Forex Swap

We found 24 online brokers that are appropriate for Trading Forex Swap.

Forex Swap Rollover Fee Calculator

We have created a Forex Swap Rollover Fee calculator for traders. Understanding the value of your pip is essential when managing risk. The Forex Swap Rollover Fee Calculator will help you calculate the value of a pip based on your currency pair and trading size in lots.

How the Swap Rollover Fee Calculator Works

For forex, the Swap Calculator works as follows: Swap = (Pip Value * Swap Rate * Number of Nights) / 10

For spot energies, the Swap Calculator works as follows: Swap = Lot Size * Swap Rate * Number of Nights

  1. Input the Pip Value
  2. Input the Swap Rate
  3. Input the Number of Nights
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Decoding and Calculating the Forex Swap Rollover Fee

A Forex swap is also known as an interest rollover and it takes place when you carryover your trade from one day of Forex trading and into the next day.

This can also commonly be called simply a carry, when you engage in trading today for the currency pair that you’re trading and you carry that same exact trade over into the following day. One of the labels that you should see in your Forex brokers terminal window or platform as is the term swap. Swap is either the interest that you earn or pay for holding on to a trade for 24 hours or more. Typically you won’t earn or pay any interest or money if you don’t hold the trade through whichever time your brokerage platform uses as its cut-off point for daily trading.

Many U.S. Forex platforms will use Eastern Standard time as their preferred time zone. For what reason do Forex brokers offer daily swap interest rollovers?

The fast-paced Forex world of day-trading, each central bank across the glove has an interest rate they issue to their customers for issuing loans.

Their interest rate is calculated to offset the amount of risk they choose to employ in offering loans to their customers.

You’ll find that on the nightly business news, banks will always announce and talk about national interest rates. The central bank in the United States (USD) as an example might have a 4% interest rate, and the central bank in England (GBP) may issue a 1% interest rate on loans to their brokers and clients. If you buy the U.S. dollar (USD) in exchange for the British Pound Sterling (GBP), and you hold that trade overnight, are you going to earn interest payments or expend them?

You will earn interest payments from the broker because the United States bank interest rate is substantially higher than that of the national bank of England.

The primary reason this exists is an unknown mystery to almost all people and something that has almost been forgotten by many. Back in the day when you were holding on to valued capital overnight in your bank account, you would accrue interest on your valued holdings at a rate that was predetermined by your bank. In exchange for letting the bank hold on to your capital and use it to make investments in order to make more money, they would give a little sliver or percentage of their investment earnings back to you.

In the event that you would hold a low interest pair against a high interest pair then you would instead get charged interest as the bank would be losing investment capital.

Forex Swap

As an example, if were to sell the U.S. dollar (USD) in exchange for the British pound (GBP) you’re effectively shorting the U.S. dollar (betting against the value of the U.S. dollar) and you’re buying the GBP, in this you will be paying interest if you choose to hold that trade for an extended period of time (longer than 24 hours). This is in fact a complex calculation to make considering that even though you will pay interest, the GBP may outperform the USD in the 24 hours trading period to the point where it would make up for whatever interest that you would have to pay for carrying your trade overnight for longer than 24 hours.

Forex swap calculation

Let’s calculate an example simulated scenario of a Forex swap together, where we’ll be using the previously mentioned currency pair of USD/GBP.

Let’s say you decide to open a sell position on USD/GBP for 1 lot (100,000 units). You would now be holding 100,000 USD, borrowing at a rate of 4.0%. When selling USD/GBP, you are buying Australian dollars which accrue interest at a rate of 1.0%. Now you see that when the interest rate of a country’s currency that you are purchasing is higher than the interest rate of the traded currency pair that you are selling, storage and interest fees will accrue in your trading portfolio..

In this example we will be buying the British pound and selling the US dollar. Because the interest rate of the traded currency pair selling is significantly higher than the currency that we are buying we will be required to add-in the froreign currency exchange broker’s commission into our example equation below.

● Contract: 100,000 GBP ● Price: USD/GBP – 0.77 ● Interest Rate Differential: 5% (6% – 1%) ● Broker’s Commission: 0.3% ● Days per Year: 365 days in one year

Below we dive into the details (the equation) as to how we would go about calculating the traded currency pair swap amount and the amount of swap rollover fees we would receive if we were to hold the currency for overnight for one night.

