We found 11 online brokers that are appropriate for Trading Silver Brokers.
In financial trading, low-spread brokers play a crucial role in providing traders access to various markets, including the exciting realm of silver trading. Silver, a precious metal known for its industrial uses and investment potential attracting traders looking to diversify their portfolios or capitalize on price fluctuations. This article will delve into low-spread brokers and their significance in silver trading while exploring key aspects such as forex trading with silver, CFDs, risk management tools, and powerful trading platforms. Silver trading can be high risk, and retail investor accounts lose money if a silver trade goes wrong.
Here are a few low-spread brokers for silver trading that have a good reputation:
IC Markets: IC Markets is a popular social trading platform offering low spreads for silver trading and a unique copy trading feature.
RoboForex: RoboForex is a reputable broker known for its competitive spreads and user-friendly trading platform, making it suitable for silver traders.
XM: XM is a well-regarded broker that provides tight spreads and a range of trading accounts designed explicitly for silver traders.
Pepperstone: Pepperstone is a trusted broker that offers competitive spreads and a variety of trading tools for silver traders.
Your capital is at risk when trading live financial markets. Trading with leverage is very high risk, you should research and clearly understand the risks before live trading silver.
Remember to conduct your research and consider your specific trading needs before choosing a broker.
When selecting a low-spread broker for silver trading, it's essential to consider the following factors:
Regulation and Certifications: Look for brokers regulated by reputable financial authorities, for example, the Financial Conduct Authority (FCA) or the Australian Securities and Investments Commission (ASIC).
Trading Conditions: Evaluate the broker's minimum deposit requirements, leverage options, and available trading platforms.
Spreads and Fees: Compare the spreads different brokers offer and consider any additional fees or commissions.
Platform and Tools: Assess the quality of the broker's trading platform, including its charting tools, order execution speed, and risk management features.
Customer Support: Ensure the broker provides reliable customer support and assistance during trading hours.
Security: Look for brokers prioritizing client funds' security through segregated accounts and encryption technologies.
Reputation and Reviews: Research and read reviews from other traders to gauge the broker's reputation and reliability.
Low-spread brokers differentiate themselves from traditional brokers in silver trading through their competitive spreads, which aim to provide better value for traders. Traditional silver brokers may have higher spreads due to overhead costs, larger organizational structures, or offering fixed spreads across a broader range of financial instruments. In contrast, low-spread brokers typically offer tight spreads specifically for silver and other popular trading assets, attracting traders seeking cost-effective trading conditions.
When choosing a low-spread broker for silver trading, it's crucial to consider their regulatory status and certifications. Look for brokers regulated by reputable financial authorities such as:
FCA - Financial Conduct Authority in the United Kingdom
ASIC - Australian Securities and Investments Commission in Australia
CySEC - Cyprus Securities and Exchange Commission in Cyprus
CTFC - Commodity Futures Trading Commission in the United States
Regulated brokers have to follow regulatory rules to operate in certain regions including protection of client retail trader funds.
The average spread offered by low-spread brokers for silver trading can vary. However, it is common for reputable low-spread brokers to offer spreads as low as 1-2 cents per ounce for silver. It's important to note that spreads can fluctuate based on market conditions, trading volume, and the specific broker's pricing model. Traders should compare the spreads different brokers offer to find the most favourable options for their silver trading activities.
While low-spread brokers aim to provide competitive spreads, it's essential to consider other potential fees or commissions associated with silver trading. These fees can include the following:
Commission Fees: Some brokers charge a commission per trade in addition to the spread. However, many low-spread brokers offer commission-free trading.
Overnight Financing: If a trade is held overnight, brokers may charge or credit an overnight financing fee, commonly known as a swap fee.
Deposit and Withdrawal Fees: Brokers may impose fees for depositing or withdrawing funds from trading accounts, depending on the chosen payment method.
Inactivitive Account Costs: Some brokers offering silver financial instrumnets may have some fees if there is no trading on a live account for 3 - 6 months.
You must check the brokers terms of service to understand all potential costs associated with silver trading.
Low-spread brokers for silver trading can be suitable for short-term and long-term trading strategies. The choice depends on your trading strategy, preferences, and objectives. Low spreads benefit short-term traders as they aim to capture small price movements. For long-term traders, low spreads can contribute to overall profitability, especially when holding positions for extended periods. Ultimately, the suitability of a low-spread broker for your trading style will depend on your trading goals and strategies.
Low-spread brokers typically offer a range of trading platforms to cater to the diverse needs of their clients. Some commonly offered trading platforms include:
MetaTrader 4 (MT4): MT4 is a commonly used and highly regarded trading platform known for its comprehensive charting tools, technical indicators, and automated trading capabilities.
