Below is the Forex brokers directory for 2026. For more information, select a category or broker from the list.
- Foundation Year
- 2006
- Minimum Deposit
- $100
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister2
XM★4.7/5
Minimum Deposit$5- Foundation Year
- 2009
- Minimum Deposit
- $5
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2005
- Minimum Deposit
- $100
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2007
- Minimum Deposit
- $200
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 1997
- Minimum Deposit
- $100
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2006
- Minimum Deposit
- $1
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2013
- Minimum Deposit
- $50
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2010
- Minimum Deposit
- $1
81.7% of retail investors lose money when trading CFDs with this broker
RegisterRegister- Foundation Year
- 2015
- Minimum Deposit
- $100
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2001
- Minimum Deposit
- $25
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2009
- Minimum Deposit
- $50
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2014
- Minimum Deposit
- $100
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2007
- Minimum Deposit
- $100
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2009
- Minimum Deposit
- $10
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister15
FxPro★4.4/5
Minimum Deposit$100- Foundation Year
- 2006
- Minimum Deposit
- $100
76% of retail investors lose money when trading CFDs with this broker
RegisterRegister- Foundation Year
- 2015
- Minimum Deposit
- $20
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 1989
- Minimum Deposit
- $1
69% of retail investors lose money when trading CFDs with this broker
RegisterRegister- Foundation Year
- 2016
- Minimum Deposit
- $100
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2016
- Minimum Deposit
- $50
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2021
- Minimum Deposit
- $1
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2018
- Minimum Deposit
- $10
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2020
- Minimum Deposit
- $50
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2008
- Minimum Deposit
- $100
80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
RegisterRegister24
Exness★4.3/5
Minimum Deposit$10- Foundation Year
- 2008
- Minimum Deposit
- $10
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister25
FBS★4.3/5
Minimum Deposit$5- Foundation Year
- 2008
- Minimum Deposit
- $5
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2010
- Minimum Deposit
- $1
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister27
Deriv★4.3/5
Minimum Deposit$1- Foundation Year
- 2020
- Minimum Deposit
- $1
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2001
- Minimum Deposit
- $1
81% of retail investors lose money when trading CFDs with this broker
RegisterRegister- Foundation Year
- 2006
- Minimum Deposit
- $1
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2001
- Minimum Deposit
- $1
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister31
FXCM★4.3/5
Minimum Deposit$50- Foundation Year
- 1999
- Minimum Deposit
- $50
67-72% of retail investors lose money when trading CFDs with this broker
RegisterRegister32
OANDA★4.3/5
Minimum Deposit$1- Foundation Year
- 2001
- Minimum Deposit
- $1
71-76.6% of retail investors lose money when trading CFDs with this broker
RegisterRegister33
FXOpen★4.3/5
Minimum Deposit$1- Foundation Year
- 2005
- Minimum Deposit
- $1
58-60% of retail investors lose money when trading CFDs with this broker
RegisterRegister- Foundation Year
- 2004
- Minimum Deposit
- $1
72% of retail investors lose money when trading CFDs with this broker
RegisterRegister35
XTB★4.2/5
Minimum Deposit$1- Foundation Year
- 2002
- Minimum Deposit
- $1
69-80% of retail investors lose money when trading CFDs with this broker
RegisterRegister- Foundation Year
- 2016
- Minimum Deposit
- $10
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister37
HYCM★4.2/5
Minimum Deposit$100- Foundation Year
- 1977
- Minimum Deposit
- $100
71-74% of retail investors lose money when trading CFDs with this broker
RegisterRegister38
xChief★4.2/5
Minimum Deposit$1- Foundation Year
- 2014
- Minimum Deposit
- $1
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2007
- Minimum Deposit
- $1
71.99% of retail investors lose money when trading CFDs with this broker
RegisterRegister- Foundation Year
- 2010
- Minimum Deposit
- $1,000
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2004
- Minimum Deposit
- $25
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2001
- Minimum Deposit
- $100
68-81% of retail investors lose money when trading CFDs with this broker
RegisterRegister43
IG★4.1/5
Minimum Deposit$1- Foundation Year
- 1974
- Minimum Deposit
- $1
68-72% of retail investors lose money when trading CFDs with this broker
RegisterRegister- Foundation Year
- 2005
- Minimum Deposit
- $10
80% of retail investors lose money when trading CFDs with this broker
RegisterRegister- Foundation Year
- 1998
- Minimum Deposit
- $1
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister46
LBX★4.1/5
Minimum Deposit$20- Foundation Year
- 2025
- Minimum Deposit
- $20
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2018
- Minimum Deposit
- $50
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister48
FXTM★4.1/5
Minimum Deposit$10- Foundation Year
- 2011
- Minimum Deposit
- $10
75% of retail investors lose money when trading CFDs with this broker
RegisterRegister- Foundation Year
- 2012
- Minimum Deposit
- $1
67.86% of retail investors lose money when trading CFDs with this broker
RegisterRegister- Foundation Year
- 2018
- Minimum Deposit
- $50
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2024
- Minimum Deposit
- $50
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2006
- Minimum Deposit
- $10
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2010
- Minimum Deposit
- $1
67.99-69.82% of retail investors lose money when trading CFDs with this broker
RegisterRegister54
Axi★4.0/5
Minimum Deposit$1- Foundation Year
- 2007
- Minimum Deposit
- $1
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2007
- Minimum Deposit
- $1
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2015
- Minimum Deposit
- $100
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister57
Alpari★3.9/5
Minimum Deposit$30- Foundation Year
- 1998
- Minimum Deposit
- $30
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2015
- Minimum Deposit
- $100
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2012
- Minimum Deposit
- $10
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2019
- Minimum Deposit
- $100
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister61
eToro★3.8/5
Minimum Deposit$200- Foundation Year
- 2006
- Minimum Deposit
- $200
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2011
- Minimum Deposit
- $100
71.03% of retail investors lose money when trading CFDs with this broker
RegisterRegister- Foundation Year
- 2007
- Minimum Deposit
- $1
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2000
- Minimum Deposit
- $1
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister65
Orbex★3.6/5
Minimum Deposit$100- Foundation Year
- 2010
- Minimum Deposit
- $100
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister66
NordFX★3.5/5
Minimum Deposit$10- Foundation Year
- 2008
- Minimum Deposit
- $10
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2024
- Minimum Deposit
- $10
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister68
XTrade★3.3/5
Minimum Deposit$250- Foundation Year
- 2003
- Minimum Deposit
- $250
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2011
- Minimum Deposit
- $1
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegister- Foundation Year
- 2012
- Minimum Deposit
- $10
Trading CFDs carries high risks. You may lose all invested funds
RegisterRegisterHow the Forex brokers directory is compiled
To compile an independent Forex broker list, the website IamForexTrader utilizes a comprehensive system - a methodology for evaluating brokers. Our research considered several factors: the broker's trading platform, customer service, reviews, fees and commissions, spreads, leverage, regulation, account types, and deposit/withdrawal methods.
