MiFID Brokers Guide
Updated September 26, 2021
MiFID Brokers
MiFID, or the 'Markets in Financial Instruments Directive' is the European Economic Area's legislative body that regulates the financial markets in the region. All brokers, investment platforms, and firms, along with their activities, are subject to MiFID regulation. In most cases, to be in compliance with MiFID regulation, brokers would be required to be regulated by a country's financial and investment regulatory bodies. Only in this way, can they open offices and operate legally in a country.
There are some requirements for Forex brokers to comply with MiFID regulation. You can also use these as a guide to choose regulated MiFID brokers, before actually starting to trade particular currency pairs.
Full National Compliance
First of all, Forex brokers should fully comply with national regulation to be eligible for MiFID. They must be regulated and licensed to operate in a country within the European Economic Area. If they wish to have a residing office, Forex brokers should have all the necessary licenses. Each country has its own investment regulatory bodies to regulate brokers and traders. MiFID requires Forex brokers' national licenses and exposure to be displayed by their existing office.
At this point, you should realize that not all nationally-regulated brokers are simply Forex brokers. Even though MiFID may have more general requirements, brokers still have to comply with them in order to be regulated. However, many countries in the European Economic Area have used MiFID as guidance, and a reference to establish their own domestic regulation.
Client Categorization
MiFID has a specific requirement for Forex to categorize their clients. Forex brokers need to specify in what segment their service or platform would serve. Even though Forex brokers are willing to serve a diverse range of traders, they would have to specify it for their MiFID regulation. The categories from which Forex brokers can choose include: retail clients, professional clients, and so-called, eligible counterparties.
MiFID has strong reasons to demand this specification to all regulated brokers, so they can provide suitable, yet reliable, service and protection. You may find a manifestation of this regulation in the minimum deposit policy of the brokerage sites.
However, this requirement does not literally restrict brokers from having diverse clients. For example, many professional traders are still trading in retail brokers in favor of their portfolio diversification.
Professional Client Handling
MiFID regulation requires brokers to exhibit a high degree of professionalism when taking care of their clients. There are sets of conducts demanded by the regulator for brokers when trading on their clients' behalf. Brokers should embrace accountability, comprehensiveness, and reliability, when collecting information from their clients. These also reflect the data protection that every broker should provide to investors.
When you're researching brokers, accountability and performance are very important factors to consider. You should recognize how they handle their clients and perform trading on their behalf. MiFID brokers are typically very accommodating in a professional manner.
Transparency
Transparency has become the forefront condition that every broker should meet in order to become an MiFID broker. These brokers should inform all necessary terms and policies to the clients. In all practicality, brokers must disclose information about their service, which includes before and after trading conditions to their customers. It means that all brokers are obligated to be transparent when informing about the kinds of prices in their services, how it works, how it's charged, and all the details.
If you've been researching major brokers, you might have found that those major brokers are highly accountable and transparent in providing necessary data. These include: price levels, times, and volumes of the trades. MiFID requires brokers to showcase transparency on the buy and sell-side, as well as informing and disclosing all necessary data about the best possible bids and offers to their clients.
Reliability
As you might have guessed, all MiFID brokers available online are highly reliable. The regulatory body does a thorough assessment, and strictly demands the high-performance and reliability of brokerage service. When it comes to the client's order, MiFID requires brokers to embrace the best possible execution in a fast and accurate manner. This point of assessment is to filter out scam brokers, that manipulate or take advantage of delay through their service. MiFID wants each order to be settled as quickly and as accurately as possible.
MiFID brokers must have a high-performance platform that can fully cover all the instruments, pairs, and services that they offer. These brokers should guarantee the best possible trading and brokerage services to their clients. In other words, these brokers should only provide services that they can optimally perform. Retail brokers should be able to take care of individual investors needs and preferences.
MiFID Brokers Verdict
As mentioned above, MiFID regulation has covered diverse factors, including: reliability, accountability, transparency, professionalism, and so forth. Despite all the complexities, you can basically use MiFID regulation as a reference to choose the best Forex brokers. You would certainly be safer using MiFID brokers.
We've collected thousands of datapoints and written a guide to help you find the best MiFID Brokers for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best MiFID Regulated Investment Platforms below.
Reputable MiFID Brokers Checklist
There are a number of important factors to consider when picking an online MiFID Regulated Investment Platforms trading brokerage.
- Check your MiFID Regulated Investment Platforms broker has a history of at least 2 years.
- Check your MiFID Regulated Investment Platforms broker has a reasonable sized customer support of at least 15.
