We found 11 online brokers that are appropriate for Trading Forex Brokers.
The foreign exchange (Forex) market is the largest and most liquid financial market in the world, where currencies are traded in pairs. These pairs represent the value of one currency relative to another. Among them, CHF currency pairs hold a special place because of the Swiss Franc's (CHF) reputation for stability and its status as a safe-haven currency.
The Swiss Franc is Switzerland's official currency, widely recognized for its stability. This makes it particularly appealing during periods of economic uncertainty or geopolitical tension, as investors often seek it out as a safe asset.
Trading CHF pairs can be an excellent choice for both beginner and experienced traders. The Swiss Franc's unique qualities make it a versatile option, catering to various trading styles and risk tolerances. Here’s why:
Low Volatility: CHF's stability makes it ideal for traders with a low tolerance for risk. For example, EUR/CHF typically fluctuates within tight ranges, with spreads as low as 0.6 pips on popular trading platforms.
Strong Liquidity: CHF pairs are highly liquid, enabling smooth entry and exit from trades. For instance, trading USD/CHF often comes with low commissions, averaging 2.50 GBP per lot in the UK and 3.00 EUR in Europe.
Safe-Haven Status: During turbulent times, the CHF often appreciates, providing value as a hedging tool. A prominent example was its performance in 2020, where USD/CHF dropped from 0.98 to 0.88 amidst global market turmoil.
Hedging Opportunities: CHF pairs can help offset risks, particularly for traders with exposure to European currencies. For Australian traders, using CHF pairs like AUD/CHF can mitigate risks from fluctuating commodity prices.
The Swiss National Bank (SNB) significantly influences the Swiss Franc. Its monetary policy decisions, such as interest rate adjustments and foreign exchange interventions, can have a major impact on the currency’s value. For instance, the SNB's recent rate hike to combat inflation resulted in the CHF appreciating by 2% against the EUR.
CHF pairs have distinct characteristics influenced by economic, geopolitical, and market dynamics, and they behave as follows:
USD/CHF: Known for its relative stability and popularity as a safe-haven pair during market stress. For instance, USD/CHF traded between 0.89 and 0.91 during Q2 2024, with spreads averaging 1 pip on most UK platforms.
EUR/CHF: Has experienced volatility, notably during the European debt crisis. In the past year, it ranged between 0.96 and 1.00, making it a favorite for European traders seeking low spreads.
GBP/CHF: Reacts to UK economic conditions and broader global trends. Recent trends showed GBP/CHF hitting 1.11, influenced by the UK's inflation data, with commission fees around 4 GBP per trade on premium accounts.
Here are some popular CHF currency pairs and their current price ranges with examples of what the price means. Also note that currency exchange rates fluctuate constantly, so these ranges are approximate and can change.
EUR/CHF: 0.92 - 0.94 This means that if the current EUR/CHF rate is 0.92, it means that 1 Euro is equal to 0.92 Swiss Francs.
USD/CHF: 0.88 - 0.90; If the current USD/CHF rate is 0.88, it means that 1 US Dollar is equal to 0.88 Swiss Francs.
GBP/CHF: 1.08 - 1.12; If the current GBP/CHF rate is 1.10, it means that 1 British Pound is equal to 1.10 Swiss Francs.
AUD/CHF: 0.55 - 0.58; If the current AUD/CHF rate is 0.56, it means that 1 Australian Dollar is equal to 0.56 Swiss Francs.
CAD/CHF: 0.63 - 0.66; Example: If the current CAD/CHF rate is 0.65, it means that 1 Canadian Dollar is equal to 0.65 Swiss Francs.
NZD/CHF: 0.50 - 0.53; Example: If the current NZD/CHF rate is 0.52, it means that 1 New Zealand Dollar is equal to 0.52 Swiss Francs.
JPY/CHF: 0.0060 - 0.0065; Example: If the current JPY/CHF rate is 0.0062, it means that 100 Japanese Yen is equal to 0.62 Swiss Francs.
Several factors drive the movement of CHF pairs, making the Swiss Franc a dynamic currency in the Forex market:
Economic Indicators: Key metrics like Switzerland's GDP growth, inflation rates, and unemployment levels play a big role in shaping the CHF's value.
Geopolitical Events: Political instability or global crises, like natural disasters, often boost the appeal of the Swiss Franc as a safe-haven currency.
Central Bank Policies: The Swiss National Bank (SNB) has a major influence on CHF pairs. Changes in interest rates or market interventions by the SNB can quickly impact the Franc's strength.
Market Sentiment: In times of uncertainty, when investors shy away from risk, they tend to flock to the Swiss Franc for its stability.
Trading CHF currency pairs can be approached in several ways, depending on your strategy and market outlook. Here's a quick breakdown of popular methods:
Carry Trade: Take advantage of interest rate differences by borrowing the low-interest CHF to invest in currencies with higher interest rates. For example, in the UK or Europe, you might consider trading CHF/GBP or CHF/EUR pairs, where the GBP or EUR could offer higher interest rates. Assume a position size of 10,000 GBP; you might earn 50 GBP in interest over a month, depending on the rate difference.
