Top Safest Brokerage Firms for 2020

We found 10 online brokers that are appropriate for Trading Safest Brokerage Firms.

Safest brokerage firm Guide

Safest Brokerage Firms

One of the prominent keys to successful trading online is that brokerages maintain a high level of security for their clients who want to access their trading accounts.

Companies and security experts work together to prevent cyber threats that can compromise trading systems.

Each brokerage has different IT architecture and security products.

Reputable brokers manage and test security measures to ensure that their clients data and safety is prioritized.

Keep in mind that not all brokerage firms can provide great services with good security.

Broker Security

It is not exaggerating to say that some companies have poor security systems so that they are prone to malicious cyber attacks.

You can easily find companies that have good security measures through trustworthy reviews sites, or from reliable sources like trading regulators.

It is your money. You will want to make sure that the investment is safe. This is why financial regulation is very important.

If you are wondering about security measures conducted by specific brokers you are in contact with, you could ask them if they have the below.

SSL Encryption

SSL stands for Secure sockets layer encryption and has become the most significant encryption type in many niches like financial, health, travel.

Professional websites should have SSL to ensure the safety of transactions. The common practice of SSL is using the 128-bit key to encrypt and decrypt data files.

That means that third parties will not be able to intervene and read data files when encrypted with SSL encryption.

Experts recommend a 128-bit key because it is impenetrable. Even the smartest hackers need years to break a single SSL encryption.

Secure servers

Gone are the days where brokerage firms store all data and IT infrastructure on premises.

If you are dealing with matured companies, I am pretty sure that they are using cloud services, or at least the hybrid ones.

The cloud services are considered more secure than on-premises.

Developers can update encrypted data storage and protect it with updated firewalls in fully secured facilities.

IT staff monitor and secure these facilities 24/7 to ensure that there are no serious errors or downtime.

How Do You Login?

The safest brokerage firms will always pay attention to all of their clients activities. Obviously, you want to have a good experience on your brokers trading platform.

Ask if your provider has two-step authentication. This feature is an additional login step, over, and above pass codes.

The system will usually generate temporary passwords sent to your smartphone or email so you need to fill them after your first passwords. Take advantage of this step and make your investment experience much safer.

Automatic logout to secure your account

A safe brokerage firm website should come with automatic logout features.

In each session, many people are oblivious about their account inactivity.

And they just leave it be without logging it out. Back then, many membership accounts (in many different niches of websites) were hacked because of the inactivity and lack of SSL.

When you are idle, there may be some strangers in your office or other places who may tamper your account while you are away.

The period of inactivity is read by the website security system and it will automatically force your account to log out.

Each site might have different standards. Commonly, your account will log out of your secure session after 10 minutes or so.

The system will usually ask if you would like to continue the activity. If there is no response from, it will automatically log your account out.

How Brokers Monitor Platforms

System monitoring is an important aspect when searching for a safest brokerage firm.

Brokerage firms will use their team to regularly monitor the entire system to make sure that potential security breaches are manageable.

They will conduct the security check ups around the clock to prevent the cyber threats including spyware, malware, phising, fraudulent activities, etc.

The financial institution must be able to guarantee that your online activity will be safe all the time.

Quality of Broker Support

When choosing the safest brokerage firms, you will want to focus on the quality of support. There is a strong link between support and safe brokerage firms.

The quality of support can really signify how safe the service is.

We are not only talking about the safety of the platform and website. It is also about your mental security.

No one wants to put their money in poor service with poor support. Support is an important role to determine if investing through the specific brokerage firms is the right thing to do or not.

There are many providers which claim to be safe and secure but they are not 100% full proof. There might be errors, glitches, and many other problems.

Sometimes, errors are inevitable. In this case, the good support should be able to handle the problem with quick resolution.

How Brokers Protect Your Private Information?

When you register and join with an online trading brokers community, you will share some private information with them. In any service, your privacy must be guaranteed.

Good brokerage firms will be transparent in explaining how they keep your personal information private and not share it to third parties without your consent. Your information is confidential.

It is the brokerage firms responsibility to make their members personal information private.

Find Out How Brokers Charge?

There are several ways brokerage firms make money. Most of them make money on commissions or fees when you make the investments.

If you are up to commission based, make sure that brokerage firms are experienced.

Some brokerage firms create mutual funds and ETFs and earn fees from the returns.

If there are firms who at any time force or coerce you to buy their products, just skip them.

Take your time to browse around, there are many great brokerage firms out there.

We've collected thousands of datapoints and written a guide to help you find the best Safest Brokerage Firms 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 safest brokerage firms below. You can go straight to the broker list here.

