The World's Most Trusted Broker Comparison Platform
Welcome to BrokerMat — the definitive resource for forex broker comparisons. Our expert team has meticulously tested and analyzed 145+ regulated brokers using 1740+ data points. Every broker undergoes real-money testing, regulatory verification with 27 authorities worldwide, and continuous monitoring.
Whether you're a beginner looking for educational resources, a scalper seeking the lowest spreads, or a professional trader needing institutional-grade execution — our data-driven comparison engine helps you find the right broker for your needs. We cover 145+ regulated brokers across 200+ countries.
Our top picks based on 1740+ data points. Each broker has been tested with real accounts and verified for regulatory compliance.
Exness leads our rankings with exceptional execution speed, ultra-tight spreads from 0.1 pips, and rock-solid regulation. Ideal for serious traders who demand the best.
CySEC
✓ NBP
✓ Segregated
A strong alternative offering competitive pricing and excellent platform variety. XM excels in customer support and educational resources.
CySEC
✓ NBP
✓ Segregated
Best value proposition with low minimum deposit of $200 and generous trading conditions. Perfect for beginners and budget-conscious traders.
ASIC
✓ NBP
✓ Segregated
⚠️ Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs. Consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
| # | Broker | Rating | Spread | Min Deposit | Leverage | Trust | Regulation | Platforms | Action |
|---|---|---|---|---|---|---|---|---|---|
1 |
IC Markets
Est. 2007
|
0.1 pips EUR/USD |
$200 minimum |
1:500 max retail |
95%
|
ASIC
|
MT4
MT5
cT
|
||
2 |
FxPro
Est. 2006
|
0.5 pips EUR/USD |
$100 minimum |
1:500 max retail |
85%
|
CySEC
|
MT4
MT5
cT
|
||
3 |
Exness
Est. 2008
|
0.1 pips EUR/USD |
$1 minimum |
1:Unlimited max retail |
85%
|
CySEC
|
MT4
MT5
|
||
4 |
Tickmill
Est. 2014
|
0.1 pips EUR/USD |
$100 minimum |
1:500 max retail |
90%
|
FCA
|
MT4
MT5
|
||
5 |
XM
Est. 2009
|
1.6 pips EUR/USD |
$5 minimum |
1:1000 max retail |
88%
|
CySEC
|
MT4
MT5
|
||
6 |
BlackBull Markets
Est. 2014
|
0.1 pips EUR/USD |
$0 minimum |
1:500 max retail |
80%
|
FMA
|
MT4
MT5
cT
TV
|
||
7 |
AvaTrade
Est. 2006
|
1.3 pips EUR/USD |
$100 minimum |
1:400 max retail |
88%
|
CBI
|
MT4
MT5
|
||
8 |
JustMarkets
Est. 2012
|
0.3 pips EUR/USD |
$1 minimum |
1:3000 max retail |
62%
|
FSA
|
MT4
MT5
|
||
9 |
FreshForex
Est. 2004
|
0.9 pips EUR/USD |
$0 minimum |
1:2000 max retail |
50%
|
FSA
|
MT4
MT5
|
||
10 |
Interactive Brokers
Est. 1978
|
0.2 pips EUR/USD |
$0 minimum |
1:50 max retail |
99%
|
SEC
|
TV
MT4MT5
|
||
11 |
Pepperstone
Est. 2010
|
0.1 pips EUR/USD |
$0 minimum |
1:500 max retail |
96%
|
FCA
|
MT4
MT5
cT
TV
|
||
12 |
Fidelity Forex
Est. 1946
|
1.0 pips EUR/USD |
$0 minimum |
1:50 max retail |
99%
|
SEC
|
MT4
MT5
|
||
13 |
IG
Est. 1974
|
0.9 pips EUR/USD |
$250 minimum |
1:200 max retail |
98%
|
FCA
|
MT4
TV
|
||
14 |
Charles Schwab Forex
Est. 1971
|
1.2 pips EUR/USD |
$0 minimum |
1:50 max retail |
98%
|
SEC
|
MT4
MT5
|
||
15 |
LMAX Exchange
Est. 2010
|
0.2 pips EUR/USD |
