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Editorial only. Trading CFDs is high-risk — most retail accounts lose money. We are not a broker and not a financial adviser. Capital at risk. Verify regulation and terms directly with each broker before opening an account.

Forex Broker Comparison 2026

Compare regulated forex brokers side by side — spreads, leverage, platforms, regulation and withdrawal terms — so you can shortlist the right account quickly. Every broker on this page holds at least one tier-1 licence (FCA, ASIC, or equivalent), and we do not accept payment for placement; our methodology is transparent and data-driven. For the full write-up of how each broker performed and why it ranks where it does, read our in-depth 2026 broker analysis below.

Last updated: April 2026 · By Thomas Lovas Lokoy — researched and drafted with AI assistance from published sources; edited and published by NorwegianSpark SA

Editorial only — we are not a broker and not a financial adviser. CFDs are complex instruments. Capital at risk. Verify regulation and terms directly with each broker.

Top Brokers

PE

Pepperstone

Excellent

FCAASICCySECBaFin
  • EUR/USD spread: from 0.0 pips
  • Min deposit: $10
  • Platforms: MT4, MT5, cTrader

73.6–80% of retail accounts lose money (varies by Pepperstone entity)

IC

IC Markets

Excellent

ASICCySECFSA
  • EUR/USD spread: from 0.0 pips
  • Min deposit: $200
  • Platforms: MT4, MT5, cTrader

73.46% of retail CFD accounts lose money.

IG

IG Group

Excellent

FCAASICBaFinFINMA
  • EUR/USD spread: 0.8 pips
  • Min deposit: $250
  • Platforms: IG Platform, MT4, ProRealTime

70% of retail CFD accounts lose money.

XT

XTB

Great

FCAKNFCySECIFSC
  • EUR/USD spread: 0.8 pips
  • Min deposit: None
  • Platforms: xStation 5, MT4

74–77% of retail accounts lose money (varies by XTB entity)

OA

OANDA

Good

FCANFA/CFTCASICMAS
  • EUR/USD spread: 1.1 pips
  • Min deposit: None
  • Platforms: fxTrade, MT4, TradingView

76.6% of retail CFD accounts lose money.

AD

Admirals (Admiral Markets)

Good

FCACySECEFSAASIC
  • EUR/USD spread: 0.6 pips
  • Min deposit: $100
  • Platforms: MT4, MT5, WebTrader

73–74% of retail accounts lose money (varies by Admirals entity)

XM

XM

Average

IFSCCySEC
  • EUR/USD spread: not published
  • Min deposit: $5
  • Platforms: MT4, MT5, XM App
In depth

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Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51–89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

This content is for informational and educational purposes only and does not constitute financial advice. Past performance is not indicative of future results.

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Capital at risk. This is not financial advice.
Tax on profits may apply. Editorial only — we are not a broker and not a financial adviser.

Affiliate disclosure: We may earn a commission when you open an account through links on this site. This does not affect our rankings. Full disclosure

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