Best Forex Trading Platforms With Low Spreads for 2026

We found 11 online brokers that are appropriate for Trading .

Best Forex Trading Platforms With Low Spreads Guide

Analysis by Andrew Blumer, Updated Last updated – March 29, 2026

Best Forex Trading Platforms with Low Spreads

Best Forex Trading Platforms With Low Spreads Platform Overview

When it comes to Forex trading, low spreads can be a game changer, especially for active traders like scalpers. From my own experience, the biggest difference is not only the headline spread, but how stable it stays during busy sessions and how clean the execution feels when you are entering and exiting quickly. Let’s break down what you need to know to find the best Forex trading platform with low spreads.

Best Low Spread Forex Brokers for Scalpers

Here are some examples of brokers with competitive spreads, plus how I have personally used them in real trading situations:

IC Markets

IC Markets

IC Markets is one of the first brokers I tested specifically for tight spreads and fast fills during the London open. Example spreads you may see on low spread accounts:

On days I was scalping EUR/USD for small 3 to 8 pip moves, the difference between a 0.1 pip spread and a wider spread was noticeable across multiple trades. With fast execution and free VPS for eligible accounts, IC Markets can be a strong fit for scalpers who need speed and consistency.

RoboForex

RoboForex

RoboForex is a broker I used when I wanted to test very tight pricing on ECN style accounts and see how it behaved around news spikes. Example spreads you may see:

I found it useful for short burst trading where a fraction of a pip matters, but I always remind myself that ultra low spreads often come with commissions. It also offers high leverage (up to 1:2000), which traders should use cautiously due to increased risk and the speed at which losses can grow.

eToro

eToro

eToro stands out more for the experience than pure raw spreads. I have used it when I wanted a simpler interface and to follow market themes without building everything from scratch. Example spreads:

While spreads are usually higher than razor style accounts, the social trading features can be valuable if you like learning by watching other traders. For me, it worked best when I was not scalping and instead holding trades longer, where a slightly wider spread mattered less than the overall setup.

XTB

XTB

XTB is a broker I often recommend for traders who want a good balance between costs and learning tools. Example spreads:

When I was improving my strategy, I appreciated having educational content and market analysis built into the platform, because it made it easier to review trades and spot mistakes. If you are not doing ultra high frequency scalping, XTB can feel like a well rounded option.

Pepperstone

Pepperstone

Pepperstone is one of the brokers I tested heavily for scalping during the New York open because execution quality matters when price moves fast. Example spreads you may see:

What stood out for me was the combination of tight spreads and reliable customer support when I needed quick answers. With regulatory oversight from ASIC and the FCA, Pepperstone is widely seen as a trusted broker for scalpers and longer term traders alike.

Why Are Spreads Important?

Spreads are a critical factor in Forex trading because they directly impact your trading costs and profitability. The smaller the spread, the lower your cost to enter and exit a trade. This is particularly important for high frequency traders like scalpers, who place multiple trades daily and rely on tight spreads to maintain profitability. In my own scalping sessions, switching from a wider spread setup to a tighter spread account changed the outcome of the day even when my strategy stayed the same.

Example:

In this example, Trader B saves 75 pips daily, which can translate into significantly higher profitability over time—especially when spreads stay tight during major sessions like European and New York overlaps.

Risks Associated with Low Spreads

While low spreads are attractive, they come with potential risks that I have personally seen across brokers, including IC Markets, RoboForex, Pepperstone, XTB, and eToro depending on the account type and market conditions:

It is essential to choose a broker with consistent and transparent pricing so you avoid unexpected costs and execution surprises.

What Are Low Spreads in Forex?

what are low spreads in forex

For example, if EUR/USD is quoted at 1.1773/1.1775, the spread is 2 pips—based on recent interbank price levels around:

These are approximate market levels traders see during active hours; actual broker quotes may differ slightly depending on liquidity, session, and news flow. Low spreads are attractive because they lower trading costs, especially for high frequency traders. Even small differences in spreads can significantly impact overall profitability, which is why scalpers often gravitate toward brokers like IC Markets, Pepperstone, or RoboForex depending on execution and commissions.

