FBRForex Broker Rating

Forex Broker Reviews

Browse our independent forex broker reviews, each rated across key categories including regulation, fees, platforms, and customer service. Find the right broker for your trading style.

Asset class

Regulation

Platform

Interactive Brokers
 logo
4.8/ 5
RegulationSEC · FINRA · FCA+7 more
Broker TypeDMA
Min. Deposit$0
PlatformsWeb, Mobile, Desktop, TradingView
FeesLow 4.7/5
Max. Leverage1:50
Demo AccountYes
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Saxo logo
SaxoTop Rated
4.7/ 5
RegulationFSA Denmark · FCA · ASIC+12 more
Broker TypeSTP, ECN, Market Maker, DMA
Min. Deposit$0
PlatformsWeb, Mobile, Desktop, TradingView
FeesLow 4.5/5
Max. Leverage1:50
Demo AccountYes
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XTB logo
XTBTop Rated
4.7/ 5
RegulationFCA · KNF · DFSA+3 more
Broker TypeSTP, Market Maker
Min. Deposit$0
PlatformsxStation Mobile App, xStation Web Platform, xStation Desktop Platform
FeesLow 4.6/5
Max. Leverage1:400 (UK/ EU), 1:30 (International)
Demo AccountYes
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IG logo
IGTop Rated
4.7/ 5
RegulationFCA · CFTC · NFA+10 more
Broker TypeMarket Maker, DMA
Min. Deposit$0
PlatformsWeb, Mobile, TradingView, MetaTrader 4, MetaTrader 5, ProRealTime, L2 Dealer
FeesLow 4.6/5
Max. Leverage1:200
Demo AccountYes
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Pepperstone logo
PepperstoneTop Rated
4.6/ 5
RegulationASIC · FCA · BaFIN+4 more
Broker TypeSTP, ECN, DMA
Min. Deposit$0
PlatformsWeb, Mobile, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
FeesLow 4.8/5
Max. Leverage1:1000
Demo AccountYes
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ThinkMarkets logo
ThinkMarketsTop Rated
4.6/ 5
RegulationASIC · FCA · NZFMA+7 more
Broker TypeSTP, ECN
Min. Deposit$50
PlatformsThinkTrader Web Platform, ThinkTrader Mobile App, TradingView, MetaTrader 4, MetaTrader 5
FeesLow 4.6/5
Max. Leverage1:2500
Demo AccountYes
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Oanda logo
OandaTop Rated
4.6/ 5
RegulationFCA · CTFC · NFA+6 more
Broker TypeMarket Maker
Min. Deposit$0
PlatformsWeb, Mobile, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
FeesAverage 4.4/5
Max. Leverage1:200
Demo AccountYes
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FP Markets logo
FP MarketsTop Rated
4.6/ 5
RegulationASIC · CySEC · FSCA+2 more
Broker TypeSTP, ECN, Market Maker, DMA
Min. Deposit$100
PlatformsWeb, Mobile, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, IRESS
FeesLow 4.7/5
Max. Leverage1:500
Demo AccountYes
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Swissquote logo
SwissquoteTop Rated
4.6/ 5
RegulationFINMA · FCA · DFSA+6 more
Broker TypeECN, STP, DMA
Min. Deposit$1,000
PlatformsSwissquote App, Swissquote Web Platform (CFXD), TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
FeesLow 4.5/5
Max. Leverage1:100
Demo AccountYes
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CMC Markets logo
CMC MarketsTop Rated
4.6/ 5
RegulationFCA · BaFin · CIRO+4 more
Broker TypeMarket Maker, DMA
Min. Deposit$0
PlatformsWeb, Mobile, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
FeesLow 4.5/5
Max. Leverage1:500
Demo AccountYes
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Fusion Markets logo
4.6/ 5
RegulationASIC · FSA · VFSC
Broker TypeSTP, ECN
Min. Deposit$10
PlatformsTradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
FeesLow 4.5/5
Max. Leverage1:500
Demo AccountYes
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Moneta Markets logo
4.5/ 5
RegulationFCA · CMA · FSCA+2 more
Broker TypeSTP, ECN
Min. Deposit$50
PlatformsMobile App, Web Platform, MetaTrader 4, MetaTrader 5
