Forex Broker Awards 2026

Methodology: Selecting the Best Broker Overall requires a holistic approach to evaluating performance across critical areas that traders value most. Our team begins by assessing global regulatory oversight, ensuring the broker operates under Tier 1 licenses from authorities like ASIC, FCA, and CFTC. We then examine platform functionality, including access to tools like MT4, MT5, and TradingView, to cater to a variety of trading strategies.

In addition, we evaluate execution speeds, customer support quality, and the broker’s ability to deliver low trading costs through competitive spreads and commissions. Client feedback and real-world trading data are also considered to ensure our results reflect actual trader experiences. The brokers in this category must demonstrate consistent excellence across these metrics, providing a reliable, user-friendly, and secure trading environment for all levels of experience.

Methodology: Selecting the Best MetaTrader 4 (MT4) broker involved comparing each brokers offerings of the worlds most popular trading platform. Execution speed, competitive spreads, platform reliability, Expert Advisors, and integration with additional add-ons were considered.

We also reviewed market accessibility, account flexibility, and regulatory compliance to ensure a secure and efficient trading environment. This award highlights brokers that offer an exceptional MetaTrader 4 experience, balancing affordability, performance, and support for both beginner and advanced traders.

Methodology: The Best MetaTrader 5 (MT5) Broker award recognises those that excel in delivering a superior MT5 trading experience. We assessed key metrics, including trading costs, execution speeds, platform reliability, and the range of available instruments.

Additionally, we evaluated how well brokers integrate advanced MT5 features like Depth of Market (DOM), algorithmic trading, and multi-asset support. Regulatory compliance and customer support were also considered to ensure a safe and accessible trading environment for users at all levels.

Methodology: This award evaluates platforms on functionality, ease of use, and broker compatibility. Our team tested platforms across key metrics like charting tools, customisation options, automation features, and execution speed. We prioritised platforms that support seamless integration with brokers and cater to a variety of trading styles.

Methodology: The Best Trading App award recognises the mobile platforms that deliver exceptional functionality, ease of use, and reliability for forex and CFD traders.

We tested a range of trading apps across Android and iOS devices, assessing their execution speeds, charting tools, user interfaces, and real-time data availability. The award winner excelled in offering a seamless trading experience, backed by ASIC regulation, robust features, and consistent performance in variable network conditions.

Methodology: The Best Risk Management Tools award identifies brokers that provide the best features to help traders minimise losses and manage their capital effectively.

Our team assessed brokers across key criteria, including access to tools like guaranteed stop-loss orders, negative balance protection, margin close-out levels, and risk calculators. Brokers were also evaluated for educational resources that enhance traders’ understanding of risk.

The winner, City Index, stands out for its comprehensive range of risk tools, making it an excellent choice for cautious and strategic traders.

Methodology: The Best cTrader Broker Award highlights platforms offering superior trading experiences on cTrader. Our team evaluated brokers on key factors such as platform usability, execution speed, low spreads, and access to advanced tools like Level II pricing and automated trading capabilities.

We focused on brokers that provide robust support for cTrader’s powerful features, including advanced charting tools, custom indicators, and seamless trade execution. This category is designed to help traders find brokers that maximise the unique strengths of cTrader.

Methodology: Our team evaluated brokers offering TradingView integration to determine which delivers the best overall experience. We assessed factors like seamless platform connectivity, access to TradingView’s advanced charting features, and execution reliability.

Key criteria included pricing (spreads and commissions), market coverage, and whether brokers offer enhanced TradingView features, such as TradingView Pro, as part of their service. We also looked at platform usability, customer support, and additional tools available for analysis and trade execution.

The winning broker excels in providing smooth integration, competitive costs, and a trading environment that fully utilises TradingView’s capabilities for both technical analysis and execution.

Methodology: The best raw account spreads award focuses on identifying brokers that consistently deliver tight spreads with low commission fees. We tested live accounts to evaluate spreads on major forex pairs, such as EUR/USD, GBP/USD, and AUD/USD, and factored in commission costs to determine overall trading expenses.

