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Best Forex Brokers in Denmark

Denmark is a rich EU-based economy with a growing participation in forex and CFD trading activities. Being an EU company, Denmark follows the ESMA guidelines and MiFID II directive. We compared dozens of brokers who accept clients from the country in areas that matter like regulations, trading platforms, leverage, fees, and many other features. The following are our top 10 best brokers in Denmark.

Order by
81FreshForexBonus15% deposit bonusBest For Trading Without Min DepositMin deposit $10Max leverage 1:2000Regulated by NoAdd to compare listRating 3.3 / 5Start trading
Pros, cons & fees
Specialized trading accountsFree VPS hostingRead review
Pros
  • Multiple Trading Platforms: Fresh Forex offers traders the popular MetaTrader 4 and 5 platforms on desktop, web, and mobile devices.

  • Wide Range of Assets: Traders have access to a variety of assets, including forex, commodities, indices, and cryptocurrencies.

  • Competitive Spreads: Fresh Forex offers competitive spreads starting from as low as 0.1 pips for major forex pairs.

Cons
  • Limited Customer Support: Fresh Forex only offers customer support from Monday till Friday 24/5, which may be inconvenient for traders who have questions on weekends.

  • No US and Canada Clients: Fresh Forex does not accept clients from the United States, limiting its reach to traders from these regions.

  • Commission on CFD Trades: Fresh Forex charges a commission on CFD trades, which can increase trading costs.

Withdrawal fee $0Deposit fee $0
82ForexEE0.3-Pip EUR/USD SpreadMin deposit $50Max leverage 500Regulated by NoAdd to compare listRating 3.3 / 5Start trading
Pros, cons & fees
Islamic AccountMultiple Account TypesHigh LeverageRead review
Pros
  • Regulated for the safety of funds.

  • Flexible leverage up to 1: 1000 for potential profits.

  • Wide range of assets including currency pairs, metals, energies, and indices.

Cons
  • Limited educational resources for beginners.

  • The high minimum deposit for certain account types.

  • Limited trading restrictions.

Withdrawal fee $0Deposit fee $0
83AXWELMultilingual Customer ServiceMin deposit $250Max leverage 1:200Regulated by MISAAdd to compare listRating 4.1 / 5Start trading
Pros, cons & fees
Specialized trading accountsRead review
Pros
  • Multiple CFD Asset Classes Available: The broker offers tradeable assets across forex, metals, cryptocurrencies, stocks, indices, and commodities, allowing traders to diversify easily.

  • Three Clear Account Types: The broker provides Silver, Gold, and Platinum accounts, each designed for different experience levels.

  • Consistent Leverage Across Accounts: All account types offer leverage up to 1:200, giving traders flexibility regardless of their account level.

Cons
  • No MetaTrader 4/5 Available: AXWEL does not offer MetaTrader 4 or 5 trading platforms.

  • No Tier-1 Regulations: The company lacks a tier-1 regulator.

  • No Islamic Swap-Free Accounts Offered: There is no confirmed information about Islamic swap-free account options.

84GO Markets Investor protectionBonusVolume Rebate Program by GO MarketsGreat Customer ServiceMin deposit $0Max leverage 1:500Regulated by FSC, ASIC, CySEC +2Add to compare listRating 4.1 / 5Start trading
Pros, cons & fees
24/6 Multilingual SupportAffiliate ProgramTier-1 RegulationsRead review
Pros
  • Highly Regulated Broker: GO Markets is licensed by ASIC (Australia), CySEC (Cyprus), FSC (Mauritius), and FSA (Seychelles).

  • Extensive Range of Tradable Assets: The broker offers 600+ instruments, such as forex, indices, commodities, metals, cryptocurrencies, and CFDs on global stocks.

  • Multiple Trading Platforms: Unlike most brokers who merely support MT4 or MT5, GO Markets provides cTrader, TradingView, and WebTrader as well.

Cons
  • No Fixed-Spread Accounts: All accounts are variable spread, which might not suit traders who prefer the stability of fixed spreads.

  • Regional Restrictions: Clients from certain countries, including the US and Canada, cannot open accounts due to regulatory limitations.

  • No Islamic or Swap-Free Accounts: Go Markets does not offer Islamic or Swap-Free accounts unlike many popular brokerages.

85Solus FinanceBonusRefer a Friend & Earn with SolusFinance24/7 Trading CompetitionsRegulated by NoAdd to compare listRating 4.1 / 5Start trading
Pros, cons & fees
24/7 Trading CompetitionsRead review
Pros
  • Gamified Trading: Solus gamifies the complex trading experience which is great for new traders with limited complex trading knowledge.

  • Proprietary Mobile App (Android): The company has a proprietary mobile trading app available on PlayStore.

  • Multiple Online Payment Options: Traders (or players) can fund their accounts via Crypto, PayPal, Volet, and Cryptic.

Cons
  • Unclear Regulatory Framework: ITU Financial Services Inc. is registered in Delaware, US but not as a financial services provider. According to the company, they do not identify as a brokerage and therefore do not need to be regulated.

  • No Visa or Mastercard Payment Options: The company does not accept Visa or Mastercard payment options.

  • No iOS App: Solus lacks an iOS mobile app. Currently, the app is only available for Android devices and all mobile devices through mobile web.