Best Day Trading Platforms and Brokers in Ireland 2024 (2024)

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Written By

Jemma Grist

Written By

Jemma Grist

Jemma is a writer, editor and fact-checker focused on retail trading and investing. Jemma brings a unique perspective to the forex, stock, and cryptocurrency markets and works across several investment websites as a researcher and broker analyst.

» Jemma Grist Profile Page

Fact Checked By

James Barra

Fact Checked By

James Barra

James is an investment writer with a background in financial services. He has worked as a management consultant, where he delivered large-scale operational transformational programmes at some of Europe's biggest banks.James authors, edits and fact-checks content for a series of investing websites.

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Updated

Mar 22, 2024

The best day trading platforms in Ireland offer short-term opportunities on popular markets, such as stocks from Euronext Dublin, convenient deposits through EUR accounts, and oversight from a trusted regulator like the Central Bank of Ireland.

Discover the best brokers for day trading in Ireland. All platforms have been rigorously tested using real money and demo accounts.

Top 5 Platforms For Day Trading In Ireland

After analyzing hundreds of brokers, these 5 platforms continue to stand out as the best for day trading in Ireland:

AvaTrade - AvaTrade offers the full package for short-term traders. There is powerful charting software, reliable execution, transparent fees, and fast account opening with a low minimum deposit.
Deriv.com - Deriv.com will suit day traders looking to make fast-paced trades using CFDs and multipliers with high leverage up to 1:1000. The broker is also the industry leader in synthetic indices, which simulate real market movements and are available around the clock.
Pepperstone - Pepperstone stands out as a top choice for day trading, offering razor-sharp spreads, ultra-fast execution, and advanced charting platforms for experienced traders. New traders are also welcomed with no minimum deposit, extensive educational resources, and exceptional 24/7 support.
XM - XM is one of the best forex and CFD brokers we have tested. The flexible account types will suit a variety of short-term trading styles while the $5 minimum deposit and smooth sign-up process make it easy to start trading.
Eightcap - Eightcap is great for day traders familiar with MT4 and MT5 and looking to trade forex and CFDs in a secure environment. The brand is also a great pick for crypto traders with 100+ derivatives, a sophisticated market scanner, plus Bitcoin and Tether deposits.

Best Day Trading Platforms and Brokers in Ireland 2024 Comparison

Best Day Trading Platforms and Brokers in Ireland 2024 Comparison
EUR Account	Minimum Deposit	Markets	Platforms	Leverage	Visit
✔	$100	CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting	WebTrader, AvaTradeGO, AvaOptions, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade	1:30 (Retail) 1:400 (Pro)	Visit
✔	$5	CFDs, Multipliers, Forex, Stocks, Indices, Commodities	Deriv Trader, MT5	1:1000	Visit
✔	$0	CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting	MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade	1:30 (Retail), 1:500 (Pro)	Visit
✔	$5	Forex, Stock CFDs, Turbo Stocks, Indices, Commodities, Precious Metals, Energies, Shares, Crypto, Futures	MT4, MT5	1:30	Visit
✔	$100	CFDs, Forex, Stocks, Indices, Commodities, Crypto	MT4, MT5, TradingView	1:30	Visit
✔	$50	CFDs, Forex, Indices, Commodities	MT4, MT5	1:30	Visit
✔	$100	CFDs, Forex, Indices, Commodities, Stocks, Crypto	MT4, MT5	1:500	Visit
-	$50	CFDs, Forex, Stocks, Indices, ETFs, Smart Portfolios, Commodities, Futures, Crypto, NFTs	eToro Web, CopyTrader, TradingCentral	1:30	Visit
✔	€200	CFDs on Stocks, Indices, Commodities, Forex, Cryptocurrencies, US Synthetic Shares & ETFs, Shares Baskets	MT4, MT5	1:30 (Retail), 1:500 (Pro)	Visit
✔	$20	Forex, CFDs, Stocks, Indices, Commodities, Crypto	MT4	1:1000	Visit
✔	$0	Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds, Cryptos (Bahamas Entity Only)	MT4	1:500 (entity dependent)	Visit
✔	$100	Forex, CFDs, Stocks, Indices, Commodities and Cryptos	Skilling Trader, MT4, cTrader, TradingView	1:30 (Retail) 1:200 (Pro)	Visit
✔	$10	Digital Options on Stocks, Indices, Forex, Commodities, Cryptos	Web Platform, Mobile App	-	Visit
✔	$0	Forex, CFDs, stocks, indices, energies, metals, commodities, cryptos	MT4, MT5, cTrader, TradingView, AutoChartist	1:500	Visit
✔	$100	CFDs, Forex, Stocks, Indices, Commodities, Futures	FxPro Platform, MT4, MT5, cTrader, AutoChartist, TradingCentral, DupliTrade	1:30 (Retail), 1:500 (Pro), 1:1000 (Via Prime Ash Capital Limited)	Visit

