Top Futures Brokers for 2024
We found 11 online brokers that are appropriate for Trading Futures.
Best Futures Brokers Guide
Analysis by Andrew Blumer, Updated and fact checked by Senad Karaahmetovic, Last updated - July 25, 2024
Best Futures Brokers
A futures broker offers the platform, tools, research and financial instruments for buying and selling of futures contracts for futures traders. These brokers provide access to futures markets, offer trading platforms, and often provide additional services such as research, market analysis, and risk management tools. The best futures brokers tend to offer a high level of flexibility.
Flexibility means having a wide range of choices in the buy and sell sides of the market. If one company decides to change the terms of a contract, other futures brokers will adjust their strategies accordingly.
Top Futures Brokers
IC Markets
IC Markets stands out for its exceptional precision and speed in futures trading. Offering advanced trading platforms such as MT4, MT5, cTrader, and TradingView, IC Markets ensures minimal latency and rapid execution with an average of 40ms. The broker's tight spreads and efficient infrastructure make it a top choice for futures traders who need reliable and fast order execution. Features like free low-latency VPS and advanced trading automation options make IC Markets particularly well-suited for both novice and experienced traders.
IC Markets provides access to a wide range of assets, including Forex, commodities, indices, and cryptocurrencies, making it ideal for scalpers and day traders. Regulated by ASIC (Australia) and CySEC (Cyprus), IC Markets ensures a strong regulatory environment.
RoboForex
RoboForex is an excellent choice for futures traders looking for flexibility and competitive trading conditions. The platform offers high leverage and ultra-tight spreads, crucial for maximizing returns in futures trading. RoboForex's compatibility with MT4 and MT5 ensures seamless trading experiences across devices, while features like EA scripting and high leverage options cater to more advanced trading strategies. The broker's intuitive design and fast execution capabilities make it ideal for taking advantage of rapid market movements in futures trading.
eToro
eToro is a unique platform that excels in futures trading through its combination of social trading and traditional brokerage services. Traders can follow and copy the trades of successful futures investors via CopyTrading, which is particularly beneficial for those new to futures trading. With over 30 million users, eToro provides a user-friendly interface and community-driven trading insights. Regulated by CySEC and the FCA (UK), eToro ensures a high level of safety and reliability for futures traders in Europe.
XTB
XTB is a top-notch broker for futures traders who value comprehensive market analysis and educational resources. XTB offers a wide range of research tools and educational materials that cater to both beginner and advanced traders. The broker's stringent regulations by the FCA and CySEC provide a secure and compliant trading environment. This makes XTB an excellent choice for traders looking to deepen their understanding of futures markets while trading with confidence.
XTB is ideal for traders seeking thorough market analysis and research tools, crucial for successful futures trading. Their extensive education section is suitable for traders at all levels, and their regulation by the FCA and CySEC ensures a safe trading environment.
XM
XM is an excellent broker for futures traders looking for a well-rounded platform with strong customer support. XM offers various account types and a broad range of trading instruments, making it suitable for different trading strategies. With regulation by ASIC, CySEC, and the IFSC, XM provides a high degree of regulatory oversight, ensuring a secure environment for futures trading.
Pepperstone
Pepperstone is known for its commitment to customer satisfaction and diverse trading offerings, making it a solid choice for futures trading. The broker's extensive suite of trading options and tools ensures that all trading needs are met with precision. Regulated by the FCA and ASIC, Pepperstone upholds high standards of integrity and reliability, essential for futures traders who demand a trustworthy trading partner.
With a wide range of trading options and strong regulatory oversight, Pepperstone is an excellent choice for futures traders. Its commitment to customer satisfaction and robust trading tools make it a top contender in the futures trading space.
AvaTrade
AvaTrade stands out for its versatility and comprehensive trading options, making it a preferred choice for futures traders. The broker offers a range of funding and withdrawal options, along with a user-friendly mobile app, AvaTradeGo, and a social trading platform, AvaSocial. AvaTrade provides a diverse selection of instruments and a commission-free structure, making it cost-efficient for futures traders. This combination of flexibility, community, and cost-efficiency makes AvaTrade a strong contender for those trading futures.
