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  1. Best Forex Brokers
How we make money

Best Forex Brokers and Trading Platforms in Andorra 2026

Last updated Jan 21, 2026
Nikolay Zavarov - Author
Nikolay Zavarov
Author
Andrey Bondarenko - Editor
Andrey Bondarenko
Editor
Nikolay Zavarov
Author
Andrey Bondarenko
Editor

We rigorously test brokers on real accounts and evaluate them using our methodology. Here are the top Forex brokers in Andorra based on our analysis:

  1. 1
    AvaTrade Logo
    AvaTrade - Best Forex broker in Andorra - A wide selection of financial assets. Innovative trading platforms. Highly rated educational resources.
  2. 2
    FP Markets Logo
    FP Markets - Robust regulation, serious fund protection plus segregated accounts in AA banks. Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server. Rich selection of trading platforms.
  3. 3
    Eightcap Logo
    Eightcap - Support for popular platforms MT4, MT5, and integration with TradingView. Over 800 trading instruments, including 160+ cryptocurrency CFDs. Regulated by ASIC, FCA, CySEC, and SCB.
  4. 4
    easyMarkets Logo
    easyMarkets - Regulated in many jurisdictions. Unique risk management tools (dealCancellation, Freeze Rate). Access to various trading platforms.
  5. 5
    Tickmill Logo
    Tickmill - Low trading fees. Variety of trading platforms. Extensive library of educational materials and analytical tools.
  6. 6
    FxPro Logo
    FxPro - Various trading platforms. A diverse range of available markets and products. Multiple analytics tools.
  7. 7
    Plus500 Logo
    Plus500 - Diversity of trading assets. Intuitive trading platform. 24/7 support.
  8. 8
    ActivTrades Logo
    ActivTrades - Wide range of trading assets. A wide variety of trading platforms. Extensive training materials including webinars, videos, articles and guides.
  9. 9
    XM Logo
    XM - Wide range of trading assets. Extensive educational resources. Tight spreads on the Ultra Low account.
  10. 10
    XTB Logo
    XTB - Regulated by several leading financial authorities. Variety of methods to deposit funds. Wide range of trading assets.

Choosing a broker is mostly about safety, costs, and execution quality. Below you’ll find platforms we consider strong options for traders in Andorra, with a focus on transparent conditions and reliable trading tools.

Comparison of the Best Forex Brokers in Andorra

AvaTrade
FP Markets
Eightcap
Broker
AvaTrade LogoAvaTrade
FP Markets LogoFP Markets
Eightcap LogoEightcap
Rating
4.7/5
4.7/5
4.5/5
Foundation Year200520052015
Regulated in CountriesIreland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, CanadaAustralia, Cyprus, South Africa, Saint Vincent and the Grenadines, SeychellesAustralia, United Kingdom, Cyprus, Bahamas
Regulators
Central Bank of Ireland
Central Bank of Ireland
KNF
KNF
FCA
FCA
BVIFSC
BVIFSC
ASIC
ASIC
FSCA
FSCA
JFSA
JFSA
JFFA
JFFA
FSRA
FSRA
ISA
ISA
CIRO
CIRO
ASIC
ASIC
CySEC
CySEC
FSCA
FSCA
SVGFSA
SVGFSA
SFSA
SFSA
ASIC
ASIC
FCA
FCA
CySEC
CySEC
SCB
SCB
Minimum Deposit
  • 100 USD
  • 100 EUR
  • 100 GBP
  • 100 CHF
  • 100 USD
  • 100 EUR
  • 100 GBP
  • 100 CHF
  • 100 CAD
  • 100 AUD
  • 100 NZD
  • 100 SGD
  • 100 HKD
  • 1700 ZAR
  • 100 USD
  • 100 EUR
  • 100 GBP
  • 100 AUD
  • 100 NZD
  • 100 CAD
  • 100 SGD
Trading Accounts
  • CFD
  • Standard
  • Raw
  • Standard
  • Raw
Spreadfrom 0.6 pointsfrom 0 pointsfrom 0 points
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader
  • AvaTradeGO
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • TradingView
  • MetaTrader 4
  • MetaTrader 5
  • TradingView
ReviewAvaTrade ReviewFP Markets ReviewEightcap Review
Broker Comparison
  • AvaTrade vs FP Markets
  • AvaTrade vs Eightcap
  • FP Markets vs AvaTrade
  • FP Markets vs Eightcap
  • Eightcap vs AvaTrade
  • Eightcap vs FP Markets
RegisterTrading CFDs carries high risks. You may lose all invested fundsRegisterTrading CFDs carries high risks. You may lose all invested fundsRegisterTrading CFDs carries high risks. You may lose all invested funds

