10 Best Forex Brokers with Big Accounts
Last Update: June 26th, 2024
The 10 Best Forex Brokers with Big Accounts revealed. Forex traders with significant capital and experience know what they require from their forex broker. Therefore, we have evaluated and tested the trading accounts of several brokers to compile this guide on the 10 Best Brokers.
In this in-depth guide, you’ll learn:
- What are “Big Accounts” in Forex Trading?
- Who are the 10 Best Forex Brokers with Big Accounts?
- What are the Benefits of Trading with Big Accounts in Forex?
- Currency pairs and Trading experience with Big Accounts?
- Conclusion
- FAQs
And lots more…
So, if you’re ready to go “all in” with the 10 Best Forex Brokers with Big Accounts…
Let’s dive right in…
🏆 10 Best Forex Brokers
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 10 | Visit Broker | |
4 | Read Review | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB | USD 200 | Visit Broker | |
5 | Read Review | FCA, CySEC, FSCA, SCB | USD 100 | 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 |
10 Best Futures Trading Forex Brokers (2024*)
- ☑️Exness – Overall, is a prominent forex broker.
- ☑️HFM – Offers diverse trading options.
- ☑️IG – Offer a range of trading possibilities.
- ☑️Interactive Brokers – experienced traders trading large volumes.
- ☑️Dukascopy – Known for its strict security protocols.
- ☑️Saxo Bank – For traders with high transaction frequency.
- ☑️AvaTrade – a Well-regulated Forex and CFD broker.
- ☑️CMC Markets – High-volume option traded on the London Stock Exchange.
- ☑️FOREX.com – High-volume traders earn up to 4.5% interest.
- ☑️Pepperstone – Traders receive rebates daily.
What are “Big Accounts” in Forex Trading?
These accounts do not only refer to accounts with large deposits or balances. Instead, these accounts are associated with high-volume trading, sophisticated trading strategies, and more dynamic trading options across financial markets.
Big Forex accounts are designed for experienced traders and institutions with financial investments beyond standard restrictions.
They support complex methods like exploiting economic indicators or using elaborate algorithms for anticipating and executing trades.
Traders using these accounts often have customized account management, specialized trading tools, and trading experience, enabling them to navigate the turbulent Forex market with strategic and informed knowledge.
Top 10 Forex Brokers with Big Accounts
👥 Brokers | 👉 Open Account | 💰 Minimum Deposit | ⚖️ Regulation | 💻Demo Account |
Exness | 👉 Open Account | USD $10 | CySEC, FSA | ✔️ |
HFM | 👉 Open Account | USD $100 | FSP, FSCA | ✔️ |
IG | 👉 Open Account | Depends on account type and currency. | FCA, ASIC, NFA, CFTC, FMA | ✔️ |
Interactive Brokers | 👉 Open Account | USD $2000 | SEC, FINRA, CBI, MAS, SFC, ASIC, | ✔️ |
Dukascopy | 👉 Open Account | USD $100 | FINMA, ESMA, CTF, AML | ✔️ |
Saxo Bank | 👉 Open Account | USD $0 | ASIC | ✔️ |
AvaTrade | 👉 Open Account | USD $100 | Central Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA, KNF, IIROC | ✔️ |
CMC Markets | 👉 Open Account | USD $0 | FCA, ASIC, CTF, AML | ✔️ |
FOREX.com | 👉 Open Account | USD $100 | CFTC, FCM, RFED, NFA, | ✔️ |
Pepperstone | 👉 Open Account | USD $200 | FCA, ASIC, DFSA, CySEC | ✔️ |
Exness
This is a prominent forex broker designed for high-volume traders. Exness offers various account types for professional and experienced traders.
Furthermore, with regulatory permits in major regions like the UK, Cyprus, Seychelles, and South Africa, Exness ensures a safe and consistent trading environment.
With a trading volume of over $4 trillion, Exness manages large-scale deals efficiently. The Pro Account offers ultra-tight spreads without commissions, while the Raw Spread and Zero accounts offer spreads starting at 0 pips with a fee structure.
