CFDs are leveraged products and 73% of retail traders lose money when trading CFDs.Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Rankings are influenced by affiliate commissions. All information collected on 1/11/2017.

The Ultimate Guide to

Choosing a Broker
For Ireland

Not sure which broker is right for you?

Don’t worry - we’ve got you covered. In this guide, you’ll learn:


Part 1

Why Choose
For Ireland?

scored best in our review of the top brokers for ireland, which takes into account 120+ factors across eight categories. Here are some areas where scored highly in:

  • + years in business
  • Offers + instruments
  • A range of platform inc.
  • 24/7 customer service
  • Tight spreads from pips
  • Used by 0+ traders
  • Offers demo account
  • 0 languages

offers one way to trade. If you wanted to trade EURUSD

The two most important categories in our rating system are the cost of trading and the broker’s trust score. To calculate a broker’s trust score, we take into account a range of factors, including their regulation history, years in business, liquidity provider etc.

have a trust score, which is . This is largely down to them being regulated by , segregating client funds, being segregating client funds, being established for over

Trust Score comparison

Trust Score
Regulated by
Uses tier 1 banks
Company Type Private Private Private
Segregates client funds

The second thing we look for is the competitiveness of the spreads, and what fees they charge. We’ve compared these in detail in part three of this guide.

Part 2

Who is (& Isn’t)
Suitable For

As mentioned, allows you to trade in one way: .

Suitable for:

  • Spread Betting
  • CFD Trading
  • Forex Trading
  • Social Trading

Not Suitable for:

To trade with , you’ll need a minimum deposit of $. offers a range of different account types for different traders including a , .

Finally, isn’t available in the following countries: . They do not offer islamic accounts .

Part 3

A Comparison of vs. vs.

Want to see how stacks up against and ? We’ve compared their spreads, features, and key information below.

Spread & fee comparsion

The spreads below are illustrative. For more accurate pricing information, click on the names of the brokers at the top of the table to open their websites in a new tab.
Fixed Spreads
Variable Spreads
EUR/USD Spread
GBP/USD Spread
USD/CAD Spread
USD/JPY Spread
DAX Spread
FTSE 100 Spread
S&P500 Spread

Comparison of account & trading features

Base currency options
Funding options
Micro account
ECN account

Part 4


Established in 2006, AvaTrade has gained significant recognition in the the industry in its first 10 years. Extending its presence to more than 150 countries, the company have 11 offices worldwide, with the EU head office in Dublin, Ireland. The local office makes this a top choice for traders based in Ireland, in addition to their regulatory status. They are registered as a MiFID (Markets in Financial Instruments Directive) investment firm with the Central bank of Ireland and as such are subject to client money rules and other stringent regulatory standards.

AvaTrade’s trading platforms include MetaTrader 4 and AvaTrade’s own AvaTradeAct. All platforms are available for a variety of different devices. Extensive training resources are available, and a free demo account is available for clients to try for 21 days. A base currency of Euros can be selected when opening a demo or live account, which can be useful for traders in Ireland.

Over 250 financial instruments, including cryptocurrencies, commodities, indices and shares can be traded through the AvaTrade platforms, primarily through CFDs and Forex pairs. With a large customer base, dedicated account managers, and with such significant trade volumes passing through their systems regularly, it is easy to see why AvaTrade are a preferred choice for Irish traders.

Whilst online payments such as PayPal and Skrill are not yet available to customers the EU, there are many suitable deposit and withdrawals methods for clients, including bank transfer and debit/credit card transactions.


With its headquarters in Limassol, Cyprus, the Plus500 platform is offered by Plus500CY Ltd. They operate in Ireland under authorisation from the Cyprus Securities and Exchange Commission (CySEC), to offer thousands of products and markets via contracts for difference (CFD), along with related services. As such, the firm are required to comply with regulations such as the EU Capital Requirements Directive, ensuring they have sufficient capital and supervisory mechanisms in place to reduce the risk of insolvency. This, and other regulatory standards they adhere to, make them a robust and stable choice for Irish traders.

Plus500’s powerful trading platform is intuitive and easy to use. It can either be downloaded as an app for any type of device, or used online via a web browser. Live chat, video demonstrations and other documents are available to help traders learn more about how to get the most from the trading platform.

A free demo account is available for customers within Ireland, with so the service can be tried before clients start to trade with real money. The accounts can be set up with Euros as the base currency, and deposits and withdrawals can be made through PayPal/Skrill, Visa/Mastercard, and direct bank deposit.

A wide range of popular stocks, indices, commodities, cryptocurrencies and forex pairs are available, with some of the most popular amongst traders in Ireland including the UK100, Paddy Power Betfair, Tesla Motors, Ethereum, and sugar.

City Index

Founded in the UK in 1983, City Index has earned its reputation as one of the top brokers over the past 34 years in the trading industry. It offers one of the world’s largest trading platforms, giving clients access to more than 12,000 markets. The company is authorised and regulated under its parent company Gain Capital UK Ltd. by the UK’s Financial Conduct Authority (FCA), with permission for dealing in investments and carrying out related arrangements. They are regulated in 8 jurisdictions worldwide, but with the head office located in London, City Index are a fairly local choice for traders from Ireland.

City Index offers CFD (contracts for difference) and Forex trading in indices, shares, commodities, bonds, and many other financial instruments. With its vast customer base, the company has boasted over 1 million trades per month. The award-winning City Index platform offers high levels of control and flexibility to its customers. Clients can customise 16 charts and more than 80 indicators to perform a thorough financial analysis.

A remarkable feature of City Index is the plethora of educational resources available on their website, including information from the very basic to relatively advanced financial topics. A free demo account is also available for clients who wish to take their service for a test drive before opening an actual account. Both the website and the trading platform are offered in the English language, making them ideal for Irish traders.

With City Index, clients can fund their account through Visa/Mastercard or a bank transfer. Bank transfers and debit card payments are free, whilst a fee of 1.5% is levied on payments through a credit card.

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Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.