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Find a broker and start trading the financial markets with confidence.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

#BrokerFoundedTypeMin DepositMax LeverageScoreStart Trading
1Plus5002008Market Maker1001:30073
2AvaTrade2006Market Maker1001:40072
3XM2009Market Maker51:88871
4FXPro2006STP5001:50069
5IG1974STP2501:20066
6HF Forex2012STP, ECN501:100065
7easyMarkets2001Market Maker1001:3065
8FXTM2011Market Makers, STP, ECN101:3064
9EToro2006Market Maker, STP2501:40063
10Vantage FX2009STP2001:50062
11Markets2008Market Maker1001:20062
12Tickmill2014Market Makers, STP1001:50061
13Pepperstone2010STP, ECN2001:50060
14IQoption2013Market Maker101:3058
15IronFX2010Market Maker1001:50058
16FXCM1999Market Makers, STP501:3058
17BDSwiss2012Market Makers, STP1001:50056
18FXPrimus1999STP1001:50055
19Darwinex2012Market Maker, STP5001:3053
20forex.com1999Market Maker, ECN, STP501:5053
21Moneta Markets2020Market Maker2001:50052
2224 Options2008Market Maker2501:20050
22City Index1983Market Maker1001:40042

Risk warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

How to choose the best broker in 2020

  • Be sure to check whether the broker is regulated
  • Consider the variety and quantity of currencies pairs offered, the more the better
  • Compare the brokers based on the spreads and commissions
  • Are the withdrawals easy to perform?
  • Check the account types and customizability offered
  • Is customer support adequate and efficient?
  • Confirm that the Trading Platform and its technical and analytical tools are sufficient to your requirements

Ranking criteria and scores

Our Ranking Criteria and Broker Scores are based on several factors, these factors are deemed by our team as a necessary benchmark for choosing the right Broker. The factors are then individually assessed and given a certain weight & score, all the factor scores are then aggregated to make up the complete Ranking Score for each Broker. Few factors we take into consideration are Customer Support, Regulations, Percentage of Loss, Website Popularity, Platforms Available, Website Usability & Experience, Customer Reviews. Each of these criteria is given a certain Score from 1 to 10, after each criterion have been given a Score we then calculate the Overall Ranking Score for each Broker which is reflected in our Ranking Tables.

New to trading?

Read about the foreign exchange industry and learn how to trade the financial markets online. If you are new to trading, make sure you get familiar with the forex basics and read related material which will provide you with the necessary knowledge to start your trading journey.

Get started

Our Ranking Criteria and Broker Scores are based on several factors, these factors are deemed by our team as a necessary benchmark for choosing the right Broker. The factors are then individually assessed and given a certain weight & score, all the factor scores are then aggregated to make up the complete Ranking Score for each Broker. The main factors we take into consideration are Customer Support, Regulations, Percentage of Loss, Website Popularity, Platforms Available, Avg. Connection Time, Website Usability & Experience, Customer Reviews. Each of these criteria is given a certain score from 1 to 10, after each criterion have been given a Score we then calculate the Overall Ranking Score for each Broker which is reflected in our Ranking Tables.

*Some Brokers may have different scores depending on which Ranking Table they are placed in, and which other Brokers they are compared to.

New to trading?

Read about the foreigh exchange industry and learn how to trade the financial markets online. If you are new to trading, make sure you get familiar with the forex basics and read related material which will provide you the necessary knowledge to start your trading journey.

Get started
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Find a broker
Go to forex rankings