Best Forex brokers for beginners in Czech Republic in 2024

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The minimum deposit in RoboForex is $10. Leverage up to 1:2000. Traders choose RoboForex for reliability, favorable trading conditions, minimum spreads, and commission fees. The company is recommended for beginner traders and experienced investors.

8.28

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FBS is a broker for those who appreciate a variety of trading instruments and prompt support. The company is suitable for both beginners and experienced traders working on PCs and smartphones.

8.5

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FxPro is a reliable broker company that offers market access to all traders, regardless of their level of knowledge and experience. Broker's clients are protected from negative balance; their activities are carried out in comfortable conditions and with competent professional support.

7.27

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NPBFX is a universal broker providing services on off-exchange financial markets. Trading conditions are suitable for traders with any level of knowledge and opportunities. Investors have access to ZuluTrade social trading.

6.08

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The broker is suitable for traders with a basic trading experience, who are prepared to start trading on a real account right away.

Best forex brokers for beginners in Czech Republic in 2024

	RoboForex	FBS	FxPro	NPBFX	4XC
Trading platform	МТ4, МТ5, R StocksTrader, R MobileTrader, R WebTrader	MetaTrader 4, MetaTrader 5, FBS Trader	MetaTrader 4, MetaTrader 5, cTrader, FxPro Edge	МТ4	MT4, MT5, Webtrader
Min deposit	$10	$1	$100	$10	$50
Leverage	From 1:1 to 1:2000	From 1:1 to 1:2000	From 1:1 to 1:500	From 1:1 to 1:1000	From 1:1 to 1:500
Trust management	No	No	No	No	No
Accrual of % on the balance	0.00%	0.00%	0.00%	0.00%	0.00%
Spread	From 0.0 points	From 0.2 points	From 0.0 points	From 0.4 points	From 0.0 points
Level of margin call / stop out	60% / 40%	40% / 20%	25% / 20%	0% / 30%	100% / 50%
Execution of orders	Market Execution, Instant Execution	Market Execution	Market Execution	Instant Execution, Market Execution	Market Execution
No deposit bonus	No	$5	No	No	$50
Cent accounts	Yes	Yes	No	No	No

There are certain specifics in trading, which novice traders residing in the territory of Czech Republic need to know about:

Novice traders need educational courses. The bigger the educational blocks, the more useful knowledge you will gain.
Take notice of the availability of a demo account or a cent account. Traders can use these accounts to practice without considerable costs. A demo account allows you to work with virtual money, and a cent account - with micro lots, where your profit or loss amounts to just several dollars or even cents.
When choosing a broker, it is important to evaluate its fees schedule. Novice traders should check out the fees on cent or basic accounts.
If a novice trader professes Islam, he needs to make sure that an Islamic account is available. it is a special swap-free account that does not violate the Sharia law.

1
Best Forex broker for beginners in Czech Republic - RoboForex

RoboForex is a well-established brokerage company offering a broad spectrum of trading opportunities for active traders and investors alike. With an impressive selection of over 12,000 financial instruments - including currency pairs, CFDs on stocks, indices, metals, energies, and futures - RoboForex provides a versatile trading environment.
The broker boasts competitive trading conditions: tight spreads starting from 0 pips, high leverage up to 1:2000, and fast execution speeds. The broker also offers the CopyFx investment program, which allows traders to copy the strategies of successful investors and earn passive income. Additional perks include instant fund withdrawals and some of the industry’s highest affiliate payments (up to 84%).
RoboForex prioritizes reliability and client satisfaction, establishing itself as a trusted partner for traders worldwide.

👍 Advantages of trading with RoboForex for traders from Czech Republic:

•Availability of favorable trading conditions and a minimum deposit

•Unique investment program CopyFx

•Highest affiliate payments: up to 84% of the fee paid by the referral

•Market launch - STP and ECN

•Instant withdrawal of funds

•Minimum deposit - $10

👎 Disadvantages of RoboForex for traders from Czech Republic:

•A small number of currency pairs - 36, for accounts: Pro, Pro-Cent, ECN, Prime

•Lack of tools when trading on the R StocksTrader platform

RoboForex Commissions & Fees for traders from Czech Republic

RoboForex charges trading fees. The fees are charged as the spread. In the fees review for traders from Czech Republic, you can learn about their rates depending on the account type.

