Best Dow Jones Trading Platforms (DJIA/US30) Compared & Reviewed

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Dow Jones trading platforms let you trade the DJ Industrials Index (the ‘Dow’, ticker: INDU), one of the oldest stock market indices in the world. You can use our comparison of the best brokers for trading the Dow Jones Industrial Average (DJIA/US 30) to see the key features offered by US30 trading platforms, including costs, spreads, minimum deposit, overnight financing rates and what types of trading accounts are available.

Compare Dow Jones (US30) Brokers

DJIA Trading PlatformUS30 Trading CostsMinimum DepositGMG RatingMore InfoRisk Warning
City Index Dow Jones Trading3.5£100
(4.3)
See Platform69% of retail investor accounts lose money when trading CFDs with this provider
Pepperstone Dow Jones Trading2£1
(4.1)
See Platform75.3% of retail investor accounts lose money when trading CFDs with this provider
Spreadex Dow Jones Trading 2.4£1
(4.4)
See Platform64% of retail investor accounts lose money when trading CFDs with this provider
Plus500 Dow Trading4£100
(4.2)
See Platform80% of retail investor accounts lose money when trading CFDs with this provider.
IG Dow Jones Trading2.4£250
(4.7)
See Platform69% of retail investor accounts lose money when trading CFDs and spread bets with this provider.
Saxo Markets Dow Jones Trading3£1
(4.6)
See Platform65% of retail investor accounts lose money when trading CFDs with this provider
eToro Dow Jones Trading6$50
(4.1)
See Platform51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
CMC Markets Dow Jones Trading2£1
(4.6)
See Platform68% of retail investor accounts lose money when trading CFDs with this provider
Interactive Brokers Dow Jones Trading0.005%$2,000
(4.6)
See Platform60% of retail investor accounts lose money when trading CFDs with this provider
Forex.com Dow Jones Trading3.5£100
(4.2)
See Platform74% of retail investor accounts lose money when trading CFDs with this provider.
XTB Dow Jones Trading3£1
(4)
See Platform76% of retail investor accounts lose money when trading CFDs with this provider
ThinkMarkets1.5£10
(4)
See Platform66.95% of retail investor accounts lose money when trading CFDs with this provider

Our picks of the best brokers for trading the Dow Jones (US30)

❓Methodology: We have chosen what we think are the best Dow Jones trading platforms based on:

  • over 17,000 votes in our annual awards
  • our own experiences trading the US30 in the accounts with real money
  • an in-depth comparison of the DJIA trading features that make them stand out compared to alternatives.
  • interviews with the Dow trading platform CEOs and senior management

City Index: Dow trading signals and post-trade analysis

  • Costs & spreads: 3.5
  • Minimum deposit: £100
  • Overnight financing: 2.5% +/- SOFR
  • Account types: CFDs & spread betting

69% of retail investor accounts lose money when trading CFDs with this provider

City Index Review
Good Money Guide Recommended 2024

Name: City Index

Description: City Index is one of the oldest spread betting and CFD brokers based in the UK. They were founded in 1983 and offer trading in over 13,500 financial markets, to around 126,000 active clients. City Index is currently owned by StoneX, a US brokerage listed on the NASDAQ valued at $1.75bn.
69% of retail investor accounts lose money when trading CFDs with this provider

Why we like them:

City Index offers some of the best trading tools and analysis to help traders perform better. Their unique post-trade analytics and voice brokerage service make it an excellent choice for large and frequent traders.

Pros

  • Excellent trading tools
  • Post-trade analytics
  • Publically listed (part of StoneX)

Cons

  • Trading only, no investment account
  • Limited options markets
  • No direct market access
  • Pricing
    (4)
  • Market Access
    (4.5)
  • Online Platform
    (4)
  • Customer Service
    (4.5)
  • Research & Analysis
    (4.5)
Overall
4.3

Pepperstone: Automated Dow Jones trading on MT4

  • Costs & spreads: 2
  • Minimum deposit: £1
  • Overnight financing: 2.9% +/- SOFR
  • Account types: CFDs & spread betting

75.3% of retail investor accounts lose money when trading CFDs with this provider

Pepperstone Review
Good Money Guide Recommended 2024

Name: Pepperstone

Description: Pepperstone were founded in 2010 in Australia and have since then grown to be a global brokerage with international offices and around 400,000 active clients. They offer spread betting and CFDs on 1,200 major market instruments, which means they focus on the most heavily traded assets, mainly forex and indices trading. Of those 900 are shares on the major stocks on international exchanges.
75.6% of retail investor accounts lose money when trading CFDs with this provider.

