Broker Reviews

Every review is based on hands-on testing with real trading accounts. We cover fees, platforms, regulation, and everything else that matters.

⭐ Broker of the Month — April 2026

IG

IG is a premium broker with 50+ years of experience, 17,000+ markets, and an exceptional proprietary platform backed by top-tier global regulation.

FCA, ASIC, MAS, BaFin Spreads from 0.6 pips IG Platform, MT4

70 brokers reviewed

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I

IG

Est. 1974 · London, UK

9.2

Our detailed IG review covers trading costs, platforms, regulation, and more. Find out if IG is the right forex and CFD broker for you.

Min Deposit $250
Max Leverage 1:200
Spreads From 0.6 pips
FCAASICMASBaFin
Read Full Review →
I

Interactive Brokers

Est. 1978 · Greenwich, USA

9.2

Interactive Brokers is one of the world's largest and most regulated brokers, offering access to 150+ markets, all asset classes, and professional-grade tools at industry-leading low costs.

Min Deposit $0
Max Leverage 1:50
Spreads From 0.1 pips
SECFCAASICMASIIROC
Read Full Review →
S

Saxo Bank

Est. 1992 · Copenhagen, Denmark

9.0

Saxo Bank is a premium licensed bank offering 72,000+ instruments, award-winning proprietary platforms, and top-tier FCA/DFSA/MAS regulation.

Min Deposit $2000
Max Leverage 1:200
Spreads From 0.4 pips
FCADFSAMAS
Read Full Review →
C

CMC Markets

Est. 1989 · London, UK

8.8

CMC Markets is a 35-year veteran offering 10,000+ instruments through its award-winning Next Generation platform with FCA/ASIC/BaFin regulation.

Min Deposit $0
Max Leverage 1:500
Spreads From 0.7 pips
FCAASICBaFin
Read Full Review →
I

IC Markets

Est. 2007 · Sydney, Australia

8.8

Our detailed IC Markets review covers trading costs, platforms, regulation, and more. Find out if IC Markets is the right forex broker for you.

Min Deposit $200
Max Leverage 1:500
Spreads From 0.0 pips
ASICCySECFSA
Read Full Review →
L

LMAX

Est. 2010 · London, UK

8.8

LMAX is an FCA-regulated exchange offering institutional-grade execution with no last look, ultra-tight spreads, and a transparent order book for serious traders.

Min Deposit $1000
Max Leverage 1:100
Spreads From 0.0 pips
FCA
Read Full Review →
S

Swissquote

Est. 1996 · Gland, Switzerland

8.6

Swissquote is a FINMA-regulated Swiss bank offering premium trading with the highest regulatory safety standards and 3,000+ instruments.

Min Deposit $1000
Max Leverage 1:100
Spreads From 1.1 pips
FINMA
Read Full Review →
X

XTB

Est. 2002 · Warsaw, Poland

8.6

XTB is a publicly traded, FCA-regulated broker with the award-winning xStation 5 platform, no minimum deposit, and one of the best trading education programs in the industry.

Min Deposit $0
Max Leverage 1:500
Spreads From 0.5 pips
FCACySECKNF
Read Full Review →
C

Capital.com

Est. 2016 · London, UK

8.5

Capital.com offers an AI-powered trading platform with 6,400+ commission-free instruments, strong quad-regulation, and a low $20 minimum deposit.

Min Deposit $20
Max Leverage 1:200
Spreads From 0.6 pips
CySECFCAASICSCB
Read Full Review →
D

Dukascopy

Est. 2004 · Geneva, Switzerland

8.5

Dukascopy is a FINMA-regulated Swiss bank offering institutional-grade trading through its proprietary JForex platform with tight spreads and top-tier fund security.

Min Deposit $100
Max Leverage 1:200
Spreads From 0.1 pips
FINMA
Read Full Review →
F

Forex.com

Est. 2001 · Warren, New Jersey, USA

8.5

Forex.com, owned by StoneX Group, offers 5,000+ instruments with a proprietary platform, DMA trading, and strong FCA/ASIC/CySEC regulation.

