Forex and CFD broker comparison

(information last updated on 16 October 2014)


Forex broker comparison tool   Options broker comparison   Social trading comparison

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

Forex BrokerYear Launched CountryRegulated by Free Demo Other Languages ECN/STPIslamic AccountsContests
AvaTrade2006IrelandMiFID, ASIC, CBFSAI oYes 21 DaysoYesnNooYes 
Dukascopy EU1999LatviaMiFID, FCMC oYes 14 DaysoYesoYesoYesoYes
ETX Capital2002UKMiFID, FCA oYes 14 DaysoYesnNo  
FBS2009BelizeIFSC, CRFIN oYes UnlimitedoYesoYesoYesoYes
Forex4You2007British Virgin IslandsFSC BVI oYesoYesoYesoYes 
FxOpen2005New ZealandFSPR, FCA, ASIC oYes14 DaysoYesoYesoYes 
FxPro2007UK / CyprusMiFID, CySEC, FCA  oYes UnlimitedoYesoYes  
Gulliver FX2012UKFCA oYes oYesnNo  
HotForex2010Cyprus /
Republic of Mauritius
MiFID, CySEC, FSC oYes UnlimitedoYesoYesoYesoYes
InstaForex2007RussiaFFMS oYesoYesnNooYesoYes
Iron FX2010CyprusMiFID, CySEC, FCA oYes UnlimitedoYesoYesoYesoYes
LiteForex2005Seychelles IslandsIBAS oYes UnlimitedoYesoYes oYes
Liquid Markets2006CyprusMiFID, CySEC, FCA oYes UnlimitedoYesnNooYes 
Markets.com2009CyprusMiFID, CySEC, FCA oYes 30 DaysoYesnNooYes 
OctaFX2011St. Vincent and the GrenadinesnNo oYes UnlimitedoYesoYes oYes
Pepperstone2010AustraliaASIC oYes 30 DaysnNooYes  
Plus500 2009UK
Authorised and regulated by the Financial Conduct Authority
 oYes UnlimitedoYesnNo  
Vantage FX2010AustraliaFCA, ASIC oYes 30 DaysoYesoYes  
XM2009CyprusMiFID, CySEC, FCA, ASIC, FSP oYes UnlimitedoYesnNooYes 

 

>>
Forex BrokerTrading platformMobile tradingMin. Lot Max. Lev. Scalping HedgingRolloverOCOTrailing Stop
AvaTrade  MetaTrader 4
  ActTrader
oYes  1000400:1oNooYesoYesoYesoYes
Dukascopy EU  SWFX / JForexoYes  1000200:1oYesoYesoYesoYesoYes
ETX Capital  MetaTrader 4
  ETX Capital
oYes  1000200:1nNonNooYesoYesoYes
FBS  MetaTrader 4
oYes  10001000:1oYesoYesoYesnNooYes
Forex4You  MetaTrader 4oYes  10500:1oYesoYesoYesoNooYes
FxOpen  MetaTrader 4oYes  100500:1oYesoYesnNonNooYes
FxPro  MetaTrader 4
  cTrader
oYes  1000500:1oYesoYesoYesnNooYes
Gulliver FX  MetaTrader 4
  WebTrader
oYes  10000100:1oYesoYesoYesnNooYes
HotForex  MT4, CurrenexoYes  10001000:1oYesoYesoYesnNooYes
InstaForex  MetaTrader 4oYes  1001000:1oYesoYesoYesnNooYes
Iron FX  MetaTrader 4oYes  1000500:1oYesoYesoYesnNooYes
LiteForex  MetaTrader 4oYes  1001000:1oYesoYesoYesnNooYes
Liquid Markets  MetaTrader 4
  cTrader
oYes  5000500:1oYesoYesoYesnNooYes
Markets.com  MetaTrader 4
  Sirix WebTrader
oYes  5000200:1oNooYesoYesoYesoYes
OctaFX  MetaTrader 4
oYes  1000500:1oYesoYesoYesnNooYes
Pepperstone  MetaTrader 4
  cTrader
oYes  1000400:1oYesoYesoYesnNooYes
Plus500  Plus500oYes  2500200:1nNooYesoYesnNooYes
Vantage FX  MetaTrader 4oYes  1000500:1oYesoYesoYesnNooYes
XM  MetaTrader 4oYes  5000888:1oYesoYesoYesnNooYes

 

NameMirror Trading Social PAMM MyfxbookZuluTradeTradency SirixAutochartistTrading Central Free VPS
AvaTrade   oouiooui  oui 
Dukascopy EU         
ETX Capital ooui    ooui  
FBS         
Forex4Youooui Share4Youooui     ooui 
FxOpen ooui ooui     
FxProooui SuperTrader     oouiooui 
Gulliver FX ooui   ooui   oouiooui
HotForex ooui Titansooui       oouiooui
InstaForex ooui         
Iron FX  ooui  ooui  ooui
LiteForex ooui     ooui   
Liquid Markets           
Markets.com      oouioouioouiooui 
OctaFX           
Pepperstone  ooui      
Plus500           
Vantage FXooui FX Copyooui      ooui ooui
XM    oouiooui   ooui

 