$1000 minimum |
1:100 max retail |
95%
|
FCA
|
MT4
|
||
16 |
Swissquote
Est. 1996
|
1.7 pips EUR/USD |
$1000 minimum |
1:100 max retail |
99%
|
FINMA
|
MT4
MT5
|
||
17 |
TD Ameritrade
Est. 1975
|
1.0 pips EUR/USD |
$0 minimum |
1:50 max retail |
98%
|
SEC
|
MT4
MT5
|
||
18 |
Saxo Bank
Est. 1992
|
0.6 pips EUR/USD |
$2000 minimum |
1:100 max retail |
98%
|
DFSA
|
MT4
|
||
19 |
Degiro
Est. 2008
|
0.0 pips EUR/USD |
$0 minimum |
1:5 max retail |
96%
|
BaFin
|
MT4
MT5
|
||
20 |
TradeStation
Est. 1982
|
1.0 pips EUR/USD |
$0 minimum |
1:50 max retail |
95%
|
SEC
|
MT4
MT5
|
||
21 |
FP Markets
Est. 2005
|
0.1 pips EUR/USD |
$100 minimum |
1:500 max retail |
88%
|
ASIC
|
MT4
MT5
cT
|
||
22 |
Fusion Markets
Est. 2017
|
0.0 pips EUR/USD |
$0 minimum |
1:500 max retail |
78%
|
ASIC
|
MT4
MT5
cT
|
||
23 |
Dukascopy
Est. 2004
|
0.3 pips EUR/USD |
$1000 minimum |
1:200 max retail |
98%
|
FINMA
|
MT4
|
||
24 |
CMC Markets
Est. 1989
|
0.8 pips EUR/USD |
$0 minimum |
1:30 max retail |
97%
|
FCA
|
MT4
|
||
25 |
OANDA
Est. 1996
|
1.3 pips EUR/USD |
$0 minimum |
1:50 max retail |
96%
|
CFTC
|
MT4
MT5
TV
|
||
26 |
Fineco Bank
Est. 1999
|
1.0 pips EUR/USD |
$0 minimum |
1:30 max retail |
95%
|
Bank of Italy
|
MT4
MT5
|
||
27 |
Hargreaves Lansdown
Est. 1981
|
0.0 pips EUR/USD |
$0 minimum |
1:5 max retail |
95%
|
FCA
|
MT4
MT5
|
||
28 |
Tastyworks
Est. 2017
|
1.0 pips EUR/USD |
$0 minimum |
1:50 max retail |
92%
|
SEC
|
MT4
MT5
|
||
29 |
XTB
Est. 2002
|
0.9 pips EUR/USD |
$0 minimum |
1:500 max retail |
92%
|
FCA
|
MT4
|
||
30 |
Admirals
Est. 2001
|
0.8 pips EUR/USD |
$1 minimum |
1:500 max retail |
88%
|
FCA
|
MT4
MT5
|
||
31 |
Vantage
Est. 2009
|
0.1 pips EUR/USD |
$50 minimum |
1:500 max retail |
85%
|
ASIC
|
MT4
MT5
TV
|
||
32 |
Capital.com
Est. 2016
|
0.8 pips EUR/USD |
$20 minimum |
1:30 max retail |
85%
|
FCA
|
MT4
TV
|
||
33 |
FOREX.com
Est. 1999
|
1.2 pips EUR/USD |
$100 minimum |
1:50 max retail |
95%
|
CFTC
|
MT4
MT5
TV
|
||
34 |
Interactive Investor
Est. 1995
|
0.0 pips EUR/USD |
$0 minimum |
1:5 max retail |
92%
|
FCA
|
MT4
MT5
|
||
35 |
WH SelfInvest
Est. 1998
|
0.9 pips EUR/USD |
$2500 minimum |
1:30 max retail |
92%
|
CSSF
|
MT4
|
||
36 |
Trade Republic
Est. 2015
|
0.0 pips EUR/USD |
$0 minimum |
1:1 max retail |
92%
|
BaFin
|
MT4
MT5
|
||
37 |
City Index
Est. 1983
|
0.8 pips EUR/USD |
$100 minimum |
1:30 max retail |
92%
|
FCA
|
MT4
|
||
38 |
eToro
Est. 2007
|
1.0 pips EUR/USD |
$50 minimum |
1:30 max retail |
90%
|
FCA
|
MT4MT5
|
||
39 |
Moomoo
Est. 2018
|
0.0 pips EUR/USD |
$0 minimum |
1:2 max retail |
88%
|
SEC
|
MT4
MT5
|
||
40 |
ActivTrades
Est. 2001
|
0.9 pips EUR/USD |
$0 minimum |
1:400 max retail |
88%
|
FCA
|
MT4
MT5
TV
|
||
41 |
HYCM
Est. 1977
|
0.2 pips EUR/USD |
$100 minimum |
1:500 max retail |
88%
|
FCA
|
MT4
MT5
|
||
42 |
Axi
Est. 2007
|
0.4 pips EUR/USD |
$0 minimum |
1:500 max retail |
85%
|
ASIC
|
MT4
|
||
43 |
ThinkMarkets
Est. 2010
|
0.4 pips EUR/USD |
$0 minimum |
1:500 max retail |
85%
|
ASIC
|
MT4
MT5
|
||
44 |
HFM
Est. 2010
|
1.0 pips EUR/USD |
$5 minimum |
1:1000 max retail |
82%
|
CySEC
|
MT4
MT5
|
||
45 |
Eightcap
