Best Forex Broker in Europe

Best Forex Broker in Europe

When we talk about best forex broker in Europe, we must take into account not only the high-quality service, but also the most strict regulations in the world. In fact, not any broker is authorized to deliver its services in Europe, only those which get a license from the European Economic Area (EEE).

The list below presents the top rated forex brokers. Each one in this list has licence from the European Economic Area (EEE) and is authorized to provide its services in Europe.

Best Forex Broker in Europe List

Broker Info Bonus Open Account
Vantage FX review Regulation: CIMA, SIBL, ASIC
Leverage: 500:1
Demo Account: Yes
Min Deposit: $200
50% Welcome Bonus Visit Broker Read Review
FBS-best forex broker Regulation: IFSC and CySEC
Leverage: up to 3000:1, the highest in forex Market
Demo Account: Yes
Min Deposit: $0, $100 no deposit bonus
100% Deposit Bonus Visit Broker Read Review
XM forex broker review Regulation: ASIC, CySEC, IFSC
Leverage: up to 888:1
Demo Account: Yes
Min Deposit: $5
up to $5,000 Visit Broker Read Review
plus500 review Regulation: FCA
Leverage: 300:1
Demo Account: Yes
Min Deposit: $100
up to $10 000 bonus Visit Broker Read Review
Hycm Review Regulation: CySEC, FCA, MiFID, DFSA, SFC
Leverage: up to 500:1
Demo Account: Yes
Min Deposit: $100
10% Deposit Bonus Visit Broker Read Review
roboforex review Regulation: IFSC and CySEC
Leverage: up to 2000:1
Demo Account: Yes
Min Deposit: $10
Up to 150% Deposit Bonus Visit Broker Read Review
AVAtrade- BEST FOREX BROKER Regulation: Central Bank of Ireland, MiFID, ASiC, BVI
Leverage: up to 400:1
Demo Account: Yes
Min Deposit: $100
$200 free bonus Visit Broker Read Review
Regulation:
Leverage: 600:1
Demo Account: Yes
Min Deposit: $200
200% up to $5000 Visit Broker Read Review

Top brokers in Europe and the new regulations

Recently, The European Securities Markets Authority has launched new regulations that we can summarize in 4 points:

  • First,  limits leverage for various assets in 30:1
  • Ban binary options
  • Ban bonuses
  • Impose transparency and negative balance protection measures.

Under these new restrictions, only good brokers will survive. So far, each country has its own jurisdiction; therefore, many brokers find it safe in Cyprus. on one hand, the enjoy the privilege of a Europen country; on the other hand, they benefit from low regulation.

The new regulations put The European Securities Markets Authority (ESMA) as a supranational supervisor. Therefore, they unified the regulations and Cyprus was forced to adjust its regulation to the current change. Hence, CySEC regulation gained some importance.

Indeed, if you are from Europe, you are protected against any kind of scam as long as you choose regulated brokers, some of which we presented before.

Sharing is caring!

Leave a Comment

Copyright © 2020. All Rights Reserved. Latest Forex Tips