Top ESMA Trading Brokers - 2019

Advertiser Disclosure

ESMA regulated Forex/CFD brokerages are brokers who are regulated by the European Union. The European Union has one of the world’s tightest regulatory regimes in several areas, including the provision of financial services, which broadly includes the services provided by Forex/CFD brokerages. This means that if you choose to become a client of a Forex/CFD brokerage which is regulated under ESMA, you will know that you are getting a relatively very high level of protection, assuming you open your account classified as a retail customer.

Forex/CFD brokerages regulated by ESMA operate under two very notable restrictions which are worth understanding: the maximum leverage which can be offered to clients trading Forex currency pairs is thirty to one. This means that the largest trade you can open is your total account size multiplied by thirty. Closely connected to this is a further restriction which prevents any retail client from being liable under any circumstances for an amount beyond the funds which are already sitting in the brokerage account. This is a welcome level of protection, as in the past when there have been huge sudden price movements which slip right through brokerage stops, such as the Swiss Franc move in January 2015, clients could suddenly find themselves legally liable for large sums far in excess of their deposit. This is now a danger which belongs to the past if you trade with an ESMA regulated Forex/CFD brokerage.

Some traders will not like the idea of being limited to a maximum leverage of thirty to one, but it is worth considering how much money you could become liable for at a much higher level of leverage in the event of a sudden huge price movement, without the associated negative balance protection. Furthermore, there are some well-developed financial centers within the European Union which have the strong supportive infrastructures good brokerages need to succeed.

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image Top Rated

Min. Deposit

$10


Bonus

30% Welcome Bonus


Trading Platform

MetaTrader 4, MetaTrader 5


Max. Leverage

1:1000


Regulation

CySEC, FCA, FSC

Best all-around: high floating leverage + fast execution

Min. Deposit

$100


Bonus

Up To $5000


Trading Platform

MetaTrader 4, Proprietary platform, Web-based


Max. Leverage

1:400


Regulation

MiFID, Central Bank of Ireland, ASIC, FSC, BVIFSC

Highly regulated, choice of fixed or floating spreads

Min. Deposit

$100


Bonus

None


Trading Platform

MetaTrader 4, Proprietary platform


Max. Leverage

1:300


Regulation

CySEC, ASIC, FSB

Excellent educational offerings

Min. Deposit

None


Bonus

CashBack


Trading Platform

MetaTrader 4, xStation, xAPI


Max. Leverage

1:200


Regulation

FCA, IFSC, CNB, AMF, ACPR, KNF

Choice of top trading platforms, wide range of assets

Min. Deposit

$100


Bonus

None


Trading Platform

Proprietary platform


Max. Leverage

1:30


Regulation

CySEC, Financial Conduct Authority (FCA), ASIC

Wide range of CFDs + trailing stop losses