FeesAverage 4.4/5
Max. Leverage1:500 (FSA), 1:1000 (CMA), 1:500 (FSCA), 1:30 (FCA)
Demo AccountYes
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easyMarkets logo
easyMarketsTop Rated
4.5/ 5
RegulationCySEC · ASIC · FSA+2 more
Broker TypeMarket Maker
Min. Deposit$25
PlatformseasyMarkets Web Platform, easyMarkets Mobile App, TradingView, MetaTrader 4, MetaTrader 5
FeesAverage 4.2/5
Max. Leverage1:2000
Demo AccountYes
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GO Markets logo
GO MarketsTop Rated
4.5/ 5
RegulationASIC · CySEC · FSA+1 more
Broker TypeSTP, ECN
Min. Deposit$0
PlatformsMobile App, Desktop Platform, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
FeesLow 4.6/5
Max. Leverage1:500
Demo AccountYes
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Forex.com logo
Forex.comTop Rated
4.5/ 5
RegulationNFA · CFTC · CIRO+5 more
Broker TypeMarket Maker, STP, DMA
Min. Deposit$100
PlatformsWeb, Mobile, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
FeesAverage 4.2/5
Max. Leverage1:200
Demo AccountYes
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Tickmill logo
TickmillTop Rated
4.5/ 5
RegulationFCA · CySEC · DFSA+2 more
Broker TypeSTP, NDD
Min. Deposit$100
PlatformsTickmill Trader Web Platform, Tickmill Trader App, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), CGQ, Agena Trader, TT Trading Technologies
FeesLow 4.6/5
Max. Leverage1:1000
Demo AccountYes
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Admiral Markets logo
4.5/ 5
RegulationFCA · CySEC · FSCA+4 more
Broker TypeSTP
Min. Deposit$25
PlatformsAdmiral Markets Mobile App, Admiral Markets Web Platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
FeesLow 4.6/5
Max. Leverage1:1000
Demo AccountYes
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Plus500 logo
Plus500Top Rated
4.5/ 5
RegulationFCA · ASIC · FMA+10 more
Broker TypeMarket Maker
Min. Deposit$100
PlatformsPlus500 Moboile App, Plus500 Web Platform
FeesAverage 4.3/5
Max. Leverage1:300
Demo AccountYes
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BlackBull Markets logo
4.5/ 5
RegulationFMA · FSA
Broker TypeSTP, ECN
Min. Deposit$0
PlatformsTradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
FeesAverage 4.3/5
Max. Leverage1:500 (FMA), 1:500 (FSA)
Demo AccountYes
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AvaTrade logo
AvaTradeTop Rated
4.5/ 5
RegulationASIC · CySEC · IIROC+7 more
Broker TypeMarket Maker
Min. Deposit$100
PlatformsAvaTrade Mobile App, AvaTrade Web Platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
FeesAverage 4.4/5
Max. Leverage1:400
Demo AccountYes
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Blueberry Markets logo
4.5/ 5
RegulationASIC · VFSC
Broker TypeSTP, ECN
Min. Deposit$100
PlatformsMobile App, Web Platorm, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
FeesLow 4.5/5
Max. Leverage1:500
Demo AccountYes
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Capital.com logo
Capital.comTop Rated
4.5/ 5
RegulationFCA · CySEC · ASIC+3 more
Broker TypeMarket Maker
Min. Deposit$20
PlatformsWeb, Mobile, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
FeesLow 4.6/5
Max. Leverage1:500
Demo AccountYes
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Trading 212 logo
4.4/ 5
RegulationFCA · CySEC · BaFin+1 more
Broker TypeMarket Maker
Min. Deposit$1
PlatformsMobile App, Web Platform
FeesAverage 4.0/5
Max. Leverage1:30
Demo AccountYes
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ActivTrades logo
4.4/ 5
RegulationFCA · CONSOB · CMVM+4 more
Broker TypeSTP
Min. Deposit$10
PlatformsActiveTrader Web Platform, ActiveTrader Mobile App, TradingView, MetaTrader 4, MetaTrader 5
