Pepperstone
Excellent
- 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)
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.
MetaTrader 4 remains the most popular forex trading platform thanks to its stability, Expert Advisor (EA) support, and massive community of indicators. Every broker below is compared on the MT4 terminal for execution, published spreads, and EA compatibility. All featured brokers are tier-1 regulated.
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.
Excellent
73.6–80% of retail accounts lose money (varies by Pepperstone entity)
Excellent
73.46% of retail CFD accounts lose money.
Great
74–77% of retail accounts lose money (varies by XTB entity)
Good
76.6% of retail CFD accounts lose money.
Good
73–74% of retail accounts lose money (varies by Admirals entity)
Great
69% of retail CFD accounts lose money.
Our latest reviews and guides for this category.
RegulationsWhich MT4 and MT5 brokers can take US residents? A foreign licence is not enough — the CFTC requires FCM or RFED registration. Plus the no-hedging rule.
EducationSpread-only vs raw spread plus commission: how forex brokers charge, how to turn both into one cost per lot, and the break-even point for each.
EducationMetaTrader 4 or 5: which should you use? Most brokers still offer MT4 alongside MT5 (11 of the 15 on our file). The comparison that actually matters.
StrategyScalping needs tight spreads, no-dealing-desk execution and terms that allow high-frequency trading. How the main raw-spread brokers compare on all three.
These brokers are regulated. Open a live or demo account to experience their platforms firsthand.
Affiliate disclaimer: We may receive a commission at no extra cost to you. Full disclosure
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.
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. AiFortexBroker is an independent comparison site operated by NorwegianSpark SA (Org. 834 984 172). For regulatory complaints contact the relevant national authority in your country.