Top Low Cost Brokers for 2025

We found 11 online brokers that are appropriate for Trading Low Cost.

Best Low Cost Brokers Guide

Analysis by Andrew Blumer, Updated Last updated – July 08, 2025

Low Cost Brokers

Traders are increasingly turning to low cost brokers to maximize profits by minimizing fees and commissions. For example, by using a broker like Robinhoodwhich charges zero commission on stock and ETF tradesa day trader who executes 50 trades per month could save over $500 in commission fees compared to a traditional broker charging $5 per trade.

The 2008 financial crisis triggered significant market volatility, motivating more investors to engage in active trading to capitalize on price swings. For instance, during the 20082009 bear market, retail traders using low cost platforms such as TD Ameritrades Thinkorswim were able to quickly buy undervalued stocks at discounted prices and sell during rebounds, boosting their returns despite overall market turmoil.

Low cost brokers are typically best suited for experienced or self directed traders who prioritize reducing trading costs over receiving personalized investment advice. For example, an experienced forex trader trading EUR/USD might prefer IG Groups competitive spreads and low overnight financing fees rather than paying for premium research reports at a full service brokerage.

To keep fees low, these brokers often offer streamlined platforms with fewer advanced features or in depth research toolspotentially making them less suitable for beginners who may need more guidance and analysis. For example, while Interactive Brokers offers ultra low margin rates, its minimalist interface and complex order types can be overwhelming for a new investor compared to a more guided platform like eToro.

Low Cost Brokers

For traders focused on maximizing their returns, controlling costs is essential. Low cost brokers excel at offering affordable access to global markets by minimizing fees, spreads, and commissions without compromising on quality or security. These brokers often support diverse payment options, including digital wallets, bank transfers, and cryptocurrencies, ensuring efficient and cost effective fund management.

Whether youre an active scalper seeking tight spreads or a long term investor aiming for fee efficient trading, these brokers provide a balanced blend of low costs, reliable execution, and regulatory oversight. Many are licensed by respected authorities such as the FCA, ASIC, and CySEC, giving traders peace of mind alongside affordability.

Below is a selection of some of the top low cost brokers, highlighting their features and benefits for cost conscious traders:

IC Markets

IC Markets Platform Overview

IC Markets is renowned for its lightning fast execution speeds, averaging just 40ms. It offers ultra tight raw spreads starting from 0.0 pips on its Raw Spread account with a small commission of just $3.50 per side, and swap rates among the lowest in the industry. These low cost structures make IC Markets ideal for scalpers and day traders looking to maximize net profits. The platform supports advanced trading tools like MT4, MT5, cTrader, and TradingView, along with free VPS hosting for automated strategies. With access to Forex, commodities, indices, and cryptocurrencies, IC Markets delivers precision and affordability in one package.

RoboForex

RoboForex Platform Overview

RoboForex appeals to traders who want high leverage options and ultra competitive spreads starting from 0.0 pips on the PRIME account. It charges no deposit or withdrawal fees on most payment methods and offers commission free trading on its ECN Pro account (with slightly wider spreads). Combined with EA scripting support on MT4 and MT5, RoboForex provides a low cost environment for algorithmic and high frequency trading, though traders should manage the elevated risks associated with high leverage.

eToro

eToro Screenshot

eToro stands out with its zero commission model on stocks and cryptocurrencies, allowing users to buy and hold actual MKR tokens without markup fees. There are no management or inactivity fees for active traders, and deposits are fee free via bank transfer. Its innovative CopyTrading feature and social feed add value without extra cost. Regulated by the FCA and CySEC, eToro ensures a safe, low cost trading environment for European traders.

XTB

XTB Platform Overview

XTB offers zero commission trading on over 1,500 instruments, including stocks and ETFs, with spreads from 0.1 pips on major Forex pairs. It charges no deposit or withdrawal fees and imposes no inactivity fees for up to one year. This cost efficient pricing, combined with advanced research tools and educational materials, makes XTB a compelling option for traders of all levels.