Min Deposit $100
Max Leverage 1:200
Spreads From 0.0 pips
FCAASICCySEC
Read Full Review →
P

Pepperstone

Est. 2010 · Melbourne, Australia

8.5

Our detailed Pepperstone review covers trading costs, platforms, regulation, and more. Find out if Pepperstone is the right forex broker for you.

Min Deposit $0
Max Leverage 1:500
Spreads From 0.0 pips
ASICFCACySECDFSASCB
Read Full Review →
X

XM

Est. 2009 · Limassol, Cyprus

8.5

Our detailed XM review covers trading costs, platforms, regulation, and more. Find out if XM is the right forex broker for you.

Min Deposit $5
Max Leverage 1:1000
Spreads From 0.6 pips
CySECASICIFSC
Read Full Review →
A

Admirals

Est. 2001 · Tallinn, Estonia

8.4

Admirals (formerly Admiral Markets) offers 4,000+ instruments with the enhanced MetaTrader Supreme Edition and triple CySEC/FCA/ASIC regulation.

Min Deposit $100
Max Leverage 1:500
Spreads From 0.0 pips
CySECFCAASIC
Read Full Review →
F

FxPro

Est. 2006 · London, UK

8.4

FxPro offers four trading platforms including its proprietary FxPro Edge, NDD execution, and strong CySEC/FCA regulation across 2,100+ instruments.

Min Deposit $100
Max Leverage 1:500
Spreads From 0.0 pips
CySECFCAFSCA
Read Full Review →
O

Oanda

Est. 1996 · New York, USA

8.4

Oanda is a veteran forex broker with nearly 30 years of history, top-tier FCA/ASIC/MAS regulation, premium analytics, and no minimum deposit.

Min Deposit $0
Max Leverage 1:200
Spreads From 1.0 pips
FCAASICMAS
Read Full Review →
A

AvaTrade

Est. 2006 · Dublin, Ireland

8.3

AvaTrade is one of the most widely regulated brokers globally, offering MT4/MT5, proprietary apps, options trading, and copy trading since 2006.

Min Deposit $100
Max Leverage 1:400
Spreads From 0.9 pips
CySECASICFSAFSCACBB
Read Full Review →
T

ThinkMarkets

Est. 2010 · London, UK

8.3

ThinkMarkets combines its proprietary ThinkTrader platform with MT4/MT5, no minimum deposit, and ASIC/FCA/CySEC regulation across 4,000+ instruments.

Min Deposit $0
Max Leverage 1:500
Spreads From 0.0 pips
ASICFCACySEC
Read Full Review →
T

Trading 212

Est. 2004 · London, UK

8.3

Trading 212 is an FCA-regulated broker offering commission-free stock investing, fractional shares, and a beautifully designed app with just a $1 minimum deposit.

Min Deposit $1
Max Leverage 1:30
Spreads From 0.5 pips
FCACySEC
Read Full Review →
C

City Index

Est. 1983 · London, UK

8.2

City Index is a 40-year veteran broker under the StoneX umbrella, offering 4,500+ markets through its proprietary platform with FCA regulation.

Min Deposit $100
Max Leverage 1:200
Spreads From 0.5 pips
FCA
Read Full Review →
F

FP Markets

Est. 2005 · Sydney, Australia

8.2

Our detailed FP Markets review covers trading costs, platforms, regulation, and more. Find out if FP Markets is the right forex broker for you.

Min Deposit $100
Max Leverage 1:500
Spreads From 0.0 pips
ASICCySEC
Read Full Review →
T

Tickmill

Est. 2014 · Limassol, Cyprus

8.2

Tickmill is an ECN broker known for ultra-low trading costs, raw spreads from 0.0 pips, and solid CySEC/FCA regulation across 500+ instruments.

Min Deposit $100
Max Leverage 1:500
Spreads From 0.0 pips
CySECFCAFSA
Read Full Review →
F

Fusion Markets

Est. 2017 · Melbourne, Australia

8.1

Fusion Markets is an ASIC-regulated broker famous for ultra-low commissions at just $2.25 per lot, making it one of the cheapest brokers globally.