List of the Best Forex Trading Platforms for Andorra in 2026

AvaTrade Logo
1
Foundation Year2005
Minimum Deposit
€100
4.7/5
Read AvaTrade reviewAvaTrade review
RegisterTrading CFDs carries high risks. You may lose all invested funds
1
AvaTrade Logo
4.7/5
AvaTrade review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2005
Minimum Deposit
€100
FP Markets Logo
2
Foundation Year2005
Minimum Deposit
€100
4.7/5
Read FP Markets reviewFP Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
2
FP Markets Logo
4.7/5
FP Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2005
Minimum Deposit
€100
Eightcap Logo
3
Foundation Year2015
Minimum Deposit
€100
4.5/5
Read Eightcap reviewEightcap review
RegisterTrading CFDs carries high risks. You may lose all invested funds
3
Eightcap Logo
4.5/5
Eightcap review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2015
Minimum Deposit
€100
easyMarkets Logo
4
Foundation Year2001
Minimum Deposit
€25
4.5/5
Read easyMarkets revieweasyMarkets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
4
easyMarkets Logo
4.5/5
easyMarkets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2001
Minimum Deposit
€25
Tickmill Logo
5
Foundation Year2013
Minimum Deposit
€100
4.5/5
Read Tickmill reviewTickmill review
RegisterTrading CFDs carries high risks. You may lose all invested funds
5
Tickmill Logo
4.5/5
Tickmill review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2013
Minimum Deposit
€100
FxPro Logo
6
Foundation Year2006
Minimum Deposit
€100
4.4/5
Read FxPro reviewFxPro review
RegisterTrading CFDs carries high risks. You may lose all invested funds
6
FxPro Logo
4.4/5
FxPro review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2006
Minimum Deposit
€100
Plus500 Logo
7
Foundation Year2007
Minimum Deposit
€100
4.3/5
Read Plus500 reviewPlus500 reviewPlus500 is a CFD broker and offers Forex CFDs.
Register79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
7
Plus500 Logo
4.3/5
Plus500 reviewPlus500 is a CFD broker and offers Forex CFDs.
Register79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Foundation Year2007
Minimum Deposit
€100
ActivTrades Logo
8
Foundation Year2000
Minimum Deposit
€1
4.3/5
Read ActivTrades reviewActivTrades review
Register81% of retail investors lose money when trading CFDs with this broker
8
ActivTrades Logo
4.3/5
ActivTrades review
Register81% of retail investors lose money when trading CFDs with this broker
Foundation Year2000
Minimum Deposit
€1
XM Logo
9
Foundation Year2009
Minimum Deposit
€5
4.2/5
Read XM reviewXM review
RegisterTrading CFDs carries high risks. You may lose all invested funds
9
XM Logo
4.2/5
XM review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2009
Minimum Deposit
€5
XTB Logo
10
Foundation Year2001
Minimum Deposit
$1
4.2/5
Read XTB reviewXTB review
Register69-80% of retail investors lose money when trading CFDs with this broker
10
XTB Logo
4.2/5
XTB review
Register69-80% of retail investors lose money when trading CFDs with this broker
Foundation Year2001
Minimum Deposit
$1
AvaTrade Logo
1
Foundation Year2005
Minimum Deposit
€100
4.7/5
Read AvaTrade reviewAvaTrade review
RegisterTrading CFDs carries high risks. You may lose all invested funds
1
AvaTrade Logo
4.7/5
AvaTrade review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2005
Minimum Deposit
€100
FP Markets Logo
2
Foundation Year2005
Minimum Deposit
€100
4.7/5
Read FP Markets reviewFP Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