RoboForex Commissions and Fees in Czech Republic

Account type	Spread (minimum value)	Withdrawal commision
Pro	$13	No
Pro-Cent	$13	No
ECN	$3	No
Prime	$1	No

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2
Best Forex broker for beginners in Czech Republic - FBS

FBS is an international broker with a strong presence in Asia, offering a wide range of trading instruments including Forex, stocks, indices, energies, and metals. With over 90 international awards and 27 million clients across 150 countries, FBS boasts a strong global reputation.
The company provides flexible trading conditions: leverage up to 1:3000, floating spreads from 0.7 pips, commission-free trading, and fast execution speeds starting at 0.01 seconds. FBS ensures client security with negative balance protection and offers a user-friendly experience on familiar trading platforms.
While FBS doesn't currently offer cryptocurrency trading or passive income options like PAMM accounts and copy trading, its competitive conditions and extensive educational resources make it a compelling choice for traders seeking a comprehensive and accessible experience.

👍 Advantages of trading with FBS for traders from Czech Republic:

•negative balance protection;

•a large selection of trading instruments;

•the support service works 24/7.

👎 Disadvantages of FBS for traders from Czech Republic:

•no cryptocurrency;

•auto copying is not available;

•no PAMM accounts;

•not suitable for short-term trading, such as scalping;

•the support service works in a limited number of languages;

•only two real accounts.

FBS Commissions & Fees for traders from Czech Republic

FBS charges trading fees. The fees are charged as the spread. In the fees review for traders from Czech Republic, you can learn about their rates depending on the account type.

FBS Commissions and Fees in Czech Republic

Account type	Spread (minimum value)	Withdrawal commision
Standard	From $1.7	No
Cent	From $1.3	No

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3
Best Forex broker for beginners in Czech Republic - FxPro

FxPro is a well-established broker offering traders access to over 2,100 financial instruments across multiple asset classes, including Forex, stocks, commodities, indices, and cryptocurrencies. It is regulated by reputable authorities – FCA, CySEC and others.
The broker stands out with its focus on technology and offers an average order execution speed of 14-30 ms, setting a market benchmark. FxPro also provides an impressive suite of trading tools and educational resources, such as Trading Central analytics. The minimum deposit of $100, however, is higher than some competitors.
With a company capital exceeding 100 million euro, and a track record of reliability, FxPro stands out as a top-tier choice for traders looking for a secure and dynamic trading environment.

👍 Advantages of trading with FxPro for traders from Czech Republic:

•Negative Balance Protection of a client on a real account is a unique broker service. It has an automated transaction monitoring and a risk management system, the capital is guaranteed not to go into a negative balance;

•insurance of client funds at the expense of the broker participation in an investor compensation fund;

•beginner traders will be able to access tested advisors;

•a full package of services is available to the client regardless of the balance of his account;

•VIP account holders are offered a personal manager and get a Free VPS;

•company capital exceeds 100 million euros;

•offers swap-free accounts for customers whose religious beliefs do not permit swapping eg. Islamic traders;

•the reliable trading environment provided by the competent educational and research department.

👎 Disadvantages of FxPro for traders from Czech Republic:

•it is not the best choice for beginner traders who are looking for their first broker as the minimum deposit of $100 is considered high;

•difficulties registering in an affiliate program.

FxPro Commissions & Fees for traders from Czech Republic

FxPro charges trading fees. The fees are charged as the spread. In the fees review for traders from Czech Republic, you can learn about their rates depending on the account type.

