Best Forex & CFD Brokers
Every broker below was scored on regulation, real trading costs, platforms, and support. Sort the table or pick up to three to compare side by side.
| Compare | Name | Spreads from | Max leverage | Platforms | Actions | ||
|---|---|---|---|---|---|---|---|
| 4.6 | $0 | 0.5 pips (Standard, no commission) | up to 1:500 (offshore entities) / 1:30 for EU/UK retail clients | Web platform, Mobile app | Visit | ||
| 4.6 | $0 | 0.0 pips (Razor account, FX majors) | up to 1:500 (reduced to 1:30 for retail clients under FCA/CySEC/ASIC/DFSA rules) | MT4, MT5, cTrader, TradingView, Web platform, Mobile app | Visit | ||
| 4.6 | $200 | 0.0 pips (Raw Spread account) | up to 1:500 offshore entities (up to 1:30 for CySEC/ASIC retail clients, higher for professional clients) | MT4, MT5, cTrader, TradingView, Web platform, Mobile app | Visit | ||
| 4.5 | $0 | 0.6 pips (EUR/USD advertised minimum); independent testing shows a real-world average closer to 0.9-1.0 pips | 1:30 for major FX pairs (FCA/ASIC retail clients); higher leverage available to verified professional-account clients | MT4, MT5, TradingView, Web platform, Mobile app | Visit | ||
| 4.5 | $100 | 0.0 pips (Raw account) | up to 1:500 (lower for EU/UK retail clients under CySEC/FCA rules) | MT4, MT5, cTrader, TradingView | Visit | ||
| 4.5 | $10 | 0.0 pips (Zero/Raw Spread) | up to 1:Unlimited (Seychelles entity, lower-equity accounts); capped at 1:30 for CySEC/FCA retail clients | MT4, MT5, Web platform, Mobile app | Visit | ||
| 4.4 | $0 | 0.1 pips (Core, plus commission) / ~1.0 pips (Standard, spread-only) | 1:50 (US retail forex); up to 1:200-1:500 in other regulated regions depending on jurisdiction and instrument | MT4, MT5, TradingView, Web platform, Mobile app | Visit | ||
| 4.4 | $50 | 0.0 pips (Raw ECN) | up to 1:500 | MT4, MT5, TradingView, Web platform, Mobile app | Visit | ||
| 4.4 | $100 | 0.0 pips (Raw) | up to 1:1000 (Seychelles entity); lower caps apply for FCA/CySEC clients | MT4, MT5, TradingView, Mobile app | Visit | ||
| 4.3 | $25 | 0.0 pips (Zero.MT5) | 1:30 retail / up to 1:1000 offshore entities | MT4, MT5, Web platform | Visit | ||
| 4.3 | $100 | 0.0 pips (Raw+/cTrader) | up to 1:500 (offshore entities) / 1:30 (FCA/CySEC retail) | MT4, MT5, cTrader, Web platform, Mobile app | Visit | ||
| 4.3 | $100 | 0.9 pips (fixed, EUR/USD) | up to 1:400 (up to 1:30 for EU/UK retail clients) | MT4, MT5, Web platform, Mobile app | Visit | ||
| 4.3 | $5 | 0.6 pips (Ultra Low, commission-free); 0.0 pips on Zero (with commission) | up to 1:1000 (capped at 1:30 for CySEC retail clients under ESMA rules) | MT4, MT5, Web platform, Mobile app | Visit | ||
| 4.2 | $0 | 0.0 pips (Zero) | up to 1:2000 (offshore entities; FCA/CySEC entities are capped much lower) | MT4, MT5, Web platform, Mobile app | Visit | ||
| 4.2 | $100 | Variable, roughly 0.6-1.3 pips on EUR/USD depending on market conditions | 1:30 for retail clients (up to 1:300 for verified professional clients, varies by jurisdiction) | Web platform, Mobile app | Visit | ||
| 4.2 | $50 | ~1.0 pips (EUR/USD CFD) | up to 1:30 for retail clients under FCA/CySEC/ASIC (higher for eligible professional clients) | Web platform, Mobile app | Visit | ||
| 4.1 | $5 | 0.0 pips (Zero Spread MT5 account, commission-based); from around 0.5 pips on Standard accounts | up to 1:1000 on offshore entities | MT5, cTrader, TradingView, Web platform, Mobile app | Visit | ||
| 4.0 | $10 | 0.0 pips (Prime) | up to 1:2000 | MT4, MT5, Web platform | Visit | ||
| 3.8 | $100 | 0 pips (Zero account, floating) | up to 1:3000 | MT4, MT5, Web platform, Mobile app | Visit | ||
| 3.6 | $10 | 0.0 pips (ECN) | up to 1:1000 (offshore entities); up to 1:30 for EU retail clients under CySEC | MT4, MT5, cTrader, Web platform, Mobile app | Visit | ||
| 3.3 | $30 | 0.0 pips (Pro ECN) | up to 1:3000 (reduced to about 1:200 around major news events and before weekend/holiday closures) | MT4, MT5, TradingView, Mobile app | Visit |
Head-to-head comparisons
Comparisons →- XM vs ExnessXM and Exness are both Cyprus-based, high-volume retail brokers built for traders who want a low entry barrier and MetaTrader access, and both count their clients in the millions. XM leans on a huge free-education library and a simple $5-minimum account lineup, while Exness pushes an even lower $10 minimum, near-instant withdrawals, and unusually high leverage on its offshore entity. Costs are close between the two, so the decision usually comes down to how much you value fast payouts and leverage versus structured learning content and copy trading.
