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. 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.
Risk warning: CFD- and Forex is trading with leverage and may not be suitable for you. You can be faced with the loss of your entire deposit. You can even lose more than your deposit if your broker doesn't offer negative balance protection. Make sure you understand all the risks.
All EU regulated brokers offer negative balance protection for retail traders! On the other hand, the leverage is maximum 30.
Regulation*
CBI (EU)
Minimum Deposit
$100
Regulation*
FCA (EU)
Minimum Deposit
$500
Regulation*
FCA (EU)
Minimum Deposit
$100
Regulation*
FCA (EU) - ASIC
Minimum Deposit
$100
Regulation*
ASIC - non EU
Minimum Deposit
$200
Regulation*
FCA (EU) - ASIC, FSB
Minimum Deposit
$300
Regulation*
CySEC (EU)
Minimum Deposit
$250
Regulation*
CySEC (EU) - FSB
Minimum Deposit
$100
Regulation*
FCA, CySEC (EU) - ASIC
Minimum Deposit
$100
Regulation*
FCA (EU) - ASIC
Minimum Deposit
$250
* 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:
