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TheTop 10 Best Forex Brokers in the Netherlands revealed. We have rated and reviewed the best Forex Brokers acceptingDutch Traders.
This is a complete listing of The 10 Best Forex Brokers inthe Netherlands.In this in-depth write-up you will learn:
- Who is the Best Suited Broker forBeginner Dutch Traders?
- Pros and Cons ofForex in the Netherlands.
- EURO Accountsand how they work.
- EUR (€) Costsof Trading Forex
and much, much more!
The Netherlands Authority for the Financial Markets (AFM) – A Definition
TheNetherlands Authority for the Financial Markets (AFM) is the financial servicesregulatoryauthority for theNetherlands. The Netherlands Authority for the Financial Markets (AFM) is responsible for regulating behavior in the financial marketsin the Netherlands.
10 Best Forex Brokers in the Netherlands in 2024 – A Comparison
| 🔎 Broker | 🤝 Accepts Dutch Traders | 💰 Minimum Deposit (USD) | 💰 Minimum Deposit (EUR) | 🚀 Open an Account |
| 🥇 XM | ☑️ Yes | $5 USD | €4,74 EUR | 👉 Click Here |
| 🥈 Pepperstone | ✅ Yes | $10 USD | €10.13 EUR | 👉 Click Here |
| 🥉 AvaTrade | ☑️ Yes | $100 USD | €95 EUR | 👉 Click Here |
| 📌 Etoro | ✅ Yes | $50 USD | €47,40 EUR | 👉 Click Here |
| 📌 XTB | ☑️ Yes | $100 USD | €95 EUR | 👉 Click Here |
| 📌 IG | ✅ Yes | $140 USD | €133 EUR | 👉 Click Here |
| 📌 CMC Markets | ☑️ Yes | $10 USD | €9,47 EUR | 👉 Click Here |
| 📌 Plus 500 | ✅ Yes | $100 USD | €95 EUR | 👉 Click Here |
| 📌 FXTM | ☑️ Yes | $10 USD | €9,47 EUR | 👉 Click Here |
| 📌 HFM | ✅ Yes | $5 USD | €4,74 EUR | 👉 Click Here |
10 Best Forex Brokers in the Netherlands (2024)
- ☑️ XM – Overall, Best Broker in the Netherlands
- ☑️ Pepperstone – Fully regulated by multiple tier-1 regulators the highest trust score in the industry
- ☑️ AvaTrade – Well-Regulated Forex Broker
- ☑️ eToro – High Dutch Trust Score
- ☑️ XTB – Best Mobile Trading Experience
- IG – Low €Minimum Deposit
- CMC Markets – Excellent Technical Tools
- Plus500 – Lowest Overall Costs in EURO
- FXTM – Award-Winning Broker in North-East Europe
- HFM – Competitive Fees and Spreads
XM
Overall, XM.com isconsidered atrustworthy broker with average riskwithspreadsas low as 0.6pipsand an above-average trust score of 84 out of 99. XM Group is not a publicly-traded company but is authorized by two tier-1 regulators (high trust).
XM Overview
| 🔎 Broker | 🥇 XM.com |
| 📌 Regulation | FCA |
| 🎉 Bonus | ✅ Yes |
| 🆓 Demo Account | ☑️ Yes |
| 💵 Fees from | $ 3.5 |
| 🔁 Spreads from | 0.6 pips |
| 💳 Commission | Account depending |
| 🚩 Max Leverage | 1:888 |
| 💰 Minimum Deposit | $5 |
| 🚀 Open an Account | 👉 Click Here |
XM Pros and Cons
| ✔️ Pros | ❌ Cons |
| Low stock CFD and withdrawal fees | Limited product portfolio |
| Easy and fast account opening | No investor protection for non-EU clients |
| Great educational tools |
Overall Rating
- 4.9/5
Min Deposit
USD 5
Regulators
FSC, DFSA, CySEC, ASIC, CMA
Trading Platform
MT4, MT5, XM App
Total Pairs
55
Islamic Account
Yes
Trading Fees
No
Account Activation
24 Hours
Read Review
OPEN AN ACCOUNT
on XM's website
Pepperstone
Overall, Pepperstone can be summarised as a safe broker that provides competitive spreads on Contracts for Difference (CFDs). It offers 1200+ trading instruments with a trust score of 98 out of 100. Pepperstone is fully regulated by multiple tier-1 regulators (the highest trust score in the industry).
