Trading CFDs carries a high risk of losing money rapidly. Confirm this broker's current loss-rate disclosure and regulated entity before opening an account. Read the full risk disclosure.

Data-led broker guide

Best Forex brokers

We selected brokers whose catalogue includes Forex among their available instruments. This page contains 48 matching brokers; 39 hold at least one tier 5 licence in our catalogue. The lowest listed minimum deposit is $0 at HFM. The lowest advertised spread is 0.0 pips at HFM. The most common platforms are MetaTrader 4 (41), MetaTrader 5 (36), TradingView (15).

Some figures on this page are taken from broker-published information and have not yet been checked against current terms. Confirm details on the broker's website.

Last updated: 4 October 2026 · Reviewed by BrokaBoy Research Team

How we picked these brokers

Filter: The broker lists Forex in its instrument range.

Order: Brokers are ranked by BrokaBoy score.

Commissions never change ranking order on this page. Read our methodology.

Ranked brokers

1

HFM

9.7/10· Trustpilot 4.3 (2,948 reviews)

Multi-regulated broker formerly trading as HotForex

Min Dep

$0

Spread

0.0 pips

Leverage

1:2000 (entity dependent)

Affiliate link - see our Methodology

2

CMC Markets

9.3/10· Trustpilot 4.2 (3,386 reviews)

Advanced charts, LSE-listed

Min Dep

$0

Spread

0.0 pips

Leverage

1:30

Affiliate link - see our Methodology

3

Pepperstone

Featured

9.2/10· Trustpilot 4.2 (3,580 reviews)

Award-winning execution speed

Min Dep

$10

Spread

0.0 pips

Leverage

1:400

Affiliate link - see our Methodology

4

Axi

9.1/10· Trustpilot 4.1 (7,586 reviews)

Australian MT4 specialist with a strong copy-trading offer

Min Dep

$100

Spread

0.0 pips

Leverage

1:1000 (entity dependent)

Affiliate link - see our Methodology

5

Forex.com

9.1/10· Trustpilot 4.6 (2,481 reviews)

StoneX-owned broker with US and global entities

Min Dep

$100

Spread

0.0 pips

Leverage

1:200

Affiliate link - see our Methodology

6

Saxo Bank

9.1/10· Trustpilot 3.6 (8,756 reviews)

Licensed Danish bank offering deep multi-asset market access

Min Dep

$0

Spread

0.4 pips

Leverage

Up to 1:30 (retail, EU/UK)

Affiliate link - see our Methodology

7

Exness

9.0/10· Trustpilot 4.7 (31,240 reviews)

High-volume retail broker with instant withdrawals and tight majors

Min Dep

$10

Spread

0.0 pips

Leverage

1:2000

Affiliate link - see our Methodology

8

IG

9.0/10· Trustpilot 3.7 (9,975 reviews)

FTSE-listed global leader in CFDs and spread betting

Min Dep

$0

Spread

0.6 pips

Leverage

Up to 1:30 (retail, UK/EU)

Affiliate link - see our Methodology

9

OANDA

9.0/10· Trustpilot 3.5 (1,235 reviews)

Precision pricing since 1996

Min Dep

$0

Spread

0.0 pips

Leverage

1:50 (entity dependent)

Affiliate link - see our Methodology

10

Admirals

8.9/10· Trustpilot 4.1 (2,165 reviews)

Admiral Markets, an EU-supervised broker with an investing arm

Min Dep

$100

Spread

0.0 pips

Leverage

Up to 1:500 (entity dependent)

Affiliate link - see our Methodology

11

ThinkMarkets

8.9/10· Trustpilot 3.4 (520 reviews)

Multi-regulated broker with its own ThinkTrader platform

Min Dep

$0

Spread

0.0 pips

Leverage

Up to 1:500 (entity dependent)

Affiliate link - see our Methodology

12

Vantage Markets

8.9/10· Trustpilot 4.4 (14,731 reviews)

