Top Technical Analysis Basics for 2021

We found 11 online brokers that are appropriate for Trading Technical Analysis.

Best Technical Analysis Basics Guide

Updated September 17, 2021

Technical Analysis Basics

If you have just started your journey in trading, you will come across multiple strategies and will want to use the most appropriate analysis to bring the best trading results.

I am sure you have come across the term “technical analysis”. Before proceeding, you will want to know the basics of technical analysis first.

Trading Strategies by Utilizing Technical Analysis

Many financial assets are available on world markets for trading. One of the most popular methods is Forex trading that uses currencies as tools. Although theoretically, Forex trading sounds easy. In fact, many people out there are unsuccessful, and cannot gain the money they have dreamt of. Of course, trading is more than just making money. It is all about strategies and analysis that need to be applied to enjoy the glory for a longer time.

One of the most important matters in trading, particularly Forex trading, is technical analysis. Technical analysis refers to predicting the price in the future based on price movements in the past. This way, you should not be surprised if, in the technical analysis, some matters beyond the price movement tend to be ignored, including news and other fundamental data. Indeed, if you have experience, you can combine technical analysis with fundamental data for additional profit.

Trading strategies based on technical analysis involve some steps. Each of the steps is to clarify the price movements. Therefore, the points of the entry and exit level can just be determined. So, if this technique is of interest to you, you can follow the steps below for trading.

Technical Analysis Overview

Technical analysis is a trading strategy that uses the technique to predict the market direction in the future by cross-checking the chart patterns and formations in the records.

This strategy helps traders and market analysts to retrieve the historical information and helps traders understand where market prices may go. Fundamental analysis will differ from the Technical analysis.

Understanding the Market Condition

Of course, the first and the main step is understanding the current market condition. After that, you can determine in what timeframe you will trade as well as what chart to use. There are some options for this; they are H1, H4, and Monthly. If a trader decides to trade in the Monthly chart, he does not need to worry about the short-term volatility if the capital is adequate.

On the other hand, for short-term trading, it is important to see the market condition in a bigger timeframe to avoid false decisions in Stop Loss and Take Profit.

Understanding Technical Analysis

Technical analysis can be conducted in different ways. But the most relevant in the trading ecosystem is by exploiting the information offered by historical price charts.

The tools which are relevant to technical analysis are the technical indicators or oscillators. With these tools, one can find out the patterns which they can comprehend to find the momentum for entering or exiting the current market.

Technical analysis is an important aspect to help traders to identify the patterns in the market.

The charts from a technical analysis tool reports the price movement in candlesticks. You could see the forms of the candlesticks by browsing around through your favorite search engines. In this case, the candlesticks focus on the key points demonstrations.

There are some parts that you need to know when it comes to the candlesticks: green, red, bars, wicks, and the patterns.

The colour of the candlesticks signifies the movement. The candlesticks will turn to green if these move up, and red if the price move down. Meanwhile, the bars showcase the status of the price whether it is opening or closing.

Finally, the wicks show the readers whether the prices are in the highest or lowest. When it comes to the patterns, this page itself does not have enough space to explain it all. Make sure you check on other sources to find out the common 16 candlestick patterns.

There are various indicators which you can use on the charts.

In identifying the price points for entering and exiting the trades, you could use the moving averages, Bollinger bands, as well as Fibonacci retracements. However, the seasonal traders will have their own personal opinions and styles. So, this is still flexible.

Just like in any other practice, you might want to test the strategy before applying in the real financial markets.

The best way to do this is to apply the technical analysis towards the previous movements of the price.

The market analysts refer to this test as “back-testing” based on the previous price movements, the traders and market analysts will be able to notice important information so that they can make new positions with informative decisions.

Dow Theory as the Basis of the Technical Analysis

The Dow Theory is the basis of the technical analysis. In a shorter explanation, you will want to focus on certain aspects including the trends types, price movements phases, as well as the news on different categories that can affect the market.

When it comes to the news, it can be from different niches such as political, industrial, social economy, and so on.

When to use Technical Analysis?