Unique Features
Feature | Information |
💰 Minimum Deposit | Depends on the payment system |
💲 Account based Currency? | ZAR, AUD, ARS, AZN, BDT, BHD, BND, BRL, BYR, CAD, CHF, CLP, CNY, COP, CZK, DKK, DZD, EUR, GEL, GBP, GHS, HKD, HUF, IDR, ILS, INR, JOD, JPY, KES, KRW, KWD, KZT, LBP, LKR, MAD, MXN, MYR, NGN, NOK, NZD, OMR, PHP, PKR, PLN, QAR, RON, RUR, SAR, SEK, SGD, SYP, THB, TND, TRY, TWD, UGX, USD, UAH, UZS, VND and ZAR |
📈 Starting spread | 0.0 pips EUR/USD |
💳 Minimum Commission per Trade | From $0.1 per side, per lot |
Decimal Pricing | 5th decimal pricing after the comma |
Margin Call | 60% |
Stop-out | 0% |
📊 Minimum Trade Size | 0.01 lots |
📉 Maximum Trade Size | Unlimited |
💻 PAMMA Accounts | Yes |
💲 Liquidity Providers | ADS Securities, FXCM PRO, and others |
➕ Affiliate Program | Yes |
👉 Open Account | 👉 Open Account |
Pros and Cons
✅ Pros | ❌ Cons |
Exness offers the perfect environment for high-volume trading on big accounts | The professional account’s features might not suit all types of traders |
There are several tools and features offered to professional traders | Unlimited leverage can be extremely risky |
Exness’ high trading volume ensures sufficient liquidity for high-volume trades | The commission fees on more elite accounts can accumulate, making trading costly |
Exness supports all trading strategies | |
Professionals can easily backtest their strategies using Exness’ demo account |
HFM
The broker offers diverse trading options, including forex, commodities, indices, stocks, and cryptocurrency, catering to traders with high volumes and large capital.
It offers competitive leverage of up to 1:2000 and offers various account types like Premium, Zero Spread, and PAMM for professionals.
HFM’s integration of MetaTrader 4 and 5 platforms simplifies the trading experience, allowing traders to trade anywhere and from any device.
Additional tools like PAMM accounts for portfolio management and HFCopy for social trading cater to various trading objectives and strategies.
Unique Features
Feature | Information |
💰 Minimum Deposit | 0 USD |
💲 Account based Currency? | EUR, USD, NGN, ZAR |
📈 Starting spread | 0.0 pips |
💳 Minimum Commission per Trade | From $6 per round turn on Forex |
Decimal Pricing | 5th Decimal after the comma |
Margin Call | Between 40% to 50% |
Stop-out | Between 10% and 20% |
📊 Minimum Trade Size | 0.01 lots |
📉 Maximum Trade Size | 60 lots |
💻 PAMMA Accounts | Yes |
💲 Liquidity Providers | Barclays UK, BNP Paribas, and others |
➕ Affiliate Program | Yes |
👉 Open Account | 👉 Open Account |
Pros and Cons
✅ Pros | ❌ Cons |
Traders have access to over 500 financial instruments across markets | HFM might offer limited advanced tools for professionals |
Traders can use leverage up to 1:2000 | The fee structure for high-volume trading can be complex |
There are flexible account types for professionals | Withdrawals can take up to 10 days |
HFM safeguards all client funds | |
Traders can participate in social trading through HFCopy |
IG
They offer a range of account types and trading possibilities for professional traders dealing with high-volume deals.
Furthermore, IG’s Direct Market Access (DMA) account allows experienced traders to access major stock exchange order books, suitable for those managing portfolios over £500,000, working in finance, or with expertise in leveraged trading products.
Unique Features
Feature | Information |
💰 Minimum Deposit | 250 USD |
💲 Account based Currency? | USD |
📈 Starting spread | From 0.1 pips DMA |
💳 Minimum Commission per Trade | 0.10% |
Decimal Pricing | 5th decimal pricing after the comma |
Margin Call | 100% |
Stop-out | 50% |
📊 Minimum Trade Size | 0.01 lots |
📉 Maximum Trade Size | Unknown |
💻 PAMMA Accounts | Yes |
💲 Liquidity Providers | Several Tier-1 partnerships, banks, and others |
➕ Affiliate Program | Yes |
👉 Open Account | 👉 Open Account |
Pros and Cons
✅ Pros | ❌ Cons |
Professionals have access to over 17,000 instruments across markets | There are some limitations on customer support hours |
IG offers ideal trading and investing opportunities for high-volume traders | Inactivity fees apply, which affects the profitability of long-term trades |
Traders can use several advanced platforms, including L2 Dealer and the IG platform, for more sophisticated trading resources | IG is not available in all regions |
IG offers a range of trading tools for professionals to refine their strategies | |
IG is well-regulated and ensures client fund security |
Interactive Brokers
This broker is popular for experienced traders trading large volumes. IBKR offers two account types: IBKR Lite and IBKR Pro, the latter of which is designed for expert traders.
