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27 Best Regulated CFD Forex Brokers

Best Regulated CFD Brokers

 

Overview

Trading contracts for difference (CFDs) is a way of speculating on financial markets that don’t require the buying and selling of any underlying assets.

 

Top 10 Handpicked CFD forex brokers and platforms

CFD trading brokers are defined as ‘the buying and selling of CFDs’, with ‘CFD’ meaning ‘contract for difference’.

 

CFDs are a derivative product because they enable you to speculate on financial markets such as shares, forex, indices, and commodities without having to take ownership of the underlying assets.

 

 

CFDs are a derivative product because they enable you to speculate on financial markets such as shares, forex, indices, and commodities without having to take ownership of the underlying assets.

Instead, when you trade a CFD, you are agreeing to exchange the difference in the price of an asset from the point at which the contract is opened to when it is closed.

One of the main benefits of CFD trading brokers is that you can speculate on price movements in either direction, with the profit or loss you make depends on the extent to which your forecast is correct.

In this article, we explore the 27 best brokers that offer CFD trading, and which are also regulated to ensure a safe and secure trading environment.

 

Plus500

 

Overall Rating

4.9/5

Rated #55 of
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

CySEC, FCA, MAS, FSA, ASIC, FMA, FSCA

Crypto

Yes (Availability subject to regulations)

📱 Trading Platform

WebTrader

📈 Total Pairs

70

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

77% 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.

 

Overview

Plus500 has been in operation since 2008 and is a CFD broker which offers the trade in more than 2,000 financial instruments. Trades can be executed through the Plus500 proprietary trading platform using the broker’s competitive trading conditions.

 

Pros and Cons

✔️ PROS ❌ CONS
Multiple regulations Limited account options
Multilingual support The desktop version of the trading platform not available
A large variety of tradeable financial instruments High inactivity fee
Low trading fees, tight spreads, and low commissions Withdrawal fees charged
Adequate leverage offered Limited payment options supported

Features

✔️ Feature Information
Regulation CySEC, FCA, MAS, FSA, ASIC, FMA, FSCA
Minimum deposit from $100
Customer Support 24/7
Commissions from $0
Deposit/Withdrawal Fees Yes
Maximum Leverage 1:30
Bonuses Yes

 

eToro

 

Overall Rating

4.8/5

Rated #20 of
Recommended FX Brokers

💰Minimum Deposit

USD 50

🌐 Regulators

CySec, FCA 

📱 Trading Desk

No Trading Desk

Crypto

Yes

📈 Total Pairs

47

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

* Etoro has lowered the amount of the minimum FTD to $ 50 for the following countries: Germany, Austria, Netherlands, Norway, UK, Ireland, Spain, Italy, Sweden, Switzerland.

 

Overview

eToro allows traders to follow other traders, discuss trade ideas, and even mimic the successful trading strategies of other traders in the community with its innovative CopyTrading feature.

For a new generation of traders who want to trade cryptocurrencies or incorporate a social community into their online trading platform, eToro might be an ideal solution.

 

Pros and Cons

✔️ PROS  ❌ CONS
Well-regulated Limited account base currencies
Advanced trading platforms Withdrawals can be slow
Low minimum deposit

 

Features

Feature Information
Regulation CySEC, FCA, ASIC
Minimum deposit from $50
Average spread from 0.75 pips
Commissions from No commission on stocks and ETFs
Deposit/Withdrawal Fees $5
Maximum Leverage 1:30
Bonuses $50 Welcome Offer And $50 Per Referral
Customer Support 24/5 – multilingual

 

AvaTrade

 

Overall Rating

4.8/5

Rated #1 of
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

ASIC, FSA, CBI, BVI,FSCA,FRSA,CYCES, ISA, JFSA

📱 Trading Desk

MetaTrader 4, MetaTrader 5, Ava Social, Ava Protect, Trading Central

Crypto

Yes

📈 Total Pairs

55+

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

AvaTrade was founded in 2006 in Dublin, Ireland, and is licensed and fully regulated in the EU and BVI, as well as Australia, Japan, and South Africa.