Est. 2009
|
0.1 pips EUR/USD |
$100 minimum |
1:500 max retail |
82%
|
ASIC
|
MT4
MT5
TV
|
||
46 |
TMGM
Est. 2013
|
0.0 pips EUR/USD |
$100 minimum |
1:500 max retail |
82%
|
ASIC
|
MT4
MT5
|
||
47 |
Global Prime
Est. 2010
|
0.1 pips EUR/USD |
$0 minimum |
1:500 max retail |
80%
|
ASIC
|
MT4
cT
|
||
48 |
Plus500
Est. 2008
|
0.8 pips EUR/USD |
$100 minimum |
1:30 max retail |
94%
|
FCA
|
MT4MT5
|
||
49 |
AJ Bell
Est. 1995
|
0.0 pips EUR/USD |
$0 minimum |
1:5 max retail |
92%
|
FCA
|
MT4
MT5
|
||
50 |
Ally Invest
Est. 2005
|
1.5 pips EUR/USD |
$0 minimum |
1:50 max retail |
90%
|
SEC
|
MT4
MT5
|
||
51 |
Questrade
Est. 1999
|
1.5 pips EUR/USD |
$1000 minimum |
1:50 max retail |
90%
|
IIROC
|
MT4
MT5
|
||
52 |
Spreadex
Est. 1999
|
0.6 pips EUR/USD |
$1 minimum |
1:200 max retail |
88%
|
FCA
|
MT4MT5
|
||
53 |
FXCM
Est. 1999
|
1.3 pips EUR/USD |
$50 minimum |
1:400 max retail |
85%
|
FCA
|
MT4
TV
|
||
54 |
Darwinex
Est. 2012
|
0.5 pips EUR/USD |
$500 minimum |
1:30 max retail |
85%
|
FCA
|
MT4
MT5
|
||
55 |
Trading 212
Est. 2006
|
1.2 pips EUR/USD |
$1 minimum |
1:30 max retail |
85%
|
FCA
|
MT4MT5
|
||
56 |
Webull
Est. 2017
|
0.0 pips EUR/USD |
$0 minimum |
1:4 max retail |
85%
|
SEC
|
MT4
MT5
|
||
57 |
JFD Bank
Est. 2011
|
0.1 pips EUR/USD |
$500 minimum |
1:400 max retail |
82%
|
CySEC
|
MT4
MT5
|
||
58 |
GO Markets
Est. 2006
|
0.1 pips EUR/USD |
$200 minimum |
1:500 max retail |
82%
|
ASIC
|
MT4
MT5
cT
|
||
59 |
EasyMarkets
Est. 2001
|
0.7 pips EUR/USD |
$25 minimum |
1:400 max retail |
82%
|
CySEC
|
MT4
MT5
|
||
60 |
VT Markets
Est. 2016
|
0.0 pips EUR/USD |
$200 minimum |
1:500 max retail |
78%
|
ASIC
|
MT4
MT5
|
||
61 |
Blueberry Markets
Est. 2016
|
0.1 pips EUR/USD |
$100 minimum |
1:500 max retail |
78%
|
ASIC
|
MT4
MT5
|
||
62 |
ACY Securities
Est. 2011
|
0.0 pips EUR/USD |
$50 minimum |
1:500 max retail |
78%
|
ASIC
|
MT4
MT5
|
||
63 |
TopFX
Est. 2010
|
0.0 pips EUR/USD |
$0 minimum |
1:500 max retail |
75%
|
CySEC
|
MT4
cT
|
||
64 |
Tradeview Markets
Est. 2004
|
0.2 pips EUR/USD |
$100 minimum |
1:400 max retail |
75%
|
CIMA
|
MT4
MT5
cT
|
||
65 |
FXFlat
Est. 1997
|
1.1 pips EUR/USD |
$200 minimum |
1:30 max retail |
90%
|
BaFin
|
MT4
MT5
|
||
66 |
Zacks Trade
Est. 2014
|
0.8 pips EUR/USD |
$2500 minimum |
1:4 max retail |
88%
|
SEC
|
MT4
MT5
|
||
67 |
SoFi Invest
Est. 2011
|
0.0 pips EUR/USD |
$0 minimum |
1:1 max retail |
85%
|
SEC
|
MT4
MT5
|
||
68 |
Trade Nation
Est. 2014
|
0.6 pips EUR/USD |
$0 minimum |
1:200 max retail |
85%
|
FCA
|
MT4
|
||
69 |
Hantec Markets
Est. 1990
|
0.2 pips EUR/USD |
$1000 minimum |
1:200 max retail |
85%
|
FCA
|
MT4
MT5
|
||
70 |
INFINOX
Est. 2009
|
0.3 pips EUR/USD |
$100 minimum |
1:400 max retail |
82%
|
FCA
|
MT4
MT5
|
||
71 |
Valutrades
Est. 2012
|
0.1 pips EUR/USD |
$0 minimum |
1:500 max retail |
82%
|
FCA
|
MT4
MT5
|
||
72 |
MultiBank
Est. 2005
|
0.1 pips EUR/USD |
$50 minimum |
1:500 max retail |
80%
|
ASIC
|
MT4
MT5
|
||
73 |
ICM Capital
Est. 2009
|
0.2 pips EUR/USD |
$200 minimum |
1:200 max retail |
80%
|
FCA
|
MT4
MT5
|
||
74 |
GBE Brokers
Est. 2013
|
0.0 pips EUR/USD |
$500 minimum |
