Top No Dealing Desk Brokers for 2021

We found 11 online brokers that are appropriate for Trading No Dealing Desk.

Best No Dealing Desk Brokers Guide

Updated September 23, 2021

No Dealing Desk Brokers

Let us understand what exactly the term No Dealing Desk means.

When a trader or investor is considering opening a Forex trading account, one of the first things that they may look for is a good Forex broker. After all, the Forex market is very large and any good broker will be able to help a trader achieve his or her goals. Forex brokers come in different types, each type offering different services and advantages. A trader may also have specific requirements in order to be able to trade in the Forex market. No matter what type of Forex trader you are, there is a Forex broker out there that can help you meet your trading goals.

These types of brokers are often referred to as 'no deal desk makers'. Because traders have the ability to enter and exit the market at any given moment, these brokers are perfect for those who like to do their own market research. These brokers offer direct access to the market participants without passing through their own trading desk. With real No Dealers Day brokers there are no rebates on orders and no extra pausing during order completion.

FX day trading service brokers make money by providing traders with access to the Forex markets. These Forex brokers will allow traders to enter and exit trades with minimal intervention. Some use automated systems while others let traders place orders themselves through a personal computer. These brokers make money by charging per trade, which means that they profit from every successful trade.

The NDD is a trading platform or software that offers customers unfiltered and direct trading with the interbank rates.

In such an arrangement the Forex brokers who provide such access have no conflict of interest. They get the prices directly from the interbank market and not from the brokers.

Here, NDD brokers earn by pre-defining their fee or commission.

How Does A Dealing Desk Work?

The traditional way of how the dealing desk work is that brokers and banks that deal with cash transactions usually have their own desk that is manned by one or two brokers. This allows them to get all the work done faster and easier, saving them time and reducing the risk of errors. However, with the ever increasing number of computers and the internet, this desk model is now outdated and no longer works for these kinds of transactions. For these types of transactions, a software program is needed. The following are some advantages of using a trading software or a dealing desk.

No Dealers desk software can work in many different ways, and it is very important that the right software is selected for each type of desk. There are software programs that deal with stock dealing, futures trading, and options trading, among others. These are more complicated programs and require more thorough attention to detail and more advanced programming skills. Traders should make sure that they get the right software, which will allow them to make better decisions and carry out more trades at the same time.

Dealers and traders may be more interested in knowing more about the actual function of the software, rather than learning how the program actually works. This is especially true for those who are not familiar with computers or the internet. These people can use online tutorials that show them how the software works. They can also learn from other traders on the web. A trading tutorial is very important for those who are starting to trade or improve their knowledge of the trading market.

Dealers and traders who want to work online should consider investing in a dealer desk that has internet access. Online software will make it easier for them to do things such as order placement and check availability. Some software also allows them to transfer money from one customer to another without using their bank account. This is beneficial if a trader wants to pay for something off his computer rather than transfer it to a bank. Traders should be able to find a software package that fits their trading style. The best package will be customized to meet the specific needs of the trader.

What Is A Dealing Desk Broker?

By definition, a trading desk broker is a sort of financial broker who is taking the other side of a client's trades, from their side by entering the buy and sell orders, fixing the ask and bid prices and then waiting for a client who may be set up to place an order. In other words, a dealing desk performs the function of a go between, taking a slice of the client's profits for themselves. While this is more or less the definition of the modern day Forex trading, let us look deeper into the workings of a trading desk broker.

Now, that we have defined these two types of Forex trading brokerage firms, lets look at how and where to find the best one. As we said earlier, there are many Forex brokers out there to choose from. Some are available through online trading platforms, while others are found offline. Since they each have their own advantages and disadvantages, it is important to research them carefully before making a decision on which broker to use. A good starting point for comparison table when evaluating different brokers is to look at the website for the Better Business Bureau.

Now that you know what a Forex broker is and how it works, it is time to learn more about the different types of Forex brokers. One type that is particularly useful and very popular among traders is the full-service broker. These brokers will handle all aspects of a trade, starting from entry and exit points of a trade to notification of different types of events pertaining to the trade. They also offer support for multiple accounts, which allows the trader to trade across different types of financial markets.

What Does No Dealing Desk Mean?

A desk broker is a salesperson who works for a middleman between the seller and the buyer. Desk brokers are well versed in finding a good deal for their customers because they deal in thousands of deals every day. But what does no dealing desk mean? It means that the desk broker does not carry inventory, receive payment, or process credit cards.