Min Deposit $0
Max Leverage 1:500
Spreads From 0.0 pips
ASICVFSC
Read Full Review →
A

Axi

Est. 2007 · Sydney, Australia

8.0

Axi is a triple-regulated broker with no minimum deposit, raw ECN spreads, and built-in copy trading backed by ASIC, FCA, and DFSA oversight.

Min Deposit $0
Max Leverage 1:500
Spreads From 0.0 pips
ASICFCADFSA
Read Full Review →
B

BlackBull Markets

Est. 2014 · Auckland, New Zealand

8.0

BlackBull Markets is an FMA-regulated New Zealand broker offering ECN pricing, TradingView integration, and over 26,000 instruments with no minimum deposit.

Min Deposit $0
Max Leverage 1:500
Spreads From 0.0 pips
FMAFSA
Read Full Review →
E

Eightcap

Est. 2009 · Melbourne, Australia

8.0

Eightcap stands out with TradingView integration, raw spreads from 0.0 pips, and ASIC/CySEC regulation across 800+ instruments including crypto CFDs.

Min Deposit $100
Max Leverage 1:500
Spreads From 0.0 pips
ASICCySECSCB
Read Full Review →
E

Exness

Est. 2008 · Limassol, Cyprus

8.0

Our detailed Exness review covers trading costs, platforms, regulation, and more. Find out if Exness is the right forex broker for you.

Min Deposit $1
Max Leverage Unlimited
Spreads From 0.0 pips
FCACySECFSCA
Read Full Review →
F

FXTM

Est. 2011 · Limassol, Cyprus

8.0

FXTM offers accessible trading with a $10 minimum deposit, copy trading, and strong CySEC/FCA regulation across forex and CFD markets.

Min Deposit $10
Max Leverage 1:2000
Spreads From 0.0 pips
CySECFCAFSA
Read Full Review →
H

HFM

Est. 2010 · Limassol, Cyprus

8.0

HFM (formerly HotForex) offers accessible trading from $5, quad-regulation, copy trading, and multiple account types across 1,200+ instruments.

Min Deposit $5
Max Leverage 1:2000
Spreads From 0.0 pips
CySECFCAFSCAFSA
Read Full Review →
M

Multibank Group

Est. 2005 · Dubai, UAE

8.0

Multibank Group is a multi-regulated broker with ASIC and BaFin licenses, offering ECN execution, raw spreads, and a daily trading volume exceeding $1 billion.

Min Deposit $50
Max Leverage 1:500
Spreads From 0.0 pips
ASICBaFinDFSACIMA
Read Full Review →
G

Global Prime

Est. 2010 · Melbourne, Australia

7.9

Global Prime is an ASIC-regulated ECN broker offering transparent raw pricing, no minimum deposit, and reliable execution for cost-conscious traders.

Min Deposit $0
Max Leverage 1:500
Spreads From 0.0 pips
ASICVFSC
Read Full Review →
T

TopFX

Est. 2010 · Limassol, Cyprus

7.9

TopFX is a CySEC/FCA-regulated ECN broker offering raw spreads from 0.0 pips through MT4 and cTrader with no minimum deposit requirement.

Min Deposit $0
Max Leverage 1:500
Spreads From 0.0 pips
CySECFCA
Read Full Review →
E

Equiti

Est. 2008 · Dubai, UAE

7.8

Equiti is a DFSA and FCA-regulated broker with a strong focus on the MENA region, offering raw spreads, institutional accounts, and multilingual Arabic support.

Min Deposit $500
Max Leverage 1:500
Spreads From 0.0 pips
DFSACySECFCA
Read Full Review →
e

eToro

Est. 2007 · Tel Aviv, Israel

7.8

Our in-depth eToro review covers CopyTrader, Smart Portfolios, real stock trading, fees, regulation, and more. Find out if eToro is the right broker for you in 2026.