1:400 max retail |
78%
|
CySEC
|
MT4
MT5
|
||
75 |
Equiti
Est. 2008
|
0.0 pips EUR/USD |
$500 minimum |
1:500 max retail |
78%
|
FCA
|
MT4
MT5
|
||
76 |
FXOpen
Est. 2005
|
0.5 pips EUR/USD |
$10 minimum |
1:500 max retail |
78%
|
FCA
|
MT4
MT5
TV
|
||
77 |
FXTM (ForexTime)
Est. 2011
|
1.5 pips EUR/USD |
$10 minimum |
1:2000 max retail |
78%
|
CySEC
|
MT4
MT5
|
||
78 |
FXView
Est. 2018
|
0.0 pips EUR/USD |
$50 minimum |
1:500 max retail |
78%
|
CySEC
|
MT4
MT5
|
||
79 |
Moneta Markets
Est. 2020
|
0.0 pips EUR/USD |
$50 minimum |
1:500 max retail |
75%
|
ASIC
|
MT4
MT5
|
||
80 |
Windsor Brokers
Est. 1988
|
0.2 pips EUR/USD |
$100 minimum |
1:500 max retail |
75%
|
CySEC
|
MT4
|
||
81 |
RoboForex
Est. 2009
|
1.3 pips EUR/USD |
$10 minimum |
1:2000 max retail |
75%
|
FSC
|
MT4
MT5
cT
|
||
82 |
Axiory
Est. 2011
|
0.2 pips EUR/USD |
$10 minimum |
1:777 max retail |
72%
|
FSC
|
MT4
MT5
cT
|
||
83 |
Firstrade
Est. 1985
|
0.0 pips EUR/USD |
$0 minimum |
1:2 max retail |
85%
|
SEC
|
MT4
MT5
|
||
84 |
Robinhood
Est. 2013
|
0.0 pips EUR/USD |
$0 minimum |
1:1 max retail |
85%
|
SEC
|
MT4
MT5
|
||
85 |
Freetrade
Est. 2016
|
0.0 pips EUR/USD |
$0 minimum |
1:1 max retail |
82%
|
FCA
|
MT4
MT5
|
||
86 |
One Financial
Est. 2007
|
1.2 pips EUR/USD |
$250 minimum |
1:200 max retail |
82%
|
FCA
|
MT4
MT5
|
||
87 |
Core Spreads
Est. 2014
|
0.5 pips EUR/USD |
$0 minimum |
1:200 max retail |
82%
|
FCA
|
MT4
|
||
88 |
GKFX Prime
Est. 2010
|
0.4 pips EUR/USD |
$200 minimum |
1:200 max retail |
80%
|
FCA
|
MT4
MT5
|
||
89 |
FXOpen UK
Est. 2005
|
0.2 pips EUR/USD |
$300 minimum |
1:200 max retail |
80%
|
FCA
|
MT4
MT5
|
||
90 |
Conotoxia
Est. 2010
|
0.3 pips EUR/USD |
$20 minimum |
1:100 max retail |
78%
|
CySEC
|
MT5
|
||
91 |
Decode Global
Est. 2004
|
0.0 pips EUR/USD |
$100 minimum |
1:400 max retail |
78%
|
ASIC
|
MT4
MT5
|
||
92 |
EBC Financial
Est. 2020
|
0.0 pips EUR/USD |
$200 minimum |
1:500 max retail |
78%
|
FCA
|
MT4
MT5
|
||
93 |
MultiBank Group
Est. 2005
|
0.8 pips EUR/USD |
$50 minimum |
1:500 max retail |
78%
|
ASIC
|
MT4
MT5
|
||
94 |
ZuluTrade
Est. 2007
|
1.0 pips EUR/USD |
$100 minimum |
1:500 max retail |
78%
|
HCMC
|
MT4
MT5
|
||
95 |
Traders Trust
Est. 2009
|
0.2 pips EUR/USD |
$50 minimum |
1:3000 max retail |
75%
|
CySEC
|
MT4
MT5
|
||
96 |
Colmex Pro
Est. 2010
|
0.0 pips EUR/USD |
$500 minimum |
1:100 max retail |
75%
|
CySEC
|
MT4
|
||
97 |
FxPrimus
Est. 2009
|
0.4 pips EUR/USD |
$100 minimum |
1:1000 max retail |
75%
|
CySEC
|
MT4
MT5
|
||
98 |
FIBOGroup
Est. 1998
|
0.3 pips EUR/USD |
$300 minimum |
1:400 max retail |
75%
|
CySEC
|
MT4
MT5
cT
|
||
99 |
Markets.com
Est. 2008
|
1.2 pips EUR/USD |
$100 minimum |
1:300 max retail |
75%
|
CySEC
|
MT4
MT5
|
||
100 |
Swiss Markets
Est. 2016
|
0.0 pips EUR/USD |
$200 minimum |
1:500 max retail |
75%
|
CySEC
|
MT4
MT5
|
||
101 |
INGOT Brokers
Est. 2006
|
0.7 pips EUR/USD |
$100 minimum |
1:400 max retail |
75%
|
ASIC
|
MT4
MT5
|
||
102 |
ATFX
Est. 2014
|
0.9 pips EUR/USD |
$100 minimum |
1:400 max retail |
75%
|
FCA
|
MT4
|
||
103 |
Skilling
Est. 2016
|
0.7 pips EUR/USD |
$100 minimum |
1:500 max retail |
72%
|