XM

XM Screenshot

XM offers competitive spreads from 1.0 pip on its Standard account and raw spreads from 0.6 pips on its Ultra Low account with a small commission of $3 per side. There are no deposit or withdrawal fees and negative balance protection for all clients. With multiple account types and promotional credit for new traders, XM provides a reliable, low cost trading solution for beginners and professionals alike.

Pepperstone

Pepperstone Platform Overview

Pepperstones Razor account features raw spreads from 0.0 pips and a transparent commission of $3.50 per side, with no markups. Overnight financing charges are among the lowest in the industry, and there are no fees on deposits or withdrawals via major methods. These low cost conditions, combined with fast execution and deep liquidity, make Pepperstone a favorite among professional traders.

AvaTrade

AvaTrade Screenshot

AvaTrade offers commission free trading on all instruments, with spreads from as low as 0.9 pips on major Forex pairs. It charges no deposit or withdrawal fees on most funding methods and has a single inactivity fee after three months. The AvaTradeGo mobile app and AvaSocial copy trading platform allow traders to participate at minimal cost, making AvaTrade an efficient choice for cost conscious investors.

FP Markets

FP Markets Screenshot

FP Markets Raw ECN account offers spreads from 0.0 pips with a commission of $3 per side, while its Standard account provides commission free trading with slightly wider spreads. There are no fees on deposits or withdrawals and free access to Trading Central research. By combining raw spreads, low commissions, and premium tools on MT4 and MT5, FP Markets delivers an affordable trading experience.

Low Cost Broker Charges

Brokers generate revenue through various methods, including charging per trade or per share commissions. Some brokers also impose fees for broker assisted trades, particularly for mutual funds or specialized orders. Options traders, in particular, may face per leg charges, which is why many opt for brokers that offer per contract pricing for greater transparency and cost control.

Example: At Broker A, equity trades cost 3.95 per trade or 0.005 per shareso a 1,000 share purchase would cost just 5.00 in commission. For options, the fee is 0.50 per contract, meaning a single leg options buy of 10 contracts costs 5.00 total.

Tip: Use limit orders instead of market orders to avoid wider spreads, saving up to 0.10 per share on high volume trades.

Free Trading

To attract and retain more customers, many low cost brokers now offer commission free trading. This approach aims to re engage traders who may have exited the markets due to high fees or increased volatility. Although commission free trading eliminates traditional fees, brokers often earn revenue through interest on uninvested cash and payment for order flow (PFOF), where brokers receive compensation for routing trades to specific market makers. However, PFOF has been controversial, as it may impact the quality of trade execution.

Example: A trader placing a 5,000 share order with Broker B pays zero commission, but PFOF may add 0.02 to 0.05 per share in hidden spread costsso you effectively pay 2050 on a 1,000 share order.

Tip: Park idle cash in a high yield sweep account (0.5% APY) offered by many free trade brokers to offset execution costs.

Low cost broker fees

Broker Discounts

Many low cost brokers also offer incentives to attract and retain traders. These may include referral bonuses for clients who bring in new users, as well as volume based discounts that reduce fees based on trading frequency or the size of trades. Such promotions help enhance affordability for active traders.

Example: Broker C offers a 50 referral bonus once a referred friend executes 1,000 in trades, plus a tiered discount: trade 50+ times per month for 10% off per trade fees, or 200+ times for 25% off.

Tip: Consolidate small trades into larger batches to qualify for volume discounts and reduce per trade costs by up to 1.00 each.

IC Markets example fees

Advantages of Low Cost Brokers

One of the biggest advantages of low cost brokers is the ability to preserve more of your trading profits thanks to their lower fees and commissions. This makes them an attractive choice for active and cost conscious traders.

These brokers typically offer simple, web based platforms that are user friendly and efficient. They allow traders to execute trades smoothly without the clutter of unnecessary tools or distractions, making them ideal for those who know what they want.

Example: Using Broker Ds streamlined interface, a day trader can submit up to 100 limit orders in under five minutes, reducing slippage costs by targeting exact price levels.

Self directed traders also appreciate the autonomy that low cost brokers provide. Without the pressure of biased investment advice, they can follow their own strategies and stay in full control of their portfolios.

In addition, many low cost brokers offer educational materials through their websites or mobile apps. These resources can support ongoing learning and skill building, which is especially useful for independent traders looking to improve.

