We found 11 online brokers that are appropriate for Trading Negative Balance Protection.
Negative Balance Protection (NBP) is a safety feature offered by some financial services, like brokers or banks. It's like a safety net for your account. Imagine you're trading or investing and things don't go as planned, and you end up losing more money than you actually have in your account.
Without Negative Balance Protection, you would owe the extra money lost. But with this protection, you won't owe more than what you had in your account. It's like a guarantee that you won't end up in debt from trading losses. It's really helpful for keeping your finances safe.
Stock and foreign exchange trade can bring in a lot of profit, but they are rampant with attendant risks. Conditions emerge where market volatility prevents an individual from keeping their account balanced. Using standard tools is possible to safeguard yourself from ending up with a negative balance.
To put it briefly, negative balance protection pertains to a safety measure by brokerage companies to protect their clients.
A more detailed description would be that negative balance protection is a safety measure acquired by brokerage companies to protect their customers. This type of policy guarantees that traders will not lose more money than their initial deposit if their account ends up negative due to their trading activity. That means that if a trader goes with a brokerage company with negative balance protection as an option, the trader will not owe any money to the company if they end up making a bad trading decision.
IC Markets, RoboForex, eToro, XTB, and XM. All brokers that are regulated by the FCA in the UK.
Looking for a broker providing reputable negative protection can be tricky because the broker must also suit your other trading needs such as a good selection of tradable financial instruments, funding and withdrawal options, regulation and customer service requirements.
Identifying the premier negative balance protection trading platforms requires a nuanced understanding of both essential and specialized features that distinguish the leading brokerages. It's imperative that these platforms not only offer robust security measures but also align with your unique trading needs. The hallmark of a superior negative balance protection broker is the seamless integration of industry-leading safety protocols.
For the discerning trader focusing on negative balance protection, IC Markets stands out with its arsenal of advanced trading platforms such as MT4, MT5, cTrader, and TradingView. These platforms are supported by a highly efficient infrastructure, ensuring minimal latency for negative balance protection trades and boasting impressive execution speeds averaging 40ms. IC Markets excels in offering tight spreads, a diverse product range covering from Forex to cryptocurrencies, and is particularly suited to experienced traders, including scalpers and day traders. The availability of free low latency VPS and sophisticated trading automation options further enhances its appeal for negative balance protection trading. With daily processing of over 29 billion in currency trades and strict regulation, IC Markets maintains a high level of trust and efficiency with traders.
RoboForex caters to the experienced trader with a penchant for high leverage and competitive spreads, starting at virtually zero. Its micro account option allows for trading in increments as small as 0.01 lots, making it ideal for both large and small scale traders. The platform supports a variety of interfaces including MT4 and MT5, along with adaptable web, desktop, and mobile platforms, perfectly suited for traders on the move. RoboForex is a haven for traders who value customization, offering features such as EA scripting and high leverage options, albeit with the associated higher risk. Its intuitive design and swift execution capabilities make it a prime choice for traders looking to capitalize on quick market movements across a diverse array of trading instruments.
eToro distinguishes itself by seamlessly integrating social trading with traditional trading features, offering a unique platform for those interested in leveraging the knowledge and strategies of established traders. With a community of over 30 million users, eToro boasts a vibrant and engaging environment. The platform is particularly appealing for those who prioritize user-friendly interfaces and a sense of community among traders. Regulated by both CySEC and FCA, eToro provides a secure and regulated environment for negative balance protection trading.
XTB is a standout choice for those who delve deeply into market analysis and value a rich array of research tools. Its educational resources are exceptional, making it an ideal platform for both novice traders and seasoned professionals looking to refine their strategies. With regulations from FCA and CySEC, XTB ensures a compliant and secure trading environment, offering peace of mind to its users.
XM stands out for its unparalleled customer support and a wide array of trading options. Whether your focus is on negative balance protection or exploring other asset classes, XM provides a comprehensive suite of options. The emphasis on customer support and diversity in offerings makes XM a preferred choice for traders who value a supportive trading environment. With oversight from ASIC, CySEC, and IFSC, XM is committed to maintaining high regulatory standards.
Diverse trading preferences and requirements mean that no single negative balance protection broker can fulfill all demands. It may be necessary to research and engage with multiple platforms, depending on your trading requirements. Fortunately, the market offers a plethora of regulated negative balance protection brokers, boasting a wide range of options for both newcomers and experienced traders. Prioritizing brokers regulated by top-tier European authorities is advisable to ensure both security and credibility in your trading endeavors.
An important factor that must never be when looking for a broker is their reputation and operational history. It is best to go with a broker having a solid financial history. Avoid brokers who unnecessarily hold on to your funds.
A way you can do this is to do a lot of research online to figure out what other users have to say about the broker you are eyeing. By going through their reviews, you could come across many things, e.g., their slip-ups, financial regulator sanctions, and lawsuits.
Make sure that your chosen broker is licensed and regulated under a reputable supervisory body or commission. Check where the broker is based because different authorities have their requirements regarding financial registration.
Regulation and licensing offer the required insurance in the face of financial problems and fraud that the broker might encounter. Such regulatory requirements make brokers need to store client funds and their own in separate accounts.
Look into what funding procedures a broker provides and whether any minimum withdrawal and deposit requirements are involved. Although many brokers enable traders to place funds in their accounts via bank cheques, credit cards, and wire transfers, it is still best to check whether they have favorable policies. It is best to seek a broker offering fast, smooth, hassle-proof withdrawal and deposit times.
Please note that the specifics of these negative balance protection broker regulations can vary and it’s always a good idea to check the latest updates from the respective regulatory bodies and which regulator your live trading account is protected by.
Financial Conduct Authority (FCA), UK: The FCA has informed FCA-regulated firms of the necessary provisions to meet larger capital requirements under the ESMA’s no-negative balance rules1. Firms that are not willing to commit to a negative balance protection policy and guaranteed Stop Losses are required to cover potential risks using their own capital.
United Kingdom's financial regulator FCA has asked all the firms under its regulation to meet the Negative Balance Protection or, at the very least, cover a certain degree of potential exposure risk occurred by investing traders.
In 2019, the FCA revealed its measures meant to protect the funds of retail investors. Negative balance protection happened to be one of the announced measures.
They revealed restrictions on CFDs (foreign exchange rolling spot included), and CFD-centric options are similar to the ESMA. This fact does not come as a surprise considering the United Kingdom was still a part of the EU.
The regulation applies to all MiFID (or Markets in Financial Instruments Directive) investment companies that market, supply, or sell CFDs or other similar options. Under said regulation, traders can't lose more money than they already have in their accounts.
The supervisory body further elaborated that the funds in a trader's account are particularly meant for regulated speculative investments. That involves funds in the account and any dormant net income from open positions.
However, it does not involve funds and other assets in the trader's account that are not meant for trading in regulated speculative investments.
United Kingdom's financial regulator FCA has asked all the firms under its regulation to meet the Negative Balance Protection or, at the very least, cover a certain degree of potential exposure risk occurred by investing traders.
In July 2019, the FCA revealed its measures meant to protect the funds of retail investors. Negative balance protection happened to be one of the announced measures.
European Securities and Markets Authority (ESMA): The European Securities and Markets Authority, often referred to as ESMA, has a specific approach when it comes to safeguarding traders from falling into a financial quagmire. Their concept of negative balance protection is tailored to the account as a whole, rather than individual transactions. This means that the protective net is cast wide across the entirety of one's Contracts for Difference (CFD) portfolio, ensuring that your account doesn't end up owing more than it holds, regardless of the ups and downs in individual trades.
As someone who's navigated the financial waters for a fair share of time, let's chat about how the Cyprus Securities and Exchange Commission (CySEC) ensures you're safeguarded against the treacherous tides of negative balances, especially when leveraging positions with brokers. CySEC mandates that brokers enforce Negative Balance Protection individually for each account you hold. This means if you're juggling multiple leveraged bets through the same broker, they've got a protocol in place where one position could potentially offset the other. This clever mechanism is designed to prevent both of your accounts from plunging into the red simultaneously.
The Cyprus Securities and Exchange Commission (or CySEC) is a supervisory body that oversees collateral transactions, the investment services marketplace, and the investment and funds management sector of the Republic of Cyprus. It was considered ahead of its time compared to ESMA and other regulatory bodies, establishing negative balance protection in November 2016. The regulator elaborated further in September 2017 that the safeguard would be applicable on a per-account basis. For instance, if a trader has two separate leveraged positions with just one foreign exchange broker, in that case, the funds in a position be utilized to make up for the negative balance induced by another position. The trading account, in its entirety, however, will not go into the negatives. Being involved with the EU, Cyprus regulations aligned with ESMA regulations considering retail investor security (rules of NBP included) when they entered into force. In September 2019, the CySEC released a separate legislation, making the ESMA limitations on CFD trade permanent.
