Forex and CFD broker comparison

(information last updated on 12 July 2017)


Social trading comparison

Click on the column titles to list the brokers according to a particular category.

Forex brokerYear foundedCountryRegulated byFree demo (click on link)Negative balance protectionOther languagesSTP execution*Islamic accountsContests
AvaTrade2006IrelandASIC, CBFSAI o 21 Days o
n
o
 
easyMarkets2001CyprusCySEC, ASIC o Unlimitedo
o
n
o
 
ETX Capital2002UKFCA o 14 Days o
n
  
Forex4You2007British Virgin IslandsFSC BVI o Unlimited o
o
o
 
FXGiants2015UKFCA o Unlimited o
o
 o
FxOpen2005UK / New ZealandFCA, FSPR, ASIC o Unlimited o
o
L2
o
o
GKFX2010UKFCA o Unlimited o
n
o
 
LiteForex2005CyprusCySEC o Unlimitedo
o
o
o
 
Pepperstone2010AustraliaASIC o 30 Days n
o
o
 
Plus500****2009UK / CyprusFCA**, CySEC*** o Unlimitedo
o
n
  
TrioMarkets2014CyprusCySec o Unlimitedo
o
o
o
 
XM2009CyprusFCA, CySEC, ASIC o Unlimitedo
o
n
o
o
XTB2002Poland / United KingdomSGCB, KNF o 15 dayso
o
Pro
 n
o
 

*An STP (Straight-Through-Processing) broker provides direct access to the interbank market, it does not intervene in the execution of orders (No Dealing Desk).
**Plus500 UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909)
***Plus500 CY LTD is authorised and regulated by the Cyprus Securities and Exchange Commission (License No. 250/14)
****Your capital is at risk

Forex BrokerTrading platformMobile tradingMin. Lot Max. Lev. Scalping HedgingOCOTrailing Stop
AvaTrade  MetaTrader 4
  ActTrader		o
  1000400:1n
o
o
o
easyMarkets  MetaTrader 4
  easyMarkets		o
  5000400:1o
o
n
o
ETX Capital  MetaTrader 4
  ETX TraderPro		o
  1000200:1n
n
o
o
Forex4You  MetaTrader 4o
  10500:1o
o
n
o
FXGiants  MetaTrader 4o
  1000500:1o
o
n
o
FxOpen  MetaTrader 4o
  100500:1o
o
n
o
GKFX  MT4, WebTradero
  1000400:1o
o
o
o
LiteForex  MetaTrader 4o
  10001000:1o
o
n
o
Pepperstone  MetaTrader 4
  cTrader		o
  1000400:1o
o
n
o
Plus500  Plus500o
  2500294:1n
o
n
o
TrioMarkets  MetaTrader 4o
  1000300:1o
o
o
o
XM  MetaTrader 4 and 5o
  10888:1o
o
n
o
XTB  MetaTrader 4o
  10000200:1o
o
n
o

 

NameMirror Trading Social PAMM MyfxbookZuluTradeTradency SirixAutochartistTrading Central Free VPS
AvaTrade   o
o
  
 
easyMarkets       
 
ETX Capital o
    o
  
Forex4Youo
Share4You		o
     o
 
FXGiants        
FxOpen o
 o
    
GKFX     o
o
o
o
LiteForex o
       
Pepperstoneo
MQL4		 o
o
     
Plus500         
TrioMarkets o
o
      
XM        o
XTB   o
o
  
 

 

Note: Although deposit minimums listed below are listed in US dollars or in euros, these brokerage firms usually welcome traders from any country, no matter what your national currency is. Use the Forex-Central.net currency converter to calculate these minimums in your currency.
Forex BrokerMin. Deposit BankBonusBT*CC*CH*PP*Sk*WB*CU*WU*AP*EG*NT*MG*
AvaTrade100€/$/£Commerzbank
Germany		o
o
o
 o
o
o
 o
  o
o
easyMarkets100€/$/£Barclays UK, Ingenico Germanyo
o
o
  o
o
    o
 
ETX Capital200€/$/£ o
o
o
o
         
Forex4You1€/$/£OCBC Bank, BES, PPF Banka, ABLVo
o
o
  o
o
    o
 
FXGiants100€/$/£ o
o
o
  o
     o
 
FxOpen1€/$/£Baltikums,
Latvia		o
o
    o
  o
o
  
GKFX0€/$/£  o
o
  o
       
LiteForex100€/£/$  o
o
  o
o
 o
  o
 
Pepperstone150€/$/£Local bank transfers o
o
 o
      o
 
Plus500 100€/$/£  o
o
 o
o
       
TrioMarkets500€/£/$Barclays o
o
 o
o
o
    o
 
XM$5Barclays Cypruso
o
o
  o
  o
  o
o
XTB1€/$/£HSBC o
o
 o
        

*(BT: Bank Transfer) - (CC: Credit Card) - (CH: Check) - (PP: Paypal) - (Sk: Skrill/Moneybookers) - (WB: WebMoney) - (CU: CashU) - (WU: Western Union) - (AP: Alertpay) - (EG: e-gold) - (NT: Neteller) - (MG: Moneygram)


