Brokers With CZK Accounts
Written By
Jemma Grist
Written By
Jemma Grist
Edited By
James Barra
Edited By
James Barra
Updated
Oct 4, 2024
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 6 top trading platforms with CZK accounts:
Here is a short summary of why we think each broker belongs in this top list:
- Crypto.com - Crypto.com is one of the biggest names in cryptocurrency trading, developed with the aim to expedite the world's transition to DeFi technologies. The crypto exchange offers token lending, pre-paid cards, NFTs and more. The firm was established in Germany in 2016 and its quality is proven by its 150 million users.
- Dukascopy - Established in 2004, Dukascopy Bank SA is a Swiss online bank and brokerage providing short-term trading opportunities on 1,200+ instruments, including binaries. A choice of accounts (JForex, MT4/5, Binary Options) and sophisticated platforms (JForex, MT4/MT5) deliver powerful tools and market data for active traders.
- Zacks Trade - Zacks Trade is a FINRA-regulated US broker offering trading on stocks, ETFs, cryptocurrencies, bonds and more through a proprietary terminal. The broker is geared toward active traders and offers very affordable fees on most assets as well as an app and a vast amount of market data.
- 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.
- Markets.com - Established in 2008, Markets.com is a long-standing, multi-regulated broker with oversight from the CySEC and FSCA. It offers unique features to track hedge fund moves and insider trades, while providing stock signals to alert traders to market opportunities. Its choice of accounts (Classic to Professional) caters to all levels of active trader. 72.3% of retail accounts lose money.
- City Index - Established in 1983 and now a part of the Nasdaq-listed StoneX Group, City Index is a renowned and award-winning broker specializing in forex, CFDs, and spread betting. Offering over 13,500 instruments, an evolving Web Trader platform, top-tier educational resources, and 24/5 customer support, City Index delivers a comprehensive trading experience.
Brokers With CZK Accounts Comparison
| Broker | CZK Account | Minimum Deposit | Markets | Regulator |
|---|---|---|---|---|
| Crypto.com | ✔ | $0 | Crypto, Stocks, ETFs | SEC, FCA, MAS, AMF, CySEC, CBI, ASIC, FINTRAC, CIMA, VARA, OAM, HCMC, CFTC, OSC, KoFIU |
| Dukascopy | ✔ | $100 | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options | FINMA, JFSA, FCMC |
| Zacks Trade | ✔ | $2500 | Stocks, ETFs, Cryptos, Options, Bonds | FINRA |
| Plus500 | ✔ | $100 | CFDs on Forex, Stocks, Indices, Commodities, ETFs, Options, Crypto | FCA, ASIC, CySEC, DFSA, MAS, FSA, FSCA, FMA, EFSA |
| Markets.com | ✔ | $200 | CFDs, Forex, Stocks, Commodities, Indices, Crypto, ETFs, Bonds | CySEC, FSCA, SVGFSA |
| City Index | ✔ | $0 | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Futures, Options, Bonds, Interest Rates,ETFs,Spread Betting | FCA, ASIC, CySEC, MAS |
Crypto.com
"Crypto.com is a snug fit for aspiring crypto traders who want to buy, sell and trade over 400 digital tokens. The interest paid on idle funds and intuitive staking opportunities also provide passive investing opportunities."
Christian Harris, Reviewer
Crypto.com Quick Facts
| Demo Account | No |
|---|---|
| Instruments | Crypto, Stocks, ETFs |
| Regulator | SEC, FCA, MAS, AMF, CySEC, CBI, ASIC, FINTRAC, CIMA, VARA, OAM, HCMC, CFTC, OSC, KoFIU |
| Platforms | Own |
| Minimum Deposit | $0 |
| Minimum Trade | $1 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, ZAR, TRY, SEK, NOK, DKK, CHF, HKD, PLN, CZK, AED, SAR, HUF, BRL, KES |
Pros
- The Crypto.com Exchange platform offers sophisticated bots, including Dollar Cost Averaging (DCA), Time-Weighted Average Price (TWAP), and Grid Trading bots. These tools allow traders to automate strategies, including leveraged perpetual trades, minimizing manual effort and slippage.
