Brokers comparison
Compare brokers side by side.
Every figure is taken from the provider’s own pages or regulator sources in September 2026.
| Broker | Rating (editorial) | Regulators | Platforms | Minimum deposit | Pricing as published | Markets | Client protection | Retail-loss disclosure | Not available to | Best for |
|---|---|---|---|---|---|---|---|---|---|---|
| IG | 8.5 / 10 | FCA · ASIC · BaFin · FINMA · MAS · DFSA | MT4 · MT5 · ProRealTime · TradingView · Web | No minimum on bank transfers (UK) | Spread-based; EUR/USD minimum spread 0.6 listed on IG’s UK charges page | 15,000+ markets | FSCS (UK) · EU EdW €20,000 · none for AU, US, IG Intl | 69% (UK) · 70% (IG International) | Some entities are resident-only (UK, NZ, Japan, US) | Traders who want a long-established, heavily regulated broker with a very wide market range |
| FP Markets | 7.7 / 10 | ASIC · CySEC · FSCA · Seychelles FSA | MT4 · MT5 · cTrader · TradingView · Iress | US$100 or equivalent | Standard avg EUR/USD 1.2 pips, no commission · Raw avg 0.1 pips + $3/side (Sept 2026) | 10,000+ instruments; 70+ FX pairs | Segregated funds · other protections not stated | Not found (global pages) | US, Iran, Russia, sanctioned jurisdictions | Active traders who want raw spreads and MT4, MT5, cTrader or TradingView |
| FxPro | 7.6 / 10 | FCA · Bahamas SCB · Seychelles FSA | MT4 · MT5 · cTrader · TradingView · FxPro Platform | Not published (shown after login) | Standard from 1.2 pips · Raw+ zero spreads + up to $3.50/lot/side · cTrader from 0.2 pips + $35/$1M | 2,100+ assets; 70+ FX pairs | FSCS (UK) · NBP in client agreement · none stated offshore | Not found on reviewed pages | US, Iran, Canada (CFDs) | Platform-flexible traders, especially UK clients |
| Tickmill | 7.4 / 10 | FCA · CySEC · FSCA · Seychelles FSA | MT4 · MT5 · TradingView (Raw) · Tickmill Trader | US$100 on all accounts | Classic from 1.6 pips, no commission · Raw from 0.0 pips + $3/lot/side | 60+ forex pairs; 180+ instruments (global) | FSCS (UK) · ICF (EU) · none stated for Seychelles | 73% (EU) · 69% (UK) | Singapore, US, Iran, India, Japan | Cost-aware traders who want raw spreads with published commissions |
| AvaTrade | 7.4 / 10 | Central Bank of Ireland · ASIC · CySEC · FSCA · ADGM FSRA | MT4 · MT5 · WebTrader · AvaSocial · DupliTrade | 100 in base currency | Spread-based; EUR/USD from 0.9 pips listed; commissions not published | 50+ FX pairs; 1,250+ assets (MT5) | EU: ICCL + negative balance protection · BVI: none | Not found on reviewed pages | US, Belgium, India and others (see review) | Beginners who want education, copy trading and a $100 minimum |
| HFM | 7.3 / 10 | FCA · CySEC · FSCA · Seychelles FSA | MT4 · MT5 · WebTrader · HFM App · Copy trading | From US$0 (Cent, Premium); US$100 Pro | InfinityX from 0.3 pips · Zero from 0.0 + from $3/lot · Pro from 0.6 · Premium/Cent from 1.4 | 500+ instruments; 80+ FX pairs | Segregated · NBP reset · ICF (EU entity) | Not found on reviewed pages | US, Canada, UAE, Türkiye and others | Beginners and cost-conscious traders who want education, copy trading and many account types |
| Plus500 | 6.9 / 10 | FCA · ASIC · CySEC · MAS · DFSA | Proprietary web and mobile platform | Not published (varies by payment method) | Spread only, no commission; typical spreads not published | 2,800+ CFD instruments | FSCS (UK) · segregated funds | 76% (Plus500UK) | US residents (CFDs) | Beginners who want one simple, self-contained platform and no commission |
| XM | 6.7 / 10 | CySEC · FSC Belize | MT4 · MT5 · XM App | US$5 (Standard, Ultra Low) | ‘As low as 0.8 pips’ headline; Zero: USD 7 per USD 100k (CySEC costs doc) | 1,400+ assets | Segregated · NBP · no compensation stated | Not shown (Belize view) | US, Canada, Israel, Iran and others | Beginners who want a low entry cost, free education and copy trading |
| Exness | 6.6 / 10 | FSA Seychelles · CBCS Curaçao · BVI FSC · FSCA | MT4 · MT5 · Exness Terminal · Exness Trade app | Not published (varies by region) | Standard from 0.2 pips (no commission) · Pro from 0.1 · Zero/Raw from 0 + commission (up to $3.50/side) | 5 asset classes; counts not published | Segregated · NBP · Financial Commission (EUR 20,000) | Not found | US, Canada, Europe, UK, Russia and others | Experienced traders who prioritise published pricing and fast withdrawals and accept offshore regulation |
| FXCM | 6.4 / 10 | FCA · ASIC · CySEC · FSCA | Trading Station · MT4 · TradingView | No minimum stated (global site) | Spread only; last published EUR/USD average 1.3 pips (May 2023) | Forex, CFDs on shares, indices, commodities, crypto; counts not published | Regulated entities: UK/EU/AU/ZA · global: none required | 65% (UK) | Global entity: US, Canada, EU, Japan, HK, Australia | Traders in the UK, EU, Australia or South Africa who want Trading Station or TradingView |
Spreads, fees and promotions change often, so confirm the current figures on the provider’s site. Compensation, negative balance protection and leverage depend on the entity that opens your account.
Platform matrix
Which platforms each broker offers.
| Broker | MT4 | MT5 | cTrader | TradingView | Own platform | Copy trading |
|---|---|---|---|---|---|---|
| IG | ✓ | ✓ | – | ✓ | ✓ | – |
| FP Markets | ✓ | ✓ | ✓ | Raw only | – | ✓ |
| FxPro | ✓ | ✓ | ✓ | ✓ | ✓ | – |
| Tickmill | ✓ | ✓ | – | Raw (USD) | ✓ | – |
| AvaTrade | ✓ | ✓ | – | – | ✓ | ✓ |
| HFM | ✓ | ✓ | – | Charts | ✓ | ✓ |
| Plus500 | – | – | – | – | ✓ | – |
| XM | ✓ | ✓ | – | – | ✓ | ✓ |
| Exness | ✓ | ✓ | – | – | ✓ | – |
| FXCM | ✓ | – | – | ✓ | ✓ | – |
A ✓ means we found the platform listed on the pages we reviewed; a dash means we did not. Availability can differ by broker entity and region.
Scam watch
Spot the red flags before you deposit.
Unlicensed brokers and clones of real ones target traders every week. Learn the warning signs in two minutes, and how to check a licence in one.
- Guaranteed or ‘risk-free’ returns
No regulated broker can promise profit. - No licence number, or one that does not match the register
Look the number up on the regulator’s own public register. - Pressure to move to WhatsApp or Telegram
Genuine brokers do not rush you to deposit. - A clone of a licensed broker’s website
Check the exact domain, not just the logo.
General information for education only, not financial advice. Trading forex and CFDs carries a high risk of loss. Read the disclaimer.