{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/forex-brokers\/carry-trade-forex-brokers\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/forex-brokers\/carry-trade-forex-brokers\/","headline":"Best Carry Trade Forex Brokers 2022","name":"Best Carry Trade Forex Brokers 2022","description":"Are you looking for a broker to start making money by using a carry trading strategy? Then, you are in the right spot. When done correctly the carry trade can offer great results that can lead to large returns. With that said, you will need a broker that is suited to making the carry trade […]","datePublished":"2021-01-29","dateModified":"2022-05-17","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/plugins\/finance-brand-management\/images\/morefilter.svg","url":"https:\/\/forexschoolonline.com\/wp-content\/plugins\/finance-brand-management\/images\/morefilter.svg","height":"","width":""},"url":"https:\/\/forexschoolonline.com\/forex-brokers\/carry-trade-forex-brokers\/","about":["Metatrader | MT4 | MT5 | Brokers"],"wordCount":2092,"articleBody":"Are you looking for a broker to start making money by using a carry trading strategy? Then, you are in the right spot. When done correctly the carry trade can offer great results that can lead to large returns.With that said, you will need a broker that is suited to making the carry trade and in this post we look at the very best brokers you can use if you want to start making carry trades. Tama\u00f1o de mi operaci\u00f3n \u20ac 1,000 (0.01 lots) EUR\/USD \t\t\t More Filters\t\t \t\tClose Filters\t\t Sort By \t\t\t\t\t\t\t\t\t\t\t\tRating\t\t\t\tPrice\t\t\t\t\t\t\t\t 4 Provider that match your filters Providers that match your filters Payment methods Bank Transfer \t\t Credit Card Paypal Sepa Transfer Skrill Sofort Giropay Neteller Trading platforms Demo Webtrader Copytrading Mt4 \t\t STP\/DMA \t\t Ctrader \t\t MT5 \t\t Avasocial \t\t Ava Options Regulated by FCA CYSEC ASIC CFTC NFA BAFIN CMA SCB Support Very Good Good Average Bad Min.Deposit \u20ac 1 Leverage max 1 \t Currency Pairs 1+ Classification 1or more \t Mobile App 1or more Remove Filter \t Apply Filter No results found Trying adjusting the filter to see some results. Recommended Rating Total cost \u20ac0 \t\t\t \t\t\t\t\t\t\t\t\t\t\tCommission\t\t\t\t\t\t\t\t\t\t3.5\t\t\t\t\t\t\t\t\t Mobile App 10\/10 Min.Deposit \u20ac250 Spread min. Variables pips Leverage max 100 Currency Pairs 40 Trading platforms \t\t\t\t\t\t\t\tDemo\t\t \t\t\t\t\t\t\t\tWebtrader\t\t \t\t\t\t\t\t\t\tMt4\t\t \t\t\t\t\t\t\t\tMT5\t\t \t\t\t\tFunding Methods\t\t\t\t \t\t\t What you can trade Forex Indices Actions Cryptocurrencies Raw Materials Average spread EUR\/GBP - EUR\/USD - EUR\/JPY 0.3 EUR\/CHF 0.2 GBP\/USD - GBP\/JPY 0.1 GBP\/CHF 0.3 USD\/JPY - USD\/CHF 0.2 CHF\/JPY 0.3 Additional Fee Continuous rate Variables Conversi\u00f3n Variables pips Regulation No FCA No CySEC No ASIC No CFTC No NFA No BAFIN Review Open Account 71% of retail investor accounts lose money when trading CFDs with this provider. Rates and assets Rating Total cost \u20ac0 \t\t\t \t\t\t\t\t\t\t\t\t\t\tCommission\t\t\t\t\t\t\t\t\t\t-\t\t\t\t\t\t\t\t\t Mobile App 10\/10 Min.Deposit \u20ac100 Spread min. - Leverage max 400 Currency Pairs 50 Trading platforms \t\t\t\t\t\t\t\tDemo\t\t \t\t\t\t\t\t\t\tWebtrader\t\t \t\t\t\t\t\t\t\tMt4\t\t \t\t\t\t\t\t\t\tMT5\t\t \t\t\t\t\t\t\t\tAvasocial\t\t \t\t\t\t\t\t\t\tAva Options\t\t \t\t\t\tFunding Methods\t\t\t\t \t\t\t Regulated by CYSECASICCBFSAIBVIFSCFSCAFSAFFAJADGMFRSA What you can trade Forex Indices Actions Cryptocurrencies Raw Materials Etfs Average spread EUR\/GBP 1 EUR\/USD 0.9 EUR\/JPY 1 EUR\/CHF 1 GBP\/USD 1 GBP\/JPY 1 GBP\/CHF 1 USD\/JPY 1 USD\/CHF 1 CHF\/JPY 1 Additional Fee Continuous rate - Conversi\u00f3n - Regulation No FCA Yes CySEC Yes ASIC No CFTC No NFA No BAFIN Review Open Account 71% of retail investor accounts lose money when