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Compare forex and CFD brokers

There are a lot of forex and CFD brokers. Some brokers offer a free demo of their trading platform, so you test the platform before opening a real account. There are a lot of facts to take in consideration when choosing a suitable broker. The functionalities of the platform, extra services, minimum deposit, allowed trade sizes and trading styles, counterparty risk,...

Platform Specifics Info
Plus500
  • Very easy platform and mobile apps
  • Regulated by FCA (UK), CySEC (Cyprus) and ASIC (Australia)
  • Charting and technical analysis is rather limited
  • Free demo, unlimited use
  • 100 euro minimum deposit
  • Never lose more than your deposit (other brokers may ask you to repay a negative account balance)
  • Limited extra services, no webinars or trade suggestions,...
More info
Fortrade
  • Very easy to use platform, mobile apps
  • Clear charts, but no technical indicators, suitable for price action trading
  • Unlimited free demo
  • Minimum deposit: 100 euro
  • FCA regulated (UK)
More info
Markets.com
  • Markets platform, webtrader, mobile apps
  • Advanced charts / technical analysis
  • Operated by SafeCap Investments Limited, regulated and authorized by CySEC
  • Free unlimited demo
  • Free webinars
  • Excellent customer support via email, live chat or phone
More info
  • True ECN: broker will not trade against you
  • Forex trading + CFDs on indices and commodities (metals)
  • Average spread on EUR/USD is 0.1 pip
  • Regulated by ASIC (Australia)
  • Customers in more than 160 countries
  • Minimum deposit: $200
  • Trading with the cTrader platform or MT4 software
  • Webinars with advice from top traders
  • All trading styles allowed: scalping, expert advisors,...
More info
Think Markets
  • Worldwide broker, customers in 75 countries, offices in UK and Australia
  • Regulated by FCA (UK) and ASIC (Australia)
  • Free unlimited demo
  • Trading with the award winning MT4 tradestation software or the ThinkTrader platform
  • Minimum deposit: $250
  • Automated trades with MT4 Expert Advisors
  • Daily news, analysis, a lot of education
More info
IG
  • Very nice platform and mobile apps; you can also trade with MT4 software, ProRealtime or L2 Dealer
  • Advanced charts / technical analysis
  • Free unlimited demo
  • No minimum deposit
  • Very good customer service
  • Free education, trading ideas, news, videos,...
More info
AvaTrade
  • AvaTrader platform and mobile apps; you can also trade with MetaTrader 4
  • Technical analyis: Autochartist looks for patterns
  • Free 21 day demo
  • Daily analysis, education, webinars
More info
ironfx
  • Regulated by FCA (UK), ASIC (Australia) and CySEC (Cyprus)
  • Micro account with minimum deposit of $500
  • Trade with the webtrader platform or MT4 software
  • Daily comments, analysis,...
  • Social trading is possible with AutoTrade: follow other good traders
More info