SWAP = (Contract x (Interest Rate Differential – Commission) / 100) x Price / Day per Year

We will go ahead and use the example values provided earlier on in the article in order to calculate how much we money we would make if we decided to carry our day-trade on into the next day (longer than 24 hours).

(100,000 GBP x (5% + 0.3%) / 100) x 0.77 / 365 = 11.18 British Pounds

What this essentially means is that when your U.S. dollar position carries over into the next day and you don’t trade it back for at least 24 hours, your account will be debited 11.18 British Pounds by the Forex broker. While this may not seem like a whole lot of money, remember that the total interest you earn overtime, from day-to-day will quickly add up and grow exponentially as you will have more funds with each day to trade with and thus carryover.

Important Foreign Exchange swap statistics

Below we have put together a comprehensive list of interesting and mind-blowing global Forex swap statistics, listed no particular order. With these statistics you will help your mind better grasp and conceptualize exactly how big the foreign exchange swap market truly is, and what benefits and risks are associated with trading swaps on the Forex market.

● Day-trading in the Forex markets totaled a whopping $6.6 trillion per day April 2019, which represents a $1.5 trillion dollar increase from the same-time day-trading 3 years ago. Growth of Forex derivatives, specifically foreign exchange swaps significantly outpaced standard spot price day-trading. ● Forex swaps continue to quickly gain momentum and market share in total foreign exchange trading and accounted for roughly 49% of the total amount of foreign currencies that were exchanged in April of 2019. ● Over-the-counter (OTC) Forex exchange swaps have increased by about 240% from year 2004 to year 2019 and currency swaps have risen by over 400%, outpacing all other derivatives in its class. ● The US dollar takes the lead over the total amount of Forex currency swap transactions and also attributed for almost 91% of all the Forex swap transactions that took place in year 2019.

Forex Swap Conclusion

Trading Forex currency swaps certainly won’t make you a millionaire overnight, but it will act as just another method to further pad your trading portfolio in a positive, more profitable direction. Furthermore, you can use resources online like Forex swap calculators to get a better handle on your potential trading positions.

Forex Swap Broker Guide

We've collected thousands of datapoints and written a guide to help you find the best Forex Swap 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 Forex Swap below. You can go straight to the broker list here.

Reputable Forex Swap Broker Checklist

There are a number of important factors to consider when picking an online Forex Swap 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 Forex Swap Brokers.

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

Best 15 Forex Swap Brokers of 2020 compared

Here are the best Forex Swap Brokers.

Compare Forex Swap Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are forex swap brokers. Learn more about what they offer below.

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

Broker eToro XTB Pepperstone IC Markets Plus500 FXPrimus Roboforex HY Markets XM ThinkMarkets AvaTrade FP Markets Forex.com Admiral OctaFX City Index
Rating
Regulation Financial Conduct Authority (FCA), 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 Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA FRN 509909, Cyprus Securities and Exchange Commission (CySEC), CySEC cLicense No. 250/14 Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA reference number 186171, Cyprus Securities and Exchange Commission (CySEC), CySEC license number 259/14, Cayman Islands Monetary Authority (CIMA), CIMA reference number 1442313, Dubai financial services authority (DFSA), DFSA license number 000048 Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI) Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS)
Min Deposit 200 No minimum deposit 200 200 100 100 1 100 5 250 250 100 500 200 5 25
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
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  • Paypal
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  • Paypal
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  • Paypal
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  • Paypal
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  • Paypal
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  • Paypal
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  • Paypal
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  • Credit Card
  • Paypal
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  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 12,000,000+ 250,000+ 10,000+ 60,000+ 15,500+ 10,000+ 10,000+ 10,000+ 70,000+ 10,000+ 200,000+ 10,000+ 40,000+ 10,000+ 30,000+ 14,000+
Benefits
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • 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
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
Spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
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  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
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  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
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  • 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 MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac Web Trader, Tablet & Mobile apps MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps MT4, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, Mac, Web Trader, Tablet & Mobile apps MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, Web Trader, cTrader, Tablet & Mobile apps MT4, Web Trader, Tablet & Mobile apps
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
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  • Email support
  • Live chat
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  • Email support
  • Live chat
  • Phone support
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  • Live chat
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  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
eToro
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XTB
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Pepperstone
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IC Markets
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Plus500
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FXPrimus
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Roboforex
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HYCM
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XM
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ThinkMarkets
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AvaTrade
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FP Markets
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Forex.com
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Admiral Markets
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OctaFX
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City Index
Risk Warning 62% 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. 73.6% 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 76.4% of retail CFD accounts lose money Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits Your capital is at risk Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits 69% of retail investor accounts lose money when trading CFDs with this provider Losses can exceed deposits Losses can exceed deposits 71% of retail investor accounts lose money when trading CFDs with this provider
Demo eToro
Demo
XTB
Demo
Pepperstone
Demo
IC Markets
Demo
Plus500
Demo
FXPrimus
Demo
Roboforex
Demo
HYCM
Demo
XM
Demo
ThinkMarkets
Demo
AvaTrade
Demo
FP Markets
Demo
Forex.com
Demo
Admiral Markets
Demo
OctaFX
Demo
City Index
Demo
Excluded Countries US, IR, KP, BE, CA, JP, SY, TR, IL US, IN, PK, BD, NG , ID, BE KR, IR, IQ, SY, JP, US 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 BE, US, CA, CN, ID, PH AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. US, JP US US, CA, IL, BE, KR, IR, MM, CU, SD, SY AF, Yugoslavia, AO, GM, NG, AW, GH, KR, BY, GN, BO, GN, PK, BW, HT, PG, IR, PN Island, Burma MM, IQ, RW, KH, , SN, CF, JP, Sierra, Leone, TD, KG, SO, CI , LB, SZ, CU, LS, SY, of CG, LR, TJ, DJ, LY, Tanzania, EC, Laos, TG, ER, ML, TM, ET, MN, UG, Falkland Islands, NA, US of America, FJ, NI, YE, ZW BE, BR, KP, NZ, TR, US, CA, SG US, JP, NZ BE US, CA, JP, SG, MY, JM, IR, TR US US, CF, TD, CG, CG, CI, CU, GN, ER, GN, FR, GW, HT, IR, IQ, KR, LB, LR, LY, MM, NZ, NG, SL, SO, SD, SY, TM, UZ, VE, EH, YE, ZW

