Brokers that Accept Broker-to-Broker Transfers

Fund your trading account with the following brokers through a broker-to-broker transfer.

By Stefan

Broker reviews

FP Markets is a true ECN broker with razor-thin spreads and deep liquidity. Trade CFDs on over 1,000 stocks, indices, commodities and currency pairs through MetaTrader 4 or 5. FP Markets supports all trading styles and EAs.

  • Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD), Bonds (CFD)
    * Availability subject to regulation.
  • Platforms: MT4, MT5, cTrader, Copy trading
  • Regulators: Australia, Cyprus (EU) , Saint Vincent and the Grenadines, South Africa

$100
deposit

1:500
leverage

Market
execution

$100
deposit

1:500
leverage

Market
execution

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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.

Featured Brokers

FXCC

ECN XL Account

Trade CFDs on 70+ currency pairs, crypto-currencies, commodities and indices with leverage up to 1:... More

  • $0 deposit
  • 1:500 leverage
  • 0 pips EUR/USD
  • Regulators: Cyprus (EU) , Nevis

FP Markets

Raw Account

Trade over 60 pairs of currencies as well as CFDs on crypto-currencies, shares, indices and ... More

  • $100 deposit
  • 1:500 leverage
  • 0.09 pips EUR/USD
  • Regulators: Australia, Cyprus (EU) , Saint Vincent and the Grenadines, South Africa

4XC

Standard Account

Trade 74 currency pairs and CFDs on stocks, oil, metals and crypto with leverage up to 1:500. 4XC ... More

  • $50 deposit
  • 1:500 leverage
  • 1.4 pips EUR/USD
  • Regulators: Cook Islands
Risk warning: Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors as you could sustain losses in excess of your deposits. You should carefully consider your financial situation and experience level before trading.