We found 11 online brokers that are appropriate for Trading Forex Brokers.
IC Markets stands out for its competitive edge in major currency pair trading, specifically with low swap rates. The broker's comprehensive educational resources and advanced trading tools enhance trading efficiency. Additionally, IC Markets is noted for its regulatory compliance and transparent pricing, making it a reliable choice for traders focused on currency trading.
RoboForex is renowned for offering low swaps on major currency pairs, complemented by high leverage options. Its state-of-the-art trading tools and competitive Forex swap pricing make it a preferred choice for traders seeking advantageous conditions in currency markets.
eToro is highly regarded for its unique social trading platform, particularly beneficial for currency traders looking for community insights and strategies. Its user-friendly interface, comprehensive educational resources, and reliable customer support make it a solid option for those trading major currency pairs.
AvaTrade offers an intuitive trading experience ideal for major currency pair trading, with competitive spreads and a broad range of tradable instruments. Its user-friendly interface and responsive customer service are key factors in its favorable reputation among currency traders.
Pepperstone is recognized for its exceptionally tight spreads and swift trade execution in major currency pairs. With advanced trading platforms, extensive market analysis, and robust customer support, Pepperstone is a top choice for traders prioritizing efficiency and reliability in currency trading.
In the dynamic world of forex trading, understanding the significance of swap rates and seeking ways to optimize trading costs is essential. Discovering the most competitive swap rates among forex brokers can significantly impact traders focused on major currency pairs. These brokers offer competitive swap rates, enabling traders to minimize costs and potentially enhance profitability. In this article, we will explore the advantages of choosing such brokers and the impact they can have on retail investor accounts. Additionally, we will delve into swap-free forex accounts and how they cater to traders seeking to avoid swap charges. We will also touch upon critical aspects like risk management tools, execution methods, and the complexity of instruments traded in these markets.
Swaps are a fundamental part of the forex market and are used to adjust for the time value of money.
Forex brokers charge swaps to facilitate fair and efficient trading in the foreign exchange market. When traders hold positions overnight, they borrow one currency to buy another. As a result, they are subject to the prevailing interest rates associated with each currency.
Forex brokers act as intermediaries in these transactions and incur financing costs. By charging swaps, brokers pass on these costs to traders. It allows brokers and advanced traders to align costs with interest rates and maintain balanced operations.
Additionally, charging swaps encourages traders to consider the time value of money when holding positions overnight. It discourages speculative behaviour and enables traders to make informed investment decisions rather than trading spread bets relying solely on interest rate differentials. Ultimately, swaps contribute to a fair and efficient market by accounting for the overnight financing costs of holding positions.
Forex trading's major currency pairs represent the most vigorously traded options and usually encompass the economies of the world's leading nations. These pairs often exhibit high liquidity and tight spreads and are popular among forex traders. Here, you'll find a selection of illustrations showcasing significant forex currency pairs:
(European Euro / USA Dollar) Currency pair code : EUR/USD
(USA Dollar / Japanese Yen) Currency pair code : USD/JPY
(USA Dollar / Swiss Franc) Currency pair code : USD/CHF
(Australian Dollar / USA Dollar) Currency pair code : AUD/USD
(USA Dollar / Canadian Dollar) Currency pair code : USD/CAD
These prominent forex currency pairs witness robust trading activities driven by substantial trading volumes and the profound impact of their respective economies on the global financial markets. Traders can take advantage of these pairs' numerous trading opportunities and liquidity. It's important to note that the currency pairs mentioned above can vary in their swap rates and trading costs, which can be influenced by factors such as interest rate differentials and market conditions.
The lowest swap rates forex brokers offer for major pairs can vary depending on several factors, including the specific currency pair, market conditions, and the broker's fee structure. While it is challenging to provide an exact figure due to the dynamic nature of swap rates, some brokers may offer competitive rates as low as 0.01% per day or even lower. However, traders must research and compare swap rates among brokers to find the most favourable options for their currency trading strategies. Factors such as spreads, commissions, and overall forex trading fees and costs should also be considered alongside swap rates to make informed decisions.
