98 firms
Every forex and CFD broker in our register, from Cyprus-licensed specialists to London-listed groups, with EU licences, compensation cover and offshore entities clearly flagged.
Forex and CFD brokers let you trade currency pairs, indices, commodities and shares with leverage. In the EU they are regulated as investment firms under MiFID II, and since 2018 retail clients have benefited from ESMA's leverage caps, margin close-out and negative balance protection.
Most EU retail CFD business is licensed in Cyprus by CySEC and passported across the EEA. Other important hubs are Germany (BaFin – IG Europe, CMC Markets Germany, Pepperstone), Ireland (AvaTrade), Estonia (Admirals, Plus500EE), Poland (XTB), Luxembourg and Malta. UK firms need a separate EU entity since Brexit.
The list is sorted by Protection Score, which reflects licences, compensation, listing and track record – not trading costs. Compare costs with the trading cost calculator and use the broker finder to narrow the field for your country and platform.
Sorted by Protection Score. Partner links are labelled. How we make money.
United Kingdom
Forex / CFD
Since 1974
EU/EEA licence
Pioneer of financial spread betting, listed on the London Stock Exchange; EU clients are served by IG Europe GmbH in Frankfurt and Swiss clients by IG Bank in Geneva.
United Kingdom
Forex / CFD
Since 1989
EU/EEA licence
London-listed CFD and spread-betting provider whose EU business runs through CMC Markets Germany GmbH, supervised by BaFin.
Israel
Forex / CFD
Since 2007
EU/EEA licence
Social-trading platform best known for CopyTrader; its European business is run by eToro (Europe) Ltd in Cyprus and it listed on Nasdaq in 2025.
Israel
Forex / CFD
Since 2008
EU/EEA licence
Single-platform CFD provider listed in London; runs European entities in Cyprus (CySEC) and Estonia (Finantsinspektsioon) plus a UK entity.
Poland
Forex / CFD
Since 2002
EU/EEA licence
Warsaw-listed broker with the xStation platform; offers commission-free stocks and ETFs up to a monthly volume alongside CFDs, with branches across the EU.
Switzerland
Forex / CFD
Since 2004
EU/EEA licence
Geneva-based Swiss bank known for its ECN marketplace and JForex; EU clients are served by Dukascopy Europe in Riga.
Estonia
Forex / CFD
Since 2001
EU/EEA licence
Formerly Admiral Markets; Tallinn-based group whose EU business is supervised by Estonia's Finantsinspektsioon.
Ireland
Forex / CFD
Since 2006
EU/EEA licence
Dublin-headquartered broker regulated by the Central Bank of Ireland, offering MetaTrader, its AvaTradeGO app and FX options via AvaOptions.
Australia
Forex / CFD
Since 2007
UK licence
Formerly AxiTrader; MT4-focused broker that also runs a funded-trader programme.
United States
Forex / CFD
Since 2001
EU/EEA licence
StoneX-owned forex specialist; EU clients are handled by StoneX Europe Ltd in Cyprus.
United Kingdom
Forex / CFD
Since 2013
EU/EEA licence
UK broker running a Cypriot entity (Fortrade Cyprus) for EU clients.
United States
Forex / CFD
Since 1996
EU/EEA licence
Well-known US forex dealer; serves EU clients through OANDA Europe Markets in Malta and OANDA TMS Brokers in Poland.
Australia
Forex / CFD
Since 2010
EU/EEA licence
Australian ECN-style broker with raw-spread accounts on MT4, MT5, cTrader and TradingView; EU clients are served by Pepperstone EU in Cyprus.
Australia
Forex / CFD
Since 2010
EU/EEA licence
Multi-regulated CFD broker with its own ThinkTrader platform alongside MetaTrader.
United Kingdom
Forex / CFD
Since 2014
EU/EEA licence
Multi-regulated MT4 broker with a CySEC entity for EU clients.