Additionally, we assessed execution speeds to minimise slippage and platform reliability to ensure a seamless trading experience. The winning broker needed to balance competitive pricing, platform performance, and regulatory compliance to provide traders with a cost-efficient environment for both scalping and long-term strategies.

Methodology: The Best Standard Account Spreads award recognises brokers offering the tightest average spreads without charging commissions. Our team conducted rigorous testing across 15 brokers using MetaTrader 4, focusing on six major currency pairs.

By analysing spread consistency, cost stability, and overall pricing transparency, we identified brokers that deliver the most cost-effective trading conditions for standard accounts. These brokers excel in maintaining low spread costs, enabling traders to minimise expenses while avoiding commission fees, making them ideal for both beginners and experienced traders.

Methodology: The Lowest Commission in Australia award highlights brokers offering the most cost-effective trading conditions for Australian traders. Our team evaluated brokers regulated by ASIC, focusing on RAW accounts with fixed commissions and spreads starting as low as 0.0 pips.

We analysed commission rates for AUD-based accounts to determine the true trading costs, with DNA Markets and Fusion Markets tied for the lowest commission at $2.25 per lot. This award recognises brokers that provide transparent and affordable options for high-frequency and cost-conscious traders.

Methodology: The Lowest Commission in Europe award identifies brokers that offer exceptional value for EUR-based traders. Our analysis compared commission rates and spreads for RAW accounts among brokers regulated in the EU, with a focus on CySEC-approved options.

Tickmill is the winner, closely followed by GO Markets with €2.00 per lot commission fees, delivering the lowest overall trading costs. This category celebrates brokers committed to providing competitive pricing and transparency for European traders.

Methodology:

Methodology: The best brokers for gold trading were based on 4 main criteria. The first criterion is the cost or spreads for trading gold; the lower the spread, the higher the score we gave broker.

The second criteria range of gold products available, most brokers limit gold to USD only but a few brokers also offer gold vs other fiats like EUR, GBP and AUD and even BTC.

The third criteria is the range of metals available. While Gold is a category in itself, brokers that offer related metals like Silver, Palladium, Platinum and Copper score more as it indicates the broker is more serious about this market. We also factored in whether other commodities such as energies and soft commodities like agricultural products, are available.

The last criteria considered are the platforms available for Trading Gold. MT4, MT5 and TradingView tend to be the most popular.

Methodology:  The best brokers for silver trading were assessed using four key criteria.

The first criteria is the cost of trading silver, including spreads and any applicable commissions. Brokers offering tighter spreads on silver markets scored higher, particularly those with consistently low average spreads rather than headline minimums.

The second criteria is the range of silver products available. While many brokers only offer Silver against USD (XAG/USD), higher scores were given to brokers that also offer silver priced against other currencies such as EUR, GBP, or AUD, or provide multiple silver contract types (spot, mini, or futures-style CFDs).

The third criteria is the broader metals and commodities offering. Brokers that support silver alongside other precious and industrial metals such as gold, platinum, palladium, and copper ranked higher, as this indicates stronger depth in commodities trading. We also considered access to related commodity markets such as energies and agricultural products.

The final criteria is the trading platforms available for silver trading. Brokers offering MetaTrader 4, MetaTrader 5, and TradingView scored highest, as these platforms provide advanced charting, execution, and risk management tools suitable for metals trading.

Methodology: The best brokers for oil trading were evaluated based on four primary criteria.

The first criteria is the cost of trading oil, including spreads, commissions, and overnight financing. Brokers offering competitive spreads on key oil benchmarks such as WTI and Brent crude received higher scores, particularly where pricing remained stable during volatile market conditions.

The second criteria is the range of oil products available. Brokers scored higher if they offered access to multiple oil benchmarks, including WTI, Brent, and regional crude contracts, as well as different contract types such as spot oil, cash CFDs, and futures-style CFDs.

