Best Forex Platform Providers

The 2022 best platform providers for forex trading are.

  • Pepperstone Pepperstone - Best Forex Trading Platform Provider Overall
  • eightcap logo Eightcap - Top Forex Platform Provider For Cryptocurrency
  • AvaTrade AvaTrade - Best Provider For Fixed Spread Forex Trading
  • IC Markets IC Markets - Great Forex Platform For Intermediate CFD Traders
  • FP Markets FP Markets - Good ECN Style Low Brokerage Forex Platform
  • Plus500 Plus 500 - Top Mobile Friendly Forex Platform Provider
  • IG IG - Top Good Forex Provider For Beginner Forex Traders
  • eToro eToro - Best Forex Platform Provider For Copy Trading
  • think markets logo Think Markets - Good MetaTrader 4 Forex Platform Provider

Pepperstone
IC Markets
FP Markets
Plus500
EasyMarkets
Our Rating
9.33
8.50
8.17
5.83
7.33
Smart Trader Tools
No Dealing Desk
Fastest Limit Order Execution Speed
Trade cannabis index
Risk management leader
DealCancellation
Freeze Rate

Regulations and Licenses

Feature
Pepperstone
IC Markets
FP Markets
Plus500
EasyMarkets
ASIC (Australia)
FCA (UK)
MAS (Singapore)
CYSEC (Cyprus)
FMA (New Zealand)
DFSA (Dubai)
BaFin (Germany)

Brokerage

Feature
Pepperstone
IC Markets
FP Markets
Plus500
EasyMarkets
EUR/USD Avg. Raw Spread
0.17
0.02
0.20
-
-
GBP/USD Avg. Raw Spread
0.59
0.23
0.70
-
-
AUD/USD Avg. Raw Spread
0.24
0.17
0.40
-
-
EUR/USD Standard Spread
0.77
0.62
1.30
0.80
-
EUR/USD Fixed Spreads
-
-
0.70
Commissions (USD Base)
$3.50
$3.50
$3.00
-
-
Minimum Deposit
$0
$0
$100
$100
$200 (Standard)
$3,000 (Premium)
$10,000 (VIP)
Swap Free Account
No Inactivity Fees
Funding Methods
16+
15+
10+
3+
16+
No Funding Fees

Markets and Instruments

Feature
Pepperstone
IC Markets
FP Markets
Plus500
EasyMarkets
Currency Pairs
62+
61+
63+
71+
62+
Cryptocurrency CFDs*
12+
18+
4+
15+
17+
Index CFDs
14+
16+
14+
67+
14+
Share CFDs
300+
100+
12,986+
1816+
26+
Commodities CFD
9+
26+
7+
22+
31+
Stockbroking
-
-
-
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max Leverage (Australia)
500:1
500:1
500:1
300:1
200:1
Retail Max. Leverage (The United Kingdom)
Major Pairs 30:1
Minor Pairs 20:1
-
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (The United Kingdom)
500:1
-
500:1
300:1
400:1
Retail Max. Leverage (Europe)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (Europe)
500:1
500:1
500:1
300:1
400:1
Retail Max. Leverage (UAE)
Major Pairs 30:1
Minor Pairs 20:1
-
-
-
-
Pro. Max. Leverage (UAE)
500:1
-
-
-
-
Retail Max. Leverage (Singapore)
-
-
Major Pairs 20:1
-
Retail Max. Leverage (With offshore regulators)
200:1
500:1
500:1
300:1
400:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
Pepperstone
IC Markets
FP Markets
Plus500
EasyMarkets
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

Pepperstone
IC Markets
FP Markets
Plus500
EasyMarkets
Broker Official Site Our Rating Regulation EUR/USD Spread GBP/USD Spread AUD/USD Spread MetaTrader 4 MetaTrader 5 cTrader Execution Speed Minimum Deposit Currency Pairs Crypto CFDs Retail Leverage Prof. Leverage
Visit Broker > 9.33 SCG, ASIC
FCA, CySEC
0.17 0.59 0.24 85ms $0 62+ 12+ 30:1 500:1
Visit Broker > 8.50 ASIC, FSA
CySEC
0.02 0.23 0.17 130ms $0 61+ 18+ 30:1 500:1
Visit Broker > 8.17 ASIC, CySEC 0.20 0.70 0.40 95ms $100 63+ 4+ 30:1 500:1
Visit Broker > 5.83 ASIC, CySEC
FCA, FMA
- - - 140ms $100 71+ 15+ 30:1 300:1
Visit Broker > 7.33 AISC, CySEC
FSA
- - - 190ms $200 (Standard)
$3,000 (Premium)
$10,000 (VIP)
62+ 17+ 30:1 500:1