ASIC-supervised group with raw ECN pricing and copy trading

Min Dep

$50

Spread

0.0 pips

Leverage

Up to 1:500 (entity dependent)

Affiliate link - see our Methodology

13

Interactive Brokers

8.8/10· Trustpilot 3.1 (5,486 reviews)

Global multi-asset broker for serious investors

Min Dep

$0

Spread

0.1 pips

Leverage

1:30

Affiliate link - see our Methodology

14

Moneta Markets

8.7/10· Trustpilot 4.1 (583 reviews)

Multi-platform broker aimed at active retail traders

Min Dep

$50

Spread

0.0 pips

Leverage

1:1000

Affiliate link - see our Methodology

15

Capital.com

8.6/10· Trustpilot 4.6 (15,090 reviews)

AI-assisted CFD platform with wide market coverage

Min Dep

$10

Spread

0.6 pips

Leverage

1:30 (entity dependent)

Affiliate link - see our Methodology

16

Eightcap

8.6/10· Trustpilot 4.1 (3,898 reviews)

Raw-spread broker with strong crypto CFD range

Min Dep

$100

Spread

0.0 pips

Leverage

1:500

Affiliate link - see our Methodology

17

FP Markets

Featured

8.6/10· Trustpilot 4.8 (10,285 reviews)

ECN pricing with 10,000+ instruments

Min Dep

$100

Spread

0.0 pips

Leverage

1:500

ASIC CySEC FSCA

Affiliate link - see our Methodology

18

Swissquote

8.5/10· Trustpilot 3.4 (4,256 reviews)

Swiss bank offering forex and multi-asset trading

Min Dep

$0

Spread

0.0 pips

Leverage

1:100

Affiliate link - see our Methodology

19

Fusion Markets

8.3/10· Trustpilot 4.8 (9,250 reviews)

Low-cost Australian broker with tiny commissions

Min Dep

$0

Spread

0.0 pips

Leverage

1:500 (entity dependent)

Affiliate link - see our Methodology

20

FxPro

8.3/10· Trustpilot 2.5 (751 reviews)

No-dealing-desk since 2006

Min Dep

$100

Spread

0.3

Leverage

1:500

Affiliate link - see our Methodology

21

GO Markets

8.3/10· Trustpilot 4.2 (748 reviews)

Long-standing Australian forex specialist

Min Dep

$200

Spread

0.0 pips

Leverage

1:500 (entity dependent)

ASIC CySEC FSCM

Affiliate link - see our Methodology

22

FXTM

8.2/10· Trustpilot 2.5 (1,106 reviews)

ForexTime, an education-heavy broker with strong emerging-market reach

Min Dep

$100

Spread

0.0 pips

Leverage

Up to 1:5000 (entity dependent)

Affiliate link - see our Methodology

23

Global Prime

8.2/10· Trustpilot 4.7 (558 reviews)

Execution-transparency focused Australian broker

Min Dep

$0

Spread

0.03 pips

Leverage

1:1000

Affiliate link - see our Methodology

24

IC Markets

Featured

8.1/10· Trustpilot 4.8 (56,055 reviews)

Raw spreads for serious traders

Min Dep

$200

Spread

0.0 pips

Leverage

Up to 1:5000 (entity dependent)

Affiliate link - see our Methodology

25

XTB

Featured

8.1/10· Trustpilot 3.6 (2,819 reviews)

Trusted since 2002

Min Dep

$0

Spread

0.5 pips

Leverage

1:500

Affiliate link - see our Methodology

26

Hantec Markets

8.0/10· Trustpilot 5.0 (5,368 reviews)

Established broker with sponsorship-backed brand

Min Dep

$0

Spread

0.0 pips

Leverage

1:500

Affiliate link - see our Methodology

27

PU Prime

8.0/10· Trustpilot 2.9 (1,841 reviews)

