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IG
Trust Score 4.9/5
4.9out of 5
Min Deposit
$0
Spread
Varies
Max Leverage
1:200
Regulated by:FCA, ASIC, MAS
Interactive Brokers
Trust Score 4.9/5
4.9out of 5
Min Deposit
$0
Spread
Varies
Max Leverage
1:40
Regulated by:
Assets:Forex
Pepperstone
Trust Score 4.8/5
4.8out of 5
Min Deposit
$0
Spread
Varies
Max Leverage
1:500
Regulated by:ASIC, FCA
Assets:CFD, Forex
CMC Markets
Trust Score 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
Trust Score 4.7/5
4.7out of 5
Min Deposit
$1000
Spread
0.9 pips
Max Leverage
1:100
Regulated by:FINMA, FCA
eToro
Trust Score 4.6/5
4.6out of 5
Min Deposit
$50
Spread
1 pips
Max Leverage
1:30
Regulated by:CySEC, FCA
OANDA
Trust Score 4.6/5
4.6out of 5
Min Deposit
$0
Spread
Varies
Max Leverage
1:50
Regulated by:
XTB
Trust Score 4.6/5
4.6out of 5
Min Deposit
$0
Spread
0.8 pips
Max Leverage
1:500
Regulated by:CySEC, FCA, KNF
Exness
Trust Score 4.5/5
4.5out of 5
Min Deposit
$0
Spread
Varies
Max Leverage
1:Unlimited
Regulated by:
XM
Trust Score 4.5/5
4.5out of 5
Min Deposit
$5
Spread
Varies
Max Leverage
1:1000
Regulated by:CySEC, ASIC, IFSC
Assets:Forex
AvaTrade
Trust Score 4.5/5
4.5out of 5
Min Deposit
$100
Spread
0.9 pips
Max Leverage
1:400
Regulated by:CySEC, MiFID II
Tickmill
Trust Score 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
Trust Score 4.5/5
4.5out of 5
Min Deposit
$100
Spread
Varies
Max Leverage
1:500
Regulated by:ASIC, CySEC
Assets:CFD, Forex
Plus500
Trust Score 4.5/5
4.5out of 5
Min Deposit
$0
Spread
Varies
Max Leverage
1:300
Regulated by:
Assets:Stocks, CFD
FXTM
Trust Score 4.4/5
4.4out of 5
Min Deposit
$10
Spread
0.2 pips
Max Leverage
1:2000
Regulated by:CySEC, FCA
HFM
Trust Score 4.4/5
4.4out of 5
Min Deposit
$5
Spread
Varies
Max Leverage
1:2000
Regulated by:FCA, CySEC, FSCA
Axi
Trust Score 4.4/5
4.4out of 5
Min Deposit
$0
Spread
0.2 pips
Max Leverage
1:500
Regulated by:FCA, ASIC
Assets:Forex
ThinkMarkets
Trust Score 4.4/5
4.4out of 5
Min Deposit
$0
Spread
0.4 pips
Max Leverage
1:500
Regulated by:CySEC, FCA
Forex.com
Trust Score 4.4/5
4.4out of 5
Min Deposit
$100
Spread
Varies
Max Leverage
1:50
Regulated by:NFA, CFTC, FCA
Assets:Forex
FXCM
Trust Score 4.4/5
4.4out of 5
Min Deposit
$50
Spread
1.3 pips
Max Leverage
1:400
Regulated by:FCA
BlackBull Markets
Trust Score 4.3/5
4.3out of 5
Min Deposit
$0
Spread
Varies
Max Leverage
1:500
Regulated by:FMA, FSA
Assets:Forex
RoboForex
Trust Score 4.3/5
4.3out of 5
Min Deposit
$10
Spread
Varies
Max Leverage
1:2000
Regulated by:FSC
Assets:CFD, Forex
HYCM
Trust Score 4.3/5
4.3out of 5
Min Deposit
$100
Spread
1.8 pips
Max Leverage
1:500
Regulated by:FCA, CySEC, DFSA
Eightcap
Trust Score 4.3/5
4.3out of 5
Min Deposit
$0
Spread
Varies
Max Leverage
1:500
Regulated by:
Assets:Crypto, CFD
Fusion Markets
Trust Score 4.3/5