Counter-Trend Trading: Look for opportunities to trade against the prevailing market trends, aiming to profit from reversals. For instance, if CHF/USD is trading at 0.89 and shows signs of exhaustion in its downward trend, you could buy with a target price of 0.91, potentially earning 200 GBP on a standard lot trade.
Breakout Trading: Keep an eye on consolidation phases, and jump in when a pair breaks out with a strong price movement. For example, if CHF/AUD consolidates around 1.4600 and breaks out to 1.4700, a 1,000 GBP position could yield 70 GBP profit if the movement is caught early.
Fundamental Analysis: Dive into economic data, central bank decisions, and global events to guide your trading choices. For instance, after a Swiss National Bank announcement, CHF/GBP might fluctuate significantly. If the pair moves from 0.8000 to 0.8050, a 5,000 GBP position could generate 250 GBP in profit.
Technical Analysis: Use tools like charts and indicators to identify the best entry and exit points for your trades. For example, using Fibonacci retracement on CHF/USD, if the pair bounces at the 50% level around 0.90 and rises to 0.92, a 2,000 GBP position might earn 80 GBP.
These strategies let you tailor your approach to fit the unique characteristics of CHF pairs. Choose the one that aligns best with your trading style and goals!
Trading CHF currency pairs can be rewarding, but it's important to understand the risks involved. Here's a closer look at some potential challenges and how to address them:
Sudden Price Swings: The Forex market is naturally volatile, with CHF pairs often experiencing sharp price movements during major economic releases, geopolitical events, or natural disasters. For example, after Switzerland announces its GDP figures, the CHF/USD pair could swing significantly, moving from 0.9200 to 0.9400 within hours. Traders must be prepared for these swift changes, which can lead to either substantial profits or losses.
SNB Interventions: The Swiss National Bank (SNB) occasionally intervenes in the market to influence the CHF's value. In 2015, when the SNB removed its EUR/CHF peg, the pair fell dramatically from 1.20 to below 1.00 almost overnight. For instance, a trader holding a 10,000 EUR position would have faced losses exceeding 1,500 GBP within minutes. This highlights the need for vigilance and preparation for unexpected interventions.
Magnified Gains and Losses: Leverage allows traders to control larger positions with less capital, but it also amplifies losses. For instance, trading CHF/JPY with 20x leverage means that a 1% market movement could result in a 20% gain or loss. If a trader with a 1,000 GBP account takes a position worth 20,000 GBP, a 0.5% unfavorable move could result in a 100 GBP loss, eating into their capital significantly.
Margin Calls: When the market moves against your position, you may receive a margin call requiring additional funds. For example, if a trader buys CHF/GBP at 0.8000 with 5,000 GBP and the market drops to 0.7800, the trader might need to deposit 500 GBP to maintain the position. Failure to meet this requirement could lead to liquidation and further losses.
Reduced Liquidity: During low trading periods, it may become challenging to execute trades at favorable prices. For instance, trading the CHF/USD pair during off-peak hours might result in slippage, where a planned buy order at 0.9200 executes at 0.9210 instead, costing an additional 10 GBP on a 10,000 GBP position. Over time, this can erode profits, particularly for frequent traders.
Exchange Rate Fluctuations: Economic data, geopolitical events, and central bank policies influence CHF values. For example, a trader anticipating the CHF to strengthen against the GBP might buy CHF/GBP at 0.8100, expecting it to rise to 0.8300. However, if the Bank of England announces unexpected interest rate hikes, the GBP could strengthen, causing the pair to drop to 0.7900, resulting in a 200 GBP loss on a 10,000 GBP position.
Brokerage Firm Failure: Trading with an unreliable broker can expose your funds to risk. For instance, if an unregulated broker fails while you have 2,000 GBP in your account trading CHF/JPY, those funds could become inaccessible. To mitigate this, always select brokers regulated by authorities such as the FCA in the UK, ASIC in Australia, or CySEC in Europe.
Emotional Trading: Emotions can lead to impulsive decisions. For example, after losing 500 GBP on the EUR/CHF pair, a trader might attempt a 'revenge trade' by doubling down on a new position without thorough analysis. This often results in further losses, as emotional trades typically lack strategic foundations.
Overtrading: Taking excessive positions can increase exposure to unnecessary risks. For instance, opening trades on CHF/USD, CHF/EUR, and CHF/JPY simultaneously with 10,000 GBP each can overwhelm a trader, especially if market conditions turn volatile. Spreading focus too thinly may result in mismanagement and compounded losses.
Educate Yourself: Build a strong foundation in Forex trading, including technical and fundamental analysis, especially focusing on CHF currency pairs like USD/CHF and EUR/CHF. For example, understanding how the Swiss National Bank's policies influence the USD/CHF pair can help you anticipate market movements. If you’re based in the UK or Europe, learn how the GBP/CHF or EUR/CHF pairs react to Brexit-related updates or Eurozone economic changes.