trading CFDs with this provider. Rates and assets Rating Total cost \u20ac0.00 \t\t\t \t\t\t\t\t\t\t\t\t\t\tCommission\t\t\t\t\t\t\t\t\t\t0.00\t\t\t\t\t\t\t\t\t Mobile App 10\/10 Min.Deposit \u20ac100 Spread min. 1.3 pips Leverage max 100:1 Currency Pairs 50 Trading platforms \t\t\t\t\t\t\t\tDemo\t\t \t\t\t\t\t\t\t\tWebtrader\t\t \t\t\t\t\t\t\t\tMt4\t\t \t\t\t\t\t\t\t\tMT5\t\t \t\t\t\tFunding Methods\t\t\t\t \t\t\t Regulated by CYSECCFTCNFA What you can trade Forex Indices Actions Cryptocurrencies Raw Materials Average spread EUR\/GBP 1.5 EUR\/USD 1.3 EUR\/JPY 1.6 EUR\/CHF 3.1 GBP\/USD 1.9 GBP\/JPY 3.6 GBP\/CHF 4.2 USD\/JPY 1.5 USD\/CHF 2.0 CHF\/JPY - Additional Fee Continuous rate - Conversi\u00f3n 1.3 pips Regulation No FCA No CySEC No ASIC Yes CFTC Yes NFA No BAFIN Review Open Account CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Rates and assets Rating Total cost \u20ac0.11 \t\t\t \t\t\t\t\t\t\t\t\t\t\tCommission\t\t\t\t\t\t\t\t\t\t0.11\t\t\t\t\t\t\t\t\t Mobile App 9\/10 Min.Deposit \u20ac0 Spread min. 0.0 pips Leverage max 2:1 Currency Pairs 50 Trading platforms \t\t\t\t\t\t\t\tDemo\t\t \t\t\t\t\t\t\t\tWebtrader\t\t \t\t\t\t\t\t\t\tMt4\t\t \t\t\t\t\t\t\t\tSTP\/DMA\t\t \t\t\t\tFunding Methods\t\t\t\t \t\t\t Regulated by CYSECASIC What you can trade Forex Indices Actions Cryptocurrencies Raw Materials Etfs Average spread EUR\/GBP 0.0 EUR\/USD 0.0 EUR\/JPY 0.0 EUR\/CHF 0.0 GBP\/USD 0.0 GBP\/JPY 0.0 GBP\/CHF 0.0 USD\/JPY 0.0 USD\/CHF 0.0 CHF\/JPY 0.0 Additional Fee Continuous rate - Conversi\u00f3n 0.0 pips Regulation No FCA No CySEC Yes ASIC No CFTC No NFA No BAFIN Review Open Account Trading leveraged products such as CFDs involves substantial risk of loss and may not be suitable for all investors. 83% of retail investor accounts lose money when trading CFDs with this provider. Trading such products is risky and you may lose all of your invested capital. Rates and assets  Compare Forex Brokers Fees:Use our side-by-side comparison table to compare Forex broker accounts, spreads and fees. \t\t \t\t \t\t\t\t\t\t\t\t\t Recommended 8cap Visit Broker 71% of retail investor accounts lose money when trading CFDs with this provider.... Forex.com Visit Broker CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.... VantageFX Visit Broker CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.... AvaTrade Visit Broker 71% of retail investor accounts lose money when trading CFDs with this provider.... Rating\t\t\t\t5\t\t\t\t4.5\t\t\t\t5\t\t\t\t5\t\t Mobile App\t\t\t\t\t10\/10\t\t\t\t\t10\/10\t\t\t\t\t10\/10\t\t\t\t\t10\/10\t\t Regulation\t\t\t\t\t\t\t\t\t\tCFTCNFA\t\t\t\t\t\t\t\t\t\tCYSECASICCBFSAIBVIFSCFSCAFSAFFAJADGMFRSA Bill Min.Deposit $250$100$200$100 Leverage max 100 100:1 500 400 Forex pairs 40 50 40 50 \t \t\t \t Fees & spreads EUR\/GBP N\/A 1.5 N\/A 1 EUR\/USD N\/A 1.3 N\/A 0.9 EUR\/JPY 0.3 1.6 N\/A 1 EUR\/CHF 0.2 3.1 N\/A 1 GBP\/USD N\/A 1.9 N\/A 1 GBP\/JPY 0.1 3.6 N\/A 1 GBP\/CHF 0.3 4.2 N\/A 1 USD\/JPY N\/A 1.5 N\/A 1 USD\/CHF 0.2 2.0 N\/A 1 CHF\/JPY 0.3 N\/A N\/A 1 EUR\/RUB - N\/A N\/A 1 USD\/RUB - N\/A N\/A 1 Additional Fee Continuous Fee VariablesN\/AN\/AN\/A Conversion Fee Variablespips1.3pipsN\/AN\/A Trading platforms Demo Webtrader Copytrading \t Mt4 STP\/DMA \t Ctrader \t MT5 \t Avasocial \t Ava Options \t Leverage FCA CYSEC ASIC \t CFTC NFA \t BAFIN \t CMA \t SCB \t DFSA \t CBFSAI \t BVIFSC FSCA \t FSA FFAJ \t ADGM FRSA \t Active Forex Indices Actions \t Cryptocurrencies Raw Materials \t Etfs \t \t Additional characteristics Islamic Account \t Education & Webinars Charts & Tools \t Scalping Spread Betting \t Automated Trading Free Forex Signals \t\t Payment methods Bank Transfer Credit Card \t Giropay Neteller Paypal Sepa Transfer Skrill Sofort Best Carry Trade Forex BrokersForex.com (for US)Forex.comRegulationMin DepositPlatformOpen an AccountNFA, CFTC + Others\u00a0$100MT4, MT5, Web and mobile platforms Trade