Forex and CFD broker comparison

 

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

Forex Broker	Year Launched	Country	Regulated by	Free Demo	Other Languages	ECN/STP	Islamic Accounts	Contests
AvaTrade	2006	Ireland	MiFID, ASIC, CBFSAI	o 21 Days	o	n	o
Dukascopy EU	1999	Latvia	MiFID, FCMC	o 14 Days	o	o	o	o
ETX Capital	2002	UK	MiFID, FCA	o 14 Days	o	n
FBS	2009	Belize	IFSC, CRFIN	o Unlimited	o	o	o	o
Forex4You	2007	British Virgin Islands	FSC BVI	o	o	o	o
FxOpen	2005	New Zealand	FSPR, FCA, ASIC	o14 Days	o	o	o
FxPro	2007	UK / Cyprus	MiFID, CySEC, FCA	o Unlimited	o	o
Gulliver FX	2012	UK	FCA	o	o	n
HotForex	2010	Cyprus / Republic of Mauritius	MiFID, CySEC, FSC	o Unlimited	o	o	o	o
InstaForex	2007	Russia	FFMS	o	o	n	o	o
InterTrader	2010	UK	FCA	o 30 Days	o	n
Iron FX	2010	Cyprus	MiFID, CySEC, FCA	o Unlimited	o	o	o	o
LiteForex	2005	Seychelles Islands	IBAS	o Unlimited	o	o		o
Liquid Markets	2006	Cyprus	MiFID, CySEC, FCA	o Unlimited	o	n	o
Markets.com	2009	Cyprus	MiFID, CySEC, FCA	o 30 Days	o	n	o
OctaFX	2011	St. Vincent and the Grenadines	n	o Unlimited	o	o		o
Pepperstone	2010	Australia	ASIC	o 30 Days	n	o
Plus500	2009	UK	Authorised and regulated by the Financial Conduct Authority	o Unlimited	o	n
Vantage FX	2010	Australia	FCA, ASIC	o 30 Days	o	o
XM	2009	Cyprus	MiFID, CySEC, FCA, ASIC, FSP	o Unlimited	o	n	o

 

>>

Forex Broker	Trading platform	Mobile trading	Min. Lot	Max. Lev.	Scalping	Hedging	Rollover	OCO	Trailing Stop
AvaTrade	MetaTrader 4   ActTrader	o	1000	400:1	o	o	o	o	o
Dukascopy EU	SWFX / JForex	o	1000	200:1	o	o	o	o	o
ETX Capital	MetaTrader 4   ETX Capital	o	1000	200:1	n	n	o	o	o
FBS	MetaTrader 4	o	1000	1000:1	o	o	o	n	o
Forex4You	MetaTrader 4	o	10	500:1	o	o	o	o	o
FxOpen	MetaTrader 4	o	100	500:1	o	o	n	n	o
FxPro	MetaTrader 4   cTrader	o	1000	500:1	o	o	o	n	o
Gulliver FX	MetaTrader 4   WebTrader	o	10000	100:1	o	o	o	n	o
HotForex	MT4, Currenex	o	1000	1000:1	o	o	o	n	o
InstaForex	MetaTrader 4	o	100	1000:1	o	o	o	n	o
InterTrader	InterTrader	o	10000	300:1	n	o	o	n	o
Iron FX	MetaTrader 4	o	1000	500:1	o	o	o	n	o
LiteForex	MetaTrader 4	o	100	1000:1	o	o	o	n	o
Liquid Markets	MetaTrader 4   cTrader	o	5000	500:1	o	o	o	n	o
Markets.com	MetaTrader 4   Sirix WebTrader	o	5000	200:1	o	o	o	o	o
OctaFX	MetaTrader 4	o	1000	500:1	o	o	o	n	o
Pepperstone	MetaTrader 4   cTrader	o	1000	400:1	o	o	o	n	o
Plus500	Plus500	o	2500	200:1	n	o	o	n	o
Vantage FX	MetaTrader 4	o	1000	500:1	o	o	o	n	o
XM	MetaTrader 4	o	5000	888:1	o	o	o	n	o