Furthermore, IBKR Pro offers cheap margin rates, making it suitable for leveraged trading. With over 48,000 instruments offered, IBKR provides a wide range of options for diversifying portfolios.
In addition, IBKR is a renowned ECN broker that offers narrow spreads, with rates as low as 0.1 pips on popular currency pairings like EUR/USD, ensuring transparent pricing for traders.
Unique Features
Feature | Information |
💰 Minimum Deposit | 0 USD |
💲 Account based Currency? | USD, AUD, CAD, CHF, EUR, GBP, HKD, JPY |
📈 Starting spread | Form 0.6 pips |
💳 Minimum Commission per Trade | From 0.0005 USD |
Decimal Pricing | 5th Decimal Pricing |
Margin Call | None; assets are liquidated when the margin threshold is reached |
Stop-out | None; assets are liquidated when the margin threshold is reached |
📊 Minimum Trade Size | 25,000 USD |
📉 Maximum Trade Size | 7,000,000 USD |
💻 PAMMA Accounts | Yes |
💲 Liquidity Providers | Various Banks and Institutions |
➕ Affiliate Program | Yes |
👉 Open Account | 👉 Open Account |
Pros and Cons
✅ Pros | ❌ Cons |
Traders can access more than 135 markets, allowing for portfolio diversification | There might be a learning curve on the Trader Workstation (TWS) platform for new users |
There are lower commissions charged on higher trading volumes | |
IBKR offers sophisticated platforms and tools to traders using big accounts | |
There are more than 200 research and news services | |
IBKR is well-regulated and guarantees client fund protection |
Dukascopy
It is a trusted broker known for its strict security protocols, including keeping client money separate and offering compensation plans.
They offer competitive trading conditions, reduced spreads on forex pairs and equities, and competitive commissions based on account balance and trading volume.
Dukascopy’s JForex platform, including JForex 3, is known for its powerful trading capabilities, technical analysis tools, and automated trading support, making it ideal for professionals.
Unique Features
Feature | Information |
💰 Minimum Deposit | 100 USD |
💲 Account based Currency? | USD, CHF, EUR, GBP, AUD, CAD, CZK, DKK, HKD, HUF, ILS, JPY, MXN, NOK, NZD, PLN, RON, CNH, SEK, SGD, TRY, XAU, ZAR |
📈 Starting spread | 0.1 pips |
💳 Minimum Commission per Trade | $5 per million USD on MT4/5 |
Decimal Pricing | 5th Decimal Pricing |
Margin Call | If leverage exceeds 200% |
Stop-out | If leverage exceeds 200% |
📊 Minimum Trade Size | 0.01 lots |
📉 Maximum Trade Size | Unlimited |
💻 PAMMA Accounts | Yes |
💲 Liquidity Providers | SWFX |
➕ Affiliate Program | Yes |
👉 Open Account | 👉 Open Account |
Pros and Cons
✅ Pros | ❌ Cons |
Dukascopy has some of the best spreads and commissions on big accounts | There are higher deposit requirements on more professional account options |
There is an advanced trading platform and analytical tools | The fee structure is complex and difficult to navigate |
Traders can access a range of markets and instruments with Dukascopy | |
There is potential for customized liquidity solutions, ensuring the best trade execution | |
Traders can expect personalized customer support |
Saxo Bank
This is a popular choice for traders with high transaction frequency due to its extensive range of over 42,000 trading products, focusing on bonds.
Furthermore, SaxoTraderGO, SaxoTraderPRO, and MetaTrader 4 offer a sophisticated trading environment and excellent trading experience.
In addition, Saxo Bank is known for its extensive market access, powerful tools, and affordable pricing, even for high-volume traders.
Unique Features
Feature | Information |
💰 Minimum Deposit | 0 USD |
💲 Account based Currency? | 18 currencies |
📈 Starting spread | From 0.4 pips |
💳 Minimum Commission per Trade | From $0 on Mutual Funds |
Decimal Pricing | 5th Decimal Pricing |
Margin Call | 100% |
Stop-out | 50% |
📊 Minimum Trade Size | From 0.01 pips |
📉 Maximum Trade Size | 3 million USD |
💻 PAMMA Accounts | Yes |
💲 Liquidity Providers | Top banks and other institutions |
➕ Affiliate Program | Yes |
👉 Open Account | 👉 Open Account |
Pros and Cons
✅ Pros | ❌ Cons |
Professionals can trade over 42,000 instruments using SaxoTraderGO and SaxoTraderPRO | Saxo Bank does not offer services to United States traders |
Traders can expect competitive pricing from Saxo Bank | There are several trading and non-trading fees charged |
Saxo Bank is licensed and well-regulated | |
Traders can expect customized trading environments to suit their high-volume trading strategies | |
Saxo offers flexible accounts for high-volume trading |
AvaTrade
It is a well-regulated Forex and CFD broker that offers a dedicated professional account to those who trade high volumes across markets.
