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Dow Jones Brokers 2024

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Written By
James Barra
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Written By
James Barra
James is an investment writer with a background in financial services. As a former management consultant, he has worked on major operational transformation programmes at prominent European banks. James authors, edits and fact-checks content for a series of investing websites.
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Edited By
Jemma Grist
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Edited By
Jemma Grist
Jemma is a writer, editor and fact-checker focused on retail trading and investing. Jemma brings a unique perspective to the forex, stock, and cryptocurrency markets and works across several investment websites as a researcher and broker analyst.
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Fact Checked By
William Berg
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Fact Checked By
William Berg
William contributes to several investment websites, leveraging his experience as a consultant for IPOs in the Nordic market and background providing localization for forex trading software. William has worked as a writer and fact-checker for a long row of financial publications.
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Updated
Oct 2, 2024

The Dow Jones was founded in 1882 by Charles Dow, Edward Jones and Charles Bergstresser. Over the next century, the company grew into one of the biggest players in the financial and business news industry.

The firm has also created various market averages, the most famous of these being the Dow Jones Industrial Average (DJIA). Today, a long list of online traders turn to Dow Jones brokers to speculate on some of the world’s leading companies, including Apple and Microsoft.

This article will guide you through the information you need to know about trading on the Dow Jones, alongside its history, popular trading strategies, and more. We also list the best brokers with access to the Dow Jones in 2024.

Dow Jones Brokers

These are the 10 best brokers for trading on the Dow Jones:

