Find The Best Forex Brokers Using Our Broker's Search Engine
Search based on trading instruments, regulation, leverage, spread, deposit methods and more.
- Easy to use matching engine based on 10+ different criteria
- Database of 300+ forex trading platforms
- Aggregated broker's ratings from Trustpilot, Reddit and Quora
Navigating the complex landscape of forex brokers in 2024 can be a difficult task, even for seasoned traders. However, our team at Rational FX has undertaken an exhaustive research to simplify this process for you.
After dedicating several months evaluating the foremost forex trading brokers globally, we have curated a comprehensive list of the most elite trading platforms.
Forex Brokers Matching Engine
-
Fusion Markets
- Australia regulated broker
- MT4, MT5, TradingView, Ctrader
- Leverage up to 500
Trading Instruments- Forex
- Commodities
- Indices
- Crypto
- US Stocks
-
Axi
- Raw spreads start from 0.0 pips
- Offers order execution faster than standard ECN model
- Axi Select Funded Trader Program offers funding up to $1 million
Trading Instruments- Forex
- Stocks
- IPOs
- Indices
- Commodities
- Cryptocurrencies
-
FP Markets
- Australia & CySEC regulated broker
- MT4/MT5, TradingView, Ctrader, Iress
- EUR/USD spread from 0.0 pips
Trading Instruments- Forex CFDs
- Shares CFDs
- Metals CFDs
- Commodities CFDs
- Indices CFDs
- Crypto CFDs
- ETF CFDs
-
Pepperstone
- Australia & CySEC regulated broker
- MT4/MT5, TradingView, Ctrader, Iress
- EUR/USD spread from 0.0 pips
Trading Instruments- Forex
- Indices
- Commodities
- Cryptocurrencies
- Share CFDs
- ETFs
-
Global Prime
- Australia regulated broker
- Advanced MT4
- $0 Minimum Account Size
Trading Instruments- Forex
- Cryptocurrencies
- Indices
- Commodities
- Bonds
-
BlackBull Markets
- Broker boasting lightning-fast execution speed
- ECN brokers with tight spreads from 0.0 pips
- $0 minimum deposit requirement
Trading Instruments- Forex
- Commodities
- Futures
- Indices
- Stocks
- Cryptocurrencies
-
IC Markets
- Offers 2,200+ tradable markets, including 61 currency pairs
- Leverage of up to 1:1000 in select jurisdictions
- EUR/USD spreads from 0.8 pips for standard accounts
Trading Instruments- CFDs on Forex
- Commodities
- Index
- Bond
- Cryptocurrencies
- Stock
- Futures
-
Markets.com
- Featuring a wide range of CFD assets across 7 markets
- Supports popular platforms like MT4 and MT5
- Social trading app enables smooth trading alongside proven signal providers
Trading Instruments- Forex
- CFD's on Stock
- CFD's on Indices
-
AvaTrade
- Minimum deposits from $100
- Licensed by 11 regulatory bodies
- Retail forex leverage of up to 1:400
Trading Instruments- Forex
- Major stock indices
- Cryptocurrencies
- Commodities
- Bonds
- Individual Shares
- ETFs
-
HF Markets
- Up to 1:2000 leverage in specific countries
- Supports trading in micro lots (1,000 units
- A $6 round-turn commission per standard lot for Zero accounts
Trading Instruments- Forex
- Metals
- Energies
- Soft commodities
- Indices
- Stocks
- Cryptocurrencies
- Bonds
- ETFs
-
eToro
- Popular broker for social trading
- Trading is conducted on innovative in-house platform
- Offers both investing and trading products
Trading Instruments- Crypto
- CFDs on Forex
- Stocks
- Commodities
- Crypto
- ETFs
- and Indices
-
Eightcap
- Traders can enjoy competitive trading conditions through different account types
- Offers access to over 800 CFD markets through TradingView
- Platforms like MT4 and MT5 enable multi-device trading
Trading Instruments- Forex CFDs
- Commodity CFDs
- Shares CFD's
- Index CFDs
- Crypto CFD's
-
CMC Markets
- Provides a choice of 10,000+ trading instruments
- Supports MT4 and Next Generation (proprietary platform
- Spreads for EUR/USD from 0.5 pips
Trading Instruments- CFDs on Forex
- Indices
- Shares
- Commodities
- Treasuries
- Cryptocurrencies
- Share baskets Investments on ETFs
- Shares
- Managed funds
- Options
- and more
-
Plus500
- Multi-Level Regulated Broker
- Proprietary trading platforms
- Easy to use mobile app
Trading Instruments- CFDs on: Forex
- Crypto
- Indices
- Commodities
- Stocks
- Options
- ETFs
-
FxPro
- NDD broker offering deep liquidity and ultra-fast execution
- Over 99% instant order executions with no requotes
- Supports MT4, MT5, cTrader, and a proprietary platform
Trading Instruments- Forex
- Shares
- Energy
- Indices
- Futures
- Metals
-
Admirals
- Offers a great range of investment and trading products
- Multi-device trading available through MT4 and MT5
- Offers over 4,000 CFD instruments
Trading Instruments- CFDs on Forex
- Indices
- Stocks
- Commodities
- Bonds
- ETFs
- Cryptocurrencies
-
Saxo Bank
- Holds a banking license
- Offers forex options and spot trading
- Minimum EUR/USD spreads from 0.9 pips
Trading Instruments- Stocks
- ETFs
- Bonds
- Mutual funds
- Crypto ETPs
- Options
- Futures
- Forex
- Forex options
- Crypto FX
- CFDs
- Commodities
-
IG
- Offers different account types, including DMA (Direct Market Access) one
- Offers turbo warrants on forex pairs, commodities, indices, and equities
- Supports popular platforms like MT4 and TradingView as well as ProRealTime, L2, and more
Trading Instruments- CFDs on Indices
- Forex
- Shares
- Crypto
- Futures
- Commodities
- Options
- Interest Rates
- Sectors
- Bonds
- Knock-out trading
-
Vantage FX
- Broker offering some of the lowest spreads from 0.0 pips
- Operating in multiple markets under licenses from tier-1 regulators
- Provides a range of account types with great trading conditions
Trading Instruments- Forex
- Indices
- Commodities
- Shares CFD
- ETFs
- Bonds
-
XM Group
- Registered for outward passporting with multiple EU regulators
- 99.7% order fill rates and low minimum deposit requirements ($5)
- Supports MT4 and MT5
Trading Instruments- Forex
- Stocks
- Indices
- Commodities
- Thematic Indices
How We Rank Forex Brokers at Rational FX
At RationalFX, we understand the importance of selecting a reliable and trustworthy forex broker. With numerous options available, it can be overwhelming to make an informed decision. To help you navigate the complex world of forex trading, we have developed a comprehensive ranking system that takes into account multiple key factors.
