Broker Reviews

Compare 42+ forex and CFD brokers. Read our unbiased, in-depth reviews covering fees, platforms, regulation, and more.

Expert Reviewed
Updated March 2026
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Showing 42 of 42 brokers
IG logo

IG

Rating 4.9/5
4.9out of 5

Min Deposit
$0
Spread
Varies
Max Leverage
1:200
Regulated by:FCA, ASIC, MAS
Pepperstone logo

Pepperstone

Rating 4.8/5
4.8out of 5

Min Deposit
$0
Spread
Varies
Max Leverage
1:500
Regulated by:ASIC, FCA
Assets:CFD, Forex
Active Promotion: Up to 20% cash rebates via Active Trader program. Free TradingView Essential pla View Details
Saxo Bank logo

Saxo Bank

Rating 4.8/5
4.8out of 5

Min Deposit
$0
Spread
Varies
Max Leverage
1:500
Regulated by:
Assets:Forex
CMC Markets logo

CMC Markets

Rating 4.7/5
4.7out of 5

Min Deposit
$0
Spread
1.2 pips
Max Leverage
1:500
Regulated by:FCA, CIRO
Assets:Forex
Markets.com logo

Markets.com

Rating 4.7/5
4.7out of 5

Min Deposit
$100
Spread
0.6 pips
Max Leverage
1:300
Regulated by:FCA, CySEC, ASIC +1
IC Markets logo

IC Markets

Rating 4.6/5
4.6out of 5

Min Deposit
$200
Spread
Avg. 0.1 pips
Max Leverage
1:500
Regulated by:ASIC, CySEC
Assets:Forex
Active Promotion: Raw Trader Plus rebate up to $2.50/lot. Save ~$1.50/lot with 21% lifetime commis View Details
XTB logo

XTB

Rating 4.6/5
4.6out of 5

Min Deposit
$0
Spread
Varies
Max Leverage
1:500
Regulated by:
Assets:Forex
Active Promotion: 50% deposit bonus (min $100) for non-EU/UK clients. UK: free share with code TOP View Details
MultiBank logo

MultiBank

Rating 4.6/5
4.6out of 5

Min Deposit
$50
Spread
1.5 pips
Max Leverage
1:500
Regulated by:SCA, VARA, ASIC +2
Assets:Forex, Stocks, Indices
eToro logo

eToro

Rating 4.6/5
4.6out of 5

Min Deposit
$50
Spread
1 pips
Max Leverage
1:30
Regulated by:CySEC, FCA
Active Promotion: Free stock/asset worth up to $500 based on first deposit amount. Refer friends f View Details
OANDA logo

OANDA

Rating 4.6/5
4.6out of 5

Min Deposit
$0
Spread
Varies
Max Leverage
1:500
Regulated by:
Assets:Forex
Exness logo

Exness

Rating 4.5/5
4.5out of 5

Min Deposit
$0
Spread
From 0.2 pips
Max Leverage
1:500
Regulated by:CySEC, FSCA, CMA +2
Assets:Forex
Active Promotion: Earn up to 90% of spread/commission back daily via partner codes. Premier client View Details
FP Markets logo

FP Markets

Rating 4.5/5
4.5out of 5

Min Deposit
$100
Spread
Avg. 0.11 pips
Max Leverage
1:500
Regulated by:ASIC, CySEC
Assets:CFD, Forex
Active Promotion: Referral bonus pays $50-$200 after a friend funds and trades the required volume View Details
XM logo

XM

Rating 4.5/5
4.5out of 5

Min Deposit
$5
Spread
From 0.8 pips
Max Leverage
1:1000
Regulated by:CySEC, ASIC, IFSC
Assets:Forex
Active Promotion: $30 no-deposit bonus for new clients. Profits withdrawable after meeting volume View Details
AvaTrade logo

AvaTrade

Rating 4.5/5
4.5out of 5

Min Deposit
$100
Spread
From 0.9 pips
Max Leverage
1:400
Regulated by:CySEC, MiFID II
Active Promotion: Up to 40% welcome deposit bonus, max $10,000. Tiered from $50 bonus on $250 depo View Details
Tickmill logo

Tickmill

Rating 4.5/5
4.5out of 5

Min Deposit
$100
Spread
Varies
Max Leverage
1:500
Regulated by:FCA, CySEC
Assets:CFD, Forex
Active Promotion: $30 no-deposit bonus for new clients (60-day trading period). Trader of the Mont View Details
Global Prime logo

