Best Forex Brokers in the Netherlands 2024

Are you looking for the best Forex broker in the Netherlands? You're in luck. In this article on AtoZ Markets, we will review the top options you have available. Each broker comes with its particular list of features, so it is crucial to select one that is suited to your requirements. We'll cover everything from regulations to minimum deposits, spreads and commissions, trading platform , and customer support. Therefore, whether you're an experienced or novice trader, there's sure to be a forex broker suitable for you.

How to choose Forex Brokers in the Netherlands?

When looking for the best Forex brokers in the Netherlands, it is important to consider a few factors. The first is regulation. The Netherlands is a member of the European Union, and as such, all brokerages must be regulated by the Dutch Central Bank (DNB). This ensures that your money is safe and protected.

Another important factor to consider is minimum deposit requirements. Some brokerages may require a higher minimum deposit than others. Make sure to choose a broker that fits your budget.

Spreads and commissions are also something to take into account. Some brokerages charge higher fees than others. Again, it is important to choose a broker that fits your needs.

The trading platform is another crucial factor. Make sure to choose a broker that offers a platform that is user-friendly and suits your trading style.

Finally, customer support is also important. Choose a broker that offers excellent customer support in case you have any questions or problems.

So, there you have it! These are some of the things to consider when looking for the best Forex brokers in the Netherlands. Do your research and choose a broker that is right for you. 

Is Forex trading legal in the Netherlands?

Lately, we have been getting a lot of questions from Dutch readers about the legalities of forex trading in the Netherlands.

So today, we want to set the record straight and answer once and for all: is forex trading legal in the Netherlands?

The answer is yes, forex trading is indeed legal in the Netherlands. However, there are a few things you need to know before you start trading.

First of all, it is important to choose a reputable broker that is regulated by a financial authority such as the Dutch Central Bank (DNB) or any European regulatory authorities. This will ensure that your broker adheres to strict financial standards and that your funds are safe.

Secondly, make sure you understand the tax implications of forex trading in the Netherlands. While profits from forex trading are not subject to Dutch taxes, losses can be deducted from other sources of income.

Lastly, always remember to trade responsibly and never risk more than you can afford to lose. With that said, I wish you all the best in your forex trading journey.

Best Forex Brokers in the Netherlands

The Netherlands is a well-regulated financial market with a long tradition of trading. This makes the country an ideal place for forex brokers to operate.

Best Forex Brokers in the Netherlands

In this article, we will list the top five forex brokers in the Netherlands that are regulated by top European regulatory authorities.

- Multibank

- AvaTrade

- Plus500

- eToro

- AxiTrader

1. Multibank Group

In our top Forex broker list of the Netherlands, Multibank is the one we are going to cover first. Multibank is one of the largest forex brokers in the world and is based in London. The company offers a wide range of currency pairs and CFDs for clients to trade. 

MultiBank Group logo_600x400

image credit: Multibank Group

MultiBank Regulations

In the case of trading, you should never select an unregulated broker. not licensed. MultiBank Group consists of several companies that are heavily controlled across five continents by ten financial regulators across a variety of areas, ensuring protection for investors.

Australia: MEX Australia is governed through the Australian Securities & Investments Commission with AFSL numbers 416279.

Germany: The broker is regulated by The Federal Financial Supervisory Authority (BAFIN) with license number HRB 73406.

Austria: MEX Asset Management GmbH -Austria branch is licensed and regulated under the Financial Markets Authority ("FMA") under licence number 491129z.

Cayman Islands: MEX Atlantic Corporation is licensed and controlled through CIMA. Cayman Islands Monetary Authority ("CIMA") with license number 1811316.

British Virgin Islands: Multibank FX International Corporation is licensed and controlled under the Financial Services Commission of the British Virgin Islands ("FSC") under license number SIBA/L/14/1068.

Hong Kong: Red Rock Pay Ltd is licensed and is regulated under the supervision of Hong Kong Customs and Excise ("HKCE") Department under license number 18-11-02612.

Singapore: MEX Global Markets PTE. LTD. is authorized and controlled through Singapore's Monetary Authority of Singapore ("MAS") with license number CMS101174.

Pacific Region: MEX Pacific (V) Ltd is licensed and regulated by Vanuatu Financial Service Commission ("VFSC") and has a license number 700443.

Multibank Trading Platforms

Traders can choose a platform among a list of trading platforms of MultiBank Group. They offer the following trading platforms.

- MetaTrader 4

- MetaTrader 5

- WebTrader

- Social Trading

- Mobile App

MultiBank Products

If we see the investment options, MultiBank offers Forex, Metals, Shares, Indices, Commodities and Cryptocurrencies. 

