Best Forex Brokers in Argentina of 2023

Since 2011, we’ve traded with and reviewed over 150 brokers in Argentina. To find the best brokers in Argentina for you, we’ve dedicated over 50 hours per broker, exploring more than 250 factors across 9 key areas. We’ve then compared them to identify the top performers in various categories. With decades of combined experience, our team of trading experts provides reliable and trusted opinions.

By: Vladimir Zernov
Reviewed By: FX Empire Editorial Board
Updated: Aug 10, 2023
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CFD trading is rapidly gaining popularity in Argentina as numerous brokers are expanding their services to clients in the country.

Forex trading is permissible and regulated in Argentina, overseen by the National Securities Commission (CNV). The CNV primarily focuses on the requirements of institutional investors and businesses. Nevertheless, retail traders have the opportunity to open accounts with global brokers.

Selecting an appropriate broker is a crucial step to financial success. Traders should carefully assess several key factors, including regulation, fees, available instruments, and trading platforms, among others. With over a decade of experience in reviewing forex brokers, FX Empire is an established industry leader. Using our unique evaluation methodology, which includes an analysis of over 250 factors across nine crucial categories, we assist you in discovering the most suitable forex brokers to align with your trading aspirations.

Considering the different needs of traders, we have broken down this list into five primary categories.

List Of Top Forex Brokers and Trading Platforms in Argentina

  • IC Markets — Best Overall
    Spanish version of the website. MT4, MT5, and cTrader. AutoChartist, Trading Central. 1,700+ tradable instruments. Low fees.
  • Errante — Best for Professional Traders
    Spanish version of the website. Competitive spreads. MAM/PAMM available. 1-million Euro insurance program. Multiple account types.
  • TMGM — Best MT4
    Spanish version of the website. MT4. Automated trading, HUBx, Trading Central. Wide range of account types. Competitive fees.
  • Vantage — Best Low Spreads
    Spanish version of the website. Low spreads. No subscription, account maintenance, or inactivity fees. Free VPS hosting. Tools for algorithmic trading. Wide range of platforms.
  • FXTM — Best for Beginners
    Spanish version of the website. Micro and Demo Accounts. Wide selection of educational materials. Dedicated account representative.

How Did FX Empire Select The Best Brokers In Argentina?

To choose the best brokers in Argentina, we used the FX Empire’s 250-point rating system to identify the leaders in each category. We focused on the following key features:

  • We selected trustworthy and transparent brokers.
  • We prioritized brokers with top-tier regulations.
  • We focused on brokers that offer low fees.
  • We preferred brokers that have user-friendly and feature-rich platforms.
  • We listed brokers that provide localization in terms of the website and customer support language, as well as payment methods.
  • We prioritized brokers that provide bonuses and promotions for Argentinian clients.

Our team of experts has identified each broker’s strengths and weaknesses using FX Empire’s comprehensive methodology. I subsequently used my 16 years of forex trading experience to examine and analyze all our findings, resulting in the selection of the best brokers for Argentinian traders across various categories. You can read more about it and how we conduct our tests here.

Now, let’s explore the selected brokers.

Best Overall

Trading Derivatives carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Derivatives may not be suitable for all investors, so please ensure that you fully understand the risks involved, and seek independent advice if necessary. A Product Disclosure Statement (PDS) can be obtained either from this website or on request from our offices and should be considered before entering into a transaction with us. Raw Spread accounts offer spreads from 0.0 pips with a commission charge of USD $3.50 per 100k traded. Standard account offer spreads from 1 pips with no additional commission charges. Spreads on CFD indices start at 0.4 points. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
  • Min Deposit
    $200
  • Tradable Instruments
    2251
  • Fees
    Low

Founded in 2007, IC Markets has built a name for itself in the trading world, offering a broad spectrum of opportunities from forex and commodities to stocks, indices, and cryptocurrencies. The broker is regulated by ASIC, CySEC, and FSA Seychelles.

Regional Features:

  • Argentina-based clients can open accounts with Raw Trading Ltd, which is regulated by FSA Seychelles.
  • Leverage: up to 1:1000.
  • Spanish version of the website.
  • Customer support in Spanish language.

