Best Forex Brokers in The Netherlands for 2021 • Benzinga

Want to jump straight to the answer? The top forex agent for most populate is definitely FOREX.com or CedarFX.

Several online brokers have offices in Netherlands, and many foreign brokers open accounts for traders who reside in the country. Every bit portion of the European Union (EU), The Netherlands has a strict regulatory environment.

Forever ensure that any broker you take is well-regulated past its topical financial authority. Keep on in thinker that not all forex brokerages are created equal, so make sure to carefully consider your needs equally a monger and control they are met before fashioning a margin bank deposit to open a live forex trading calculate.

Best Forex Brokers in the Netherlands:

Account Minimum

$100 USD (surgery like)

1 Minute Review

HYCM is 1 of the world's leading forex brokers, offering investors approach to over 69 unique up-to-dateness pairs. However, forex ISN't the only matter the agent offers — HYCM besides offers high rates of leveraging, stock and ETF trading, commodity investing and some more. Getting started with HYCM is immediate and easy, and most investors fire open an account in as little arsenic 10 transactions.

HYCM offers a variable tip construction, which allows investors to choose the spread option that's best for them. A wide range of learning and investment tools are available, which can be equally beneficial to both experienced and novice traders. Though HYCM ISN't currently available in the United States, it can be a great select for residents of the other 140 countries where it offers service.

Best For

Investors who wish a customizable tip schedule
Traders comfortable using the MetaTrader platform
Islamic traders who need swap-free accounts that don't bod interestingness

Pros

Wide range of vogue pairs available
Excellent pick of educational tools
$0 deposit and withdrawal fees

Cons

Not currently available to traders founded in the U.S.

1 Minute Review

FOREX.com is a one-stop shop for forex traders. With a massive range of tradable currencies, low account minimums and an impressive trading weapons platform, FOREX.com is an excellent prize for brokers searching for a home base place for their currency trading. New traders and veteran veterans alike will love life FOREX.com's extensive education and research center that provides free, exemplifying forex trading courses at multiple accomplishment levels. While FOREX.com is efficacious, remember that it isn't a standard broker.

Best For

MetaTrader 4 users
Beginner forex traders
Active forex traders

Pros

Splendid, easy-to-navigate platform
Wide range of instruction and research tools
Access to ended 80 currencies to buy and sell
Leverage available leading to 50:1

Cons

Cannot buy in and sell past securities (like stocks and bonds)

Best For

International Forex/CFD Traders

Get started securely through eToro's website

Revealing: eToro USA LLC; Investments are subject to market risk, including the possible red ink of principal.

1 Minute Review

Though Australian and British traders might know eToro for its easy stock and flying trading, the agent is instantly expanding into the United States with cryptocurrency trading. U.S. traders can begin purchasing and selling both major cryptocurrencies (like Bitcoin and Ethereum) as fountainhead as littler names (like Tron Mint and Stellar Lumens).

eToro offers traders the opportunity to invest their assets into premade portfolios or cryptocurrencies, similar to services offered by robo-advisors done traditional brokers. Though eToro ISN't a one-break-shop for everything an investor needs, its easy-to-use platform and low spreads is a slap-up way to enter the cryptocurrency market.

Best For

International Forex/CFD Traders
New cryptocurrency traders looking an easy-to-role political program
Traders World Health Organization want to buy and deal cryptocurrencies on-the-go

Pros

Simple platform that is easy to master
CopyTrader feature that allows new traders to copy the same strategies used aside professionals
Virtual dummy account that gives you $100,000 to practice trades

Cons

U.S. traders presently limited to cryptocurrencies
Exclusive 15 John Roy Major coins available to trade

1 Minute Review

A in full regulated broker with a presence in Europe, South Africa, the Near East, British Virgin Islands, Australia and Japan, Avatrade deals with mainly forex and CFDs on stocks, commodities, indexes, forex, cryptocurrencies, etc. This brokerage house is headquartered in Dublin, Ireland and began offering its services in 2006. IT offers multiple trading platforms and earns chiefly through spreads.

Best For

Beginners
Advanced traders
Traders looking for a well-diversified portfolio

Pros

Controlled by regulatory agencies of multiple countries
Alternative offered in price of trading platforms
Support available in 14 languages and trading platforms in 20 languages
Practice/demo account purchasable for trying out
Comprehensiveness of trading assets

Cons

Does not accept customers from the U.S. equally it isn't regulated in the U.S.
Transferring funds to the story may take up to fin days; withdrawals could take upfield to 10 days

Best Forex Brokers in the Netherlands:
Trading Forex in the Netherlands
What to Look for in a Dutch Forex Broker
The Best Forex Brokers in the Netherlands
Inalterable Thoughts

Trading Forex in the Netherlands

The Dutch national currency is the European Union's euro (EUR), which is divided into 100 smaller denominations known as cents. According to the Depository financial institution of International Settlements (BIS), the euro was the second most-traded currentness in 2016 and made up roughly 31.4 percent of overall forex commercialize turnover in that twelvemonth.

The EUR likewise ranked second among the world's most popular currencies held as of import coin bank militia, amounting to some 19% of total militia in 2018's 3rd quarter, reported to the IMF (International Monetary Fund). With obedience to Dutch business sector regulation, Netherlands Authority for the Financial Markets (AFM) is the financial services regulatory authorization for the Netherlands.

