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Broker Ranking

The Broker Ranking

Regulation, minimum deposits, spreads and our panel's verdict on every ranked broker. Every broker below is scored by our editorial panel on execution, regulation, costs and withdrawals — updated as conditions change.

  • 01
    9.4/ 10
    FPmarkets
    FPmarkets
    ASICFSCAFSA

    Top pick

    Min Deposit

    $100

    Spread from

    0.1 pip

    FP Markets offers multiple account types and trading platforms, making it suitable for both new and experienced traders. The broker provides competitive spreads, a broad range of CFD products, and access to professional trading tools.

  • 02
    9.1/ 10
    Ultima Markets
    Ultima Markets
    FCACySECFSCA

    Beginner friendly

    Min Deposit

    $50

    Spread from

    0 pip

    Ultima Markets is an international Forex and CFD broker providing access to a wide range of global financial markets. Traders can access Forex, precious metals, commodities, indices, shares, and other CFD products through its trading platforms.

  • 03
    9.0/ 10
    Exness
    Exness
    FCACySECFSA

    Instant withdrawals

    Min Deposit

    $10

    Spread from

    0.3 pip

    Exness is one of the largest retail forex brokers by trading volume, known for instant withdrawals and tight spreads.

  • 04
    8.8/ 10
    Startrader
    Startrader
    ASICFCAFSCA

    Great Performance

    Min Deposit

    $50

    Spread from

    0.2 pip

    STARTRADER is a global Forex and CFD broker established in 2012, providing traders with access to a broad range of financial markets. The broker offers competitive trading conditions, multiple account options, and access to the popular MetaTrader trading platforms.

  • 05
    8.6/ 10
    XM
    XM
    CySECASICIFSC

    Great education

    Min Deposit

    $5

    Spread from

    0.6 pip

    XM offers over 1,000 instruments with strong educational resources and frequent deposit bonuses.

  • 06
    8.3/ 10
    FXTM
    FXTM
    FCACySECFSC

    Solid copy trading

    Min Deposit

    $10

    Spread from

    1.5 pip

    FXTM (ForexTime) serves traders worldwide with copy trading, cent accounts and localized support.

  • 07
    8.1/ 10
    OctaFX
    OctaFX
    CySECFSCA

    Low entry barrier

    Min Deposit

    $25

    Spread from

    0.6 pip

    OctaFX is popular in Asia for its low deposits, swap-free accounts and copy trading platform.

  • 08
    8.0/ 10
    Pepperstone
    Pepperstone
    FCAASICDFSA

    Outstanding regulation

    Min Deposit

    $0

    Spread from

    0 pip

    Pepperstone combines razor-sharp pricing with top-tier regulation and excellent execution speed.

  • 09
    7.8/ 10
    IC Markets
    IC Markets
    ASICCySECFSA

    Best overall execution

    Min Deposit

    $200

    Spread from

    0 pip

    IC Markets is a favourite among scalpers and algo traders thanks to raw spreads from 0.0 pips and deep liquidity.

  • 10
    7.7/ 10
    Tickmill
    Tickmill
    FCACySECFSA

    Lowest commissions

    Min Deposit

    $100

    Spread from

    0 pip

    Tickmill offers institutional-grade pricing with some of the lowest commissions in the industry.

Risk Warning: Trading Forex and CFDs on leverage carries a high level of risk and may not be suitable for all investors. You could lose some or all of your invested capital. Content on this website is for informational purposes only and does not constitute investment advice. Please consider carefully before trading.