#1 - AvaTrade

Visit

Review

Why We Chose AvaTrade

AvaTrade is a leading forex and CFD broker, established in 2006 and regulated across 9 jurisdictions. Over 400,000 users have signed up with the broker which processes over 2 million trades each month. The firm offers multiple trading platforms, including MT4, MT5, and a proprietary WebTrader. 1250+ financial instruments are available for day trading, alongside a comprehensive education center and multilingual customer support.

Instruments: CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting
Regulator: ASIC, CySEC, FSCA, ISA, CBol, FSA, FSRA, BVI, ADGM
Platforms: WebTrader, AvaTradeGO, AvaOptions, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade
Minimum Deposit: $100
Minimum Trade: 0.01 Lots
Leverage: 1:30 (Retail) 1:400 (Pro)

Pros

WebTrader is well-suited to beginners and features a strong suite of technical analysis tools and market research for day traders
There's a great range of fee-free deposit methods, including bank wire, credit cards and popular e-wallets like Skrill
The broker offers reliable 24/5 multilingual customer support with fast response times during testing

Cons

There is no ECN account with raw spreads
It’s a shame that there are no rebate schemes for serious traders looking for additional perks - CMC Markets would be a better choice here
A high $2000 minimum investment is required to use DupliTrade, which will be out of reach for many beginners

Visit AvaTrade

#2 - Deriv.com

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Review

Why We Chose Deriv.com

Deriv.com is a low cost, multi-asset broker with over 2.5 million global clients. With just a $5 minimum deposit, the firm offers CFDs and multipliers, alongside proprietary synthetic products which can't be found elsewhere. Deriv provides both its own in-house charting software and the hugely popular MetaTrader 5.

Instruments: CFDs, Multipliers, Forex, Stocks, Indices, Commodities
Regulator: MFSA, LFSA, VFSC, BFSC
Platforms: Deriv Trader, MT5
Minimum Deposit: $5
Minimum Trade: 0.01 Lots
Leverage: 1:1000

Pros

Deriv continues to offer fast and reliable 24/7 support and the WhatsApp service is particularly convenient
The low $5 minimum initial deposit suits those on a lower budget
The free demo account is ideal for practicing short-term trading strategies and no registration is required

Cons

There are limited copy trading tools and analysis features compared to alternatives like IQ Cent
There's no loyalty program or rebate scheme for high volume traders
The range of 100+ assets trails some competitors such as Quotex which offers 400+

Visit Deriv.com

#3 - Pepperstone

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Review

Why We Chose Pepperstone

Established in Australia in 2010, Pepperstone is a top-rated forex and CFD broker with over 400,000 clients worldwide. It offers access to 1,300+ instruments on leading platforms MT4, MT5, cTrader and TradingView, maintaining low, transparent fees. Pepperstone is also regulated by trusted authorities like the FCA, ASIC, and CySEC, ensuring a secure environment for day traders at all levels.

Pros

Pepperstone emerges as a low-cost broker, especially for serious day traders with spreads from 0.0 in the Razor account and rebates of 25%+ through the Active Trader program.
Now offering spread betting through TradingView, Pepperstone provides a seamless, tax-efficient trading experience with advanced analysis tools.
There’s support for a range of industry-leading charting platforms including MT4, MT5, TradingView, and cTrader, catering to various short-term trading styles, including algo trading.

Cons

Despite enhancements to its range of markets, crypto offerings are relatively limited compared to other brokers such as eToro, with no option to invest in real coins.
There’s no simplified proprietary trading platform, nor are there any social trading features, which could be a disadvantage if you are new to day trading.
Pepperstone’s demo accounts are active for only 30 days, which may not be not long enough to familiarize yourself with the different platforms and test trading strategies.