CySEC
|
MT4
cT
|
||
104 |
FBS
Est. 2009
|
0.7 pips EUR/USD |
$1 minimum |
1:3000 max retail |
72%
|
FSC
|
MT4
MT5
|
||
105 |
OctaFX
Est. 2011
|
0.6 pips EUR/USD |
$25 minimum |
1:500 max retail |
72%
|
CySEC
|
MT4
MT5
cT
|
||
106 |
BDSwiss
Est. 2012
|
1.3 pips EUR/USD |
$10 minimum |
1:500 max retail |
70%
|
CySEC
|
MT4
MT5
|
||
107 |
Errante
Est. 2018
|
0.1 pips EUR/USD |
$50 minimum |
1:500 max retail |
70%
|
CySEC
|
MT4
MT5
|
||
108 |
Public.com
Est. 2019
|
0.0 pips EUR/USD |
$0 minimum |
1:1 max retail |
80%
|
SEC
|
MT4
MT5
|
||
109 |
FXCC
Est. 2010
|
0.0 pips EUR/USD |
$0 minimum |
1:500 max retail |
72%
|
CySEC
|
MT4
MT5
|
||
110 |
Scope Markets
Est. 2017
|
0.5 pips EUR/USD |
$50 minimum |
1:500 max retail |
72%
|
CySEC
|
MT4
MT5
|
||
111 |
Squared Financial
Est. 2017
|
0.2 pips EUR/USD |
$250 minimum |
1:500 max retail |
70%
|
CySEC
|
MT4
MT5
|
||
112 |
NAGA
Est. 2015
|
1.2 pips EUR/USD |
$50 minimum |
1:30 max retail |
68%
|
CySEC
|
MT4
MT5
|
||
113 |
Libertex
Est. 1997
|
0.0 pips EUR/USD |
$10 minimum |
1:500 max retail |
68%
|
CySEC
|
MT4
MT5
|
||
114 |
FIBO Group
Est. 1998
|
0.3 pips EUR/USD |
$0 minimum |
1:500 max retail |
68%
|
CySEC
|
MT4
MT5
cT
|
||
115 |
Orbex
Est. 2010
|
0.8 pips EUR/USD |
$200 minimum |
1:500 max retail |
68%
|
CySEC
|
MT4
|
||
116 |
M4Markets
Est. 2019
|
0.1 pips EUR/USD |
$5 minimum |
1:1000 max retail |
68%
|
CySEC
|
MT4
MT5
|
||
117 |
Alpari
Est. 1998
|
1.2 pips EUR/USD |
$0 minimum |
1:1000 max retail |
65%
|
FSC
|
MT4
MT5
|
||
118 |
FXGT
Est. 2019
|
0.2 pips EUR/USD |
$5 minimum |
1:1000 max retail |
65%
|
FSA
|
MT4
MT5
|
||
119 |
FX Giants
Est. 2015
|
0.7 pips EUR/USD |
$100 minimum |
1:500 max retail |
72%
|
FCA
|
MT4
|
||
120 |
LegacyFX
Est. 2017
|
1.5 pips EUR/USD |
$500 minimum |
1:200 max retail |
68%
|
CySEC
|
MT5
|
||
121 |
IronFX
Est. 2010
|
0.5 pips EUR/USD |
$100 minimum |
1:1000 max retail |
68%
|
CySEC
|
MT4
MT5
|
||
122 |
Deriv
Est. 1999
|
1.0 pips EUR/USD |
$5 minimum |
1:1000 max retail |
65%
|
MFSA
|
MT5
|
||
123 |
LiteFinance
Est. 2005
|
2.0 pips EUR/USD |
$50 minimum |
1:500 max retail |
62%
|
CySEC
|
MT4
MT5
|
||
124 |
Headway
Est. 2021
|
0.4 pips EUR/USD |
$0 minimum |
1:2000 max retail |
62%
|
FSC
|
MT4
MT5
|
||
125 |
AMarkets
Est. 2007
|
0.2 pips EUR/USD |
$100 minimum |
1:3000 max retail |
58%
|
FSA
|
MT4
MT5
|
||
126 |
Fortrade
Est. 2013
|
2.8 pips EUR/USD |
$100 minimum |
1:200 max retail |
72%
|
FCA
|
MT4
|
||
127 |
InstaForex
Est. 2007
|
3.0 pips EUR/USD |
$1 minimum |
1:1000 max retail |
60%
|
CySEC
|
MT4
MT5
|
||
128 |
IFC Markets
Est. 2006
|
1.8 pips EUR/USD |
$1 minimum |
1:400 max retail |
60%
|
CySEC
|
MT4
MT5
|
||
129 |
NordFX
Est. 2008
|
0.9 pips EUR/USD |
$10 minimum |
1:1000 max retail |
55%
|
VFSC
|
MT4
MT5
|
||
130 |
RaiseFX
Est. 2019
|
0.0 pips EUR/USD |
$100 minimum |
1:500 max retail |
55%
|
FSA
|
MT4
MT5
|
||
131 |
FXChoice
Est. 2010
|
0.5 pips EUR/USD |
$100 minimum |
1:200 max retail |
55%
|
FSC
|
MT4
MT5
|
||
132 |
Grand Capital
Est. 2006
|
1.4 pips EUR/USD |
$10 minimum |
1:500 max retail |
55%
|
FinaCom
|
MT4
MT5
|
||
133 |
Weltrade
Est. 2006
|
0.5 pips EUR/USD |
