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Best flatex alternatives 2026

If flatex is not right for you, these 8 brokers offer similar services. They are ranked by licence strength and by how closely their markets, platforms and accounts match flatex.

  1. IG

    IG

    Licences
    FCA, ASIC, DFSA, CFTC
    Min. deposit
    $0
    Islamic account
    No
    • IG holds 10 licences from strong regulators, against 1 for flatex.
    • IG offers MetaTrader 4, MetaTrader 5, which flatex does not.
  2. Licences
    FCA, ASIC, SEC, FINRA
    Min. deposit
    $0
    Islamic account
    No
    • Interactive Brokers holds 10 licences from strong regulators, against 1 for flatex.
    • Interactive Brokers offers Web Trader, Mobile App, which flatex does not.
  3. Licences
    FCA, CySEC, DFSA, SFC
    Min. deposit
    $1,000
    Islamic account
    No
    • Swissquote holds 6 licences from strong regulators, against 1 for flatex.
    • Swissquote offers MetaTrader 4, MetaTrader 5, which flatex does not.
  4. Licences
    CySEC, ASIC, CBI, FSCA
    Min. deposit
    $100
    Islamic account
    Yes
    • AvaTrade holds 4 licences from strong regulators, against 1 for flatex.
    • AvaTrade offers a swap-free Islamic account; flatex does not.
    • AvaTrade offers copy trading; flatex does not.
  5. Licences
    FCA, ASIC, CFTC, NFA
    Min. deposit
    $0
    Islamic account
    No
    • Oanda holds 7 licences from strong regulators, against 1 for flatex.
    • Oanda offers copy trading; flatex does not.
    • Oanda offers MetaTrader 4, MetaTrader 5, which flatex does not.
  6. Licences
    CySEC, ASIC, FSA, MAS
    Min. deposit
    $50
    Islamic account
    Yes
    • MultiBank Group holds 3 licences from strong regulators, against 1 for flatex.
    • MultiBank Group offers a swap-free Islamic account; flatex does not.
    • MultiBank Group offers copy trading; flatex does not.
  7. Licences
    FCA, CySEC, ASIC, DFSA
    Min. deposit
    $0
    Islamic account
    Yes
    • Pepperstone holds 4 licences from strong regulators, against 1 for flatex.
    • Pepperstone offers a swap-free Islamic account; flatex does not.
    • Pepperstone offers copy trading; flatex does not.
  8. Axi

    Axi

    Licences
    FCA, CySEC, ASIC, DFSA
    Min. deposit
    $0
    Islamic account
    Yes
    • Axi holds 4 licences from strong regulators, against 1 for flatex.
    • Axi offers a swap-free Islamic account; flatex does not.
    • Axi offers copy trading; flatex does not.