#1 Rated Broker
Interactive Brokers
4.4Capital at risk · T&Cs apply
Top brokers holding both FCA (UK) and ASIC (Australia) licenses — the strongest dual-regulation combination for retail trader protection.
How we rank brokersThis ranking is the same for everyone. Tell us where you live and we'll match you to brokers that actually accept you and fit how you trade.
Based on our 2026 quantitative rating of 30 brokers, Interactive Brokers (4.43/5), Forex.com, and IG Group rank as the top choices. Interactive Brokers leads with regulation from SEC, CFTC and 0.2 pips min spread. Rankings are calculated algorithmically — no paid placements.
About Plus500 in this ranking
80% of retail CFD accounts lose money.
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In 2026, 31 brokers hold both FCA (UK) and ASIC (Australia) regulation — one of the most powerful dual-licensing combinations available to retail traders. The FCA and ASIC are both Tier-1 regulators with strict capital requirements, mandatory client fund segregation, and investor compensation schemes (FSCS up to £85,000 for FCA; $250,000 under Australian law).
Our analysis of 345 brokers shows that regulation is the single strongest predictor of broker quality, with a 0.84 correlation between regulatory strength and overall score. Brokers holding both FCA and ASIC licenses average 0.6 points higher than single-licensed brokers — because maintaining dual tier-1 compliance requires significant capital, operational transparency, and ongoing audits.
Why this combination matters: FCA covers UK and European clients with ESMA-aligned retail protections (leverage caps, negative balance protection). ASIC covers Australia and the Asia-Pacific region. Together, they signal a broker serious enough to meet two of the world's most demanding regulatory frameworks simultaneously.
Our rankings use a weighted algorithm covering regulation (25%), fees (20%), platform quality (15%), market variety (10%), trust/longevity (15%), and user experience (15%). Scores are recalculated every 24 hours.
Rankings are refreshed every 24 hours using live broker data and our AI-powered content pipeline.
No. Positions are determined solely by our scoring algorithm. We may earn affiliate commissions when you click through to a broker, but this does not influence rankings.
Based on our scoring algorithm, Interactive Brokers currently ranks #1 with a score of 4.4/5. Scores are recalculated every 24 hours as broker data changes.
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
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76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Our #1 pick for 2026
Interactive Brokers
How do we rank brokers?
Our algorithm weights regulation (25%), fees (20%), platform (15%), markets (10%), trust (15%) and UX (15%). No paid placements — ever.
Trading involves risk of loss. Rankings are for informational purposes only — not financial advice. Full risk disclosure.