MetaTrader 5 (MT5): MT5 is the successor to MT4, offering enhanced features, additional asset classes, and improved performance.
cTrader: cTrader is a popular trading platform known for its intuitive interface, advanced order types, and customizable charting capabilities.
Proprietary Platforms: Some brokers develop their proprietary trading platforms, offering unique features and functionalities tailored to their specific services.
It's essential to explore the features and usability of different trading platforms to find one that suits your trading style and preferences.
Yes, many low-spread brokers offer leverage for silver trading. Leverage enables traders to control a more prominent position size with less capital. The specific leverage options vary among brokers, but it's common to find leverage ratios of 1:50, 1:100, or higher for silver trading. However, exercising caution when using leverage is essential as it amplifies potential profits and losses. Traders should thoroughly understand leverage, risk management strategies, and the potential impact on their trading capital before utilizing leverage in silver trading or any other financial instrument.
Low-spread brokers prioritize price transparency and accuracy to ensure fair trading conditions for their clients. They typically achieve this through the following measures:
Price Aggregation: Brokers aggregate prices from multiple liquidity providers, ensuring competitive and accurate pricing for silver.
Straight-Through Processing (STP): STP brokers directly pass client orders to liquidity providers, reducing the potential for price manipulation.
Market Execution: Brokers execute client orders based on the prevailing market price, minimizing the possibility of requotes or price manipulation.
Regulation and Oversight: Regulated brokers are subject to oversight by financial authorities, ensuring compliance with regulations and fair pricing practices.
Choosing a reputable and regulated broker is advisable to enhance transparency in retail investor accounts and ensure accurate pricing in silver trading.
Many low-spread brokers provide educational resources and tools to support their clients' silver trading journey. These resources may include:
Educational Articles and Tutorials: Brokers often offer articles, tutorials, and educational materials covering various aspects of silver trading, including market analysis, trading strategies, and risk management.
Webinars and Seminars: Some brokers organize webinars or seminars conducted by industry experts to provide in-depth knowledge and insights into silver trading.
Demo Accounts: Brokers may offer free demo accounts, allowing traders to practice silver trading in a risk-free environment using virtual funds.
Trading Tools and Analysis: Brokers may provide access to technical analysis tools, economic calendars, and market research reports to help traders make informed trading decisions.
These educational resources can be valuable for both beginner retail traders and experienced silver traders, enabling them to expand their knowledge of the best silver trading and improve their trading skills.
Low-spread brokers can be suitable for beginner traders interested in silver trading. Low spreads can help reduce trading costs, making it more accessible for beginners with limited capital. Additionally, some low-spread brokers offer educational resources, free demo account accounts, and user-friendly trading platforms specifically designed to support beginner traders. However, it's crucial for beginners to thoroughly educate themselves about silver trading, risk management techniques, and the basics of trading before starting. Beginners should start trading silver with a small trading account and gradually increase their position sizes as they gain experience and confidence.
The minimum deposit of a low-spread broker can differ depending on the broker and the type of account chosen. While some best silver trading brokers may offer fixed spread accounts with no minimum deposit, others may require a minimum deposit ranging from as low as $10 to several hundred dollars. The minimum deposit requirements often correlate with the broker's features, services, and trading conditions. When choosing a low-spread broker with a suitable minimum deposit requirement, it's essential to consider your trading capital, risk tolerance, and trading objectives.
The speed of trade execution with a low-spread broker can differ depending on several factors, including the broker's technology infrastructure, liquidity providers, and market conditions. However, low-spread brokers generally strive to provide fast and efficient trade execution. With modern technology and more advanced trading tools and platforms, trade executions can be instantaneous or take just a few milliseconds. It's important to note that trade execution speed can also be influenced by factors such as internet connection, hardware, and the trading platform used.
Low-spread brokers often provide research and market analysis tools to assist silver traders in making informed trading decisions. These tools may include:
Technical Analysis Tools: Brokers may offer charting platforms with various technical indicators, drawing tools, and pattern recognition feature to analyze silver price movements.
Fundamental Analysis Resources: Some brokers provide access to economic calendars, news feeds, and market commentaries to stay updated on relevant economic and geopolitical events impacting the silver market.
Market Research Reports: Brokers may generate research reports and analyses on silver and related markets, offering insights into supply and demand dynamics, price forecasts, and market trends.
Sentiment Analysis: Some brokers offer sentiment analysis tools that track and analyze the overall market sentiment towards silver, helping traders gauge market sentiment and make better trading decisions.