Global Prime

Rating 4.5/5
4.5out of 5

Min Deposit
$0
Spread
0.2 pips
Max Leverage
1:500
Regulated by:ASIC (High)
Assets:Forex
GO Markets logo

GO Markets

Rating 4.5/5
4.5out of 5

Min Deposit
$0
Spread
0.4 pips
Max Leverage
1:500
Regulated by:ASIC (High), CySEC (High), FSC Mauritius (Medium)
Assets:Forex
Plus500 logo

Plus500

Rating 4.5/5
4.5out of 5

Min Deposit
$0
Spread
Varies
Max Leverage
1:300
Regulated by:
Assets:Stocks, CFD
HFM logo

HFM

Rating 4.4/5
4.4out of 5

Min Deposit
$5
Spread
Varies
Max Leverage
1:2000
Regulated by:FCA, CySEC, FSCA
Active Promotion: 100% SuperCharged bonus credit plus daily rebates on qualifying Forex and Gold v View Details
FXCM logo

FXCM

Rating 4.4/5
4.4out of 5

Min Deposit
$50
Spread
1.3 pips
Max Leverage
1:400
Regulated by:FCA
FXTM logo

FXTM

Rating 4.4/5
4.4out of 5

Min Deposit
$10
Spread
Typically 0.0 pips
Max Leverage
1:2000
Regulated by:CySEC, FCA
Active Promotion: Use code HELLOFXTM on first deposits to unlock up to $500 in reward points after View Details
TMGM logo

TMGM

Rating 4.4/5
4.4out of 5

Min Deposit
$100
Spread
0 pips
Max Leverage
1:500
Regulated by:ASIC, FMA, VFSC
Assets:Forex, CFD
Axi logo

Axi

Rating 4.4/5
4.4out of 5

Min Deposit
$0
Spread
From 0.6 pips
Max Leverage
1:500
Regulated by:FCA, ASIC
Assets:Forex
Active Promotion: Trade with Axi funds up to $1M through Axi Select. No registration or monthly fe View Details
ThinkMarkets logo

ThinkMarkets

Rating 4.4/5
4.4out of 5

Min Deposit
$0
Spread
0.4 pips
Max Leverage
1:500
Regulated by:CySEC, FCA
Forex.com logo

Forex.com

Rating 4.4/5
4.4out of 5

Min Deposit
$100
Spread
Varies
Max Leverage
1:50
Regulated by:NFA, CFTC, FCA
Assets:Forex
RoboForex logo

RoboForex

Rating 4.3/5
4.3out of 5

Min Deposit
$10
Spread
Avg. 1.3 pips
Max Leverage
1:2000
Regulated by:FSC
Assets:CFD, Forex
Active Promotion: $30 welcome bonus for new verified accounts after a $10 card deposit on eligible View Details
BlackBull Markets logo

BlackBull Markets

Rating 4.3/5
4.3out of 5

Min Deposit
$0
Spread
From 0.8 pips
Max Leverage
1:500
Regulated by:FMA, FSA
Assets:Forex
Active Promotion: Free TradingView subscription on volume. Refer-a-friend: up to $250 for both. 10 View Details
Hantec Markets logo

Hantec Markets

Rating 4.3/5
4.3out of 5

Min Deposit
$10
Spread
0.8 pips
Max Leverage
1:500
Regulated by:FCA, ASIC
Assets:Forex
Active Promotion: $50 no-deposit bonus (region-dependent). 50% deposit bonus in select regions. $2 View Details
FxPro logo

FxPro

Rating 4.3/5
4.3out of 5

Min Deposit
$100
Spread
1.4 pips
Max Leverage
1:500
Regulated by:FCA, CySEC, FSCA
Eightcap logo

Eightcap

Rating 4.3/5
4.3out of 5

Min Deposit
$0
Spread
Varies
Max Leverage
1:500
Regulated by:
Assets:Crypto, CFD
Active Promotion: 20% deposit bonus + 20% trading fee discount with code BONUS99. $30 free credit View Details
Fusion Markets logo

Fusion Markets

Rating 4.3/5
4.3out of 5

Min Deposit
$0
Spread
0 pips
Max Leverage
1:500
Regulated by:ASIC (High)
Assets:Forex
HYCM logo

