Educational content · 18+ — Read more
Broker details are provided for research purposes only. MyTradingToolkit.com is not a broker. Some listed companies may be our partners, and we may earn a commission — this does not influence our rankings. Trading leveraged financial instruments involves a high level of risk. Check features and licenses before trading. See site policies.Compare Regulated Brokers — Trading Platforms
XM
Minimum deposit $5
Best for Active traders
Lightning-fast execution under 1 second — no re-quotes
- Regulators: Belize, Mauritius (selected entities)
- Spreads (min): ~0.6 pips
- Leverage: up to 1:1000
- Platforms: MT4 / MT5, XM App
Products:
Currencies
Indices
Commodities
Stocks
ETFs
Crypto
Your capital is at risk
AvaTrade
Minimum deposit $100
Best for Risk-conscious traders
AvaProtect (paid loss coverage) + AvaOptions (FX options)
- Regulators: ASIC, Central Bank of Ireland, FSCA (South Africa), FSA (Japan), ADGM (Abu Dhabi) (selected entities)
- Spreads (min): ~0.9 pips
- Leverage: up to 1:400
- Platforms: MT4 / MT5, AvaTradeGO
Products:
Currencies
Indices
Commodities
Bonds
Stocks
ETFs
Crypto
Your capital is at risk
XTB
Minimum deposit $0
Best for Beginners & Active Traders
Award-winning xStation 5 platform with ultra-fast execution
- Regulators: FCA (UK), CySEC (Cyprus), KNF (Poland), CNMV (Spain), DFSA (Dubai), IFSC (Belize)
- Spreads (min): from 0.1 pips
- Leverage: up to 1:500 (entity dependent)
- Platforms: xStation 5 / xStation Mobile
Products:
Forex
Indices
Commodities
Stocks
ETFs
Crypto
Your capital is at risk.
How to choose a regulated broker
Start safely with the right deposit and leverage. Many brokers advertise very high leverage and very low deposits. While this may look attractive, it often leads to fast account losses. For beginners who want to trade responsibly:
- A deposit between 100–500 USD gives enough margin to learn without blowing your account.
- A leverage of 1:30–1:100 is much safer, even if brokers advertise more. You can adjust this when setting up your account.
- Risk only 1–2% per trade to stay in the game long enough to learn.
- Choose a regulated broker with fast withdrawals and local payment options.
FAQ
Which regulated broker is best for beginners?
Look for low minimum deposit, negative balance protection, clear fees, and simple onboarding. Try a demo first, then switch to real when ready.
Can I open a demo before going live?
Yes. Most brokers offer instant demo; switching to a real account is seamless once KYC is completed.
What about withdrawals and local payments?
Prefer brokers with fast withdrawals and local rails where available. Always verify the entity and license that applies to your country.
Educational content · 18+ Broker details are provided for research purposes only. MyTradingToolkit.com is not a broker. Some listed companies may be our partners, and we may earn a commission — this does not influence our rankings. Trading leveraged financial instruments involves a high level of risk. Check features and licenses before trading.
See site policies.