$25 minimum |
1:1000 max retail |
52%
|
FSA
|
MT4
MT5
|
||
134 |
Turnkey Forex
Est. 2016
|
0.0 pips EUR/USD |
$10 minimum |
1:500 max retail |
52%
|
FSC
|
MT4
MT5
|
||
135 |
Coinexx
Est. 2017
|
0.1 pips EUR/USD |
$0 minimum |
1:500 max retail |
50%
|
FSA
|
MT4
MT5
|
||
136 |
OspreyFX
Est. 2019
|
0.1 pips EUR/USD |
$10 minimum |
1:500 max retail |
50%
|
FSA
|
MT4
|
||
137 |
Land Prime (ex-LandFX)
Est. 2013
|
0.3 pips EUR/USD |
$300 minimum |
1:500 max retail |
52%
|
FSA
|
MT4
MT5
|
||
138 |
Anzo Capital
Est. 2015
|
0.4 pips EUR/USD |
$100 minimum |
1:500 max retail |
52%
|
FSC
|
MT4
|
||
139 |
Forex4you
Est. 2007
|
2.0 pips EUR/USD |
$1 minimum |
1:1000 max retail |
52%
|
FSC
|
MT4
MT5
|
||
140 |
CedarFX
Est. 2020
|
0.0 pips EUR/USD |
$10 minimum |
1:500 max retail |
48%
|
FSA
|
MT4
|
||
141 |
SimpleFX
Est. 2014
|
1.2 pips EUR/USD |
$0 minimum |
1:500 max retail |
48%
|
FSA
|
MT4MT5
|
||
142 |
LMFX
Est. 2015
|
1.0 pips EUR/USD |
$50 minimum |
1:1000 max retail |
48%
|
FSC
|
MT4
|
||
143 |
SuperForex
Est. 2013
|
1.5 pips EUR/USD |
$1 minimum |
1:3000 max retail |
48%
|
FSC
|
MT4
|
||
144 |
EagleFX
Est. 2019
|
0.6 pips EUR/USD |
$10 minimum |
1:500 max retail |
45%
|
FSA
|
MT4
|
||
145 |
FxGlory
Est. 2011
|
1.6 pips EUR/USD |
$1 minimum |
1:3000 max retail |
45%
|
FSA
|
MT4
|
Est. 2007
ASIC
MT4
MT5
cTrader
Est. 2006
CySEC
MT4
MT5
cTrader
Est. 2008
CySEC
MT4
MT5
Est. 2014
FCA
MT4
MT5
Est. 2009
CySEC
MT4
MT5
Est. 2014
FMA
MT4
MT5
cTrader
Est. 2006
CBI
MT4
MT5
Est. 2012
FSA
MT4
MT5
Est. 2004
FSA
MT4
MT5
Est. 1978
SEC
Est. 2010
FCA
MT4
MT5
cTrader
Est. 1946
SEC
MT4
MT5
Est. 1974
FCA
MT4
Est. 1971
SEC
MT4
MT5
Est. 2010
FCA
MT4
Est. 1996
FINMA
MT4
MT5
Est. 1975
SEC
MT4
MT5
Est. 1992
DFSA
MT4
Est. 2008
BaFin
MT4
MT5
Est. 1982
SEC
MT4
MT5
Est. 2005
ASIC
MT4
MT5
cTrader
Est. 2017
ASIC
MT4
MT5
cTrader
Est. 2004
FINMA
MT4
Est. 1989
FCA
MT4
Est. 1996
CFTC
MT4
MT5
Est. 1999
Bank of Italy
MT4
MT5
Est. 1981
FCA
MT4
MT5
Est. 2017
SEC
MT4
MT5
Est. 2002
FCA
MT4
Est. 2001
FCA
MT4
MT5
Est. 2009
ASIC
MT4
MT5
Est. 2016
FCA
MT4
Est. 1999
CFTC
MT4
MT5
Est. 1995
FCA
MT4
MT5
Est. 1998
CSSF
MT4
Est. 2015
BaFin
MT4
MT5
Est. 1983
FCA
MT4
Est. 2007
FCA
Est. 2018
SEC
MT4
MT5
Est. 2001
FCA
MT4
MT5
Est. 1977
FCA
MT4
MT5
Est. 2007
ASIC
MT4
Est. 2010
ASIC
MT4
MT5
Est. 2010
CySEC
MT4
MT5
Est. 2009
ASIC
MT4
MT5
Est. 2013
ASIC
MT4
MT5
Est. 2010
ASIC
MT4
cTrader
Est. 2008
FCA
Est. 1995
FCA
MT4
MT5
Est. 2005
SEC
MT4
MT5
Est. 1999
IIROC
MT4
MT5
Est. 1999
FCA
Est. 1999
FCA
MT4
Est. 2012
FCA
MT4
MT5
Est. 2006
FCA
Est. 2017
SEC
MT4
MT5
Est. 2011
CySEC
MT4
MT5
Est. 2006
ASIC
MT4
MT5
cTrader
Est. 2001
CySEC
MT4
MT5
Est. 2016
ASIC
MT4
MT5
Est. 2016
ASIC
MT4
MT5
Est. 2011
ASIC
MT4
MT5
Est. 2010
CySEC
MT4
cTrader
Est. 2004
CIMA
MT4
MT5
cTrader
Est. 1997
BaFin
MT4
MT5
Est. 2014
SEC
MT4
MT5
Est. 2011
SEC
MT4
MT5
Est. 2014
FCA
MT4
Est. 1990
FCA
MT4
MT5
Est. 2009
FCA
MT4
MT5
Est. 2012
FCA
MT4
MT5
Est. 2005
ASIC
MT4
MT5
Est. 2009
FCA
MT4
MT5
Est. 2013
CySEC
MT4
MT5
Est. 2008
FCA
MT4
MT5
Est. 2005
FCA
MT4
MT5
Est. 2011
CySEC
MT4
MT5
Est. 2018
CySEC
MT4
MT5
Est. 2020
ASIC
MT4
MT5
Est. 1988
CySEC
