- Easy-to-use platform
- Free training to get you started
- Multi-asset access with a single app
- French regulation (AMF)
- Easy-to-use platform
- Free training to get you started
- Multi-asset access with a single app
- French regulation (AMF)
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including the SEC and FINRA in the United States, as well as the FCA (United Kingdom), ASIC (Australia), and CySEC in Europe. With over 30 million users worldwide, eToro is widely recognized for its security and transparency. According to our analysis, this broker is among the most reliable on the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don't need to be an expert to get started. Its intuitive interface and unique tool, CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community to exchange ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset but remain very affordable.
Depositing is free, and withdrawals are fixed at $5. If you remain inactive for 12 months or more, a fee of $10 per month applies.
Finally, the fees charged are clearly mentioned on their site (which cannot be said of all competitors).
Who is eToro for?
eToro is mainly for beginners and intermediate users, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find it suitable, with a key argument for them: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is it easy to withdraw money from eToro?
Yes, withdrawing your earnings from eToro is as simple as investing. With options like PayPal, bank transfer, or credit card, eToro processes your requests in 1 to 3 business days.
The platform guarantees fee transparency, and the procedure is explained step by step, ensuring you have permanent access to your funds. After analyzing thousands of customer cases, no such problems have been identified.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including the SEC and FINRA in the United States, as well as the FCA (United Kingdom), ASIC (Australia), and CySEC in Europe. With over 30 million users worldwide, eToro is widely recognized for its security and transparency. According to our analysis, this broker is among the most reliable on the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don't need to be an expert to get started. Its intuitive interface and unique tool, CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community to exchange ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset but remain very affordable.
Depositing is free, and withdrawals are fixed at $5. If you remain inactive for 12 months or more, a fee of $10 per month applies.
Finally, the fees charged are clearly mentioned on their site (which cannot be said of all competitors).
Who is eToro for?
eToro is mainly for beginners and intermediate users, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find it suitable, with a key argument for them: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is it easy to withdraw money from eToro?
Yes, withdrawing your earnings from eToro is as simple as investing. With options like PayPal, bank transfer, or credit card, eToro processes your requests in 1 to 3 business days.
The platform guarantees fee transparency, and the procedure is explained step by step, ensuring you have permanent access to your funds. After analyzing thousands of customer cases, no such problems have been identified.
- Free Demo Account
- Automated Trading Option
- Access to AutoChartist
- Multiple regulations
- Free Demo Account
- Automated Trading Option
- Access to AutoChartist
- Multiple regulations
Is Avatrade reliable?
AvaTrade is a trusted broker, regulated by major institutions including the AMF in France, as well as the Central Bank of Ireland, ASIC (Australia) and FSA (Japan). In business since 2006, it offers solid guarantees, including the segregation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose Avatrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts, and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities as you progress. You don’t need to be an expert: AvaTrade adapts to you.
What are the fees at Avatrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and inactivity costs that can be avoided with regular use. You can focus on learning and your investments, without surprises when it comes to paying.
Who is Avatrade for?
AvaTrade is for everyone: beginners can take advantage of detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you are looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.
Is it easy to withdraw money from Avatrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as credit cards, bank transfers or e-wallets. Everything is designed to provide you with fast, clear and secure access.
Is Avatrade reliable?
AvaTrade is a trusted broker, regulated by major institutions including the AMF in France, as well as the Central Bank of Ireland, ASIC (Australia) and FSA (Japan). In business since 2006, it offers solid guarantees, including the segregation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose Avatrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts, and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities as you progress. You don’t need to be an expert: AvaTrade adapts to you.
What are the fees at Avatrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and inactivity costs that can be avoided with regular use. You can focus on learning and your investments, without surprises when it comes to paying.
Who is Avatrade for?
AvaTrade is for everyone: beginners can take advantage of detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you are looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.
Is it easy to withdraw money from Avatrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as credit cards, bank transfers or e-wallets. Everything is designed to provide you with fast, clear and secure access.
- Low fees on indices
- Free demo account
- Automated trading option
- Regulated in the UK
- Low fees on indices
- Free demo account
- Automated trading option
- Regulated in the UK
Is EightCap reliable?
Yes, EightCap is a trusted platform, regulated by ASIC (Australia) and FCA (United Kingdom). Since 2009, it has ensured the security of funds with segregated accounts and a strictly regulated trading environment. If you are looking for a reliable broker to start with, EightCap is a safe bet, recognized in the industry.
Why choose EightCap?
EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools like MT4 and MT5, perfect for demanding traders. Are you a beginner? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and efficient.
What are the fees at EightCap?
At EightCap, fees depend on the account you choose: Raw accounts have spreads from 0 pip, with a commission of $3.5 per lot. Standard accounts have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.
Who is EightCap for?
Whether you're a beginner or an experienced trader, EightCap is designed to meet your needs. Are you just starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like MT5 and competitive spreads will allow you to go further in your strategies.
Is it easy to withdraw money from EightCap?
Withdrawing your winnings on EightCap is quick and easy. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or e-wallets. Security and speed are at the heart of the service.
Is EightCap reliable?
Yes, EightCap is a trusted platform, regulated by ASIC (Australia) and FCA (United Kingdom). Since 2009, it has ensured the security of funds with segregated accounts and a strictly regulated trading environment. If you are looking for a reliable broker to start with, EightCap is a safe bet, recognized in the industry.
Why choose EightCap?
EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools like MT4 and MT5, perfect for demanding traders. Are you a beginner? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and efficient.
What are the fees at EightCap?
