Last update: 28 January 2020
5 min read

How to Find the Best Forex Brokers in Czech Republic

Forex trading is a largely unregulated market for investment. However, many countries around the world where Forex is traded are bringing in their own rules and regulations and establishing regulatory bodies to oversee this lucrative industry. The reason for such regulation is to protect investors and ensure participants are operating in a fair and honest way. When anything new comes along there will be a wealth of individuals or businesses just waiting to scam naive investors out of their hard-earned cash. If you don’t want to become one of them you need to seriously consider choosing one of the CNB regulated brokers offering its services.

What is the CNB?

cnb regulator logoCNB is the Czech National Bank. It is the central bank of the Czech Republic and the supervisor of Czech financial markets, including Forex brokers in the Czech Republic. The bank has a significant history. But we’ll look at that a little further down the page. First, we’ll introduce you to some of its regulatory powers. The main role of the Czech National Bank is to maintain price stability and achieve a low rate of inflation in the country. This is seen as a contribution to the country’s economic growth. But the CNB also supports financial stability and ensures the sound operation of the Republic’s financial system. It is also responsible for setting monetary policies, issuing banknotes and coins and overseeing the distribution. In addition, there is a supervisory function for the bank to perform. It supervises organizations and businesses operating in the banking sector, capital markets, pension funds, the insurance industry, electronic money institutions, credit unions, bureaux de change, and Forex brokers in the Czech Republic. The CNB has a part to play in Forex trading because it sets the rules and regulations for the industry. It presides over many financial institutions, including CNB Forex brokers. Should any organization or business not conform to the regulations it will be subject to restrictions or penalties.

Recommended Forex Brokers Regulated By CNB 2020

Best and most trusted forex brokers in April 2020

All the brokers below are available in:
Advertiser disclosure Information
90
Points
Users
Used by
300,000+ Traders
Min. Deposit
$10
Bonus
100%
Help!
Loyalty deposit bonus Exit tooltip
Trading Instruments
70+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
ECN/STP
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
No Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank Transfer, Skrill, Bitcoin
Min. Spread
0.4 pips
Max. Leverage
1:500
Currency Pairs
60+
Regulated By
FSA(SVG)FSA(SVG)
Customer Support
24/5

Best and most trusted forex brokers in April 2020

All the brokers below are available in:
Advertiser disclosure Information
95
Points
Users
Used by
2,000,000+ Traders
Min. Deposit
$5
Bonus
30%
Help!
Applies to deposits over $100 (Limited time offer) Exit tooltip
Trading Instruments
250+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
STP
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
No Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank Wire Transfer, VISA, Mastercard, Maestro, Skrill, Union Pay, Neteller, Webmoney, Fasapay, Perfect Money, Bitcoin
Min. Spread
0.4 pips
Max. Leverage
1:1000
Currency Pairs
60
Regulated By
FSCFSC
Customer Support
24/5
95
Points
Users
Used by
14,000,000+ Traders
Min. Deposit
$10
Bonus
N/A
Trading Instruments
100+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank Transfer, Visa, Mastercard, Skrill, Neteller
Min. Spread
0.6 pips
Max. Leverage
1:30
Currency Pairs
35+
Regulated By
CySecCySec
IFSCIFSC
Customer Support
24/7
92
Points
Users
Used by
300,000+ Traders
Min. Deposit
$10
Bonus
100%
Help!
Loyalty deposit bonus Exit tooltip
Trading Instruments
70+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
ECN/STP
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
No Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank Transfer, Visa, Mastercard, Maestro, Fasapay, Skrill, Web Money, Qiwi, Perfect Money, Bitcoin
Min. Spread
0.4 pips
Max. Leverage
1:500
Currency Pairs
60+
Regulated By
FSA(SVG)FSA(SVG)
Customer Support
24/5
92
Points
Users
Used by
Traders
Min. Deposit
$100
Bonus
n/a
Trading Instruments
13,000+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
No Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Check Private
Help!
IRESS Exit tooltip
Deposit Methods
Bank Transfers (Domestic & International), Skrill, Neteller, Visa, Mastercard, PayPal, BPay, PoliPay, BPay, Fasapay, Paytrust88, Ngan Luong, Online Pay, Broker to Broker
Min. Spread
0 pips
Max. Leverage
1:30
Currency Pairs
53
Regulated By
CySecCySec
ASICASIC
Customer Support
24/5