Multi-asset broker aimed at emerging markets

Min Dep

$50

Spread

0.0 pips

Leverage

1:1000

Affiliate link - see our Methodology

28

Tickmill

8.0/10· Trustpilot 2.8 (1,144 reviews)

Low commissions, no gimmicks

Min Dep

$100

Spread

0.0 pips

Leverage

1:1000 (entity dependent)

Affiliate link - see our Methodology

29

XM

Featured

8.0/10· Trustpilot 2.1 (3,130 reviews)

10M+ clients, 190+ countries

Min Dep

$5

Spread

0.6

Leverage

1:1000 (equity dependent)

CySEC ASIC IFSC

Affiliate link - see our Methodology

30

FXCM

7.9/10· Trustpilot 4.6 (976 reviews)

Long-running CFD broker with strong charting tools

Min Dep

$50

Spread

0.2 pips

Leverage

1:400

Affiliate link - see our Methodology

31

VT Markets

7.8/10· Trustpilot 3.5 (2,868 reviews)

Australian-founded broker with global reach

Min Dep

$50

Spread

0.0 pips

Leverage

1:1000

Affiliate link - see our Methodology

32

AvaTrade

7.7/10· Trustpilot 4.8 (13,229 reviews)

Global broker, local support

Min Dep

$100

Spread

0.9

Leverage

1:400

Affiliate link - see our Methodology

33

easyMarkets

7.7/10· Trustpilot 4.3 (1,929 reviews)

Fixed spreads with built-in risk tools

Min Dep

$25

Spread

0.9 pips

Leverage

1:400

ASIC CySEC BVIFSC

Affiliate link - see our Methodology

34

Plus500

7.7/10· Trustpilot 4.2 (19,809 reviews)

Clean CFD trading, no clutter

Min Dep

$100

Spread

0.6

Leverage

1:30

Affiliate link - see our Methodology

35

Deriv

7.6/10· Trustpilot 4.3 (73,060 reviews)

Synthetic indices and multipliers alongside standard FX CFDs

Min Dep

$5

Spread

0.5 pips

Leverage

Up to 1:1000 (entity dependent)

Affiliate link - see our Methodology

36

Dukascopy

7.5/10· Trustpilot 2.8 (813 reviews)

Swiss bank with the JForex ECN platform

Min Dep

$100

Spread

0.1 pips

Leverage

1:200

Affiliate link - see our Methodology

37

FBS

7.4/10· Trustpilot 4.3 (9,902 reviews)

Low-entry accounts for emerging-market traders

Min Dep

$5

Spread

0.7 pips

Leverage

1:3000

IFSC CySEC ASIC

Affiliate link - see our Methodology

38

Trading 212

7.4/10· Trustpilot 4.6 (102,100 reviews)

Commission-free investing plus CFDs

Min Dep

$1

Spread

0.6 pips

Leverage

1:30

Affiliate link - see our Methodology

39

eToro

Featured

7.3/10· Trustpilot 4.1 (31,994 reviews)

Social trading, reinvented

Min Dep

$50

Spread

1.0

Leverage

1:30

Affiliate link - see our Methodology

40

Octa

7.3/10· Trustpilot 3.7 (9,771 reviews)

Low-cost forex and CFD broker with copy trading and a proprietary app

Min Dep

$25

Spread

0.6 pips

Leverage

Up to 1:1000 (entity dependent)

Affiliate link - see our Methodology

41

Libertex

7.2/10· Trustpilot 3.9 (9,535 reviews)

Simple CFD platform with commission-based pricing

Min Dep

$10

Spread

0.3 pips

Leverage

1:30

Affiliate link - see our Methodology

42

JustMarkets

7.1/10· Trustpilot 3.6 (4,479 reviews)

Low-cost accounts aimed at emerging-market retail traders

Min Dep

$10

Spread

0.3 pips

Leverage

Up to 1:3000 (entity dependent)

Affiliate link - see our Methodology

43

ATFX

6.5/10· Trustpilot 3.7 (129 reviews)