All Forex swap brokers in more detail

We have listed 24 best Forex swap brokers below.

You can compare Forex Swap 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 Best Forex Swap Brokers for 2020 article further below. You can see it now by clicking here

1
eToro
(4/5)
Min deposit : 200
eToro offers CFDs, Social Trading
eToro was established in 2006 and is used by over 12000000+ traders.
62% 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.

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

Web Trader, Tablet & Mobile apps

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
eToro screenshot
2
XTB
(4/5)
Min deposit : 0
XTB offers Forex, CFDs, Cryptocurrency
XTB was established in 2002 and is used by over 250000+ traders.
Your capital is at risk

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

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

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
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
XTB screenshot
3
Pepperstone
(4/5)
Min deposit : 200
Pepperstone offers Forex, CFDs, Social Trading
Pepperstone was established in 2010 and is used by over 10000+ traders.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.6% 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

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

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

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)
Pepperstone screenshot
4
IC Markets
(4/5)
Min deposit : 200
IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies
IC Markets was established in 2007 and is used by over 60000+ traders.
Losses can exceed deposits

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
Regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
IC Markets screenshot
5
Plus500
(4/5)
Min deposit : 100
Plus500 offers CFDs
Plus500 was established in 2008 and is used by over 15500+ traders.
76.4% of retail CFD accounts lose money

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

Web Trader, Tablet & Mobile apps

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), FCA FRN 509909, Cyprus Securities and Exchange Commission (CySEC), CySEC cLicense No. 250/14
Plus500 screenshot
6
FXPrimus
(4/5)
Min deposit : 100
FXPrimus offers Forex, Social Trading
FXPrimus was established in 2009 and is used by over 10000+ traders.
Losses can exceed deposits

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

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

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID)
FXPrimus screenshot
7
Roboforex
(4/5)
Min deposit : 1
Roboforex offers Forex, CFDs
Roboforex was established in 2009 and is used by over 10000+ traders.
Losses can exceed deposits

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

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

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
Roboforex screenshot
8
HY Markets
(4/5)
Min deposit : 100
HYCM offers Forex, CFDs
HYCM was established in 1977 and is used by over 10000+ traders.
Losses can exceed deposits

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

MT4, Tablet & Mobile apps

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), FCA reference number 186171, Cyprus Securities and Exchange Commission (CySEC), CySEC license number 259/14, Cayman Islands Monetary Authority (CIMA), CIMA reference number 1442313, Dubai financial services authority (DFSA), DFSA license number 000048
HYCM screenshot
9
XM
(4/5)
Min deposit : 5
XM offers Forex, CFDs
XM was established in 2009 and is used by over 70000+ traders.
Your capital is at risk