Although swap rates may fluctuate, here is a list of leading forex brokerages recognized for providing competitive swap rates on primary currency pairs:
IC Markets : Known for low swap rates on significant pairs like EUR/USD, USD/JPY, and GBP/USD.
Pepperstone : Provides advantageous swap rates for well-known primary currency pairs like EUR/USD, USD/JPY, and AUD/USD.
XM : Provides competitive swap rates for significant pairs such as EUR/USD, GBP/USD, and USD/JPY.
AvaTrade: Renowned for offering appealing swap rates for primary currency pairs such as EUR/USD, USD/JPY, and GBP/USD.
RoboForex: Offers some of the lowest swap rates in the industry for significant pairs such as EUR/USD, USD/JPY, and AUD/USD.
It's crucial to remember that swap rates are subject to fluctuations, and traders who are actively engaged in the market should verify the latest swap rate information for primary currency pairs by contacting the brokers directly or consulting their official websites. When selecting a forex broker, traders should consider other factors such as spreads, commissions, and overall trading conditions.
Swap rates can vary among forex brokers due to several factors. Firstly, each best forex broker has its own fee structure and calculation methodology for swap rates. While the underlying principle remains the same (reflecting the interest rate differentials between the currencies), best forex brokers may add their markups or adjust the rates. It can result in variations in the swap rates offered.
Secondly, brokers may have more trading accounts or relationships with liquidity providers and financial institutions, influencing their offer rates. Brokers with stronger relationships or higher trading volumes may negotiate more favourable rates and pass on the benefits to their clients.
Market conditions and the traded currency pair can also impact swap rates. As interest rates fluctuate and market dynamics change, brokers may adjust their swap rates accordingly. Economic events, central bank decisions, and geopolitical factors can all contribute to fluctuations in swap rates among brokers.
Lastly, the competitiveness of the broker itself plays a role. Some brokers may prioritize offering lower swap rates to attract and retain clients, while others may focus on other aspects, such as spreads or more advanced trading tools.
Yes, swap rates can change over time. Various factors influence swap rates, including interest rate differentials, economic indicators, and market conditions. Central bank decisions and geopolitical events can also impact swap rates. As these factors change, swap rates can fluctuate, leading to adjustments in overnight financing costs for holding open positions in forex trading.
Yes, forex brokers offer no-swap or Islamic forex trading accounts specifically designed for traders who follow Islamic principles, where overnight swaps are not charged. Below, you'll find concrete and real-world illustrations of forex trading brokers that provide such account options:
IC Markets: IC Markets provides Islamic accounts that operate without swap charges for significant pairs like EUR/USD, USD/JPY, GBP/USD, and other popular currency pairs.
RoboForex: RoboForex provides swap-free accounts for significant pairs, catering to traders who prefer Islamic accounts without swap charges.
AvaTrade: AvaTrade offers Islamic accounts for significant currency pairs, including EUR/USD, USD/JPY, and GBP/USD, where no overnight swap fees are charged.
Pepperstone: Pepperstone provides Islamic accounts aligned with Shariah principles, enabling traders to trade in significant currency pairs without incurring swap fees.
Traders interested in copy trading in no-swap or Islamic accounts should carefully review the specific terms and conditions of standard accounts with each broker, as the availability of these accounts, currency pairs, and any associated fees may vary. Choosing a reputable broker that aligns with individual trading preferences and adheres to Islamic principles is essential.
The calculation typically involves considering the central bank interest rates of each coin. Here's a general overview of how forex brokers calculate swap rates:
Identify the currency pair: The broker determines the specific currency pair for which the swap rate needs to be calculated.
Obtain interest rate differentials: The broker gathers the current interest rates for the two currencies in the pair. These rates can be obtained from various sources, including central banks.
