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14 Best Forex Trading Platforms for 2026

By
Jitan Solanki
Reviewed By
Ola Alder
Updated: May 27, 2026
Advertising DisclosureWe prioritize rigorous, unbiased testing through our independent review process. While our ratings are objective, we receive compensation that may influence list placement. Learn how we make money

The trading platform is your gateway into the market. You can use it to study price action behavior and to manage your trades. But what separates the truly best platforms from your average run-of-the-mill trading station?

It all boils down to what you use your platform for. A casual day trader may be satisfied with a simple charting area and readily available watchlists, while a seasoned scalper might require something extra from the platform, such as one-click trading and Depth of Market (DoM) trading.

Knowing that, we compiled this list of the forex brokers with the best and most versatile trading platforms according to the unique needs of different types of traders.

List of Top Forex Trading Platforms

Best Platforms for US Traders

Spreads from 0.8 pips in EUR/USD. Fast order execution. Feature-rich tastyfx platform. Premium services, including rebates. Industry-leading research.

Cutting-edge WebTrader platform. Wide range of futures and prediction markets. Standard, Mini, and Micro contracts. 24/7 customer support. $100 minimum deposit.

Best Platforms for International Traders

Exness Terminal, MT4, MT5. Built-in Trading Central technical analysis. Trading signals in Exness Trade App. Real-time market news from FXStreet. Free VPS.

Vantage Web Trading, Vantage App, MT4, MT5 and TradingView. Vantage Copy Trading service. Free VPS. ECN trading accounts.

5,000+ tradable instruments. Built-in news screener. Integrated market research. CFDs, knock-out options, spot and forward contracts. 150+ analytical tools.

FxPro Trading Platform, FxPro Mobile App, MT4, MT5 and cTrader. In-house news and market analysis. Trading Central research. Integrated FxPro Squawk News. 2,100+ tradable instruments.

MT4, MT5, AcitvTrader, TradingView. MT4 for Windows, Mac, web, and mobile. Ultra-fast order execution. In-house market breakdowns. Trading Central content.

Powerful CFXD platform and Swissquote App. MT4, MT5 and TradinView. Built-in Autochartist market research. Spot and forward contracts. Actionable trading signals.

Large database of educational videos, webinars, articles, and ebooks. Beginner-friendly Tickmill Trader and MT4, MT5, TradingView platforms. Free demo trading account. AI-powered Acuity trading signals.

17,000+ tradable instruments on forex, stocks, indices, commodities, cryptos, bonds, IPOs, ETFs, CFDs, and options. Trading and investing accounts. IG Web Trader, MT4, ProRealTime, L2 Dealer platforms.

Ultra-low trading fees. Raw spread accounts from 0.0 pips. MT4, MT5, cTrader, TradingView. ZuluTrade for copy trading. No minimum deposit, withdrawal, or inactivity fees.

MT4, MT5, cTrader, IRESS and TradingView platforms. Investor MAM and PAMM accounts. DMA execution and VPS hosting. Trading Central and AutoChartist research.

MT4 for desktop, web and mobile. Personal Multi Account Manager (PMAM) and TradeCopier for copy trading. Free VPS service. Trading Central market research. Margin, pip, profit calculators.

14,000+ stocks. 1:20 stocks leverage. Competitive Apple and Tesla spreads. Versatile platform with 150+ analytical tools. Free VPS hosting and FIX API integration.

How Did FXEmpire Select the Best Forex Trading Platforms?

  • Platform Usability: I personally tested each platform on this list and assessed how it handles in several key areas, including charting, order execution, and research.
  • Broker Safety: I ensured that each broker on the list is licensed and supervised by trustworthy regulators and provides decent protection for traders.
  • Competitive Fee: I took down the spreads and commissions of each broker and compared them to the industry average. Only the brokers with the lowest costs made the final cut.
  • Supporting Tools: I rated higher forex brokers that provide tools and services, such as VPS hosting and FIX APIs integrations, to boost the performance of their platforms.
  • Integrated Research: Last but not least, I awarded extra credit to platforms that feature advanced market analytics and research.

Our team of experts has identified the strengths and weaknesses of each broker using FXEmpire’s comprehensive methodology.

