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IG
Rating 4.9/5
4.9out of 5
Min Deposit
$0
Spread
Varies
Max Leverage
1:200
Regulated by:FCA, ASIC, MAS
Interactive Brokers
Rating 4.9/5
4.9out of 5
Min Deposit
$0
Spread
Varies
Max Leverage
1:40
Regulated by:
Assets:Forex
Pepperstone
Rating 4.8/5
4.8out of 5
Min Deposit
$0
Spread
Varies
Max Leverage
1:500
Regulated by:ASIC, FCA
Assets:CFD, Forex
Saxo Bank
Rating 4.8/5
4.8out of 5
Min Deposit
$2000
Spread
0.6 pips
Max Leverage
1:100
Regulated by:FSA Denmark, FCA
CMC Markets
Rating 4.7/5
4.7out of 5
Min Deposit
$0
Spread
1.2 pips
Max Leverage
1:500
Regulated by:FCA, CIRO
Assets:Forex
Swissquote
Rating 4.7/5
4.7out of 5
Min Deposit
$1000
Spread
0.9 pips
Max Leverage
1:100
Regulated by:FINMA, FCA
eToro
Rating 4.6/5
4.6out of 5
Min Deposit
$50
Spread
1 pips
Max Leverage
1:30
Regulated by:CySEC, FCA
Freedom24
Rating 4.6/5
4.6out of 5
Min Deposit
$0
Spread
Varies
Max Leverage
1:500
Regulated by:CySEC
OANDA
Rating 4.6/5
4.6out of 5
Min Deposit
$0
Spread
Varies
Max Leverage
1:50
Regulated by:
Spreadex
Rating 4.6/5
4.6out of 5
Min Deposit
$0
Spread
0.6 pips
Max Leverage
1:300
Regulated by:FCA
XTB
Rating 4.6/5
4.6out of 5
Min Deposit
$0
Spread
0.8 pips
Max Leverage
1:500
Regulated by:CySEC, FCA, KNF
Exness
Rating 4.5/5
4.5out of 5
Min Deposit
$0
Spread
Varies
Max Leverage
1:Unlimited
Regulated by:
XM
Rating 4.5/5
4.5out of 5
Min Deposit
$5
Spread
Varies
Max Leverage
1:1000
Regulated by:CySEC, ASIC, IFSC
Assets:Forex
AvaTrade
Rating 4.5/5
4.5out of 5
Min Deposit
$100
Spread
0.9 pips
Max Leverage
1:400
Regulated by:CySEC, MiFID II
Tickmill
Rating 4.5/5
4.5out of 5
Min Deposit
$100
Spread
Varies
Max Leverage
1:500
Regulated by:FCA, CySEC
Assets:CFD, Forex
FP Markets
Rating 4.5/5
4.5out of 5
Min Deposit
$100
Spread
Varies
Max Leverage
1:500
Regulated by:ASIC, CySEC
Assets:CFD, Forex
Global Prime
Rating 4.5/5
4.5out of 5
Min Deposit
$0
Spread
0.2 pips
Max Leverage
1:500
Regulated by:ASIC (High)
Assets:Forex
GO Markets
Rating 4.5/5
4.5out of 5
Min Deposit
$0
Spread
0.4 pips
Max Leverage
1:500
Regulated by:ASIC (High)
Assets:Forex
Plus500
Rating 4.5/5
4.5out of 5
Min Deposit
$0
Spread
Varies
Max Leverage
1:300
Regulated by:
Assets:Stocks, CFD
Axi
Rating 4.4/5
4.4out of 5
Min Deposit
$0
Spread
0.2 pips
Max Leverage
1:500
Regulated by:FCA, ASIC
Assets:Forex
FXTM
Rating 4.4/5
4.4out of 5
Min Deposit
$10
Spread
0.2 pips
Max Leverage
1:2000
Regulated by:CySEC, FCA
ThinkMarkets
Rating 4.4/5
4.4out of 5
Min Deposit
$0
Spread
0.4 pips
Max Leverage
1:500
Regulated by:CySEC, FCA
HFM
Rating 4.4/5
4.4out of 5
Min Deposit
$5
Spread
Varies
Max Leverage
1:2000
Regulated by:FCA, CySEC, FSCA
Forex.com
Rating 4.4/5
4.4out of 5
Min Deposit
$100
Spread
Varies
Max Leverage
1:50
Regulated by:NFA, CFTC, FCA
Assets:Forex
FXCM
Rating 4.4/5
4.4out of 5
Min Deposit
$50
Spread
1.3 pips
Max Leverage
1:400
Regulated by:FCA
TMGM
Rating 4.4/5
4.4out of 5
Min Deposit
$100
Spread
0 pips
Max Leverage
1:500
Regulated by:ASIC, FMA, VFSC
Assets:Forex, CFD
BlackBull Markets
Rating 4.3/5
4.3out of 5
Min Deposit
$0
Spread
Varies
Max Leverage
1:500
Regulated by:FMA, FSA
Assets:Forex
RoboForex
Rating 4.3/5
4.3out of 5