2
FP Markets Logo
4.7/5
FP Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2005
Minimum Deposit
€100
Eightcap Logo
3
Foundation Year2015
Minimum Deposit
€100
4.5/5
Read Eightcap reviewEightcap review
RegisterTrading CFDs carries high risks. You may lose all invested funds
3
Eightcap Logo
4.5/5
Eightcap review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2015
Minimum Deposit
€100
easyMarkets Logo
4
Foundation Year2001
Minimum Deposit
€25
4.5/5
Read easyMarkets revieweasyMarkets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
4
easyMarkets Logo
4.5/5
easyMarkets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2001
Minimum Deposit
€25
Tickmill Logo
5
Foundation Year2013
Minimum Deposit
€100
4.5/5
Read Tickmill reviewTickmill review
RegisterTrading CFDs carries high risks. You may lose all invested funds
5
Tickmill Logo
4.5/5
Tickmill review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2013
Minimum Deposit
€100
FxPro Logo
6
Foundation Year2006
Minimum Deposit
€100
4.4/5
Read FxPro reviewFxPro review
RegisterTrading CFDs carries high risks. You may lose all invested funds
6
FxPro Logo
4.4/5
FxPro review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2006
Minimum Deposit
€100
Plus500 Logo
7
Foundation Year2007
Minimum Deposit
€100
4.3/5
Read Plus500 reviewPlus500 reviewPlus500 is a CFD broker and offers Forex CFDs.
Register79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
7
Plus500 Logo
4.3/5
Plus500 reviewPlus500 is a CFD broker and offers Forex CFDs.
Register79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Foundation Year2007
Minimum Deposit
€100
ActivTrades Logo
8
Foundation Year2000
Minimum Deposit
€1
4.3/5
Read ActivTrades reviewActivTrades review
Register81% of retail investors lose money when trading CFDs with this broker
8
ActivTrades Logo
4.3/5
ActivTrades review
Register81% of retail investors lose money when trading CFDs with this broker
Foundation Year2000
Minimum Deposit
€1
XM Logo
9
Foundation Year2009
Minimum Deposit
€5
4.2/5
Read XM reviewXM review
RegisterTrading CFDs carries high risks. You may lose all invested funds
9
XM Logo
4.2/5
XM review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2009
Minimum Deposit
€5
XTB Logo
10
Foundation Year2001
Minimum Deposit
$1
4.2/5
Read XTB reviewXTB review
Register69-80% of retail investors lose money when trading CFDs with this broker
10
XTB Logo
4.2/5
XTB review
Register69-80% of retail investors lose money when trading CFDs with this broker
Foundation Year2001
Minimum Deposit
$1

1. AvaTrade

AvaTrade Logo
Spread fromEURUSD0.6pips
Trading Assets
Forex Stocks Indices ETF Cryptocurrency Bonds Precious Metals Energy Carriers Soft Commodities
Trading Platforms
MetaTrader 4 MetaTrader 5 WebTrader AvaTradeGO
★4.7/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead AvaTrade review
1
About AvaTrade
Founded in 2005
Countries of registration:
ie Flag
vg Flag
au Flag
za Flag
jp Flag
ae Flag
il Flag
ca Flag
Regulators:
Central Bank of IrelandKNFBVIFSCASICFSCAJFSAJFFAFSRAISACIRO
AvaTrade Logo
1
★4.7/5
AvaTrade review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
ie Flag
vg Flag
au Flag
za Flag
jp Flag
ae Flag
il Flag
ca Flag
Regulators:
Central Bank of IrelandKNFBVIFSCASICFSCAJFSAJFFAFSRAISACIRO
Trading Assets
ForexStocksIndicesETFCryptocurrencyBondsPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 4MetaTrader 5WebTraderAvaTradeGO
compare AvaTrade trading accounts

