InvestinGoal Top Picks
  • 1.
    Rated: High
    91
    Visit Pepperstone
    74-89% of retail investor accounts lose money when trading CFDs
  • 2.
    Rated: High
    76
    Visit Vantage
    74-89% of retail CFD accounts lose money
  • 3.
    Rated: High
    88
    Visit FP Markets
    74-89% of retail CFD accounts lose money
  • 4.
    Rated: High
    80
    Visit XM
    72,82% of retail investor accounts lose money
  • 5.
    Rated: High
    80
    Visit FxPro
    72.87% of retail investor accounts lose money
  • 6.
    Rated: High
    80
    Visit EasyMarkets
    75% of retail investor accounts lose money
  • 7.
    Rated: High
    80
    Visit Interactive Brokers
    74-89% of retail CFD accounts lose money
  • 8.
    Rated: High
    82
    Visit Saxo
    65% of retail investor accounts lose money

The best Forex brokers for big accounts and high net-worth individuals (HNWIs) or institutional clients, according to our research, are:

  1. Pepperstone
  2. Vantage
  3. FP Markets
  4. XM
  5. FxPro
  6. EasyMarkets
  7. Dukascopy
  8. Interactive Brokers
  9. Swissquote
  10. Saxo

In order to choose the best brokers we have taken into consideration:

  • Tailored services for high-net-worth individuals
  • Trading features of big accounts
  • If professional accounts were available

Round-up

BROKERS DEPOSIT FEES WITHDRAWAL FEES REBATES PROGRAM
Pepperstone No No Yes
Vantage No No Yes
FP Markets No No Yes
XM No No Yes
FxPro No No No
easyMarkets No No No
Dukascopy No No No
Interactive Brokers No No No
Swissquote No No No
Saxo No No Yes

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.

What are the best forex brokers for big accounts?

Below is our discerningly curated selection and review of the best forex brokers tailored for big accounts, underscoring their paramount features and strengths.

1. Pepperstone

Pepperstone offers VIP treatment for high-volume traders. Pepperstone provides a Professional account with high leverage up to 1:500, premium rewards, and a dedicated Relationship Manager for EU and ASIC clients.

91
InvestinGoal Rating
  • Regulations:
    FCA, MIFID-ESMA, ASIC, DFSA, CYSEC, SCB (Bahamas)
  • Avg. EUR/USD Spread:
    0.09 pips
  • Platforms:
    cTrader, ZuluTrade, MT4, MT5, MAC Platforms
Minimum Deposit: $0
Demo account available
Visit Pepperstone
74-89% of retail investor accounts lose money when trading CFDs
About Pepperstone

Pepperstone is a global forex and CFD broker founded in 2010 in Melbourne, Australia. Pepperstone offers trading on currencies, commodities, indices, stocks, and cryptocurrencies through MetaTrader and cTrader platforms. Pepperstone is regulated by multiple authorities including ASIC, FCA, and CySEC. Pepperstone is known for competitive spreads, fast execution, and extensive educational resources. Pepperstone serves clients in over 160 countries worldwide. The Pepperstone CEO is Tamas Szabo.

Pepperstone Features

The features of Pepperstone are listed below.

  • Pepperstone is a great choice for high volumes traders because of the VIP treatment offered through their active trader program.
  • The active trader program is highly regarded among big traders and can lower the trading cost by as much as 15% along with rebates and other benefits.
  • Pepperstone allows a Professional account for EU and ASIC clients, where clients are able to benefit from a number of perks such as leverage as high as 1:500 on certain instruments, premium rewards, and a dedicated Relationship Manager.
  • Pepperstone also provides spreads from 0 pips and very low trading costs overall for their big clients.
Pepperstone Pros and Cons

Advantages of Pepperstone

The advantages of Pepperstone are listed below.

  • Stable raw spreads (0,09 pips on EUR/USD on average)
  • Caters for algorithmic trading
  • Has won over 30 Forex industry awards

Disadvantages of Pepperstone

The disadvantages of Pepperstone are listed below.

