Best Forex Brokers 2026
Regulated forex brokers offering competitive spreads, fast execution, and powerful trading platforms. We rank them automatically based on their up-to-date data and our team's ratings, and the list updates dynamically with any changes in broker data.
What does a broker need to make this list?
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- ✓ Top-tier licences (FCA, ASIC, DFSA, CFTC, NFA, MAS, FINMA, BaFin, JFSA, FMA)
- ✓ Minimum deposit $0
- Minimum deposit
- $0
- Maximum leverage
- 1:200
IG is a financial brokerage group founded in London in 1974, offering trading in CFDs, forex, shares, ETFs, options, and futures through entities regulated by authorities including the UK's FCA, Germany's BaFin, Switzerl...
69% of retail CFD accounts lose money with this broker.
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- ✓ Top-tier licences (FCA, ASIC, SEC, FINRA, CFTC, NFA, CBI, CIRO, SFC, MAS)
- ✓ Minimum deposit $0
- Minimum deposit
- $0
- Maximum leverage
- 1:30
Interactive Brokers is a US broker headquartered in Greenwich, Connecticut, offering trading in stocks, options, futures, currencies, bonds, and funds across more than 175 markets via platforms such as Trader Workstation...
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- ✓ Top-tier licences (FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF)
- ✓ Minimum deposit $0
- ✓ Copy trading
- Minimum deposit
- $0
- Maximum leverage
- 1:888
OANDA is a forex and CFD broker established in 1996, offering trading in currency pairs, indices, commodities, metals, shares, and cryptocurrencies via MetaTrader 4 and 5, TradingView, and its mobile app. The group opera...
75% of retail CFD accounts lose money with this broker.
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- ✓ Top-tier licences (FCA, DFSA, SFC, MAS, FINMA, CSSF)
- Minimum deposit
- $1,000
- Maximum leverage
- 1:100
Swissquote is a Swiss banking group headquartered in Gland and listed on the SIX Swiss Exchange, providing banking and investment services alongside forex and CFD trading on stocks, indices, commodities, and cryptocurren...
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- ✓ Top-tier licences (FCA, ASIC, CFTC, NFA, MAS)
- ✓ Minimum deposit $100
- Minimum deposit
- $100
FOREX.com is a forex and CFD broker established in 2001 in the United States, owned by the US-listed StoneX Group. It operates through entities regulated by bodies including the US CFTC and NFA, the UK FCA, Cyprus's CySE...
77% of retail CFD accounts lose money with this broker.
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- ✓ Top-tier licences (ASIC, CBI, JFSA, FSRA)
- ✓ Minimum deposit $100
- Minimum deposit
- $100
AvaFutures is an AvaTrade Group subsidiary specializing in trading exchange-listed futures on exchanges such as CME and Eurex. It offers trading via CQG, TradingView, MetaTrader 5, ATAS, and Deepcharts, with a minimum de...
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- ✓ Top-tier licences (ASIC, CBI, JFSA, FSRA)
- ✓ Minimum deposit $100
- ✓ Offers an Islamic account
- Minimum deposit
- $100
- Maximum leverage
- 1:400
- Islamic account
- ✓ Yes
Founded in 2006 and headquartered in Dublin, Ireland, AvaTrade is a broker offering forex and CFD trading on stocks, indices, commodities, cryptocurrencies, and ETFs, as well as FX options. Its entities operate under lic...
70% of retail CFD accounts lose money with this broker.
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- ✓ Top-tier licences (FCA, ASIC, DFSA, FMA)
- ✓ Minimum deposit $0
- ✓ Offers an Islamic account
- Minimum deposit
- $0
- Maximum leverage
- 1:1000
- Islamic account
- ✓ Yes
Axi is a forex and CFD broker founded in Sydney, Australia, in 2007, operating via entities regulated by authorities including Australia's ASIC, the UK's FCA, Cyprus's CySEC, and Dubai's DFSA. It offers trading across cu...
71.4% of retail CFD accounts lose money with this broker.
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- ✓ Top-tier licences (FCA, ASIC, DFSA, BaFin)
- ✓ Minimum deposit $0
- ✓ Offers an Islamic account
- Minimum deposit
- $0
- Maximum leverage
- 1:400
- Islamic account
- ✓ Yes
Pepperstone is a forex and CFD broker founded in Melbourne, Australia in 2010, operating through regulated entities licensed by authorities including Australia's ASIC, the UK's FCA, Cyprus's CySEC, Dubai's DFSA, and the...
73-89% of retail CFD accounts lose money with this broker.
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- ✓ Top-tier licences (SEC, FINRA, CFTC, NFA)
- ✓ Minimum deposit $0
- Minimum deposit
- $0
Tradier is a US-based brokerage firm founded in 2012 and headquartered in Charlotte, focusing on stock and options trading via its web and mobile platforms as well as partner platforms such as TradingView. Securities are...
How do the top 3 brokers compare?
| Comparison table |
IG
Broker
|
Interactive Brokers
Broker
|
Oanda
Broker
|
|---|---|---|---|
| Licences | FCA, ASIC, DFSA, CFTC, NFA, MAS, FINMA, BaFin, JFSA, FMA, FSCA, BMA Best | FCA, ASIC, SEC, FINRA, CFTC, NFA, CBI, CIRO, SFC, MAS Best | FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG) |
| Minimum deposit | $0 | $0 | $0 |
| Maximum leverage | 1:200 | 1:30 | 1:888 |
| Trading platforms | MetaTrader 4, MetaTrader 5, TradingView, Web Trader, Mobile App, ProRealTime, L2 Dealer | Trader Workstation, IBKR Desktop, Client Portal, IBKR GlobalTrader, Web Trader, Mobile App, TradingView | MetaTrader 4, MetaTrader 5, TradingView, Web Trader, Mobile App |
| Markets | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs) | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs) | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices |
| Demo account | ✓ Yes | ✓ Yes | ✓ Yes |
| Copy trading | ✗ No | — | ✓ Yes |
| Founded | 1974 | 1977 | 1996 |
| Headquarters | London, United Kingdom | Greenwich, United States | — |
| Read the review | Read the review | Read the review |
Data is for information only and may change; always check the official website before opening an account.
How do we rank brokers?
A broker joins the list automatically when it meets every criterion according to its up-to-date data, then the list is ranked by editor rating, then licence strength. Data comes from the brokers' official websites and regulator registers and is reviewed regularly.
Frequently asked questions
Which are the best forex brokers in 2026?
IG ranks first on our list, followed by Interactive Brokers, Oanda, out of 10 brokers.
Which of the best forex brokers has the lowest minimum deposit?
IG, with a minimum deposit of $0.
Do the best forex brokers offer an Islamic account?
Yes, these offer a swap-free Islamic account: AvaTrade, Axi, Pepperstone.