AvaTrade is ideal for traders looking for various trading tools and a high level of investment protection. Beginners will be comfortable with the intuitive interface of the AvaTradeGO mobile platform, while experienced traders will appreciate the depth of MetaTrader's customization and analytical tools. However, traders who need access to STP or ECN accounts should pay attention to other brokerage companies.

Pros and Cons of AvaTrade

Pros

  1. A wide selection of financial assets.
  2. Innovative trading platforms.
  3. Highly rated educational resources.

Cons

  1. Limited trading account options.
  2. Account inactivity fee.

2. FP Markets

FP Markets Logo
Spread fromEURUSD0pips
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency
Trading Platforms
MetaTrader 4 MetaTrader 5 cTrader TradingView
★4.7/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead FP Markets review
2
About FP Markets
Founded in 2005
Countries of registration:
au Flag
cy Flag
za Flag
vc Flag
sc Flag
Regulators:
ASICCySECFSCASVGFSASFSA
FP Markets Logo
2
★4.7/5
FP Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
au Flag
cy Flag
za Flag
vc Flag
sc Flag
Regulators:
ASICCySECFSCASVGFSASFSA
Trading Assets
ForexPrecious MetalsEnergy CarriersSoft CommoditiesIndicesStocksETFBondsCryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5cTraderTradingView
compare FP Markets trading accounts

FP Markets successfully combines a strict licensing framework, a fast ECN order book with zero spreads, a rich selection of platforms — ranging from classic MT4/5 to TradingView and Iress DMA — and a developed analytics, education, and 24/7 support infrastructure. This combination makes the broker attractive for active scalpers and algorithmic traders who value speed and moderate commission per lot, as well as for investors preferring copy trading, PAMM/MAM, or DMA stocks via Iress. Beginners will benefit from a low entry of 100 AUD, online courses, and no inactivity fees.

Pros and Cons of FP Markets

Pros

  1. Robust regulation, serious fund protection plus segregated accounts in AA banks.
  2. Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server.
  3. Rich selection of trading platforms.
  4. Wide range of instruments.
  5. Numerous deposit/withdrawal methods.
  6. Strong analytics and education.
  7. 24/7 support.

Cons

  1. Lack of cent accounts and fixed spread accounts.
  2. Some analytical materials and software are accessible only with a deposit or trading volume.

3. Eightcap

Eightcap Logo
Spread fromEURUSD0pips
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks Cryptocurrency
Trading Platforms
MetaTrader 4 MetaTrader 5 TradingView
★4.5/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Eightcap review
3
About Eightcap
Founded in 2015
Countries of registration:
au Flag
uk Flag
cy Flag
bs Flag
Regulators:
ASICFCACySECSCB
Eightcap Logo
3
★4.5/5
Eightcap review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
au Flag
uk Flag
cy Flag
bs Flag
Regulators:
ASICFCACySECSCB
Trading Assets
ForexPrecious MetalsEnergy CarriersSoft CommoditiesIndicesStocksCryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5TradingView
compare Eightcap trading accounts

Eightcap is a modern broker with reliable regulation, convenient MT4, MT5, and TradingView platforms, and a wide selection of instruments, including over 160 cryptocurrency CFDs. It suits traders who value technology, fast market access, and competitive trading conditions. The broker will be especially interesting for active traders and those who use CFD instruments, but is less convenient for investors seeking passive trading solutions.

