Best Phoenix Markets Alternatives for 2022

The most in depth guide to Phoenix Markets Alternatives on the Internet.

What Phoenix Markets Does Not Offer and Alternatives For Each

When trading having a broker you can rely on is essential. If Phoenix Markets does not match your requirements we explain the top Phoenix Markets alternatives and Phoenix Markets competitors in this guide. The best alternative for Phoenix Markets is eToro or IC Markets.

When searching for a Phoenix Markets alternative there are a few things you need to check. The Phoenix Markets trading platform alternative that you decide upon needs to offer features and have trading fees that match your investment strategies and trading requirements. We offer a detailed list and examination of all of the top Phoenix Markets alternatives and competitors feature by feature further below this Phoenix Markets alternatives guide. If you are looking for a trading platform that offers similar features to Phoenix Markets or Phoenix Markets does not offer something that you require when trading we will show you the best Phoenix Markets alternative options below.

We highlight the pros and cons of each Phoenix Markets alternative. Maybe you are looking for better customer service from a Phoenix Markets alternative, or more competitive Phoenix Markets fees and more financial instruments to trade.

We have listed some reasons why Phoenix Markets may not be the best broker for you. But dont worry we have compiled a list of the best alternatives further below.

Top Phoenix Markets Alternative is eToro

Rating 3/5 4/5 4/5
💻 Trading Platforms MT4,mac,Android.iPhone/iPad Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac
📋 Instruments Available 97 2000 232
📈 Stocks Offerd 379 2042 110
💎 Cryptocurrency Yes Yes Yes
💹 Forex Pairs 67 50 65
📈 Commodities 0 31 19
💰 Min Deposit 500 10 200
👱‍♂️ Used By 10,000 users 20,000,000 users 180,000 users
📆 Founded 2013 2007 2007
👮‍♂️ Regulation Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
🌍 HQ Cyprus Cyprus, UK Australia
🚫 Excluded Countries BE, CA, IR, JP, KP, US, BA, ET, IQ, UG, VU, YE, AF, LA, TR, SY, IL ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, 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
Risk Warning Your capital is at risk 67% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits

If you want to see a more indepth feature by feature Phoenix Markets alternative comparison, you can scroll further down here.

Phoenix Markets Alternatives List

eToro
(4/5)
Min deposit : 10

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.
IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 180000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 250000+ traders. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.
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.
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 10000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs.
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.
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 3500000+ traders. Your capital is at risk XM offers Forex, CFDs.
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.

phoenix markets alternatives
Phoenix Markets Summary

phoenix markets alternatives
Phoenix Markets Tradable Financial Assets

Phoenix Markets Alternatives

phoenix markets alternatives
Phoenix Markets Trading Account Features

phoenix markets alternatives
Phoenix Markets Risk Management Features

phoenix markets alternatives
Phoenix Markets Fees

phoenix markets alternatives
Phoenix Markets Regulation

phoenix markets alternatives
Phoenix Markets Desktop Computer and Mobile Device Support

Below is an extensive list of the best alternatives to Phoenix Markets based on our unique 256 point criteria.

Top alternative for Phoenix Markets is eToro

eToro is the best alternative broker to Phoenix Markets. eToro has been in operation for over 14 years.

eToro, as a brokerage is regulated. This means eToro are supervised by and checked for conduct by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)

If Phoenix Markets or eToro are not what you are looking for try IC Markets.

With Phoenix Markets, Your capital is at risk

With eToro, Losses can exceed deposits

With IC Markets, 71% of retail investor accounts lose money when trading CFDs with this provider

IC Markets, as a brokerage is regulated. This means IC Markets are supervised by and checked for conduct by the Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)

Here are some of the key reasons why traders choose eToro and IC Markets over Phoenix Markets

  eToro IC Markets AvaTrade
Brokerage Rating (4/5) (4/5) (4/5)
Regulator Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049)
Min Deposit 10 200 100
Min Trade $25 0.01 Lot 0.01 Lot
Platforms Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5
Risk Warning 67% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 71% of retail investor accounts lose money when trading CFDs with this provider
  Visit eToro Visit IC Markets Visit AvaTrade

If you want to read more about eToro, we have put together an in-depth eToro review that explores their platform, spreads, and trading conditions in more detail.

If eToro does not match your criteria, have a look at the 10 best Phoenix Markets alternatives below.

Best Phoenix Markets Alternatives for 2022


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