Click a broker for details
  1. 1
    FOREX.com
    Active Trader Program With A 15% Reduction In Costs
    Ratings
    4.9 / 5
    4 / 5
    4.3 / 5
    4.6 / 5
    4.6 / 5
    4.3 / 5
    4.8 / 5
    4.5 / 5
    3.6 / 5
    3.8 / 5
    $100
    0.01 Lots
    1:50
    NFA, CFTC
    Forex, Stocks, Futures, Futures Options
    MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral
    Wire Transfer, Credit Card, Debit Card, Visa, Mastercard, Skrill, Neteller, ACH Transfer
    USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN
    Go To FOREX.com
  2. 2
    eToro USA
    Invest $100 and get $10
    Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk. https://www.daytrading.com/ is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.
    Ratings
    4.3 / 5
    3 / 5
    3.9 / 5
    3.4 / 5
    4 / 5
    3 / 5
    4.3 / 5
    4.5 / 5
    4.3 / 5
    4 / 5
    $100
    $10
    SEC, FINRA
    Stocks, Options, ETFs, Crypto
    eToro Trading Platform & CopyTrader
    ACH Transfer, Debit Card, PayPal, Wire Transfer
    USD
    Go To eToro USA
  3. 3
    IG
    Forex trading involves risk. Losses can exceed deposits.
    Ratings
    4.9 / 5
    4 / 5
    4.5 / 5
    3.5 / 5
    4.9 / 5
    4.5 / 5
    4.9 / 5
    5 / 5
    4.6 / 5
    4 / 5
    $0
    0.01 Lots
    1:30 (Retail), 1:250 (Pro)
    FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA, FINMA, CONSOB, AFM
    CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting
    Web, ProRealTime, L2 Dealer, MT4, TradingView, AutoChartist, TradingCentral
    PayPal, Wire Transfer, Mastercard, Credit Card, Visa, Debit Card
    USD, EUR, GBP, CAD, AUD, JPY, ZAR, SEK, DKK, CHF, HKD, SGD
    Go To IG
  4. 4
    Pocket Option
    50% Deposit Bonus
    Ratings
    2 / 5
    3.5 / 5
    2.5 / 5
    3.5 / 5
    3.3 / 5
    3.3 / 5
    3 / 5
    3.5 / 5
    4 / 5
    4.2 / 5
    $50
    $1
    MISA
    Binary Options, Currencies, Commodities, Stocks, Indices, Cryptos
    Web, MT4, MT5
    Wire Transfer, Credit Card, Bitcoin Payments, Volet, Perfect Money, Visa, Mastercard, Debit Card, WebMoney, FasaPay, Ethereum Payments, Maestro, JetonCash, Airtel
    USD
    Go To Pocket Option
  5. 5
    RedMars
    Ratings
    3.3 / 5
    3.5 / 5
    3.8 / 5
    3.5 / 5
    3.8 / 5
    4 / 5
    2.8 / 5
    3 / 5
    4.7 / 5
    4.6 / 5
    €250
    0.01 Lots
    1:30 (Retail), 1:500 (Pro)
    CySEC, AFM
    CFDs, Forex, Stocks, Indices, Commodities, Cryptos
    MT5
    Credit Card, Wire Transfer, Debit Card, Sticpay, FasaPay, Bitcoin Payments, Trustly, PayPal, Skrill, Neteller, Klarna, Mastercard, Visa
    USD, EUR
    Go To RedMars
  6. 6
    Capitalcore
    40% Deposit Bonus up to $2,500
    Ratings
    3.3 / 5
    3.8 / 5
    3.5 / 5
    3 / 5
    3.8 / 5
    3.5 / 5
    2.5 / 5
    3.5 / 5
    0 / 5
    0 / 5
    $10
    0.01 Lots
    1:2000
    IFSA
    Forex, Metals, Stocks, Cryptos, Futures Indices
    WebTrader, Pro
    Ethereum Payments, Mastercard, Visa, Perfect Money, Bitcoin Payments, Debit Card, Credit Card, PayPal
    USD
    Go To Capitalcore
  7. 7
    Videforex
    20% to 200% Deposit Bonus
    Ratings
    2.5 / 5
    3 / 5
    3.5 / 5
    3.3 / 5
    3.5 / 5
    4.5 / 5
    1.3 / 5
    1.3 / 5
    4.1 / 5
    4.4 / 5
    $250
    $0.01
    1:500
    Binary Options, CFDs, Forex, Indices, Commodities, Crypto
    TradingView
    Skrill, Perfect Money, Bitcoin Payments, Neteller, Credit Card, Visa, Mastercard, Ethereum Payments
    USD, EUR, GBP, AUD, RUB
    Go To Videforex
  8. 8
    xChief
    $100 No Deposit Bonus
    Ratings
    4 / 5
    3.8 / 5
    3.7 / 5
    3 / 5
    4.3 / 5
    3.5 / 5
    3.5 / 5
    3.3 / 5
    0 / 5
    0 / 5
    $10
    0.01 Lots
    1:1000
    ASIC
    CFDs, Forex, Metals, Commodities, Stocks, Indices
    MT4, MT5
    Wire Transfer, Bitcoin Payments, Credit Card, UnionPay, Skrill, Neteller, WebMoney, Perfect Money, Debit Card, Ethereum Payments, FasaPay, Volet
    USD, EUR, GBP, JPY, CHF
    Go To xChief
  9. 9
    Empower
    Ratings
    4 / 5
    3.5 / 5
    3.8 / 5
    3.8 / 5
    3.5 / 5
    4 / 5
    1.3 / 5
    1.3 / 5
    0 / 5
    0 / 5
    $1 (Cash), $100,000 (Robo Advisor)
    Variable
    SEC, FINRA
    Stocks, ETFs, Mutual Funds, Fixed Income
    Own
    Wire Transfer
    USD
    Go To Empower
  10. 10
    Plexytrade
    120% Cash Welcome Bonus
    Ratings
    1.5 / 5
    2.5 / 5
    2.5 / 5
    3.3 / 5
    2.5 / 5
    3.5 / 5
    0.5 / 5
    0.5 / 5
    4.8 / 5
    4.7 / 5
    $50
    0.01
    1:2000
    CFDs, Forex, Indices, Stocks, Commodities, Crypto
    MT4, MT5
    Bitcoin Payments, Ethereum Payments
    USD, EUR
    Go To Plexytrade