These research and analysis tools can be valuable for silver traders of all experience levels.
Low-spread brokers typically offer various customer support options to assist silver traders. These may include:
Live Chat: Brokers often provide live chat support on their websites or trading platforms, allowing traders to get instant assistance and resolve queries in real time.
Email Support: Traders can reach out to brokers via email to seek support or address any concerns. Brokers typically aim to respond to emails promptly.
Phone Support: Many brokers offer phone support, where traders can speak directly with customer service representatives to receive personalized assistance.
Knowledge Base and FAQs: Brokers often have comprehensive knowledge bases and frequently asked questions (FAQs) sections on their websites, providing self-help resources for common queries.
Choosing a broker that offers reliable and responsive customer support is advisable to ensure a smooth trading experience.
While specific restrictions or limitations can vary among brokers, some common considerations exist when trading silver with low-spread brokers. These may include:
Leverage Limits: Brokers may impose leverage limits for silver trading to ensure responsible trading practices and mitigate risks. The leverage available for silver trading is typically lower compared to major currency pairs.
Margin Requirements: Brokers may require traders to maintain a certain margin level in their accounts to support open positions. Margin requirements can vary depending on the broker's policies and market conditions.
Trading Hours: Silver trading hours may be subject to specific market sessions and trading hours determined by the exchange or market where silver is traded.
Regulatory Restrictions: Traders should be cautious of any regulatory restrictions or limitations imposed by the governing authorities in their jurisdiction regarding silver trading.
It's important to carefully review the broker's terms and conditions to understand any specific restrictions or limitations that may apply.
Yes, some low-spread brokers offer the opportunity to trade silver futures or options. Silver futures contracts allow traders to speculate on the future price of silver, while options contracts provide the right to buy or sell silver at a specific price within a specific time. These derivative instruments can provide additional flexibility and opportunities for silver traders to profit from rising and falling silver prices. However, it's important to note that trading futures and options involves higher complexity and risk than spot trading precious metals. Traders should have a solid understanding of these financial instruments before engaging in futures or options trading.
The typical trading volume or lot size required by low-spread brokers for silver trading can differ depending on the brokerage and the type of trading account chosen. Brokers often offer different account types with varying lot sizes, allowing traders to choose the one that suits their trading preferences. The trading volume requirements range from mini-lots (0.1 lot or 10,000 units of silver) to standard lots (1 lot or 100,000 units of silver). Some brokers may also offer micro-lots (0.01 lot or 1,000 units of silver) for traders with smaller trading capital. Reviewing the broker's specifications and choosing an account type that aligns with your trading goals and risk tolerance is essential.
While some brokers may offer promotional bonuses or incentives, it's important to note that regulations and restrictions surrounding such offers may vary in different jurisdictions. Some brokers may provide welcome bonuses, deposit bonuses, or loyalty programs to reward traders for their activity. These bonuses often come with terms and conditions, including minimum trading volumes or specific requirements to be met before withdrawing the bonus funds. Traders should review the bonus terms and conditions and consider them an additional factor when choosing a low-spread broker.
Yes, low-spread brokers typically offer a range of order types and execution options to cater to the diverse needs of silver traders. These may include:
Market Orders: Traders can place market orders to buy or sell silver at the current market price.
Limit Orders: Traders can establish precise price levels for initiating or concluding silver trades. Once the market attains the designated price, the limit order is enacted.
Stop Orders: Traders can place stop orders to buy or sell silver when the market reaches a certain price level. Stop orders can be used for both entry and exit points.
Trailing Stop Orders: Trailing stop orders allow traders to set a dynamic stop loss level that adjusts based on the price movement of silver, locking in profits or minimizing losses.
(OCO) One-Cancels-the-Other Silver Orders: OCO silver orders place to two live silver orders at the same time in order to take profits and limit potential loss.
These order types and execution options provide flexibility and control over silver trading strategies and risk management.
Slippage pertains to the distinction between the anticipated trade price and the actual execution price. Low-spread brokers typically aim to minimize slippage and provide fair execution to their clients. They achieve this through several methods, including:
Efficient Order Routing: Low-spread brokers utilize advanced order routing systems to ensure orders are executed at the best prices across multiple liquidity providers and exchanges.
Price Aggregation: Brokers aggregate liquidity from various sources to provide competitive prices and minimize the likelihood of significant slippage.
Fast Execution Speed: Low-spread brokers invest in robust technology infrastructure and high-speed connectivity to minimize execution delays and reduce the chance of slippage.
