Forex Broker Ratings | Find the Best Forex Brokers

How to Choose a Broker: 6 Key Steps

Step 1

Regulation & Safety

Tier-1 watchdogs (FCA, ASIC, CBI)
Segregated funds
Compensation schemes

Step 2

Trading Costs

Compare average EUR/USD spreads & commissions.

Step 3

Execution & Platforms

MT4/MT5, cTrader, proprietary apps
Latency & order types

Step 4

Product Range

FX pairs, indices, crypto, shares, options.

Step 5

Account Types & Min Deposit

Standard vs Raw/ECN, micro lots, funding methods.

Step 6

Support & Extras

24/5 chat, bonuses, education, copy-trade tools.

Interactive Broker Comparison

Select up to 3 brokers:

You can compare up to 3 brokers.

FP Markets

0.3 pipsMin Spread

1:500Max Leverage

ASICCySEC

Broker Matrics

FP Markets

Brokers & Key Metrics

Broker	Tier-1 Licence(s)	Avg EUR/USD Spread	Platforms	Min Deposit	Execution Model	Promotions
FP Markets	ASIC, CySEC	0.3	MT4, MT5, cTrader	$100	ECN	Rebate up to $2/lot
FXCM	FCA, ASIC	0.7	Trading Station, MT4	$50	STP	Referral bonus $25
IG	FCA, BaFin, ASIC	0.86	MT4, ProRealTime, IG Web	$0	Market Maker	Zero fees on FX deposits
XM	CySEC, ASIC	0.3	MT4, MT5, XM App	$5	STP/ECN	No-deposit bonus $30
IC Markets Global	FSA Seychelles	0.1	MT4, MT5, cTrader	$200	ECN	Free VPS over 15 lots
AvaTrade	CBI, ASIC, JFSA, ADGM	0.9	MT4, MT5, AvaTradeGO	$100	MM/STP	20 % deposit bonus
STARTRADER	FSCA	1.3	MT4, MT5, Mobile	$50	STP	100 % credit bonus
RS Finance	None	0.8	RS Trade Web	$100	ECN	Free challenge account
AIMS	FSA Seychelles	1.4	MT4	$100	STP	Rebate $5/lot
Trade Nation	FCA, ASIC	0.8	Trade Nation Web, MT4	$0	MM	Fixed spread model

#1

FP Markets

Rating:0.30

Min Spread:0.3

Max Leverage:1:500

Min Deposit:100

Regulated By:

ASICCySEC

#2

FXCM

Rating:0.70

Min Spread:0.7

Max Leverage:1:400

Min Deposit:50

Regulated By:

FCAASIC

#3

IG

Rating:0.86

Min Spread:0.86

Max Leverage:1:200

Min Deposit:0

Regulated By:

FCABaFin+1

#4

XM

Rating:0.30

Min Spread:0.3

Max Leverage:1:1000

Min Deposit:5

Regulated By:

CySECASIC

#5

IC Markets Global

Rating:0.10

Min Spread:0.1

Max Leverage:1:500

Min Deposit:200

Regulated By:

FSA Seychelles

#6

AvaTrade

Rating:0.90

Min Spread:0.9

Max Leverage:1:400

Min Deposit:100

Regulated By:

CBIASIC+2

#7

STARTRADER

Rating:1.30

Min Spread:1.3

Max Leverage:1:500

Min Deposit:50

Regulated By:

FSCA

#8

RS Finance

Rating:0.80

Min Spread:0.8

Max Leverage:1:500

Min Deposit:100

Regulated By:-

#9

AIMS

Rating:1.40

Min Spread:1.4

Max Leverage:1:500

Min Deposit:100

Regulated By:

FSA Seychelles

#10

Trade Nation

Rating:0.80

Min Spread:0.8

Max Leverage:1:500

Min Deposit:0

Regulated By:

FCAASIC

Which Broker Fits Your Style?

Day-Trader Bella

Style: High-frequency scalping

Needs: Ultra-low raw spreads, lightning execution

IC Markets Global FP Markets

View Review

Part-Time Alex

Style: Evenings, low capital

Needs: Low min deposit, zero-commission standard account

XM Trade Nation

View Review

Algo-Coder Naveen

Style: VPS + API trading

Needs: FIX/REST API, raw pricing, high leverage

RS Finance FXCM

View Review

Frequently Asked Questions

Data verified 24 Jun 2025; always confirm on the broker’s website before opening an account.

Find Your Ideal Forex Broker

Use our data-driven framework to compare regulation, spreads, platforms and more.

How to Choose a Broker: 6 Key Steps

Regulation & Safety

Trading Costs

Execution & Platforms

Product Range

Account Types & Min Deposit

Support & Extras

Interactive Broker Comparison

Brokers & Key Metrics

Which Broker Fits Your Style?

Frequently Asked Questions