Forex BrokerCurrenciesMetalsCommoditiesShare CFDs Index CFDsFunds / ETF OptionsBonds
AvaTradeo
48 pairs 		o
3 		o
11		o
53 		o
21 		o
o
o
easyMarketso
115 pairs		o
26		o
12		 o
15		 o
Vanilla		 
ETX Capitalo
51 pairs 		o
5 		o
75		o
2983 		o
40 		o
77		o
 
Forex4Youo
51 pairs		o
2 		o
5 		o
36 		o
6 		   
FXGiantso
83 pairs		o
3		o
4		o
69		o
15		   
FxOpeno
28 pairs		o
2 		o
3 		 o
13 		   
GKFXo
50 pairs 		o
3		o
1		o
333		o
14		   
LiteForexo
60 pairs		o
2		o
2		o
29		o
10		   
Pepperstoneo
52 pairs		o
2 		  o
14		   
Plus500 CFDs ONLY!o
57 pairs 		o
3 		o
14		o
1740 		o
19 		o
79		o
5		 
TrioMarketso
64 pairs		o
4		o
3		 o
10		   
XMo
54 pairs		o
2 		o
7		o
107		o
18		   
XTBo
49 pairs		o
7		o
14		o
700		o
26		o
75		o
o
3

 

Spread in pips *EUR/USDEUR/GBPGBP/USD EUR/CHFUSD/CADUSD/CHFUSD/JPYGBP/JPYEUR/JPYAUD/USD Gold
AvaTrade~ 1.8~ 2.7~ 2.9~ 3~ 2.8~ 2.7~ 1.5~ 4.6~ 3.1 ~ 2.760
easyMarkets1.83343.52.82.6632.650
ETX Capital0.7 - 1.41.5 - 1.80.9 - 22.4 - 2.62.6 - 30.9 - 2.40.9 - 1.83.9 - 40.9 - 2.20.9 - 1.540 - 60
Forex4You2333332633100
FXGiants~ 1.2~ 1~ 1.3~ 2.2~ 1.5~ 1.4~ 0.9~ 4.5~ 2.3~ 1.2~ 50
FxOpen (STP)~1.1~2.3~1.6~3.9~2.1~1.9~1.1~2.2~2~2.5~ 34
GKFX~ 1.5 ~ 2~ 1.5~ 6.4~ 2.8 ~ 6~ 2.2~ 4.6~ 3~ 2.4~ 40
LiteForex~ 1.5~ 1.2~ 1.8~ 2~ 1.9~ 1.6~ 1.5~ 2~ 2.1~ 1.5~ 34
Pepperstone~ 1.2 ~ 1.53~ 1.57~ 2.04~ 1.55 ~ 1.92~ 1.33 ~ 2.45~ 1.74~ 1.52 60 - 70
Plus500 CFDs ONLY!151455295539
TrioMarkets *** ~0.9~1.3 ~1.2~1.6 ~1.2~1.5 ~1.3~2 ~1.4~1.550
XM~ 1.7~ 1.8~ 2.5~ 2.7~ 2.4~ 2.4~ 1.8~ 4.1~ 2.7~ 1.8~ 48
XTB0.9 - 22.1 - 3.92.5 - 42.4 - 4.62.2 - 4.62 - 41.8 - 45.5 - 8.52.3 - 4.62 - 4.635 - 80

* With most brokers, spreads are variable. They depend on current market conditions and can change at any time.
** When you open an InstaRebate account, you get a 1.5-pip rebate on each trade, or $15 per standard lot.
*** These are the averages for the Premium Markup Spread account (no commissions)

DMA/STP brokersSpread + Commission for 1 standard lot (100k)*Min. Deposit
FXGiants interbank spreads + $1.30 to $1.80$500 (or equiv.)
FxOpen (L2) interbank spreads + $1.50 to $5.00$1000 (or equiv.)
LiteForex 3 base currency units + interbank spreads €5,000 (or equiv.)
Pepperstone (Razor)interbank spreads + $3.76€200 (or equiv.)
TrioMarkets (Premium/Raw spreads)interbank spreads + $4-$5.50€500 (or equiv.)
XTB (Professional)interbank spreads + $4 USD €10,000 (or equiv.)

* The commission is billed twice (upon opening + closing a trade).

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