This means funds from other accounts can be used to cover the negative balance if multiple accounts are opened at the same broker but with different leveraged positions.
Negative Balance Protection Brokers List All the brokers listed in this article have trading accounts that come with Negative Balance Protection. With negative balance protection, your account balance cannot go beyond zero. Meaning there will be no loss beyond the deposited amount.
Negative balance protection rose to popularity after the Swiss-franc crisis in 2015. It was the year the Swiss National Bank ceased trading its domestic currency against the Euro at fixed rates. What came after that was a prompt strengthening of the national currency against the Euro. The result of the absence of a Negative Balance Protection policy back then was that some retail traders and investors suddenly owed large amounts of cash to their brokers, which often exceeded their present resources. To end such an occurrence, you and your chosen broker must consider how to address the problem. What negative balance protection does is it transfers the responsibility for the losses to your broker.
Negative Balance Protection is crucial because it acts as a financial safeguard for investors and traders, particularly those engaged in high-risk markets like Forex or CFDs (Contracts for Difference). These markets are volatile and leverage (using borrowed money to invest) can amplify both gains and losses.
Without Negative Balance Protection, if the market moves sharply against you, not only could you lose all the money in your account, but you could also end up owing additional funds to your broker. This scenario can be financially devastating, especially for individual traders who might not have the means to cover such losses.
If you, as a trader, hold a leveraged long position, you could risk losing a lot more than your initial deposit. You could end up in a position where you would have to pay all your debt back to your chosen broker. Negative balance protection only readjusts your account balance to zero.
This type of protection is important for several reasons:
Risk Management: It helps traders manage risk. Knowing you can't lose more than your account balance provides peace of mind and allows for more controlled trading strategies.
Debt Prevention: It prevents traders from falling into debt due to trading activities. This is especially crucial for retail investors who might not fully understand the risks of leverage.
Encourages Responsible Trading: It promotes more responsible trading practices. Traders are more likely to consider the risks and trade within their means.
Market Confidence: It increases confidence in the financial markets. Investors are more likely to participate if they know there's a cap on potential losses.
Regulatory Compliance: In many jurisdictions, regulatory bodies have started mandating Negative Balance Protection to protect consumers, which makes it a standard practice in responsible financial services.
Imagine you have a trading account with $10,000 in it, and you are actively trading in the foreign exchange (Forex) market.
Let's say you have $10,000 in your trading account, and you decide to trade EUR/USD with a leverage of 50:1. This means you can control a position size of up to $500,000 with your $10,000 capital. The leverage amplifies both gains and losses.
Now, you open a long position on EUR/USD, hoping that the euro will appreciate against the US dollar. Unfortunately, the market moves against you, and the value of your position starts to decline. Due to the leverage, even a small adverse move in the market can result in significant losses.
In this example, let's assume that the market moves sharply against your position, and you incur a loss of $15,000. Without negative balance protection, you would theoretically owe your broker an additional $5,000 beyond your initial $10,000 deposit because your account balance would go into negative territory.
However, with negative balance protection in place, your broker will step in to limit your losses to the amount of money you initially deposited. In this case, your losses would be capped at $10,000, and your broker would absorb the remaining $5,000 loss. Your account balance would reach zero, but you wouldn't owe your broker any more money.
This feature is incredibly important because it prevents traders from getting into debt and ensures that their losses are limited to the amount they initially invested. It helps protect traders from catastrophic losses that could have a significant impact on their financial well-being.
The balance on a foreign exchange trading account could very well go negative. The trader who owns the account does not properly set up a stop-loss mechanism (offered by their chosen broker) to stop unnecessary losses.
As mentioned earlier, the negative balance in your foreign exchange trading account could be the amount you owe your broker for the losses suffered. Many traders are not wary of this fact when they begin trading, but this could do a lot of damage to them.
In certain cases, the negative balance appears during phases of high volatility, causing prices to fluctuate and go above and below stop loss quickly. Although you can cover the exceeded loss by depositing more funds, you could lose a lot from your savings if it goes negative.