How Are Forex Spreads Calculated?

Understanding spreads starts with knowing about pips (Percentage In Points), something I underestimated early on until I started tracking my real trading costs:

A pip in a currency pairing is the 4th decimal (e.g., 0.0001).

For pairs involving the Japanese Yen (JPY), a pip is the second decimal place (e.g., 0.01).

Using more recent market prices that I see regularly during active sessions, here is a realistic example based on live interbank rates:

On paper, these spreads look small, but when you place multiple trades per day, they add up quickly. Once I started logging every trade, I realized how much spreads quietly affect performance, especially during lower liquidity hours or around major news when spreads can widen without warning.

Trading Costs: Spreads vs. Commissions

Some brokers advertise low or even zero spread accounts, but they usually make money through commissions. I learned this the hard way when comparing raw spread accounts at brokers like IC Markets, RoboForex, and Pepperstone against standard accounts where costs are baked into the spread.

Here is a simplified real world style comparison based on what I have personally experienced:

Calculation:

On paper, Broker A looks cheaper, but only if execution is clean. I have had sessions where slippage and partial fills erased that advantage. Scalpers who trade frequently often benefit from raw spreads with commissions, but for slower swing trades, I personally found that a simple spread only account was easier to manage and less stressful.

Are Low Spreads Really Worth It?

Low spreads absolutely help reduce costs, but they are not the full story. I have traded with brokers offering razor thin spreads that still performed worse during news releases due to slow execution or slippage. In contrast, some brokers with slightly wider spreads delivered smoother fills during fast markets, which actually improved my results.

From experience, the best setup is not always the lowest spread advertised, but the one that stays consistent when volatility hits. This became especially clear to me during major events like US CPI or FOMC announcements, where spreads, execution speed, and order handling mattered far more than the difference between 0.2 and 0.5 pips.

Example:

Even though Broker Y has lower spreads, slower execution could lead to slippage, making Broker X more suitable for scalpers or time sensitive strategies. This is why I test brokers on demo and small live trades before scaling up, including with IC Markets, Pepperstone, RoboForex, XTB, and eToro depending on what I am trying to achieve.

Forex Spreads and Trading Fees

forex spreads and trading fees

When comparing brokers, consider:

Knowing these fees helps traders manage their costs effectively and compare brokers properly.

Forex Trading Platforms with Low Spreads Verdict

Low spreads are essential in Forex trading, but they are not the only factor to consider. In my own trading, the best results came from combining low costs with stable execution and reliable support. Brokers like IC Markets, Pepperstone, and RoboForex often appeal to scalpers because of pricing and execution, while XTB can be strong for education and tools, and eToro can be useful for a more community driven experience. Test platforms with demo accounts and small live trades to ensure they match your style. With the right broker and process, you can trade smarter and manage costs effectively.

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

Reputable Forex Trading Platforms With Low Spreads Checklist

Selecting a reliable and reputable online 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 more confidently.

Selecting the right online 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 in Our Brokerage Comparison Table

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

Top 15 of 2026 compared

Here are the top .