We start by examining the broker's reliability and reputation. Then, we evaluate the trading platform, customer support service, commissions, spreads, the range of trading instruments, leverage, and the types of accounts the broker offers. Next, we study the rules and methods of depositing/withdrawing funds. We also verify how the broker executes withdrawals.
After considering all these factors, we use our evaluation algorithm to assign an overall score to the broker. The algorithm considers factors such as customer reviews of Forex brokers, reliability and security, the range of services offered, ease of use, and overall reputation. We then combine this rating with the assessments of our users to arrive at the final broker score.
We believe that our full list of Forex brokers provides a fair and accurate representation of all brokers in the market. Primarily, this Forex broker ranking is aimed at helping beginner traders make informed decisions when choosing a broker for their trading needs.
What Are Forex Brokers?
Forex brokers are licensed financial intermediaries that connect retail traders to the interbank currency market. They provide access to a trading platform, real-time quotes, and liquidity, accept and execute your orders, and settle positions on a T+0 basis.
Key Functions of a Forex Broker
- Trading platform & quotes — MetaTrader 4/5, cTrader, or proprietary web terminals with live prices.
- Order execution — routing orders to the external market (ECN/STP model) or internal dealing (Market Maker).
- Leverage — up to 1:30 within the EU and as high as 1:1000 outside the EU, allowing larger positions but increasing risk.
- Infrastructure & support — VPS servers, market analysis, economic calendars, calculators, and APIs for algo-trading.
- Custodial service — client funds kept in segregated accounts with daily position reporting.
How to Choose a Reliable Forex Broker: Checklist
Copy these criteria or take our online Forex broker checklist — an interactive tool that builds a personal report in two minutes and shows where a broker falls short.
Criterion | What to Check | Why It Matters |
|---|
Regulation | Licence number and regulator (CySEC, ASIC, FCA, DFSA, etc.) | Fund protection and compensation schemes |
Reputation & Track Record | Year founded, industry reviews, trader feedback | Lowers operational and legal risk |
Trading Conditions | Spreads/commissions, execution model, speed & slippage | Direct impact on net returns |
Leverage | Maximum available and how it scales with risk profile | Balance between profit potential and loss risk |
Platforms & Tools | MT4/MT5, mobile apps, copy-trading, analytics | Convenience and advanced features |
Funding & Withdrawal Methods | Cards, bank transfers, e-wallets, cryptocurrencies | Speed and cost of transactions |
Customer Support | 24/5 or 24/7, languages, local phone/chat | Fast resolution of technical and financial issues |
Tip: Open a demo account and make a small deposit first to verify platform stability and withdrawal speed.
FAQ
What is the most reliable Forex broker?
The most reliable Forex broker is one that is regulated by reputable financial authorities such as the FCA (Financial Conduct Authority) in the UK, ASIC (Australian Securities and Investments Commission) in Australia, or CySEC (Cyprus Securities and Exchange Commission) in Cyprus. Examples of such brokers include IC Markets, Oanda, and FXCM. A reliable broker should also have transparent trading conditions, positive client reviews, and a long history of operation in the market.
Where is the best place to trade Forex?
The best place to trade Forex is on platforms provided by regulated brokers that offer favorable trading conditions, a wide range of instruments, and quality customer support. Popular platforms include MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader. Recommended brokers for trading include Admirals, CMC Markets, and FBS, which offer competitive spreads and high liquidity.
Which broker is the best?
The best broker for you depends on your individual needs and preferences. If you are a beginner, look for a broker with good educational support and simple trading conditions, such as eToro or IG. For experienced traders, brokers with advanced trading platforms and low spreads, such as IC Markets or Pepperstone, are suitable. It is also important to consider the broker’s licenses and regulation, as well as reviews from other traders.
What is the commission on Forex?
The commission on Forex can vary depending on the broker and the type of account. The main types of commissions include spreads (the difference between the buying and selling price), trading fees, and swaps (the fee for carrying a position overnight). For example, STP and ECN brokers may have low spreads but charge commissions for each trade. Before starting to trade, it is recommended to study the commission structure of the specific broker.
What is the difference between an exchange and a broker?
An exchange is a centralized marketplace where buyers and sellers can trade financial instruments such as stocks, futures, and options. Exchanges ensure transparency and regulation of trading operations. A broker is an intermediary that provides access to trading platforms and executes client orders on various markets, including exchanges and the interbank Forex market. Unlike exchanges, Forex brokers can offer over-the-counter (OTC) trading.