Top Sri Lanka Brokers for 2022

We found 11 online brokers that are appropriate for Trading Sri Lanka.

Best Sri Lanka Brokers Guide

Updated May 25, 2022

Sri Lanka Financial Markets

Can You Trade Financial Markets In Sri Lanka?

You can choose to trade in the Forex market, stock market, and bond market in Sri Lanka. The Sri Lankan stock exchange is one of the newest in Asia, but it has a long history. It was established in 1982 and is considered one of the best-organized bourses in South Asia. Traders can buy and sell shares, currencies, bonds, and derivatives on the Colombo Stock Exchange (CSE).

How To Trade Forex On The Sri Lankan CSE

The CSE offers both electronic trading systems as well as a voice trading system that allows you to place orders via telephone. The main currency pairs traded on this bourse are USD/LKR, EUR/LKR & GBP/LKR. The trading hours at CSE are from 10:30 am to 12:00 pm for both cash as well as derivative markets.

Financial Markets In Sri Lanka

Sri Lankan financial markets are the most active in South Asia, with a share of over 80% of total trade.

The stock market capitalisation is USD 8 billion (as of May 2014) and carries an average daily turnover of USD25 million. The Central Bank estimates that there are over 500 000 individual investors, while the number of listed companies increased from 68 in 1994 to 110 as at the end of 2012. With a GDP growth rate of 5% per annum since 1994, equity markets have been one of the fastest-growing sectors.

In addition, Sri Lanka has had one of the highest growth rates amongst South Asian countries in foreign direct investment inflows: up to USD 9 billion for 2013 (a record high), including about 6 billion USD in FDI equity investments. The DSE index has more than tripled since 2000 and its P/E ratio was 26 times in May 2014 compared to 10 times for India and 7 times for Bangladesh.

Is A Stockbroker Necessary For Investing In The CSE?

You cannot trade shares on the Colombo Stock Exchange without first entering the CSE. You will most likely require the assistance of a stockbroker.

This is why these businesses are known as stockbrokers. They serve as a middleman between you and the Colombo Stock Exchange.

Can Sri Lankan Traders Trade International Financial Markets

There are many well-regulated international trading platforms and brokers that offer the buying and selling of many financial instruments to Sri Lankan residents. Sri Lankans can choose to trade US stocks, the UK and European stocks, Forex, cryptocurrencies, commodities like silver, gold, and oil, CFDs, ETFs, and much more.

Is It Legal For Foreign Investors To Invest In Sri Lankan Stocks Or Shares?

Yes, it is legal and not prohibited by any law or regulation.

What Is The Minimum Investment Amount Required To Open An Account (Trade) On A Stockbroker In Sri Lanka?

Most brokers available to traders in Sri Lanka have no minimum investment but some Sri Lanka brokers have minimum deposits of 201.50000 LKR ($100). A small number of brokers might have lower or higher minimum requirements, depending on the features the Sri Lanka brokers offer.

What To Consider Before Investing In Sri Lankan Stocks

While online brokers in Sri Lanka do make stock investments and trading a lot easier, you still need to be careful before going any further. Before getting into the stock markets, you must:

Come Up With A Trading Strategy Or Plan

In case you have not yet developed a proper plan, you may research the Sri Lankan stock market on your own or opt for a Sri Lankan broker that will offer you its research department. Developing a proper trading strategy can help you make informed decisions about your trading.

Do A Trial Run On Your Plan

After you have come up with your trading or investment plan, you can either test it in a virtual account or manually. Brokers often offer such accounts to traders for them to demo their offered trading programs. A trial run on your established plan will help fool-proof it for you to confidently execute it later.

Keep In Mind Forex Risks

When investing in stocks as well as other trading instruments overseas, always consider the exchange rate risks involved. Choosing to deal in assets not designated in your local currency means that you may have to resort to converting the currency obtained from your investments into your locally used currency, i.e., the LKR. The LKR trades at around 181.50 rupees per US dollar.

