The 6 Best ETF Forex Brokers

The 6 Best ETF Brokers revealed. We have explored and tested several prominent brokers to identify the Top 6.

In this in-depth guide, you’ll learn:

• The Best ETF Forex Brokers – a List
• The Best ETF to Invest in (2024)
• Top ETF Brokers for Beginners
• Can You trade ETF on MT4/MT5?
• What is the Best Platform for ETF Trading?

And much, MUCH more!

	Broker	Review	Regulators	Min Deposit	Website
🥇		Read Review	ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA	USD 100	Visit Broker
🥈		Read Review	FSCA, IFSC, ASIC, CySEC, DFSA, FCA	USD 5	Visit Broker
🥉		Read Review	FCA, FSCA, FSC, CMA	USD 200	Visit Broker
4		Read Review	ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB	USD 200	Visit Broker
5		Read Review	FSC, FSA, VFSC	USD 10	Visit Broker
6		Read Review	CySEC, MISA, FSCA	USD 25	Visit Broker
7		Read Review	CySEC, FCA, FSA, FSCA, Labuan FSA	USD 100	Visit Broker
8		Read Review	CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA	USD 10	Visit Broker
9		Read Review	ASIC, CySEC, FSCA, CMA	USD 100	Visit Broker
10		Read Review	IFSC, FSCA, ASIC, CySEC	USD 1	Visit Broker

The 6 Best ETF Forex Brokers – a Comparison

The 6 Best ETF Forex Brokers (2024)

1. ☑️ Tickmill – Overall, the Best ETF Forex Broker
2. ☑️ Plus500 – Secure Access t0 the Most Popular ETFs
3. ☑️ FXTM – Award-Winning ETF Forex Broker
4. ☑️ Octa – Top MT4/MT5 ETF Forex Broker
5. ☑️ BDSwiss – High Trader Trust Score
6. ☑️ XTB – ETFs with 0% Commission

Tickmill

Tickmill is a globally recognized forex and CFD broker renowned for its transparent trading environment and competitive pricing.

While initially focusing on forex and CFDs, Tickmill has expanded its offerings to include ETF trading, providing investors with access to a diverse range of assets. With a commitment to low spreads, fast execution speeds, and no requotes, Tickmill ensures traders can execute their strategies efficiently.

Moreover, the broker offers a range of account types to cater to different trading styles and experience levels, along with robust trading platforms compatible with desktop, web, and mobile devices.  Tickmill also prioritizes client education and support, offering comprehensive educational resources and responsive customer service to assist traders at every step of their journey.

Overall, Tickmill stands out for its reliability, transparency, and commitment to providing a superior trading experience across various asset classes, including forex and now ETFs.   Tickmill has a trust score of 82%.

The Pros of Trading with Tickmill will include:

✅ Tickmill enables traders to access MetaTrader 4 and 5.

✅ Tickmill allows traders to open infinite demo accounts on any platform.

✅ Tickmill’s in-house technologies and MetaTrader integration enhance the mobile trading experience.

✅Tickmill is available for download on both iOS and Android.

The Cons of Trading with Tickmill may include:

✅ There are no desktop or web versions of Tickmill‘s trading software available.

✅Tickmill has restricted access to resources and tools provided by other parties.

Plus500

Plus500 is a leading online trading platform known for its user-friendly interface and extensive range of financial instruments.

In addition to offering Contracts for Difference (CFDs) on forex, stocks, commodities, indices, cryptocurrencies, and options, Plus500 also provides access to Exchange-Traded Funds (ETFs), allowing traders to diversify their portfolios further.

The platform offers multiple account options to suit different trading preferences and experience levels, along with a proprietary trading platform that is available on desktop, web, and mobile devices, ensuring seamless access to the markets at all times.

Plus500 also provides comprehensive customer support services and a range of trading tools and resources to assist traders, including risk management tools, technical analysis features, and educational materials.

With its intuitive interface, diverse product offerings, and robust support infrastructure, Plus500 remains a popular choice for traders seeking a reliable and user-friendly trading experience.   Plus500 has a trust score of 85%.

The Pros of Trading with Plus500 will include:

✅Plus500 offers user-friendly trading platforms with configurable features, allowing traders to effectively apply their strategies.

✅Traders can access a wide range of financial assets, such as FX pairings, equities, indices, commodities, and cryptocurrencies, which offer a variety of trading options.

✅Plus500 improves the trading experience by providing new trading tools such as configurable price notifications, enhanced charting tools, and risk management options such as guaranteed stop orders.

Plus500 is regulated by reputable financial institutions such as the FCA, ASIC, and CySEC, ensuring the safety and security of customer assets and instilling trust in traders.

The Cons of Trading with Plus500 may include:

✅While Plus500’s design is user-friendly, it lacks comprehensive training resources and information for traders looking to increase their knowledge and skills.

✅ Plus500 may offer fewer research tools and market analysis resources than other brokers, which could be detrimental for traders who rely heavily on such information.