Cyprus
Forex / CFD
Since 2016
EU/EEA licence
Fast-growing CFD app with a large learning library; EU clients are served by Capital Com SV Investments Ltd in Cyprus.
Australia
Forex / CFD
Since 2009
EU/EEA licence
Melbourne broker with close TradingView integration and a CySEC-licensed EU entity.
United Kingdom
Forex / CFD
Since 1999
EU/EEA licence
Pioneer of the Trading Station platform, owned by Jefferies Financial Group; EU clients are served from Cyprus.
United Kingdom
Forex / CFD
Since 2005
EU/EEA licence
ECN broker with UK, Australian and Cypriot entities and its own TickTrader terminal.
Cyprus
Forex / CFD
Since 2010
EU/EEA licence
Formerly HotForex; HF Markets (Europe) Ltd is the Cyprus-licensed EU entity.
United Kingdom
Forex / CFD
Since 1977
EU/EEA licence
Brand of the Henyep group, which traces its roots to a 1977 Hong Kong gold dealer; HYCM (Europe) Ltd is the Cyprus entity.
Cyprus
Forex / CFD
Since 2008
EU/EEA licence
CFD brand of the Finalto group (formerly Playtech Financials); Safecap Investments Ltd is the Cyprus entity.
Germany
Forex / CFD
Since 2015
EU/EEA licence
German-listed social trading group; NAGA Markets Europe Ltd in Cyprus is the EU entity.
United Kingdom
Forex / CFD
Since 2014
EU/EEA licence
Low-commission broker aimed at active traders; runs Tickmill Europe in Cyprus and Tickmill UK.
Cyprus
Forex / CFD
Since 2009
EU/EEA licence
Trading Point of Financial Instruments Ltd in Limassol serves EU clients; the XM Global brand is a separate Belize entity.
United Kingdom
Forex / CFD
Since 2001
EU/EEA licence
London-founded broker with an EU entity, ActivTrades Europe SA, licensed in Luxembourg.
United Kingdom
Forex / CFD
Since 1983
UK licence
One of the oldest UK spread-betting firms, now part of StoneX alongside FOREX.com.
Cyprus
Forex / CFD
Since 2001
EU/EEA licence
Known for fixed spreads and "dealCancellation"; Easy Forex Trading Ltd in Cyprus is the EU entity.
Cyprus
Forex / CFD
Since 2008
EU/EEA licence
Very high-volume broker whose best-known high-leverage offer is only available through its non-EU entities; EU residents fall under the Cyprus entity and ESMA limits.
Australia
Forex / CFD
Since 2005
EU/EEA licence
Australian broker with raw-spread accounts; EU clients are served by First Prudential Markets Ltd in Cyprus.
United Kingdom
Forex / CFD
Since 2006
EU/EEA licence
Long-standing CFD broker offering four platforms, with European clients typically onboarded by FxPro Financial Services in Cyprus.
Australia
Forex / CFD
Since 2006
EU/EEA licence
Melbourne-based broker with a CySEC-licensed EU entity.
United Kingdom
Forex / CFD
Since 1990
UK licence
Hong Kong-rooted group whose UK entity is FCA-authorised.
Australia
Forex / CFD
Since 2007
EU/EEA licence
Sydney-founded raw-spread broker popular with algorithmic traders; the EU entity IC Markets (EU) Ltd is licensed in Cyprus.
Australia
Forex / CFD
Since 2005
EU/EEA licence
Large multi-jurisdiction group; confirm the onboarding entity if you are an EU resident.
United Kingdom
Forex / CFD
Since 2014
UK licence
Fixed-spread CFD and spread-betting broker formerly known as Core Spreads.
Australia
Forex / CFD
Since 2009
UK licence
Formerly Vantage FX; it holds a UK FCA authorisation but we have no EU entity on record, so EU retail clients should check which entity would onboard them.
Greece
Forex / CFD
Since 2007
EU/EEA licence
One of few retail FX brokers licensed in Greece by the Hellenic Capital Market Commission.
