Choosing the right broker can mean a difference in your trading experience. Besides providing good trading conditions, a good broker will also ensure safety of your funds. This is why most of us prefer to go with regulated brokers because the activities of regulated brokers are monitored by financial authorities preventing any fraudulent activity.
However, the decision is still hard to make because there are numerous regulated brokers in the market and identifying the right one for yourself out of so many options can be really confusing. This is the reason I thought of creating this thread. The idea is to help traders find a suitable broker.
Fxview
Regulations: CySEC
Instruments: Forex, Commodities, Cryptocurrencies, Stocks, Indices
Execution: ECN
Trading platform: Mt4, Mt5, ActTrader
Spreads: 0.1-0.2 pips
Commissions: $2rt per lot
Leverage: Upto 500X
Minimum deposit: $5
Payment methods: Bankwire, Visa, Mastercard, Skrill, Neteller, Bitcoin
Deposit bonus: 100% deposit bonus
Copytrading: Yes (Zulutrade)
Avatrade
Regulations: BVIFSC, FSC, FRSA, ASIC, FSA, ISA, FSCA, ADGM
Instruments: Forex, Stocks, Commodities, Cryptocurrencies, Bonds, ETFs, Indices
Execution: Market makers
Trading platform: Mt4, Mt5, AvaSocial
Spreads: 0.7 pips
Commissions: 0
Leverage: 400:1
Minimum deposit: $100
Payment methods: Visa, Mastercard, Skrill, Neteller
Deposit bonus: No
Copytrading: Yes
Tickmill
Regulations: FCA, CySEC, FSCA, FSA
Instruments: Forex, Stocks, Cryptocurrencies, Metals, Bonds
Execution: ECN
Trading platform: Mt4, Mt5
Spreads: Starting from 0.0 pips
Commissions: Vip account: 2 EUR, Pro account: 4 EUR
Leverage: upto 500:1
Minimum deposit: $100
Payment methods: Bankwire, Skrill, Visa, Mastercard
Deposit bonus: 10% deposit bonus
AAAFx
Regulations: HCMC, FSCA
Instruments:Forex, Cryptocurrencies, Stocks, indices, commodities
Execution: ECN
Trading platform: Mt4, MT5, Acttrader
Spreads: 0.3 pips
Commissions: $0.99 per $100k for ECN accounts, 0 for ECNplus accounts
Leverage: upto 500:1
Minimum deposit: $10
Payment methods: Visa, Mastercard, Skrill, Neteller, Bankwire, Cryptocurrencies
Deposit bonus: 100% deposit bonus
Copytrading: Yes (Zulutrade)
Pepperstone
Regulations: FCA, ASIC, DFSA
Instruments: Forex, Cryptocurrencies, Shares, Indices, Commodities, ETFs
Execution: ECN
Trading platform: Mt4, Mt5, cTrader
Spreads: 0.7 pips
Commissions: $7 rt
Leverage: Upto 200:1
Minimum deposit: 200AUD
Payment methods: Visa, Mastercard, Paypal, Neteller, Skrill, Union pay, Bank transfer, Bpay
Deposit bonus: No
Copytrading: Yes (DupliTrade)
Admiral Markets
Regulations: FCA
Instruments: Forex, commodities, Indices, Stocks, ETFs, Bonds
Execution: Market Maker
Trading platform: Mt4, Mt5
Spreads: 0.8pips
Commissions: 8AUD
Leverage: upto 1:500
Minimum deposit: $100
Payment methods: Visa, Master card, Bank wire transfer
Deposit bonus: 100% deposit bonus
Copy trading: Yes
XM
Regulations: FSC
Instruments: Forex, Cryptocurrencies, Stocks cfds, Commodities, Precious metals.
Execution: STP
Trading platform: Mt4, Mt5
Spreads: 0.6 pips
Commissions: 0
Leverage: 1:1 to 888:1
Minimum deposit: $5
Payment methods: Credit cards, Electronic wallets
Deposit bonus: 20% deposit bonus
Copytrading: No
easyMarkets
Regulations: CySEC, ESMA
Instruments: Forex, Shares, Cryptocurrencies, Metals, Commodities, Indices
Trading platform: Mt4, Mt5
Spreads: Fixed. On EUR/USD for standard account: 1.7pips and for VIP account: 0.7 pips
Commissions: 0
Leverage: 1:30
Minimum deposit: $100
Payment methods: Credit card, debit card, online banking, ewallets, bank wire transfers
Deposit bonus: upto 50% bonus
Copytrading: No
IG
Regulations: FCA
Instruments: Forex, Indices, Shares, Commodities, Cryptocurrencies, F&O trading
Execution: NDD broker but uses market makers for the pricing of some illiquid shares.
Trading platform: Mt4
Spreads: 0.9 pips
Commissions: Commissions are included in spreads
Leverage: Forex: 1:50, Crypto: 1:10
Minimum deposit: $300
Payment methods: Credit card, Debit card, bank transfer
Deposit bonus: No
Copy trading: No
This thread is created after thoroughly checking the website of each broker and carefully reading the reviews from reputable sites. If any of you have a different opinion, please feel free to share your experience and if you think I have missed on any good broker let me and other traders know in the comments so that we all can make this thread valuable for traders who are struggling to find a good broker.
