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	Russia	n	o Unlimited	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
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
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
Sunbird FX	2010	Seychelles Islands	n	o Unlimited	o	o	o
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	Systems	Min. Lot	Max. Lev.	Scalping	Hedging	Rollover	OCO	Trailing Stop
AvaTrade	MetaTrader 4   ActTrader	Win, Mac, Web, Mobile	1000	400:1	o	o	o	o	o
Dukascopy EU	SWFX / JForex	Win, Mac, Web, Mobile	1000	200:1	o	o	o	o	o
ETX Capital	MetaTrader 4   ETX Capital	Win, Mac, Web, Mobile	1000	200:1	n	n	o	o	o
FBS	MetaTrader 4	Win, Mac, Web, Mobile	1000	1000:1	o	o	o	n	o
Forex4You	MetaTrader 4	Win, Mac, Web, Mobile	10	500:1	o	o	o	o	o
FxOpen	MetaTrader 4	Win, Mac, Web, Mobile	100	500:1	o	o	n	n	o
FxPro	MetaTrader 4   cTrader	Win, Mac, Web, Mobile	1000	500:1	o	o	o	n	o
HotForex	MT4, Currenex	Win, Mac, Web, Mobile	1000	1000:1	o	o	o	n	o
InstaForex	MetaTrader 4	Win, Mac, Mobile	100	1000:1	o	o	o	n	o
InterTrader	InterTrader	Win, Mac, Web, Mobile	10000	300:1	n	o	o	n	o
Iron FX	MetaTrader 4	Win, Mac, Web, Mobile	1000	500:1	o	o	o	n	o
LiteForex	MetaTrader 4	Win, Mac, Web, Mobile	100	1000:1	o	o	o	n	o
Liquid Markets	MetaTrader 4   cTrader	Win, Mac, Web, Mobile	5000	500:1	o	o	o	n	o
OctaFX	MetaTrader 4	Win, Mac, Web, Mobile	1000	500:1	o	o	o	n	o
Pepperstone	MetaTrader 4   cTrader	Win, Mac, Web, Mobile	1000	400:1	o	o	o	n	o
Plus500	Plus500	Win, Mac, Web, Mobile	2500	200:1	n	o	o	n	o
Sunbird FX	MetaTrader 4,   ActTrader, Currenex	Win, Mac, Web, Mobile	1000	100:1	o	o	o	o	o
Vantage FX	MetaTrader 4	Win, Mac, Web, Mobile	1000	500:1	o	o	o	n	o
XM	MetaTrader 4	Win, Mac, Web, Mobile	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
HotForex			o				o	o
InstaForex		o
InterTrader
Iron FX	o Tradeo, Sirix		o					o
LiteForex		o
Liquid Markets
OctaFX
Pepperstone
Plus500
Sunbird FX			o
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	o
FBS	$5		o	o	o			o	o	o	o			o	o
Forex4You	1€/$/£	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
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€/$/£			o	o		o	o
OctaFX	5€/$/£		o	o	o					o
Pepperstone	200€/$/£	Local bank transfers		o	o		o							o
Plus500	100€/$/£		o	o	o		o	o
Sunbird FX	10€/$	TBC Bank Georgia	o	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
ETX Capital	o 51 pairs	o 5	o 75	o 2983	o 40	o 77
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
HotForex	o 41 pairs	o 5	o 4	o 35	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
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
Sunbird FX	o 27 pairs	o 2	o 1		o 6
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	~ 1.1- ~2	~ 1.9 - ~ 3	~ 1.9 - ~ 3	~ 2.5 - ~ 4	~ 2 - ~ 3	~ 1.9 - ~ 3	~ 1.2 - ~ 2	~ 2.8 - ~ 4	~ 2.3 - ~ 3	~ 1.4 - ~ 2	~ 30
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	~ 1.5	~ 1.6	~ 2.1	~ 2.5	~ 2.3	~ 2.7	~ 1.6	~ 4.3	~ 2.5	~ 1.8	50
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
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
Sunbird FX	1.2 - 1.7	1.4 - 2.5	1 - 2.6	2 - 3.5	1.9 - 2.9	1.6 - 2.8	1.4 - 1.9	1.8 - 3.8	1.6 - 2.9	1.5 - 2.7	50
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 + $3.76	200$/€
Sunbird FX	interbank spreads + $5.50	10,000€ (or equiv.)
Vantage FX	spreads starting at 0.4 pips + $3.50	$2000 AUD (or equiv.)