Top 10 Best Brokers for Indices in 2022

logomark Filippo Ucchino calendar Last Updated: December 2021 timer 10 min read
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As revealed in our Best Forex Brokers article, Forex investors have a plethora of trading platforms to choose from and thus offer traders an array of trading opportunities. However, not every one of them offers index trading.

In this article, we present you with a list of some of the best brokers where Forex traders can trade indices and other instruments.

Table of contents

Best Brokers for Index Trading in 2022

After a thorough examination of the major players in the Forex trading industry, here are the best brokers that supports indices trading in 2022 and beyond:

XTB is a leading name in the Forex trading industry. The reputable broker is regulated by the major players in the industry such as CySEC, KNF, FCA, IFSC, DFSA, and FSCA.

The DMA/Market Maker broker offers a 30-day demo account for new traders who wish to study the platform and understand how it works.

Don’t worry about the minimum deposit amount. XTB doesn’t place this restriction on its users. For a $0 deposit, you can access and trade any of its over 42 different indices.

XTB is well known as a broker for EU traders who use its trading platform: xStation.


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73% of retail investor accounts lose money

Pepperstone isn’t a newcomer in the industry. The leading Forex broker has been providing top-notching brokerage services for Forex traders for years. The Forex broker for indices is also regulated by CySEC, ASIC, FCA, DFSA, CMA, and SCB.

The ECN/STP broker offers unlimited demo accounts for testing the waters and learning the Forex trading ropes. The acquired knowledge will come in handy when you face the reality of trading via a Live account

With a minimum deposit of $0, you can access and trade more than 14 indices on the broker. Its list of trading platforms includes MT4, MT5, and cTrader.

Lightning-fast execution is Pepperstone’s trademark.


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74-89% of retail investor accounts lose money when trading CFDs

Some major regulators such as FCA, CySEC, SEC, and ASIC regulate the STP/NDD broker’s operations and ensure it offers industry-standard services to its clients across the globe.

eToro offers an unlimited demo account for training prospective traders and newbies who’ll be better off with some trading skills and a good knowledge of the broker’s platform before switching to the Live account where they can put their skills to good use.

The broker requires a $200 minimum deposit amount to be paid before a new client can trade properly on the platform and have access to over 13 indices.

Social trading is the hallmark of this broker trading on the proprietary trading platform.


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68% of retail investor accounts lose money

Top regulators that include ASIC, CySEC, IFSC, and DFSA ensure that the broker meets industry standard requirements.

The Market Maker broker offers an unlimited demo account, giving traders ample opportunities to be better equipped for the task ahead when they eventually start real trading on a Live account.

With a minimum deposit of $5, you are granted access to over 30 indices to choose from and trade, giving you ample opportunities to trade your preferred indices.

You can trade these indices on the broker’s MT4 and MT5 trading platforms. XM is well known for its Islamic Account and education section.


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73.57% of retail investor accounts lose money

FCA, ASIC, IIROC, MAS, NFA, and FSA are the regulators ensuring the broker’s efficiency, transparency, and compliance with standard regulations governing the Forex trading industry.

The Market Maker broker offers an unlimited demo account for proper training and a minimum deposit of $0 to access its Live account where you can choose indices of your choice and trade them with real money. This is where the skills you learned will come in handy.

As a fully integrated client, you can choose from the more than 16 indices the broker supports and trade them on its trading platforms such as MT4 and Oanda Trade Platform.


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73.50% of retail investor accounts lose money

AvaTrade, is one of the major brokers in the game. The veteran broker is regulated by the Central Bank of Ireland (CBI), ASIC, FSCA, FFAJ, FSA, and BVI.

You can enjoy 21 days of training on the Market Maker broker’s demo account and seize the opportunity to sharpen your skills or learn new ones.

With a minimum deposit of $100, a trader can switch to the live account and have access to more than 20 indices, allowing them to choose their preferred indices to trade.

Reputable for fixed spreads, AvaTrade’s trading platforms include MT4, MT5, AvaTrade GO AvaOptions, and AvaSocial.


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79% of retail investor accounts lose money

IC Markets has proven to be a force to reckon with in the Forex trading industry since it entered the game some years back.

