CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs — provider-specific figures are shown with each broker.
2026Brokers for traders across Europe

The best forex brokers in Europe, compared

Regulation, costs and platforms for European traders — with country guides that explain local rules, regulators and tax.

13country guides
1:30ESMA max retail leverage
€20kCySEC ICF cover
0paid rankings
#2 · Platform choice
PS

Pepperstone

4.8/5
  • EU regulationCySEC · BaFin
  • Min deposit€0
  • PlatformsMT4, MT5, cTrader, TradingView
Visit PepperstoneRead more
72.9% of retail investor accounts lose money when trading CFDs with this provider.
#1 · Top pick 2026
HM

Hantec Markets

by Hantec Group
4.9/5
  • RegulationFCA · ASIC · FSC
  • EUR/USDfrom 0.1 pips*
  • Min deposit$100
  • PlatformsMT4, MT5
Visit Hantec MarketsRead review
*Pro ECN, plus commission. XX% of retail CFD accounts lose money with this provider. Availability for EU residents: confirm
#3 · Markets range
IG

IG

4.8/5
  • EU entityIG Europe GmbH · BaFin
  • Founded1974
  • PlatformsIG platform, MT4, ProRealTime
Visit IGRead more
74% of retail investor accounts lose money when trading CFDs with this provider.
Rankings

Best brokers for European traders

Lists by regulator, platform and trading style.

Country guides

Forex trading in your country

Local regulator, legal status, tax basics and the brokers that accept residents.

What does one trade really cost?

Pick a broker and a position size to see the round-trip cost of one EUR/USD trade, in euros.

Illustrative only. Excludes overnight financing. Hantec figure based on the Pro ECN minimum spread; check current commission with the broker.

Spread cost per trade€0.92
Guides

Rules every European trader should know

How we compare

Forex brokers accepting EU clients

Instead of a generic "top 10 forex brokers in Europe" list, we focus on forex brokers accepting EU clients through EU-authorised entities — so you keep ESMA protections such as the 1:30 leverage cap, negative balance protection and access to an investor compensation scheme.

We compare costs in euros, the platforms and forex trading apps available in Europe, and how each broker handles local tax reporting. Check when the market is most liquid in forex trading sessions in European time, then read the guide for your country.

FAQ

Questions from European traders

Which is the best forex broker in Europe?

Hantec Markets is our top pick for 2026. Check which group entity would hold your account and whether it serves residents of your country before you apply.

Is forex trading legal in the EU?

Yes. Forex and CFD trading is legal across the EU and regulated under MiFID II, with ESMA product-intervention rules for retail clients. National regulators supervise brokers locally.

What leverage is allowed for retail traders in Europe?

Up to 1:30 on major currency pairs, 1:20 on minor pairs, gold and major indices, and lower limits on other assets.

Is my money protected with an EU broker?

EU brokers must segregate client funds. Compensation schemes vary by country — for example, CySEC's Investor Compensation Fund covers eligible clients up to €20,000.