4.3out of 5
Min Deposit
$0
Spread
0 pips
Max Leverage
1:500
Regulated by:ASIC (High)
Assets:Forex
FxPro
Trust Score 4.3/5
4.3out of 5
Min Deposit
$100
Spread
1.4 pips
Max Leverage
1:500
Regulated by:FCA, CySEC, FSCA
IC Trading
Trust Score 4.3/5
4.3out of 5
Min Deposit
$200
Spread
Varies
Max Leverage
1:500
Regulated by:FSC
Assets:CFD, Forex
Moneta Markets
Trust Score 4.3/5
4.3out of 5
Min Deposit
$50
Spread
Varies
Max Leverage
1:500
Regulated by:FSCA
Assets:CFD, Forex
Libertex EU
Trust Score 4.2/5
4.2out of 5
Min Deposit
$100
Spread
Varies
Max Leverage
1:500
Regulated by:CySEC
LiteFinance
Trust Score 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
VT Markets
Trust Score 4.2/5
4.2out of 5
Min Deposit
$100
Spread
Varies
Max Leverage
1:500
Regulated by:ASIC, FSCA
Assets:CFD, Forex
City Index
Trust Score 4.2/5
4.2out of 5
Min Deposit
$100
Spread
0.5 pips
Max Leverage
1:400
Regulated by:MAS
FBS
Trust Score 4.2/5
4.2out of 5
Min Deposit
$5
Spread
Varies
Max Leverage
1:500
Regulated by:IFSC, CySEC
Assets:CFD, Forex
OctaFX
Trust Score 4.2/5
4.2out of 5
Min Deposit
$25
Spread
0.6 pips
Max Leverage
1:500
Regulated by:CySEC
StarTrader
Trust Score 4.2/5
4.2out of 5
Min Deposit
$50
Spread
Varies
Max Leverage
1:500
Regulated by:FSA (Seychelles)
Assets:Forex
TradeStation
Trust Score 4.2/5
4.2out of 5
Min Deposit
$0
Spread
Varies
Max Leverage
1:500
Regulated by:SEC
IQ Option
Trust Score 4.1/5
4.1out of 5
Min Deposit
$10
Spread
Varies
Max Leverage
1:500
Regulated by:CySEC (EEA)
HotForex
Trust Score 4.0/5
4.0out of 5
Min Deposit
$5
Spread
1.2 pips
Max Leverage
1:2000
Regulated by:FCA, CySEC
FXORO
Trust Score 4.0/5
4.0out of 5
Min Deposit
$200
Spread
2 pips
Max Leverage
1:400
Regulated by:CySEC
Quotex
Trust Score 4.0/5
4.0out of 5
Min Deposit
$10
Spread
Varies
Max Leverage
N/A
Regulated by:IFMRRC
Expert Option
Trust Score 4.0/5
4.0out of 5
Min Deposit
$10
Spread
Varies
Max Leverage
N/A
Regulated by:VFSC
Hankotrade
Trust Score 4.0/5
4.0out of 5
Min Deposit
$0
Spread
Varies
Max Leverage
1:500
Regulated by:
EasyMarkets
Trust Score 4.0/5
4.0out of 5
Min Deposit
$25
Spread
0.7 pips
Max Leverage
1:500
Regulated by:CySEC, ASIC, FSA
Admiral Markets
Trust Score 4.0/5
4.0out of 5
Min Deposit
$100
Spread
0.6 pips
Max Leverage
1:500
Regulated by:CySEC, FCA
Ally Invest
Trust Score 4.0/5
4.0out of 5
Min Deposit
$0
Spread
1.5 pips
Max Leverage
1:500
Regulated by:NFA
Binarium
Trust Score 4.0/5
4.0out of 5
Min Deposit
$5
Spread
Varies
Max Leverage
1:500
Regulated by:Unregulated
Binomo
Trust Score 4.0/5
4.0out of 5
Min Deposit
$10
Spread
Varies
Max Leverage
1:500
Regulated by:IFC
CIBC Investors Edge
Trust Score 4.0/5
4.0out of 5
Min Deposit
$0
Spread
2 pips
Max Leverage
1:500
Regulated by:IIROC
Deriv
Trust Score 4.0/5
4.0out of 5
Min Deposit
$5
Spread
Varies
Max Leverage