- Does the MiFID Regulated Investment Platforms broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your MiFID Regulated Investment Platforms broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your MiFID Regulated Investment Platforms broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your MiFID Regulated Investment Platforms can hire people from various locations in the world who can better communicate in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Our brokerage comparison table below allows you to compare the below features for brokers offering MiFID Regulated Investment Platforms.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below MiFID Regulated Investment Platforms.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 MiFID Regulated Investment Platforms of 2021 compared
Here are the top MiFID Regulated Investment Platforms.
Compare MiFID Regulated Investment Platforms min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are MiFID Regulated Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more MiFID Regulated Investment Platforms that accept MiFID Regulated Investment Platforms clients
| Broker |
eToro
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FXPrimus
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emporiumcapital
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teletrade
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liteforexinvestments
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kawase
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FXCC
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Vinson
|
| Rating | ||||||||
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) | Cyprus Securities and Exchange Commissions (CySec), Markets In Financial Instruments Directive (MiFID), I.C.F. Investors Compensation Fund (CIFS) | Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) | Markets In Financial Instruments Directive (MiFID) | Cyprus Securities and Exchange Commission (CySEC) , Markets In Financial Instruments Directive (MiFID) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) | Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) |
| Min Deposit | 50 | 100 | 1000 | 100 | 10000 | No minimum deposit | 100 | 200 |
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| Used By | 20,000,000+ | 10,000+ | 2,000+ | 50,000+ | 10,000+ | 10,000+ | 10,000+ | 10,000+ |
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| Platforms | Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps (Ios & Android) | MetaTrader 4 | iPhone/iPad,iOS, | MT4, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps |
| Support |
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| Learn More |
Sign
Up with etoro |
Sign
Up with fxprimus |
Sign
Up with emporiumcapital |
Sign
Up with teletrade |
Sign
Up with liteforexinvestments |
Sign
Up with kawase |
Sign
Up with fxcentralclearing |
Sign
Up with vinsonfinancials |
| Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | Your capital is at risk | Your capital is at risk | Your capital is at risk | Your capital is at risk | Your capital is at risk | Losses can exceed deposits |
| Demo |
eToro Demo |
FXPrimus Demo |
Emporium Capital Demo |
TeleTrade Demo |
Lite Forex Investments Demo |
Kawase Demo |
FX Central Clearing Demo |
Vinson Financials Demo |
| Excluded Countries | ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | US, AL, DZ, AS, AD, AO, AI, AQ, AG, AR, AM, AW, AT, AZ, BS, BH, BD, BB, BY, BE, BZ, BJ, BM, BT, BO, BQ, BA, BW, BV, BR, IO, BN, BG, BF, BI, CV, KH, CM, CA, KY, CF, TD, CL, CX, CC, CO, KM, CD, CG, CK, CR, HR, CU, CW, CY, CZ, CI, DK, DJ, DM, DO, EC, EG, SV, GQ, ER, EE, SZ, ET, FK, FO, FJ, FI, FR, GF, PF, TF, GA, GM, GE, DE, GH, GI, GR, GL, GD, GP, GU, GT, GG, GN, GW, GY, HT, HM, VA, HN, HK, HU, IS, IN, ID, IR, IQ, IE, IM, IL, IT, JM, JP, JE, JO, KZ, KE, KI, KP, KR, KW, KG, LA, LV, LB, LS, LR, LY, LI, LT, LU, MO, MG, MW, MY, MV, ML, MT, MH, MQ, MR, MU, YT, MX, FM, MD, MC, MN, ME, MS, MA, MZ, MM, NA, NR, NP, NL, NC, NZ, NI, NE, NG, NU, NF, MP, NO, OM, PK, PW, PS, PA, PG, PY, PE, PH, PN, PL, PT, PR, QA, MK, RO, RU, RW, RE, BL, SH, KN, LC, MF, PM, VC, WS, SM, ST, SN, RS, SC, SL, SG, SX, SK, SI, SB, SO, ZA, GS, SS, ES, LK, SD, SR, SJ, SE, CH, SY, TW, TJ, TZ, TH, TL, TG, TK, TO, TT, TN, TR, TM, TC, TV, UG, UA, AE, GB, UM, UY, UZ, VU, VE, VN, VG, VI, WF, EH, YE, ZM, ZW, AX | KR,IR | US | US |
eToro Risk Disclosure
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. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results.
Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.
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.