  • The demo account is not unlimited

2. Vantage

Pepperstone offers VIP treatment for high-volume traders. Pepperstone provides a Professional account with high leverage up to 1:500, premium rewards, and a dedicated Relationship Manager for EU and ASIC clients.

76
InvestinGoal Rating
  • Regulations:
    FCA, MIFID-ESMA, ASIC, VFSC (Vanuatu), CIMA (Cayman Islands)
  • Avg. EUR/USD Spread:
    0.00 pips
  • Platforms:
    ZuluTrade, MT4, MT5, MAC Platforms
Minimum Deposit: $200
Demo account available
Visit Vantage
74-89% of retail CFD accounts lose money
About Vantage

Vantage is a global multi-asset broker founded in 2009, offering trading on forex, CFDs, commodities, indices, shares, and cryptocurrencies. Vantage provides MetaTrader 4, MetaTrader 5, and proprietary platforms. Vantage is regulated by multiple authorities including ASIC, FCA, and CIMA. Vantage is known for fast execution, competitive spreads, and extensive educational resources. Vantage serves over 3 million registered users worldwide. The Vantage CEO is David Shayer.

Vantage Features

The features of Vantage are listed below.

  • Vantage offers a big account, which is the Vantage Pro ECN account with a minimum deposit from $20,000.
  • Vantage provides under this account more than 150 CFDs available, including 40 forex currency pairs trading, all via the MT4 and MT5 platforms.
  • The Vantage Pro ECN account charges spreads from 0 pips and a commission of $2 per lot traded and many other benefits if you do have a big account.
  • A Vantage Professional Account is also in place for EU and ASIC expert clients: they get access to higher leverage up to 500:1 and greater execution speeds.
Vantage Pros and Cons

Advantages of Vantage

The advantages of Vantage are listed below.

  • Competitive spreads and low commissions
  • Strong range of asset classes

Disadvantages of Vantage

The disadvantages of Vantage are listed below.

  • Not available to US traders
  • Customer service could be improved

3. FP Markets

FP Markets provides big accounts with access through the IRESS platform. FP Markets offers competitive trading and minimal commissions for deposits ranging from $1,000 to $50,000.

88
InvestinGoal Rating
  • Regulations:
    MIFID-ESMA, ASIC, FSCA, CYSEC
  • Avg. EUR/USD Spread:
    0.09 pips
  • Platforms:
    MT4, MT5, Proprietary Platform, MAC Platforms
Minimum Deposit: $100
Unlimited demo account available
Visit FP Markets
74-89% of retail CFD accounts lose money
About FP Markets

FP Markets is an Australian-based global forex and CFD broker founded in 2005. FP Markets offers trading on over 10,000 instruments including forex, stocks, indices, commodities, and cryptocurrencies. FP Markets provides MetaTrader 4, MetaTrader 5, and proprietary platforms. FP Markets is regulated by multiple authorities including ASIC, CySEC, and FSA. FP Markets is known for tight spreads, fast execution, and extensive educational resources. The FP Markets CEO is Craig Allison.

FP Markets Features

The features of FP Markets are listed below.

  • If you are interested in trading under FP Markets with big accounts, these are available with their IRESS platform.
  • The minimum deposits requested go from $1,000 to $50,000.
  • Through these accounts, you will be facilitated to trade a range of assets including 10.000+ stock CFDs and high-level trading tools.
  • Competitive trading and minimal commissions are kept throughout all the trading activities.
FP Markets Pros and Cons

Advantages of FP Markets

The advantages of FP Markets are listed below.

  • Broad Instrument Offering
  • Competitive Spreads
  • Multiple Trading Platforms

Disadvantages of FP Markets

The disadvantages of FP Markets are listed below.