Pepperstone Overview
| 🔎 Broker | 🥇 Pepperstone |
| 💰 Min Deposit | $0 USD |
| ✒️ Regulation | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB |
| ☪️ Islamic Account | ☑️ Yes |
| 🆓 Demo Account | ☑️ Yes |
| 💵 Base Currencies | 9 |
| 🔁 Forex Pairs | 100 |
| 📈 Share CFDs | 60+ |
| 📉 Index CFDs | 16 |
| 🚀 Open an Account | 👉 Click Here |
Pepperstone Pros and Cons
| ✅ Pros | ❌ Cons |
| Fully digital account opening | Mostly CFDs offered |
| Great customer service | Basic Trading Platforms |
Overall Rating
- 4.9/5
Min Deposit
USD 10
Regulators
ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB
Trading Platform
MT4, MT5, cTrader, TradingView
Crypto
Yes
Total Pairs
1000+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Read Review
OPEN AN ACCOUNT
on Pepperstone's website
AvaTrade
Overall, AvaTrade is considered a low-riskand can be summarized as a trustworthy forex broker. Regarding spread and security, AvaTrade guarantees fast trading speeds and secure trading conditions.In terms of users, AvaTrade has more than 500 000 registered clients globally.
AvaTrade Overview
| 🔎 Broker | 🥇 AvaTrade |
| 💰 Minimum Deposit | $100 USD |
| 🚀Bonus | Open a trading account in 1 minute and receive up to $ 10.000 Bonus. |
| 📱 MetaTrader 4 (MT4) | Yes |
| 📱 MetaTrader 5 (MT5) | Yes |
| 📊Trading Islamic Account | Yes |
| 🎮 Demo account provided | Yes |
| 🚀 Open an Account | 👉 Click Here |
AvaTrade Pros and Cons
| ✅ Pros | ❌ Cons |
| Fee Free Deposit | Limit Offers |
| Low Trading Fees | Inactivity Fee |
| User Friendly | Administration Fee |
Overall Rating
- 4.8/5
Min Deposit
USD 100
Regulators
ASIC, FSA, CBI, BVI, FSCA, FRSA, ISA
Trading Platform
MT4, MT5, Ava Social, Ava Protect, Trading Central
Crypto
Yes
Total Pairs
55+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Read Review
OPEN AN ACCOUNT
on Avatrade's website
eToro
Overall,eToro can be summarized as acredible and trustworthy broker and is considered low-riskwith competitivetradingfeesandspreads. Etoro has anoverall trust scoreof 91 out of 99.eToro offers a world-class social trading platform with immediate order execution.
eToro Overview
| 🔎 Broker | 🥇 eToro |
| 📌 Regulation | FCA, ASIC, CySEC |
| ☪️ Islamic account | ✅ Yes |
| 👍 Demo Account | ☑️ Yes |
| 💰 Minimum Deposit | $50 USD |
| 📊 Institutional Accounts | ❌ No |
| 📊 Managed Accounts | ✅ Yes |
| 📈 Maximum Leverage | 20:1 |
| 🚀 Open an Account | 👉 Click Here |
eToro Pros and Cons
| ✔️ Pros | ❌ Cons |
| Used by 6,000,000+ traders | Doesn’t allow scalping |
| Established in 2006 | Inactivity Fee |
| Regulated by FCA, CySEC, and ASIC | Limited range of instruments |
Overall Rating
- 4.8/5
Min Deposit
USD 50
Regulators
FCS, ASIC, CySEC, GFSC, FinCen, FINRA
Trading Platform
No Trading Desk
Crypto
Yes
Total Pairs
47
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Read Review
OPEN AN ACCOUNT
on eToro's website
* Etoro has lowered the amount of the minimum FTD to $ 50 for the following countries: Germany, Austria, Netherlands, Norway, UK, Ireland, Spain, Italy, Sweden, Switzerland.
XTB
Overall, XTB can be summarized as a trustworthy broker with a reputable reputation that providesContracts for Difference(CFDs) and trading facilities on shares, forex,commodities, cryptocurrencies, ETFs, options, indices, and user-friendly trading conditions to a global market.