When evaluating and ranking the best forex brokers, we consider the following essential criteria:
-
Regulation of the Broker:
We only include brokers that are regulated by top-tier regulatory bodies, including the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC) in Australia, and the Cyprus Securities and Exchange Commission (CySec) in Cyprus. This ensures that our recommended brokers operate in a transparent and secure environment, adhering to strict regulatory standards.
-
Trading Platforms Available:
We look for brokers that offer a range of popular and user-friendly trading platforms, including:
Metatrader 4 (MT4), Metatrader 5 (MT5), cTrader,TradingView, Copy Trading. These trading platforms provide traders with the tools and flexibility they need to execute trades efficiently and effectively. -
Forex Spreads:
Competitive spreads are crucial for traders, as they directly impact trading costs. We include brokers that offer tight spreads for both major and minor currency pairs, ensuring that our users can trade with confidence and minimize their expenses.
-
Available Deposit Methods:
We believe that brokers should provide a variety of convenient and secure deposit methods, including: PayPal, Credit and debit cards (e.g., Visa), Bank transfers, Bitcoin and Crypto, e-wallets. This diversity of payment options allows traders to fund their accounts easily and quickly, without unnecessary hassle or restrictions.
-
Trading Instruments Available:
A good forex broker should offer a broad range of trading instruments, including: Stocks, Forex, Cryptocurrencies, Indices and Commodities. This variety enables traders to diversify their portfolios and adapt to changing market conditions, making it easier to achieve their investment goals.
By carefully evaluating these factors, we provide our users with a comprehensive and unbiased ranking of the best forex brokers. Our goal is to empower traders with the knowledge and tools they need to make informed decisions and succeed in the competitive world of forex trading.
RationalFX Comprehensive Ranking
We’ve conducted an exhaustive evaluation of over 50 forex brokers and top trading platforms, utilizing a rigorous testing methodology that analyzes a multitude of data-driven variables and thousands of data points.
Comprehensive ranking table
Brand | Min. Deposit | Trading Platforms | Spread | Regulation | Trustpilot |
---|---|---|---|---|---|
$50 |
|
0.85 |
|
||
$0 |
|
0.1 |
|
||
$0 Classic$200,000 + Platinum $1,000,000 + VIP |
|
0.9 |
|
||
$0 |
|
0.5 |
|
||
$100 |
|
1 |
|
||
$0 |
|
1.1 |
|
||
$250 |
|
0.9 |
|
||
$50 or $100 based on country ($10 for the UK) |
|
1.0 |
|
||
$20 |
|
0.6 |
|
||
$1,000 |
|
1.0 |
|
||
$100 |
|
0.9 |
|
||
$0 ($25 for Trustly, Visa, Mastercard) |
|
1.6 |
|
||
$100 |
|
1.2 | |||
$50 |
|
0.6 |
|
||
$0 |
|
1.00 (min) |
|
||
$5 |
|
0.8 |
|
||
$100 ($1 for Invest MT5 Account) |
|
0.1 |
|
||
$50 (AU$100) |
|
1.1 |
|
||
$100 |
|
0.1 |
|
||
$200 |
|
0.8 |
|
||
$100 |
|
0.25 |
|
||
$100 |
|
0.6 |
|
||
$0 (Standard)$2,000 (Prime)$20,000 (Institutional) |
|
0.1 |
|
||
$50 |
|
0.2 |
|
||
$250 |
|
2.61 |
|
||
$20 |
|
1.5 |
|
||
$0 (Zero, Premium), $5,000 (Premium Pro) |
|
0.73 |
|
||
$10 |
|
1 |
|
||
$0 |
|
0.6 |
|
||
$100 |
|
1.00 (min) |
|
||
$50 |
|
1.2 |
|
||
$50 |
|
1 |
|
||
Varies based on method |
|
0.6 |
|
||
$100 |
|
0.7 |
|
||
$10 |
|
1.56 |
|
||
$25 |
|
|
|||
$100 |
|
0.7 |
|
||
$0 |
|
1.2 |
|
||
$100 |
|
2 |
|
||
$100 |
|
1 |
|
||
$1000 |
|
0.8 |
|
||
$20 |
|
0.9 |
|
||
$10 |
|
0.1 |
|