In this article, we will talk about 5 best Forex Brokers for traders in Ireland.
How we choose the best forex brokers in Ireland?
To be the best forex broker in the Ireland, the broker must be regulated by a top tier regulator, such as the Australian Securities and Investment Commission (ASIC) or the Central Bank of Ireland (CBI).
Beyond regulatory compliance, we’ve also compared other important factors such as customer support, fees, trading platforms, speed of trade execution, and other key factors to identify the best forex brokers available for traders in Ireland.
The following are the five best forex brokers in Ireland, based on our research. Each broker offers unique advantages, making them stand out in different ways.
Remember, this video is for informational purposes only, and you should always conduct research before investing.
1. Fusion Markets
Assets Available | 5 Asset Classes - Forex, Crypto, Stocks, Commodities, Indices. |
Regulated By | ASIC, VFSC |
No. Of Trading Platforms | 4 Trading Platforms - TradingView, MT4, MT5, cTrader |
Leverage | Up to 1:500 |
Spreads | From 0.0 pips |
Commission | From $0 |
Min Deposit | $0 |
Demo Account | Yes |
Education Provided | Educational Blog |
Methods of Payment | Credit/Debit Cards, Bank Wire Transfer, Neteller, Skrill, PayPal, etc. |
Open Account |
Fusion Markets is a great forex broker for traders in Ireland. Founded in 2017 and based in Melbourne, Australia, they’ve quickly gained a solid reputation for their low fees.
The Fusion Markets broker is regulated by several regulators, including the top tier Australian Securities and Investment Commission (ASIC).
This broker provides traders in Ireland with 3 different account types for live trading. These are the zero account, classic account and the fusion pro account. For the zero account, the spreads start from 0.0 pips and the commission charged is $2.25 per side. For the classic account, the spreads start from 0.9 pips and no commission is charged.
The Fusion Markets broker offers traders 4 main trading platforms. These are TradingView, MetaTrader 4, MetaTrader 5, and cTrader trading platform.
When it comes to customer support, Fusion Markets excels by offering 24/7 assistance. Traders can reach out to their support team via email, phone, or live chat.
This broker provides a leverage of up to 1:500 depending on the financial instrument you are trading.
To open an account with the Fusion Markets broker, you do not require a minimum deposit. To start trading with the Fusion markets broker, you only require a deposit of $1. It is important to note that this is applicable for only certain payment methods.
If you are interested in learning more about the Fusion Markets broker, check our full review here or watch the video below.
2. BlackBull Markets
Assets Available | 6 Asset Classes – Forex, Commodities, Equities, Indices, Metals and Cryptocurrencies. |
Regulated By | FMA, FSA |
No. Of Trading Platforms | 6 main trading platforms - TradingView, MetaTrader 4, MetaTrader 5, cTrader, BlackBull CopyTrader and BlackBull Invest |
Leverage | Up to 1:500 |
Spreads | From 0.0 pips (depends on account type) |
Commission | From 0% (depends on account type) |
Min Deposit | $0 |
Demo Account | Yes |
Education Provided | Provides basic education including trading tutorials, webinars, etc |
Methods of Payment | Visa, Mastercard, Bank Transfer, Airtm, Crypto, Neteller, Skrill, HexoPay, AMEX, SEPA, Poll, PaymentAsia, Help2Pay, FXPay, FasaPay, China Union pay, Boleto, Beeteller, AstroPay |
Open Account |
BlackBull Markets is another great option for traders in Ireland. Founded in 2014 and headquartered in Auckland, New Zealand, they’ve earned a strong reputation for their dependability and superb trading conditions.
The BlackBull markets broker is regulated by several financial authorities, including the top tier Financial Markets Authority (FMA).
The BlackBull markets broker provides traders with a range of trading platforms. These include TradingView, MetaTrader 4, MetaTrader 5, cTrader, BlackBull copy trader and BlackBull invest
The BlackBull markets broker offers traders with 3 main account types for live trading. These are ECN standard account, ECN prime account and the ECN Institutional account.
For the ECN Standard account, spreads begin at 0.8 pips with no commission fees. The ECN Prime account offers spreads starting from 0.1 pips and charges a commission of $6 per lot. Meanwhile, the ECN Institutional account features spreads starting as low as 0.0 pips with a commission of $4 per lot.
When it comes to customer service, the BlackBull markets broker provides 24/7 customer support. You can contact the BlackBull markets broker through, phone, email and live chat.
The BlackBull markets broker provide traders with a leverage of up to 1:500 similar to that of the Fusion markets broker.
To open an account with the BlackBull markets broker, you don’t require a minimum deposit. If you are interested in learning more about the BlackBull Markets broker, check our full review here or watch the video below.
3. AvaTrade
Assets Available | 7 Asset Classes - Forex, Crypto, Stocks, Commodities, Indices, ETFs, bonds. |
Regulated By | ASIC, FSCA, FSA, ADGM, FRSA, ISA, CySEC, CBI |
No. Of Trading Platforms | 8 Trading Platforms - TradingView, MT4, MT5, AvaOptions, AvaSocial, DupliTrade and ZuluTrade |
Leverage | Up to 1:400 |
Spreads | Around 0.9 for Majors |
Commission | 0% |
Min Deposit | $100 |
Demo Account | Yes |
Education Provided | Trading courses provided |
Methods of Payment | Credit/Debit Cards, Bank Wire Transfer, Neteller, Skrill, WebMoney, PayPal |
Open Account |
AvaTrade is another great broker that provides brokerage services to traders in Ireland. AvaTrade broker was founded in Dublin, Ireland in 2006.