Min Deposit $50
Max Leverage 1:30
Spreads From 1.0 pips
FCACySECASIC
Read Full Review →
F

FXOpen

Est. 2005 · Christchurch, New Zealand

7.8

FXOpen is a triple-regulated broker (FCA/ASIC/CySEC) with over 20 years of operation, offering ECN trading through MT4, MT5, and its proprietary TickTrader platform from just $1.

Min Deposit $1
Max Leverage 1:500
Spreads From 0.0 pips
FCAASICCySEC
Read Full Review →
G

GO Markets

Est. 2006 · Melbourne, Australia

7.8

GO Markets is an ASIC-regulated Australian broker with raw spreads from 0.0 pips, cTrader support, and a solid 18-year track record in the industry.

Min Deposit $200
Max Leverage 1:500
Spreads From 0.0 pips
ASICCySECFSA
Read Full Review →
M

Markets.com

Est. 2008 · Limassol, Cyprus

7.8

Markets.com is a triple-regulated broker offering 2,500+ instruments through its proprietary platform and MetaTrader, with strong research tools.

Min Deposit $100
Max Leverage 1:300
Spreads From 0.6 pips
CySECFCAFSCA
Read Full Review →
P

Plus500

Est. 2008 · Haifa, Israel

7.8

Our detailed Plus500 review covers trading costs, platforms, regulation, and more. Find out if Plus500 is the right CFD broker for you.

Min Deposit $100
Max Leverage 1:300
Spreads From 0.8 pips
FCACySECASICMAS
Read Full Review →
S

Skilling

Est. 2016 · Limassol, Cyprus

7.8

Skilling is a CySEC-regulated broker offering three trading platforms including cTrader, with competitive raw spreads starting from 0.1 pips.

Min Deposit $100
Max Leverage 1:500
Spreads From 0.1 pips
CySEC
Read Full Review →
V

Vantage

Est. 2009 · Sydney, Australia

7.8

Vantage is an ASIC-regulated ECN broker offering raw spreads from 0.0 pips, fast execution, and competitive pricing across 1,000+ instruments.

Min Deposit $50
Max Leverage 1:500
Spreads From 0.0 pips
ASICCIMAVFSC
Read Full Review →
E

Exinity

Est. 2012 · Limassol, Cyprus

7.7

Exinity is a triple-regulated broker (FCA/CySEC/FSA) offering accessible trading through MT4/MT5 with a low $10 minimum deposit and 500+ instruments.

Min Deposit $10
Max Leverage 1:500
Spreads From 0.5 pips
FCACySECFSA
Read Full Review →
M

Moomoo

Est. 2018 · Palo Alto, USA

7.7

Moomoo is an ASIC/MAS-regulated stock trading platform offering commission-free trades, powerful research tools, and access to global stock markets.

Min Deposit $0
Max Leverage 1:5
Spreads From N/A
ASICMAS
Read Full Review →
A

ACY Securities

Est. 2011 · Sydney, Australia

7.6

ACY Securities is an ASIC-regulated ECN broker based in Sydney offering raw spreads from 0.0 pips, MT4/MT5 platforms, and over 2,200 instruments with a $50 minimum deposit.

Min Deposit $50
Max Leverage 1:500
Spreads From 0.0 pips
ASIC
Read Full Review →
B

BDSwiss

Est. 2012 · Limassol, Cyprus

7.6

BDSwiss is a CySEC-regulated broker offering MT4, MT5, and its proprietary mobile app with a $10 minimum deposit and multiple account types.

Min Deposit $10
Max Leverage 1:500
Spreads From 1.1 pips
CySECFSA
Read Full Review →
D

Darwinex

Est. 2012 · London, UK

7.6

Darwinex is an FCA-regulated broker and asset manager offering a unique platform where traders can attract investor capital through the DARWIN fund system.

Min Deposit $500
Max Leverage 1:200
Spreads From 0.0 pips
FCA
Read Full Review →
R

RoboForex

Est. 2009 · Limassol, Cyprus

7.6

RoboForex provides 12,000+ instruments across four platforms including cTrader and the proprietary R StocksTrader with CySEC/IFSC regulation.