Cyprus
Forex / CFD
Since 2014
EU/EEA licence
Brand of VPR Safe Financial Group Ltd in Cyprus.
Cyprus
Forex / CFD
Since 2016
EU/EEA licence
Key Way Investments Ltd serves EU clients; popular in Spain, Italy and Romania.
United Kingdom
Forex / CFD
Since 2012
UK licence
Hybrid broker and investment platform where strategies (DARWINs) are rated and allocated capital; FCA-authorised.
Malta
Forex / CFD
Since 1999
EU/EEA licence
Formerly Binary.com; Deriv Investments (Europe) Ltd in Malta is the EU entity, while synthetic indices and multipliers are offered through non-EU entities.
United Kingdom
Forex / CFD
Since 2008
UK licence
Multi-regulated group with a London entity; no EU entity on our record.
Cyprus
Forex / CFD
Since 1998
EU/EEA licence
Long-running broker with a Cyprus-licensed EU entity.
Cyprus
Forex / CFD
Since 2010
EU/EEA licence
Central Clearing Ltd in Cyprus operates the EU brand.
Cyprus
Forex / CFD
Since 2011
EU/EEA licence
ForexTime brand of the Exinity group; check which entity would onboard you, as its global business runs outside the EU.
Cyprus
Forex / CFD
Since 2013
EU/EEA licence
Limassol broker aimed at professional and algorithmic traders.
Cyprus
Forex / CFD
Since 1996
EU/EEA licence
Formula Investment House Ltd in Cyprus runs the EU arm of this long-standing brand.
United Kingdom
Forex / CFD
Since 2009
UK licence
London-headquartered broker with an FCA entity; no EU entity on our record.
Cyprus
Forex / CFD
Since 2007
EU/EEA licence
Instant Trading EU Ltd (CySEC) serves EU clients, also under the ForexMart brand.
Cyprus
Forex / CFD
Since 2010
EU/EEA licence
Cyprus-licensed broker; read its client agreement to confirm which entity would hold your account.
Cyprus
Forex / CFD
Since 1997
EU/EEA licence
Brand of Indication Investments Ltd in Cyprus; part of the long-running Libertex group.
United Kingdom
Forex / CFD
Since 2010
UK licence
Operator of institutional FX exchanges whose broker arm gives retail and professional traders order-book execution; FCA-authorised in the UK.
Cyprus
Forex / CFD
Since 2011
EU/EEA licence
Formerly OctaFX; Octa Markets Cyprus Ltd is the EU entity, while its global offer runs offshore.
Cyprus
Forex / CFD
Since 2011
EU/EEA licence
Cyprus-licensed broker with a Mauritius sister entity.
Cyprus
Forex / CFD
Since 2016
EU/EEA licence
Brand of L.F. Investment Ltd, popular with Czech and Slovak traders.
Cyprus
Forex / CFD
Since 2012
EU/EEA licence
EU arm of the RoboForex group, licensed by CySEC and offering its R StocksTrader platform.
Sweden
Forex / CFD
Since 2010
EU/EEA licence
One of the few FX brokers licensed directly by Sweden's Finansinspektionen, focusing on institutional-grade liquidity.
Cyprus
Forex / CFD
Since 2015
EU/EEA licence
Cyprus-licensed broker with a Seychelles sister entity.
Cyprus
Forex / CFD
Since 2016
EU/EEA licence
Scandinavian-founded CFD broker licensed in Cyprus.
United Kingdom
Forex / CFD
Since 1999
UK licence
Family-run UK firm offering financial and sports spread betting from Milton Keynes.
Cyprus
Forex / CFD
Since 2011
EU/EEA licence
Trade Capital Markets (TCM) Ltd operates the brand in the EU.
Cyprus
Forex / CFD
Since 2009
EU/EEA licence
TTCM Traders Trust Capital Markets serves EU clients from Cyprus.
