Best Forex Brokers

8 brokers compared · Updated October 7, 2026

Compare forex brokers side by side: minimum deposit, leverage, spreads, regulation and platforms. Open the details row of each broker to see the pros and cons.

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#	Broker	Rating	Minimum deposit	Maximum leverage	Spread from	Regulation	Platforms	Link
1	Alpha Markets Best Overall Sample broker with low costs and a wide choice of platforms.	4.8	$50	1:500	0.1 pips	Tier-1 regulator (sample)	MT4, MT5, cTrader	Visit Broker
Execution type ECN / STP Account types Standard, Raw, Cent Founded 2012 Best for All round trading Available in Sample data Pros Low raw spreads Fast withdrawals (sample) Three platforms Cons Commission on raw account Demo data, replace with real details
2	BlueWave FX (Demo) Best for Beginners Sample broker with a simple account, education and cent accounts.	4.6	$10	1:400	0.8 pips	Tier-2 regulator (sample)	MT4, MT5	-
Execution type STP Account types Standard, Cent Founded 2015 Best for Beginners Available in Sample data Pros Very low minimum deposit Cent account for practice Learning centre Cons Wider spreads on standard account
3	Crescent Trade (Demo) Best for Gold Sample broker with tight XAUUSD pricing and fast execution.	4.5	$100	1:500	0.2 pips	Tier-2 regulator (sample)	MT5	-
Execution type ECN Account types Standard, ECN Founded 2013 Best for Gold and metals traders Available in Sample data Pros Tight gold spreads Good depth of market Cons MT5 only
4	DeltaPrime (Demo) Low Spread Sample raw spread broker for active traders and scalpers.	4.4	$200	1:200	0.0 pips	Tier-1 regulator (sample)	MT4, MT5, cTrader	-
Execution type ECN Account types Raw Founded 2010 Best for Scalpers Available in Sample data Pros Raw spreads No dealing desk Cons Higher minimum deposit Lower leverage
5	EverTrust Capital (Demo) Safe Choice Sample broker that focuses on regulation and segregated funds.	4.2	$250	1:30	0.6 pips	Tier-1 regulator (sample)	MT5	-
Execution type Market maker Account types Standard Founded 2008 Best for Safety first traders Available in Sample data Pros Strong client protection Negative balance protection Cons Low leverage Higher spreads
6	Falcon Edge FX (Demo) Fast Execution Sample broker with a fast trading server and VPS offer.	4.0	$100	1:500	0.4 pips	Offshore (sample)	MT4, MT5	-
Execution type STP Account types Standard, ECN Founded 2016 Best for EA users Available in Sample data Pros Free VPS above a balance Fast execution Cons Offshore regulation: check the risks
7	GlobalEdge Markets (Demo) Many Markets Sample broker offering forex, indices, stocks and crypto CFDs.	3.9	$50	1:200	0.9 pips	Tier-2 regulator (sample)	MT5, Web platform	-
Execution type Market maker Account types Standard Founded 2014 Best for Multi-asset traders Available in Sample data Pros Wide range of instruments Cons Higher spreads on forex
8	Harbor Point FX (Demo) Swap-Free Sample broker with swap-free accounts and local payment methods.	3.7	$20	1:300	1.0 pips	Offshore (sample)	MT4	-
Execution type Market maker Account types Standard, Swap-free Founded 2017 Best for Swap-free trading Available in Sample data Pros Swap-free accounts Local payment options Cons MT4 only Offshore regulation: check the risks

Risk warning: Trading leveraged products such as forex and CFDs carries a high level of risk and can result in the loss of all your capital. Check that a broker is regulated in your country before you deposit any money. Read the full risk disclosure

How to choose a forex broker

Start with safety, then look at costs and tools. Check that the broker is regulated by a recognised authority, then find the license in the regulator's own public register. Compare the full cost of trading: spread plus commission plus swap. Test the platform on a demo account, then try a small deposit and a small withdrawal before you add more money.

Red flags

Promises of guaranteed profit
Pressure to deposit more money
Large bonuses with hard withdrawal conditions
No clear company address or license

The brokers above are sample data to show the layout. Replace them with real brokers and write your own review text here.

How to choose a forex broker

Red flags

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