Its role is comparable that of the SEC in the United States. The regulator aims to protect investors and traders by ensuring that European country financial markets operate smoothly and remain comprehensible, American Samoa well as promote investor confidence. Financial institutions need to atomic number 4 authorized by AFM earlier operating in Holland, and its regulatory agency includes overseeing online forex brokers based in Netherlands.

When it comes to forex trading, there are different prestigious forex brokers based in the EC to take from, although Dutch residents lavatory easily deposit money and trade forex via accounts held with foreign brokers regulated in unusual strict jurisdictions like the United States.

Remember that whatsoever legitimate foreign forex broker will generally state to regulation in the country where your primary trading operations are situated, so be sure to opt a good broker overseen by a reasonably strict restrictive organization.

What to Look to in a European country Forex Broker

No matter whether an online forex broker is based in the Europium or elsewhere, the trump online brokerage options will typically make the following characteristics:

Regulated in a abstemious jurisdiction
Solidified client reputation
Allows you to open an account of the type you want
Requires an cheap negligible deposit
Has a high decent maximum leverage ratio for your trading scheme
Has competitive transaction prices
Provides security against negative balances
Keeps order slippage to a token
Maintains client funds separate from its have money
Has withdrawal and sedimentation methods that suit you

Another primal matter to sustain in mind when choosing a suitable online forex broker involves fit-supported trading software . Numerous online brokers have their own proprietary trading platforms clients can use and at the same time provide market access via favorite third-political party trading platforms such as NinjaTrader, cTrader and MetaTrader 4 and 5 from MetaQuotes.

The Best Forex Brokers in the Netherlands

If you'atomic number 75 quest a reliable online forex broker, select from among the well-regulated brokers listed below. This selection in the main includes online brokers with offices in the EU (in the main in the U.K. and Cyprus) like FXTM, FXCM, IG and FXPro.

The list besides includes FOREX.com, a well-thermostated factor based in the United States. If an online broker has established an office in the EU and is regulated under the MiFID's rules, IT tends to roleplay more responsibly since topical action at law can be confiscate against them if necessary. Litigating outside the EU can be challenging and will likely cost you extra money and time if grave problems with your broker ever arise. All of these legitimate online brokers already have English language websites and client maintenance staff.

If you prefer to use Dutch rather than English, and then you will most likely want to choose a broker with a website translated into European nation as well as a customer service desk with staff members who speak the words. Selecting the best forex broker for your online trading needs will hinge on your uncomparable situation, so check out the options apiece agent offers to find your best fit. Present's a quick tilt of some of the top online forex brokers if you're from the Holland:

Minimum Trade Sizing

1,000 (0.01)

Commisions

$5 per 100K listed

Best For

MetaTrader 4 users
Beginner forex traders
Active forex traders

Best Overall: FOREX.com

FOREX.com is the transcend U.S. forex agent with respect to client assets. Piece it may not be regulated by the AFM, it is instead strictly ordered by the NFA and CFTC in the U.S.A, additionally to regulators in the U.K., Canada, Australia, Japan, Hong Kong, Singapore, and the Cayman Islands.

You can investment firm a trading account at FOREX.com with only $250, and the broker lets you trade micro lot if you prefer to start with smaller trading amounts. The broker also segregates client accounts from its own funds and has an Moslem account option.

The company offers several background, web-based and mobile trading platforms, including NinjaTrader and the e'er-common MetaTrader 4 and 5 platforms from MetaQuotes. Clients can also enjoyment its proprietary Advanced Trading Platform for background computers and its Web Trading political program if you favour to trade via a browser.

When it comes to leverage, FOREX.com has a somewhat double-bass maximum leverage ratio of only 50:1 easy to clients trading currencies. You can sojourn the broker's official internet site for more information at FOREX.com .

Read Benzinga's full FOREX.com Review

Advisable For

U.S. based cryptocurrency traders
Social and simulate traders
Perfoliate interface
Community engagement and following other traders

Disclosure: eToro USA LLC; Investments are discipline to market risk, including the workable loss of principal.

eToro

eToro is a social trading weapons platform WHO has provided forex products and more than to retail clients for over 10 years. With 10 million worldwide account holders, eToro allows users to be a part of the trading community around them.

eToro has many features, with their most popular ones for forex trading being CopyTrader, CopyPortfolios, and the Social News Provender.

With the Social News Feed, you get accession to a Chirrup-esque feed to trader updates. Traders discuss the markets, their strategies, and are able to get alerts based on certain commercialise factors.

With CopyTrader and CopyPortfolio, you can locate a successful trader and copy their strategy. With the ability to copy up to 100 traders, this feature is easy to set heavenward and access.

Read Benzinga's sonorous eToro Refresh

Final Thoughts

If you ringing in the Netherlands, choose a well-regulated broker that keeps client accounts isolated from its own accounts and places them on deposit with a top tier bank. Regulation by an EU-based financial oversight dominance is likewise highly advisable, while the NFA and CFTC also offer strict regulation.

The safety of your gross profit margin deposition is another selfsame important factor to remember when choosing a forex broker. Also, constitute sure that any trading profits you earn privy be easily and promptly withdrawn upon bespeak. Take some meter to search the broker's client reputation ratings thoroughly and watch out for warning signs, such as a of import number of account holders who account unresolved issues when they essa to withdraw earnings from the broker.

FOREX.com, listed with the Trade good Futures Trading Commission (CFTC), lets you trade a comfortable range of forex markets plus spot metals with abject pricing and fast, quality execution along every trade.