The third criteria is the overall commodities offering. Brokers that provide oil trading alongside other energy products such as natural gas, heating oil, and gasoline, as well as metals and soft commodities, scored higher as this reflects a more comprehensive commodities trading environment.

The final criteria considered is the trading platforms available for oil trading. MetaTrader 4, MetaTrader 5, and TradingView were prioritised due to their strong support for commodities charting, order execution, and technical analysis.

Methodology: The best brokers for futures trading were ranked using four main criteria.

The first criterion is the cost of trading futures, including commissions, spreads, and exchange-related fees. Brokers offering transparent pricing structures and low per-contract or CFD-based costs scored higher, particularly for active traders.

The second criterion is the range of futures markets available. Brokers received higher scores if they offered access to futures across multiple asset classes, including indices, commodities, energies, metals, and agricultural products, rather than focusing on a single market type.

The third criterion is the quality of futures trading conditions. This includes execution speed, contract specifications, leverage options, and the availability of risk management tools such as stop-loss orders and margin controls.

The final criterion is the trading platforms supported for futures trading. Brokers offering advanced platforms such as MetaTrader 5, proprietary futures platforms, or

TradingView scored higher, as these platforms are better suited to futures trading than MT4.

Methodology: The best brokers for stock trading were based on 4 main criteria.

The first criteria is the cost or spreads for trading stocks; the lower the spread, the higher the score we gave broker. Some brokers have a commission in addition to the spread while other brokers are spread only, so these considerations are factored in.

The second criteria range of stock products to choose from. Some brokers limit stock products to the NYSE and NASDAQ exchanges in the US only and sometimes only offer the most popular stocks from that market. Brokers that got higher scores offer stocks from exchanges across the globe like ASX (Australia), LSE (London) and EuroNext (Europe).

The third criteria are related products to stocks. Many stock traders also like to trade indices and ETFs, which involve the trading of stocks.

The last criteria considered are the platforms available for Trading stocks. MT5, cTrader TradingView tend to be the most popular, MT4 generally isn’t a good choice for stocks trading.

Methodology: This award highlights brokers with broad market coverage, spanning forex pairs, shares, cryptocurrencies, commodities, indices, ETFs, and bonds.

Our assessment focused on the range of tradable instruments, leverage options, and suitability for diverse trading strategies. Brokers outperforming their peers in offering access to multiple markets while also supporting both CFD and stock trading were given extra points.

Methodology: This award recognises the top forex broker based on trading costs, platform performance, and market accessibility. Our team evaluated 40 brokers, focusing on spreads, execution speeds, and regulatory oversight. The winning broker excelled in offering low trading fees, diverse currency pairs, and advanced tools, making it an ideal choice for forex traders of all levels.

Methodology: Our best broker for cryptocurrency trading award evaluates brokers based on their crypto CFD offerings, focusing on token variety, competitive spreads, platform integration, and leverage options. We also assessed account features like minimum deposits, execution reliability, and risk management tools to identify the top broker for crypto traders.

Methodology: Our tested a range of brokers that offer stock trading serviecs to find the best broker for share trading. We focused on those offering direct access to global exchanges, competitive commission structures, and advanced research tools. This award highlights brokers that cater to both casual and active share traders with tools designed to optimise performance.

Methodology: This award recognises brokers offering top-tier conditions for share CFD trading. Our analysis included trading costs, platform features, execution speeds, and the range of share CFDs available.

The winner stands out for providing a broad selection of share CFDs, competitive spreads, low commissions, and advanced tools like real-time data and customisable charts. With efficient execution and strong risk management options, this broker is well-suited for share CFD traders.

Methodology: This award recognises the top broker for index trading, chosen for its low spreads, fast execution speeds, and access to a broad range of global indices. Our evaluation focused on brokers offering indices across key exchanges like the S&P 500, FTSE 100, and DAX, alongside platform performance and cost efficiency, ensuring the best options for index traders.

Methodology: This award recognises the broker offering the best trading experience for commodities. Our team reviewed spreads, trading fees, platform functionality, and available CFDs, such as gold, oil, and natural gas. The winning broker stood out with its combination of competitive pricing, fast execution speeds, and a wide selection of tradable commodities.

