Guide for Traders and Investors
Forex and CFD News and Analysis
Comparison of Forex and CFD brokers
Click here to compare any 3 forex brokers side by side (NEW feature!)
Click on the column titles to change the list order:
| Forex Broker | Year Launched | Country | Regulated by | Free Demo | Other Languages | No Dealing Desk | Islamic Accounts | Managed Accounts | Contests |
|---|---|---|---|---|---|---|---|---|---|
| Alpari NZ | 1998 | New Zealand
|
FRA | o
Unlimited |
n |
o |
o |
o |
o |
| Ava FX | 2006 | Ireland
|
MiFID | o 21 Days |
o |
o |
o |
||
| Dukascopy | 1999 | Switzerland
|
ARIF | o 14 Days |
o |
o |
o |
o |
|
| eToro | 2006 | Cyprus
|
MiFID, NFA | o Unlimited |
o |
o |
o |
||
| Finexo | 2003 | Cyprus
|
MiFID | o 14 Days |
o |
o |
|||
| Forex4You | 2007 | British Virgin Islands
|
n |
o |
o |
||||
| ForexYard | 2005 | British Virgin Islands
|
n |
o |
o |
||||
| FxOpen | 2005 | Republic of Mauritius
|
FSC | o 14 Days |
o |
o |
o |
o |
|
| FxPro | 2007 | Cyprus
|
CySEC | o Unlimited |
o |
||||
| LiteForex | 2005 | Seychelles Islands
|
IBAS | o Unlimited |
o |
o |
|||
| Plus500 | 2009 | UK
|
MiFID, NFA | o Unlimited |
o |
| Forex Broker | Trading platform | Systems | Min. Lot | Max. Lev. | Scalping | Hedging | Rollover | If Done | OCO | Trailing Stop |
|---|---|---|---|---|---|---|---|---|---|---|
| Alpari NZ | MetaTrader 4 |
Win, Mobile, PDA |
1000 |
500:1 | o |
o |
o |
n |
n |
o |
| Ava FX | MetaTrader 4 ICTS |
Win, Java, Mobile |
$5,000 1000€ |
200:1 | o |
o |
o |
o |
o |
o |
| Dukascopy | SWFX Meta Trader Bridge |
Win, Java |
1000 |
100:1 | o |
o |
o |
n |
n |
o |
| eToro | eToro, web browser |
Win |
1000 |
400:1 | o |
o |
n |
n |
n |
n |
| Finexo | MetaTrader 4 |
Win, Mobile |
5000 |
200:1 | o |
o |
o |
n |
n |
o |
| Forex4You | MetaTrader 4 |
Win, Mobile, PDA |
10 |
500:1 | o |
o |
o |
n |
n |
o |
| ForexYard | ICTS |
Win, Java, Mobile |
1000 |
200:1 | n |
o |
o |
n |
n |
o |
| FxOpen | MetaTrader 4 |
Win, Mobile, PDA |
100 |
500:1 | o |
o |
n |
n |
n |
o |
| FxPro | MetaTrader 4 |
Win, Java, Mobile |
10000 |
500:1 | o |
o |
o |
n |
n |
o |
| LiteForex | MetaTrader 4 |
Win, Mobile, PDA |
1000 |
500:1 | o |
o |
o |
n |
n |
o |
| Plus500 | Plus500 |
Win, Web |
2500 |
200:1 | n |
o |
o |
n |
n |
o |
Note: Although deposit minimums listed below are listed in US dollars or in euros, these brokerage firms welcome traders from any country, no matter what your national currency is. Use the Forex-Central.net currency converter to calculate these minimums in your currency.