Reputable Safest brokerage firm Checklist

There are a number of important factors to consider when picking an online Safest Brokerage Firms 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 Safest Brokerage Firms.

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

Top 15 Safest Brokerage Firms of 2020 compared

Here are the top Safest Brokerage Firms.

Compare Safest Brokerage Firms min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are safest brokerage firms. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more safest brokerage firms that accept safest brokerage firms clients

Broker eToro Trading212 XTB Roboforex EasyMarkets AvaTrade ThinkMarkets HY Markets NordFX Admiral
Rating
Regulation Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) 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 Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) 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) Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) Financial Conduct Authority (FCA), FCA reference number 186171, Cyprus Securities and Exchange Commission (CySEC), CySEC license number 259/14, Cayman Islands Monetary Authority (CIMA), CIMA reference number 1442313, Dubai financial services authority (DFSA), DFSA license number 000048 Cyprus Securities and Exchange Commission (CySEC), License No: 209/13 Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
Min Deposit 200 1 No minimum deposit 1 100 250 250 100 1 200
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
Used By 12,000,000+ 14,000,000+ 250,000+ 10,000+ 142,500+ 200,000+ 10,000+ 10,000+ 10,000+ 10,000+
Benefits
  • 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
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic 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
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 Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps MT4, Web Trader, Tablet & Mobile apps MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps MT4, Mac, Web Trader, Tablet & Mobile apps MT4, Tablet & Mobile apps MT4, MT5, Tablet & Mobile apps MT4, MT5, Mac, 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
Learn More Sign Up with
etoro
Sign Up with
trading212
Sign Up with
xtb
Sign Up with
roboforex
Sign Up with
easymarkets
Sign Up with
avatrade
Sign Up with
thinkmarkets
Sign Up with
hycm
Sign Up with
nordfx
Sign Up with
admiralmarkets
Risk Warning 75% of retail investor accounts lose money when trading CFDs with this provider. 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. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Losses can exceed deposits Your capital is at risk 79% of retail investor accounts lose money when trading CFDs with this provider Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits
Demo eToro
Demo
Trading 212
Demo
XTB
Demo
Roboforex
Demo
easyMarkets
Demo
AvaTrade
Demo
ThinkMarkets
Demo
HYCM
Demo
NordFX
Demo
Admiral Markets
Demo
Excluded Countries US, IR, KP, BE, CA, JP, SY, TR, IL, HK US US, IN, PK, BD, NG , ID, BE US, JP US BE, BR, KP, NZ, TR, US, CA, SG AF, Yugoslavia, AO, GM, NG, AW, GH, KR, BY, GN, BO, GN, PK, BW, HT, PG, IR, PN Island, Burma MM, IQ, RW, KH, , SN, CF, JP, Sierra, Leone, TD, KG, SO, CI , LB, SZ, CU, LS, SY, of CG, LR, TJ, DJ, LY, Tanzania, EC, Laos, TG, ER, ML, TM, ET, MN, UG, Falkland Islands, NA, US of America, FJ, NI, YE, ZW US No US, CA, JP, SG, MY, JM, IR, TR

All Safest brokerage firms in more detail

You can compare Safest Brokerage Firms 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 Safest Brokerage Firms for 2020 article further below. You can see it now by clicking here

We have listed top Safest brokerage firms below.

Safest brokerage firm List

eToro
(4/5)
Min deposit : 200
eToro was established in 2006 and is used by over 12000000+ traders. 75% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency

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)
Trading212
(4/5)
Min deposit : 1
Trading 212 was established in 2006 and is used by over 14000000+ 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)
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 250000+ traders. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XTB offers Forex, CFDs, Cryptocurrency

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
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)
EasyMarkets
(4/5)
Min deposit : 100
easyMarkets was established in 2001 and is used by over 142500+ traders. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, 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), Australian Securities and Investment Commission (ASIC)
AvaTrade
(4/5)
Min deposit : 250
AvaTrade was established in 2006 and is used by over 200000+ traders. 79% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, CFDs, Spread Betting, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, 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 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)
ThinkMarkets
(4/5)
Min deposit : 250
ThinkMarkets was established in 2010 and is used by over 10000+ traders. Losses can exceed deposits ThinkMarkets offers Forex, CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, 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), Australian Securities and Investment Commission (ASIC)
HY Markets
(4/5)
Min deposit : 100
HYCM was established in 1977 and is used by over 10000+ traders. Losses can exceed deposits HYCM offers Forex, CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, 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 reference number 186171, Cyprus Securities and Exchange Commission (CySEC), CySEC license number 259/14, Cayman Islands Monetary Authority (CIMA), CIMA reference number 1442313, Dubai financial services authority (DFSA), DFSA license number 000048
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
Admiral
(4/5)
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)