Best Brokers For Short Selling 2026

Contributor Image
Written By
Contributor Image
Written By
Michael MacKenzie
Michael is a writer, editor and broker reviewer with over a decade in journalism and publishing. His niche lies in editing and fact-checking content in the financial services sector, with a focus on online brokers and trading platforms. Michael previously reported on politics and economics in the Middle East and edits books for established publishers.
Contributor Image
Edited By
Contributor Image
Edited By
James Barra
James is an investment writer and brokerage expert with a background in financial services. A former management consultant, he's worked on major operational transformation programmes at top European banks. A trusted industry name, James's work at DayTrading.com has been cited in publications like Business Insider.
Updated

Short sellers aim to profit from market downturns. We’ve found the best brokers for short selling by assessing key factors: markets available to short, fees on short positions, platform quality, account minimums, and our trust in the broker.

Best Brokers For Short Selling 2026

These are the 6 best platforms based on our findings, offering either direct short selling or short selling through products like CFDs:

This is why we think these brokers are the best in this category in 2026:

  1. Interactive Brokers - When we tested Interactive Brokers, short selling across stocks, forex, and CFDs was highly flexible. Borrow costs were transparent and often lower than most competitors we tested, averaging around 0.015% daily on forex CFDs and about 1.1% for equity CFDs, and restrictions were minimal. IBKR’s platforms and market data are also a step above much of the competition, making it ideal for advanced traders who rely on precise, tactical short-selling strategies.
  2. NinjaTrader - In our evaluations, NinjaTrader stood out for how easy it made short selling across futures and forex CFDs. Borrow costs were reasonable, roughly 0.02% daily on forex CFDs and around 1.3% for futures and equity CFDs. For those short selling through futures products, it provides more instruments and specific tool than almost every other firm we tested.
  3. Plus500US - When we tested Plus500US, short selling was straightforward - just sell to open on futures contracts like micro equity indices and crude oil, then buy to close. Because these are futures, there are limited borrow/locate hassles or borrow fees; costs are transparent (commission + exchange/NFA fees), margin updates in real time, and the web platform has a unique design that's genuinely intuitive and complete with integrated research tools..
  4. Exness - When we put Exness to the test, short selling was straightforward across forex and CFDs, with very competitive borrow fees of about 0.03% daily on forex CFDs and around 1.5% for equity CFDs. The platform handled high-volatility moments without hiccups, and restrictions were limited, giving traders freedom to act quickly.
  5. IC Markets - In our hands-on testing, IC Markets delivered smooth short selling with ultra-low borrow costs averaging around 0.02% daily on forex CFDs and roughly 1.2% for equity CFDs on most forex and CFD instruments. Restrictions were minimal, allowing rapid reactions to market swings. Execution was consistently fast, even during busy sessions, making short positions more precise.
  6. RoboForex - During our tests with RoboForex, short selling across forex and CFD markets felt seamless. Borrow costs were reasonable, they averaged roughly 0.035% daily on forex CFDs and about 1.8% for equity CFDs, and restrictions rarely got in the way of swift trades. Hands-on testing showed RoboForex is a solid choice for traders who like to move quickly against the trend.

Best Brokers For Short Selling 2026 Comparison

Best Brokers For Short Selling 2026 Comparison
Broker Short Selling Rating Minimum Deposit
Interactive Brokers 4.3 / 5 $0
NinjaTrader 4.5 / 5 $0
Plus500US 4 / 5 $100
Exness 4.6 / 5 Varies based on the payment system
IC Markets 4.8 / 5 $200
RoboForex 4.5 / 5 $10

Interactive Brokers

"Interactive Brokers is one of the best brokers for advanced day traders, providing powerful charting platforms, real-time data, and customizable layouts, notably through the new IBKR Desktop application. Its superb pricing and advanced order options also make it highly attractive for day traders, while its diverse range of equities is still among the best in the industry."

