Category: Broker Categories

5 Best Forex Brokers in Portugal 2025

Post author By George Rossi
Post date October 15, 2021
No Comments on 5 Best Forex Brokers in Portugal 2025

To come up with this list, we have tested more than 15 forex brokers authorized and operating in Portugal.
We opened a real account and deposited between €4,000 and €6,000 with each broker. We placed real trades in each popular market to get the real spreads.
We also reached out to customer support to solve issues that we had encountered. Finally, we withdrew our funds to see if there is any issue with the withdrawal process.
We handpick the best forex brokers in Portugal based on our trading data and experience as a trader.

CMVM Regulated Forex Brokers

Forex brokers in Portugal, a member country within the European Union, are regulated and authorized by the Portuguese Securities Market Commission, officially known as Comissão do Mercado de Valores Mobiliários (CMVM).

The regulator was established in 1991 and has full regulatory authority over all financial markets operating in Portugal, including the Portuguese stock exchange, members of the equity markets, financial services firms, and, of course, forex brokers.

CMVM’s official website is www.cmvm.pt, which is available in both Portuguese and English language. We highly recommend Portuguese investors and traders follow CMVM on Twitter, @CMVM_pt, for updates on regulations.

CMVM is an entirely independent organization and operates with the collected membership fees and proceeds collected as penalties from non-compliant firms. This also prompts the regulator to actively monitor regulated entities for any lapses in compliance.

Portugal is a member of the European Economic Area (EEA), meaning brokers regulated by any of the regulators in the EEA jurisdiction can operate in the country. CMVM itself is MiFID II compliant, meaning any CMVM-regulated broker can operate in any other European Union member country.

Forex brokers authorized by CMVM can offer a maximum leverage level of 30:1 and have to provide mandatory negative balance protection. CMVM also provides a compensation scheme of up to €20,000.

Some of the key highlights of trading with CMVM-regulated brokers:

🏦Regulator	Comissão do Mercado de Valores Mobiliários (CMVM)
📊Max. Leverage	30:1
🛡️Is It safe to trade?	Yes
🔒Negative Balance Protection	Yes
💰Compensation Scheme	Yes (€20,000)

Best Forex Brokers in Portugal

To select the best regulated forex brokers operating in Portugal, we have tested and reviewed several forex brokers. We opened a live account, deposited real money, and placed real trades with each broker. With our test, we got a picture of the real spreads and commissions, trading platforms, deposit and withdrawal conditions, educational resources, and customer services.

XTB – Best Overall Forex Broker in Portugal
XM – Best Forex Broker for Beginners in Portugal
INFINOX – Best MT4 Forex Broker in Portugal
FxPro – Best Forex Trading Platform in Portugal
AvaTrade – Best Forex Broker with Lowest Spread & Trading Fees in Portugal

Best Overall Forex Broker in Portugal

We picked XTB as the overall best forex broker in Portugal.

XTB is one of the very few forex brokers regulated by CMVM in Portugal. The broker is headquartered in Poland and is also licensed in the UK, Poland, Spain, France, Turkey, Cyprus, Germany, and a few other countries: 11 in total.

XTB is also a publicly listed company in Poland and thus has to report business financials quarterly, making it an extremely safe trading platform.

The broker lists more than 2,100 trading instruments, including currency pairs and CFDs of indices, stocks, commodities, ETFs, and cryptocurrencies. It also has minimum non-trading fees, and the spreads charged on traders are much below the industry average. XTB offers trading services on the industry-standard MT4 and proprietary xStation platform.

Best Forex Broker for Beginners in Portugal

We picked XM as the best forex broker for beginners in Portugal.

XM is an excellent forex broker for beginners because of its wide spectrum of trading services and a vast library of educational resources. The broker provides in-depth guides and well-explained videos on trading markets and strategies.

XM was founded in 2009 and is licensed in the UK, Cyprus, Australia, UAE and Belize. Its offerings include trading pairs of forex and CFDs of indices, stocks and commodities, listing around 1,336 trading pairs. It provides services on MT4 and MT5 platform, with spreads around the industry average across asset classes.

Best MT4 Broker in Portugal

We picked INFINOX as the best MT4 broker in Portugal.

INFINOX is another forex broker that is licensed and regulated by the Portuguese CMVM. The broker is also regulated in the United Kingdom, South Africa, Bahamas and Mauritius.

INFINOX provides services trading services on both the MT4 and MT5 platforms. It supports forex and CFDs of indices, metals and commodities on MT4, while MT5 supports additional equities. The broker offers excellent indicators and charting tools to analyze the listed 90 trading instruments.

Best Forex Trading Platform in Portugal

We picked FxPro as the best forex trading platform in Portugal.

FxPro is well-known for its forex trading services though the platform also lists CFDs of indices, stocks, commodities and cryptocurrencies. It lists around 234 trading instruments and offers trading on MT4, MT5, cTrader, and proprietary FxPro EDGE platforms.

The broker trading with 70 currency pairs and puts no restrictions on trading strategies, meaning both hedging and scalping are allowed.

FxPro operates in Portugal with its license from the Cyprus regulator and is also regulated in the United Kingdom, South Africa and the Bahamas.

Best Forex Broker with Lowest Spread & Trading Fees in Portugal

We picked AvaTrade as the best forex broker with the lowest spread & trading fees in Portugal.

AvaTrade is an Ireland-headquartered forex and CFDs broker. It lists around 796 instruments of currency pairs and CFDs of indices, stocks, commodities, bonds, cryptocurrencies and ETFs. The broker is also exceptional when it comes to fees, both trading and non-trading.

According to our tests, AvaTrade charges an average spread of 0.87 pips on the EUR/USD pair, while the industry standard lingers around 1.6 pips. The spreads on most of the other asset classes are also much lower than the industry average. It also has minimum non-trading as there are no deposit or withdrawal fees of anykind.

CMVM-Regulated Forex Brokers List & Review

Here is a list of the regulated forex brokers operating in Portugal, which we have tested by opening real accounts, depositing real money, executing trades, and then withdrawing all funds.

Forex Broker	EU Regulated	About Our Test	Our Review
FBS	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	FBS Review
GO Markets	Yes	Deposit Amount: Over €4,500 Total Trade: 12 trades	GO Markets Review
Fortrade	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	Fortrade Review
RoboMarkets (RoboForex)	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	RoboMarkets Review
IC Markets	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	IC Markets Review
FXTM	Yes	Deposit Amount: Over €6,000 Total Trade: 12 trades	FXTM Review
Capital.com	Yes	Deposit Amount: Over €3,500 Total Trade: 15 trades	Capital.com Review
FxPro	Yes	Deposit Amount: Over €5,000 Total Trade: 15 trades	FxPro Review
Pepperstone	Yes	Deposit Amount: Over €6,000 Total Trade: 12 trades	Pepperstone Review
Amana Capital	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	Amana Capital Review
FxPro	Yes	Deposit Amount: Over €5,000 Total Trade: 15 trades	FxPro Review
XTB	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	XTB Review
eToro	Yes	Deposit Amount: Over $6,000 Total Trade: 18 trades	eToro Review
Tickmill	Yes	Deposit Amount: Over $8,000 Total Trade: 12 trades	Tickmill Review
Plus500	Yes	Deposit Amount: Over €6,000 Total Trade: 18 trades	Plus500 Review

FAQ & More on Portugal Brokers

Traders usually have many questions related to trading generic trading-related queries. We tried to pick and answer some of the most important queries related to CMVM-regulated brokers.

How to Verify CMVM-Regulated Brokers?

Similar to any other reputed financial market regulator, CMVM maintains a database of all the authorized brokers and other financial services authorized to operate in Portugal. In fact, it has one of the most user-friendly UI to search the database.

To find any regulated broker, go to this link and choose any of the categories of authorized firms. It categorizes financial services firms based on their licensing terms: if they are directly regulated by CMVM, if they are passporting licenses from other EEA members or if they are operating under some temporary licensing regime, among others.

ECN Brokers in Portugal

ECN brokers provide connection to an automated bridging network, thus directly connecting buyers and sellers. These brokers offer raw spreads and charges commission on trades. Some of the ECN brokers operating in Portugal are:

FXTM
RoboMarkets (RoboForex)
GKFX

MT4 Portuguese Forex Brokers

MT4 is the trading platform developed by MetaQuotes Software and is very popular for trading Forex and CFDs worldwide. Most of the popular brokers provide services on MT4. Some of the MT4 forex brokers operating in Portugal are:

Admiral Markets
FxPro
XM
Tickmill

Low Spread Forex Brokers in Portugal

Charging spreads are the primary way for most brokers to make money. While many brokers keep their spreads tight, many offer wide spreads. Some of the brokers operating in Portugal with low spreads and fees are:

IC Markets
Capital.com
Pepperstone

High Leverage Forex Brokers in Portugal

Portugal’s CMVM aligns its regulations with the ESMA-recommended MiFID II. These regulations limit forex brokers Portuguese forex brokers to offer leverage of only up to 30:1.

Tax in Portugal for Forex Trading

Forex trading is taxable in the country. Commonly, the profits from forex trading are seen as general income and are taxed the same way. The income tax ranges from 14.5% to 48%. Capital gains in Portugal are taxed at 28%.

Traders from Portugal should remember that they are responsible for filing tax forms to the relevant institution of the country. If they fail to perform their obligations in time, they will later face fines and penalties.

Tags forex brokers in portugal

Broker Categories

5 Best Forex Brokers in Spain 2025

Post author By George Rossi
Post date October 15, 2021
No Comments on 5 Best Forex Brokers in Spain 2025

To come up with this list, we have tested more than 15 forex brokers authorized and operating in Spain.
We opened a real account and deposited between €4,000 and €6,000 with each broker. We placed real trades in each popular market to get the real spreads.
We also reached out to customer support to solve issues that we had encountered. Finally, we withdrew our funds to see if there is any issue with the withdrawal process.
We handpick the best forex brokers in Spain based on our trading data and experience as a trader.

CNMV Regulated Forex Brokers

The National Securities Market Commission, officially known as the Comisión Nacional del Mercado de Valores (CNMV), oversees the Spanish securities market, including all forex brokers operating the country. It was established in 1988 and operates as an independent agency, reporting directly to the Ministry of Economy and Finance.

CNMV as a regulator is responsible for all supervisory actions on the firms associated with securities trading and investment. It has the authority to flag companies that are not compliant with the local regulatory framework and can take regulatory actions against them.

It is a reputed financial markets regulator within the European Union. It proactively monitors companies operating within its jurisdiction and issues warning against suspiciously fraudulent platforms.

The official website of CNMV is www.cnmv.es, which is available in Spanish and English language. The Spanish regulator maintains three official Twitter handles all for separately categorized regulatory updates: @CNMV_MEDIOS for information of general interest; @CNMV_IP for privileged information (IP) and other relevant information (OIR) of issuers; and @CNMV_IFI for interim financial market information.

Spain is an important member of the European Union, so forex brokers regulated by any regulator within the European Economic Area (EEA) can legally operate in the country by passporting their licenses.

CNMV itself is compliant with the directives of the MiFID, meaning the forex brokers licensed by it can operate in any other EU country. CNMV-regulated brokers can offer a maximum leverage of 30:1 and have to provide mandatory negative balance protection.

The Spanish regulator also offers a compensation scheme of up to €20,000, which protects each investor’s deposits in case of bankruptcy of the brokerage.

Some of the key highlights of trading with CNMV-regulated brokers:

🏦Regulator	Comisión Nacional del Mercado de Valores (CNMV)
📊Max. Leverage	30:1
🛡️Is It safe to trade	Yes
🔒Negative Balance Protection	Yes
💰Compensation Scheme	Yes (€20,000)

Best Online Forex Brokers in Spain

To select the best regulated forex brokers operating in Spain, we have tested and reviewed several Onlinen forex brokers. We opened a live account, deposited real money, and placed real trades with each broker. By our test, we got a picture of the real spreads and commissions, trading platforms, deposit and withdrawal conditions, educational resources, and customer services.