Adjustments and markups: Brokers may apply adjustments or markups to the raw interest rate differentials to cover their costs and earn a profit. These adjustments can vary among brokers and may be influenced by market conditions and competitive offerings.
Time factor: Swap rates are typically quoted as an annual percentage rate. Brokers divide the annual rate by the number of trading days yearly to determine the daily swap rate.
Conversion to account currency: The swap rate is converted to the trader's currency based on the prevailing exchange rate.
It's important to note that different brokers may vary their calculation methodologies and adjustment factors, leading to slight differences in swap rates offered.
Yes, swap rates can differ between long and short positions in forex trading. Here's how swap rates can vary:
Long Positions: When traders go long or buy a currency pair, they believe in the base currency and sell the quote currency. In this case, the trader borrows the quoted and base currencies.
Short Positions: Conversely, when a trader goes fast or sells a currency pair, they sell the base currency and buy the quote currency. Here, the trader is borrowing the base currency and lending the quote currency. The swap rate for a short position is also based on the interest rate differential between the currencies. Still, it may have a different sign, as the trader may receive or pay more than an extended position.
Therefore, swap rates can vary depending on the direction of the trade (long or short) and the specific interest rate differentials associated with the currency pair being traded. Traders should consider these differences when factoring in swap costs for their positions.
Multiple variables can potentially impact the swap rates associated with primary forex currency pairs. Consider these crucial elements:
Higher interest rate differentials typically result in higher swap rates.
Central Bank Policies: Monetary policy decisions and actions central banks take can impact interest and swap rates. Changes in policy rates, such as interest rate hikes or cuts, can influence swap rates for significant pairs.
Market Conditions: Market dynamics, including supply and demand for specific currencies, can affect swap rates. Economic indicators, geopolitical events, and market sentiment can influence currency prices and interest rate expectations, impacting swap rates.
Liquidity Providers: Forex brokers rely on liquidity providers, such as banks and financial institutions, to execute trades and access competitive swap rates. The relationships and agreements with these liquidity providers can influence the swap rates brokers offer.
Broker Markup: Brokers may add adjustments or markups to swap rates, which can vary among brokers. These markups help cover the broker's costs and profit margins and can result in differences in swap rates.
Market Volatility: Periods of high volatility can impact swap rates, particularly during significant economic events or news releases. Increased uncertainty and volatility can lead to wider spreads and higher swap rates.
Traders should keep themselves well-informed regarding these variables and closely watch shifts in interest rates, central bank strategies, and market dynamics to evaluate potential implications on swap rates for primary currency pairs.
In addition to trading fees due to swap rates, forex brokers may charge other costs related to trading forex. These fees can include spreads (the difference between the buying and selling prices), commissions (a percentage of the trade value), and overnight financing charges. Traders should carefully review a broker's fee structure to understand the total cost of trading, including swap fees, before choosing a forex broker.
Forex brokers vary in transparency regarding swap rates for significant pairs. Some brokers provide detailed information about their swap rates on their websites or trading platforms, allowing traders to access this information efficiently. Others may require traders to contact customer support or refer to account documentation. Traders must choose brokers that provide clear and transparent information regarding swap rates to make informed trading decisions. Take note of these extra charges that traders should be mindful of:
Admin Fees: Some brokers may charge administrative fees for managing and processing swap transactions. These fees can vary among brokers and may be applied on a per-trade basis or as a flat fee.
Rollover Fees: Rollover fees, or rollover costs or financing charges, are incurred when a position is held open overnight and a swap is applied. These fees can be based on the position size and the applicable swap rate.
Triple Swaps: Triple swaps, also known as triple rollovers, are charges that can occur when positions are held open over the weekend. Since the forex market is closed on weekends, brokers may charge a higher swap rate to account for the extended holding period.
Spread Markups: While not directly a fee associated with swap rates, brokers may widen the spreads on currency pairs with higher swap rates. It indirectly affects trading costs, as traders may pay higher spreads when executing trades in such pairs.
