Top Silver Brokers for 2024
We found 11 online brokers that are appropriate for Trading Silver.
Best Silver Brokers Guide
Analysis by Andrew Blumer, Updated Last updated - April 22, 2024
Silver Brokers
Silver brokers are more in demand lately as it is one of the most traded metals in the world and in numerous forms including non-physical forms.
Trading with Silver Brokers
Silver brokers help in trading the metal as derivatives and CFDs. They help in trading in Futures and Spot trades. Lets explain the difference between futures and spot trades.
Silver futures
It is an agreed legal agreement to get the delivery of the metal in the future.
The metal under such trading is delivered as well as paid at future date.
It can be used to hedge physical silver purchases believing that in future the price drops.
Silver Spot
It represents the current price of the metal and delivery takes place on the spot.
Usually, if it is believed the silver price may rise, spot purchases occur.
Factors Influencing Silver Market
Individual use is one of the largest factors that influence the silver market or silver demand. A survey data reveals it accounts for 60 percent of the physical metal demand.
The other important factor influencing silver demand is industrial applications.
Let's understand it with an example. If the demand for solar panels increases, the manufacturing of it too rises. This results in the increased demand for silver as the metal is used in the photovoltaics of the system. Similarly, silver is used in detergents and plastics production.
Silver Exchanges
One of the leading derivatives exchanges in the world is Eurex Exchange. Eurex has a large trading volume of silver.
Silver is traded on Commodity Exchange Inc, which is also commonly addressed as COMEX and is a New York Merchantile Index division.
Tokyo Commodity Exchange (TOCOM) plays an important role in the trading of silver. It is one of the largest commodities in Asia.
Your silver brokers may help you to trade the metal on these exchanges.
Silver Timeline
The metal was first mined in Anatolia, a place which is currently in Turkey, in 3000 B.C.
By 1200 B.C. Laurium mines in Greece became the center of its production.
Spain led the production in 150 A.D.
Between 1500 and 1800 Peru, Mexico and Bolivia produced 85 percent of the metal in the world.
Between 1876 and 1920 the production increased four-folds due to technological advancement and new regions were exploited.
Silver Trading in Physical Forms
In physical form, silver is traded as bars and coins. The silver bars come from reputable brands in different shapes and sizes. The most common bar is the bullion bar and comes in either triangular or rectangular shapes of 995+ purity.
Silver coins have ease of liquidation because these can be used as currency, unlike the silver bars. The popular brands in the segment include American Silver Eagle and Canadian Silver Maple Leaf.
Trading Silver
Gold is a popular investment choice and is well known in the community. Unlike the case with silver, which is still not much in demand compared to gold.
One reason is that many groups of people believe that the only precious metal that can be used as an investment option is gold.
Silver can also be an investment choice and can compete with gold investment. Although there are many differences, gold and silver are equally attractive investment choices.
Gold and silver investment can also be done through trading.
The mechanism and the way it works is different from the physical investment that uses a bar/dinar/dirham scale. The trading system is similar to foreign exchange ( Forex ) trading.
The most famous example of silver trading can be found on the market with the pair XAG / USD.
As with gold, the value of silver will also continue to grow in the long run. So silver trading can be your long-term investment choice.
Here are some factors that could be your consideration in choosing trading silver:
Tackling the Risk of Economic Crisis
One of the supporting reasons for investing in silver is that you can anticipate your investment during the economic crisis.
Banks generally react to crises by lowering interest rates and increasing the amount of money in circulation.
The efforts of these banks have the potential to weaken currencies and erode the stock and bond markets.
But unlike financial assets, physical assets such as silver cannot be made on paper.
The amount of silver supply on the ground is limited. For this reason, maintaining the value of silver is far more likely than maintaining the value of financial assets during a crisis.
Playing a role in the Global Economy
Silver is a very important commodity for many industries. This causes the strength of the global economy must rise to higher prices.
Demand for silver for jewelry is very strong, especially in India. Because of this large demand and other developing market countries also continue to grow, it is estimated that silver demand can increase sharply.
Supply and Prices
Bidding for silver may be one of the most attractive factors for investors to invest in these commodities.
Pressured silver prices and high mining costs have caused a decline in the amount of silver production in recent years. Many mining projects are in a difficult position due to depressed silver prices.
At the same time, silver supply is at a low position. Betting on the depleted supply remaining and low production, silver prices can rise along with the difficulty of obtaining raw materials.
The demand for silver investment is also expected to increase. Although the industry demand for silver is at a consistent rate, the demand for investment can be more varied.
If investment demand increases, silver prices will also certainly experience a significant increase, especially if the silver supply is still low.
Another factor that is the reason for the increase in silver investment is the gold-silver ratio.