Why we like them

Pepperstone is a good choice for traders that want to automate their trading strategies through MT4. As far as MT4 brokers they are one of the biggest and best and offers so good EA packages.

Pros

  • Tight pricing
  • Wide range of MT4 markets
  • Pre-built MT4 indicator packages

Cons

  • Limited market access
  • Only third-party platforms
  • Pricing
    (5)
  • Market Access
    (3.5)
  • Online Platform
    (4)
  • Customer Service
    (4)
  • Research & Analysis
    (4)
Overall
4.1

Spreadex: Dow Jones trading with personal service

  • Costs & spreads: 2.4
  • Minimum deposit: £1
  • Overnight financing: 3% +/- SOFR
  • Account types: CFDs & spread betting

72% of retail investor accounts lose money when trading CFDs with this provider

Spreadex Review
Good Money Guide Recommended 2024

Name: Spreadex

Description: Spreadex is a financial spread betting broker that has been in operation since 1999. It was founded by ex-city trader Jonathan Hufford and unlike many of its peers, it is not based in London, but instead is headquartered in St Albans Hertfordshire. Spreadex offers both financial spread betting and CFD trading from the same account. The company has some 60,000 account holders and offers access to more than 10,000 financial instruments, including UK small-cap shares, where it is something of a specialist.

Is Spreadex a good broker?

Spreadex is one of the most established spread betting brokers. They focus on providing excellent customer service through experienced dealers and a trading platform built from scratch in-house. A good choice for those that like to spread bet.

Pros

  • Spread betting & CFDs
  • Smaller cap stock trading
  • Great customer service

Cons

  • Not publically listed
  • Pricing
    (4.5)
  • Market Access
    (4.5)
  • Online Platform
    (4)
  • Customer Service
    (5)
  • Research & Analysis
    (4)
Overall
4.4

Plus500: Global CFD Platform for US30 Trading

👍Featured👍

Plus500

3.7
Customer rating: 3.7/5 (137 reviews)

  • Markets available: 2,000
  • Minimum deposit: £100
  • Account types: CFDs

80% of retail investor accounts lose money when trading CFDs with this provider.

Plus500 Review
Good Money Guide Recommended 2024

Name: Plus500

Description: Plus500 is an online trading company that operates in more than 50 countries worldwide. Founded in 2008, it has more than 26 million customers today. Plus500 is headquartered in Israel, however, it’s listed in the UK on the London Stock Exchange (it’s a member of the FTSE 250 index). Here in Britain, its platform is operated by Plus500UK Ltd, which has offices in London. In the UK, you can only trade CFDs with Plus500. CFDs are financial instruments that allow you to profit from the price movements of a security without owning the underlying security itself.

80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Is Plus500 a good broker?

Overall, Plus500 is a good online trading platform for traders who do not want to do anything more complicated than buy and sell CFDs. The broker does provide sentiment indicators and are quite transparent with costs and fees. In summary:

  • Plus500 is a trading platform that offers CFDs.
  • You can trade a range of assets on Plus500 including stocks, indices, and currencies.
  • There are no commissions when placing a CFD trade on the Plus500 platform but there are some other fees to be aware of.
  • The platform offers a range of features including a demo account, alerts, market news, and an economic calendar.
  • There are platforms that offer more markets than Plus500.

Pros

  • With Plus500, you can trade CFDs on a range of assets including shares, currencies, indices, and ETFs.
  • There are no commissions when placing a CFD trade on Plus500’s platform.
  • Plus500 offers a range of features to help traders navigate the markets and capitalise on opportunities including charting tools, alerts, an economic calendar, and market news.

