Best Forex Brokers
Updated July 2026
Our pick of the best forex brokers, ranked by FinPip score — an independent rating based on regulation, trading costs, platforms and overall trust. Compare each broker at a glance in the table below, then read the full review or head straight to the broker to open an account.
| # | Broker | FinPip score | Regulated by | Min. deposit | EUR/USD spread | Platforms | Open account |
|---|---|---|---|---|---|---|---|
| 1 |  IG | 4.7/5 | Any | from 0.6 pips | IG Web Platform, IG Mobile App, MetaTrader 4 +4 | Visit brokerRead review | |
| 2 |  IC Markets | 4.5/5 | $200 | from 0.1 pips | MetaTrader 4, MetaTrader 5, cTrader +1 | Visit brokerRead review | |
| 3 |  Pepperstone | 4.5/5 | Any | from 0.1 pips | MetaTrader 4, MetaTrader 5, cTrader +1 | Visit brokerRead review | |
| 4 |  XM | 4.0/5 | $5 | from 0.6 pips | MetaTrader 4, MetaTrader 5 | Visit brokerRead review |
How we rank forex brokers
The FinPip score weighs regulation and client-fund protection most heavily, followed by trading costs (spreads and commissions), platform quality, deposit requirements and the broker’s overall track record. We only list brokers we have reviewed in depth. Trading forex and CFDs carries a high risk of losing money — a high score is not a recommendation to trade.
Some links to brokers may be partner links. This never affects a broker’s FinPip score or its position in this table.