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Best Netherlands Forex Brokers 2023

Steven Hatzakis

Written by Steven Hatzakis
Edited by John Bringans
Fact-checked by Joey Shadeck

May 24, 2023

ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. Here's how we test.

Trading forex (currencies) in the Netherlands is popular among residents. While recommended, forex brokers are not required to become authorised by the Netherlands Authority for the Financial Markets (AFM) to accept residents of the Netherlands as customers.

The Netherlands Authority for the Financial Markets is the financial regulatory body in the Netherlands. Website: https://www.afm.nl. We recommend that residents of the Netherlands follow the AFM on Twitter: https://twitter.com/AutoriteitFM.

AFM

The AFM was established in 2002 and is responsible for covering all financial products, including savings, investments, loans, insurance, and accounting. For a historical breakdown, here's a link to the Netherlands Authority for the Financial Markets webpage on Wikipedia.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 65% and 82% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Best Forex Brokers Netherlands

To find the best forex brokers in the Netherlands, we created a list of all brokers that list the Netherlands as a country they accept new customers from. We then ranked brokers by their Overall ranking.

Here is our list of the best forex brokers in the Netherlands:

  • IG
    - Best overall broker, most trusted
  • FOREX.com
    - Excellent all-round offering
  • XTB - Great research and education
  • eToro - Best for copy and crypto trading
  • AvaTrade - Great for beginners and copy trading
  • FXCM - Excellent trading platforms and tools
  • Plus500 - High Trust Score, great for beginners

Netherlands Forex Brokers Comparison

Compare Netherlands authorised forex and CFDs brokers side by side using the forex broker comparison tool or the summary table below. This broker list is sorted by the firm's ForexBrokers.com Overall ranking.

Company Accepts NL Residents Average Spread EUR/USD - Standard Minimum Deposit Overall Rating Visit Site
IG logoIG check 0.86 £250.00 5/5 Stars Visit Site
FOREX.com logoFOREX.com check 1.0 $100 5/5 Stars Visit Site
XTB logoXTB check 1.07 $0 5/5 Stars
eToro logoeToro check 1 $10-$10,000 4.5/5 Stars
AvaTrade logoAvaTrade check 0.92 $100 4.5/5 Stars
FXCM logoFXCM check 1.38 Starts from $50 4.5/5 Stars
Plus500 logoPlus500 check 0.8 €100 4.5/5 Stars
Capital.com logoCapital.com check 0.65 $20 4.5/5 Stars
XM Group logoXM Group check 1.6 $5 4.5/5 Stars
Pepperstone logoPepperstone check 0.77 $200 4.5/5 Stars
Admiral Markets logoAdmiral Markets check 0.8 $100 4.5/5 Stars
FP Markets logoFP Markets check 1.2 $100 AUD 4.5/5 Stars
IC Markets logoIC Markets check 0.62 $200 4.5/5 Stars
Tickmill logoTickmill check 0.51 $100 4.5/5 Stars
BlackBull Markets logoBlackBull Markets check 0.827 $0 4/5 Stars
HFM logoHFM check 1.2 $0 4/5 Stars
FlowBank logoFlowBank check N/A $0.00 4/5 Stars
HYCM (Henyep) logoHYCM (Henyep) check 0.6 $100 4/5 Stars
Trading 212 logoTrading 212 check N/A EUR 10 4/5 Stars
Eightcap logoEightcap check 1.0 $100 4/5 Stars
Trade Nation logoTrade Nation check 0.6 $0 4/5 Stars
Moneta Markets logoMoneta Markets check 1.27 $50 4/5 Stars
MultiBank logoMultiBank check N/A $50 4/5 Stars
ACY Securities logoACY Securities check 1.2 $50 4/5 Stars
easyMarkets logoeasyMarkets check 0.9 $100 4/5 Stars

How to Verify AFM Authorisation

To verify the authorisation of a broker, enter the name of the broker in the financial registrar on the Netherlands Authority for the Financial Markets website.

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2023 Review Methodology

At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research and detailed forex guides, and we monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).

Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables.

We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points.

Some of the other important research categories that are factored into our testing include mobile trading accessibility and capability, availability of market research and educational content, and each broker’s overall Trust Score.

Read our full explanation and accounting of our research and testing process to learn more about how we test.

Forex Risk Disclaimer

There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Read more on forex trading risks.

About the Editorial Team

Steven Hatzakis
Steven Hatzakis

Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).


John Bringans
John Bringans

John Bringans is the Senior Editor of ForexBrokers.com. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.


Joey Shadeck
Joey Shadeck

Joey Shadeck is the Content Strategist and Research Analyst for ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.


Reink Media Group is compensated if you access certain of the products or services offered by eToro USA LLC and/or eToro USA Securities Inc. Any testimonials contained in this communication may not be representative of the experience of other eToro customers and such testimonials are not guarantees of future performance or success.
Trading Leveraged Products such as Forex and Derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice. Please read the full Risk Disclosure.


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