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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. First and foremost you should only choose a well regulated broker, this limits the chances of being scammed. The best brokers are FCA regulated. Other 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,...?

Funding your account and withdrawing money is easy with a Skrill account, which is accepted by most brokers.

ForTrade
Negative balance protection
Suitable for beginners and advanced traders

Fortrade

  • Very easy to use ForTrade platform and mobile apps
  • Nice and clear charts and technical indicators
  • Very suitable for price action trading
  • Trading is also possible on MT4: MetaTrader 4 software, MT4 Webtrader, MT4 Android App en MT4 iOS App
  • Good education in the Fortrade Academy with ebooks and videos on technical analysis and top trading strategies
  • Unlimited free demo

Regulation*
FCA

Minimum Deposit
$100

EUR/USD Spread
2 pips

Markets.com
Negative balance protection
Suitable for beginners

Markets

  • Markets platform with mobile apps
  • Advanced technical analysis tools
  • Excellent customer support, educational webinars
  • Bitcoin trading
  • Negative balance protection
  • Free unlimited demo

Regulation*
CySEC, FSB

Minimum Deposit
$100

EUR/USD Spread
Fixed 1.7 pips

Z.com
STP broker, no market maker
Suitable for advanced traders

Z.com

  • MT4 trading platform
  • STP model without dealer intervention
  • Very well regulated
  • All trading strategies allowed, EAs are welcome
  • Dedicated Customer Support
  • Free demo

Regulation*
FCA, SFC, FSA

Minimum Deposit
None

EUR/USD Spread
2 pips

Blackwell Global

Suitable for advanced traders
STP broker, no market maker

Blackwell Global

  • STP (Straight Through Processing)
  • Top-tier MT4 bridging technology, very fast execution
  • Substantially better capitalized than the majority of brokers in the industry
  • Premium service: all clients have the benefit of receiving their own personal client manager
  • Free unlimited demo

Regulation*
FCA

Minimum Deposit
$500

EUR/USD Spread
1.6 pips

ITRADER

Suitable for beginners and advanced traders

ITRADER

  • Webtrader platform and MT4
  • Competitive spreads
  • Outstanding education
  • Good customer service
  • Open live account

Regulation*
CySEC

Minimum Deposit
$250

EUR/USD Spread
From 0.4 pips

FX Giants

Negative balance protection
Suitable for advanced traders

FXGiants

  • MT4 trading platform
  • Online Streaming News and trading signals
  • Micro, premium or even STP/ECN accounts possible
  • Free practice account

Regulation*
FCA, ASIC

Minimum Deposit
$100

EUR/USD Spread
From 0.7 pips

IG

Suitable for beginners and advanced traders

IG

  • Advanced trading platform with mobile apps
  • Trading is also possible via software such as MT4, ProRealtime or L2 Dealer
  • Advanced charts and technical analysis
  • Very good support and free education, trading suggestions, news, analysis, webinars and seminars
  • Free unlimited demo

Regulation*
FCA, ASIC, FSB

Minimum Deposit
None

EUR/USD Spread
Minimum 0.6 pips

AvaTrade

Suitable for beginners and advanced traders

AvaTrade


Regulation*
CBI

Minimum Deposit
$100

EUR/USD Spread
1 - 1.8 pips

ICMarkets

Suitable for beginners and advanced traders

IC Markets

  • True ECN broker: Institutional pricing with no dealing desk, no requotes and no trading restrictions
  • Trading with the cTrader platform or MT4 software
  • Very good customer service and free webinars with top traders
  • Free unlimited demo

Regulation*
ASIC

Minimum Deposit
$200

EUR/USD Spread
From 0.0 pips

Think Markets

Suitable for beginners and advanced traders

Think Markets

  • Trade with the award winning MT4 tradestation software or the ThinkTrader platform
  • Autochartist (automatic pattern recognition)
  • Expert Advisor (EA) trading
  • Daily news, analysis
  • Free unlimited demo

Regulation*
FCA, ASIC

Minimum Deposit
$250

EUR/USD Spread
Minimum 0.8 pips

Plus500
Negative balance protection
Suitable for beginners

Plus500

  • Very easy platform with mobile apps
  • Charting and technical analysis is rather limited
  • 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
  • Free unlimited demo

Regulation*
FCA, CySEC, ASIC, FMA

Minimum Deposit
$100

EUR/USD Spread
Minimum 0.8 pips

* Regulation:

Every country has an organisation which regulates the financial services industries. We only list brokers that operate in an officially regulated environment. List of regulators mentioned on this website:

  • ASIC: Australian Securities & Investments Commission
  • CBI: Central Bank of Ireland
  • CONSOB: Commissione Nazionale Per Le Societa' e La Borsa, Italy
  • CySEC: Cyprus Securities and Exchange Commission
  • FCA: Financial Conduct Authority, UK
  • FMA: Financial Market Authority, New Zealand
  • FSA: Financial Services Agency, Japan
  • FSB: Financial Services Board, South Africa
  • SFC: Hong Kong Securities and Futures Commission