Forex Legit for 2021

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

Forex Legit Guide

Updated June 18, 2021

Forex Legit

There have been a lot of Forex scams in recent years, which have made many new traders fearful. As fake trading systems and software continue to flood the market, it is important to find out if the product you are considering is Forex Legit. The best way to check to see if it is legit is to research it and see what the product sales page says. If it has positive testimonials from happy customers that can be verified then it is most likely legit.

What Exactly Is Forex Trading?

The Forex market is an over-the-counter global market for the financial trading of currencies. This marketplace determines international currency rates for each currency based on information it receives from various sources. In Forex trading, you use leverage to go long (buy) and short (sell). Leverage is used to increase the amount of cash that you can trade for every currency pair. However, it is not only used by large-scale traders and companies who can afford to use higher amounts of leverage. You can also use small amounts of leverage to trade smaller amounts of money through the currency pairs on the market.

Some of the most common strategies that focus on Forex trading are the spread trade and the cross trade. The spread trade is when an investor trades a variety of different currencies against each other and the euro or the US dollar.

The cross trade occurs when an investor trades a variety of different currencies against one another, but the two currencies need not be the same as the base currency used in the trade. Examples of popular cross currencies are the GBP/USD, CHF/USD, AUD/JPY, USD/EUD, and GBP/JPY. These types of Forex trading strategies are effective because they make use of the many differences among the different major currencies around the world. In addition, investors can benefit from the flexibility of these types of strategies because they allow the investor to adjust their risk level for a given currency pair by changing the initial investment.

What Kind Of Forex Scams Exists?

Forex scams are prevalent in the foreign exchange market. You have to be aware of any Forex trading system which promises you easy and quick wealth. There are numerous more scams out there, which attempt to make you think that you can become wealthy overnight. In fact, such false promises often leave you in a state of confusion, anxiety and finally, depression. So, it is important that you learn about what Forex scams exist and how you can avoid them.

A Forex trading scam is an illegal transaction in the currency exchange market. A Forex trading scam usually takes the form of an advertisement which boasts about making easy and quick wealth. However, there is hardly any such advertisement which offers genuine information. Any form of free advertisement that promises overnight wealth is not a genuine advertisement.

Robot Trading Systems

Robot trading strategies can be extremely helpful for traders who are relatively new to the Forex trading market, but who can't commit any time or effort into doing their research and verification. They're certainly not a technological fix that any antivirus expert or an internet guru can use to consistently make money with Forex trading. They DO, however, significantly reduce the amount of time necessary for a trader to learn about the market and develop effective trading strategies.

Most traders use multiple signal generators and multiple trading systems to keep their robot trading on top of the markets. It's simply a matter of having enough alert sensors (or indicators) to react when it's time to act. This is not the same as having a 'great' memory. Remember that all traders remember what they did last week, but new traders need to remember what they did the week before. As you get more experienced, you will be able to use your memory better, but for now...a good, reliable robot will keep you well informed about what is happening in the markets.

Is Your Forex Broker a Scam?

Many people have heard of a Forex Broker but many do not quite understand what it is or how it works. Forex is short for foreign exchange and is the market place where currency is traded. Forex trading can be done online through Forex brokers or at your local market place. Most of the big Forex brokers all are registered in the United States as well. So this means that they are fully authorised to trade online on US exchange.

Forex broker reviews and reports are good ways to determine if a company is a reliable and trustworthy business. You can search the internet to see if there are any complaints against a specific broker. You may also find news articles and stories on Forex broker scams. It's a good idea to call or email brokers and ask them questions via email. This is due diligence and a sign of respect for the business and the hard work they do for you.

Signal Sellers

In a Forex trading system, signal sellers are used to facilitate liquidity of the Forex market. The signal seller buys and sells currency pairs at predetermined price targets determined by the trader. The signals can be either natural or artificial and used to make the buy and sell decisions. The signals provide important direction to the investor, facilitating entry and exit of funds from the Forex trading system.

Signal providers use several different types of signals for buyers and sellers. Most are price based and work best when price targets are set. Some signals provide information on opening and closing prices, whereas others provide indicators of support and resistance levels. Knowing your own trading strategies and methods is important so that you can tailor your signals to suit your requirements.

Multi-level Marketing Forex Scams

Multi-level marketing (MLM) has been around for decades, and it's still around today in a more subtle form: the practice of recruiting distributors to sell a business opportunity. Most people think of multi-level marketing in terms of MLM businesses.

If a multi-level marketing Forex scam is found to be present, it is important to report the business to the Better Business Bureau or BBB for further investigation. Once the investigation is over and you have either found proof of the company's legitimacy or you have removed it from your contact list, you should never give that company or person any more money than you have already. This is one of the simplest ways to avoid being scammed. Just because you think that a company has a great product or service doesn't mean that they are legitimate.

Broker Scams

Broker scams have been a major problem in Forex over the past few years. As a trader, you are extremely vulnerable to these scams because you do not know who your broker is and you have no way of checking. However, there are ways that you can protect yourself from brokers that will try to take your money through fake brokerages.

Broker scams tend to affect mostly inexperienced traders and begin with someone who claims they can teach you everything you need to know. Often times, these brokers promise low-risk investments that end up costing more than investors will make. This usually occurs when the inexperienced investor does not have enough knowledge to realise what the risk actually is.

Fake Forex Funds

If you have found yourself scammed by a company that offers to give you fake Forex funds you may not be thinking straight. Many people who are looking to trade in the Forex market are falling victim to the various schemes that are out there. This is not surprising, when you think about the fact that the Forex market is open twenty-four hours a day and has millions of investors. The market practically never closes, save for a few hours over the weekend. Therefore, the possibility of getting ripped off due to the volume of trades that occur at this pace is very high.