However, the decision is still hard to make because there are numerous regulated brokers in the market and identifying the right one for yourself out of so many options can be really confusing. This is the reason I thought of creating this thread. The idea is to help traders find a suitable broker.
Fxview
Regulations: CySEC
Instruments: Forex, Commodities, Cryptocurrencies, Stocks, Indices
Execution: ECN
Trading platform: Mt4, Mt5, ActTrader
Spreads: 0.1-0.2 pips
Commissions: $2rt per lot
Leverage: Upto 500X
Minimum deposit: $5
Payment methods: Bankwire, Visa, Mastercard, Skrill, Neteller, Bitcoin
Deposit bonus: 100% deposit bonus
Copytrading: Yes (Zulutrade)
Avatrade
Regulations: BVIFSC, FSC, FRSA, ASIC, FSA, ISA, FSCA, ADGM
Instruments: Forex, Stocks, Commodities, Cryptocurrencies, Bonds, ETFs, Indices
Execution: Market makers
Trading platform: Mt4, Mt5, AvaSocial
Spreads: 0.7 pips
Commissions: 0
Leverage: 400:1
Minimum deposit: $100
Payment methods: Visa, Mastercard, Skrill, Neteller
Deposit bonus: No
Copytrading: Yes
Tickmill
Regulations: FCA, CySEC, FSCA, FSA
Instruments: Forex, Stocks, Cryptocurrencies, Metals, Bonds
Execution: ECN
Trading platform: Mt4, Mt5
Spreads: Starting from 0.0 pips
Commissions: Vip account: 2 EUR, Pro account: 4 EUR
Leverage: upto 500:1
Minimum deposit: $100
Payment methods: Bankwire, Skrill, Visa, Mastercard
Deposit bonus: 10% deposit bonus
AAAFx
Regulations: HCMC, FSCA
Instruments:Forex, Cryptocurrencies, Stocks, indices, commodities
Execution: ECN
Trading platform: Mt4, MT5, Acttrader
Spreads: 0.3 pips
Commissions: $0.99 per $100k for ECN accounts, 0 for ECNplus accounts
Leverage: upto 500:1
Minimum deposit: $10
Payment methods: Visa, Mastercard, Skrill, Neteller, Bankwire, Cryptocurrencies
Deposit bonus: 100% deposit bonus
Copytrading: Yes (Zulutrade)
Pepperstone
Regulations: FCA, ASIC, DFSA
Instruments: Forex, Cryptocurrencies, Shares, Indices, Commodities, ETFs
Execution: ECN
Trading platform: Mt4, Mt5, cTrader
Spreads: 0.7 pips
Commissions: $7 rt
Leverage: Upto 200:1
Minimum deposit: 200AUD
Payment methods: Visa, Mastercard, Paypal, Neteller, Skrill, Union pay, Bank transfer, Bpay
Deposit bonus: No
Copytrading: Yes (DupliTrade)
Admiral Markets
Regulations: FCA
Instruments: Forex, commodities, Indices, Stocks, ETFs, Bonds
Execution: Market Maker
Trading platform: Mt4, Mt5
Spreads: 0.8pips
Commissions: 8AUD
Leverage: upto 1:500
Minimum deposit: $100
Payment methods: Visa, Master card, Bank wire transfer
Deposit bonus: 100% deposit bonus
Copy trading: Yes
XM
Regulations: FSC
Instruments: Forex, Cryptocurrencies, Stocks cfds, Commodities, Precious metals.
Execution: STP
Trading platform: Mt4, Mt5
Spreads: 0.6 pips
Commissions: 0
Leverage: 1:1 to 888:1
Minimum deposit: $5
Payment methods: Credit cards, Electronic wallets
Deposit bonus: 20% deposit bonus
Copytrading: No
easyMarkets
Regulations: CySEC, ESMA
Instruments: Forex, Shares, Cryptocurrencies, Metals, Commodities, Indices
Trading platform: Mt4, Mt5
Spreads: Fixed. On EUR/USD for standard account: 1.7pips and for VIP account: 0.7 pips
Commissions: 0
Leverage: 1:30
Minimum deposit: $100
Payment methods: Credit card, debit card, online banking, ewallets, bank wire transfers
Deposit bonus: upto 50% bonus
Copytrading: No
IG
Regulations: FCA
Instruments: Forex, Indices, Shares, Commodities, Cryptocurrencies, F&O trading
Execution: NDD broker but uses market makers for the pricing of some illiquid shares.
Trading platform: Mt4
Spreads: 0.9 pips
Commissions: Commissions are included in spreads
Leverage: Forex: 1:50, Crypto: 1:10
Minimum deposit: $300
Payment methods: Credit card, Debit card, bank transfer
Deposit bonus: No
Copy trading: No
This thread is created after thoroughly checking the website of each broker and carefully reading the reviews from reputable sites. If any of you have a different opinion, please feel free to share your experience and if you think I have missed on any good broker let me and other traders know in the comments so that we all can make this thread valuable for traders who are struggling to find a good broker.