Best Overall

General Risk Warning: CFDs are leveraged products. Trading in CFDs carries a high level of risk thus may not be appropriate for all investors. The investment value can both increase and decrease and the investors may lose all their invested capital. Under no circumstances shall the Company have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs.
  • Min Deposit
    $10
  • Tradable Instruments
    293
  • Fees
    Low

Why We Picked It

The Exness Web Terminal was launched in 2008. Since then, it has established itself as one of the premier trading platforms, meshing together advanced charts with built-in market research. The Terminal also provides Exness clients with access to more than 300 tradable instruments, in line with the industry average.

Key Exness Terminal Features:

  • Availability: Web, mobile
  • Order Types: Market, limit, stop-loss
  • Analytical Tools: 100 built-in technical indicators, 50 drawing tools, 9 timeframes, 12 chart types
  • Other Tools: Alerts, 1-click trading, Trading Central, VPS hosting
  • Copy Trading: Yes
  • Automated Trading: Yes

The first time you fire up the Exness Terminal, you will notice how light it feels. The platform has a familiar layout, with the charting area occupying the middle section of the screen and all the supporting panels arranged around it. Speaking of the Exness Terminal’s charts, I learned that they are powered by TradingView. This means high-definition rendering and easy navigation.

The Exness Terminal is also equipped with actionable trading signals from Trading Central. The service helps you keep pace with the latest trading opportunities across a wide variety of instruments. All you have to do is choose an asset, like the EURUSD or WTI, and read up on the current setup.

On the price front, Exness keeps things smooth with its below-average spreads across currency pairs, commodities, stocks, and cryptocurrencies. The only outlier was the 7.5-basis-point spread I recorded on the German DAX index. On the plus side, the broker provides free VPS hosting to high-volume traders.

Pros and Cons

Pros
  • Feature-rich Exnes Terminal
  • Integrated market research
  • Intuitive design
  • VPS hosting
Cons
  • Not available in Europe or UK for retail clients

Best for Copy Trading

Trading derivatives carries significant risks. It is not suitable for all investors and if you are a professional client, you could lose substantially more than your initial investment. When acquiring our derivative products, you have no entitlement, right or obligation to the underlying financial assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn't take into account your personal objectives, financial circumstances, or needs. Accordingly, before acting on the advice, you should consider whether the advice is suitable for you having regard to your objectives, financial situation and needs. We encourage you to seek independent advice if necessary. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions.
  • Min Deposit
    $50
  • Tradable Instruments
    1056
  • Fees
    Low

Why We Picked It

You can access Vantage’s comprehensive copy-trading ecosystem via the Vantage Client portal. It hosts more than 90,000 signal providers. You can then use the filtering tool to sift through the available strategies and find the ones that meet your personal requirements.

Key MetaTrader 5 Features:

  • Availability: Desktop, web, mobile
  • Order Types: Market, limit, stop-loss
  • Analytical Tools: 38 built-in technical indicators, 24 drawing tools, 21 timeframes, 3 chart types
  • Other Tools: Alerts, 1-click trading, trade signals, sentiment data, VPS hosting
  • Copy Trading: Yes
  • Automated Trading: Yes

The great advantage of Vantage is that it does not charge a service fee for copy trading. Though keep in mind that if you want to copy another trader’s strategy, you may also have to pay that trader a subscription fee.

I opened a series of trades with Vantage and recorded the broker’s spreads on popular instruments during the London and New York market openings. From my hands-on testing, I learned that the broker’s trading costs generally beat the industry benchmark.

Finally, if you are a signal provider and want to list your own strategies, you can do so via Vantage’s MetaTrader 5 platform. While the platform is not known for having the best charting capabilities, it compensates for it with its high practicality. It allows traders to automate their systems and to purchase off-the-shelf EAs.

Pros and Cons

Pros
  • Superior copy trading environment
  • Low trading costs
  • More than 90,000 signal providers
  • No servicing fee for copy trading
Cons
  • Customer support could be slow during busy hours

Best Trading App

Depending on the company, 70% of retail investor accounts lose money when trading CFDs with Capital.com Group. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
  • Min Deposit
    $20
  • Tradable Instruments
    6313
  • Fees
    Medium

Why We Picked It

When I first downloaded the Capital.com App, I was immediately impressed by its smooth, easy-to-navigate design. Its chief application is as an account management tool for trading on the go. Not a bad thing to have when the market catches you off guard, or when you are away from your desktop trading station and a losing position needs trimming.