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*MB*WB*CU*WU*AP*EG*NT*MG*
AvaTrade100€/$/£Commerzbank
Germany
oYesoYesoYes oYesoYesoYes oYes  oYesoYes
Dukascopy EU100€/$/£Dukascopy Bank
SA- Suisse
 oYesoYes          
ETX Capital200€/$/£  oYesoYesoYes         
FBS$1BaltikumsoYesoYesoYes  oYesoYesoYesoYes  oYesoYes
Forex4You1€/$/£OCBC Bank, BES, PPF Banka, ABLVoYesoYesoYes  oYesoYes    oYes 
FxOpen1€/$/£Baltikums
Latvia
oYesoYes    oYes  oYesoYesoYes 
FxPro100$/€Barclays London  oYesoYes oYesoYes     oYes 
Gulliver FX25€/$/£ 2000¥   oYes         oYes 
HotForex5€/$/£Barclays
Mauritius
oYesoYesoYes  oYesoYes  oYes oYes 
InstaForex1€/$Hellenic Bank
Russia
oYesoYesoYes  oYesoYes  oYes   
Iron FX50€/$UBS, Barclays, BNP ParibasoYesoYesoYes   oYes    oYes 
LiteForex1€/$ oYesoYesoYes  oYes oYes oYes   
Liquid Markets500€/$/£  oYesoYes oYesoYes       
Markets.com100€/$ oYesoYesoYes   oYes      
OctaFX5€/$/£ oYesoYesoYes    oYes     
Pepperstone200€/$/£Local bank transfers oYesoYes oYes      oYes 
Plus500 100€/$/£ oYesoYesoYes oYesoYes       
Vantage FX$100 (AUD)National Australia BankoYesoYesoYes          
XM$5Barclays CyprusoYesoYesoYes  oYes  oYes  oYesoYes

* (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 BrokerCurrenciesMetalsCommoditiesStock CFDs Index CFDsFunds / ETF OptionsBonds
AvaTradeoYes 48 pairs oYes 3 oYes 11oYes 53 oYes 21 oYesoYesoYes
Dukascopy EUoYes 24 pairsoYes 2     oYes 
ETX CapitaloYes 51 pairs oYes 5 oYes 75oYes 2983 oYes 40 oYes 77oYes 
FBSoYes 28 pairsoYes 2       
Forex4YouoYes 51 pairsoYes 2 oYes 5 oYes 36 oYes 6    
FxOpenoYes 28 pairsoYes 2       
FxProoYes 72 pairsoYes 2 oYes 5 oYes 29 oYes 8    
FxOpenoYes 28 pairsoYes 2       
Gulliver FXoYes 22 pairs       
HotForexoYes 45 pairsoYes 5 oYes 4 oYes 34 oYes 12    
InstaForexoYes 109 pairsoYes5oYes 14 oYes 34   oYes 
Iron FXoYes 120 pairsoYes5oYes 7oYes 52 oYes 10    
LiteForexoYes 42 pairsoYes 2  oYes 31     
Liquid MarketsoYes 25 pairs oYes 2 oYes 5 oYes 29 oYes8    
Markets.comoYes 44 pairsoYes 2oYes 8oYes 78oYes 21  oYes
OctaFXoYes 28 pairsoYes 2       
PepperstoneoYes 52 pairsoYes 2       
Plus500 CFDs ONLY!oYes 51 pairs oYes 3 oYes 7oYes 1348 oYes 18 oYes 74  
Vantage FXoYes 32 pairsoYes 2 oYes 1  oYes 6 oYes 
XMoYes 54 pairs oYes 2 oYes 5  oYes9    

 

Spread in pips *EUR/USDEUR/GBPGBP/USD EUR/CHFUSD/CADUSD/CHFUSD/JPYGBP/JPYEUR/JPYAUD/USD Gold
AvaTrade1 - 31.9 - 31.8 - 41.7 - 41.8 - 42 - 40.9 - 33.3 - 71.8 - 41.8 - 460
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
FBS0.20.20.20.20.20.20.20.20.20.210
Forex4You2333332633100
FxOpen2333432733100
FxPro~ 1.8~ 1.6~ 2.2~ 2.4~ 2.1~ 2.2~ 1.7~ 4.1~ 2.5~ 1.850
Gulliver FX344.54n/a42.543 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 **33 - 533 - 5333733100
Iron FX0.7 - 1.80.9 - 20.8 - 2.31 - 2.51.3 - 2.71.3 - 2.60.8 - 2.22.7 - 4.41.1 - 2.51 - 2.550 - 60
LiteForex333433373375
Liquid Markets0.6 - 1.81.2 - 2.21.6 - 2.5 1.9 - 2.91.6 - 2.71.5 - 21.2 - 1.82.3 - 4.11.5 - 2.31.6 - 2.245 - 60
Markets.com ~ 2.2~ 3.1~ 2.8~ 3.9~ 3.6~ 2.9~ 2.4~ 5.3~ 3~ 3.170
OctaFX0.2 - 1.80.4 - 1.60.4 - 2.60.6 - 4.4 0.4 - 2.6 0.3 - 3.7 0.3 - 1.70.8 - 4.2 0.4 - 2.60.8 - 2.2 50 - 80
Pepperstone0.5 - 1.81 - 2.41 - 2.21.2 - 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! 15 1455295560
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 brokersSpread + Commission for 1 standard lot (100k)Min. Deposit
Dukascopy EU interbank spreads + $1 to $3.501000€ (or equiv.)
FxPro (xTrader)interbank spreads + $3.751000€ (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 FXinterbank spreads + $3.75$500 (or equiv.)
Liquid Markets (Prime+ cTrader) interbank spreads + $4.50$2000 (or equiv.)
Pepperstone (Razor)interbank spreads + $3.76200$/€
Vantage FX spreads starting at 0.4 pips + $3.50$2000 AUD (or equiv.)