Pros and Cons of Eightcap

Pros

  1. Support for popular platforms MT4, MT5, and integration with TradingView.
  2. Over 800 trading instruments, including 160+ cryptocurrency CFDs.
  3. Regulated by ASIC, FCA, CySEC, and SCB.
  4. Convenient deposit and withdrawal methods with no fees.
  5. Modern analytics tools: AI economic calendar and FlashTrader for MT5.

Cons

  1. No cent or Islamic accounts.
  2. No passive trading solutions (copy trading, PAMM).

4. easyMarkets

easyMarkets Logo
Spread fromEURUSD0.7pips
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks Cryptocurrency
Trading Platforms
easyMarkets MetaTrader 4 TradingView MetaTrader 5
★4.5/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead easyMarkets review
4
About easyMarkets
Founded in 2001
Countries of registration:
sc Flag
vg Flag
cy Flag
au Flag
za Flag
Regulators:
SFSABVIFSCCySECASICFSCA
easyMarkets Logo
4
★4.5/5
easyMarkets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
sc Flag
vg Flag
cy Flag
au Flag
za Flag
Regulators:
SFSABVIFSCCySECASICFSCA
Trading Assets
ForexPrecious MetalsEnergy CarriersSoft CommoditiesIndicesStocksCryptocurrency
Trading Platforms
easyMarketsMetaTrader 4TradingViewMetaTrader 5
compare easyMarkets trading accounts

easyMarkets is a reliable international broker with nearly 25 years of experience, licenses from leading regulators (CySEC, ASIC, FSCA, etc.), and a focus on simplicity and trading safety. It suits beginner traders thanks to a low minimum deposit from 25 USD, fixed spreads, and a convenient proprietary platform with unique risk management tools. At the same time, the broker will also appeal to more experienced users thanks to the availability of MT4, MT5, TradingView, Islamic accounts, and VIP service. Despite a relatively average selection of CFD instruments and the absence of passive trading services, easyMarkets delivers a good combination of reliability, technology, and customer support.

Pros and Cons of easyMarkets

Pros

  1. Regulated in many jurisdictions.
  2. Unique risk management tools (dealCancellation, Freeze Rate).
  3. Access to various trading platforms.
  4. Minimum deposit from 25 USD, convenient for beginners.
  5. A wide range of deposit and withdrawal methods, including cryptocurrencies.
  6. Strong analytics (Daily Pitch, AI reviews, trading signals).
  7. Competent support with many contact channels.

Cons

  1. High swaps compared to competitors.
  2. No cent accounts or passive trading services (PAMM, copy trading).
  3. Average number of CFD instruments, behind market leaders.

5. Tickmill

Tickmill Logo
Spread fromEURUSD0pips
Trading Assets
Forex Indices Bonds Cryptocurrency Precious Metals Energy Carriers Soft Commodities Stocks ETF
Trading Platforms
MetaTrader 4 MetaTrader 5 TradingView
★4.5/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Tickmill review
5
About Tickmill
Founded in 2013
Countries of registration:
uk Flag
cy Flag
za Flag
sc Flag
Regulators:
FCADFSACySECFSCASFSA
Tickmill Logo
5
★4.5/5
Tickmill review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
uk Flag
cy Flag
za Flag
sc Flag
Regulators:
FCADFSACySECFSCASFSA
Trading Assets
ForexIndicesBondsCryptocurrencyPrecious MetalsEnergy CarriersSoft CommoditiesStocksETF
Trading Platforms
MetaTrader 4MetaTrader 5TradingView
compare Tickmill trading accounts

Tickmill offers high-quality services and conditions for trading on the international Forex market. With reliable regulation, access to popular trading platforms, and comprehensive educational and analytical materials, Tickmill becomes an attractive choice for traders of different experience levels.

The broker is suitable for novice traders, thanks to accessible educational materials and the ease of opening an account, as well as for experienced traders who value low spreads, platform stability, and a variety of trading instruments.