FP Markets
FP Markets is where cutting-edge technology meets futures trading. Offering the enhanced features of MetaTrader 4 and 5, FP Markets optimizes these platforms for superior trading efficiency. With competitive spreads and a variety of trading options, FP Markets allows traders to tailor their futures trading strategies precisely. For those who demand advanced technology and cost efficiency in their trading tools, FP Markets provides a robust futures trading platform.
What Is Futures Trading?
Futures trading involves the buying and selling of futures contracts, which are standardized legal agreements to purchase or sell an asset at a specified future date and price. These contracts can cover a range of assets, including commodities like foodstuffs and raw materials, or financial instruments like currencies and energy products. Futures contracts remain open until their expiration date, at which point they are typically settled in cash or by delivering the underlying asset.
What Is a Futures Contract?
A futures contract is an agreement to purchase or sell a product or asset at a predetermined price at a predetermined time in the future. The seller of a futures contract legally takes on the duty to offer the underlying asset at the originally agreed price at a future date.
What is Margin In Futures Trading?
Margin is the money you need to deposit with your broker to start trading futures. Think of it like a security deposit or down payment. This deposit ensures you have enough funds to cover any potential losses. If the market moves against your trade, you might need to add more money to keep your position open; this is known as a 'margin call.' Margin is important because it helps manage risk for both you and your broker.
What is Leverage In Futures Trading?
Leverage lets you control a large trade with a small amount of money. It's like using borrowed money to increase your buying power. For example, with 10:1 leverage, you can control $10,000 worth of contracts with just $1,000. While leverage can amplify your profits, it can also lead to significant losses. This means you can gain a lot or lose a lot with a small initial investment, so it's important to manage your risk carefully when using leverage.
What is Contract Expiration?
Futures Contract expiration is the date when a futures contract ends. On this date, the contract must be settled, either by delivering the asset being traded or by settling in cash. As a trader, you need to close or extend your position before this date to avoid having to deliver the asset or settle in cash. Each futures contract expires at a specific time, like monthly or quarterly, so knowing these dates is important for successful trading.
What To Look For When Choosing A Futures Broker
When trading futures, choosing the right broker is crucial. Here are some key factors to consider:
Regulation and Reputation
- Regulatory Compliance: Ensure the broker is licensed and regulated by reputable authorities such as the Commodity Futures Trading Commission (CFTC) in the US or the Financial Conduct Authority (FCA) in the UK.
- Reputation: Research the broker’s reputation through reviews, industry reports, and trader feedback.
Trading Platform
- Usability: The platform should be user-friendly and intuitive.
- Features: Look for advanced charting tools, technical indicators, real-time data, and order execution capabilities.
- Reliability: Ensure the platform is stable and has minimal downtime.
Costs and Fees
- Commission Rates: Compare commission rates for trading futures contracts.
- Additional Fees: Be aware of other potential costs, such as account maintenance fees, data fees, and withdrawal fees.
- Margin Requirements: Understand the margin requirements for different contracts.
Customer Service
- Availability: Check the availability of customer support (24/7 support is ideal).
- Channels: Ensure support is available through multiple channels (phone, email, live chat).
- Quality: Test the responsiveness and quality of the customer service.
Range of Markets
- Product Offering: Ensure the broker offers a wide range of futures contracts, including commodities, indices, currencies, and interest rates.
- Global Markets: Consider whether the broker provides access to global futures markets.
Research and Education
- Market Research: Look for brokers that provide comprehensive market analysis, reports, and insights.
- Educational Resources: Access materials such as webinars, tutorials, and articles for free.
Execution Speed
- Latency: Check the broker’s execution speed, as delays can impact trading outcomes, especially in fast-moving markets.
- Order Types: Ensure the broker supports various order types (e.g., market, limit, stop-loss).
Account Types
- Variety: Consider the different types of accounts offered (individual, joint, corporate).
- Minimum Deposit: Check the minimum deposit requirements for opening an account.
Technology and Tools
- Trading Tools: Look for additional trading tools such as automated trading capabilities, APIs, and mobile trading apps.
- Risk Management: Ensure the platform offers robust risk management tools like stop-loss orders and margin monitoring.
Security
- Fund Protection: Ensure the broker segregates client funds from its operational funds.