Best and most trusted forex brokers in April 2020

All the brokers below are available in:
Advertiser disclosure Information
96
Points
Users
Used by
1,800,000 Traders
Min. Deposit
$10
Bonus
Cashback (T&Cs apply) - 30% Welcome Bonus (T&Cs Apply)
Trading Instruments
250+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker/STP
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank Transfer, Skrill, Neteller, Visa, Mastercard, Fasapay
Min. Spread
0 pips
Max. Leverage
1:1000
Currency Pairs
57
Regulated By
FCAFCA
CySecCySec
FSCAFSCA
Customer Support
24/5
95
Points
Users
Used by
2,000,000+ Traders
Min. Deposit
$100
Bonus
Cashback
Trading Instruments
250+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Check Private
Deposit Methods
Bank Transfer, Skrill, Neteller, Visa, Mastercard, Fasapay
Min. Spread
0 pips
Max. Leverage
1:1000
Currency Pairs
50
Regulated By
FCAFCA
FSA(SVG)FSA(SVG)
Customer Support
11/5
92
Points
Users
Used by
Traders
Min. Deposit
$100
Bonus
n/a
Trading Instruments
13,000+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
No Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Check Private
Help!
IRESS Exit tooltip
Deposit Methods
Bank Transfers (Domestic & International), Skrill, Neteller, Visa, Mastercard, PayPal, BPay, PoliPay, BPay, Fasapay, Paytrust88, Ngan Luong, Online Pay, Broker to Broker
Min. Spread
0 pips
Max. Leverage
1:500
Currency Pairs
53
Regulated By
CySecCySec
ASICASIC
Customer Support
24/5
92
Points
Users
Used by
900,000+ Traders
Min. Deposit
$50
Bonus
50%
Help!
On Every Deposit Exit tooltip
Trading Instruments
48+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
No Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Check cTrader
Help!
Platform custom designed for ECN brokers. Exit tooltip
Deposit Methods
Bank Transfer, Visa, Mastercard, Skrill, Neteller, FasaPay, PayTM, Local banks
Min. Spread
0 pips
Max. Leverage
1:500
Currency Pairs
28
Regulated By
CySecCySec
FSA(SVG)FSA(SVG)
Customer Support
24/5
91
Points
Users
Used by
300,000+ Traders
Min. Deposit
$10
Bonus
100%
Help!
Loyalty deposit bonus Exit tooltip
Trading Instruments
70+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
ECN/STP
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
No Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank Transfer, VISA, Mastercard, Maestro, Skrill, Neteller, FasaPay, Perfect Money, QIWI, WebMoney, Bitcoin
Min. Spread
0.4 pips
Max. Leverage
1:500
Currency Pairs
60+
Regulated By
FSA(SVG)FSA(SVG)
Customer Support
24/5
90
Points
Users
Used by
650,000 Traders
Min. Deposit
$50
Bonus
50%
Help!
For deposits up to $500 Exit tooltip
Trading Instruments
50+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
ECN/STP
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, Mastercard, Skrill, Neteller, Paypal, Fasapay, UnionPay
Min. Spread
0 pips
Max. Leverage
1:500
Currency Pairs
40+
Regulated By
FCAFCA
ASICASIC
CIMACIMA
Customer Support
24/5

