Best Brokers With Bracket Orders 2025
Bracket orders let traders automate risk management and profit targets by setting stop-loss and take-profit levels in advance – perfect for maintaining discipline and structure. Explore our top brokers with bracket orders, all personally vetted to support this powerful feature.
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1Plus500 is a reputable broker that began operating in the US in 2021. It is accredited by the CFTC and NFA to provide futures trading on forex, indices, commodities, cryptocurrencies, and interest rates. The creation of an account on Plus500 takes only 10 minutes, and you need a minimum of $100 to start trading. Its user-friendly web platform makes it a strong choice for US traders.
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.5 NinjaTrader is a US-based brokerage regulated for trading futures. It offers three different pricing plans for varied needs and budgets, along with extremely low margins on popular contracts. The company's renowned charting software and trading platform provides extensive customization options and excellent technical analysis features. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.3 Interactive Brokers (IBKR) is a top brokerage firm offering access to 150 markets in 33 countries and a range of investment services. With 40 years in the field, this company listed on Nasdaq strictly follows the rules set by authorities such as the SEC, FCA, CIRO, and SFC. It's recognized as one of the most reliable brokers for global trading. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 3.4 eToro is a platform for social investing that provides options for both short and long-term trading on stocks, ETFs, options, and crypto. The platform is recognized for its easy-to-use, community-oriented interface and reasonable fees. With oversight from FINRA and SIPC, and used by millions globally, eToro is a reputed name in the industry. Trading on eToro is facilitated by eToro USA Securities, Inc. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.5 Established in 1999, FOREX.com is part of StoneX, a global financial services company that serves over a million customers. It's regulated in the US, UK, EU, Australia, and other countries. The broker offers a wide range of markets beyond forex and provides competitive pricing on advanced platforms.
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Broker Popularity
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Broker | Popularity |
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Interactive Brokers |
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eToro USA |
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NinjaTrader |
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FOREX.com |
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Why Trade With Plus500 US?
Plus500 US is an excellent choice for beginners, offering a user-friendly platform, low trading margins, and access to the Futures Academy to improve trading skills. Its strong tools and reliable service earned it second place in DayTrading.com's 'Best US Broker' award.
Pros
- The Futures Academy is a useful resource for beginner traders due to its captivating videos and simple articles. Its unrestricted demo account is also beneficial for practicing trading strategies.
- The account setup, pricing structure, and web platform make futures trading simpler than competitors like NinjaTrader.
- Plus500 US stands out due to its affordable fees for trading. It offers competitive margins and does not charge for inactivity, live data, routing, or platform usage.
Cons
- Despite its competitive pricing, Plus500 US does not offer a discount for high-volume traders, a feature that brokers such as Interactive Brokers provide.
- Testing showed fast response times for support, but phone aid is not available.
- Plus500 US presently offers about 50 futures for trading, but currently does not provide stocks.
Why Trade With NinjaTrader?
NinjaTrader consistently satisfies active futures traders with its low-cost service and high-quality analysis tools. It offers superior charting features, including hundreds of indicators and over 10 chart types.
Pros
- NinjaTrader is a well-regarded and acclaimed futures broker, approved by the NFA and CFTC.
- Low costs, with $50 trading margins and commissions starting at $.09 per micro contract.
- Traders can access a free platform and trade simulation capabilities with the unlimited demo.
Cons
- Some payment methods require a withdrawal fee.
- The advanced trading tools require an additional fee.
- You need to register with partner brokers to trade in securities other than forex and futures.
Why Trade With Interactive Brokers?
Interactive Brokers is ideal for seasoned traders due to its robust charting platforms, updated data, and adaptability, especially with the IBKR Desktop application. Its exceptional pricing and advanced order features appeal to traders, and its variety of stocks remains unmatched in the market.
Pros
- Interactive Brokers was named Best US Broker for 2025 by DayTrading.com for its dedication to US traders, ultra-low margin rates, and affordable global market access.
- IBKR is a highly regarded brokerage, regulated by prime authorities. This ensures the safety and reliability of your trading account.
- There's a large selection of free or paid research subscriptions available to all traders. If you subscribe to Toggle AI, you will also receive commission refunds from IBKR.
Cons
- IBKR offers many research tools. However, the tools are not uniformly distributed across trading platforms and the web-based 'Account Management' page, causing confusion for the users.
- TWS's platform may be difficult for beginners to grasp because of its complexity. Plus500's web platform, on the other hand, is more appropriate for those new to trading.
- Only one active session per account is allowed, which means you can't run the desktop version and mobile app at the same time. This can sometimes lead to a frustrating trading experience.
Why Trade With eToro USA?
eToro is a top choice for traders due to its top-notch social investing and copy trading services. The broker caters well to new traders with its low deposit requirement, commission-free trading, and user-friendly platform.