FP Markets – Best Overall Forex Broker in Spain
CAPEX.com – Best Forex Broker for Beginners in Spain
Trade.com – Best MT4 Forex Broker in Spain
Markets.com – Best Forex Trading Platform in Spain
Plus500 – Best Forex Broker with Lowest Spread & Trading Fees in Spain

Best Overall Forex Broker in Spain

We picked FP Markets as the overall best forex broker in Spain.

FP Markets is a low-cost forex and CFD broker. The brokerage is licensed in several other global jurisdictions like the UK, Australia, and Cyprus. This broker offers a range of investment instruments with forex, stocks, indices, commodities, and cryptocurrencies. It is best known for offering forex ECN pricing.

The broker further supports several deposit and withdrawal methods, mostly without any fees. The broker can be also praised for its excellent customer support.

Best Forex Broker for Beginners in Spain

We picked CAPEX.com as the best forex broker for beginners in Spain.

CAPEX.com is another forex broker licensed in Spain and is excellent for beginners because of its wide spectrum of trading services and a vast library of educational resources. The broker provides in-depth guides and well-explained videos on trading markets and strategies.

CAPEX.com is also licensed in Cyprus, Romania, South Africa, Abu Dhabi and Seychelles. Its offerings include trading pairs of forex and CFDs of indices, stocks and commodities. It provides services on MT5 and proprietary web trading platforms.

Best MT4 Broker in Spain

We picked Trade.com as the best MT4 broker in Spain.

Trade.com offers excellent trading services when it comes to offerings on the MT4 platform, though it added MT5 as well. The broker for a long time relied only on MT4, focusing all its offerings on one platform. It offers excellent indicators and charting tools, along with some good third-party integrations like Trading Central.

The broker offers trading services with forex and CFDs of commodities, indices, bonds and cryptocurrencies. It is also a safe platform and is regulated in several other jurisdictions.

Best Forex Trading Platform in Spain

We picked Markets.com as the best forex trading platform in Spain.

Markets.com, a London-headquartered broker, is one of the top platforms to trade forex. It lists 67 currency pairs, along with CFDs of indices, stocks, commodities and cryptocurrencies, taking the total offered trading instruments to more than 2,200. The broker offers excellent forex trading conditions and has no restrictions on strategies.

It facilitates trading on industry-standard platforms, MT4 and MT5, along with proprietary Marketsx and Marketsi platforms. It also offers excellent added services like trading signals and market sentiment indicators.

Markets.com operates in Spain with its Cypriot license and is also regulated in the United Kingdom, South Africa, Australia, and the British Virgin Islands.

Best Forex Broker with Lowest Spread & Trading Fees in Spain

We picked Plus500 as the best forex broker with the lowest spread & trading fees in Spain.

Plus500 stands out when it comes to charging low spreads on forex pairs. According to our tests, the average spread charged by the broker on EUR/USD pair is 0.8 pips, compared to the industry average of 1.6 pips. Spreads on the trading instruments of other asset classes are also below or around the industry average.

Furthermore, the broker does not charge any prominent non-trading fees, especially for deposits and withdrawals.

Plus500 is also a public company and is regulated in the UK, Cyprus, Australia, South Africa, Seychelles, and Singapore.

CNMV-Regulated Forex Brokers List & Review

Here is a list of the regulated forex brokers operating in Spain, which we have tested by opening real accounts, depositing real money, executing trades, and then withdrawing all funds.

Forex Broker	EU Regulated	About Our Test	Our Review
FP Markets	Yes	Deposit Amount: Over €6,000 Total Trade: 12 trades	Visit FP Markets
FBS	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	FBS Review
GO Markets	Yes	Deposit Amount: Over €4,500 Total Trade: 12 trades	GO Markets Review
Fortrade	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	Fortrade Review
RoboMarkets (RoboForex)	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	RoboMarkets Review
IC Markets	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	IC Markets Review
FXTM	Yes	Deposit Amount: Over €6,000 Total Trade: 12 trades	FXTM Review
Capital.com	Yes	Deposit Amount: Over €3,500 Total Trade: 15 trades	Capital.com Review
FxPro	Yes	Deposit Amount: Over €5,000 Total Trade: 15 trades	FxPro Review
Pepperstone	Yes	Deposit Amount: Over €6,000 Total Trade: 12 trades	Pepperstone Review
Amana Capital	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	Amana Capital Review
FxPro	Yes	Deposit Amount: Over €5,000 Total Trade: 15 trades	FxPro Review
XTB	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	XTB Review
eToro	Yes	Deposit Amount: Over $6,000 Total Trade: 18 trades	eToro Review
Tickmill	Yes	Deposit Amount: Over $8,000 Total Trade: 12 trades	Tickmill Review
Plus500	Yes	Deposit Amount: Over €6,000 Total Trade: 18 trades	Plus500 Review

FAQ & More on Spain Brokers

Traders usually have many questions related to trading generic trading-related queries. We tried to pick and answer some of the most important queries related to CNMV-regulated brokers.

How to Verify CMVM-Regulated Brokers?

CNMV keeps the record of all authorized brokers and other financial service providers that are operating in the country in the public domain.

To search any authorized broker, go to www.cnmv.es/portal/Consultas/BusquedaPorEntidad.aspx and type the name of the broker on the search bar. The results will show all matches, and their registration details, like authorization date and registered address, can be seen by clicking on the names.

ECN Brokers in Spain

ECN brokers are very popular among professional traders as they directly connect buyers and sellers over an automated bridging network. Though many brokers claim to be ECN, only a few offer true ECN services. Some of the ECN forex brokers operating in Spain are:

FP Markets
RoboMarkets (RoboForex)
FBS
GKFX

MT4 Forex Brokers in Spain

MT4 is an industry-standard platform for trading forex and CFDs of other asset classes. The platform was developed in 2005 by MetaQuotes Software and is still very popular among both traders and brokers. Some of the Spanish MT4 forex brokers are:

FP Markets
Tickmill
Capital.com
XM

Low Spread Spanish Forex Brokers

Spread is the difference between the bid and ask prices and is the primary source of income from trading activities for most forex brokers. Low spread is, however, cruicual for traders and some trading strategies. Some of the Spanish forex brokers with low spreads are:

Plus500
Capital.com
Amana Capital

Swap Free Forex Brokers in Spain

Swap-free brokers are popular among Islamic traders as these brokers, with their swap-free account offering, do not charge any interest on roll-over fees. Some of the popular swap-free forex brokers in Spain are:

FP Markets
Amana Capital
ICM.com
RoboMarkets

Tax in Spain for Forex Trading

Forex trading in Spain is taxable. Gains from, stock market indices, commodities, foreign exchange, etc., are commonly seen as general income. The tax rates can reach up to 48%.

CFD trading is treated as a normal investment and the taxation rate ranges from 19% to 26%. General income tax in the country also starts from 19% and depending on the income amount can reach up to 26%.

Traders from Spain are responsible for filing tax forms to the relevant institutions. If they fail to do so, later they can face penalties and fines.

Tags forex brokers in spain

Broker Categories

5 Best Swiss Forex Brokers 2025

Post author By George Rossi
Post date October 15, 2021
No Comments on 5 Best Swiss Forex Brokers 2025

To come up with this list, we have tested more than 15 forex brokers authorized and operating in Switzerland.
We opened a real account and deposited between €4,000 and €6,000 with each broker. We placed real trades in each popular market to get the real spreads.
We also reached out to customer support to solve issues that we had encountered. Finally, we withdrew our funds to see if there is any issue with the withdrawal process.
We handpick the best forex brokers in Switzerland based on our trading data and experience as a trader.

FINMA-Regulated Forex Brokers

The Swiss Financial Market Supervisory Authority, popularly known as FINMA, is the authority in Switzerland to implement financial regulations and is responsible to oversee forex brokers.

FINMA was established in 2007 by the Swiss Parliament and operates independently from other financial agencies in the country. The scope of the agency includes the regulation of banks, stock exchanges, stock brokers, forex brokers, insurance companies, fund managers, and all other players of the financial market.

The official website of FINMA is www.finma.ch, which is available in four languages: English, German, French and Italian. The official Twitter handle of FINMA is @FINMA_media, and we highly recommend investors and traders follow the regulator on social media for important updates.

When it comes to regulators, FINMA has strict guidelines. Forex brokers under the regulator need to register as banks. This requires companies to have much higher operating capital that minimizes the chance of bankruptcy in case of any market mishap.

FINMA-regulated brokers also need to provide direct market access and cannot operate as counterparties. They can also act as liquidity providers and redirect orders to the broader interbank and global exchange pools.

Furthermore, Swiss forex brokers can offer a maximum leverage of up to 100:1 on major currency pairs. The brokers also have to provide negative balance protection and there is also a compensation scheme of CHF 100,000 per client.

FINMA is also very strict with regulations and can suspend the licenses for severe violations of compliance rules and can initiate investigations. However, the regulator has some limitations too. The agency cannot impose fines or penalties on any financial market participant, including forex brokers.

Some of the key highlights of trading with FINMA-regulated brokers:

🏦Regulator	Swiss Financial Market Supervisory Authority (FINMA)
📊Max. Leverage	100:1
🛡️Is It safe to trade	Yes
🔒Negative Balance Protection	Yes
💰Compensation Scheme	Yes (CHF 100,000)

Best Forex Brokers in Switzerland

To select the best regulated forex brokers operating in Switzerland, we have tested and reviewed several forex brokers. We opened a live account, deposited real money, and placed real trades with each broker. With our test, we got a picture of the real spreads and commissions, trading platforms, deposit and withdrawal conditions, educational resources, and customer services.

IG Markets – Best Overall Forex Broker in Switzerland
Interactive Brokers – Best Forex Broker for Beginners in Switzerland
Swissquote – Best MT4 Forex Broker in Switzerland
Saxo Markets – Best Forex Trading Platform in Switzerland
Dukascopy – Best Forex Broker with Lowest Spread & Trading Fees in Switzerland

Best Overall Forex Broker in Switzerland

We picked IG Markets as the overall best forex broker in Switzerland.

IG Markets, which is headquartered in London, offers versatile services when it comes to trading forex and CFDs. The platform lists over 17,000 trading instruments across various asset classes including forex, indices, stocks, commodities, cryptocurrencies and others. The spreads charged by the broker are also on the lower side.

IG further offers an array of deposit and withdrawal methods and has minimum non-trading fees. The broker also has an excellent customer support team that is very crucial to traders.

IG operates in Switzerland with a FINMA license. The broker is also licensed in the United Kingdom, Germany, Cyprus, Switzerland, the UAE, South Africa, Singapore, Japan, Australia, New Zealand, the United States, and Bermuda. Being a publicly listed company, IG is an extremely safe platform.

Best Forex Broker for Beginners in Switzerland

We picked Interactive Brokers as the best forex broker for beginners in Switzerland.

Interactive Brokers is a well-regulated broker and offers services around the world, including Switzerland. It is one of the best platforms for beginner traders or both simplicity of trading and vast educational resources. It offers detailed guides on markets and trading techniques. Traders can also learn from well-explained videos.

It conducts webinars for forex traders. The broker also offers in-depth market commentary and analysis by dozens of professionals. Apart from the beginner-oriented educational resources, Interactive Brokers offers trading services with a wide range of products.

Best MT4 Broker in Switzerland

We picked Swissquote as the best MT4 broker in Switzerland.

Swissquote is a FINMA-regulated bank and brokerage that offers forex and CFDs trading on three platforms: MetaTrader 4, MetaTrader 5 and Advanced Options, which is a proprietary platform. The broker offers MetaTrader platforms on desktop, mobile and web, integrated with standard indicators and market analysis tools. Clients of the broker can also upgrade their MetaTrader trading platforms with a Swissquote plugin that provides additional tools and indicators.

Swissquote additionally offers a wide range of trading products that include forex pairs, and stocks, indices, commodities and bonds. It also offers cryptocurrency CFDs and expanded its services aggressively over the few years.

Best Forex Trading Platform in Switzerland

We picked Saxo Markets as the best forex trading platform in Switzerland.

Saxo Markets is a Danish company and is regulated in Denmark, the UK, Italy, Czech Republic, the Netherlands, Singapore, Switzerland, France, the UAE, Japan, Hong Kong and Australia.