Choose Your Asset

Ideally, your investment goal must involve funds from a vast range of sectors and industries. Your overall plan must involve choosing a strategy considering stock performance. Opting for the securities to deal in calls for a considerable amount of market analysis, experience, and research.

The Minimum Investment Amount For A CDS Account

A majority of stockbrokers in Sri Lanka let traders set up a CDS account without requiring minimum investment. Some brokers, however, require a minimum investment amount that usually ranges from 50K LKR to 1 million LKR. At the end of the day, it is up to the trader how much they are willing to invest.

Research And Analyses Reports

A majority of Sri Lankan stockbrokers have full-fledged research teams. These teams research and analyse stocks and a majority of them offer recommendations. If you are a newbie trader, it would help to read through such reports to understand how things work. Note that some firms choose to share such reports with traders, while some do not.

Buying And Selling Shares With A CDS Account

After opening a CDS trading account, traders can deal in shares in two ways:

With A Stock Advisor

After registering with a broker, you may be assigned a stock advisor to assist you. Whenever you want to trade shares, they can execute them on your behalf.

Online

You can also trade stocks via an online platform. Nearly all Sri Lankan brokers provide online trading platforms for traders to execute trades themselves.

What To Know About The Sri Lankan Stock Market

Sri Lanka aims to keep attracting overseas investments by enhancing its overall infrastructure and reinforcing its democratic system, with assistance from the World Bank. Sri Lanka’s main market is the CSE (or the Colombo Stock Exchange). The exchange is found in Colombo, the country’s capital city.

All overseas investors, whether they be private or institutional, are required to open SIAs (Securities Investment Accounts) linked to a bank based in Sri Lanka. Traders must set up accounts with the CDS (the Central Depository System) and fill in a KYC form with their bank. They are also required to offer up their identification documents, such as their passports.

Such a process usually goes on for two weeks considering institutions, and two to three days for individuals, after they submit all the needed documents. Custodian financial institutions are used by overseas traders and investors so that they can set up SIA trading accounts in Sri Lanka.

The country does not enforce capital gains taxes on assets on the CSE. They instead impose a 10 percent tax on the revenue. Trade advisors, stockbrokers, and the entire Sri Lankan stock exchange are regulated by the SEC (or the Securities and Exchange Commission of Sri Lanka).

The aforementioned regulatory body constitutes an automated exchange connected in real-time to the CDS. Traders can expect the change to be open for business from Monday to Friday, 9:30 am to 2:30 pm. This usually indicates that all stock certifications are saved digitally in the trader’s SIA.

After a trader opens an SIA trading account, they can choose a broker to carry out trading orders on the CSE. Since all brokers are different from each other, be diligent with your requirements when you set up a trading account.

Sri Lanka Brokers Verdict

When it comes to trading, Sri Lanka offers up appealing investment opportunities. Since it is a developing economy, investments in the country’s stocks usually involve risk as well as outcomes in the long and medium terms. Shorter-term gains are not as lucrative since investment-oriented interest in the island country has experienced a drop.

Geo-political events have had a considerable impact on the country. In that sense, investing in its stock markets may not suit every trader. Before going any further, thoroughly research and keep in mind the country’s dynamics before taking any risks. Choose a reputable broker to know more about investing in the country’s stock market.

Best Sri Lanka Brokers

We've collected thousands of datapoints and written a guide to help you find the best Sri Lanka Brokers for you. Our aim is that this information helps you choose a trustworthy, reputable and professional broker who can satisfy your trading needs online. We have compiled a list of what we consider the best sri lanka brokers below.

Trading in Sri Lanka

When trading in Sri Lanka you will need to know what your options with your Sri Lanka trading broker are.

We list below the trading account types available in Sri Lanka. If you are looking for brokers in Sri Lanka that are suitable for trading in the Forex, CFD's, Indices and ETFs, Cryptocurrencies (availability subject to regulation) or commodity markets; this Sri Lanka broker guide will explain the things you should check and be aware of before you invest.

Forex Trading in Sri Lanka

Forex trading is growing in popularity in Sri Lanka. The volume of Forex traded in Sri Lanka has increased year on year over the last five years.

