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
Showing 121-140 of 145 brokers
# Broker Rating Trust Spread Min Deposit Leverage Regulation Platforms Action
121
FX Giants
Est. 2015
3.8
72%
0.7 pips
Variable
$100 1:500
FCA
MT4
122
Headway
Est. 2021
3.8
62%
0.4 pips
$0 1:2000
FSC
MT4 MT5
123
LegacyFX
Est. 2017
3.8
68%
1.5 pips
Variable
$500 1:200
CySEC
MT5
124
AMarkets
Est. 2007
3.8
58%
0.2 pips
Variable
$100 1:3000
FSA
MT4 MT5
125
InstaForex
Est. 2007
3.7
60%
3.0 pips
Variable
$1 1:1000
CySEC
MT4 MT5
126
NordFX
Est. 2008
3.7
55%
0.9 pips
Variable
$10 1:1000
VFSC
MT4 MT5
127
IFC Markets
Est. 2006
3.7
60%
1.8 pips
Fixed
$1 1:400
CySEC
MT4 MT5
128
Fortrade
Est. 2013
3.7
72%
2.8 pips
Variable
$100 1:200
FCA
MT4
129
FXChoice
Est. 2010
3.7
55%
0.5 pips
Variable
$100 1:200
FSC
MT4 MT5
130
RaiseFX
Est. 2019
3.7
55%
0.0 pips
Raw/ECN
$100 1:500
FSA
MT4 MT5
131
Grand Capital
Est. 2006
3.6
55%
1.4 pips
Variable
$10 1:500
FinaCom
MT4 MT5
132
Turnkey Forex
Est. 2016
3.6
52%
0.0 pips
Raw/ECN
$10 1:500
FSC
MT4 MT5
133
FreshForex
Est. 2004
3.6
50%
0.9 pips
Variable
$0 1:2000
FSA
MT4 MT5
134
OspreyFX
Est. 2019
3.6
50%
0.1 pips
Raw/ECN
$10 1:500
FSA
MT4
135
Weltrade
Est. 2006
3.6
52%
0.5 pips
Variable
$25 1:1000
FSA
MT4 MT5
136
Coinexx
Est. 2017
3.6
50%
0.1 pips
Raw/ECN
$0 1:500
FSA
MT4 MT5
137
LMFX
Est. 2015
3.5
48%
1.0 pips
Variable
$50 1:1000
FSC
MT4
138
CedarFX
Est. 2020
3.5
48%
0.0 pips
Variable
$10 1:500
FSA
MT4
139
Forex4you
Est. 2007
3.5
52%
2.0 pips
Variable
$1 1:1000
FSC
MT4 MT5
140
Anzo Capital
Est. 2015
3.5
52%
0.4 pips
Raw/ECN
$100 1:500
FSC
MT4
121

FX Giants

Est. 2015 • FCA
3.8/5
Spread 0.7 pips
Min Deposit $100
Leverage 1:500
Trust 72%
FCA MT4
122

Headway

Est. 2021 • FSC
3.8/5
Spread 0.4 pips
Min Deposit $0
Leverage 1:2000
Trust 62%
FSC MT4 MT5 Copy Trading
123

LegacyFX

Est. 2017 • CySEC
3.8/5
Spread 1.5 pips
Min Deposit $500
Leverage 1:200
Trust 68%
CySEC MT5
124

AMarkets

Est. 2007 • FSA
3.8/5
Spread 0.2 pips
Min Deposit $100
Leverage 1:3000
Trust 58%
FSA MT4 MT5 Copy Trading
125

InstaForex

Est. 2007 • CySEC
3.7/5
Spread 3.0 pips
Min Deposit $1
Leverage 1:1000
Trust 60%
CySEC MT4 MT5 Copy Trading
126

NordFX

Est. 2008 • VFSC
3.7/5
Spread 0.9 pips
Min Deposit $10
Leverage 1:1000
Trust 55%
VFSC MT4 MT5 Copy Trading
127

IFC Markets

Est. 2006 • CySEC
3.7/5
Spread 1.8 pips
Min Deposit $1
Leverage 1:400
Trust 60%
CySEC MT4 MT5
128

Fortrade

Est. 2013 • FCA
3.7/5
Spread 2.8 pips
Min Deposit $100
Leverage 1:200
Trust 72%
FCA MT4
129

FXChoice

Est. 2010 • FSC
3.7/5
Spread 0.5 pips
Min Deposit $100
Leverage 1:200
Trust 55%
FSC MT4 MT5
130

RaiseFX

Est. 2019 • FSA
3.7/5
Spread 0.0 pips
Min Deposit $100
Leverage 1:500
Trust 55%
FSA MT4 MT5
131

Grand Capital

Est. 2006 • FinaCom
3.6/5
Spread 1.4 pips
Min Deposit $10
Leverage 1:500
Trust 55%
FinaCom MT4 MT5 Copy Trading
132

Turnkey Forex

Est. 2016 • FSC
3.6/5
Spread 0.0 pips
Min Deposit $10
Leverage 1:500
Trust 52%
FSC MT4 MT5
133

FreshForex

Est. 2004 • FSA
3.6/5
Spread 0.9 pips
Min Deposit $0
Leverage 1:2000
Trust 50%
FSA MT4 MT5 Copy Trading
134

OspreyFX

Est. 2019 • FSA
3.6/5
Spread 0.1 pips
Min Deposit $10
Leverage 1:500
Trust 50%
FSA MT4
135

Weltrade

Est. 2006 • FSA
3.6/5
Spread 0.5 pips
Min Deposit $25
Leverage 1:1000
Trust 52%
FSA MT4 MT5 Copy Trading
136

Coinexx

Est. 2017 • FSA
3.6/5
Spread 0.1 pips
Min Deposit $0
Leverage 1:500
Trust 50%
FSA MT4 MT5
137

LMFX

Est. 2015 • FSC
3.5/5
Spread 1.0 pips
Min Deposit $50
Leverage 1:1000
Trust 48%
FSC MT4
138

CedarFX

Est. 2020 • FSA
3.5/5
Spread 0.0 pips
Min Deposit $10
Leverage 1:500
Trust 48%
FSA MT4
139

Forex4you

Est. 2007 • FSC
3.5/5
Spread 2.0 pips
Min Deposit $1
Leverage 1:1000
Trust 52%
FSC MT4 MT5 Copy Trading
140

Anzo Capital

Est. 2015 • FSC
3.5/5
Spread 0.4 pips
Min Deposit $100
Leverage 1:500
Trust 52%
FSC MT4

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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: May 27, 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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