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Best Forex Brokers in Ireland

The Central Bank of Ireland has a strong oversight and requires CFD traders to be authorized by the country’s regulatory body. Further, the regulation requires brokers to be compliant with MiFID II Directive and ESMA. We compared factors like support, regulations, tradable instruments, and overall quality of service to create this list of top 10 forex brokers in Ireland.

Order by
31FXCMBonusReferral Program by FXCMRegulated by FCA and ASICRegulated by ASIC, CySEC, CIRO +1Add to compare listRating 4.3 / 5Start trading
Pros, cons & fees
Read review
Pros

  • Regulated by Top-Tier Authorities

  • User-Friendly Proprietary Platform

  • Competitive Spreads for Active Traders

Cons

  • Limited Product Portfolio

  • High Bank Withdrawal Fees

  • No Two-Step Authentication on Trading Platforms

32Switch MarketsBonus100% Credit Bonus by Switch MarketsAutomated Trading StrategiesMin deposit $50Max leverage 1:1000Regulated by VFSC, FSA (SV), ASIC +1Add to compare listRating 4.3 / 5Start trading
Pros, cons & fees
Free VPS hosting24/7 Customer Support100% Credit BonusFree AlgoBuilderFree EA ToolsRead review
Pros

  • Wide Range of Tradable CFDs: Switch Markets offers over 1,000 tradable assets across six markets like forex, commodities, shares, ETFs, cryptos, and indices.

  • Advanced Free Trading Tools: Switch Markets provides clients with a variety of free trading tools, including a VPS, PineConnector, AlgoBuilder (an AI trading tool that enables traders to automate their trading without coding skills), and TrackATrader to enhance their trading experience.

  • Islamic Swap-Free Trading Account is Available: Switch Markets offers an Islamic (swap-free) account, enabling traders to hold positions overnight without paying swap fees.

Cons

  • No Rebate Program: Switch Markets does not offer a rebate program for active traders who trade high volumes, but by becoming a VIP, there is an option for lower commissions.

  • No Phone Support: Phone support is not available 24/7, but there is an option to book a callback.

Withdrawal fee $0Deposit fee $0
33CMC Markets Investor protectionBonusRefer a Friend Program by CMC MarketsBoth Long-Term and Short-Term Assets AvailableMin deposit $0Max leverage 1:30 Regulated by FCA, ASIC, BaFIN +4Add to compare listRating 4.3 / 5Start trading
Pros, cons & fees
Long-Term Tradable AssetsExtensive Range of CFDsRead review
Pros

  • Extensive Range of Tradable Assets: CMC Markets offers access to more than 12,000 financial instruments, including forex pairs, stocks, commodities, indices, cryptocurrencies, and ETFs.

  • Advanced Trading Platforms: Traders can access markets through the Next Generation web platform, mobile trading apps, and support for MetaTrader 4 & 5 and TradingView.

  • Strong Regulatory Oversight: CMC Markets is highly regulated globally by several top-tier financial authorities like the Monetary Authority of Singapore (MAS) and UK’s FCA.

Cons

  • 24/5 Customer Support: CMC Markets offers 24/5 customer support instead of 24/7 support.

  • Leverage Restrictions in Some Regions: Due to regulations, allowed leverage is lower in certain jurisdictions such as the United Kingdom and Europe.

  • MetaTrader 5 is Not Available in All Regions: MetaTrader 5 is not available in all regions. The availability of the platform should be checked prior signing up.

Withdrawal fee $0Deposit fee $0
34DuraMarketsBonus250% Deposit Bonus by DuraMarkets250% Deposit BonusMin deposit $10Max leverage 1:500Regulated by MISAAdd to compare listRating 4.3 / 5Start trading
Pros, cons & fees
24/5 Customer SupportRead review
Pros

  • Low Barrier to Entry: Traders can start trading with a very low minimum deposit of $10, making the broker accessible to many new traders.

  • MetaTrader 4 & 5 Trading Platforms: DuraMarkets offers access to both MetaTrader 4 & 5 trading platforms.

  • Swap-Free Islamic Account Option: The company offers a dedicated swap-free trading account for traders who want to avoid overnight swap fees.

Cons

  •  

  • Lack of Tier 1 Regulators: DuraMarkets lacks the oversight of a Tier-1 regulator like ASIC, CySEC, NFA, or FCA.

  • Crypto-Only Payments: The broker exclusively accepts cryptocurrency for deposits and withdrawals, which may be inconvenient for traders who prefer traditional payment methods.

