Best Day Trading Platforms and Brokers in Ireland 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 platforms in Ireland offer short-term opportunities on popular markets, such as stocks from Euronext Dublin, convenient deposits through EUR accounts, and oversight from a trusted regulator like the Central Bank of Ireland.

Discover the best brokers for day trading in Ireland. All platforms have been rigorously tested using real money and demo accounts.

Top 5 Platforms For Day Trading In Ireland

After analyzing hundreds of brokers, these 5 platforms continue to stand out as the best for day trading in Ireland:

  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. 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.
  3. 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.
  4. XM - 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.
  5. Eightcap - Eightcap delivers in every area for day traders with a growing selection of charting platforms and AI-powered tools. Now sporting 250+ crypto CFDs and the Crypto Crusher market scanner, it's also become a stand-out choice for crypto trading, winning our 'Best Crypto Broker' award two years in a row.

Best Day Trading Platforms and Brokers in Ireland 2024 Comparison

Best Day Trading Platforms and Brokers in Ireland 2024 Comparison
Broker EUR Account Minimum Deposit Markets Platforms Leverage Visit
AvaTrade logo
$100 CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting WebTrader, AvaTradeGO, AvaOptions, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade 1:30 (Retail) 1:400 (Pro) Visit
Deriv.com logo
$5 CFDs, Multipliers, Forex, Stocks, Indices, Commodities Deriv Trader, MT5 1:1000 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 1:30 Visit
Eightcap logo
$100 CFDs, Forex, Stocks, Indices, Commodities, Crypto MT4, MT5, TradingView 1:30 Visit
LiteForex Europe logo
$50 CFDs, Forex, Indices, Commodities MT4, MT5 1:30 Visit
DNA Markets logo
$100 CFDs, Forex, Indices, Commodities, Stocks, Crypto MT4, MT5 1:500 Visit
eToro logo
- $50 CFDs, Forex, Stocks, Indices, ETFs, Smart Portfolios, Commodities, Futures, Crypto, NFTs eToro Web, CopyTrader, TradingCentral 1:30 Visit
InstaForex logo
€200 CFDs on Stocks, Indices, Commodities, Forex, Cryptocurrencies, US Synthetic Shares & ETFs, Shares Baskets MT4, MT5 1:30 (Retail), 1:500 (Pro) Visit
LQDFX logo
$20 Forex, CFDs, Stocks, Indices, Commodities, Crypto MT4 1:1000 Visit
Trade Nation logo
$0 Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds, Cryptos (Bahamas Entity Only) MT4 1:500 (entity dependent) Visit
Skilling logo
$100 Forex, CFDs, Stocks, Indices, Commodities and Cryptos Skilling Trader, MT4, cTrader, TradingView 1:30 (Retail) 1:200 (Pro) Visit
Quotex logo
$10 Digital Options on Stocks, Indices, Forex, Commodities, Cryptos Web Platform, Mobile App - Visit
BlackBull Markets logo
$0 Forex, CFDs, stocks, indices, energies, metals, commodities, cryptos MT4, MT5, cTrader, TradingView, AutoChartist 1:500 Visit
Vantage logo
$50 CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds ProTrader, MT4, MT5, TradingView, DupliTrade 1:500 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.

  • 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 Deposit: $100
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:30 (Retail) 1:400 (Pro)

Pros

  • Automated trading is supported through MetaTrader Expert Advisors (EAs), as well as the AvaSocial and DupliTrade tools
  • WebTrader is well-suited to beginners and features a strong suite of technical analysis tools and market research for day traders
  • Day traders can access stable spreads and zero commissions with no hidden fees

Cons

  • A high $2000 minimum investment is required to use DupliTrade, which will be out of reach for many beginners
  • There’s an above-average $50 inactivity fee after three months, though this won't impact active day traders
  • Traders from the US are not accepted

#2 - 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

Pros

  • Traders can use multipliers between 1 and 30, with take profit, stop loss and deal cancellation parameters
  • The free demo account is ideal for practicing short-term trading strategies and no registration is required
  • Deriv continues to offer fast and reliable 24/7 support and the WhatsApp service is particularly convenient

Cons

  • 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
  • There's no loyalty program or rebate scheme for high volume traders

#3 - 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)

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.
  • There’s support for a range of industry-leading charting platforms including MT4, MT5, TradingView, and cTrader, catering to various short-term trading styles, including algo trading.
  • Pepperstone boasts impressive execution speeds, averaging around 30ms, facilitating fast order processing and execution that’s ideal for day trading.

