Best Forex Brokers 2026: We Tested 330 Brokers – Here Are Our Top 15

FP Markets is a strong option for traders who prefer managing positions on a powerful mobile app. Founded in 2005, the broker has a broad global presence and is regulated across multiple jurisdictions. Its mobile platform supports 70+ forex pairs, plus hundreds of CFDs on shares, commodities, indices, and cryptocurrencies.

Key Features:

• Regulators: ASIC, CySEC, FSCA, CMA Kenya, FCS Mauritius, FSA Seychelles
• EUR/USD spread: 1.1 pips
• Platforms: MT4, MT5, cTrader, TradingView, and FP Markets app
• Leverage: Up to 1:2000
• Perks: Autochartist, Trading Central

The FP Markets mobile app covers the basics and then some. You can manage your account and get access to hundreds of forex, global share CFDs, indices, commodities, and crypto, plus practical tools like stop-losses, charting, and full funding controls. It’s a capable, all-in-one trading app for managing positions on the go.

From FP Markets’ desktop and web platforms, you can access an impressive range of 10,000 CFDs, which is way above the industry average across most categories, particularly forex and commodities, though most share CFDs are accessed through the Iress platform.

FP Markets also delivers above-average research. Its Traders Hub offers clear, text-driven fundamental and technical analysis from in-house analysts, plus third-party insights from Autochartist and Trading Central. Coverage spans forex, indices, and crypto, with an economic calendar and actionable trade ideas that genuinely help inform decisions.

FxPro is a leading CFD broker regulated by multiple authorities globally, including the FCA UK and CySEC. It offers 2,100+ tradable instruments covering forex, stocks, indices, commodities, and cryptos. All clients benefit from order execution in under 12 milliseconds, which is substantially faster than the industry average and helps give day traders and scalpers an edge.

Key Features:

• Regulators: CySEC, FCA, FSA Seychelles, SCB Bahamas
• EUR/USD spread: 1.2 pips
• Leverage: Up to 1:10,000
• Platforms: FxPro Trading Platform, FxPro Mobile App, MetaTrader 4, MetaTrader 5, and cTrader
• Perks: LiveSquawk, Trading Central

FxPro offers a versatile platform lineup that caters to traders at different experience levels. Beginners and casual investors can start with the clean, intuitive FxPro Trading platform and mobile app, while more advanced traders have access to MetaTrader 4, MetaTrader 5, and cTrader for deeper charting, automation, and algorithmic strategies.

In my live tests, Standard account spreads landed squarely around the industry average. Where this broker shines is at the top end: Raw+ and Elite accounts deliver meaningfully lower trading costs, which makes a real difference for active, high-volume, and short-term traders who are sensitive to spreads and commissions.

Another of FxPro’s strengths is its research offering. Traders have access to in-house analysis alongside an FxPro Squawk, powered by LiveSquawk News, which delivers real-time alerts on breaking news, economic data releases, and market-moving stories. There is also a full package of Trading Central signals and tools.

If you want a broker-built platform with serious depth, Swissquote is worth a close look. Founded in 1996, the globally regulated broker offers its proprietary CFXD platform, known for powerful charting and tools. With access to more than three million investment products, it’s best suited to experienced traders who prioritize advanced tools and flexibility.

Key Features:

• Regulators: FINMA, FCA, DFSA, SFC, MFSA, MAS, CSSF, CySEC, FSCA, DFSA
• EUR/USD spread: 1.8 pips
• Platforms: CFXD platform, Swissquote App, MT4, MT5, TradingView
• Leverage: Up to 1:100
• Perks: Autochartist, live webinars

CFXD is built for traders who like control without clutter. The platform is powered by TradingView, offering advanced charts, 80+ technical indicators, and flexible layouts. Integrated Autochartist scans markets for trade ideas, while advanced order types like OCO and IF-DONE add precision. I liked the deep customization, making it easy to tailor the workspace to your trading style.

Swissquote offers a strikingly broad range of tradable assets. Traders can access 400+ forex and CFD instruments across currencies, commodities, shares, indices, cryptocurrencies, and bonds. Beyond CFDs, Swissquote also provides millions of real stocks, ETFs, options, and other investment securities, making it a solid option for building a diversified portfolio.