Global broker with strong Asian and UK presence

Min Dep

$100

Spread

1.8 pips

Leverage

1:500 (entity dependent)

Affiliate link - see our Methodology

44

BDSwiss

6.1/10· Trustpilot 2.0 (2,836 reviews)

European-founded CFD broker with tiered account pricing

Min Dep

$10

Spread

0.3 pips

Leverage

Up to 1:2000 (entity dependent)

Affiliate link - see our Methodology

45

NAGA

6.1/10· Trustpilot 3.4 (4,098 reviews)

Social trading platform with CFDs and stocks

Min Dep

$250

Spread

1.0 pips

Leverage

Up to 1:1000 (entity dependent)

Affiliate link - see our Methodology

46

Titan FX

5.8/10· Trustpilot 3.2 (172 reviews)

Execution-focused broker with no dealing desk

Min Dep

$200

Spread

0.0 pips

Leverage

1:2000

Affiliate link - see our Methodology

47

InstaForex

5.6/10· Trustpilot 2.3 (534 reviews)

High-leverage broker popular in emerging markets

Min Dep

$1

Spread

0.0 pips

Leverage

1:1000

Affiliate link - see our Methodology

48

Alpari

5.1/10· Trustpilot 2.5 (288 reviews)

Veteran forex brand with cent and copy accounts

Min Dep

$30

Spread

0.4 pips

Leverage

1:3000

Affiliate link - see our Methodology

Affiliate link - see our Methodology

Top brokers compared

Swipe sideways to see every column.

#	Broker	BrokaBoy score	Listed min deposit	Advertised spread	Leverage	Platforms
1	HFM	9.7/10	$0	0.0 pips	1:2000 (entity dependent)	MT4, MT5, HFM App
2	CMC Markets	9.3/10	$0	0.0 pips	1:30	Next Generation, MetaTrader 4, CMC Mobile
3	Pepperstone	9.2/10	$10	0.0 pips	1:400	MetaTrader 4, MetaTrader 5, cTrader
4	Axi	9.1/10	$100	0.0 pips	1:1000 (entity dependent)	MT4, MT5, Axi Copy Trading
5	Forex.com	9.1/10	$100	0.0 pips	1:200	MetaTrader 4, MetaTrader 5, Web Trader
6	Saxo Bank	9.1/10	$0	0.4 pips	Up to 1:30 (retail, EU/UK)	SaxoTraderGO, SaxoTraderPRO, SaxoInvestor
7	Exness	9.0/10	$10	0.0 pips	1:2000	MT4, MT5, Exness Terminal
8	IG	9.0/10	$0	0.6 pips	Up to 1:30 (retail, UK/EU)	IG Web Platform, ProRealTime, MT4
9	OANDA	9.0/10	$0	0.0 pips	1:50 (entity dependent)	OANDA Trade, MetaTrader 4, TradingView
10	Admirals	8.9/10	$100	0.0 pips	Up to 1:500 (entity dependent)	MT4, MT5, MetaTrader Supreme Edition

Forex leverage in the catalogue

The advertised maximum leverage varies by broker and entity. Values in this group include 1:2000 (entity dependent), 1:30, 1:400, 1:1000 (entity dependent), 1:200.

Retail limits can be lower under local rules. Confirm the instrument, entity and account terms before trading.

Frequently asked questions

Which Forex broker has the highest BrokaBoy score?+

HFM has the highest BrokaBoy score in this filtered group at 9.7/10. The score is calculated from advertised catalogue data; see our methodology.

Which Forex broker has the lowest listed minimum deposit?+

HFM has the lowest listed minimum deposit at $0.

How many brokers offer Forex?+

48 brokers in the current catalogue list Forex among their instruments.

Does maximum leverage apply to every Forex trader?+

No. Maximum leverage depends on the instrument, account, regulated entity and jurisdiction, and retail limits may be lower.

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