Brokers with the US Dollar Index (USDX) allow traders to speculate on the strength of the USD against a basket of foreign currencies. Managed by the Intercontinental Exchange (ICE), the USDX can be traded via various instruments depending on the trading platform, notably futures, options, and CFDs.
Discover the best brokers with the US Dollar Index, all personally tested by our experts.
Best Brokers For US Dollar Index
Following our first-hand evaluations, these are the top 6 trading platforms that offer the USDX:
-
- Demo account
- Regulator: FCA, ASIC, CySEC, FSC, SCB, FSA
- Platforms: MT4, MT5, TradingView, TradeLocker
71.28% of retail traders lose money when trading CFDs -
- Demo account
- Regulator: FCA, ASIC, CySEC, SCA, SCB, CMA-Kenya
- Platforms: Web Platform, MT4, TradingView
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- Demo account
- Min. deposit: $0
- Min. trade: 0.01 Lots
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- Demo account
- Regulator: FCA, CySEC, FSA, DFSA, FSCA
- Platforms: Tickmill Webtrader, MT4, MT5, TradingView
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- Demo account
- Regulator: ASIC, FSCA, FSA, FSC, CMA-UAE
- Min. deposit: $20
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- Demo account
- Regulator: ASIC
- Platforms: MT5, TradeLocker
Learn how we test brokers and why you can trust our ratings.
This is why we think these brokers are the best in this category in 2026:
- Eightcap 4.6/5 Eightcap is a multi-regulated forex and CFD broker established in Australia in 2009. The broker has proven popular with active day traders, providing 800+ instruments with tight spreads and notable improvements in recent years, integrating the leading TradingView platform, alongside AI-powered financial calendars and algo trading tools with zero coding experience required.
- Capital.com 4.3/5 Established in 2016, Capital.com initially focused on CFDs across forex, indices, stocks, commodities, and crypto, aimed squarely at active traders. Over the years it has added more instruments, obtained multiple regulatory licenses, improved its charting tools, and introduced an 1X account that lets you trade without using margin (borrowed funds), now catering to a diverse mix of traders worldwide.
- IG 4.5/5 Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand offers a top-tier selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.
- Tickmill 4.0/5 Tickmill is a global broker authorized by trusted regulators including the CySEC and the FCA. Hundreds of thousands of traders have opened an account with the firm with more than 530 million trades executed. Advanced trading tools, educational content and low fees make this broker stand out from competitors.
- PU Prime 4.5/5 PU Prime is a forex and CFD broker offering direct market access on forex, commodities, stocks, bonds, indices, and ETFs. With four account types (Cent, Standard, Prime, ECN) and multiple platforms, from MetaTrader to its own PU Prime app, it’s built for active traders at every level.
- Focus Markets 3.6/5 Established in 2019, Focus Markets is an Australian-based MetaTrader and TradeLocker broker offering access to over 1,000 tradable instruments, including forex, commodities, indices, stocks, and a particularly large selection of crypto derivatives.
Brokers With US Dollar Index Comparison
| Broker | Currency Indices | Minimum Deposit | Platforms | Regulator |
|---|---|---|---|---|
| Eightcap | USD | $100 | MT4, MT5, TradingView, TradeLocker | FCA, ASIC, CySEC, FSC, SCB, FSA |
| Capital.com | USD | $20 | Web Platform, MT4, TradingView | FCA, ASIC, CySEC, SCA, SCB, CMA-Kenya |
| IG | USD | $0 | Web, L2 Dealer, MT4, TradingView, AutoChartist, TradingCentral, ProRealTime | CFTC, NFA, FCA, BaFin, ASIC, FINMA, MAS, JFSA, FMA, DFSA, BMA, CONSOB |
| Tickmill | USD | $100 | Tickmill Webtrader, MT4, MT5, TradingView | FCA, CySEC, FSA, DFSA, FSCA |
| PU Prime | USD | $20 | PU Prime App, PU Web Trader, PU Social, MT4, MT5, AutoChartist | ASIC, FSCA, FSA, FSC, CMA-UAE |
| Focus Markets | USD | $100 | MT5, TradeLocker | ASIC |
Community Sentiment
See how users rate these brokers based on the average customer ratings submitted on DayTrading.com, plus ratings from Trustpilot, the Apple App Store and Google Play.