  • High Fees for International Withdrawals
  • Outdated Platform Design

4. XM

XM provides a shares account with a $10,000 minimum deposit for big traders. XM restricts this account to FSC clients and offers 1150+ CFD shares assets.

80
InvestinGoal Rating
  • Regulations:
    MIFID-ESMA, ASIC, CYSEC, Offshore
  • Avg. EUR/USD Spread:
    0.1 pips
  • Platforms:
    MT4, MT5, MAC Platforms
Minimum Deposit: $5
Demo account available
Visit XM
72,82% of retail investor accounts lose money
About XM

XM is a global forex and CFD broker founded in 2009, offering trading on currencies, commodities, indices, stocks, and cryptocurrencies. XM provides MetaTrader 4, MetaTrader 5, and proprietary platforms. XM is regulated by multiple authorities including CySEC, ASIC, and IFSC. XM is known for competitive spreads, extensive educational resources, and multilingual customer support. XM serves over 5 million clients from 196 countries. XM offers various account types and a no-requote policy.

XM Features

The features of XM are listed below.

  • When it comes to big account trading, the biggest offered by XM is their shares account.
  • The XM shares account comes with a $10,000 minimum deposit.
  • As the name suggests, the offer of this XM account consists of 1150+ CFD shares assetswith commissions from $1 (US Shares) up to $9 (UK Shares).
  • XM Shares account does not allow fractional shares.
  • Remember that the availability here depends on your location. Only FSC clients can access this account and share trading.
XM Pros and Cons

Advantages of XM

The advantages of XM are listed below.

  • There’s a wide range of account types
  • The demo account at XM is unlimited
  • Wide range of educational resources

Disadvantages of XM

The disadvantages of XM are listed below.

  • No social trading features available
  • The account availability changes depending on the location of the trader
  • High minimum deposit to invest in securities ($10000 for the XM Shares account)

5. FxPro

FxPro offers a VIP Premium Account for clients depositing $30,000 or more. FxPro provides a dedicated account manager, free VPS, and reduced spreads as benefits.

80
InvestinGoal Rating
  • Regulations:
    FCA, MIFID-ESMA, CYSEC, EDR, SCB (Bahamas)
  • Avg. EUR/USD Spread:
    0.45 pips
  • Platforms:
    cTrader, MT4, MT5, MAC Platforms
Minimum Deposit: $100
Unlimited demo account available
Visit FxPro
72.87% of retail investor accounts lose money
About FxPro

FxPro is a global online broker founded in 2006, offering trading on forex, CFDs, stocks, indices, commodities, and cryptocurrencies. FxPro provides multiple trading platforms including MetaTrader 4, MetaTrader 5, cTrader, and its proprietary FxPro Platform. FxPro is regulated by multiple authorities including FCA, CySEC, SCB, FSC and KNN. FxPro serves clients in over 170 countries and has won numerous industry awards. The FxPro CEO is Charalambos Psimolophitis.

FxPro Features

The features of FxPro are listed below.

  • Traders who are interested in opening a large account can look into FxPro’s VIP Premium Account.
  • Only FxPro traders who deposit $30,000+ in 2 months are eligible for the service.
  • This account type provided by FxPro offers traders a dedicated account managerno deposit or withdrawal feesfree VPSdiscount on spreads, and daily market analysis.
  • Moreover, the FxPro VIP account allows a 30% commission on cTrader accounts.
FxPro Pros and Cons

Advantages of FxPro

The advantages of FxPro are listed below.

  • Regulated and Trusted Forex broker
  • Diverse Trading Platforms
  • Wide Range of Instruments

Disadvantages of FxPro

The disadvantages of FxPro are listed below.

  • Inactivity Fee
  • Limited Educational Resources
  • No Guaranteed Stop-Loss Orders

6. EasyMarkets

FxPro offers a VIP Premium Account for clients depositing $30,000 or more. FxPro provides a dedicated account manager, free VPS, and reduced spreads as benefits.

