Broker comparison hub

Compare Forex Brokers

Compare Forex brokers by terms, commissions, platforms and trader reviews. Find the best broker for your trading style at IamForexTrader.com.

  • Broker profiles aligned for side-by-side comparison
  • 69 brokers available for comparison
  • Trading costs, platforms and accounts compared
Updated

Compare key parameters of Forex brokers: commissions, trading conditions, platforms, licenses and much more - and make an informed decision in choosing your broker.

AvaTrade
FP Markets
Plus500
BrokerAvaTradeFP MarketsPlus500
Rating
4.7/5
4.7/5
4.3/5
Foundation Year200620052008
Regulated in CountriesIreland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, CanadaAustralia, Cyprus, South Africa, Saint Vincent and the Grenadines, SeychellesCyprus, United Kingdom, Australia, Seychelles, Estonia, Singapore, United States
Regulators
Minimum Deposit
  • 100 CHF
  • 100 EUR
  • 100 GBP
  • 100 USD
  • 100 AUD
  • 100 CAD
  • 100 CHF
  • 100 EUR
  • 100 GBP
  • 100 HKD
  • 100 NZD
  • 100 SGD
  • 100 USD
  • 1700 ZAR
  • 100 AUD
  • 100 CAD
  • 100 CHF
  • 100 EUR
  • 100 GBP
  • 1000 NOK
  • 1000 SEK
  • 100 SGD
  • 100 USD
Trading Accounts
  • CFD
  • Standard
  • Raw
  • Plus500
Spreadfrom 0.6 pointsfrom 0 pointsfrom 0.6 points
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader
  • AvaTradeGO
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • TradingView
  • WebTrader
ReviewAvaTrade ReviewFP Markets ReviewPlus500 Review
Broker Comparison
Register
RegisterTrading CFDs carries high risks. You may lose all invested funds
RegisterTrading CFDs carries high risks. You may lose all invested funds
Register80% 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.

How we compare Forex brokers

At IamForexTrader.com we compare Forex brokers online using a unique methodology that allows us to evaluate each broker objectively and as accurately as possible. In our detailed broker comparison we take into account trading conditions including available currency pairs, leverage, minimum deposit and account types. Special attention is paid to the size and types of spreads, the transparency and size of commissions, and the speed of order execution.

We thoroughly analyze the platforms and tools that brokers provide to traders: popularity, convenience and functionality of trading terminals (MetaTrader 4/5, cTrader and other platforms), availability of mobile applications and automated trading capabilities.

Separately, we consider the reliability and regulation of Forex brokers: we check the presence of licenses of reputable regulators such as FCA, CySEC, ASIC and others, assess the safety of clients' funds, the company's reputation and transparency of the broker's activities.

In addition, the final assessment of brokers is influenced by the real experience of traders. We study customer reviews and comments to understand the level of user satisfaction and identify the strengths and weaknesses of each company.

Our list of all Forex brokers is regularly updated and supplemented with new companies, so you can always be sure that the information provided is up-to-date. Use our objective and independent online comparison to choose a reliable and suitable Forex broker for successful trading on the currency market.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.