Forex Brokers with Instant Execution

Compare Forex and CFD brokers that provide instant execution, and certainty of pricing in Australia.

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Best brokers

1. FxPro Best MetaTrader Broker 2020
2. AvaTrade Best Mobile Trading Platform 2021
3. eToro Best Trading Platform, 2013 - Star Awards
4. Plus500 Best Platform for Cryptocurrencies, 2020 - ADVFN
5. EagleFX Best ECN/STP Broker 2020

Broker reviews

#1

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FxPro (FxPro.com) is a global broker, winner of 95+ awards including "Best MetaTrader Broker" in 2020. Trade 250+ instruments across a wide range of asset classes on MT4/5 or cTrader. FxPro accepts all trading styles without restrictions.

• Risk warning: 84.69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs and Spread Betting work and whether you can afford to take the high risk of losing your money.
• Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)
  * Availability subject to regulation.
• Platforms: MetaTrader 4, MetaTrader 5, cTrader, Copy trading
• Regulators: Bahamas, Cyprus (EU), South Africa, UK

• Accounts

MT4 Floating - Instant Execution  ▷ MT4 Floating - Instant Execution: Trade 70+ currency pairs, spot indices, energies, metals and shares on floating spreads and instant execution. All EAs are allowed.
$500 deposit	1:200 leverage	Instant execution	▷

#2

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AvaTrade (AvaTrade.com) is an award-winning online broker. Trade CFDs on Forex, crypto-currencies, shares, metals and more on MetaTrader 4 or 5. AvaTrade accepts all Expert Advisors except those with a focus on arbitrage.

• Risk warning: 77.82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
• Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD), Bonds (CFD)
  * Availability subject to regulation.
• Platforms: MetaTrader 4, MetaTrader 5, Copy trading
• Regulated entity (Australia): Ava Capital Markets Australia Pty Ltd (No. 406684)

• Accounts

AvaTrade Account [BVI]  ▷ AvaTrade Account [BVI]: Trade 55 currency pairs on fixed spreads, plus CFDs on crypto-currencies, stocks, indices, bonds and commodities. This account, registered in the British Virgin Islands, has significantly higher leverage.
$100 deposit	1:400 leverage	Instant execution	▷

AvaTrade Account [EU]  ▷ AvaTrade Account [EU]: Trade 55 currency pairs on fixed spreads, plus CFDs on crypto-currencies, stocks, indices, bonds and commodities.
$100 deposit	1:30 leverage	Instant execution	▷

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Islamic Account [BVI]  ▷ Islamic Account [BVI]: Trade a wide range of financial instruments with a Shariah compliant account. AvaTrade does not charge rollover fees or swaps on overnight positions. You cannot invest in crypto-currencies through this account. This...more ▷ Islamic Account [BVI]: Trade a wide range of financial instruments with a Shariah compliant account. AvaTrade does not charge rollover fees or swaps on overnight positions. You cannot invest in crypto-currencies through this account. This account, registered in the British Virgin Islands, has significantly higher leverage.
$100 deposit	1:400 leverage	Instant execution	▷

Islamic Account [EU]  ▷ Islamic Account [EU]: Trade a wide range of financial instruments with a Shariah compliant account. AvaTrade does not charge rollover fees or swaps on overnight positions. You cannot invest in crypto-currencies through this account.
$100 deposit	1:30 leverage	Instant execution	▷

Professional Account [EU]  ▷ Professional Account [EU]: Trade 55 currency pairs on fixed spreads, plus CFDs on crypto-currencies, stocks, indices, bonds and commodities. Access high leverage up to 1:400 with this account for professional traders.
$100 deposit	1:400 leverage	Instant execution	▷

#3

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eToro is the world's largest social trading platform, trusted by over 20 million users. Access a wide range of markets from a single platform, on the Web or your phone. Easily follow and copy other investors if you want to.

• Risk warning: eToro AUS Capital Ltd ACN 612 791 803 AFSL 491139. OTC Derivatives are speculative and leveraged. Not suitable for all investors. Capital at risk. See PDS and TMD.
• Markets: NA
  * Availability subject to regulation.
• Platforms: Copy trading
• Regulated entity (Australia): eToro AUS Capital Limited (ASIC No. 491139)

• Accounts

eToro Account [EU]  ▷ eToro Account [EU]: Trade 47 currency pairs and a wide range of other asset classes through a single platform. Get free and unlimited access to trading courses and webinars.
$Variable deposit	1:30 leverage	Instant execution	▷