Christian Harris Christian Harris, Reviewer

Interactive Brokers Quick Facts

Demo AccountYes
InstrumentsStocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies
RegulatorFCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM
PlatformsTrader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower
Minimum Deposit$0
Minimum Trade$100
Leverage1:50
Account CurrenciesUSD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF

Pros

  • Interactive Brokers has been named Best US Broker for 2025 by DayTrading.com, recognizing its long-standing commitment to US traders, ultra-low margin rates, and global market access at minimal cost.
  • There's a vast library of free or paid third-party research subscriptions catering to all types of traders, plus you can enjoy commission reimbursements from IBKR if you subscribe to Toggle AI.
  • The new IBKR Desktop platform takes the best of TWS while adding bespoke tools like Option Lattice and Screeners with MultiSort to create a genuinely impressive trading experience for day traders at every level.

Cons

  • TWS’s learning curve is steep, and beginners may find it challenging to navigate the platform and understand all the features. Plus500's web platform is much better suited to new traders.
  • Support can be slow and frustrating based on tests, so you might find it challenging to reach customer service representatives promptly or encounter delays in resolving issues.
  • IBKR provides a wide range of research tools, but their distribution across trading platforms and the web-based 'Account Management' page lacks consistency, leading to a confusing user experience.

NinjaTrader

"NinjaTrader continues to meet the demands of active futures traders looking for low fees and premium analysis tools. The platform hosts top-rate charting features including hundreds of indicators and 10+ chart types."

Tobias Robinson Tobias Robinson, Reviewer

NinjaTrader Quick Facts

Demo AccountYes
InstrumentsForex, Stocks, Options, Commodities, Futures, Crypto
RegulatorNFA, CFTC
PlatformsNinjaTrader Desktop, Web & Mobile, eSignal
Minimum Deposit$0
Minimum Trade0.01 Lots
Leverage1:50
Account CurrenciesUSD

Pros

  • You can get thousands of add-ons and applications from developers in 150+ countries
  • Traders can get free platform access and trade simulation capabilities in the unlimited demo
  • NinjaTrader is a widely respected and award-winning futures broker and is heavily authorized by the NFA and CFTC

Cons

  • There is a withdrawal fee on some funding methods
  • Non forex and futures trading requires signing up with partner brokers
  • The premium platform tools come with an extra charge

Plus500US

"Plus500US stands out as an excellent choice for beginners, offering a very user-friendly platform, low day trading margins, and access to the Futures Academy to enhance trading skills. Its powerful tools and reliable service helped it scoop second place in DayTrading.com's annual 'Best US Broker' award."

Michael MacKenzie Michael MacKenzie, Reviewer

Plus500US Quick Facts

Demo AccountYes
InstrumentsFutures on Cryptocurrencies, Metals, Agriculture, Forex, Interest rates, Energy, Equity Index future contracts
RegulatorCFTC, NFA
PlatformsWebTrader, App
Minimum Deposit$100
Minimum TradeVariable
LeverageVariable
Account CurrenciesUSD

Pros

  • The Futures Academy is an excellent resource for new traders with engaging videos and easy-to-follow articles, while the unlimited demo account is great for testing strategies
  • Plus500US excels for its low fees with very competitive day trading margins and no inactivity fees, live data fees, routing fees, or platform fees
  • Plus500 is a publicly traded company with a good reputation, over 24 million traders, and a sponsor of the Chicago Bulls.

Cons

  • While Plus500US continues to broaden its investment offering, it's currently restricted to around 50+ futures with no stocks
  • The proprietary platform is user-friendly but lacks advanced technical analysis tools found in third-party solutions like MetaTrader 4
  • Despite competitive pricing, Plus500US lacks a discount program for high-volume day traders, a scheme found at brokers like Interactive Brokers

Exness

"After slashing its spreads, improving its execution speeds and support trading on over 100 currency pairs with more than 40 account currencies to choose from, Exness is a fantastic option for active forex traders looking to minimize trading costs."

Christian Harris Christian Harris, Reviewer

Exness Quick Facts

Demo AccountYes
InstrumentsCFDs on Forex, Stocks, Indices, Commodities, Crypto
RegulatorFCA, FSCA, CMA, FSA, CBCS, BVIFSC, FSC, JSC
PlatformsExness Trade App, Exness Terminal, MT4, MT5, TradingCentral
Minimum DepositVaries based on the payment system
Minimum Trade0.01 Lots
Leverage1:Unlimited
Account CurrenciesUSD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, MYR, IDR, CHF, HKD, SGD, AED, SAR, HUF, BRL, NGN, THB, VND, UAH, KWD, QAR, KRW, MXN, KES, CNY

Pros

  • Excellent range of account types for all experience levels, including Cent, Pro plus the introduction of Raw Spread, ideal for day traders.
  • Highly competitive spreads, reduced for USOIL and BTCUSD in 2024, are available from 0 pips with low commissions from $2 per side.
  • Exness Terminal offers a streamlined experience for beginners with dynamic charts while setting up watchlists is a breeze.