Best and most trusted forex brokers in April 2020

All the brokers below are available in:
Advertiser disclosure Information
95
Points
Users
Used by
2,000,000+ Traders
Min. Deposit
$100
Bonus
Cashback
Trading Instruments
250+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Check Private
Deposit Methods
Bank Transfer, Skrill, Neteller, Visa, Mastercard, Fasapay
Min. Spread
0 pips
Max. Leverage
1:1000
Currency Pairs
50
Regulated By
FCAFCA
FSA(SVG)FSA(SVG)
Customer Support
11/5
99
Points
Users
Used by
650,000 Traders
Min. Deposit
$50
Bonus
50%
Help!
For deposits up to $500 Exit tooltip
Trading Instruments
50+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
ECN/STP
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, Mastercard, Skrill, Neteller, Paypal, Fasapay, UnionPay
Min. Spread
0 pips
Max. Leverage
1:500
Currency Pairs
40+
Regulated By
FCAFCA
ASICASIC
CIMACIMA
Customer Support
24/5

Best and most trusted forex brokers in April 2020

All the brokers below are available in:
Advertiser disclosure Information
96
Points
Users
Used by
1,800,000 Traders
Min. Deposit
$10
Bonus
Cashback (T&Cs apply) - 30% Welcome Bonus (T&Cs Apply)
Trading Instruments
250+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker/STP
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank Transfer, Visa, Mastercard, Maestro, Skrill, Neteller, Crypto, TC Pay Wallet, Perfect Money, Bitcoing and many more
Min. Spread
0 pips
Max. Leverage
1:1000
Currency Pairs
57
Regulated By
FCAFCA
CySecCySec
FSCAFSCA
Customer Support
24/5
95
Points
Users
Used by
2,000,000+ Traders
Min. Deposit
$100
Bonus
Cashback
Trading Instruments
250+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Check Private
Deposit Methods
Bank Transfer, Visa, Mastercard, Maestro, Fasapay, Skrill, Web Money, Qiwi, Perfect Money, Bitcoin
Min. Spread
0 pips
Max. Leverage
1:1000
Currency Pairs
50
Regulated By
FCAFCA
FSA(SVG)FSA(SVG)
Customer Support
11/5
95
Points
Users
Used by
100,000+ Traders
Min. Deposit
$10
Bonus
Deposit Bonus
Help!
Multiple deposit bonuses (Check Site) Exit tooltip
Trading Instruments
11,000+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
STP/ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Check cTrader
Help!
Platform custom designed for ECN brokers. Exit tooltip
Deposit Methods
Bank Transfer, Visa, Mastercard, Skrill, Neteller, WebMoney, AdvCash, Bitcoin, Ethereum, Litecoin, Dash & many other Altcoins
Min. Spread
0 pips
Max. Leverage
1:2000
Currency Pairs
40+
Regulated By
IFSCIFSC
Customer Support
24/7
92
Points
Users
Used by
13,000,000 Traders
Min. Deposit
$1
Bonus
100%
Trading Instruments
70+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
ECN /STP
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank Transfer, Skrill, Neteller, Visa
Min. Spread
0 pips
Max. Leverage
1:3000
Currency Pairs
35+
Regulated By
IFSCIFSC
Customer Support
24/7
92
Points
Users
Used by
Traders
Min. Deposit
$100
Bonus
n/a
Trading Instruments
13,000+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
No Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Check Private
Help!
IRESS Exit tooltip
Deposit Methods
Bank Transfers (Domestic & International), Skrill, Neteller, Visa, Mastercard, PayPal, BPay, PoliPay, BPay, Fasapay, Paytrust88, Ngan Luong, Online Pay, Broker to Broker
Min. Spread
0 pips
Max. Leverage
1:500
Currency Pairs
53
Regulated By
CySecCySec
ASICASIC
Customer Support
24/5