MultiBank provides 55+ major, cross, and exotic currency pairs, and gives the tightest spreads. Their EUR/USD spreads start from 0.0 pip in an ECN account. If you are a mental lover, MultiBank has Gold, Silver with 7 CENTS Tightest spreads on Gold, 3 CENTS Tightest spreads on Silver. MultiBank offers CFDs on stocks. They have 20,000 equities of the largest multinational companies listed on the top stock exchanges in the world. 

MultiBank has major indices from all over the world. You can trade major indices like US30, SP500, DE30, UT100, UK100, AUS200 and more. They provide 16 major commodities by CFDs. Spreads start with zero pip and have lower margin. Multibank offers Crypto-Fiat pairs for trading. For example, they have BTC/USD (Bitcoin), ETH/USD(Etherium), LTC/USD (LiteCoin), RPL/USD (Ripple) and more. 

MultiBank offers three types of accounts.  Standard, Pro, ECN accounts and Demo accounts. All account types support Social Trading.

They have Islamic accounts for Shares, Crypto, Indices and Commodities. Swap Free account is only available with Standard account.

They also have a Mex Sports account exclusively for the MT5 platform.

For Forex, spreads start from zero in an ECN account and vary according to your account type.

MultiBank provides 1.500 leverage on forex and metals.  For shares 1:20, For Indices 1:100, for crypto 1:20

Costs of MultiBank 

They do not have any commission for Standard and Pro accounts but for ECN  accounts they charge €3 per lot. They have a wide range of deposit methods including bank transfers and cards.

Minimum withdrawal amount is $50 for card and online and for bank transfer it's $100. They do not have any deposit or withdrawal fees. Deposit and Withdrawal time vary depending on the payment methods as they have so many methods.

MultiBank Customer Support  

Trading requires a lot of customer support from brokers. They provide 24/7 support which is really amazing. Their customer support is available via Whatsapp, form filling, live web chat and 24/7 phone call. We found their web chat very responsive.

Read Full Review of Multibank

Pros and Cons of Multibank


√ They offer 20,000+ assets

√ Low spreads from 0 pips and maximum leverage of 1:500

√ They have MAM/PAMM accounts and proprietary copy trading platform

√ Multibank provides ECN trading with deep liquidity and no requotes


- Scalping is not allowed on Multibank

- They have limited education resources

If you'd like to try Multibank in Netherlands, You can do so by clicking the following link:

2. AvaTrade

Our second broker in the list of top 5 forex brokers in the Netherlands is AvaTrade. AvaTrade is a forex broker that is based in Dublin, Ireland. The company is regulated by the Central Bank of Ireland and offers a wide range of currency pairs and CFDs for clients to trade.

AvaTrade logo

image credit: AvaTrade

AvaTrade Regulations

AvaTrade has been granted a license by and monitored by numerous regulators around the world:

Ireland and Cyprus: Avatrade is regulated by the Central Bank of Ireland and Cyprus Securities and Exchange Commission in Europe.

Poland: AvaTrade is regulated by the Polish Financial Supervision Authority.

Australia: AvaTrade is regulated by ASIC in Australia.

Global: AvaTrade Global AvaTrade has been supervised by the British Virgin Islands Financial Services Commission for its international operations.

Japan: AvaTrade is regulated by the Financial Services Agency and Financial Futures Association of Japan in Japan.

Middle East: AvaTrade is under the supervision of Financial Regulatory Services Authority (FRSA) for the Middle East

Israel: AvaTrade is regulated by the Israel Securities Authority in Israel.

AvaTrade Trading Platforms

The broker has a wide range of different trading options that are manual , which include the popular MetaTrader 4. MetaTrader 5, WebTrader, AvaOptions for options trading and AvaTradeGo to trade on the go.

Automated trading is offered by DulpiTrade and ZuluTrade.

Best Forex Brokers in Netherlands 2024

AvaTrade Products

They provide a range of over 55 Forex pairs, Options on 55 Forex pairs, 14 cryptocurrency, stocks CFDs of large corporations across the world, ETF, Bonds, Indices and Commodities. Spreads for brokers begin at zero and leverage could be as low as 1:400.

Costs of AvaTrade

AvaTrade is not a fee or charge for trades or transactions. Profits are generated through spreads and swaps that are generated through trading. The minimum amount to deposit will be 100 USD in your currency of choice.

When you transfer funds to E-wallets or credit cards The minimum amount will be one currency base for your account. If you make a bank transfer withdrawal the minimum amount you can withdraw will be 100 base currencies.

