Spreads Forex

We found 24 online brokers that are appropriate for Trading Spreads.

Spreads Forex

It is wise to know what a Forex spread is one of the primary costs a trader inherits in the business of trading fiat currencies. To get a better understanding of the Forex spread and how it impacts your approach to trading on the foreign exchange markets, let’s first define what it actually is. Then we’ll dive into the finer details of the matter; such as how a forex spread works, how to calculate and mitigate costs, and how to be on the lookout for changes in spreads to minimize your risks and put you in the best possible position to succeed as an up-and-coming Forex trader.

What is a Spread in Forex?

Almost all Forex Exchange Markets have a spread. The spread is the difference between the “bid” and “ask” price of a base fiat currency. As a trader, you will pay a premium price to the broker, in this case the online trading platform of choice, to execute a trade.

Although most FX platforms advertise free trading or a zero-commision fee to their subscribed users, the reality is that the price of trading is built-in to the spread of any given trade that you execute. If you wanted to sell the currency back immediately after you buy it, you will have to forfeit the cost you paid in the spread unless the currency you hold appreciates in price instantly (which is unlikely to happen but not impossible). Below is an example of how you would calculate the percentage spread in a given trade. To understand why you would inherit a loss if you chose to immediately sell the fiat currency after you had bought it, let’s provide a simple analogy to help you visualize this concept a bit better.

Imagine one day you decide to go to a motorcycle dealership to get yourself a brand spanking new bike. The bike costs $10,000 and you pay the full cost to drive it out the door. The dealership takes the $10,000 you paid them and uses that money to pay for their internal costs. They have to pay for the inventory which is the bike, which is $5,000. Then they also have to pay the sales employee that helped you with your purchase as well as overhead that may include things like warehousing their inventory, utility bills, etc.

Now imagine after you drive away with your new bike that you no longer like it and decide to sell it back to the dealership. Will they give you the price you paid for it back? Highly unlikely. Instead they will only give you $5,000 back, because they already used a portion of your money to pay the salesman his or her salary, the landlord their rent, and so on.

Same goes for the Forex trading platform that you use except in this case the landlord is the server that the Forex brokerage uses to communicate with the world on the buy and sell orders that you place, and the salesman is the profit the platform takes for keeping their proverbial lights on to continue operating their arbitrage business.

What Determines a Spread?

The factors that determine how large or small the spread on a given currency pair will be are liquidity, volume, and volatility. The more buyers and sellers that participate in the trading of a given currency pair will ultimately impact the spread of that pair. This is because when more buyers and sellers participate in the trading of a pair, there will be more bids and offers in an actively traded pair.

Therefore the brokerage may discount the cost per trade via the spread since the volume traded will be greater, thus the total revenue for the pair will increase. Further, the brokerage may hope to stimulate more volume traded by offering a more attractive spread.

Volatility also plays a large role in the cost of a spread because with more volatility, the pair becomes more desirable for day-traders, which in-turn impacts the liquidity and volume of trades of a particular currency. However volatility on a less actively traded pair will have an opposite effect. For example, there may be large volatility on a pair with low volume traded. Since brokerages must offset their risk from orders taken in with an exchange or bank, they must account for this risk within the spread.

On a low activity pair, with high volatility, the price may move significantly in mere seconds. If the brokerage takes an order, they stand to incur a loss if that pair should move substantially before they are able to offset their own risk at a counterparty. By building in a larger spread, the brokerage effectively mitigates the short term volatility risk, as now they can absorb a movement in the market prior to their risk mitigation without taking a loss on the order.

Example Spreads Calculation

Each Forex trade that happens on a platform always includes two currencies which is called a currency trading pair. Our example will use the U.S. dollar (USD) and the Australian dollar (AUD) to calculate a sample spread cost. Let’s say the AUD is worth 0.7 that of the USD, so for every USD you have 0.7 AUD. You believe that the AUD will appreciate by 0.1 to 0.8 against the dollar so you place a buy order for 10 units of AUD.

The nearest quoted ask-price for 1 AUD is 0.74 USD, so you place your order. The AUD seller on the other side of the trade may have a bid-price posted at .72 USD. In this case the spread will be calculated as (0.74-0.72 USD) x 10, or 0.20 USD for 10 units.

How to Mitigate Your Spread Cost

There are a total of two methods that you can exploit to minimize your trading spread cost, and they both result in the fact that as a trader, you’re looking for high-volume trading pairs. The first suggestion is that you should seek to trade during the most favorable trading hours, when there are many buy and sell orders being placed in the market. Below is a list of the most favorable trading times on average.