Key Capital.com App Features:

  • Availability: iOS, Android
  • Order Types: Market, limit, stop-loss
  • Analytical Tools: 107 built-in technical indicators, 65 drawing tools, 21 timeframes, 3 chart types
  • Other Tools: Alerts, 1-click trading, news screener, depth of market, Trade Smart Academy,
  • Copy Trading: No
  • Automated Trading: Yes, through the MT4 platform

I should say right off the bat that I am typically highly skeptical of trading apps because I prefer doing my trading on a wide-screen desktop, but Capital.com’s app exceeded my expectations with its TradingView-powered charts and streamlined order execution. The chart screen was more responsive than most other apps in the same category, allowing you to zoom in on and out of price action with ease.

I also found out that the Capital.com App features one-tap trading and integrates the broker’s ‘Trade Smart Academy’. Rookie traders can use it to access a wide variety of trading articles and guides provided by the broker and learn at their own pace.

The Capital.com App is also integrated with a news screener to help you keep pace with the latest market-moving headlines. Then there is the question of safety, which Capital.com takes very seriously. The app supports biometric login.

Pros and Cons

Pros
  • All-in-one trading app
  • Layered client protection
  • Weekend forex trading
  • Access to the Trade Smart Academy
  • Market research via app
Cons
  • No copy trading.

Best Research Tools

73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing money. (EU, UK)
  • Min Deposit
    $0
  • Tradable Instruments
    2090
  • Fees
    High

Why We Picked It

FxPro is a dominant force in the online trading industry, thanks in large part to its access to deep liquidity. This enables the broker to achieve fast execution, which is crucially important for scalpers. FxPro’s impressive numbers speak for themselves. The broker reports average order execution in under 8ms and a 98% positive fill rate.

Key FxPro Platform Features:

  • Availability: Web, mobile
  • Order Types: Market, limit, stop-loss
  • Analytical Tools: 100 built-in technical indicators, 40 drawing tools, 9 timeframes, 12 chart types
  • Other Tools: Alerts, 1-click trading, built-in news, account analytics
  • Copy Trading: Yes, via cTrader
  • Automated Trading: Yes, via cTrader, MT4, and MT5

I used the dynamic FxPro WebTrader to place a series of orders on popular instruments, including EURUSD, XAUUSD, WTI, and Apple stocks. and experienced no requotes. Moreover, when I reviewed the execution log, I found out that all orders were filled with no negative slippage.

The FxPro WebTrader itself delivers all the goodies a scalper might require. It features one-click trading for instantaneous entries and responsive charts for conducting comprehensive technical analysis. Standard stop-loss orders are also available for exercising tight risk management.

Last but not least, high-volume scalpers can use FxPro’s VPS hosting to reduce latency and ensure stable internet connectivity. I learned that the service is free for Elite and VIP account holders. To qualify, you must deposit at least $1,000.

Pros and Cons

Pros
  • Access to deep liquidity
  • 98% fill rate
  • Average execution in under 8ms
  • Free VPS hosting
Cons
  • No trailing stop orders in FxPro web platform

Best MT4

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82% of retail investor accounts lose money when trading CFDs with this provider.
  • Min Deposit
    $0
  • Tradable Instruments
    1108
  • Fees
    High

Why We Picked It

I like to think of MetaTrader 4 as the workhorse of the trading industry. It was the original trading platform that paved the way for later comers like cTrader and TradingView. And ActivTrades’ diverse offering builds on that MT4 standard setup to help you make the most of it.

Key MT4 Features:

  • Availability: Desktop, web, mobile
  • Order Types: Market, limit, stop-loss
  • Analytical Tools: 30 built-in technical indicators, 11 drawing tools, 9 timeframes, 3 chart types
  • Other Tools: Alerts, 1-click trading, trade from chart, pivot points indicator, Trading Central integration
  • Copy Trading: No
  • Automated Trading: Yes

First and foremost, ActivTrades has a strong lineup of tradable instruments. You can access more than 1,100 assets from key markets, such as FX, commodities, stocks, indices, bonds, and ETFs. The broker strikes a fine balance between characteristically volatile assets, such as Apple shares, and more stable, low-risk securities, such as US T-bonds.

Another perk of the broker is the integrated market research. You can add actionable trading signals from Trading Central directly on the MT4 platform, which comes in handy when you have to make snap trading decisions.

Last but not least, ActivTrades’ universal trading account adds meaningful value to traders with its $0 deposit requirement and competitive pricing. The broker leaves it to you to decide how much to get started, and you can enjoy EURUSD spreads from as low as 0.7 pips.

