Regulated Forex and CFD brokers
Trading involves risk. Therefore it is important to choose a good broker. There are many online brokers available for trading CFDs and forex. Major Markets Trading has selected a few brokers which are fully regulated and focus on active traders. Opening a trading account is cost-free.
For example, check whether a broker is supervised by a national regulator such as the FCA in the United Kingdom, the BaFin (Bundesanstalt für Finanzdiensleistungsaufsicht) in Germany, ASIC in Australia or CySEC in Cyprus.
In this article you’ll find the 5 most important points to pay attention to when choosing a suitable broker for trading and daytrading.
Broker: Pepperstone, Founding year: 2010 Headquarters: Melbourne Australia, Regulators: ASIC, BaFin, CMA, CySEC, DFSA, FCA and SCB
Pepperstone is one of the larger Forex and CFD brokers that offers its services through MetaTrader platforms such as MetaTrader 4 and MetaTrader 5. Pepperstone has a strong focus on customer service and user-friendly trading platforms. Pepperstone services its clients from multiple offices located around the world. When you visit the Pepperstone website you will automatically be directed to the country where you are currently staying.
- Index CFDs
- Shares CFDs
- Commodity CFDs
- Cryptocurrency CFDs
- Currency Indices
Pepperstone offers several user-friendly solutions to trade via desktop, laptop, tablet and smartphone:
- MetaTrader 4 (MT4)
- MetaTrader 5 (Includes share CFDs)
Since Pepperstone is regulated by different regulators around the world, you will have to visit your applicable Pepperstone website to find out how clients are protected against liquidation of the company or its bank. For clients that are regulated under the FCA (British Financial Conduct Authority) for instance, Pepperstone falls under the Financial Services Compensation Scheme (FSCS). Under the FSCS clients can be compensated up to 85.000 GPB per person.
Broker: AvaTrade Founding year: 2006 Headquarters: Dublin Regulator: See below
AvaTrade is a leading Forex and CFD broker committed to its core values of integrity, innovation, and empowering people to trade with confidence. AvaTrade was established in 2006 with the vision of making the trading world accessible to everyone, anytime and everywhere.
AvaTrade stands at the forefront of regulated brokers, subjected to strict regulation around the world. Its global spread has reached hundreds of thousands of clients in over 150 countries, and more than 400 employees in local offices worldwide.
AvaTrade’s clients enjoy an array of services, a variety of instruments and flexible trading terms and conditions, in an advanced and safe trading environment.
1. European Union
Ava Trade EU Ltd is a registered financial services company in Ireland and is fully licensed and regulated by the Central bank of Ireland (No. C53877). This licence authorisation applies for all European clients under MIFID rules across the EU.
• Polish Branch
AVA Trade EU Ltd operates a Polish Branch under the AvaTrade EU authorization, which has been approved by the Polish Financial Supervision Authority. (https://www.knf.gov.pl/en/ENTITIES#693023)
Ava Capital Markets Australia Pty Ltd is licensed in Australia by the Australian Securities & Investments Commission (License No.: 406684). The ASIC is Australia’s corporate, markets and financial services regulator and is responsible for ensuring its financial markets are fair and transparent. Australian license and regulation applies to Australian residents only (ASIC REGULATORY GUIDE 227)
3. International (B.V.I)
Ava Trade Ltd is a registered financial services company in the British Virgin Islands and is fully licensed and regulated by the British Virgin Islands Financial Services Commission (No. SIBA/L/13/1049). The B.V.I Financial Services Commission is the Territory’s single financial services Regulator responsible for authorising and licensing companies or persons to conduct financial services business.
Ava Trade Japan K.K. is licensed and regulated in Japan by the Financial Services Agency (License No.: 1662), the Financial Futures Association of Japan (License No.: 1574).
5. South Africa
As of 2016, AvaTrade is part of the South African market under the name ‘Ava Capital Markets Pty Ltd’. Regulated by South African Financial Sector Conduct Authority (FSCA No.45984).
6. Middle East
ADGM’s Financial Services Regulatory Authority was established to advocate a progressive financial services environment and uphold the integrity of the whole international financial centre by managing any potential risks exposure and undesirable impact.
FSRA’s policies and the adherence to ADGM’s rules and regulations, which are modelled on and consistent with internationally recognised standards, ensure that financial entities operate with certainty, market participants thrive in an equal level-playing environment, and the best interests of investors are safeguarded.