AvaTrade’s own Ava AutoTrade System enables its clients to engage in algorithmic trading and devise their own forex trading and automation solutions from scratch, which is a feature unique only to AvaTrade‘s trading platform.

 

Pros and Cons

✔️ PROS

No deposit or withdrawal fees

Streamlined account opening process

 ❌ CONS

Inactivity fees on live accounts

Limited product portfolio

 

Features

Feature Information
Regulation Central Bank of Ireland, MiFID, ASIC, BVI
Minimum deposit from $100
Average spread from 0.9 pips
Commissions from No commission on Forex
Deposit/Withdrawal Fees None
Maximum Leverage 1:400
Bonuses First Deposit Bonus
Customer Support 24/5 – multilingual

 

Forex.com

 

Overall Rating

4.7/5

Rated #231 of
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

FCA, CySec 

📱 Trading Desk

Crypto

Yes

📈 Total Pairs

50

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

Founded in the UK in 1999, Forex.com is undoubtedly one of the most well-known, and biggest players in the online forex broker industry.

Forex.com is a brand that is run by GAIN Capital UK, a UK-registered company. As a broker operating out of the UK, Forex.com operates under the Financial Conduct Authority, or FCA, in the UK.

Forex.com offers its traders highly competitive spreads and rates to choose from. The platform also has a wide range of investment instruments from around the world, including cryptocurrencies.

 

Pros and Cons

✔️ PROS  ❌CONS
Low Forex fees Limited asset portfolio
The high number of currency pairs

Well-regulated

High stock CFD fees

 

Features

Feature Information
Regulation FCA, CIMA
Minimum deposit from $50
Average spread from 1 pip
Commissions from Commissions on the commission account only
Deposit/Withdrawal Fees None
Maximum Leverage Variable dependent on instrument traded
Bonuses 20% Welcome Bonus
Customer Support 24/5

 

Pepperstone

 

Overall Rating

4.9/5

Rated #10 of
Recommended FX Brokers

💰Minimum Deposit

USD 10

🌐 Regulators

ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB

📱 Trading Desk

MetaTrader 4, MetaTrader 5 and cTrader, TradingView

Crypto

Yes

📈 Total Pairs

1000+

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

Pepperstone advertises minimum FX spreads starting from one pip but no commission for the “Standard” account, or zero spread but with a commission for the “Razor” account. This is very competitive in the retail FX brokerage space.

Pepperstone is regulated by the Financial Conduct Authority (FCA #684312) which is one of the main regulatory agencies in the U.K. and is highly regarded globally for being strict in ensuring that market practices are fair for both individuals and businesses.

 

Pros and Cons

✔️ PROS

No minimum deposit

Low trading fees for forex

No added costs for withdrawals or deposits

 ❌ CONS

A limited number of instruments

No additional research tools

 

Features

Feature Information
Regulation FCA, ASIC
Minimum deposit from AUD200
Average spread from 0.4 pips
Commissions from ‎$3.76 commission per lot per trade
Deposit/Withdrawal Fees None
Maximum Leverage 1:500
Bonuses None
Customer Support 24/5

 

IC Markets

 

Overall Rating

4.7/5

Rated #37 of
Recommended FX Brokers

💰Minimum Deposit

USD 200

🌐 Regulators

ASIC, CySEC, FSA, SCB

📱 Trading Desk

MetaTrader 4

Crypto

Yes

📈 Total Pairs

65

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

Incorporated in Sydney, Australia in 2007, IC MARKETS is an NDD broker providing trading in more than 80 instruments, including several currency pairs, various CFDs on indices, commodities, and futures, as well as precious metals.

It also offers trading in some of the most popular cryptocurrencies – Bitcoin, Litecoin, Ether, Dash, and Bitcoin Cash.

 

Pros and Cons

✔️ PROS

Low minimum deposit

No deposit or withdrawal fees

Low trading fees

 ❌ CONS

Limited range of asset classes

No Negative Balance Protection is available

 

Features

Feature Information
Regulation ASIC
Minimum deposit from $200
Average spread from 0.0 pips
Commissions from ‎None
Deposit/Withdrawal Fees None
Maximum Leverage 1:500
Bonuses None
Customer Support 24/7

 

XM

 

Overall Rating

4.5/5

Rated #68 of
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

IFSC, CySec, ASIC

📱 Trading Desk

MT4

Crypto

Yes

📈 Total Pairs

55

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

XM

 

Overview

XM is a Forex & CFD trading platform. They are also a regulated online broker where you can trade a range of financial instruments.