Pros and Cons of Tickmill

Pros

  1. Low trading fees.
  2. Variety of trading platforms.
  3. Extensive library of educational materials and analytical tools.

Cons

  1. Not enough different types of trading accounts.

6. FxPro

FxPro Logo
Spread fromEURUSD0pips
Trading Assets
Forex Indices Cryptocurrency Stocks Precious Metals Energy Carriers Soft Commodities
Trading Platforms
MetaTrader 4 FxPro Edge MetaTrader 5 cTrader TradingView
★4.4/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead FxPro review
6
About FxPro
Founded in 2006
Countries of registration:
uk Flag
cy Flag
bs Flag
Regulators:
FCACySECSCB
FxPro Logo
6
★4.4/5
FxPro review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
uk Flag
cy Flag
bs Flag
Regulators:
FCACySECSCB
Trading Assets
ForexIndicesCryptocurrencyStocksPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 4FxPro EdgeMetaTrader 5cTraderTradingView
compare FxPro trading accounts

FxPro provides a comprehensive range of services and tools for traders. With its variety of trading accounts, platforms, and available markets, it is well-suited to meet the needs of different traders. This broker suits traders looking for a wide selection of markets, diverse platforms, and analytical tools. It is also apt for beginner traders, thanks to the educational materials and experienced traders who value flexible trading conditions.

Pros and Cons of FxPro

Pros

  1. Various trading platforms.
  2. A diverse range of available markets and products.
  3. Multiple analytics tools.
  4. Extensive educational materials.

Cons

  1. An inactivity fee.
  2. Absence of cent accounts and services for copying trades.

7. Plus500

Plus500 Logo
Spread fromEURUSD0.6pips
Trading Assets
Forex Indices Stocks ETF Precious Metals Energy Carriers Soft Commodities
Trading Platforms
WebTrader
★4.3/5
Register79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.Read Plus500 review
7
About Plus500
Founded in 2007
Countries of registration:
cy Flag
uk Flag
au Flag
sc Flag
ee Flag
sg Flag
us Flag
Regulators:
CySECFCAASICNZ FMAFSCASFSAEFSAMASCFTCNFA
Plus500 Logo
7
★4.3/5
Plus500 review
Register79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Countries of registration:
cy Flag
uk Flag
au Flag
sc Flag
ee Flag
sg Flag
us Flag
Regulators:
CySECFCAASICNZ FMAFSCASFSAEFSAMASCFTCNFA
Trading Assets
ForexIndicesStocksETFPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
WebTrader
compare Plus500 trading accounts

Plus500 is ideal for traders seeking a convenient and intuitive platform with a broad spectrum of trading instruments. It's particularly well-suited for those who value a diverse range of CFDs on stocks, indices, currencies, commodities, and ETFs. The built-in Insight+ analytics tool is a significant advantage for those keen on analyzing trends and activities based on real-time data.

Pros and Cons of Plus500

Pros

  1. Diversity of trading assets.
  2. Intuitive trading platform.
  3. 24/7 support.
  4. Built-in analytics.

Cons

  1. Limited channels for communication with technical support.
  2. Limited choice of trading accounts.

8. ActivTrades

ActivTrades Logo
Spread fromEURUSD0.5pips
Trading Assets
Forex Stocks Indices Cryptocurrency Bonds Precious Metals Energy Carriers Soft Commodities ETF
Trading Platforms
MetaTrader 4 MetaTrader 5 ActivTrader TradingView
★4.3/5
Register81% of retail investors lose money when trading CFDs with this brokerRead ActivTrades review
8
About ActivTrades
Founded in 2000
Countries of registration:
bs Flag
uk Flag
pt Flag
lu Flag
br Flag
Regulators:
SCBFCACMVMCSSFCONSOBCVM
ActivTrades Logo
8
★4.3/5
ActivTrades review
Register81% of retail investors lose money when trading CFDs with this broker
Countries of registration:
bs Flag
uk Flag
pt Flag
lu Flag
br Flag
Regulators:
SCBFCACMVMCSSFCONSOBCVM
Trading Assets
ForexStocksIndicesCryptocurrencyBondsPrecious MetalsEnergy CarriersSoft CommoditiesETF
Trading Platforms
MetaTrader 4MetaTrader 5ActivTraderTradingView
compare ActivTrades trading accounts