AvaTrade Customer Support

The broker also provides live chat support through chat bots or live chat agents. They also offer WhatsApp help and telephone assistance 24/7. We've checked their chat live. They are very prompt in their responses.

Read Full Review of AvaTrade

Pros and Pros and AvaTrade


√ A wide range of instruments are available that comprise Cryptocurrencies, Stocks, Commodities.

√ Multi-platform trading platform that includes the highly popular AvaTradeGO application.

√ AvaTrade is a member of EAs

√ They compete in terms of spreads and leverage

√ The client's funds are kept in separate accounts to provide more security.

√ AvaTrade has been licensed to operate for use in Europe, Australia, Japan, British Virgin Islands, UAE and South Africa.

√ Customer support is extremely prompt in responding.


- AvaTrade is not available in Belgium, Brazil, Democratic People's Republic of Korea (DPRK), New Zealand, Turkey, USA.

- Support via telephone is not available 24 hours a day and 7 days a week.

If you'd like to try AvaTrade, You can do so by clicking the following link:

3. Plus500

In the list of best forex brokers Netherlands, Plus500 is in fourth place. Plus500 is another large forex broker that is based in London. The company is listed on the London Stock Exchange and is regulated by the FCA. Plus500 offers a wide range of currency pairs, CFDs, and other financial instruments for clients to trade.


image credit: Plus500

Plus500 Regulations

Plus500 is regulated by different reputable regulatory authorities around the world.

United Kingdom: Plus500UK Ltd is authorized & regulated by the FCA (#509909).

Cyprus: Plus500CY Ltd is authorized & regulated by CySEC (#250/14).

Singapore: Plus500SG Pte Ltd, is licensed and regulated by the MAS (#CMS100648-1) and IE Singapore (#PLUS/CBL/2018).

Australia: Plus500AU Pty Ltd (ACN 153301681) is licensed by ASIC, AFSL #417727. 

New Zealand: Plus500 is also regulated by FMA (FSP 486026), 

South Africa: Plus500 is authorised by FSCA, FSP #47546. 

Seychelles: Plus500SEY Ltd is authorized & regulated by the Seychelles Financial Services Authority (#SD039).

Plus500 Trading Platforms

Plus500 uses a proprietary trading platform (web browser platform). It's accessible from any browser. You can also download the desktop version on your PC/laptop. They don't have MT4 or MT5. They also have Android and iOS apps.  

Plus500 Products

They offer 60+ Currency pairs, 17+ Cryptocurrencies, most popular Indices, Commodities  (Gold, Oil and Silver), Popular shares, Options, and ETFs. Spreads of Plus500 vary depending on the instruments you are trading.

Leverage varies from 1:2 for Cryptos to 1:30 for Forex.

Cost of Plus500

They don't have any trading fees. They make money by spreads and swap. But they have an inactivity fee of $10 per month if your account is inactive for 3 months. 

Minimum deposit is $100. Depending on withdrawal methods, they have different withdrawal limits. You will find it on the withdrawal screen of Plus500 platform.

Customer Support

Plus500 trading app offers support in 32 languages, including English, German, Greek, Italian, Spanish, French, Finnish, Danish, Swedish, Estonian, Russian, Romanian, Hebrew, Arabic, and Traditional and Simplified Chinese. 

The platform offers 24/7 support via email and chat. You will find an answer to most questions via the FAQ section. However, if the clients cannot find the query in the FAQ then they can start an online chat.

Read Full Review of Plus500

Pros and Cons of Plus500


√ Access to over 2000 CFDs

√ A user-friendly and practical platform

√ Regulated by many regulatory authorities

√ Guaranteed stop loss orders

√ Protection against negative balance


- Customer support is not available via phone call

- It does not take U.S. clients

- The trading platform can't be used with other tools for trading or platforms

If you'd like to try Plus500, You can do so by clicking the following link:

You can also sign up with our alternative recommended Forex Brokers.

Multibank Review
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4.8/5 Review
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4.8/5 Review
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4. eToro

Our 4th broker in the list of top forex brokers in the Netherlands is eToro. eToro is a social trading and investment platform that is based in Cyprus. The company is regulated by the CySEC and offers a wide range of financial instruments for clients to trade, including forex, stocks, indices, and commodities.

etoro logo

image credit: eToro

eToro Regulations

eToro is regulated by different regulators from around the world:

Cyprus: eToro Europe is regulated by the Cyprus Securities & Exchange Commission (CySEC) with license number 109/10.

United Kingdom: eToro (UK) Ltd is authorized and regulated by Financial Conduct Authority (FCA) Company reference number 583263.

Australia: eToro AUS Capital Pty Ltd is licensed by the Australian Securities and Investments Commission (ASIC) to offer finance services in accordance with the Australian Financial Services License, license number 491139.