- Crypto.com uses a cold wallet solution that integrates multi-signature technology and geographic distribution to enhance security. This approach ensures robust protection of user assets with highly secure offline storage.
- The platform supports unified portfolio tracking across cryptocurrencies, stocks, ETFs, and more recently prediction markets, all within a single interface, simplifying asset management for multi-asset traders and providing consolidated insights.
Cons
- Withdrawal fees apply to crypto transfers and fiat withdrawals, and these can be significant for active traders making smaller transfers. The minimum withdrawal limits are also relatively high, which restricts flexibility for managing smaller portfolios or quick liquidity needs.
- Customer support primarily relies on chatbots and email, with limited reliable phone support from our testing. This can lead to delays in resolving urgent issues, such as account access or transaction problems, which can be frustrating for crypto day traders who need quick assistance.
- The app's high bid-ask spreads on many coins can be costly for traders placing market orders. Wide spreads mean the price you pay when buying is noticeably higher than the price you receive when selling, cutting into profits, especially on lower-volume trades.
Dukascopy
"Dukascopy suits binary traders seeking the peace of mind of using a well-known brokerage whose banking services are regulated by FINMA in Switzerland, with legitimacy and credibility that’s a step up from most offshore firms. Dukascopy is particularly good for experienced binary traders, especially those seeking automation through chained option contracts. "
Dukascopy Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options |
| Regulator | FINMA, JFSA, FCMC |
| Platforms | JForex, MT4, MT5 |
| Minimum Deposit | $100 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:200 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, JPY, ZAR, TRY, SEK, NOK, DKK, CHF, HKD, SGD, PLN, CZK, AED, SAR, HUF, MXN |
Pros
- Dukascopy features some of the best research we’ve seen, even a professional TV studio in Geneva covering financial news, market analysis, and daily insights from professionals.
- The proprietary JForex platform is highly advanced, offering tools for algorithmic trading, extensive charting, and access to deep liquidity for short-term traders.
- Dukascopy is regulated by the Swiss Financial Market Supervisory Authority (FINMA) as both a broker and a bank, ensuring top-tier financial security and adherence to strict standards.
Cons
- Dukascopy's withdrawal fees are higher than most competitors we’ve tested, particularly for bank wire transfers, which may deter traders who require frequent access to their funds.
- While Dukascopy provides some educational resources and 24/7 support, the complexity of its platforms and tools required extensive testing and may overwhelm newer traders.
- While JForex is feature-rich, it has a steep learning curve, making it less suitable for beginner traders who might prefer simpler platforms.
Zacks Trade
"Zacks Trade will suit active day traders with experience using powerful platforms. Fees and margin rates are low while the market research is excellent."
Tobias Robinson, Reviewer
Zacks Trade Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | Stocks, ETFs, Cryptos, Options, Bonds |
| Regulator | FINRA |
| Platforms | Own |
| Minimum Deposit | $2500 |
| Minimum Trade | $3 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, TRY, SEK, NOK, DKK, CHF, HKD, SGD, RUB, PLN, CZK, HUF |
Pros
- 20+ account denominations
- Regulated by FINRA with access to the Securities Investor Protection Corporation
- Customizable proprietary trading platform and mobile app
Cons
- Withdrawal fees apply if removing funds more than once per month
- Shortcomings regarding platform loading times and technical glitches
- No forex, commodities or futures trading
Plus500
"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."
Plus500 Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs on Forex, Stocks, Indices, Commodities, ETFs, Options, Crypto |
| Regulator | FCA, ASIC, CySEC, DFSA, MAS, FSA, FSCA, FMA, EFSA |
| Platforms | WebTrader, App |
| Minimum Deposit | $100 |
| Minimum Trade | Variable |
| Leverage | Yes |
| Account Currencies | USD, EUR, GBP, AUD, ZAR, CZK |
Pros
- In 2025 Plus500 added new share CFDs in emerging sectors like quantum computing and AI, offering opportunities in stocks like IonQ, Rigetti, Duolingo, and Carvana.