All MiFID Regulated Investment Platforms in more detail
You can compare MiFID Regulated Investment Platforms 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 MiFID Regulated Investment Platforms for 2021 article further below. You can see it now by clicking here
We have listed top MiFID Regulated Investment Platforms below.
MiFID Brokers Table of Contents
- MiFID Brokers Explained
- 6 Factors to Consider when Choosing MiFID Brokers
- Are Your MiFID Brokers Trusted And Established?
- Are The MiFID Brokers World Leading?
- What are the MiFID Brokers Commissions and Fees?
- What are the MiFID Brokers Funding and Withdrawl Methods?
- Find MiFID Brokers with Round-the-clock support?
- Make sure the MiFID Brokers Offer Comprehensive Trader resources?
- Why MiFID Brokers needs to be regulated?
- MiFID Brokers FAQ
- What are the best MiFID Regulated Investment Platforms brokers?
- What is the best MiFID Regulated Investment Platform broker?
- Related MiFID Brokers Reviews
- Related MiFID Brokers Alternatives
- Related MiFID Brokers Comparisons
MiFID Brokers Explained
Trading the financial markets with MiFID Brokers when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for MiFID Brokers is the platform that a MiFID Brokers offer.
Choose MiFID Brokers that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need MiFID Brokers that you can rely on.
6 Factors to Consider when Choosing MiFID Brokers
Follow these five rules for selecting a broker that's right for you:
Are Your MiFID Brokers Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated MiFID broker is eToro. Established in 2007, and in operation for 14 years eToro have a head office in Cyprus, UK.
eToro is regulated. This means eToro are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) regulatory bodies.
Another top rated broker is FXPrimus.
FXPrimus was established 2009, and in operation for 9 years FXPrimus have a head office in Cyprus.
FXPrimus is regulated. This means FXPrimus are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) regulatory bodies.
| Broker |
eToro
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FXPrimus
|
emporiumcapital
|
teletrade
|
liteforexinvestments
|
kawase
|
| Year Established | 2007 | 2009 | 2017 | 2008 | 2008 | 2008 |
| Head Office | Cyprus, UK | Cyprus | Cyprus | Cyprus | Marshall Islands | cyprus |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) | Cyprus Securities and Exchange Commissions (CySec), Markets In Financial Instruments Directive (MiFID), I.C.F. Investors Compensation Fund (CIFS) | Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) | Markets In Financial Instruments Directive (MiFID) | Cyprus Securities and Exchange Commission (CySEC) , Markets In Financial Instruments Directive (MiFID) |
| Used By | 20,000,000+ | 10,000+ | 2,000+ | 50,000+ | 10,000+ | 10,000+ |
| Negative balance protection | Yes | No | No | Yes | ||
| Guaranteed Stop Loss | No | No | No | Yes | ||
| Learn More | Visit eToro | Visit FXPrimus | Visit Emporium Capital | Visit TeleTrade | Visit Lite Forex Investments | Visit Kawase |
| Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | Your capital is at risk | Your capital is at risk | Your capital is at risk | Your capital is at risk |
Are The MiFID Brokers World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. eToro Segregates clients funds and offers over 2000 instruments. eToro offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, the eToro platform enables access to a variety of financial markets worldwide. eToro is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for MiFID Brokers is FXPrimus . FXPrimus Segregates clients funds and offers over 130 instruments.
