Trading forex in the Netherlands means operating under a strong European regulatory framework, but not every broker that accepts Dutch clients offers the same level of compliance, pricing transparency, or local support. To identify the best forex brokers in the Netherlands, we focused on firms that combine strict regulatory oversight with competitive trading conditions and a localized experience.
We verified that each broker is authorized to provide investment services in the Netherlands and complies with the Dutch AFM’s requirements under ESMA’s MiFID II Directive. From there, we examined available payment methods, ensuring smooth transactions in EUR, and opened live trading accounts to test live spreads and compare them against the industry average.
To assess the overall trading environment, we reviewed the range of tradable instruments, tested platforms in live conditions for usability and feature depth, and checked for localized resources, including Dutch-language websites, customer support, and physical presence where applicable.
*79% of retail CFD accounts lose money.
Using FXEmpire’s comprehensive methodology, our team of experts has identified the best forex brokers in Indonesia for this year.
Now let’s explore the selected brokers.
Established in 2008, Plus500 is globally regulated by authorities including CySEC, FCA, ASIC, FSCA, MAS, and FMA. The company is also listed on the London Stock Exchange. Its proprietary web trading platform is user-friendly, offering a robust selection of drawing tools and indicators, along with the +Insights Analytical Tool.
Key Features for Dutch Traders:
One of the standout features I found with Plus500 is the vast range of markets accessible via its proprietary web trading platform. Among the 2,800 leveraged financial CFD instruments, 300 forex pairs, indices, and share CFDs are priced in euros. This selection includes 21 share CFDs from the Euronext Amsterdam exchange that can be traded with zero commission.
The platform itself is user-friendly, offering over 100 technical trading indicators and various chart types, such as bars, candlesticks, renko, and range bars. The +Insights Analytical Tool reveals trader sentiment data, showing the percentage of the broker’s client base that is either long or short on a given instrument. Our live fee test found that the EUR/USD spread averaged 0.8 pips during peak trading hours in London and New York, outperforming the industry average of 1.0 pips for a commission-free account.
FxPro is a London-based financial derivatives broker established in 1999. Since then, it has been dominating the global trading industry thanks to its adherence to trading excellence. FxPro impresses with its ultra-fast order execution speeds of around 12 milliseconds, a wide selection of tradable instruments, and a top-notch trading platform.
Key Features for Dutch Traders:
I tested the FxPro Platform, which is available for web trading, and found it extremely versatile and user-friendly. I counted over 50 technical indicators and drawing tools, 15 timeframes, and 6 chart types. Its charts are easily scalable, and price action can be examined in great detail. The FxPro Platform also supports trading from the chart, one-click trading, and setting trading alerts, making it an equally good choice for different kinds of traders.
FxPro keeps things smooth by offering 2,100 tradable instruments across currency pairs, commodities, share CFDs, indices, cryptocurrencies, futures contracts, and ETFs. More than 380 of those are denominated in EUR, benefiting Dutch traders who can avoid paying conversion fees. FxPro also caters to the needs of local traders by offering 1 index and 45 share CFDs of Dutch companies.
IronFX is a multi-regulated forex and CFD broker founded in 2010 and headquartered in Cyprus. It offers over 500 tradable instruments from all major asset classes and incorporates MetaTrader 4, which is renowned for its easy learning curve.
Key Features for Dutch Traders:
IronFX’s clients can benefit from 30 technical indicators, 23 drawing tools, and other chart configurations available on MT4. I consider its design to be somewhat rugged and outdated, but on the other hand, it accommodates basic technical analysis and easy order execution.
What makes IronFX such a great choice for trading on the most famous retail platform in the industry is its diverse offering of account types and research content. IronFX provides 7 retail account types. Some afford floating spreads and zero commissions, while others afford raw spreads and fixed commissions. This diversity caters to the needs of different types of traders.
IronFX’s comprehensive research content offering provides traders with a nuanced picture of currently developing market trends and trading opportunities. I performed my tests on a No Commission trading account with IronFX, featuring commission-free trading and floating spreads starting from 0.9 pips. This combination falls below the industry average. I also found it suitable for high-frequency trading.