Whether you are conducting short-term or long-term trading, it is a good idea to use technical analysis

If you prefer long-term investment, the technical indicators in the technical analysis can help you to figure out the best time to add the shares to your portfolio.

Meanwhile, if you prefer to have short-term investment, the technical analysis can help you to find the opportunities easily.

If you have just started to trade, you will soon realize that timing is an important key to a successful trading activity.

The technical analysis can help you to find out the perfect timing to be aggressive or defensive. It can also help you to maximize the profits and minimize the losses .

Technical Analysis Basics Verdict

Technical analysis is indeed a common thing to use, but there are some takeaways that you should consider.

Firstly, reading through the technical analysis can be subjective from one trader to another. The results could be the same, but how the traders interpret the signal can be completely different.

Also note, that this is not 100% accurate. As you would expect from the market, the large movements can happen.

The market can swing in no time. Many traders fail because their timing is off. Understanding the drawbacks of the technical analysis is very important to maintain the best results.

Choosing the Best Technical Analysis Tools

Based on the current market condition and timeframe that have been chosen, the next thing to do is choosing the best technical analysis tools. Make sure to match them carefully. If the market condition is trading, the RSI will not be used too much.

Meanwhile, in a range situation, Moving Avengers are worthless things to find. There is also a condition when the movement is very volatile. This way, the crossover moving average can be good to detect the trend. Additionally, a trader can form trading strategies gradually from time to time using the most understandable indicators.

Finding the Trading Signal

In the world of trading, opportunities are also known as the trading signal. It appears from the interactions of some indicators. For example, it comes out from the combination of Moving Averages and Oscillator. The most significant thing is that the signal from the analysis tools must be confirmed with other technical analysis. For example, it is if there are oversold or overbought levels.

So, how do trading signals look? They can be in the form of a channel, a crossover, a divergence or convergence, a breakout, and more. Make sure that the appearance of the signal is optimal as well as it can be utilized completely at this stage.

Doing the Technical Analysis

After understanding the trading signal that comes out along with its meaning, you must determine the actions to take; whether to buy or to sell. You must know also at what level the order will be executed. A trader must also determine the money management technique that will be applied. If it is necessary, make simulations of various scenarios and then compare the credibility.

Predicting the risk and profit potential is also very important to this matter. The wiser thing to do is choosing a scenario with the highest return projection but the lowest risk. After that, execute your trading.

Indicators in Technical Analysis

From the explanations above, it is known also that there are some indicators to use in the technical analysis of trading. The indicators are related to the mathematical formula to understand the market condition as well as to help the trader provide selling and buying signals.

Currently, there are literally hundreds and even thousands of indicators that have been made. Sure, every indicator has its own characters and ways to use. Out of so many indicators available, there are at least 3 that are very popular with many users in the world. What are these ?

Moving Average

Undeniably, you cannot talk about trading indicators without mentioning the Moving Average (MA). Yes, every trader must have used this indicator for its simplicity and ease of use. The indicator enables you to calculate the average prices of currencies in a certain period. To use the indicator, you can take a look at the price position compared with the time period or duration.

RSI

RSI stands for Relative Strength Index. It is used to calculate the comparison of the increase and decrease in the price. The range is from 0 to 100. With this indicator, it is easier for you to know whether a price has been overbought or oversold. The main principle of using RSI is very easy. If the RSI value is very high above 70, it means that the market has been overbought and there is also a declining potential. This means, it is the appropriate time for selling.

Then again, if the RSI value is low below 30, the market has been oversold. There is an increasing potential and it is the time for buying.

Stochastic

Stochastic is an indicator that shows the last closing price location compared with the highest and the lowest range in a particular period. There are 3 types of Stochastic Oscillators; they are Fast, Slow, and Full. The indicator is also signed with 2 lines; known as %K and %D.

The buying and selling signals are seen from those two lines. If %K is crossing to %D, it means the buying signal appears. On the other hand, when %D crosses the %K, it indicates the selling signal.