At EightCap, fees depend on the account you choose: Raw accounts have spreads from 0 pip, with a commission of $3.5 per lot. Standard accounts have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.
Who is EightCap for?
Whether you're a beginner or an experienced trader, EightCap is designed to meet your needs. Are you just starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like MT5 and competitive spreads will allow you to go further in your strategies.
Is it easy to withdraw money from EightCap?
Withdrawing your winnings on EightCap is quick and easy. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or e-wallets. Security and speed are at the heart of the service.
- Free educational resources
- TradingView access included
- Integrated analysis tools in MT5
- Regulated in Australia
- Free educational resources
- TradingView access included
- Integrated analysis tools in MT5
- Regulated in Australia
Is Vantage reliable?
Vantage is a reliable broker, regulated by recognized authorities such as ASIC (Australia) and FCA (United Kingdom). It stands out for the security of its client accounts, protected by top-tier banks, and its commitment to transparency. With over 15 years of experience, Vantage is a trustworthy platform.
Why choose Vantage?
Vantage stands out for its balance between accessibility and professional tools. Beginners benefit from support with demo accounts and educational resources, while experienced traders appreciate competitive spreads, fast execution, and advanced platforms like MT4/MT5. With a varied range of assets and transparent fees, Vantage appeals to a wide audience looking for reliable and high-performance trading conditions.
What are the fees at Vantage?
The fees at Vantage are suitable for everyone. On ECN accounts, spreads start at 0 pip with a commission of $3 per lot. Standard accounts offer slightly higher spreads but without commission. No deposit or withdrawal fees are applied, and the cost of inactivity is limited. With Vantage, you keep control of your costs to invest effectively.
Who is Vantage for?
Vantage is perfect for traders looking for professional conditions, while remaining accessible to beginners. If you want a fast platform, competitive fees and advanced tools, Vantage is an excellent choice. Whether you are learning or perfecting your strategies, you will find the necessary resources.
Is it easy to withdraw money from Vantage?
Withdrawing funds from Vantage is quick and secure. Requests are processed in less than 48 hours and you can choose between bank transfer, cards or electronic wallets. The platform guarantees smooth transactions and reduced fees, allowing you to access your earnings easily.
Is Vantage reliable?
Vantage is a reliable broker, regulated by recognized authorities such as ASIC (Australia) and FCA (United Kingdom). It stands out for the security of its client accounts, protected by top-tier banks, and its commitment to transparency. With over 15 years of experience, Vantage is a trustworthy platform.
Why choose Vantage?
Vantage stands out for its balance between accessibility and professional tools. Beginners benefit from support with demo accounts and educational resources, while experienced traders appreciate competitive spreads, fast execution, and advanced platforms like MT4/MT5. With a varied range of assets and transparent fees, Vantage appeals to a wide audience looking for reliable and high-performance trading conditions.
What are the fees at Vantage?
The fees at Vantage are suitable for everyone. On ECN accounts, spreads start at 0 pip with a commission of $3 per lot. Standard accounts offer slightly higher spreads but without commission. No deposit or withdrawal fees are applied, and the cost of inactivity is limited. With Vantage, you keep control of your costs to invest effectively.
Who is Vantage for?
Vantage is perfect for traders looking for professional conditions, while remaining accessible to beginners. If you want a fast platform, competitive fees and advanced tools, Vantage is an excellent choice. Whether you are learning or perfecting your strategies, you will find the necessary resources.
Is it easy to withdraw money from Vantage?
Withdrawing funds from Vantage is quick and secure. Requests are processed in less than 48 hours and you can choose between bank transfer, cards or electronic wallets. The platform guarantees smooth transactions and reduced fees, allowing you to access your earnings easily.
- Very competitive rates
- Negative balance protection
- Selection of the best assets
- Regulated in the UK
- Very competitive rates
- Negative balance protection
- Selection of the best assets
- Regulated in the UK
Is ActivTrades trustworthy?
ActivTrades is a reputable broker, overseen by the FCA and CSSF, ensuring optimal protection for traders. The platform implements segregated accounts to ensure the security of funds and offers additional insurance. With over two decades of existence, it has built a solid reputation for transparency and reliability.
Why opt for ActivTrades?
ActivTrades stands out with an accessible and user-friendly platform, suitable for both novices and seasoned traders. The offering includes a vast selection of financial instruments and exclusive tools such as SmartOrder and SmartLines to refine trading strategies. Its responsive customer service and interactive training make it a top choice.
What fees are applied on ActivTrades?
ActivTrades offers attractive spreads and does not charge any commissions on several asset categories. Withdrawals are made with reduced fees, while an inactivity fee may apply after a long period of absence. Price transparency is a priority for the platform in order to avoid any unpleasant surprises.
Who can use ActivTrades?
Suitable for traders of all backgrounds, ActivTrades allows beginners to get started easily thanks to its fluid interface and educational resources. More experienced traders benefit from a wide choice of assets, such as stocks, currencies and indices, as well as advanced technical tools.
Is it simple to recover funds on ActivTrades?
Making a withdrawal on ActivTrades is a fast and reliable process. Different payment methods are offered, such as bank transfers and credit cards, with optimized processing times. The transparency of fees and the ease of access to funds make this platform a safe choice for traders.
Is ActivTrades trustworthy?
ActivTrades is a reputable broker, overseen by the FCA and CSSF, ensuring optimal protection for traders. The platform implements segregated accounts to ensure the security of funds and offers additional insurance. With over two decades of existence, it has built a solid reputation for transparency and reliability.
Why opt for ActivTrades?