Founded in 2006, AvaTrade is an excellent choice for beginner traders. Regulated by multiple authorities, including the CBI, ASIC, CySEC, FSCA, FSA Japan, FSC BVI, ISA, and the FSRA, the broker provides a comprehensive suite of educational resources. These include trading courses, articles, and videos from the AvaTrade Academy.
Key Features for Dutch Traders:
One standout feature of AvaTrade is its Academy section, which offers a wide array of trading courses tailored for both beginner and advanced traders. These courses cover forex, stocks, commodities, indices, cryptos, ETFs, and bonds, as well as platform tutorials. The courses vary in length from 15 to 205 minutes and are well worth your time.
While AvaTrade provides access to a range of top-notch trading platforms, beginner traders may consider starting with AvaTrade’s own Web Trader platform. I found it to be easy-to-use and rich in features. It offers over 1,250 tradable instruments with search options to view the most falling, most rising, most sold, and most bought assets. Beginners may also appreciate the AvaProtect feature, which covers the cost of losing trades in exchange for an upfront premium, serving as a form of hedge.
Our live fee test revealed that the average spread for EUR/USD during peak trading hours in London and New York was 0.9 pips, outperforming the industry average of 1.0 pips for a commission-free account.
IG was founded in 1974 and is regulated by multiple authorities, including the FCA, BaFin, FINMA, DFSA, FSCA, MAS, FMA, FSA, and CFTC/NFA. Offering a vast selection of over 16,000 tradable instruments through CFDs, Barrier Options, Vanilla Options, and Turbo24s, the broker also provides professional clients with higher leverage options and Direct Market Access trading.
Key Features for Dutch Traders:
IG provides an excellent offering for professional traders. There are more than 13,000+ tradable instruments covering 100+ forex pairs across majors, minors, exotics, and emerging markets. Additionally, IG provides access to more than 16,000 international shares, covering key markets in Europe — including the Netherlands — as well as North America, Africa, and Asia.
I found that IG also provides accessto unique markets beyond the usual CFDs and options, such as Turbos. In fact, IG is the world’s first provider of 24-hour listed turbo certificates, which can be traded 24/5 and with zero commission. Turbos allow you to speculate on derivatives with all costs integrated into the turbo price, offering a variety of knockout levels to choose from.
For traders categorized as professionals, Direct Market Access is available through IG’s L2 Dealer platform—the same platform used by IG’s own dealers. This provides pricing directly from IG’s liquidity providers and stock exchanges. Our live fee test for the standard IG account showed that the spread for EUR/USD during peak hours in the London and New York sessions was 0.75 pips, which is better than the industry average of 1.0 pips for a commission-free trading account.
Here is a quick guide on how to choose the best forex broker in the Netherlands.
Trading with a broker under the supervision of an independent financial authority ensures the broker adheres to strict regulations that govern the safety and security of your capital. Unfortunately, an increasing number of offshore brokers offer little to no regulatory protection, with some operating completely unregulated.
Based on my extensive trading experience, I strongly recommend avoiding unregulated brokers. Trading with such entities could leave you without any means of recovering your funds if they decide to steal them.
However, even if a broker is regulated, not all financial regulators are equal. In our broker rating reviews, we classify regulators into three tiers:
For residents in the Netherlands, opting for a broker authorized and licensed by a Tier-1 regulator is essential. Most Tier-1 regulators, such as the UK FCA, CySEC, BaFin, IIROC, ASIC, and others, have aligned themselves with the European Securities Market Authority (ESMA) and its Markets in Financial Instruments Directive II (MiFID II).
The Dutch AFM has also provided legal frameworks to ensure brokers based in the Netherlands adhere to MiFID II. This directive legally binds brokers to:
To verify your broker’s regulatory status and authorizations, review the broker’s legal terms and conditions and consult the regulator’s online register.
Read more about best regulated forex brokers in our comprehensive guide.
A broker’s trading and non-trading fees for their services can have a huge impact on your overall profitability. Below are a few fees to take into consideration when choosing a broker:
To check the broker’s fees, view the fees section on their website, check the legal terms and conditions, and speak to customer support. If finding the information is difficult, or it is not clear and transparent, then consider that to be a red flag, as maybe they are trying to hide something.