Currently, you can trade forex currency pairs as well as 1000+ CFD assets like cryptocurrencies and stocks.

XM is owned by a parent company called Trading Point Holdings Ltd. This means that XM is managed and operated by Trading Point Holdings. Besides XM.com, the other site owned by Trading Point Holdings is Trading.com which is another popular platform.

 

Pros and Cons

✔️ PROS

Low minimum deposit

Comprehensive educational offering

Streamlined account opening process

 ❌ CONS

Inactivity fee charged after 90 days on live accounts

Limited product portfolio

 

Features

Feature Information
Regulation IFSC, ASIC, CySEC, FCA and DFSA
Minimum deposit from $5
Average spread from 0.1 pips
Commissions from $3.5 commission per $100 000 traded
Deposit/Withdrawal Fees None
Maximum Leverage 1:30
Bonuses $30 Trading Bonus
Customer Support 24/5

 

XTB

 

Overall Rating

4.5/5

Rated #68 of
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

IFSC, CySec, ASIC

📱 Trading Desk

MT4

Crypto

Yes

📈 Total Pairs

55

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

XM

 

Overview

Founded in 2002, XTB has developed a loyal following by focusing on developing the nature of the relationship between broker and trader.

Although a relative newcomer XTB has grown to become one of the largest stock exchange-listed, forex and CFD brokers in the world.

The trading platform is of the highest quality but also easy to use. Being regulated and authorized by mainstream regulators ensures that the client focus and trading experience are based on solid foundations.

 

Pros and Cons

✔️ PROS

Low trading fees

Free deposit and withdrawal

 ❌ CONS

High stock CFDs

Limited asset portfolio

 

Features

Feature Information
Regulation KNF, FCA, CySEC and IFSC
Minimum deposit from $250
Average spread from 1.02 pips
Commissions from 0.08% of trade value with an $8 minimum
Deposit/Withdrawal Fees $30 on withdrawals of less than $50
Maximum Leverage 1:500
Bonuses $40 No Deposit Bonus
Customer Support 24/5

 

Alpari

 

Overall Rating

4.7/5

Rated #70 of 
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

FSC 

📱 Trading Desk

MT4, MT5

Crypto

Yes

📈 Total Pairs

48

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

Global giant Alpari is a world-renowned broker with over 20 years in the business. With offices in 8 different countries around the world and 2 million+ clients – the reputation and trust the Alpari brand has established throughout the years is second to none.

Alpari International is the fresh new face of the brand that continues the tradition of putting clients first. This broker offers 250+ financial instruments, a fully regulated platform, and the best possible guidance, conditions, and support to traders of all experience levels.

 

Pros and Cons

✔️ PROS

Advanced copy trading software available

A wide selection of tradable assets

Low minimum deposit

Excellent multilingual customer support

 ❌ CONS

High trading fees

Limited educational resources and research tools

 

Features

Feature Information
Regulation Financial Services Commission (FSC)
Minimum deposit from $100
Average spread from 1.2 pips on majors
Commissions from charged at 4 units of the Base currency
Deposit/Withdrawal Fees None
Maximum Leverage 1:1000
Bonuses Cashback Promotion
Customer Support 24/5

 

AxiTrader

 

Overall Rating

4.6/5

Rated #70 of
Recommended FX Brokers

💰Minimum Deposit

USD 0

🌐 Regulators

ASIC, DFSA, FCA, FSA

📱 Trading Desk

MetaTrader 4

Crypto

Yes

📈 Total Pairs

66

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

Axi

 

 

Overview

AxiTrader, a brokerage firm that operates within the UK, Australian and international markets, is owned by AxiCorp Financial Services Pty Ltd.

The broker was founded in 2007 in Australia before expanding its operations in 2015 to China and again in 2016 to Latin America, the Middle East, and Germany.

