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Top Picks
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#1
Interactive Brokers
SECCFTCFCAMASASIC
4.4/ 5
Min. Deposit
$0
Max Leverage
1:4
Spreads From
0.2 pips
Commission
0.005
- Advanced tools for professional traders
- Access to 150+ markets in 33 countries
#2
Forex.com
FCACFTCASICMAS
4.4/ 5
Min. Deposit
$100
Max Leverage
1:200
Spreads From
0.8 pips
Commission
$0
Commission-free
- MT4 and proprietary platform
- Extensive market research
#3
IG Group
FCAASICMASSEC
4.3/ 5
Min. Deposit
$250
Max Leverage
1:200
Spreads From
0.6 pips
Commission
$0
Commission-free
- 50+ years in the industry
- ProRealTime charts available
Also Ranked — 17 brokers
#4
Pepperstone
ASICFCACySEC
4.1/ 5
Min. Deposit
$200
Max Leverage
1:500
Spreads From
0 pips
Commission
3.5
- Smart Trader Tools for MT4
- Excellent research and education
#5
FxPro
FCAASICCySEC
4.1/ 5
Min. Deposit
$100
Max Leverage
1:500
Spreads From
0.6 pips
Commission
$0
Commission-free
- FCA regulated with strong reputation
- Supports MT4, MT5, and own platform
#6
City Index
FCAASICMAS
4.1/ 5
Min. Deposit
$0
Max Leverage
1:200
Spreads From
0.5 pips
Commission
$0
Commission-free
- 13,500+ markets
- 40+ years in the industry
#7
eToro
FCAASICSECCySEC
4.0/ 5
Min. Deposit
$50
Max Leverage
1:30
Spreads From
1 pips
Commission
$0
Commission-free
- Regulated in US, UK, EU, AU
- Crypto wallet included
#8
Saxo Bank
FCAMASASIC
4.0/ 5
Min. Deposit
$2000
Max Leverage
1:200
Spreads From
0.4 pips
Commission
0.08
- 40,000+ instruments
- Real stocks and bonds, not just CFDs
#9
Plus500
FCAASICMASCySEC
4.0/ 5
Min. Deposit
$100
Max Leverage
1:300
Spreads From
0.6 pips
Commission
$0
Commission-free
- Regulated in multiple jurisdictions
- Simple, beginner-friendly platform
#10
AvaTrade
FCAASICMAS
4.0/ 5
Min. Deposit
$100
Max Leverage
1:400
Spreads From
0.9 pips
Commission
$0
Commission-free
- Good educational content
- Regulated in 6 jurisdictions
#11
Capital.com
FCAASICCySEC
4.0/ 5
Min. Deposit
$20
Max Leverage
1:200
Spreads From
0.6 pips
Commission
$0
Commission-free
- Low minimum deposit ($20)
- No commission, tight spreads
#12
BlackBull Markets
FCAASIC
3.9/ 5
Min. Deposit
$0
Max Leverage
1:500
Spreads From
0 pips
Commission
3
- Spreads from 0.0 pips on ECN
- No minimum deposit on Standard
#13
XM
ASICFCACySEC
3.9/ 5
Min. Deposit
$5
Max Leverage
1:1000
Spreads From
0.6 pips
Commission
$0
Commission-free
- Negative balance protection
- No deposit/withdrawal fees
#14
ThinkMarkets
FCAASIC
3.9/ 5
Min. Deposit
$0
Max Leverage
1:500
Spreads From
0 pips
Commission
3.5
- FCA regulated
- No minimum deposit
#15
FBS
ASICCySECFSCA
3.9/ 5
Min. Deposit
$1
Max Leverage
1:3000
Spreads From
0 pips
Commission
$0
Commission-free
- Generous bonus and cashback programmes
- Leverage up to 1:3000
#16
IC Markets
ASICCySEC
3.9/ 5
Min. Deposit
$200
Max Leverage
1:500
Spreads From
0 pips
Commission
3.5
- Regulated by ASIC and CySEC
- No requotes
#17
Vantage Markets
ASICFCACIMA
3.9/ 5
Min. Deposit
$50
Max Leverage
1:30
Spreads From
0 pips
Commission
3
- 900+ instruments across all asset classes
- Copy trading available
#18
FP Markets
ASICCySEC
3.8/ 5
Min. Deposit
$100
Max Leverage
1:500
Spreads From
0 pips
Commission
3
- Spreads from 0.0 pips on Raw account
- Supports TradingView
#19
ForTrade
FCAASICCySEC
3.8/ 5
Min. Deposit
$100
Max Leverage
1:500
Spreads From
1 pips
Commission
$0
Commission-free
- No commissions on spreads
- FCA, ASIC and CySEC regulated
#20
Swissquote
FCAMAS
3.8/ 5
Min. Deposit
$1000
Max Leverage
1:100
Spreads From
1.3 pips
Commission
$0
Commission-free
- Supports MT4 and MT5
- Publicly listed company (SWX)