Forex and CFD broker comparison

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

The information displayed on this page is presented on an indicative basis. It relies on the data published by brokers on their respective websites and there may be a lag in the updating of their data on this broker comparison page.

(information last updated on 8 April 2019)


Social trading comparison  Quebec and Canadian brokers

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

Forex broker Year foundedCountryRegulated byFree demo (click on link)Negative balance protection Other languagesSTP execution*Islamic accountsContests
AvaTrade2006IrelandASIC, CBFSAI 21 Days o
o
n
o
 
BlackBull Markets2014New ZealandFSPRUnlimited o
o
o
 
easyMarkets2001CyprusCySEC, ASIC Unlimitedo
o
n
o
 
eToro 2006UK / CyprusFCA, CySEC Unlimited o
o
n
o
 
ETX Capital2002UKFCA14 Days o
n
  
Forex4You2007British Virgin IslandsFSC BVIUnlimited o
o
o
 
FP Markets2005AustraliaASICUnlimited o
o
o
 
FxOpen2005UK / NevisFCA, FSPR, ASICUnlimited  o
o
L2
o
o
GKFX2010UKFCAUnlimited o
n
o
 
HotForex2010CyprusCySEC, FSCUnlimitedo
o
o
o
o
JFD Brokers2011CyprusFCA, CySEC, BaFinUnlimitedo
o
o
o
 
LiteForex2005CyprusCySECUnlimitedo
o
o
o
o
Pepperstone2010UK / AustraliaFCA, ASIC30 Dayso
n
o
o
 
Plus500****2008IsraelFCA**Unlimitedo
o
n
o
 
TrioMarkets2014CyprusCySecUnlimitedo
o
o
o
 
XM2009UKFCA, CySEC, ASICUnlimitedo
o
n
o
o
XTB2002Poland / United KingdomSGCB, KNF15 Dayso
o
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)
****CFD Service. 80.6% lose money.

Forex BrokerTrading platformMin. Lot (EUR/USD)Max. Lev.
(individuals)
Max. Lev.
(professionals)
Scalping HedgingOCOTrailing Stop
AvaTrade  MetaTrader 4
  ActTrader
  100030:1400:1n
o
o
o
BlackBull Markets  MetaTrader 4  1000500:1500:1o
o
n
o
easyMarkets  MetaTrader 4
  easyMarkets
  500030:130:1o
o
n
o
eToro  eToro  1000030:1400:1n
o
n
n
ETX Capital  MetaTrader 4
  ETX TraderPro
  100030:1200:1n
n
o
o
Forex4You  MetaTrader 4  1030:1500:1o
o
n
o
FP Markets  MetaTrader 4 and 5,   IRESS  1000500:1500:1o
o
n
o
FxOpen  MetaTrader 4 and 5  10030:1500:1o
o
n
o
GKFX  MT4, WebTrader  100030:1400:1o
o
o
o
HotForex  MetaTrader 4  100030:11000:1o
o
n
o
JFD Brokers  MetaTrader 4 and 5  100030:1400:1o
o
n
o
LiteForex  MetaTrader 4  100030:1500:1o
o
n
o
Pepperstone  MetaTrader 4
  cTrader
  100030:1400:1o
o
n
o
Plus500  Plus500  1000030:1300:1n
o
n
o
TrioMarkets  MetaTrader 4  100030:1300:1o
o
o
o
XM  MetaTrader 4 and 5  1030:1500:1o
o
n
o
XTB  MetaTrader 4  1000030:1200:1o
o
n
o

 

NameSocial Trading MQL5 SignalsMyfxbookZuluTradeTradencyAutochartistTrading CentralFree VPS
AvaTrade o
 o
o
 
BlackBull Marketso
 o
o
   o
T&Cs apply
easyMarkets o
    
 
eToroo
       
ETX Capital o
   o
  
Forex4Youo
Share4You
o
    o
 
FP Markets o
      
FxOpeno
o
o
o
   o
GKFX o
    o
o
HotForexo
o
 o
 o
 o
JFD Brokers o
      
LiteForexo
o
      
Pepperstone o
o
o
o
  o
Plus500        
TrioMarketso
TrioSocio
o
      
XM o
     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 BankBT*CC*PP*Sk*WB*NT*
AvaTrade100€/$/£Commerzbank
Germany
o
o
o
o
o
o
BlackBull Markets200€/$/£ANZ Banko
o
 o
 o
easyMarkets100€/$/£Barclays UK, Ingenico Germanyo
o
 o
o
o
eToro200€/$/£Barclays UK, Credit Suisse Monacoo
o
o
o
o
o
ETX Capital200€/$/£ o
o
    