FeesLow 4.6/5
Max. Leverage1:400
Demo AccountYes
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Exness logo
4.4/ 5
RegulationCySEC · FCA · FSCA+6 more
Broker TypeMarket Maker, STP, ECN
Min. Deposit$10
PlatformsExness Trade App, Exness Web Terminal, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
FeesLow 4.5/5
Max. Leverage1:Unlimited
Demo AccountYes
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IC Markets logo
4.4/ 5
RegulationASIC · CySEC · FSA
Broker TypeECN
Min. Deposit$100
PlatformsWeb, Mobile, MT4, MT5
FeesLow 4.5/5
Max. Leverage1:1000
Demo AccountYes
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RegulationFCA · ASIC · HKGX+5 more
Broker TypeSTP, ECN
Min. Deposit$10
PlatformsMobile App, Web Platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
FeesLow 4.5/5
Max. Leverage1:30 (FCA), 1:500 (FSCM), 1:1000 (VFSC), 1:1000 (FSA), 1:30 (ASIC), 1:100 (HKGX)
Demo AccountYes
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Vantage logo
4.4/ 5
RegulationASIC · FCA · CIMA+3 more
Broker TypeSTP, ECN
Min. Deposit$50
PlatformsVantage Web Platform, Vantage Mobile App, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), ProTrader
FeesLow 4.7/5
Max. Leverage1:2000
Demo AccountYes
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FXPro logo
4.4/ 5
RegulationFCA · CySEC · SCB+1 more
Broker TypeNDD
Min. Deposit$100
PlatformsFXPro Mobile App, FXPro WebTrader, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
FeesLow 4.6/5
Max. Leverage1:Unlimited
Demo AccountYes
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Trade Nation logo
4.3/ 5
RegulationFCA · ASIC · FSA+2 more
Broker TypeMarket Maker
Min. Deposit$0
PlatformsTN Trader Web Platform, TN Trafer Mobile App, TradingView, MetaTrader 4 (MT4)
FeesLow 4.5/5
Max. Leverage1:200
Demo AccountYes
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tastyfx logo
4.3/ 5
RegulationCFTC · NFA
Broker TypeMarket Maker
Min. Deposit$1
Platformstastyfx Mobile App, tastyfx Web Platoform, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), ProRealTime
FeesLow 4.6/5
Max. Leverage1:50
Demo AccountYes
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XM logo
4.3/ 5
RegulationCySEC · FSCA · FSA+2 more
Broker TypeMarket Maker
Min. Deposit$5
PlatformsXM App, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
FeesAverage 4.4/5
Max. Leverage1:1000
Demo AccountYes
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Mitrade logo
4.3/ 5
RegulationASIC · CySEC · CIMA+3 more
Broker TypeMarket Maker
Min. Deposit$20
PlatformsMobile App, Web Platform, Desktop Platform
FeesAverage 4.4/5
Max. Leverage1:30 (CySEC), 1:30 (ASIC), 1:200 (CIMA), 1:200 (FSCM), 1:200 (FSCA), 1:200 (CMA)
Demo AccountYes
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FXCM logo
4.3/ 5
RegulationFCA · CySEC · ASIC+1 more
Broker TypeSTP, Market Maker
Min. Deposit$50
PlatformsWeb, Mobile, Desktop, Trading Station, TradingView, MetaTrader 4 (MT4), Capitalise AI
FeesLow 4.6/5
Max. Leverage1:1000
Demo AccountYes
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FBS logo
4.3/ 5
RegulationASIC · CySEC · FSC+1 more
Broker TypeSTP, ECN
Min. Deposit$5
PlatformsMobile App, Web Platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
FeesAverage 4.1/5
Max. Leverage1:3000
Demo AccountYes
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VT Markets logo
4.3/ 5
RegulationASIC · FSP · FSC
Broker TypeSTP, ECN
Min. Deposit$50
PlatformsMobile App, Web Platform, TradingView, MetaTrader 4, MetaTrader 5
FeesLow 4.5/5
Max. Leverage1:1000
Demo AccountYes
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eToro logo
4.2/ 5