Pros and Cons

Pros
  • Fast trade execution
  • EURUSD spread of 0.7 pips
  • Trading Central plugin
  • 1,100+ tradable instruments
  • Pivot point indicator
Cons
  • No cryptocurrencies

Best Proprietary Software

Investing in FX & CFD carries a high degree of risk. Losses can exceed your initial investments
  • Min Deposit
    $1000
  • Tradable Instruments
    4000454
  • Fees
    High

Why We Picked It

When it comes to fast and precise order execution, Swissquote leads the way with its significant market power and global outreach. The Swiss investment bank has a market cap of around 6.3 billion Swiss Francs and access to more than 4 million trading and investing products.

Key CFXD Platform Features:

  • Availability: Web
  • Order Types: Market, limit, stop-loss
  • Analytical Tools: 86 built-in technical indicators, 64 drawing tools, 15 timeframes, 16 chart types
  • Other Tools: Alerts, 1-click trading, trade from chart, Autochartist integration, spot and forward contracts
  • Copy Trading: No
  • Automated Trading: Yes, via MT4/MT5

Thanks to its considerable market exposure, the investment giant is able to achieve some remarkable numbers. Its average order execution speed averages less than 9ms, markedly lower than the industry average of 60ms, while 58% of all trades are filled with no slippage. Even more impressively, Swissquote fills 20% of all trades with a positive improvement.

I found Swissquote a great fit for scalpers and intraday traders seeking to squeeze the maximum out of interim price fluctuations while facing little risk of negative slippage. Swissquote is also a great option for high-volume traders because it has the market power and access to liquidity to transact large orders swiftly and precisely.

Swissquote also impressed me with its custom-built CFXD platform. It stands out with its rare order types, including OCO, IF-Done, and IF-OCO, which represent complex instructions for market entries only when some predetermined conditions are met. The CFXD platform can also be integrated with Swissquote’s FIX APIs – for tapping into the interbank market – and features actionable trading signals from Autochartist.

Pros and Cons

Pros
  • Advanced yet intuitive CFXD platform
  • 4 million trading and investing assets
  • Average order execution of 9ms
  • Autochartist integration
Cons
  • High minimum deposit

Best for Beginners

Trading Contracts for Difference (CFDs) on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade Contracts for Difference (CFDs), you should carefully consider your trading objectives, level of experience and risk appetite. It is possible for you to sustain losses that exceed your invested capital and therefore you should not deposit money that you cannot afford to lose. Please ensure you fully understand the risks and take appropriate care to manage your risk.
  • Min Deposit
    $100
  • Tradable Instruments
    649
  • Fees
    Medium

Why We Picked It

Tickmill’s premier trading station, the TickmillTrader, is a beginner-friendly platform with a smooth, intuitive design and high functionality. I also appreciated Tickmill’s extensive library of educational materials, primarily aimed at inexperienced rookies and intermediate traders.

Key Tickmill MT5 Platform Features:

  • Availability: Desktop, web, mobile
  • Order Types: Market, limit, stop-loss, trailing stop
  • Analytical Tools: 38 built-in technical indicators, 24 drawing tools, 21 timeframes, 3 chart types
  • Other Tools: Alerts, 1-click trading, trade from chart, Figator toolkit, enhanced trade execution options, market sentiment gauges, additional indicators
  • Copy Trading: Yes
  • Automated Trading: Yes

I scoured Ticmill’s hundreds of educational articles, videos, and e-books, which provide a 360-degree overview of essential trading topics. Beginners can learn about a wide variety of concepts – from basic concepts like the use of Doji candlesticks, to more complex topics like exchange-traded derivatives markets.

A standout for me was the ‘Bright Minds’ podcast, which is proprietary to Tickmill and focuses on more abstract topics. I enjoyed one episode dedicated to the most common trading biases and explaining how to take hold of your fear and greed. Ultimately, Tickmill got my stamp of approval exactly because its educational content is so well-balanced and insightful.

On the price side, Tickmill also performed well. I recorded below-average spreads on commodities, stocks, indices, and cryptocurrencies. The 2-cent WTI spread I captured was the highlight of my tests, easily beating the industry average of 4 cents. On the downside, Tickmill’s forex spreads shot above the industry benchmark.