ActivTrades stands out with an accessible and user-friendly platform, suitable for both novices and seasoned traders. The offering includes a vast selection of financial instruments and exclusive tools such as SmartOrder and SmartLines to refine trading strategies. Its responsive customer service and interactive training make it a top choice.
What fees are applied on ActivTrades?
ActivTrades offers attractive spreads and does not charge any commissions on several asset categories. Withdrawals are made with reduced fees, while an inactivity fee may apply after a long period of absence. Price transparency is a priority for the platform in order to avoid any unpleasant surprises.
Who can use ActivTrades?
Suitable for traders of all backgrounds, ActivTrades allows beginners to get started easily thanks to its fluid interface and educational resources. More experienced traders benefit from a wide choice of assets, such as stocks, currencies and indices, as well as advanced technical tools.
Is it simple to recover funds on ActivTrades?
Making a withdrawal on ActivTrades is a fast and reliable process. Different payment methods are offered, such as bank transfers and credit cards, with optimized processing times. The transparency of fees and the ease of access to funds make this platform a safe choice for traders.
- Fee Transparency
- Selections of Top Assets
- Compatible with MT4
- European Regulation
- Fee Transparency
- Selections of Top Assets
- Compatible with MT4
- European Regulation
Is Libertex reliable?
Libertex is a trading platform regulated by CySEC, ensuring a secure framework that complies with European standards. With over 20 years of experience, it enjoys a solid reputation among traders. The security of funds is ensured through rigorous protocols and complete transparency in transactions.
Why choose Libertex?
Libertex is attractive for its intuitive interface, ideal for both beginners and experienced traders. Its advanced technology provides access to a wide range of assets, from stocks to cryptocurrencies. In addition, its adjustable leverage and powerful analytical tools offer an optimal trading environment.
What are the fees at Libertex?
Fees on Libertex are competitive, with tight spreads and reduced commissions on certain transactions. Buying stocks and ETFs is often commission-free, while inactivity fees may apply after an extended period. The platform emphasizes transparency to avoid any surprises.
Who is Libertex for?
Accessible to traders of all levels, Libertex is particularly suitable for beginners thanks to its simplified interface and educational resources. More experienced investors will appreciate the diversity of financial instruments available, including currencies, indices and commodities, to refine their strategies.
Is it easy to withdraw money from Libertex?
Withdrawing funds from Libertex is a smooth and secure process. Users can use various methods such as bank transfer, credit card or PayPal. Timeframes vary depending on the option chosen but remain competitive. The platform guarantees complete transparency on fees and ensures quick access to funds without complications.
Is Libertex reliable?
Libertex is a trading platform regulated by CySEC, ensuring a secure framework that complies with European standards. With over 20 years of experience, it enjoys a solid reputation among traders. The security of funds is ensured through rigorous protocols and complete transparency in transactions.
Why choose Libertex?
Libertex is attractive for its intuitive interface, ideal for both beginners and experienced traders. Its advanced technology provides access to a wide range of assets, from stocks to cryptocurrencies. In addition, its adjustable leverage and powerful analytical tools offer an optimal trading environment.
What are the fees at Libertex?
Fees on Libertex are competitive, with tight spreads and reduced commissions on certain transactions. Buying stocks and ETFs is often commission-free, while inactivity fees may apply after an extended period. The platform emphasizes transparency to avoid any surprises.
Who is Libertex for?
Accessible to traders of all levels, Libertex is particularly suitable for beginners thanks to its simplified interface and educational resources. More experienced investors will appreciate the diversity of financial instruments available, including currencies, indices and commodities, to refine their strategies.
Is it easy to withdraw money from Libertex?
Withdrawing funds from Libertex is a smooth and secure process. Users can use various methods such as bank transfer, credit card or PayPal. Timeframes vary depending on the option chosen but remain competitive. The platform guarantees complete transparency on fees and ensures quick access to funds without complications.
- Affordable platform for beginners
- Automated trading option
- Regulated in the UK
- Affordable platform for beginners
- Automated trading option
- Regulated in the UK
Is Pepperstone reliable?
Yes, Pepperstone is a reliable trading platform regulated by reputable authorities such as the FCA (UK) and ASIC (Australia). It guarantees the security of funds through segregated accounts and advanced security protocols. Users appreciate the transparency and strict regulation that govern operations on this platform.
Why choose Pepperstone?
Pepperstone stands out for its accessibility and tools tailored to all profiles. With an intuitive platform and powerful tools like cTrader, beginners and experienced traders can exploit a wide range of assets, from currencies to indices. The focus is on competitive spreads and fast order execution.
What are the fees at Pepperstone?
Pepperstone offers attractive fees with spreads from 0 pips on Raw accounts, but with a small commission of $3.5 per lot. For Standard accounts, there are no commissions, but slightly wider spreads. No fees on deposits, and withdrawal fees are transparent and reasonable.
Who is Pepperstone for?
Pepperstone is perfect for traders of all levels. Beginners will benefit from guides and demo accounts to practice, while more advanced users will appreciate the speed of the platform and access to high-end trading tools. Its diversity of assets allows everyone to find their area of expertise.
Is it easy to withdraw money from Pepperstone?
Withdrawing funds from Pepperstone is a simple and fast process. You can make your withdrawals via bank transfer, credit card or e-wallets. Requests are generally processed within 1 to 2 business days, with transparent withdrawal fees and a clear procedure, appreciated by many users.
Is Pepperstone reliable?
Yes, Pepperstone is a reliable trading platform regulated by reputable authorities such as the FCA (UK) and ASIC (Australia). It guarantees the security of funds through segregated accounts and advanced security protocols. Users appreciate the transparency and strict regulation that govern operations on this platform.