Fake Forex funds can be found just about anywhere on the internet. You should not be in a hurry to give up finding the best Forex money making opportunity. It's always best to be safe than sorry when it comes to your investments. Never trust the word of a Forex broker as they are paid to do propose nothing but good for their clients. If you find a Forex trading advisor that sounds too good to be true you should reconsider your decision and move on to the next one.

How Do You Identify A Forex Trading Scam?

Forex scams are aplenty and unfortunately, you can't always tell if the Forex trading system you're about to get from an online broker is a scam or not. Forex scams are just that: scams. There are too many Forex scam artists out there who know that it's very easy to get your money from unsuspecting people. They just want your money so they can run off with it and create another scam.

But how do you know if the trading system you've just bought is a Forex scam? One of the best ways to tell is if the broker sends you a 'spam' e-mails. These are the Forex scams that masquerade as real brokers and send you lots of annoying e-mails trying to sell you stuff. Real brokers don't spam you like this. And they certainly don't send you 'spam' emails to promote themselves.

How To Avoid A Forex Scam

One of the biggest problems that people have with Forex scams is that they are very difficult to identify. People don't always realise that it is the Forex broker and not the Forex market itself that is the scam. When you start looking at the different Forex scams online, you will notice that some are very obvious. There are Forex brokers out there that are just after your money and will say anything in order to get it. That is something that you will have to watch out for, but in most cases, once you spot the scam, it is too late to do anything about it.

Always make sure that you are dealing with a legitimate broker and that he or she is willing to give you any kind of advice. Forex scams are usually characterised by people who know very little about the Forex market or the trading system itself. You need to find someone that knows exactly what they are talking about.

Another thing you can do in order to avoid Forex scams is to research everything you can about the Forex market. This is especially important for new investors. Make sure that you understand how the market works and the factors that play into your Forex trades. This will make it much easier for you to avoid getting involved in anything that isn't right for you. By researching everything you can, you will also be armed and ready to put a stop to anyone who is trying to take advantage of you.

We've collected thousands of datapoints and written a guide to help you find the best Forex Legit for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best Forex Investment Platforms below.

Reputable Forex Legit Checklist

There are a number of important factors to consider when picking an online Forex Investment Platforms trading brokerage.

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

Our brokerage comparison table below allows you to compare the below features for brokers offering Forex Investment Platforms.

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

Top 15 Forex Investment Platforms of 2021 compared

Here are the top Forex Investment Platforms.

Compare Forex Investment Platforms min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

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

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

Broker eToro AvaTrade IC Markets XTB Roboforex Pepperstone XM FP Markets Plus500 FXPrimus EasyMarkets
Rating
Regulation Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) Cyprus Securities and Exchange Commission (CySEC) 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 International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) 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 Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
Min Deposit 200 250 200 No minimum deposit 1 200 5 100 100 100 100
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 20,000,000+ 200,000+ 180,000+ 250,000+ 10,000+ 89,000+ 3,500,000+ 10,000+ 15,500+ 10,000+ 142,500+
Benefits
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • 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
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Raw Spread account
  • Islamic account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Zero spread account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
Spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
Platforms Web Trader, Tablet & Mobile apps Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, Web Trader, 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
Sign Up with
avatrade
Sign Up with
icmarkets
Sign Up with
xtb
Sign Up with
roboforex
Sign Up with
pepperstone
Sign Up with
xm
Sign Up with
fpmarkets
Sign Up with
plus500
Sign Up with
fxprimus
Sign Up with
easymarkets
Risk Warning 67% of retail investor accounts lose money when trading CFDs with this provider. 72% of retail investor accounts lose money when trading CFDs with this provider Losses can exceed deposits 77% 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 CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 Your capital is at risk Losses can exceed deposits 72% 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 Your capital is at risk
Demo eToro
Demo
AvaTrade
Demo
IC Markets
Demo
XTB
Demo
Roboforex
Demo
Pepperstone
Demo
XM
Demo
FP Markets
Demo
Plus500
Demo
FXPrimus
Demo
easyMarkets
Demo
Excluded Countries IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, 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, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, BE, BR, KP, NZ, TR, US, CA, SG AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA US, IN, PK, BD, NG , ID, BE, AU US, JP BR, KR, IR, IQ, SY, JP, US US, CA, IL, KR, IR, MM, CU, SD, SY US, JP, NZ MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. US

All Forex Investment Platforms in more detail

You can compare Forex 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 Forex Investment Platforms for 2021 article further below. You can see it now by clicking here

We have listed top Forex Investment Platforms below.

Forex Legit List

eToro
(4/5)
Min deposit : 200
eToro was established in 2007 and is used by over 20000000+ traders. 67% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF). 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 Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)
AvaTrade
(4/5)
Min deposit : 250
AvaTrade was established in 2006 and is used by over 200000+ traders. 72% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, CFDs, Spread Betting, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI)
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, ZuluTrade, Web Trader, cTrader, Mac

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 250000+ traders. 77% 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 Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)
Roboforex
(4/5)
Min deposit : 1
Roboforex was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
Pepperstone
(4/5)
Min deposit : 200
Pepperstone was established in 2010 and is used by over 89000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money Pepperstone offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and 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
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 3500000+ traders. Your capital is at risk XM 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 Islamic account VIP account
Regulated by International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
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 Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
Plus500
(4/5)
Min deposit : 100
Plus500 was established in 2008 and is used by over 15500+ traders. 72% 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.


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 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
FXPrimus
(4/5)
Min deposit : 100
FXPrimus was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits FXPrimus offers Forex, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID)
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, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
Learn more Learn more about eToro. 67% of retail investor accounts lose money when trading CFDs with this provider.