Top Forex Brokers

Below are the best forex brokers in 2021 across the nine CFD trading category.

  • Pepperstone Pepperstone – Best Forex Trading Experience
  • Markets.com Markets.com - Top Trading Tools + Platforms
  • avatrade logo AvaTrade - Great Fixed Spread Broker
  • IC Markets IC Markets – Lowest Trading Spreads
  • City Index UK City Index – Best Cryptocurrency Broker
  • Plus500 Plus500 – Best Trading Account For Beginners
  • eToro eToro – Good Copy And Social Trading Platform
  • FXCM FXCM – Low Deposit + Best Trading Demo Account
  • IG IG Group – Largest Foreign Exchange Retail Broker
  • Interactive Brokers Logo

Pepperstone
Markets.com
AvaTrade
IG
Plus500
Our Rating
9.17
8.17
8.33
6.67
5.83
78.2% of retail investor accounts lose money when trading spread bets and CFDs with this provider
77% of retail investor accounts lose money when trading CFDs with this provider.
79% of retail investor accounts lose money when trading CFDs with this provider
76% of retail investor accounts lose money when
trading spread bets and CFDs with this provider
80.5% of retail CFD accounts lose money

Regulations and Licenses

Feature
Pepperstone
Markets.com
AvaTrade
IG
Plus500
ASIC (Australia)
FCA (UK)
Central Bank of Ireland
MAS (Singapore)
NFA or CFTC (USA)
CYSEC (Cypus)

Brokerage

Feature
Pepperstone
Markets.com
AvaTrade
IG
Plus500
EUR/USD Avg. Raw Spread
0.09
0.17
GBP/USD Avg. Raw Spread
0.38
0.6
AUD/USD Avg. Raw Spread
0.17
0.3
EUR/USD Standard Spread
0.69
0.6
1.30 Retail
0.90 Professional
0.86
0.8
Commissions (USD Base)
AUD/USD$3.50
Commission Rebates
Minimum Deposit
AUD/USD $200
$250
USD $100
$450
100

Markets and Instruments

Feature
Pepperstone
Markets.com
AvaTrade
IG
Plus500
Currency Pairs
66+
120
55+
80+
60+
Cryptocurrency CFDs
12
7
15+
5+
10+
Index CFDs
14+
58
33+
34+
67+
Commodities CFD
4+
36
30+
38+
17+
Stockbroking
Retail Max. Leverage
30:1 (FCA/ASIC/BaFIN)
50:1 (DFSA)
200:1 (Other)
30:1
30:1 (UK/Europe/Australia)
400:1 (South Africa)
30:1 (UK/Europe/Australia)
50:1 (US)
50:1 (Dubai)
30:1 (FCA/ASIC)
20:1 (MAS)
Professional Leverage
500:1
300:1
400:1
200:1
300:1

Trading Platforms + Tools

Feature
Pepperstone
Markets.com
AvaTrade
IG
Plus500
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
Unique Feature 2
Fast Execution Speed
Share Dealing
Fixed Spreads
Range of platforms
Guaranteed stop-loss

Overall