Min Deposit
$10
Spread
Varies
Max Leverage
1:2000
Regulated by:FSC
Assets:CFD, Forex
HYCM
Rating 4.3/5
4.3out of 5
Min Deposit
$100
Spread
1.8 pips
Max Leverage
1:500
Regulated by:FCA, CySEC, DFSA
Eightcap
Rating 4.3/5
4.3out of 5
Min Deposit
$0
Spread
Varies
Max Leverage
1:500
Regulated by:
Assets:Crypto, CFD
Fusion Markets
Rating 4.3/5
4.3out of 5
Min Deposit
$0
Spread
0 pips
Max Leverage
1:500
Regulated by:ASIC (High)
Assets:Forex
FxPro
Rating 4.3/5
4.3out of 5
Min Deposit
$100
Spread
1.4 pips
Max Leverage
1:500
Regulated by:FCA, CySEC, FSCA
Hantec Markets
Rating 4.3/5
4.3out of 5
Min Deposit
$10
Spread
0.8 pips
Max Leverage
1:500
Regulated by:FCA, ASIC
Assets:Forex
IC Trading
Rating 4.3/5
4.3out of 5
Min Deposit
$200
Spread
Varies
Max Leverage
1:500
Regulated by:FSC
Assets:CFD, Forex
Moneta Markets
Rating 4.3/5
4.3out of 5
Min Deposit
$50
Spread
Varies
Max Leverage
1:500
Regulated by:FSCA
Assets:CFD, Forex
VT Markets
Rating 4.2/5
4.2out of 5
Min Deposit
$100
Spread
Varies
Max Leverage
1:500
Regulated by:ASIC, FSCA
Assets:CFD, Forex
LiteFinance
Rating 4.2/5
4.2out of 5
Min Deposit
$50
Spread
1.8 pips
Max Leverage
1:500
Regulated by:CySEC, FSC
Assets:Forex, Crypto, Commodities
Libertex EU
Rating 4.2/5
4.2out of 5
Min Deposit
$100
Spread
Varies
Max Leverage
1:500
Regulated by:CySEC
City Index
Rating 4.2/5
4.2out of 5
Min Deposit
$100
Spread
0.5 pips
Max Leverage
1:400
Regulated by:MAS
FBS
Rating 4.2/5
4.2out of 5
Min Deposit
$5
Spread
Varies
Max Leverage
1:500
Regulated by:IFSC, CySEC
Assets:CFD, Forex
OctaFX
Rating 4.2/5
4.2out of 5
Min Deposit
$25
Spread
0.6 pips
Max Leverage
1:500
Regulated by:CySEC
StarTrader
Rating 4.2/5
4.2out of 5
Min Deposit
$50
Spread
Varies
Max Leverage
1:500
Regulated by:FSA (Seychelles)
Assets:Forex
TradeStation
Rating 4.2/5
4.2out of 5
Min Deposit
$0
Spread
Varies
Max Leverage
1:500
Regulated by:SEC
EasyMarkets
Rating 4.1/5
4.1out of 5
Min Deposit
$25
Spread
0.7 pips
Max Leverage
1:500
Regulated by:CySEC, ASIC, FSA
IQ Option
Rating 4.1/5
4.1out of 5
Min Deposit
$10
Spread
Varies
Max Leverage
1:500
Regulated by:CySEC (EEA)
HotForex
Rating 4.0/5
4.0out of 5
Min Deposit
$5
Spread
1.2 pips
Max Leverage
1:2000
Regulated by:FCA, CySEC
FXORO
Rating 4.0/5
4.0out of 5
Min Deposit
$200
Spread
2 pips
Max Leverage
1:400
Regulated by:CySEC
Expert Option
Rating 4.0/5
4.0out of 5
Min Deposit
$10
Spread
Varies
Max Leverage
N/A
Regulated by:VFSC
Quotex
Rating 4.0/5
4.0out of 5
Min Deposit
$10
Spread
Varies
Max Leverage
N/A
Regulated by:IFMRRC
Admiral Markets
Rating 4.0/5
4.0out of 5
Min Deposit
$100
Spread
0.6 pips
Max Leverage
1:500
Regulated by:CySEC, FCA
Ally Invest
Rating 4.0/5
4.0out of 5
Min Deposit
$0
Spread
1.5 pips
Max Leverage
1:500
Regulated by:NFA
Binomo
Rating 4.0/5
4.0out of 5
Min Deposit
$10
Spread
Varies
Max Leverage
1:500
Regulated by:IFC
CIBC Investors Edge
Rating 4.0/5
4.0out of 5
Min Deposit
$0
Spread
2 pips
Max Leverage
1:500
Regulated by:IIROC
Deriv
Rating 4.0/5
4.0out of 5
Min Deposit
$5
Spread
Varies
Max Leverage
1:500
Regulated by:MFSA, LFSA, VFSC
GBE Brokers
Rating 4.0/5
4.0out of 5
Min Deposit
$1000
Spread
Varies
Max Leverage
1:500
Regulated by:CySEC
IQCent
Rating 4.0/5