✅Plus500 charges inactivity fees for accounts that remain idle for a fixed period, potentially penalizing traders who do not trade regularly.

✅While Plus500 offers customer service via email and live chat, some traders may find the lack of phone support frustrating, especially in urgent situations.

FXTM

FXTM, also known as ForexTime, is a prominent forex broker renowned for its comprehensive range of financial products and investor-friendly services.

In addition to offering a wide array of currency pairs, commodities, indices, and stocks for trading, FXTM distinguishes itself by providing access to exchange-traded Funds (ETFs), enabling traders to diversify their investment portfolios with ease.

The broker’s standout features include competitive pricing with tight spreads, fast execution speeds, and a variety of account types tailored to suit different trading styles and experience levels.

FXTM also offers a choice of cutting-edge trading platforms, including MetaTrader 4 and MetaTrader 5, along with innovative tools and educational resources to empower traders.

With its commitment to transparency, reliability, and client satisfaction, FXTM continues to attract traders worldwide seeking a trustworthy and feature-rich trading environment for their financial endeavors.  FXTM has a trust score of 93%.

The Pros of Trading with FXTM will include:

✅Only focuses on trading CFDs.

✅Withdrawals from banks incur high costs.

✅Other brokers’ product portfolios have a lesser selection of tradable marketplaces.

✅Average price when compared to other brokers.

✅Prices for buy order swaps are higher than at other brokers.

✅Slippage happens even with quick execution.

The Cons of Trading with FXTM may include the following:

✅The comprehensive feature set may be intimidating to newcomers, and it may take some time to properly grasp the platform.

✅FXTM may provide a smaller selection of coins than dedicated cryptocurrency exchanges.

✅To guarantee that the platform satisfies all standards, traders should confirm that FXTM complies with local regulations.

✅Certain marketplaces or financial products may be less available than those offered by other brokers.

✅Even if FXTM provides educational materials, consumers may discover that the content is not as comprehensive as they would want, and having more resources may make learning easier.

Octa

Octa is a reputable forex broker recognized for its wide range of financial instruments and trader-friendly services. Notably, Octa stands out by offering leveraged Exchange-Traded Funds (ETFs), providing investors with enhanced opportunities for portfolio growth.

The broker offers competitive trading conditions, including tight spreads starting from 0 pips, fast execution speeds, and low commission fees, ensuring cost-effective trading.

Octa is regulated by reputable authorities such as CySEC and offers a secure trading environment for clients.

Traders also benefit from a variety of trading tools and resources, including advanced charting packages, technical analysis indicators, and expert advisors.

With its commitment to transparency, reliability, and innovation, Octa continues to attract traders worldwide seeking a dynamic and feature-rich trading experience across various asset classes, including leveraged ETFs.  Octa has a trust score of 79%.

The Pros of Trading with Octa will include:

✅Octa provides some of the best spreads in the FX trading market.

✅The platform’s simple and easy-to-use design makes it suitable for both new and experienced traders.

✅Octa is outfitted with cutting-edge trading technologies, including MetaTrader 4 and 5.

✅Octa prioritizes trader education and provides a wide range of learning resources, including tutorials, seminars, and publications.

✅Octa offers cutting-edge security methods to protect users’ data and money. This commitment to protecting client assets and data is a big advantage in an industry where digital security issues are growing more prevalent.

✅Octa offers multilingual customer support 24 hours a day, seven days a week.

✅Octa has created a personalized strategy to accommodate traders’ individual demands and preferences.

✅Because compliance with rules fosters trader confidence and trust, it is critical to Octa‘s operations.

✅Octa provides a choice of account options for traders of different experience levels.

✅Octa offers a cutting-edge mobile trading platform in response to the need for trading on the go.

✅Octa accepts a number of deposits and withdrawals, including credit cards.

✅The Cons of Trading with Octa may include the fact that the Broker has tier 2 regulation, which is not considered top-tier regulation and licensing.

BDSwiss

BDSwiss is a leading forex broker offering a diverse range of financial instruments and services tailored to meet the needs of traders worldwide.

Notably, BDSwiss provides access to over 80 Exchange-Traded Funds (ETFs), allowing investors to diversify their portfolios with ease.  BDSwiss offers a user-friendly trading platform that is accessible via web and mobile devices, providing seamless access to the markets.

With competitive spreads starting from as low as 0.3 pips, BDSwiss ensures cost-effective trading for its clients.

Additionally, BDSwiss is regulated by reputable authorities such as CySEC and adheres to strict regulatory standards, providing traders with a secure and trustworthy trading environment.

Overall, BDSwiss stands out for its extensive range of ETFs, user-friendly trading platform, competitive spreads, and robust regulation, making it a preferred choice for traders seeking a reliable and feature-rich trading experience.

The Pros of Trading with BDSwiss will include:

✅BDSwiss offers a variety of teaching products, such as webinars, tutorials, and market research, to help traders develop their skills and make more educated decisions.