- Plus500 provides a specialized WebTrader platform designed explicitly for CFD trading, offering a clean and uncluttered interface
- The customer support team continue to provide reliable 24/7 support via email, live chat and WhatsApp
Cons
- Compared to some competitors, especially IG, Plus500’s research and analysis tools are limited
- Algo trading and scalping are not supported, which may deter some day traders
- The absence of social trading means users can’t follow and replicate the trades of experienced traders
Markets.com
"Markets.com is best suited to retail investors who trade frequently but don’t want to calculate commissions, thanks to its spread-only pricing (EUR/USD around 1.3 pips). It especially appeals to short-term traders who value fast execution, flexible asset choice spanning 2,200+ instruments and proprietary tools like hedge fund confidence indices and insider trade alerts."
Markets.com Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Stocks, Commodities, Indices, Crypto, ETFs, Bonds |
| Regulator | CySEC, FSCA, SVGFSA |
| Platforms | Web Platform, MT4, MT5, TradingCentral |
| Minimum Deposit | $200 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:500 |
| Account Currencies | USD, EUR, GBP, AUD, ZAR, SEK, NOK, DKK, CHF, PLN, CZK |
Pros
- Switching between the proprietary web platform (great for alerts and quick analysis) and MT5 (strong for algorithmic EAs) was smooth in our tests; positions synced across desktop, web, and mobile without gaps or re-quotes.
- Markets.com’s Hedge Fund Confidence and Insider Trading tools pulls SEC filings into the dashboard within 24 hours of disclosure, helping to spot fund moves and C-suite buys before most retail newsfeeds updated.
- Within the 2,200+ CFDs, Markets.com offers thematic baskets like the Warren Buffett Blend and Cannabis Blend, which behaved like ready-made mini-ETFs during testing, saving the work of balancing weights manually.
Cons
- During sign-up, we hit unclear account type explanations and got stuck in an email verification loop that locked us out for an hour - way less streamlined than other brokers we’ve tested.
- The proprietary web platform felt a bit basic once we pushed into advanced charting with fewer drawing/indicator options than full TradingView or MetaTrader.
- While CySEC and FSCA oversight is solid, the SVGFSA entity offers 1:500 leverage under a light-touch framework, meaning protections like compensation schemes and strict conduct rules lag behind the strictest regulatory standards.
City Index
"City Index is a great match for active traders, with ultra-fast execution speeds averaging 20ms, a highly customizable web platform featuring 90+ technical indicators, and some of the best education we’ve seen."
City Index Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Futures, Options, Bonds, Interest Rates,ETFs,Spread Betting |
| Regulator | FCA, ASIC, CySEC, MAS |
| Platforms | Web Trader, 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. |
| Account Currencies | USD, EUR, GBP, AUD, PLN, CZK |
Pros
- City Index provides versatile trading platforms for all skill levels. The intuitive Web Trader platform is ideal for beginners, while support for MetaTrader 4 (MT4) and TradingView adds robust analysis and automation features, ensuring a flexible experience for traders of all levels.
- City Index is regulated by top-tier authorities like the FCA (UK), ASIC (Australia), and MAS (Singapore), while its ownership by StoneX Group Inc., a listed company, further reinforces its credibility.
- City Index boasts 13,500+ markets spanning forex, indices, shares, commodities, bonds, ETFs, and interest rates, with the platform's inclusion of niche markets like interest rates offering unique trading avenues not always found elsewhere.
Cons
- While many brokers like eToro have expanded their crypto offerings, City Index only provides crypto CFDs, and the limited range may not satisfy traders looking for a broader selection of altcoins.
- City Index lacks an Islamic account with swap-free trading conditions, making the broker less appealing to Muslim traders compared to providers like Eightcap and Pepperstone.
- Unlike brokers such as AvaTrade and BlackBull, City Index does not provide passive investment opportunities like social copy trading, or real stock or ETF ownership, making it less appealing for hands-off trading.
How Did We Choose The Best Brokers?
To list the top trading platforms with CZK accounts we:
- Used our database comprising 230 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.
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:
- Navigate to the account options page on the broker’s website to see if there’s a list of ‘base currencies’ or similar.
- Check that ‘CZK’ is listed as a supported account currency for your location.
- 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 230 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