| Broker | Our Users' Rating | Trustpilot Score | Trustpilot Reviews | iOS App Rating | Android App Rating |
|---|---|---|---|---|---|
| Eightcap | 3910 | ||||
| Capital.com | 15234 | ||||
| IG | 10246 | ||||
| Tickmill | 1191 | ||||
| PU Prime | 1876 | ||||
| Focus Markets | - | 6 |
Eightcap
Eightcap delivers in every area for day traders with a growing selection of charting platforms, education via Labs, and AI-powered tools. Now sporting 120+ crypto CFDs, it's also become a stand-out choice for crypto trading, winning our 'Best Crypto Broker' award two years in a row.
Christian Harris, Reviewer
Eightcap quick facts
- Demo Account
- ✔Yes
- Instruments
- CFDs in Forex, Stocks, Indices, Commodities, Crypto
- Regulator
- FCA, ASIC, CySEC, FSC, SCB, FSA
- Platforms
- MT4, MT5, TradingView, TradeLocker
- Minimum Deposit
- $100
- Minimum Trade
- 0.01 Lots
- Account Currencies
- USD, EUR, GBP, CAD, AUD, NZD, SGD
Currency Indices
Eightcap only allows for trading on the USD currency index.
Pros
- Eightcap added TradeLocker in 2026 for certain regions, marking it out as the best regulated TradeLocker broker, while still delivering Eightcap's ultra-fast execution and low fees for active traders on the charting software.
- Eightcap has brought in GOLD247 for 24/7 trading opportunities on a gold/USD CFD with leverage up to 1:20, minimum trade size of 0.01 lots, and no commission, appealing to weekend traders interested in the precious metal.
- With tight spreads from 0 pips, low commission fees, Eightcap provides cost-effective and flexible trading conditions that can accommodate an array of strategies, including day trading and scalping.
Cons
- Eightcap needs to continue bolstering its suite of 800+ instruments to match category leaders like Blackbull Markets with its 26,000+ assets, featuring a particularly weak selection of commodities.
- In spite of an increasing variety of tools, Eightcap doesn't offer industry favorites like Autochartist or Trading Central, which offer cutting-edge charting analytics, live news, and market insights for short-term traders.
- The demo account expires after 30 days and can only be extended upon request - a notable inconvenience compared to the likes of XM with its unlimited demo mode.
Capital.com
Capital.com is a great match for day traders with its thousands of CFDs, SmartFeed providing tailored market updates, and TradingView charts for advanced technical indicators paired with Capital.com’s fast and reliable order execution.
Christian Harris, Reviewer
Capital.com quick facts
- Demo Account
- ✔Yes
- Instruments
- CFDs on Forex, Stocks, Indices, Commodities, ETFs, Crypto
- Regulator
- FCA, ASIC, CySEC, SCA, SCB, CMA-Kenya
- Platforms
- Web Platform, MT4, TradingView
- Minimum Deposit
- $20
- Minimum Trade
- 0.01 Lots
- Account Currencies
- USD, EUR, GBP, AUD, SEK, NOK, DKK, CHF, HKD, PLN, CZK, AED, HUF, MXN
Currency Indices
Capital.com only allows for trading on the USD currency index.
Pros
- The Capital.com app performed excellently during testing, with smooth orders, trade management and alerts, while it sits among the highest rated trading apps on the App Store for iOS users.
- Capital.com has an especially strong selection of forex (120+), commodities (70+) and cryptos (500+ pairs), catering to traders interested in these asset classes and needing depth.
- Capital.com enhanced the mobile trading experience in 2026 with an AI assistant, live trading analytics, and a more customizable home screen with cleaner watchlists.
Cons
- While Capital.com supports MT4, it lacks MT5 integration, limiting access to advanced trading features, including additional timeframes, indicators, and order types.
- Capital.com offers primarily a standard CFD account and a professional account (subject eligibility) with higher leverage, but it lacks ECN/raw spread accounts or tiered pricing, which can limit trading flexibility for high-volume scalpers.
- The broker’s research resources focus on educational content and in-house analysis but do not currently include third-party tools such as Trading Central, Autochartist, sentiment indicators, and professional-level screeners that some top competitors offer.
