Forex Margin Trading for 2024

We found 11 online brokers that are appropriate for Trading Forex Margin Brokers.

Forex Margin Trading Guide

Analysis by Andrew Blumer, Updated Last updated - March 27, 2024

Forex Margin Trading

As a Forex trader who is serious about achieving true success, there are some terminologies that you need to understand. Having vast knowledge about the industry can make you stand out from the crowd. One of the such strategies is a Forex margin. Believe it or not, this is one of the most popular strategies in Forex trading. Failure to understand how it works can limit your chances of achieving real success to a great extent.

One of the most important aspects of Forex margin trading is money management. When you use this type of trading, you are essentially borrowing money from your broker, which you need to pay back before you can start trading. A proper money management plan can prevent you from experiencing any margin calls. Learn about margin in Forex and follow the rules of your broker. If you do not, you could end up sunk. A good way to keep your losses under control is to use a money management plan.

When trading in Forex, you should always have enough margin to protect your funds. You do not have to use 100% of your account value to trade in the Forex market. As long as you have enough margin, you should be able to profit from your investments. You should also understand how to set up your margin orders in order to get the best results. If you know how to trade with the right leverage, you can enjoy bigger profits and larger losses. However, you must be sure that you have the right amount of money to fund your position.

When you use Forex margin trading, you should know how much money you need to put into each trade. The amount of your margin is the percentage of your account's value that your broker has locked. If you do not have enough money in your account, you should not open a position with a lower margin. By understanding your margin, you can trade Forex with confidence. It is important to understand that the Forex market is very dynamic and fluctuating.

What is a Margin?

This a practice whereby a good faith deposit is made with a broker by the trader. With this, you will be able to open as well as maintain positions in multiple currencies. Please note that this is neither a cost nor a fee. Instead, it is that percentage of your account which has been set aside for trading purposes. There are brokerage firms that require high margins before you can trade. On the other hand, some require average or low margins for you to trade using their platforms.

Another way to view margin is when you trade with leverage. Although this has a way of increasing potential returns, there is also a very high risk.

When you are trading Forex, an amount is usually set aside to enable you open as well as maintain a position. That amount is known as your capital and can also be called the margin. For instance, you plan to purchase USD/EUR worth $50,000. However, you will not need to deposit the full amount before this can be possible. You can end up spending $2,000. How much you will be spending as margin usually depends on brokers as said above. Margin is a like a collateral deposit which you make in order to maintain a position during trade.

The amount that has been set aside as the capital is going to be either locked up or used during the trade. If such trade gets closed, the margin is going to returned to your account. It can then be used in opening different trades. One of the most notable features of margin is that it is usually expressed as percentage. There is no fixed percentage for such. Some brokers may require margin of 1%, 5%, 2%, 10%, 2.5% or more. Just as said above, margins enable traders to take advantage of trade opportunities which otherwise would not have been possible.

How Does Margin Trading in the Forex Market Work?

The Forex market has various ways of leveraging your investment. In the standard currency exchange market, one trading lot is worth 100,000 units. So, if you trade with one lot, your margin will be 100,000 units. You can also enter private contracts to lock in an exchange rate for a future date. This is done in the futures market, which is a standardised contract.

When trading with a margin account, you put down a percentage of the larger amount you want to invest and the broker puts the rest. You can increase your position size and profit with the leverage. Unlike with traditional trading, you have a greater risk and cannot take it with a low balance. This way, you have a higher chance of making a profit. In this way, you can borrow more money than your account balance, which means you can take on larger risks.

The margin system in the Forex market allows the trader to open a position with a fraction of the total amount. The trading provider's margin system determines the margin amount, and the higher the volatility of the currency, the higher the margin requirement. However, the margin system allows you to borrow money and make more risky trades. And the advantage of this strategy is that you can increase your profits with less capital than you would with other methods.

Understanding Margin Accounts

One of the first things to understand about margin accounts is that you can use them to borrow money in order to invest in stocks, bonds, and other investments. You must understand that trading on margin can magnify your gains and losses. A margin account is a type of investment account that requires the borrower to deposit cash to buy stocks. The broker will allow the investor to sell the stock at a profit or cover the loan, but they will have to have the remaining money available. If the value of the investment drops, the brokerage firm can call in the loan, so you must have other cash available to make up the difference. Therefore, you must ensure that you have the funds in other accounts to pay off the loan.