Forex trading offerings of the Saxo Markets are excellent. It offers more than 180 currency pairs for trading and lists other popular assets like cryptocurrencies and commodities. It also offers forex options with 44 forex vanilla options with maturities from one day to 12 months, along with 6 FX touch options to only professional traders.

Best Forex Broker with Lowest Spread & Trading Fees in Switzerland

We picked Dukascopy as the best forex broker with the lowest spread & trading fees in Switzerland.

Dukascopy is an excellent broker when it comes to fees. According to our tests, the broker charges an average spread of around 0.8 pips on the EUR/USD pair, which is much lower than the industry standard average of 1.6 pips. Spreads on trading instruments of other asset classes are also below or around the industry average. It offers an ECN trading account, along with an MT4 one, and usually charges a commission for trade executions.

Dukascopy is headquartered in Switzerland and is locally regulated by FINMA as a bank. The broker is also registered and regulated in Japan and Latvia.

FINMA-Regulated Forex Brokers List & Review

Here is a list of the regulated forex brokers operating in Switzerland and regulated by FINMA, which we have tested by opening real accounts, depositing real money, executing trades, and then withdrawing all funds.

Forex Broker	FINMA Regulated	Visit Broker
IG Markets	Yes	Visit IG Markets
Interactive Brokers	Yes	Visit Intereactive Brokers
Saxo Markets	Yes	Visit Saxo Markets
Dukascopy	Yes	Visit Dukascopy
Swissquote	Yes	Visit Swissquote
Corner Trader	Yes	Visit Corner Trader

FAQ & More on Switzerland Brokers

Traders usually have many questions related to trading generic trading-related queries. We tried to pick and answer some of the most important queries related to FINMA-regulated brokers.

How to Verify FINMA-Regulated Brokers?

Being one of the top financial markets regulatory authorities, FINMA keeps details of all authorized financial services firms in the public domain.

To check the authorization details of any firm, go to www.finma.ch/en/finma-public/authorised-institutions-individuals-and-products/ and type the name of the company in the search bar. If it is registered with FINMA, the database will show details of the firm.

Additionally, the complete database of all FINMA registered and authorized companies can be downloaded here. FINMA regularly updates this database.

ECN Brokers in Switzerland

ECN brokers are popular among professional traders as they provide raw market spreads with direct access to a pool of other traders with an electronic network. Dukascopy is the only true ECN forex broker in Switzerland.

MT4 Forex Brokers in Switzerland

MT4 trading platform is popular among the forex and CFDs brokers. Most of the forex brokers continue to provide services on the MT4 platform because of its popularity. Some of the FINMA-regulated MT4 forex brokers are:

Swissquote
IG Markets
Dukascopy

Low Spread Forex Brokers in Switzerland

Spread, which is the difference between the bid and ask prices of a trading instrument, is the primary source of income for most brokers. Some of the low-spread and low-fees forex brokers regulated by FINMA are:

Dukascopy
IG Markets
Saxo Bank

High Leverage Forex Brokers in Switzerland

FINMA is one of the very few reputed regulators that still allows brokers to offer a maximum leverage of up to 100:1 on major currency pairs. Some of the high0leverage FINMA-regulated forex brokers are:

Swissquote
Dukascopy
Corner Trader

Tax in Switzerland for Forex Trading

In Switzerland, forex trading is subject to taxation. However, there is a distinction between professional investors and private investors. The latter do not need to pay taxes. They are certain criteria that draw the line between professional traders and private ones. If, however, the traders are seen as professional, they pay annual taxes of 15%.

Traders should file the annual tax forms to the relevant institution of the country. Any delays or tax avoidance altogether are subject to penalties and fines.

Tags forex brokers in switzerland

Broker Categories

Best Forex Brokers with Automated Trading 2025

Post author By George Rossi
Post date August 25, 2021
No Comments on Best Forex Brokers with Automated Trading 2025

For this list, we have searched and tested several forex trading platforms offering automated trading services.
We opened real accounts and deposited between $4,000 and $8,000 with each of the brokers. We placed real trades in each popular market to get the real spreads.
We also reached out to customer support to solve issues that we had encountered. Finally, we withdrew our funds to see if there is any issue with the withdrawal process.
We handpick the best forex trading platforms offering automated trading based on our trading data and experience as a trader.

What is Automated Forex Trading?

Automated forex trading is a technique of trading using an automated algorithm and mostly minimum human intervention. The computer program is usually tried and tested by the trader.

The algorithms used in automated trading mostly analyze the market using technical parameters without focusing on the fundamentals. It analyzes the price patterns and decides when to buy and sell a currency pair.

Automated trading works best for trading currency pairs because of the massive liquidity of the forex market and the availability of the markets around the clock on weekdays.

The three key requisites for automated trading are:

Good trading platform (MT4 is recommended)
Support for VPS
Permision to use Expert Advisor (EA)

How to Start Auto Forex Trading?

Knowledge of trading is a must for automated forex trading. There are no special techniques used in automated forex tradings; it is only the orders executed at a faster speed using technical analysis without human intervention.

Many trading platforms like MetaTrader, cTrader, and TradeStation allow traders to easily write trading scripts using their native programming languages.

For example, traders can define stop-losses, trailing stops and trigger an order by automatically observing moving averages. Traders can also backtest and improve trading algorithms using the previous market data, a feature almost all trading platforms offer.

Some of the popular trading platforms and their programming languages for writing trading scripts are:

Trading Platform	Programming Language
🖥 MetaTrader 4 (MT4)	MLQ4
💻 MetaTrader 5 (MT5)	MLQ5
📈 cTrader	C#
📉 TradeStation	EasyLanguage
📱 NinjaTrader 8	C#
📊 ActTrader	ActFX

Forex Brokers with Algorithmic Trading

But is it necessary to be an expert trader for automating trades? Actually no.

There are many marketplaces where traders can share and buy trading robots. These robots can be easily implemented on trading platforms and the technique is popularly known as Expert Advisory or EA trading.

Though trading platforms of all brokerages support automated trading, we highly recommend traders check trading conditions. Many brokers do not allow or restrict strategies like scalping or hedging, which are very crucial to run high-frequency trading algorithms.

It is recommended to the traders to observe the trading activities although the trading activities are automated. But, expert traders also get the option to move their algorithms to Virtual Private Servers (VPS), which are remote servers and keep the algorithms running around the clock.

Best Forex Broker for Automated Trading

To select the best forex trading platforms for automated trading, we tested and reviewed several forex brokers. We opened live accounts and depositing real money with each broker.

We also placed real trades in popular markets to get the real picture of the spread and commission, trading platform, deposits and withdrawals conditions, education, and customer service.

IC Markets – Best Overall Automated Trading Forex Broker
OANDA – Best Automated Trading Forex Broker with MT4
FxPro – Best Automated Trading Forex Broker with cTrader
XM – Best Automated Trading Forex Broker for Beginners
Admiral Markets – Best Automated Trading Forex Broker with Low Fees

Best Overall Automated Trading Platform Broker

We have picked IC Markets as the best overall automated trading forex broker.

IC Markets is an excellent platform when comes to automated trading using Expert Advisors (EAs) and robots. It offers trading on all the top three platforms: MT4, MT5 and cTrader. Traders can access the vast EA library on the MetaTrader platforms, while experts can write scripts leveraging functionalities of cTrader.

The Australian broker does not have any limitations on trading strategies, meaning both hedging and scalping are allowed. It also offers VPS but charges a $20 fee for that.

IC Markets is regulated in multiple jurisdictions and lists around 559 instruments of forex, indices, stocks, commodities, and cryptocurrencies.

Best Automated Trading Forex Broker with MT4

We have picked OANDA as the best automated trading forex broker with MT4.

OANDA is one of the best when it comes to offering automated trading on the MT4 platform. It offers trading only on one platform, meaning all its resources are directed to MT4. It allows traders to install MT4 plugins from an impressive library, along with premium MT4 tools that include indicators and widgets.

AvaTrade offers trading with forex and CFDs of indices, commodities, shares and a few other asset classes. OANDA is a well-reputed broker and is regulated in almost all major countries.

Best Automated Trading Forex Broker with cTrader

We have picked FxPro as the best automated trading forex brokers with cTrader.

FxPro is one of the many brokers that offer trading services on the cTrader platform, which was developed by the company Spotware. The platform is known for its functionalities and tools and is a preferred one among experts.

Regulated in the UK, Cyprus, South Africa and the Bahamas, FxPro allows traders to run all trading strategies. It also provides VPS at a monthly charge of $30.

FxPro is known for its forex-centric services and lists 70 currency pairs, along with instruments of other asset classes. It also offers trading on MT4, MT5, and proprietary FxPro (EDGE).

Best Automated Trading Forex Broker for Beginners

We have picked XM as the best automated trading forex broker for beginners.

XM’s offering is best for beginner traders because of its excellent library of educational resources. Apart from that, its services for automated trading are also excellent.

The broker offers trading services with forex and CFDs of indices, stocks, and commodities. The trading platforms provided by it are MT4 and MT5, which are deemed as industry-standard. The broker offers excellent trading conditions and allows traders to run EA. It provides VPS too.

Best Automated Trading Forex Broker with Low Fees

We have picked Admiral Markets as the best automated trading forex broker with low fees.

When it comes to spreads and trading fees, Admiral Markets offers the best services. Its spreads charges by it on EUR/USD pairs are 0.6 pips, which is much lower than the industry average of 1.6 pips. According to our tests, spreads on other markets are almost much lower than the industry benchmarks.

Though the basic Admiral Markets account type does not charge any commission, higher-tier accounts charge trading fees but have tight spreads. The broker does not have any significant non-trading fees.

Coming to automated trading, the broker allows traders to run EA on both MT4 and MT5.

Automatic Forex Trading Brokers List

Apart from the shortlisted brokers, here is a complete list of forex brokers that allows automated trading with EAs and robots, which we have tested and reviewed.

Forex Broker	Trading Platforms	EA Trading	VPS	Broker Review
FxPro	MT4, MT5, cTrader, FxPro EDGE	Yes	$30/monrh	FxPro Review
Admiral Markets	MT4, MT5	Yes	Free of charge if the client maintains minimum Live account equity of 5,000 Euros	Admiral Markets Review
BlackBull Markets	MT4, MT5	Yes	Free for minimum of $2,000 deposit with 20 lots traded per month	BlackBull Markets Review
GO Markets	MT4, MT5	Yes	$10 or minimum trading volume of $1m notional value per month (approx. 5 lots)	Go Markets Review
XM	MT4, MT5	Yes	$5,000	XM Review
FXTM	MT4, MT5, FXTM Trader	Yes	Free	FXTM Review
ICM Capital	MT4, MT5, cTrader	Yes	Free for accounts that maintain a 4,000 USD balance or equivalent in EUR, GBP or SGD	ICM Capital Review
Tickmill	MT4	Yes	20% off	Tickmill Review
XTB	MT4, xStation 5, xStation Mobile	Yes	Yes	XTB Review
RoboMarkets (RoboForex)	MT4, MT5, R Trader	Yes	$10/month	RoboMarkets (RoboForex) Review
Pepperstone	MT4, MT5, cTrader	Yes	20% off	Pepperstone Review
FBS	MT4, MT5, FBS Trader	Yes	Free under certain conditions	FBS Review
GKFX	MT4, MT5	Yes	Free when minimum starting balance of $4,000 and minimum trade of 10 lots per month. Otherwise, $25/month.	GKFX Review
Darwinex	MT4, MT5	Yes	£20/month	Darwinex Review
IC Markets	MT4, MT5, cTrader	Yes	$20/monrh	IC Markets Review
ThinkMarkets	MT4, MT5, ThinkTrader	Yes	15% off	ThinkMarkets Review
FP Markets	MT4, MT5, IRESS	Yes	Free for over 10 lots on a standard trading account or 20 lots on Raw account	FP Markets Review
Amana Capital	MT4, MT5	Yes	Free	Amana Capital Review
CMC Markets	MT4, Next Generation Platform	Yes	Free when you trade 15 minimum lots per month	CMC Markets Review
Vantage FX	MT4, MT5	Yes	Free with minimum balance of $1000	Vantage FX Review
INFINOX	MT4, MT5	Yes	Free	INFINOX Review
Axi (AxiTrader)	MT4	Yes	$34.99 of the monthly ForexVPS fee for customers who trade more than 20 lots in a calendar month.	Axi (AxiTrader) Review

FAQ and More on Automated Trading Forex Brokers

Traders usually have many questions related to generic trading-related queries. We tried to pick and answer some of the most important queries related to forex brokers offering automated trading software with EAs and robots.