Negative balance protection ensures that traders will not lose any more than their deposited amount if their trading account goes negative due to their trading activity.
On a major level, choosing negative balance protection offers better market stability for forex and CFD trading. However, traders can take advantage of several fundamental benefits when their brokerage company provides this option to safeguard their funds. These benefits include:
Negative Balance Protection provides a crucial layer of financial safety for traders. This feature ensures that traders cannot lose more money than they have in their account, which is particularly important in volatile markets. By capping potential losses, traders are shielded from the risk of falling into debt due to trading activities.
For new and inexperienced traders, this protection is especially beneficial. It allows them to learn and participate in the markets without the fear of significant financial repercussions. Even for seasoned traders, the volatile nature of markets can sometimes lead to unexpected losses, and Negative Balance Protection acts as a safeguard against these unforeseen events.
This feature also encourages responsible trading practices. Knowing that their losses are limited to their account balance, traders are more likely to adopt disciplined trading strategies and avoid excessive risk-taking. This is crucial in markets where leverage is used, as leveraged trading can amplify losses as well as gains.
Negative Balance Protection also increases overall market confidence. Traders are more comfortable participating in the markets knowing that their risk is limited. This can lead to healthier market participation and liquidity, which is beneficial for the trading ecosystem as a whole.
Traders can use this protection feature to go at diverse trading strategies without fearing overtaxing themselves and owing a lot to their broker.
If you are looking for a brokerage company that allows you to test new ideas and techniques for trading without any risk, you can place small amounts of funds in your account. Potentially diminishing your maximum potential losses as you move on to gain more experience trading.
Finally, it saves traders from gaining irredeemabale debts. Without a safeguard set to halt your losses on a holding, traders must depend on themselves to trace movements in the market and get their funds back before their losses send them into substantial debt with the broker.
When the marketplace moves back and forth quickly, traders may struggle to adopt measures quick enough to steer clear from an account balance ending up in the negative.
At brokerages not offering negative balance protection, traders may have to pay interest on the debt owed, further sending them down a deeper monetary hole.
Negative balance protection essentially acts as a stop loss on all your investments. It limits any future losses you might suffer to merely the amount of funds you have initially deposited in your account.
Revenue potential is not capped. In that case, you are not forced to surrender your potential revenue to use a negative balance shield.
Traders can use this protection feature to go at diverse trading strategies without fearing overtaxing themselves and owing a lot to their broker.
If you are looking for a brokerage company that allows you to test new ideas and techniques for trading without any risk, you can place small amounts of funds in your account. Potentially diminishing your maximum potential losses as you move on to gain more experience trading.
Foreign exchange is a large global market prone to global sentiment and events changes. As anticipated, its volatility is a lot more significantly greater compared to other, much smaller marketplaces. Considering this heightened risk, traders can profit from their access to shields like negative balance protection.
Without a safeguard set to halt your losses on a holding, traders must depend on themselves to trace movements in the market and get their funds back before their losses send them into substantial debt with the broker. In certain circumstances, even an observant eye may not cut it. When the marketplace moves back and forth quickly, traders may struggle to adopt measures quick enough to steer clear from an account balance ending up in the negative.
Since the foreign exchange market trades twenty-four hours a day, from midday Sunday to the end of the trading day on Friday, keeping tabs on foreign exchange holdings at all times is impracticable.
At brokerages not offering negative balance protection, traders may have to pay interest on the debt owed, further sending them down a deeper monetary hole.
In 2015, the financial world saw a major Swiss franc crisis. It was initiated after the Swiss National Bank stopped pegging the Swiss franc against the Euro at a fixed exchange rate.
This made the national currency sharply stronger against EUR, and as an aftermath, many traders found themselves in negative balances. The brokers started to ask traders to deposit more funds. At this time, there was no policy of Negative Balance Protection.
Hence traders started losing money in huge amounts. Ultimately, the Swiss stock market suffered substantial losses, with many traders fearing that their brokers would soon ask to get paid to make up for their losses.
A margin call is like the moment when the broker tells you your funded balance has shrunk too much, and you need to either put more cash on the table or they'll cash in your chips to cover your debts to the broker. In the investment world, this happens when the investments you bought with borrowed money from your broker lose value, dropping below what the broker deems safe (to them).