Slippage Protection Tools: Some brokers offer slippage protection tools or features that allow traders to set maximum deviation levels for order execution, limiting the potential slippage.
It's important to note that while brokers strive to minimize slippage, it can still occur in situations of high market volatility or when there are rapid price movements in the silver market.
Many low-spread brokers support automated trading systems or algorithms in silver trading. These brokers typically offer application programming interfaces (APIs) or platforms that allow traders to develop and implement their trading algorithms or use pre-existing ones. Automated silver trading platforms and systems can help traders execute trades based on predefined rules and strategies without manual intervention. They can also assist in backtesting strategies using historical data. Traders interested in automated trading should check if the broker supports their preferred trading platform or API and ensure that their trading algorithms comply with the broker's terms and conditions.
The restrictions on scalping or high-frequency trading can vary among low-spread brokers. Some brokers may impose specific rules or limitations on these trading styles, while others may be more accommodating. Scalping, which involves opening and closing trades within a short time frame to exploit tiny price movements, may be subject to certain restrictions, such as minimum trade duration or limitations on the number of daily trades. High-frequency trading, which involves executing many trades in milliseconds, may also be subject to limitations due to technology and market access considerations. Traders interested in scalping or high-frequency trading should carefully review the broker's terms and conditions and ensure their preferred trading style is supported.
The margin requirement for silver trading with low-spread brokers can vary depending on the broker's policies and the regulatory framework in place. Margins are typically expressed as a percentage of the notional value of the trade and represent the funds that traders must maintain in their trading accounts to support their positions. The margin requirement for silver trading is influenced by market volatility, liquidity, and the regulatory guidelines set by the governing authorities. Traders must understand the margin requirements of their chosen broker and ensure they have sufficient funds in their accounts to meet the margin obligations.
Low-spread brokers employ various measures to ensure the security of client funds in silver trading. These measures typically include:
Segregated Accounts: Brokers segregate client funds from their operational funds, keeping them in separate bank accounts. This separation helps protect client funds during the broker's insolvency.
Regulatory Compliance: Recognized financial authorities often regulate reputable low-spread brokers. These regulators impose strict requirements on brokers, including capital adequacy, client fund segregation, and regular financial reporting.
Secure Payment Methods: Brokers offer safe payment methods for deposits and withdrawals, such as bank transfers, credit/debit cards, and electronic payment systems. These methods prioritize the safety and encryption of financial transactions.
Secure Trading Infrastructure: Brokers invest in robust trading infrastructure and employ advanced security methods, for example, Secure Socket Layer (SSL) encryption and two-factor authentication, to protect client information and trading accounts from unauthorized access.
Membership in Investor Compensation Schemes: Some brokers may be members of investor compensation schemes or deposit protection schemes that provide clients additional protection in the case of the broker's insolvency.
Traders should choose low-spread brokers that prioritize the security of client funds high risk and have a solid regulatory and security framework in place.
Low-spread brokers typically provide real-time market data and charts through their trading platforms for silver trading. These platforms often offer:
Real-Time Price Quotes: Traders can access real-time price quotes for silver and related instruments to monitor current market conditions.
Interactive Charts: Brokers offer various timeframes, technical indicators, and drawing tools to help traders analyze silver price movements and identify potential trading opportunities.
Market Depth and Order Book: Trading platforms may provide market depth and order book information, giving insights into the current supply and demand levels in the silver market.
Historical Data: Traders can access historical price data for in-depth analysis and backtest trading strategies.
These features empower professional traders with the information to make informed trading decisions in the silver market.
Low-spread brokers offer a variety of withdrawal and deposit options to facilitate seamless transactions for silver trading. Some standard options include:
Bank Transfers: Traders can fund or withdraw money from their bank accounts. This widely accepted method provides a secure way to transfer significant money.
Credit/Debit Cards: Brokers often accept major credit and debit cards, allowing traders to conveniently deposit funds using their cards. Withdrawals can also be processed back to the same card in some cases.
Electronic Payment Systems: Popular electronic payment systems, such as PayPal, Skrill, Neteller, or WebMoney, are frequently supported by low-spread brokers. These systems provide fast and secure transactions.
Cryptocurrencies: Some brokers may accept cryptocurrencies like Bitcoin or Ethereum for deposits and withdrawals. This option offers added privacy and faster processing times.
Wire Transfers: Traders can initiate wire transfers directly from their bank accounts to the broker's designated bank account. This method suits more significant transactions but may involve longer processing times and potential fees.
It's important to note that the availability of specific deposit and withdrawal options may vary among brokers. Traders should check the broker's website or contact their customer support to confirm the available options and any associated fees or processing times.