Gold Account [EU]  ▷ Gold Account [EU]: Access live webinars plus eToro's exclusive weekly market analysis updates and hand-picked partner apps when your account's equity exceeds US$ 10,000.
$10000 deposit	1:30 leverage	Instant execution	▷

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Platinum Account [EU]  ▷ Platinum Account [EU]: Get a 50% discount on foreign exchange fees, a 100% discount on withdrawal fees, a personalised account manager plus all the benefits of a Gold account, when your account's equity exceeds USD 50,000.
$50000 deposit	1:30 leverage	Instant execution	▷

Islamic Account [EU]  ▷ Islamic Account [EU]: Trade 47 currency pairs and a wide range of other asset classes through a single platform. To open an Islamic account, open your account here and contact your account manager to request Shariah trading before making...more ▷ Islamic Account [EU]: Trade 47 currency pairs and a wide range of other asset classes through a single platform. To open an Islamic account, open your account here and contact your account manager to request Shariah trading before making your first trade.
$1000 deposit	1:30 leverage	Instant execution	▷

Corporate Account [EU]  ▷ Corporate Account [EU]: This eToro account is for sole proprietorships, partnerships or corporations. This account does not support PayPal payments.
$10000 deposit	1:30 leverage	Instant execution	▷

Professional Account [EU]  ▷ Professional Account [EU]: Get more leverage with this account designed for professional traders. Visit eToro's website to see whether you qualify.
$Variable deposit	1:400 leverage	Instant execution	▷

#4

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Trade CFDs without commission on Forex, shares, indices, commodities and ETFs with Plus500.com. Plus500 is listed on the London Stock Exchange and is regulated across several jurisdictions.

• Risk warning: 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
• Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)
  * Availability subject to regulation.
• Regulated entity (Australia): Plus500AU Pty Ltd (AFSL 417727)

• Accounts

Plus500 Account  ▷ Plus500 Account: Trade 50+ currency pairs as well as CFDs on shares, indices and commodities on floating spreads. CFDs are a leveraged product and can result in the loss of your entire capital. Please ensure that you fully understand...more ▷ Plus500 Account: Trade 50+ currency pairs as well as CFDs on shares, indices and commodities on floating spreads. CFDs are a leveraged product and can result in the loss of your entire capital. Please ensure that you fully understand the risks involved.
$100 deposit	1:30 (CySEC & ASIC), 1:300 (FSA) leverage ?	Instant execution	▷

#5

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Trade Forex as well as CFDs on cryptocurrencies, stocks, indices and commodities with an STP/ECN broker. EagleFX (EagleFX.com) allows all trading styles and Expert Advisors the MetaTrader 4 platform.

• Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)
  * Availability subject to regulation.
• Platforms: MetaTrader 4
• Regulators: Dominica

• Accounts

Instant Execution Account  ▷ Instant Execution Account: Trade 55 currency pairs, cryptocurrencies and CFDs on stocks, indices and commodities with instant execution. EagleFX supports all trading styles, including hedging and scalping on MT4.
$10 deposit	1:500 leverage	Instant execution	▷

#6

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NordFX (NordFX.com) is an international Forex broker serving traders worldwide from its headquarters in Mauritius.

• Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD)
  * Availability subject to regulation.
• Platforms: MetaTrader 4, Copy trading
• Regulators: Vanuatu

• Accounts

Fix Account  ▷ Fix Account: Trade 28 currency pairs and CFDs on crytpo-currencies, metals and indices on fixed spreads. Get instant execution. Automated trading is allowed.
$10 deposit	1:1000 leverage	Instant execution	▷

Forex trading accounts come with either instant or market execution. Understand why this matters and what is best for you.

Advantages of Instant Execution

• Certainty of pricing: with instant execution, you receive the price that you see on the platform, as long as that price is still valid. For this reason, it provides greater certainty of pricing over an account with market execution.
• Risk management: instant execution on the MetaTrader 4 (MT4) platform allows you to set 'stop loss' and 'take profit' orders at the time you open a position. This isn't possible with market execution. This can provide peace of mind and protect you when the markets are volatile.

Disadvantages of Instant Execution

• Re-quotes: when markets are volatile, the price you see on your platform may no longer be valid by the time your order is acted upon. When this happens, your broker will offer a re-quote. This means you will be given the opportunity to accept or decline to trade at the new price. You may find this frustrating if you value speed or certainty of execution over certainty of pricing, in which case, we recommend opening an account with market execution instead.
• Dealing Desk: when you trade through an account with instant execution, you orders are sent to your broker's dealing desk. Your broker acts as the counterparty to your trades. If you are looking for a No Dealing Desk broker, an STP or an ECN broker, we suggest you open an account with market execution instead.