It's essential for traders to carefully review the fee structures and terms and conditions provided by brokers regarding swap rates to understand any additional costs associated with holding positions overnight or over the weekend.
Indeed, swap rates may differ among the primary currency pairs in forex trading. Here's why swap rates may vary:
Central Bank Policies: Each currency has policies and interest rate decisions. These policies vary based on inflation, economic growth, and monetary policy objectives. Consequently, the interest rate differentials between currency pairs can differ, resulting in varying swap rates.
Market Perception and Demand: Market participants' expectations and demand for different currency pairs can also impact swap rates. Currency pairs considered more desirable or in higher demand may have lower swap rates, while those with lower demand may have higher swap rates.
Liquidity and Trading Volumes: Specific currency pairs' liquidity and trading volumes can influence swap rates. Currency pairs with higher liquidity and trading volumes may have more competitive swap rates due to increased market efficiency and accessibility.
Economic and Geopolitical Factors: Economic indicators, geopolitical events, and market sentiment can impact individual currencies differently. These elements have the potential to induce shifts in expectations regarding interest rates and exert an impact on swap rates for various primary forex currency pairs.
Traders should consider the specific swap rates for each currency pair they trade and assess how these rates align with their trading strategies and objectives. Remaining informed about the most recent interest rate disparities and the ever-evolving market conditions is crucial, as these factors influence swap rates for various primary currency pairs.
Swap rates are typically determined by the broker's pricing model and the prevailing market conditions. While it may not be possible to negotiate swap rates directly with forex brokers, traders can compare rates among different brokers and choose the one that offers the most favourable terms. Some brokers may also offer specialized account types, such as swap-free broker full-free accounts, which can provide alternative options for traders seeking to avoid or minimize swap charges.
Yes, swap rates can impact trading strategies for significant pairs, particularly those holding positions open for extended periods, such as carry trading. Traders who aim to benefit from interest rate differentials may consider swap rates as part of their overall strategy. Favorable swap rates can contribute to overall profitability, while negative swap rates may reduce potential gains. Traders should carefully analyze the impact of swap rates on their trading strategies.
Regulatory limitations may apply to swap rates concerning primary forex currency pairs in forex trading. The extent and nature of these restrictions may vary depending on the jurisdiction and regulatory framework governing the forex market. Here are several essential aspects to take into account:
Regulatory Authorities: Regulatory bodies such as the Commodity Futures Trading Commission (CFTC) in the United States and the National Futures Association (NFA) impose regulations on the forex market. These regulations protect investors, ensure fair practices, and maintain market integrity.
Fair and Transparent Pricing: Regulators often require brokers to provide honest and transparent pricing to their clients, including swap rates. Brokers must disclose their swap rate calculation methodology and any associated fees.
Maximum Allowable Spreads: In some jurisdictions, regulators may limit the top spreads that brokers can charge, indirectly affecting the swap rates offered.
Sharia Compliance: Specific regulations regarding swap rates for Islamic forex accounts may exist in regions with a significant Islamic population. These regulations ensure compliance with Sharia law, which prohibits the payment or receipt of interest.
Consumer Protection: Regulatory frameworks often emphasize consumer protection, ensuring that brokers act in the best interests of their clients. It includes providing accurate and transparent information about swap rates and associated risks.
Traders should familiarize themselves with the regulatory landscape of their jurisdiction and choose regulated brokers who adhere to the established guidelines. Regulatory restrictions aim to create a more transparent and secure trading environment for forex market participants.
Traders can find up-to-date information on swap rates for major pairs by referring to the trading platforms or websites of forex brokers. Many brokers provide real-time swap rate information for each currency pair they offer. Additionally, financial news websites, forums, and other online trading communities dedicated to forex trading can provide insights into current swap rates and market trends.