During my exploration of the platform, I discovered that IC Markets goes above and beyond in providing its customers with a wide array of trading options, including 2100+ stocks. Clients can choose between MetaTrader 4, MetaTrader 5, and the cTrader, so the choice of platform caters to varied preferences. The broker’s research offering includes technical and fundamental analysis from the in-house team.

In addition, IC Markets provides access to the third-party research tools Trading Central and Autochartist, which are popular with both beginner and advanced traders. IC Markets stands out in the area of deposits and withdrawals, offering 15 different methods, available in multiple currencies, which is also significant for serious traders. Besides that, the broker provides a free VPS service for those into algorithmic trading.

My personal tests demonstrated that IC Markets offered tight spreads in both the Standard Account and the Raw Spread account. The spreads were often better than the industry average. For instance, the EUR/USD spread on the Standard Account averaged between 0.6 - 0.7 during my tests, while the Gold spread hovered between 18 and 20. For those who actively trade, the competitive commissions in the Raw Spread account were also a significant advantage.

Pros
  • Attractive spreads and commissions.
  • A wide range of tradable instruments.
  • Multiple trading platforms and solid research tools.
  • Free VPS.
Cons
  • The phone support was unavailable during our tests.

Best for Professional Traders

FX and CFDs trading involves a high risk of loss
  • Min Deposit
    $50
  • Tradable Instruments
    128
  • Fees
    Medium

Founded in 2019, Errante offers trading in forex pairs, indices, cryptocurrencies, stocks, and commodities. The broker is regulated by CySEC and FSA Seychelles. Accounts at the Seychelles entity are insured by a Lloyd’s of London policy for up to 1,000,000 euro, which is important for advanced traders who may have significant deposits.

Regional Features:

  • Argentina-based clients can open accounts with Errante Securities (Seychelles) Ltd, which is regulated by FSA Seychelles.
  • Leverage: up to 1:500
  • Spanish version of the website.
  • Customer support in Spanish language.
  • 30% deposit bonus of up to $2,000.

Errante provides a selection of popular platforms tailored for advanced traders: MetaTrader 4, MetaTrader 5, and cTrader. The broker offers 4 distinct account types, including the spread-based VIP and commission-based Tailor Made accounts, both designed specifically for advanced traders. For clients opting for the VIP account, Errante offers a free VPS service. Advanced traders should note that Errante offers MAM accounts, which allow the management of multiple accounts through a single interface.

Our tests showed that Errante spreads were better than average in many cases. For instance, the EUR/USD spreads stood at 1.5, while GBP/JPY spreads ranged between 2.1 and 2.2. The spreads for Dax and Apple were 3.1 and 0.06 respectively.

New clients can receive a 30% deposit bonus of up to $2,000. However, it's important to note that the account must be fully verified before the deposit bonus can be credited. Errante does apply fees for inactive accounts: a one-off maintenance charge of $15 for accounts that have been inactive for three months. This is then followed by a modest monthly fee of $3 for such accounts. The broker offers a wide array of deposit and withdrawal methods, including crypto.

Pros
  • Competitive spreads in some instruments.
  • Diverse account offering.
  • MAM/PAMM available.
  • The offshore entity offers a 1-million euro insurance program.
Cons
  • Limited amount of research materials.

Best MT4

TMGM

4.4
The information provided on this website is general in nature only and does not constitute personal financial advice. Before acting on any information on this website you should consider the appropriateness of the information having regard to your objectives, financial situation and needs. Investing in CFDs and Margined FX Contracts carries significant risks and is not suitable for all investors. You may lose more than your initial deposit. You don’t own, or have, any interest in the underlining assets. We recommend that you seek independent advice and ensure fully understand the risks involved before trading. It is important that you read and consider disclosure documents before you acquire any product listed on the website. The information and advertisements offered on this website are not intended for use by any person in any country or jurisdiction where such use is contrary to the local laws and regulations. Products and Services offered on this website is not intended for residents of the United States.
  • Min Deposit
    $100
  • Tradable Instruments
    10101
  • Fees
    Medium

Founded in 2013, TMGM offers trading in forex pairs, commodities, stocks, indices, and cryptocurrencies. This Sydney-based broker operates under the regulation of ASIC, FMA, and VFSC.