Operating exclusively using the MetaTrader4, it offers trading options for Forex Trading, Gold and Silver, Oil, Cryptocurrencies, Indices, Bullion, Metals and Commodities, and Futures CFDs, features standard and pro accounts for mobile and desktop applications.

 

Pros and Cons

✔️ PROS  ❌ CONS
No Minimum Deposit Limited research tools
MetaTrader 4 available

 

Features

Feature Information
Regulation ASIC, FCA, DFSA
Minimum deposit from No minimum deposit
Average spread from 1.24 pip
Commissions from  $ 7 commission charged per round
Deposit/Withdrawal Fees None
Maximum Leverage 1:400
Bonuses 20% Deposit Bonus
Customer Support 24/5

 

Markets.com

 

Overall Rating

4.7/5

Rated #206 of
Recommended FX Brokers

💰Minimum Deposit

$100

🌐 Regulators

CySec, ASIC, FCA, BVI FSC, FSCA

📱 Trading Desk

MetaTrader 4

MetaTrader 5

Markets.com propietary platform

Crypto

Yes

📈 Total Pairs

67

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

Markets.com is one of the bigger names in the CFD and Forex world. Playtech, the parent company since 2015, has been listed on the London Stock Exchange (LSE) for six years.

Originally, the company started as GFC Markets in 2007 and was later rebranded to its current name Markets.com in 2010.

Playtech purchased Markets.com for a sum of 458 million Euros. Markets.com is a brand and trademark used by Safecap Investments Limited, another subsidiary of Playtech, based out of Cyprus.

 

Pros and Cons

✔️ PROS  ❌ CONS
Free and fast deposit and withdrawal Limited product portfolio
Easy and fast account opening

 

Features

Feature Information
Regulation CySEC, FCA, ASIC, FSC, FSCA
Minimum deposit from $100
Average spread from 1.9 pips
Commissions from 1%
Deposit/Withdrawal Fees None
Maximum Leverage 1:300
Bonuses $25 No Deposit Bonus
Customer Support 24/5

 

FXCM

 

Overall Rating

4.6/5

Rated #26 of
Recommended FX Brokers

💰Minimum Deposit

USD 300

🌐 Regulators

FCA, FSCA

📱 Trading Desk

MetaTrader 4, Trading Station

Crypto

Yes

📈 Total Pairs

7

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

FXCM enjoys a large worldwide user base and has high liquidity and large financial assets which enables the company to offer tight spreads (as low as 1 pip) on over 50 currency pairs.

The broker also offers better rates, innovative features, and trading tools, and high-quality customer support services to all levels of traders everywhere in the world.

 

Pros and Cons

✔️ PROS

Excellent educational resources for beginner traders

Low minimum deposit requirement

Advanced research tools

Excellent customer support

❌CONS

No Web Trader option available for trading platforms

Rudimentary mobile trading platform

Limited product portfolio

 

Features

Feature Information
Regulation FCA, ASIC, ACPR, FSP
Minimum deposit from $50
Average spread from 1.3 pips
Commissions from £4 per standard round-turn lot (£2 per side)
Deposit/Withdrawal Fees None
Maximum Leverage 1:400
Bonuses $20 Welcome Bonus
Customer Support 24/5

 

EasyMarkets

 

Overall Rating

4.9/5

Rated #18 of
Recommended FX Brokers

💰Minimum Deposit

$100

🌐 Regulators

CySEC, ASIC, BVI, FSA

📱 Trading Desk

MetaTrader 4, TradingView

Crypto

Yes

📈 Total Pairs

275+

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker
 

 

Overview

The easyMarkets firm is headquartered in Limassol Cyprus and maintains satellite offices in London UK, Sydney Australia, and Warsaw Poland.

Based in Cyprus, the easyMarkets broker is overseen and highly regulated by the Cypress Securities and Exchange Commission (CySEC).

Strict regulatory oversight and segregation of client funds in tier one financial institutions ensure the security of client deposits and the safety of all personal account information.

The easyMarkets broker only offers one type of account for trading assets and limited trading platforms, but account upgrades that provide enhanced spreads and additional support are possible and available through customer support services.