Here is a short overview of each broker's pros and cons

  1. FOREX.com - Founded in 1999, FOREX.com is now part of StoneX, a financial services organization serving over one million customers worldwide. Regulated in the US, UK, EU, Australia and beyond, the broker offers thousands of markets, not just forex, and provides excellent pricing on cutting-edge platforms.
  2. eToro USA - eToro is a social investing platform that offers short-term and long-term trading on stocks, ETFs, options and crypto. The broker is well-known for its user-friendly community-centred platform and competitive fees. With FINRA and SIPC oversight and millions of users across the world, eToro is still one of the most respected brands in the industry. eToro securities trading is offered by eToro USA Securities, Inc.
  3. IG - Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand-US offers spread betting, CFD and forex trading across an almost unrivalled selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.
  4. Pocket Option - Established in 2017, Pocket Option is a binary options broker offering high/low contracts on forex, stocks, indices, commodities and cryptocurrencies. With over 100,000 active users and a global reach, the platform continues to prove popular with budding traders.
  5. RedMars - Launched in 2020, Cyprus-based RedMars offers competitive spreads on more than 300 instruments and leverage up to 1:500. Three accounts are available - Standard, Pro and VIP - serving a range of budgets and experience levels, with a fast and fully digital account opening process.
  6. Capitalcore - Capitalcore is an offshore broker, based in Saint Vincent and the Grenadines and established in 2019. Traders can choose from four accounts (Classic, Silver, Gold, VIP) with lower spreads and larger bonuses as you move through the tiers. Where Capitalcore distinguishes itself is its high leverage up to 1:2000 and zero swap fees, though these don’t compensate for the weak oversight from the IFSA and paltry education and research.
  7. Videforex - Launched in 2017, Videforex offers access to stock, index, crypto, forex and commodities markets via binary options and CFDs. The proprietary platform, mobile app and integrated copy trading are user-friendly and will suit new and casual traders, and the market analysis tools and trading contests provide good ways to improve your trading skills.
  8. xChief - xChief is a foreign exchange and CFD broker, established in 2014. The company is based offshore and registered with the VFSC and FMA. Users can choose between a wide selection of accounts and base currencies, making ForexChief accessible to global traders. The brand also stands out for its no deposit bonus and fee rebates for high-volume traders.
  9. Empower - Empower, previously Personal Capital, is a US-based and SEC-regulated trading platform and advisory firm. Clients can access pensions, robo-advisors and do-it-yourself investing in stocks, mutual funds, fixed-income products and ETFs. Millions of clients trust Empower with their long-term investments, attracted by the suite of free financial planning tools and excellent reputation.
  10. Plexytrade - Established in 2024 and headquartered in Saint Lucia, Plexytrade is an ECN/STP broker. Geared towards active traders, it supports four account options, crypto deposits and withdrawals, plus very high leverage up to 1:2000 made possible by its unregulated status.

FOREX.com

"FOREX.com remains a best-in-class brokerage for active forex traders of all experience levels, with over 80 currency pairs, tight spreads from 0.0 pips and low commissions. The powerful charting platforms collectively offer over 100 technical indicators, as well as extensive research tools."

Christian Harris, Reviewer

FOREX.com Quick Facts

Bonus OfferActive Trader Program With A 15% Reduction In Costs
Demo AccountYes
InstrumentsForex, Stocks, Futures, Futures Options
RegulatorNFA, CFTC
PlatformsMT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral
Minimum Deposit$100
Minimum Trade0.01 Lots
Leverage1:50
Account CurrenciesUSD, EUR, GBP, CAD, AUD, JPY, CHF, PLN

Stock Exchanges

FOREX.com offers trading on 14 stock exchanges:

  • Australian Securities Exchange (ASX)
  • Borsa Italiana
  • CAC 40 Index France
  • DAX GER 40 Index
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hang Seng
  • Hong Kong Stock Exchange
  • IBEX 35
  • Japan Exchange Group
  • Nasdaq
  • S&P 500
  • SIX Swiss Exchange

Pros

  • There’s a wealth of educational resources including tutorials, webinars, and a stacked YouTube channel to help you get educated in the financial markets.
  • Alongside a choice of leading platforms, FOREX.com offers a superb suite of supplementary tools including Trading Central research, SMART Signals pattern scanner, trading signals, and strategy builders.
  • With over 20 years of experience, excellent regulatory oversight, and multiple accolades including runner-up in our 'Best Forex Broker' awards, FOREX.com boasts a global reputation as a trusted brokerage.

Cons

  • There’s no negative balance protection for US clients, so you may find yourself owing more money than your initial deposit into your account.
  • Demo accounts are frustratingly time-limited to 90 days, which doesn’t give you enough time to test day trading strategies effectively.
  • Despite increasing its range of instruments, FOREX.com's product portfolio is still limited to forex and CFDs, so there are no options to invest in real stocks, real ETFs or real cryptocurrencies.
Visit FOREX.com
FOREX.com Review

eToro USA

"eToro remains a top pick for traders looking for leading social investing and copy trading services. With a low deposit, zero commissions and an intuitive platform, the broker will meet the needs of newer day traders."