Regional features:

  • Argentina-based clients can open an account with Trademax Global Limited, which is regulated by VFSC.
  • Leverage: up to 1:500.
  • Spanish version of the website.
  • Customer support available in Spanish language.

TMGM offers access to MetaTrader 4, MetaTrader 5, as well as the IRESS platform, catering to the needs of professional stock traders. While copy trading isn't available, Expert Advisors for automated trading can be used across all accounts. Fund managers have the advantage of using HUBx to manage their clients' accounts.

Furthermore, the broker's research offerings include the widely utilized Trading Central tool, beneficial for both novice and advanced traders. I find that sentiment analysis provided by Trading Central is especially useful as market sentiment has a huge impact on short-term asset price dynamics. I’d also note that the market sentiment could be used as a contrarian indicator when traders get too bullish or too bearish.

During my tests I found that TMGM's spreads fell into the low-to-medium range compared to the wider industry. For instance, spreads for EUR/USD were at 0.9, while WTI oil spreads were noted at 0.04. The broker also supports various deposit and withdrawal methods, available in multiple currencies.

Pros
  • Competitive fees.
  • Solid platform offering.
  • Variety of research tools, including Trading Central.
  • Diverse account types.
Cons
  • High inactivity fee.

Best Low Spreads

Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions.
  • Min Deposit
    $200
  • Tradable Instruments
    282
  • Fees
    Low

Established in 2009, Vantage provides trading opportunities in forex pairs, indices, commodities, stocks, and cryptocurrencies. This broker, based in Sydney, operates under the regulation of ASIC (Australia) and CIMA (Cayman Islands).

Regional features:

  • Argentina-based clients can open an account with Vantage International Group Limited, which is regulated by CIMA.
  • Leverage: up to 1:500.
  • Spanish version of the website.
  • Customer support available in Spanish language.
  • 50% and 10% deposit bonuses.

My tests showed that Vantage provides competitive spreads across various asset classes. For example, spreads for EUR/USD fluctuated between 1.2 and 1.4, while Dow Jones spreads were found within the 1 - 1.3 range. Moreover, the broker does not impose any subscription, account maintenance, or inactivity fees, and it also doesn't levy charges for deposits or withdrawals.

Vantage clients have access to MetaTrader 4, MetaTrader 5, and ProTrader, which is powered by TradingView. The broker also offers its proprietary Vantage Mobile App. Traders can benefit from robust research support, including frequently updated analyses in both written and video formats, along with regular webinars.

Vantage provides a generous deposit bonus structure: a 50% bonus (up to $500) on the initial deposit, and a subsequent 10% deposit bonus (up to $19,500). The total bonus can reach up to $20,000. It's important to note that the 50% bonus is exclusively for the first deposit, while the 10% bonus applies to all following deposits. My research showed that Vantage also provides free VPS hosting for clients who have deposited at least $1,000. However, to be eligible for the offering, these clients are expected to achieve a minimum monthly notional value of $1 million in closed trades.

Pros
  • Attractive spreads, no fees for deposits or withdrawals.
  • Excellent research materials.
  • Free forex VPS hosting for eligible clients.
Cons
  • Users must navigate chatbot questions before reaching a human agent.

Best for Beginners

FXTM

4.3
82% of retail CFD accounts lose money
  • Min Deposit
    $10
  • Tradable Instruments
    266
  • Fees
    Medium

Founded in 2011, FXTM offers trading in forex, indices, stocks, and commodities. The broker is regulated by FCA, CySEC, FSCA, and FSC Mauritius.

Regional Features:

  • Argentina-based clients can open accounts with Exinity Limited, which is regulated by the Financial Services Commission.
  • Leverage: Up to 1:2000.
  • Spanish version of the website.
  • Customer support in Spanish language.

FXTM provides access to the popular MT4 and MT5 platforms, as well as the in-house FXTM Trader mobile app. While MT4 and MT5 may present a learning curve that might seem a bit challenging for novice traders, the FXTM proprietary mobile app features a much more user-friendly interface. FXTM mobile app offers basic indicators, as well as news and analysis. The simplicity of the app provides beginner traders with an opportunity to start trading on the go within minutes.