Luxembourg
Forex / CFD
Since 1998
EU/EEA licence
Luxembourg-licensed broker with offices in France, Germany, Belgium and the Netherlands; known for its NanoTrader platform and futures via NinjaTrader.
Cyprus
Forex / CFD
Since 1988
EU/EEA licence
One of the oldest Cyprus-based brokers, founded in 1988.
Bulgaria
Forex / CFD
EU/EEA licence
Sofia-based investment intermediary offering MetaTrader and share trading.
Bulgaria
Forex / CFD
EU/EEA licence
Bulgarian broker with its own Delta Trading platform.
Bulgaria
Forex / CFD
EU/EEA licence
Bulgarian investment intermediary with a long track record in local markets.
Poland
Forex / CFD
EU/EEA licence
Polish broker formerly known as TMS Brokers, acquired by OANDA in 2018.
Cyprus
Forex / CFD
EU/EEA licence
Cyprus investment firm through which StoneX serves EU clients of FOREX.com and City Index.
Bulgaria
Forex / CFD
EU/EEA licence
Bulgarian investment intermediary offering forex, CFDs and share trading.
New Zealand
Forex / CFD
Since 2014
No European licence on record
New Zealand ECN broker; it has no EU licence on our record.
Australia
Forex / CFD
Since 2016
No European licence on record
Australian MT4/MT5 broker; not authorised in the EU on our record.
Australia
Forex / CFD
Since 2010
No European licence on record
Sydney ECN broker that publishes trade-execution data; no EU entity on our record.
Australia
Forex / CFD
Since 2013
No European licence on record
Sydney CFD broker; not authorised in the EU on our record.
Australia
Forex / CFD
Since 2015
No European licence on record
Not authorised in the EU on our record.
Australia
Forex / CFD
Since 2017
No European licence on record
Low-cost Melbourne broker; it has no EU entity on our record.
United Arab Emirates
Forex / CFD
Since 2011
No European licence on record
Abu Dhabi broker regulated by the UAE SCA; not authorised in the EU on our record.
Seychelles
Forex / CFD
Since 2012
No European licence on record
Offshore high-leverage broker; no EU licence on our record.
Seychelles
Forex / CFD
Since 2015
No European licence on record
Offshore broker; not authorised in the EU on our record.
Seychelles
Forex / CFD
Since 2012
No European licence on record
Not authorised in the EU on our record.
Mauritius
Forex / CFD
Since 1998
No European licence on record
Historic brand whose UK arm collapsed after the 2015 Swiss franc shock; today it operates offshore and holds no EU licence on our record.
Belize
Forex / CFD
Since 2011
No European licence on record
Offshore ECN broker; not authorised in the EU on our record.
Mauritius
Forex / CFD
Since 2012
No European licence on record
Previously held a CySEC licence; we have no current EU licence on record for the brand, and its remaining entities are offshore.
Belize
Forex / CFD
Since 2009
No European licence on record
High-leverage offshore broker; EU residents should note it holds no EU licence on our record.
Belize
Forex / CFD
Since 2010
No European licence on record
Offshore broker; not authorised in the EU on our record.
Belize
Forex / CFD
Since 2006
No European licence on record
Offshore broker with the NetTradeX platform; not authorised in the EU on our record.
Vanuatu
Forex / CFD
Since 2008
No European licence on record
Offshore broker regulated in Vanuatu; not authorised in the EU on our record.
Belize
Forex / CFD
Since 2009
No European licence on record
Global offshore arm of the group; EU residents are directed to RoboMarkets instead.
Cayman Islands
Forex / CFD
Since 2004
No European licence on record
Cayman-regulated ECN broker; not authorised in the EU on our record.
Seychelles
Forex / CFD
Since 2020
No European licence on record
Offshore sister brand of Vantage; not authorised in the EU on our record.
Seychelles
Forex / CFD
No European licence on record
Offshore multi-asset broker; not authorised in the EU on our record.
Formerly LiteForex; we have no current EU licence on record for this brand.