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Trusted Brokers We Analyze

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+ 90 more regulated brokers reviewed in our database

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Editor's Picks

Top Rated Forex Brokers (2026)

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

View all reviews
#1
GM

GO Markets

4.2/ 5.0

BP Score™

80/100

  • Offshore Mauritius entity offers no negative balance protection and no formal compensation scheme
  • EU coverage runs through CySEC (Tier-2), not a Tier-1 EU/UK regulator
  • Live-tested 81ms execution trails ECN speed leaders IC Markets and Pepperstone

Go Markets

#2
VM

Vantage Markets

4.4/ 5.0

BP Score™

88/100

  • FCA entity serves institutional clients only – UK retail clients placed under CIMA (Cayman Islands) with no FSCS protection
  • Standard STP account's 1.35 pip EUR/USD average is mid-market, not class-leading for commission-free accounts
  • Instrument count (1,000+) lower than Admirals (8,000+) and Saxo (40,000+) – no real equity/ETF ownership option

Vantage Markets is a globally regulated multi-asset broker offering competitive spreads, fast execution, and advanced trading platforms, making it a strong choice for forex and CFD traders of all experience levels.

#3
F

FOREX.com

4.7/ 5.0

BP Score™

94/100

  • Product availability varies by country and regulatory entity
  • Some of the lowest spreads are only available on commission-based accounts
  • Cryptocurrency products are unavailable in certain jurisdictions

FOREX.com remains one of the strongest all-around forex brokers in 2026, combining robust regulation, competitive pricing, reliable execution, and an excellent proprietary trading platform backed by more than two decades of industry experience.

#4
T

Tickmill

4.1/ 5.0

BP Score™

83/100

  • Classic account EUR/USD spread averages 1.70 pips
  • Raw account commission raised 50% (from $2 to $3 per side) in 2025; VIP account discontinued
  • Instrument range limited at 620+ — narrower than Admirals (8,000+), ThinkMarkets (3,500+), and IC Markets (2,250+)

Tickmill is a low-cost ECN broker built for active forex traders — FCA and CySEC regulated, Raw spreads from 0.0 pips, $6 round-turn commission, no deposit or withdrawal fees, and no inactivity fee.

#5
AM

Admiral Markets

4.3/ 5.0

BP Score™

87/100

  • Withdrawal fees on subsequent monthly withdrawals (1% on cards/e-wallets)
  • No native TradingView integration for live order execution
  • Overnight spread widening on Trade accounts – EUR/USD averages 1.82 pips during Asian session hours

Admiral Markets transformed in Admirals in 2021, but still known by its original name.

#6
F

FXCM

3.9/ 5.0

BP Score™

79/100

  • Standard account EUR/USD at 1.08 pips average – above the retail industry benchmark of ~0.80 pips
  • $50/year inactivity fee after 12 months – highest in the Tier-1 regulated broker segment
  • No MetaTrader 5 – traders with MT5 strategies need a different broker

FXCM (Forex Capital Markets) is one of the oldest names in online retail trading, founded in 1999 in New York by Drew Niv and William Ahdout.

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.

Verified & Regulated

More Trusted Brokers We Cover

Reviewed and rated across every major jurisdiction — updated for 2026.

View all brokers
GM

GO Markets

4.2/5
Min deposit$10
RegulationASIC (Australia), CySEC (Cyprus), FSC (Mauritius), FSA (Seychelles)
Read review
VM

Vantage Markets

4.4/5
Min deposit$50 (Standard / Raw ECN); $10,000 (Pro ECN)
RegulationASIC, FCA, FSCA, CIMA, VFSC
Read review
F

FOREX.com

4.7/5
Min depositVaries by jurisdiction
RegulationFCA (UK), CFTC & NFA (US), ASIC (Australia), CIRO (Canada), MAS (Singapore), CIMA (Cayman Islands), and other regional entities
Read review
T

Tickmill

4.1/5
Min deposit$100 (Classic and Raw accounts)
RegulationFCA (UK), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), Labuan FSA (Malaysia)
Read review
AM

Admiral Markets

4.3/5
Min deposit$1 (Invest.MT5 — stocks/ETFs) · $100 (Trade.MT5, Trade.MT4, Zero.MT5)
RegulationFCA (UK, 595450), CySEC (Cyprus, 201/13), ASIC (AU — sale pending), FSCA (SA), JSC (Jordan), CMA (Kenya, 178), FSA (Seychelles)
Read review
F

