Best Forex broker in The Netherlands - Eightcap
Top Forex broker in The Netherlands:
Eightcap - Best broker to trade directly from TradingView charts
FBS - A reliable broker with affordable offers (ASIC regulation, min. deposit 5$)
Vantage Markets - Best for trading CFDs on major U.S. Stocks (zero fees apply)
FxPro - Biggest choice of currency pairs (70+ FX CFDs)
IC Markets - Biggest Forex broker by trading volume (average volume over 22.68B per day)
XM Group - Best Order Execution (99.35% of orders are executed nearly instantly)
In the Netherlands, forex trading is a popular investment method among private investors. Oversight of this market is carried out by the Dutch Authority for the Financial Markets (AFM). Its main role is to ensure transparency and protect the interests of investors.
All forex brokers providing services in the country must be authorized by the AFM. Traders from the Netherlands can also collaborate with brokers regulated in one of the European Union countries, as well as in the United Kingdom and some other countries with high legal standards that accept clients from the Netherlands.
Traders Union has selected the top 10 brokers in the Netherlands based on criteria such as Tier-1 regulation, low commissions and spreads, and favorable trading conditions. In total, over 100 parameters were considered for selecting brokers.
Warning:
There is a high level of risk involved when trading leveraged products such as Forex/CFDs. Between 65% and 82% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Traders Union experts analyzed hundreds of Forex brokers in the Netherlands and selected the top 10 based on criteria that include, low fees, favorable trading conditions, quality educational content, and excellent customer support.
| Broker | Number of currency pairs | Accepts citizens of the Netherlands | Minimum Deposit | Advantages | |
|---|---|---|---|---|---|
40 |
100$ |
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72 |
5$ |
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60 |
50$ |
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70 |
100$ |
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45 |
200$ |
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55 |
5$ |
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60 |
100$ |
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60 |
100$ |
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80 |
1$ |
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50 |
100$ |
|
| Broker | Trading platform | Instruments | Spread | Margin Call / Stop Out | Regulation | Trading features |
|---|---|---|---|---|---|---|
MT4, MT5 |
CFDs on currency pairs, cryptocurrencies, indices, stocks, commodities, and precious metals |
0 points |
80% / 50% |
ASIC, SCB, CySEC, FCA |
Free 30-day demo account; |
|
MT4, MobileTrading |
Forex, indices, metals, futures contracts |
0.2 points |
40% / 20% |
CySEC |
Advisors; Hedging; Protection against a gap. |
|
MT4, MT5, WebTrader, Mobile Apps |
Currency pairs (57), CFDs on stocks (226), indices (26), and commodities (22), energy, ETFs, bonds, share SFDs |
0 points |
100% / 50% |
ASIC, FCA, FSCA, VFSC |
Automated trading; Pro Trader Tools; VPS server; Analytical instruments; Proprietary mobile application. |
|
MT4, MobileTrading, MT5, cTrader, FxPro Edge |
Over 2,100 assets are available: currencies, stocks, indices, futures, metals, energies, and cryptocurrencies. |
0 points |
25% / 20% |
FCA, CYSEC, FSCA, SCB |
Scalping - for all types of financial instruments; Negative balance protection for customer accounts; 24-hour multilingual support, 5 days a week; Advisors; Algorithmic Trading. |
|
MT4, cTrader, MT5, TradingView |
Cryptos and Forex CFDs on indices, commodities, stocks, bonds, and futures |
0 points |
100% / 50% |
ASIC, CySEC, and FSA |
Scalping and expert advisors; |
|
MT4, MT5, MobileTrading, XM App |
Currencies, stocks, commodities, stock indices, precious metals, and energies |
0.6 points |
100% / 50% |
ASIC, FSC, CySEC, DFSA |
There are Islamic accounts; It is possible to connect to the MQL5 trading services. |
|
MT4, MT5, Tickmill Mobile App |
Instruments include currency pairs, commodities market assets, stock indices, stocks, bonds, and cryptocurrencies |
0 points |
100% / 30% |
FSA, LFSA, FSCA, CySEC, FCA |
Hedging; Scalping. |
|
Libertex, MT5, MT4 |
300+ CFDs on stocks, indices, commodities, metals, cryptocurrencies, ETFs, and commodities |
0.1 points |
50% / 50% |
CySEC |
||
MT4, MT5, WebTrader, Mobile platforms |
stocks, ETFs, as well as CFDs on currency pairs, commodities, stocks, indices, bonds, ETFs, and cryptocurrencies. |
0.5 points |
50% / 0% |
FCA, CySEC, ASIC, JSC, CIPC |
Available options for protection against volatility; One-click trading. There is a copy trading platform (available with CySec) |
|
WebTrader, MetaTrader4 |
Forex, Commodities, Indices, Stocks, Metals, Futures (ALL CFDs) |
0 points |
40% / 20% |
CySEC, FCA, FSCA |
Indicators; Advanced Terminal. |
Eightcap offers more than 800 trading instruments, namely CFDs [contract for (price) differences] on currency pairs, cryptocurrencies, indices, stocks, commodities, and precious metals. The broker has a minimum deposit of $100, a free demo account, and two live account types, which differ in trading costs. One account type has standard spreads without a fee, and the other has raw spreads that carry a brokerage fee. The maximum leverage is 1:500. Traders can use any strategy with minimal restrictions. Trading is carried out through MetaTrader 4, MetaTrader 5, and TradingView. Eightcap has two main features. First, the broker has a powerful training and analytical base. Second, the platform offers a number of unique tools, for example, Capitalise.ai, which provides automated trading with minimal risk. At the same time, there are no options for passive income, not even a referral program.
