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.
| # | Name | Minimum deposit | Licences | Read the review |
|---|---|---|---|---|
| 1 |
|
$1,500 | SPK | Read the review |
| 2 | ADSS | — | CMA | Read the review |
| 3 |
|
— | CMF | Read the review |
| 4 |
|
$100 | CFTC, NFA | Read the review |
| 5 |
|
$0 | FCA, SCB, CMA | Read the review |
| 6 |
|
$25 | FCA, CySEC, FSA | Read the review |
| 7 | Ahli Brokerage | — | QFMA | Read the review |
| 8 |
|
— | BAPPEBTI, OJK | Read the review |
Most popular lists
Lists that update automatically from broker data.
Best brokers in your country
Latest reviews
Open any review: licences, fees, platforms and Islamic accounts.
Trading calculators
Do the maths before you open a trade.
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 brokersHow we rate brokers
A clear, independent methodology behind every review and list.
- Licences firstWe verify each broker's licences and numbers in regulators' registers.
- Data from the sourceFees, minimum deposits and leverage come from official websites and are reviewed regularly.
- Independent ratingsNo broker can pay for its position or rating.
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.