Brokers With CZK Accounts

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Jemma Grist
Jemma is a writer, editor and fact-checker focused on retail trading and investing. Jemma brings a unique perspective to the forex, stock, and cryptocurrency markets and works across several investment websites as a researcher and broker analyst.
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James Barra
James is an investment writer with a background in financial services. He has worked as a management consultant, where he delivered large-scale operational transformational programmes at some of Europe's biggest banks. James authors, edits and fact-checks content for a series of investing websites.
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A Czech koruna (CZK) account is a trading account denominated in the Czech Republic’s currency. They are popular with Czech traders, allowing account holders to deposit, trade and withdraw in their local currency while helping to minimize conversion fees.

Discover the best brokers that offer accounts denominated in CZK following our extensive tests.

Best Brokers With CZK Accounts

Our findings show these are the 5 top trading platforms with CZK accounts:

Brokers With CZK Accounts Comparison

Brokers With CZK Accounts Comparison
Broker CZK Account Minimum Deposit Markets Regulator Visit
CityIndex logo
$0 CFDs, Forex, Stocks, Cryptos, Options, Commodities, Bonds ASIC, FCA, MAS Visit
Plus500 logo
$100 CFDs on Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto FCA, ASIC, CySEC, DFSA, MAS, FSA, FSCA, FMA, EFSA Visit
Easy Markets logo
€100 CFDs, Forex, Stocks, Cryptos, Commodities CySec, ASIC, BVI, FSCA Visit
Markets.com logo
$100 CFDs, Forex, Stocks, Commodities, Indices, Crypto, ETFs, Bonds, Spread Betting (UK Only) FCA, CySEC, ASIC, FSCA, FSC Visit
IronFX logo
$100 Forex, Indices, Shares, Futures, Commodities, Metals (all CFDs) CySEC, FCA, FSCA, BMA / Bermuda Visit
Alpari logo
$5 Forex, CFDs, Stocks, Commodities, Indices, Crypto FSC, SEBI, JFSA Visit
Revolut logo
$0 Stocks, Cryptos, Commodities - Visit
Admiral Markets logo
$100 Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs, bonds, spread betting FCA, CySEC, ASIC, JSC Visit
Expert Option logo
$10 Options, Stocks, Commodities, Forex, Crypto, Futures, SVGFSA Visit
Zacks Trade logo
$2500 Stocks, ETFs, Cryptos, Options, Bonds FINRA Visit

#1 - CityIndex

Why We Chose CityIndex

City Index is an established and award-winning forex, CFD and spread betting broker with top-tier global regulation, including in the UK (FCA) and Australia (ASIC). With 30+ years in the industry, 13,500+ instruments and 24/5 customer support, City Index is a solid pick for aspiring traders.

"City Index is best for new and intermediate traders looking for a wide selection of assets on user-friendly platforms."

- DayTrading Review Team
  • Instruments: CFDs, Forex, Stocks, Cryptos, Options, Commodities, Bonds
  • Regulator: ASIC, FCA, MAS
  • Platforms: MT4, TradingView, TradingCentral
  • Minimum Deposit: $0
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:30 (Retail), 1:50 (Accredited Investor), 1:200 (Sophisticated Investor), 1:300 (Wholesale Investor), 1:400 (Professional Trader). Varies with jurisdiction.

#2 - Plus500

Why We Chose Plus500

Established in 2008 and headquartered in Israel, Plus500 is a prominent brokerage that boasts over 25 million registered traders in over 50 countries. Specializing in CFD trading, the company offers an intuitive, proprietary platform and mobile app. It maintains competitive spreads and does not charge commissions or deposit or withdrawal fees. Plus500 also continues to shine as one of the most trusted brokers with licenses from reputable regulators, including the FCA, ASIC and CySEC.

"Plus500 offers a super-clean experience for traders with a CFD trading platform that sports a modern design and dynamic charting. That said, the broker’s research tools are limited, fees trail the cheapest brokers, and there’s room for enhancement in its educational resources."

- DayTrading Review Team
  • Instruments: CFDs on Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto
  • Regulator: FCA, ASIC, CySEC, DFSA, MAS, FSA, FSCA, FMA, EFSA
  • Platforms: WebTrader, App
  • Minimum Deposit: $100
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:30

#3 - Easy Markets

Why We Chose Easy Markets

Founded in 2001, easyMarkets is a multi-regulated forex broker offering leveraged trading opportunities on forex, stocks, indices, commodities and crypto. With fixed spreads, an affordable initial deposit, regulation from several reputable bodies and a diverse selection of account currencies, this broker provides simple and straightforward trading solutions to a diverse range of traders.

"Casual traders who want a secure and straightforward trading environment will find a good broker in easyMarkets. The fixed spreads and upfront fees will also appeal to newer traders and cost-conscious investors."

- DayTrading Review Team
  • Instruments: CFDs, Forex, Stocks, Cryptos, Commodities
  • Regulator: CySec, ASIC, BVI, FSCA
  • Platforms: MT4, MT5, TradingView
  • Minimum Deposit: €100
  • Minimum Trade: Variable
  • Leverage: 1:30

#4 - Markets.com

Why We Chose Markets.com

Markets.com is a respected broker, offering multi-asset trading opportunities through CFDs or spread betting (UK only). Established in 2008, the brand has an impressive 4.3 million registered customers and is overseen by trusted regulators, including the FCA, ASIC and CySEC. 79.1% of retail accounts lose money.