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

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

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

Broker OptionWeb Plus500 Saxo Markets AvaTrade XTB City Index IG XM EasyMarkets Trade.com ThinkMarkets
Rating
Regulation Unregulated, OptionWeb voluntarily renounced its CySEC license in 2019 Financial Conduct Authority (Financial Conduct Authority (FCA)) (FRN 509909), Cyprus Securities and Exchange Commission (CySEC) (Licence No. 250/14), Australian Securities & Investments Commission (ASIC) (AFSL #417727), Financial Markets Authority (FMA in New Zealand) (FSP No. 486026), Financial Sector Conduct Authority (FSCA in South Africa) (Authorised Financial Services Provider #47546), Monetary Authority of Singapore (MAS) (Licence No. CMS100648-1), Licensed to operate a trading platform in Israel (Licensed to operate a trading platform in Israel) (N/A), Seychelles Financial Services Authority (FSA) (Licence No. SD039), Estonian Financial Supervision and Resolution Authority (Estonian Financial Supervision and Resolution Authority) (Licence No. 4.1-1/18), Dubai Financial Services Authority (DFSA) (F005651), Financial Services Agency (Japan) (Licence No. 156), Commodity Futures Trading Regulatory Agency (BAPPEBTI) (Licence No. 587/BAPPEBTI/SI/XII/2004), Bahamas licence (#SIA-F250) Plus500BHS Ltd FCA ref 551422 (Saxo Capital Markets UK Ltd), FSA Denmark reg no. 1149 (Saxo Bank A/S), ASIC AFSL 280372 (Saxo Capital Markets Australia), MAS Co. Reg. No. 200601141M (Saxo Capital Markets Pte Ltd), Japan Kanto Local Finance Bureau No. 239 (Saxo Bank Securities Ltd.), Switzerland UID CHE-106.787.764 (Saxo Bank (Schweiz) AG, FINMA-supervised), DFSA public register shows Saxo Bank (Dubai) Limited ref F001014 (current presence operates as a DFSA-regulated DIFC representative office), Hong Kong SFC CE No. AVD061 (Saxo Capital Markets HK Ltd), UAE Central Bank licence CN-1747174 (Abu Dhabi entity), South Africa FSP 40983 (Saxo Capital Markets South Africa Pty Ltd) 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) Ava Trade Japan K.K. (1574), Abu Dhabi Global Markets (ADGM) / Financial Regulatory Services Authority (FRSA) Ava Trade Middle East Ltd (190018), Central Bank of Ireland (C53877) AVA Trade EU Ltd, Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd (branch authorisation), British Virgin Islands Financial Services Commission (BVI) Ava Trade Markets Ltd (SIBA/L/13/1049), Israel Securities Authority (ISA) ATrade Ltd (514666577), Financial Superintendence of Colombia (SFC 0261 of 2024), Investment Industry Regulatory Organization of Canada through Friedberg Direct (IIROC) FCA (Financial Conduct Authority reference 522157) XTB Limited, CySEC (Cyprus Securities and Exchange Commission reference 169/12), DFSA (Dubai Financial Services Authority XTB MENA Limited licensed 8 July 2021), FSA (Financial Services Authority Seychelles license number SD148), FSCA (Financial Sector Conduct Authority XTB Africa (Pty) Ltd licensed 10 August 2021), KNF (Komisja Nadzoru Finansowego Polish Financial Supervision Authority) FCA (Financial Conduct Authority) (446717), ASIC (Australian Securities and Investments Commission) (345646) City Index Australia Pty Ltd, MAS (Monetary Authority of Singapore) (200400922K) FCA (Financial Conduct Authority) (195355) IG Markets Limited, BaFin (German Federal Financial Supervisory Authority), FINMA (Swiss Financial Market Supervisory Authority), DFSA (Dubai Financial Services Authority), FSCA (Financial Sector Conduct Authority, South Africa), MAS (Monetary Authority of Singapore), JFSA (Japanese Financial Services Agency), ASIC (Australian Securities and Investments Commission), FMA (Financial Markets Authority, New Zealand), CFTC (Commodity Futures Trading Commission), BMA (Bermuda Monetary Authority) Financial Sector Conduct Authority (FSCA) (49976) XM ZA (Pty) Ltd, Financial Services Commission (FSC) (000261/27) XM Global Limited, 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 Easy Forex Trading Ltd is regulated by CySEC (License 079/07). This is the only entity that onboards EU clients. easyMarkets Pty Ltd is regulated by ASIC (AFS License 246566), EF Worldwide Ltd (Seychelles) is regulated by FSA (License SD056), EF Worldwide Ltd (British Virgin Islands) is regulated by FSC (License SIBA/L/20/1135), EF Worldwide (PTY) Ltd is regulated by FSCA (License 54018) FSC (Financial Services Commission of Mauritius) (C119023948), CySEC (Cyprus Securities and Exchange Commission) (227/14), FCA (Financial Conduct Authority) (738538), FSCA (Financial Sector Conduct