✅BDSwiss provides competitive spreads and minimal trading expenses to clients, making trading more cost-effective.

✅BDSwiss offers access to a wide range of assets, such as FX pairs, stocks, indexes, commodities, and cryptocurrencies.

✅BDSwiss provides advanced charting tools, technical indicators, and risk management features, enabling more efficient and productive trading strategies.

✅BDSwiss is well-regulated, allowing traders to feel secure in the security and integrity of their money.

The Cons of Trading with BDSwiss may include:

✅While BDSwiss offers the popular MetaTrader 4 platform, some traders may prefer other solutions for trading.

✅BDSwiss may charge withdrawal fees for certain payment methods, reducing traders’ overall profits.

✅BDSwiss may restrict service availability in some regions, limiting access for particular traders.

✅While BDSwiss offers customer support, some traders may argue that more contact options or languages would improve accessibility.

✅BDSwiss may offer fewer research tools than other brokers, limiting the level of analysis available to traders.

XTB

XTB is a reputable forex broker renowned for its comprehensive range of financial products and investor-friendly services. Notably, XTB offers access to exchange traded Funds (ETFs), enabling traders to diversify their investment portfolios effectively.

The broker’s most notable features for trading ETFs successfully include competitive pricing with tight spreads, fast execution speeds, and a user-friendly trading platform equipped with advanced charting tools and technical analysis indicators.

Additionally, XTB provides comprehensive educational resources and market analysis to empower traders to make informed trading decisions.

With a commitment to transparency, reliability, and client satisfaction, XTB continues to attract traders worldwide seeking a trustworthy and feature-rich trading environment for their ETF trading endeavors.  XTB has a trust score of 95%.

The Pros of Trading with XTB will include:

✅XTB, which is known for its technological innovation, offers an easy-to-use platform with advanced charting capabilities and substantial market research.

✅The broker is committed to transparency and gives traders fair and simple pricing.

✅XTB offers a wide range of financial products, including indices, commodities, and primary and exotic currency pairs, to give traders more possibilities.

✅Support customized precisely to the needs of dealers enables effective communication and assistance in their own language.

✅XTB provides traders with tools and market knowledge to help them become more competent and skilled traders, with an emphasis on education.

The Cons of Trading with XTB will include the following:

✅Because the pricing structure includes many charges that traders may find confusing, such as spreads and overnight funding, it must be thoroughly analyzed.

✅Despite the straightforward design, some traders may encounter a learning curve, especially when using more advanced features and tools.

✅If XTB’s physical presence is limited, offering face-to-face assistance to traders in need may become increasingly difficult.

What is an ETF Broker?

An ETF broker offers investors access to the foreign exchange market through exchange-traded funds (ETFs). These brokers facilitate trading in a diverse range of currency pairs via ETFs, providing investors with exposure to global currency markets within the familiar framework of ETF trading and simplifying currency investment for traders.

In Conclusion

Overall, selecting the right ETF broker is crucial for successful trading. Whether prioritizing access to diverse ETF offerings, competitive pricing, robust trading platforms, or reliable customer support, each investor’s needs vary. By carefully considering these factors, traders can confidently choose the best ETF broker suited to their individual preferences and goals.

Addendum/Disclosure:  No matter how diligently we strive to maintain accuracy, the forex market is volatile and may change anytime, even if the information supplied is correct when going live.

Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all investors.   Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. In addition, you should not start investing capital you cannot afford to lose because you could lose part of your original investment.

Frequently Asked Questions

What are ETFs, and how do they differ from traditional stocks?

ETFs, or Exchange-Traded Funds, are investment funds that trade on stock exchanges, similar to individual stocks. However, unlike stocks, ETFs typically represent a basket of assets such as stocks, bonds, or commodities, providing investors with diversified exposure within a single investment.

What factors should I consider when selecting an ETF to trade?

When selecting an ETF, consider factors such as the underlying assets, expense ratio, liquidity, tracking error, and the fund’s investment objective. It’s essential to align the ETF’s characteristics with your investment goals, risk tolerance, and overall portfolio strategy.

How can I effectively manage risk when trading ETFs?

Risk management is crucial when trading ETFs. Diversification across various asset classes and geographic regions can help mitigate risk. Additionally, setting stop-loss orders, managing position sizes, and conducting thorough research on the ETF’s underlying assets can aid in minimizing potential losses.

What are the advantages of trading ETFs over mutual funds?

ETFs offer several advantages over mutual funds, including intraday trading flexibility, typically lower expense ratios, tax efficiency, and transparency in holdings. Furthermore, ETFs often provide access to niche markets or specific sectors that may not be easily accessible through mutual funds.

How do I evaluate the performance of an ETF?

When evaluating the performance of an ETF, consider factors such as historical returns, volatility, tracking error, and correlation with the benchmark index. Additionally, assess the ETF’s expense ratio and trading costs to ensure they align with your investment objectives and minimize overall expenses.