XTB Overview
| 🔎 Broker | 🥇 XTB |
| 💰 Min. Deposit | None |
| 🛑 Inactivity Fee | $10 USD |
| 🆓 Demo Account | ✅ Yes |
| 🔁 Spreads from | 0.1 |
| 📌 Commissions | Pro Account |
| 🎉 Sign Up Bonus | ✅ Yes |
| 🚀 Open an Account | 👉 Click Here |
XTB Pros and Cons
| ✔️ Pros | ❌ Cons |
| Lowest FX spreads | Does not accept U.S. clients |
| Regulated by FCA (U.K.) | Non-FX spread costs are high |
| Offers protection for client accounts | No guaranteed stop loss |
| Emphasis on customer service | No back-testing or automated trading capabilities |
Overall Rating
- 4.6/5
Min Deposit
USD 250
Regulators
FCA, CySEC, IFSC, KNF
Trading Platform
No Trading Desk
Crypto
Yes
Total Pairs
48
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Read Review
OPEN AN ACCOUNT
on XTB's website
IG
IG Group can be summarized as a trustworthy broker that provides user-friendly trading conditions and quality educational material. It can be considered a low-risk option that is an excellent fit for pro traders.
IG Overview
| 🔎 Broker | 🥇 IG Group |
| 💰 Trading Fee Class | High |
| 💵 Inactivity Fee | ☑️ Yes |
| 💳 Min. Deposit | $140 USD |
| 📌 Base Currencies | 6 |
| 🆓 Demo Account | ☑️ Yes |
| ⚙️ Products Offered | ETF/Forex/Options |
| 🚀 Open an Account | 👉 Click Here |
IG Pros and Cons
| ✅ Pros | ❌ Cons |
| Excellent Web-Trading Platform | High Fees |
| Educational Tools | Limited Product Portfolio |
| Great deposit and withdrawal options | Lacking Support |
Overall Rating
- 4.8/5
Min Deposit
USD 0
Regulators
FCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFF
Trading Platform
MT4
Crypto
Yes
Total Pairs
80
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Read Review
OPEN AN ACCOUNT
on IG's website
CMC Markets
Overall, CMC Markets can be summarized as a trustworthy broker that provides Contracts for Difference (CFDs) and low spreads. It is regulated by five tier-1 regulators (high trust) and one tier-2 regulator (average trust). It has a trust score of 99 out of 100.
CMC Markets Overview
| 🔎 Broker | 🥇 CMC Markets |
| 💰 Min. Deposit | $10 USD |
| 🛑 Inactivity Fee | ☑️ Yes |
| 💻 Demo Account | ☑️ Yes |
| 💵 Base Currency | 10 |
| 🚀 Open an Account | 👉 Click Here |
CMC Markets Pros and Cons
| ✔️ Pros | ❌ Cons |
| Low forex fees | High stock CFD fees |
| Great mobile platforms | Only CFDs available |
| Advanced research tools | Customer support only 24/5 |
Overall Rating
- 4.7/5
Min Deposit
USD 10
Regulators
FCA, IIROC, ASIC, FMA, MAS
Trading Platform
MT4
Crypto
Yes
Total Pairs
158
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Read Review
OPEN AN ACCOUNT
on CMC Markets' website
Plus500
Plus500is a tier 1 regulated forex and CFD broker that offers low trading and commission fees. It has an overall high trust score of 97% out of 100 with a low-risk trading environment.
Plus500 Overview
| 🔎 Broker | 🥇 Plus500 |
| 💰 Min. Deposit | $100 USD |
| 🆓 Demo Account | ☑️ Yes |
| 🔁 Spread | Variable |
| 📈 Leverage | 1:30 |
| 💵 Base Currencies | 14 |
| 📉 Withdrawal Fee | ❌ No |
| 📊 Deposit Fee | ❌ No |
Plus500 Pros and Cons
| ✅ Pros | ❌ Cons |
| User-Friendly | Lack in Research Tools |
| Low Trading Fees | Average Education |
| Listed on the London Stock Exchange | Limited Product Range |
Overall Rating Min Deposit USD 100 Regulators CySEC, FCA, MAS, FSA, ASIC, FMA, FSCA Trading Platform WebTrader Crypto Yes (Availability subject to regulations) Total Pairs 71 Islamic Account On Request Trading Fees Low Account Activation 24 Hours 79% of retail CFD accounts lose money Read Review OPEN AN ACCOUNT on Plus500's website
FXTM
Overall, FXTM can be summarized as a trustworthy broker that provides Contracts for Difference (CFDs) and trading facilities on shares, forex, commodities, cryptocurrencies, ETFs, options, and indices to a global market.
