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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.

# Broker Founded Type Min Deposit Max Leverage Score Start Trading
1 FXPro 2006 STP 500 1:500 71
2 Plus500 2008 Market Maker 100 1:300 70
3 XM 2009 Market Maker 5 1:888 70
4 AvaTrade 2006 Market Maker 100 1:400 69
5 Pepperstone 2010 STP 200 1:500 69
6 easyMarkets 2001 Market Maker 100 1:30 66
7 IG 1974 STP 250 1:200 63
8 EToro 2006 Market Maker, STP 250 1:400 63
9 HF Forex 2012 STP, ECN 50 1:1000 62
10 forex.com 1999 Market Maker, ECN, STP 100 1:50 62
11 FXTM 2011 NND 10 1:30 62
12 Vantage FX 2009 STP 200 1:500 62
13 Markets 2008 Market Maker 100 1:200 61
14 FXCM 1999 Market Makers, STP 50 1:30 60
15 IQoption 2013 Market Maker 10 1:30 60
16 Tickmill 2014 Market Makers, STP 100 1:500 60
17 IronFX 2010 Market Maker 100 1:500 58
18 FXPrimus 1999 Market Maker 100 1:500 55
19 Fortrade 2013 STP 200 1:30 54
19 BDSwiss 2012 Market Makers, STP 100 1:500 53
20 Darwinex 2012 Market Maker, STP 500 1:30 51
21 24 Options 2008 Market Maker 250 1:200 50
22 Moneta Markets 2020 Market Maker 200 1:500 50
25 FBS 2009 Market Maker, ECN 1 1:3000 50
26 City Index 1983 Market Maker 100 1:400 45
27 Axi 2007 Market Maker 0 1:400 45

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
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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