They'll then ask you to either top up your live trading account or they'll start selling off what you've invested in, often at less-than-ideal prices, to get their money back. It's a sobering reminder of the risks of trading on margin.
Now, add negative balance protection into the mix. This is essentially the house rule that says even if the worst happens and your investments vanish, you won't owe more than what you've put on the table. It's a safety net, ensuring that even if the market turns wildly against you, you won't end up in debt beyond your initial investment. It's a crucial safeguard, especially in volatile markets, offering a buffer against unforeseen market swings that could otherwise leave investors significantly in the red.
Negative Balance Protection is a safeguard, akin to a financial airbag, designed to cushion you from plunging into the abyss of debt should your trading positions take an unexpected nosedive. In the high-stakes arena of Forex, where leverage magnifies both gains and potential losses, the risk of your account balance breaching the zero mark is not just a possibility but a stark reality.
Negative Balance Protection steps in like a seasoned guardian, resetting your balance to a clean slate if it ever tips into the red following a stop out. It's a feature that ensures the most you can lose is the amount you initially invested, shielding you from the nightmare of owing more than what you had on the line. In the UK, the Financial Conduct Authority, with its vigilant oversight, mandates that all FCA-regulated brokers provide this protection. It's a move that underscores the importance of choosing a broker under the FCA's umbrella, guaranteeing you won't find yourself in a financial quagmire, owing more than your original stake in the volatile dance of Forex trading.
To avoid a negative balance in your trading account, it's important to adopt effective risk management strategies. This includes only investing money you can afford to lose and being cautious with the use of leverage, as it can amplify both gains and losses.
Setting stop-loss orders is also crucial; these orders automatically close your position at a predetermined price, helping to limit your losses and prevent your account from going negative. Additionally, regularly monitoring your open trades and staying informed about market conditions is key. Being vigilant and prepared to act quickly if the market moves against you can help in maintaining a positive account balance.
Finally, to protect your funds from going negative, you should check the quality of the broker you are appraising. Trading under a reputable forex broker could offer numerous benefits when running your trading account.
Even though retail traders are normally shielded from market volatility via negative balance protection, the same rule does not apply to the retail brokers that offer those options. If you consider STP (Straight Through Processing) brokers, they are not offered the same type of protection as their Liquidity Providers (LP for short).
Because the forex market assumes the opposite side of their customer positions, allowing them to control their trading accounts. On the other hand, STP brokers counterbalance their risks by prioritizing an individual account with their Liquidity Providers. That is where their customer exposures are earned.
To sum it up, Negative Balance Protection is a vital feature for any trader, particularly in volatile markets. It serves as a financial safety net, ensuring traders don't lose more money than what's in their trading account.
This protection is especially beneficial for beginners and those using leverage, as it mitigates the risk of incurring debts beyond their initial investment. It promotes responsible trading by encouraging traders to be mindful of their risk exposure.
Overall, Negative Balance Protection enhances confidence in trading activities, making it an essential tool for both novice and experienced traders, fostering a safer and more secure trading environment.
We have conducted extensive research and analysis on over multiple data points on Negative Balance Protection Brokers to present you with a comprehensive guide that can help you find the most suitable Negative Balance Protection Brokers. Below we shortlist what we think are the best negative balance protection brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Negative Balance Protection Brokers.
Selecting a reliable and reputable online Negative Balance Protection 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 Negative Balance Protection more confidently.
Selecting the right online Negative Balance Protection 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 negative balance protection trading, it's essential to compare the different options available to you. Our negative balance protection 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 negative balance protection broker that best suits your needs and preferences for negative balance protection. Our negative balance protection broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Negative Balance Protection Brokers.
Compare negative balance protection brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a negative balance protection broker, it's crucial to compare several factors to choose the right one for your negative balance protection needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are negative balance protection brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more negative balance protection brokers that accept negative balance protection clients.
Broker | IC Markets | Roboforex | eToro | XTB | XM | Pepperstone | AvaTrade | FP Markets | EasyMarkets | SpreadEx | FXPro |
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Regulation | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. 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 | 51% of retail investor accounts lose money when trading CFDs with this provider. | 75-83% 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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SpreadEx Demo |
FxPro 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, | 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 | BE, BR, KP, NZ, TR, US, CA, SG | 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 |
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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. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.