The broker offers solid research support from its in-house team that covers both fundamental and technical analysis. The educational offering is also strong, which is important for beginner traders. FXTM provides articles, ebooks, and video content designed to help new traders master the waves of the markets. One of the features I found unique about the FXTM's knowledge hub is a content filter. This handy tool allows beginner traders to select materials most relevant to their needs, ensuring a more personalized learning experience. Furthermore, FXTM assigns each of its clients a dedicated customer solutions representative. This makes the process of communication with the broker not only easier but also more efficient.

According to my research, the trading costs associated with the Micro account were average for the industry. For instance, I found that the spread for gold varied between 36 and 45, while the spread for EUR/USD was 2. The Advantage account offered more competitive spreads, but also charged commissions.

Pros
  • Strong educational and research materials.
  • Intuitive in-house trading app.
  • Custom MT4 indicators.
  • Dedicated support representative.
Cons
  • The broker charges withdrawal and inactivity fees.

How To Choose the Best Forex Broker In Argentina?

Use our guide to choose the forex broker in Argentina according to your trading goals.

How to choose a safe broker as an Argentina-based trader?

The process of choosing a broker begins with learning where your potential broker is regulated. Argentina-based traders have access to the global entities of brokers, which are typically regulated by offshore regulators.

These regulators often do not impose strict limits on leverage, allowing traders to access high levels of leverage. However, you should be aware that compensation schemes may not be available. Consequently, if a broker faces financial difficulties, traders will have to navigate the situation independently.

You can check a comprehensive list of reliable brokers by jurisdiction here.

What fees should you focus on when choosing the broker?

Typically, brokers charge spreads, commissions, swap/rollover fees, and inactivity fees.

  • The spread is the difference between the bid and the ask price. The higher the spread, the more you pay for the trade. In our rating system, we deem spreads below 1 pip for EUR/USD and 3 pips for GBP/JPY to be low. See our guide for the best forex brokers with lowest spreads for more professional tips and insights.
  • A commission is a fixed cost of entering the trade. Accounts that charge commissions usually offer lower spreads. For example, commissions below $3 for forex pairs and gold are considered low.
  • A swap/rollover fee is charged when you hold a leveraged position overnight. Traders should pay extra attention to these fees if they plan to use swing trading strategies, which involve holding positions for several days or even weeks. A swap rate below 0.5 pips for forex pairs is considered favourable.
  • An inactivity fee is imposed by the broker if your account remains inactive for a certain period. In this case, a certain amount of money is charged on a monthly basis. An inactivity fee below $10 is considered to be low.

How to choose the right account for trading in Argentina?

As an Argentina-based trader, you should understand the difference between various types of accounts.

  • Demo accounts are used for practice without risking real money. Such accounts are highly recommended for novice traders making their first steps in trading. You can find brokers with the best demo account offering here.
  • Spread-based accounts typically charge spreads and swap/rollover fees. These accounts usually represent a good choice for traders whose trading volume is expected to be relatively modest.
  • Commission-based accounts charge commissions in addition to spreads and swap/rollover fees. Typically, such accounts offer tighter spreads. They are suitable for traders who anticipate a high volume of trading.
  • On Islamic accounts, swap/rollover fees are not charged to insure compliance with Sharia law.
  • Professional accounts usually have a high minimum deposit and offer access to high leverage that most professional traders are looking for.

How to choose a trading platform in Argentina?

Typically, most brokers offer access to MetaTrader 4 and/or MetaTrader 5. Those are sophisticated platforms with a variety of tools tailored mainly for experienced traders, hence beginners may need to spend some time learning the ropes.

Some brokers have also developed their own in-house trading platforms. These platforms are usually tailored to the needs of traders at various experience levels. They are easy to navigate and simple to use.

The choice of trading platform largely depends on personal preferences and trading experience. In my opinion, for novice traders it’s better to start with a user-friendly platform or a mobile app, whereas experienced traders often prefer MT4/MT5.

Read more about each trading platform in our detailed guides on the best MT4 and best MT5 forex brokers.

What leverage is available for traders in Argentina?

Leverage provides traders with the opportunity to boost their profits through the use of borrowed funds. The higher the leverage, the greater your potential profits may be. However, leverage can be a double-edged sword, as it can also magnify potential losses. Thus, I would advise beginners to start with low levels of leverage to avoid the risk of substantial losses.

