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Compare forex brokers

Pick up to six brokers and see their fees, safety, accounts and platforms side by side. Every figure comes from our reviews, and the best value in each row is marked.

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FP Markets✕XM✕
At a glance:Highest rated: XMBest customer rating: FP Markets (4.0)Lowest minimum deposit: XM ($5)Tightest EUR/USD spread: XM (0.6 pips)Most stocks: XM (1,337)
Overall verdict
4.5 / 5
Best4.8 / 5
Highlights
  • Free VPS hosting
  • Specialized trading accounts
  • Specialized trading accounts
  • Free VPS hosting
  • 24/7 instant money withdrawal
Safety & regulation
4.8 / 5
Best5 / 5
Licences
ASIC, FIU, FSA
FSC, CySEC, FSCA, FSA, DFSA
Top-tier licences
ASIC
CySEC, FSCA, DFSA
Investor protection
Yes
Yes
Max insured
EUR 20,000
$0
Headquarters
Australia
Cyprus
Available in your country
Fees
4.5 / 5
Best4.8 / 5
US stock fee
$15 per trade
$1 per trade
EUR/USD spread
1.2 pips
0.6 pipsBest
US stock index options
S&P 500, NASDAQ, US30
S&P 500, NASDAQ, DJIA
S&P 500 CFD spread
0.5 pointsBest
0.7 points
Withdrawal fee
$0
$0
Deposit fee
$0
$0
Inactivity fee
$0Best
$5
Deposit & withdrawal
4.6 / 5
Best4.8 / 5
Minimum deposit
$50
$5Best
Deposit methods
Visa, MasterCard, Credit Cards, Debit Card, Prepaid MasterCard, Wire Transfer, Neteller +1
Visa, MasterCard, WebMoney, Qiwi, Skrill, Maestro, Neteller +6
Account currencies
USD, EUR, JPY, GBP, AUD, CHF, CAD, MXN +9
USD, EUR, JPY, GBP, AUD, CHF, RUB, PLN
Credit/debit for deposit
Yes
Yes
Credit/debit for withdrawal
Yes
Yes
PayPal for deposit
Yes
No
Wise for deposit
No
No
Revolut for deposit
No
No
Other electronic wallets
Neteller, Skrill, Sticpay
Skrill, Neteller, WebMoney, Perfect Money
Accounts
Max leverage
1:500 (1:30 for EU clients)
1:1000
Execution
DMA
MM
ECN / raw spread account
Yes
No
Cent or micro account
No
Yes
Swap-free (Islamic) account
Yes
Yes
Demo account
No time limit
Time-limited
Hedging allowed
Yes
Yes
Scalping allowed
Yes
Yes
Markets
Forex pairs
—
55
Stocks
15
1,337Best
Indices
10
20Best
Commodities
—
21
Cryptocurrencies
70Best
30
Platforms
MetaTrader 4
Yes
Yes
MetaTrader 5
Yes
Yes
cTrader
Yes
No
Own platform
No
No
Tools & features
Expert advisors (EAs)
Yes
Yes
VPS hosting
Yes
Yes
Guaranteed stop loss
Yes
Yes
Trading signals
Yes
Yes
What traders say
Customer rating
4.0 / 514 reviewsBest
3.7 / 535 reviews
Praised for
Platform and execution, spreads and fees, customer support
Withdrawals, platform and execution, customer support
Criticised for
Account opening and verification
Account opening and verification
Offers
Current offer
Customer support
4.5 / 5
Best4.6 / 5
Live Chat
Yes
Yes
Support Languages
11
28Best

About this comparison

Compare up to six forex brokers side by side: fees, minimum deposits, leverage, platforms, regulation and customer support. Every figure comes from our own broker reviews, and each review shows when it was last updated.

How to read the table

Scores out of 5

Each section's score sums up that part of our review. The overall verdict is the broker's score in its full review.

Best

Marks the strongest value in a row among the brokers you selected, where the figures can be compared directly.

A dash

The broker doesn't publish that figure, or we haven't verified it yet. Rows where none of your brokers has a figure are left out.

Frequently asked questions

How many brokers can I compare at once?

Up to six. Add brokers with the search box above the table, or with “Add to compare list” on any broker card.

Where does the data come from?

From our reviews of each broker, which we update when brokers change their conditions. The date of the last update is on each review.

Which broker is the cheapest?

It depends on what you trade and how often. Compare the EUR/USD spread and the commission together, and check the non-trading fees (withdrawal and inactivity) in the table.

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