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 5 best brokers that offer accounts with EUR as the base currency:

Brokers With EUR Accounts Comparison

Brokers With EUR Accounts Comparison
Broker Minimum Deposit Instruments Platforms Visit
AvaTrade logo
- CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting WebTrader, AvaTradeGO, AvaOptions, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade Visit
OANDA US logo
$0 Forex, Crypto OANDA Trade, MT4, TradingView, AutoChartist Visit
Deriv.com logo
$5 CFDs, Multipliers, Forex, Stocks, Indices, Commodities Deriv Trader, MT5 Visit
Pepperstone logo
$0 CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade Visit
XM logo
$5 Forex, Stock CFDs, Turbo Stocks, Indices, Commodities, Precious Metals, Energies, Shares, Crypto, Futures MT4, MT5 Visit
IC Markets logo
$200 CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade Visit
Eightcap logo
$100 CFDs, Forex, Stocks, Indices, Commodities MT4, MT5, TradingView Visit
LiteForex Europe logo
$50 CFDs, Forex, Indices, Commodities MT4, MT5 Visit
CityIndex logo
$0 CFDs, Forex, Stocks, Cryptos, Options, Commodities, Bonds MT4, TradingView, TradingCentral Visit
DNA Markets logo
$100 CFDs, Forex, Indices, Commodities, Stocks, Crypto MT4, MT5 Visit
FOREX.com logo
$100 CFDs, Forex, Stocks, Cryptos, Futures, Options, Commodities MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral Visit
RoboForex logo
$10 CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures R StocksTrader, MT4, MT5, TradingView Visit
InstaForex logo
- CFDs, Forex, Stocks, ETFs, Cryptos, Futures, Commodities MT4, MT5 Visit
Exness logo
$10 CFDs, Forex, Stocks, Indices, Commodities, Crypto Exness Trade App, MT4, MT5, TradingCentral Visit
LQDFX logo
$20 Forex, CFDs, Stocks, Indices, Commodities, Crypto MT4 Visit

#1 - AvaTrade

Why We Chose AvaTrade

AvaTrade is a leading forex and CFD broker, established in 2006 and regulated across 9 jurisdictions. Over 400,000 users have signed up with the broker which processes over 2 million trades each month. The firm offers multiple trading platforms, including MT4, MT5, and a proprietary WebTrader. 1250+ financial instruments are available for day trading, alongside a comprehensive education center and multilingual customer support.

"AvaTrade offers the full package for short-term traders. There is powerful charting software, reliable execution, transparent fees, and fast account opening with a low minimum deposit."

- DayTrading Review Team
  • Instruments: CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting
  • Regulator: ASIC, CySEC, FSCA, ISA, CBol, FSA, FSRA, BVI, ADGM
  • Platforms: WebTrader, AvaTradeGO, AvaOptions, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:30 (Retail) 1:400 (Pro)

Pros

  • Day traders can access stable spreads and zero commissions with no hidden fees
  • Automated trading is supported through MetaTrader Expert Advisors (EAs), as well as the AvaSocial and DupliTrade tools
  • The broker’s unique risk management tool, AvaProtect, protects against losses up to $1 million and is easy to activate in the platform

Cons

  • It’s a shame that there are no rebate schemes for serious traders looking for additional perks - CMC Markets would be a better choice here
  • Traders from the US are not accepted
  • There is no ECN account with raw spreads

#2 - OANDA US

Why We Chose 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 for short-term traders, alongside flexible contract sizes and automated trade executions.

"OANDA remains an excellent broker for US day traders seeking a user-friendly platform with premium analysis tools and a straightforward joining process. OANDA is also heavily regulated with a very high trust score."

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

Pros

  • Day traders can enjoy fast and reliable order execution
  • Seasoned day traders can access industry-leading tools, including an MT4 premium upgrade and advanced charting provided by MotiveWave
  • OANDA is a reliable, trustworthy and secure brand with authorization from tier-one regulators including the CFTC

Cons

  • It's a shame that customer support is not available on weekends
  • There's only a small range of payment methods available, with no e-wallets supported
  • The range of day trading markets is limited to forex and cryptos only

#3 - Deriv.com

Why We Chose Deriv.com

Deriv.com is a low cost, multi-asset broker with over 2.5 million global clients. With just a $5 minimum deposit, the firm offers CFDs, multipliers and more recently accumulators, alongside proprietary synthetic products which can't be found elsewhere. Deriv provides both its own in-house charting software and the hugely popular MetaTrader 5.