 

Name	Social Trading	Social PAMM	ZuluTrade	Tradency	Currensee	Autochartist	Trading Central	Free VPS
AvaTrade			o	o	o
Dukascopy EU
ETX Capital		o				o
FBS
Forex4You	o Share4You	o					o
FxOpen		o	o	o
FxPro	o SuperTrader					o	o
Gulliver FX		o	o				o	o
HotForex		o					o	o
InstaForex		o
InterTrader
Iron FX	o Tradeo, Sirix		o					o
LiteForex		o
Liquid Markets
Markets.com	o Sirix			o	o	o	o
OctaFX
Pepperstone
Plus500
Vantage FX	o FX Copy	o				o		o
XM				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 Broker	Min. Deposit	Bank	Bonus	BT*	CC*	CH*	PP*	MB*	WB*	CU*	WU*	AP*	EG*	NT*	MG*
AvaTrade	100€/$/£	Commerzbank Germany	o	o	o		o	o	o		o			o	o
Dukascopy EU	100€/$/£	Dukascopy Bank SA- Suisse		o	o
ETX Capital	200€/$/£			o	o	o
FBS	$1	Baltikums	o	o	o			o	o	o	o			o	o
Forex4You	1€/$/£	OCBC Bank, BES, PPF Banka, ABLV	o	o	o			o	o					o
FxOpen	1€/$/£	Baltikums Latvia	o	o					o			o	o	o
FxPro	100$/€	Barclays London		o	o		o	o						o
Gulliver FX	25€/$/£ 2000¥			o										o
HotForex	5€/$/£	Barclays Mauritius	o	o	o			o	o			o		o
InstaForex	1€/$	Hellenic Bank Russia	o	o	o			o	o			o
InterTrader	1€/$	Barclays London, UK	o	o	o	o
Iron FX	50€/$	UBS, Barclays, BNP Paribas	o	o	o				o					o
LiteForex	1€/$		o	o	o			o		o		o
Liquid Markets	500€/$/£			o	o		o	o
Markets.com	100€/$		o	o	o				o
OctaFX	5€/$/£		o	o	o					o
Pepperstone	200€/$/£	Local bank transfers		o	o		o							o
Plus500	100€/$/£		o	o	o		o	o
Vantage FX	$100 (AUD)	National Australia Bank	o	o	o
XM	$5	Barclays Cyprus	o	o	o			o			o			o	o

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

Forex Broker	Currencies	Metals	Commodities	Stock CFDs	Index CFDs	Funds / ETF	Options	Bonds
AvaTrade	o 48 pairs	o 3	o 11	o 53	o 21	o	o	o
Dukascopy EU	o 24 pairs	o 2					o
ETX Capital	o 51 pairs	o 5	o 75	o 2983	o 40	o 77	o
FBS	o 28 pairs	o 2
Forex4You	o 51 pairs	o 2	o 5	o 36	o 6
FxOpen	o 28 pairs	o 2
FxPro	o 72 pairs	o 2	o 5	o 29	o 8
FxOpen	o 28 pairs	o 2
Gulliver FX	o 22 pairs
HotForex	o 45 pairs	o 5	o 4	o 34	o 12
InstaForex	o 109 pairs	o5	o 14	o 34			o
InterTrader	o 44 pairs	o 3	o 14	o	o 19			o
Iron FX	o 120 pairs	o5	o 7	o 52	o 10
LiteForex	o 42 pairs	o 2		o 31
Liquid Markets	o 25 pairs	o 2	o 5	o 29	o8
Markets.com	o 44 pairs	o 2	o 8	o 78	o 21			o
OctaFX	o 28 pairs	o 2
Pepperstone	o 30 pairs	o 2
Plus500 CFDs ONLY!	o 51 pairs	o 3	o 7	o 1348	o 18	o 74
Vantage FX	o 32 pairs	o 2	o 1		o 6		o
XM	o 54 pairs	o 2	o 5		o9

 