Authority) (47857) Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), TF Global Markets Int Limited (Seychelles) (8424818-1), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TFG (Payments) Limited (United Kingdom) (10537331), Think Capital Services UK Ltd (United Kingdom) (11054653), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272), TF Global Markets (AUST) Pty Ltd is the holder of Australian Financial Services Licence number 424700, TF Global Markets (South Africa) (Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835), TF Global Markets Int Limited is authorised and regulated by the Financial Services Authority (Seychelles) Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySEC), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272)
Min Deposit 200 100 2000 100 No minimum deposit 100 No minimum deposit 5 25 100 250
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 10,000+ 180,000+ 1,200,000+ 400,000+ 2,000,000+ 1,000,000+ 313,000+ 15,000,000+ 250,000+ 1,000,000+ 450,000+
Benefits
  • Low min deposit
  • Offers Negative Balance Protection
  • Low min deposit
  • Guaranteed stop loss
  • Advanced Risk Management Tools
  • Allows scalping
  • Offers STP
  • Guaranteed stop loss
  • 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 hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • 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
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Islamic account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Managed account
  • Demo account
  • Mini account
  • Standard account
  • Demo account
  • Micro account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
Platforms Web, Apple App iOS, Android Google Play Web Trader, Mobile Apps, Apple App iOS, Available on iPhone, Android Google Play SaxoInvestor, Apple App iOS, Android Google Play, SaxoTraderGO, SaxoTraderPRO, Connectivity & APIs, Web Trader MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) MT4, Mobile Apps, Apple App iOS, Android Google Play, Web Trader, TradingView MT4, ProRealTime, L2 Dealer, Mobile Trading APIs, Web Platform, Mobile Trading, Apple App iOS, 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 easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 WebTrader, MT4, MT5, Apple App iOS, Android Google Play ThinkTrader, WebTrader, TradingView, TradingView, Mobile Apps, iOS (App Store), Android (Google Play)
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
optionweb
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plus500
Sign Up with
saxocapitalmarkets
Sign Up with
avatrade
Sign Up with
xtb
Sign Up with
cityindex
Sign Up with
ig
Sign Up with
xm
Sign Up with
easymarkets
Sign Up with
tradecom
Sign Up with
thinkmarkets
Risk Warning Losses can exceed deposits 80% 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 57% of retail investor accounts lose money when trading CFDs with this provider 70% - 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. 70% of retail investor accounts lose money when trading CFDs with this provider Spread bets and 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 spread bets and CFDs with this provider. You should consider whether you understand how spread bets and 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. 74.48% 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. 76% of retail investor accounts lose money when trading CFDs with this provider. Your capital is at risk CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% 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
Demo OptionWeb
Demo
Plus500
Demo
Saxo Capital Markets
Demo
AvaTrade
Demo
XTB
Demo
City Index
Demo
IG
Demo
XM
Demo
easyMarkets
Demo
Trade.com
Demo
ThinkMarkets
Demo
Excluded Countries AP, US, African continent MY, BE, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, LR, SD, LB, CM, MN, MH, LY, SG, NI, BY, TM, TJ, VE, HT, AM, ET US BE, BR, KP, NZ, TR, US, CA, SG US, IN, PK, BD, NG , ID, BE, AU US, CF, TD, CG, CG, CI, CU, GN, ER, GN, FR, GW, HT, IR, IQ, KR, LB, LR, LY, MM, NZ, NG, SL, SO, SD, SY, TM, UZ, VE, EH, YE, ZW US, BE, FR, IN, IL, PL, ZW US, CA, IL, IR 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 AU, BE, CA, CN, Crimea region, CY, CU, of CG, ER, HK, GW, IQ, IR, JP, IL, LY, NZ, CY, KR, PR, SG, SO, SD, SYn Arab, TR, US, VI, US RU, AF, Yugoslavia, AO, GM, NG, AW, GH, KR, BY, GN, BO, GN, PK, BW, HT, PG, IR, PN Island, Burma MM, IQ, RW, KH, , SN, CF, JP, Sierra, Leone, TD, KG, SO, CI , LB, SZ, CU, LS, SY, of CG, LR, TJ, DJ, LY, Tanzania, EC, Laos, TG, ER, ML, TM, ET, MN, UG, Falkland Islands, NA, US of America, FJ, NI, YE, ZW