As the seller, you can choose to go with a no dealing desk service to handle your telephone calls, inventory requests, and to even get paid by the customer directly. This lets you focus on other parts of the business. When it comes to the quality of the customer service, you will likely be better off dealing with a third party. Most sellers prefer this arrangement because they are less likely to be cheated or ripped off.

What are No Dealing Desk Brokers

Dealing Desk brokers are like market makers.

They set bid and ask price, create their own liquidity and also take the opposite side of a trade.

While the No Dealing Desk brokers do not create their own liquidity but use external liquidity providers such as the global banks and the prime brokers, which come up with variable spreads.

Under such circumstances, trades are electronically executed at best market price and not at the brokers' price.

In Dealing Desk brokers conflicts of interest could arise resulting in price manipulation, probably more when the market movement is fast like during some surprise geopolitical events or release of pertinent data.

One of the best examples is the UK EU referendum event, Brexit.

NDD brokers overcome such situations and offer traders access to liquidity providers.

They eliminate price manipulation and everything is processed automatically.

Models of NDD Brokers

In the NDD brokers model, clients are offered Either Straight Through Processing (STP) with an Electronic Communication Network (ECN).

STP is offered by the brokers while the ECN remains in place in which two orders interact to find a match.

All the trades are done electronically here and brokers cannot act as a market maker. They are only allowed to charge a small fee from the spread.

NDD Advantages and Disadvantages

There is no time for re-quotes in the NDD system as positions are executed instantly.

NDD brokers pass both negative as well as positive slippage while in the Dealing Desk option brokers passes only negative slippage.

There is no conflict of interest in the No Dealing Desk brokers arrangement as fee or commission is per- defined.

Market Making Brokers

You may come across market making brokers while searching for No Dealing Desk brokers.

They try to stand between you and the interbank market, claiming trades will be fast and efficient.

As they tend to keep the entire spread, they benefit from it. If they are not offering prices far away from that of the interbank rates, a direct conflict of interest may not take place, but usually the opposite happens.

However, many such brokers are now under heavy regulation if their business model is poorly implemented or managed the regulators will quickly put them out of business.

The choice is yours whether to opt for NDD brokers or Dealing Desk brokers.

There are pros and cons with both and which to choose will depend largely on your trading strategy. Just make sure your NDD broker is heavily regulated.

What does No Dealing Desk (NDD) Mean?

When traders talk of No Dealing Desk or NDD for short, they are referring to a Forex trading platform offered by Forex brokers.

No Dealing Desk brokers offer access to interbank foreign exchange currency market rates. Interbank refers to transactions arranged between banks.

No Dealing Desk brokers offer STP (Straight Through Processing) execution on Forex trading.

Brokers that support No Dealing Desks remove the middle man and allow traders to trade directly with interbank rates. Traders who use a No Dealing Desk broker are assured that their Forex broker has no conflict of interest as they are dealing directly with interbank rates.

What are Dealing Desk Brokers?

On the other hand, brokers that do offer a dealing desk are market makers. This means Dealing Desk brokers are trading against the customer setting the bid and ask price.

Trading with market market brokers does have its benefits. Market maker (dealing desk) brokers are thought to be quicker and more efficient.

Traders who trade with dealing desk brokers should know that a dealing desk broker buys financial instruments with the aim of making a profit as well as facilitating trades for retail traders. This can be seen as a conflict of interest. There is a chance with some less regulated Dealing Desk brokers that a traders ask or bid price may be manipulated so that the dealing desk broker can capitalise and profit on the trade. This can not happen with No Dealing Desk brokers.

Types Of No Dealing Desk (NDD) Brokers Explained

No Deal Desk brokers offer STP and ECN.

No Dealing Desk Broker Benefits

When dealing with NDD brokers, there is no buy or sell price alteration as trades are executed through automatic electronic transaction by the NDD broker.

Pros and Cons of Trading With A No Dealing Desk

Trading with a No Dealing Desk broker has its benefits for traders on very active financial markets. No Dealing Desk (NDD) brokers offer a fair and transparent trading environment allowing the open and honest execution of Forex market trades all over the world.

Most well regulated Forex brokers offer NDD (No Dealing Desk) when executing buy and sell trading orders. No middleman costs are added as traders are dealing direct with interbank rates calculated in miliseconds.

This results in No Dealing Desk trades offering lower Forex spreads.