The education offering is thoughtfully structured and genuinely useful. Content is clearly layered for beginner, intermediate, and advanced traders, with videos, ebooks, and regular webinars covering technical and fundamental analysis, risk management, trading psychology, and even value investing. It’s a well-rounded learning library that goes beyond the basics without feeling bloated.

For traders who prioritize research-driven trading, Tickmill is a solid, well-rounded option. Founded in 2014, it pairs strong regulatory oversight with a deep research lineup, including Signal Centre, Acuity signals, and market-sentiment dashboards. It’s a practical, data-driven toolkit designed to support smarter, more confident trading decisions.

Key Features:

• Regulators: FCA, CySEC, FSCA, FSA
• EUR/USD spread: 1.6 pips
• Platforms: Tickmill Trader, MT4, MT5, TradingView, Tickmill app
• Leverage: Up to 1:500
• Perks: Acuity Signals, Market sentiment
  

Tickmill combines solid research, education, and platform choice into a well-rounded trading experience. Its research suite includes an economic calendar, detailed fundamental and technical analysis, market insights, AI-driven signals, and weekly video breakdowns that add context to major market moves, helping traders assess risk and spot opportunities more effectively.

Education is another strong point. Traders have access to articles, ebooks, videos, webinars, and the Bright Minds podcast, which breaks down practical trading topics in an approachable format. The material covers everything from core fundamentals to intermediate strategies, making it useful for both beginners and developing traders.

On the platform side, Tickmill offers flexibility. You can trade through the streamlined Tickmill Trader on web and mobile, or choose familiar platforms like MetaTrader 4, MetaTrader 5, and TradingView. Extras such as MetaTrader add-ons and VPS hosting further support active and automated trading styles.

ActivTrades is a long-established broker that emphasizes asset depth, safety, and platform flexibility. Founded in 2001, it offers access to more than 1,100 global share CFDs, enhanced client fund protection of up to £1M, and low commissions. Trading platforms include MT4, MT5, TradingView, and the proprietary ActivTrader.

Key Features:

• Regulators: FCA, CMVM, BCB, SCB, FSC
• EUR/USD spread: 0.7 pips
• Platforms: MT4, MT5, TradingView, ActivTrader
• Leverage: Up to 1:400
• Perks: Trading Central, private insurance
  

ActivTrades stands out for share traders, offering access to more than 1,000 US and European share CFDs with consistently tight spreads in my live testing. Fractional share trading adds flexibility to position sizing, while dividend adjustments on long positions make the offering more appealing for longer-term CFD traders.

The broker also delivers a strong platform choice. Traders can use the clean, web-based ActivTrader or opt for familiar platforms like TradingView, MT4, and MT5, alongside a capable mobile app. ActivTrader impresses with its intuitive layout, TradingView-powered charts, one-click trading, and advanced risk tools, including a progressive trailing stop.

Support is another strength. ActivTrades provides dependable 24/5 customer service via live chat, WhatsApp, phone, and email, with a callback option available. In my testing, responses were fast and agents were knowledgeable, making it easy to resolve issues without unnecessary back-and-forth.

IronFX is a solid option for traders who value choice and flexibility. Founded in 2010 and globally regulated, the broker offers four account types designed to suit different trading styles. With access to 500+ instruments on the reliable MetaTrader 4 platform, it provides a well-rounded and dependable trading setup.

Key Features:

• Regulators: FCA, CySEC, FSC, FSCA
• EUR/USD spread: 1.0 pip with zero commission.
• Platforms: MT4
• Leverage: Up to 1:2000
• Perks: Trading Central, PMAM accounts

My analysis shows that IronFX is a flexible choice for traders who value variety and accessibility. With no minimum deposit, it offers fixed and floating spreads, commission-free and raw-spread pricing, and swap-free Islamic accounts. Professional traders and money managers can also use the PMAM platform to manage multiple client accounts.