While low-swap forex brokers may offer favourable swap rates, traders should carefully consider the overall cost structure and risks associated with trading. Low swap rates alone do not guarantee profitability or low forex fees, and traders should assess other factors such as spreads, commissions, and the quality of the trading platform and customer support. Choosing a reputable and reliable broker that provides a transparent and fair trading environment is essential.
Choosing a low-swap forex broker for significant currency pairs has pros and cons that traders should consider carefully. Here's an overview of the advantages and disadvantages:
Cost Savings: Opting for a low-swap forex broker can lower financing costs for overnight positions. It can be particularly beneficial for long-term traders or those who frequently hold positions for extended periods.
Enhanced Profitability: Lower swap rates can increase profitability, especially with successful trading strategies. Minimizing swap costs can help traders retain more of their profits.
Reduced Trading Costs: Lower swap rates can contribute to reduced trading costs, which is especially valuable for active traders or those executing a high volume of trades.
Flexibility for Carry Trades: Carry trades involve capitalizing on interest rate differentials between currency pairs. A low-swap broker allows traders to carry trade opportunities with reduced financing costs.
Potentially Wider Spreads: Some low-swap brokers may widen their spreads or charge higher commissions to compensate for lower swap rates. It can impact trading costs, especially for short-term traders who rely on tight spreads.
Limited Broker Options: Low-swap brokers may be relatively fewer in number compared to brokers with standard swap rates. Traders might have a narrower selection when choosing a low-swap broker.
Trading Restrictions: Some low-swap brokers may impose certain restrictions or limitations on trading strategies or account types. Traders should carefully review the terms and conditions to ensure their trading preferences align with the broker's offerings.
The trade-off with Other Services: It's important to evaluate whether a low-swap broker meets other essential requirements, such as reliable execution, robust trading platforms, quality customer support, and a wide range of trading instruments. Traders should assess whether the low-swap feature compromises other crucial aspects.
When considering a low-swap forex broker for significant pairs, traders should weigh the potential cost savings and enhanced profitability against trade-offs or limitations. It's crucial to conduct thorough research, compare offerings from different brokers, and align the chosen broker with individual trading preferences and objectives.
Forex brokers with reduced swap rates might present competitive spreads for primary currency pairs, although this can differ from one broker to another. Traders should carefully compare the spreads different brokers offer to ensure they get competitive pricing. It's important to note that while low spreads can be beneficial, they should be evaluated in conjunction with other factors, such as swap rates and the overall quality of the trading environment.
Low-swap forex and no-swap brokers for major pairs offer different approaches to handling overnight financing costs. A low-swap broker aims to provide favourable swap rates for traders, reducing the impact of overnight financing on trading profits. In contrast, a no-swap broker, such as a broker offering Islamic or swap-free accounts, eliminates swap charges and adheres to specific religious or ethical principles. Traders should consider their individual preferences and requirements when choosing between these options.
Yes, swap rates can impact the profitability of forex trades in significant pairs. Favorable swap rates can contribute to overall profits, while negative swap rates may erode potential gains. Traders who hold positions open for extended periods should consider the impact of swap rates on their overall trading strategy and profitability calculations.
Various methods exist to prevent or reduce swap fees associated with primary currency pairs in forex trading. Consider these trading approaches that traders can explore:
Same-Day Closing: By closing positions before the end of the trading day, traders can avoid incurring overnight swap charges altogether. This approach requires monitoring positions closely and ensuring timely closures.
Hedging Techniques: Traders can use hedging techniques, such as opening opposing positions in correlated currency pairs, to offset the swap charges. This strategy neutralizes the interest rate differentials between the pairs and minimizes swap costs.
Islamic Forex Accounts, also called swap-free accounts, cater to traders who abide by Sharia law, which forbids the accumulation or payment of interest. These accounts do not incur swap charges, making them suitable for traders looking to avoid swaps.
Shorter-Term Trading: Shorter-term trading strategies like day trading or scalping involve opening and closing positions within the same day. This approach limits the exposure to overnight swap charges.
