Brokers With EUR Accounts

Brokers with EUR accounts are a popular choice among traders based in Europe. They also appeal to FX traders who deal in large quantities of Euros. Our guide to brokers with EUR accounts explains how they work, their advantages, plus how to get started. We also list the leading online brokers with EUR accounts below.

Brokers With EUR Accounts

These are the 10 best brokers that offer accounts with EUR as the base currency:

#1 - Forex.com

Forex.com boasts a global reputation with multiple awards and 20+ years experience. Regulated in the US, EU, UK and Canada they provide a huge range of markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders.

"Forex.com is an excellent broker for forex traders with over 80 currency pairs, tight spreads, low commissions and powerful platforms. The brand is also heavily regulated while its parent company is listed on the NASDAQ, giving it a high trust score."

- DayTrading Review Team
  • Instruments: Forex, Spot Metals
  • Regulator: NFA, CFTC
  • Platforms: MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral
  • Min. Deposit: $100
  • Min. Trade: 0.01 Lots
  • Leverage: 1:50

Forex Trading

Forex.com is a leading FX broker. The brand offers a wide range of currency pairs and some of the lowest fees in the industry. Spreads on the EUR/USD come in as low as 0.0 with a $7 commission per $100k.

Stocks Trading

Forex.com offers access to thousands of US, EU and UK stocks, with spreads of just 1 point. Speculate on household names as well as new IPOs. US stocks are available from just 1.8 cents per share.

Pros

  • Beginner-friendly web platform and mobile app
  • VPS hosting for automated strategies
  • Free demo account for prospective traders

Cons

  • $15 monthly inactivity fee
  • No copy trading platform
  • Investment offering varies between countries

#2 - OANDA US

OANDA is a popular brand offering exceptional execution, low deposit requirements and advanced charting and trading platform features. The top-rated brand has over 25 years of experience and is regulated by trusted agencies, including the NFA/CFTC. Around the clock support is available, alongside flexible contract sizes and automated trade executions.

"We recommend OANDA for US traders seeking a user-friendly platform with premium market research and a straightforward joining process. OANDA is a particularly good pick if you want a heavily regulated broker with a secure trading environment."

- DayTrading Review Team
  • Instruments: Forex, Crypto
  • Regulator: NFA, CFTC
  • Platforms: MT4, TradingView, AutoChartist
  • Min. Deposit: $0
  • Min. Trade: 0.01 Lots
  • Leverage: 1:50

Forex Trading

OANDA offers 68 forex pairs, more than many alternatives. The broker's in-house platform also offers impressive execution speeds and a suite of advanced charting and analysis tools.

Crypto Trading

Speculate on the world's biggest cryptos by market cap. Commissions are lower than many peers starting at 0.25%. Clients can spot trade cryptocurrencies on Paxos's itBit exchange through the OANDA platform via OANDA’s partnership with Paxos. Users can trade digital currencies in a few taps through the iOS and Android mobile app.

Pros

  • API facilitates access to 25 years of historical data and rates from 200+ currencies
  • Wide selection of instruments including 68 forex pairs
  • US clients accepted

Cons

  • Customer support not available on the weekend

#3 - IG Group

IG is an award-winning broker that has an excellent reputation globally. The brand-US offers spread betting, CFD and forex trading across a comprehensive suite of markets. IG is also multi-regulated, provides a great trading app and has 50 years experience.

"IG offers a superb all-round package. Beginners will appreciate the user-friendly web platform and secure trading environment while established investors will rate the 17,000+ markets and top-tier market research."

- DayTrading Review Team
  • Instruments: CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting
  • Regulator: FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA
  • Platforms: MT4, AutoChartist, TradingCentral
  • Min. Deposit: $0
  • Min. Trade: 0.01 Lots
  • Leverage: 1:30 (Retail), 1:250 (Pro)

CFD Trading

IG offers an impressive suite of 17,000+ CFD instruments. Negative balance protection ensures accounts cannot drop below zero while custom price alerts and the IG Academy enhance the trading experience.

