Best Day Trading Platforms and Brokers in Europe 2024

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Written By
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Written By
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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Fact Checked By
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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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The best day trading brokers in Europe have superior charting platforms, fast execution, excellent pricing, and are normally authorized by at least one of the 25+ regulators adhering to the directives established by the European Securities and Markets Authority (ESMA).

Many also offer EUR accounts for convenient deposits and provide access to local stock markets, such as the Euronext, and currency pairs like the EUR/USD.

Discover the best brokers for day trading in Europe. All our recommended platforms have been tested by our European experts.

Top 5 Platforms For Day Trading In Europe

After thoroughly testing hundreds of brokers, these 5 emerge as the best platforms for day traders:

  1. AvaTrade - 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.
  2. OANDA US - 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.
  3. Deriv.com - 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.
  4. Exness - Exness remains an accessible broker for all experience levels, though experienced day traders will particularly appreciate the ultra-low commission rates, fast withdrawals and high-quality charting software.
  5. Pepperstone - 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.

Best Day Trading Platforms and Brokers in Europe 2024 Comparison

Best Day Trading Platforms and Brokers in Europe 2024 Comparison
Broker Regulated in Europe EUR Account Minimum Deposit Markets Platforms Leverage Visit
AvaTrade logo
- CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade 1:30 (Retail) 1:400 (Pro) Visit
OANDA US logo
- $0 Forex, Crypto OANDA Trade, MT4, TradingView, AutoChartist 1:50 Visit
Deriv.com logo
- $5 CFDs, Multipliers, Forex, Stocks, Indices, Commodities Deriv Trader, MT5 1:1000 Visit
Exness logo
$10 CFDs, Forex, Stocks, Indices, Commodities, Crypto Exness Trade App, MT4, MT5, TradingCentral 1:2000 Visit
Pepperstone logo
$0 CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade 1:30 (Retail), 1:500 (Pro) 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 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) Visit
Eightcap logo
- $100 CFDs, Forex, Stocks, Indices, Commodities MT4, MT5, TradingView - Visit
LiteForex Europe logo
$50 CFDs, Forex, Indices, Commodities MT4, MT5 1:30 Visit
CityIndex logo
- $0 CFDs, Forex, Stocks, Cryptos, Options, Commodities, Bonds MT4, TradingView, TradingCentral 1:30 (Retail), 1:50 (Accredited Investor), 1:200 (Sophisticated Investor), 1:300 (Wholesale Investor), 1:400 (Professional Trader). Varies with jurisdiction. 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 1:400 Visit
eToro logo
- $50 CFDs, Forex, Stocks, ETFs, Cryptos, Futures, Commodities, Bonds eToro Web, CopyTrader, TradingCentral - Visit
RoboForex logo
- $10 CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures R StocksTrader, MT4, MT5, TradingView 1:2000 Visit
InstaForex logo
- - CFDs, Forex, Stocks, ETFs, Cryptos, Futures, Commodities MT4, MT5 - 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, from CFDs to AvaOptions and now AvaFutures, alongside a comprehensive education center and multilingual customer support.

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

#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.

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

#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.

  • 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

#4 - Exness

Why We Chose Exness

Exness is a Cyprus-based forex and CFD brokerage established in 2008. With over 260,000 clients, several awards and reputable licensing, the broker has maintained its position as a highly respected global brand. Active day traders can access the popular MT4 and MT5 platforms, raw spreads and multiple account types.

  • Instruments: CFDs, Forex, Stocks, Indices, Commodities, Crypto
  • Regulator: FSA, CySEC, FCA, FSCA, FSC, CBCS
  • Platforms: Exness Trade App, MT4, MT5, TradingCentral
  • Minimum Deposit: $10
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:2000

#5 - 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.

  • 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)

Choosing A Day Trading Broker In Europe

Based on our extensive experience in the day trading industry, there are several factors to consider:

Trust

Choose a trusted day trading broker to keep your funds safe.

Online trading scams are rife in Europe, with fraudsters adopting increasingly aggressive and brazen methods to target victims. In recent years, scammers have even impersonated representatives of the Cyprus Securities & Exchange Commission (CySEC), promising compensation to traders in return for fees.

This is why we verify the regulatory status of brokers, checking whether they are licensed by any of the 25+ reputable regulators that comply with the Markets in Financial Instruments Directive (MiFID), and its update MiFID II, set by the European Securities and Markets Authority (ESMA), designed to safeguard retail traders.

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ESMA lists all member states and provides links to respective regulators so you can check whether a broker is authorized.
  • IC Markets emerges as one of the most trusted brokers in Europe, with authorization from the CySEC, over 17 years in the industry, and multiple awards. We’ve also traded at IC Markets using real money and never encountered withdrawal issues.

Investment Offering

Choose a day trading broker with a wide range of trading opportunities.

For many European traders, it will be important to have access to local financial markets, providing opportunities to speculate on regional events and assets.

That’s why we look for access to stock markets like Euronext, the largest stock exchange in the region which connects seven major economies, including France, Italy and the Netherlands.

We also look for currency pairs involving the Euro, such as the EUR/USD, EUR/GBP and EUR/AUD, plus popular commodities, including those listed on the Intercontinental Exchange (ICE), Europe’s most recognized commodity marketplace.

Infographic showing popular day trading markets in the EU
Popular Markets in Europe

In addition, we consider whether brokers offer contracts for difference (CFDs), a popular financial product with short-term traders that allows you to go long or short without taking ownership of the underlying asset, such as shares in LVMH.