"Deriv.com will suit day traders looking to make fast-paced trades using CFDs and multipliers with high leverage up to 1:1000. The broker is also the industry leader in synthetic indices, which simulate real market movements and are available around the clock. "

- DayTrading Review Team
  • Instruments: CFDs, Multipliers, Forex, Stocks, Indices, Commodities
  • Regulator: MFSA, LFSA, VFSC, BFSC
  • Platforms: Deriv Trader, MT5
  • Minimum Deposit: $5
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:1000

Pros

  • Deriv bolstered its short-term trading opportunities in 2024 with accumulator options on simulated indices featuring up to 5% growth rates
  • Deriv continues to offer fast and reliable 24/7 support and the WhatsApp service is particularly convenient
  • Traders can use multipliers between 1 and 30, with take profit, stop loss and deal cancellation parameters

Cons

  • There's no loyalty program or rebate scheme for high volume traders
  • The range of 100+ assets trails some competitors such as Quotex which offers 400+
  • There are limited copy trading tools and analysis features compared to alternatives like IQ Cent

#4 - Pepperstone

Why We Chose Pepperstone

Established in Australia in 2010, Pepperstone is a top-rated forex and CFD broker with over 400,000 clients worldwide. It offers access to 1,300+ instruments on leading platforms MT4, MT5, cTrader and TradingView, maintaining low, transparent fees. Pepperstone is also regulated by trusted authorities like the FCA, ASIC, and CySEC, ensuring a secure environment for day traders at all levels.

"Pepperstone stands out as a top choice for day trading, offering razor-sharp spreads, ultra-fast execution, and advanced charting platforms for experienced traders. New traders are also welcomed with no minimum deposit, extensive educational resources, and exceptional 24/7 support."

- DayTrading Review Team
  • Instruments: CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting
  • Regulator: FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB
  • Platforms: MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade
  • Minimum Deposit: $0
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:30 (Retail), 1:500 (Pro)

Pros

  • Pepperstone emerges as a low-cost broker, especially for serious day traders with spreads from 0.0 in the Razor account and rebates of 25%+ through the Active Trader program.
  • Award-winning customer support is available via telephone, email or live chat with response times of <5 minutes during testing.
  • Now offering spread betting through TradingView, Pepperstone provides a seamless, tax-efficient trading experience with advanced analysis tools.

Cons

  • Pepperstone’s demo accounts are active for only 30 days, which may not be not long enough to familiarize yourself with the different platforms and test trading strategies.
  • Despite enhancements to its range of markets, crypto offerings are relatively limited compared to other brokers such as eToro, with no option to invest in real coins.
  • There’s no simplified proprietary trading platform, nor are there any social trading features, which could be a disadvantage if you are new to day trading.

#5 - XM

Why We Chose XM

XM is a globally recognized forex and CFD broker with 10+ million clients in 190+ countries. Since 2009, this trusted broker has been known for its low fees on 1000+ instruments. XM is regulated by multiple financial bodies, including the ASIC and CySEC.

"XM is one of the best forex and CFD brokers we have tested. The flexible account types will suit a variety of short-term trading styles while the $5 minimum deposit and smooth sign-up process make it easy to start trading."

- DayTrading Review Team
  • Instruments: Forex, Stock CFDs, Turbo Stocks, Indices, Commodities, Precious Metals, Energies, Shares, Crypto, Futures
  • Regulator: ASIC, CySEC, DFSA, FSC, FSCA
  • Platforms: MT4, MT5
  • Minimum Deposit: $5
  • Minimum Trade: 0.01 Lots

Pros

  • The broker offers premium research including market sentiment, fundamental insights and strategy builders
  • XM is a hugely respected broker authorized by tier-one regulators
  • 1000+ instruments are available, including recently added thematic indices, providing exposure to emerging industries

Cons

  • There's $5 inactivity fee after only 3 months, though this won't affect active traders
  • There is weak regulatory oversight through the global entity
  • PayPal deposits are not supported

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.