| Forex Broker | Min. Deposit | Bonus | BT* | CC* | CH* | PP* | MB* | ST* | WB* | LR* | ED* | CU* | WU* | AP* | EG* | CG* | SP* | NT* | MG* |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Alpari NZ | 1€ | o |
o |
o |
o |
||||||||||||||
| Ava FX | 100€/$ | o |
o |
o |
o |
o |
o |
o |
o |
o |
|||||||||
| Dukascopy | 1000€/$ | o |
|||||||||||||||||
| eToro | $50 | o |
o |
o |
o |
o |
o |
o |
|||||||||||
| Finexo | $100 | o |
o |
o |
o |
o |
o |
o |
|||||||||||
| Forex4You | none | o |
o |
o |
o |
o |
|||||||||||||
| ForexYard | 100€/$ | o |
o |
o |
|||||||||||||||
| FxOpen | $1 | o |
o |
o |
o |
o |
o |
||||||||||||
| FxPro | 500$/€ | o |
o |
o |
o |
o |
|||||||||||||
| LiteForex | $1 | o |
o |
o |
o |
o |
o |
o |
|||||||||||
| Plus500 | 100€/$ | o |
o |
o |
o |
* (BT: Bank Transfer) - (CC: Credit Card) - (CH: Check) - (PP: Paypal) - (MB: Moneybookers) - (ST: Solidtrustpay) - (WB: WebMoney) - (LR: Liberty Reserve) - (ED: e-Dinar) - (CU: CashU) - (WU: Western Union) - (AP: Alertpay) - (EG: e-gold) - (CG: c-gold) - (SP: Strictpay) - (NT: Neteller) - (MG: Moneygram)
| Forex Broker | Currencies | Metals | Commodities | Stock CFDs | Index CFDs | Funds / ETF |
|---|---|---|---|---|---|---|
| Alpari NZ | o 50 pairs |
o 2 |
o 5 |
o36 |
o 5 |
|
| Ava FX | o 48 pairs |
o 3 |
o 10 |
o 11 |
o 15 |
|
| Dukascopy | o 21 pairs |
|||||
| eToro | o 16 pairs |
o 2 |
o 1 |
o 6 |
||
| Finexo | o 19 pairs |
o 2 |
||||
| Forex4You | o 51 pairs |
o 2 |
o 36 |
o 10 |
||
| ForexYard | o 21 pairs |
o 2 |
o 1 |
o 10 |
||
| FxOpen | o 28 pairs |
o 2 |
||||
| FxPro | o 62 pairs |
o 2 |
o 5 |
o 29 |
o 8 |
|
| LiteForex | o 42 pairs |
o 2 |
o 31 |
|||
| Plus500 | o 24 pairs |
o 3 |
o 7 |
o 42 |
o 9 |
o 13 |
| Spread in pips * | EUR/USD | EUR/GBP | GBP/USD | EUR/CHF | USD/CAD | USD/CHF | USD/JPY | GBP/JPY | EUR/JPY | AUD/USD | Gold |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Alpari NZ | 0.5 - 1.8 | 1.5 - 2.8 | 1.5 - 2.8 | 1.5 - 2.8 | 1 - 3.5 | 1 - 3.5 | 1 - 2.8 | 5 - 8 | 2 - 3.8 | 1.5 - 3 | 50 - 80 |
| Ava FX | 3 | 3 | 4 | 4 | 5 | 4 | 3 | 8 | 4 | 4 | 70 |
| Dukascopy | As low as 0.5 pips + $0.50 - $5 commission per standard lot (100k) | n |
|||||||||
| eToro | 3 | 4 | 5 | 5 | 5 | 2 | 3 | 6 | 4 | 4 | 50 |
| Finexo | 3 | 4 | 4 | 4 | 4 | 4 | 3 | 7 | 3 | 3 | 65 |
| Forex4You | 2 | 3 | 3 | 3 | 4 | 4 | 3 | 7 | 4 | 4 | 100 |
| ForexYard | 3 | 4 | 4 | 7 | 4 | 4 | 4 | 6 | 4 | 4 | 100 |
| FxOpen | 2 | 3 | 3 | 3 | 4 | 3 | 2 | 7 | 3 | 3 | 100 |
| FxOpen (L2) | As low as 0.5 pips + $2.30 - $3.50 commission per standard lot (100k) | ||||||||||
| FxPro | 0.8 - 2 | 0.5 - 5 | 0.8 - 3 | 1 - 5 | 1.3 - 4 | 1.3 - 3 | 0.8 - 2 | 4 - 8 | 0.9 - 4 | 1 - 3 | 50 |
| LiteForex | 2 | 3 | 3 | 4 | 3 | 3 | 2 | 7 | 3 | 3 | 75 |
| Plus500 | 2 | 6 | 4 | 4 | 5 | 4 | 3 | 9 | 5 | 5 | 67 |
* With most brokers, spreads will vary. They depend on current market conditions and can change at any time.