FBS (fbs.com) is an international broker operating in 190 countries. The brokerage company has been on the market for over 10 years, and during this time it has earned about 40 international awards. It is regulated by the CySEC under license number 331/17 and provides flexible conditions for Forex trading. In addition to classic currency pairs, the company's clients can trade indices, futures contracts, exotic currencies, and metals. FBS is especially popular in Asian countries such as India, Malaysia and Indonesia.
Vantage Markets is a multi-asset broker that has been operating since 2009. The company operates under the licenses of four regulators – the UK (FCA, 590299), Australia (ASIC, 428901), Vanuatu (VFSC, 700271), and South Africa (FSCA, 51268). Over the years, Vantage Markets has received numerous accolades and prestigious awards. Read more about Vantage Markets Available Countries.
Yes, Forex trading is considered legitimate in the Netherlands. The country has a well-regulated financial market overseen by the Dutch Authority for the Financial Markets (AFM). Forex brokers operating in the Netherlands must be authorized by the AFM, ensuring they meet certain standards and regulations. This provides traders with a level of security and protection when engaging in Forex trading activities.
Additionally, traders from the Netherlands can also choose to work with brokers regulated in other European Union countries, as well as in the United Kingdom and other countries with strong legal frameworks. This flexibility allows traders to access a wider range of brokers and trading opportunities while still benefiting from the protections provided by reputable regulatory bodies. Overall, Forex trading in the Netherlands is a legitimate and regulated activity, providing traders with opportunities to participate in the global financial markets.
There are critical Forex trading rules every trader in the Netherlands or other countries under the EU should know. Among the Forex trading rules set by the EU financial regulator, regulation of Forex brokers is critical.
While each nation may have its own trading laws based on its economic situation, countries that are members of the EU must abide by European Commission regulations regarding overhead trading. Regulated Forex brokers offering currency trading services to traders in the Netherlands or other EU countries adhere to the following rules.
Leverage restrictions for opening a position range from 30:1 to 5:1. Limits will change based on the underlying asset's volatility
Brokers are required to offer negative balance protection to traders to reduce client losses
Brokers are prohibited from providing bonuses (such as deposit bonuses) to traders
Binary Options trading is categorically prohibited, so brokers are not permitted to provide traders with binary trading options
When learning how to start Forex trading, the most important stage is choosing a Forex broker. Below are factors traders must consider if they seek the best Forex brokers in the Netherlands.
Learning about the broker's regulatory status is the first factor traders in the Netherlands must consider. Investors must ascertain whether the broker is governed by a national or international agency.
Many of the best Forex brokers in the Netherlands have low or no commission for transactions on their platform. Also, they offer traders a low fee for some of their services. Traders should learn about the cost before they make that first trade. The best Forex brokers for beginners offer great pricing and are honest about the fees they charge.
Learning the order execution speed and deposit and withdrawal times are crucial factors traders must find out before choosing a broker.
Before choosing a broker, novice traders are advised to familiarize themselves with the initial or minimal deposit requirement. This assists you in selecting a broker who can accommodate your financial situation.
Investigate the broker's market capitalization. This gives traders details about the volume and total value of all the currencies traded on the platform.
MT4, MT5, and cTrader are popular trading platforms integrated by the best Forex Brokers in the Netherlands. Ensure you know what other trading platforms the broker integrates.