Forex Trading

IG offers currency trading on its award-winning web platform and mobile app. Comprehensive charts and forex analysis tools are also available through ProRealTime.

Stocks Trading

IG offers 13,000+ shares, with more listed firms than most competitors. Fees are low with no commission on US stocks. Extended hours trading is also available alongside ultra-fast execution speeds of 0.014 seconds.

Crypto Trading

11 popular cryptos are available, plus two crypto crosses. A crypto index is also offered, following the value of the top 10 digital currencies by market cap. All cryptos are available via CFDs.

Pros

  • 24/5 customer support is available
  • Share dealing and ISAs are available for longer term investing
  • Opening an account takes less than 5 minutes

Cons

  • No copy trading platform
  • Inactivity charge

#4 - IQCent

IQCent is an offshore binary options and CFD broker based in the Marshall Islands with 10+ payment methods and a low $50 starting deposit. With 100+ assets, around the clock trading and high payouts the brand is popular with aspiring traders.

"IQCent will appeal to newer traders who want a platform where they can trade both binary options and CFDs with copy trading support and regular contests."

- DayTrading Review Team
  • Instruments: Binary Options, CFDs, Forex, Stocks, Indices, Commodities, Crypto
  • Regulator: IFMRRC
  • Platforms: TradingView
  • Min. Deposit: $250
  • Min. Trade: $0.01
  • Leverage: 1:500

CFD Trading

IQCent CFDs are available on forex, stocks, indices, commodities and cryptos with leverage variable by asset to a maximum of 1:500, which is higher than many alternatives. 24/7 customer support is also available to assist new users.

Forex Trading

IQCent traders can access CFDs or binary options on 40+ forex pairs, including majors, minors and exotics. CFD spreads start from 0.7 pips and binary options payouts are decent up to 95%. Trading takes place through the broker's proprietary platform with advanced analysis tools.

Stocks Trading

IQCent offers CFDs and binaries on four German stocks: Lufthansa, Deutsche, Daimler and BMW. Traders can also speculate on stock markets via seven leading indices including US30, S&P500 and FTSE100.

Crypto Trading

IQCent offers 17 crypto assets through its own platform, including Bitcoin, Ethereum and Litecoin. Leverage on crypto CFDs is limited to 1:10 while binary options payouts vary by token but are competitive.

Pros

  • Regular technical and fundamental analysis published
  • Copy trading service
  • Trading contests with cash prizes

Cons

  • A short period before an inactivity fee is charged
  • Not overseen by any highly respected regulator
  • No MetaTrader 4 platform

#5 - Videforex

Videforex offers access to stock, index, crypto, forex and commodities markets via binary options and CFDs. The proprietary platform, mobile app and integrated copy trading are user-friendly and will suit new and casual traders, and the market analysis tools and trading contests provide good ways to improve your trading skills.

"Newer traders will find a lot to enjoy about trading binary options on Videforex's easy-to-use proprietary platform, as well as the broker's copy trading solution. Payouts are also higher than most alternatives climbing to 98%."

- DayTrading Review Team
  • Instruments: Binary Options, CFDs, Forex, Indices, Commodities, Crypto
  • Platforms: TradingView
  • Min. Deposit: $250
  • Min. Trade: $0.01
  • Leverage: 1:500

CFD Trading

Videforex CFDs are available on forex, indices, cryptocurrencies and commodities with up to 1:500 leverage and tight spreads from near zero. CFDs incur a commission fee of 1%–2.5% and up to 5% for leveraged trades.

Forex Trading

Trade 35 major, minor and exotic forex pairs through CFDs with floating spreads from 0.1 pips. Alternatively, binary options allow you to speculate on rising and falling prices with a fixed stake and payout.

Stocks Trading

Trade binary options and CFDs on global stocks from US, European, Russian and Asian exchanges, as well as 37 indices covering a wide range of global markets. The access to stocks trumps many binary options brokers.