USA: eToro USA is operated by eToro USA LLC, registered with FinCEN.

eToro Products

They include 49 Currency pairs They have 32 Commodities 13 Indices, 2711 stocks, 264 EFTs and 51 Cryptocurrencies. They have symbols that can be traded (Total) 3056.

eToro Trading Platforms

They don't possess MT4 and MT5 but they have a private Platform along with a Web platform and mobile application.

Cost of eToro

The minimum deposit for eToro could be between €100 to €200.

eToro doesn't charge any fees for deposits. However, fees for withdrawals are €5. If you withdraw funds in other currencies than USD the customer is susceptible to conversion fees. In the case of wire transfers, eToro deposits are instant. The time required for withdrawals varies based on the payment method that is used.

The spreads can start at just 1 pip. In Europe, they offer leverage of 1:30 on forex pairs.

eToro Customer Support

They provide outstanding customer support through email, phone or call-back in addition to live chat via the internet.

Read Full Review of eToro

Pros and Cons of eToro


√ Trade in ETFs or stocks can be absolutely free.

√ Opening a new account effortlessly

√ One of the top social trading platforms

√ A minimum amount is required to open an account and begin investing.


- The quality of customer service has to be enhanced.

- The base currency of the account is not the only one.

- Costly non-trading fees

If you want to give it a try with eToro, you can use the link  below:

Trade Forex with eToro

5. Axi 

Established in 2007, Axi is a recognized and trusted broker with its head office located in Sydney, Australia. Axi is a brand name of AxiCorp Financial Services Pty Ltd (AxiCorp). It quickly made a name for itself and gained an international presence.

Axi 2020 new logo - AtoZ Markets

image credit: Axi

Axi Regulations

Axi is licensed and regulated by different reputable regulatory authorities around the world.

Australia: AxiCorp is authorised and regulated by the Australian Securities & Investments Commission (ASIC)

Dubai: AxiCorp Financial Services Pty Ltd (DIFC Branch) is regulated by the Dubai Financial Services Authority (DFSA).

United Kingdom: AxiCorp (Axi UK) is authorised and regulated by the Financial Conduct Authority (FCA).

Vincent and the Grenadines: Axitrader (Owned by AxiCorp) is registered by the Financial Services Authority.

Axi Trading Platforms

Axi is a MetaTrader broker. Axi has the MT4 Next Gen add-on. MT4 is a widely accepted forex trading platform that is used by most of the retail forex traders. It has a unique feature that helps the trader to operate with flexibility. Moreover, there are many integrated features for the traders to build their own EA’s.

Axi also offers MetaTrader 4 web trading platform where you can trade in any browser without downloading any software. Android & IOS of the MT4 app are available for download from the Play store & app store respectively for Axi. 

Axi Products

Axi is a MetaTrader-broker that offers to trade with 140+ currency pairs and 50+ CFDs on Stocks, 30+ index CFDs, 14+ Commodities including oil, and metal,  and 11+ CFD cryptocurrencies.

Axi offers 4 types of accounts to its Netherlands traders. Standard Account, Pro Account, Elite Account and Demo Account. They offer 1:400 leverage for Dutch traders.

Cost of Axi 

Axi doesn't have any commission for Standard accounts. In Pro account commission is $7 per standard lot and $3.5 in Elite Account. 

For Standard and Pro accounts they don't have any minimum deposit but for Elite Account minimum deposit is $25,000.

Axi Customer Support

The customer service of Dutch traders is available 24 hours a day, Monday to Friday. Traders can call them free from certain countries with some specific phone numbers available on their website. 

Traders can use the live chat option to get any instant support. The international phone no. and email address is as follows.

Read Full Review of Axi

Pros and Cons of Axi


√ Premium MT4 NextGen add-on package

√ Low trading fees and no inactivity or account closure fee

√ No deposit and withdrawal fees

√ No minimum deposit requirement for Standard and Pro account


- Doesn't provides MT5 trading platform 

- Customer Support only on weekdays

If you want to give it a try with Axi, you can use the link  below:

These are the top five forex brokers in the Netherlands. All of these brokers are well-regulated and offer a wide range of currency pairs and other financial instruments for clients to trade. Choose the broker that best suits your needs and start trading today.


To conclude, finding the best Forex brokers in the Netherlands can be a daunting task. However, by using our top five list as a starting point and doing your own research, you should be able to find the broker that is right for you. Have we helped make your decision easier? Let us know which brokers you like the most in the comment section below.

Best Forex Brokers in Netherlands 2024

Next Read: Best Forex Brokers Europe 2024