Beyond account options, IronFX delivers a well-rounded research experience by blending in-house analysis with Trading Central tools. Traders benefit from daily market breakdowns, short video updates, actionable trade ideas, sentiment indicators, and a streamlined economic calendar, all supported by a regularly updated blog that explains key market moves clearly.

Education is another area that impressed me. IronFX provides a structured learning ecosystem that scales from beginner to advanced, with step-by-step tutorials, multilingual webinars, video courses, and a long-running podcast. The content goes beyond basics to cover strategy, risk management, and trading psychology, making it a genuinely useful learning hub.

XM is a solid pick for swing traders because it keeps holding costs low and offers a superb range of supporting tools. The Ultra Low account offers swap-free trading on selected majors, saving money on positions held for days. The 1,400+ instrument lineup gives traders the flexibility to rotate between trends.

• Regulators: CySEC, DFSA, FSCA, FSA, FS
• EUR/USD spread: 2.0 pips
• Platforms: XM Web Platform, XM Mobile App, MetaTrader 4, and MetaTrader 5
• Leverage: Up to 1:1000
• Perks: Reuters news, Trading Central

The XM Standard Account has wider spreads, but the Ultra Low account offers tighter pricing and swap-free trading on many popular instruments, which helps reduce holding costs for active and swing traders. Deposits and withdrawals are free, keeping non-trading fees to a minimum.

In my experience, XM stands out for usability and range. The clean web platform and polished mobile app make everyday trading simple, while MetaTrader 4 and MetaTrader 5 are fully supported for traders who want deeper charting, automation, and professional-grade tools.

Market access is broad, covering forex, commodities, indices, shares, and cryptocurrencies across both spot and futures CFDs. Research and education are also strong, with daily in-house analysis, Trading Central insights, and a live Reuters news feed. These are complemented by multilingual webinars and structured video courses that support both new and experienced traders.

US-based traders looking for a well-established forex broker should consider tastyfx. Launched in 2019 by IG, the platform draws on decades of industry experience and provides powerful trading software.

Key Features:

• Regulators: CFTC, NFA
• EUR/USD spread: 2 pips
• Trading platforms: MT4,  tastyfx Web Platform, ProRealTime, TradingView
• Leverage: Up to 1:50
• Perks: Rebates, custom indicators

tastyfx keeps things focused by specializing exclusively in forex, and it delivers. U.S. traders get access to 86 spot currency pairs spanning majors, minors, and a wide mix of regional and emerging-market crosses. If you want one streamlined platform with broad FX coverage, tastyfx fits the bill.

Costs are another highlight. In hands-on testing, spreads on major pairs ranked among the tightest I measured, while swap fees landed better than the industry average. High-volume traders can further reduce costs through rebate programs.

The platform lineup rounds out the offering nicely. tastyfx’s web and mobile platforms impressed me with their clean design, fast execution, and built-in sentiment data. More advanced traders can also use MT4, MT5, TradingView, or ProRealTime for deeper charting and automation.

Plus500 has expanded into the U.S. with a futures trading offering built around its streamlined WebTrader platform. US clients can trade futures across forex, indices, commodities, bonds, and cryptocurrencies, making it a straightforward option for traders who want broad futures market access in a single, modern interface.

Key Features:

• Regulators: CFTC, NFA
• EuroFX spread: 0.5 pip + commission
• Platforms: Plus500 WebTrader and Plus500 mobile app
• Leverage: Up to 1:50
• Perks: Market Insights, Futures Trading Academy

Plus500 US makes it simple for new traders to get started in futures trading with a low minimum deposit and its intuitive platform. WebTrader has a range of popular features, including watchlists, trading from the chart, and access to live chat support from within the platform. The design and UX are outstanding, really putting it in a class of its own. I especially liked how easy it is to flip between demo and live trading.

My hands-on tests showed that Plus500 US offers highly competitive trading commissions and minimal account-related fees. In addition to low costs, trading futures via Plus500 US has several important advantages: access to high leverage, ease of going short, and the ability to day trade with a relatively small account balance.

Traders can further benefit from excellent educational materials on the futures market, available in both text and video formats via the Futures Trading Academy. Easy-to-digest materials help new traders orient themselves in the world of futures trading.