Jemma Grist, Reviewer

eToro USA Quick Facts

Bonus OfferInvest $100 and get $10
Demo AccountYes
InstrumentsStocks, Options, ETFs, Crypto
RegulatorSEC, FINRA
PlatformseToro Trading Platform & CopyTrader
Minimum Deposit$100
Minimum Trade$10
Account CurrenciesUSD

Stock Exchanges

eToro USA offers trading on 3 stock exchanges:

  • Dow Jones
  • New York Stock Exchange
  • S&P 500

Pros

  • eToro USA Securities is a trustworthy, SEC-regulated broker that is a member of FINRA and SIPC
  • A free demo account means new users and prospective day traders can try the broker risk-free
  • The online broker offers an intuitive social investment network with straightforward copy trading on cryptos

Cons

  • There's a narrower range of day trading instruments available compared to competitors, with only stocks, ETFs and cryptos
  • There's no MetaTrader 4 platform integration for traders who are accustomed to using third-party charting tools
  • Average fees may cut into the profit margins of day traders
Visit eToro USA
eToro USA Review

IG

"IG continues to provide a comprehensive package with an intuitive web platform, best-in-class education for beginners, advanced charting tools bolstered by its recent TradingView integration, real-time data, and fast execution speeds for experienced day traders."

Christian Harris, Reviewer

IG Quick Facts

Demo AccountYes
InstrumentsCFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting
RegulatorFCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA, FINMA, CONSOB, AFM
PlatformsWeb, ProRealTime, L2 Dealer, MT4, TradingView, AutoChartist, TradingCentral
Minimum Deposit$0
Minimum Trade0.01 Lots
Leverage1:30 (Retail), 1:250 (Pro)
Account CurrenciesUSD, EUR, GBP, CAD, AUD, JPY, ZAR, SEK, DKK, CHF, HKD, SGD

Stock Exchanges

IG offers trading on 20 stock exchanges:

  • Australian Securities Exchange (ASX)
  • Bombay Stock Exchange
  • Borsa Italiana
  • Deutsche Boerse
  • Dow Jones
  • Euronext
  • Hong Kong Stock Exchange
  • IBEX 35
  • Japan Exchange Group
  • Korean Stock Exchange
  • London Stock Exchange
  • National Stock Exchange Of India
  • Russell 2000
  • S&P 500
  • SIX Swiss Exchange
  • Shanghai Stock Exchange
  • Shenzhen Stock Exchange
  • Tadawul
  • Taiwan Stock Exchange
  • Toronto Stock Exchange

Pros

  • IG is amongst the best in terms of its range of instruments, which includes stocks, forex, indices, commodities, and cryptocurrencies, plus recently added US-listed futures and options, providing ample diversification opportunities.
  • The ProRealTime advanced charting platform is free as long as certain modest monthly trading activity requirements are met.
  • The proprietary web-based platform continues to caters to traders of all levels, with advanced charting tools and real-time market data useful for day trading, while IG has also added TradingView integration.

Cons

  • Stock and CFD spreads still trail the cheapest brokers like CMC Markets based on tests.
  • Beginners might find IG’s fee structure complex, with various fees for different types of trades or services, potentially leading to confusion or unexpected charges.
  • IG has discontinued its swap-free account, reducing its appeal to Islamic traders.
Visit IG
IG Review

Pocket Option

"Pocket Option excels for its easy-to-use web platform which provides a best-in-class user experience for short-term binary traders. The $50 minimum deposit is also accessible for beginners while opening an account is really easy. Looking at the negatives, Pocket Option still trails alternatives in its market offering and regulatory credentials."

Jemma Grist, Reviewer

Pocket Option Quick Facts

Bonus Offer50% Deposit Bonus
Demo AccountYes
InstrumentsBinary Options, Currencies, Commodities, Stocks, Indices, Cryptos
RegulatorMISA
PlatformsWeb, MT4, MT5
Minimum Deposit$50
Minimum Trade$1
Account CurrenciesUSD

Stock Exchanges

Pocket Option offers trading on 11 stock exchanges:

  • Australian Securities Exchange (ASX)
  • CAC 40 Index France
  • DAX GER 40 Index
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • IBEX 35
  • Japan Exchange Group
  • Nasdaq
  • New York Stock Exchange
  • S&P 500

Pros

  • Extremely fast and smooth sign-up process that takes less than 2 minutes
  • The MetaTrader platforms offer integrated analysis with helpful technical summaries for short-term traders
  • The range of payment methods beats the majority of rivals, providing fast, secure and convenient deposits for traders in most countries

Cons

  • The maximum binary contract length of 4 hours is restrictive for longer-term trading strategies. Alternatives like Videforex offer binaries up to 1 month
  • The MISA is a weak regulator with limited investor protection for retail traders
  • Pocket Option offers a slimmed down iteration of the MT4 and MT5 that doesn't provide the full charting package for advanced traders
Visit Pocket Option
Pocket Option Review

RedMars

"RedMars is the best fit for experienced day traders familiar with the MetaTrader 5 platform and based in the EU, where the broker is authorized by the CySEC. However, the threadbare education and research tools make it unsuitable for beginners."