IG
IG continues to provide a comprehensive package with an intuitive web platform, best-in-class education for beginners, advanced charting tools bolstered by its recent TradingView integration, real-time data, and robust trade execution for experienced day traders.
Christian Harris, Reviewer
IG quick facts
- Demo Account
- ✔Yes
- Instruments
- CFDs (not in US), Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting (UK only)
- Regulator
- CFTC, NFA, FCA, BaFin, ASIC, FINMA, MAS, JFSA, FMA, DFSA, BMA, CONSOB
- Platforms
- Web, L2 Dealer, MT4, TradingView, AutoChartist, TradingCentral, ProRealTime
- Minimum Deposit
- $0
- Minimum Trade
- 0.01 Lots
- Account Currencies
- USD, EUR, GBP, CAD, AUD, JPY, ZAR, SEK, DKK, CHF, HKD, SGD
Currency Indices
IG only allows for trading on the USD currency index.
Pros
- The ProRealTime advanced charting platform is free as long as certain modest monthly trading activity requirements are met.
- IG obtained a crypto asset license from the FCA, allowing it to re-enter the UK market to provide buying, selling and storing opportunities on 55+ digital tokens with fees from 1.49%, and all within an FCA-licensed environment.
- IG offers an extensive collection of professional and engaging educational resources, including webinars, articles, and analysis.
Cons
- IG has discontinued its swap-free account, reducing its appeal to Islamic traders.
- Beginners might find IG’s fee structure complex, with various fees for different types of trades or services, potentially leading to confusion or unexpected charges.
- IG applies an inactivity fee of $12-$18 per month after 2 years, deterring casual investors.
Tickmill
Tickmill is a stellar choice for day traders, especially if you opt for the Raw account which delivers near-zero pip spreads and impressively fast order execution during testing.
Christian Harris, Reviewer
Tickmill quick facts
- Demo Account
- ✔Yes
- Instruments
- Forex, CFDs, stocks, indices, commodities, cryptocurrencies, futures, options, bonds
- Regulator
- FCA, CySEC, FSA, DFSA, FSCA
- Platforms
- Tickmill Webtrader, MT4, MT5, TradingView
- Minimum Deposit
- $100
- Minimum Trade
- 0.01 Lots
- Account Currencies
- USD, EUR, GBP, ZAR
Currency Indices
Tickmill only allows for trading on the USD currency index.
Pros
- Tickmill’s multiple licenses with authorities like the FCA and CySEC aren’t just paperwork - they translate to real-world benefits. Your money is kept separate in secure accounts, and the broker offers negative balance protection. In practice, this means you won’t be on the hook for more than you deposit, providing peace of mind when markets get volatile.
- When using the Raw Spread account, you’ll notice how tight the spreads are - sometimes even zero pips - paired with a transparent per-trade commission. This setup helps keep your overall trading costs low, which is a significant advantage when you’re making frequent trades and want to avoid hidden fees that cut into your profits.
- Based on our actual trading experience, Tickmill consistently processes orders quickly - averaging ~59 milliseconds - with very few instances of slippage or requotes. For a day trader, that means you can trust your entry and exit prices without worrying about delays that might cost you money in fast markets.
Cons
- Tickmill primarily focuses on forex pairs, select stock CFDs, indices, and a few commodities. If you like switching between many different asset classes, like crypto or a broader range of stocks, you’ll find the choices limited compared to brokers with thousands of instruments.
- If you’re used to cTrader’s modern layout and sophisticated order types, you’ll miss that here. Tickmill sticks with MetaTrader 4 and 5, as well as TradingView and its own proprietary platform, so there’s no cTrader option. This might slow down traders who rely on cTrader’s workflow or specific tools, such as cTrader Copy.
PU Prime
PU Prime is a great fit for experienced, high-volume traders with its ECN account offering tight spreads from 0.0 pips and low commissions from $1/side. The addition of an easy-to-use copy trading app, alongside the stacked Trading Academy with progression levels, also makes PU Prime a strong option for aspiring traders.