Cons

  • Retail trading services are unavailable in certain jurisdictions, such as the US, UK and EU, limiting accessibility compared to top-tier brokers like Interactive Brokers.
  • Apart from a mediocre blog, educational resources are woeful, especially compared to category leaders like IG which provide a more complete trading journey for newer traders.
  • Exness has expanded its range of CFDs and added a copy trading feature, but there are still no real assets such as ETFs, cryptocurrencies or bonds

IC Markets

"IC Markets offers superior pricing, exceptionally fast execution and seamless deposits. The introduction of advanced charting platforms, notably TradingView, and the Raw Trader Plus account, ensures it remains a top choice for intermediate to advanced day traders."

Christian Harris Christian Harris, Reviewer

IC Markets Quick Facts

Demo AccountYes
InstrumentsCFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto
RegulatorASIC, CySEC, CMA, FSA
PlatformsMT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade, Quantower
Minimum Deposit$200
Minimum Trade0.01 Lots
Leverage1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global)
Account CurrenciesUSD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD

Pros

  • You have access to over 2,250 CFDs across various markets, including forex, commodities, indices, stocks, bonds, and cryptocurrencies, allowing for diversified trading strategies.
  • IC Markets offers fast and dependable 24/5 support based on firsthand experience, particularly when it comes to accounts and funding issues.
  • As a tightly regulated and widely respected broker, IC Markets prioritizes client security and transparency, helping to ensure a reliable trading experience globally.

Cons

  • The breadth and depth of tutorials, webinars and educational resources still need work, trailing alternatives like CMC Markets and reducing its suitability for beginners.
  • While IC Markets offers a selection of metals and cryptos for trading via CFDs, the range is not as extensive as brokers like eToro, limiting opportunities for traders interested in these asset classes.
  • Despite four industry-leading third-party platforms, there is no proprietary software or trading app built with new traders in mind.

RoboForex

"RoboForex is great if you want a vast range of 12,000+ day trading markets with ECN accounts, powerful charting and loyalty promotions. It also stands out for stock traders with its user-friendly R StocksTrader platform, featuring 3,000+ shares, fees from $0.01 and sophisticated watchlists."

Christian Harris Christian Harris, Reviewer

RoboForex Quick Facts

Demo AccountYes
InstrumentsCFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures
RegulatorIFSC
PlatformsR StocksTrader, MT4, MT5, TradingView
Minimum Deposit$10
Minimum Trade0.01 Lots
Leverage1:2000
Account CurrenciesUSD, EUR

Pros

  • The broker offers leverage up to 1:2000 for certain account types, which is among the highest in the industry. This high leverage allows day traders to maximize their trading potential, albeit with a corresponding increase in risk.
  • RoboForex secured the 'Best Forex Broker 2025' title in DayTrading.com's Awards after broadening their FX offering, cutting spreads and opening up services in various countries.
  • RoboForex offers over 12,000 instruments, providing more short-term trading opportunities than the vast majority of online brokers, with forex, stocks, indices, ETFs, commodities, and futures.

Cons

  • RoboForex provides a variety of account types, which, while offering flexibility, can be overwhelming for newer traders trying to choose the most suitable option for their trading style. Alternatives, notably eToro, provide a smoother entry into online trading with one retail account.
  • Despite offering a range of platforms, RoboForex still doesn't support the increasingly popular cTrader. This might deter traders who prefer this specific platform for their day trading activities and is available at firms like Fusion Markets.
  • Despite 15+ years in the industry and registering with the Financial Commission, RoboForex is authorized by one ‘Red-Tier’ regulator – the IFSC in Belize, lowering the level of regulatory protections for traders.

Comparing Short Selling Brokers

Based on our exhaustive tests, the best brokers for short selling are trusted and offer a range of markets, low fees, excellent platforms, and accessible minimum deposits.

