Updated 2026

Best Forex Brokers 2026

Compare 145+ regulated brokers with real spreads, verified licenses, and expert ratings. Find your perfect trading partner.

145+ Brokers
20+ Regulators
$0 Min Deposit
0.0 Pips From
Active: Deposit: $0 × Clear All
Showing 21-40 of 41 brokers (filtered)
# Broker Rating Trust Spread Min Deposit Leverage Regulation Platforms Action
21
Moomoo
Est. 2018
4.3
88%
0.0 pips
Zero
$0 1:2
SEC
MT4 MT5
22
ActivTrades
Est. 2001
4.3
88%
0.9 pips
Variable
$0 1:400
FCA
MT4 MT5 TV
23
AJ Bell
Est. 1995 📈 Public
4.2
92%
0.0 pips
Variable
$0 1:5
FCA
MT4 MT5
24
Ally Invest
Est. 2005
4.2
90%
1.5 pips
Variable
$0 1:50
SEC
MT4 MT5
25
Webull
Est. 2017
4.2
85%
0.0 pips
Zero
$0 1:4
SEC
MT4 MT5
26
TopFX
Est. 2010
4.2
75%
0.0 pips
Raw/ECN
$0 1:500
CySEC
MT4 cT
27
Valutrades
Est. 2012
4.1
82%
0.1 pips
Raw/ECN
$0 1:500
FCA
MT4 MT5
28
SoFi Invest
Est. 2011 📈 Public
4.1
85%
0.0 pips
Zero
$0 1:1
SEC
MT4 MT5
29
Trade Nation
Est. 2014
4.1
85%
0.6 pips
$0 1:200
FCA
MT4
30
Freetrade
Est. 2016
4.0
82%
0.0 pips
Zero
$0 1:1
FCA
MT4 MT5
31
Robinhood
Est. 2013 📈 Public
4.0
85%
0.0 pips
Zero
$0 1:1
SEC
MT4 MT5
32
Firstrade
Est. 1985
4.0
85%
0.0 pips
Zero
$0 1:2
SEC
MT4 MT5
33
Core Spreads
Est. 2014
4.0
82%
0.5 pips
$0 1:200
FCA
MT4
34
FXCC
Est. 2010
3.9
72%
0.0 pips
$0 1:500
CySEC
MT4 MT5
35
Public.com
Est. 2019
3.9
80%
0.0 pips
Zero
$0 1:1
SEC
MT4 MT5
36
Alpari
Est. 1998
3.9
65%
1.2 pips
Variable
$0 1:1000
FSC
MT4 MT5
37
FIBO Group
Est. 1998
3.9
68%
0.3 pips
Variable
$0 1:500
CySEC
MT4 MT5 cT
38
Headway
Est. 2021
3.8
62%
0.4 pips
$0 1:2000
FSC
MT4 MT5
39
Coinexx
Est. 2017
3.6
50%
0.1 pips
Raw/ECN
$0 1:500
FSA
MT4 MT5
40
FreshForex
Est. 2004
3.6
50%
0.9 pips
Variable
$0 1:2000
FSA
MT4 MT5
21

Moomoo

Est. 2018 • SEC
4.3/5
Spread 0.0 pips
Min Deposit $0
Leverage 1:2
Trust 88%
SEC MT4 MT5
22

ActivTrades

Est. 2001 • FCA
4.3/5
Spread 0.9 pips
Min Deposit $0
Leverage 1:400
Trust 88%
FCA MT4 MT5
23

AJ Bell

Est. 1995 • FCA
4.2/5
Spread 0.0 pips
Min Deposit $0
Leverage 1:5
Trust 92%
FCA MT4 MT5
24

Ally Invest

Est. 2005 • SEC
4.2/5
Spread 1.5 pips
Min Deposit $0
Leverage 1:50
Trust 90%
SEC MT4 MT5
25

Webull

Est. 2017 • SEC
4.2/5
Spread 0.0 pips
Min Deposit $0
Leverage 1:4
Trust 85%
SEC MT4 MT5
26

TopFX

Est. 2010 • CySEC
4.2/5
Spread 0.0 pips
Min Deposit $0
Leverage 1:500
Trust 75%
CySEC MT4 cTrader Copy Trading
27

Valutrades

Est. 2012 • FCA
4.1/5
Spread 0.1 pips
Min Deposit $0
Leverage 1:500
Trust 82%
FCA MT4 MT5
28