Visit Pepperstone

#4 - XM

Visit

Review

Why We Chose XM

XM is a globally recognized forex and CFD broker with 10+ million clients in 190+ countries. Since 2009, this trusted broker has been known for its low fees on 1000+ instruments. XM is regulated by multiple financial bodies, including the ASIC and CySEC.

Instruments: Forex, Stock CFDs, Turbo Stocks, Indices, Commodities, Precious Metals, Energies, Shares, Crypto, Futures
Regulator: ASIC, CySEC, DFSA, FSC, FSCA
Platforms: MT4, MT5
Minimum Deposit: $5
Minimum Trade: 0.01 Lots
Leverage: 1:30

Pros

1000+ instruments are available, including recently added thematic indices, providing exposure to emerging industries
Transparent and low fees with spreads from 0.0 pips that will help protect day trading profit margins
Powerful MT4 and MT5 platforms are available with 60+ and 80+ technical charting tools

Cons

There is weak regulatory oversight through the global entity
PayPal deposits are not supported
There's $5 inactivity fee after only 3 months, though this won't affect active traders

Visit XM

#5 - Eightcap

Visit

Review

Why We Chose Eightcap

Eightcap is a forex and CFD broker founded in Australia in 2009. The brand is popular with serious day traders for its raw spreads on 1000+ instruments and advanced MetaTrader platforms. With five global offices and ASIC regulation, Eightcap has built a strong reputation. New traders can also sign up for a live account in just a few minutes.

Instruments: CFDs, Forex, Stocks, Indices, Commodities, Crypto
Regulator: FCA, ASIC, CySEC, SCB
Platforms: MT4, MT5, TradingView
Minimum Deposit: $100
Minimum Trade: 0.01 Lots
Leverage: 1:30

Pros

Flexible and fee-free payment methods including cryptocurrencies
AI-powered economic calendar with top-level insights, in partnership with Acuity
Sophisticated platforms built for short-term strategies, including TradingView which offers 50 drawing tools and 12 chart types

Cons

There are only four commodities available, which may disappoint experienced day traders looking to diversify their portfolios
The demo account can only be extended upon request
There are several frustrating jurisdictional restrictions - for example, the Crypto Crusher tool is not available for UK or Australian clients

Visit Eightcap

Choosing A Day Trading Broker In Ireland

Drawing on the decades of experience across our expert team, we focus on several areas when identifying the best day trading platforms:

Regulation & Trust

We routinely verify the regulatory status of each broker, to determine what level of financial protection day traders will receive.

The best platforms are authorized by one or more Green Tier regulators, which offer the highest standards of safeguarding. This typically includes measures like negative balance protection, which prevents you from losing more than your balance. They also enforce security measures to help protect against day trading scams.

The Central Bank of Ireland (CBI) is the regulator responsible for overseeing investment firms in Ireland. That said, other European regulated brokers can also provide services to Irish traders under the EU’s cross-border initiative.

In light of scam brokers hitting the Irish market, such as High Trade Pro FX, the Central Bank of Ireland recommends carrying out a sense check of any broker you are considering:
Double-check the URL and contact details of the broker
Check that the product being offered to you is present on the broker’s website
Check the regulator’s list of unauthorized firms

Jemma Grist

Author

AvaTrade continues to deliver one of the most trusted trading environments, thanks to multiple regulatory licenses, notably with the CBI. The broker also uses encryption technology to protect client accounts, alongside segregated funds and their bespoke risk management tool, AvaProtect.

Day Trading Markets

Brokers with an excellent suite of financial markets provide the widest range of day trading opportunities, fromforexandcommodities tocryptocurrencies and IPOs.

For Irish traders, in particular, many leading platforms will offer EUR currency pairs, including EUR/USD,as well as Irish stocks listed on the Euronext Dublin, such as Bank of Ireland (BIRG) and Ryanair (RYA).

Best Day Trading Platforms and Brokers in Ireland 2024 (27)

For day traders, assets will often be tradable via contracts for difference (CFDs), which allow you to speculate on rising and falling prices without owning the actual asset.

That said, we also look out for other popular products with Irish traders, including spread betting, providing a tax-free way to speculate on financial markets over short-term horizons.

Pepperstone remains a stand-out choice for traders looking for a superb variety of markets, notably 10+ Irish stocks listed on the Euronext Dublin, alongside 90+ currency pairs, including popular EUR crosses like EUR/GBP and EUR/CHF.