Develop a Trading Plan: Define your goals, risk tolerance, and strategies tailored to CHF Forex pairs. For example, if you’re trading EUR/CHF, consider how the Eurozone's economic performance impacts this pair. A UK trader could set a goal to profit from a EUR/CHF movement between 1.0500 and 1.0800. Similarly, Australian traders might look at AUD/CHF, aiming to capture fluctuations between 0.6500 and 0.6800, reflecting trade relations and commodity prices.
Use Risk Management Tools: Set stop-loss and take-profit orders to cap potential losses and secure profits. For instance, when trading GBP/CHF at a price of 1.1500, setting a stop-loss at 1.1400 and a take-profit at 1.1600 helps protect your investment while capitalizing on upward trends. Australian traders trading AUD/CHF at 0.6700 could set a stop-loss at 0.6600 and a take-profit at 0.6800 to safeguard profits.
Practice Money Management: Avoid risking more than a small percentage of your capital on a single trade. For instance, if you trade AUD/CHF at 0.6500, investing no more than 2% of your total account balance per trade ensures better capital preservation. UK-based traders investing in GBP/CHF at 1.1200 should apply similar risk limits to protect their portfolio against sudden market shifts.
Stay Informed: Keep track of economic news, market trends, and central bank updates. For CHF Forex pairs, monitor events such as the Swiss National Bank's interest rate decisions, which could significantly impact pairs like USD/CHF or CHF/JPY. For example, a sudden rate hike might push USD/CHF from 0.9200 to 0.9100, creating opportunities for both UK and Australian traders to re-evaluate their strategies.
Control Emotions: Trade with discipline, and don't let fear or greed dictate your decisions. For instance, if CHF/JPY rises from 120.50 to 122.00, sticking to your plan rather than impulsively closing the trade can maximize gains. European traders can especially benefit from adhering to disciplined strategies when trading volatile pairs like EUR/CHF or GBP/CHF.
Consult a Financial Advisor: For a tailored strategy that aligns with your financial goals, consider seeking professional guidance. For example, UK investors looking to diversify with CHF currency pairs like NZD/CHF or CAD/CHF can work with an advisor to balance risk exposure effectively. Australian traders seeking insights on AUD/CHF trends might also benefit from expert guidance on local market dynamics.
Trading CHF pairs can offer unique opportunities, but success requires a clear understanding of the risks and a commitment to sound trading practices. With proper strategies, trading pairs like USD/CHF or EUR/CHF can provide both stability and profitability in your Forex endeavors.
The Swiss Franc (CHF) is anticipated to maintain its status as a safe-haven currency throughout 2025 and 2026. However, its performance against other currencies will be influenced by various global economic factors, central bank policies, and geopolitical events.
Several events could lead to an appreciation of the CHF in the coming years:
Conversely, certain conditions could lead to a depreciation of the CHF:
CHF currency pairs offer unique opportunities, thanks to the Swiss Franc's reputation as a safe-haven currency. By understanding the factors that drive CHF movements, applying effective trading strategies, and managing risks, you can confidently navigate the Forex market. For instance, during global uncertainty, USD/CHF might drop from 0.9200 to 0.9100, presenting buying opportunities for long-term investors in Europe or Australia. Similarly, short-term traders could capitalize on intraday volatility in pairs like CHF/JPY, trading price movements from 121.00 to 121.50. For UK traders, keeping an eye on GBP/CHF during Bank of England announcements could reveal profit-making opportunities in price shifts between 1.1100 and 1.1300.
We have conducted extensive research and analysis on over multiple data points on Forex CHF Currency Pairs to present you with a comprehensive guide that can help you find the most suitable Forex CHF Currency Pairs. Below we shortlist what we think are the best Forex Brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Forex CHF Currency Pairs.
Selecting a reliable and reputable online Forex Brokers 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 Forex Brokers more confidently.
Selecting the right online Forex Brokers trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Forex Brokers trading, it's essential to compare the different options available to you. Our Forex Brokers 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 Forex Brokers broker that best suits your needs and preferences for Forex Brokers. Our Forex Brokers broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Forex Brokers.
Compare Forex Brokers brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Forex Brokers broker, it's crucial to compare several factors to choose the right one for your Forex Brokers needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Forex Brokers. Learn more about what they offer below.
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IC Markets
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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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FP Markets
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EasyMarkets
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SpreadEx
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FXPro
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Regulation | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. 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) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) |
Min Deposit | 200 | 10 | 50 | No minimum deposit | 5 | No minimum deposit | 100 | 100 | 25 | No minimum deposit | 100 |
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Used By | 200,000+ | 730,000+ | 35,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ | 60,000+ | 7,800,000+ |
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Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) |
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Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 61% of retail investor accounts lose money when trading CFDs with this provider. | 69% - 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | 65% of retail CFD accounts lose money | 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, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, | 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 |
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