Example: Broker Es mobile app features short tutorials on advanced order types (e.g., iceberg and TWAP orders), helping experienced traders lower market impact costs.

Overall, low cost brokers increase accessibility for retail investors who want to keep expenses low without sacrificing essential trading features. They provide a lean, efficient option for traders who value affordability and control.

That said, low cost brokers may not be the best fit for absolute beginners. New traders often benefit more from brokers that offer detailed investment analysis, research tools, and advisory services; features that are usually provided by full service firms.

Low Cost Brokers benefits

Disadvantages of Low Cost Brokers

Despite their affordability, low cost brokers generally do not offer personalized investment advice or portfolio management. Their business model focuses on cost efficiency and high volume trading rather than tailored support.

Another drawback is the presence of hidden fees. Some low cost brokers may charge inactivity fees, withdrawal fees, or offer less favorable spreads. These extra costs can add up and reduce your overall savings.

Example: A trader on Broker F who places fewer than five trades per quarter may incur a 15 quarterly inactivity fee, wiping out the savings from commission free trades.

Tip: Track your trading frequency and set calendar reminders to place minimal trades each quarter, avoiding inactivity penalties.

Because of this, it's essential to carefully review the broker's full fee schedule. Reading the fine print before opening an account can help you avoid surprises and ensure the broker's pricing truly aligns with your trading habits.

How I Choose a Low Cost Broker (From Personal Experience)

Broker thumbs up

In my own trading journey, the very first thing I check is whether a broker is licensed and regulated by a top tier authority. Ive found that confirming FCA or ASIC registration gives me peace of mindif anything goes wrong, I know my funds are protected under clear rules.

Example: When I signed up with eToro, I looked up their FCA number on the FCA register before depositing a single poundthis simple step saved me from a later headache when they paused deposits for regulatory updates.

Next, I always open demo accounts at two or three brokers. Nothing beats hands on testing: I compare how fast orders execute, how intuitive the interface feels, and whether I can customize charts to my liking. If a platform slows to a crawl under simulated volume, I move on.

Example: In a head to head demo of XTB and XM, I placed identical limit orders on both. XTB executed in 0.3 seconds, while XM lagged at over 1.2 secondsenough delay to cost me on a real scalp trade.

Protecting my capital has been vital, so I always verify that client deposits are held in segregated accounts. I refuse to work with any broker that pools client funds with its ownhistory has shown this can lead to disaster if the broker becomes insolvent.

Platform quality matters just as much. I look for brokers offering MetaTrader 4 or MetaTrader 5, since Ive built custom indicators and backtests that only work there. One click trading and robust backtesting support are non negotiable in my toolkit.

Example: IC Markets MT4 allowed me to import a custom VWAP indicator and run a weeks worth of backtests in under five minutessomething I couldnt do on Pepperstones proprietary platform.

Whenever I hit a technical snag, responsive support can save a trade. I test live chat or phone support during market hours to ensure I get answers in under two minutesslowness here equals missed opportunities.

Example: After experiencing a margin call issue at FP Markets, I contacted their chat support and was back in my account within 90 seconds. Contrast that with RoboForexs 10 minute wait, and the choice was clear.

For security, I insist on two factor authentication and SSL encryption. I even log in periodically just to confirm the 2FA prompt still worksbetter safe than sorry.

Example: AvaTrades app sent my 2FA code instantly every time, whereas another brokers SMS took up to two minutesunacceptable for fast markets.

Before I commit real funds, I painstakingly review fee schedulesspotting hidden inactivity or withdrawal fees has saved me over 100 in surprise charges.

I also ensure the broker offers the exact assets I trade. Early on, I lost time switching between platforms just to access fractional sharesnow I pick brokers that let me buy 1 increments of UK and US stocks directly.

Example: With XTB, I can place a 2.50 fractional share order on Apple, whereas XM forced me to buy whole shares at $170 each.

Finally, I test the mobile app under live conditions. A stable, full featured mobile platform lets me manage stop losses and take profit orders on the gosomething I rely on during travel days.

