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Reviews of brokers, trading platforms and bots

Independent reviews of brokers, trading platforms and bots with licences, fees and minimum deposits, plus best-broker lists and free trading calculators and tools.

  • 135brokers reviewed
  • 15best-broker lists
  • 16trading calculators
  • 7languages

Everything you need in one place

Pick where to start: reviews, comparisons, tools and learning.

Top-rated trading brokers

Ranked by our team's rating and licence strength, with minimum deposits.

View all
# Name Minimum deposit Licences Read the review
1 A1 Capital $1,500 SPK Read the review
2 ADSS — CMA Read the review
3 AFC - Arab Financial Consultants — CMF Read the review
4 AMP Futures $100 CFTC, NFA Read the review
5 ActivTrades $0 FCA, SCB, CMA Read the review
6 Admirals (Admiral Markets) $25 FCA, CySEC, FSA Read the review
7 Ahli Brokerage — QFMA Read the review
8 Ajaib — BAPPEBTI, OJK Read the review

Most popular lists

Lists that update automatically from broker data.

All lists

Best brokers in your country

Latest reviews

Open any review: licences, fees, platforms and Islamic accounts.

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Trading calculators

Do the maths before you open a trade.

All calculators

Latest articles and guides

Trade safely

Before you deposit, check the broker's licence and our list of companies regulators have warned about.

Broker warnings Compare all brokers

How we rate brokers

A clear, independent methodology behind every review and list.

  1. Licences firstWe verify each broker's licences and numbers in regulators' registers.
  2. Data from the sourceFees, minimum deposits and leverage come from official websites and are reviewed regularly.
  3. Independent ratingsNo broker can pay for its position or rating.

All the sources we rely on →

Frequently asked questions

Which is the best trading broker?

No single broker is best for everyone. The right one depends on your country, how strict its regulator is, costs (spreads, commissions and withdrawal fees), the platform and the payment methods on offer. Start with the best broker lists for your country, or use the broker finder to narrow the choice to brokers that match your needs.

How do I know if a broker is licensed?

Find the licence number and regulator at the bottom of the broker's website, then open that regulator's official register and search for the firm's name or licence number. Check that the licence is active and that the legal entity and website in the register match the company you are opening an account with, since many groups run several entities under different licences. Links to the official registers are on our sources page.

How can I tell if a broker is a scam?

The main warning signs: a licence that doesn't appear in the official register, promises of guaranteed or fixed profits, "account managers" pushing you to deposit more, requests to install remote-access software, and obstacles or surprise fees when you withdraw. Before signing up, search for the firm on our broker warning list and on IOSCO I-SCAN.

What is forex?

Forex is the global currency exchange market, where currencies are traded in pairs such as EUR/USD. Individuals reach it through a broker, usually with contracts for difference (CFDs) and leverage that magnifies both profits and losses, so it carries high risk.

Is forex trading halal or haram?

This is a religious question we leave to scholars, and opinions differ. The points usually discussed are overnight interest (swap), the requirement for immediate settlement in currency exchange, and leverage. Many brokers offer swap-free Islamic accounts, but their terms vary. Ask a fatwa authority you trust before you start.

What is a broker in trading?

A broker is the company that connects you to the markets: you open an account with it, deposit your money and place trades on its platform, such as MetaTrader or cTrader. Brokers earn from spreads, commissions or other fees, so costs vary a lot between them. Above all, a broker should be licensed by a strict regulator.

What is the minimum amount to start trading?

Many brokers let you open an account with a deposit of $10 to $200, and some have no minimum at all. But a small balance with high leverage can be lost quickly. Start on a demo account, then trade only with money you can afford to lose.

How do I start trading from scratch?

Learn the basics first: the terms, lot size, leverage and stop-loss orders. Then choose a licensed broker that serves your country and practise on a demo account until you know the platform. When you move to a live account, start small and decide in advance how much you will risk on each trade.

Is trading profitable?

It can be, but most retail traders lose money. Brokers licensed in the EU and UK must publish the share of retail CFD accounts that lose money, and it is usually between 60% and 90%. Don't trust anyone who promises guaranteed profits.