- Data Security: Check for robust security measures to protect your personal and financial data.
Demo Account
- Practice: A demo account allows you to practice trading without risking real money and helps you get comfortable with the broker’s platform.
The Benefits Of Futures
Futures trading comes with numerous benefits:
Easy Access
Remote market access allows traders to participate from anywhere, with significantly reduced investment requirements. All you need is a secure internet connection, a device, and some risk capital.
Opportunities
Modern futures markets offer an extensive selection of products suited for almost any trader or strategy, with markets open 24 hours, 5 days a week. This provides numerous opportunities regardless of your time zone.
Steady Liquidity
Present-day futures markets offer consistent liquidity, enhancing efficiency through tight bid-ask spreads and minimal slippage. This makes entering and exiting markets easier and smoother.
Minimum Account Requirements
Futures traders are not subject to the minimum account size requirements that apply to pattern day traders in other markets. They can trade as much as they want, provided they meet the minimum requirements for their trading positions.
Drawbacks Of Futures Contracts
Some disadvantages of trading futures contracts include:
Contract Conditions
Understanding the components of a futures contract—its underlying value, quality, quantity, and expiration date—is crucial before trading.
Contract Value Decay
As a futures contract approaches its expiration date, it starts to lose value, making the underlying assets less attractive.
Dedication
The futures market's 24-hour operation requires a lot of dedication. Traders who cannot commit the necessary time may risk losing money or missing opportunities.
Leverage
While leverage can amplify profits, it can also magnify losses. Futures contracts typically require lower maintenance margins than stocks, which can worsen losses for traders used to higher margin requirements.
Future Uncertainty
Unpredictable events like harsh weather, political conditions, and natural disasters can disrupt the evaluated supply-and-demand balance, impacting futures contracts.
Futures Contracts: Things To Know
Futures brokers may not have complete knowledge about futures trading as the market is highly complex. Ensure your broker is reliable and offers trading on the best trading software, tools, and platforms. With the increasing growth of cryptocurrency, futures contracts have gained popularity, attracting many investors. Educate yourself as much as possible if you decide to include futures contracts in your investing strategy.
Why Do People Trade Futures?
Futures contracts allow traders to manage financial risk. For example, a farmer can secure a predictable price for his crop with a futures contract, protecting against price drops. Similarly, the buyer gains protection against unexpected price increases, helping to manage business costs.
Types Of Futures Contracts
Futures contracts are typically divided into two main types: commodity-based and financial-based. Commodity-based contracts include assets like corn, oats, rough rice, wheat, milk, cocoa, coffee, and sugar, usually traded for physical delivery. Financial-based contracts cover assets like equities, bonds, and indices, generally ending in cash settlement.
Where Do People Trade Futures Contracts?
Futures contracts are standardized for quality and quantity to facilitate trading on futures exchanges like the CME Group, National Stock Exchange of India, B3, Intercontinental Exchange, CBOE Holdings, Eurex, Nasdaq Exchange, Moscow Exchange, Korea Exchange, Shanghai Futures Exchange, and BSE. Below are the most popular futures exchanges by market cap worldwide by the number of contracts trading in millions (data updated in 2024).
The most comprehensive data on futures exchange trading volume comes from the Futures Industry Association (FIA). They publish monthly and annual reports with breakdowns by exchange and contract type.
Based on estimated figures from 2024 FIA data and projected growth, the CME Group in Chicago remains the world's leading exchange for futures trading by volume, followed by the National Stock Exchange of India (NSE) and B3 Brasil Bolsa BALCAO. These exchanges handle a significant portion of global futures contracts across various asset classes, including commodities, indices, and financial instruments.