RegulationSEC · FINRA · FCA+7 more
Broker TypeMarket Maker
Min. Deposit$50
PlatformsEtoro Mobile App, Etoro Web Platform
FeesAverage 4.0/5
Max. Leverage1:400
Demo AccountYes
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Trading.com logo
4.2/ 5
RegulationFCA · NFA · CySEC+1 more
Broker TypeMarket Maker
Min. Deposit$50
PlatformsMobile App, Web Platform, MetaTrader 5 (MT5)
FeesAverage 4.0/5
Max. Leverage1:50 (US), 1:30 (UK), 1:30 (EU), 1:30 (AU)
Demo AccountYes
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FXTM logo
4.2/ 5
RegulationFCA · CMA · FSC+3 more
Broker TypeSTP, ECN, Market Maker
Min. Deposit$200
PlatformsFXTM Mobile App, FXTM Web Platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
FeesAverage 4.4/5
Max. Leverage1:2000 (CMA), 1:3000 (FSC), 1:30 (FCA)
Demo AccountYes
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IronFX logo
4.2/ 5
RegulationFCA · CySEC · FSCA+1 more
Broker TypeSTP, ECN, Market Maker
Min. Deposit$100
PlatformsIronFX Mobile App, IronFX Web Platform, MetaTrader 4 (MT4)
FeesLow 4.5/5
Max. Leverage1:2000
Demo AccountYes
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Markets.com logo
4.1/ 5
RegulationCySEC · FSCA · FSA
Broker TypeMarket Maker
Min. Deposit$100
PlatformsMobile App, Web Platform, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
FeesAverage 4.0/5
Max. Leverage1:1000
Demo AccountYes
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Dukascopy logo
4.1/ 5
RegulationFINMA · FCMC · JFSA
Broker TypeSTP, ECN
Min. Deposit$100
PlatformsMobile App, Web Platform, Desktop Platform, MetaTrader 4, MetaTrader 5
FeesAverage 4.0/5
Max. Leverage1:200
Demo AccountYes
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TMGM logo
4.1/ 5
RegulationASIC · FMA · VFSC+2 more
Broker TypeSTP, ECN, Market Maker
Min. Deposit$100
PlatformsMobile App, Web Platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
FeesAverage 4.4/5
Max. Leverage1:30 (ASIC), 1:1000 (FSCM), 1:1000 (VFSC), 1:1000 (CMA)
Demo AccountYes
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Eightcap logo
4.0/ 5
RegulationASIC · FCA · CySEC+2 more
Broker TypeSTP, ECN, NDD
Min. Deposit$100
PlatformsTradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradeLocker
FeesLow 4.6/5
Max. Leverage1:500
Demo AccountYes
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HYCM logo
4.0/ 5
RegulationFCA · DFSA · CIMA
Broker TypeMarket Maker, STP, ECN
Min. Deposit$20
PlatformsMobile App, Web Platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
FeesLow 4.5/5
Max. Leverage1:30 (FCA), 1:500 (DFSA), 1:500 (CIMA)
Demo AccountYes
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Global Prime logo
4.0/ 5
RegulationASIC · FSC
Broker TypeSTP, ECN, NDD
Min. Deposit$0
PlatformsMobile App, Web Platform, MetaTrader 4, MetaTrader 5
FeesAverage 4.3/5
Max. Leverage1:500
Demo AccountYes
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City Index logo
3.8/ 5
RegulationFCA · ASIC · MAS
Broker TypeMarket Maker
Min. Deposit$0
PlatformsWeb Trader, Mobile App, TradingView, MetaTrader 4 (MT4)
FeesLow 4.5/5
Max. Leverage1:30
Demo AccountYes
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FXOpen logo
3.8/ 5
RegulationFCA · ASIC · CySEC
Broker TypeSTP, ECN, NDD
Min. Deposit$1
PlatformsTickTrader Web Platform, TickTrader Mobile App, TradingView, MetaTrader 4, MetaTrader 5
FeesAverage 4.3/5
Max. Leverage1:500
Demo AccountYes
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RegulationFCA
Broker TypeMarket Maker
Min. Deposit$5
PlatformsSpreadex Web Platform, Spreadex Mobile App, TradingView
FeesLow 4.5/5
Max. Leverage1:30
Demo AccountNo
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money.