Cons

  • Other platforms offer more markets than Plus500.
  • You can only trade CFDs on the platform (you can’t invest in stocks directly).
  • You can’t contact the company by telephone if you require support.
  • Pricing
    (4.5)
  • Market Access
    (4.5)
  • Online Platform
    (4)
  • Customer Service
    (4)
  • Research & Analysis
    (4)
Overall
4.2

IG: Best broker for Dow spread betting

  • Costs & spreads: 2.4
  • Minimum deposit: £250
  • Overnight financing: 2.5% +/- SOFR
  • Account types: CFDs & spread betting

69% of retail investor accounts lose money when trading CFDs and spread bets with this provider.

IG Review
Good Money Guide Recommended 2024

Name: IG

Description: Founded in 1974 as Investors Gold Index, then IG Index, now just “IG” is one of the world’s largest margin trading brokers. IG offer CFDs, FX and Spread Betting (in the UK) alongside share trading and prime brokerage to over 313,000 active clients and offers 17,000 tradable markets. IG also recently introduced physical share dealing and smart portfolios for longer-term investors.
69% of retail investor accounts lose money when trading CFDs and spread bets with this provider.

Is IG a good trading platform?

Yes, IG provides an excellent all-round trading and investing brokerage service. IG pioneered online trading and financial spread betting for private clients and remains not only one of the largest online trading platforms, but also one of the best. IG stands out through deep liquidity, high market range and excellent added value such as trading tools and analysis.

Pros

  • Vast range of markets
  • Excellent liquidity & DMA equities
  • Listed on the London Stock Exchange

Cons

  • Customer service can be slow
  • No DMA futures trading
  • Still charges inactivity fee
  • Pricing
    (4.5)
  • Market Access
    (5)
  • Online Platform
    (5)
  • Customer Service
    (4)
  • Research & Analysis
    (5)
Overall
4.7

Interactive Brokers: Discount DJIA trading & investing

  • Costs & spreads: 0.005%
  • Minimum deposit: $2,000
  • Overnight financing: 1.5% +/- SOFR
  • Account types: CFDs, DMA, futures & options

60% of retail investor accounts lose money when trading CFDs with this provider

Interactive Brokers Review
Good Money Guide Recommended 2024

Name: Interactive Brokers

Description: Interactive Brokers is a major US online automated electronic broker company. The financial broker is listed on the Nasdaq Exchange with ticker IBKR. The firm operates in 150 electronic exchanges in 33 countries, and offers trading in 23 currencies. Interactive Brokers has more than 1.75 million institutional and retail customers.

Why we like them

Interactive Brokers is an exceptional trading platform that offers institutional-grade trading capabilities to private clients around the world. IBKR has some of the lowest trading and investing fees and the widest market range in the industry.

Pros

  • Very low dealing fees
  • Wide market range
  • Direct market access
  • Complex order types

Cons

  • Customer services can be slow
  • Pricing
    (5)
  • Market Access
    (5)
  • Apps & Platform
    (5)
  • Customer Service
    (3)
  • Research & Analysis
    (5)
Overall
4.6

CMC Markets: Best broker for US30 CFD trading

  • Costs & spreads: 2
  • Minimum deposit: £1
  • Overnight financing: 2.9% +/- SOFR
  • Account types: CFDs & spread betting

74% of retail investor accounts lose money when trading CFDs with this provider

CMC Markets Review
Good Money Guide Recommended 2024

Name: CMC Markets

Description: CMC Markets is one of the original spread betting and CFD brokers based in the UK. They have been providing forex trading services since 1989 and are now listed on the London Stock Exchange. The broker has over 300,000 active clients trading online and is operated from 13 global offices, with headquarters in The City of London.
68% of retail investor accounts lose money when trading CFDs with this provider

Is CMC Markets legit?

Yes, CMC Markets has always offered, and still does one of the best trading platforms for high-frequency and active traders. It’s a good choice for those who want to trade on tight spreads, with a platform built on exceptional tech.