"Markets.com is best for active traders looking for a regulated broker with low fees and fast execution speeds of 82ms. Beginners will also enjoy the in-house platform with its user-friendly interface, clear navigation and dynamic charts."

- DayTrading Review Team
  • Instruments: CFDs, Forex, Stocks, Commodities, Indices, Crypto, ETFs, Bonds, Spread Betting (UK Only)
  • Regulator: FCA, CySEC, ASIC, FSCA, FSC
  • Platforms: Markets.com Web/App Platform, MT4, MT5
  • Minimum Deposit: $100
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:30

#5 - IronFX

Why We Chose IronFX

IronFX is a multi-regulated forex and CFD broker founded in 2010. This award-winning firm offers 500+ markets to over 1.5 million clients across 180 countries. Traders can access various account types with competitive pricing on the MT4 platform, as well as 24/5 customer support in 30 languages.

"IronFX remains a good choice for experienced forex traders looking to trade with fixed or floating spreads. The range of 80+ currencies is more than many competitors and there are some excellent forex market research tools on offer."

- DayTrading Review Team
  • Instruments: Forex, Indices, Shares, Futures, Commodities, Metals (all CFDs)
  • Regulator: CySEC, FCA, FSCA, BMA / Bermuda
  • Platforms: MT4, AutoChartist, TradingCentral
  • Minimum Deposit: $100
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:30 (FCA), 1:30 (CySEC), 1:500 (FSCA), 1:1000 (BM)

How Did We Choose The Best Brokers?

To list the top trading platforms with CZK accounts we:

  • Used our database comprising 500 brokers and trading platforms
  • Identified all those providing an account denominated in Czech koruna
  • Sorted them by their rating, blending 100+ data entries with the direct experiences of our experts

What Is A CZK Account?

A CZK account is a trading account where the base currency is denominated in the Czech koruna.

All trades (opening and closing positions) and non-trading transactions (deposits and withdrawals) are conducted in CZK.

Below you can see an example where I opened a CZK-based trading account at IronFX.

Live account registration form at IronFX, showing CZK base currency option
IronFX – Account Registration

Do I Need A CZK Trading Account?

This type of account may be suitable if:

  • You live in the Czech Republic and earn or save in the CZK because it’s cost-effective to have a trading account in the same currency.
  • You trade currency pairs with a CZK component, for example, the EUR/CZK and USD/CZK, because it simplifies calculating profits and losses.
  • You trade Czech stocks listed on the Prague Stock Exchange because they could help you avoid frequent conversion costs.

How Can I Check If A Broker Offers An Account In Czech Koruna?

Follow these simple steps, which we used to verify that every one of our recommended brokers offers a CZK account:

  1. Navigate to the account options page on the broker’s website to see if there’s a list of ‘base currencies’ or similar.
  2. Check that ‘CZK’ is listed as a supported account currency for your location.
  3. Sign up for a live or demo account and click ‘CZK’ as your preferred currency.
💡
It can be time-consuming to change your account from CZK once activated, so make sure you’re comfortable before registering.

Pros & Cons Of CZK Trading Accounts

Pros

  • Brokers with koruna accounts are more likely to tailor their trading services to Czech traders in other ways, for example, providing stocks listed on the Prague Stock Exchange (PSE) and forex pairs containing the CZK, such as EUR/CZK.
  • They reduce/eliminate currency conversion fees on koruna deposits, whereas if you deposited koruna into an IG trading account based in US Dollars, for example, you would be charged a 0.8% FX conversion fee in addition to the current exchange rate from multiple banks.
  • Our analysis shows brokers with CZK accounts are often authorized by a European regulator that complies with the EU MiFID directive, providing excellent safeguards for retail traders across Europe, including the Czech Republic, notably negative balance protection.
  • For Czech traders, especially day traders, being able to manage many trades and navigate frequent costs is more convenient when everything is based in the currency you are familiar with.

Cons

  • Despite a rising number of platforms supporting CZK accounts, they remain relatively rare (less than 10% of the brokers we’ve tested), reducing the pool of high-quality brokers to choose from.
  • Although the CZK is a relatively stable currency, in part because of its strong economic ties with Europe, holding funds in the currency may expose you to any fluctuations in the koruna following geopolitical pressures in the Czech Republic.
  • The Czech koruna exhibits lower trading volumes than major currencies like the USD and EUR, so investors trading CZK with other currencies may incur higher spreads.
  • Active traders dealing in overseas assets, such as US stocks, may need to pay a conversion fee if depositing and managing trades in the koruna.

FAQ

Which Is The Best Broker With A CZK Account?

Use our list of the top brokers with CZK accounts to find the platform that best meets your needs.

How Much Does It Cost To Open A Trading Account Based In Czech Koruna?

Our analysis of around 500 brokers, including over 10 that offer a CZK account, shows you normally need up to 250 USD, or around 5,800 CZK.

That said, DEGIRO and Revolut stand out with no minimum deposit in CZK, making them superb options for beginner traders.

Article Sources

The writing and editorial team at DayTrading.com use credible sources to support their work. These include government agencies, white papers, research institutes, and engagement with industry professionals. Content is written free from bias and is fact-checked where appropriate. Learn more about why you can trust DayTrading.com