Brokers Profile
Trusted by 100,000+ Traders

Find Your PerfectForex Broker

Compare 100+ regulated brokers with our expert reviews, detailed comparisons, and real user ratings. Make smarter trading decisions with BrokersProfile.

100+

Brokers Reviewed

50K+

User Reviews

15+

Years Experience

Trusted Brokers We Analyze

100+ regulated forex brokers — independently reviewed

+ 90 more regulated brokers reviewed in our database

Smart Broker Matcher

Find Your Perfect Broker

Answer 4 quick questions and get personalised broker matches based on your country, budget and trading style.

No sign-up required. Updated daily.

Editor's Picks

Top Rated Forex Brokers (2026)

Hand-picked, rigorously tested and verified by our analysts. Updated for 2026.

View all reviews
#1
IM

IC Markets

4.6/ 5.0

BP Score™

92/100

  • $200 minimum deposit – higher than several competitors (Exness: $10)
  • 50% stop-out level vs Exness's 0%
  • Withdrawal processing in hours, not seconds (e-wallet)

IC Markets is operated by multiple regulated entities under the IC Markets Global brand.

#2
H

HFM

4.6/ 5.0

BP Score™

92/100

  • HFCopy lacks filtering depth
  • Premium account spreads are adequate, not exceptional
  • WebTrader has limited charting depth

HFM is a well-regulated, feature-rich broker with strong platforms and competitive pricing, but its mixed entity structure slightly lowers overall trust consistency,

#3
e

eToro

4.4/ 5.0

BP Score™

88/100

  • Wide spreads on forex CFDs: EUR/USD average of 1.42 pips (BP-tested) is materially uncompetitive for active traders versus ECN broker alternatives.
  • USD-only base currency: Non-USD depositors pay currency conversion fees on both deposit and withdrawal. For GBP, EUR, or AUD account holders, this is a recurring cost drag.
  • No MT4, MT5, or third-party platform: Eliminates eToro from consideration for any algorithmic trader, EA user, or professional with an existing platform workflow.

eToro is a well-regulated social trading platform for beginners and investors where they can trade real stocks, ETFs, and crypto commission-free and automatically copy the portfolios of experienced traders.

#4
O

OANDA

4.4/ 5.0

BP Score™

88/100

  • Standard account spreads slightly above industry average – not the cheapest spread-only option
  • No copy/social trading feature – a gap versus Pepperstone, eToro, and others
  • No share CFDs – limits appeal for multi-asset equity traders

OANDA is a highly regulated, veteran forex and CFD broker with 28+ years of operating history, offering transparent execution, a no-minimum-deposit Standard account, and TradingView-integrated platforms.

#5
E

Exness

4.5/ 5.0

BP Score™

90/100

  • No adequate education for beginners
  • Swap rates are slightly more expensive
  • Not available in US, Canada, UK, EU (retail), or India (from July 2025)

Exness is a globally trusted forex and CFD broker offering ultra-tight spreads, instant withdrawals, and access to a wide range of markets.

#6
I

IG

4.5/ 5.0

BP Score™

91/100

  • High overnight financing costs
  • No native copy trading or social trading
  • Limited deposit/withdrawal methods

We opened a live FCA-regulated IG account, tested 480 orders at 12ms execution, and monitored spreads over 26 days. Score: 8.6/10. Full breakdown of fees, platforms, and what IG gets wrong in 2026.

Methodology

How We Rank Brokers — The BP Score™

Our proprietary BrokersProfile Score (BP Score™) gives every broker a single number out of 100 — built from rigorous, independent testing across regulation, costs, platforms, and customer support.

Example: IC Markets96/100
Regulation & Trust98
Trading Costs95
Platforms & Tools94
Customer Support92

Regulation First

We start with regulator licenses (FCA, ASIC, CySEC, DFSA) before anything else.

50+ Data Points

Spreads, commissions, swaps, execution speed, withdrawal times — all measured.

Real Platform Testing

Our analysts open live accounts and place real trades on every broker we score.

Independent Audit

Annual reviews ensure scores reflect current performance — never paid placement.

Compare Brokers Side by Side

See spreads, deposits, regulation, and platforms at a glance.

BrokerMin Standard SpreadsMin DepositRegulationPlatformsAction
IM
IC Markets
From 0.8 pips$200ASIC (Australia), CySEC (Cyprus), FSA (Seychelles), SCB (Bahamas)MT4, MT5, cTrader, TradingViewVisit
H
HFM
1.2 pips (Cent account); 1.4 pips (Premium account)$0 (Cent account)FCA, CySEC, DFSA (Dubai), FSCA (South Africa), CMA (Kenya), FSA (Seychelles)MT4, MT5, HFM WebTrader, HFM Mobile AppVisit
e
eToro
From 1.0 pips on EUR/USD$50 (varies by country; $200 in some regions)FCA (UK), CySEC (Cyprus), ASIC (Australia), FSAS (Seychelles)eToro Web Platform, eToro Mobile AppVisit
O
OANDA
From 1.0 pips on EUR/USD$0 (no minimum — fund any amount)NFA/CFTC, FCA, ASIC, CIRO, MAS, JFSA, BVI FSCOANDA Trade, MT4, MT5, TradingViewVisit
E
Exness
0.3 pips$10 (based on the account type)CMA (Kenya), CySEC, FCA, FSA, FSC Belize, FSC Mauritius, FSCAMetaTrader 4, MetaTrader 5, Proprietary platformVisit
I
IG
From 0.6 pips on EUR/USD (BrokersProfile recorded minimum)£0 (bank transfer), £250 (card/PayPal)FCA, ASIC, BaFin, MAS, FINMA, JFSA, CFTC/NFA, FMA, DFSA, BMAIG Trading (proprietary), MetaTrader 4, ProRealTime, L2 Dealer, TradingViewVisit
FXTM
1.5 pips$10FCA (UK), FSCA (South Africa), FSC (Mauritius)MT4, MT5, FXTM Trader AppVisit
P
PrimeXBT
0.1 pips$10BCR, FSA, FSC Mauritius, FSCAMetaTrader 5, Proprietary platform, Web-basedVisit
X
XM
0.6 pips$5ASIC, CySEC, DFSA, FSC BelizeMetaTrader 4, MetaTrader 5, Proprietary platformVisit
Pepperstone
1.0 pips$0ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCBOther, MetaTrader 4, MetaTrader 5, cTrader, Proprietary platform, Trading ViewVisit
10,000+ Traders

Trusted by Traders Worldwide

Join thousands of traders who chose smarter with BrokersProfile.

"BrokersProfile saved me weeks of research. Found a regulated broker that matched my style in minutes."

A

Ahmed K.

Day Trader, Dubai

"The BP Score™ is a game changer. I trust the methodology more than any other comparison site."

S

Sarah M.

Swing Trader, London

"Finally a platform that highlights regulation first. The country guides are incredibly detailed."

I

Imran R.

Forex Investor, Karachi

Updated for 2026

Ready to Choose Your Broker?

Compare regulated brokers, BP Scores™, and live spreads — all in one place.

Compare Top Brokers Now
Weekly Newsletter

Stay Ahead of the Markets

Get weekly market analysis, broker updates, and exclusive trading tips delivered to your inbox.

  • Weekly forex forecasts and analysis
  • Exclusive broker promotions and deals
  • Educational content and trading tips

Join 25,000+ traders. Unsubscribe anytime.

BP AI