Our team tested and ranked the top brokers based on fees, platform quality, regulation, and real trading experience. Updated monthly.
Showing 5 brokers
1
IC Markets
Best for Low-Cost Forex & Scalping Traders4.7/ 5
Min. Deposit$200
SpreadFrom 0.0 pips
RegulationASIC, CySEC, FSA Seychelles, SCB Bahamas
PlatformsMT4, MT5, cTrader, TradingView
2
Pepperstone
Best for Low Spreads & Scalping4.6/ 5
Min. Deposit$0 (recommended $200)
SpreadFrom 0.0 pips (Razor account)
RegulationASIC, FCA, CySEC, BaFin, DFSA, SCB, CMA
PlatformsMT4, MT5, cTrader
3
OANDA
Best for Transparent Pricing4.4/ 5
Min. Deposit$0
SpreadFrom 0.6 pips
RegulationFCA, ASIC, CFTC, NFA, CIRO, MAS
PlatformsMT4, OANDA Trade, TradingView
4
XM Broker
Low Minimum Deposit Broker4.4/ 5
Min. Deposit$5
SpreadFrom 0.0 pips
RegulationASIC, CySEC, IFSC, DFSA
PlatformsMT4, MT5
5
Exness
Best for Low-Cost Forex Trading4.4/ 5
Min. Deposit$10
SpreadFrom 0.0 pips
RegulationFCA (UK), CySEC (EU), FSCA
PlatformsMT4, MT5, Exness App