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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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IC Markets✕XM✕
At a glance:Highest rated: XMBest customer rating: IC Markets (4.0)Lowest minimum deposit: XM ($5)Tightest EUR/USD spread: IC Markets (0.1 pips)Highest leverage: XM (1:1000)Most stocks: IC Markets (1,600)
Overall verdict
4.6 / 5
Best4.8 / 5
Highlights
  • Specialized trading accounts
  • Tight Spreads
  • Low commissions
  • Specialized trading accounts
  • Free VPS hosting
  • 24/7 instant money withdrawal
Safety & regulation
4.2 / 5
Best5 / 5
Licences
ASIC, CySEC
FSC, CySEC, FSCA, FSA, DFSA
Top-tier licences
ASIC, CySEC
CySEC, FSCA, DFSA
Investor protection
Yes
Yes
Max insured
€20,000
$0
Headquarters
Australia
Cyprus
Available in your country
Fees
4.5 / 5
Best4.8 / 5
US stock fee
$0.02 per share
$1 per trade
EUR/USD spread
0.1 pipsBest
0.6 pips
US stock index options
S&P 500, NASDAQ 100, US30, Russell 2000, DJT, DJU
S&P 500, NASDAQ, DJIA
S&P 500 CFD spread
0.2 pips
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
$200
$5Best
Deposit methods
WebMoney, Qiwi, BPAY, Neteller, Debit Card, Wire Transfer, Credit Cards +2
Visa, MasterCard, WebMoney, Qiwi, Skrill, Maestro, Neteller +6
Account currencies
USD, EUR, JPY, GBP, AUD, CHF, CAD, NZD +2
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
Crypto, Neteller, Skrill
Skrill, Neteller, WebMoney, Perfect Money
Accounts
Max leverage
1:500
1:1000Best
Execution
NDD, ECN
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
61Best
55
Stocks
1,600Best
1,337
Indices
23Best
20
Commodities
8
21Best
Cryptocurrencies
18
30Best
ETFs
10
—
Platforms
MetaTrader 4
Yes
Yes
MetaTrader 5
Yes
Yes
Own platform
No
No
Tools & features
Expert advisors (EAs)
Yes
Yes
VPS hosting
No
Yes
API access
Yes
No
Guaranteed stop loss
No
Yes
Trading signals
No
Yes
What traders say
Customer rating
4.0 / 518 reviewsBest
3.7 / 535 reviews
Praised for
Spreads and fees, platform and execution, customer support
Withdrawals, platform and execution, customer support
Criticised for
Bonuses and promotions, deposits
Account opening and verification
Offers
Current offer
Customer support
Best4.7 / 5
4.6 / 5
Live Chat
Yes
Yes
Support Languages
13
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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