Top European Forex Brokers

The best ESMA regulated forex brokers in Europe based on spreads and features are the following.

  • Pepperstone Pepperstone - Top overall forex broker in Europe
  • Markets.com Markets.com - Top broker for share dealing in Europe
  • FP Markets FP Markets - Top MetaTrader 4 forex broker in Europe
  • IC Markets IC Markets - Best ECN European Forex Broker Spreads
  • IG IG - Best European forex broker for beginners
  • XTB XTB - Top CFD broker for European forex traders
  • FXCM FXCM - Good no commission European forex broker
  • eToro eToro - Best social trading platform in Europe

Pepperstone
Markets.com
FP Markets
XTB
IC Markets
Our Rating
9.17
8.17
8
7.42
6.83
78.2% of retail CFD accounts lose money
77% of retail investor accounts lose money when trading CFDs with this provider.
FP Markets don't provide % of clients who lose money
80% of retail investor accounts lose money when trading CFDs with this provider.
77% of retail investor accounts lose money when trading CFDs with IC Markets (EU) Ltd

Regulations and Licenses

Feature
Pepperstone
Markets.com
FP Markets
XTB
IC Markets
FCA (UK)
CYSEC (Cypus)
BaFin (Germany)

Brokerage

Feature
Pepperstone
Markets.com
FP Markets
XTB
IC Markets
EUR/USD Avg. Raw Spread
0.79
0.01
0.1
GBP/USD Avg. Raw Spread
1.49
0.2
0.4
EUR/USD Standard Spread
0.69
0.6
1.2
0.7
1.1
Commissions (USD Base)
GBP £2.29 Side-Trip (MetaTrader)
USD $3.00
$3.50
SGD 4.50
Commission Rebates
Minimum Deposit
GBP £200
$250
$100
USD $200
Swap Free Account
No Inactivity Fees
Funding Methods
3
6
8
5
15
No Funding Fees

Markets and Instruments

Feature
Pepperstone
Markets.com
FP Markets
XTB
IC Markets
Currency Pairs
61+
120
61+
48+
65+
Cryptocurrency CFDs
12
7
5+
9+ (16 cross pairs)
10+
Index CFDs
14+
58
14+
42+
16+
Share CFDs
300+
3312
12,986+
1750+
100+
Commodities CFD
15+
36
4+
22+
19+
Stockbroking
N/A
Retail Max. Leverage
30:1
30:1
30:1 ASIC
30:1 Europe
500:1 International
30:1
30:1 (Cysec/ASIC)
500:1 (International)
Professional Leverage
500:1
300:1
500:1
200:1
500:1

Trading Platforms + Tools

Feature
Pepperstone
Markets.com
FP Markets
XTB
IC Markets
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
(MT4 only)
Social + Copy Trading

Allowed but not supported
Standard Stop Loss
Guaranteed Stop Loss
Guaranteed Neg Protection
(Aust/Europe only)
(Aust/Europe only)

Europe Only
(Aust/Europe only)
Demo Account
Unique Feature 1
Commission rebates for active traders
Unique Trading Tools
Fastest Limit Order Execution Speed
xStation 5 trading platform
ECN pricing
Unique Feature 2
Award Winning Customer Support
Share Dealing
Low spreads
Award winning CFD provider
No funding fees

Overall