Risk management becomes paramount for traders due to the potential volatility in silver markets. Low-spread brokers often equip their platforms with risk management tools that enable traders to set stop-loss orders, take-profit levels, and manage their exposure effectively. These tools help mitigate the risk of losing money rapidly and allow traders to implement disciplined trading strategies.
Many low-spread brokers provide mobile trading apps specifically designed for silver trading. These mobile apps allow traders to access their trading accounts and execute trades using smartphones or tablets. The mobile silver trading brokers' apps generally offer a range of features and functionalities, including:
Real-Time Market Data: Traders can access real-time price quotes, charts, and market news related to silver and other financial instruments.
Trade Execution: The mobile apps enable traders to open and close positions, set stop-loss and take-profit orders, and modify existing trades.
Account Management: Traders can manage their trading accounts, monitor their portfolios, and view transaction history.
Technical Analysis Tools: Many mobile trading apps offer a variety of technical indicators, drawing tools, and customizable chart settings for detailed analysis of silver price movements.
Notifications and Alerts: Traders can set up customizable price alerts and notifications to stay informed about important market events or changes in silver prices.
Secure Access: Mobile trading apps prioritize security and provide secure access to trading accounts with features like two-factor authentication and encryption.
Mobile trading apps offer flexibility and convenience, allowing traders to stay connected to the silver market and manage their positions anytime and anywhere.
The availability of extended trading hours for silver trading depends on the market and exchange where silver is traded. Silver markets typically have specified trading hours during which trading activity is most active and liquid. The respective market authorities determine these regular trading hours and are generally aligned with the working hours of major financial centres.
However, it's important to note that some low-spread brokers may offer extended trading hours or access to alternative trading sessions allowing traders to trade silver outside the regular market hours. It is often referred to as after-hours trading or extended-hours silver trading platform.
Low-spread brokers have emerged as significant players in silver trading, providing traders access to precious metals with minimized trading costs. With their expertise in forex trading, CFDs, and risk management tools, these brokers offer traders the potential to capitalize on silver's price movements while effectively managing risks. By selecting reputable brokers with powerful trading platforms, regulatory compliance, and a strong reputation, traders can embark on their silver trading journey with confidence and the potential for success.
We have conducted extensive research and analysis on over multiple data points on Low spread brokers for silver trading to present you with a comprehensive guide that can help you find the most suitable Low spread brokers for silver trading. Below we shortlist what we think are the best Silver Brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Low spread brokers for silver trading.
Selecting a reliable and reputable online Silver Brokers trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Silver Brokers more confidently.
Selecting the right online Silver Brokers trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Silver Brokers trading, it's essential to compare the different options available to you. Our Silver Brokers brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Silver Brokers broker that best suits your needs and preferences for Silver Brokers. Our Silver Brokers broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Silver Brokers.
Compare Silver Brokers brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Silver Brokers broker, it's crucial to compare several factors to choose the right one for your Silver Brokers needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Silver Brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Silver Brokers that accept Silver Brokers clients.
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IC Markets
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Roboforex
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eToro
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XTB
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XM
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Pepperstone
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FP Markets
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EasyMarkets
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SpreadEx
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FXPro
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Admiral
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Regulation | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. 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) (000261/27) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | 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 | 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) | Easy Forex Trading Ltd is regulated by CySEC ( License Number 079/07). Easy Forex Trading Ltd is the only entity that onboards EU clients, easyMarkets Pty Ltd is regulated by ASIC ( AFS License No. 246566), EF Worldwide Ltd in Seychelles is regulated by FSA ( License Number SD056), EF Worldwide Ltd in British Virgin Islands is regulated by FSC (License Number SIBA/L/20/1135), | 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) (595450), Cyprus Securities and Exchange Commission (CySEC)(310328), FSA (Financial Services Authority of Seychelles) (SD073) |
Min Deposit | 200 | 10 | 50 | No minimum deposit | 5 | No minimum deposit | 100 | 25 | No minimum deposit | 100 | 1 |
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Used By | 200,000+ | 730,000+ | 40,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 200,000+ | 250,000+ | 60,000+ | 7,800,000+ | 30,000+ |
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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 | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | 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) | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | 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) | MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader |
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Risk Warning | Losses can exceed deposits | 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. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.99% 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 | Losses can exceed deposits | Your capital is at risk | 65% of retail CFD accounts lose money | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | Losses can exceed deposits |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Admiral Markets 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, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, | 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 | 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 | US, CA, JP, SG, MY, JM, IR, TR |
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