The minimum deposit, commission, and leverage vary depending on the account types offered by a broker. So a trader must research the various account types before opening a Forex trading account with any broker.
| Day of the week | Votes |
|---|---|
|
Assets for copy trading
Monday |
Regulator
339 |
|
Assets for copy trading
Tuesday |
Regulator
285 |
|
Assets for copy trading
Wednesday |
Regulator
730 |
|
Assets for copy trading
Thursday |
Regulator
400 |
|
Assets for copy trading
Friday |
Regulator
326 |
|
Assets for copy trading
Total |
Regulator
2080 |
Experts agree that Tuesday, Wednesday, and Thursday are the best days for Forex trading; the Forex market is said to experience higher volatility within these days. But the best time to trade Forex in the Netherlands should be during the London and New York overlap (between 8:00 and 11:00 a.m. EST).
Having mentioned the best day and time to trade Forex in the Netherlands, there are currency pairs to trade during this period. Experts say that the major currency pairs, which are a mix of currencies from the most developed, robust, and stable economies, are the best. Choosing pairs with the US dollar is advised because it is the most powerful and dominant currency, accounting for 72.87% of all global trades.
Below is a list of the currency pairs to trade on the best Forex Brokers in the Netherlands:
EUR/USD
USD/JPY
GBP/USD
AUD/USD
USD/CAD
USD/CHF
For novice traders in the Netherlands, starting with a demo or cent account, or getting involved in copy trading, can be an excellent way to learn and gain experience. Demo accounts offer a risk-free environment for practicing trading strategies with virtual funds. Cent accounts allow traders to trade with small amounts of real money, reducing risk while still experiencing authentic trading conditions. Copy trading involves replicating the trades of experienced traders, allowing beginners to learn from their strategies and decisions.
| Broker | Demo | Cent | Copy Trading | |
|---|---|---|---|---|
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For many brokers, MetaTrader 4 (MT4) and MetaTrader 5 (MT5) suffice, offering various advantages such as:
A user-friendly interface
Customizable charts
Technical analysis tools
Automated trading capabilities
Multiple timeframes
Expert Advisors (EAs) for algorithmic trading
For trading on ECN accounts, brokers typically provide cTrader, which offers additional features for faster transactions and running trading bots.
For more comprehensive technical analysis, some brokers integrate with TradingView. This platform provides advanced charting tools, a wide range of technical indicators, and extensive drawing options.
Those seeking advanced analytics may prefer proprietary trading terminals from major international brokers. These platforms offer unique features tailored to experienced traders, giving them an edge in the market.
Yes, Forex trading is legal in the Netherlands. It is regulated by the Dutch Authority for the Financial Markets (AFM), which oversees the financial industry to ensure fair and transparent trading practices. Traders can engage in Forex trading with brokers authorized by the AFM, providing a level of security and protection.
Yes, you can trade with international Forex brokers in the Netherlands. The Netherlands does not restrict its residents from trading with international brokers. However, it's important to be cautious and choose a reputable broker that is regulated by a well-known regulatory authority, such as the Financial Conduct Authority (FCA) in the UK or other tier-1 regulators in EU countries. Trading with an unregulated broker can expose you to higher risks, including fraud and misconduct.
A reasonable amount to start practicing Forex trading is around €100. However, to have a realistic chance of earning money from trading, it's recommended to have at least €500. This amount allows you to trade with moderate leverage and manage your risks more effectively, increasing your chances of successful trades and profitable outcomes .In general, it's important to remember that if you can successfully turn €500 into €1000, you'll likely have a better chance of turning €100,000 into €200,000. By honing your skills and strategies with smaller amounts, you can develop the expertise needed to manage larger sums more effectively and potentially achieve greater returns in the long run.
Forex trading can be profitable, but it comes with risks. Statistics show that a large majority of traders, up to 82%, actually lose money. However, this doesn't mean that Forex trading is inherently unprofitable. To improve your chances of success, it's crucial to learn and practice extensively. This involves understanding the market, developing a trading strategy, and honing your skills through continuous learning and practice. It's also important to manage risks effectively by using appropriate risk management techniques and not risking more than you can afford to lose.
Peter Emmanuel Chijioke is a professional personal finance, Forex, crypto, blockchain, NFT, and Web3 writer and a contributor to the Traders Union website. As a computer science graduate with a robust background in programming, machine learning, and blockchain technology, he possesses a comprehensive understanding of software, technologies, cryptocurrency, and Forex trading.
Having skills in blockchain technology and over 7 years of experience in crafting technical articles on trading, software, and personal finance, he brings a unique blend of theoretical knowledge and practical expertise to the table. His skill set encompasses a diverse range of personal finance technologies and industries, making him a valuable asset to any team or project focused on innovative solutions, personal finance, and investing technologies.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).