ActivTrades is suitable for beginner traders who value simplicity and intuitive trading platforms, as well as a variety of educational materials to improve their skills. Moreover, this broker can be a suitable option for experienced traders who prefer to trade various instruments and use the powerful features of the MetaTrader 4, MetaTrader 5 and TradingView platforms.

However, for traders with more specific requirements, such as a variety of trading accounts or individual conditions for professional traders, ActivTrades may be less attractive.

Pros and Cons of ActivTrades

Pros

  1. Wide range of trading assets.
  2. A wide variety of trading platforms.
  3. Extensive training materials including webinars, videos, articles and guides.
  4. Professional Support Team.

Cons

  1. Lack of diversity in trading accounts.

9. XM

XM Logo
Spread fromEURUSD0pips
Trading Assets
Forex Indices Stocks Precious Metals Energy Carriers Soft Commodities Cryptocurrency
Trading Platforms
MetaTrader 5 MetaTrader 4
★4.2/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead XM review
9
About XM
Founded in 2009
Countries of registration:
bz Flag
cy Flag
au Flag
ae Flag
Regulators:
BFSCCySECASICDFSA
XM Logo
9
★4.2/5
XM review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
bz Flag
cy Flag
au Flag
ae Flag
Regulators:
BFSCCySECASICDFSA
Trading Assets
ForexIndicesStocksPrecious MetalsEnergy CarriersSoft CommoditiesCryptocurrency
Trading Platforms
MetaTrader 5MetaTrader 4
compare XM trading accounts

XM broker offers a wide range of services, making it an attractive option for various traders. With over 1500 trading instruments, extensive educational resources, and numerous trading platforms, XM is ideally suited for beginners and experienced traders. Novice traders will particularly appreciate the accessible educational materials and low entry threshold, while professionals will find the competitive spreads and diversity of instruments appealing.

Pros and Cons of XM

Pros

  1. Wide range of trading assets.
  2. Extensive educational resources.
  3. Tight spreads on the Ultra Low account.
  4. Many analytical materials.
  5. Commission-free deposits and withdrawals.

Cons

  1. Inconsistency in technical support.
  2. Inactivity fee.
  3. Standard account has a higher spread than the market average.

10. XTB

XTB Logo
Spread fromEURUSD0.5pips
Trading Assets
Forex ETF Stocks Indices Cryptocurrency Precious Metals Energy Carriers Soft Commodities Bonds
Trading Platforms
xStation
★4.2/5
Register69-80% of retail investors lose money when trading CFDs with this brokerRead XTB review
10
About XTB
Founded in 2001
Countries of registration:
bz Flag
pl Flag
uk Flag
es Flag
ae Flag
de Flag
Regulators:
BFSCKNFAMFACPRFCACNMVDFSABaFin
XTB Logo
10
★4.2/5
XTB review
Register69-80% of retail investors lose money when trading CFDs with this broker
Countries of registration:
bz Flag
pl Flag
uk Flag
es Flag
ae Flag
de Flag
Regulators:
BFSCKNFAMFACPRFCACNMVDFSABaFin
Trading Assets
ForexETFStocksIndicesCryptocurrencyPrecious MetalsEnergy CarriersSoft CommoditiesBonds
Trading Platforms
xStation
compare XTB trading accounts

XTB is a highly regulated broker with licenses from leading bodies such as the FCA, reinforcing its reliability and transparency. This broker offers a wide range of trading products, including currencies, indices, commodities, stocks, and cryptocurrencies, making it a flexible choice for traders of different levels and interests. Various deposit options and advanced analytical support further enhance its appeal against competitors.