We've collected thousands of datapoints and written a guide to help you find the best Technical Analysis Basics 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 Technical analysis brokers below.

Reputable Technical Analysis Basics Checklist

There are a number of important factors to consider when picking an online Technical Analysis 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 Technical Analysis Brokers.

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

Top 15 Technical Analysis Brokers of 2021 compared

Here are the top Technical Analysis Brokers.

Compare Technical Analysis Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are Technical analysis brokers. Learn more about what they offer below.

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

Broker eToro XTB AvaTrade Roboforex Pepperstone Plus500 EasyMarkets Trading212 SpreadEx Admiral Markets.com
Rating
Regulation Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 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 Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC)
Min Deposit 50 No minimum deposit 250 1 200 100 100 1 1 200 250
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 20,000,000+ 250,000+ 200,000+ 10,000+ 89,000+ 15,500+ 142,500+ 15,000,000+ 10,000+ 10,000+ 10,000+
Benefits
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Standard account
  • Islamic account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard 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
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Demo account
  • Standard account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Demo account
  • Mini account
  • Standard account
  • Islamic account
Spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
Platforms Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, Web Trader, Tablet & Mobile apps
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
etoro
Sign Up with
xtb
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avatrade
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roboforex
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pepperstone
Sign Up with
plus500
Sign Up with
easymarkets
Sign Up with
trading212
Sign Up with
spreadex
Sign Up with
admiralmarkets
Sign Up with
marketscom
Risk Warning 67% of retail investor accounts lose money when trading CFDs with this provider. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 72% of retail investor accounts lose money when trading CFDs with this provider Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money 72% 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. Your capital is at risk CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Losses can exceed deposits Losses can exceed deposits 84% 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.
Demo eToro
Demo
XTB
Demo
AvaTrade
Demo
Roboforex
Demo
Pepperstone
Demo
Plus500
Demo
easyMarkets
Demo
Trading 212
Demo
SpreadEx
Demo
Admiral Markets
Demo
Markets.com
Demo
Excluded Countries ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, US, IN, PK, BD, NG , ID, BE, AU BE, BR, KP, NZ, TR, US, CA, SG US, JP BR, KR, IR, IQ, SY, JP, US MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE US US, CA US, TR US, CA, JP, SG, MY, JM, IR, TR AU, RU, BR, CH, ZA, SG, JP, US, CA, BE, IL, TR, NZ, MY, SY, TH, ID, IR, IQ, HK, PH, PR

eToro Risk Disclosure

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results.

Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.


All Technical analysis brokers in more detail

You can compare Technical Analysis 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 Technical Analysis Brokers for 2021 article further below. You can see it now by clicking here

We have listed top Technical analysis brokers below.

Technical Analysis Basics List

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

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results.

Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

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

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 250000+ traders. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)
AvaTrade
(4/5)
Min deposit : 250
AvaTrade was established in 2006 and is used by over 200000+ traders. 72% 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

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

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 Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI)
Roboforex
(4/5)
Min deposit : 1
Roboforex was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
Pepperstone
(4/5)
Min deposit : 200
Pepperstone was established in 2010 and is used by over 89000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money Pepperstone offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217
Plus500
(4/5)
Min deposit : 100
Plus500 was established in 2008 and is used by over 15500+ traders. 72% 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 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
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 Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
Trading212
(3/5)
Min deposit : 1
Trading 212 was established in 2006 and is used by over 15000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Trading 212 offers Stocks, Forex, Commodities, Indices.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
SpreadEx
(4/5)
Min deposit : 1
SpreadEx was established in 1999 and is used by over 10000+ traders. Losses can exceed deposits SpreadEx offers Forex, CFDs, and spread betting.

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)
Admiral
(3/5)
Min deposit : 200
Admiral Markets was established in 2001 and is used by over 10000+ traders. Losses can exceed deposits Admiral Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
Markets.com
(4/5)
Min deposit : 250
Markets.com was established in 2008 and is used by over 10000+ traders. 84% 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. Markets.com offers Forex, CFDs and Spread Bets. Spread Bets are only available to UK customers.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, 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), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC)

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