Best Forex Brokers

Independently reviewed and rated. Updated regularly.

Read our full forex brokers review — IC Markets, Exness, XM, XTB & more →
BrokerRatingMin DepositSpreads FromRegulationPlatforms
IC Markets4.7$2000 pipsASIC, CySEC, FSA (Seychelles)MT4, MT5, cTraderVisit
Exness4.4$100 pipsGlobally RegulatedMT4, MT5Visit
FP Markets4.4$1000 pipsASIC, CySECMT4, MT5, cTrader, IRESSVisit
XTB4.4$00.5 pipsFCA, CySEC, KNFxStation 5, MT4Visit
FxPro4.3$1000 pipsFCA, CySEC, FSCA, SCBMT4, MT5, cTraderVisit
XM4.3$50.6 pipsASIC, CySEC, DFSAMT4, MT5Visit
AvaTrade4.2$1000.9 pipsASIC, Central Bank of Ireland, FSCAMT4, MT5, AvaTradeGOVisit
Eightcap4.1$1000 pipsASIC, FCA, SCBMT4, MT5, TradingViewVisit
FXTM4.0$2000 pipsFCA, CySEC, FSCAMT4, MT5Visit
FBS3.8$50.7 pipsASIC, CySEC, FSCMT4, MT5Visit
VT Markets3.8$500 pipsFSCA, FSC MauritiusMT4, MT5, TradingViewVisit
FN Markets3.4$500 pipsMISA (Comoros)MT5Visit
InstaForex3.2$10.2 pipsCySEC, BVI FSCMT4, MT5Visit

A raw-spread ECN heavyweight built for active traders — tight pricing, deep liquidity and execution that holds up under fire.

Spreads from 0 pips· Min $200

Famous for near-instant withdrawals and aggressive leverage, with sharp conditions on gold. A serious tool — respect the size button.

Spreads from 0 pips· Min $10

The underrated Australian raw-ECN broker that active traders rate and beginners overlook. Tight pricing, strong execution, less marketing.

Spreads from 0 pips· Min $100
XTB
XTB
4.4

A publicly listed broker with one of the best proprietary platforms (xStation) and institutional-grade trust. Quality over rock-bottom pricing.

Spreads from 0.5 pips· Min $0

A veteran, multi-regulated broker with a no-dealing-desk reputation and a full platform buffet. Longevity is the selling point.

Spreads from 0 pips· Min $100
XM
XM
4.3

A huge, established, beginner-friendly broker heavy on education and support. A solid first home, less essential once you chase raw pricing.

Spreads from 0.6 pips· Min $5

A heavily regulated, beginner-solid broker with broad licensing and tidy platforms. Reliability over rock-bottom spreads.

Spreads from 0.9 pips· Min $100

A chart-first broker with native TradingView integration and a deep crypto-CFD range. Built for the modern trader.

Spreads from 0 pips· Min $100
FXTM
FXTM
4.0

An established, education-focused broker with a strong emerging-markets presence. Credible and learning-friendly.

Spreads from 0 pips· Min $200
FBS
FBS
3.8

Loud, promo-heavy and enormous in emerging markets. Fine if you ignore the gimmicks and trade clean.

Spreads from 0.7 pips· Min $5

A fast-growing challenger competing on tight pricing and clean execution. Promising — do the usual due diligence.

Spreads from 0 pips· Min $50

FundedNext’s offshore-only brokerage — fast onboarding and tight raw spreads, but no Tier-1 regulation and no negative balance protection. Tread carefully.

Spreads from 0 pips· Min $50

Old-school and huge across the CIS region, with a CySEC EU arm but a mixed reputation and wide standard spreads. Tread carefully.

Spreads from 0.2 pips· Min $1