Best VIP Forex Brokers
VIP & Large Accounts
VIP trading accounts are superior to standard accounts as they offer many additional benefits. These accounts are available to both professional and individual traders of any level who have large capital sums available to trade with. A minimum deposit is usually required, which can be around $100,000, although this figure varies from broker to broker. Minimum trade volumes can also apply, such as $100 million per quarter.
VIP account holders can benefit from various exclusive and premium services offered by brokers. These can include a free VPS ( Virtual Private Server) hosting service, no deposit/withdrawal fees, private consultations with a dedicated account manager, exclusive seminars and events, in-depth market analysis provided on a daily basis, and more.
The VPS service is useful for frequent traders who wish to reduce latency. The technical market data offered by brokers is comprehensive, and an associated analysis is offered exclusively to VIP traders. Trade recommendations are also offered by some brokers, which can be highly insightful for some traders. VIPs can also expect institutional quality liquidity, low spreads and faster execution times. Usually, deposits are instantaneous, and VIPs can often enjoy express withdrawal times too.
VIP account holders also get charged lower commission fees and are offered competitive trading costs. Commission fees can be as low as $2 per $100,000 traded. VIP account trading can be thought of as trading with a personal market analyst, with added benefits of low trading costs and reduced latency for faster execution. Traditionally, Forex brokers offer VIPs a high level of security, where traders and their funds are protected through regulatory licenses and financial regulatory oversight.
VIP account holders may have to satisfy minimum lot traded and/or minimum capital balance conditions on a regular basis in order to keep their VIP status.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 65% and 82% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Best VIP Forex Brokers
Here are the best VIP forex brokers.
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IG
- 9.9/10 Overall
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Saxo Bank
- 9.7/10 Overall
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Interactive Brokers
- 9.7/10 Overall
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CMC Markets
- 9.6/10 Overall
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FOREX.com
- 9.3/10 Overall
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City Index
- 9.2/10 Overall
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XTB
- 9/10 Overall
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eToro
- 8.8/10 Overall
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Swissquote
- 8.7/10 Overall
Minimum Initial Deposit
£250.00 |
Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.close
Highly Trusted |
Cost & Fundingexpand_moreexpand_less
Average Spread EUR/USD - Standard | 0.86 (September 2022) |
All-in Cost EUR/USD - Active | 0.5957 (September 2022) |
PayPal (Deposit/Withdraw) | Yes |
Skrill (Deposit/Withdraw) | No |
Visa/Mastercard (Credit/Debit) | Yes |
Minimum Initial Deposit
€2,000 |
Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.close
Highly Trusted |
Cost & Fundingexpand_moreexpand_less
Average Spread EUR/USD - Standard | 0.9 (September 2022) |
All-in Cost EUR/USD - Active | 0.7 (September 2022) |
PayPal (Deposit/Withdraw) | No |
Skrill (Deposit/Withdraw) | No |
Visa/Mastercard (Credit/Debit) | Yes |
Minimum Initial Deposit
$0 |
Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.close
Highly Trusted |
Cost & Fundingexpand_moreexpand_less
Average Spread EUR/USD - Standard | 0.6 (Aug 2022) |
All-in Cost EUR/USD - Active | 0.6 (Aug 2022) |
PayPal (Deposit/Withdraw) | No |
Skrill (Deposit/Withdraw) | No |
Visa/Mastercard (Credit/Debit) | No |
Minimum Initial Deposit
$0 |
Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.close
Highly Trusted |
Cost & Fundingexpand_moreexpand_less
Average Spread EUR/USD - Standard | 0.51 (August 2022) |
All-in Cost EUR/USD - Active | 0.51 (August 2022) |
PayPal (Deposit/Withdraw) | Yes |
