OTC Forex Brokers


Pepperstone
IC Markets
FP Markets
ThinkMarkets
Our Rating
9.33
8.50
8.17
7.67
Smart Trader Tools
No Dealing Desk
Fastest Limit Order Execution Speed
STP Order Execution

Regulations and Licenses

Feature
Pepperstone
IC Markets
FP Markets
ThinkMarkets
ASIC (Australia)
FCA (UK)
MAS (Singapore)
FINMA (Switzerland)
CYSEC (Cyprus)
DFSA (Dubai)
FSA (Seychelles)
SCB (Bahamas)

Brokerage

Feature
Pepperstone
IC Markets
FP Markets
ThinkMarkets
EUR/USD Avg. Raw Spread
0.17
0.02
0.20
0.1
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
-
EUR/USD Fixed Spreads
-
-
Commissions (USD Base)
$3.50
$3.50
$3.00
$3.50
Minimum Deposit
$0
$0
$100
$0
Swap Free Account
No Inactivity Fees
Funding Methods
16+
15+
10+
6+
No Funding Fees

Markets and Instruments

Feature
Pepperstone
IC Markets
FP Markets
ThinkMarkets
Currency Pairs
62+
61+
63+
46+
Cryptocurrency CFDs*
12+
18+
4+
21+
Index CFDs
14+
16+
14+
21+
Share CFDs
300+
100+
12,986+
1200+
Commodities CFD
9+
26+
7+
15+
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
Pro. Max Leverage (Australia)
500:1
500:1
500:1
500:1
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
Pro. Max. Leverage (The United Kingdom)
500:1
-
500:1
500:1
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
Pro. Max. Leverage (Europe)
500:1
500:1
500:1
500:1
Retail Max. Leverage (UAE)
Major Pairs 30:1
Minor Pairs 20:1
-
-
-
Pro. Max. Leverage (UAE)
500:1
-
-
-
Pro. Max. Leverage (South Africa)
-
-
500:1
Retail Max. Leverage (With offshore regulators)
200:1
500:1
500:1
500:1

*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
ThinkMarkets
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
ThinkMarkets
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 > 7.67 FCA, FSCA
ASIC,FINMA
0.1 - - 140ms $0 46+ 21+ 30:1 500:1