Best and most trusted forex brokers in April 2020

All the brokers below are available in:
Advertiser disclosure Information
95
Points
Users
Used by
100,000+ Traders
Min. Deposit
$10
Bonus
Deposit Bonus
Help!
Multiple deposit bonuses (Check Site) Exit tooltip
Trading Instruments
11,000+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
STP/ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Check cTrader
Help!
Platform custom designed for ECN brokers. Exit tooltip
Deposit Methods
Bank Transfer, Visa, Mastercard, Skrill, Neteller, WebMoney, AdvCash, Bitcoin, Ethereum, Litecoin, Dash & many other Altcoins
Min. Spread
0 pips
Max. Leverage
1:2000
Currency Pairs
40+
Regulated By
IFSCIFSC
Customer Support
24/7
92
Points
Users
Used by
13,000,000 Traders
Min. Deposit
$1
Bonus
100%
Trading Instruments
70+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
ECN /STP
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank Transfer, Skrill, Neteller, Visa
Min. Spread
0 pips
Max. Leverage
1:3000
Currency Pairs
35+
Regulated By
IFSCIFSC
Customer Support
24/7
92
Points
Users
Used by
Traders
Min. Deposit
$100
Bonus
n/a
Trading Instruments
13,000+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
No Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Check Private
Help!
IRESS Exit tooltip
Deposit Methods
Bank Transfers (Domestic & International), Skrill, Neteller, Visa, Mastercard, PayPal, BPay, PoliPay, BPay, Fasapay, Paytrust88, Ngan Luong, Online Pay, Broker to Broker
Min. Spread
0 pips
Max. Leverage
1:500
Currency Pairs
53
Regulated By
CySecCySec
ASICASIC
Customer Support
24/5

Best and most trusted forex brokers in April 2020

All the brokers below are available in:
Advertiser disclosure Information
94
Points
Users
Used by
1,000,000+ Traders
Min. Deposit
$100
Bonus
up to 5,000
Trading Instruments
300+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank Transfer, Skrill, Neteller, Visa
Min. Spread
0.2 pips
Max. Leverage
1:500
Currency Pairs
76
Regulated By
FCAFCA
CySecCySec
CIMACIMA
Customer Support
24/5
96
Points
Users
Used by
140,000+ Traders
Min. Deposit
$100
Bonus
50% first time deposit bonus
Help!
20% for redeposit Exit tooltip
Trading Instruments
200+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
No Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Check Private
Help!
easyMarkets Platform Exit tooltip
Deposit Methods
Bank Transfer, Visa, MasterCard, Sofort, BPAY, UnionPay, WebMoney, Skrill, Neteller, Fasapay
Min. Spread
0.9 pips
Max. Leverage
1:400
Currency Pairs
64
Regulated By
CySecCySec
ASICASIC
Customer Support
24/5
95
Points
Users
Used by
200,000 Traders
Min. Deposit
$100
Bonus
20% deposits over 1000
Trading Instruments
250+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank Transfer, Skrill, Neteller, Visa, Mastercard, Fasapay, PaySec, Poli
Min. Spread
0.6 pips
Max. Leverage
1:400
Currency Pairs
60
Regulated By
FSCAFSCA
ASICASIC
IIROCIIROC
Customer Support
24/5
93
Points
Users
Used by
Traders
Min. Deposit
$50
Bonus
n/a
Trading Instruments
4,500+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
No Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Check Private
Deposit Methods
Bank Transfer, Visa, Mastercard
Min. Spread
0.8 pips
Max. Leverage
1:400
Currency Pairs
80
Regulated By
FCAFCA
IIROCIIROC
Customer Support
24/7
92
Points
Users
Used by
Traders
Min. Deposit
$100
Bonus
n/a
Trading Instruments
13,000+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
No Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Check Private
Help!
IRESS Exit tooltip
Deposit Methods
Bank Transfers (Domestic & International), Skrill, Neteller, Visa, Mastercard, PayPal, BPay, PoliPay, BPay, Fasapay, Paytrust88, Ngan Luong, Online Pay, Broker to Broker
Min. Spread
0 pips
Max. Leverage
1:500
Currency Pairs
53
Regulated By
CySecCySec
ASICASIC
Customer Support
24/5
90
Points
Users
Used by
Traders
Min. Deposit
$200
Bonus
n/a
Trading Instruments
150+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Check cTrader
Help!
Platform custom designed for ECN brokers. Exit tooltip
Deposit Methods
Bank Transfer, Skrill, Neteller, Visa, Mastercard, Fasapay, BPA, Poli
Min. Spread
0 pips
Max. Leverage
500:1
Currency Pairs
61+
Regulated By
FCAFCA
ASICASIC
Customer Support
24/5