| Broker |
eToro
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FXPrimus
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emporiumcapital
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teletrade
|
liteforexinvestments
|
kawase
|
| Instruments Available | 2000 | 130 | 250 | 221 | 160 | 155 |
| Platforms | Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps (Ios & Android) | MetaTrader 4 | iPhone/iPad,iOS, |
| Excluded Countries | IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR,US, AU, SY, DZ, JP, EC. | AL, DZ, AS, AD, AO, AI, AQ, AG, AR, AM, AW, AT, AZ, BS, BH, BD, BB, BY, BE, BZ, BJ, BM, BT, BO, BQ, BA, BW, BV, BR, IO, BN, BG, BF, BI, CV, KH, CM, CA, KY, CF, TD, CL, CX, CC, CO, KM, CD, CG, CK, CR, HR, CU, CW, CY, CZ, CI, DK, DJ, DM, DO, EC, EG, SV, GQ, ER, EE, SZ, ET, FK, FO, FJ, FI, FR, GF, PF, TF, GA, GM, GE, DE, GH, GI, GR, GL, GD, GP, GU, GT, GG, GN, GW, GY, HT, HM, VA, HN, HK, HU, IS, IN, ID, IR, IQ, IE, IM, IL, IT, JM, JP, JE, JO, KZ, KE, KI, KP, KR, KW, KG, LA, LV, LB, LS, LR, LY, LI, LT, LU, MO, MG, MW, MY, MV, ML, MT, MH, MQ, MR, MU, YT, MX, FM, MD, MC, MN, ME, MS, MA, MZ, MM, NA, NR, NP, NL, NC, NZ, NI, NE, NG, NU, NF, MP, NO, OM, PK, PW, PS, PA, PG, PY, PE, PH, PN, PL, PT, PR, QA, MK, RO, RU, RW, RE, BL, SH, KN, LC, MF, PM, VC, WS, SM, ST, SN, RS, SC, SL, SG, SX, SK, SI, SB, SO, ZA, GS, SS, ES, LK, SD, SR, SJ, SE, CH, SY, TW, TJ, TZ, TH, TL, TG, TK, TO, TT, TN, TR, TM, TC, TV, UG, UA, AE, GB, UM, UY, UZ, VU, VE, VN, VG, VI, WF, EH, YE, ZM, ZW, AX | |||
| Forex pairs offered | 50 | 45 | 60 | 60 | ||
| Forex pairs offered | 50 | 45 | 60 | 60 | ||
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | No | No |
| Exotic forex pairs | Yes | Yes | Yes | Yes | No | No |
| Cryptocurrencies (availability subject to regulation) | Yes | No | No | Yes | No | No |
| Commodities Offered | 31 | 0 | 0 | 10 | 0 | 0 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | Yes | Yes | Yes |
| Agricultural | Yes | No | Yes | No | Yes | Yes |
| Stocks Offered | 2042 | 60 | 100 | 200 | ||
| UK Shares | Yes | Yes | No | Yes | Yes | Yes |
| US Shares | Yes | Yes | Yes | Yes | No | No |
| German Shares | Yes | No | No | No | No | No |
| Japanese Shares | Yes | No | No | No | No | No |
What are the MiFID Brokers Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated MiFID broker eToro offers competitive offers for Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF). eToro minimum deposit is 50.
Another top rated MiFID broker FXPrimus offers Forex, Social Trading. FXPrimus minimum deposit is 100. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
eToro
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FXPrimus
|
emporiumcapital
|
teletrade
|
liteforexinvestments
|
kawase
|
| Min Deposit | 50 | 100 | 1000 | 100 | 10000 | 0 |
| Withdrawl Fees | Yes | Varies | varies | varies | varies | $10 |
| Inactivity Fees | Yes | No | No | Yes | ||
| Deposit Fees | No | Varies | No | No | ||
| CFD Commission Fees | Yes | No | Yes | No |
What are the MiFID Brokers Funding and Withdrawal Methods?
When dealing with MiFID Brokers having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
eToro
|
FXPrimus
|
emporiumcapital
|
teletrade
|
liteforexinvestments
|
kawase
|
| Bank transfer | Yes | Yes | Yes | No | No | Yes |
| Credit Cards | Yes | Yes | Yes | No | No | Yes |
| Paypal | Yes | No | No | No | No | No |
| Skrill | Yes | No | No | Yes | No | Yes |
| Payoneer | No | Yes | No | No | No | No |
| Neteller | Yes | Yes | No | Yes | No | Yes |
Find MiFID Brokers with Round-the-clock support?
Customer service is very important when dealing with MiFID Brokers.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
MiFID Brokers customer support can include Phone answering services, Live chat support and Email customer service support.
eToro support a wide range of languages including English, German, Spanish, French, Italian
FXPrimus support a wide range of languages including English, Spanish, Indonesian, Chinese, Thai, Vietnamese, Hungarian, and Malaysian
eToro and FXPrimus offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
eToro
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FXPrimus
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emporiumcapital
|
teletrade
|
liteforexinvestments
|
kawase
|
| Support |
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| Languages | English, German, Spanish, French, Italian | English, Spanish, Indonesian, Chinese, Thai, Vietnamese, Hungarian, and Malaysian | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian |
| Learn More | Visit eToro | Visit FXPrimus | Visit Emporium Capital | Visit TeleTrade | Visit Lite Forex Investments | Visit Kawase |
| Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | Your capital is at risk | Your capital is at risk | Your capital is at risk | Your capital is at risk |
Make sure the MiFID Brokers Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, eToro and FXPrimus work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why MiFID Brokers needs to be regulated?
A regulated MiFID broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
MiFID brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
MiFID Brokers List
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. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results.
Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile apps (Ios & Android)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MetaTrader 4Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
iPhone/iPad,iOS,Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