Cons

  • 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.
  • Pepperstone does not support cTrader Copy, a popular copy trading feature built into the excellent cTrader platform and available at alternatives like IC Markets.

#4 - 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.

  • 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
  • Leverage: 1:30

Pros

  • 1000+ instruments are available, including recently added thematic indices, providing exposure to emerging industries
  • Accessible trading accounts with a $5 minimum deposit and fast account opening
  • XM is a hugely respected broker authorized by tier-one regulators

Cons

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

#5 - Eightcap

Why We Chose Eightcap

Eightcap is a multi-regulated forex and CFD broker established in Australia in 2009. The broker has proven popular with active day traders, providing 1,000+ 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.

  • Instruments: CFDs, Forex, Stocks, Indices, Commodities, Crypto
  • Regulator: ASIC, FCA, xCySEC, SCB
  • Platforms: MT4, MT5, TradingView
  • Minimum Deposit: $100
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:30

Pros

  • After bolstering its roster in 2021, Eightcap offers one of the most extensive selections of cryptocurrency CFDs in the market, with crypto/fiat pairs, crypto/crypto pairs, plus crypto indices for broader exposure to the market.
  • Having excelled across all key areas for day traders, Eightcap outperformed more than 490 competitors to win our 'Best Overall Broker' award for 2024, also securing our 'Best Crypto Broker' title.
  • With tight spreads from 0 pips, low commission fees, and high leverage up to 1:500 for certain clients, Eightcap provides cost-effective and flexible trading conditions that can accommodate an array of strategies, including day trading and scalping.

Cons

  • 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.
  • Eightcap needs to continue bolstering its suite of instruments to match category leaders like Blackbull Markets with its 26,000+ assets, featuring a particularly weak selection of commodities.
  • Despite a useful library of educational guides and e-books, Eightcap still trails IG’s comprehensive toolkit for aspiring traders with its dedicated IG Academy app and 18 course categories.

Choosing A Day Trading Broker In Ireland

Drawing on the decades of experience across our expert team, we focus on several areas when identifying the best day trading platforms:

Regulation & Trust

We routinely verify the regulatory status of each broker, to determine what level of financial protection day traders will receive.

The best platforms are authorized by one or more Green Tier regulators, which offer the highest standards of safeguarding. This typically includes measures like negative balance protection, which prevents you from losing more than your balance. They also enforce security measures to help protect against day trading scams.

The Central Bank of Ireland (CBI) is the regulator responsible for overseeing investment firms in Ireland. That said, other European regulated brokers can also provide services to Irish traders under the EU’s cross-border initiative.

In light of scam brokers hitting the Irish market, such as High Trade Pro FX, the Central Bank of Ireland recommends carrying out a sense check of any broker you are considering:

  • Double-check the URL and contact details of the broker
  • Check that the product being offered to you is present on the broker’s website
  • Check the regulator’s list of unauthorized firms
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Jemma Grist
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  • AvaTrade continues to deliver one of the most trusted trading environments, thanks to multiple regulatory licenses, notably with the CBI. The broker also uses encryption technology to protect client accounts, alongside segregated funds and their bespoke risk management tool, AvaProtect.

Day Trading Markets

Brokers with an excellent suite of financial markets provide the widest range of day trading opportunities, from forex and commodities to cryptocurrencies and IPOs.

For Irish traders, in particular, many leading platforms will offer EUR currency pairs, including EUR/USD, as well as Irish stocks listed on the Euronext Dublin, such as Bank of Ireland (BIRG) and Ryanair (RYA).

Popular short-term trading assets in Ireland
Popular Day Trading Instruments In Ireland

For day traders, assets will often be tradable via contracts for difference (CFDs), which allow you to speculate on rising and falling prices without owning the actual asset.

That said, we also look out for other popular products with Irish traders, including spread betting, providing a tax-free way to speculate on financial markets over short-term horizons.

  • Pepperstone remains a stand-out choice for traders looking for a superb variety of markets, notably 10+ Irish stocks listed on the Euronext Dublin, alongside 90+ currency pairs, including popular EUR crosses like EUR/GBP and EUR/CHF.