Best and most trusted forex brokers in April 2020

All the brokers below are available in:
Advertiser disclosure Information
96
Points
Users
Used by
1,800,000 Traders
Min. Deposit
$10
Bonus
Cashback (T&Cs apply) - 30% Welcome Bonus (T&Cs Apply)
Trading Instruments
250+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker/STP
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank Transfer, Skrill, Neteller, Visa, Mastercard, Fasapay
Min. Spread
0 pips
Max. Leverage
1:1000
Currency Pairs
57
Regulated By
FCAFCA
CySecCySec
FSCAFSCA
Customer Support
24/5
95
Points
Users
Used by
2,000,000+ Traders
Min. Deposit
$100
Bonus
Cashback
Trading Instruments
250+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Check Private
Deposit Methods
Bank Transfer, Skrill, Neteller, Visa, Mastercard, Fasapay
Min. Spread
0 pips
Max. Leverage
1:1000
Currency Pairs
50
Regulated By
FCAFCA
FSA(SVG)FSA(SVG)
Customer Support
11/5
95
Points
Users
Used by
100,000+ Traders
Min. Deposit
$10
Bonus
Deposit Bonus
Help!
Multiple deposit bonuses (Check Site) Exit tooltip
Trading Instruments
11,000+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
STP/ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Check cTrader
Help!
Platform custom designed for ECN brokers. Exit tooltip
Deposit Methods
Bank Transfer, Visa, Mastercard, Skrill, Neteller, WebMoney, AdvCash, Bitcoin, Ethereum, Litecoin, Dash & many other Altcoins
Min. Spread
0 pips
Max. Leverage
1:2000
Currency Pairs
40+
Regulated By
IFSCIFSC
Customer Support
24/7
94
Points
Users
Used by
13,000,000+ Traders
Min. Deposit
$1
Bonus
100%
Trading Instruments
70+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
ECN /STP
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank Transfer, Skrill, Neteller, Visa
Min. Spread
0 pips
Max. Leverage
1:3000
Currency Pairs
35+
Regulated By
CySecCySec
IFSCIFSC
Customer Support
24/7
92
Points
Users
Used by
Traders
Min. Deposit
$100
Bonus
n/a
Trading Instruments
13,000+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
No Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Check Private
Help!
IRESS Exit tooltip
Deposit Methods
Bank Transfers (Domestic & International), Skrill, Neteller, Visa, Mastercard, PayPal, BPay, PoliPay, BPay, Fasapay, Paytrust88, Ngan Luong, Online Pay, Broker to Broker
Min. Spread
0 pips
Max. Leverage
1:500
Currency Pairs
53
Regulated By
CySecCySec
ASICASIC
Customer Support
24/5
92
Points
Users
Used by
900,000+ Traders
Min. Deposit
$50
Bonus
50%
Help!
On Every Deposit Exit tooltip
Trading Instruments
48+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
No Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Check cTrader
Help!
Platform custom designed for ECN brokers. Exit tooltip
Deposit Methods
Bank Transfer, Visa, Mastercard, Skrill, Neteller, FasaPay, PayTM, Local banks
Min. Spread
0 pips
Max. Leverage
1:500
Currency Pairs
28
Regulated By
CySecCySec
FSA(SVG)FSA(SVG)
Customer Support
24/5
91
Points
Users
Used by
300,000+ Traders
Min. Deposit
$10
Bonus
100%
Help!
Loyalty deposit bonus Exit tooltip
Trading Instruments
70+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
ECN/STP
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
No Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank Transfer, VISA, Mastercard, Maestro, Skrill, Neteller, FasaPay, Perfect Money, QIWI, WebMoney, Bitcoin
Min. Spread
0.4 pips
Max. Leverage
1:500
Currency Pairs
60+
Regulated By
FSA(SVG)FSA(SVG)
Customer Support
24/5
90
Points
Users
Used by
650,000 Traders
Min. Deposit
$50
Bonus
50%
Help!
For deposits up to $500 Exit tooltip
Trading Instruments
50+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
ECN/STP
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, Mastercard, Skrill, Neteller, Paypal, Fasapay, UnionPay
Min. Spread
0 pips
Max. Leverage
1:500
Currency Pairs
40+
Regulated By
FCAFCA
ASICASIC
CIMACIMA
Customer Support
24/5