Pros

  • Excellent trading platform
  • Good liquidity
  • Unique sentiment tools

Cons

  • Trading only, no investing account
  • Limited smaller cap stocks
  • Pricing
    (5)
  • Market Access
    (4)
  • Online Platform
    (5)
  • Customer Service
    (4)
  • Research & Analysis
    (5)
Overall
4.6

XTB: Good DJIA trading educational material

  • Costs & spreads: 3
  • Minimum deposit: £1
  • Equity overnight financing: -0.02341% / -0.00159% DAILY
  • Account types: CFDs

81% of retail investor accounts lose money when trading CFDs with this provider

XTB Review
Good Money Guide Recommended 2024

Name: XTB

Description: XTB is a CFD and forex broker headquartered in Poland and listed on the Warsaw Stock Exchange (WSE:XTB) valued at over $1bn.  XTB was founded in 2003 and offers forex, indices, commodities, ETF and stock CFD trading. XTB has historically used celebrity endorsements to promote it’s brand including Jose Mourinho, Conor McGregor, Joanna Jędrzejczyk and Jiří Procházka.
76% of retail investor accounts lose money when trading CFDs with this provider

Summary

XTB, are a decent all-round trading platform and a good choice for most small-to-medium sized CFD traders. They are publically listed in Poland and offer, competitive spreads on a fairly wide range of markets.

The key things to focus on when considering trading with XTB are:

  1. They have their own proprietary trading platform. When I interviewed Omar Arnaout, the XTB CEO Omar Arnout, he said “I’m really proud of our platform and honestly believe it’s one of the best in the market.” Rightly so.
  2. They really push client education, XTB won “Best Trading Platform Education” in our 2023 awards (although they didn’t show up to collect the trophy, they never do). You can read their Q&A on forex education here.
  3. Customer service is paramount. Omar said that “first and foremost is the customer service”. I really agree with this as I think it’s important to have a few different trading accounts (diversify, diversify, diversify) and you’ll trade more with the broker that treats you best.

Pros

  • Publically listed
  • Mulitple platform choices
  • Innovative order types

Cons

  • Not UK based
  • No DMA
  • Pricing
    (4)
  • Market Access
    (4)
  • Online Platform
    (4)
  • Customer Service
    (4)
  • Research & Analysis
    (4)
Overall
4

Saxo Markets: Best broker for Dow futures & ETF trading

  • Costs & spreads: 3
  • Minimum deposit: £500
  • Overnight financing: 2.5% +/- SAXO RATE
  • Account types: CFDs, futures & options

70% of retail investor accounts lose money when trading CFDs with this provider

Saxo Review
Good Money Guide Recommended 2024

Name: Saxo

Description: Saxo is one of the largest CFD brokers worldwide and provides direct market access to equities, bonds, forex, futures and options as well as being a major liquidity and infrastructure provider to wealth managers, banks and smaller brokers.
65% of retail investor accounts lose money when trading CFDs with this provider

Is Saxo Markets a good broker?

Yes, Saxo is a good choice for more sophisticated traders. The platform, analysis, and direct market access may be too complicated for beginners. But, for experienced traders its coverage, commissions and research are unrivalled.

Pros

  • Direct market access
  • Low commissions
  • Robust trading platform

Cons

  • Seen as a trading platform for professionals
  • Pricing
    (4.5)
  • Market Access
    (4.5)
  • Online Platform
    (5)
  • Customer Service
    (4.5)
  • Research & Analysis
    (4.5)
Overall
4.6

eToro: Copy other people’s Dow trading

  • Costs & spreads: 6
  • Minimum deposit: $50
  • Overnight financing: 6.4% +/- SOFR
  • Account types: CFDs

51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money

eToro Review
Good Money Guide Recommended 2024

Name: eToro

Description: eToro is a social trading platform that lets their users share new and existing CFD positions and their investment portfolios. eToro was founded in 2007 in Tel Aviv, Isreal and has grown to offer investing and trading on 3,000 global assets (including real cryptocurrencies) to 30 millions users worldwide.
51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money

Is eToro a good broker?

Yes, eToro does have its flaws for experienced investors, but if you are just getting started eToro is a great introduction to financial markets. eToro is actually a very innovative trading platform offering copy trading, social networking and unleveraged CFDs.