Min Deposit $10
Max Leverage 1:2000
Spreads From 0.0 pips
CySECIFSC
Read Full Review →
J

JFD Brokers

Est. 2011 · Limassol, Cyprus

7.5

JFD Brokers is a CySEC/BaFin-regulated DMA+ broker offering transparent pricing across 1,500+ instruments through MT4 and MT5.

Min Deposit $500
Max Leverage 1:400
Spreads From 0.0 pips
CySECBaFin
Read Full Review →
M

Moneta Markets

Est. 2020 · Melbourne, Australia

7.5

Moneta Markets is an ASIC-regulated Australian broker offering ECN pricing with raw spreads, multiple account types, and a user-friendly mobile trading app.

Min Deposit $50
Max Leverage 1:500
Spreads From 0.0 pips
ASICFSA
Read Full Review →
N

Naga

Est. 2015 · Hamburg, Germany

7.5

Naga is a CySEC-regulated social trading broker with a modern proprietary platform, copy trading features, and access to stocks, crypto, and CFDs.

Min Deposit $50
Max Leverage 1:500
Spreads From 0.7 pips
CySEC
Read Full Review →
O

OCTA

Est. 2011 · Limassol, Cyprus

7.5

Our detailed OCTA (OctaFX) review covers trading costs, platforms, regulation, and more. Find out if OCTA is the right forex broker for you.

Min Deposit $25
Max Leverage 1:1000
Spreads From 0.6 pips
CySEC
Read Full Review →
W

Webull

Est. 2017 · New York, USA

7.5

Webull is a commission-free stock trading platform with an excellent mobile app, advanced charting, and access to US stock markets with no minimum deposit.

Min Deposit $0
Max Leverage 1:5
Spreads From N/A
ASIC
Read Full Review →
I

IronFX

Est. 2010 · Limassol, Cyprus

7.4

IronFX offers multiple account types including zero spread and STP/ECN options on MT4, with CySEC/FCA/FSCA regulation across 500+ instruments.

Min Deposit $100
Max Leverage 1:1000
Spreads From 0.0 pips
CySECFCAFSCA
Read Full Review →
L

Libertex

Est. 2012 · Limassol, Cyprus

7.4

Libertex is a CySEC-regulated broker known for its zero-spread, commission-based trading model with a simple proprietary platform and low $10 minimum deposit.

Min Deposit $10
Max Leverage 1:500
Spreads From 0.0 pips
CySEC
Read Full Review →
L

Lightspeed

Est. 2006 · New York, USA

7.4

Lightspeed is an FCA-regulated broker built for active day traders, offering professional-grade DMA platforms with low per-share pricing and a $10,000 minimum deposit.

Min Deposit $10000
Max Leverage 1:4
Spreads From N/A
FCA
Read Full Review →
T

Tio Markets

Est. 2018 · London, UK

7.4

Tio Markets is an FCA/CySEC-regulated broker headquartered in London, offering MT4 trading with competitive ECN spreads and a $50 minimum deposit.

Min Deposit $50
Max Leverage 1:500
Spreads From 0.0 pips
FCACySEC
Read Full Review →
B

Blueberry Markets

Est. 2016 · Melbourne, Australia

7.3

Blueberry Markets is an ASIC-regulated Australian broker offering competitive ECN pricing through MT4/MT5 with a focus on forex and CFD trading.

Min Deposit $100
Max Leverage 1:500
Spreads From 0.0 pips
ASIC
Read Full Review →
E

Errante

Est. 2019 · Limassol, Cyprus

7.3

Errante is a CySEC-regulated broker offering raw spreads, multiple account types, and crypto deposits with a $50 minimum entry point.

Min Deposit $50
Max Leverage 1:500
Spreads From 0.0 pips
CySECFSA
Read Full Review →
I

IQ Option

Est. 2013 · Limassol, Cyprus

7.3

IQ Option is a CySEC-regulated broker known for its sleek proprietary platform, options trading focus, and accessible $10 minimum deposit.