Crypto Trading

Traders can speculate on crypto prices in pairs with USD and CNY through binary options and CFDs. The range of digital currencies is fairly narrow vs alternatives but major tokens like Bitcoin are available.

Pros

  • The support time are fast and reliable. Very few brokers offer 24/7 multi-lingual video support
  • Earn up to 98% payouts on 100+ assets with the broker’s binary options
  • Mirror the trades of experienced investors with low fees

Cons

  • No MetaTrader 4 integration
  • US clients aren’t accepted due to legal restrictions
  • The broker isn’t overseen by a trusted regulatory agency

#6 - CEX.IO

CEX.IO is one-stop-shop for crypto investors where you can buy and sell popular digital tokens, speculate on prices with margin trading and earn rewards through staking. Since it launched in 2013, more than five million traders have deposited over $7.5 billion. CEX.IO is registered with the FinCEN in the US and the GFSC in the EU.

"CEX.IO will serve a range of crypto investors looking to buy, sell, trade, hold and earn. The tiered pricing structure will appeal to active traders while rookie investors will enjoy the straightforward platform interface and excellent education."

- DayTrading Review Team
  • Instruments: Crypto
  • Regulator: GFSC
  • Platforms: TradingView
  • Min. Deposit: $20
  • Min. Trade: $1

Crypto Trading

CEX.IO offers hundreds of popular cryptocurrencies including big names like Bitcoin, Ethereum and Litecoin. The trading platform is well-designed with sophisticated charting and analysis tools. Traders can also reduce their monthly volumes through the tiered pricing structure.

Pros

  • Trusted crypto exchange with 5+ million users
  • Charting package from TradingView
  • Wide range of payment methods including PayPal

Cons

  • High deposit and withdrawal fees
  • Cluttered interface on Exchange Plus
  • No demo account

#7 - Uphold

Uphold is a cryptocurrency trading app that allows users to buy, trade and transfer digital assets including 230+ crypto tokens. The app's trading environment also allows crypto staking, trading between various company stocks, and provides users with a debit card that provides rewards and easy multi-currency payments.

"Uphold provides a convenient one-stop option for investors who want a quick and straightforward way to access crypto markets. It will also serve users looking for crypto staking facilities."

- DayTrading Review Team
  • Instruments: Cryptos, Precious Metals, US Stocks, Environmental Assets
  • Regulator: FCA, FinCEN
  • Platforms: Own
  • Min. Deposit: $0
  • Min. Trade: $1

Stocks Trading

Speculate on large US stocks including Tesla, Amazon, Alibaba and Apple. Uphold also offers equities that will appeal to ESG investors, helping it to stand out from competitors.

Crypto Trading

Buy and sell 250+ crypto assets with fiat currencies or in crypto pairs using a straightforward mobile app or through Uphold's browser-based account homepage. Uphold clients can also earn up to 13% APY by staking one or more out of 32 valid tokens, or send their tokens to an external wallet.

Pros

  • Earn returns on dozens of tokens through crypto staking
  • Secure, slick and convenient app that will satisfy most investors' crypto needs
  • Useful extra features including a debit card that provides cashback on purchases and fee-free foreign currency transactions

Cons

  • Limited customer service contact options
  • Not as many crypto assets as the most cutting-edge exchanges
  • Limited charting and analysis options compared to specialist exchanges and platforms

#8 - ForexChief

ForexChief is a foreign exchange and CFD broker, established in 2014. The company is based offshore and registered with the VFSC and FMA. Users can choose between a wide selection of accounts and base currencies, making ForexChief accessible to global traders. The brand also stands out for its no deposit bonus and fee rebates for high-volume traders.

"ForexChief will prove popular with investors looking to trade highly leveraged CFDs on the popular MetaTrader platforms. The large welcome bonus and low starting deposit will also appeal to new traders."

- DayTrading Review Team
  • Instruments: CFDs, Forex, Metals, Commodities, Stocks, Indices
  • Regulator: VFSC
  • Platforms: MT4, MT5
  • Min. Deposit: $10
  • Min. Trade: 0.01 Lots
  • Leverage: 1:1000

CFD Trading

ForexChief offers a competitive range of CFDs, encompassing crypto, indices, energies and metals. A clear pricing schedule is available to clients with no hidden charges. Traders can also access very high leverage up to 1:1000.

