Forex Broker Reviews
Explore our independent reviews of the world's leading forex brokers. Filter results based on your preferences and compare brokers aligned with your trading style.
Platform
Asset class
49 brokers
Showing 12 of 49 brokers.
IG
Top Rated
Overall
4.7
/ 5
RegulationFCACFTCNFA+9 more
Broker TypeMarket Maker, DMA
Min. Deposit$0
Platforms
Web, Mobile, TradingView, MetaTrader 4, MetaTrader 5, ProRealTime, L2 Dealer
FeesLow 4.6/5
Max. Leverage1:30 (FCA, BaFin, ASIC, MAS), 1:50 (US via tastyfx), up to 1:200 (other jurisdictions)
Demo AccountYes
Inactivity FeeVaries
70% of retail FX and CFD accounts lose money.
CMC Markets
Best for Range of Currency Pairs
Overall
4.6
/ 5
RegulationFCABaFinCIRO+5 more
Broker TypeMarket Maker, DMA
Min. Deposit$0
Platforms
Web, Mobile, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
FeesLow 4.1/5
Max. Leverage1:30 (FCA, BaFin, ASIC, MAS retail), 1:200 (BMA Bermuda retail), up to 1:500 (professional)
Demo AccountYes
Inactivity FeeYes
73% of retail FX and CFD accounts lose money.
Capital.com
Best for Low-Cost Entry
Overall
4.5
/ 5
RegulationFCACySECASIC+3 more
Broker TypeMarket Maker
Min. Deposit$10
Platforms
Web, Mobile, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
FeesLow 4.8/5
Max. Leverage1:30 (FCA, CySEC and ASIC retail), 1:200 (Bahamas entity), 1:500 (UAE entity). Up to 1:500 for professional clients where available
Demo AccountYes
Inactivity FeeNo
82% of retail FX and CFD accounts lose money.
Pepperstone
Best for Algorithmic Trading
Overall
4.5
/ 5
RegulationASICFCABaFin+5 more
Broker TypeSTP, ECN, DMA
Min. Deposit$0
Platforms
Web, Mobile, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
FeesLow 4.6/5
Max. Leverage1:30 (FCA, ASIC, CySEC, BaFin, DFSA), 1:200 (SCB Bahamas, SCA UAE), 1:400 (CMA Kenya)
Demo AccountYes
Inactivity FeeNo
74% of retail FX and CFD accounts lose money.
Admiral Markets
Top Rated
Overall
4.4
/ 5
RegulationFCACySECEFSA+4 more
Broker TypeSTP
Min. Deposit$25
Platforms
Admiral Markets Mobile App, Admiral Markets Web Platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
FeesLow 4.3/5
Max. Leverage1:30 (FCA/CySEC/EFSA retail), up to 1:500 (professional), up to 1:1000 (FSA Seychelles)
Demo AccountYes
Inactivity FeeYes
75% of retail FX and CFD accounts lose money.
FP Markets
Top Rated Broker
Overall
4.4
/ 5
RegulationASICCySECFSCA+1 more
Broker TypeSTP, ECN, Market Maker, DMA
Min. Deposit$100
Platforms
Web, Mobile, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, IRESS
FeesLow 4.7/5
Max. Leverage1:500
Demo AccountYes
Inactivity FeeNo
72.5% of retail FX and CFD accounts lose money.
GO Markets
Top Rated
Overall
4.4
/ 5
RegulationASICCySECFSA Seychelles+1 more
Broker TypeSTP, ECN
Min. Deposit$0
Platforms
Mobile App, Desktop Platform, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
FeesLow 4.8/5
Max. Leverage1:30 (ASIC and CySEC retail), 1:500 (FSC Mauritius), 1:300 (FSA Seychelles)
Demo AccountYes
Inactivity FeeNo
72% of retail FX and CFD accounts lose money.
Interactive Brokers
Best Overall
Overall
4.4
/ 5
RegulationSECFINRACFTC+10 more
Broker TypeDMA
Min. Deposit$0
Platforms
Web, Mobile, Desktop, TradingView
FeesLow 4.6/5
Max. LeverageSpot forex up to 1:40, 1:50 for US clients, 1:20 for Hong Kong. Forex CFDs 1:30 for UK, EU and Australian retail clients
Demo AccountYes
Inactivity FeeNo
66% of retail FX and CFD accounts lose money.
Saxo
Best for Multi-Asset Trading
Overall
4.4
/ 5
RegulationDanish FSAFCAMAS+9 more
Broker TypeSTP, ECN, Market Maker, DMA
Min. Deposit$0
Platforms
Web, Mobile, Desktop, TradingView
FeesLow 4.4/5
Max. Leverage1:30 (retail FCA, ESMA, ASIC), higher for professional clients
Demo AccountYes
Inactivity FeeNo
61% of retail FX and CFD accounts lose money.
Vantage
Top Rated Broker
Overall
4.4
/ 5
RegulationASICFCAFSC Mauritius+3 more
Broker TypeSTP, ECN
Min. Deposit$50
Platforms
Vantage Web Platform, Vantage Mobile App, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), ProTrader
FeesLow 4.8/5
Max. Leverage1:30 (FCA), 1:30 (ASIC), 1:2000 (VFSC), 1:2000 (FSC Mauritius)
Demo AccountYes
Inactivity FeeNo
74% of retail FX and CFD accounts lose money.
Overall
4.3
/ 5
RegulationCySECASICFSA Seychelles+2 more
Broker TypeMarket Maker
Min. Deposit$25
Platforms
easyMarkets Web Platform, easyMarkets Mobile App, TradingView, MetaTrader 4, MetaTrader 5
FeesLow 4.4/5
Max. Leverage1:400 (easyMarkets Web, App and TradingView), 1:2000 (MT4 and MT5, offshore entities). 1:30 for CySEC and ASIC retail clients
Demo AccountYes
Inactivity FeeYes
75% of retail FX and CFD accounts lose money.
Overall
4.3
/ 5
RegulationASICCySECFSC Belize+1 more
Broker TypeMarket Maker
Min. Deposit$5
Platforms
Mobile App, Web Platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
FeesLow 4.8/5
Max. Leverage1:30 (ASIC), 1:30 (CySEC), 1:3000 (FSC Belize)
Demo AccountYes
Inactivity FeeNo
72% of retail FX and CFD accounts lose money.
Showing 12 of 49