Withdrawal fee $0Deposit fee $0
35EasyMarketsBonusRefer a Friend Reward by EasyMarketsBest For Active TradersRegulated by ASIC, FSC (BVI), CySEC +1Add to compare listRating 4.3 / 5Start trading
Pros, cons & fees
Specialized trading accountsRead review
Pros

  • Offers risk management tools

  • Provides a wide range of unique trading instruments

  • Provides a user-friendly platform

Cons

  • Limited customer support

  • Limited clientele's access to research and educational resources

36SpreadEX15,000 Tradable InstrumentsMin deposit $0Max leverage 1:30Regulated by FCAAdd to compare listRating 4.3 / 5Start trading
Pros, cons & fees
No minimum depositNo inactivity feeFinancial Times SubscriptionWebTrader PlatformTrading EducationRead review
Pros

  • No minimum deposit

  • No inactivity fees

  • 15000 tradable instruments

Cons

  • No MetaTrader Support

  • Limited availability

Withdrawal fee $0Deposit fee $0
37FxGiantsBonusUp to $4,000 Booster Bonus by FXGiantsBest For Auto TradingRegulated by FCAAdd to compare listRating 4.3 / 5Start trading
Pros, cons & fees
Specialized trading accountsFree VPS hosting24/7 instant money withdrawalRead review
Pros

  • Strong Regulation: FXGiants is distinguished by its strong regulation under the UK's Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC) in Australia. This regulatory oversight ensures that FXGiants adheres to strict financial standards and provides clients with high security and trust.

  • Diverse Range of Instruments: With FXGiants, traders gain access to a diverse range of instruments, including forex currency pairs, indices, stocks, energies, metals, bonds, commodities, cryptocurrencies, and shares.

  • Competitive Spreads: FXGiants offers competitive spreads, providing traders with favorable pricing conditions. These lower spreads can reduce trading costs, maximizing potential client profitability.

Cons

  • Doesn't Allow Hedging: Traders are not permitted to open opposing positions on the same instrument. While this restriction may not align with specific trading strategies that rely on hedging for risk management, alternative risk management approaches can be explored.

  • Limited Regional Availability: This restricted regional availability could be a drawback for traders who reside in those areas but wish to trade with FXGiants. Traders should ensure that their country of residence is eligible for opening an account with FXGiants before considering them as their preferred broker.

  • Inactivity Fees: FXGiants impose inactivity fees on dormant accounts. Traders who do not actively engage in trading may incur these fees, which could be a disadvantage for those who prefer a more passive trading approach. Traders need to be mindful of these fees and actively manage their accounts to avoid inactivity charges.

38SAXOBonusReferral Reward by SaxoBest For Experienced InvestorsMin deposit NoMax leverage 1:100Regulated by ASIC, FCA, DFSA +10Add to compare listRating 4.3 / 5Start trading
Pros, cons & fees
Best for Advanced TraderProprietary trading platformMultiple regulationsWide range of trading InstrumentsRead review
Pros

  • SAXO is regulated by various licensing bodies globally, with licenses in six tier-1 jurisdictions.

  • Access over 60,000 instruments, including crypto derivatives, micro-futures, and forex options.

  • SaxoTraderGo is equipped with all the necessary tools traders might need.

Cons

  • SAXO is regulated by various licensing bodies globally, with licenses in six tier-1 jurisdictions.

  • Access over 60,000 instruments, including crypto derivatives, micro-futures, and forex options.

  • SaxoTraderGo is equipped with all the necessary tools traders might need.

Withdrawal fee NoDeposit fee No
39ACY.comBonusSpin & Win Promotion by ACYBest Multi Asset CFD BrokerMin deposit 50$Max leverage 1:500Regulated by ASIC, FSA (SV)Add to compare listRating 4.2 / 5Start trading
Pros, cons & fees
Specialized trading accounts24/7 instant money withdrawalRead review
Pros

  • Multiregulated Broker: ACY operates under multiple regulatory jurisdictions, including ASIC, FSA (SV), Jordan Regulation, SVG, and FSCA.

  • Extensive Tradable Assets: ACY offers a vast selection of over 1,600 tradable products, allowing traders to diversify their portfolios.

  • Customer Support and Trader Education: ACY provides an extensive training portal, offering educational resources and support for traders at all levels of experience.

Cons

  • Commission-Based Trading Fees: The commission is only applicable to the ProZero account, which offers very low spreads. The commission is $3 per lot per round, with no additional trading fees during trading.

  • Slightly High Spreads on Standard Account: While ACY's standard account spreads are slightly higher than the industry average, the ProZero account offers lower spreads.

Withdrawal fee $0Deposit fee $0
40FP Trading Investor protectionFree VPS HostingMin deposit $50Max leverage 1:500Regulated by ASIC, CySEC, FIU +2Add to compare listRating 4.1 / 5Start trading
Pros, cons & fees
Free VPS hostingSpecialized trading accountsRead review
Pros

  • Excellent customer support with 24/7 availability

  • Competitive spreads and fast execution speeds

  • Comprehensive educational resources including webinars and video tutorials

Cons

  • Limited range of tradable assets compared to some competitors

  • Higher minimum deposit for certain account types

  • No proprietary mobile app (relies on MT4/cTrader mobile)

Withdrawal fee $0Deposit fee $0

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Our ranking methodology and selection process