Financial Institution for 2024

We found 11 online brokers that are appropriate for Trading Financial Institution Investment Platforms.

Financial Institution Guide

Analysis by Andrew Blumer, Updated Last updated - April 18, 2024

Financial Institution

Financial institutions are large corporations that offer financial services as intermediaries for the financial transactions of various individuals and companies. The services rendered by them vary depending on the nature of the transaction. However, they usually include the loan market, deposit-taking, market making, exchange-trading and foreign exchange (Forex) trading.

Financial institutions, also known as banks, are companies that provide financial services as agents of financial markets around the world. Financial institutions can be either public or private. Public financial institutions enjoy greater influence and access to credit because they are generally owned by the government, while private ones are usually owned by private individuals. These institutions are usually governed by boards of directors and the general rules and regulations of the industry.

The most well known financial institutions are banks and can be classified according to their size and number of employees. The most popular ones are the commercial banks which deal with the business segment. They generally lend money in the form of loans to businesses in order to start them up or expand them. The most important services offered by the banks include saving deposits, buying, holding and selling of securities (like bonds, shares, debentures etc), the loan market, underwriting deposits (for mortgage, savings and other loans), and foreign exchange market.

The main role of financial institutions is to facilitate and ensure secure transactions of funds. This ensures better accountability of funds and a more stable economy. In addition to facilitating safe transfers of money and other assets, these institutions also perform various other functions such as inactivity or in bankruptcy cases, collection of interest payments, servicing debt accounts and providing mortgage financing. It is the responsibility of the banks to ensure that credit is extended to customers who have a sound financial capability and credit history. Financial institutions are regulated by government authority such as the Federal Reserve, whose goal is to promote financial development of the country.

What is a Financial Institution?

Financial institutions, are companies that offer financial services as representatives of various financial markets. These banks have their branches and offices all over the world. They accept various kinds of payments including checks, money orders, credit transfers and even wire transfers. The most common types of transactions that take place at these establishments include loan applications, receiving deposits, granting loans, giving mortgages and giving credit. Some financial institutions also deal with insurance, wholesale and distribution of securities.

Understanding Financial Institutions

A financial institution (FI) is an organisation engaged in the commercial business of facilitating financial and other financial transactions including loans, deposits, investment, and foreign exchange. Financial institutions may be small, regional, or nationwide. Some examples of FIs are banks, credit unions, investment companies like hedge funds and asset management companies, mortgage companies, money managers, consumer and business lenders, syndicates of banks, brokers, and securities dealers.

Financial services refer to those commercial activities that provide a variety of financial services including lending money, receiving or advancing it, trading foreign currency, dealing in stocks and commodities, managing bank accounts, or providing insurance. Most businesses involved in financial services have one or more branches and/or offices in a number of locations including banks, local governments, and other financial institutions. The branches of most financial institutions are located in places that have stable economies and low unemployment. Many of these establishments conduct business day in and day out, so they face seasonal cycles in their business operations.

Savings accounts are popular with people who wish to accumulate a fixed amount of money over a period of time. Some examples of savings accounts are T-bills, money market mutual funds, and certificates of deposits. Certificate of deposits are insured deposits (like savings accounts) that are given by a financial institution with a legal title. These certificates of deposits are insured against loss due to theft, fire or any third party. They also come with a fixed interest rate and term of maturity.

Types of Financial Institutions

There are various types of financial institutions, each having different features.

There are proprietary financial institutions which are owned by a few companies and have exclusive negotiating power with the government on behalf of the companies.There are also open-loan banks which issue loans that can be repaid by the borrower. Lastly, there are thrift institutions which borrow from the public and use the funds to purchase low-interest bearing investments for their investors.

The number of major types of financial institutions is large. Some examples of them include commercial banks, savings and loans, credit unions, mortgage companies, trust corporations, money managers, electronic banking, and commodity markets.

