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Best Forex Brokers in 2026 ranked by fees, spreads, platforms, and safety. Compare top picks fast and choose a broker that fits your style.
We tested hundreds of platforms and narrowed them down to the best forex brokers for active traders. These providers stand out for:
We reviewed 232 forex providers as of December 2026. These are our top picks for trading forex:
Here’s what helped each broker earn a spot in our latest tests:
Below is a quick comparison of what matters most for trading forex.
| Broker | Number of Currency Pairs | EUR/USD Spread | Currency Indices | Forex App Rating | Minimum Deposit | Regulators |
|---|---|---|---|---|---|---|
| Eightcap | 50+ | 0.0 | USD | 3.6 / 5 | $100 | ASIC, FCA, CySEC, SCB |
| Ingot Brokers | 30+ | From 0 pip | – | – | $10 | ASIC, FSCA, JSC, FSA, CMA |
| Vantage | 55+ | 0.0 | USD | 4 / 5 | $50 | FCA, ASIC, FSCA, VFSC |
| PrimeXBT | 45+ | 0.1 | – | 3 / 5 | $0 | – |
| FXCC | 70+ | 0.2 | – | 3.4 / 5 | $0 | CySEC |
| XTB | 70+ | 1.0 | – | 4.8 / 5 | $0 | FCA, CySEC, KNF, DFSA, FSC |
These features matter if you want tighter control of risk and account safeguards.
| Broker | Trust Rating | Guaranteed Stop Loss | Negative Balance Protection | Segregated Accounts |
|---|---|---|---|---|
| Eightcap | 4.3 | ✘ | ✔ | ✔ |
| Ingot Brokers | 4.8 | ✘ | ✔ | ✔ |
| Vantage | 4.6 | ✘ | ✔ | ✔ |
| PrimeXBT | 3 | ✘ | ✔ | ✔ |
| FXCC | 3.6 | ✘ | ✔ | ✔ |
| XTB | 4.6 | ✔ | ✔ | ✔ |
If you’re new to forex, start with a broker that offers a demo account, low minimums, and helpful learning tools.
| Broker | Demo Account | Minimum Deposit | Minimum Trade | Education Rating | Support Rating |
|---|---|---|---|---|---|
| Eightcap | ✔ | $100 | 0.01 Lots | 3.5 | 4 |
| Ingot Brokers | ✔ | $10 | 0.01 Lots | 3.8 | 4 |
| Vantage | ✔ | $50 | 0.01 Lots | 4 | 4.4 |
| PrimeXBT | ✔ | $0 | 0.01 Lots | 3.5 | 3.5 |
| FXCC | ✔ | $0 | 0.01 Lots | 4.5 | 4.8 |
| XTB | ✔ | $0 | 0.01 Lots | 3.8 | 4.3 |
If you trade often, tools like automation, VPS support, and low-latency execution can matter.
| Broker | Automated Trading | VPS | AI | Pro Account | Leverage | Low Latency | Extended Hours |
|---|---|---|---|---|---|---|---|
| Eightcap | Expert Advisors (EAs) on MetaTrader | ✔ | ✘ | ✘ | 1:30 | ✔ | ✘ |
| Ingot Brokers | Expert Advisors (EAs) on MetaTrader | ✘ | ✘ | ✘ | 1:500 | ✘ | ✘ |
| Vantage | Myfxbook AutoTrade, Expert Advisors (EAs) on MetaTrader | ✔ | ✘ | ✘ | 1:500 | ✘ | ✘ |
| PrimeXBT | ✔ | ✘ | ✘ | ✘ | 1:1000 | ✔ | ✘ |
| FXCC | Expert Advisors (EAs) on MetaTrader | ✔ | ✘ | ✘ | 1:500 | ✔ | ✘ |
| XTB | – | ✘ | ✘ | ✔ | 1:30 (EU) 1:500 (Global) | ✔ | ✘ |
These scores reflect our hands-on testing across key categories.
| Broker | Trust | Platforms | Assets | Mobile | Fees | Accounts | Research | Education | Support |
|---|---|---|---|---|---|---|---|---|---|
| Eightcap | 4.3 | 4.3 | 3.6 | 4.6 | 3.8 | 4 | 3.5 | 3.5 | 4 |
| Ingot Brokers | 4.8 | 3.8 | 4.2 | 4.7 | 3.9 | 4.2 | 3.3 | 3.8 | 4 |
| Vantage | 4.6 | 4.3 | 4.5 | 3.8 | 4.4 | 4.5 | 4 | 4 | 4.4 |
| PrimeXBT | 3 | 3.8 | 4.1 | 4.2 | 4 | 3.3 | 3.5 | 3.5 | 3.5 |
| FXCC | 3.6 | 3.8 | 3.5 | 4.6 | 4.8 | 3.8 | 2.5 | 4.5 | 4.8 |
| XTB | 4.6 | 4 | 4 | 4.4 | 4.3 | 4 | 4.1 | 3.8 | 4.3 |
If you trade often, spreads and extra fees can make a real difference over time.