NowPros: Low FX fees. Numerous trading pairs. A wide range of research tools. Offers MT4 and other trading platforms. Cons: Limited product portfolio. High stock CFD fees.Forex.com has established itself as one of the best brokers in the world.This is our number one recommendation for traders in the US as they have strong regulation including being regulated with the CFTC.With Forex.com you get access to spreads as low as 0.2, the ability to trade on over 80 currency pairs and a wide range of trading platforms.The MT5 platform on Forex.com comes with 20 free, easy to install EAs and custom indicators. When opening an account with forex.com you also get access to the full suite of downloadable, web, and mobile apps. Trade NowYour capital is at risk.OctaFXOctaFXRegulationMin DepositPlatformOpen an AccountCySec$5MT4, MT5 and cTrader Trade NowPros: Small minimum deposit. STP style broker. A demo account is offered. Wide range of platforms. Cons: Lacking in tier one regulation. Some countries not accepted.OctaFX is a STP style broker that has opened more than 1.5 million trading accounts.OctaFX covers 100 countries and they have won 28 different industry. Along with their MT5 platform you also get access to MT4 and cTrader platforms.OctaFX offer a large range of free education and market analysis and you also gain access to their copy trading platform. This allows you to copy other professional traders and make money from their winning trades. Trade NowYour capital is at risk.PepperstoneRegulationMin DepositPlatformOpen an AccountASIC, FCA + Others$200MT4, MT5 and cTrader Trade NowPros: It is regulated by ASIC and FCA. Offers various trading platforms. Low FX, equity, and indices fees. Excellent customer service. Free deposit and withdrawal. Cons: No investor protection for non-EU traders. No fundamental data analysis.Pepperstone is an Australian based broker and is widely regarded as one of the best Forex brokers in the world.With Pepperstone you have the ability to trade on Forex, gold, indices, equities, and more. One of the biggest benefits to Pepperstone is the availability of not just MT5, but also other different trading platforms. You can choose any of the MT4, MT5, and cTrader that come on desktop, mobile and web trading.Pepperstone offer very comprehensive education and analysis that ranges from market news, analysis, an economic calendar, guides, webinars, and more.Another large benefit to Pepperstone is their small trading costs. Pepperstone offer very small spreads and charge low commissions per round trade. Trade NowYour capital is at risk.FXCMFXCMRegulationMin DepositPlatformOpen an AccountFCA, ASIC + others.$300Trading Station, MT4 and NinjaTrader Trade NowPros: Very good education available. Easy to quickly open an account. Multiple account types available. Low spreads. Cons: Not as many markets as others. Higher minimum deposit.FXCM is a leading global broker that has been offering it’s services since 1999.FXCM has a huge range of trading services that include foreign exchange (FX) trading, CFD trading and spread betting. With FXCM you have access to multiple trading platforms, tools and premium resources to help you gain an edge over the markets.One of the reasons so many choose to trade with FXCM is because of their extensive range of markets you can trade. You get access to everything from Forex, shares, cryptocurrencies, commodities and indices. Trade NowYour capital is at risk.IC MarketsIC MarketsRegulationMin DepositPlatformOpen an AccountASIC, CySec.