SoFi Invest

Est. 2011 • SEC
4.1/5
Spread 0.0 pips
Min Deposit $0
Leverage 1:1
Trust 85%
SEC MT4 MT5
29

Trade Nation

Est. 2014 • FCA
4.1/5
Spread 0.6 pips
Min Deposit $0
Leverage 1:200
Trust 85%
FCA MT4
30

Freetrade

Est. 2016 • FCA
4.0/5
Spread 0.0 pips
Min Deposit $0
Leverage 1:1
Trust 82%
FCA MT4 MT5
31

Robinhood

Est. 2013 • SEC
4.0/5
Spread 0.0 pips
Min Deposit $0
Leverage 1:1
Trust 85%
SEC MT4 MT5
32

Firstrade

Est. 1985 • SEC
4.0/5
Spread 0.0 pips
Min Deposit $0
Leverage 1:2
Trust 85%
SEC MT4 MT5
33

Core Spreads

Est. 2014 • FCA
4.0/5
Spread 0.5 pips
Min Deposit $0
Leverage 1:200
Trust 82%
FCA MT4
34

FXCC

Est. 2010 • CySEC
3.9/5
Spread 0.0 pips
Min Deposit $0
Leverage 1:500
Trust 72%
CySEC MT4 MT5
35

Public.com

Est. 2019 • SEC
3.9/5
Spread 0.0 pips
Min Deposit $0
Leverage 1:1
Trust 80%
SEC MT4 MT5
36

Alpari

Est. 1998 • FSC
3.9/5
Spread 1.2 pips
Min Deposit $0
Leverage 1:1000
Trust 65%
FSC MT4 MT5 Copy Trading
37

FIBO Group

Est. 1998 • CySEC
3.9/5
Spread 0.3 pips
Min Deposit $0
Leverage 1:500
Trust 68%
CySEC MT4 MT5 cTrader Copy Trading
38

Headway

Est. 2021 • FSC
3.8/5
Spread 0.4 pips
Min Deposit $0
Leverage 1:2000
Trust 62%
FSC MT4 MT5 Copy Trading
39

Coinexx

Est. 2017 • FSA
3.6/5
Spread 0.1 pips
Min Deposit $0
Leverage 1:500
Trust 50%
FSA MT4 MT5
40

FreshForex

Est. 2004 • FSA
3.6/5
Spread 0.9 pips
Min Deposit $0
Leverage 1:2000
Trust 50%
FSA MT4 MT5 Copy Trading

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Frequently Asked Questions

What is the best forex broker for beginners?

The best forex brokers for beginners offer low minimum deposits ($0-$100), comprehensive educational resources, unlimited demo accounts, and strong regulation. Top choices include eToro for social trading, XM for education, and Plus500 for simplicity. Look for brokers with negative balance protection and 24/7 customer support.

Which forex broker has the lowest spreads?

ECN/Raw spread brokers offer the lowest spreads starting from 0.0 pips on major pairs like EUR/USD. Top low-spread brokers include IC Markets (0.0 pips + $3.50 commission), Pepperstone (0.0 pips + $3.50), and LMAX Exchange. Note that raw spread accounts charge a commission per lot traded.

How do I choose a regulated forex broker?

Look for brokers regulated by Tier-1 authorities: FCA (UK), ASIC (Australia), SEC/CFTC (USA), FINMA (Switzerland), or MAS (Singapore). Always verify the license number on the regulator's official register. Tier-1 regulated brokers offer investor compensation schemes, segregated client funds, and strict operational requirements.

What is the minimum deposit to start forex trading?

Minimum deposits range from $0 to $10,000+ depending on the broker and account type. Many brokers like XM, Exness, and FBS offer $0-$5 minimum deposits. For serious trading, $100-$500 is recommended to properly manage risk with standard lot sizes. Professional accounts may require $10,000+.

MT4 vs MT5: Which platform should I choose?

MetaTrader 4 (MT4) is ideal for forex-focused traders with its vast library of indicators and EAs. MetaTrader 5 (MT5) offers more timeframes, economic calendar, depth of market, and support for stocks/futures. Choose MT4 for simplicity and forex focus, MT5 for multi-asset trading and advanced features.

⚠️ 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. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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How We Rate Brokers

Last verified: February 25, 2026
1
Real Account Testing

We open live accounts and test execution, deposits, and withdrawals

2
Regulation Verification

All licenses verified on official regulator websites (FCA, ASIC, CySEC)

3
Spread Monitoring

Spreads measured during London/NY sessions over 30 days

4
User Feedback

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