XTB suits traders who value regulation and security, those looking for various trading tools, and those who want access to extensive analytical resources. The broker will especially suit active traders who maximize low spreads and product diversity.

Pros and Cons of XTB

Pros

  1. Regulated by several leading financial authorities.
  2. Variety of methods to deposit funds.
  3. Wide range of trading assets.
  4. Extensive analytical tools and resources.

Cons

  1. Withdrawal methods are limited.
  2. Lack of educational materials.

Regulation of Forex Brokers in Andorra

In Andorra, financial services (including investment services linked to Forex/CFDs when offered by an investment firm) are supervised by the Autoritat Financera Andorrana (AFA) - the country’s financial regulator responsible for authorisation and ongoing supervision of banks and investment firms.

Andorra is not a member of the EU/EEA, so the EU “passporting” model under MiFID (when an EU-licensed firm can serve clients across the EU based on one licence) does not apply in the same way. However, Andorra has been aligning its rules with European standards. In particular, Law 7/2024 transposes MiFID II (Directive 2014/65/EU) into Andorran law, strengthening investor protection and conduct requirements (disclosures, conflicts of interest, suitability/appropriateness checks, and best execution policies).

On the prudential side, Andorra also uses a framework for solvency and supervision of banks and investment firms (including capital and risk requirements) that has been progressively aligned with EU and Basel standards.

If you choose a broker regulated in the EU, the key protections and rules come from that broker’s “home” regulator under the European MiFID framework (for example CySEC, BaFin, AMF, CNMV, CONSOB, etc.), coordinated at the EU level by ESMA. If you choose a broker regulated in the UK, supervision is by the FCA. In all cases, always verify:

  • the broker’s licence and entity name (not just the brand),
  • where the account is legally held (jurisdiction),
  • client money rules (segregation) and complaint/compensation arrangements,
  • product classification (spot FX vs CFDs) and the exact fee structure.

Separately from market conduct rules, Andorra’s AML/CFT controls are coordinated by UIFAND (Financial Intelligence Unit of Andorra), which is responsible for anti-money-laundering oversight and prevention measures.

How We Compiled the List of the Best Brokers for Andorra

The selection of the brokers was based on practical criteria designed for real-world trading:

  1. We reference our Forex brokers list to keep a consistent scoring approach.
  2. Brokers are scored using our methodology (pricing, execution, platform quality, safety signals, and support).
  3. We prioritize brokers with clear terms, stable platforms, and a track record of serving international clients.

These standards help ensure the listed platforms are suitable for traders looking for reliable access to the Forex market.

FAQ

Which broker is best for Forex?

There isn’t one best broker for everyone. The best choice depends on your needs: costs (spreads/commissions), platform (MT4/MT5/cTrader), available instruments, deposit/withdrawal methods, and the broker’s regulation.

Is $100 enough to start Forex?

Some brokers allow small minimum deposits, so $100 can be enough to learn with very small trades. The key is to keep risk per trade low and avoid overusing leverage.

What is the best Forex broker in Europe?

“Best” depends on your location and goals. In general, many traders look for brokers regulated in Europe with strong consumer protections, transparent fees, and reliable execution.

Is Forex trading a good idea?

It can be a useful market to learn and trade, but it’s not a guaranteed way to make money. If you choose to trade, treat it like a skill: learn first, start small, and use strict risk management.

How do I start Forex trading?

A simple path is:

  1. Learn basics (pairs, spreads, leverage, risk).
  2. Practice on a demo account.
  3. Choose a regulated broker and open an account.
  4. Start small and track every trade.
  5. Improve strategy and discipline over time.
Nikolay Zavarov - AuthorNikolay ZavarovAuthor

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.

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