HYCM

Rating 4.3/5
4.3out of 5

Min Deposit
$100
Spread
1.8 pips
Max Leverage
1:500
Regulated by:FCA, CySEC, DFSA
Active Promotion: 10% trading credit on deposits of $100+ (max $5,000). Refer-a-friend with $180 d View Details
VT Markets logo

VT Markets

Rating 4.2/5
4.2out of 5

Min Deposit
$50
Spread
From 0.0 pips
Max Leverage
1:500
Regulated by:ASIC, FSCA
Assets:CFD, Forex
Active Promotion: 100% deposit bonus + free Telegram signals. Join @unshakabletraders — VT Markets View Details
LiteFinance logo

LiteFinance

Rating 4.2/5
4.2out of 5

Min Deposit
$50
Spread
1.8 pips
Max Leverage
1:500
Regulated by:CySEC, FSC
Assets:Forex, Crypto, Commodities
Active Promotion: $50 free trading credit for new clients with promo code tryfree. No initial depo View Details
Libertex logo

Libertex

Rating 4.2/5
4.2out of 5

Min Deposit
$10
Spread
0 pips
Max Leverage
1:30
Regulated by:CySEC
Assets:Forex, CFD, Crypto
Active Promotion: 100% welcome bonus up to $10,000 on first deposit (min $100). 10% commission cas View Details
FBS logo

FBS

Rating 4.2/5
4.2out of 5

Min Deposit
$5
Spread
Varies
Max Leverage
1:500
Regulated by:IFSC, CySEC
Assets:CFD, Forex
Active Promotion: $100 free bonus for new clients. Also: 100% deposit bonus and $140 Level Up bonu View Details
EasyMarkets logo

EasyMarkets

Rating 4.1/5
4.1out of 5

Min Deposit
$25
Spread
0.7 pips
Max Leverage
1:500
Regulated by:CySEC, ASIC, FSA
Active Promotion: Exclusive welcome gift for new clients. 50% deposit bonus to boost your margin o View Details
Vantage Markets logo

Vantage Markets

Rating 4.0/5
4.0out of 5

Min Deposit
$50
Spread
Varies
Max Leverage
1:1000
Regulated by:ASIC, FCA
Assets:Forex
Active Promotion: 50% first-deposit credit up to $500 plus 10% on subsequent deposits. Total cap $ View Details
Deriv logo

Deriv

Rating 4.0/5
4.0out of 5

Min Deposit
$5
Spread
Varies
Max Leverage
1:500
Regulated by:MFSA, LFSA, VFSC
Blueberry Markets logo

Blueberry Markets

Rating 4.0/5
4.0out of 5

Min Deposit
$100
Spread
1 pips
Max Leverage
1:500
Regulated by:ASIC
Assets:Forex, Indices, Commodities
Active Promotion: 20% credit bonus on deposits over $100 (claim within 24h). Prop firm discounts 3 View Details
Admiral Markets logo

Admiral Markets

Rating 4.0/5
4.0out of 5

Min Deposit
$100
Spread
0.6 pips
Max Leverage
1:500
Regulated by:CySEC, FCA
TIO Markets logo

TIO Markets

Rating 3.0/5
3.0out of 5

Min Deposit
$50
Spread
1 pips
Max Leverage
N/A
Regulated by:FCA
Assets:Forex, Indices, Commodities

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Frequently Asked Questions

We evaluate brokers based on multiple criteria including regulation status, trading fees, platform quality, customer service, deposit/withdrawal options, and overall user experience. Each broker undergoes hands-on testing by our team of experienced traders.

Key factors to consider include: regulatory status (FCA, ASIC, CySEC are top-tier), trading costs (spreads and commissions), available trading platforms (MT4, MT5, proprietary), minimum deposit requirements, and the range of tradable instruments.

While we include regulatory information for each broker, not all brokers have the same level of regulation. We clearly display each broker's regulatory status so you can make an informed decision based on your risk tolerance and jurisdiction.

Our broker reviews are updated regularly to reflect changes in fees, features, and regulatory status. Major updates are typically made quarterly, with critical changes (like regulatory issues) updated immediately.

Our ratings are based on objective criteria and hands-on testing. While we may receive compensation from some brokers through affiliate partnerships, this does not influence our ratings or review content. We prioritize transparency and accuracy.