Christian Harris, Reviewer

RedMars Quick Facts

Demo AccountYes
InstrumentsCFDs, Forex, Stocks, Indices, Commodities, Cryptos
RegulatorCySEC, AFM
PlatformsMT5
Minimum Deposit€250
Minimum Trade0.01 Lots
Leverage1:30 (Retail), 1:500 (Pro)
Account CurrenciesUSD, EUR

Stock Exchanges

RedMars offers trading on 15 stock exchanges:

  • Australian Securities Exchange (ASX)
  • CAC 40 Index France
  • DAX GER 40 Index
  • Dow Jones
  • Euronext
  • Hong Kong Stock Exchange
  • IBEX 35
  • Japan Exchange Group
  • London Stock Exchange
  • Nasdaq
  • National Stock Exchange Of India
  • New York Stock Exchange
  • S&P 500
  • Shanghai Stock Exchange
  • Shenzhen Stock Exchange

Pros

  • RedMars offers one of the best platforms for day trading, MT5, hosting 21 timeframes, dozens of analytical tools, flexible templates and algo trading
  • Clients in the EU, in particular, can trade with peace of mind knowing RedMars is authorized by the CySEC with up to €20K compensation available through the ICF in the event of bankruptcy
  • The broker is one of a limited number of firms to offer an account specially designed for VIPs with premium support and invites to exclusive events

Cons

  • While RedMars' spreads are within industry averages, they don't offer a significant edge over the cheapest day trading brokers we've personally used, notably IC Markets
  • With just 300 instruments, RedMars offers a narrow trading environment, particularly compared to category leaders like BlackBull Markets which offers 26,000 assets
  • The no-frills trading environment offers little beyond the basics, with no Islamic account, PAMM account or copy trading.
Visit RedMars
RedMars Review

Capitalcore

"The major selling points of Capitalcore are its high leverage options up to 1:2000 and zero commission or swap fees. However, its weak regulatory oversight from the IFSA and non-existent education place it far behind the top brokers."

Christian Harris, Reviewer

Capitalcore Quick Facts

Bonus Offer40% Deposit Bonus up to $2,500
Demo AccountYes
InstrumentsForex, Metals, Stocks, Cryptos, Futures Indices
RegulatorIFSA
PlatformsWebTrader, Pro
Minimum Deposit$10
Minimum Trade0.01 Lots
Leverage1:2000
Account CurrenciesUSD

Stock Exchanges

Capitalcore offers trading on 5 stock exchanges:

  • DAX GER 40 Index
  • Dow Jones
  • FTSE UK Index
  • Nasdaq
  • S&P 500

Pros

  • Capitalcore is one of the only brokers to charge zero swap fees, which may appeal to Islamic traders looking to comply with Islamic Finance.
  • Unlike most brokers, Capitalcore offers an unlimited demo account that takes under 5 minutes to open.
  • The support team are available 24/7 and responded within minutes during testing with helpful responses.

Cons

  • Platform support is limited to proprietary software, so there's no integration with the market-leading MetaTrader or cTrader, which offer built-in economic news and support automated trading.
  • The web platform was inconsistent during testing, with occasional technical glitches that meant the trading platform wouldn’t load.
  • Capitalcore’s threadbare education and research seriously trail category leaders like IG, making it less suitable for aspiring traders.
Visit Capitalcore
Capitalcore Review

Videforex

"Videforex will serve traders looking for a no-frills, easy-to-use platform to speculate on the direction of popular financial markets through binaries. With a sign-up process that takes a matter of minutes and a web-accessible platform, getting started is a breeze. "

William Berg, Reviewer

Videforex Quick Facts

Bonus Offer20% to 200% Deposit Bonus
Demo AccountYes
InstrumentsBinary Options, CFDs, Forex, Indices, Commodities, Crypto
PlatformsTradingView
Minimum Deposit$250
Minimum Trade$0.01
Leverage1:500
Account CurrenciesUSD, EUR, GBP, AUD, RUB

Stock Exchanges

Videforex offers trading on 7 stock exchanges:

  • Dow Jones
  • FTSE UK Index
  • Hong Kong Stock Exchange
  • IBEX 35
  • Nasdaq
  • S&P 500
  • SIX Swiss Exchange

Pros

  • Videforex is one of the few brokers with 24/7 multilingual video support, providing comprehensive assistance for active traders.
  • Videforex regularly runs trading contests, offering practice opportunities and cash prizes to beginners and experienced traders, with position sizes from just ¢0.01.
  • Traders can earn up to 98% payouts on 100+ assets with the broker’s binary options, bringing it in line with competitors like IQCent.