Methodology: The Best Broker for ETFs award highlights brokers that excel in ETF trading by providing low fees, a wide range of ETF options, and intuitive platforms. Our analysis considered trading costs, platform usability, and ETF availability. The winner offers exceptional access to global ETFs, advanced charting tools, and seamless execution, making them the top choice for ETF traders.

Methodology: The Most Trusted Broker award evaluates regulatory oversight, broker reputation, and transparency. We prioritise brokers regulated by Tier 1 authorities like the Australian Securities and Investment Commission (ASIC), the Financial Conduct Authority (FCA), and Cyprus Securities and Exchange Commission (CySEC), ensuring strict compliance with client protection standards. Additional factors include years in operation as a brokerage, user feedback and TrustPilot scores, and a clean regulatory record, reflecting the broker’s reliability and credibility.

Methodology: The best brokers for beginners were evaluated using four main criteria.

The first criteria is ease of use and platform simplicity. Brokers scored higher if their trading platforms easy for beginners to use. This include ability to easily place trades, manage positions, and monitor risk without unnecessary complexity.

The second consideration is educational resources and learning tools. We assessed the quality and depth of beginner-focused education, including trading guides, video tutorials, webinars, demo accounts, and market explainers. Brokers offering structured learning paths and risk-free practice environments scored higher.

The third weighting is costs and accessibility. Brokers with low minimum deposit requirements, competitive spreads and transparent pricing structures ranked higher, as these features reduce barriers to entry for new traders.

The final criterion is risk management tools and customer support. Brokers that offer strong risk management features such as guaranteed stop-loss orders, negative balance 4protection, and clear margin controls scored higher, as these tools help beginners manage downside risk. We also considered the availability and responsiveness of customer support, which is critical for new traders.

Methodology:The #1 Best CFD Broker award highlights brokers offering extensive CFD markets, competitive costs, and reliable platforms. Our evaluation considered trading costs like spreads and commissions, regulatory compliance, and platform usability. A key focus was on the range of CFDs available, including forex, shares, indices, commodities, and cryptocurrencies, ensuring the top brokers provide traders with diverse opportunities across multiple asset classes.

Methodology: We evaluated brokers offering copy trading platforms, focusing on tools that empower traders to replicate experienced traders strategies with ease. The selection process prioritised platforms with user-friendly interfaces, a wide range of signal providers, and features like verified track records and risk management tools. We also considered trading costs, execution speeds, and platform reliability to identify the best brokers for this award.

eToro, the category winner, is known globally for providing the most innovative copy trading tools as well as solid risk management tools to support both beginner and experienced traders.

Methodology: The Best Broker for Scalping award recognises brokers that cater to the specific needs of high-frequency traders. Our team tested execution speeds, spreads, and platform functionality across multiple brokers.

The winner demonstrated ultra-tight spreads, low latency, and advanced tools, creating the optimal environment for scalping strategies. By providing fast order execution and access to robust trading platforms like MT4, MT5, and cTrader, the winning broker ensures traders can maximise opportunities from small price movements.

Methodology: Our team recognises the importance of quality education for traders at all experience levels. To determine the winner for the best education award, we evaluated brokers on their beginner-friendly resources, intermediate and advanced training, and delivery channels like webinars, eBooks, blogs, and video tutorials.

Brokers offering market research, in-house analyst insights, and a comprehensive glossary earned higher scores. This award highlights brokers with top-tier learning materials designed to empower traders to make informed decisions.

Methodology: The Best Broker for Weekend Trading award highlights the brokers that enable seamless trading opportunities outside regular market hours. Our team tested brokers offering weekend trading on forex, indices, and cryptocurrencies, evaluating execution speeds, platform reliability, and the availability of key markets.

The winner demonstrated superior access to weekend markets, minimal downtime, and competitive spreads, ensuring a reliable trading experience for those seeking to capitalise on opportunities seven days a week.