Leverage Trading

Leverage allows you to scale up your buying power whilst only putting down a small deposit (margin), playing a pivotal role in many short-term trading strategies.

For instance, opening a position in shares of Kerry Group PLC (KRZ) with leverage of 1:5 would give me €500 in purchasing power with a €100 margin, amplifying profits and losses 5x.

Importantly, risk management is vital when day trading with leverage – serious losses can wrack up in volatile markets.

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The 1% rule, which states that you never risk more than 1% of your capital on a single trade, is a popular risk management technique.
  • Deriv is a great choice if you’re looking to trade on margin, with leverage up to 1:30 on major pairs like EUR/USD. You can also trade with the broker’s unique multipliers, where losses are limited to your initial stake.

Charting Platforms

The best day trading brokers in Ireland offer reliable charting platforms with a terrific selection of technical tools.

MetaTrader (MT4) and MetaTrader 5 (MT5) remain the staple options at most brokerages. However, we increasingly favor brokers that deliver more contemporary, user-friendly software, such as TradingView.

TradingView charting platform with Bank of Ireland
TradingView – Bank of Ireland
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If you’re a beginner, consider a broker that offers a proprietary solution. We’ve found these are often more intuitive and enjoyable to use than third-party tools like MetaTrader.
  • Skilling offers a superb selection of platforms to suit all short-term trading strategies and experience levels. In addition to packages such as MT4 and cTrader, clients can try the broker’s excellent bespoke options: Skilling Trader and Skilling Copy.

Execution Speed & Quality

Securing optimum trading conditions is vital for day traders executing strategies in fast-moving markets, such as volatile Irish stocks like Allied Irish Banks (AIB) and Corre Energy BV (CORRE).

We look at important metrics such as execution speeds, fill rate and slippage data, which help to indicate how efficiently orders are executed. Based on our own trading experience and analysis, we like to see execution speeds of less than 100 milliseconds.

  • FxPro continues to stand out with ultra-fast execution speeds of less than 13 milliseconds and over 86% of orders executed at the requested price, or better.

Pricing

Active day traders who deal frequently and in large volumes need the most affordable brokers. This will ensure transaction costs are kept as low as possible, protecting profit margins.

Our exhaustive testing process involves checking spreads on popular markets, such as the EUR/USD, various stocks and leading indices, during the most active times of the day. We also consider any commission charges, as well as inactivity and funding fees.

Other services, such as VPS solutions and third-party tools, may also come with a one-off fee or monthly subscription. As such, we assess whether such charges are reasonable for the overall service and quality provided.

  • XM consistently tops our rankings as one of the lowest-cost day trading brokers, with just a $5 minimum deposit and tight spreads from 0.7 pips on major currency pairs like the EUR/USD.

Methodology

To find the best platforms for day trading in Ireland, we took our database of around 500 brokers and considered their overall suitability for Irish traders, notably:DayTrading.com broker testing methodology overview

  • We verified that the broker is regulated by a trusted authority, such as the CBI.
  • We ensured that a range of regional markets were available, including for example EUR currency pairs and/or Irish stocks.
  • We prioritized brokers that offer competitive trading fees, especially on popular markets like EUR/USD.
  • We made sure that the broker’s leverage and margin requirements were transparent.
  • We focused on brokers with fast and stable execution for short-term trading strategies.
  • We checked that the broker delivers powerful, user-friendly charting platforms, such as MT4.

FAQ

Who Regulates Day Trading Brokers In Ireland?

The Central Bank of Ireland is the regulator responsible for overseeing day trading brokers in Ireland.

Ireland also falls under the European Union’s passporting scheme, allowing approved regulators to provide services to Irish traders.

Which Is The Best Day Trading Broker In Ireland?

Our list of the best day trading brokers in Ireland will help you determine which platform is best for your needs.

Each brokerage is regulated by a trusted authority, offers convenient EUR accounts for Irish traders and provides access to a range of popular financial markets with short-term trading opportunities.

How Much Capital Do I Need To Start Day Trading In Ireland?

Our analysis shows that most brokers require a minimum deposit of less than €250 to start day trading in Ireland.

That said, some budget-friendly platforms let you start with no minimum deposit – among the highest-rated are Pepperstone and Blackbull 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