80
InvestinGoal Rating
  • Regulations:
    MIFID-ESMA, ASIC, CYSEC
  • Avg. EUR/USD Spread:
    1.0 pips
  • Platforms:
    Proprietary Platform
Visit EasyMarkets
75% of retail investor accounts lose money
About EasyMarkets

EasyMarkets is a global forex and CFD broker founded in 2001, offering trading on currencies, commodities, indices, cryptocurrencies, and stocks. EasyMarkets provides proprietary web and mobile platforms alongside MetaTrader 4 and 5. EasyMarkets is regulated by multiple authorities including CySEC and ASIC. EasyMarkets is known for innovative features like dealCancellation and fixed spreads. EasyMarkets serves clients worldwide and has received numerous industry awards. The EasyMarkets CEO is Nikos Antoniades.

EasyMarkets Features

The features of EasyMarkets are listed below.

  • easyMarkets offers the VIP account for big account traders, which can be opened with a $10,000 minimum deposit.
  • Under this account, big clients will receive a host of benefits. These include access to your own personal market analyst, tighter spreads, and lower costs.
  • As an Easymarkets trader, you can also increase the level of your account at any time by holding a balance of more than $10,000 to become a VIP.
  • Note that also Professional accounts are available for easyMarkets EU clients. If conditions are met, clients have access to MT4, MT5 and webtrader platforms with higher leverage, no slippagefree guaranteed stop loss, and negative balance protection still in place.
EasyMarkets Pros and Cons

Advantages of EasyMarkets

The advantages of EasyMarkets are listed below.

  • Innovative Risk Management Tools
  • User-Friendly Platform
  • Regulatory Trust

Disadvantages of EasyMarkets

The disadvantages of EasyMarkets are listed below.

  • Limited Tradeable Symbols
  • Higher Spreads on Some Accounts
  • Outdated User Experience

7. Dukascopy

Dukascopy provides accounts requiring deposits from $100 to $100,000. Dukascopy offers bank guarantees, SWFX technology, and spreads from 0.1 pips.

90
InvestinGoal Rating
  • Regulations:
    FSA, FINMA, FCA, MIFID-ESMA
  • Avg. EUR/USD Spread:
    0.29 pips
  • Platforms:
    Mirror Trader, Proprietary Platform
Minimum Deposit: $100
Demo account available
Visit Dukascopy
83% of retail CFD accounts lose money
About Dukascopy

Dukascopy is a Swiss online bank founded in 2004, offering forex, CFD, and options trading through its proprietary platform, aling with standard banking services such as e-banking and credit cards. Dukascopy is regulated by FINMA, Dukascopy emphasizes advanced technology and competitive trading conditions. Dukascopy CEOs are Dr. Andre Duka and Veronika Duka, who are the founding shareholders.

Dukascopy Features

The features of Dukascopy are listed below.

  • Dukascopy is another good choice for big traders, since the accounts offered range in terms of the minimum deposit needed from $100, through to $1,000, and up to $100,000 on the biggest accounts.
  • The more Dukascopy big traders deposit, the more perks they can get, including bank guarantees and SWFX technology.
  • The Dukascopy cost of trading here is also very appealing to all types of traders, starting out with a spread from just 0.1 pips for the very best value.
Dukascopy Pros and Cons

Advantages of Dukascopy

The advantages of Dukascopy are listed below.

  • Regulated Security
  • Competitive Trading Conditions
  • Diverse Asset Range

Disadvantages of Dukascopy

The disadvantages of Dukascopy are listed below.

  • Limited Educational Resources
  • Withdrawal Fees
  • Inactivity Fees

8. Interactive Brokers

Interactive Brokers offers IBKR Pro accounts with no minimum deposit and low fees for large accounts. Interactive Brokers provides 105 forex pairs with a low spread starting at 1 pips.

