Top Technical Analysis Basics for 2024

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

Best Technical Analysis Basics Guide

Analysis by Andrew Blumer, Updated Last updated - March 02, 2024

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 have conducted extensive research and analysis on over multiple data points on Technical Analysis Basics to present you with a comprehensive guide that can help you find the most suitable Technical Analysis Basics. Below we shortlist what we think are the best Technical analysis brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Technical Analysis Basics.

Reputable Technical Analysis Basics Checklist

Selecting a reliable and reputable online Technical Analysis 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 Technical Analysis more confidently.

Selecting the right online Technical Analysis trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:

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 Technical Analysis Brokers in Our Brokerage Comparison Table

When choosing a broker for Technical analysis trading, it's essential to compare the different options available to you. Our Technical analysis brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.

By comparing these essential features, you can choose a Technical analysis broker that best suits your needs and preferences for Technical analysis. Our Technical analysis broker comparison table simplifies the process, allowing you to make a more informed decision.

Top 15 Technical Analysis Brokers of 2024 compared

Here are the top Technical Analysis Brokers.

Compare Technical analysis brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Technical analysis broker, it's crucial to compare several factors to choose the right one for your Technical analysis needs. Our comparison tool allows you to compare the essential features 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 Roboforex eToro XTB Pepperstone AvaTrade EasyMarkets SpreadEx Plus500 Admiral Trading212 IB
Rating
Regulation 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 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) Financial Conduct Authority (FCA) Firm reference number 609146, Financial Supervision Commission (FSC), Cyprus Securities and Exchange Commission (CySec) License number 398/21 Financial Conduct Authority (FCA)
Min Deposit 10 100 No minimum deposit 200 100 100 1 100 200 1 10000
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 1,000,000+ 30,000,000+ 935,000+ 400,000+ 300,000+ 142,500+ 10,000+ 24,000,000+ 10,000+ 15,000,000+ 10,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • 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
  • Offers Negative Balance Protection
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Demo account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Managed account
Platforms MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Mirror Trader, 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, Tablet & Mobile apps Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps Web Trader, NinjaTrader, Tablet & Mobile apps
Support
  • Live chat
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  • Live chat
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  • Live chat
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  • Live chat
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  • Live chat
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eToro
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XTB
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easyMarkets
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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 2024 article further below. You can see it now by clicking here

We have listed top Technical analysis brokers below.

Technical Analysis Basics List

Roboforex
(4/5)
Min deposit : 10
Roboforex was established in 2009 and is used by over 1000000+ traders. Losses can exceed deposits Roboforex 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 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
eToro
(4/5)
Min deposit : 100
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. 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.

eToro was established in 2007 and is used by over 30000000+ traders. 76% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Social Trading, Stocks, Commodities, Indices, Forex (Currencies), CFDs, Cryptocurrency, Exchange Traded Funds (ETF), Index Based Funds. 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 ECN account
Islamic account VIP account
Regulated by 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
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 935000+ 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 ECN account
Islamic account VIP account
Regulated by 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)
Pepperstone
(4/5)
Min deposit : 200
Pepperstone was established in 2010 and is used by over 400000+ 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
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 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
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, MT5, 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), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI)
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 ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
Plus500
(4/5)
Min deposit : 100
Plus500 was established in 2008 and is used by over 24000000+ traders. 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. Plus500 offers CFDs, CFD Shares, CFD Indices, CFD Forex, CFD Commodities, CFD ETFs, CFD Options, CFD Futures, Real shares via Plus500Invest .


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) 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
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 ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
Trading212
(3/5)
Min deposit : 1
Trading 212 was established in 2004 and is used by over 15000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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) Firm reference number 609146, Financial Supervision Commission (FSC), Cyprus Securities and Exchange Commission (CySec) License number 398/21
IB
(3/5)
Min deposit : 10000
Interactive Brokers was established in 1977 and is used by over 10000+ traders. Losses can exceed deposits Interactive Brokers offers Forex.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, NinjaTrader, 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)

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Losses can exceed deposits
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Losses can exceed deposits