Brokers that Accept Broker-to-Broker Transfers
Fund your trading account with the following brokers through a broker-to-broker transfer.
Trade over 1,000 instruments on flexible leverage up to 1:500 on the MT4/5 and cTrader platforms. FPMarkets.com is a true ECN broker and accepts all trading styles without restrictions.
- Likes
- Flexible leverage up to 1:500.
- Trade over 1,000 financial instruments.
- Trade on MT4/5 or cTrader without restrictions.
- Copy trading service is available.
- Customer support is available 24/7.
- Dislikes
- No TradingView integration is available for now.
- No investor compensation fund in the event of bankruptcy.
We've traded through this broker's MT5 Raw account and can vouch for its low spreads and reliable trading environment. Its Raw account is designed for day traders and scalpers, and its Standard account will suit all others.
We also like the breadth of instruments available through its platform. You'll find over 70 currency pairs, as well as gold and silver priced in US dollars, euros and Aussie dollars. You can also go long or short on stocks and government bonds through over 40 ETFs.
Its free educational content also sets it apart from the competition. Fund your account to get access to trading signals from Trading Signal and Autochartist. You'll also get access to free trading courses for beginners and experienced traders, weekly webinars and e-books.
How a broker-to-broker transfer works
In a broker-to-broker transfer, your funds flow directly from your existing to your new broker's bank account. This can halve the time and money it takes to fund your trading account, because it sidesteps the need to wire funds through your personal account first. You can expect an international bank transfer to take between 3 and 5 business days.
Please note the following 3 pre-requisites before you get started:
- Open an account with your new broker first through the links on this page.
- Remember that your new and existing account must be in the same name.
- Your existing trading account must be with a regulated broker, or a licensed financial institution.
Once you've opened a new trading account, contact your broker to request a transfer form. Importantly, as broker-to-broker transfers are cash only, you'll need to close open positions with your existing broker. This means crystallising unrealised gains and losses, and may have unforeseen tax implications. If in doubt, speak to a tax advisor.
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About the author
I'm Stéphane, a trader and an entrepreneur. My mission with TrustedBrokers is to help you find the right broker for you, whether you're a beginner or a pro. I've personally used and tested the brokers on our service, opening and funding real-money accounts, contacting customer service and placing trades. I started my career in investment banking in London.