Best Forex Brokers in Europe for 2026
Top EU-regulated forex brokers under ESMA guidelines, offering negative balance protection and competitive spreads.
Written by
Sarah Chen
Fact Checked by
James Anderson
Top 15 Forex Brokers for European Traders in 2026
In 2026, European traders continue to benefit from the robust safety net provided by ESMA regulations, including the 30:1 leverage cap and mandatory negative balance protection. Our updated rankings highlight brokers that not only meet these strict standards but also offer superior value through low spreads and localized support across the EU. XTB and Saxo Bank remain top choices, delivering exceptional platforms for both casual and professional investors.
What leverage is available for European forex traders?
Under ESMA regulations, retail traders can access up to 30:1 leverage on major forex pairs, 20:1 on minor pairs, 10:1 on commodities, and 2:1 on cryptocurrencies. Professional clients may access higher leverage.
Key Features for European Traders
Compare essential features of EU-regulated forex brokers.
| Broker | ||
|---|---|---|
| FXTM | €3.50/lot | €10 |
| AvaTrade | None | €100 |
| ThinkMarkets | €3.50/lot | €0 |
| RoboMarkets | €3.50/lot | €10 |
| Libertex EU | None | €100 |
| XTB | None | €0 |
| Saxo Bank | None | €2000 |
| eToro | None | €50 |
| Plus500 | None | €100 |
| Pepperstone | €3.50/lot | €0 |
| Admiral Markets | None | €100 |
| Swissquote | None | €1000 |
| CMC Markets | None | €0 |
| IG Europe | None | €300 |
| FxPro | €3.50/lot | €100 |
Detailed Broker Analysis
Best overall forex broker for European traders.
XTB is a publicly listed European broker offering commission-free forex trading through their award-winning xStation platform. With offices across Europe, they provide excellent local support and negative balance protection.
Premium multi-asset platform for sophisticated investors.
Saxo Bank offers a premium trading experience with superior research, 185 forex pairs, and access to stocks, bonds, and options on global exchanges. Ideal for professional traders and high-net-worth individuals.
Social trading pioneer with copy trading.
eToro revolutionized trading with their CopyTrader feature, allowing beginners to replicate the trades of successful investors automatically. They offer the largest crypto selection in Europe.
User-friendly CFD platform.
Plus500 offers a simple, intuitive platform ideal for occasional traders. Listed on the London Stock Exchange, they provide a trusted trading environment with guaranteed stop losses.
Ultra-low spreads for active traders.
Pepperstone's European entity offers institutional-grade execution through CySEC and BaFin regulation, with some of the tightest spreads available. Perfect for scalpers and high-volume traders.
MetaTrader specialist with broad asset range.
Admiral Markets (now Admirals) specializes in MetaTrader platforms with extensive customization options. Offers over 8,000 instruments and excellent educational resources for traders at all levels.
Swiss banking excellence for traders.
Swissquote brings Swiss banking standards to forex trading, offering 130+ currency pairs with tight spreads. Ideal for conservative traders who value stability and regulatory oversight.
Global leader with proprietary platform.
CMC Markets offers the world's largest range of currency pairs through their proprietary Next Generation platform. With over 30 years of experience, they provide institutional-grade trading conditions.
Market leader with 50 years of experience.
IG Group is Europe's largest CFD provider with award-winning research and trading platforms. They offer extensive education resources and competitive spreads across all major currency pairs.
Fast-growing broker with excellent bonuses.
FXTM has grown rapidly since 2011, offering competitive spreads and attractive bonuses. Their educational resources and local support make them popular among new traders in Eastern Europe.
Comprehensive platform with multiple assets.
AvaTrade offers a wide range of instruments and multiple trading platforms including DupliTrade for social trading. Strong regulatory oversight under MiFID II with client fund protection.
Excellent execution with multiple platforms.
FxPro offers superior execution speeds and multiple platform options including cTrader for professional traders. They provide competitive spreads with transparent pricing and fast withdrawals.
Innovative technology with ThinkTrader tools.
ThinkMarkets focuses on technology innovation with proprietary ThinkTrader tools and educational resources. They offer competitive spreads and fast execution, popular among technical traders.
Low-cost broker with ProCent accounts.
RoboMarkets (formerly RoboForex EU) offers extremely low minimum deposits and ProCent accounts for testing strategies. They provide competitive spreads and multiple platform options.
Zero-spread trading with commission-based pricing.
Libertex is a CySEC-regulated broker offering zero-spread trading with competitive commissions. With over 25 years of experience since 1997, they provide a user-friendly platform with access to forex, stocks, indices, crypto, and commodities. Ideal for traders who prefer transparent commission-based pricing.
Frequently Asked Questions
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January 2026