⭐ Independent, tested reviews of forex brokers, crypto exchanges & prop firms▶ Watch on YouTube · Updated Sep 2026

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Editor’s picks

Best forex brokers (2026)

Compared on regulation, min deposit, spreads, leverage and platforms.

See full comparison →

# Broker Score Min deposit Spread Max leverage Platforms
1
XM logo

XM
ASIC · CySEC · DFSA

Beginners

5.0★★★★★
$5min deposit 0.6 pipsfrom 1:1000max MT4, MT5
2
HFM logo

HFM
FCA · CySEC · DFSA

Bonuses & tools

4.9★★★★★
$0min deposit 0.0 pipsfrom 1:2000max MT4, MT5
3
OctaFX logo

OctaFX
CySEC · FSCA

Copy trading

4.8★★★★★
$25min deposit 0.6 pipsfrom 1:500max MT4, MT5, cTrader
4
Tickmill logo

Tickmill
FCA · CySEC · FSA

Low commission

4.8★★★★★
$100min deposit 0.0 pipsfrom 1:500max MT4, MT5
5
Exness logo

Exness
FCA · CySEC · FSCA

Low spreads

4.7★★★★★
$10min deposit 0.0 pipsfrom 1:Unlimitedmax MT4, MT5
6
VT Markets logo

VT Markets
ASIC · FSCA · FSC

Multi-asset

4.6★★★★★
$50min deposit 0.0 pipsfrom 1:500max MT4, MT5
7
FBS logo

FBS
ASIC · CySEC · FSC

Cent accounts

4.5★★★★☆
$5min deposit 0.7 pipsfrom 1:3000max MT4, MT5
8
Pepperstone logo

Pepperstone
FCA · ASIC · CySEC

Low-cost pros

4.3★★★★☆
$0min deposit 0.0 pipsfrom 1:500max MT4, MT5, cTrader
9
AximTrade logo

AximTrade
FSA

Low entry

4.2★★★★☆
$1min deposit 0.0 pipsfrom 1:3000max MT4
10
AvaTrade logo

AvaTrade
ASIC · CBI · FSCA

Regulation

3.6★★★★☆
$100min deposit 0.9 pipsfrom 1:400max MT4, MT5

Figures are indicative and can change — always confirm the latest terms on the broker’s website. Trading is high risk.

⚠️

Risk warning: Trading forex & CFDs is high risk and can result in the loss of all your capital. Availability and leverage vary by country. Nothing here is financial advice.

Our process

How we review

The same checklist for every provider — so comparisons stay fair.

Full methodology →

1

Check regulation

We confirm licences and which entity actually serves each country.

2

Test the platform

We open accounts and try the apps, MT4/MT5 and trading tools.

3

Compare real costs

Spreads, commissions, and deposit/withdrawal fees — no guesswork.

4

Score & publish

Honest pros and cons, with our findings shown on YouTube.

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We show our work

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Both sides, always

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We clearly disclose affiliate links and never sell ratings.

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Kept current

We revisit and update reviews as brokers change their terms.

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