Forex Trading

ForexChief supports spot foreign exchange trading on all account types for 40+ major, minor and exotic currency pairs on the leading MT4 and MT5 platforms. Spreads are tight starting from zero and there are no dealers or requotes.

Stocks Trading

ForexChief offers 100 US company stocks CFDs for MT4 DirectFX and Classic+ account holders. Investors can speculate on the price of some of the world's largest companies, including Apple and Coca Cola. Spreads start from 5.

Crypto Trading

ForexChief supports crypto trading with five major digital currencies paired against the US dollar. Traders can bet on rising and falling prices with leveraged CFDs and market-leading trading software.

Pros

  • Full range of investments including popular cryptos
  • Low margin rates
  • The low minimum deposit of $10 will appeal to beginners

Cons

  • Withdrawal fees on several payment methods
  • Limited market research
  • Weak regulatory oversight

#9 - Sage FX

SageFX is an offshore, unregulated CFD broker that offers highly leveraged trading on forex, stocks, commodities, indices and crypto via the TradeLocker platform. Traders can access commission-free trading or an ECN account with tight spreads. While the broker's regulatory status is weak, it does provide segregated accounts and two-factor authentication.

"Sage FX will suit forex traders looking for high leverage and ECN spreads. The broker's prop trading service will also appeal to users looking for funded accounts with up to $200K available."

- DayTrading Review Team
  • Instruments: Forex, indices, cryptos
  • Regulator: Pending
  • Platforms: TradeLocker
  • Min. Deposit: $10
  • Min. Trade: 0.01 Lots
  • Leverage: 1:500

CFD Trading

Trade CFDs on forex, stocks, metals, energies, indices, cryptos and dollar futures. Sage FX offers tight spreads and high leverage on all instruments from 1:100 to 1:500.

Forex Trading

Trade 7 major, 21 minor and 29 exotic forex pairs with high leverage and a choice between STP or ECN accounts. Support is available around the clock and the TradeLocker forex software is provided.

Stocks Trading

Speculate on price movements of 37 US and European blue chip stock CFDs, including Adidas, Intel and Volkswagen. On the negative side, the selection of stocks is limited vs alternatives and direct share dealing isn't provided.

Crypto Trading

Trade CFDs with leverage up to 1:100 on 23 crypto pairs with USD including popular tokens like Bitcoin and Ether and lesser-known options like OMG. On the downside, crypto-only pairs are not offered.

Pros

  • Low starting deposit from $10
  • Ability to deposit and withdraw via Bitcoin
  • Prop trading accounts with multiple funding tiers

Cons

  • Lacks educational resources and other extra features
  • Relatively narrow range of asset classes
  • Not regulated by any reputable body

#10 - Revolut

Revolut is a popular financial app that also offers trading on stocks, metals and digital currencies. The brand has over 25 million users worldwide with a choice of accounts, tools and services to suit different needs and budgets, including online investing and currency exchange.

"Revolut is suitable for casual stock traders looking for an easy-to-use app with transparent fees and a low minimum investment."

- DayTrading Review Team
  • Instruments: Stocks, Cryptos
  • Regulator: FINRA, SEC
  • Platforms: Own
  • Min. Deposit: $0
  • Min. Trade: $1

Stocks Trading

Buy and own thousands of shares commission-free, including blue chip companies like Apple and Microsoft from the NYSE and NASDAQ exchanges. Fractional shares also allow investments from as little as $1, which will appeal to beginners and those on a budget.

Crypto Trading

Invest in 100+ crypto tokens using 30+ fiat currencies. You can buy, sell and transfer cryptos on the iOS and Android app. We like that traders can also choose to round up leftover cash from card transactions in crypto and use their crypto balance to make card payments.