Best and most trusted forex brokers in April 2020

All the brokers below are available in:
Advertiser disclosure Information
96
Points
Users
Used by
1,800,000 Traders
Min. Deposit
$10
Bonus
Cashback (T&Cs apply) - 30% Welcome Bonus (T&Cs Apply)
Trading Instruments
250+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker/STP
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank Transfer, Skrill, Neteller, Visa, Mastercard, Fasapay
Min. Spread
0 pips
Max. Leverage
1:1000
Currency Pairs
57
Regulated By
FCAFCA
CySecCySec
FSCAFSCA
Customer Support
24/5
95
Points
Users
Used by
2,000,000+ Traders
Min. Deposit
$100
Bonus
Loyalty Cashback
Trading Instruments
250+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
STP
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank Transfer, Skrill, Neteller, Visa, Mastercard, Fasapay
Min. Spread
0.4 pips
Max. Leverage
1:1000
Currency Pairs
60
Regulated By
FCAFCA
FSA(SVG)FSA(SVG)
Customer Support
24/5
92
Points
Users
Used by
13,000,000 Traders
Min. Deposit
$1
Bonus
100%
Trading Instruments
70+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
ECN /STP
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank Transfer, Skrill, Neteller, Visa
Min. Spread
0 pips
Max. Leverage
1:3000
Currency Pairs
35+
Regulated By
IFSCIFSC
Customer Support
24/7
92
Points
Users
Used by
Traders
Min. Deposit
$100
Bonus
n/a
Trading Instruments
13,000+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
No Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Check Private
Help!
IRESS Exit tooltip
Deposit Methods
Bank Transfers (Domestic & International), Skrill, Neteller, Visa, Mastercard, PayPal, BPay, PoliPay, BPay, Fasapay, Paytrust88, Ngan Luong, Online Pay, Broker to Broker
Min. Spread
0 pips
Max. Leverage
1:500
Currency Pairs
53
Regulated By
CySecCySec
ASICASIC
Customer Support
24/5

Best and most trusted forex brokers in April 2020

All the brokers below are available in:
Advertiser disclosure Information
96
Points
Users
Used by
1,800,000 Traders
Min. Deposit
$10
Bonus
Cashback (T&Cs apply) - 30% Welcome Bonus (T&Cs Apply)
Trading Instruments
250+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker/STP
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank Transfer, Skrill, Neteller, Visa, Mastercard, Fasapay
Min. Spread
0 pips
Max. Leverage
1:1000
Currency Pairs
57
Regulated By
FCAFCA
CySecCySec
FSCAFSCA
Customer Support
24/5
95
Points
Users
Used by
2,000,000+ Traders
Min. Deposit
$100
Bonus
Cashback
Trading Instruments
250+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Check Private
Deposit Methods
Bank Transfer, Visa, Mastercard, Maestro, Fasapay, Skrill, Web Money, Qiwi, Perfect Money, Bitcoin
Min. Spread
0 pips
Max. Leverage
1:1000
Currency Pairs
50
Regulated By
FCAFCA
FSA(SVG)FSA(SVG)
Customer Support
11/5
95
Points
Users
Used by
100,000+ Traders
Min. Deposit
$10
Bonus
Deposit Bonus
Help!
Multiple deposit bonuses (Check Site) Exit tooltip
Trading Instruments
11,000+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
STP/ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Check cTrader
Help!
Platform custom designed for ECN brokers. Exit tooltip
Deposit Methods
Bank Transfer, Visa, Mastercard, Skrill, Neteller, WebMoney, AdvCash, Bitcoin, Ethereum, Litecoin, Dash & many other Altcoins
Min. Spread
0 pips
Max. Leverage
1:2000
Currency Pairs
40+
Regulated By
IFSCIFSC
Customer Support
24/7
94
Points
Users
Used by
13,000,000 Traders
Min. Deposit
$1
Bonus
100%
Trading Instruments
70+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
ECN /STP
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank Transfer, Skrill, Neteller, Visa
Min. Spread
0 pips
Max. Leverage
1:3000
Currency Pairs
35+
Regulated By
IFSCIFSC
Customer Support
24/7
92
Points
Users
Used by
Traders
Min. Deposit
$100
Bonus
n/a
Trading Instruments
13,000+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
No Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Check Private
Help!
IRESS Exit tooltip
Deposit Methods
Bank Transfers (Domestic & International), Skrill, Neteller, Visa, Mastercard, PayPal, BPay, PoliPay, BPay, Fasapay, Paytrust88, Ngan Luong, Online Pay, Broker to Broker
Min. Spread
0 pips
Max. Leverage
1:500
Currency Pairs
53
Regulated By
CySecCySec
ASICASIC
Customer Support
24/5