The gold-silver ratio is near the highest level in the last 10 years.
Gold from the past is an investment asset that is relatively expensive when compared to silver. Silver investors generally buy silver in part to bet that the ratio between gold and silver can lead to lower.
Not only silver investment but all investments, in general, have potential risks and rewards.
Therefore, previous traders must take into account all possibilities and gather as much information as possible before investing.
Different from investing in other commodities, investing in silver which is a broad asset diversification plan can provide investors with several benefits.
Here are a few reasons:
Silver and Portfolio Risk
Silver Potential to mitigate portfolio risk because it performs better than stocks and bonds when there are problems in global politics.
Silver vs Financial Assets
Silver can function better than financial assets during periods of hyperinflation. Silver can also work better during periods of severe deflation.
This deflation can get worse especially if the central bank responds devaluing currencies dramatically.
Silver and Developing Countries
Trading silver is one way to bet on strengths in developing countries. Many countries experience political instability for a long time.
This causes people in developing countries to tend to trust paper currencies more and want more hard assets such as silver.
Silver Demand Globally
To bet on the increasing demand for metals in the global industry.
However, investing in silver can fail if some unexpected results occur, such as a stronger US dollar, a slowdown in global industries in China and India, and industries substituting silver for other metals, such as electronics and jewelry.
Another advantage of a silver investment that attracts novice investors is:
Lower silver price
This is very beneficial for silver investors because the price is cheaper so they can buy or collect more silver. For novice investors who do not have much capital, of course, silver is the right choice.
Small and safe capital
For potential investors who don't want to take big risks in investing, silver can be the right choice. Low silver prices do not require large investment capital.
Some investors do not understand that silver prices tend to be stable as the price of gold continues to rise. Some things that cause silver prices to stabilize and tend to rise are:
Global Silver Market
The global silver market is smaller in price and therefore difficult to manipulate.
Silver and World Central Banks
The world's central banks are not interested in stabilizing the price of silver therefore they are more interested in gold holders.
Silver and Gold
Silver is a gold companion commodity, therefore the price will always follow the movement of the gold price.
Silver Price Spikes
The presentation of price spikes in silver increases in commodity markets can be higher compared to gold.
The demand for silver is wider when compared to gold. Silver can be used in various industries such as ink colouring, coating, mirror making, accessories, and so on. Even silver can also be used in the health sector.
As you well know, silver has a limited amount, therefore, the price of silver may always increase.
The purchase price of silver is generally still affordable and the selling price is easy and stable. Therefore silver investment began to have a lot of interest.
Silver Brokers Verdict
Silver is always in demand irrespective of individual use or industrial purpose. Silver brokers help in trading it as CFDs and derivatives on various exchanges like Eurex Exchange, TOCOM and COMEX.
We have conducted extensive research and analysis on over multiple data points on Silver Brokers to present you with a comprehensive guide that can help you find the most suitable Silver Brokers. Below we shortlist what we think are the best silver brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Silver Brokers.
Reputable Silver Brokers Checklist
Selecting a reliable and reputable online Silver 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 Silver more confidently.
Selecting the right online Silver trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
- Ensure your chosen Silver broker has a solid track record of at least two years in the industry.
- Verify that the Silver broker has a customer support team of at least 15 members responsive to queries and concerns.
- Check if the Silver broker operates under the regulatory framework of a jurisdiction that can hold it accountable for any misconduct or resolve disputes fairly and impartially.
- Ensure that the Silver broker can process deposits and withdrawals within two to three days, which is crucial when you need to access your funds quickly.
- Look for Silver brokers with an international presence in multiple countries, offering its clients local seminars and training programs.
- Ensure the Silver broker can hire staff from diverse locations worldwide who can communicate fluently in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Compare Key Features of Silver Brokers in Our Brokerage Comparison Table
When choosing a broker for silver trading, it's essential to compare the different options available to you. Our silver brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
- Minimum deposit requirement for opening an account with each silver broker.
- The funding methods available for silver with each broker.
- The types of instruments you can trade with each silver broker, such as forex, stocks, commodities, and indices.
- The trading platforms each silver broker provides, including their features, ease of use, and compatibility with your devices.
- The spread type (if applicable) for each silver broker affects the cost of trading.
- The level of customer support each silver broker offers, including their availability, responsiveness, and quality of service.
- Whether each silver broker offers Micro, Standard, VIP, or Islamic accounts to suit your trading style and preferences.
By comparing these essential features, you can choose a silver broker that best suits your needs and preferences for silver. Our silver broker comparison table simplifies the process, allowing you to make a more informed decision.
Top 15 Silver Brokers of 2024 compared
Here are the top Silver Brokers.