Leverage Trading

Leverage allows you to scale up your buying power whilst only putting down a small deposit (margin), playing a pivotal role in many short-term trading strategies.

For instance, opening a position in shares of Kerry Group PLC (KRZ)with leverage of 1:5 would give me €500 in purchasing power with a €100 margin, amplifying profits and losses 5x.

Importantly, risk management is vital when day trading with leverage – serious losses can wrack up in volatile markets.

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The 1% rule, which states that you never risk more than 1% of your capital on a single trade, is a popular risk management technique.

Deriv is a great choice if you’re looking to trade on margin, with leverage up to 1:30 on major pairs like EUR/USD. You can also trade with the broker’s unique multipliers, where losses are limited to your initial stake.

Charting Platforms

The best day trading brokers in Ireland offer reliable charting platforms with a terrific selection of technical tools.

MetaTrader (MT4) and MetaTrader 5 (MT5) remain the staple options at most brokerages. However, we increasingly favor brokers that deliver more contemporary, user-friendly software, such as TradingView.

Best Day Trading Platforms and Brokers in Ireland 2024 (28)

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If you’re a beginner, consider a broker that offers a proprietary solution. We’ve found these are often more intuitive and enjoyable to use than third-party tools like MetaTrader.

Skilling offers a superb selection of platforms to suit all short-term trading strategies and experience levels. In addition to packages such as MT4 and cTrader, clients can try the broker’s excellent bespoke options: Skilling Trader and Skilling Copy.

Execution Speed & Quality

Securing optimum trading conditions is vital for day traders executing strategies in fast-moving markets, such as volatile Irish stocks like Allied Irish Banks (AIB) and Corre Energy BV (CORRE).

We look at important metrics such as execution speeds, fill rate and slippage data, which help to indicate how efficiently orders are executed. Based on our own trading experience and analysis, we like to see execution speeds of less than 100 milliseconds.

FxPro continues to stand out with ultra-fast execution speeds of less than 13 milliseconds and over 86% of orders executed at the requested price, or better.

Pricing

Active day traders who deal frequently and in large volumes need the most affordable brokers. This will ensure transaction costs are kept as low as possible, protecting profit margins.

Our exhaustive testing process involves checking spreads on popular markets, such as the EUR/USD, various stocks and leading indices, during the most active times of the day. We also consider any commission charges, as well as inactivity and funding fees.

Other services, such as VPS solutions and third-party tools, may also come with a one-off fee or monthly subscription. As such, we assess whether such charges are reasonable for the overall service and quality provided.

XM consistently tops our rankings as one of the lowest-cost day trading brokers, with just a $5 minimum deposit and tight spreads from 0.7 pips on major currency pairs like the EUR/USD.

Methodology

To find the best platforms for day trading in Ireland, we took our database of around 500 brokers and considered their overall suitability for Irish traders, notably:

We verified that the broker is regulated by a trusted authority, such as the CBI.
We ensured that a range of regional markets were available, including for example EUR currency pairs and/or Irish stocks.
We prioritized brokers that offer competitive trading fees, especially on popular markets like EUR/USD.
We made sure that the broker’s leverage and margin requirements were transparent.
We focused on brokers with fast and stable execution for short-term trading strategies.
We checked that the broker delivers powerful, user-friendly charting platforms, such as MT4.

FAQ

Who Regulates Day Trading Brokers In Ireland?

The Central Bank of Ireland is the regulator responsible for overseeing day trading brokers in Ireland.

Ireland also falls under the European Union’s passporting scheme, allowing approved regulators to provide services to Irish traders.

Which Is The Best Day Trading Broker In Ireland?

Our list of the best day trading brokers in Ireland will help you determine which platform is best for your needs.

Each brokerage is regulated by a trusted authority, offers convenient EUR accounts for Irish traders and provides access to a range of popular financial markets with short-term trading opportunities.

How Much Capital Do I Need To Start Day Trading In Ireland?

Our analysis shows that most brokers require a minimum deposit of less than €250 to start day trading in Ireland.

That said, some budget-friendly platforms let you start with no minimum deposit – among the highest-rated are Pepperstone and Blackbull Markets.

Article Sources

The writing and editorial team at DayTrading.com use credible sources to support their work. These include government agencies, white papers, research institutes, and engagement with industry professionals. Content is written free from bias and is fact-checked where appropriate. Learn more about why you can trust DayTrading.com