FXCM

3.9/5
Min deposit$50 (Standard) $25,000 account equity required
RegulationFCA (UK), ASIC (Australia), CySEC (Cyprus), CIRO (Canada), FSCA (South Africa), BaFin (Germany), ACPR (France), ISA (Israel)
Read review
SB

Saxo Bank

4.5/5
Min deposit$0 (Classic); $200,000 (Platinum); $1,000,000 (VIP)
RegulationDanish FSA, FCA, FINMA, MAS, ASIC, JFSA, SFC (HK), ACPR/AMF (France)
Read review
D

Deriv

3.8/5
Min deposit$5
RegulationMFSA, LFSA, BVIFSC, VFSC, FSC Mauritius, SVG (unregulated)
Read review
CM

CMC Markets

4.8/5
Min deposit$0
RegulationFCA, ASIC, BaFin, MAS, CIRO, FMA, BMA
Read review
IB

Interactive Brokers

4.5/5
Min deposit$0 (Cash Account), $2,000 for Margin Account in some jurisdictions
RegulationSEC, FINRA, FCA, ASIC, MAS, SFC, CIRO, CBI, SEBI
Read review

Compare Brokers Side by Side

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

BrokerMin Standard SpreadsMin DepositRegulationPlatformsAction
GM
GO Markets
From 0.8–1.0 pips (Standard account)$10ASIC (Australia), CySEC (Cyprus), FSC (Mauritius), FSA (Seychelles)MT4, MT5, cTrader, GO TradeX™, TradingView (AU), WebTraderVisit
VM
Vantage Markets
1.0 pips$50 (Standard / Raw ECN); $10,000 (Pro ECN)ASIC, FCA, FSCA, CIMA, VFSCMT4, MT5, ProTrader (TradingView), Vantage AppVisit
F
FOREX.com
From 0.8 pips on EUR/USD (advertised minimum; varies by market conditions and entity)Varies by jurisdictionFCA (UK), CFTC & NFA (US), ASIC (Australia), CIRO (Canada), MAS (Singapore), CIMA (Cayman Islands), and other regional entitiesFOREX.com Platform, MT4, MT5 (select regions), TradingView, MobileVisit
T
Tickmill
From 1.6 pips EUR/USD (Classic account)$100 (Classic and Raw accounts)FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), Labuan FSA (Malaysia)MT4, MT5, Tickmill Trader (TradingView-powered), Tickmill Mobile AppVisit
AM
Admiral Markets
From 0.5 pips EUR/USD (Trade.MT5 / Trade.MT4)$1 (Invest.MT5 — stocks/ETFs) · $100 (Trade.MT5, Trade.MT4, Zero.MT5)FCA (UK, 595450), CySEC (Cyprus, 201/13), ASIC (AU — sale pending), FSCA (SA), JSC (Jordan), CMA (Kenya, 178), FSA (Seychelles)MT4, MT5, MetaTrader Supreme Edition (plugin), Admirals Mobile App, MT5 WebTraderVisit
F
FXCM
0.7 pips (Standard account EUR/USD)$50 (Standard) $25,000 account equity requiredFCA (UK), ASIC (Australia), CySEC (Cyprus), CIRO (Canada), FSCA (South Africa), BaFin (Germany), ACPR (France), ISA (Israel)Trading Station, MetaTrader 4, TradingView Pro, Capitalise AIVisit
SB
Saxo Bank
0.6 pips (Classic EUR/USD)$0 (Classic); $200,000 (Platinum); $1,000,000 (VIP)Danish FSA, FCA, FINMA, MAS, ASIC, JFSA, SFC (HK), ACPR/AMF (France)SaxoTraderGO, SaxoTraderPRO, SaxoInvestor, TradingView integrationVisit
D
Deriv
From 0.5 pips (avg 0.6–1.0 pips EUR/USD)$5MFSA, LFSA, BVIFSC, VFSC, FSC Mauritius, SVG (unregulated)MT5, Deriv Trader, Deriv Bot, Deriv X, SmartTraderVisit
CM
CMC Markets
From 0.3 pips (avg 0.7–0.8 pips EUR/USD)$0FCA, ASIC, BaFin, MAS, CIRO, FMA, BMANext Generation, MT4, MT5, TradingViewVisit
IB
Interactive Brokers
N/A (IBKR uses variable institutional pricing)$0 (Cash Account), $2,000 for Margin Account in some jurisdictionsSEC, FINRA, FCA, ASIC, MAS, SFC, CIRO, CBI, SEBITWS, IBKR Desktop, IBKR Mobile, Client PortalVisit
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A

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S

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Swing Trader, London

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

I

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Forex Investor, Karachi

Updated for 2026

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