Why choose Pepperstone?
Pepperstone stands out for its accessibility and tools tailored to all profiles. With an intuitive platform and powerful tools like cTrader, beginners and experienced traders can exploit a wide range of assets, from currencies to indices. The focus is on competitive spreads and fast order execution.
What are the fees at Pepperstone?
Pepperstone offers attractive fees with spreads from 0 pips on Raw accounts, but with a small commission of $3.5 per lot. For Standard accounts, there are no commissions, but slightly wider spreads. No fees on deposits, and withdrawal fees are transparent and reasonable.
Who is Pepperstone for?
Pepperstone is perfect for traders of all levels. Beginners will benefit from guides and demo accounts to practice, while more advanced users will appreciate the speed of the platform and access to high-end trading tools. Its diversity of assets allows everyone to find their area of expertise.
Is it easy to withdraw money from Pepperstone?
Withdrawing funds from Pepperstone is a simple and fast process. You can make your withdrawals via bank transfer, credit card or e-wallets. Requests are generally processed within 1 to 2 business days, with transparent withdrawal fees and a clear procedure, appreciated by many users.
- Unlimited Demo Account
- Liquidity remuneration at a favorable rate
- Ultra-comprehensive educational content
- French Regulation (AMF)
- Unlimited Demo Account
- Liquidity remuneration at a favorable rate
- Ultra-comprehensive educational content
- French Regulation (AMF)
Is XTB reliable?
XTB is a trusted broker, regulated in France by the AMF and overseen by reputable authorities such as the FCA and CySEC. It protects its clients' funds in segregated accounts, ensuring a secure trading environment. With millions of users, XTB stands out as a reliable and transparent platform.
Why choose XTB?
XTB is appealing because of its intuitive platform and powerful tools like xStation, which is ideal for all levels. With a wide range of assets including stocks, cryptos and Forex, investing becomes accessible. In addition, its rich educational content allows traders to evolve quickly and gain autonomy.
What are the fees at XTB?
XTB offers competitive fees, including 0% commission on the purchase of stocks and ETFs. Spreads are attractive and deposits are free. Withdrawals over €100 are free, and prolonged inactivity may incur fees after one year. Transparency is at the heart of its model.
Who is XTB for?
XTB is suitable for both beginners and experienced investors. Novices will appreciate its educational resources and easy handling, while experienced traders will benefit from advanced tools and a wide selection of assets to diversify their strategies.
Is it easy to withdraw money from XTB?
XTB facilitates withdrawals with various options such as bank transfer and e-wallets. Requests are generally processed within 24 hours, ensuring quick access to funds. No fees are applied beyond a certain amount, and the process is clear and secure.
Is XTB reliable?
XTB is a trusted broker, regulated in France by the AMF and overseen by reputable authorities such as the FCA and CySEC. It protects its clients' funds in segregated accounts, ensuring a secure trading environment. With millions of users, XTB stands out as a reliable and transparent platform.
Why choose XTB?
XTB is appealing because of its intuitive platform and powerful tools like xStation, which is ideal for all levels. With a wide range of assets including stocks, cryptos and Forex, investing becomes accessible. In addition, its rich educational content allows traders to evolve quickly and gain autonomy.
What are the fees at XTB?
XTB offers competitive fees, including 0% commission on the purchase of stocks and ETFs. Spreads are attractive and deposits are free. Withdrawals over €100 are free, and prolonged inactivity may incur fees after one year. Transparency is at the heart of its model.
Who is XTB for?
XTB is suitable for both beginners and experienced investors. Novices will appreciate its educational resources and easy handling, while experienced traders will benefit from advanced tools and a wide selection of assets to diversify their strategies.
Is it easy to withdraw money from XTB?
XTB facilitates withdrawals with various options such as bank transfer and e-wallets. Requests are generally processed within 24 hours, ensuring quick access to funds. No fees are applied beyond a certain amount, and the process is clear and secure.
- Advanced risk management tools
- Training options
- Competitive Forex spreads
- French Regulation (AMF)
- Advanced risk management tools
- Training options
- Competitive Forex spreads
- French Regulation (AMF)
Is IG reliable?
Yes, IG is a recognized trading platform regulated by leading authorities such as the FCA in the UK. It protects client funds through segregated accounts and ensures enhanced security. Many users attest to its seriousness and transparency in managing transactions.
Why choose IG?
IG is ideal for both beginners and more experienced traders. Its simple interface and practical tools, such as the ProRealTime function, make learning to trade easier. The platform offers a wide choice of assets, from stocks to cryptocurrencies, while emphasizing an active community to exchange and progress together.
What are the fees at IG?
IG stands out for its competitive fees, with no commission on the purchase of stocks and ETFs. Spreads are affordable, and there are no fees on deposits. However, inactivity fees may apply if your account is inactive for 2 years. The platform focuses on transparency to avoid surprises.
Who is IG for?
IG is suitable for all types of investors. If you are a novice, you will benefit from a clear interface and demo accounts to learn at your own pace. For experienced traders, IG offers powerful tools and a wide variety of assets, from stocks to options, to refine your trading strategies.
Is it easy to withdraw money from IG?
Withdrawing your money from IG is quick and easy. You can use several methods such as bank transfer, PayPal or credit card. Withdrawals are processed quickly and the fees are transparent. Thousands of customers attest to the fluidity of the process and direct access to their funds.
Is IG reliable?