80
InvestinGoal Rating
  • Regulations:
    MAS, FCA, CFTC, MIFID-ESMA, ASIC, CIRO, SEC, CYSEC
  • Avg. EUR/USD Spread:
    0.2 pips
  • Platforms:
    Proprietary Platform, MAC Platforms
Minimum Deposit: $0
Demo account available
Visit Interactive Brokers
74-89% of retail CFD accounts lose money
About Interactive Brokers

Interactive Brokers is a global electronic broker founded in 1978, offering trading in stocks, options, futures, forex, bonds, ETFs, and cryptocurrencies across 150 markets in 33 countries. Interactive Brokers provides advanced trading platforms, low commissions, and access to a wide range of financial instruments. Interactive Brokers is known for its sophisticated technology and serves both retail and institutional clients. Interactive Brokers is regulated by multiple top-tier authorities worldwide. The CEO of the Interactive Brokers Group is Milan Galik.

Interactive Brokers Features

The features of Interactive Brokers are listed below.

  • Big traders with Interactive Brokers can choose between two excellent account types that are both made available with no minimum deposit in place and very low fees.
  • These are the IBKR Pro, and IBKR Lite accounts, with the Pro account being very well-suited to big traders.
  • They have 105 forex pairs with a very low spread starting at 1 pips and other trading costs that are kept as low as possible and can also reduce based on the size of your account opening.
  • IBKR Professional accounts can also be opened under the EU entity. When conditions are met, clients can benefit from higher leverage and more.
Interactive Brokers Pros and Cons

Advantages of Interactive Brokers

The advantages of Interactive Brokers are listed below.

  • Low Trading Fees
  • Advanced Trading Tools
  • Wide Market Access

Disadvantages of Interactive Brokers

The disadvantages of Interactive Brokers are listed below.

  • Not user-friendly
  • No MetaTrader Support
  • Additional Fees

9. Swissquote

Swissquote offers Premium, Prime, and Elite accounts for big traders with deposits from $1,000 to $10,000. Swissquote provides over 130 forex and CFD assets with reduced costs for higher deposits.

90
InvestinGoal Rating
  • Regulations:
    MAS, FINMA, FCA, MIFID-ESMA, SFC, DFSA, CYSEC
  • Avg. EUR/USD Spread:
    1.0 pips
  • Platforms:
    ZuluTrade, MT4, MT5, Proprietary Platform, MAC Platforms
Minimum Deposit: $1000
Demo account available
Visit Swissquote
79% of retail investor accounts lose money
About Swissquote

Swissquote is a Swiss online banking and trading company founded in 1996. Swissquote offers trading on forex, stocks, CFDs, cryptocurrencies, and other financial instruments. Swissquote provides various trading platforms including MetaTrader and a proprietary platform. Swissquote is regulated by multiple authorities including FINMA and FCA. Swissquote serves over 500,000 clients worldwide and is listed on the SIX Swiss Exchange. The Swissquote CEO is Marc Bürki.

Swissquote Features

The features of Swissquote are listed below.

  • SwissQuote offers 3 accounts for big traders: PremiumPrime, and Elite.
  • The minimum deposit is $1,000, $5,000, and $10,000 for the Premium, Prime, and Elite accounts respectively.
  • All accounts provide more than 130 forex and CFD assets as well as securing reduced trading costs the higher your deposit is.
  • professional account with the same 10.000$ is in place under the EU entity and clients can look forward to even more great benefits.Once eligible, higher leverage up to 400:1 and competitive pricing from 0 pips can be used.
Swissquote Pros and Cons

Advantages of Swissquote

The advantages of Swissquote are listed below.

  • Regulated and Trusted
  • Comprehensive Product Range
  • Advanced Trading Platforms

Disadvantages of Swissquote

The disadvantages of Swissquote are listed below.

  • High trading Fees
  • Complex Pricing Structure
  • Steep Minimum Deposit Requirement

10. Saxo

Saxo offers account types for big traders: Platinum and VIP accounts require minimum deposits of $200,000 and $1,000,000, respectively. Saxo provides 60,000+ assets and spreads from 0.4 pips for VIP accounts.