Min Deposit $10
Max Leverage 1:500
Spreads From 0.7 pips
CySEC
Read Full Review →
F

FBS

Est. 2009 · Belize City, Belize

7.2

Our detailed FBS review covers trading costs, platforms, regulation, and more. Find out if FBS is the right forex broker for you.

Min Deposit $5
Max Leverage 1:3000
Spreads From 0.7 pips
IFSCCySEC
Read Full Review →
F

FXGT

Est. 2019 · Limassol, Cyprus

7.2

FXGT is a CySEC/FSA-regulated broker with a strong crypto focus, offering MT5 trading with leverage up to 1:1000 and a $5 minimum deposit.

Min Deposit $5
Max Leverage 1:1000
Spreads From 0.0 pips
CySECFSA
Read Full Review →
J

JustMarkets

Est. 2012 · Limassol, Cyprus

7.2

JustMarkets offers one of the lowest entry barriers in the industry with a $1 minimum deposit, up to 1:3000 leverage, and raw spread accounts on MT4/MT5.

Min Deposit $1
Max Leverage 1:3000
Spreads From 0.0 pips
CySECFSAIFSC
Read Full Review →
S

Scope Markets

Est. 2019 · Limassol, Cyprus

7.2

Scope Markets is a CySEC-regulated broker with a strong presence in African markets, offering MT4/MT5 trading with competitive spreads.

Min Deposit $100
Max Leverage 1:500
Spreads From 0.5 pips
CySECCMAFSA
Read Full Review →
S

Squared Financial

Est. 2005 · Limassol, Cyprus

7.1

Squared Financial is a CySEC-regulated broker operating since 2005, offering MT4/MT5 trading with raw spreads and a range of forex and CFD instruments.

Min Deposit $250
Max Leverage 1:500
Spreads From 0.0 pips
CySEC
Read Full Review →
C

Colmex Pro

Est. 2010 · Limassol, Cyprus

7.0

Colmex Pro is a CySEC-regulated DMA broker offering direct market access to 5,000+ instruments including real stocks through its proprietary platform.

Min Deposit $500
Max Leverage 1:200
Spreads From 0.3 pips
CySEC
Read Full Review →
D

Deriv

Est. 2000 · Cyberjaya, Malaysia

7.0

Deriv (formerly Binary.com) is a pioneer in online trading with over 20 years of operation, offering binary options, synthetic indices, and CFDs across multiple proprietary platforms.

Min Deposit $5
Max Leverage 1:1000
Spreads From 0.5 pips
VFSCFSCLFSA
Read Full Review →
O

Orbex

Est. 2011 · Limassol, Cyprus

7.0

Orbex is a CySEC-regulated broker based in Limassol offering MT4 trading with competitive spreads across forex, commodities, and indices.

Min Deposit $200
Max Leverage 1:500
Spreads From 0.0 pips
CySEC
Read Full Review →
A

Alpari

Est. 1998 · Saint Vincent and the Grenadines

6.8

Alpari is one of the oldest forex brokers with 25+ years of history, offering accessible $5 accounts, but operates under offshore regulation only.

Min Deposit $5
Max Leverage 1:1000
Spreads From 0.4 pips
FSAFSC
Read Full Review →
W

Weltrade

Est. 2006 · Saint Vincent and the Grenadines

6.5

Weltrade is an offshore broker offering high leverage and low minimum deposits through MT4/MT5, primarily targeting cost-sensitive traders.

Min Deposit $25
Max Leverage 1:1000
Spreads From 0.0 pips
FSAIFSC
Read Full Review →
F

Forex4you

Est. 2007 · British Virgin Islands

6.4

Forex4you is an offshore broker offering ultra-low minimum deposits, cent accounts, and copy trading through its Share4you platform.

Min Deposit $1
Max Leverage 1:1000
Spreads From 0.1 pips
FSC
Read Full Review →
F

FreshForex

Est. 2004 · Saint Vincent and the Grenadines

6.2

FreshForex is an offshore broker with over 20 years of history, offering ultra-high leverage, ECN pricing, and a $1 minimum deposit.

Min Deposit $1
Max Leverage 1:2000
Spreads From 0.0 pips
FSA
Read Full Review →