Commercial Banks

The main categories of commercial banks are central banks, commercial lending companies, online banks, retail banks, commercial lenders, consumer and mortgage banks, savings and loans institutions, mortgage companies, trust companies, and syndicate groups. In the United States, these banks operate as public corporations. The term 'commerce bank' is also used to describe some of these financial institutions.

There are several differences between these types of institutions. There is considerable overlap between the first two categories; however, the distinction does not stop there. For example, some banks are actually investment banking firms, with a license to operate as such. In addition, some thrift associations are actually mutual savings banks which are allowed to engage in certain types of transactions.

Commercial banks issue loans and other transactions on behalf of the customers and carry out the operations for businesses by providing their accounts with the money for completing commercial transactions. The various types of financial institution are retail banks that provide banking services to stores, offices, factories, camps, offices, school children, etc; wholesale banks that offer goods on the market through cashiers who accept deposits from customers in their premises; depository banks which carry on business activities for interbank transactions; money commercial lenders that lend funds to companies for the development of their businesses; and mortgage banks which provide a loan to businesses to purchase the building and land. These banks can establish branches in any state or jurisdiction where such businesses are located.

Foreign Exchange Banks

All foreign exchange commercial banks have a number of departments and staff members that help to oversee the activities that are performed by these companies. These financial institutions also deal with the cash management of these customers. They also lend to individuals and businesses on an ongoing basis depending on the capital available to them from various other financial institutions. The foreign banks that exist within the United Kingdon and the rest of the world were created to help fill the needs of the local banking market. Because of this, many people consider the American banks to be among the best financial institutions in the world and that is why they continue to grow each year.

Investment Banks

An investment bank or an investment firm is an organisation that works to raise capital. These organisations have either been registered as a corporation or a partnership, or may be a combination of both types. The most common types of investment banks and firms are those that trade publicly on stock exchanges, such as the New York Stock Exchange. Underwriters often work with investment bankers to make sure that they are lending you the proper amount of money at the right time. Some firms focus solely on traditional stocks, while others may also offer investment banking and stock market services. Many banks and firms also work with institutional investors.

An investment bank, also referred to as a venture capital firm, is a global business unit or financial advisory company that engaged in advisory-based financial deals on behalf of governments, individuals, and companies. It acts as a clearing house for the buying and selling of securities and other financial products such as bank guarantees and foreign currency. In the United States, the major commercial banks are now being run by investment banks. These firms are generally regarded as medium-sized financial organisations having an established balance sheet and a strong money management and risk management system.

A wide number of financial institutions offer investment banking services. In general, these companies provide their individual clients with deposit handling, day trading, direct mail, telephone, online access, and other similar services. In addition, these companies also work as representatives for certain types of their clients, such as wealthy private individuals, large institutional customers, governments, or international trading concerns. Most investment banks offer a host of investment products including corporate bonds, mutual funds, and treasury bills. Their most popular products are bank notes and stock certificates.

Insurance Companies

Insurance companies are the financial backbone of our country. They provide a valuable service by helping to insure the financial assets of the nation. When an insurance company goes bankrupt they take a large portion of the assets with them. This is why it is so important to keep your insurance policy current.

Insurance companies can only calculate the risk of something occurring and assume you will pay a certain amount based on their statistical analysis. They make huge profits by collecting over the premium for their policies by charging more than the statistical average of making future claims. If you think about it, the financial institutions always lose money because someone is always going to sue them. The same applies in the stock market. All investments are risk dependent and the bigger the bank, the more risky your investment may become.

Insurance companies are one of the few businesses that actually needs to provide a service to the community or society as a whole. It is their job to look after their clients' assets in case something happens. So how can these businesses make any type of profit? Simple. They must collect premiums from their customers and use their profits to support the economic health of the economy.

Understanding Financial Institution

A financial institution (FI) is a private company engaged in the commercial business of facilitating financial and money transactions including loans, deposits, investment, and foreign currency exchange. A wide range of financial products are offered by FI's such as commercial paper, negotiable instruments, securities, bank liabilities, asset management, international trade, and money markets. Commercial paper is issued by FI's to pay the interests and other charges on loans or to encourage commercial activities.