We unpack these comparison factors and our methodology below.

Trust

When we put together this list, our top priority was choosing trustworthy short selling brokers.

Only those who meet our stringent trust standards, including having up-to-date regulatory credentials and earning a solid reputation with our in-house experts, make the cut.

  • eToro continues to distinguish itself through its stellar record with 25+ million users and authorization from multiple tier-one regulators including the US SEC and UK FCA.

Markets

Short selling brokers provide opportunities to profit when an asset’s price decreases, either through products like contracts for difference (CFDs) or by directly loaning the asset, such as stocks, to traders to rebuy later at a lower price.

We look for short selling brokers that offer a diverse range of markets, ensuring traders can capitalize on shorting opportunities across company shares, stock indices, currencies, or crypto tokens.

  • AvaTrade excels for its extensive market offerings, allowing short positions through CFDs across 1,250+ stocks, indices, forex, commodities, and cryptocurrencies.

Fees

Short selling fees on Moomoo app
Moomoo – short selling fees

Short selling can involve certain fees including transaction costs, interest charged on borrowed funds, as well as standard interest rates on margin accounts.

We only select short selling brokers that offer highly competitive rates, but more than this we seek out those that offer good value for money by reviewing the total costs and how the services on offer weigh up.

Brokers frequently adjust their rates, so we also periodically review pricing structures to make sure short sellers have the latest information.

  • Moomoo shines for its low fees with zero commissions and competitive short selling rates that vary depending on daily market supply.

Platforms

Traders need a fast, smooth and responsive platform or app to get the best results while short selling.

However, what separates the best short selling brokers for us is their valuable insights into securities that can be shorted, including the quantity available and alerts to significant changes in short interest rates and costs, to support decision-making.

  • Interactive Brokers stands out with its comprehensive IBKR’s Securities Loan Borrow (SLB), offering real-time updates on shortable quantities, live and historical borrowing rates, and more throughout the day.

Account Minimums

Brokerages with low minimum deposits are the most accessible and allow traders of all stripes to test out brokers’ services and start shorting securities before risking substantial capital.

Recognizing the potential of margin trading for short sellers with limited funds, we favor brokers offering minimum deposits of $500 or less.

  • Webull excels as one of the most accessible short selling brokers with no minimum deposit.

Methodology

Compiling our list of the top short selling brokers involved a 5-step, hands-on approach:

  1. Regulatory credentials – We went beyond the details advertised, verifying each broker’s license on the relevant agency’s website to ensure it was valid.
  2. Trading fees – We compared fees comprehensively – examining commissions, interest on borrowing, and any additional costs – to ensure brokers offer a cost-effective environment for short sellers.
  3. Platform quality – Putting platforms and tools to the test, we actively placed paper trades, assessing their suitability specifically for short selling.
  4. Trading markets – We investigated the markets and instruments available for short selling to ensure users have ample trading opportunities.
  5. Account opening – Recognizing the importance of accessibility, we verified that the minimum deposit required to open an account was reasonable, helping new short sellers get started.

FAQ

What Is Short Selling?

Short selling involves borrowing an asset to sell it in a bet that its price will drop, allowing you to buy it back at a later date and pocket the difference in price (minus any fees).

Alternatively, short sellers can speculate on falling prices using derivatives like contracts for difference (CFDs), whereby you don’t take ownership of the underlying asset.

Can Anyone Short Sell?

Thanks to the wide availability of online brokers, it is easier than ever to short stocks and other securities today. If you are able to sign up with the brokers on our list, then you can start short selling.

What Are The Benefits Of Short Selling?

Shorting can be a lucrative trading strategy when it comes off. Asset prices do not normally rise indefinitely, and short selling gives traders an opportunity to anticipate price drops and make money from the inevitable.

What Are The Risks Of Short Selling?

If you had bought one Bitcoin in 2019 for $5000, the maximum amount you would have risked losing was $5000 if the price went to zero. But in fact, the price rose to a peak above $60,000, so if you had shorted Bitcoin you would have potentially lost more than $55,000 (excluding any fees).

This illustrates how a short trade can be riskier than a straightforward buy, as there is no limit to how high an asset’s price can rise.