Pros and Cons

Pros
  • Comprehensive educational resources
  • Competitive fees
  • Beginner-friendly TickmillTrader
  • Trading signals
Cons
  • MetaTrader could be complex for first-time traders

Best Range of Tradable Instruments

4.6
68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
  • Min Deposit
    $50
  • Tradable Instruments
    19234
  • Fees
    Medium

Why We Picked It

IG is a household name in the trading industry, thanks in large part to its seamless Web platform and massive tradable instruments selection. I found there are over 13,000 stocks, 6,000 ETFs, 97 forex pairs, 40 commodities, 51 indices, 19 bonds, 17 cryptocurrencies, and IPOs. IPO trading is only available with a handful of other brokers and allows you to ride the usually massive price spikes that occur when a company is first listed on the market.

Key IG Web Platform Features:

  • Availability: Web, mobile
  • Order Types: Market, limit, stop-loss, trailing stop, guaranteed stop loss (UK only)
  • Analytical Tools: 33 built-in technical indicators, 19 drawing tools, 17 timeframes, 5 chart types
  • Other Tools: Alerts, 1-click trading, trade from chart, trading signals, market sentiment data, Thomson Reuters news feed
  • Copy Trading: No
  • Automated Trading: Yes

IG has also got a leg up on the competition with regard to its contract types diversity. In addition to its standard CFDs offering, the broker also offers spread betting, barrier and vanilla options, investing products, futures contracts, and more. Accordingly, I found IG a suitable option for intraday traders and short-term speculators, swing and position traders, investors, and volatility traders.

The IG Web Platform is another strong point of the broker, delivering a fast and smooth trading experience. Price action is illustrated in great detail on the platform’s fantastic, wide charts, and you can easily zoom in on trading setups as they emerge. Another perk of the trading station is the built-in market sentiment gauge, which screens changes in buying and selling pressures.

IG is also making strides with its wide array of supporting tools and services. The broker, which already averages a 14ms execution speed, provides free VPS hosting to high-volume traders. Meanwhile, its institutional-grade market research tracks major and minor market developments alike – a great thing to have alongside IG’s massive instruments offering.

Pros and Cons

Pros
  • Intuitive yet feature-rich IG platform
  • Largest selection of markets in the industry
  • Exceptional market research
  • Order execution of 14ms
Cons
  • Some of broker's platforms only available for professional traders

Best Low Spreads

Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
  • Min Deposit
    $200
  • Tradable Instruments
    2239
  • Fees
    Low

Why We Picked It

IC Markets passed my fee competitiveness tests with flying colors. The spreads I captured on popular assets, including EURUSD, WTI, Apple stocks, and the US30 index, beat the industry average across the board. The $0.02 WTI and $12 BTCUSD spreads I recorded were the highlights of my testing.

Key MT5 Platform Features:

  • Availability: Desktop, web, mobile
  • Order Types: Market, limit, stop-loss, trailing stop
  • Analytical Tools: 38 built-in technical indicators, 24 drawing tools, 21 timeframes, 3 chart types
  • Other Tools: Alerts, 1-click trading, trade from chart, VPS hosting, Signal Start, MetaTrader add-ons
  • Copy Trading: Yes
  • Automated Trading: Yes

I was collecting my data at a time of general market turmoil caused by the ongoing US/Iran war from 2026. The strained energy market prompted WTI spreads to widen across the industry, but IC Markets managed to keep its crude oil spreads tight.

I also learned that IC Markets provides even lower spreads on its Raw Account, which features a $6 round-trip commission when used on the cTrader platform. This commission rate is aligned with the industry average and suits high-volume traders.

I consider cTrader the optimal retail platform because it accommodates the greatest number of trading styles. Its high-definition charts serve day traders and swing traders, while its built-in copy trading environment connects signal providers and signal followers. And to cap it all off, cTrader allows you to purchase off-the-shelf trading bots for algorithmic trading.

Pros and Cons

Pros
  • Low spreads on popular assets
  • Access to deep liquidity
  • Free VPS hosting
  • Trading Central and Autochartist
Cons
  • Overnight swap fees are average to high

Best for Professional Traders

Contracts for Difference (CFDs) are leveraged over-the-counter derivative products and carry a high level of risk to your capital. You should only risk capital that you can afford to lose. In certain circumstances, due to fluctuations in market value you may not get back your initial investment amount. You may not only lose your initial investment but you may incur a liability to pay a further amount to cover losses. This means you can lose more money than you have invested.
  • Min Deposit
    $100
  • Tradable Instruments
    10180
  • Fees
    Low

Why We Picked It

FP Markets is a tightly regulated financial derivatives broker with a dedicated professional account geared towards seasoned vets. To qualify for the account, which features a maximum retail leverage of 1:500, you must have a portfolio worth EUR 500,000, have traded in significant volume over the past year, or prove that you have worked in the financial industry.

