Compare Forex and CFD Brokers

There are a lot of CFD and forex brokers. Some of them offer a free demo account which allows you to test the trading platform before opening a real account. Choosing a suitable broker or comparing brokers isn't always easy. Things to keep in mind are the functions you desire on the trading platform, minimum deposit, counterparty risk,... And do they offer webinars and seminars, education, daily analysis, trading signals,...?

  • Regulated by ASIC (Australia)
  • True ECN broker: Institutional pricing with no dealing desk, no requotes and no trading restrictions
  • Trading with the cTrader platform or MT4 software
  • Free unlimited demo
  • $200 minimum deposit
  • Very good customer service and free webinars with top traders
  • Read IC Markets review
  • Spreads from 0.0 pips on EUR/USD
  • Regulated by FCA (UK) and others
  • Advanced trading platform with mobile apps. Trading is also possible via software such as MT4, ProRealtime or L2 Dealer
  • Advanced charts and technical analysis
  • Free unlimited demo
  • No minimum deposit
  • Very good support and free education, trading suggestions, news, analysis, webinars and seminars
  • Read IG review
  • Minimum 0.6 pip spread on EUR/USD
  • Worldwide broker, clients in over 180 countries
  • Authorised and regulated by FCA (UK), ASIC (Australia), FSB (South Africa) and CySEC (Cyprus)
  • Free unlimited demo
  • Minimum deposit: 500 dollars
  • IronFX platform or MT4 and PMAM
  • Webinars, ebooks, daily fundamental and technical analysis, seminars and roadshows
  • Read IronFx review
  • Minimum 0.7 pip spread on EUR/USD
Think Markets
  • Worldwide broker, clients in 75 countries
  • Regulated by FCA (UK) and AFSL (Australia)
  • Free unlimited demo
  • Trade with the award winning MT4 tradestation software or the ThinkTrader platform
  • Autochartist (automatic pattern recognition)
  • Minimum deposit: 250 dollars
  • Expert Advisor (EA) trading
  • Daily news, analysis
  • Read Think Markets review
  • Minimum 0.8 pip spread on EUR/USD
  • Very easy platform with mobile apps
  • Charting and technical analysis is rather limited
  • Free unlimited demo
  • 100 euro minimum deposit required
  • Never lose more than your account balance, customers cannot lose more than the funds they have available on their account.
  • Support: email and online chat
  • Read Plus500 review
  • Minimum 0.8 pip spread on EUR/USD
  • Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909).
  • Plus500CY LTD is authorised and regulated by the Cyprus Securities and Exchange Commission (Licence No. 250/14).
  • Plus500AU Pty Ltd, AFSL #417727 issued by the Australian Securities and Investments Commission is authorized to issue these products to Australian residents.
  • Operated by SafeCap Investments Limited, regulated and authorized by CySEC.
  • Markets platform with mobile apps
  • Advanced technical analysis tools
  • Free unlimited demo
  • Excellent customer support, educational webinars
  • Read review
  • Fixed 1.7 pip spread on EUR/USD
  • Regulated by the Central Bank of Ireland
  • AvaTrader platform with mobile apps; trading is also possible via MetaTrader 4
  • Advanced technical analysis and Autochartist (automatic pattern recognition)
  • Free demo for 21 days
  • Daily analysis, webinars and education
  • Read AvaTrade review
  • 1 - 1.8 pip spread on EUR/USD
  • Regulated by the FCA
  • Very easy to use platform and mobile apps
  • Nice and clear charts, but no technical indicators, suitable for price action trading
  • Unlimited free demo
  • $100 minimum deposit
  • Read Fortrade review
  • 2 pip spread on EUR/USD