Forex4You1€/$/£OCBC Bank, BES, PPF Banka, ABLVo
o
 o
o
o
FP Markets100 USD/€/AUDNational Australian Banko
o
   o
FxOpen1€/$/£Baltikums,
Latvia
o
o
 o
o
 
GKFX0€/$/£ o
o
 o
  
HotForex50€/$/£Barclays UKo
o
 o
 o
JFD Brokers500€/$/£ Barclays UK, Wirecard Bank Germanyo
  o
  
LiteForex50€/£/$ o
o
 o
o
o
Pepperstone150€/$/£Local bank transferso
o
o
o
 o
Plus500 100€/$/£ o
o
o
o
  
TrioMarkets500€/£/$Barclayso
o
o
o
o
o
XM$5Barclays Cypruso
o
 o
 o
XTB1€/$/£HSBCo
o
o
   

*(BT: Bank Transfer) - (CC: Credit Card) - (PP: Paypal) - (Sk: Skrill/Moneybookers) - (WB: WebMoney) - (NT: Neteller)


Forex BrokerCurrenciesMetalsCommoditiesCrypto-currenciesShare CFDs Index CFDsFunds / ETF Bonds
AvaTrade59 pairs311810019215
BlackBull Markets27 pairs24  6  
easyMarkets115 pairs26123 15  
eToro44 pairs33281,004 1258 
ETX Capital51 pairs57572,98340 77 
Forex4You51 pairs25 5366   
FP Markets 50 pairs41 112,00019   
FxOpen28 pairs2343 13  
GKFX50 pairs31 5333 14   
HotForex51 pairs23 853 12  3
JFD Brokers60 pairs213 5585 1615 2
LiteForex60 pairs222344 11   
Pepperstone52 pairs2  5  13    
Plus500 CFDs ONLY!61 pairs312 13 1,810 23 80  
TrioMarkets64 pairs43   10    
XM54 pairs27 5276 18   
XTB49 pairs714 25700 2675 3

 

Spread in pips *EUR/USDEUR/GBPGBP/USD EUR/CHFUSD/CADUSD/CHFUSD/JPYGBP/JPYEUR/JPYAUD/USD Gold
AvaTrade~ 1.5~ 2.2~ 2~ 2.7~ 2.5~ 2.1~ 1.6~ 3~ 2.5~ 2.240
BlackBull Markets** 0.10.10.1 10.3 0.20.1 1.5 0.1 0.6 14
easyMarkets1.83343.52.82.6632.650
eToro 344533266445
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
FP Markets~ 1.45~ 1.67~ 1.85~ 2.31~ 2.07~ 2.22~ 1.5~ 2.47~ 1.89~ 1.66~ 72
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
HotForex ~ 1.2~ 1.8~ 1.8~ 1.9~ 2.1 ~ 1.9~ 1.7~ 3~ 1.7~ 1.5~ 19
JFD Brokers~ 0.83~ 1.2~ 1.28~ 1.4~ 1.2~ 1.19~ 1.08~ 1.69~ 1.4~ 1.2~ 32
LiteForex~ 2.2~ 6.8 ~ 2.8~ 6.4~ 2.1~ 3.4 ~ 2.5~ 7.6~ 3~ 2.8 ~ 52
Pepperstone~ 1.2~ 1.53~ 1.57~ 2.04~ 1.55~ 1.92~ 1.33~ 2.45~ 1.74~ 1.52~ 21
Plus500 CFDs ONLY!~ 0.6~ 1.3~ 2~ 3~ 3~ 2~ 0.7~ 2.5~ 1.5~ 1.8~ 39
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
XTB~ 0.6~ 2.1~ 0.9~ 2.3~ 2.2~ 1.9~ 1.8~ 5.5~ 2.3~ 1.9~ 35

* With most brokers, spreads are variable. They depend on current market conditions and can change at any time.
** These are MINIMUM spreads. Broker doesn't indicate average spreads.
*** These are the averages for the Premium Markup Spread account (no commissions)

DMA/STP brokersSpread + Commission for 1 standard lot (100k)Min. Deposit
BlackBull Markets interbank spreads + $6.00 USD $2000 USD (or equiv.)
FP Markets interbank spreads + $7.00 AUD per lot$1000 AUD (or equiv.)
FxOpen (L2)interbank spreads + $3 to $10$1000 (or equiv.)
JFD Brokersinterbank spreads + $6 / 5.50€€500 (or equiv.)
LiteForexinterbank spreads + $10€50 (or equiv.)
Pepperstone (Razor)interbank spreads + $7.52€200 (or equiv.)
TrioMarkets (Premium/Raw spreads)interbank spreads + $8 to $11€500 (or equiv.)

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