The maximum potential leverage a broker can offer is determined by the regulator. As Argentina-based traders have access to broker’s global entities, they will engage with offshore regulators that do not impose specific limits on leverage for retail clients. Thus, the leverage can be as high as 1:2000. Note, that it’s necessary to consider your risk tolerance and trading strategy before engaging in high-leverage trading. Additionally, traders should be aware that offshore regulators offer fewer protections.

What to avoid when choosing a broker in Argentina?

Based on my trading experience, I have outlined the five things to avoid when choosing a broker in Argentina:

  • Neglecting to verify regulatory compliance.
  • Overlooking broker fees, such as spreads, commissions, and swap rates.
  • Selecting an account type that does not align with your requirements.
  • Skipping to review the range of instruments provided by the broker.
  • Avoiding straight communication with the support team before opening an account.

How to avoid forex scams?

To safeguard yourself against forex scams, follow these essential guidelines:

  • Do your research and choose a reputable broker: Conduct thorough research to identify a broker with a solid reputation and a history of regulatory compliance. Verify its credentials and look for reviews or testimonials from reliable sources.
  • Check the regulatory status: Ensure that the broker you selected is regulated by a recognized financial authority. This oversight provides a decent level of protection and ensures adherence to industry standards.
  • Be cautious of unrealistic promises: Beware of brokers or investment schemes that promise guaranteed high returns or low-risk opportunities. Forex trading involves inherent risks, and legitimate brokers will not make unrealistic claims.
  • Avoid unregulated entities: Steer clear of unregulated brokers or those operating from offshore jurisdictions with weak regulations. Regulatory oversight helps protect your funds and ensures fair trading practices.
  • Understand the terms and conditions: Read and comprehend the broker’s terms and conditions, including fee structures, withdrawal policies, and any potential hidden costs. Beware of brokers that make it difficult to access or withdraw your funds.
  • Use secure payment methods: Choose reputable payment methods that offer additional security layers, such as bank transfers or established electronic payment systems. Avoid dealing with brokers that solely accept cryptocurrency or other non-traceable forms of payment.
  • Stay informed and educated: Continuously educate yourself about forex trading and stay updated on market trends and news. This knowledge will empower you to make informed decisions and identify potential scams.
  • Trust your instincts: If something seems too good to be true or raises suspicions, trust your gut instinct and exercise caution. Take time to seek advice from trusted financial professionals or consult with experienced traders before making any decisions.

Our Methodology

FX Empire, with a history dating back to 2010, has established itself as a reputable authority in broker reviews. Our extensive experience in evaluating CFD brokers, spanning over a decade, has led us to develop a meticulous and comprehensive review strategy. Adhering to stringent guidelines for editorial integrity, we consistently uphold our commitment to deliver unbiased evaluations.

We follow a diligent protocol for our review process, integrating objective criteria and quantifiable data. This methodical approach allows us to generate a justified score that accurately reflects the performance of a broker. Our mission is to provide traders with a thorough and unbiased review, empowering you to make well-informed decisions aligned with your specific needs.

To choose the best brokers for you, we rate them across nine categories and calculate a score that reflects their performance.

The categories include:

  • Trust and Stability
  • Fees
  • Platform and Tools
  • Tradable Instruments
  • Account Types
  • Deposit and Withdrawal
  • Research
  • Customer Support
  • Education

We open accounts, test platforms, measure spreads, and chat with support teams to collect as much data as we can for each broker. Overall, we evaluate brokers based on more than 250 distinct data points. Every category receives a rating from one star (weak) to five stars (excellent). The broker’s total score depends on its performance in each of these nine categories.

We highlight each broker’s strengths and weaknesses, explain regulatory details, and share the results of our live tests of brokers’ fees, customer support, and trading platforms. To learn more about our review process, click here.

In this article, I focused on forex brokers that are best suited for Argentinian traders. I have given priority to brokers offering specific features, such as customer support and website accessibility in the Spanish language, the availability of local deposit and withdrawal methods, as well as bonuses and promotions tailored to Argentinian clients.

Meet our Writers

The team of forex and CFD writers and editors at FX Empire 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.

Get to Know Our Authors

Dan Blystoneauthor

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 licenced 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 Solankiauthor

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.

Plamen Stoyanovauthor

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.

Vladimir Zernovauthor

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.

