Brokers for Experienced Traders

Compare the best brokers for experienced traders, down to the account level. Choose from STP, ECN and DMA brokers with 5 decimal pricing and large trade sizes.

Brokers we recommend


4.7 / 5 AvaTrade
76% of retail CFD accounts lose money

AvaTrade.com is an award-winning online broker in business since 2006. Trade CFDs on all asset classes, from Forex to ETFs and bonds. Its service appeals to novice and experienced traders alike.


4.2 / 5 HYCM
85% of retail CFD accounts lose money

HYCM.com is an award-winning regulated online broker suitable for day traders as well as long-term investors. It's also an established broker, in business since 1999.


Comparison table

We rate brokers across 5 categories and 18 criteria, following a standardised methodology. Here are our overall and category-specific ratings:

OverallMarketsTrading environmentDeposits and withdrawalsInvestor protectionCustomer service
AvaTrade 4.7 5.0 4.2 4.7 4.8 5.0
HYCM 4.2 5.0 3.8 4.4 3.8 4.0
Forex (CFD)Cryptos (CFD)*Stocks (CFD)Indices (CFD)Metals (CFD)Energy (CFD)Commodities (CFD)ETFs (CFD)Bonds (CFD)
AvaTrade 532664335757672
HYCM 6728151271334
MT4MT5Copy trading
AvaTrade
HYCM
Bank transferCredit cardDebit cardNETELLER *Skrill *
AvaTrade
HYCM
AustraliaCayman IslandsCyprus (EU)IrelandSouth AfricaSt. Vincent & the GrenadinesUAEUK
AvaTrade
HYCM

* Availability is subject to local laws and regulations.

Note: for brevity, this table only shows the most popular payment methods and regulators. Open a free account with any of these brokers to view funding options available in your country.



4.7 / 5 AvaTrade
76% of retail CFD accounts lose money

AvaTrade.com is an award-winning online broker in business since 2006. Trade CFDs on all asset classes, from Forex to ETFs and bonds. Its service appeals to novice and experienced traders alike.

  • Likes
  • CFDs on 845 instruments, as well as futures and options.
  • Wide selection of trading platforms, including copy trading.
  • One-on-one assistance when you deposit US$1,000 or more.
  • Daily trading signals from Trading Central.
  • No fees on deposits or withdrawals.
  • Dislikes
  • Quarterly and annual inactivity fees are $50 and $100 respectively.
  • Its 'one size fits all' trading account may not appeal to professional traders.
Our take on AvaTrade

The breadth of assets available to trade through its platform sets this broker apart from the competition. You'll find 845 instruments, including currencies, stocks, indices, ETFs (and leveraged ETFs), precious metals, commodities, cryptocurrencies, and government bonds.

With AvaTrade, the MT4 and MT5 platforms are available for Windows and iOS devices. Its web trading platform is sleek, with advanced charting tools. Spreads are competitive and fixed, which can provide a more predictable trading environment, well-suited for beginners.

Customer service is excellent. Every time a question has arisen, we've been able to speak to a customer support agent easily through a local telephone number. Our queries were resolved within minutes. Support is available five days a week through various channels, including WhatsApp.

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4.2 / 5 HYCM
85% of retail CFD accounts lose money

HYCM.com is an award-winning regulated online broker suitable for day traders as well as long-term investors. It's also an established broker, in business since 1999.

  • Likes
  • Trade CFDs or invest in over 1,000 "real" stocks.
  • Trade on MetaTrader 4 or MetaTrader 5.
  • Get free signals from Trading Central.
  • Open a trading account in USD, EUR, GBP, CAD and AED.
  • Dislikes
  • Trading fees on its Fixed and Classic accounts are a little high.
  • Monthly inactivity fees apply after 90 days.
  • Copy trading isn't possible.
Our take on HYCM

Trade over 300 instruments across a wide range of markets, spanning currencies, cryptocurrencies, stocks, indexes, and commodities. HYCM.com offers a variety of trading accounts for beginners and more experienced traders, on the MetaTrader 4 and 5 platforms.

Of note, 'buy and hold' investors can now access over 1,000 'real' stocks, and earn dividends on their investments. It is possible to invest from as little as $10 through fractional ownership. This service includes American, Asian, and European stocks.

HYCM.com is an established broker, in business since 1999. It's also a safe place to trade, being overseen by regulators in the EU, the UK, the UAE, and other regions.

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