| Broker | Cost Rating | Fixed Spreads | Inactivity Fee | GBP/USD Spread | EUR/USD Spread | GBP/EUR Spread |
|---|---|---|---|---|---|---|
| Eightcap | 3.8 | ✘ | $0 | 0.1 | 0.0 | 0.1 |
| Ingot Brokers | 3.9 | ✘ | $0 | From 0 pip | From 0 pip | From 0 pip |
| Vantage | 4.4 | ✘ | $0 | 0.5 | 0.0 | 0.5 |
| PrimeXBT | 4 | ✘ | $0 | Variable | 0.1 | Variable |
| FXCC | 4.8 | ✘ | $5 | 1.0 | 0.2 | 0.5 |
| XTB | 4.3 | ✘ | €10 per 365 days | 1.4 | 1.0 | 1.4 |
Some traders like brokers with larger client bases.
| Broker | Popularity |
|---|---|
| Vantage | 5,000,000 |
| PrimeXBT | 1,000,000 |
| XTB | 1,000,000 |
| Eightcap | 80,000 |
Eightcap ticks a lot of boxes for active traders. It offers solid pricing, several platform choices, and extra market tools.
Ingot Brokers keeps things simple. It suits traders who want MT5 access and few limits on strategy types.
Vantage is a strong CFD broker with familiar platforms and an easy account setup.
PrimeXBT combines forex with crypto and other markets on a web-based platform, with copy trading for hands-off traders.
FXCC focuses on tight spreads and flexible short-term trading rules, with a large list of FX pairs.
XTB is a popular pick for newer traders thanks to xStation, low entry costs, and built-in education.
Best Forex Brokers
We looked for brokers that perform well in the areas that matter most to forex Forex traders.
A broad list of FX pairs gives you more setups and helps spread risk across markets.
More experienced traders often want access to volatile exotics (like EUR/MXN or GBP/ZAR) since price swings can create more short-term chances.
Most brokers on this list offer 50+ pairs. CMC Markets stands out with 330+ currency pairs, plus forex indices.
Frequent trading makes costs add up, so pricing was a major part of the review.
We checked spreads on key pairs, including EUR/USD, GBP/USD, and EUR/GBP, plus average spreads.
To keep it consistent, we recorded spreads during the busiest sessions, including the London and US overlap, plus the Sydney and Tokyo overlap. We then compared them to typical market averages.
We also included commissions and non-trading fees, such as deposit and withdrawal costs and inactivity fees.
Most of our top brokers keep EUR/USD pricing under 1 pip, with low or no extra fees. IC Markets is often the lowest-cost broker overall, based on long-term spread tracking.
Forex traders rely on charts and indicators, so we prioritized brokers with strong platforms and clean layouts.
Mobile trading also matters. Reports like this one from Astute Analytica show mobile use keeps growing. In our experience, not every forex app matches the desktop version. Some charts feel cramped, and a few do not work well in landscape mode.
Two platforms still dominate forex trading:
Many brokers offer MetaTrader, and some also provide extra platforms. In testing, FOREX.com stood out for its strong web platform.
We put a lot of weight on regulation because it helps protect traders from forex scams.
The US Commodity Futures Trading Commission (CFTC) has warned of a “sharp rise in forex trading scams in recent years”.
A well-regulated broker also tends to offer core protections like negative balance protection, limits on leverage, and restrictions on forex bonuses.
You can confirm a broker’s regulation in two steps:
Many of the brokers listed hold multiple licenses and score well Regulation & Trust Rating. IG is often a leader here due to its wide regulatory coverage and strong account protections.
forex trading needs clean execution. We looked for brokers with fast and steady fills, ideally under 100 milliseconds, and with no requotes.
Forex can move quickly, often more than stocks. When prices jump, slow execution can cause slippage and missed entries.
Brokers with strong execution quality can help you get closer to your intended price, especially if you trade with leverage. In our testing, Pepperstone stood out for speed, with results around 30 ms.
Forex trading forex means buying and selling currency pairs within the same day to profit from short-term price moves. Common examples include EUR/USD and GBP/USD.
You’ll need a trading account with an online broker and enough funds to place trades.
Many well-known forex brokers accept new clients with deposits up to $250. Some brokers have no minimum deposit, which can help if you’re starting small. Our top-rated option in that group is Pepperstone.
You’ll also need a clear strategy and a practical plan for risk management, so losses stay within what you can afford.
MetaTrader 4 (MT4) remains the most widely used forex platform. It’s available on desktop, web, and mobile, and has been downloaded over 10 million times across major app stores.