Yes, IG is a recognized trading platform regulated by leading authorities such as the FCA in the UK. It protects client funds through segregated accounts and ensures enhanced security. Many users attest to its seriousness and transparency in managing transactions.
Why choose IG?
IG is ideal for both beginners and more experienced traders. Its simple interface and practical tools, such as the ProRealTime function, make learning to trade easier. The platform offers a wide choice of assets, from stocks to cryptocurrencies, while emphasizing an active community to exchange and progress together.
What are the fees at IG?
IG stands out for its competitive fees, with no commission on the purchase of stocks and ETFs. Spreads are affordable, and there are no fees on deposits. However, inactivity fees may apply if your account is inactive for 2 years. The platform focuses on transparency to avoid surprises.
Who is IG for?
IG is suitable for all types of investors. If you are a novice, you will benefit from a clear interface and demo accounts to learn at your own pace. For experienced traders, IG offers powerful tools and a wide variety of assets, from stocks to options, to refine your trading strategies.
Is it easy to withdraw money from IG?
Withdrawing your money from IG is quick and easy. You can use several methods such as bank transfer, PayPal or credit card. Withdrawals are processed quickly and the fees are transparent. Thousands of customers attest to the fluidity of the process and direct access to their funds.
- What is Forex or the foreign exchange market?
- What is a Forex Broker?
- How to choose a Forex broker?
- Which Forex broker for a beginner?
- How to Trade Forex with an Online Broker?
- What currency pairs to trade on Forex with an online broker?
- What are the fees charged by Forex brokers?
- What strategies for trading with a Forex broker?
- What is the taxation on Forex income in Ireland?
What is Forex or the foreign exchange market?
The Forex (Foreign Exchange) market, also known as the currency market, is the largest financial market in the world, where currencies are traded continuously. It operates 24 hours a day, 5 days a week, with a daily trading volume exceeding several trillion dollars. The market is based on the exchange of currency pairs, where one currency is bought and the other is simultaneously sold. Each pair is expressed in the format XXX/YYY, for example EUR/GBP (Euro vs. British Pound) or GBP/JPY (British Pound vs. Japanese Yen). The first currency in the pair is known as the base currency, and the second is the quote currency. So, if EUR/GBP is quoted at 0.85, it means that 1 euro is worth 0.85 British pounds.
The Forex market is driven by a range of participants. Central banks influence exchange rates through monetary policy decisions. Financial institutions and hedge funds conduct large-scale transactions, while multinational corporations exchange currencies to manage international business operations. Lastly, retail traders access the market through Forex brokers, allowing them to speculate on currency movements using leverage.
This market has several advantages that attract investors. It is continuously accessible, offering opportunities at any hour. Its high liquidity allows orders to be executed quickly, without concerns over finding a counterparty. The leverage provided by Forex brokers enables traders to open positions much larger than their initial capital, though this also increases risk. Additionally, unlike stock markets, Forex allows traders to speculate on both rising and falling markets by selling one currency against another.
What is a Forex Broker?
A Forex broker is a platform that allows investors to buy and sell currencies on the foreign exchange market. It acts as an intermediary between the trader and the interbank market, where large financial institutions exchange currencies on a large scale. Thanks to online brokers, Forex has become accessible to individuals, who can speculate on the evolution of exchange rates from an intuitive interface and with relatively little capital.
Forex brokers offer currency pairs such as EUR/USD, GBP/JPY or USD/CHF, and allow positions to be opened with or without leverage, depending on the desired level of risk. They provide advanced tools to analyse the market, such as real-time charts, technical indicators and automated trading functionalities. Some brokers also offer access to CFDs (Contracts for Difference), allowing speculation on currency fluctuations without actually owning the underlying asset.
Compare the best Forex brokers regulated in Ireland.
How to choose a Forex broker?
Choosing a Forex broker is an essential step for trading currencies under good conditions. Several criteria must be taken into account to select the platform that best suits your needs and your trading style. Here are the main elements to analyse before opening an account.
1. Regulation and Security of Funds
A trustworthy Forex broker must be regulated by a recognised financial authority that ensures the protection of client funds and fair trading practices. In Ireland, it is essential to check that the broker is registered with or operates under the oversight of:
- The Central Bank of Ireland (CBI) – the national authority responsible for financial regulation in Ireland.
- The European Securities and Markets Authority (ESMA) – which enforces EU-wide standards for investor protection and broker conduct.
Other well-respected international regulatory bodies include:
- The Financial Conduct Authority (FCA) – United Kingdom
- The Cyprus Securities and Exchange Commission (CySEC) – Cyprus
- The Commodity Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC) – United States
A regulated broker is required to keep client funds in segregated accounts, separate from the company’s own operational funds, reducing the risk of mismanagement or insolvency.
2. Broker Type: Market Maker or ECN/STP
There are two main categories of Forex brokers:
| Criteria | Market Maker Broker | ECN/STP Broker |
|---|---|---|
| Execution Mode | Creates an internal market, taking the other side of client orders. | Forwards orders directly to the interbank market. |
| Spreads | Fixed or slightly variable, generally higher. | Variable spreads, often tighter. |
| Commissions | None or very low, costs are integrated into the spread. | Commission per lot traded, but more competitive spreads. |
| Execution Speed | Fast, but with a risk of requotes during periods of high volatility. | Ultra-fast execution without requotes, suitable for scalping. |
| Price Transparency | The broker controls prices and can adjust quotes. | Access to real interbank market prices without broker intervention. |
| Slippage (price slippage) | Possible during periods of high volatility, as the broker executes orders internally. | Less frequent, as orders are sent directly to the market. |
| Leverage | Often high (up to 1:30 according to Irish regulation). | Limited according to regulation (1:30 in Ireland). |
| Target Trader Type | Beginners, swing traders and occasional traders. | Scalpers, active traders and professional investors. |
| Possible Conflict of Interest | Yes, because the broker can be the counterparty to client orders. | No, the broker does not trade against its clients. |
| Suitable Conditions | Ideal for traders who prefer low fees without commission and a simple interface. | Perfect for those looking for fast execution with tight spreads, even if it means paying a commission. |
What type of broker should I choose?
