The Best Forex Brokers With Hedging Allowed: 2024 Edition

Explore 2024’s best forex brokers that allow hedging strategies. FX hedging is a risk management tactic employed to minimize volatile currency movements. Typically, this strategy involves balancing potential losses to address and overcome possible drawdowns.

For traders looking to implement a scalable hedging strategy, you first need to choose a reliable and affordable forex broker. Keep reading to learn about the best forex brokers with hedging allowed in 2024.


Saxo is one of the best forex brokers for currency hedging in 2024. Saxo’s brokerage service is well-reviewed and highly-trusted for many specialized offerings – including unique options for hedging strategies. Using Saxo, you can hege FX using real-time FIFO methods or end-of-day FIFO netting. Regardless of your preferences, these capabilities are easy to configure and customize through the SaxoTraderGO application. This user-friendly functionality and wide-range of supported strategies makes stand out a top-choice for 2024. In addition, the broker is renowned for:

  • 70,000+ Instrument Support
  • High-Quality Educational Courses
  • Innovative Research-Themed Video Content
  • VIP & Platinum Trader Accounts
  • Average Spread & Trading Session Data Published Daily
  • Complex Strategy Planning & Risk Management Tools

Certainly, choose Saxo as a top-rated forex broker that allows hedging in 2024.


FXCM is another top-rated MT5 forex broker that supports currency hedging. FXCM is known for their wide selection of tradable currency pairs – empowering you to execute hedging strategies across multiple international markets. Additionally, this trusted FX broker provides stop-loss orders, position limiting tools, and other essential resources for successful hedging.

FXCM’s charting features and robust analytics tools help you make informed, strategic, and data-driven hedging decisions – which maximize profits and minimize trading costs. On top of hedging support, this brokerage service prioritizes transparency, regulatory compliance, and maintaining client confidence. This way, you can manage, control, and profit from FX hedging positions with confidence. Surely, choose FXCM as your forex broker for hedging strategies in 2024.

FP Markets

Next in our 2024 edition, FP Markets is another FX broker that allows hedging. FP Markets allows you to hedge positions on over 10,000 different trading instruments – including major markets like FX, commodities, metals, ETFs, stocks, and crypto. The broker recommends using derivatives for hedging – empowering you to profit from falling and raising price fluctuations.

FP Markets enables their clients to trade what they want, when they want – with powerful features including:

  • 24/5 Access To Global Markets
  • Mobile Trading Supported Through App
  • Multilingual Customer Support – Available 24 Hours A Day
  • Rapid Execution From NY4 Server Facility
  • Market-Leading Pricing & Liquidity
  • FP Markets Forex Education

Moreover, FP Markets offers competitively low spreads – beginning at 1.0 pips on major international currency pairs. Indeed, another forex broker with hedging allowed is FP Markets.


OANDA stands out as a popular, well-established FX broker that supports and allows hedging. With OANDA, you can hedge positions with a range of trading instruments – specifically FX, indices, shares, and commodities. In addition to hedging support, this forex broker allows you to execute transactions on MetaTrader4 (MT4), MetaTrader5 (MT5), as well as their own proprietary platform.

Simply put, OANDA provides all the resources and tools needed to trade smarter, including:

  • 68+ Forex Currency Pairs
  • Powerful Analysis Tools
  • Advanced Charts Powered By TradingView
  • Technical Analysis Features From Autochartist
  • Economic Overlay Capabilities
  • Super-Low Commissions

Absolutely, OANDA is one of the forex brokers for scalping and hedging.

Admiral Markets

No 2024 list of the best hedging forex brokers is complete without mention of Admiral Markets. Admiral supports hedging on 4,000+ financial instruments – which can all be traded on MT4 and MT5. With minimum deposits as low as $100, Admiral offers five different account types for FX hedging. Spreads start at zero pips – but can vary by transaction and type of account.

Notably, Admiral Markets is known for competitive, favorable trading conditions, including:

  • Free Real-Time Market News, Research, & Charts
  • 4,000+ CFDs For Currencies, Metals, Energies, & Digital Currencies
  • 4,500+ Single Shares & ETFs
  • Demo Trading Accounts

Definitely, Admiral Markets is a prominent FX broker that supports hedging.

Join the best forex brokers that allow hedging in 2024. Saxo is a top-rated broker – known for quality educational resources, VIP accounts, and risk management tools. You can additionally choose brokerages with a full suite of trading tools – including FXCM and FP Markets. OANDA is another popular choice – providing its own proprietary platform, plus MT4 and MT5 support. Of course, you can also consider options with favorable trading conditions, like Admiral Markets. Follow the points above to learn about the best forex brokers hedging allowed.  

Featured Post

Latest Post