Most of the small banks in the UK and USA have their own proprietary banking system. Some of them are chartered by a state or federal regulatory agencies. Commercial banks receive deposits from depositors and use funds to make commercial loans or purchase raw materials and equipment used in conducting businesses. Savings accounts, on the other hand, are accounts held by consumers for saving purposes and are generally managed by banks with the help of a financial institution management service.

Investment banks are classified as one of the financial institutions and engage in activities such as purchasing, holding, and promoting the purchase of mutual funds and other investments. Insurance companies provide insurance-related products such as life, health, dental, and property insurance. Many small banks also form investment banks that distribute dividends to shareholders. The main role of financial institutions is to facilitate the smooth flow of credit and facilitate capital formation. They play a major role in the smooth functioning of the economy.

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

Reputable Financial Institution Checklist

Selecting a reliable and reputable online Financial Institution Investment Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Financial Institution Investment Platforms more confidently.

Selecting the right online Financial Institution Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Compare Key Features of Financial Institution Investment Platforms in Our Brokerage Comparison Table

When choosing a broker for Financial Institution Investment Platforms trading, it's essential to compare the different options available to you. Our Financial Institution Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.

By comparing these essential features, you can choose a Financial Institution Investment Platforms broker that best suits your needs and preferences for Financial Institution Investment Platforms. Our Financial Institution Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.

Top 15 Financial Institution Investment Platforms of 2024 compared

Here are the top Financial Institution Investment Platforms.

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

All brokers below are Financial Institution Investment Platforms. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more Financial Institution Investment Platforms that accept Financial Institution Investment Platforms clients.

Broker IC Markets Roboforex eToro XTB XM Pepperstone AvaTrade FP Markets EasyMarkets SpreadEx FXPro
Rating
Regulation Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority) 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) Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) 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)
Min Deposit 200 10 100 No minimum deposit 5 200 100 100 100 1 100
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 180,000+ 1,000,000+ 30,000,000+ 1,000,000+ 10,000,000+ 400,000+ 300,000+ 10,000+ 142,500+ 10,000+ 1,866,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Demo account
  • Mini account
  • Islamic account
Platforms MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, Tablet & Mobile apps 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, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, cTrader, 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
icmarkets
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roboforex
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etoro
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xtb
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xm
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pepperstone
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avatrade
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fpmarkets
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easymarkets
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spreadex
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fxpro
Risk Warning Losses can exceed deposits Losses can exceed deposits 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 Your capital is at risk Losses can exceed deposits 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider
Demo IC Markets
Demo
Roboforex
Demo
eToro
Demo
XTB
Demo
XM
Demo
Pepperstone
Demo
AvaTrade
Demo
FP Markets
Demo
easyMarkets
Demo
SpreadEx
Demo
FxPro
Demo
Excluded Countries US, IR, CA, NZ, JP AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, US, IN, PK, BD, NG , ID, BE, AU US, CA, IL, IR AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET BE, BR, KP, NZ, TR, US, CA, SG US, JP, NZ US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE US, TR US, CA, IR


All Financial Institution Investment Platforms in more detail

You can compare Financial Institution Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.

We also have an indepth Top Financial Institution Investment Platforms for 2024 article further below. You can see it now by clicking here

We have listed top Financial Institution Investment Platforms below.

Financial Institution List

IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 180000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android

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), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Roboforex
(4/5)
Min deposit : 10
Roboforex was established in 2009 and is used by over 1000000+ traders. Losses can exceed deposits Roboforex 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 RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund
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 1000000+ 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, cTrader, 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)
EasyMarkets
(4/5)
Min deposit : 100
easyMarkets was established in 2001 and is used by over 142500+ traders. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto. Cryptocurrency availability with easyMarkets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Web Trader, TradingView, 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 Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI)
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)
FXPro
(4/5)
Min deposit : 100
FxPro was established in 2006 and is used by over 1866000+ traders. 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider FxPro offers Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader, 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), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB)

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Losses can exceed deposits
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Losses can exceed deposits