Across the world $5.1 trillion USD in volume is traded every single day. This is a huge amount in comparison with other financial market sectors.

Advances in online technology, higher internet coverage in Sri Lanka and increased competition among brokerages have made Forex trading more accessible and reduced the costs of trading generally.

Is Forex Trading Legal in Sri Lanka?

Their is a misconception that trading Forex on the financial market in Sri Lanka is considered unsafe. This is not the case, Forex trading in Sri Lanka is very active.

Trading in Forex is allowed in Sri Lanka as to conduct business currency must be exchanged. Forex is an integral part of import and export and investing internationally. The important thing is that when trading Forex you pick a safe and reputable broker that is regulated. Sri Lanka Forex trading is not banned, their are many international online brokers offering favourable trading conditions.

Do Forex Traders Pay Tax in Sri Lanka?

Once a traders profits reach a level where the income on the Forex trading can be taxed in Sri Lanka the trader should make sure all taxes owed for a financial year are paid. Sri Lanka taxes should be filed even if there were losses on the year. If Trading losses cannot be claimed against personal income taxes. A trader should file them with the proper government agency in Sri Lanka. You should seek advice with a Sri Lanka tax professional to ensure they are abiding by all proper tax laws in Sri Lanka. In Sri Lanka Islamic accounts do not have additional restrictions on trades.

Cryptocurrencies in Sri Lanka

Cryptocurrency markets in Sri Lanka are relatively new and their availability are subject to local financial regulation. Because Cryptocurrency works on decentralised assets in Sri Lanka things like interest rate changes and political instability do not affect cryptocurrencies as much as the currency markets in Sri Lanka for example.

Due to a large young population in Sri Lanka with growing income levels and wide spread adaptation of online technology cryptocurrency trading volume is increasing greatly in Sri Lanka. $6 billion USD worth of Bitcoin is traded daily around the world.

Commodity Trading in Sri Lanka

In Sri Lanka commodity trading includes the trade in precious metals, energies and agricultural commodities.

Some commodities like metals are seeing exponential growth in Sri Lanka since 2002.

Fast growing countries like China and India have been growing rapidly over the last 3 decades. This has meant that countries like China and India have a vast requirement for many basic commodities and raw materials for their populations. Crops to feed people and metal to build infrastructure for example. This means countries like Sri Lanka are able to take advantage of this demand.

We list brokers that allow you to trade commodities in Sri Lanka here.

Islamic Accounts in Sri Lanka

Sri Lanka brokers support Islamic accounts or swap-free accounts. Sri Lanka Islamic accounts have no rollover interest on overnight positions to comply the Muslim faith. Traders of Islamic faith are forbidden to pay interest. Brokers in Sri Lanka offer accounts that are suitable for Islamic traders. These Sri Lanka brokers complies with Sharia law.

Benefits of Trading in Sri Lanka

Sri Lanka economy and population is growing. The middle class population in Sri Lanka is increasing which means a growing consumer base. Many business and financial opportunities exist in Sri Lanka. Sri Lanka has a young population educated in technology and the internet.

Concerns of Trading in Sri Lanka

Sri Lanka digitisation of financial trading has made it easier to defraud unsuspecting investors across the internet. Make sure the broker you trade with is regulated and passes the checklist in this Sri Lanka guide. Educate yourself as much as possible open a demo account if necessary be you open a live trading account.

Learn about leverage when trading. Sri Lanka Brokers offering high leverage trades in Sri Lanka can mean high profit margins. But this goes both was it can also mean huge losses. There are things like negative balance protection and stop loss accounts which some Sri Lanka brokers offer as a level of protection. you can learn more about further below on this guide.

Reputable Sri Lanka Brokers Checklist

There are a number of important factors to consider when picking an online Sri Lanka trading brokerage.

It is not essential that your brokerage is local but they must have regulation from a Tier 1 reputable country. In fact the brokers international regulation could be more reputable than your local region.

When deciding to trade and find a suitable Sri Lanka broker if you wish your broker to be 100% local check they are governed and regulated by the below.

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 Sri Lanka Brokers.