Opting for brokers known for their reduced swap rates in the forex market can assist in mitigating swap expenses when dealing with primary currency pairs. Traders should compare swap rates among different brokers and choose the one with the most favourable terms.
Traders need to understand the implications of each strategy and consider their individual trading preferences and goals. It's also advisable to consult with a financial advisor or forex expert to determine the most suitable approach for minimizing or avoiding swap charges while aligning with regulatory requirements and trading strategies.
Traders can compare swap rates among forex brokers for major pairs by referring to broker websites, trading platforms, and specialized forex broker comparison websites. These resources provide comprehensive information and technical analysis on swap rates for forex pairs, allowing traders to evaluate and compare rates across different brokers. Additionally, financial news websites and online communities dedicated to forex trading can provide insights and opinions from experienced traders.
Traders can assess the trustworthiness and reliability of a low-swap forex broker for significant currency pairs by considering several factors. Here's how traders can make an informed evaluation:
Regulation: Check all state regulation is still valid and up to date. Good regulators include the United Kindoms Financial Conduct Authority (FCA) or the Australian Securities and Investments Commission (ASIC). Regulation ensures the broker operates within specified guidelines and adheres to strict financial standards.
Reputation and Reviews: Research the broker's reputation by reading reviews and feedback from other traders. Find independent sources that provide insights into the broker's track record, customer satisfaction, and reliability.
Security Measures: A trustworthy and well regulated Forex brokerage offering major currency pair trading must prioritize the safety of its clients' funds and sensitive information.
Transparent Client Policies: Review the broker's policies regarding swap rates, fees, and other charges. Ensure they provide clear and transparent information about their services, including potential limitations or restrictions.
Good Customer Support: Assess the responsiveness and quality of customer support. A reliable broker should offer efficient support channels, such as live chat, email, or phone, to promptly address any queries or concerns.
For traders seeking to avoid swap charges entirely, swap-free forex accounts can be a viable solution. Referred to as Islamic accounts, these financial arrangements are tailored for individuals who follow Sharia law, which strictly forbids the accumulation or disbursement of interest. Swap-free accounts operate by adjusting the trading conditions to comply with Islamic finance principles.
Traders with swap-free accounts do not incur swap charges when holding positions overnight, making them suitable for those with specific religious or ethical considerations. These accounts are typically available for significant currency pairs and are offered by particular brokers known as swap-free account brokers or swap-free forex account providers.
The search for the lowest swap forex brokers for major pairs aims to minimize trading costs and optimize profitability. By reducing swap charges, traders can retain a significant portion of their earnings and better manage their retail investor accounts. The availability of swap-free forex accounts caters to individuals with specific religious or ethical requirements.
We have conducted extensive research and analysis on over multiple data points on Lowest Swap Forex Brokers For Major Pairs to present you with a comprehensive guide that can help you find the most suitable Lowest Swap Forex Brokers For Major Pairs. Below we shortlist what we think are the best Forex Brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Lowest Swap Forex Brokers For Major Pairs.
Selecting a reliable and reputable online Forex Brokers trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Forex Brokers more confidently.
Selecting the right online Forex 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 Forex Brokers trading, it's essential to compare the different options available to you. Our Forex Brokers brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Forex Brokers broker that best suits your needs and preferences for Forex Brokers. Our Forex Brokers broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Forex Brokers.
Compare Forex Brokers brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Forex Brokers broker, it's crucial to compare several factors to choose the right one for your Forex Brokers needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Forex Brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Forex Brokers that accept Forex 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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AvaTrade
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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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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) (000261/4) 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 | 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) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) | 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) |
Min Deposit | 200 | 10 | 50 | No minimum deposit | 5 | No minimum deposit | 100 | 100 | 25 | No minimum deposit | 100 |
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Used By | 200,000+ | 730,000+ | 35,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ | 60,000+ | 7,800,000+ |
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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, 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) | 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) |
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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. 74.12% 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 |
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FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
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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.
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