Key MT5 Platform Features:

  • Availability: Desktop, web, mobile
  • Order Types: Market, limit, stop-loss, trailing stop
  • Analytical Tools: 38 built-in technical indicators, 24 drawing tools, 21 timeframes, 3 chart types
  • Other Tools: Alerts, 1-click trading, trade from chart, Autochartist plugin, Trading Central plugin, MAM accounts, VPS hosting
  • Copy Trading: Yes
  • Automated Trading: Yes

FP Markets has a broad stack of trading platforms, including popular names like MT4, MT5, and cTrader. But to professional traders, I can recommend the Iress and Mottai platforms. Each one features more than 10,000 stocks and supports Direct-Market-Access (DMA) trading. You can use this feature to tap into the interbank market and obtain raw spreads from an exchange’s order books. In layman’s terms, DMA trading helps you obtain lower spreads and achieve faster execution.

Speaking of spreads, I measured FP Markets’ spreads and commissions and estimated that the broker provides better-than-average conditions for trading stocks, indices, and cryptocurrencies. For example, I calculated that it would cost you just $8 to trade a full contract of Apple shares via FP Markets’ Raw Account. This came in significantly lower than the industry average of $26.

Professional traders with FP Markets can also use the MT4, MT5, and cTrader platforms available with the broker to customize their own trading algorithms. I consider the cTrader trading station the most capable of the bunch. You can use it to automate your strategies via the built-in coding environment.

Pros and Cons

Pros
  • Dedicated professional account
  • Mottai and Iress platforms
  • 10,000+ real stocks
  • Direct Market Access (DMA)
Cons
  • Iress and Mottai are only available for Australian clients

Best Trading Tools

Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved.
  • Min Deposit
    $50
  • Tradable Instruments
    311
  • Fees
    Medium

Best for Share CFD Trading

All forms of investment carry risk including an investor not recovering the amount invested. These services may not be suitable to all.
  • Min Deposit
    $50
  • Tradable Instruments
    14187
  • Fees
    Medium

Why We Picked It

MultiBank attracts stock traders with its massive offering of 14,000+ share CFDs. It includes stocks of popular blue-chip companies across the retail, tech, finance, and other sectors. These are available from the broker’s proprietary trading station with a maximum retail leverage of 1:20.

Key MultiBank App Platform Features:

  • Availability: Web, mobile
  • Order Types: Market, limit, stop-loss
  • Analytical Tools: 107 built-in technical indicators, 50+ drawing tools, 7
  • timeframes, 12 chart types
  • Other Tools: Integrated market research, VPS hosting, FIX API tools
  • Copy Trading: Yes
  • Automated Trading: Yes

The aptly named MultiBank App platform, which is available for web and desktop trading, stands out with its high-definition charts and integrated market research. The built-in stocks screener takes the cake because it provides key trading insights. Most significantly, the tool flags the daily gainers and losers in the stock market.

I also learned that MultiBank’s flagship platform supports FIX APIs integration and can be boosted using VPS. These tools allow you to speed up your execution speed and obtain raw spreads from the interbank market.

I captured MultiBank’s Apple and Tesla spreads during the New York market opening. I recorded a $0.12 APPL spread vs. a $0.31 industry average, and a $0.35 TSLA spread vs. a $0.48 industry average. My tests provided MultiBank a great option for cost-conscious stock traders, who are also exempt from paying a trading commission on popular US stocks.

Pros and Cons

Pros
  • 14,000+ global stocks
  • Competitive spreads on stock CFDs
  • Zero commissions on stocks
  • Powerful MultiBank App platform with integrated research
  • VPS hosting and FIX API integration
Cons
  • High EURUSD spreads

Best Overall in the US

Forex trading involves risk. Losses can exceed deposits.
  • Min Deposit
    $1
  • Tradable Instruments
    82
  • Fees
    Low

Why We Picked It

tastyfx is a subsidiary of the IG Group of entities – one of the biggest and most renowned brands in the trading industry. The broker has remained a dominant force in the trading sphere for decades and has invested heavily in developing its proprietary web-trading platform.