MT4
Est. 2009
FSC
MT4
MT5
cTrader
Est. 2011
FSC
MT4
MT5
cTrader
Est. 1985
SEC
MT4
MT5
Est. 2013
SEC
MT4
MT5
Est. 2016
FCA
MT4
MT5
Est. 2007
FCA
MT4
MT5
Est. 2014
FCA
MT4
Est. 2010
FCA
MT4
MT5
Est. 2005
FCA
MT4
MT5
Est. 2010
CySEC
MT5
Est. 2004
ASIC
MT4
MT5
Est. 2020
FCA
MT4
MT5
Est. 2005
ASIC
MT4
MT5
Est. 2007
HCMC
MT4
MT5
Est. 2009
CySEC
MT4
MT5
Est. 2010
CySEC
MT4
Est. 2009
CySEC
MT4
MT5
Est. 1998
CySEC
MT4
MT5
cTrader
Est. 2008
CySEC
MT4
MT5
Est. 2016
CySEC
MT4
MT5
Est. 2006
ASIC
MT4
MT5
Est. 2014
FCA
MT4
Est. 2016
CySEC
MT4
cTrader
Est. 2009
FSC
MT4
MT5
Est. 2011
CySEC
MT4
MT5
cTrader
Est. 2012
CySEC
MT4
MT5
Est. 2018
CySEC
MT4
MT5
Est. 2019
SEC
MT4
MT5
Est. 2010
CySEC
MT4
MT5
Est. 2017
CySEC
MT4
MT5
Est. 2017
CySEC
MT4
MT5
Est. 2015
CySEC
MT4
MT5
Est. 1997
CySEC
MT4
MT5
Est. 1998
CySEC
MT4
MT5
cTrader
Est. 2010
CySEC
MT4
Est. 2019
CySEC
MT4
MT5
Est. 1998
FSC
MT4
MT5
Est. 2019
FSA
MT4
MT5
Est. 2015
FCA
MT4
Est. 2017
CySEC
MT5
Est. 2010
CySEC
MT4
MT5
Est. 1999
MFSA
MT5
Est. 2005
CySEC
MT4
MT5
Est. 2021
FSC
MT4
MT5
Est. 2007
FSA
MT4
MT5
Est. 2013
FCA
MT4
Est. 2007
CySEC
MT4
MT5
Est. 2006
CySEC
MT4
MT5
Est. 2008
VFSC
MT4
MT5
Est. 2019
FSA
MT4
MT5
Est. 2010
FSC
MT4
MT5
Est. 2006
FinaCom
MT4
MT5
Est. 2006
FSA
MT4
MT5
Est. 2016
FSC
MT4
MT5
Est. 2017
FSA
MT4
MT5
Est. 2019
FSA
MT4
Est. 2013
FSA
MT4
MT5
Est. 2015
FSC
MT4
Est. 2007
FSC
MT4
MT5
Est. 2020
FSA
MT4
Est. 2014
FSA
Est. 2015
FSC
MT4
Est. 2013
FSC
MT4
Est. 2019
FSA
MT4
Est. 2011
FSA
MT4
Real, risk-first forex signals — every call fully spelled out (pair, direction, entry, stop-loss, take-profit and the risk per trade) so you know your downside before you act. No fake win-rates, no fake counters, no "AI" buzzwords. Free for you because we're an introducing broker paid by the broker, not by you — we lead with the method, not a fantasy performance figure.
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🎓 Access Free AcademyWe verify every broker's license directly with 27 regulatory authorities worldwide.
Trading with a regulated broker is essential for your protection. Regulated brokers must maintain segregated client accounts, participate in investor compensation schemes, and submit to regular audits. We check every license number against official registries to ensure you're trading with legitimate, supervised brokers. Unregulated brokers offer no protection if something goes wrong.
Highest investor protection. Compensation up to £85,000 (FCA), strict leverage limits, mandatory negative balance protection.
Good protection with €20,000 compensation. Popular for higher leverage. Reliable dispute resolution.
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Our mission is to protect traders from fraud. We've exposed 150+ scams and saved traders over $2.5M.
The forex industry unfortunately attracts scammers who prey on inexperienced traders with promises of guaranteed profits and get-rich-quick schemes. Our dedicated research team monitors the industry 24/7, exposing fraudulent brokers, clone firms, and unlicensed operators. Before depositing with any broker, verify them on our platform.