| Futures Exchange name | Number of Traded Contracts (millions) |
|---|---|
| CME Group | 4884.9 |
| National Stock Exchange of India | 3790.1 |
| B3 Brasil Bolsa BALCAO | 2574.1 |
| Intercontinental Exchange | 2474.2 |
| CBOE Holdings | 2050.9 |
| Eurex | 1951.8 |
| Nasdaq | 1894.7 |
| Moscow Exchange | 1500.4 |
| Korea Exchange | 1408.3 |
| Shanghai Futures Exchange | 1201.9 |
| Bombay Stock Exchange BSE | 1032.7 |
| Dalian Commodity Exchange | 981.9 |
| Zhengzhou Commodity Exchange | 818 |
| Hong Kong Exchanges and Clearing | 681 |
| Miami International Holdings | 421.3 |
| Japan Exchange | 388.3 |
| Taiwan Futures Exchange | 308.1 |
| Australian Securities Exchange ASX | 248 |
| Borsa Istanbul | 236.4 |
| Multi Commodity Exchange of India MCX | 230.3 |
The popularity of specific exchanges can vary depending on the region. For instance, the Eurex Exchange in Europe is a major player for European-focused contracts.
While the data above provides a general overview, the volume for individual futures contracts can differ greatly. Some contracts, like agricultural futures on the CME Group, might see significantly higher volumes than others.
The landscape of futures exchanges is constantly evolving. New exchanges are emerging, and existing ones are expanding their offerings.
Remember this data is an estimate based on past trends and does not guarantee future results.
Futures trading involves significant financial risk and is not suitable for all investors. Ensure you understand the risks involved and seek independent advice if necessary.
Futures Brokers Verdict
Ultimately, to sum things up; when choosing a futures broker, one of the most important steps is to consider your priorities, as that varies from trader to trader. Another important step is to look at the broker’s commission and margin fees. Do not settle for a broker because they seem the most affordable, and at the same time, avoid overpaying. Lastly, bear in mind that a broker’s offered customer service can determine how responsible they are with their clients. Therefore, it helps to get in touch with them before fully committing.
We have conducted extensive research and analysis on over multiple data points on Futures Brokers to present you with a comprehensive guide that can help you find the most suitable Futures Brokers. Below we shortlist what we think are the best futures brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Futures Brokers.
Reputable Futures Brokers Checklist
Selecting a reliable and reputable online Futures 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 Futures more confidently.
Selecting the right online Futures trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
- Ensure your chosen Futures broker has a solid track record of at least two years in the industry.
- Verify that the Futures broker has a customer support team of at least 15 members responsive to queries and concerns.
- Check if the Futures broker operates under the regulatory framework of a jurisdiction that can hold it accountable for any misconduct or resolve disputes fairly and impartially.
- Ensure that the Futures broker can process deposits and withdrawals within two to three days, which is crucial when you need to access your funds quickly.
- Look for Futures brokers with an international presence in multiple countries, offering its clients local seminars and training programs.
- Ensure the Futures broker can hire staff from diverse locations worldwide who can communicate fluently in your local language.
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 Futures Brokers in Our Brokerage Comparison Table
When choosing a broker for futures trading, it's essential to compare the different options available to you. Our futures brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
- Minimum deposit requirement for opening an account with each futures broker.
- The funding methods available for futures with each broker.
- The types of instruments you can trade with each futures broker, such as forex, stocks, commodities, and indices.
- The trading platforms each futures broker provides, including their features, ease of use, and compatibility with your devices.
- The spread type (if applicable) for each futures broker affects the cost of trading.
- The level of customer support each futures broker offers, including their availability, responsiveness, and quality of service.
- Whether each futures broker offers Micro, Standard, VIP, or Islamic accounts to suit your trading style and preferences.
By comparing these essential features, you can choose a futures broker that best suits your needs and preferences for futures. Our futures broker comparison table simplifies the process, allowing you to make a more informed decision.
Top 15 Futures Brokers of 2024 compared
Here are the top Futures Brokers.
Compare futures brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a futures broker, it's crucial to compare several factors to choose the right one for your futures needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are futures brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more futures brokers that accept futures clients.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XTB
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
EasyMarkets
|
SpreadEx
|
FXPro
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Rating | |||||||||||
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) |
| Min Deposit | 200 | 10 | 100 | No minimum deposit | 5 | 200 | 100 | 100 | 100 | 1 | 100 |
| Funding |
|
|
|
|
|
|
|
|
|
|
|
| Used By | 180,000+ | 1,000,000+ | 35,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 142,500+ | 10,000+ | 1,866,000+ |
| Benefits |
|
|
|
|
|
|
|
|
|
|
|
| Accounts |
|
|
|
|
|
|
|
|
|
|
|
| Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, cTrader, TradingView, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps |
| Support |
|
|
|
|
|
|
|
|
|
|
|
| Learn More |
Sign
Up with icmarkets |
Sign
Up with roboforex |
Sign
Up with etoro |
Sign
Up with xtb |
Sign
Up with xm |
Sign
Up with pepperstone |
Sign
Up with avatrade |
Sign
Up with fpmarkets |
Sign
Up with easymarkets |
Sign
Up with spreadex |
Sign
Up with fxpro |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. | 76-83% 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. 71.61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
| Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
| Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR |
All Futures brokers in more detail
You can compare Futures 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 Futures Brokers for 2024 article further below. You can see it now by clicking here
We have listed top Futures brokers below.