Example: I once had to adjust a stop loss during lunch; IC Markets app let me do this in under 30 seconds, while another app hung and missed the move.

Low Cost Brokers Verdict

Low Cost Brokers

In my years of active trading, I’ve found that choosing a low cost broker is one of the smartest ways to protect my profits. By avoiding hefty commissions like those $5 per trade fees I once paid I now save hundreds each month, especially when executing dozens of trades on platforms like Robinhood or Interactive Brokers.

Market volatility, such as during the 2008 to 2009 downturn, taught me the value of speed and low costs. Back then, I seized undervalued opportunities on Thinkorswim and saw my returns jump simply by keeping fees minimal and reacting quickly to rebounds.

Over time, I realized that streamlined platforms with razor thin spreads IC Markets for ultra tight raw spreads, IG Group for competitive FX financing, or eToro for zero commission stock and crypto trading fit best with my self directed style. I don’t need glossy research reports; I need execution that doesn’t bleed my account dry.

Yet I also know that these lean interfaces can overwhelm beginners. That’s why, when I mentor new traders, I stress demo account testing. For example, I once compared XTB and XM side by side XTB’s 0.3 second fills beat XM’s 1.2 second lags every time, a difference that can make or break a scalp trade.

Regulation and security are non negotiable for me. Before depositing, I always verify FCA or ASIC licensure and ensure client funds are held in segregated accounts a habit born from seeing brokers abruptly halt withdrawals without protection clauses in place.

Customer support has saved more trades than any indicator. I’ve timed chat responses some brokers answered in under 90 seconds, others took ten minutes. Fast, knowledgeable help is indispensable when the market moves against you.

I rigorously audit fee schedules for hidden costs withdrawal, inactivity, or payment for order flow spreads so no surprises eat into my gains. I’ve bookmarked each broker’s fine print and set calendar reminders to avoid inactivity penalties.

In the end, a broker that balances low commissions, speed, security, and responsive support is my go to partner in the markets. By testing platforms handson, reading every regulation, and prioritizing cost control, I remain in the driver’s seat of my trading journey.

There's an old English saying: 'cheap things are not always the best.' While this may hold true in some cases, in the world of trading, a low cost broker can still offer excellent service without eating into your profits through high commissions and fees. Many experienced traders choose these brokers to reduce their overhead, while beginners might gravitate toward providers that offer more robust educational content and research tools.

Ultimately, finding the right low cost broker is about achieving the right balance; minimizing costs without sacrificing the trading features and support you genuinely need. With careful research and an understanding of your own trading style, you can select a broker that fits both your budget and your goals.

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

Reputable Low Cost Brokers Checklist

Selecting a reliable and reputable online Low Cost 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 Low Cost more confidently.

Selecting the right online Low Cost 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 Low Cost Brokers in Our Brokerage Comparison Table

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

Top 15 Low Cost Brokers of 2025 compared

Here are the top Low Cost Brokers.