FXTM Overview
| 🔎 Broker | 🥇 FXTM |
| 📝 Regulation | FCA / FSCA |
| 💰 Min. Deposit | $10 USD |
| ☪️ Islamic Account | ☑️ Yes |
| 🆓 Demo Account | ☑️ Yes |
| 📈 Max Leverage | 1:2000 |
FXTM Pros and Cons
| ✅ Pros | ❌ Cons |
| Excellent Customer Service | High Stock CFD Fees |
| Great Educational Tools | Inactivity Fee |
| No Deposit Fee | No Price Alert |
Overall Rating
- 4.6/5
Min Deposit
USD 10
Regulators
FCA, CySEC, FSC
Trading Platform
MT4, MT5
Crypto
No
Total Pairs
63+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Read Review
OPEN AN ACCOUNT
on FXTM's website
HFM
Overall, HFM rebranded as HFM Markets can be summarised as a trustworthy broker that provides Contracts for Difference (CFDs) and low spreads on 100+ trading instruments. It is regulated by one tier-1 regulator (highest trust) and three tier-2 regulators (medium trust). It has a trust score of 95% out of 100.
HFM Overview
| 🔎 Brokers Name | 🥇 HFM |
| ⚖️ Regulation | CySEC, FSCA, FCA, FSA, DFSA, CMA, St. Vincent & the Grenadine |
| 💳 Minimum deposit | $0 |
| 💰 Maximum Leverage | 1:2000 |
| 🔘 Asset Types | Forex, Indices, Metals, Energies, Shares, Commodities, Bonds, ETFs, DMA Stocks, and Cryptocurrencies |
| 📊 Trading platforms | HFM APP, MT4, MT5, HFM Copy Trading |
| 💳 Supported lot | 0.01 - 500 |
| 💳 Demo | ☑️ Yes |
| 🚀 Open an Account | 👉 Click Here |
HFM Pros and Cons
| ✅ Pros | ❎ Cons |
| Swap Free Accounts | Segregates client funds |
| $0 Min. Deposit | |
| Regulated by CySEC | |
| 24/5 Online Support | |
| 1:2000 Leverage |
Overall Rating
- 4.9/5
Min Deposit
USD 0
Regulators
CySEC, FCA, FSA, DFSA, FSCA, CMA
Trading Platform
MT4, MT5, HFM APP, HFM Copy Trading
Crypto
Yes
Total Pairs
50+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Read Review
OPEN AN ACCOUNT
on HFM's website
Conclusion
👉 Now it is your turn to participate:
➡️ Which Dutch broker from this list do you intend to test out?
➡️ What was the determining factor in your decision to engage with a certain broker?
➡️ Was it because of the EUR (€)minimum deposit or the Pros and Cons?
👉 Regardless, please share your thoughts in the comments below.
You might also like: XM Review
You might also like: AvaTrade Review
You might also like: HFM Review
You might also like: EtoroReview
Disclaimer
Traders need to understand and remember that CFDs are leveraged, complex products that may be accompanied by the risk of incurring losses that may exceed the initial deposit of the trader.
Traders need to ensure that they understand their risk exposure and determine whether the risk involved is suited to them before making trading decisions that could result in loss of capital.
Frequently Asked Questions
Is forex trading legal in the Netherlands?
Yes. Forex Trading is 100% legal in the Netherlands.
Which is the most used forex broker in the Netherlands?
According to research, XM is the most popular broker choice in the Netherlands.
How many forex traders are currently active in the Netherlands?
The rough estimate is approximately 100′ 000 active Dutch traders per month.
Can you make money with forex trading in the Netherlands?
Yes. However, according to research, approximately 75% of all traders lose money due to a wide number of factors.
Who regulates Forex Trading in the Netherlands?
Forex trading in the Netherlandsfalls under the regulatory authority of the NetherlandsAuthority for the Finacial Markets (AFM).
Louis Schoeman
Featured Forex and Stocks writer
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