No legitimate broker or signal provider can guarantee returns. Forex trading involves substantial risk. Anyone promising "100% profit" is lying.
Always verify licenses on the official regulator website. Scammers often display fake license numbers or claim regulation they don't have.
High-pressure sales calls, "limited time offers," and urgency to deposit immediately are classic manipulation techniques.
If a broker makes it difficult to withdraw your money, demands extra fees, or keeps delaying — it's likely a scam.
Scammers copy legitimate broker names, logos, and websites. Always check the exact website URL and verify with the real company.
Massive bonuses, incredibly low spreads, or unrealistic promises. If it sounds too good to be true, it probably is.
Verify any broker's legitimacy using our free checker tool.
Since 2018, we've helped traders worldwide find safe, reliable brokers through rigorous, independent testing.
BrokerMat was founded by former institutional traders and regulatory compliance professionals who were frustrated by the lack of reliable broker information online. We built the platform we wished existed — completely independent, rigorously tested, and always transparent — including about how we make money. Today it's the independent broker comparison platform we wished existed, built to help you make informed decisions.
We don't rely on broker claims. Our team opens and funds real accounts with every broker we review. We execute actual trades, measure execution speed, slippage, and test the withdrawal process. If a broker fails our standards, they don't make the list.
Our rankings are never influenced by payments. Yes, we earn affiliate commissions when you open an account through our links — but this never affects our ratings. Brokers cannot pay for better placement. Our reputation depends on honest reviews.
Markets change constantly. Brokers update their conditions. We refresh spreads, fees, platform features, and regulatory status every week. Our algorithms continuously monitor for significant changes and alert our team for review.
Our team combines 80+ years of financial industry experience. Former bank traders, hedge fund analysts, and regulatory compliance officers. We understand what matters because we've lived it ourselves.
Each broker is scored across 8 weighted categories based on 1740+ individual data points:
License quality, investor protection, segregated accounts, compensation schemes, negative balance protection.
Spreads, commissions, swap rates, deposit/withdrawal fees, inactivity fees, hidden costs.
Speed, slippage, requotes, order types, guaranteed stops, execution policy transparency.
MT4/MT5, cTrader, TradingView, proprietary platforms, charting, research tools, API access.
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Courses, webinars, tutorials, trading guides, beginner resources, ongoing learning.
Market analysis, economic calendar, trading ideas, third-party research integration.
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Everything you need to know about forex brokers, trading, and our platform.
IC Markets is currently ranked #1 based on our comprehensive testing of 1740+ data points. Key highlights:
We use a rigorous, data-driven methodology analyzing 1740+ data points across 8 weighted categories:
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A regulated forex broker operates under the supervision of a government financial authority like the FCA (UK), ASIC (Australia), CySEC (Cyprus), or NFA/CFTC (USA). This matters because:
Unregulated brokers offer no protection if they go bankrupt, refuse withdrawals, or manipulate prices. Always verify licenses on the regulator's official website →
We never quote a win rate or a guaranteed accuracy figure — a round, unverifiable performance number is the classic scam tell. Our free forex signals come fully spelled out:
Signals are market analysis for your own decisions — not advice and not a guarantee. Trading forex and CFDs carries a high risk of loss and most retail accounts lose money. Only trade money you can afford to lose. See how our free forex signals work →
Minimum deposits vary widely depending on the broker and account type:
Our recommendation: Start with at least $500-1,000 for proper risk management. With smaller amounts, position sizing becomes difficult and a few losses can wipe you out.
Most importantly, practice on a demo account first. All reputable brokers offer free demo accounts with virtual money. Trade demo for 2-3 months before risking real capital.
The "best" platform depends on your trading style and experience level:
Most brokers offer multiple platforms. We recommend starting with MT4 for its simplicity and widespread support.
Red flags that indicate a potential scam:
Protection steps:
Spreads vary by account type, broker, and market conditions:
What affects spreads:
When comparing brokers, look at average spreads, not just minimum. Our tables show real measured spreads, not advertised numbers.
Forex trading is legal in most countries. However, regulations vary significantly:
always consult local regulations and a tax professional before trading. Our broker rankings only include brokers that accept clients from your region legally.
Leverage allows you to control a larger position with a smaller amount of capital. For example:
⚠️ Important: While leverage amplifies profits, it equally magnifies losses. A 1% adverse move on a 1:100 leveraged position equals 100% of your margin. This is why 74-89% of retail traders lose money.
Risk management is essential:
Withdrawal times depend on the method and broker:
| Method | Processing | Arrival |
|---|---|---|
| E-wallets (Skrill, Neteller, PayPal) | 0-24 hours | Instant after processing |
| Credit/Debit Cards | 1-3 days | 2-5 business days |
| Bank Wire Transfer | 1-2 days | 3-7 business days |
| Cryptocurrency | 0-24 hours | 10-60 minutes after processing |
Tips for faster withdrawals:
If a broker consistently delays withdrawals or creates obstacles, it's a major red flag.
Absolutely yes. Demo accounts are essential for:
Our recommendation:
Most brokers offer unlimited demo accounts with full platform features. There's no reason to rush into real trading.
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