- Débutant : Market Maker (exécution rapide, pas de commission)
- Trader avancé : ECN/STP (exécution plus transparente, spreads serrés)
3. Spreads and Commissions
Forex brokers primarily earn revenue in two ways:
- Spreads: The difference between the bid (buy) and ask (sell) price of a currency pair. Spreads can be either fixed or variable.
- Commissions: Fees charged on each trade, typically per standard lot of 100,000 currency units.
4. Leverage Offered
Leverage allows traders to control larger positions with a smaller amount of capital, magnifying both potential gains and potential losses.
In Ireland, as in the rest of the European Union, leverage levels are strictly regulated by ESMA to protect retail traders. The maximum leverage permitted is:
- 1:30 for major currency pairs (such as EUR/USD or EUR/GBP)
- 1:20 for minor currency pairs, gold, and major indices
- 1:10 for other commodities and less liquid indices
- 1:5 for individual equities
- 1:2 for cryptocurrencies
While some offshore brokers may offer leverage as high as 1:500, these often operate outside of EU oversight and do not offer the same level of investor protection, making them considerably riskier for retail traders.
5. Available Trading Platforms
A good Forex broker should offer an intuitive and efficient trading platform. The most popular ones include:
- MetaTrader 4 (MT4) : ideal for automated trading and technical indicators.
- MetaTrader 5 (MT5) : improved version of MT4 with more assets.
- cTrader : appreciated for its speed of execution and transparency.
- Proprietary Platforms : some brokers develop their own online and mobile trading software.
6. Deposit and Withdrawal Methods
A reliable broker should offer several methods for depositing and withdrawing funds easily. Check the available options:
💳 Bank card (Visa/Mastercard)
🏦 Bank transfer
📱 Electronic wallets (PayPal, Skrill, Neteller)
💰 Cryptocurrencies (Bitcoin, USDT, etc.)
Hidden Fees
Some brokers charge withdrawal fees or impose long delays for processing requests.
7. The quality of customer service
A good broker should offer responsive and available customer service in the event of a technical or administrative problem. Before opening an account, test:
- Contact methods: online chat, telephone, email
- Responsiveness: quick response and in English if possible
- Availability: 24/7 support, especially during trading hours
8. Educational Tools and Resources
If you are new to Forex trading, choose a broker that offers:
📊 Webinars and online training
📈 Market analysis and trading signals
📘 Guide to learning how to use the platforms
Which Forex broker for a beginner?
Choosing a Forex broker when you are starting out can be complex, as you need to prioritise a simple, secure platform with transparent fees. A good broker for beginners should offer:
- An intuitive interface: A user-friendly platform with clear tools and mobile access.
- A free demo account: To practise risk-free with virtual funds.
- Competitive fees: Reasonable spreads and no hidden commissions.
- Responsive customer support: Available in English via chat, phone or email.
- Reliable regulation: A broker authorised by a recognised authority (Central Bank of Ireland, FCA, CySEC, etc.).
- Access to educational resources: Guides, webinars, market analysis, and tutorials.
- Appropriate leverage: Limited (1:30 in Ireland) to manage risk and avoid rapid losses.
- A wide range of currency pairs: To trade major Forex pairs such as EUR/USD, GBP/USD, USD/JPY, and more.
How to Trade Forex with an Online Broker?
Trading Forex with an online broker involves several key steps.
1. Choose a Reliable Forex Broker
The first step is to select a regulated broker that offers an intuitive platform, competitive fees, and appropriate leverage. Check the following criteria:
- Regulation by a recognised authority (Central Bank of Ireland, FCA, CySEC, etc.).
- Competitive spreads and no hidden fees.
- Access to a high-performance platform (MetaTrader 4, MetaTrader 5, cTrader...).
- Responsive and available customer service.
2. Open a Trading Account
Once the broker has been selected, you need to create an account. The procedure generally includes:
- Fill out a registration form with your personal information.
- Verify your identity by sending a form of identification and proof of address.
- Select the account type (standard account, ECN account, demo account, etc.).
- Accept the broker's terms of use.
3. Depositing Funds into Your Account 3. Depositing Funds into Your Account
To start trading, you need to fund your account via:
💳 Credit card (Visa/Mastercard)
🏦 Bank transfer
📱 Electronic wallets (PayPal, Skrill, Neteller)
💰 Cryptocurrencies (depending on the brokers)
4. Choosing a Currency Pair to Trade
Forex trading is based on trading currency pairs such as:
- Majors: EUR/USD, GBP/USD, USD/JPY (the most liquid and least volatile).
- Minors: EUR/GBP, AUD/NZD (less commonly traded but still potentially profitable).
- Exotics: USD/ZAR, EUR/TRY (more volatile and usually come with higher spreads).
5. Analyse the market and define a strategy
Before opening a position, you need to analyse the market using:
- Technical analysis: Using charts and indicators (RSI, MACD, moving averages) to identify opportunities.
- Fundamental analysis: Monitoring economic news (interest rates, inflation, employment data) to anticipate trends.
- Trading plan: Defining your objectives, acceptable risk, and money management strategy.