1:500
Regulated by:MFSA, LFSA, VFSC
Freedom24
Trust Score 4.0/5
4.0out of 5
Min Deposit
$0
Spread
Varies
Max Leverage
1:500
Regulated by:CySEC
GBE Brokers
Trust Score 4.0/5
4.0out of 5
Min Deposit
$1000
Spread
Varies
Max Leverage
1:500
Regulated by:CySEC
Global Prime
Trust Score 4.0/5
4.0out of 5
Min Deposit
$0
Spread
0.2 pips
Max Leverage
1:500
Regulated by:ASIC (High)
Assets:Forex
GO Markets
Trust Score 4.0/5
4.0out of 5
Min Deposit
$0
Spread
0.4 pips
Max Leverage
1:500
Regulated by:ASIC (High)
Assets:Forex
Hantec Markets
Trust Score 4.0/5
4.0out of 5
Min Deposit
$10
Spread
0.8 pips
Max Leverage
1:500
Regulated by:FCA, ASIC
Assets:Forex
IQCent
Trust Score 4.0/5
4.0out of 5
Min Deposit
$20
Spread
Varies
Max Leverage
1:500
Regulated by:Unregulated
IronFX
Trust Score 4.0/5
4.0out of 5
Min Deposit
$50
Spread
1.6 pips
Max Leverage
1:500
Regulated by:FCA, CySEC
KGI Securities
Trust Score 4.0/5
4.0out of 5
Min Deposit
$500
Spread
1.2 pips
Max Leverage
1:100
Regulated by:MAS
Nadex
Trust Score 4.0/5
4.0out of 5
Min Deposit
$0
Spread
Varies
Max Leverage
1:500
Regulated by:CFTC (USA)
Olymptrade
Trust Score 4.0/5
4.0out of 5
Min Deposit
$10
Spread
Varies
Max Leverage
1:500
Regulated by:FinaCom
Phillip Capital
Trust Score 4.0/5
4.0out of 5
Min Deposit
$200
Spread
1 pips
Max Leverage
1:100
Regulated by:MAS
Pocket Option
Trust Score 4.0/5
4.0out of 5
Min Deposit
$50
Spread
Varies
Max Leverage
N/A
Regulated by:IFMRRC
PU Prime
Trust Score 4.0/5
4.0out of 5
Min Deposit
$50
Spread
Varies
Max Leverage
1:500
Regulated by:FSA (Seychelles)
Questrade
Trust Score 4.0/5
4.0out of 5
Min Deposit
$1000
Spread
1.5 pips
Max Leverage
1:100
Regulated by:IIROC
Saxo Bank
Trust Score 4.0/5
4.0out of 5
Min Deposit
$2000
Spread
0.6 pips
Max Leverage
1:100
Regulated by:FSA Denmark, FCA
Spreadex
Trust Score 4.0/5
4.0out of 5
Min Deposit
$0
Spread
0.6 pips
Max Leverage
1:300
Regulated by:FCA
Standard Bank Webtrader
Trust Score 4.0/5
4.0out of 5
Min Deposit
$500
Spread
1.5 pips
Max Leverage
1:100
Regulated by:FSCA
Tastyfx
Trust Score 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
Trust Score 4.0/5
4.0out of 5
Min Deposit
$0
Spread
1.8 pips
Max Leverage
1:500
Regulated by:IIROC
TMGM
Trust Score 4.0/5
4.0out of 5
Min Deposit
$100
Spread
0 pips
Max Leverage
1:500
Regulated by:ASIC, FMA, VFSC
Assets:Forex, CFD
Vantage Markets
Trust Score 4.0/5
4.0out of 5
Min Deposit
$50
Spread
Varies
Max Leverage
1:1000
Regulated by:ASIC, FCA
Assets:Forex
Wealthsimple
Trust Score 4.0/5
4.0out of 5
Min Deposit
$0
Spread
2 pips
Max Leverage
1:500
Regulated by:IIROC
Thunder Markets
Trust Score 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
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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.
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