Brokers Allowing EA on MT4

Allowing traders to run Expert Advisories or EAs is a must for any trading platform which wants traders to automate their trades. And MT4 is the best platform to find EAs because of its vast community. Some of the forex brokers allowing Expert Advisory on MT4 are:

XM
Vantage FX
RoboMarkets
FxPro
CMC Markets

Brokers Allowing Scalping with EA

Scalping allows traders to run high-frequency Expert Advisories that enter and exit positions within seconds or even less. The brokers allowing traders to run both EAs and scalping are:

ThinkMarkets
FXTM
Axi (AxiTrader)
FBS

Best Automated Forex Trading Robot Software

Robots or automated trading software allow traders to run scripts, thus allows them to trade automatically based on the pre-decided parameters. There are many specific trading platforms and tools that allow traders to trade using robots. These are:

MetaTrader 4
MetaTrader 5
cTrader

Best Broker Allowing High Frequency Trading

High-frequency trading enters and exits positions in split seconds. Though the booked profits in each trade are very less (usually in cents), the massive number of executed trades makes the overall profits. Brokers need to allow scalping and provide VPS for facilitating high-frequency. Some of the brokers providing these two services are:

OANDA
GO Markets
CMC Markets

Forex Brokers Offering Free VPS

VPS allows traders to put their automated trading scripts to put in a remote server that is running around the clock (else traders have to run the scripts on their own computer) and usually responses very fast. Some of the forex brokers offering free VPS are:

XTB
OANDA
INFINOX
FXCM
Amana Capital

Best Automated Trading Platform UK

In the world of currency trading, automated systems offer a great way to take advantage. For favorable trading there are three essential conditions to pay attention to: trading platform, access to EAs, and support for VPS. Taking into consideration these important conditions we have tested a number of automated trading brokers UK. It is essential to choose a reliable broker with favorable offerings for successful automated trading.

Based on our tests we have come up with the following forex brokers with automated trading UK:

XTB
FXTM
AxiTrade

Tags forex brokers for beginners

Broker Categories

Best Online Forex Trading Courses 2025

Post author By George Rossi
Post date August 24, 2021
No Comments on Best Online Forex Trading Courses 2025

For this list, we have searched and tested several social forex trading courses available online.
We have enrolled with several online forex trading courses that are provided by brokerages and also other educational platforms. We have completed all the courses, opened both demo and real accounts, and applied recommended trading strategies on markets.
Finally, we have picked some of the best online forex courses available to both beginner and advanced traders, based on our experience with the course material and also as expert traders.

What is Retail Forex Trading?

Retail forex trading is booking profits from buying and selling foreign currencies by individual traders through brokerage platforms.

Forex trading has always been popular among institutions. The global forex trading market has an estimated daily volume of over $6.6 trillion, making it highly liquid, and all the tradings happen over-the-counter.

Another important aspect of the forex market that attracts traders is the availability of the market around the clock for five and a half days a week. This enabled traders to execute trades at any time without worrying about the availability of the market.

Retail forex trading took off with the introduction of electronic trading and internet penetration. Now, this industry has become a significant one as demand for retail forex trading is increasing around the world.

Retails forex traders can make profits in two primary ways:

From the change of exchange rate
From the interest rates differentials of two currencies

Forex Trading Courses

The jump in retail forex trading demand has pushed the demand for forex trading courses. Initially, retail forex trading was confined only to advanced traders but now beginner traders are also showing great interest in trading.

These courses are developed for both beginner and advanced traders, focusing on several areas:

🏛️Markets	Understanding of the forex and other trading markets.
📈Techniques	Basics of the trading instruments, mostly derivatives.
🚀Strategies	Tutorials on trading strategies.
💸Risks	Understanding of several types of risks.

Earlier, mostly third-party platforms were offering forex trading courses. But, now many brokers are offering some excellent courses, and the best part is that these courses are completely free.

One of the intentions of forex brokers behind the full trading courses is to retain these rookie traders as clients by educating them on trading. Almost all of them also provide a demo account where newbie traders can test their learned trading skills without risking real money, and even experienced traders can try out new strategies.

Best Free Forex Trading Course Lessons

To select the best social forex trading platforms and apps, we have tested courses offered by several platforms. We went through every module and lesson of the course, learned the strategies taught, and then implemented them on live accounts. We also used our experience as traders to judge the offered courses and materials.

GO Markets – Best Overall Forex Trading Course
CMC Markets – Best Beginner Forex Trading Course
Interactive Brokers – Best Comprehensive Trading Course
XM – Best Webinar on Forex Trading
Pepperstone – Best MT4 and MT5 Forex Trading Course

Best Overall Forex Trading Course

We have picked GO Markets as the best overall forex trading course.

GO Markets offers an extensive course on forex trading. It covers the most basics of forex trading and also adds some of the advanced strategies that the traders can implement. And the best part is all the materials are totally free.

The broker provides a rich selection of educational courses that cover beginner, intermate and advanced traders. It gives an idea of the fundamentals of trading markets to trading strategies and risks. The courses are well-designed and include infographics, video explainers and quizzes.

The broker also conducts free webinars for personal guidance to traders. It further offers a demo account where traders can execute trades with live market data.

Best Beginner Forex Trading Course

We have picked CMC Markets as the best beginner forex trading course.

CMC Markets is another broker offering a vast set of educational materials. It is one of the best for beginners as its modules are well-segmented based on topics. It provides a comprehensive understanding of spread betting, CFDs, forex, and also tutorials on technical indicators and fundamental guides. The study material offered by the broker includes both articles and videos.

CMC offers trading services on the industry-standard MT4 platform, along with its proprietary Next Generation Platform. The brokers provide detailed guides on how to use these platforms. In addition, the London-based broker also conducts free online webinars and in-person seminars.

Best Comprehensive Trading Course

We have picked Interactive Brokers as the best comprehensive trading course.

Interactive Brokers offers the most comprehensive trading educational lessons and modules when it comes to free courses. The broker offers all its educational materials under the section IBKR Campus. Its offerings include full-length courses on all almost all retail trading markets like forex, equities, futures, options, and many more. It even provides a lengthy understanding of markets and themes like South American Soybean futures and ESG investing.

Interactive brokers’ modules also include lessons on how to read trading charts, trading techniques, and even taxation of trading income.

Apart from the documented materials, IDKR Campus also offers webinars on various market-related topics and expert insights on the markets.

Best Webinar on Forex Trading

We have picked XM as the best webinar on forex trading.

When it comes to conducting webinars and seminars for traders, XM aces even some of the established global brands. The broker conducts more than 40 webinars every month, and that too in multiple languages for its global client base. Additionally, it also conducts in-person seminars on the major market and trading-related topics. Both webinars and seminars of XM are taken by proven industry experts.

Apart from the webinars and seminars, XM also offers detailed educational guides and videos on forex trading and strategies. It further offers trading ideas to its clients.

Best MT4 and MT5 Forex Trading Course

We have picked Pepperstone as the best MT4 and MT5 forex trading course.

Pepperstone offers excellent guides when it comes to trading platform tutorials. It explains the most basic things about MT4 and guides traders on how to navigate and set up the platform to start trading. It touches all aspects like EA and script installation, customization of charts, setting up of VPS, and many more things. All the videos are well-explained without rushing through the topics.

The broker also provides in-depth guides on the basics of different markets and also trading techniques. It also conducts webinars on various trading-related topics.

Forex Brokers Offering Trading Courses

Apart from the shortlisted platforms, here is a complete list of forex brokers that offers extensive study materials on the forex market and trading, which we have tested and reviewed.

Forex Broker	Educational Materials	Broker Review
FxPro	Guides: Yes Videos: No Webinars: Yes (Not frequent) Demo account: Yes	FxPro Review
Admiral Markets	Guides: Yes Videos: Yes Webinars: Yes Demo account: Yes	Admiral Markets Review
BlackBull Markets	Guides: Yes Videos: Yes (only 11 videos) Webinars: No Demo account: Yes	BlackBull Markets Review
GO Markets	Guides: Yes Videos: Yes (on MT4 tutorials) Webinars: Yes Demo account: Yes	Go Markets Review
ActivTrades	Guides: Yes Videos: Yes Webinars: Yes Demo account: Yes	ActivTrades Review
XM	Guides: Yes Videos: Yes Webinars: Yes Demo account: Yes	XM Review
FXTM	Guides: Yes Videos: Yes (31 videos) Webinars: Yes Demo account: Yes	FXTM Review
ICM Capital	Guides: Yes Videos: No Webinars: Yes Demo account: Yes	ICM Capital Review
Tickmill	Guides: Yes Videos: Yes Webinars: Yes Demo account: Yes	Tickmill Review
Capital.com	Guides: Yes Videos: Yes (but not adequate) Webinars: Yes (Weekly) Demo account: Yes	Capital.com Review
XTB	Guides: Yes Videos: No Webinars: Yes Demo account: Yes	XTB Review
RoboMarkets (RoboForex)	Guides: Yes Videos: Yes Webinars: Yes Demo account: Yes	RoboMarkets (RoboForex) Review
Pepperstone	Guides: Yes Videos: Yes (on MT4 tutorials) Webinars: Yes Demo account: Yes	Pepperstone Review
FBS	Guides: Yes Videos: Yes (detailed videos on market basics and platforms) Webinars: Yes Demo account: Yes	FBS Review
GKFX	Guides: Yes Videos: Yes (categorized into beginner, trader, expert) Webinars: Yes Demo account: Yes	GKFX Review
Darwinex	Guides: Yes Videos: Yes (limited to trading risk management) Webinars: No Demo account: Yes	Darwinex Review
IC Markets	Guides: Yes Videos: Yes (very basic trading platform tutorials) Webinars: Yes Demo account: Yes	IC Markets Review
ThinkMarkets	Guides: Yes Videos: Yes Webinars: No Demo account: Yes	ThinkMarkets Review
FP Markets	Guides: Yes Videos: Yes (basic tutorials) Webinars: Yes Demo account: Yes	FP Markets Review
Amana Capital	Guides: Yes Videos: No Webinars: Yes Demo account: Yes	Amana Capital Review
AvaTrade	Guides: Yes Videos: Yes (60 videos) Webinars: Yes Demo account: Yes	AvaTrade Review
CMC Markets	Guides: Yes Videos: Yes (excellent videos on every topic) Webinars: Yes Demo account: Yes	CMC Markets Review
Vantage FX	Guides: Yes Videos: No Webinars: Yes Demo account: Yes	Vantage FX Review
INFINOX	Guides: Yes (too basic) Videos: No Webinars: Yes Demo account: Yes	INFINOX Review
Axi (AxiTrader)	Guides: Yes Videos: Yes (only platform tutorials) Webinars: Yes Demo account: Yes	Axi (AxiTrader) Review
Plus500	Guides: Yes (basic) Videos: Yes (basic) Webinars: No Demo account: Yes	Plus500 Review
eToro	Guides: Yes (basic) Videos: Yes (basic) Webinars: Yes Demo account: Yes	eToro Review
Trading 212	Guides: Yes Videos: Yes Webinars: No Demo account: Yes	Trading 212 Review
Fortrade	Guides: Yes Videos: Yes Webinars: Yes Demo account: Yes	Fortrade Review

FAQ and More on Forex Trading Courses

Traders usually have many questions related to generic trading-related queries. We tried to pick and answer some of the most important queries related to forex trading courses.