Please note that your No Dealing Desk broker may ask for a commission or exchange fee. Because you are dealing directly interbank your broker needs to charge otherwise they would recieve nothing for facilitating the transaction.

No Dealing Desk trades are executed instantly interbank. This is great as this is a automated transparent process but this also means that you cannot re-quote your trade.

No Dealing Desk brokers allow both positive and negative slippage. Having both negative and positive slippage evens out the negative slippage. A Dealing Desk market maker broker only has negative slippage.

We've collected thousands of datapoints and written a guide to help you find the best No Dealing Desk 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 no dealing desk brokers below.

Reputable No Dealing Desk Brokers Checklist

There are a number of important factors to consider when picking an online No Dealing Desk trading brokerage.

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 No Dealing Desk Brokers.

We compare these features to make it easier for you to make a more informed choice.

Top 15 No Dealing Desk Brokers of 2021 compared

Here are the top No Dealing Desk Brokers.

Compare No Dealing Desk Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are no dealing desk brokers. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more no dealing desk brokers that accept no dealing desk clients

Broker eToro XTB IC Markets Roboforex Pepperstone FP Markets FXPrimus Trading212 Admiral NordFX Axitrader
Rating
Regulation Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC) 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), Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC), License No: 209/13 Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA)
Min Deposit 50 No minimum deposit 200 1 200 100 100 1 200 1 No minimum deposit
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 20,000,000+ 250,000+ 180,000+ 10,000+ 89,000+ 10,000+ 10,000+ 15,000,000+ 10,000+ 10,000+ 10,000+
Benefits
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
Accounts
  • Demo account
  • Standard account
  • Islamic account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
Spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
Platforms Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, Tablet & Mobile apps MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps
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
  • Live chat
  • Phone support
  • Email 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
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
etoro
Sign Up with
xtb
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icmarkets
Sign Up with
roboforex
Sign Up with
pepperstone
Sign Up with
fpmarkets
Sign Up with
fxprimus
Sign Up with
trading212
Sign Up with
admiralmarkets
Sign Up with
nordfx
Sign Up with
axitrader
Risk Warning 67% of retail investor accounts lose money when trading CFDs with this provider. 77% 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. Losses can exceed deposits Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 Losses can exceed deposits Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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. Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits
Demo eToro
Demo
XTB
Demo
IC Markets
Demo
Roboforex
Demo
Pepperstone
Demo
FP Markets
Demo
FXPrimus
Demo
Trading 212
Demo
Admiral Markets
Demo
NordFX
Demo
Axitrader
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, US, IN, PK, BD, NG , ID, BE, AU AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA US, JP BR, KR, IR, IQ, SY, JP, US US, JP, NZ AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. US, CA US, CA, JP, SG, MY, JM, IR, TR No US, JP

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 No dealing desk brokers in more detail

You can compare No Dealing Desk Brokers 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 No Dealing Desk Brokers for 2021 article further below. You can see it now by clicking here

We have listed top No dealing desk brokers below.

No Dealing Desk Brokers List

eToro
(4/5)
Min deposit : 50
Visit eToro Try a Demo Read review

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.

eToro was established in 2007 and is used by over 20000000+ traders. 67% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF). Cryptocurrency availability with eToro is subject to regulation. Buying and selling real cryptocurrency assets may not be available in your country through eToro. Please check the latest information made available on their website.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 250000+ traders. 77% 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. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)
IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 180000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Roboforex
(4/5)
Min deposit : 1
Roboforex was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
Pepperstone
(4/5)
Min deposit : 200
Pepperstone was established in 2010 and is used by over 89000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 Pepperstone offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by 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
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 10000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
FXPrimus
(4/5)
Min deposit : 100
FXPrimus was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits FXPrimus offers Forex, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID)
Trading212
(3/5)
Min deposit : 1
Trading 212 was established in 2006 and is used by over 15000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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. Trading 212 offers Stocks, Forex, Commodities, Indices.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
Admiral
(3/5)
Min deposit : 200
Admiral Markets was established in 2001 and is used by over 10000+ traders. Losses can exceed deposits Admiral Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
NordFX
(4/5)
Min deposit : 1
NordFX was established in 2008 and is used by over 10000+ traders. Losses can exceed deposits NordFX offers Forex.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), License No: 209/13
Axitrader
(3/5)
Min deposit : 0
Axitrader was established in 2007 and is used by over 10000+ traders. Losses can exceed deposits Axitrader offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA)

Learn more Learn more about eToro.
67% of retail investor accounts lose money when trading CFDs with this provider.