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

Top 15 Sri Lanka Brokers of 2022 compared

Here are the top Sri Lanka Brokers (LK).

Compare Sri Lanka Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are sri lanka brokers. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more sri lanka brokers that accept sri lanka clients

Broker IC Markets Roboforex XTB AvaTrade Pepperstone XM FP Markets Trading212 Plus500 NordFX EasyMarkets
Rating
locality IC Markets accept Sri Lanka clients Roboforex accept Sri Lanka clients XTB accept Sri Lanka clients AvaTrade accept Sri Lanka clients Pepperstone accept Sri Lanka clients XM accept Sri Lanka clients FP Markets accept Sri Lanka clients Trading 212 accept Sri Lanka clients Plus500 accept Sri Lanka clients NordFX accept Sri Lanka clients easyMarkets accept Sri Lanka clients
Regulation 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), 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), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa Central Bank of Ireland, 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) 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 International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) 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), 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 Cyprus Securities and Exchange Commission (CySEC), License No: 209/13 Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
Min Deposit 200 1 No minimum deposit 100 200 5 100 1 100 1 100
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 180,000+ 10,000+ 250,000+ 300,000+ 89,000+ 3,500,000+ 10,000+ 15,000,000+ 15,500+ 10,000+ 142,500+
Benefits
  • 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
  • Low min deposit
  • 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
  • Offers Negative Balance Protection
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Low min deposit
  • Guaranteed stop loss
  • Advanced Risk Management Tools
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
Accounts
  • 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
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Islamic account
  • Demo account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Zero spread account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Demo 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
Platforms MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Tablet & Mobile apps MT4, 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
icmarkets
Sign Up with
roboforex
Sign Up with
xtb
Sign Up with
avatrade
Sign Up with
pepperstone
Sign Up with
xm
Sign Up with
fpmarkets
Sign Up with
trading212
Sign Up with
plus500
Sign Up with
nordfx
Sign Up with
easymarkets
Risk Warning Losses can exceed deposits Losses can exceed deposits 74% 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. 71% of retail investor accounts lose money when trading CFDs with this provider 74-89 % of retail investor accounts lose money when trading CFDs Your capital is at risk 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. 73% 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 Your capital is at risk
Demo IC Markets
Demo
Roboforex
Demo
XTB
Demo
AvaTrade
Demo
Pepperstone
Demo
XM
Demo
FP Markets
Demo
Trading 212
Demo
Plus500
Demo
NordFX
Demo
easyMarkets
Demo
Excluded Countries 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 US, IN, PK, BD, NG , ID, BE, AU BE, BR, KP, NZ, TR, US, CA, SG AF, AS, AQ, AR, 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, UY, VU, VG, EH, YE, ZW US, CA, IL, KR, IR, MM, CU, SD, SY US, JP, NZ US, CA MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE No US


All Sri lanka brokers in more detail

You can compare Sri Lanka 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 Sri Lanka Brokers for 2022 article further below. You can see it now by clicking here

We have listed top Sri lanka brokers below.

Sri Lanka Brokers List

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 ECN 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 ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 250000+ traders. 74% 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 ECN 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), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa
AvaTrade
(4/5)
Min deposit : 100
AvaTrade was established in 2006 and is used by over 300000+ traders. 71% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading . Cryptocurrency availability with AvaTrade is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Central Bank of Ireland, 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)
Pepperstone
(4/5)
Min deposit : 200
Pepperstone was established in 2010 and is used by over 89000+ traders. 74-89 % of retail investor accounts lose money when trading CFDs Pepperstone offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account Pro 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
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 3500000+ traders. Your capital is at risk XM 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 ECN account
Islamic account VIP account
Regulated by International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
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 ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
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 ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
Plus500
(4/5)
Min deposit : 100
Plus500 was established in 2008 and is used by over 15500+ traders. 73% 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. Plus500 offers CFDs.


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 Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by 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), 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
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 ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), License No: 209/13
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. Cryptocurrency availability with easyMarkets is subject to regulation.

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 ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)

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Losses can exceed deposits
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Losses can exceed deposits