FxPro Commissions and Fees in Czech Republic

Account type	Spread (minimum value)	Withdrawal commision
FxPro MT4 Instant	From $10	0
FxPro MT4 Fixed	From $5	0
FxPro MT5	From $5	0
FxPro cTrader	From $3	0
FxPro Platform	From $1	0

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4
Best Forex broker for beginners in Czech Republic - NPBFX

NPBFX is a long-standing broker offering competitive spreads starting from 0.4 pips and leverage up to 1:1000. Traders can access a variety of markets including Forex, oil, stocks, and indices. Account types range from beginner-friendly Master account to more advanced options like Expert and VIP accounts.
NPBFX has fast order execution speeds (50-70 ms), making it suitable for scalping and high-frequency trading. Moreover, the broker explicitly indicates that these approaches are welcomed. However, clients should note that the only available trading platform is MetaTrader 4.
NPBFX doesn't hold licenses from major regulators, but the broker is a member of the Financial Commission, offering some level of deposit insurance and dispute resolution.

👍 Advantages of trading with NPBFX for traders from Czech Republic:

•The broker provides traders with best market prices supported by liquidity from Tier 1 banks and ECN systems, such as Integral, Currenex, and Hotspot;

•Membership in the Financial Commission provides up to EUR 20,000 insurance coverage on deposits of traders;

•social trading with access to the independent ZuluTrade platform;

•Loyal trading conditions. Minimum deposit is $10 with leverage up to 1:1000;

•all strategies are allowed, including scalping, hedging/locking, and algorithmic high-frequency trading on all types of accounts.

👎 Disadvantages of NPBFX for traders from Czech Republic:

•compared to other brokers, the speed of copying trades on ZuluTrade is not the fastest;

•no MT5 trading platform, which has unique advantages over MT4;

•There are no licenses from regulators. The broker is a member of the Financial Commission, which does not always support traders and is not authorized to recover fines imposed on brokers;

•no cent accounts.

NPBFX Commissions & Fees for traders from Czech Republic

NPBFX charges trading fees. The fees are charged as the spread. In the fees review for traders from Czech Republic, you can learn about their rates depending on the account type.

NPBFX Commissions and Fees in Czech Republic

Account type	Spread (minimum value)	Withdrawal commision
Master	from $8	Yes
Expert	from $6	Yes
VIP	from $4	Yes
Zero	from $8	Yes

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5
Best Forex broker for beginners in Czech Republic - 4XC

4XC offers access to trading Forex, metals, indices, oil, forward contracts, and cryptocurrencies, over 80 trading instruments in total.
4XC provides competitive conditions such as leverage up to 1:500 and spreads starting from 0.0 pips. The broker supports multiple account types including Standard, Pro, and VIP, each tailored to meet different trading needs and strategies.
For passive investing, the broker provides PAMM accounts and social trading service. The Signal Centre at 4XC enhances trading with premium AI signals integrated via the easy-to-use Acuity Trading Tool plugin, which seamlessly integrates into MetaTrader 4/5 platforms. Also, the broker provides additional free trading signals on its website.

👍 Advantages of trading with 4XC for traders from Czech Republic:

•Attractive trading conditions for beginners. Minimum deposit is USD 50 with leverage up to 1:500. This amount is enough to open a position on some assets within the rules of risk management;

•Relatively narrow spread: from 1 pips on the Standard ECN account;

•Good educational opportunities: structured courses for beginners, advanced traders and experts.

👎 Disadvantages of 4XC for traders from Czech Republic:

•Withdrawal fee (except for the VIP account). Withdrawals are limited to one transaction per day;

•The FAQ section does not fully answer the questions of a potential trader.

4XC Commissions & Fees for traders from Czech Republic

4XC charges trading fees. The fees are charged as the spread. In the fees review for traders from Czech Republic, you can learn about their rates depending on the account type.

4XC Commissions and Fees in Czech Republic

Account type	Spread (minimum value)	Withdrawal commision
Standard	from USD 10	0.5-3%
Pro	USD 0	0.5-3%
VIP	USD 0	no