Furthermore, AvaTrade provides several benefits to professionals, such as higher leverage, specialized services, and robust tools.
In addition, professional account holders also benefit from improved customer service and access to more in-depth market knowledge and sophisticated trading tools.
Overall, this specialized account type is excellent for those who want to apply aggressive trading tactics and are comfortable with greater risk-reward situations, benefitting from AvaTrade’s robust trading infrastructure.
Unique Features
Feature | Information |
💰 Minimum Deposit | 100 USD |
💲 Account based Currency? | ZAR, USD, GBP, or AUD |
📈 Starting spread | 0.9 pips EUR/USD |
💳 Minimum Commission per Trade | None; only the spread is charged |
Decimal Pricing | 5th Decimal after the comma |
Margin Call | 50% on Retail, 25% on AvaOptions Accounts |
Stop-out | 10% |
📊 Minimum Trade Size | 0.01 lots |
📉 Maximum Trade Size | Unlimited |
💻 PAMMA Accounts | MAM |
💲 Liquidity Providers | Currenex and other bank and non-bank entities |
➕ Affiliate Program | Yes |
👉 Open Account | 👉 Open Account |
Pros and Cons
✅ Pros | ❌ Cons |
AvaTrade has a robust regulatory framework | Traders must deposit $2,000 to use DupliTrade |
There are several platforms offered that will suit the trading objectives of professional traders | There is an expensive 50 USD inactivity fee on dormant accounts |
There is a large range of educational materials and trading resources | There are no ECN accounts, and the fixed spreads can be wide |
AvaTrade offers over 1,260 instruments | |
The trading conditions with AvaTrade are competitive and transparent |
CMC Markets
Since 1989, CMC Markets has been an attractive, high-volume option that is publicly traded on the London Stock Exchange.
CMC Markets offers over 12,000 CFD products, including commodities, currencies, ETFs, shares, forex indices, stock indices, share baskets, and treasuries.
They offer robust trading platforms and competitive trading conditions across markets.
Unique Features
Feature | Information |
💰 Minimum Deposit | 0 USD |
💲 Account based Currency? | GBP, EUR, USD, AUS, CAD, NOK, NZD, PLN, SEK, SGD |
📈 Starting spread | 0.3 pips EUR/USD |
💳 Minimum Commission per Trade | 0.1% per share |
Decimal Pricing | 5th decimal pricing |
Margin Call | 50% |
Stop-out | 25% |
📊 Minimum Trade Size | 0.01 lots |
📉 Maximum Trade Size | Number of units/notional value |
💻 PAMMA Accounts | Yes, MAM |
💲 Liquidity Providers | Unknown |
➕ Affiliate Program | Yes |
👉 Open Account | 👉 Open Account |
Pros and Cons
✅ Pros | ❌ Cons |
Exchange-listed broker with high trust | The Premium Scheme requires a minimum deposit of $25,000 |
Professionals can expect comprehensive and feature-rich platforms | Does not offer direct stock trading, only CFDs |
There is a specialized Premium Scheme for big accounts, offering spread discounts of up to 40% | There are subscription fees to access Market Data |
CMC Markets has over 12,000 tradable instruments, ideal for diversification | |
CMC Markets has been operating since 1989 and has a good reputation |
FOREX.com
Their Active Trader program is designed for traders with large amounts of money. To qualify, traders must have a $10,000 account, trade $50 million monthly, or maintain a daily balance of $25,000.
Furthermore, high-volume traders can earn up to 4.5% interest, save 15% on trading costs, receive personalized support from a Relationship Manager, and be reimbursed for wire transfer fees.
The FOREX.com Active Trader Program rewards traders with premium rewards according to their trading activity and capital, making it ideal for big-account traders.