Forex Trading Course for Beginners

Forex trading has become very popular among rookie traders recently, and this pushed the demand for good-quality forex trading courses around the globe. Some of the best platforms offering beginner-level forex trading courses are:

GO Markets
CMC Markets
XM
Interactive Brokers

Best Advanced Forex Trading Courses

Advanced forex trading courses usually cover how to implement the forex trading strategies in real market scenarios. These courses also extensively cover the various types of trading risks and techniques to minimize them. Some of the best advanced-level forex trading courses are offered by the following platforms:

Interactive Brokers
Asia Forex Mentor
ForexSignals.com

Best Paid Forex Trading Courses

Before the forex brokers focused on offering free educational materials, only third-party platforms were offering trading courses. These courses are usually paid and are extremely well-structured and cover all areas of trading. Some of the paid forex trading courses are:

ForexSignals.com
Asia Forex Mentor
Six Figure Capital

Best Forex Trading Platforms in the US

The US forex trading platforms need to be registered with the Commodity Futures Trading Commission (CFTC) and be a member of the National Futures Association (NFA). Due to the strict regulations, only a few forex brokers are operating in the country. Some of the forex brokers in the US are:

Forex.com
IG (US)
OANDA
Interactive Brokers

Best Forex Trading Platforms in the UK

The Financial Conduct Authority (FCA) regulates all forex brokers in the United Kingdom, which is one of the major markets for retail forex trading. Some of the well-regulated forex brokers in the UK are:

CMC Markets
IG Markets
Markets.com

Best Forex Trading Course Australia

Australia has become a hub of forex trading in the Asia-Pacific region. The financial services market, along with retail forex trading, in the country is regulated by the Australian Securities and Investments Commission (ASIC). Some of the ASIC-regulated forex brokers are:

GO Markets
Pepperstone
Vantage FX
ThinkMarkets

Tags best forex trading courses

Broker Categories

5 Best CFD Brokers 2025

For this list, we have searched and tested several CFDs brokers regulated in top jurisdictions.
We opened real accounts and deposited between $4,000 and $8,000 with each of the brokers. We placed real trades in each popular market to get the real spreads.
We also reached out to customer support to solve issues that we hd encountered. Finally, we withdrew our funds to see if there is any issue with the withdrawal process.
We handpick the best CFDs brokers regulated in top jurisdictions based on our trading data and experience as a trader.

What are CFDs?

Contracts for difference, better known as CFDs, are agreements between buyers and sellers of financial derivatives that are settled in cash upon closing. CFDs are complex financial instruments.

Being derivatives, CFDs track the prices of the underlying assets. CFDs traders only bet on the price movements and never own any assets. The net difference of the gain or loss in trading such contracts is settled through the trader’s brokerage accounts.

CFDs became popular as they are leveraged products, and traders can take big positions in the market with small margins. Though CFDs increase the amount of potential profitability, the risks also increase proportionately.

Another major advantage of the CFDs is access to wider markets. Brokers can offer CFDs of all asset classes and from foreign markets.

Some of the key advantages of CFDs are:

Leveraged products
Access to wider products and markets
No set expiry of contracts
Small minimum contract size
Easy to create new instruments
Traders can take both long and short positions on the market

Key highlights of CFDs instruments:

📈Leverage	1:30 to 1:400
📊Markets	Forex, indices, stocks, commodities, cryptocurrencies, and more
🗓Expiry	No
💰Contract size	Small
📉Positions	Long and short
🖥Order type	Depend on the broker

Best CFDs Brokers

To select the best CFDs brokers in every top jurisdiction, we tested and reviewed several brokers. We opened live accounts and deposited real money with each broker. We also placed real trades in popular markets to get the real picture of the spread and commission, trading platform, deposits and withdrawals conditions, education, and customer service.

FP Markets – Best CFDs Broker in the United Kingdom
IG Markets – Best CFDs Broker in New Zealand
Saxo Markets – Best CFDs Broker in the European Union
ThinkMarkets – Best CFDs Broker in Australia
Plus500 – Best CFDs Broker in Singapore

Best CFDs Broker in the United Kingdom

We have picked FP Markets as the best CFDs broker in the UK.

FP Markets is a reputed CFDs broker and is headquartered in Australia. It is also a publicly listed company, making it a very safe platform. FP Markets holds 3 regulatory licenses. One of the licenses is from Australia’s ASIC. The other two are from Cyprus Securities and Exchange Commission (CySEC) and Saint Vincent & The Grenadines Financial Services Authority (SVGFSA).

FP Markets also aces when it comes to trading services with CFDs. It lists instruments forex and CFDs of stocks, indices, commodities, and forex. It also offers cryptocurrency CFDs outside the UK.

The broker offers excellent trading conditions, and charges spread much lower than the industry average. It also supports several deposit and withdrawal channels.

Best CFDs Broker in New Zealand

We have picked IG Markets as the best CFDs broker in the US.

IG Markets is probably the most trusted CFDs broker in New Zealand. It operates in the country with a Financial Markets Authority (FMA) license and is also regulated in several other jurisdictions, including the US, UK and Australia.

IG offers its clients access to more than 13,000 CFDs instruments of shares, commodities, cryptocurrencies and other markets. It provides New Zeland-traders access to foreign companies listed in the US, UK and Australia. It offers direct market access where it is possible, along with trading in the grey market and IPOs.

Best CFDs Broker in the European Union

We have picked Saxo Markets as the best CFDs broker in the EU.

Saxo Markets is regulated in the UK, Italy, Czech Republic, the Netherlands, Switzerland, France, Denmark, UAE, Japan, Hong Kong, and Australia. It is one of the European brokers with the most licenses from regulators within the European Union.

Saxo Markets is an excellent forex broker and also aces when it comes to CFDs. It offers investors access to over 19,000 stock CFDs that are listed on more than 40 exchanges around the world. It also offers CFD trading with indices, forex, commodities, options, bonds and cryptocurrencies.

Saxo promises tight spreads and low commissions and offers three account types to its clients.

Best CFD Trading Platform in Australia

We have picked ThinkMarkets as the best CFDs broker in Australia.

ThinkMarkets is one of the best CFD brokers in Australia. Apart from Australia, it is also licensed in the UK, South Africa, and Seychelles.

The broker offers trading services with forex and CFDs of indices, stocks, ETFs, commodities and cryptocurrencies. The total number of instruments listed on its platform exceeds 1,600, out of which 1,552 are CFDs products of stocks and ETFs. Spreads on the broker also remain lower than the industry average across all markets.

Best CFDs Broker in Singapore

We have picked Plus500 as the best CFD broker in Singapore.

Plus500 is an Israeli broker and is listed on the London Stock Exchange. It is regulated in the UK, Cyprus, Australia, South Africa, Seychelles, and Singapore. Being a publicly listed company, it is a safe broker to trade with.

Plus500 offers traders access to several markets, including forex, stocks, indices, commodities, ETFs, options and cryptocurrencies. It lists around 2,400 trading instruments, the majority of which are the stock CFDs. The spreads on the broker are also below the industry average, according to our tests.

CFDs Brokers List

Apart from the shortlisted brokers, here is a complete list of CFDs brokers, which we have tested and reviewed.

Forex Broker	Regulated in the UK	Regulated in New Zealand	Regulated in EU	Regulated in Australia	Regulated in Singapore	Test Details	Broker Review
FxPro	Yes	No	Yes	No	No	Deposit Amount: Over €5,000 Total Trade: 15 trades	FxPro Review
Admiral Markets	Yes	No	Yes	Yes	No	Deposit Amount: Over €4,500 Total Trade: 12 trades	Admiral Markets Review
BlackBull Markets	No	Yes	No	No	No	Deposit Amount: Over €4,000 Total Trade: 12 trades	BlackBull Markets Review
GO Markets	No	No	Yes	Yes	No	Deposit Amount: Over €4,500 Total Trade: 12 trades	Go Markets Review
ActivTrades	Yes	No	No	No	No	Deposit Amount: Over €5,000 Total Trade: 12 trades	ActivTrades Review
XM	Yes	No	Yes	Yes	No	Deposit Amount: Over €5,000 Total Trade: 12 trades	XM Review
FXTM	Yes	No	Yes	No	No	Deposit Amount: Over €6,000 Total Trade: 12 trades	FXTM Review
ICM Capital	Yes	No	Yes	No	No	Deposit Amount: Over €5,000 Total Trade: 12 trades	ICM Capital Review
Tickmill	Yes	No	Yes	No	No	Deposit Amount: Over $8,000 Total Trade: 12 trades	Tickmill Review
Capital.com	Yes	No	Yes	No	No	Deposit Amount: Over €3,500 Total Trade: 15 trades	Capital.com Review
XTB	Yes	No	Yes	No	No	Deposit Amount: Over €5,000 Total Trade: 12 trades	XTB Review
RoboMarkets (RoboForex)	Yes	No	Yes	No	No	Deposit Amount: Over €5,000 Total Trade: 12 trades	RoboMarkets (RoboForex) Review
Pepperstone	Yes	No	Yes	Yes	No	Deposit Amount: Over €6,000 Total Trade: 12 trades	Pepperstone Review
FBS	No	No	Yes	Yes	No	Deposit Amount: Over €5,000 Total Trade: 12 trades	FBS Review
GKFX	Yes	No	Yes	Yes	No	Deposit Amount: Over €5,000 Total Trade: 15 trades	GKFX Review
Darwinex	Yes	No	No	No	No	Deposit Amount: Over €5,000 Total Trade: 12 trades	Darwinex Review
IC Markets	No	No	Yes	Yes	No	Deposit Amount: Over €5,000 Total Trade: 12 trades	IC Markets Review
ThinkMarkets	Yes	No	No	Yes	No	Deposit Amount: Over €5,000 Total Trade: 15 trades	ThinkMarkets Review
FP Markets	No	No	Yes	Yes	No	Deposit Amount: Over €6,000 Total Trade: 12 trades	FP Markets Review
Amana Capital	Yes	No	Yes	No	No	Deposit Amount: Over €5,000 Total Trade: 12 trades	Amana Capital Review
AvaTrade	No	No	Yes	Yes	No	Deposit Amount: Over €4,000 Total Trade: 21 trades	AvaTrade Review
CMC Markets	Yes	Yes	Yes	Yes	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	CMC Markets Review
Vantage FX	Yes	No	No	Yes	No	Deposit Amount: Over €5,000 Total Trade: 15 trades	Vantage FX Review
INFINOX	Yes	No	No	No	No	Deposit Amount: Over €4,000 Total Trade: 9 trades	INFINOX Review
Axi (AxiTrader)	Yes	No	No	Yes	No	Deposit Amount: Over €6,000 Total Trade: 12 trades	Axi (AxiTrader) Review
Plus500	Yes	Yes	Yes	Yes	Yes	Deposit Amount: Over €6,000 Total Trade: 18 trades	Plus500 Review
eToro	Yes	No	Yes	Yes	No	Deposit Amount: Over $6,000 Total Trade: 18 trades	eToro Review
Trading 212	Yes	No	Yes	No	No	Deposit Amount: Over €5,500 Total Trade: 15 trades	Trading 212 Review
Fortrade	Yes	No	Yes	Yes	No	Deposit Amount: Over €5,000 Total Trade: 12 trades	Fortrade Review

FAQ and More on CFDs Brokers

Traders usually have many questions related to generic trading-related queries. We tried to pick and answer some of the most important queries related to CFDs brokers.