Futures Brokers Table of Contents
- Futures Brokers Explained
- 6 Factors to Consider when Choosing Futures Brokers
- Are Your Futures Brokers Trusted And Established?
- Are The Futures Brokers World Leading?
- What are the Futures Brokers Commissions and Fees?
- What are the Futures Brokers Funding and Withdrawl Methods?
- Find Futures Brokers with Round-the-clock support?
- Make sure the Futures Brokers Offer Comprehensive Trader resources?
- Why Futures Brokers needs to be regulated?
- Futures Brokers FAQ
- What are the best Futures brokers?
- What is the best Futu broker?
- Related Futures Brokers Reviews
- Related Futures Brokers Alternatives
- Related Futures Brokers Comparisons
Futures Brokers Explained
Trading volatile financial markets with Futures Brokers can be challenging, even for experienced traders. In addition to the online educational resources available, traders should consider the platform offered by Futures Brokers to ensure a successful trading experience.
Selecting Futures Brokers at the forefront of innovation and considered an industry leader is crucial. Doing so will ensure you are equipped with the tools and features to navigate volatile Futures markets effectively.
Reliability is key to gaining access to financial markets. Look for Futures Brokers that you can rely on to provide a stable and secure trading environment, allowing you to execute trades with Futures Brokers confidently.
6 Factors to Consider when Choosing Futures Brokers
Follow these five rules for selecting Futures Brokers that are right for you:
Are Your Futures Brokers Trusted And Established?
Search for a reputable Futures Brokers with a extensive proven track record for Futures, enabling you to focus solely on implementing your trading strategy and navigating the markets with confidence. The top rated Futures broker is IC Markets. Established in 2007, and in operation for 12 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Another top rated broker is Roboforex.
Roboforex was established 2009, and in operation for 9 years Roboforex have a head office in Belize.
Roboforex is regulated. This means Roboforex are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XTB
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
|---|---|---|---|---|---|---|---|---|
| Year Established | 2007 | 2009 | 2007 | 2002 | 2009 | 2010 | 2006 | 2005 |
| Head Office | Australia | Belize | Cyprus, UK | Poland | Cyprus | Australia | Ireland | Australia |
| 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) |
| Used By | 180,000+ | 1,000,000+ | 35,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ |
| Negative balance protection | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No | No | No | No | No |
| Learn More | Visit IC Markets | Visit Roboforex | Visit eToro | Visit XTB | Visit XM | Visit Pepperstone | Visit AvaTrade | Visit FP Markets |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. | 76-83% 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. 71.61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits |
Are The Futures Brokers World Leading?
Opt for Futures Brokers that set themselves apart as an industry leader by actively embracing innovation. Take IC Markets as an example, which is renowned for Segregates clients funds and boasts an extensive array of 2250 tradable instruments. Moreover, IC Markets caters to the needs of its clients with both an online trading platform and a mobile application, making it incredibly convenient to access the markets from anywhere, at any time.
