application And Device Support

When planning to trade or purchase ETFs, traders can download a free stock trading application. The best brokers offer local applications for all well-known firmware and devices. That allows traders to invest on the go and instantly close losing positions if they are away from their desktop computers.

ETF Brokers Customer Support

For stellar program assistance, choose a broker offering top-rated customer support. The best online brokers offer various ways to contact their representatives. Some online brokers also provide telephone support. Go for a broker offering numerous contact methods, especially live chat, since it is the most convenient.

Try to steer clear of brokers only offering customer support via email, as that can take longer and will not be helpful if your problem requires urgent attention.

ETF Brokers Verdict

ETF brokers offer a convenient gateway to diversified investment portfolios, but it's essential to weigh their pros and cons.

On the positive side, ETF brokers provide access to a wide range of ETFs across various asset classes, often coupled with valuable tools and resources for making informed decisions. They enable real-time trading with the flexibility akin to stocks, making them ideal for both active and passive investors.

However, the drawbacks include broker fees, which can vary and impact overall returns, especially for frequent trading. Furthermore, the abundance of choices and strategies available through ETF brokers can be overwhelming for novice investors. Ultimately, the choice of an ETF broker should align with individual investment goals, trading frequency, and desired level of support and guidance.

We've collected thousands of data points and written a guide to help you find the best TOP Exchange Traded Fund ETF Brokers for you. Our aim is that this information helps you choose a trustworthy, reputable, and professional online broker who can satisfy your particular ETF trading needs online. We have compiled a list of what we consider the best ETF brokers below.

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

Reputable Etf Brokers Checklist

Selecting a reliable and reputable online Etf 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 Etf more confidently.

Selecting the right online Etf 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 Etf Brokers in Our Brokerage Comparison Table

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

Top 15 Etf Brokers of 2024 compared

Here are the top Etf Brokers.

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

All brokers below are etf brokers. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more etf brokers that accept etf clients.

Broker eToro XTB XM Pepperstone AvaTrade FP Markets SpreadEx Plus500 Admiral Trading212 IB
Rating
Regulation 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), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) 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), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) Financial Conduct Authority (FCA) Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039) FSA, Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) DFSA Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA) Firm reference number 609146, Financial Supervision Commission (FSC), Cyprus Securities and Exchange Commission (CySec) License number 398/21 Financial Conduct Authority (FCA)
Min Deposit 100 No minimum deposit 5 200 100 100 1 100 200 1 10000
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 30,000,000+ 935,000+ 10,000,000+ 400,000+ 300,000+ 10,000+ 10,000+ 24,000,000+ 10,000+ 15,000,000+ 10,000+
Benefits
  • 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
  • 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
  • Low min deposit
  • Guaranteed stop loss
  • Advanced Risk Management Tools
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Offers Negative Balance Protection
Accounts
  • 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
  • Demo account
  • Standard account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Demo account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Managed account
Platforms Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps Web Trader, NinjaTrader, Tablet & Mobile apps
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
etoro
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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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spreadex
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plus500
Sign Up with
admiralmarkets
Sign Up with
trading212
Sign Up with
interactivebrokers
Risk Warning 76% of retail investor accounts lose money when trading CFDs with this provider. 76-85% 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. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 74-89 % 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 Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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
Demo eToro
Demo
XTB
Demo
XM
Demo
Pepperstone
Demo
AvaTrade
Demo
FP Markets
Demo
SpreadEx
Demo
Plus500
Demo
Admiral Markets
Demo
Trading 212
Demo
Interactive Brokers
Demo
Excluded Countries 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, US, IN, PK, BD, NG , ID, BE, AU US, CA, IL, IR AF, AS, AQ, AR, 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, UY, VU, VG, EH, ES, YE, ZW, ET BE, BR, KP, NZ, TR, US, CA, SG US, JP, NZ US, TR MY, BE, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO US, CA, JP, SG, MY, JM, IR, TR US, CA US

eToro Risk Disclosure

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

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.


All Etf brokers in more detail

You can compare Etf 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 Etf Brokers for 2024 article further below. You can see it now by clicking here

We have listed top Etf brokers below.

Etf Brokers List

eToro
(4/5)
Min deposit : 100
Visit eToro Try a Demo Read review

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

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 30000000+ traders. 76% 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

Web Trader, Tablet & Mobile apps

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 935000+ traders. 76-85% 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

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. 72.89% 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

MT4, MT5, Mac, Web Trader, Tablet & 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), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
Pepperstone
(4/5)
Min deposit : 200
Pepperstone was established in 2010 and is used by over 400000+ traders. 74-89 % 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, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps

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 300000+ 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

Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5

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), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 10000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB)
SpreadEx
(4/5)
Min deposit : 1
SpreadEx was established in 1999 and is used by over 10000+ traders. Losses can exceed deposits SpreadEx offers Forex, CFDs, and spread betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
Plus500
(4/5)
Min deposit : 100
Plus500 was established in 2008 and is used by over 24000000+ traders. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Plus500 offers CFDs, CFD Shares, CFD Indices, CFD Forex, CFD Commodities, CFD ETFs, CFD Options, CFD Futures, Real shares via Plus500Invest .


Plus500 offer a 100% Free and Unlimited Demo account No Deposit fees/Commissions No hidden fees Competitive fees Tight Spreads

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039) FSA, Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) DFSA
Admiral
(3/5)
Min deposit : 200
Admiral Markets was established in 2001 and is used by over 10000+ traders. Losses can exceed deposits Admiral Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
Trading212
(3/5)
Min deposit : 1
Trading 212 was established in 2004 and is used by over 15000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Trading 212 offers Stocks, Forex, Commodities, Indices.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA) Firm reference number 609146, Financial Supervision Commission (FSC), Cyprus Securities and Exchange Commission (CySec) License number 398/21
IB
(3/5)
Min deposit : 10000
Interactive Brokers was established in 1977 and is used by over 10000+ traders. Losses can exceed deposits Interactive Brokers offers Forex.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, NinjaTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)

Learn more Learn more about eToro.
76% of retail investor accounts lose money when trading CFDs with this provider.
TRADE NOW Try eToro today
76% of retail investor accounts lose money when trading CFDs with this provider.