\u00a0$200MT4, MT5 and cTrader Trade NowPros: No withdrawal or deposit fees. Low trading costs. High leverage. Cons: No protection EU traders. Live chat at times can be slow.IC Markets is also an Australian based broker that is regulated by ASIC.This broker has been around a long time and is now one of the biggest brokers in the world.IC markets has a huge offering that caters to all types of traders. You have the ability to use any indicators or EA’s you like as well as use strategies like scalping.You can use many different platforms such as MT4, MT5 and cTrader that are available on both desktop and mobile devices. Trade NowYour capital is at risk.What is a Carry Trade?As a carry trader you are looking to make a profit from the difference in two currencies interest rates.Whilst this may sound complicated, the basics are quite straightforward. When looking to make a carry trade you are trying to make profit by borrowing in a currency with a low interest rate and invest with a currency that has a high interest rate. This way you profit the difference.When using leverage you can quickly make a lot of money with the carry trade strategy depending on how long you hold the trade. You also need to take into account that the trade cannot go too far against your opening position and thus offsetting your carry trade profits. Carry Trade Pros and ConsJust like any other strategy the carry trade has it’s pros and cons that you need to be aware of.Pros: A strategy that you can use for medium to longer time frame trading. Can use to implement with other trading strategies. Can offset risk. Is very flexible and can be used with multiple currencies. Cons: Interest rates are changing all the time and can make a trade no longer profitable. Prices can move against you and offset your carry trade profits. Not suitable for Islamic traders.FAQ’s \t\t\t\tWhat is a Carry Trade? \t\t\t\t\t \t\t\t\t\t\tAs a carry trader you are looking to make a profit from the difference in two currencies interest rates. Whilst this may sound complicated, the basics are quite straightforward. When looking to make a carry trade you are trying to make profit by borrowing in a currency with a low interest rate and invest with a currency that has a high interest rate. This way you profit the difference. \t\t \t\t\t\tWhat are the carry Trade Pros and Cons? \t\t\t\t\t \t\t\t\t\t\tJust like any other strategy the carry trade has it's pros and cons that you need to be aware of. Pros A strategy that you can use for medium to longer time frame trading. Can use to implement with other trading strategies. Can offset risk. Is very flexible and can be used with multiple currencies. Cons Interest rates are changing all the time and can make a trade no longer profitable. Prices can move against you and offset your carry trade profits. Not suitable for Islamic traders. \t\t {\t\t\"@context\": \"https:\/\/schema.org\",\t\t\"@type\": \"FAQPage\",\t\t\"mainEntity\": [\t\t\t\t{\t\t\t\t\"@type\": \"Question\",\t\t\t\t\"name\": \"What is a Carry Trade?\",\t\t\t\t\"acceptedAnswer\": {\t\t\t\t\t\"@type\": \"Answer\",\t\t\t\t\t\"text\": \"As a carry trader you are looking to make a profit from the difference in two currencies interest rates. Whilst this may sound complicated, the basics are quite straightforward. When looking to make a carry trade you are trying to make profit by borrowing in a currency with a low interest rate and invest with a currency that has a high interest rate. This way you profit the difference.\"\t\t\t\t\t\t\t\t\t}\t\t\t}\t\t\t,\t\t\t\t{\t\t\t\t\"@type\": \"Question\",\t\t\t\t\"name\": \"What are the carry Trade Pros and Cons?\",\t\t\t\t\"acceptedAnswer\": {\t\t\t\t\t\"@type\": \"Answer\",\t\t\t\t\t\"text\": \"Just like any other strategy the carry trade has it's pros and cons that you need to be aware of. Pros A strategy that you can use for medium to longer time frame trading. Can use to implement with other trading strategies. Can offset risk. Is very flexible and can be used with multiple currencies. Cons Interest rates are changing all the time and can make a trade no longer profitable. Prices can move against you and offset your carry trade profits. Not suitable for Islamic traders.\"\t\t\t\t\t\t\t\t\t}\t\t\t}\t\t\t\t ]} "}