Unique Features
Feature | Information |
💰 Minimum Deposit | 100 USD |
💲 Account based Currency? | USD, EUR, GBP |
📈 Starting spread | 0.0 pips |
💳 Minimum Commission per Trade | $5 per $100,000 traded |
Decimal Pricing | Up to 5 digits after the comma |
Margin Call | 100% |
Stop-out | 50% |
📊 Minimum Trade Size | 0.01 lots (100k on DMA Account) |
📉 Maximum Trade Size | Unlimited positions depending on available funds |
💻 PAMMA Accounts | No |
💲 Liquidity Providers | Anonymous |
➕ Affiliate Program | Yes |
👉 Open Account | 👉 Open Account |
Pros and Cons
✅ Pros | ❌ Cons |
FOREX.com offers VIP access to events and product reviews | FOREX.com’s rebates have stringent conditions |
Traders can earn interest up to 4.5% APY on daily margin available | Program benefits are limited to forex trades |
Traders receive one-on-one support from a Relationship Manager | There is a high minimum account balance or high trading volume required to be eligible for the FOREX.com Active Trader program |
FOREX.com reimburses banking fees paid on bank wire transfers | |
Traders can expect up to 15% reduced trading costs via FOREX.com’s rebates |
Pepperstone
Their Active Trader Program rewards high-volume traders with tiered commission reductions.
Furthermore, members of this program receive daily rebates, premium services like priority customer assistance, and a personal account manager.
Pepperstone offers access to VPS hosting services for quick execution and direct access to market data.
Unique Features
Feature | Information |
💰 Minimum Deposit | 200 AUD |
💲 Account based Currency? | USD, GBP |
📈 Starting spread | Variable, from 0.0 pips EUR/USD |
💳 Minimum Commission per Trade | From AU$7 |
Decimal Pricing | 5th decimal pricing after the comma |
Margin Call | 90% |
Stop-out | 20% |
📊 Minimum Trade Size | 0.01 lots |
📉 Maximum Trade Size | 100 lots |
💻 PAMMA Accounts | Only MAM for Fund Managers |
💲 Liquidity Providers | Barclays, HSBC |
➕ Affiliate Program | Yes |
👉 Open Account | 👉 Open Account |
Pros and Cons
✅ Pros | ❌ Cons |
Traders receive rebates daily from Pepperstone | Rebates are limited to certain markets |
Pepperstone offers VPS hosting to its professional, high-volume clients | Traders who do not meet the high-volume trading account in 3 months are disqualified |
Pepperstone prioritizes customer support by providing a dedicated account manager to high-capital clients | |
There are several sophisticated tools and analyses offered | |
Traders can access exclusive benefits on the Active Trader program |
What are the Benefits of Trading with Big Accounts in Forex?
Forex offers traders numerous opportunities to profit from currency price swings. However, trading with larger accounts offers significant benefits, focusing on trading techniques, risk management, and overall profitability.
Psychological Benefits and Trading Discipline
Trading with a large Forex account requires psychological discipline, as it instills confidence in traders by providing a safety net to withstand future losses without losing any capital.
This confidence encourages disciplined trading choices and promotes long-term strategies, reducing the risk of straying from a strategy during a crisis.
Improved Risk Management
Large Forex accounts offer better risk management by allowing traders to spread assets across multiple currency pairings and financial products, reducing market volatility risk.
They also allow broader stop-loss orders, which allow positions to respond to market changes and prevent premature withdrawals from profitable positions.
Increased Strategic Flexibility and Influence
Larger accounts offer traders greater strategic freedom and influence, allowing them to use various trading tactics, such as day trading, scalping, and long-term position trading.
Reduced Fees and Better Trading Conditions
These accounts, often tiered, offer lower spreads and charges, increasing profitability for aggressive traders. Brokers also offer premium services like powerful platforms, thorough market research, and personalized support from experienced account managers.
Conclusion
Our findings show that these brokers stand out by providing competitive spreads, innovative trading platforms, elite incentives, rebates, access to specialized events, and personalized client support.
Furthermore, these brokers even have dedicated account managers to traders who trade larger positions. However, in our experience, traders must remember that the fee schedules of these brokers can complicated, and they sometimes need large minimum deposits.
Overall, we can conclude that the broker’s choice is determined by how well their features match your trading strategy and financial goals.
Yes, many brokers provide VIP, premium, or professional accounts targeted to the demands of high-volume traders, which provide additional advantages and services.
Yes, brokers typically charge narrower spreads and commissions while offering volume-based discounts and cashback rebates to high-volume traders.
Yes, you might be able to. Some brokers offer customizable trading conditions to those who trade in higher volumes. Furthermore, these brokers also offer fee reductions on large trades, rebates, and other incentives.
These accounts are typically specifically designed for professional, institutional, and high-volume traders. They offer higher leverage, higher minimum deposits, the best trading conditions, incentives, and access to special events and features.
You should concentrate on narrow spreads, low and competitive trading and non-trading fees, reliable and fast execution, robust platforms, strict regulation, dedicated account managers, personalized customer support, and robust trading tools and features