The second suggestion is that you should try to avoid trading low-volume currency pairs and stick with highly-traded pairs such as the USD/AUD pair. Market makers are always competing for business, so if you’re trading low volume pairs you can expect there to be a minimal amount of brokers and less competition will make for wider spreads, impacting your bottom-line.

Spreads Brokers Guide

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

Reputable Spreads Brokers Checklist

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

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

Best 15 Spreads Brokers of 2020 compared

Here are the best Spreads Brokers.

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

All brokers below are spreads brokers. Learn more about what they offer below.

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

Broker XTB eToro Pepperstone Plus500 AvaTrade FXPrimus IC Markets FP Markets HY Markets City Index EasyMarkets Forex.com Admiral FXPro XM Axitrader
Rating
Regulation 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), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) Financial Conduct Authority (FCA), FCA FRN 509909, Cyprus Securities and Exchange Commission (CySEC), CySEC cLicense No. 250/14 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) Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Australian Securities and Investment Commission (ASIC), 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), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS) Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) 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), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of The Bahamas (SCB), Dubai Financial Services Authority (DFSA) 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), Dubai Financial Services Authority (DFSA)
Min Deposit No minimum deposit 200 200 100 250 100 200 100 100 25 1 500 200 100 5 No minimum deposit
Funding
  • Bank transfer
  • Credit Card
  • 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
  • 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 250,000+ 10,000+ 10,000+ 15,500+ 200,000+ 10,000+ 60,000+ 10,000+ 10,000+ 14,000+ 10,000+ 40,000+ 10,000+ 10,000+ 70,000+ 10,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • 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
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • 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
  • Allows scalping
  • Allows hedging
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • 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
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
Accounts
  • Pro account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Standard account
  • Islamic account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Mini account
  • Standard account
  • Raw Spread account
  • Islamic account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Micro account
  • Mini account
  • Standard account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Micro account
  • Mini account
  • Standard account
  • ECN 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
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
Platforms MT4, Mirror Trader, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps MT4, Tablet & Mobile apps MT4, Web Trader, Tablet & Mobile apps MT4, 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, Mac, cTrader, ProTrader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
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  • Live chat
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  • Live chat
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  • Email 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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  • Live chat
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  • Live chat
  • Phone support
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  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
XTB
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eToro
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Pepperstone
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Plus500
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AvaTrade
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FXPrimus
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IC Markets
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FP Markets
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HYCM
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City Index
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EasyMarkets
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Forex.com
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Admiral Markets
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FXPro
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XM
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Axitrader
Risk Warning Your capital is at risk 65% 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. 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 76.4% of retail CFD accounts lose money Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits 72% of retail investor accounts lose money when trading CFDs with this provider Your capital is at risk 69% of retail investor accounts lose money when trading CFDs with this provider Losses can exceed deposits Your capital is at risk Your capital is at risk Losses can exceed deposits
Demo XTB
Demo
eToro
Demo
Pepperstone
Demo
Plus500
Demo
AvaTrade
Demo
FXPrimus
Demo
IC Markets
Demo
FP Markets
Demo
HYCM
Demo
City Index
Demo
EasyMarkets
Demo
Forex.com
Demo
Admiral Markets
Demo
FXPro
Demo
XM
Demo
Axitrader
Demo
Excluded Countries US, IN, PK, BD, NG , ID, BE US, IR, KP, BE, CA, JP, SY, TR, IL KR, IR, IQ, SY, JP, US BE, US, CA, CN, ID, PH BE, BR, KP, NZ, TR, US, CA, SG AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA US, JP, NZ 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 US BE US, CA, JP, SG, MY, JM, IR, TR US, IR, CA US, CA, IL, BE, KR, IR, MM, CU, SD, SY US, JP

All Spreads brokers in more detail

We have listed 24 best Spreads brokers below.

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

1
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
2
eToro
(4/5)
Min deposit : 200
eToro offers CFDs, Social Trading
eToro was established in 2006 and is used by over 10000+ traders.
65% 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
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
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
5
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
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
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
8
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
9
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
10
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.
72% 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
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
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
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, Mac, cTrader, ProTrader, 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
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
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
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
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)
ForTrade
(4/5)
Min deposit : 1
ForTrade offers Forex, CFDs
ForTrade was established in 1992 and is used by over 10000+ traders.
Your capital is at risk

Funding methods

  • Bank transfer
  • Credit Card
  • Paypal

Platforms

MT4, Binary, 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)
ForTrade 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