Best Forex Brokers: Reviewed, Rated and Ranked

Every broker below went through the same test: we confirmed its licence with the regulator, measured live EUR/USD spreads and commissions on a funded account, tried the MT4, MT5 and web platforms, and read the bonus terms line by line. Use the minimum deposit, leverage, broker type and editor rating to shortlist, then open the full review before you deposit.

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All Forex Brokers Ranked

193

Admiral Markets3.3

Min deposit$100

Max leverage1:500

Broker typeECN/STP

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194

FirewoodFX3.1

Min deposit$10

Max leverage1:3000

Broker typeSTP, ECN

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195

Maven3.0

Min deposit$2000

Max leverage1:500

Broker typeMaven

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196

ATFunded3.0

Min deposit$25

Max leverage1:2000

Broker typeProp Firms

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197

Funding Traders3.0

Min deposit—

Max leverage1:500

Broker typeFunding

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198

The5ers3.0

Min deposit$2500

Max leverage1:500

Broker typeThe5ers

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199

Peaksight3.0

Min deposit$100

Max leverage1:400

Broker typeSTP, ECN, MM

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200

Fortune Prime3.0

Min deposit$100

Max leverage1:500

Broker typeSTP, ECN

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201

FTMO3.0

Min deposit$2500

Max leverage1:1000

Broker typeProp Firms

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202

Neex3.0

Min deposit$50

Max leverage1:500

Broker typeSTP, ECN

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203

E8 Markets3.0

Min deposit$1000

Max leverage1:500

Broker typeE8 Markets

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204

YouHodler3.0

Min deposit$100

Max leverage1:500

Broker typeExchange

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$30 Welcome Bonus — claim your free trading credit

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Featured Brokers

FBS Inc

🛡 Regulation: FSC (Belize), CySEC (Cyprus) ASIC…

100% Deposit Bonus

Minimum deposit$10

Leverage1:3000

Spread from0.0 Pips

Broker typeSTP/ECN

MetaTrader 5 (MT5) and WebTraderAPPLY NOW →Full Review

5.0

Roboforex

🛡 Regulation: (FSC) of Belize

$30 Welcome Bonus

Minimum deposit$10

Leverage1:2000

Spread fromFrom 0.0pips

Broker typeSTP/ECN/MM

MetaTrader 4 (MT4) and MetaTrader 5 (MT5)APPLY NOW →Full Review

5.0

Valetax

🛡 Regulation: FSC, license No GB21026312

30% Exclusive Forex Deposit Bonus

Minimum deposit$1

Leverage1:2000

Spread from0.0 Spreads From

Broker typeSTP/ECN

MetaTrader 4 (MT4) and MetaTrader 5 (MT5)APPLY NOW →Full Review

5.0

InstaForex

🛡 Regulation: Registered with FCA (UK), Reference…

$500 to $5000 Free Trading Bonus

Minimum deposit$1

Leverage1:500

Spread from0.0 Pips

Broker typeSTP/ECN

MetaTrader 4 (MT4) and MetaTrader 5 (MT5)APPLY NOW →Full Review

5.0

XM Group

🛡 Regulation: CySEC, FSC, DFSA, FSCA

100% Deposit Bonus

Minimum deposit$5

Leverage1:1000

Spread fromFrom 0.0 pips

Broker typeMarket Maker

MetaTrader 4 (MT4) and MetaTrader 5 (MT5)APPLY NOW →Full Review

5.0

How to use this broker comparison

Start with regulation: brokers under FCA, ASIC, CySEC, FINMA or CFTC oversight offer the strongest fund protection. Next, compare the total trading cost — the spread plus any commission — on the pairs you actually trade, and check the bonus terms if you plan to claim an offer. Finally, test the platform on a demo account and confirm deposit and withdrawal options for your country. Read our review methodology to see exactly how each rating is calculated.