An important factor to remember about margin accounts is the interest rate. While a margin account is a great way to invest, it also carries a high risk of loss. The interest rate on the loan is usually the current prime rate plus an amount. It is crucial to understand the risks associated with using this type of account. While you may have the cash on hand to cover the entire investment, it is important to consider the risks of losing more than your original cash investment.

A margin account is an investment account that allows an investor to purchase securities on credit with less than their funds. Because you are borrowing the money from your broker, you are essentially borrowing the money to purchase the securities. In essence, your assets are collateral for the loan. Using margin accounts is a great way to buy stocks and bonds. However, itis important to understand that you can lose more than you invest. If you are unable to meet the requirements for your margin account, you will be liable for the outstanding debt to your broker.

What You Need To Know About Forex Margins

It has been discovered that most people assume margins for stock and Forex trading are the same. While stock trading also has margin, this is quite different from what applies in Forex trading. Below are some areas where both tend to be different.

Margin Interest

Trading margin is similar to a loan. In Forex, your broker is going to add a huge amount of money for each dollar that you have decided to put in. However, there is no interest on such money. That is to say, you are not expected to pay any interest. Stock brokers are very much different in this regard. This is because they always tend to charge interest on margin.

Margin Size

It is margin that determines the level of leverage you will get. Again, stock and Forex margins are different in this area. For example, the margin size available to Forex traders is always higher than that of stock. 2:1 margin is what you will find most stock brokers offering. However, Forex brokers can offer traders up to 10:1.

Margin Calls

This is common in stock markets and not Forex market. It is a situation when the trade seems to be moving against a trader’s prediction and analyses.

Final Verdict On Forex Margin Trading

Understanding margin and how to make use of it effectively as a trader is very important for your success. There is no doubt that this post has helped you to have an in-depth knowledge about how it works.

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

Reputable Forex Margin Trading Checklist

Selecting a reliable and reputable online Forex Margin Trading 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 Margin Trading Brokers more confidently.

Selecting the right online Forex Margin Trading 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.

Compare Key Features of Forex Margin Trading Brokers in Our Brokerage Comparison Table

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

Top 15 Forex Margin Trading Brokers of 2024 compared

Here are the top Forex Margin Trading Brokers.

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

All brokers below are Forex Margin Trading Brokers. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more Forex Margin Trading Brokers that accept Forex Margin Trading Brokers clients.

Broker IC Markets Roboforex eToro XTB XM Pepperstone AvaTrade FP Markets NordFX EasyMarkets SpreadEx
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), License No: 209/13, VFSC registration number 15008 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)
Min Deposit 200 10 100 No minimum deposit 5 200 100 100 1 100 1
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+ 935,000+ 10,000,000+ 400,000+ 300,000+ 10,000+ 10,000+ 142,500+ 10,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • 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
  • Offers STP
  • Low min deposit
  • 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
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
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard 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, IRESS, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, Tablet & Mobile apps MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps 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
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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 Losses can exceed deposits Your capital is at risk Losses can exceed deposits
Demo IC Markets
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Roboforex
Demo
eToro
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XTB
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XM
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AvaTrade
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FP Markets
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NordFX
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easyMarkets
Demo
SpreadEx
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, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VG, EH, ES, YE, ZW, ET BE, BR, KP, NZ, TR, US, CA, SG US, JP, NZ US, CA, EU, RU, SY, KP, CU 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


All Forex Margin Trading Brokers in more detail

You can compare Forex Margin Trading Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.

We also have an indepth Top Forex Margin Trading Brokers for 2024 article further below. You can see it now by clicking here

We have listed top Forex Margin Trading Brokers below.

Forex Margin Trading 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 935000+ traders. 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19)
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 10000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XM offers Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs, Energies CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account XM Swap-Free account (XM Ultra Low Account) VIP account
Regulated by Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
Pepperstone
(4/5)
Min deposit : 200
Pepperstone was established in 2010 and is used by over 400000+ traders. 74-89 % of retail investor accounts lose money when trading CFDs Pepperstone offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account Pro Account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217
AvaTrade
(4/5)
Min deposit : 100
AvaTrade was established in 2006 and is used by over 300000+ traders. 71% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading . Cryptocurrency availability with AvaTrade is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

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

Customer support

Live chat Phone support Email support

Account Types

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

Funding methods

Bank transfer Credit Card Paypal

Platforms

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB)
NordFX
(4/5)
Min deposit : 1
NordFX was established in 2008 and is used by over 10000+ traders. Losses can exceed deposits NordFX offers Forex.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, 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), License No: 209/13, VFSC registration number 15008
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)

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Losses can exceed deposits
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Losses can exceed deposits