6. Placing a Trade Order
On your platform, you need to:
- Select the currency pair to trade.
- Define the position size (in lots).
- Choose the order type:✅ Market order: immediate execution at the current price.✅ Limit order: buy or sell at a defined price.✅ Stop order: execution when the price reaches a certain level.
- Add a stop-loss (to limit losses) and a take-profit (to secure gains).
- Validate the order.
7. Manage your positions and adjust your trading
Once the order is executed, it is important to follow your trade in real time:
- Adjust the stop-loss or take-profit based on market movements.
- Monitor economic news that may impact the currency pair.
- Manually close a position if needed to secure profits or limit losses.
8. Withdrawing Your Profits and Optimising Your Strategy
Once you have accumulated profits, you can request a withdrawal to your bank account or e-wallet. Remember to:
- Check the withdrawal times and fees imposed by the broker.
- Analyse your trading performance and adjust your strategy.
- Continue to learn and improve through the broker's educational tools (webinars, market analysis, demo accounts, etc.).
What currency pairs to trade on Forex with an online broker?
Forex is based on the trading of currency pairs, classified into three main categories: majors, minors and exotics. Each type of pair has specific characteristics in terms of liquidity, volatility and spreads. Here is a summary table of the main currency pairs to trade with an online broker.
| Category | Currency Pair | Description | Average Spread |
|---|---|---|---|
| Majors | EUR/USD | Euro vs US Dollar, the most liquid and traded pair in the world. | 🔹 0.5 to 1.5 pips |
| Majors | GBP/USD | Pound Sterling vs US Dollar, volatile but very popular. | 🔹 1 to 2 pips |
| Majors | USD/JPY | US Dollar vs Japanese Yen, known for its movements influenced by Japan's monetary policy. | 🔹 0.8 to 1.5 pips |
| Majors | USD/CHF | US Dollar vs Swiss Franc, considered a safe haven in times of uncertainty. | 🔹 1 to 2 pips |
| Majors | AUD/USD | Australian Dollar vs US Dollar, influenced by commodities. | 🔹 1 to 2.5 pips |
| Majors | USD/CAD | US Dollar vs Canadian Dollar, linked to oil fluctuations. | 🔹 1.5 to 2.5 pips |
| Minors | EUR/GBP | Euro vs Pound Sterling, less liquid than majors but often traded in Ireland. | 🔹 1.5 to 3 pips |
| Minors | EUR/AUD | Euro vs Australian Dollar, influenced by Asian and Irish markets. | 🔹 2 to 4 pips |
| Minors | GBP/JPY | Pound Sterling vs Japanese Yen, very volatile with large movements. | 🔹 2.5 to 5 pips |
| Minors | NZD/USD | New Zealand Dollar vs US Dollar, correlated to commodities. | 🔹 1.5 to 3 pips |
| Minors | EUR/CHF | Euro vs Swiss Franc, generally stable but affected by the policy of the Swiss National Bank. | 🔹 2 to 4 pips |
| Exotics | USD/ZAR | US Dollar vs South African Rand, very volatile and influenced by precious metals. | 🔹 15 to 50 pips |
| Exotics | EUR/TRY | Euro vs Turkish Lira, impacted by inflation and Turkish monetary policy. | 🔹 10 to 40 pips |
| Exotics | USD/MXN | US Dollar vs Mexican Peso, influenced by the US economy and international trade. | 🔹 10 to 30 pips |
| Exotics | GBP/SGD | Pound Sterling vs Singapore Dollar, low liquidity and high volatility. | 🔹 8 to 25 pips |
Which currency pair to choose?
- Beginner? → Focus on major pairs (EUR/USD, USD/JPY, GBP/USD) for their tight spreads and liquidity.
- Experienced trader? → Opt for minor pairs (EUR/GBP, GBP/JPY) for more volatility and opportunities.
- High risk appetite? → Exotic pairs (USD/ZAR, EUR/TRY) offer high potential gains, but with wider spreads and significant volatility.
What are the fees charged by Forex brokers?
Forex brokers apply different types of trading fees that can impact investor profitability. These fees vary depending on the type of broker (Market Maker or ECN/STP), the currency pair traded, and market conditions. Here are the main fees to be aware of before choosing a Forex broker.
1. Spreads (price differences between buying and selling)
The spread is the difference between the buying (Ask) and selling (Bid) price of a currency pair. This is the main fee applied by Market Maker brokers. It can be fixed or variable, depending on market volatility.
Example of average spreads
- EUR/USD → 0.5 to 1.5 pips
- GBP/USD → 1 to 2 pips
- USD/JPY → 0.8 to 1.5 pips
Tip: an ECN/STP broker generally offers tighter spreads but applies a commission per trade.
2. Transaction fees
Some brokers charge a fixed commission per lot traded, in addition to the spread. This model is common among ECN brokers, where orders are executed directly on the interbank market.
Example of ECN commission:
5 $ to 7 $ per standard lot (100,000 currency units) for a round trip (buy + sell).
3. Swap fees (overnight or rollover)
Swap fees are applied when you keep a position open after the market closes (usually at 11 PM GMT). This cost depends on the interest rate differential between the two currencies of the traded pair.
Swap example
On EUR/USD, if the euro has a lower interest rate than the dollar, a trader buying EUR/USD will have to pay a fee to keep the position open. Conversely, if they sell EUR/USD, they may receive a credit (positive if the sold currency has a higher interest rate).
4. Currency Conversion Fees
If you are trading a currency pair that is not denominated in your base currency (e.g., an account in EUR trading USD/JPY), the broker will apply an exchange fee.
