At InvestinGoal, we adhere to strict standards to ensure an unbiased review process. We conduct our reviews by examining each broker’s offering and performance across 4 key categories. A final rating is produced for each forex broker based on a total of 187 data points. Learn more about our review process and methodology.
To compile this ranking we have taken into consideration:
- If the Trailing Stop Loss feature is available;
- In which platform the TSL is available;
- If there were specific features about the TSL.
Table of Content
Round-up
broker | trailing stop | guaranteed stop loss |
---|---|---|
eToro | Yes | No |
Pepperstone | Yes | No |
Admirals | Yes | No |
AvaTrade | Yes | No |
FXTM | Yes | No |
Plus500 | Yes | Yes |
IG Markets | Yes | Yes |
Fusion Markets | Yes | No |
XTB | Yes | No |
Axi | Yes | No |
WARNING
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money
Review
1. eToro
- Trailing stop loss is available on every version of their proprietary platform including desktop, mobile and web.
- New eToro clients can enable or disable TSL at any time by changing the position settings in the open positions screen.
- eToro is a STP broker and is also the most famous social trading platform.
- eToro requires a minimum deposit of $50 depending on your location.
- eToro spreads start from 1 pip.
Visit eToro
(79% 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)
2. Pepperstone
- The trailing stop loss feature is available on all the platforms available at Pepperstone including MT4, MT5 and cTrader.
- Pepperstone is a STP/ECN broker.
- Pepperstone doesn’t require a minimum deposit.
- Trading with Pepperstone you will find spreads from 0 pips.
Visit Pepperstone
(75.9% of retail CFD accounts lose money)
3. Admiral Markets
- Trailing stop loss is available on both MT4 and MT5 platforms provided by Admirals.
- Please note that TSL is available only via Admirals MT4 and MT5 Desktop versions.
- Admirals is a STP/ECN broker.
- Admirals’ minimum deposit is $100.
- Admirals charges very low spreads starting from 0 pips.
Visit Admirals
76% of retail CFD accounts lose money
4. AvaTrade
- Trailing stop loss is available on both AvaTrade MT4 and MT5 platforms, though only via the Desktop version.
- AvaTrade is a Market Maker broker.
- The broker has a set minimum deposit of $100.
- AvaTrade only offers fixed spreads from 0.9 pips.
Visit Avatrade
(79% of retail CFD accounts lose money)
5. FXTM
- Trailing stop is offered by FXTM for their clients on their MT4 and MT5 platforms.
- FXTM is a STP/ECN broker.
- FXTM’s minimum deposit is $10.
- Spreads start from 0 pips depending on your account type.
Visit FXTM
81% of retail CFD accounts lose money
6. Plus500
- Trailing stop loss is available on all the versions of the Plus500 proprietary platform including desktop, web, and mobile.
- Plus500 is a Market Maker broker.
- Plus500’s minimum deposit is $100.
- Spreads at Plus500 are variable and quite competitive.
Visit Plus500
(77% of retail CFD accounts lose money)
7. IG Markets
- Trailing stop loss is available on IG MT4 and ProRealTime platforms, while is not available with the L2 Dealer and Shares Dealing platforms.
- IG Markets is a Market Maker broker.
- IG requires a minimum deposit of $250 depending on your location.
- The spreads charged from IG start from 0.6 pips.
Visit IG Markets
(76% of retail investor accounts lose money)
8. Fusion Markets
- Trailing stop loss is available on both MT4 and MT5 on desktop, mobile, and web.
- In order to set a TSL, your Fusion Markets Metatrader platform will need to be open and constantly connected to the internet.
- Fusion Markets is a NDD broker.
- Fusion Markets requires a minimum deposit of $10.
- Spreads from 0 pips.
Visit Fusion Markets
Your capital is at risk
9. XTB
- Trailing stop loss is available with XStation5 platform.
- Note that the TSL order will work even if your XTB platform is not open or you log out of the platform.
- XTB is a Market Maker broker.
- No minimum deposit required by XTB.
- Low spreads from 0 pips.
Visit XTB
79% of retail CFD accounts lose money
10. Axi
- Trailing stop loss is available via every version of Axi MT4.
- Axi is an ECN/STP broker.
- No minimum deposit required.
- Axi provides spreads from 0 pips.
Visit AXI
69.6% of retail CFD accounts lose money
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