Key tastyfx Platform Features:

  • Availability: Web, mobile
  • Order Types: Market, limit, stop-loss, trailing stop
  • Analytical Tools: 33 built-in technical indicators, 19 drawing tools, 17 timeframes, 5 chart types
  • Other Tools: Alerts, sentiment data, Reuters news feed, one-click trading, built-in trading signals
  • Copy Trading: Via MT4
  • Automated Trading: Through MT4 and ProRealTime

My first impression of the tastyfx Web Trader was that it provides ample market information. When you open a new order ticket, you are provided with abundant information about the trade you are about to execute.

I also enjoyed scaling price action up and down on the Web Trader’s flexible charts. I found the charting area quite fluid, allowing you to zoom in on even the smallest price formations as they emerge. This is more difficult to achieve on a platform like MetaTrader due to its rugged, cumbersome charts.

tastyfx’s flagship has one final leg up on more conventional trading stations, and that’s its integrated market research. The highlight for me was the market sentiment gauge, which tracks changes in buying and selling sentiment throughout the day.

Pros and Cons

Pros
  • Powerful trading software
  • Average execution speed of 17ms
  • Autochartist trading signals
  • Built-in news feed and sentiment data
Cons
  • Spot forex trading only

Best Futures Trading Platform in the US

Trading with leverage comes with a high risk and may not be suitable for everyone.
  • Min Deposit
    $100
  • Tradable Instruments
    64
  • Fees
    Low

Why We Picked It

Plus500 US brings the world of futures trading to casual retail traders in the US via its proprietary Plus500 WebTrader platform. The broker offers more than 100 futures contracts across currency pairs, commodities, equities, indices, interest rates, and cryptocurrencies.

Key Plus500 Platform Features:

  • Availability: Web, mobile
  • Order Types: Market, limit, stop-loss
  • Analytical Tools: 100 built-in technical indicators, 21 drawing tools, 11 timeframes, 14 chart types
  • Other Tools: Prediction markets, alerts, multiple chart views
  • Copy Trading: No
  • Automated Trading: No

The Plus500 WebTrader platform is highly customizable and offers more than 100 technical indicators. You can use them for analyzing long-term price trends, which is key to futures trading. Indicators like the ADX, which illustrates market commitment, and the RSI, which signals when the market is overbought or oversold.

The other highlight of the Plus500 platform was the +Insights tool, which tracks the buying and selling activity of other traders. This allows you to monitor the changing bullish and bearish sentiments.

I also learned from my hands-on tests that Plus500 charges fixed commissions for futures trading. The Standard Mini Contract commission is $0.89 per side, while the Standard Micro Contract commission came in at $0.49.

Pros and Cons

Pros
  • 100+ futures contracts
  • Access to prediction markets
  • +Insights tool
  • Competitive commissions
Cons
  • No algo and copy trading

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Dan BlystoneBroker Analyst

Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later, Dan gained insight into the forex industry during his time as a Series 3 licensed futures and forex broker. He also traded at a couple of different prop trading firms in Chicago. Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry.

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Jitan Solanki is a professional trader, market analyst, and educator. He day trades major currency and index markets and focuses on swing trading US equities and commodities. A qualified Market Technician, Jitan also works with trader education and brokerage companies on various projects. These include market analysis, live trading events, and broker reviews. As an experienced trader and educator, Jitan brings all his qualities in action when reviewing and recommending brokers.

Plamen StoyanovBroker Analyst

Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s favourite trading instruments include FX majors and gold. He earned a Bachelor's degree in Economics and International Relations. Plamen's broad experience has equipped him with the expertise to recommend the best forex brokers.

Vladimir ZernovBroker Analyst

In more than 15 years of trading in the financial markets, Vladimir dealt with a wide range of brokers and financial instruments. His career as a day-trader at a proprietary trading firm goes back to 2007. Later, Vladimir turned to longer time frames and became an independent trader and analyst managing his own portfolio. Using his experience, he helps traders find the best broker in his reviews.

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About the Author

Jitan SolankiBroker Analyst

Jitan Solanki is a professional trader, market analyst, and educator. He day trades major currency and index markets and focuses on swing trading US equities and commodities. A qualified Market Technician, Jitan also works with trader education and brokerage companies on various projects. These include market analysis, live trading events, and broker reviews. As an experienced trader and educator, Jitan brings all his qualities in action when reviewing and recommending brokers.

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