Best CFD Trading Platform UK

All CFD platforms and brokers providing services in the UK need to be licensed by the Financial Conduct Authority (FCA), which is a well-reputed regulator with strict guideliness. Out of many CFDs brokers operating in the country, some of the top platforms are:

FP Markets
ActivTrades
FxPro
XM

Best CFDs Brokers in Singapore

Singapore is seen as the financial gateway to Asia. It has become a top priority of the retail CFDs brokers to obtain a regulatory license from the Monetary Authority of Singapore (MAS) for legally operating in the city-state. Some of the top regulated CFDs brokers in Singapore are:

IG Markets
OANDA
CMC Markets
Plus500

Best CFDs Brokers in Australia

Australia is a big market for retail trading platforms, and the Australian Securities and Investment Commission (ASIC) regulated all CFDs brokers in the country. Some of the regulated best CFDs brokers in Australia are:

FP Markets
IC Markets
ThinkMarkets
Vantage FX
Pepperstone

Best CFDs Brokers in South Africa

The Financial Sector Conduct Authority (FSCA) regulates all forex and CFDs brokers operating in South Africa and some of the top local brokers are:

AvaTrade
Tickmill
Plus500
ThinkMarkets

Best Stock CFDs Platforms

Stock CFDs allow investors to trade Stocks listed in Foreign markets without owning an asset and speculate on its price movement with much smaller price due to leverage, and this led to a massive demand for such instruments. Some of the regulated brokers that offer access to stock CFDs of companies listed on multiple foreign stock exchanges are:

FP Markets
CMC Markets
IG Markets
Plus500
eToro

Best MT4 CFDs Brokers

MT4 is the most popular platform among traders to trade forex and CFDs. The platform is developed by MetaQuotes and brokers license it to offer their services. Some of the best brokers offering CFDs trading on MT4 are:

FP Markets
CMC Markets
IG Markets
Dukascopy
FBS

Tags best cfd broker

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ZuluTrade Review 2025

For this list, we have searched and tested several forex brokers using ZuluTrade.
We opened real accounts and deposited between $4,000 and $8,000 with each of the platforms. We placed real trades in each popular market to get the real spreads.
We also reached out to customer support to solve issues that we hd encountered. Finally, we withdrew our funds to see if there is any issue with the withdrawal process.
We handpick the best forex brokers using ZuluTrade based on our trading data and experience as a trader.

What is ZuluTrade?

ZuluTrade is a social and copy trading platform that connects traders around the world. It is a popular social platform and is probably the one with the most number of traders.

The platform allows traders to receive and share trading signals and also follow strategies from experts to executing trading, a technique popularized as copy trading.

ZuluTrade was founded in 2007 and became very popular among the forex trading community. It started supporting the execution of only forex trades but soon added the capability of trading CFDs. It offers trading services with forex, stocks, commodities, indices and cryptocurrencies.

How to Get Started with ZuluTrade?

To use ZuluTrade’s services, traders need to open an account with ZuluTrade. Then, they can decide on to broadcast market signals or follow other traders to execute copy trading.

ZuluTrade Classic

ZuluTrade offers two account types:

Classic: This account is meant for expert traders who want to manually trade on the markets and broadcast their trading. They can also copy the trades of other traders.
Profit-Sharing: This account is meant for newbies who only want to copy experts’ trades.

Traders without any brokerage account can instantly open an account with any of the ZuluTrade-supported brokers.

Becoming a signal provider with ZuluTrade can pay off expert traders well. They can receive 0.5 pip per lot from each trader following their strategies with a real money account.

Criteria to become a ZuluTrade signal provider:

Traders have to maintain a maximum historic drawdown of less than 30%.
Should maintain at least average 6 pip per trade.
Have to trade with ZuluTrade for at least 12 months.

Features of ZuluTrade

ZuluTrade is very user-friendly and provides many features to traders. Some of the in-built features on the social forex trading platform are:

🏦 Pip and profit calculator	Yes
📊 Margin calculator	Yes
💰 Currency calculator	Yes
🗓 Economic calendar	Yes
📑 Newsfeed	Yes
📉 Slippage	Yes

ZuluTrade Copy Trade Review

But, like any other platform, ZuluTrade also has many advantages and disadvantages.

Some of the benefits of using ZuluTrade are:

Traders can use a demo account first
It supports many brokerages regulated in several jurisdictions
Provides a great community of traders
Transparency is maintained as all the trades of the signal provider is visible
Low ongoing or overhead cost
Supports trading in all popular asset classes

Some of the key disadvantages that newbie traders should be aware of are:

Usual risks of trading are applicable
Signal providers are not required to trade with their own funds
Several investment traders are registered as signal providers

Best ZuluTrade Forex Brokers

To select the best forex brokers for ZuluTrade Review, we tested and reviewed dozens of forex brokers. We opened live accounts and depositing real money with each broker. We also placed real trades in popular markets to get the real picture of the spread and commission, trading platform, deposits and withdrawals conditions, education, and customer service.

IC Markets – Best Overall Forex Broker with ZuluTrade
Amana Capital – Best Low Deposit Forex Broker with ZuluTrade
BlackBull Markets – Best High Leverage Forex Broker with ZuluTrade
AvaTrade – Best Low Spread Forex Broker with ZuluTrade
Swissquote – Best Forex Trading Platform with ZuluTrade

Best Overall Forex Broker with ZuluTrade

We have picked IC Markets as the best overall forex broker with ZuluTrade.

IC Markets is one of the Australian forex brokers, holding licenses in Australia, Cyprus, Seychelles, and the Bahamas. It is a popular platform and offers trading services with forex, indices, stocks, commodities and cryptocurrencies. The broker offers around 559 trading instruments.

Our tests also find that IC Markets charges lower than industry average spreads across all markets. The average spread on the EUR/USD pair on the broker is 1 pip, compared to the industry average of 1.6 pips.

The broker supports several widely used deposit and withdrawal methods, including bank transfer, credit/debit cards, and online wallets like PayPal, Skrill and Neteller. It also has an excellent customer support team.

Best Low Deposit Forex Broker with ZuluTrade

We have picked Amana Capital as the best low deposit forex broker with ZuluTrade.

Amana Capital does not have any minimum deposit requirement, meaning new traders can start with the smallest sum they want. The broker takes deposits in several methods, bank transfers, credit/debit cards, Neteller and Skrill, along with many other local methods.

However, the broker charges fees on most of the deposits and withdrawals, which the traders must consider.

Amana Capital is regulated in the United Kingdom, the United Arab Emirates, Cyprus, Malaysia, and Mauritius. It offers 392 investment instruments that range from forex and stocks to commodities and cryptocurrencies.

Best High Leverage Forex Broker with ZuluTrade

We have picked BlackBull Markets as the best high leverage forex broker with ZuluTrade.

When it comes to leverage, not many reputed regulators allow brokers to offer high leverages anymore, with only a couple of exceptions. BlackBull Markets, which is regulated by New Zealand’s FMA, offers maximum leverage of up to 500:1 on major currencies.

BlackBull offers trading services with forex and CFDs of stocks, indices, and commodities, listing a total of 280 instruments. The broker also holds a license from the Seychelles regulator, under which it offers leverage up to 300:1.

Best Low Spread Forex Broker with ZuluTrade

We have picked AvaTrade as the best low spread forex broker with ZuluTrade.

Headquartered in Dublin, AvaTrade is one of the best brokers when it comes to trading fees, especially spreads. It charges only 0.87 pip in spreads on the EUR/USD pair, much lower than the industry average. Spreads on other markets also remained around or lower than the industry averages.

AvaTrade lists 796 trading instruments and offers trading with forex and CFDs of indices, commodities, bonds, cryptocurrencies, stocks, and ETFs. It is also a well-regulated broker and holds licenses from the regulators in Ireland, Japan, Australia, UAE, South Africa, and the British Virgin Islands.

Best Forex Trading Platform with ZuluTrade

We have picked Swissquote as the best forex trading platform with ZuluTrade.

ThinkMarkets (previously ThinkForex) is an excellent platform to trade forex. It is headquartered in Australia and regulated in Australia, the UK, South Africa, and Seychelles.

ThinkMarkets offers 40 currency pairs and offers trading on MT4, MT5 and proprietary AvaTrader platforms. The broker does not have any limitations in trading, meaning traders can run both scalping and hedging.

Apart from forex, ThinkAmrkets also offers CFDs of indices, commodities, cryptocurrencies, and stocks. It lists a total of 1,628 trading instruments.

ZuluTrade Forex Brokers List

Here is a complete list of forex brokers that are supported by ZuluTrade, which we have tested and reviewed.

Forex Broker	ZuluTrade Support	Test Details	Broker Review
BlackBull Markets	Yes	Deposit Amount: Over €4,000 Total Trade: 12 trades	BlackBull Markets Review
Tickmill	Yes	Deposit Amount: Over $8,000 Total Trade: 12 trades	Tickmill Review
GKFX	Yes	Deposit Amount: Over €5,000 Total Trade: 15 trades	GKFX Review
IC Markets	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	IC Markets Review
ThinkMarkets	Yes	Deposit Amount: Over €5,000 Total Trade: 15 trades	ThinkMarkets Review
Amana Capital	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	Amana Capital Review
AvaTrade	Yes	Deposit Amount: Over €4,000 Total Trade: 21 trades	AvaTrade Review
Vantage FX	Yes	Deposit Amount: Over €5,000 Total Trade: 15 trades	Vantage FX Review
Axi (AxiTrader)	Yes	Deposit Amount: Over €6,000 Total Trade: 12 trades	Axi (AxiTrader) Review
ActivTrades	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	ActivTrades Review

FAQ and More on ZuluTrade Supported Brokers

Traders usually have many questions related to generic trading-related queries. We tried to pick and answer some of the most important queries related to ZuluTrade and brokers supporting ZuluTrade.

Is ZuluTrade Legal in the US?

Yes, ZuluTrade is operating legally in the United States. The platform entered the US in 2020 with a partnership with US-based introducing broker ZYTrade LLC, which is regulated under the National Futures Association (NFA).

OANDA is the only broker that offers trading services with ZuluTrade in the United States.

Best ZuluTrade Brokers for Trading Forex

Several brokers have integrated ZuluTrade’s services to offer copy trading services. Some of the brokers with ZuluTrade, which are offering the best environment for trading forex, are:

IC Markets
Swissquote
AvaTrade

What Is the Minimum Deposit on ZuluTrade?

The minimum deposit on ZuluTrade can be as low as $1. The amount and the mode of deposits completely depend upon the broker with which the traders open their brokerage accounts. Some of the low deposit forex brokers with ZuluTrade are:

Amana Capital
InstaForex
Redstone

MT4 Forex Brokers with ZuluTrade

MT4 is the most popular platform for trading forex and CFDs, and it is also one of the most preferred for social trading with ZuluTrade. Some of the ZuluTrade brokers offering services on MT4 are:

IC Markets
Tickmill
AvaTrade
Vantage FX

Micro Lot Forex Brokers with ZuluTrade

Beginner forex brokers prefer to trade with micro-lots of currency pairs, which allows them to minimize the risk exposure on the market. Some of the forex brokers with ZuluTrade that allows trading with micro-lots are:

Tickmill
AvaTrade
ActivTrades
OANDA

ZuluTrade Australia

ZuluTrade is user-friendly and it provides a number of benefits to traders. Anyway, to get the most from ZuluTrade, it is advisable to pick a trustworthy broker, with good offerings and great features. To be helpful, we have tested Australian brokers with ZuluTrade, placing actual trades in popular markets to get the real picture. Read more about best forex brokers Australia.

Based on our testing results, we have come up with the following forex brokers that offer ZuluTrade:

IC Markets
AvaTrade
Vantage FX

Tags forex brokers with zulutrader

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5 Best Social Forex Trading Platform 2025

Post author By George Rossi
Post date August 18, 2021
No Comments on 5 Best Social Forex Trading Platform 2025

For this list, we have searched and tested several social forex trading platforms and apps.
We opened real accounts and deposited between $4,000 and $8,000 with each of the platforms. We placed real trades in each popular market to get the real spreads.
We also reached out to customer support to solve issues that we hd encountered. Finally, we withdrew our funds to see if there is any issue with the withdrawal process.
We handpick the best social forex trading platforms and apps based on our trading data and experience as a trader.

Social trading primarily involves the communication between traders who are willing to share and discuss their trading strategies, thus receiving and providing tips and suggestions.

Social Trading Strategies

Some of the broad categories of social forex trading are:

Copy trading
Mirror trading
Signals and tips
Forums and profiles

Social forex trading platforms usually cut the time for fundamental and technical analysis as traders can scoop trading data-feeds of other traders from social trading platforms to make investment decisions.

The most popular form of social trading now is copy trading services. It allows one trader (usually a rookie) to copy trading strategy and techniques of another trader, usually an expert. Newbies can earn some profits with this when they are still learning about trading and markets.

The popularity of social trading skyrocketed with the introduction of electronic trading and the rise in internet penetration. It remains very popular among retail traders.

Though many brokers are developing their own social trading platforms, the industry is dominated by specialized third-party companies.

To select the best social forex trading platforms and apps, we tested and reviewed dozens of forex brokers. We opened live accounts and depositing real money with each broker. We also placed real trades in popular markets to get the real picture of the spread and commission, trading platform, deposits and withdrawals conditions, education, and customer service.