The retail trading brokerage sector is now more competitive than ever before. Therefore, many brokers will now offer a wide range of account types to appeal to as many different types of traders as possible.
Each account type may vary in the minimum deposit required and additional services provided. However, one of the major differences will be the trading fees. Some accounts may be commission-free, and some commission-based.
Read more about Best STP forex accounts and Best ECN forex accounts.
Which account type is best? Short-term traders who prioritize precise trade execution levels may prefer a commission-based account with low spreads. Beginner traders might lean toward a commission-free account, as most costs are built into the spread, simplifying risk management calculations.
Leverage has played a pivotal role in the growth of the forex and CFD trading sector. So what is it? Leverage allows traders to control a larger position with a relatively small deposit, amplifying the potential gains and losses.
For instance, consider a scenario where a broker offers a 1:30 leverage ratio. This allows you to control a position worth €30,000 with a mere €1,000 in your trading account. In essence, you can initiate a trade that is 30 times larger than your initial deposit.
It’s crucial to be cautious when dealing with certain offshore and unregulated brokers who may offer exceptionally high leverage ratios, sometimes reaching up to 1:3000. While high leverage can amplify your profits, it also magnifies your losses. This is because your profit and loss are calculated on the total trade value, not just the margin you’ve committed. If your account lacks sufficient margin to manage this larger position size, you could face a margin call, leading your broker to automatically close your trades.
For traders seeking high-leverage options, FX Empire offers a list of the best forex brokers with high leverage, carefully selected to suit specialized trading needs.
Tier-1 regulators such as the UK FCA, CySEC, IIROC, and ASIC, all of which are aligned with ESMA’s MiFID II framework, typically offer a maximum leverage of 1:30 for retail traders to ensure a safer trading environment.
A trading platform serves as your portal to the global market, offering access to real-time price data and enabling the transmission of trading orders to your broker. When selecting a platform, consider the following factors:
Some of the most commonly used trading platforms include:
Check out our dedicated guides on best MT4 brokers and best MT5 brokers.
Throughout my 15 years of trading experience, my preference has always leaned towards brokers offering multi-device accessible platforms. This feature provides the flexibility to access my trading account via desktop, laptop, or mobile devices as needed.
Additionally, it’s worth noting that many brokers offer demo trading accounts, which is an excellent way to test different platforms across various devices and identify the one that suits you best. You can also check out our dedicated guide on best forex trading platforms.
Here are some things to avoid when choosing a forex broker in the Netherlands:
Unfortunately, there are many forex and CFD scams targeting traders in the Netherlands. To safeguard yourself, consider these guidelines:
And if you are still uncertain, you can always check out our database of reviews to find the most reliable brokers.
The team of forex and CFD writers and editors at FXEmpire is composed of trading industry professionals and seasoned financial journalists. Our writers have been published on leading financial websites such as Investopedia and Forbes. In addition, they all have extensive trading experience.
Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later, Dan gained insight into the forex industry during his time as a Series 3 licensed futures and forex broker. He also traded at a couple of different prop trading firms in Chicago. Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry.
Jitan Solanki is a professional trader, market analyst, and educator. He day trades major currency and index markets and focuses on swing trading US equities and commodities. A qualified Market Technician, Jitan also works with trader education and brokerage companies on various projects. These include market analysis, live trading events, and broker reviews. As an experienced trader and educator, Jitan brings all his qualities in action when reviewing and recommending brokers.
Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s favourite trading instruments include FX majors and gold. He earned a Bachelor's degree in Economics and International Relations. Plamen's broad experience has equipped him with the expertise to recommend the best forex brokers.
In more than 15 years of trading in the financial markets, Vladimir dealt with a wide range of brokers and financial instruments. His career as a day-trader at a proprietary trading firm goes back to 2007. Later, Vladimir turned to longer time frames and became an independent trader and analyst managing his own portfolio. Using his experience, he helps traders find the best broker in his reviews.
Jitan Solanki is a professional trader, market analyst, and educator. He day trades major currency and index markets and focuses on swing trading US equities and commodities. A qualified Market Technician, Jitan also works with trader education and brokerage companies on various projects. These include market analysis, live trading events, and broker reviews. As an experienced trader and educator, Jitan brings all his qualities in action when reviewing and recommending brokers.
At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.