Best Forex Brokers for Large Accounts 2023

For this list, we have reviewed and tested several forex brokers for large accounts.

We have opened live accounts and deposited between $4,000 and $8,000 in our accounts. Then we placed real trades to see how the spreads will work out. Also, we contacted each broker’s customer team to resolve issues with deposit and withdrawal processes.

We have picked the best forex brokers for large accounts based on our trading data and experience as traders.

What is a Large Trading Account?

When speaking about “big accounts”, there’s no exact definition of what is considered a large account since each trader individually defines the size of their investments; for some $10,000 might be too small while others find it highly risky to trade such an amount of money.

However, it is generally accepted that large accounts are those that offer a minimum deposit that is considerably larger than average. The average sector typically fluctuates between $0-$1,000 with the most common deposit of $100-$200; anything bigger than that is considered a large account.

• The benefits of large accounts are that they can trade more than 1 lot, access some instruments without using leverage, etc.
• The margins on each instrument will depend upon the minimum size for this particular type and might not be available in smaller accounts. For this purpose, small accounts use leverage or trading instruments as CFDs (like with futures or crypto); while larger accounts can trade futures with mini or full lots.
• Typically these accounts require $5,000, however, the amount is decided by the jurisdiction of each broker. For example, US brokers require large account balance maintenance. But overall, larger accounts mean better exposure to the markets and more available options for trading.

It is of utmost importance to you to seriously address the decision-making process since otherwise you may lose your hard-earned money to brokers that might come out to be scams.

Best Brokers for Large Accounts

For this list of brokers with large accounts, we searched and tested several forex brokers offering large accounts. We deposited money in our trading accounts and placed real spreads to evaluate the conditions, spreads charged, and deposit/withdrawal processes.

• Pepperstone – Best Overall Broker Online Trading for Large Accounts
• Interactive Brokers – Best Forex Trading Large Accounts Platform
• Vantage FX – Best Broker with MT4 for Big Accounts
• Dukaskopy – Best Broker with Lowest Spread for Large Accounts

Best Overall Broker Online Trading for Large Accounts

We chose Pepperstone as the best broker for a large account overall.

Founded in 2010, Pepperstone is a leading CFD provider licensed by FCA and ASIC. It offers over 1,000 market instruments to its clients as well as the lowest spreads in the market. Pepperstone offers traders excellent NDD accounts with great research and trading tools. Also, it offers outstanding educational materials for both beginner and experienced traders.

Best Forex Trading Large Accounts Platform

We picked Interactive Brokers as the best platform for a large account.

Interactive Brokers is a market leader in offering trading platforms for all types of financial markets with the largest range across its sector. IBKR platform offers options, futures, and contracts in 135 different markets as well as excellent charting tools for analyzing market volatility. The platform also offers a demo account to those who want to learn how the platform works and apply different trading strategies.

Best Broker with MT4 for Big Account

We picked Vantage as the best MT4 broker for large accounts.

Founded in 2009, Vantage FX has been upping its game in the industry by adding more features and improving upon current ones. They continue to trail behind leaders when it comes down to trade research, education programs, or even mobile apps for traders who want an edge on what’s going to happen at any given time while they’re out there trading. It offers a full suite MT4 trading platform with more than 300 tradable instruments.

Best Broker with Lowest Spread for Large Accounts

We chose Dukascopy as the best low spread broker for large accounts.

Dukascopy is Swiss-based forex and contracts for differences (CFD) broker which also offers banking services. It was founded in 2004 with headquarters located in Geneva, Switzerland it provides trading services across all major currency pairs as well as many other asset classes such as cryptocurrencies or stocks CFDs instruments. The spreads were tight during our tests and all were much lower than the industry average.

List of Brokers for Large Account

Apart from the short-listed brokers, here’s a list of forex brokers with large accounts.

Forex Brokers	Test Details	Broker Review
Pepperstone	Deposit Amount: Over €6,000 Total Trade: 12 trades	Pepperstone Review
XM	Deposit Amount: Over €5,000 Total Trade: 12 trades	XM Review
Vantage FX	Deposit Amount: Over €5,000 Total Trade: 15 trades	Vantage FX Review
FxPro	Deposit Amount: Over €5,000 Total Trade: 15 trades	FxPro Review
Dukascopy	Deposit Amount: Over €4,000 Total Trade: 15 trades	Dukascopy Review
FP Markets	Deposit Amount: Over €6,000 Total Trade: 12 trades	FP Markets Review
Plus 500	Deposit Amount: Over €6,000 Total Trade: 18 trades	Plus500 Review
XTB	Deposit Amount: Over €5,000 Total Trade: 12 trades	XTB Review
Trading 212	Deposit Amount: Over €5,000 Total Trade: 15 trades	Trading 212 Review
ThinkMarkets	Deposit Amount: Over €5,000 Total Trade: 15 trades	ThinkMarkets Review

FAQ and more on Large Account Trading

When it comes to forex brokers for large accounts, traders may have many questions. To be helpful, we picked and answered some of the most essential queries related to large accounts.

Day Trading Large Account

Day trading is a very popular practice for many traders. It’s the act of purchasing and selling securities within one day, usually done on large scales with sophisticated strategies in order to make money off fluctuations in prices or anticipation about future market movements

Here are some of the brokers that are considered the best choice of majority professional and day traders worldwide for futures trading:

• Interactive Brokers
• TradeStation

Large Account Options Trading

Options trading is the process of taking advantage of when an asset’s price moves either up or down by buying contracts that give you rights to buy specific security at any time until its expiration date. Options are linked with underlying assets, such as stocks and other securities

Here are some of the brokers offering options trading for large accounts:

• TradeStation
• Interactive Brokers
• Firstrade