All in more detail

You can compare 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 for 2026 article further below. You can see it now by clicking here

We have listed top below.

Best Forex Trading Platforms With Low Spreads List

OptionWeb
(2/5)
Min deposit : 200
OptionWeb was established in 2012 and is used by over 10000+ traders. Losses can exceed deposits OptionWeb offers Binary Options.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web, Apple App iOS, Android Google Play

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Unregulated, OptionWeb voluntarily renounced its CySEC license in 2019
Plus500
(4/5)
Min deposit : 100
Plus500 was established in 2008 and is used by over 180000+ traders. 80% 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 on Shares, Indices, Forex, Commodities, ETFs. Options via Plus500CFD, Real shares available with Plus500Invest. Futures via the Plus500Futures platform. (Availability subject to region).


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, Mobile Apps, Apple App iOS, Available on iPhone, Android Google Play

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 (Financial Conduct Authority (FCA)) (FRN 509909), Cyprus Securities and Exchange Commission (CySEC) (Licence No. 250/14), Australian Securities & Investments Commission (ASIC) (AFSL #417727), Financial Markets Authority (FMA in New Zealand) (FSP No. 486026), Financial Sector Conduct Authority (FSCA in South Africa) (Authorised Financial Services Provider #47546), Monetary Authority of Singapore (MAS) (Licence No. CMS100648-1), Licensed to operate a trading platform in Israel (Licensed to operate a trading platform in Israel) (N/A), Seychelles Financial Services Authority (FSA) (Licence No. SD039), Estonian Financial Supervision and Resolution Authority (Estonian Financial Supervision and Resolution Authority) (Licence No. 4.1-1/18), Dubai Financial Services Authority (DFSA) (F005651), Financial Services Agency (Japan) (Licence No. 156), Commodity Futures Trading Regulatory Agency (BAPPEBTI) (Licence No. 587/BAPPEBTI/SI/XII/2004), Bahamas licence (#SIA-F250) Plus500BHS Ltd
Saxo Markets
(3/5)
Min deposit : 2000
Saxo Capital Markets was established in 2012 and is used by over 1200000+ traders. Losses can exceed deposits Saxo Capital Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

SaxoInvestor, Apple App iOS, Android Google Play, SaxoTraderGO, SaxoTraderPRO, Connectivity & APIs, Web Trader

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA ref 551422 (Saxo Capital Markets UK Ltd), FSA Denmark reg no. 1149 (Saxo Bank A/S), ASIC AFSL 280372 (Saxo Capital Markets Australia), MAS Co. Reg. No. 200601141M (Saxo Capital Markets Pte Ltd), Japan Kanto Local Finance Bureau No. 239 (Saxo Bank Securities Ltd.), Switzerland UID CHE-106.787.764 (Saxo Bank (Schweiz) AG, FINMA-supervised), DFSA public register shows Saxo Bank (Dubai) Limited ref F001014 (current presence operates as a DFSA-regulated DIFC representative office), Hong Kong SFC CE No. AVD061 (Saxo Capital Markets HK Ltd), UAE Central Bank licence CN-1747174 (Abu Dhabi entity), South Africa FSP 40983 (Saxo Capital Markets South Africa Pty Ltd)
AvaTrade
(4/5)
Min deposit : 100
AvaTrade was established in 2006 and is used by over 400000+ traders. 57% 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

MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play)

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) 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) Ava Trade Japan K.K. (1574), Abu Dhabi Global Markets (ADGM) / Financial Regulatory Services Authority (FRSA) Ava Trade Middle East Ltd (190018), Central Bank of Ireland (C53877) AVA Trade EU Ltd, Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd (branch authorisation), British Virgin Islands Financial Services Commission (BVI) Ava Trade Markets Ltd (SIBA/L/13/1049), Israel Securities Authority (ISA) ATrade Ltd (514666577), Financial Superintendence of Colombia (SFC 0261 of 2024), Investment Industry Regulatory Organization of Canada through Friedberg Direct (IIROC)
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 2000000+ traders. 70% - 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. 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, iOS (App Store), Android (Google Play)