Yes, forex trading is legal in Argentina.
As in many Latin American countries, the Central Bank of Argentina is responsible for the general supervision of the financial sector and does not have special regulations for CFD brokers. The residents of Argentina can open trading accounts with global brokers.
Argentina does not have specific regulations for forex brokers.
Our research showed that IC Markets, TMGM, Vantage, FXTM, and Errante are among the best brokers available in Argentina.
Our tests indicated that FXTM is the most suitable for beginners in Argentina. The broker offers Micro and Demo Accounts, which is important for traders who are just starting their journey in the markets. FXTM also provides a dedicated account representative and offers a wide selection of educational materials.
Errante is suitable for professional traders in Argentina. The broker provides access to MetaTrader 4, MetaTrader 5, and cTrader platforms, as well as AutoChartist and Trading Central tools. Our tests showed that Errante offers low fees and provides access to 1,700+ tradable instruments.
Forex trading is taxable in Argentina. Note that forex trading can be a complex and risky investment. It is important to understand the tax implications of forex trading and to consult with a tax advisor. This is especially important in Argentina’s case as the country has various currency control measures in place.
Forex brokers charge spreads, swap/rollover fees, and commissions. Brokers may also charge inactivity fees, which are applied when the account is dormant for many months. Traders should also check whether a broker applies deposit and withdrawal fees.
Sunday 7:00 pm — Friday 7:00 pm
Yes, you can trade with offshore-regulated brokers in Argentina. Note, that offshore regulators offer fewer protections.
Yes, cryptocurrency trading is available in Argentina.
Argentina-based clients have access to offers and bonuses provided by the global brokers.
Negative balance protection is a feature offered by some brokers that protect traders from incurring a negative account balance. In forex trading, it is possible to lose more money than you have in your account due to leverage, which magnifies gains and losses. With negative balance protection, the broker guarantees that the trader's account balance will never go below zero, even in the event of a sudden and significant market move that results in a large loss. If the trader's account balance falls to zero, the broker will close out their positions and absorb the loss rather than requiring the trader to cover the negative balance.
You can review the terms and conditions of your account agreement, which should outline the broker's policy on negative balance protection. This information is usually available on the broker's website or can be obtained by contacting their customer support team.
A compensation scheme is a type of investor protection program that provides financial compensation to investors who have suffered losses as a result of a broker's insolvency, fraud, or other misconduct. Compensation schemes are designed to protect investors from financial harm and to promote confidence in the financial markets. In most countries, compensation schemes are established and regulated by the government or financial regulatory agencies. These schemes typically have specific eligibility requirements, such as a maximum level of compensation per investor or per claim, and may only cover certain types of financial instruments or transactions.
You can check their regulatory status and the terms and conditions of your account agreement. Compensation schemes are typically established and regulated by government or financial regulatory agencies, and brokers are required to be registered with these schemes to offer protection to their clients. You can also check the website of the compensation scheme in your country or region to see if your broker is listed as a member.
A segregated fund, also known as a segregated account or a separately managed account, is a type of investment account that holds the assets of an individual investor separately from those of the investment manager or broker. They are typically managed by professional investment managers or brokers who are responsible for making investment decisions on behalf of the investor. Segregated funds offer a higher level of transparency, control, and protection to investors who are willing to pay higher fees for these benefits.
You can check their website, contact them directly, review their regulatory filings, look for independent reviews, or consult with a financial advisor. The broker's website should have information about their investment products, including segregated funds.

About the Author

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.

Why you can trust FX Empire

At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.

Why you can trust FX Empire

FXEmpire was founded in 2011, making us one of the first forex broker review sites. You can trust FXEmpire because of our thorough and unbiased review process. With over a decade of experience, we have a team of industry experts who conduct rigorous tests to ensure our reviews are accurate and unbiased. Our reviews are designed to bring clarity and confidence to the process of choosing a broker, and are based on objective criteria and measurable data. Our editorial team is composed of trading industry professionals and seasoned financial journalists, who ensure that our reviews are accurate and unbiased. Additionally, our review system is based on 9 core categories and over 250 distinct variables, which ensures that all aspects of a broker are considered before giving a final rating. So, you can trust FXEmpire to provide you with honest and informative reviews that will help you make an informed decision on which broker will best enable you to reach your financial goals.