Skrill (Deposit/Withdraw) | No |
Visa/Mastercard (Credit/Debit) | Yes |
Minimum Initial Deposit
$100 |
Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.close
Highly Trusted |
Cost & Fundingexpand_moreexpand_less
Average Spread EUR/USD - Standard | 1.0 (July 2022) |
All-in Cost EUR/USD - Active | 1.0 (July 2022) |
PayPal (Deposit/Withdraw) | Yes |
Skrill (Deposit/Withdraw) | No |
Visa/Mastercard (Credit/Debit) | Yes |
Minimum Initial Deposit
£100.00 |
Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.close
Highly Trusted |
Cost & Fundingexpand_moreexpand_less
Average Spread EUR/USD - Standard | 1.0 (July 2022) |
All-in Cost EUR/USD - Active | 1.0 (July 2022) |
PayPal (Deposit/Withdraw) | Yes |
Skrill (Deposit/Withdraw) | No |
Visa/Mastercard (Credit/Debit) | Yes |
Minimum Initial Deposit
$0 |
Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.close
Highly Trusted |
Cost & Fundingexpand_moreexpand_less
Average Spread EUR/USD - Standard | 1.07 (Q3 2022) |
All-in Cost EUR/USD - Active | 1.04 (Q3 2022) |
PayPal (Deposit/Withdraw) | Yes |
Skrill (Deposit/Withdraw) | Yes |
Visa/Mastercard (Credit/Debit) | Yes |
Minimum Initial Deposit
$10-$10,000 |
Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.close
Highly Trusted |
Cost & Fundingexpand_moreexpand_less
Average Spread EUR/USD - Standard | 1 (August 2021) |
All-in Cost EUR/USD - Active | N/A |
PayPal (Deposit/Withdraw) | Yes |
Skrill (Deposit/Withdraw) | Yes |
Visa/Mastercard (Credit/Debit) | Yes |
Minimum Initial Deposit
$1000 |
Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.close
Highly Trusted |
Cost & Fundingexpand_moreexpand_less
Average Spread EUR/USD - Standard | N/A |
All-in Cost EUR/USD - Active | N/A |
PayPal (Deposit/Withdraw) | Yes |
Skrill (Deposit/Withdraw) | Yes |
Visa/Mastercard (Credit/Debit) | Yes |
What are the benefits of a large trading account?
Traders with large account balances have the ability to place more trades in their accounts. This allows for much greater diversification in regards to trade selection and asset classes.
Another advantage of maintaining a large account balance is the fact that it affords traders the opportunity to risk a small percentage of their equity capital on each trade. For example, a trader with a balance of $30,000 decides to risk $500 on a forex position. The total risk is only 1.5%. A trader with a small balance of $2,000 would be required to risk 25% of the account balance on the same forex trade (2,000 / 500 = 25%).
Traders with large balances receive an added level of service from the brokerage firm. They also have access to more sophisticated trading tools and applications to enhance their trading experience.
Which brokers offer VIP accounts for large trading volumes?
offers a VIP trading account called the Ava-Select account. In order to qualify, traders must either deposit a minimum of $100,000 or exceed $100 million in trading volume. Tailored education programs and customised benefits are available to Ava-Select customers.
London Capital Group offers premium forex ECN trading account for high volume traders who maintain a minimum $10,000 balance. Commissions are lower the more you trade, going as low as $7.5/m traded. The spreads for the ECN account start from 0 and also offer a policy. LCG also offer a dedicated account manager with daily trading opportunities for those interested in the VIP service.
Conclusion
VIP accounts come with various benefits and tailor-made services for traders. Any trader who is looking to learn the dynamics of the market and meets the minimum conditions for opening a VIP account would be able to benefit from features that are not available with a standard account.
BrokerNotes.co 2023 Overall Rankings
To recap, here are our top forex brokers for 2023, sorted by Overall ranking.
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Forex Risk Disclaimer
There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Learn more about foreign exchange risk.
About the Editorial Team
Marcus Taylor
BrokerNotes was founded in 2014 by Marcus Taylor, founder and CEO of Venture Harbor, a venture studio in Oxford that develops innovative online tools & technology across a range of sectors.