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) XTB Limited, CySEC (Cyprus Securities and Exchange Commission reference 169/12), DFSA (Dubai Financial Services Authority XTB MENA Limited licensed 8 July 2021), FSA (Financial Services Authority Seychelles license number SD148), FSCA (Financial Sector Conduct Authority XTB Africa (Pty) Ltd licensed 10 August 2021), KNF (Komisja Nadzoru Finansowego Polish Financial Supervision Authority)
City Index
(3/5)
Min deposit : 100
City Index was established in 1983 and is used by over 1000000+ traders. 70% of retail investor accounts lose money when trading CFDs with this provider City Index offers Forex, CFDs, Spread Betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mobile Apps, Apple App iOS, Android Google Play, Web Trader, TradingView

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) (446717), ASIC (Australian Securities and Investments Commission) (345646) City Index Australia Pty Ltd, MAS (Monetary Authority of Singapore) (200400922K)
IG
(2/5)
Min deposit : 0
IG was established in 1974 and is used by over 313000+ traders. Spread bets and 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 spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. IG offers Forex, CFDs, Spread Betting, Share dealing.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, ProRealTime, L2 Dealer, Mobile Trading APIs, Web Platform, Mobile Trading, Apple App iOS, Android Google Play

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) (195355) IG Markets Limited, BaFin (German Federal Financial Supervisory Authority), FINMA (Swiss Financial Market Supervisory Authority), DFSA (Dubai Financial Services Authority), FSCA (Financial Sector Conduct Authority, South Africa), MAS (Monetary Authority of Singapore), JFSA (Japanese Financial Services Agency), ASIC (Australian Securities and Investments Commission), FMA (Financial Markets Authority, New Zealand), CFTC (Commodity Futures Trading Commission), BMA (Bermuda Monetary Authority)
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 15000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.48% 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

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

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 Sector Conduct Authority (FSCA) (49976) XM ZA (Pty) Ltd, Financial Services Commission (FSC) (000261/27) XM Global Limited, 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
EasyMarkets
(4/5)
Min deposit : 25
easyMarkets was established in 2001 and is used by over 250000+ traders. 76% of retail investor accounts lose money when trading CFDs with this provider. easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto. Cryptocurrency availability with easyMarkets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Easy Forex Trading Ltd is regulated by CySEC (License 079/07). This is the only entity that onboards EU clients. easyMarkets Pty Ltd is regulated by ASIC (AFS License 246566), EF Worldwide Ltd (Seychelles) is regulated by FSA (License SD056), EF Worldwide Ltd (British Virgin Islands) is regulated by FSC (License SIBA/L/20/1135), EF Worldwide (PTY) Ltd is regulated by FSCA (License 54018)
Trade.com
(3/5)
Min deposit : 100
Trade.com was established in 2009 and is used by over 1000000+ traders. Your capital is at risk Trade.com offers Forex.

Funding methods

Bank transfer Credit Card Paypal

Platforms

WebTrader, MT4, MT5, Apple App iOS, Android Google Play

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FSC (Financial Services Commission of Mauritius) (C119023948), CySEC (Cyprus Securities and Exchange Commission) (227/14), FCA (Financial Conduct Authority) (738538), FSCA (Financial Sector Conduct Authority) (47857)
ThinkMarkets
(3/5)
Min deposit : 250
ThinkMarkets was established in 2010 and is used by over 450000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% 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 ThinkMarkets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

ThinkTrader, WebTrader, TradingView, TradingView, Mobile Apps, iOS (App Store), Android (Google Play)

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), Financial Sector Conduct Authority (FSCA), TF Global Markets Int Limited (Seychelles) (8424818-1), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TFG (Payments) Limited (United Kingdom) (10537331), Think Capital Services UK Ltd (United Kingdom) (11054653), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272), TF Global Markets (AUST) Pty Ltd is the holder of Australian Financial Services Licence number 424700, TF Global Markets (South Africa) (Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835), TF Global Markets Int Limited is authorised and regulated by the Financial Services Authority (Seychelles) Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySEC), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272)

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Losses can exceed deposits