Notable regulatory bodies such as ASIC, CySEC, and FSA see to IC Markets’ transparency and performance, ensuring that it complies with industry standards.

You can have access to a demo account that offers an unlimited time to learn the trading ropes and equip yourself with the necessary skills and knowledge that will transform your trading performance on the ECN broker’s platform.

With as little as $0, the minimum deposit amount, choose from its over 25 indices to trade on any of its trading platforms like MT4, MT5, and cTrader.


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74-89% of retail CFD accounts lose money

This Market Maker broker is regulated by SV and CySEC to ensure compliance with local and EU regulations. With a demo account, you can learn what you need to succeed on the platform before switching to the Live account where a minimum deposit of $0 opens the way to over 25 indices.

Aside from offering multi-asset investing opportunities, the broker also offers payment services through its payments account and NAGA card to ensure that the transaction process is simple and time-saving.

The broker offers several trading platforms that include MT4, MT5, NAGA Web Trader, and NAGA Mobile, offering its clients several options.


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76.69% of retail investor accounts lose money

CySEC, ASIC, and SV regulate FP Markets. As a trader, you are entitled to an unlimited demo account on the ECN/STP/DMA broker. That’s the broker’s way of preparing for actual trading when you have learned all the trading skills you need to excel in the Forex trading industry.

Access over 16 indices and choose your preferred option with a minimum deposit of $100. Specializing in stockbroking and commission-free indices, FP Market’s list of trading platforms includes MT4, MT5, and IRESS Trading. On any of these platforms, choose the indices you’re comfortable trading and put your skills to good use.


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74-89% of retail CFD accounts lose money

Axi is an ECN broker regulated by reputable regulators such as FCA, ASIC, DFSA, and SV. For 30 days, new members are allowed to learn the trading tricks that will enhance their trading skills through its demo account. Once you are done perfecting your skills, you can proceed to the Live account where you can trade your preferred indices with your money.

You don’t need a huge investment capital to start trading any indices of your choice on the broker. With a $0 minimum deposit amount, traders can access the broker’s over 30 indices and choose one to trade on its trading platforms like MT4, Axi Psyquation, and AxiOne.


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69.6% of retail investor accounts lose money

Round-up of the best broker for indices

Above are the top Forex brokers for indices and their features. These features are tabulated below for easy comparison:

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

Indices Brokers Min. Deposit Total Indices Number Asset Type
XTB $0 42 CFD
Pepperstone $0 14 CFD
eToro $200 13 CFD
XM $5 30 CFD, Futures
Oanda $0 16 CFD
AvaTrade $100 20 CFD
IC Markets $0 25 CFD, Futures
NAGA Markets $0 25 CFD, Futures
FP Markets $100 16 CFD, Futures
Axi $0 30 CFD, Futures

What is Index Trading?

Most investors are conversant with investing in a single asset. However, index allows you to speculate on a wide range of bonds, equities, commodities, or even volatility. It is one of the best ways to create a diverse investment portfolio.

If you are interested in trying low-risk trading, indices are a good option for you because the index return is the sum of the returns of the underlying constituents, not a single asset.

Popular Indices

Indices are a measure of the price performance of a group of shares from an exchange. They expose you to an entire sector or economy at once. You only need to open a single position for them.

Some popular indices are:

  • FTSE 100: This represents the UK’s hundred biggest companies by market capitalization.
  • Dow Jones: It represents the price-weighted average of 30 of the most significant stocks that are traded on the New York Stock Exchange (NYSE) and NASDAQ.
  • A&P 500: This is a representation of the prices of the 500 leading US-based companies.
  • The DAX: This is made up of 30 major German companies.

The indices listed above have the potentials for good investment opportunities for Forex traders looking for the best indices to trade. You can trade any of them on the major Forex brokers in the industry.

However, for the best trading experience and result, you’ll be better off trading on the best Forex brokers for indices.

The top 10 Forex brokers for indices you should check out are reviewed above.


About the Author

Filippo Ucchino

Co-Founder - CEO - Broker Expert
Filippo is the co-founder and CEO of InvestinGoal.com. He has 15 years of experience in the financial sector and forex in particular. He started his career as a forex trader in 2005 and then became interested in the whole fintech and crypto sector.
Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector.
With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies.

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