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Live Rates
LIVE
EUR/USD1.09240+0.14%
GBP/USD1.26810−0.08%
USD/JPY149.440+0.21%
USD/SGD1.33820+0.06%
XAU/USD2,024.5−0.33%
9.4
Top Rated
100+
Reviewed
$0
Min Deposit
Brokers reviewed Pepperstone IC Markets XM Group eToro AvaTrade FxPro Capital.com Admiral Markets FXTM IG Group Saxo Bank Plus500 FP Markets OANDA Exness RoboForex FBS Brokers reviewed Pepperstone IC Markets XM Group eToro AvaTrade FxPro Capital.com
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In the Industry
Editor's Picks — Updated January 2024
Best Forex Brokers Right Now

Real account tested. Scored across 12 criteria. No paid rankings.

View All 100+ →
#BrokerRatingMin. DepositAvg. SpreadRegulation
1
Pepperstone
ECN/STP · MT4, MT5, cTrader, TradingView
★★★★★9.4$0
0.0 pips
Razor account
ASIC · FCA · DFSAReviewVisit ↗
2
IC Markets
True ECN · MT4, MT5, cTrader
★★★★★9.2$200
0.0 pips
Raw account
ASIC · CySEC · SCBReviewVisit ↗
3
XM Group
Market Maker · MT4, MT5 · 10M+ clients
★★★★½8.8$5
1.6 pips
Standard account
CySEC · ASIC · DFSAReviewVisit ↗
4
AvaTrade
Market Maker · MT4, MT5, AvaOptions
★★★★½8.7$100
0.9 pips
Standard account
ASIC · FSA · FSCA · BVIFSCReviewVisit ↗
5
eToro
Social Trading · Copy Trading · 30M users
★★★★8.4$50
1.0 pip
EUR/USD avg
FCA · ASIC · CySECReviewVisit ↗
6
FP Markets
ECN · MT4, MT5, Iress · Australia
★★★★8.6$100
0.0 pips
Raw account
ASIC · CySECReviewVisit ↗

⚠ CFDs carry a high risk of losing money. 68–89% of retail investor accounts lose money when trading CFDs. Consider whether you can afford to take the high risk of losing your money.

Browse by need
Find Your Perfect Match
🎯
Best for Beginners
Low minimums, excellent education, and simple platforms for new traders.
12 brokers reviewed → 📉
Lowest Spreads
ECN brokers with raw spreads from 0.0 pips for active traders.
8 brokers compared → 📋
Copy Trading
Mirror top traders automatically with social investing platforms.
7 platforms reviewed → ₿
Crypto CFDs
Trade Bitcoin, Ethereum and 50+ crypto CFDs alongside forex.
10 brokers reviewed → ⚡
Scalping
Ultra-fast execution, no scalping restrictions, tight raw spreads.
9 brokers reviewed → ⚙️
MetaTrader 4
MT4 brokers with fast servers and tight spreads for EA traders.
22 brokers reviewed → 🇸🇬
Singapore
MAS-regulated brokers and SGD account options for SG traders.
14 brokers → 🇯🇵
Japan 日本
FSA-regulated brokers and JPY accounts. Full Japanese guide.
日本語ページ →
Latest Reviews
In-Depth Broker Reviews
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9.4/10
★★★★★
Pepperstone Review 2026
Our highest-rated broker. Raw ECN spreads from 0.0 pips, ultra-fast 30ms execution, and regulated by ASIC, FCA and DFSA. Exceptional for scalpers and algo traders who need institutional-grade liquidity.
ECN0.0 pip spreads$0 mincTrader
Read Full Review →
9.2/10
★★★★★
IC Markets Review 2026
World's largest True ECN broker by volume. Institutional-quality liquidity, sub-40ms execution, and $3.50/lot raw commissions make it the gold standard for scalpers and algorithmic traders.
True ECNcTrader$200 min24/7 support
Read Full Review →
8.8/10
★★★★½
XM Group Review 2026
Over 10 million clients globally. Outstanding for beginners — $5 minimum deposit, 1,000+ video lessons, daily webinars in 30 languages, and a generous welcome bonus. CySEC and ASIC regulated.
Beginners$5 min1,000+ lessonsBonus
Read Full Review →
Our methodology
How Every Review is Built
01
Open a Real Money Account
We deposit real capital and trade live at every broker we review. We experience the onboarding, deposit, withdrawal, and support process exactly as a trader would. No testing from a press account.
02
Score 12 Independent Criteria
Regulation, spreads, commissions, platforms, execution speed, deposit/withdrawal, support quality, education depth, research tools, instruments, account types, and mobile experience — each scored 1–10 separately.
03
Re-test Every Quarter
Broker conditions change constantly. We re-test every 90 days and update scores the same day we detect a meaningful change. Our ratings are always current — never stale copy from 2 years ago.
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Spread Cost Comparison
Compare the real spread costs across 10 top brokers for any currency pair, side by side.
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Broker Comparison Tool
Compare up to 3 brokers side by side across fees, regulation, platforms, and account types.
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Global Coverage
Best Brokers By Region

Regulations, availability, and payment methods vary significantly by country.

🇸🇬
Singapore
MAS-regulated brokers, SGD accounts
14 brokers accept SG →
 🇯🇵
Japan / 日本
FSA-regulated and JPY account brokers
日本語ページあり →
 🇦🇺
Australia
ASIC-regulated, AUD accounts
18 brokers accept AU →
 🇧🇷
Brazil
Top brokers for BRL traders, PIX payments
16 brokers accept BR →
 🇦🇪
UAE / Middle East
DFSA-regulated, Islamic account options
12 brokers accept UAE →
 🇬🇧
United Kingdom
FCA-regulated, FSCS protected brokers
20 brokers accept UK →
Market Intelligence
Latest Forex News & Analysis
All News →
Central Banks
Fed signals pause on rate hikes as inflation data cools in Q1 2024
Jan 29, 2024 · 4 min read
Regulation
Pepperstone receives new DFSA licence — what it means for UAE traders
Jan 24, 2024 · 3 min read
Market Analysis
USD/JPY at 150 — Bank of Japan intervention risk mounts in 2024
Jan 22, 2024 · 5 min read
Singapore
MAS tightens retail forex leverage rules — what changes for SG traders
Jan 18, 2024 · 4 min read
🔒

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