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

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

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)
XM screenshot
10
ThinkMarkets
(4/5)
Min deposit : 250
ThinkMarkets offers Forex, CFDs
ThinkMarkets was established in 2010 and is used by over 10000+ traders.
Losses can exceed deposits

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

MT4, Mac, Web Trader, Tablet & Mobile apps

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)
ThinkMarkets screenshot
AvaTrade
(4/5)
Min deposit : 250
AvaTrade offers Forex, CFDs, Spread Betting, Social Trading
AvaTrade was established in 2006 and is used by over 200000+ traders.
Losses can exceed deposits

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

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

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
Regulated by Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI)
AvaTrade screenshot
FP Markets
(4/5)
Min deposit : 100
FP Markets offers Forex
FP Markets was established in 2005 and is used by over 10000+ traders.
Losses can exceed deposits

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

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

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
Regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
FP Markets screenshot
Forex.com
(4/5)
Min deposit : 500
Forex.com offers Forex, Indices, Commodities, Equities, Cryptocurrencies
Forex.com was established in 1999 and is used by over 40000+ traders.
69% of retail investor accounts lose money when trading CFDs with this provider

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA)
Forex.com screenshot
Admiral
(4/5)
Min deposit : 200
Admiral Markets offers Forex, CFDs
Admiral Markets was established in 2001 and is used by over 10000+ traders.
Losses can exceed deposits

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

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

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
Admiral Markets screenshot
OctaFX
(4/5)
Min deposit : 5
OctaFX offers Forex
OctaFX was established in 2011 and is used by over 30000+ traders.
Losses can exceed deposits

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

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

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
OctaFX screenshot
City Index
(4/5)
Min deposit : 25
City Index offers Forex, CFDs, Spread Betting
City Index was established in 1983 and is used by over 14000+ traders.
71% of retail investor accounts lose money when trading CFDs with this provider

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

MT4, Web Trader, Tablet & Mobile apps

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS)
City Index screenshot
FXPro
(4/5)
Min deposit : 100
FXPro offers Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies
FXPro was established in 2006 and is used by over 10000+ traders.
Your capital is at risk

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

MT4, MT5, cTrader, Tablet & Mobile apps

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of The Bahamas (SCB), Dubai Financial Services Authority (DFSA)
FXPro screenshot
EasyMarkets
(4/5)
Min deposit : 1
EasyMarkets offers Forex, CFDs
EasyMarkets was established in 2003 and is used by over 10000+ traders.
Your capital is at risk

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

MT4, Web Trader, Tablet & Mobile apps

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)
EasyMarkets screenshot
Axitrader
(4/5)
Min deposit : 0
Axitrader offers Forex, CFDs, Social Trading
Axitrader was established in 2007 and is used by over 10000+ traders.
Losses can exceed deposits

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

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

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA)
Axitrader screenshot
paxforex
(4/5)
Min deposit : 10
PaxForex offers Forex trading, CFD trading,
PaxForex was established in 2010 and is used by over 350+ traders.
Your capital is at risk

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

Web,iPad,mac,Desktop,iPhoneiOS

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
Regulated by Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825
PaxForex screenshot
SpreadEx
(4/5)
Min deposit : 1
SpreadEx offers Forex, CFDs, and spread betting
SpreadEx was established in 1999 and is used by over 10000+ traders.
Losses can exceed deposits

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

Web Trader, Tablet & Mobile apps

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
SpreadEx screenshot
Swissquote
(4/5)
Min deposit : 1000
Swissquote offers Forex, Social Trading
Swissquote was established in 1999 and is used by over 300000+ traders.
Losses can exceed deposits

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

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

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
Swissquote screenshot
Markets.com
(4/5)
Min deposit : 100
Markets.com offers Forex, CFDs and Spread Bets. Spread Bets are only available to UK customers
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.

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

MT4, MT5, Web Trader, Tablet & Mobile apps

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
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 Investment Commission (ASIC)
Markets.com screenshot
forexmart
(4/5)
Min deposit : 1
ForexMart offers Forex trading, CFD trading, Social trading, Share Dealing, Crypocurrency trading
ForexMart was established in 2015 and is used by over 10000+ traders.
Your capital is at risk

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

MT4,WEB,desktop

Spread type

  • fixed spreads
  • variable spreads

Customer support

  • Live chat
  • Phone support
  • Email support
Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)