In addition, the IC Markets platform enables access to a variety of financial markets worldwide. IC Markets is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Futures Brokers is Roboforex. Roboforex Segregates clients funds and offers over 100 instruments.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XTB
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
|---|---|---|---|---|---|---|---|---|
| Instruments Available | 2250 | 100 | 5000 | 5600 | 1000 | 1200 | 1250 | 290 |
| Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, cTrader, TradingView, IRESS, Mac, Web Trader, Tablet & Mobile apps |
| 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, 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, MG, MK, MO, UA, JO, KR, | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ |
| Forex pairs offered | 61 | 35 | 50 | 57 | 55 | 70 | 55 | 70 |
| Forex pairs offered | 61 | 35 | 50 | 57 | 55 | 70 | 55 | 70 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | No | Yes | No | No | Yes | Yes | Yes |
| Commodities Offered | 20 | 21 | 31 | 21 | 15 | 16 | 17 | 18 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | No | Yes | Yes | Yes | Yes | Yes | Yes |
| Agricultural | Yes | No | Yes | Yes | No | Yes | Yes | Yes |
| Stocks Offered | 2100 | 0 | 2042 | 1696 | 160 | 1100 | 1000 | 10000 |
| UK Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
What are the Futures Brokers Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Futures broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated Futures broker Roboforex offers Forex, CFDs. Roboforex minimum deposit is 10. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XTB
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
|---|---|---|---|---|---|---|---|---|
| Min Deposit | 200 | 10 | 100 | 0 | 5 | 200 | 100 | 100 |
| Withdrawl Fees | No | Yes | Yes | varies | No | No | No | No |
| Inactivity Fees | No | No | Yes | Yes | Yes | No | No | No |
| Deposit Fees | Varies | No | No | No | No | No | No | Yes |
| CFD Commission Fees | Yes | No | Yes | Yes | No | Yes | No | Yes |
What are the Futures Brokers Funding and Withdrawal Methods?
Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with Futures Brokers. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with Futures Brokers.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XTB
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
|---|---|---|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | No | Yes | Yes | No | Yes | Yes | Yes |
| Skrill | Yes | No | Yes | Yes | No | Yes | No | Yes |
| Payoneer | No | Yes | No | Yes | No | Yes | Yes | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Find Futures Brokers with Round-the-clock support?
Effective customer service is an essential factor to consider when dealing with Futures Brokers.
Futures Brokers customer service entails various support services to aid customers in making the most cost-effective and appropriate use of the brokers' services.
The customer support options offered by Futures Brokers can include phone answering services, live chat support, and email customer service support.
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Roboforex support a wide range of languages including English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian
IC Markets and Roboforex offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XTB
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
|---|---|---|---|---|---|---|---|---|
| Support |
|
|
|
|
|
|
|
|
| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish | English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic | Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish | English, Arabic, Indonesian, Italian, Spanish, French, Russian, Chinese, Japanese, German, Portuguese, Thai, French, Malay, Greek, Vietnamese, Romanian, Turkish, Slovenian, Dutch, Polish, Finnish, Norwegian, Swedish, Serbian, Lithuanian, Hungarian, Galician, Estonian, Danish, Czech, Croatian, Bulgarian, Basque |
| Learn More | Visit IC Markets | Visit Roboforex | Visit eToro | Visit XTB | Visit XM | Visit Pepperstone | Visit AvaTrade | Visit FP Markets |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. | 76-83% 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. 71.61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits |
Make sure the Futures Brokers Offer Comprehensive Trader resources?
It's important to ensure your Futures Brokers provide complimentary resources such as analysis, education, and risk management tools. IC Markets and Roboforex collaborate with top analysts to bring the most up-to-date news and insights to traders.
Sound risk and money management are vital to financial market navigation with Futures Brokers. However, selecting the best broker to access the markets is a critical step that traders should not overlook as they embark on trading live financial markets with Futures Brokers.
Why Futures Brokers needs to be regulated?
Regulated Futures Brokers lowers your risk of loss of deposited trading funds.
Lowering your risk is one of the benefits of working with a properly regulated Futures Brokers.
Consumers are protected by Futures Brokers regulation, critical to preventing inadequate services and potential financial harm.
Regulation of Futures Brokers is necessary to prevent fraud. The Futures Brokers working capital and client-funded accounts must be kept separate to avoid conducting business with client funds. Any fraudulent behaviour with Futures Brokers is monitored by financial regulators in the jurisdictions brokers are allowed to operate.
Futures Brokers List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, AndroidCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
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. 51% 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.
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account XM Swap-Free account (XM Ultra Low Account) VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account Pro Account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader, TradingView, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Web Trader, TradingView, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Learn more
Losses can exceed deposits
Losses can exceed deposits