82
InvestinGoal Rating
  • Regulations:
    FSA, MAS, FINMA, FCA, MIFID-ESMA, ASIC, SFC, FSCA, DFSA, CYSEC
  • Avg. EUR/USD Spread:
    0.6 pips
  • Platforms:
    Proprietary Platform, MAC Platforms
Minimum Deposit: $0
Demo account available
Visit Saxo
65% of retail investor accounts lose money
About Saxo

Saxo is a Danish investment bank and online trading platform founded in 1992. Saxo offers trading in forex, stocks, CFDs, futures, options, and other financial instruments across global markets. Saxo provides proprietary trading platforms and white-label solutions for institutional clients. Saxo is regulated by multiple authorities including the Danish FSA and UK FCA. Saxo serves retail and institutional clients in over 170 countries. The Saxo CEO and co-founder is Kim Fournais.

Saxo Features

The features of Saxo are listed below.

  • Saxo is ideal for big traders, which will find 3 account types designed for them.
  • Classic account for normal retail traders with no minimum deposit; Platinum account with a $200,000 minimum deposit; VIP account which requires a minimum of $1,000,000 funding.
  • All of those accounts have several benefits, with the VIP account presenting the biggest number of perks including a personal manager and low prices.
  • They provide 60,000+ assets including bonds, mutual funds, and over 185 forex pairs with a spread from 0.4 pips.
  • Saxo provides Professional accounts as well for EU clients who meet their conditions. These include higher leverage up to 66:1 and the management of the ICF Compensation Fund.
Saxo Pros and Cons

Advantages of Saxo

The advantages of Saxo are listed below.

  • Regulation and Trust
  • Extensive Product Range
  • Advanced Trading Platform

Disadvantages of Saxo

The disadvantages of Saxo are listed below.

  • High Minimum Deposits for Premium Accounts
  • Lack of Spread Betting Options
  • Custody Fees in Certain Regions

What is a Big Account?

When we talk about a “big account” in fact there is no absolute definition on this in terms of how much the amounts should be, though when trading forex, it is generally accepted that a big account, or large account, is one which features a minimum deposit that is substantially higher than average.

This average for the sector is usually between $0-$1000 with the most common being around $100 -$200. Beyond this level, you may well be getting into big account territory.

It is another ball game again if you are an institutional or professional trader (as classified by ESMA regulation). In these cases, you may receive many additional benefits though minimum deposits here running as high as $500,000 for this tier of professional trader is not uncommon.

How to choose a forex broker for big accounts

Choosing a forex broker for sizable accounts demands particular attention to certain factors to ensure the safety and efficiency of trades. Here’s a guide to making an informed choice:

Regulation: The foremost consideration when selecting a broker for big accounts is the regulatory environment they operate within. It’s paramount to protect your substantial investments by ensuring that the forex broker is regulated by a credible authority. Opt for brokers overseen by the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC) in Australia, or a reputable European body certified by the European Securities and Markets Authority (ESMA), such as the Cyprus Securities and Exchange Commission (CySEC). Regulatory oversight not only guarantees that the broker adheres to a certain standard of ethical practices but also provides a safety net in case of disputes or insolvencies.

Withdrawal and Deposit Fees: Managing a large account means more substantial deposits and withdrawals, which brings fees into sharp focus. The costs associated with transferring substantial amounts can be significant, especially if a broker charges a percentage-based fee. As the volume of transactions increase, the costs can escalate proportionally with percentage-based charges. Hence, it’s essential to look for brokers that offer fixed fees for deposits and withdrawals. This ensures clarity on transaction costs, regardless of the volume, and can result in significant savings in the long run.

In conclusion, when maneuvering the complex world of forex with a large account, prioritizing regulation and understanding fee structures are crucial steps. These ensure that not only is your investment safe, but you also get the best value for every transaction you undertake.