Choosing a broker is nearly as important as choosing your strategy for trading? Are they regulated? What markets do they offer?
I have accounts and traded with all of the brokers listed below. All of them have regulated entities in Europe.
Depending on your location, if you decide to open an account with them, your account may be placed under a different location, or one of their unregulated entities.
I will list some of their advantages and disadvantages. If you require further assistance, don't hesitate to contact me, or the brokers.
1. Markets.com (Click on the banner to start account application)
A global brokerage company operated by a FTSE 250 subsidiary - markets.com has a truly diversified offering. They offer CFDs and Share Dealing. Our link takes you to open an account for CFD trading.
Multiple regulated entities - FCA, CySec, AU, South Africa and BVI
Markets offered include: FX, Indices, Stocks, Commodities, Bonds and ETFs (more than 2000 symbols)
Platforms: MT4, MT5 and their own platform called MarketsX.
2. JFD Bank (click on the banner to start a live account application)
CFD broker offering MT4 and MT5 platforms. They have broker licenses in Cyprus and Vanuatu. Also a bank license in Germany.
You can benefit from two account types - Zero and Pro
Zero has higher spreads on FX, Gold, Silver, Dax and Dows, but no commissions.
Pro has lower spreads for these markets, but each trade has a commission which depends on the lot size used and the market which was traded.
3. Deltastock (click on the banner to start a live account application)
A licensed Bulgarian Broker offering MT4 trading. Maximum leverage is capped at 30:1 due to ESMA rules.
Low spreads with no commissions.
Offers FX, Gold, Silver, Indices and Oil. Limited stock CFDs.