Compare silver brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a silver broker, it's crucial to compare several factors to choose the right one for your silver needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are silver brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more silver brokers that accept silver clients.
| Broker |
IC Markets
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Roboforex
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eToro
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XTB
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XM
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Pepperstone
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AvaTrade
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EasyMarkets
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SpreadEx
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Plus500
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Admiral
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| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | 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), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | 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), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039) FSA, Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) DFSA | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) |
| Min Deposit | 200 | 10 | 100 | No minimum deposit | 5 | 200 | 100 | 100 | 1 | 100 | 200 |
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| Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 142,500+ | 10,000+ | 24,000,000+ | 10,000+ |
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| Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps |
| Support |
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| Learn More |
Sign
Up with icmarkets |
Sign
Up with roboforex |
Sign
Up with etoro |
Sign
Up with xtb |
Sign
Up with xm |
Sign
Up with pepperstone |
Sign
Up with avatrade |
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Up with easymarkets |
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Up with spreadex |
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Up with plus500 |
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Up with admiralmarkets |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% 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. 72.89% 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 | Your capital is at risk | Losses can exceed deposits | 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | Losses can exceed deposits |
| Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
easyMarkets Demo |
SpreadEx Demo |
Plus500 Demo |
Admiral Markets 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, 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 | MY, BE, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO | US, CA, JP, SG, MY, JM, IR, TR |
All Silver brokers in more detail
You can compare Silver 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 Silver Brokers for 2024 article further below. You can see it now by clicking here
We have listed top Silver brokers below.
Silver Brokers Table of Contents
- Silver Brokers Explained
- 6 Factors to Consider when Choosing Silver Brokers
- Are Your Silver Brokers Trusted And Established?
- Are The Silver Brokers World Leading?
- What are the Silver Brokers Commissions and Fees?
- What are the Silver Brokers Funding and Withdrawl Methods?
- Find Silver Brokers with Round-the-clock support?
- Make sure the Silver Brokers Offer Comprehensive Trader resources?
- Why Silver Brokers needs to be regulated?
- Silver Brokers FAQ
- What are the best Silver brokers?
- What is the best Silv broker?
- Related Silver Brokers Reviews
- Related Silver Brokers Alternatives
- Related Silver Brokers Comparisons
Silver Brokers Explained
Trading volatile financial markets with Silver Brokers can be challenging, even for experienced traders. In addition to the online educational resources available, traders should consider the platform offered by Silver Brokers to ensure a successful trading experience.
Selecting Silver Brokers at the forefront of innovation and considered an industry leader is crucial. Doing so will ensure you are equipped with the tools and features to navigate volatile Silver markets effectively.
Reliability is key to gaining access to financial markets. Look for Silver Brokers that you can rely on to provide a stable and secure trading environment, allowing you to execute trades with Silver Brokers confidently.
6 Factors to Consider when Choosing Silver Brokers
Follow these five rules for selecting Silver Brokers that are right for you:
Are Your Silver Brokers Trusted And Established?
Search for a reputable Silver Brokers with a extensive proven track record for Silver, enabling you to focus solely on implementing your trading strategy and navigating the markets with confidence. The top rated Silver broker is IC Markets. Established in 2007, and in operation for 12 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Another top rated broker is Roboforex.
Roboforex was established 2009, and in operation for 9 years Roboforex have a head office in Belize.
Roboforex is regulated. This means Roboforex are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
| Broker |
IC Markets
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Roboforex
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eToro
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XTB
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XM
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Pepperstone
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AvaTrade
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EasyMarkets
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|---|---|---|---|---|---|---|---|---|
| Year Established | 2007 | 2009 | 2007 | 2002 | 2009 | 2010 | 2006 | 2001 |
| Head Office | Australia | Belize | Cyprus, UK | Poland | Cyprus | Australia | Ireland | Cyprus, Australia |
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | 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), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | 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), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) |
| Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 142,500+ |
| Negative balance protection | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No | No | No | No | Yes |
| Learn More | Visit IC Markets | Visit Roboforex | Visit eToro | Visit XTB | Visit XM | Visit Pepperstone | Visit AvaTrade | Visit easyMarkets |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% 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. 72.89% 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 | Your capital is at risk |
Are The Silver Brokers World Leading?
Opt for Silver Brokers that set themselves apart as an industry leader by actively embracing innovation. Take IC Markets as an example, which is renowned for Segregates clients funds and boasts an extensive array of 2250 tradable instruments. Moreover, IC Markets caters to the needs of its clients with both an online trading platform and a mobile application, making it incredibly convenient to access the markets from anywhere, at any time.