Cons

  • The absence of any educational tools is a serious drawback for newer traders who can find blogs, videos and live trading sessions at category leaders.
  • The client terminal needs improvements based on our latest tests, sporting sometimes slow and unresponsive widgets which could dampen the experience for day traders.
  • Videforex lacks authorization from a trusted regulator, meaning traders may receive little to zero safeguards like segregated client accounts.
Visit Videforex
Videforex Review

xChief

"xChief continues to prove popular with investors looking to trade highly leveraged CFDs on the popular MetaTrader platforms. The broker's rebate scheme and investment accounts will particularly appeal to seasoned traders. However, the lack of top-tier regulatory oversight is a major drawback."

William Berg, Reviewer

xChief Quick Facts

Bonus Offer$100 No Deposit Bonus
Demo AccountYes
InstrumentsCFDs, Forex, Metals, Commodities, Stocks, Indices
RegulatorASIC
PlatformsMT4, MT5
Minimum Deposit$10
Minimum Trade0.01 Lots
Leverage1:1000
Account CurrenciesUSD, EUR, GBP, JPY, CHF

Stock Exchanges

xChief offers trading on 14 stock exchanges:

  • Australian Securities Exchange (ASX)
  • CAC 40 Index France
  • DAX GER 40 Index
  • Deutsche Boerse
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hang Seng
  • Hong Kong Stock Exchange
  • IBEX 35
  • Japan Exchange Group
  • Nasdaq
  • New York Stock Exchange
  • S&P 500

Pros

  • Traders can access a copy trading solution via the MetaQuotes Signals service
  • The low minimum deposit of $10 will appeal to beginners, as well as the beginners’ guides in the Library
  • xChief delivers a high-quality day trading environment via the MT4 and MT5 platforms, with market-leading charts, indicators and tools

Cons

  • The broker trails competitors when it comes to research tools and educational resources
  • The total range of 150+ assets is much lower than most competitors who typically offer hundreds
  • xChief is an offshore broker with weak regulatory oversight from the VFSC, so traders will receive limited safeguards
Visit xChief
xChief Review

Empower

"Empower is best for hands-off investors looking for a US-regulated platform and robo-advisor with free financial planning services. However, investors need to be willing to make a large minimum investment and pay higher than average fees for premium services."

William Berg, Reviewer

Empower Quick Facts

Demo AccountNo
InstrumentsStocks, ETFs, Mutual Funds, Fixed Income
RegulatorSEC, FINRA
PlatformsOwn
Minimum Deposit$1 (Cash), $100,000 (Robo Advisor)
Minimum TradeVariable
Account CurrenciesUSD

Stock Exchanges

Empower offers trading on 4 stock exchanges:

  • Dow Jones
  • Nasdaq
  • New York Stock Exchange
  • S&P 500

Pros

  • Millions of active users and good industry reputation
  • Highly rated mobile app available on Apple and Android devices
  • Empower's advisory services are regulated by the SEC

Cons

  • $100,000 is needed for the robo-advisor service
  • No forex, commodity or crypto trading
  • Only available in the US
Visit Empower
Empower Review

Plexytrade

"Plexytrade is a newcomer in the brokerage scene with attention-grabbing features like 1:2000 leverage, zero spreads on select instruments and fast execution speeds of less than 46 milliseconds. However, the absence of regulation is a significant concern, while the non-existent research and educational tools place it far behind industry frontrunners."

Christian Harris, Reviewer

Plexytrade Quick Facts

Bonus Offer120% Cash Welcome Bonus
Demo AccountYes
InstrumentsCFDs, Forex, Indices, Stocks, Commodities, Crypto
PlatformsMT4, MT5
Minimum Deposit$50
Minimum Trade0.01
Leverage1:2000
Account CurrenciesUSD, EUR

Stock Exchanges

Plexytrade offers trading on 15 stock exchanges:

  • Australian Securities Exchange (ASX)
  • CAC 40 Index France
  • DAX GER 40 Index
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hang Seng
  • Hong Kong Stock Exchange
  • IBEX 35
  • Japan Exchange Group
  • Nasdaq
  • New York Stock Exchange
  • Russell 2000
  • S&P 500
  • SIX Swiss Exchange

Pros

  • US residents are accepted as clients, distinguishing Plexytrade as one of the rare offshore brokers that cater to US-based traders.
  • Despite lacking regulation, Plexytrade provides negative balance protection and reinforces safety protocols by holding client funds in segregated accounts.
  • There are various VPS packages starting from $50 per month, but they become complimentary once specific deposit thresholds are reached.