7. Regulated by ISA (Israel Securities Association)
8. A collaboration with the leading Canadian broker Friedberg Direct, a division of Friedberg Mercantile Group Ltd. to make possible and further enhance our offering to clients in Canada. In general terms, this collaboration allows Canadian residents to utilise AvaTrade’s platforms and technology while maintaining their account with a Canadian regulated broker.
2. Italy – Milan
3. Poland – Warsaw
4. Australia – Sydney
5. South Africa -Johannesburg
6. Japan – Tokyo
7. UAE – Abu Dhabi
8. British Virgin Islands – BVI
9. Israel – Tel Aviv
Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish
Account currencies: AUD, JPY, GBP, USD, EUR, CHF
Minimum deposit: $100 | €100 | £100
Maximum leverage: EU – Up to 30:1, Professional Client/ROW up to 400:1
Minimum trade size: 1,000 units on Forex pairs
– Retail spreads: as low as 0.90
– Pro Spreads + Canada: as low as 0.60
For BVI – as low as 0.90
Spread betting: UK & Ireland (only in GBP Currency)
Scalping – Millisecond trading
Hedging – Open Buy & Sell positions simultaneously
Free demo account – active for only 30 days
Vanilla options (AvaOptions): Forex pairs, Gold & Silver
VIP account: Yes
Demo account: Yes
Islamic account: Yes
Segregated account: No
Corporate account: Yes
Managed account: Yes
Institutional account: No
Trading desk type: Dealing desk + Market maker
Wire transfer (NatWest, Barclays, UniCredit)
POLi (Australian clients only)
Ideal –An Instant Bank Wire Transfer for Netherlands.
– Min deposit: 100 Euro
– Max 30K Euro
Klarna (Sofort) – An Instant Bank Wire Transfer for Germany, Austria, Belgium, Netherlands, Italy, France, Poland, Hungary, Slovakia, Czech.
– Min deposit: 100 Euro
– Max 30K Euro
*Deposit methods vary between countries (per regulation)
Fees and Commissions
Forex/CFD overnight interest
No margin interests
No commissions (unless stated otherwise)
Support languages: English, Arabic, French, German, Italian, Portuguese, Russian, Spanish.
Contact: Phone, Email, Chat
Outstanding multi-lingual customer service
Personal account manager (for trader who deposit above $1000)
MetaTrader 4, MetaTrader 5, AvaOptions, DupliTrade, ZuluTrade, WebTrader
Mobile trading: AvaTradeGO (only with MT4), MetaTrader 4, MetaTrader 5, AvaProtect
o Stop order
o Limit order
o Market order
o Trailing stop order
o One click trading
o 24/7 trading
o Charting package
o Trade off charts
o Mobile alerts
• MQL5 Signal Service
• API Trading
• Educational services: Yes
• Social Trading/Copy Trading: Yes
• Trading signals: Yes
• Email alerts: Yes
• Mobile alerts: Yes
• Guaranteed limit orders: Yes
• Guaranteed fills/liquidity: No
• OCO orders: No
• Trailing SP/TP: Yes
• Automated trading: Yes
• API trading: No
• VPS trading: Yes
• Trading from Charts: Yes
• Interest on margin: No
• Offer hedging: Yes
• Offer promotions: Yes
• One Click Trading: Yes
• Expert Advisors (EAs): Yes
• Supported Cryptocurrencies: Bitcoin, Ethereum, BTCJPY, BTCEUR, Litecoin, Bitcoin Cash, Bitcoin Gold, Ripple, Stellar, Dash – 10, Miota, NEO, Crypto10 Index, EOS – 14
• # of tradeable assets: 1250+
• # of currency pairs: 55
• # of Stocks: 1000+
• # of Indices: 19
• # of Commodities:17
• # of Futures: 38
• # of Options: 44
• # of Bonds: 2
• # of ETFs: 5
• # of Mutual Funds: 0
Research & Education
• Daily Market commentary: Yes
• News (Top-Tier sources): Yes – MT5 Only
• AutoChartist: Yes
• Trading Central (Recognia): Yes
• Delkos Research: No
• Acuity trading: No
• Webinars: Yes
• Video education: Yes
• Economic Calendar: Yes