The AvaTrade broker is regulated by several regulators, including the top tier Central Bank of Ireland (CBI).
AvaTrade provides traders with eight different trading platforms, including the popular MetaTrader 4 and MetaTrader 5. For those who prefer trading on the go, AvaTrade also offers the AvaTrade Go mobile platform.
The AvaTrade broker provides traders with 2 main account types for live trading. These are the retail trader account and professional trader accounts.
For the retail account, the AvaTrade broker does not charge a commission and the spreads are around 0.9 pips for the Major currency pairs.
AvaTrade provides 24/5 customer support, ensuring help is available when you need it. You can contact their support team via email, phone, or WhatsApp. It’s simple, straightforward, and effective.
The maximum leverage provided by the AvaTrade broker is up to 1:400. You need to be a professional client to access this amount of leverage. For retail clients, the leverage is 1:30.
To start trading with the AvaTrade broker, you require a minimum deposit of $100. If you are interested in learning more about the AvaTrade broker, check our full review here or watch the video below.
4. IC Markets
Assets Available | 7 Asset Classes - Forex, Commodities, Indices, Bonds, Crypto, Stocks, Futures |
Regulated By | ASIC, CySEC, FSA |
No. Of Trading Platforms | 4 Trading Platforms - MetaTrader 4, MetaTrader 5, cTrader and TradingView. |
Leverage | Up to 1:500 |
Spreads | From 0.0 pips |
Commission | From 0% |
Min Deposit | $200 |
Demo Account | Yes |
Education Provided | Trading courses provided |
Methods of Payment | Credit Card/Debit Card, PayPal, Neteller, Skrill, Wire transfer, BPay, Broker to Broker, RapidPay and Klarna |
Open Account |
The IC Markets broker is also another great broker for traders in Ireland. The IC Markets broker was founded in, Sydney, Australia in 2007.
The IC Markets broker is regulated by several financial authorities, including the Australian Securities and Investment Commission (ASIC).
The IC Markets broker provides traders with 3 main account types. These are the raw spread cTrader/TradingView, raw spread MetaTrader and standard account. For the Raw spread accounts the spreads starts from 0.0 pips but for the standard account the spreads starts from 0.8 pips.
For the standard account, there are no commissions charged. For the raw spread cTrader/TradingView account, the commission charged is $3 per lot per side and for the raw spread MetaTrader account, the commission charged is $3.5 per lot per side.
This broker offers traders with several trading platforms. These are, MetaTrader 4, MetaTrader 5, cTrader and TradingView trading platform.
The IC markets broker provides traders with 24/7 customer support. Similar to the previous brokers, you can contact the IC markets support through phone, email and live chat.
This broker provides a maximum leverage of up to 1:500. To start trading with the IC Markets broker, traders require a minimum deposit of $200.
5. FP Markets
FP Markets is another broker that provides services to traders in Ireland.
FP markets was founded in 2005 in Sydney, Australia. Over the years, FP Markets has grown significantly and now has offices globally.
FP Markets is regulated by top tier regulators such as the Australian Securities and Investments Commission (ASIC).
FP Markets gives you a choice of excellent trading platforms to work with. They have the popular MetaTrader 4 and MetaTrader 5, plus the more advanced Iress platform for experienced traders. You can use them on your computer, through your web browser, or even on your phone.
When it comes to customer service, FP Markets provides 24/7 customer support to answer any questions you have. You can get in touch with them easily by phone, email, or live chat.
This broker provides two main account types of retail clients. These are the Standard Account & Raw Spread Account. For the standard account, the spreads start’s from 1.0 pips and commission charged is $0. For the raw spread account, the spreads start from 0.0 pips and the commission charged is $3 per side.
The FP Markets broker provides traders with a maximum leverage of 1:500.
To start trading with the FP Markets broker, you require a minimum deposit of $100.
Our Evaluation Methodology
We assess brokers through a comprehensive rating system that involves examining more than 100 data points across key categories. Our approach includes the following:
- Trust and Regulation – We verify each broker’s regulatory status and licenses to ensure they operate under the supervision of credible financial authorities, ideally tier 1 regulators.
- Cost Analysis – We scrutinise trading fees and compare them against industry standards by setting up and trading within live accounts.
- Platform Performance – We evaluate the trading platforms’ functionality, user interface, and available tools by conducting hands-on testing.
- Instrument Availability – We assess the diversity and range of tradable assets offered by each broker.
- Customer Service – We test the accessibility and competence of customer support by reaching out via various channels.
- Transaction Methods – We review the deposit and withdrawal options, focusing on fees and processing times.
- Account Variety – We analyze the different account types, considering their features, minimum deposit requirements, and execution methods.
- Educational Resources – We examine the quality and breadth of educational materials provided to help traders improve their knowledge and skills.
Conclusion
In this article, we talked about 5 different brokers that are great for traders in Ireland. All these brokers are regulated and provide great features for traders in Ireland.