Spread in pips *	EUR/USD	EUR/GBP	GBP/USD	EUR/CHF	USD/CAD	USD/CHF	USD/JPY	GBP/JPY	EUR/JPY	AUD/USD	Gold
AvaTrade	1 - 3	1.9 - 3	1.8 - 4	1.7 - 4	1.8 - 4	2 - 4	0.9 - 3	3.3 - 7	1.8 - 4	1.8 - 4	60
ETX Capital	0.7 - 1.4	1.5 - 1.8	0.9 - 2	2.4 - 2.6	2.6 - 3	0.9 - 2.4	0.9 - 1.8	3.9 - 4	0.9 - 2.2	0.9 - 1.5	40 - 60
FBS	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	10
Forex4You	2	3	3	3	3	3	2	6	3	3	100
FxOpen	2	3	3	3	4	3	2	7	3	3	100
FxPro	~ 1.8	~ 1.6	~ 2.2	~ 2.4	~ 2.1	~ 2.2	~ 1.7	~ 4.1	~ 2.5	~ 1.8	50
Gulliver FX	3	4	4.5	4	n/a	4	2.5	4	3	4	n/a
HotForex	~ 1.6	~ 1.7	~ 2.5	~ 2.4	~ 1.9	~ 1.9	~ 1.7	~ 3.6	~ 1.9	~ 1.7	~ 32
InstaForex **	3	3 - 5	3	3 - 5	3	3	3	7	3	3	100
Iron FX	0.7 - 1.8	0.9 - 2	0.8 - 2.3	1 - 2.5	1.3 - 2.7	1.3 - 2.6	0.8 - 2.2	2.7 - 4.4	1.1 - 2.5	1 - 2.5	50 - 60
InterTrader	1	1	2	3	3	2	0.8	3	1.8	1	40
LiteForex	3	3	3	4	3	3	3	7	3	3	75
Liquid Markets	0.6 - 1.8	1.2 - 2.2	1.6 - 2.5	1.9 - 2.9	1.6 - 2.7	1.5 - 2	1.2 - 1.8	2.3 - 4.1	1.5 - 2.3	1.6 - 2.2	45 - 60
Markets.com	~ 2.2	~ 3.1	~ 2.8	~ 3.9	~ 3.6	~ 2.9	~ 2.4	~ 5.3	~ 3	~ 3.1	70
OctaFX	0.2 - 1.8	0.4 - 1.6	0.4 - 2.6	0.6 - 4.4	0.4 - 2.6	0.3 - 3.7	0.3 - 1.7	0.8 - 4.2	0.4 - 2.6	0.8 - 2.2	50 - 80
Pepperstone	0.5 - 1.8	1 - 2.4	1 - 2.2	1.2 - 4.4	1.1 - 2.4	1 - 2.9	1 - 1.7	1 - 3.2	1 - 2.2	1 - 1.8	60 - 70
Plus500 CFDs ONLY!	2	5	4	4	5	5	2	9	5	5	60
Vantage FX	~ 1	~ 2.3	~ 2	n/a	~ 3	~ 1.5	~ 5	~ 5	~ 3.4	~ 1.5	~ 50
XM	~ 1.9	~ 2.5	~ 2.6	~ 3.1	~ 2.6	~ 2.5	~ 2	~ 5.4	~ 2.7	~ 2.5	~ 50

* With some 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.

DMA/STP brokers	Spread + Commission for 1 standard lot (100k)	Min. Deposit
Dukascopy EU	interbank spreads + $1 to $3.50	1000€ (or equiv.)
FxPro (xTrader)	interbank spreads + $3.75	1000€ (or equiv.)
FxOpen (L2)	interbank spreads + $1.80 to $2.50	$1000 (or equiv.)
Hot Forex (Currenex)	interbank spreads + $3 to $5	$500 (or equiv.)
Iron FX	interbank spreads + $3.75	$500 (or equiv.)
Liquid Markets (Prime+ cTrader)	interbank spreads + $4.50	$2000 (or equiv.)
Pepperstone (Razor)	interbank spreads + $3.76	200$/€
Vantage FX	spreads starting at 0.4 pips + $3.50	$2000 AUD (or equiv.)