Most Trusted Forex Brokers

These brokers have strong reputations and can be trusted as they are multi-regulated across the world:

  • Pepperstone UK Pepperstone - Best Multi-Regulated Forex Broker Overall
  • IC Markets IC Markets - Top Choice of Trusted Trading Platforms
  • Markets.com Markets.com - Displays Execution Stats for Transparency
  • fusion markets Fusion Markets - Offers the Lowest Commissions Fees
  • IG IG - One of the Largest Forex Brokers
  • FP Markets FP Markets - Transparent Pricing with Low Spreads and Fees
  • eToro eToro - Most Trusted Social Trading Platform with a Large Community
  • XTB XTB - Award-Winning CFD Broker and Product Range







Pepperstone
IC Markets
Markets.com
FP Markets
etoro
Our Rating
9.17
6.83
8.17
8
7.17
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 IC Markets (EU) Ltd
77% of retail investor accounts lose money when trading CFDs with this provider.
FP Markets don't provide % of clients who lose money
67% of retail investor accounts lose money when trading CFDs with this provider.

Regulations and Licenses

Feature
Pepperstone
IC Markets
Markets.com
FP Markets
etoro
ASIC (Australia)
FCA (UK)
MAS (Singapore)
NFA or CFTC (USA)
FSCA (South Africa)
Pending
FINMA (Switzerland)
CYSEC (Cypus)
IIROC (Canada)
FMA (New Zealand)
Dubai (DFSA)

Brokerage

Feature
Pepperstone
IC Markets
Markets.com
FP Markets
etoro
EUR/USD Avg. Raw Spread
0.09
0.1
0.01
GBP/USD Avg. Raw Spread
0.38
0.4
0.2
AUD/USD Avg. Raw Spread
0.17
0.2
0.2
EUR/USD Standard Spread
0.69
1.1
0.6
1.2
EUR/USD Fixed Spreads
Commissions (USD Base)
AUD/USD$3.50
$3.50
SGD 4.50
USD $3.00
Commission Rebates
Minimum Deposit
AUD/USD $200
USD $200
$250
$100
USD$200
Swap Free Account
No Inactivity Fees
Funding Methods
16
15
6
8
6
No Funding Fees

Markets and Instruments

Feature
Pepperstone
IC Markets
Markets.com
FP Markets
etoro
Currency Pairs
66+
65+
120
61+
47+
Cryptocurrency CFDs
12
10+
7
5+
98+
Index CFDs
14+
16+
58
14+
13+
Share CFDs
300+
100+
3312
12,986+
2000+
Commodities CFD
4+
19+
36
4+
12+
Stockbroking
2000+
Retail Max. Leverage
30:1 (FCA/ASIC/BaFIN)
50:1 (DFSA)
200:1 (Other)
30:1 (Cysec/ASIC)
500:1 (International)
30:1
30:1 ASIC
30:1 Europe
500:1 International
30:1 (UK/Europe/Australia)
Professional Leverage
500:1
500:1
300:1
500:1
400:1

Trading Platforms + Tools

Feature
Pepperstone
IC Markets
Markets.com
FP Markets
etoro
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Guaranteed Neg Protection
(Aust/Europe only)
(Aust/Europe only)
(Aust/Europe only)
ESMA regulated territories only
Demo Account
Unique Feature 1
Smart Trader Tools
ECN pricing
Unique Trading Tools
Fastest Limit Order Execution Speed
CopyTrader functionality
for automated trading
Unique Feature 2
Fast Execution Speed
No funding fees
Share Dealing
Low spreads
Social trading
CFD Platform

Overall