ZuluTrade – Best Social Forex Trading Platform
eToro – Best Copy Trading Platform
MetaQuotes MetaTrader – Best Forex Trading Signals Provider
cMirror – Best Forex Mirror Trading Platform
Myfxbook – Best Social Forex Community Fourm

Best Social Trading Software Platform

We have picked ZuluTrade as the best social forex trading platform.

ZuluTrade is probably the most popular social forex trading platform. It maintains and connects a vast community of traders that ranges from novice to expert.

ZuluTrade offers works as a signals provider, and newbie traders can also copy the portfolio and trading strategies of expert traders. The platform first offered services only to forex trading, but later extended support for CFDs as well. Though it added binary options too, the services for these controversial instruments were dropped in 2018.

ZuluTrade has partnered with dozens of brokers, which holds licenses around the world. It offers an easy to use social trading platform and also keeps its operations transparent.

Best Copy Trading Platform

We have picked eToro as the best copy trading platform.

eToro revolutionized the copy trading space in the last decade. The Israeli platform was founded in 2006 and now operates as a full broker. eToro is focused on novice tradersTraders can easily copy the trading strategies and techniques of expert traders. The platform also maintains a leader board of all top traders.

eToro offers trading services with forex, and CFDs of indices, commodities, stocks, and cryptocurrencies. It is regulated in the UK, the USA, Australia, and Cyprus.

Best Forex Social Trading Signals Provider

We have picked MetaQuotes’ MetaTrader as the best forex trading signals provider.

MetaQuotes Software’s two trading platforms, MetaTrader 4 and MetaTrader 5, are the most widely used in trading forex and CFDs. Hundreds of forex brokers license these industry-standard platforms to offer trading services instead of developing their native platform.

MetaTrader added signals services in 2013 and any trader using anyone of the MT platforms can either subscribe to or provide trading signals. The popularity of the platform also resulted in forming a major community of traders who can also discuss these signals.

Best Forex Mirror Trading Software

We have picked cMirror as the best forex mirror trading platform.

cMirror has been developed by Spotware Systems, the same company that built the popular trading platform cTrader. The mirror trading platform was launched in November 2014 when demand for such services was skyrocketing.

cMirror allows traders to become strategy providers by broadcasting their trading signals. Other traders can search through the available signals and easily copy or mirror these trading strategies. The signals providers, in return, can earn commissions.

Best Social Forex Community Forum

We have picked Myfxbook as the best social forex community forum.

Myfxbook is one of the best forex community builders where traders can share signals and interact on active forums. The platform was founded in 2009 and since expanded its services in several other areas as well.

Myfxbook allows traders to research and analyze markets using an excellent set of analytical tools. Traders can also track, compare and share trading activities. The platform is currently supported by more than 100 brokers.

Here is a complete list of forex brokers that offers social trading services either natively or with third-party platforms, which we have tested and reviewed.

Forex Broker	Social/Copy Trading	Test Details	Broker Review
FxPro	Yes	Deposit Amount: Over €5,000 Total Trade: 15 trades	FxPro Review
Admiral Markets	Yes	Deposit Amount: Over €4,500 Total Trade: 12 trades	Admiral Markets Review
BlackBull Markets	Yes	Deposit Amount: Over €4,000 Total Trade: 12 trades	BlackBull Markets Review
GO Markets	Yes	Deposit Amount: Over €4,500 Total Trade: 12 trades	Go Markets Review
XM	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	XM Review
FXTM	Yes	Deposit Amount: Over €6,000 Total Trade: 12 trades	FXTM Review
Tickmill	Yes	Deposit Amount: Over $8,000 Total Trade: 12 trades	Tickmill Review
RoboMarkets (RoboForex)	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	RoboMarkets (RoboForex) Review
Pepperstone	Yes	Deposit Amount: Over €6,000 Total Trade: 12 trades	Pepperstone Review
FBS	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	FBS Review
GKFX	Yes	Deposit Amount: Over €5,000 Total Trade: 15 trades	GKFX Review
Darwinex	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	Darwinex Review
IC Markets	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	IC Markets Review
ThinkMarkets	Yes	Deposit Amount: Over €5,000 Total Trade: 15 trades	ThinkMarkets Review
FP Markets	Yes	Deposit Amount: Over €6,000 Total Trade: 12 trades	FP Markets Review
Amana Capital	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	Amana Capital Review
AvaTrade	Yes	Deposit Amount: Over €4,000 Total Trade: 21 trades	AvaTrade Review
CMC Markets	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	CMC Markets Review
Vantage FX	Yes	Deposit Amount: Over €5,000 Total Trade: 15 trades	Vantage FX Review
INFINOX	Yes	Deposit Amount: Over €4,000 Total Trade: 9 trades	INFINOX Review
Axi (AxiTrader)	Yes	Deposit Amount: Over €6,000 Total Trade: 12 trades	Axi (AxiTrader) Review
eToro	Yes	Deposit Amount: Over $6,000 Total Trade: 18 trades	eToro Review

FAQ and More on Brokers Offering Social Forex Trading Platforms & Apps

Traders usually have many questions related to generic trading-related queries. We tried to pick and answer some of the most important queries related to social forex trading platforms and apps.

The US is one of the highly regulated markets when it comes to trading. Similar to any brokerage, social trading platforms in the country also need to register themselves with the NFA to legally offer services in the country. Some of the regulated social trading platforms in the US are:

ZuluTrade
eToro
Trading Motion

Though the Indian capital market is regulated by the Securities and Exchange Board of India (SEBI), the regulations are loose when it comes to forex and CFDs trading. Thus, foreign platforms can easily offer services to Indian residents. Some of the good social trading platforms in India are:

ZuluTrade
eToro
Naga Trader

Binary options are simple investment instruments, but are banned or highly restricted in most countries due to the scams involved with these instruments. Though many social trading platforms were offering services with binary options, they dropped the instrument due to the regulatory crackdown.

We do not recommend traders to use any of the loosely regulated social trading platforms which are still offering binary options.

Cent/Micro Account Forex Brokers in India

Though the Securities and Exchange Board of India (SEBI) oversees Indian financial services players, forex brokers are loosely regulated in the country. Some of the well-regulated forex brokers offering cent/micro accounts in India are:

FBS
XM
HotForex

Copy trading allows newbie traders to directly follow the trading activities of any expert. They copy all the positions in the market taken by the expert. These platforms have become very popular lately, and many platforms are offering such services. Some of the good copy trading platforms are:

eToro
NagaTrader
ZuluTrade

Tags best social forex trading platform & app

Broker Categories

5 Best Forex Trading App 2025 (Andriod, iPhone, iPad)

Post author By George Rossi
Post date August 18, 2021
No Comments on 5 Best Forex Trading App 2025 (Andriod, iPhone, iPad)

For this list, we have searched and tested several forex trading apps offered by brokers.
We opened real accounts and deposited between $4,000 and $8,000 with each of the brokers. We placed real trades in each popular market to get the real spreads.
We also reached out to customer support to solve issues that we hd encountered. Finally, we withdrew our funds to see if there is any issue with the withdrawal process.
We handpick the best forex trading app based on our trading data and experience as a trader.

What are Forex Trading Apps?

Forex trading apps enable traders to execute trades on mobile devices. These trading apps are becoming popular among retail traders as mobile trading is becoming a norm with fast internet connections and powerful mobile devices.

Mobile trading apps are mostly built for two widely-used operating systems:

iOS
Andriod

The form factor of mobile devices also plays a crucial role in the development of such apps. And the brokers are also focusing on mobile apps due to the rising demand. In fact, multiple market surveys have found that more trades are getting executed on mobile devices now compared to desktop clients.

Forex mobile trading apps also support some powerful market analysis tools. But the limited screen size and the device processing power have become a roadblock in this segment.

Some of the benefits of forex mobile trading apps are:

Ability to monitor the market while on the move
Execution of trades from anywhere
User-friendly interface

Best Forex Trading Apps

To select the best forex trading apps, we tested and reviewed several brokers (See the popular trading app for legit forex brokers in Nigeria). We opened live accounts and deposited real money with each broker. We also placed real trades in popular markets to get the real picture of the spread and commission, trading platform, deposits and withdrawals conditions, education, and customer service.

Markets.com – Best Overall Forex Trading App
IG Markets – Best Forex Trading App for Beginners
eToro – Best Forex Social Trading App
IC Markets – Best MT4 Forex Trading App
CMC Markets – Best CFDs Trading App

Best Overall Forex Trading App

We have picked Markets.com as the best overall forex trading app.

Markets.com offers one of the best apps when it comes to trading on mobile devices. Its mobile trading app is called Marketsx and is available on both iOS and Android devices.

Despite being a mobile app, Marketsx is loaded with features, Traders can obviously execute trades, but can also analyze the markets with some powerful tools and indicators. Additionally, the app also provides expert recommendations, opinions, hedge fund confidence metrics, trends and many more.

Markets.com also provides trading on MT4, MT5, and proprietary Matketsi, but those don’t have mobile clients.

It is a well-regulated broker and offers trading with forex and CFDs of indices, stocks, commodities and cryptocurrencies.

Best Forex Trading App for Beginners

We have picked IG Markets as the best forex trading app for beginners.

IG is a big name when it comes to trading platforms. The broker is regulated in almost all key jurisdictions and offers trading in more than 17,000 markets.

When it comes to mobile trading, the app offered by IG is probably the best choice for beginners. Available on both iOS and Android platforms, the app is very easy to use and navigate. But the most beginner-friendly feature of the IG app is the abundance of trading and market tutorials.

IG clients also have the ability to analyze the markets with 28 technical indicators on interactive price charts.

Best Forex Social Trading App

We have picked eToro as the best forex social trading app.

When it comes to social or copy trading, eToro is undoubtedly the leader. It has an excellent interface on mobile devices, both on iOS and Android. Traders get the list of all experts whose portfolios and trading activities can be copied.

The app shows all important metrics like the risk indicators of each expert, their returns, AUM, trade details, and all other key sentiments. Traders can also analyze the markets using charting tools and indicators, and place direct orders.

Best MT4 Forex Trading App

We have picked IC Markets as the best MT4 forex trading app.

MT4 is the top platform when it comes to trading forex and CFDs. But the mobile version of the platform dies not comes as a default: brokers need to license the mobile version separate from the legacy desktop client. IC Markets offers trading services using the MT4 platform on the web, desktop and mobile.

It offers a user-friendly interface with trade levels and volumes on the chart. The app can be also used while on offline mode to check symbol prices and charts. Traders can analyze the market with more than 30 indicators and execute trades directly from the charts.

IC Markets is an Australian broker and apart from his home base is also regulated in Cyprus, Seychelles, and the Bahamas. It offers trading services with forex and CFDs of indices, stocks, commodities and cryptocurrencies.

Best CFDs Trading App

We have picked CMC Markets as the best CFDs trading app.

CMC Markets is an excellent broker overall and also when it comes to trading CFDs on mobile. The broker offers dedicated platforms for iOS and Android devices, along with the usual web and desktop clients.

CMC’s mobile platforms come with a customizable dashboard. Traders can monitor the markets with optimizable charts: it offers a range of popular technical indicators and customizable chart extensions for market analysis.

CMC is one of the best CFD brokers, because of its wide range of product lines. It offers more than 10,000 CFD instruments across several markts including forex, stocks, indices, commodities and cryptocurrencies.

Forex Trading App List

Apart from the shortlisted brokers, here is a complete list of brokers that offers dedicated forex trading apps and platforms for mobile devices, which we have tested and reviewed.