Cons

  • With around 100 instruments, Plexytrade restricts the flexibility of investors who prefer to trade across various assets, especially compared to Blackbull with its 26,000 securities.
  • Plexytrade lacks regulation in major jurisdictions, significantly increasing the risks of opening an account and depositing funds.
  • Deposits and withdrawals are exclusively facilitated through cryptocurrencies, as Plexytrade does not support bank cards, bank wire transfers, or e-wallets.
Visit Plexytrade
Plexytrade Review

How To Compare Dow Jones Brokers

Consider the following features when choosing between online brokers that support Dow Jones trading:

Platforms & Tools

The best platforms offered by Dow Jones brokers is, of course, a matter of personal preference. However, having the choice between third-party terminals or proprietary tools is worth looking out for.

In-built indicators such as the relative strength index (RSI), moving average convergence divergence (MACD) or stochastic oscillator may be useful when identifying patterns in the Dow Jones index.

The MetaTrader 4 platform, for example, offer 30+ integrated technical indicators without the need for separate downloads. Being able to simply plot these onto graphs and charts within one interface will be advantageous when speculating on the Dow Jones.

Instruments

This a prominent global index and so Dow Jones brokers may offer a range of investment products.

The simplest and often most cost-effective way to trade the Dow Jones is via an exchange-traded fund (ETF) or index-linked fund. Investing in these funds requires a smaller initial cash outlay whilst still providing a performance that mirrors that of the Dow Jones.

Alternatively, look out for Dow Jones brokers that also offer individual stocks. You should be able to trade shares of the 30 companies included in the Dow Jones.

Regulation

The best Dow Jones brokers will be regulated by top-tier financial authorities. Regulated brokers are considered the safest option and will provide capital protection and safeguarding initiatives for all retail traders.

Many Dow Jones brokers are registered with the US Securities and Exchange Commission (SEC). Examples include Interactive Brokers. The National Futures Association (NFA) safeguards the integrity of the securities markets within the USA. Check whether your online broker is a member via the official website.

Fees

Commissions and spreads can make a big difference to your overall profit. Fidelity, for example, offers commission-free investing on US stocks and ETFs.

As well as direct fees, Dow Jones brokers with low non-trading costs such as deposit and withdrawal charges, inactivity fees, and account maintenance costs should rank highly. Additionally, if you are trading with Dow Jones brokers that only permit account denominations in USD, you may be liable for currency conversion fees.

News

Access to live data and the latest company news is important for all index trading. However, the association of the Dow Jones group with well-regarded publications is a significant advantage. Dow Jones brokers that provide retail clients with free access to Dow Jones Newswires should be a key consideration.

The company publishes daily news items including exclusive content from The Wall Street Journal, Barron’s, and MarketWatch covering all asset classes and markets worldwide. Having this information directly available via your broker’s platform will save time and hassle.

Interactive Brokers, for example, integrates Dow Jones stock market insights and financial analysis into its service offering.

What Is The Dow Jones?

Dow Jones is known for founding one of the most prominent indices: the Dow Jones Industrial Average. The DJIA is formed of 30 significant companies listed on stock exchanges in the United States.

The company also created and runs the Wall Street Journal, which remains one of the most influential financial publications to this day. One of the co-founders, Charles Dow, wanted to give investors predictions that would help to show whether the stock market was rising or falling.

The first index created by Dow consisted of 12 companies and the first recorded value of the Dow Jones Index, 40.94, was calculated by taking a market average of these firms. The top Dow Jones brokers offer access to the latest evolution of this index in 2024.

Dow also believed that it was possible to predict the movement in stocks based on the price movement of different types of equities. According to Dow Theory, an increase in industrial stocks will result in a similar trend in transportation stocks, for example. These averages can be used to try and predict the movement in share prices across various industries.

History

In 1882, Dow Jones was owned by its three founders Charles Dow, Edward Jones and Charles Bergstresser. Ownership then changed in 1902 when Dow died and the company was bought by Jessie Waldron and Clarence Barron. This pair eventually passed control to the Bancroft Family, who retained ownership until 2007 when Dow Jones and company was bought by News Corp.

Key milestone history dates include:

Note, head to the official website for details on quarterly returns and daily trade volumes. The best Dow Jones brokers also provide information on investing metrics.

