Comprehensive
Ranking

At our website, we meticulously evaluate forex brokers based on a comprehensive set of criteria to ensure that our rankings provide users with the most accurate and beneficial information.
We selected the 20 best forex brokers based on factors such as regulatory compliance, trading costs, trading platforms, leverage, etc.

1.FOREX.com

FOREX.com offer spread-only and commission-based trading with tight spreads. The broker is regulated by the CFTC and FCA, ensuring a safe trading environment.

2.XM

XM is a reputable forex broker known for providing a user-friendly trading platform and a wide range of financial instruments. Established in 2009, the broker offers competitive spreads, flexible leverage, and various account types. With a strong global presence, XM is favored by both novice and experienced traders.

3.Plus500

Plus500 is a leading CFD provider with a wide range of Financial instruments for trade and includes negative balance protection. And Plus500 offers spreads as low as 1.9 pips.

4.Avatrade

AvaTrade is an internationally regulated forex and CFD broker that offers commissions free trading. In addition to 55 Forex Pairs, our AvaTrade review found a typical EURUSD spread is 0.9 and they offer 42 forex options and good risk management.

5.FPMarkets

FP Markets has low spreads and is regulated with ASIC, CySEC and FSCA. Our FP Markets review found this Forex broker has good trading platforms, a wide range of CFD markets as well as fast execution speeds.

6.FXTM

FXTM is a global MT4/MT5 forex broker giving traders access to a wide array of markets. Sometimes referred to as ForexTime, FXTM offers clients low-cost trading, fast execution and world-class forex education.

7.CMC Markets

Founded in 1989, CMC Markets is one of the largest forex brokers offering over 9,500 CFDs products across FX, indices, shares to cryptocurrencies with EUR/USD spreads from 0.7 pips and margin rates from 0.20% with cash rebates for high volume forex traders.

8.Pepperstone

Pepperstone is the best-rated forex broker based on trading experience, low fee structure and customer support levels. The most popular Pepperstone razor account minimum spreads are 0 pips in the EUR/USD currency pair with a $3.50 commission per lot charged.

9.IC Markets

IC Markets is an ASIC and CySEC-regulated forex broker with solid forex trading platforms, low spreads and high leverage. The broker is a solid choice for traders looking for low fees using the MetaTrader 4 or 5 platforms.

10.ATFX

ATFX is an internationalized online currency trading platform, headquartered in London, UK, providing global investors with trading, precious metals, crude oil, stocks, indices, including more than 100 kinds of CFD trading products, and its efficient and safe deposit and withdrawal experience is highly favored by investors.

11.IG Group

IG is the largest retail forex broker with solid reviews, a range of markets including forex, CFD and shares combined with competitive spreads and the choice of trading platforms.

12.Exness

Exness is a regulated forex broker, compliant with major authorities like CySEC and FCA, ensuring a secure trading environment. Known for competitive spreads, it caters to various trading styles. The broker offers diverse account types, accommodating both beginners and professionals.

13.eToro

Established in 2007 in Israel, eToro offers a unique forex trading platform that incorporates CFDs social trading across markets from cryptocurrencies including bitcoin, and indices to trading ETFs.

14.OANDA

OANDA is a USA Forex specialist in FX spot trading. This Forex broker offers 68 forex pairs with the choice of a spread-only or core pricing account. OANDA also offer OANDA Trade, MT4 and TradingView trading platforms.

15.FxPro

FxPro is an NDD forex broker regulated by the FCA, FSCA, SCB and CySEC offering the choice of the MetaTrader 4, MetaTrader 5 or cTrader forex trading platform, range of CFDs including 70+ forex pairs with low EUR/USD spreads from 0.5 pips and strong customer support.

16.Tickmill

Tickmill offering180+ instruments with spreads as low as 0.0 pips and some of the lowest commissions on the market. And all trading platforms are powered by innovative technology and advanced features to cater for our clients’ evolving needs.

17.Axi

Australian forex broker Axi offers ECN style tight spreads for its Pro Account. Through the MT4 platform, you can access 140+ currency pairs for forex trading, $0 minimum deposit, fast execution, award-winning customer support and other CFD products including cryptocurrencies like Bitcoin.

18.TMGM

TMGM (formerly known as TradeMax Global Markets) is a multi-regulated forex broker with a powerful presence in Australia and New Zealand. This fx broker has low spreads with ECN pricing, MetaTrader 4 and DMA execution for stocks with IRESS.

19.HYCM

HYCM is one of the oldest forex brokers commencing as HY Markets in 1977 with a worldwide presence including FCA, CYSEC and DFCA in Dubai. The CFD broker offers the choice of the MetaTrader 4 or 5 forex trading platform, three account types, strong customer support and reviews.

20.GO Markets

GO Markets introduced the GO Plus+ forex trading account to replace their forex broker pro account which now offers 0.0 pip spreads, the MT4 trading platform, strong customer support and a range of currency pairs backed by ASIC regulation including segregated clients’ funds.