  • AvaTrade excels here, with a wide range of trading opportunities spanning CFDs, stocks, forex, commodities, indices, bonds, cryptos and ETFs, including European treasuries and indices like the DAX, CAC and IBEX.

Trading Fees

Choose a broker with low trading fees.

This is especially important for day traders because frequent trading amplifies the impact of fees on overall profitability.

That’s why we record and evaluate the fees you can expect to incur making short-term trades, including spreads on popular markets in Europe like the EUR/USD and EUR/GBP, as well as any inactivity fees that can penalize casual traders.

This allows us to assign an overall ‘Fees & Costs’ score that helps us pinpoint the cheapest brokers for day traders.

List of minimum spreads available at Pepperstone on currency pairs with EUR
Pepperstone – Spreads
  • Pepperstone maintains its position as one of the best day trading brokers with excellent pricing, especially if you opt for the Razor account with spreads from 0.0 pips and qualify for rebates through the Active Trader program. There are also zero deposit fees, withdrawal charges or inactivity penalties.

Order Execution

Choose a day trading broker with fast and reliable order execution.

If you’re day trading in volatile markets, such as commodities, being able to enter and exit the market at the desired price can be the difference between profit and loss.

We consider execution speeds of <100 milliseconds fast, helping to prevent slippage – the difference between the expected price and the execution price.

However, we also consider execution quality, encompassing factors like price and probability of execution, which together can help ensure you secure optimal trades.

  • Deriv continues to deliver favorable conditions for active day traders, with execution speeds averaging 50 milliseconds plus superior, uninterrupted price feeds.

Leverage Trading

Choose a day trading broker with transparent leverage and margin conditions.

Leverage trading allows you to open larger positions than you would otherwise be able to with your capital. Essentially, for a small outlay, known as margin, you can multiply your buying power and profits (or losses).

The ESMA introduced industry-wide limits on leverage offered to retail traders in 2018. The maximum available through EU-regulated entities is 1:30 for major currency pairs, though lower limits are imposed on more volatile assets, such as commodities (1:10) and cryptocurrencies (1:2).

While 1:30 is a safer limit than the very high leverage available at offshore brokers, the risk of heavy losses is still present.

I recommend that beginners, in particular, approach leverage trading with caution and take a proactive approach to risk management.

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Jemma Grist
Author

We check whether leverage trading is available as part of our exhaustive review process. We also make sure brokers are transparent about margin requirements, including when they will close out your positions if you fail to meet a margin call (a demand by your broker to deposit additional funds to cover potential losses).

  • IG stands out as an excellent option for trading with leverage, providing a full breakdown of the margin required to open a position, along with the leverage equivalent for each tradable asset. It also complies with ESMA’s limits on providing leverage up to 1:30 for traders in Europe.

Charting Platforms

Choose a day trading broker with a user-friendly and powerful charting platform.

Short-term traders typically rely on technical analysis to identify and capitalize on market opportunities, more so than longer-term investors who often use fundamental analysis. As a result, it’s important to find an excellent charting platform.

That’s why we personally test platforms where possible to assess their suitability for day traders, weighing the design and ease of use with the suite of technical indicators, drawing tools, chart types and other features.

EUR/USD chart on MT4 showing technical indicators
MetaTrader 4

Our analysis of hundreds of brokers shows the most widely available third-party platforms are MetaTrader 4, MetaTrader 5, cTrader and TradingView. These all offer excellent charting packages for intermediate and advanced traders.

However, our tests also show that the proprietary software offered by some brokers can provide a more user-friendly toolkit for newer traders, often featuring a more intuitive workspace.

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Tip: Make use of demo accounts to test a charting platform before depositing funds and day trading with real money.
  • Forex.com continues to offer a fantastic selection of charting tools, from MT4, MT5 and TradingView to insights from AutoChartist and TradingCentral, which can help day traders discover opportunities.

Methodology

We used our extensive database of day trading brokers, selecting those accepting European traders and ranked them by their overall rating from our reviews, which focus on several factors, including:DayTrading.com broker testing methodology overview

  • Whether they are trusted and regulated by a credible authority, such as the CySEC.
  • Whether they provide access to a good range of tradable assets, such as European stocks.
  • Whether they offer low fees for day traders, such as tight spreads on EUR/USD.
  • Whether they support user-friendly and powerful charting platforms, such as MT4.
  • Whether they offer fast and reliable order execution.
  • Whether they are transparent about leverage trading.

FAQ

How Much Money Do I Need To Start Day Trading In Europe?

The vast majority of platforms offer an accessible account minimum of <€250. However, some stand out with no minimum deposit, notably Pepperstone, OANDA and City Index, making them attractive for day traders on a budget.

Who Regulates Day Trading Platforms In Europe?

Over 25 European regulators should adhere to the Markets in Financial Instruments Directive (MiFID), established by the European Securities Markets Authority (ESMA), to offer products suitably for day trading, including forex and CFDs.

The Cyprus Securities & Exchange (CySEC) oversees the largest number of brokers accepting day traders in Europe.

Which Is The Best Broker For Day Trading In Europe?

Use our list of the best day trading platforms and brokers in Europe to find the right provider for your needs. Most of our top-rated platforms are regulated in Europe, support accounts in EUR, and offer access to regional financial markets.

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