Showing 12 total brokers suitable for you.

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Platform

Regulator

Features

Account Type

Spreads from
EURUSD:
0.6 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About Pepperstone
Regulated by: Financial Conduct Authority, UK, BaFIN, SCB, DFSA and ASIC

Over 10 years in business
HQ in Australia
Additional Funding Methods: BPay, POLi, UnionPay, Skrill, Neteller

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
0.70 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About Avatrade
Regulated by: Central Bank of Ireland, ASIC, IIROC, FSA, FSB, UAE and BVI.

Established in 2006
HQ in Ireland.

Used by 200,000+ traders.

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
1.5 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About Equiti
Equiti is a pioneering fintech firm and world-class provider of online trading technology and multi-asset financial products. With over 300 global specialists and 24/6 customer service in 9 languages, Equiti provides clients with access to individual, professional and institutional brokerage services across various affiliates and subsidiaries.

Established in 2008

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
0 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About XM Group
Regulated by: CySEC, FCA, ASIC, DFSA

Established in 2009
HQ in Cyprus & Belize.

Used by 700,000+ traders.

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
0.4 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About Tio Markets
TIOmarkets is a forex, stocks, crypto and CFDs broker, providing services in online trading to retail clients in more than 215 countries worldwide. With account types from $0 commissions per lot and raw spreads, the company positions itself as a low-cost broker for any trader wishing to access the global financial markets on the MT4 or MT5 trading platforms.

Established in 2019

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
1.4 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About Trio markets

Established in 2008

Used By 10,000+ Trio Markets users

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
1 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About eToro
Regulated by: Financial Conduct Authority, CySEC, ASIC.

Established in 2006
HQ in Cyprus, UK.

Used by 6,000,000+ traders.

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
1.8 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About Easy Markets
Regulated by: CySEC and ASIC.

Established in 2003
HQ in Cyprus, Australia.

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
0.1 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About Admiral Markets
Regulated by: Financial Conduct Authority, CySEC.

Established in 2001
HQ in UK.

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
1.7 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About ForexTime
Regulated by: CySEC.

Established in 2011
HQ in Cyprus, UK.

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
1.6 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About FXPro
Regulated by: Financial Conduct Authority, CySEC, DFSA and SCB.

Established in 2006
HQ in UK.

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
0.7 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About Core Spreads
Regulated by: Financial Conduct Authority.

Established in 2014

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Best Forex Account Brokers

In this guide, we will discuss what the best forex account brokers and why they are so popular for traders.

Generally speaking, micro forex or micro for lots are more popular among new traders as they want to keep their risk under control. As a new forex trader, it is immensely important that you keep risk under control. Losing control of risk is a perfect way to blow out your account. So, when new traders are starting their accounts, they generally start it small lots.

What exactly are micro accounts?

Micro accounts are one of three categories of forex trading accounts, the others being mini and normal accounts. A trader can use a micro account to trade with a contract size of 1000 units of currency. This form of trading account is mainly used by new traders since it allows them to play the forex market without putting a large amount of money at risk.

What is the distinction between a micro and a mini account?

The contract size distinguishes a tiny account from a small account. A micro account has a contract size of 1000 units of currency, whereas a mini account has a contract size of 10,000 units of money. Furthermore, each account comes with its own set of bonuses and trading restrictions. With a bigger account type, for example, you may be given reduced spreads and more leverage.

Advantages and Disadvantages Of Micro Accounts

The primary benefit of a micro account is that it allows a novice trader to restrict his trading losses while gaining exposure to real-world market experiences. As a result, it is an excellent way for a rookie trader to get experience in the markets without putting big sums of money at risk.

The biggest downside of a micro account is that it restricts your earning potential because you will be trading with a tiny amount of money. Furthermore, spreads on a micro account are often larger than those on a conventional account.

Best Forex Micro trading platforms

The brokers who let you see the take profit and take loss functionality is really great platform because you can see exactly how much you are going to save or lose in your trade. CMC markets, IG, AvaTrade, Pepperstone, Equiti have all really decent platforms which allow you to see how much money you are risking and then you can adjust you stoploss or take profit or change the micro forex lot. You can see the full list of micro accounts here and for forex brokers here

CompareBroker’s Most Popular Micro Account Brokers

AvaTrade

AvaTrade is credited with introducing digital currency trading to the world. It was also one of the first brokers to provide CFD trading. The required minimum deposit is £100. Traders can fund their accounts through wire transfers, Neteller, Paypal, or credit cards.

The broker supports trading using the AvaTrade platform, which includes a number of features and customization possibilities. When trading forex, a trader does not have to pay for advanced trading tools; just the spreads must be paid. There is also the platform’s availability on mobile devices. The broker is situated in Ireland and works in accordance with EU rules.

Pepperstone

Pepperstone is a provider of forex trading services. Traders can access a wide range of products in a variety of markets, including currencies, indices, and commodities.

MetaTrader 4 (MT4), cTrader, WebTrader, and mobile apps for iPhone, Android, and tablets are among the online trading platforms offered by Pepperstone. Pepperstone has also recently announced that traders would be able to use the MetaTrader 5 (MT5) platform. MT5 improves on the MetaTrader 4 Platform’s success by providing faster processing times, the ability to hedge positions, advanced pending orders, and more tools and indicators.

Client funds are kept separate with custodian institutions such as National Australia Bank and Barclays (UK). The Australian Securities and Investment Commission (ASIC) and the Financial Conduct Authority (FCA) are both regulations which Pepperstone has.