Tobias Robinson, Reviewer
PU Prime quick facts
- Demo Account
- ✔Yes
- Instruments
- CFDs, Forex, Stocks, Indices, Commodities, Metals, Crypto, Bonds, ETFs, Pre-IPOs, Synthetic Indices (region-dependent)
- Regulator
- ASIC, FSCA, FSA, FSC, CMA-UAE
- Platforms
- PU Prime App, PU Web Trader, PU Social, MT4, MT5, AutoChartist
- Minimum Deposit
- $20
- Minimum Trade
- 0.01 Lots
- Account Currencies
- USD, EUR, GBP, CAD, AUD, NZD, JPY, HKD, SGD
Currency Indices
PU Prime only allows for trading on the USD currency index.
Pros
- There’s a great suite of tools for short-term traders, from practical margin and position sizing calculators to economic calendars and strong technical insights via Autochartist.
- Prime and ECN pricing can be very competitive for active traders, and in our tests spreads tightened notably in liquid sessions to hit ~0.0 pips.
- PU Prime has added a dynamic leverage system for high-impact economic news releases and weekend gaps, helping to protect accounts from extreme market volatility.
Cons
- Getting through to customer support can be fiddly and slow to reach a human – in our latest checks we had to navigate multiple chatbot menus and questions then enter contact details before getting to an agent.
- The in-house market updates are useful for a quick read, but they’re generally high-level and don’t go deep enough for serious strategy building or advanced analysis.
- The ECN account’s $10,000 minimum deposit puts the best pricing out of reach for some active retail traders who may end up paying more for spreads and commissions on Prime, Standard or Cent accounts.
Focus Markets
Focus Markets is perfect for experienced active traders familiar with MetaTrader 5 or TradeLocker, offering flexible crypto transactions (USDT and BTC) and access to over 90 cryptocurrencies for seamless speculation, deposits, and withdrawals.
Christian Harris, Reviewer
Focus Markets quick facts
- Demo Account
- ✔Yes
- Instruments
- CFDs, Forex, Stocks, Indices, Commodities, Crypto, ETFs
- Regulator
- ASIC
- Platforms
- MT5, TradeLocker
- Minimum Deposit
- $100
- Minimum Trade
- 0.01 Lots
- Account Currencies
- USD, EUR, GBP, CAD, AUD, NZD, JPY, SGD
Currency Indices
Focus Markets only allows for trading on the USD currency index.
Pros
- It has undergone a website, account area and brand refresh with a slicker, more modern design that makes understanding its trading accounts and features easier for prospective clients and new users.
- Focus Markets is regulated by ASIC – one of the most respected regulatory bodies in the financial industry, requiring safeguards like negative balance protection, ensuring eligible retail clients can’t lose more than their balance in volatile markets.
- Focus Markets excelled in the deposit and withdrawal category during testing, offering more base currencies than most competitors, including USD, CAD and EUR - and a range of traditional and popular crypto payment options, including BTC and USDT.
Cons
- Focus Markets still has a long way to go to compete with the best brokers - with virtually zero research tools and education, plus limited value-add features like VPS hosting, copy trading and swap-free accounts.
- Regulatory protection is a location lottery at Focus Markets – Australian traders benefit from strong ASIC oversight, but those using the SVGFSA-registered entity face limited recourse options in disputes.
- It mainly supports MT5 and TradeLocker, excluding popular platforms like MT4, cTrader and the increasingly popular charting package with active traders - TradingView.
Methodology
To identify the best trading platforms with USDX, we examined our database of 143 online brokers and pinpointed all those that facilitate trading on the US Dollar Index.
We then ranked them by their overall rating, blending over 100 data entries with our direct observations during testing. This revealed the trading platforms that go the extra mile for traders interested in the US Dollar index.
- We only recommended brokers that have earned our trust.
- We prioritized brokers with competitive trading fees.
- We checked each broker has correlating markets to the USDX.
- We ensured each broker offers excellent charting platforms.
- We examined each broker’s leverage and margin requirements.
How To Choose A Broker With The US Dollar Index
There are several factors we, and you, should consider when choosing a broker for US Dollar Index trading:
Choose A Trustworthy Broker
An established, regulated broker will help protect you from trading scams.
This is important given that the Commodity Futures Trading Commission (CFTC) has warned against the increase in foreign currency fraud in recent years, publishing tips on identifying potential signs of a scam. For example, fraudsters may use persuasion techniques to convince traders of ‘guaranteed’ gains and create a false sense of urgency to invest.
