Independent, unbiased expert reviews and side-by-side comparisons of the world's leading regulated forex brokers. We test every account so you don't have to.
Side-by-side comparison of key metrics. All data independently verified against live accounts and official broker documentation.
| # | Broker | Our Rating | Regulation | EUR/USD Spread† | Max Leverage | Min Deposit | Platforms | Instruments | Actions |
|---|---|---|---|---|---|---|---|---|---|
1 |
Exness
STP / ECN · Global
|
★★★★★
|
FCA CySEC FSCA | 0.1 pips Raw / from 0.0 |
1:2000 | $1 | MT4MT5 | 200+ | |
2 |
XM
Market Maker · Global
|
★★★★★
|
CySEC ASIC FSA | 0.6 pips Standard |
1:1000 | $5 | MT4MT5 | 1,400+ | |
3 |
JustMarkets
STP · Global
|
★★★★½
|
CySEC FSA FSC | 0.8 pips Standard |
1:3000 | $10 | MT4MT5 | 180+ | |
4 |
Headway
STP / ECN · Offshore
|
★★★★½
|
FSA VFSC | 0.5 pips Pro / ECN |
1:2000 | $10 | MT5 | 100+ | |
5 |
DooPrime
ECN / Prime · Institutional
|
★★★★
|
FCA VFSC MU | 0.1 pips STP Raw |
1:500 | $10 | MT4MT5TradeLocker | 300+ | |
6 |
Ultima Market
STP · Global
|
★★★★
|
VFSC FSCA | 0.9 pips Standard |
1:500 | $10 | MT5 | 250+ | |
7 |
TradingPro
Market Maker · Offshore
|
★★★★
|
VFSC | 1.2 pips Standard |
1:1000 | $10 | MT4MT5 | 150+ | |
8 |
CXM Direct
ECN · Professional
|
★★★★
|
ASIC FSA | 0.2 pips Raw ECN |
1:500 | $10 | MT4MT5 | 280+ |
Our analysts open live accounts, test execution quality, and verify regulatory status before publishing each review.
Rankings updated monthly. Scores are composite: regulation (30%), spreads (25%), execution (20%), platforms (15%), support (10%).
Every review is the product of hands-on testing, not press releases. We open real accounts, execute real trades, and verify every regulatory claim independently.
We fund real live accounts at every broker we review. Spread data, execution speed, slippage, and withdrawal times are all measured from first-hand experience — not quoted from broker marketing materials.
Every license claim is manually verified against official regulatory databases — FCA, CySEC, ASIC, FSCA, and others. We never take a broker's self-reported regulatory status at face value.
Our composite scoring model weights over 40 individual criteria across regulation, costs, platforms, execution, instruments, and support — producing an objective, defensible score for every broker.
Our rankings and scores are never for sale. Brokers cannot pay to improve their position, alter their review, or remove negative findings. We disclose our affiliate relationships transparently in our policy.
The forex industry changes rapidly. Our team re-tests accounts, re-verifies regulation, and updates spread data monthly to ensure every page on this site reflects current, accurate information.
Every broker review includes clearly identified pros and cons. We do not suppress negative findings. If a broker underperforms on withdrawal speed or widens spreads during volatility, we report it.
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View All Guides →Risk Warning: Trading forex and CFDs involves significant risk and may not be suitable for all investors. The majority of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not indicative of future results. This website contains independent reviews and comparisons for informational purposes only and does not constitute financial advice. We may receive compensation when you click on links to broker websites. This does not influence our ratings or reviews. Please read our Affiliate Disclosure for full details.