Forex Broker	Apps	Platforms	Test Details	Broker Review
Admiral Markets	Yes	No	Deposit Amount: Over €4,500 Total Trade: 12 trades	Admiral Markets Review
ActivTrades	Yes	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	ActivTrades Review
FXTM	Yes	Yes	Deposit Amount: Over €6,000 Total Trade: 12 trades	FXTM Review
Capital.com	Yes	No	Deposit Amount: Over €3,500 Total Trade: 15 trades	Capital.com Review
XTB	Yes	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	XTB Review
RoboMarkets (RoboForex)	No	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	RoboMarkets (RoboForex) Review
FBS	Yes	No	Deposit Amount: Over €5,000 Total Trade: 12 trades	FBS Review
ThinkMarkets	Yes	Yes	Deposit Amount: Over €5,000 Total Trade: 15 trades	ThinkMarkets Review
AvaTrade	Yes	Yes	Deposit Amount: Over €4,000 Total Trade: 21 trades	AvaTrade Review
CMC Markets	Yes	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	CMC Markets Review
Vantage FX	Yes	No	Deposit Amount: Over €5,000 Total Trade: 15 trades	Vantage FX Review
Plus500	Yes	Yes	Deposit Amount: Over €6,000 Total Trade: 18 trades	Plus500 Review
eToro	Yes	Yes	Deposit Amount: Over $6,000 Total Trade: 18 trades	eToro Review
Trading 212	Yes	Yes	Deposit Amount: Over €5,500 Total Trade: 15 trades	Trading 212 Review
Fortrade	Yes	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	Fortrade Review

FAQ and More on Mobile Forex Trading Apps

Traders usually have many questions related to generic trading-related queries. We tried to pick and answer some of the most important queries related to Mobile forex trading apps below.

Best Forex Trading App in the UK

The UK is a hub for forex trading brokers, most of which are offering trading apps to facilitate mobile trading. Some of the best FCA-regulated brokers offering forex trading apps are:

CMC Markets
IG Markets
Markets.com

Best Forex Trading App on Android

Android is the most used operating platform for mobile phones, from budget to high-end. As the mobile trading craze is growing, brokers are focusing to offer the best experience on Android phones. Some of the best forex trading apps on Android are:

eToro
Markets.com
Trading212
Saxo Bank

Best Forex Trading App for iPhone iPad

Offering mobile platforms on iOS is a priority for brokers as Apple devices (iPhone and iPad) are very popular around the world. Some of the brokers offering the best forex trading apps on iOS are:

CMC Markets
Markets.com
IG Markets

Forex Trading Demo Apps

Forex trading demo apps are popular as they allow new traders to learn trading using a demo account offered by the brokers. Traders can analyze the markets and execute trades on these accounts without risking real money. Some of the good forex trading demo apps are:

eToro
AvaTrade
IG Markets
Forex.com

Best Forex Trading Signals Apps

Forex signals are the expert leads and market forecasts based on their market analysis. There are many signals providers in the market, and many are now complementing their services on mobile devices as well. Some of the good forex signals apps on mobile are:

eToro
ZuluTrade
NAGA Trader

Tags best forex trading app

Broker Categories

5 Best Forex Brokers for Beginners 2025

Post author By George Rossi
Post date August 18, 2021
1 Comment on 5 Best Forex Brokers for Beginners 2025

For this list, we have searched and tested several forex trading platforms suitable Forex Brokers for beginners.
We opened real accounts and deposited between $4,000 and $8,000 with each of the brokers. We placed real trades in each popular market to get the real spreads.
We also reached out to customer support to solve issues that we hd encountered. Finally, we withdrew our funds to see if there is any issue with the withdrawal process.
We handpick the best forex trading platform for beginners based on our trading data and experience as a trader.

What is Forex Trading?

Forex trading is the process of buying and selling currencies solely for the purpose of making profits. Such forex traders don’t intend to use foreign currency for international trades or any other purpose.

Forex trading always remained popular among institutions, but retail interest in the sector boomed with the beginning of electronic trading and internet penetration.

Retails traders can make profits from forex trading in two ways:

Take profit from the change of exchange rate
Profits (or loss) from the interest rates differentials of two currencies

Though experts usually indulge in forex trading, the minimum entry barriers attracted a ton of beginners towards the industry. Brokers are also now focused on making their platform beginner-friendly.

The characteristics of a good forex broker for beginners are:

Easy-to-use platform
Availability of good educational resources on both markets and trading strategies
Low trading fees
Transparent services
Excellent customer service

Best Forex Broker for Beginners

To select the best forex broker and trading platform for beginners, we tested and reviewed several forex brokers. We opened live accounts and depositing real money with each broker. We also placed real trades in popular markets to get the real picture of the spread and commission, trading platform, deposits and withdrawals conditions, education, and customer service.

XTB – Best Overall Forex Broker for Beginners
Markets.com – Best Forex Trading Platform for Beginners
Admiral Markets – Best Forex Broker for Beginners (Low Fee)
XM – Best Forex Broker for Beginners (Educational Resources)
Fortrade – Best Forex Broker for Beginners (Customer Service)

Best Overall Forex Trading Broker for Beginners

We have picked XTB as the best overall forex broker for beginners.

XTB, which is headquartered in London and Warsaw, offers excellent service and is commendable in all areas, let it be the trading platform, fees, deposit and withdrawal methods, educational resources, or customer support.

XTB provides trading services with forex and CFDs of indices, stocks, commodities, ETFs, and cryptocurrencies. It is also a well-regulated broker, holding licenses in reputed global jurisdictions.

The broker has excellent customer support, who can be easily reached via multiple modes. The educational resources on the brokers are very helpful and easy to understand, which is very crucial for a beginner-friendly forex broker.

Best Forex Trading Platform for Beginners

We have picked Markets.com as the best forex trading platform for beginners.

Markets.com is excellent when it comes to trade forex. The broker offers 67 currency pairs, along with CFDs of indices, stocks, commodities, and cryptocurrencies.

Markets.com offers its services on multiple platforms: industry-standard MT4 and MT5, and proprietary platforms Marketsx and Marketsi. The broker does not have any limitations on trading, meaning both scalping and hedging are allowed.

Best Forex Broker for Beginners (Low Fee)

We have picked Admiral Markets as the best forex brokers for beginners with low fees.

Trading and non-trading fees are crucial factors when it comes to beginner traders, and Estonia-based Admiral Markets excels in this area.

The broker does not have any significant deposit fee (only charges 0.9% on deposit with Neteller and Skrill) and has free withdrawals. It does not have any other non-trading fees, except dormant accounts have to pay a monthly fee of €10. Here you can see other forex no deposit bonus 2022 India brokers.

When it comes to trading, Admiral Markets has tight spreads. According to our tests, the average spread on the EUR/USD pair is only 0.6 pips, much lower than the industry average of 1.6 pips. Its spreads also remain consistently lower than the industry benchmark across all offered markets, which include forex, indices, stocks and commodities.

Best Forex Broker for Beginners (Educational Resources)

We have picked XM as the best forex broker for beginners with good educational resources.

When it comes to the educational materials for newbie brokers, XM is probably the best. It offers in-depth guides and informative video series on both trading strategies and markets. All the materials are categorized based on the experience level of the traders.

XM also conducts around 40 webinars every week on various trading-related topics every week. Furthermore, it offers its resources in different languages to cater to its diverse global client base.

The broker offers trading services with forex, indices, stocks, and commodities, and is regulated in several jurisdictions: the UK, Cyprus, Australia, UAE, and Belize.

Best Forex Broker for Beginners (Customer Service)

We have picked Fortrade as the best forex broker for beginners with good customer support.

Good customer support is not only essential for beginner traders but also experts. And Fortraded aces in offering excellent customer support.

Traders can reach customer support executives via live chat, email, and phone. The broker also assigns an account service manager to each of its clients. Our tests of the broker find that the answers provided by the broker on any customer query were accurate and direct. The responses of the service manager were even better and helpful.

Fortrade is a global broker and is regulated in the UK, Cyprus, Belarus, Australia, and Canada, offing trading services with forex, indices, stocks, commodities, and cryptocurrencies.

Forex Trading Platform List

Apart from the shortlisted brokers, here is a complete list of forex brokers and trading platforms for beginners, which we have tested and reviewed.

Forex Broker	Test Details	Broker Review
FxPro	Deposit Amount: Over €5,000 Total Trade: 15 trades	FxPro Review
Admiral Markets	Deposit Amount: Over €4,500 Total Trade: 12 trades	Admiral Markets Review
BlackBull Markets	Deposit Amount: Over €4,000 Total Trade: 12 trades	BlackBull Markets Review
GO Markets	Deposit Amount: Over €4,500 Total Trade: 12 trades	Go Markets Review
ActivTrades	Deposit Amount: Over €5,000 Total Trade: 12 trades	ActivTrades Review
XM	Deposit Amount: Over €5,000 Total Trade: 12 trades	XM Review
FXTM	Deposit Amount: Over €6,000 Total Trade: 12 trades	FXTM Review
ICM Capital	Deposit Amount: Over €5,000 Total Trade: 12 trades	ICM Capital Review
Tickmill	Deposit Amount: Over $8,000 Total Trade: 12 trades	Tickmill Review
Capital.com	Deposit Amount: Over €3,500 Total Trade: 15 trades	Capital.com Review
XTB	Deposit Amount: Over €5,000 Total Trade: 12 trades	XTB Review
RoboMarkets (RoboForex)	Deposit Amount: Over €5,000 Total Trade: 12 trades	RoboMarkets (RoboForex) Review
Pepperstone	Deposit Amount: Over €6,000 Total Trade: 12 trades	Pepperstone Review
FBS	Deposit Amount: Over €5,000 Total Trade: 12 trades	FBS Review
GKFX	Deposit Amount: Over €5,000 Total Trade: 15 trades	GKFX Review
Darwinex	Deposit Amount: Over €5,000 Total Trade: 12 trades	Darwinex Review
IC Markets	Deposit Amount: Over €5,000 Total Trade: 12 trades	IC Markets Review
ThinkMarkets	Deposit Amount: Over €5,000 Total Trade: 15 trades	ThinkMarkets Review
FP Markets	Deposit Amount: Over €6,000 Total Trade: 12 trades	FP Markets Review
Amana Capital	Deposit Amount: Over €5,000 Total Trade: 12 trades	Amana Capital Review
AvaTrade	Deposit Amount: Over €4,000 Total Trade: 21 trades	AvaTrade Review
CMC Markets	Deposit Amount: Over €5,000 Total Trade: 12 trades	CMC Markets Review
Vantage FX	Deposit Amount: Over €5,000 Total Trade: 15 trades	Vantage FX Review
INFINOX	Deposit Amount: Over €4,000 Total Trade: 9 trades	INFINOX Review
Axi (AxiTrader)	Deposit Amount: Over €6,000 Total Trade: 12 trades	Axi (AxiTrader) Review
Plus500	Deposit Amount: Over €6,000 Total Trade: 18 trades	Plus500 Review
eToro	Deposit Amount: Over $6,000 Total Trade: 18 trades	eToro Review
Trading 212	Deposit Amount: Over €5,500 Total Trade: 15 trades	Trading 212 Review
Fortrade	Deposit Amount: Over €5,000 Total Trade: 12 trades	Fortrade Review

FAQ and More on Forex Trading Brokers for Beginners

Traders usually have many questions related to generic trading-related queries. We tried to pick and answer some of the most important queries related to forex brokers and trading platforms for beginners.

Top Beginner Forex Brokers in the UK

Demand for retail forex trading has jumped in recent years, and this prompted many beginners to jump into the trading markets. Some of the top FCA-regulated forex brokers and Forex Trading Platforms UK suitable for beginner traders are:

IG Markets
CMC Markets
XM

Top Beginner Forex Brokers in the US

Forex brokers in the US must be registered with the Commodity Futures Trading Commission (CFTC) and be a member of the National Futures Association (NFA). Some of the US-regulated forex brokers for beginners traders are:

Forex.com
TD Ameritrade
IG (US)

MT4 Beginner Forex Brokers

As MT4 is the most popular platform to trade forex, many beginner traders being their trading journey with this trading platform. Though the platform is a bit outdated and made for professionals, brokers are customizing it to offer services to beginners. Some of the good forex brokers for beginners with MT4 for beginners are:

XM
CMC Markets
AvaTrade

Is Forex Trading Good for Beginners?

Trading forex is risky, especially when it comes to margin trading. But there is no restriction on the beginners on starting forex trading. We highly recommend beginners traders learn about the market and trading strategies and then implement those using demo accounts, before jumping into forex trading with a real account. Some of the forex brokers for beginners offering demo accounts are:

IC Markets
CMC Markets
ThinkMarkets

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