Pros

  • Really simple to use
  • Social and copy-trading
  • Set your own leverage
  • Pre-built sector portfolios

Cons

  • Can only trade and invest in USD
  • No SIPPs or ISA
  • No direct market access
  • Pricing
    (4)
  • Market Access
    (4)
  • Online Platform
    (4.5)
  • Customer Service
    (4)
  • Research & Analysis
    (4)
Overall
4.1

How can you trade the Dow Jones Index?

There are multiple financial products derived from the underlying DJ Industrials Index that you can trade with, including:

  • Futures – buy a certain amount for a set period in the future
  • Options – hedge or speculate through puts and calls
  • Exchange-Traded Funds – funds that track the DJIA performance
  • Investment Funds – funds that contain Dow stocks
  • Spread betting – betting on the Dow Jones price movements
  • Contracts for difference – trading based on the opening and closing price of  your position

Read the GMG Guide on Index Trading.

Why is the Dow Jones so popular for traders?

DJ Industrials is often seen as one of the barometers of Wall Street. Given its components, Dow is often seen as a ‘Blue Chip’ index. Investors and traders often like to trade this index:

  • Dow offers good liquidity
  • Dow has a long history, thus allowing investors to compare price movements easily
  • Dow has been a good performer since 2009.

This Index is volatile enough to attract traders. Thus add liquidity of the index.

What moves the Dow Jones price up and down?

Stock markets are driven by a wide variety of factors, including some of the following:

  • Macro factors (e.g. GDP, unemployment, business indicators etc)
  • Monetary factors (e.g., Quantitative Easing, rates movements, yield curve etc)
  • Technical factors (e.g., new highs)

If you are trading INDU short term, you will need to pay attention to news flow and data announcements because they can have massive impact on the index over the short term.

Another area to watch out for are Federal Reserve meetings and the release of FOMC minutes. Any change in interest rates beyond market expectations can cause violent swings in the SPX. For example, if investors were expecting a 0.25% hike but the central bank raised it by 0.5% – this may cause prices swing massively after the announcement.

Studying the reaction of the market to these factors are important.

Trading the Dow Jones using technical indicators

To trade the Dow profitably requires a good trading strategy, of which technical indicators may come in handy. Technical indicators include:

For example, you may use the moving averages to judge whether the index is still trending or due for a reaction.

Another favourite indicator is a break of resistance or support levels. Look at the DJ Industrials ETF (DIA) below. It was clear that the breakout above the 275 key resistance last month resulted in a rally into 280 (see below). This resistance, now broken, may even convert into resistance.

Bear in mind, however, the different traders will gravitate towards different trading styles. Therefore you must find the technical indicators that best support your trading objectives.

Dow Jones index versus the S&P 500

For half a century after its inception, the Dow was the most-followed index because of its history and prestige. But as the US economy expanded massively after 1950, Dow’s thirty components gradually under-represented the economy. These days, investors tend to use the S&P 500 as the benchmark. Still, the Dow is a widely-quoted index.

Dow Jones alternative indices for trading

You can read about the major indices in our guide to the best indices for index trading.

⚠️ FCA Regulation

All US30 trading platforms that operate in the UK must be regulated by the FCA. The FCA is the Financial Conduct Authority and is responsible for ensuring that UK DJIA trading platforms are properly capitalised, treat customers fairly and have sufficient compliance systems in place. We only feature Dow Jones trading platforms that are regulated by the FCA, where your funds are protected by the FSCS.

Dow Jones Trading FAQs:

The Dow Jones was formulated in 1896 by Charles Dow and currently has only 30 component stocks. Although only containing a small number of stocks, they are some of the most valuable and profitable stocks publically traded in the US.

The Dow is not cap-weighted but price-weighted.

The biggest ETF based on the DJ Industrials Index is the SPDR Dow ETF (ticker: DIA).

You can trade the Dow through the brokers listed in our Dow Jones trading platform comparison.

Brokers who offer CFDs or OTC derivatives based on the DJIA call it Wall Street or US30 because of the cost of licencing the Dow Jones Index. Trading platforms that offer direct market access through Futures tend to call it by its correct futures contract name.

This article contains affiliate links which may earn us some form of income if you go on to open an account. However, if you would rather visit the Dow Jones brokers platforms via a non-affiliate link, you can view their DJIA trading pages directly here:

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