A brief history of the Czech National Bank

In 1918, the kingdom of Bohemia no longer existed and in its place, Czechoslovakia was created. The creation called for a new central bank and currency and the first independent banking system was established. It was called The Banking Office of the Ministry of Finance. This new Office held the authority of the Minister of Finance and controlled the issuance and circulation of money and the government debt. Between 1921 and 1923, the country’s economy suffered a significant economic downturn. Strong deflationary policies were put in place by the Finance Minister to try and prevent further hyperinflation. The Finance Minister was seen as partly to blame for the downturn and this resulted in his assassination in 1923. 1926 came around and The National Bank of Czechoslovakia, and during the first couple of years the country enjoyed a period of economic prosperity. Manufacturing was successful, GNP reached an all time high and currency exchange was strong. At this time there were more than 100 banks and more than 200 credit unions. The American stock market crashed in 1929 and it wasn’t long before the Czech economy entered a depression. A further currency crisis was also created by the bank eliminating the ability to convert currency into gold. This resulted in a lot of unrest and several options were looked at to redress the balance. With so many different ideas being bandied around the country suffered political imbalance which in turn hindered the country’s economic recovery. World War II saw further changes when Czechoslovakia was annexed by Germany. It became part of Nazi Germany, and the National Bank became the National Bank for Bohemia and Moravia. The bank returned to its former name after the end of the war. 1950 saw the Central bank being nationalized and it became the State Bank of Czechoslovakia, formed under the new communist regime. Its role was expanded to that of a commercial bank, an investment bank, and central bank. At this time the State Bank had a number of different roles. It was a supervisory agent of the government, was in charge of economic planning, issued credit to individuals and watched over other state-owned banks and savings banks, along with overseeing the Commercial Bank of Czechoslovakia which was in charge of foreign currency exchange. Following the split of the Czech and Slovak Republic, the State Bank divided into two separate entities. The National Bank of Slovakia and the Czech National Bank.

The Czech National Bank and regulation of Forex brokers

The Czech National Bank is the supervisor of the financial markets and has authority over the banking sector, the insurance industry, capital markets, credit unions, pension funds, payment system institutions, and Forex brokers in the Czech Republic. It sets the regulations and rules for these industries and regularly checks in on them. Non-conforming organizations and businesses are subject to penalties and restrictions levied by the CNB. The Czech National Bank is responsible for determining the value of the country’s currency, the Koruna, against foreign currencies. It makes continuous adjustments and fixes the exchange rate.

How the Czech National Bank is able to protect consumers

An Act passed in 2008, gave the Czech National Bank new powers with regards consumer protection. The new powers allow the CNB to accept suggestions, notifications from consumers and complaints, conducts inspections of supervised financial institutions, publishes opinions, and answer eligible inquiries. The CNB’s new protection powers also involve it promoting financial literacy. Free manuals were handed out to local schools in 2008 and seminars were held for teachers. More recently, an interactive exhibition presented the work of the Central Bank and helped to increase young people’s interest in economics and finance. While we’ve spouted on about the role of the Central Bank we’ve forgotten to mention the importance of choosing a CNB Forex broker. Suffice it to say, you will be ensuring the best possible protection of your capital, and be at less risk of losing it all when your broker goes out of business.

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