What Companies Are In The Dow Jones?

Like the S&P 500 and Nasdaq 100, the Dow Jones is one of the most prominent indices in the world. This is the list of companies included in the DJIA, along with the year they joined the index:

  1. American Express Co – 1982
  2. Amgen – 2020
  3. Apple Inc – 2015
  4. Boeing Co – 1987
  5. Caterpillar Inc – 1991
  6. Cisco Systems – 2009
  7. Chevron Corp – 2008
  8. Goldman Sachs Group – 2013
  9. Home Depot Inc – 1999
  10. Honeywell International Inc – 2020
  11. International Business Machines Corp – 1979
  12. Intel Corp – 1999
  13. Johnson & Johnson – 1997
  14. Coca-Cola Co – 1987
  15. JP Morgan Chase & Co – 1991
  16. McDonald’s Corp – 1999
  17. 3M Co – 1976
  18. Merck & Co Inc – 1979
  19. Microsoft Corp – 1999
  20. Nike Inc – 2013
  21. Procter & Gamble Co – 1932
  22. Travellers Companies Inc – 2009
  23. UnitedHealth Group Inc – 2012
  24. Salesforce Inc – 2020
  25. Verizon Communications Inc – 2004
  26. Visa Inc – 2013
  27. Walgreens Boots Alliance Inc – 2018
  28. Walmart – 1997
  29. Walt Disney Co – 1991
  30. Dow Inc – 2019

Keep an eye on the official index for the top stocks by market capitalization, along with any new additions. The top Dow Jones brokers will provide detailed insights into leading stocks, along with key financial metrics and latest price projections.

Trading Hours

Dow Jones is open from 9:30 am – 4 pm Monday to Friday in New York Time. In UK time, opening hours are 2:30 pm – 9 pm (GMT).

Outside of regular market hours, there is also industrial pre-market trading running from 4 am to 9:30 am (ET) and after-hours trading from 4 pm to 8 pm (ET) though not all Dow Jones brokers will offer this.

Note, there is no overnight trading or weekend investing on the index.

Other Indices & Publications

Outside of the DJIA, other indices and publications are currently or were previously owned by the Dow Jones company.

Indices:

Dow Jones and company no longer directly control these three indices that they originally founded. In 2012, S&P Dow Jones Indices LLC bought all three. This company is a collaboration between the CME Group and S&P Global.

Publications:

Strategies

Various investment and trading strategies can be employed to speculate on the Dow Jones via brokers that offer the index. Popular examples include:

Note, that the best Dow Jones strategy will depend on your individual investment objectives and risk appetite. 

Final Word On Dow Jones Brokers

The Dow Jones Industrial Average compares and ranks 30 major companies listed on stock exchanges in the US. As well as the popular index, the organization also set up various financial news brands. This guide has provided an introduction to the Dow, along with key dates in its history. We have also explained how to compare brokerages and platforms that offer trading on the Dow Jones.

Use our list of the best platforms and brokers with access to the Dow Jones to get started today.

FAQs

How Do You Trade The Dow Jones At Online Brokers?

The easiest way to trade Dow Jones via online brokers is through an exchange-traded fund (ETF). ETFs are known for being less volatile than individual stocks since large swings in the performance of specific equities will have a limited impact on the overall index average. As well as being lower risk, ETFs also help diversify portfolios. You can check what instruments Dow Jones brokers offer before signing up.

What Time Does The Dow Jones Start Trading At Online Brokers?

Standard trading hours begin at 09:30 ET which will be shown in broker’s investing platforms.

When Does The Dow Jones Stop Trading At Online Brokers?

Typical closing times are 16:00 ET which will be reflected via broker’s platforms. Note, that closing hours may vary with Christmas and public holidays.

Is Dow Jones A Price-Weighted Index?

Yes, the components of Dow Jones with the most value will have more influence. The best Dow Jones brokers offer detailed statistics and data on the constituents of the index.

What Is The Future Forecast For The Dow Jones?

The Economic Forecast Agency has made a prediction of 30,296 points for the beginning of June 2024 with a maximum of 32,114 and a minimum of 28,478. Various other forecasts and predictions can be found online at Dow Jones Brokers.

When Is The Best Time To Trade The Dow Jones With Major Brokers?

Regular trading of Dow Jones begins early at 9:30 am EST. The hour ending at 10:30 am EST is often the best time of day. This is when the biggest changes occur in the shortest amount of time. Many professional day traders will prioritize this time to make the most of the high volatility in prices.