4.0out of 5
Min Deposit
$20
Spread
Varies
Max Leverage
1:500
Regulated by:Unregulated
KGI Securities
Rating 4.0/5
4.0out of 5
Min Deposit
$500
Spread
1.2 pips
Max Leverage
1:100
Regulated by:MAS
Nadex
Rating 4.0/5
4.0out of 5
Min Deposit
$0
Spread
Varies
Max Leverage
1:500
Regulated by:CFTC (USA)
Phillip Capital
Rating 4.0/5
4.0out of 5
Min Deposit
$200
Spread
1 pips
Max Leverage
1:100
Regulated by:MAS
Pocket Option
Rating 4.0/5
4.0out of 5
Min Deposit
$50
Spread
Varies
Max Leverage
N/A
Regulated by:IFMRRC
Questrade
Rating 4.0/5
4.0out of 5
Min Deposit
$1000
Spread
1.5 pips
Max Leverage
1:100
Regulated by:IIROC
Standard Bank Webtrader
Rating 4.0/5
4.0out of 5
Min Deposit
$500
Spread
1.5 pips
Max Leverage
1:100
Regulated by:FSCA
Tastyfx
Rating 4.0/5
4.0out of 5
Min Deposit
$0
Spread
0.8 pips
Max Leverage
1:500
Regulated by:CFTC, NFA
TD Direct Investing
Rating 4.0/5
4.0out of 5
Min Deposit
$0
Spread
1.8 pips
Max Leverage
1:500
Regulated by:IIROC
Vantage Markets
Rating 4.0/5
4.0out of 5
Min Deposit
$50
Spread
Varies
Max Leverage
1:1000
Regulated by:ASIC, FCA
Assets:Forex
Wealthsimple
Rating 4.0/5
4.0out of 5
Min Deposit
$0
Spread
2 pips
Max Leverage
1:500
Regulated by:IIROC
Thunder Markets
Rating 3.8/5
3.8out of 5
Min Deposit
$500
Spread
1.6 pips
Max Leverage
1:400
Regulated by:FSA
Assets:Forex, Stocks, Indices
IronFX
Rating 3.5/5
3.5out of 5
Min Deposit
$50
Spread
1.6 pips
Max Leverage
1:500
Regulated by:FCA, CySEC
Olymptrade
Rating 3.5/5
3.5out of 5
Min Deposit
$10
Spread
Varies
Max Leverage
1:500
Regulated by:FinaCom
PU Prime
Rating 3.5/5
3.5out of 5
Min Deposit
$50
Spread
Varies
Max Leverage
1:500
Regulated by:FSA (Seychelles)
Hankotrade
Rating 3.0/5
3.0out of 5
Min Deposit
$0
Spread
Varies
Max Leverage
1:500
Regulated by:
Binarium
Rating 1.3/5
1.3out of 5
Min Deposit
$5
Spread
Varies
Max Leverage
1:500
Regulated by:Unregulated
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Find My BrokerFrequently Asked Questions
We evaluate brokers based on multiple criteria including regulation status, trading fees, platform quality, customer service, deposit/withdrawal options, and overall user experience. Each broker undergoes hands-on testing by our team of experienced traders.
Key factors to consider include: regulatory status (FCA, ASIC, CySEC are top-tier), trading costs (spreads and commissions), available trading platforms (MT4, MT5, proprietary), minimum deposit requirements, and the range of tradable instruments.
While we include regulatory information for each broker, not all brokers have the same level of regulation. We clearly display each broker's regulatory status so you can make an informed decision based on your risk tolerance and jurisdiction.
Our broker reviews are updated regularly to reflect changes in fees, features, and regulatory status. Major updates are typically made quarterly, with critical changes (like regulatory issues) updated immediately.
Our ratings are based on objective criteria and hands-on testing. While we may receive compensation from some brokers through affiliate partnerships, this does not influence our ratings or review content. We prioritize transparency and accuracy.