Example of Conversion Fees
A broker may charge 0.25% of the amount converted for a USD transaction with an EUR account.
5. Inactivity Fees
Some brokers charge inactivity fees if you don’t place any trades over a certain period (usually 3 to 12 months).
Example
Fees can range from €10 to €50 per month after 6 to 12 months of inactivity.
6. Deposit and Withdrawal Fees
Brokers may charge fees for depositing or withdrawing funds from your trading account. These fees vary depending on the payment method used.
Example of withdrawal fees
- Bank transfer: fixed fees between 5 and 50 depending on the country and the bank.
- Debit/Credit card: some brokers charge 1 to 3% of the amount withdrawn.
- E-wallets (PayPal, Skrill, Neteller): fees between 0% and 3%.
What strategies for trading with a Forex broker?
Forex trading offers various strategies tailored to the profiles and objectives of traders. Some methods favour quick gains on small movements, while others focus on long-term trends. Here is a summary table of the main Forex trading strategies and their characteristics.
| Strategy | Description | Example | Trader Profile |
|---|---|---|---|
| Scalping | The trader opens and closes positions in seconds or minutes to capture small price variations. Requires fast execution and a reduced spread. | Buying EUR/USD on an upward breakout with a gain of 5 to 10 pips in a few minutes. | Experienced Trader Loves intensive and fast trading |
| Day Trading | Positions are opened and closed on the same day, avoiding overnight fees. Objective: to take advantage of intra-day fluctuations. | Buying GBP/USD at the opening of the London market and closing before the end of the US session. | Active Trader Does not want to keep positions open at night |
| Swing Trading | The trader keeps positions for several days to several weeks to capture longer trends. Less stress than scalping or day trading. | Buying USD/JPY after a rebound on a key support and holding for 1 to 2 weeks. | Patient Trader Looks for medium-term opportunities |
| Trend Trading | Follow an upward or downward trend over a prolonged period, relying on technical indicators (moving averages, RSI). | Selling EUR/CHF after a confirmed support break on the daily chart. | Methodical Trader Suitable for long term profiles |
| Breakout Trading | Enter a position after breaking a key level (support/resistance) to capture a quick move. | Buying AUD/USD after an upward breakout of a consolidation channel. | Dynamic Trader Loves quick moves and trend confirmations |
| Carry Trading | Profit from interest rate differentials between two currencies by remaining positioned in the long term. | Buying USD/TRY to take advantage of the interest rate differential between the two currencies. | Long Term Investor Prefers less active trading |
| Hedging | Risk reduction by opening opposing positions on correlated pairs or with hedging options. | Buying EUR/USD and selling GBP/USD to reduce exposure to the US dollar. | Prudent Trader Ideal for protecting a portfolio in times of uncertainty |
| Grid Trading | Place multiple buy and sell orders at regular intervals, regardless of the direction of the market. Risky but effective strategy in a volatile market. | Place long and short orders on USD/JPY every 20 pips in a consolidation zone. | Advanced Trader Loves semi-automated strategies |
| Algorithmic Trading | Use of trading robots (Expert Advisors) to execute orders automatically according to a defined algorithm. | Using a scalping bot on EUR/USD that places orders based on moving averages. | Tech-savvy Trader Prefers trading automation |
Loves intensive and fast trading
Does not want to keep positions open at night
Looks for medium-term opportunities
Suitable for long term profiles
Loves quick moves and trend confirmations
Prefers less active trading
Ideal for protecting a portfolio in times of uncertainty
Loves semi-automated strategies
Prefers trading automation
What is the taxation on Forex income in Ireland?
In Ireland, profits from Forex trading are typically subject to Capital Gains Tax (CGT). However, if trading is conducted in a manner that constitutes a trade, Income Tax (IT) may apply instead.
1. Taxation for Individual Traders
Capital Gains Tax (CGT)
For most individual traders, gains from Forex trading are considered capital gains and are taxed at a standard rate of 33%. Each individual is entitled to an annual exemption of €1,270, meaning only gains above this threshold are taxable. Allowable expenses, such as transaction fees, can be deducted when calculating the taxable gain.
Income Tax (IT)
If an individual's Forex trading activities are frequent, systematic, and carried out with the intention of making a profit, they may be considered to be trading. In such cases, profits are subject to Income Tax at the individual's marginal rate, which can be up to 40%, plus Pay Related Social Insurance (PRSI) and Universal Social Charge (USC).
2. Taxation for Professional Traders and Companies
Companies engaged in Forex trading are subject to Corporation Tax. Trading profits are taxed at the standard Corporation Tax rate of 12.5%. However, if the Forex trading is not considered part of the company's trade, gains may be subject to CGT at 33%.
3. Reporting and Payment
- Capital Gains Tax: For gains realized between January 1st and November 30th, payment is due by December 15th of the same year. For gains realized in December, payment is due by January 31st of the following year.
- Income Tax: Individuals must file an annual tax return by October 31st of the following year, reporting all income, including profits from Forex trading.
- Corporation Tax: Companies must file a Corporation Tax return (Form CT1) annually, typically within nine months of the end of the accounting period.
4. Declaration of Foreign Accounts
Irish residents are required to declare any foreign bank accounts, including those used for Forex trading, to the Revenue Commissioners. Failure to do so may result in penalties.
5. Record-Keeping
Traders must maintain accurate records of all Forex transactions, including dates, amounts, and exchange rates, to support their tax filings.
It's advisable to consult with a tax professional to ensure compliance with Irish tax laws and to determine the correct tax treatment of Forex trading activities.