Pros
- The broker's Academy provides extensive educational resources for traders, ranging from beginners to advanced levels.
- A free demo account enables new users and potential traders to test the broker without risk.
- Traders can use Smart Portfolios for a simpler approach, covering multiple sectors and markets like renewable energy and artificial intelligence.
Cons
- There are fewer trading options available, including only stocks, ETFs, and cryptos, compared to competitors.
- Traders used to third-party charting tools won't find MetaTrader 4 platform integration.
- Average fees can reduce the profits of traders.
Why Trade With FOREX.com?
FOREX.com is a top-tier brokerage suitable for forex traders of all skill levels. It offers more than 80 currency pairs, has small spreads starting from 0.0 pips, and features low fees. The platform provides powerful charting tools that include over 100 technical indicators and multiple research aids.
Pros
- FOREX.com provides top-tier forex pricing beginning at 0.0 pips. They also offer competitive cashback rebates up to 15% for dedicated traders.
- FOREX.com has over 20 years of experience with strong regulatory oversight, and has received multiple awards, including second place in our 'Best Forex Broker' awards. As such, FOREX.com is globally reputed as a reliable trading brokerage.
- Numerous educational materials such as tutorials, webinars, and a comprehensive YouTube channel are available to assist you in learning about the financial markets.
Cons
- US clients do not have negative balance protection, so you can potentially owe more than your original account deposit.
- FOREX.com has expanded their trading offerings, but these remain limited to forex and CFDs. Unfortunately, they don't provide options to invest in actual stocks, ETFs, or cryptocurrencies.
- The funding options are not as extensive as those of top competitors such as IC Markets and lack several widely-used e-wallets, particularly UnionPay and POLi.
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Understanding Bracket Orders in Trading
Bracket orders are a tool that traders use to manage their trades effectively. It helps them set a plan for how much profit they want to take and how much loss they are willing to accept when they execute a trade. This involves setting both a stop loss (to limit losses) and a take profit (to secure gains) order simultaneously.
Why Use Bracket Orders?
Bracket orders allow you to:
- Program your trade in advance, reducing the need to constantly monitor the market.
- Stick to a disciplined trading plan by pre-setting your price goals.
Top Brokers Offering Bracket Orders
If you’re interested in using bracket orders, consider these brokers:
Interactive Brokers
Interactive Brokers is known for offering advanced trading options, including bracket orders. You can easily set up a bracket order in their trading software by following six simple steps. They provide excellent educational resources, including tutorials to help beginners learn about bracket orders.
NinjaTrader
NinjaTrader specializes in futures trading and also supports bracket orders. Setting up a bracket order involves selecting your custom strategy, setting stop loss and take profit levels, and placing an entry order. NinjaTrader is praised for its advanced charting features, offering a variety of charts and indicators.
Moomoo
Moomoo is recognized for its user-friendly mobile trading app and supports bracket orders through easy steps. Its simplicity and access to a wide range of stocks make it an excellent option for new traders.
How We Selected The Best Brokers
We chose these trading platforms based on:
- A rating of at least 3.8 out of 5 in our review process.
- Verified support for bracket orders.
- Approval from reliable regulatory authorities with at least 5 years in the online trading sector.
What Are Bracket Orders?
In simple terms, a bracket order is a trade setup where a market or limit order is placed along with a stop loss and a take profit order. This setup creates a ‘bracket’ that locks in your expected price range for gains and losses.
Bracket orders are particularly useful to:
- Lock in price targets and manage risky trades.
- Save time and reduce risks of sudden price changes.
How to Place a Bracket Order
To place a bracket order, follow these steps:
- Open an account with a broker that supports bracket orders.
- Select the instrument you wish to trade.
- Use charts to decide your entry point and exit limits (stop loss and take profit).
- Place and confirm your bracket order through the platform.
Example
Suppose the British pound (GBP) is trending down against the US dollar (USD). You expect the price to rise slightly before continuing its decline. You enter the trade around a price of 1.26980, set a stop loss at 1.26800 to minimize potential losses, and a take profit order at 1.27150 to secure potential gains. When the price moves as expected, the take profit order is executed, yielding a 17-pip profit.
Pros and Cons of Bracket Orders
Pros
- Automates the trading process, executing all orders at once.
- Encourages adherence to a pre-set trading plan, minimizing impulsive decisions.
Cons
- Pre-defined limits can result in missed opportunities if the price exceeds expectations.
- Not all brokers support bracket orders, limiting options.
- Requires a good understanding of setting suitable price limits.
FAQ
What Is a Bracket Order?
A bracket order combines stop loss and take profit orders with a main order, creating a ‘bracket’ to define potential losses or gains based on price movements.
Which Broker is the Best for Bracket Orders?
Interactive Brokers stands out as the best option for bracket orders. Their advanced trading software, competitive pricing, and fast execution make it an excellent choice for traders.