- Tickmill vs VantageTickmill and Vantage are both mid-sized ECN brokers regulated by the FCA and offering a mix of onshore and offshore entities, aimed squarely at cost-conscious raw-spread traders. Vantage undercuts Tickmill on minimum deposit ($50 versus $100) and adds a proprietary app and more copy-trading integrations, while Tickmill offers a marginally cheaper Raw commission and free VPS for high-volume algo traders. Neither offers a huge instrument list compared to the largest multi-asset brokers, so the decision mostly comes down to entry cost, platform preference, and copy trading.
- Pepperstone vs IC MarketsPepperstone and IC Markets are both Australian-founded ECN-style brokers built around raw spreads, MetaTrader/cTrader access, and active-trader pricing, and both sit near the top of most 2026 broker rankings. The real choice comes down to details: Pepperstone has no minimum deposit and a slightly broader regulatory footprint, while IC Markets (now also trading as ic.com) offers a far larger instrument list and a marginally cheaper cTrader commission. For most retail forex and CFD traders the two are extremely close on cost, so the decision usually turns on entry barrier, product range, and which regulator you'll actually be protected by.
- IG vs OANDAIG and OANDA are two of the longest-running names in forex and CFD trading — IG since 1974, OANDA since 1996 — and both are heavily regulated with no minimum deposit on their standard accounts. IG is the far bigger operation, with 17,000+ markets and five trading platforms including institutional-grade DMA execution; OANDA is smaller and more forex-focused, but stands out for transparent published pricing, strong research, and being one of the few brokers still serving US retail clients directly. The choice largely comes down to market breadth versus a leaner, US-friendly forex specialist.
- HFM vs FxProHFM (formerly HotForex) and FxPro are both long-running, multi-entity brokers regulated by the FCA and CySEC, but they serve different priorities. HFM leans into no-minimum Cent and Zero accounts with strong emerging-market reach and localized support in 25+ languages; FxPro leans into platform breadth (MT4, MT5, cTrader, and its own FxPro Edge app) and a heavier award haul, including 2026's Broker of the Year at the UF Awards Global. Both split regulatory protection across onshore and offshore entities, so the real difference comes down to account structure, platform choice, and cost transparency.
- FP Markets vs IC MarketsFP Markets and IC Markets are both Sydney-founded ECN brokers built for raw-spread, high-frequency trading, and both have run since the mid-to-late 2000s without major regulatory sanctions. FP Markets offers a slightly lower $3 per lot commission and adds the Iress platform for Australian share trading, while IC Markets carries a larger instrument list and one of the strongest Trustpilot records in the industry. Pricing is close enough between them that platform choice, entity structure, and instrument breadth end up deciding the comparison.
- eToro vs Plus500eToro and Plus500 are both Israeli-founded, publicly listed CFD platforms with no MT4/MT5 support, but they target different traders. eToro is built around real stock/ETF/crypto ownership and social CopyTrader features on top of CFDs; Plus500 is a stripped-down, spread-only CFD platform with a simpler interface and no social layer at all. Both are multi-regulated (FCA, CySEC, ASIC and more), so the real choice is between eToro's investing-plus-social model and Plus500's no-frills, pure-CFD simplicity.
- AvaTrade vs XTBAvaTrade and XTB are both multi-regulated European brokers built for CFD traders who want spread-only pricing rather than raw ECN accounts, but their approach differs sharply. AvaTrade spreads its footprint across seven regulators and layers on unique tools like AvaProtect and AvaSocial copy trading; XTB is a publicly listed, single award-winning platform (xStation 5) with no minimum deposit and a heavier emphasis on in-house research and education. Both charge fixed or near-fixed spreads rather than commission, so the decision mostly comes down to platform ecosystem, copy trading, and how each broker's fee structure fits your trading frequency.
Related guides
All guides →- What Is Negative Balance Protection in Forex Trading?Negative balance protection explained: what it covers, which regulators require it, and which broker entities actually guarantee it in 2026.
- Prop Firm Payouts: How They Actually Work in 2026How prop firm payouts work in 2026: profit splits, payout frequency, refundable fees, and what actually gets paid out at firms like FTMO and Funding Pips.
- Prop Firm Drawdown Rules Explained (Trailing vs. Static)How prop firm drawdown rules work in 2026: daily vs. maximum drawdown, trailing vs. static calculation, and real limits from FTMO, FundedNext, and others.