 

Pros and Cons

✔️ PROS

The highly simulated demo environment

Responsive and professional customer support

 ❌ CONS

The Proprietary Deal Cancellation feature is not available on the MetaTrader 4 platform

 

Features

Feature Information
Regulation CySEC
Minimum deposit from $100
Average spread from 0.9 pips
Commissions from None
Deposit/Withdrawal Fees None
Maximum Leverage 1:400
Bonuses $25 Sign Up Bonus
Customer Support 24/5

 

Oanda

 

Overall Rating

4.9/5

Rated #194 of
Recommended FX Brokers

💰Minimum Deposit

USD 0

🌐 Regulators

FCA, CFTC, ASIC, FSC, BVI and IIROC

📱 Trading Desk

MetaTrader 4 (MT4)

MetaTrader 5 (MT5)

Crypto

Yes

📈 Total Pairs

45 

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

Oanda is a US-based forex broker that launched in 1996. At the time of its launch, the company was one of the earliest players in the online forex trading space.

Oanda offers 16 stock index CFDs, 31 commodity CFDs, and 6 bond CFDs. You cannot buy and sell individual stocks or ETFs through Oanda, although the stock indices span a wide range of countries.

 

Pros and Cons

✔️ PROS

User-friendly trading platform

Low minimum deposit

Low trading fees

 ❌ CONS

Lack of decent customer service

High withdrawal fees

Limited instruments for forex and CFDs

 

Features

Feature Information
Regulation FCA, RFID
Minimum deposit from None
Average spread from 1.6 pips
Commissions from USD 0.01 per trade
Deposit/Withdrawal Fees None
Maximum Leverage 1:100
Bonuses None
Customer Support 24/5

 

Vantage FX

 

Overall Rating

4.7/5

Rated #66 of
Recommended FX Brokers

💰Minimum Deposit

USD 200

🌐 Regulators

VFSC 

📱 Trading Desk
MetaTrader 4 and MetaTrader 5
Crypto

Yes

📈 Total Pairs

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

Vantage FX is a member of Vantage Global Prime Pty Ltd. Its head office is in Australia. In 2019, the firm celebrated 10 years of excellence as an award-winning global CFD broker.

The company gives retail and professional traders access to forex markets, indices, shares, commodities, and cryptocurrencies. Its clients have access to two popular trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

 

Pros and Cons

✔️ PROS  ❌ CONS
Well regulated

Advanced trading platforms

Has indemnity insurance

Limited range of tradable instruments

 

Features

Feature Information
Regulation ASIC
Minimum deposit from $200
Average spread from 1.35 pips
Commissions from ‎$3 added per side
Deposit/Withdrawal Fees 20 units of trading account base currency
Maximum Leverage 1:500
Bonuses 50% Welcome Bonus
Customer Support 24/5

 

CM Trading

 

Overall Rating

4.8/5

Rated #7 of
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

FSA

📱 Trading Desk

MetaTrader 4

Crypto

Yes

📈 Total Pairs

154

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker
 

 

Overview

CM Trading is a foreign exchange and CFD trading brokerage located in South Africa, which adheres to the strict regulatory rules set by the FSCA.

Furthermore, your deposits are kept in segregated accounts and monitored by the FSCA, the South African Financial Services Board.  This brokerage promises secure SSL transactions and an advanced encryption algorithm to ensure your security and privacy.

 

Pros and Cons

✔️ PROS  ❌ CONS
Well regulated Limited range of instruments
Segregated client funds
Extensive industry experience

 

Features

Feature Information
Regulation FSCA
Minimum deposit from $250
Average spread from 1.5 pips
Commissions from None
Deposit/Withdrawal Fees 3% and 4% respectively
Maximum Leverage 1:400
Bonuses $25 YFM Bonus
Customer Support 24/5

 

TD Ameritrade

 

Overview

TD Ameritrade is a US brokerage company, regarded as one of the top-rated and most popular worldwide. It has a long and transparent history, dating back to 1975 when it was founded.

Currently, the company serves more than 11 million accounts and processes well over 650,000 trades per day. Today it is one of the industry leaders, offering a wide range of services and investment tools across all segments of financial markets.