Pros

  • Good range of account types with different perks and fees
  • Straightforward joining process
  • 24/7 live chat support

Cons

  • Relatively narrow product range
  • No margin trading
  • No advanced trading platform

What Is A EUR Account?

As the name suggests, a Euro trading account allows clients to deposit funds, trade capital and withdraw profits in EUR. Any commissions, account charges and bonuses will be paid in Euros. It also means that if you deposit cash in US Dollars, that your capital will automatically be converted into Euros.

Brokers that accept EUR accounts

Many of the best brokers offer EUR trading accounts given its position as a world-leading currency, including a long list of regulated providers.

Pros Of Brokers With EUR Accounts

For many investors in Europe, a EUR account is an obvious choice, offering a smooth transition between day-to-day life and retail trading activity. Clients also won’t need to pay any currency conversion fees if they already hold Euros. An additional benefit is that many of the top brokers with EUR accounts are regulated by the Cyprus Securities & Exchange Commission (CySEC).

As a leading currency, Euro accounts interact seamlessly with major deposit solutions, including credit cards, e-wallets and bank transfers. As an established currency, it’s also the second most popular fiat trading account. This means prospective traders have a long list of options when starting out.

How To Check A Broker Offers A EUR Account

Checking whether a broker offers a EUR trading account is straightforward. Clients can head to the broker’s website and review the accounts section. Alternatively, the FAQ portal or customer support team may be able to confirm which base currencies are offered. When you register for a live account, there’s usually a drop-down menu of the available fiat currencies too.

If you do reach out to the customer support team, you shouldn’t have to wait more than a day for an email response while live chat and telephone support should offer immediate assistance.

How To Compare Brokers With EUR Accounts

When doing a comparison of brokers with EUR accounts, there are several things to consider. Firstly, you’ll want to check the fees. There may be account funding charges, commissions, floating spreads, plus fees for extra analysis tools. Brokers based in Europe will often display these charges in Euros, making them easier to follow.

Online brokers that accept EUR trading accounts

It’s also worth considering the assets offered. Do you want to trade the EUR/USD, EUR/CAD or EUR/AUD, for example?

Alternatively, does the broker offer equities on major European exchanges or cryptocurrencies such as Bitcoin? A paper trading account can be an effective way to trial new instruments before investing real cash.

Another important consideration is the trading platform offered.

Beginners may want to find brokers with a EUR account that offers the industry-leading MetaTrader 4 platform while advanced investors may want powerful, bespoke software. Again, a paper trading account is a good way to test the tools on offer before opening a live account.

Final Word On Brokers With EUR Accounts

Registering with a broker that offers a Euro trading account can help you manage your investment portfolio with ease. These popular accounts can help reduce currency conversion fees while facilitating direct access to major financial markets. Holding your capital in Euros is also relatively secure versus more volatile, exotic currencies. Use our list of the best brokers with EUR accounts to start trading today.

FAQ

Who Are The Top Brokers With EUR Accounts?

There is a long list of options when it comes to trading brokers offering accounts with Euro as the base currency. Plus 500, Pepperstone and CMC Markets are all popular brokers. Check out our table to find a platform that meets your needs.

How Much Money Do I Need to Start Trading With EUR Brokers?

Minimum deposits vary between platforms, though some brokers have capital requirements from just €1. See our guide to brokers with low minimum deposits.

Why Should I Open A EUR Trading Account?

Brokers with EUR accounts offer straightforward access to retail trading products for investors from Europe. They’re also popular with traders that deal in large quantities of Euros. Additionally, platforms with EUR accounts can help protect from inflation and tend to be regulated by reputable agencies.

Is My Money Safe In A EUR Brokerage Account?

Brokers with EUR accounts may offer a relatively stable base currency, but the financial markets are notoriously volatile. Traders will need to implement careful risk management tools to protect capital.

What Do I Need To Open A EUR Broker Account?

Most brokers with EUR accounts require basic contact details plus a copy of your passport/photo ID, utility bill or some sort of document to verify your identity. This is standard practice at regulated trading brokers.