This is why we always verify the regulatory credentials of each broker that we test and assign each broker a score from 1 to 5 for ‘Regulation & Trust’, helping to keep your funds secure when trading the USDX and other financial markets.
Jemma GristAuthor- AvaTrade is highly trusted, with an excellent record spanning 15+ years and licenses from multiple ‘green tier’ authorities. It also offers robust safeguards, including negative balance protection, segregated accounts and a bespoke risk management tool, AvaProtect with up to $1M in insurance against trading losses.
Choose A Broker With Competitive Fees
Brokers with low trading fees on the USDX will help you maximize returns, especially for active traders.
That’s why we evaluate spreads, commissions and other charges when examining brokers, including recording fees on correlating markets, such as the EUR/USD.
We then assess non-trading fees, such as deposit/withdrawal charges, and weigh these against the overall service provided.
- Pepperstone continues to lead in this category, with spreads averaging 6.00 pips on the US Dollar Index and 0.10 pips on EUR/USD, plus access to a fantastic economic calendar for tracking financial announcements.
Choose A Broker With Correlating Markets
Traders may also be interested in a broker that provides access to other currencies within the USDX basket, providing alternative trading opportunities.
For example, the EUR/USD, which is available at all of our recommended brokers, is typically inversely related to the US Dollar Index.
Additionally, currency pairs where USD is the base or quote currency can also indicate a correlation with the USDX, such as USD/JPY or GBP/USD.
Other markets may also be of interest to USDX traders, such as commodities like gold (gold is quoted in dollars) as well as bonds (which are impacted by yield rates against the USD).
- IG is our top pick if you’re looking to trade the USDX alongside other relevant markets, including US bonds, gold, and USD currency pairs. I also love that you can follow announcements from the Federal Reserve Meeting in almost real-time through IG’s live market coverage.
Choose A Broker With Excellent Platforms
Day traders speculating on the US Dollar Index will require a broker that offers a powerful charting platform to perform technical analysis.
Most brokers we test offer the MetaTrader 4 and MetaTrader 5 platforms. That said, I find the seamless navigation and integrated tools in TradingView far more appealing for active traders.
For example, you can use the integrated forex screener to analyze relevant currency pairs alongside your USDX chart, as you can see below.
Since the USDX is a popular macro indicator for the strength of the US Dollar, having access to excellent market research services like Trading Central can also be a value-add.
You may want a broker that provides interest rate updates from the Federal Reserve, as well as other relevant Central Banks, notably the European Central Bank as the EUR forms the largest weighting in the US Dollar Index.
- XM offers a superb selection of charting platforms for USDX traders, including MT4 and MT5. However, where it shines is its fantastic research tools, with trade ideas, technical summaries and news where you can search specifically for the US Dollar Index.
Choose A Broker With Clear Margin Requirements
Day traders, in particular, often trade the US Dollar Index with leverage, allowing them to maximize their potential gains using a small outlay.
This makes it important to choose a broker with clear margin requirements so you know what’s needed and what it costs, to borrow funds.
Crucially, brokers regulated by ‘green tier’ authorities like the FCA and CySEC cap leverage for retail investors at 1:30.
This means that if I were to put down $100 for a USDX CFD, the value of my position would be $3,000 (30 x $100).
This means both my profits and losses will be multiplied by 30. As such, I recommend using risk management tools like stop-loss orders to close positions before large losses can accumulate.
Jemma GristAuthor- eToro offers leverage up to 1:10 on the US Dollar Index, with transparent margin requirements clearly displayed in the platform. You can also quickly and easily set stop loss and take profit parameters, while its social trading platform is world-leading and used for real-money trading by our team.
FAQ
Which Is The Best Broker With The US Dollar Index?
See our list of the best brokers with the USDX to find a suitable option based on your trading needs.
For example, Pepperstone offers some of the lowest fees on the USDX, while XM offers hourly technical summaries and sentiment data on the world’s most prominent currency index.
Article Sources
- USDX - Intercontinental Exchange (ICE)
- The US Dollar Index - Forbes
- Forex Trading Scam Warning - CFTC
- Federal Reserve Board
- European Central Bank (ECB)
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