Top Mifid Brokers for 2020

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 2006, and in operation for 12 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) regulatory bodies.

Another top rated broker is Pepperstone.

Pepperstone was established 2010, and in operation for 8 years Pepperstone have a head office in Australia.

Pepperstone is regulated. This means Pepperstone are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.

Broker	eToro	Pepperstone	Plus500	AvaTrade
Year Established	2006	2010	2008	2006
Head Office	Cyprus, UK	Australia	Israel	The British Virgin Islands
Regulation	Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)	Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)	Financial Conduct Authority (FCA), FCA FRN 509909, Cyprus Securities and Exchange Commission (CySEC), CySEC cLicense No. 250/14	Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI)
Used By	12,000,000+	10,000+	15,500+	200,000+
Negative balance protection	No	Yes	Yes	No
Guaranteed Stop Loss	No	No	No	No
Learn More	Visit eToro	Visit Pepperstone	Visit Plus500	Visit AvaTrade
Risk Warning	62% of retail investor accounts lose money when trading CFDs with this provider. You should consider 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. 73.6% 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	76.4% of retail CFD accounts lose money	Losses can exceed deposits

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 100 instruments. eToro offers both an online trading platform as well as a mobile platform giving clients easy access to markets.

In addition, eToro supports many popular third-party trading platforms enabling access to a variety of markets worldwide that can be traded with the assistance of expert advisors or a customizable automatic trading strategy. 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 Pepperstone . Pepperstone Segregates clients funds and offers over 100 instruments.

Broker	eToro	Pepperstone	Plus500	AvaTrade
Instruments Available	100	100	2,000	250
Platforms	Web Trader, Tablet & Mobile apps	MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps	Web Trader, Tablet & Mobile apps	MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps
Excluded Countries	US, IR, KP, BE, CA, JP, SY, TR, IL	KR, IR, IQ, SY, JP,US	BE, US, CA ,CN, SG, ID, PH	BE, BR, KP, NZ, TR, US, CA, SG
Forex pairs offered	50	70	100	80
Forex pairs offered	50	70	100	80
Major forex pairs	Yes	Yes	Yes	Yes
Minor forex pairs	Yes	Yes	Yes	Yes
Exotic forex pairs	Yes	Yes	Yes	Yes
Cryptocurrencies	Yes	Yes	Yes	Yes
Commodities Offered	0	16	17	16
Metals	Yes	Yes	Yes	Yes
Energies	Yes	Yes	Yes	Yes
Agricultural	Yes	No	Yes	Yes
Stocks Offered	957	60	1816	99
UK Shares	Yes	No	Yes	Yes
US Shares	Yes	No	Yes	Yes
German Shares	Yes	Yes	Yes	Yes
Japanese Shares	Yes	No	Yes	Yes

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 CFDs, Social Trading. eToro minimum deposit is 200.

Another top rated Mifid broker Pepperstone offers Forex, CFDs, Social Trading. Pepperstone minimum deposit is 200.

Broker	eToro	Pepperstone	Plus500	AvaTrade
Min Deposit	200	200	100	250
Withdrawl Fees	Yes	No	No	No
Inactivity Fees	Yes	Yes	Yes	No
Deposit Fees	No	No	No	No
CFD Commission Fees	No	Yes	No	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	Pepperstone	Plus500	AvaTrade
Bank transfer	Yes	Yes	Yes	Yes
Credit Cards	Yes	Yes	Yes	Yes
Paypal	Yes	Yes	Yes	Yes
Skrill	Yes	Yes	Yes	No
Payoneer	Yes	Yes	No	Yes
Neteller	Yes	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, and Italian

Pepperstone support a wide range of languages including English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic

eToro and Pepperstone offer support where clients are able to call or contact the helpdesk via email or a chat service.

Broker	eToro	Pepperstone	Plus500	AvaTrade
Support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support
Languages	English, German, Spanish, French, and Italian	English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic	English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese	English, Italian, German, French, Greek, and Hebrew
Learn More	Visit eToro	Visit Pepperstone	Visit Plus500	Visit AvaTrade
Risk Warning	62% of retail investor accounts lose money when trading CFDs with this provider. You should consider 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. 73.6% 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	76.4% of retail CFD accounts lose money	Losses can exceed deposits

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 Pepperstone 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 do Mifid Brokers need 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 FAQ

What are the best Mifid brokers?

The best Mifid brokers that are regulated are

• eToro rated 4/5
• Pepperstone rated 4/5
• Plus500 rated 4/5
• AvaTrade rated 3/5
• Admiral Markets rated 4/5
• CFI Markets rated 3/5

What is the best Mifid broker?

The best Mifid broker is eToro. We consider eToro one of the best Mifid brokers because eToro is actively used by over 12000000 active traders. eToro ia regulated by tier 1 financial regulators including Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC). eToro were founded in 2006 and have a headquarters in Cyprus, UK. You can open a live trading account with eToro with as little as a 200 min deposit.

Related Mifid Brokers Reviews

Read our reviews on our Mifid Brokers listed above. You can read our indepth Mifid Brokers reviews below.

• eToro Review
• Pepperstone Review
• Plus500 Review
• AvaTrade Review
• Admiral Markets Review
• CFI Markets Review

Related Mifid Brokers Alternatives

If you feel some of the above Mifid Brokers are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Mifid Brokers alternatives below.

• eToro Alternatives
• Pepperstone Alternatives
• Plus500 Alternatives
• AvaTrade Alternatives
• Admiral Markets Alternatives
• CFI Markets Alternatives

Related Mifid Brokers Comparisons

You can read some of our Mifid Brokers comparisons. We compare side by side some of our top rated Mifid Brokers . Read some Mifid Brokers VS pages below.

• eToro vs XTB
• eToro vs ICMarkets
• eToro vs Trading212
• Pepperstone vs eToro
• Pepperstone vs XTB
• Pepperstone vs ICMarkets
• Plus500 vs eToro
• Plus500 vs XTB
• Plus500 vs ICMarkets
• AvaTrade vs eToro
• AvaTrade vs XTB
• AvaTrade vs ICMarkets
• AdmiralMarkets vs eToro
• AdmiralMarkets vs XTB
• AdmiralMarkets vs ICMarkets
• CFIMarkets vs eToro
• CFIMarkets vs XTB
• CFIMarkets vs ICMarkets