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

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

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

Broker IC Markets eToro XTB Pepperstone AvaTrade FP Markets SpreadEx FXPro ThinkMarkets Trading212 Forex.com
Rating
Regulation Seychelles Financial Services Authority (FSA) (SD018) 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 Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) 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) Limited is the holder of Australian Financial Services License 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) FCA (Financial Conduct Authority) (609146), ASIC (Australian Securities and Investments Commission) (541122), FSC (Financial Supervision Commission, Bulgaria) (RG-03-0237), CySEC (Cyprus Securities and Exchange Commission) (398/21) CIRO (Canadian Investment Regulatory Organization), CySEC (Cyprus Securities & Exchange Commission), NFA (National Futures Association), CFTC (Commodities Futures Trading Commission), CIMA (Cayman Islands Monetary Authority) (25033), FCA (Financial Conduct Authority) (446717) StoneX Financial Ltd, FSA (Financial Services Agency, Japan), MAS (Monetary Authority of Singapore), ASIC (Australian Securities and Investments Commission)(345646) STONEX FINANCIAL PTY LTD
Min Deposit 200 50 No minimum deposit No minimum deposit 100 100 No minimum deposit 100 50 1 100
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 200,000+ 35,000,000+ 1,000,000+ 400,000+ 400,000+ 200,000+ 60,000+ 7,800,000+ 450,000+ 3,000,000+ 454,000+
Benefits
  • Allows scalping
  • Allows hedging
  • 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
  • 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
  • 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
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Pro account
  • Demo account
  • Micro account
  • Mini 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
  • ECN account
  • Demo account
  • Standard account
  • Demo account
  • Mini account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Demo account
  • Mini account
  • Standard account
  • Islamic account
Platforms MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) ThinkTrader, WebTrader, TradingView, TradingView, Mobile Apps, iOS (App Store), Android (Google Play) Web Trader, Mobile Apps, iOS (App Store), Android (Google Play) Mobile Apps, iOS (App Store), Android (Google Play), WebTrader, MT4, MT5, TradingView
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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thinkmarkets
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Risk Warning Losses can exceed deposits 61% of retail investor accounts lose money when trading CFDs with this provider. 69% - 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 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 65% of retail CFD accounts lose money 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider 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 CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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. 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.
Demo IC Markets
Demo
eToro
Demo
XTB
Demo
Pepperstone
Demo
AvaTrade
Demo
FP Markets
Demo
SpreadEx
Demo
FxPro
Demo
ThinkMarkets
Demo
Trading 212
Demo
Forex.com
Demo
Excluded Countries US, IR, CA, NZ, JP ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, US, IN, PK, BD, NG , ID, BE, AU 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, TR US, CA, IR 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 US, CA BE


All Low cost brokers in more detail

You can compare Low Cost 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 Low Cost Brokers for 2025 article further below. You can see it now by clicking here

We have listed top Low cost brokers below.

Low Cost Brokers List

IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 200000+ 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

MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Seychelles Financial Services Authority (FSA) (SD018)
eToro
(4/5)
Min deposit : 50
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. 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.

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

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 35000000+ traders. 61% 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

eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web

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 1000000+ traders. 69% - 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 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), 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)
Pepperstone
(4/5)
Min deposit : 0
Pepperstone was established in 2010 and is used by over 400000+ traders. 75-95 % 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, cTrader,WebTrader, TradingView, Windows, 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 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 400000+ 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

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),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA)
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 200000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs, Bonds.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, 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 CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130)
SpreadEx
(4/5)
Min deposit : 0
SpreadEx was established in 1999 and is used by over 60000+ traders. 65% of retail CFD accounts lose money SpreadEx offers Forex, CFDs, and spread betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, 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) (190941), Gambling Commission (Great Britain) (8835)
FXPro
(4/5)
Min deposit : 100
FxPro was established in 2006 and is used by over 7800000+ traders. 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider FxPro offers Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader, FxPro WebTrader, FxPro 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) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120)
ThinkMarkets
(3/5)
Min deposit : 50
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) Limited is the holder of Australian Financial Services License 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)
Trading212
(3/5)
Min deposit : 1
Trading 212 was established in 2004 and is used by over 3000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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. Trading 212 offers Stocks, Forex, Commodities, Indices.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, 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) (609146), ASIC (Australian Securities and Investments Commission) (541122), FSC (Financial Supervision Commission, Bulgaria) (RG-03-0237), CySEC (Cyprus Securities and Exchange Commission) (398/21)
Forex.com
(3/5)
Min deposit : 100
Forex.com was established in 1999 and is used by over 454000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 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. Forex.com offers Forex, Indices, Commodities, Equities, Cryptocurrencies. Cryptocurrency availability with Forex.com is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Mobile Apps, iOS (App Store), Android (Google Play), WebTrader, MT4, MT5, TradingView

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by CIRO (Canadian Investment Regulatory Organization), CySEC (Cyprus Securities & Exchange Commission), NFA (National Futures Association), CFTC (Commodities Futures Trading Commission), CIMA (Cayman Islands Monetary Authority) (25033), FCA (Financial Conduct Authority) (446717) StoneX Financial Ltd, FSA (Financial Services Agency, Japan), MAS (Monetary Authority of Singapore), ASIC (Australian Securities and Investments Commission)(345646) STONEX FINANCIAL PTY LTD

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Losses can exceed deposits
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Losses can exceed deposits