In addition, the IC Markets platform enables access to a variety of financial markets worldwide. IC Markets is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Silver Brokers is Roboforex. Roboforex Segregates clients funds and offers over 100 instruments.
| Broker |
IC Markets
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Roboforex
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eToro
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XTB
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XM
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Pepperstone
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AvaTrade
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EasyMarkets
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| Instruments Available | 2250 | 100 | 5000 | 5600 | 1000 | 1200 | 1250 | 200 |
| Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps |
| 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, 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, MG, MK, MO, UA, JO, KR, | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | 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, 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 |
| Forex pairs offered | 61 | 35 | 50 | 57 | 55 | 70 | 55 | 150 |
| Forex pairs offered | 61 | 35 | 50 | 57 | 55 | 70 | 55 | 150 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | No | Yes | No | No | Yes | Yes | Yes |
| Commodities Offered | 20 | 21 | 31 | 21 | 15 | 16 | 17 | 12 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | No | Yes | Yes | Yes | Yes | Yes | Yes |
| Agricultural | Yes | No | Yes | Yes | No | Yes | Yes | Yes |
| Stocks Offered | 2100 | 0 | 2042 | 1696 | 160 | 1100 | 1000 | 52 |
| UK Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
What are the Silver Brokers Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Silver broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated Silver broker Roboforex offers Forex, CFDs. Roboforex minimum deposit is 10. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XTB
|
XM
|
Pepperstone
|
AvaTrade
|
EasyMarkets
|
|---|---|---|---|---|---|---|---|---|
| Min Deposit | 200 | 10 | 100 | 0 | 5 | 200 | 100 | 100 |
| Withdrawl Fees | No | Yes | Yes | varies | No | No | No | No |
| Inactivity Fees | No | No | Yes | Yes | Yes | No | No | No |
| Deposit Fees | Varies | No | No | No | No | No | No | No |
| CFD Commission Fees | Yes | No | Yes | Yes | No | Yes | No | No |
What are the Silver Brokers Funding and Withdrawal Methods?
Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with Silver Brokers. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with Silver Brokers.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XTB
|
XM
|
Pepperstone
|
AvaTrade
|
EasyMarkets
|
|---|---|---|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | No | Yes | Yes | No | Yes | Yes | No |
| Skrill | Yes | No | Yes | Yes | No | Yes | No | Yes |
| Payoneer | No | Yes | No | Yes | No | Yes | Yes | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Find Silver Brokers with Round-the-clock support?
Effective customer service is an essential factor to consider when dealing with Silver Brokers.
Silver Brokers customer service entails various support services to aid customers in making the most cost-effective and appropriate use of the brokers' services.
The customer support options offered by Silver Brokers can include phone answering services, live chat support, and email customer service support.
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Roboforex support a wide range of languages including English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian
IC Markets and Roboforex offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XTB
|
XM
|
Pepperstone
|
AvaTrade
|
EasyMarkets
|
|---|---|---|---|---|---|---|---|---|
| Support |
|
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|
|
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| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish | English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic | Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish | English, German, Arabic, Chinese, Spanish and Polish |
| Learn More | Visit IC Markets | Visit Roboforex | Visit eToro | Visit XTB | Visit XM | Visit Pepperstone | Visit AvaTrade | Visit easyMarkets |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% 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. 72.89% 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 | Your capital is at risk |
Make sure the Silver Brokers Offer Comprehensive Trader resources?
It's important to ensure your Silver Brokers provide complimentary resources such as analysis, education, and risk management tools. IC Markets and Roboforex collaborate with top analysts to bring the most up-to-date news and insights to traders.
Sound risk and money management are vital to financial market navigation with Silver Brokers. However, selecting the best broker to access the markets is a critical step that traders should not overlook as they embark on trading live financial markets with Silver Brokers.
Why Silver Brokers needs to be regulated?
Regulated Silver Brokers lowers your risk of loss of deposited trading funds.
Lowering your risk is one of the benefits of working with a properly regulated Silver Brokers.
Consumers are protected by Silver Brokers regulation, critical to preventing inadequate services and potential financial harm.
Regulation of Silver Brokers is necessary to prevent fraud. The Silver Brokers working capital and client-funded accounts must be kept separate to avoid conducting business with client funds. Any fraudulent behaviour with Silver Brokers is monitored by financial regulators in the jurisdictions brokers are allowed to operate.
Silver Brokers List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, AndroidCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
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. 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.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
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.
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account XM Swap-Free account (XM Ultra Low Account) VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account Pro Account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Web Trader, TradingView, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Plus500 offer a 100% Free and Unlimited Demo account No Deposit fees/Commissions No hidden fees Competitive fees Tight Spreads
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Learn more
Losses can exceed deposits
Losses can exceed deposits