 

Pros and Cons

✔️ PROS  ❌ CONS
Large portfolio of investment products High spreads
No commission fees
No minimum deposit

 

Features

Feature Information
Regulation NFA, SIPC, FINRA
Minimum deposit from None
Average spread from 2.0 pips
Commissions from No commission
Deposit/Withdrawal Fees None
Maximum Leverage 50:1
Bonuses Up to $600 cash promotion
Customer Support 24/7 support

 

FXTM

 

Overall Rating

4.6/5

Rated #32 of
Recommended FX Brokers

💰Minimum Deposit

USD 10

🌐 Regulators

CySec, FSCA 

📱 Trading Desk

MetaTrader4, Metatrader 5

Crypto

Yes

📈 Total Pairs

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

Forex Time is an international Forex broker that offers its customers the best services for trading stocks, bonds, commodities, and foreign currencies.

The broker’s ECN (Electronic Communications Network) account allows ForexTime to assist its customers with an automated trading tool that picks the best currency pair prices from a variety of market participants.

 

Pros and Cons

✔️ PROS  ❌ CONS
Superb customer service Inactivity and withdrawal fees
High maximum leverage Limited product portfolio
Great educational tools

 

Features

Feature Information
Regulation CySEC, FCA, FSCA
Minimum deposit from $100
Average spread from 0.9 pips
Commissions from No commission
Deposit/Withdrawal Fees $3
Maximum Leverage 1:500 on average
Bonuses $300 Trading Bonus
Customer Support 24/5

 

IG Group

 

Overall Rating

4.8/5

Rated #38 of 
Recommended FX Brokers

💰Minimum Deposit

USD 0

🌐 Regulators

FCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFF.

📱 Trading Desk

MetaTrader 4

Crypto

Yes

📈 Total Pairs

80

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

With 140,000 active clients globally, IG Group has been a leader in financial spread betting since 1974. Listed on the London Stock Exchange (LSE), IG Group UK is listed on the FTSE 250 Index with a £2.1 billion market cap.

IG subscribers have access to over 10,000 international markets, IG Index is a reliable trading platform offering some of the lowest margins, and competitive rates in the sector.

Account-holders have access to expert analysis and insights, as well as skills training and continuous financial trading advisory and help desk assistance.

 

Pros and Cons

✔️ PROS

Excellent customer support

An advanced suite of technical indicators

The secure and well-regulated trading environment

 ❌ CONS

A demo account is only available for 30 days, and not all platforms can be tested

Limited range of currency options

 

Features

Feature Information
Regulation FCA, FSCA
Minimum deposit from No minimum deposit
Average spread from Variable
Commissions from £3.00 – £8.00 per trade for all types of assets
Deposit/Withdrawal Fees None
Maximum Leverage 1:200
Bonuses None offered
Customer Support 24/6

 

Dukascopy

 

Overall Rating

4.6/5

Rated #17 of
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

FINMA

📱 Trading Desk

MetaTrader 4

Crypto

Yes

📈 Total Pairs

18

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

Dukascopy is one of the most popular and well-known forex brokers established in 2004 in Geneva Switzerland. It operates under the Swiss banking license, and it is regulated by the Swiss financial market supervisory authority (FINMA).

Dukascopy offers a wide range of trading instruments, several features, and functionalities, which are helpful for both new and experienced traders. This broker provides services on CFD trading on stocks, commodities and offers binary options trading as well.

 

Pros and Cons

✔️ PROS  ❌ CONS
Good choice for high volume traders

Comprehensive analytical tools

Flexible trading on advanced platforms

Good selection of currency accounts

High commission

Charges withdrawal fees

High minimum deposit

Charges inactivity fee

 

Features

Feature Information
Regulation FINMA
Minimum deposit from $100
Average spread from 0.3 pips
Commissions from ‎$49.5 per $1 million traded
Deposit/Withdrawal Fees Varies depending on the method
Maximum Leverage 1:200
Bonuses 10% Equity Bonus
Customer Support 24/5

 

FP Markets

 

Overall Rating

4.6/5

Rated #17 of
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

FINMA

📱 Trading Desk

MetaTrader 4

Crypto

Yes