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ChooseFxBroker

Compare Top Forex Brokers

Find and compare the best forex brokers for your trading needs. All brokers are verified and regularly updated.

Exness

Exness

4.5 / 5.0

Exness is a multi-licensed online forex and CFD broker known for competitive trading conditions, reliable execution, and a global client base.

Company Info

Founded: 2008
Location: Global broker with multiple entities; principal European entity in Limassol, Cyprus. Also offices/entities in Seychelles, UK, South Africa, Curaçao and more.
Regulation: Regulated by multiple authorities: CySEC (Cyprus, License No. 178/12), FCA (UK, Reg. No. 730729), FSA (Seychelles, SD025), CBCS (Curaçao and Sint Maarten, 0003/2014), FSCA (South Africa, FSP 51024)

Trading Conditions

Min. Deposit: As low as US$10 for most Standard accounts (varies by region and payment method).
Leverage: 1:UNLIMITED
Platforms: MetaTrader 4, MetaTrader 5, and Exness WebTerminal; also Exness Trader mobile app

Features

Mobile Trading
Algo Trading
Competitive Spreads and Low FeesWide Range of Tradable Instruments
FxPro

FxPro

4.5 / 5.0

FxPro is a globally recognized online forex and CFD broker founded in 2006, offering trading services in a wide range of financial instruments under multiple reputable regulatory bodies.

Company Info

Founded: 2006
Location: London, United Kingdom (with key offices in Cyprus and the UK)
Regulation: Regulated by the Financial Conduct Authority (FCA) in the UK, Cyprus Securities and Exchange Commission (CySEC) in Cyprus, Financial Sector Conduct Authority (FSCA) in South Africa, and Securities Commission of The Bahamas (SCB)

Trading Conditions

Min. Deposit: 100$
Leverage: Up to 1:30 for retail clients under EU/UK regulations; up to 1:500 for non-EU clients (via the SCB-regulated entity). Leverage depends on the instrument and client classification.
Platforms: MetaTrader 4, MetaTrader 5, cTrader, FxPro EDGE (web-based)

Features

Mobile Trading
Algo Trading
Professional customer serviceTransparent pricing structure
OctaFX / Octa

OctaFX / Octa

4.0 / 5.0

OctaFX is a global Forex and CFD broker offering competitive spreads, multiple platforms, and flexible leverage options. With an EU-regulated entity and a global presence, it aims to provide user-friendly trading conditions for both beginners and experienced traders.

Company Info

Founded: 2011
Location: St. Vincent and the Grenadines (Global entity), Cyprus (EU entity)
Regulation: EU clients: Regulated by CySEC (Octa Markets Cyprus Ltd, License No. 372/18). Non-EU clients: Served by Octa Markets Incorporated (St. Vincent and the Grenadines), which is registered but not regulated by a major financial authority.

Trading Conditions

Min. Deposit: $25
Leverage: Up to 1:500 for non-EU clients; up to 1:30 for EU retail clients
Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), OctaFX Trading App (proprietary mobile platform)

Features

Mobile Trading
Algo Trading
Low minimum depositCompetitive spreads from 0.5 pips
Vantage Markets

Vantage Markets

4.5 / 5.0

Vantage Markets is a multi-asset broker established in 2009, offering trading in forex, CFDs, and commodities through multiple platforms with competitive conditions and solid regulatory oversight.

Company Info

Founded: 2009
Location: Sydney, Australia
Regulation: ASIC (Australia), FCA (UK), CIMA (Cayman Islands), VFSC (Vanuatu), FSCA (South Africa)

Trading Conditions

Min. Deposit: $50
Leverage: Up to 1:2000 for international clients (APAC); up to 1:500 under Cayman Islands regulation; limited to 1:30 for retail clients under ASIC and FCA regulation
Platforms: MetaTrader 4, MetaTrader 5, TradingView integration, Vantage App (proprietary mobile platform), Pro Trader Tools

Features

Mobile Trading
Algo Trading
Regulated by multiple financial authorities including Tier-1 regulators (ASIC, FCA)Competitive pricing on Raw ECN and Pro ECN accounts
IC Markets

IC Markets

4.5 / 5.0

IC Markets is a globally recognized Forex and CFD broker known for its ECN trading environment, competitive spreads, and extensive regulatory oversight. It supports a wide range of instruments, multiple trading platforms, and is often favored by both beginners and advanced traders.

Company Info

Founded: 2007
Location: Sydney, Australia
Regulation: ASIC (Australia, AFSL No. 335692), CySEC (Cyprus, License No. 362/18), SCB (The Bahamas, SIA-F214), FSA (Seychelles, SD018)

Trading Conditions

Min. Deposit: $200
Leverage: Up to 1:500 for non-EU/AU clients; up to 1:30 for AU/EU retail clients due to regulatory constraints
Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and corresponding mobile and web versions

Features

Mobile Trading
Algo Trading
Lightning-Fast ExecutionTrue ECN Access
FP Markets

FP Markets

4.5 / 5.0

FP Markets is a globally recognized CFD and Forex broker known for competitive spreads, a broad product range, and multiple reputable regulatory oversights. The broker offers a variety of platforms and account types suitable for both beginners and advanced traders.

Company Info

Founded: 2005
Location: Sydney, Australia
Regulation: ASIC (Australia, License No. 286354), CySEC (Cyprus, License No. 371/18), FSCA (South Africa), FSA (St. Vincent & the Grenadines)

Trading Conditions

Min. Deposit: $100
Leverage: Up to 1:500 for non-EU/AU clients; up to 1:30 for AU/EU retail clients in compliance with local regulations
Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), Iress Trader

Features

Mobile Trading
Algo Trading
XM

XM

4.5 / 5.0

XM is a globally recognized online forex and CFD broker, offering a wide range of trading instruments and platforms, with a strong emphasis on education and research.

Company Info

Founded: 2009
Location: Limassol, Cyprus
Regulation: Regulated by multiple authorities: - CySEC (Cyprus Securities and Exchange Commission), License No. 120/10  - ASIC (Australian Securities and Investments Commission), License No. 443670  - FSC (Belize Financial Services Commission), License No. 000261/397  - DFSA (Dubai Financial Services Authority)  - FSCA (Financial Sector Conduct Authority, South Africa) 

Trading Conditions

Min. Deposit: $5 for Micro and Standard accounts; higher minimums may apply for other account types. 
Leverage: Up to 1:1000
Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), XM WebTrader, and mobile trading apps compatible with iOS and Android. 

Features

Mobile Trading
Algo Trading
Comprehensive education systemLow entry barrier ($5 deposit)
Olymp Trade

Olymp Trade

4.0 / 5.0

Olymp Trade is an online trading platform offering fixed-time trades and Forex/CFD instruments, known for its user-friendly interface, low minimum deposits, and extensive educational resources.

Company Info

Founded: 2014
Location: Operated by Saledo Global LLC, headquartered in St. Vincent and the Grenadines
Regulation: Member of the Financial Commission (FinaCom), an independent external dispute resolution body, since 2016; not regulated by major financial authorities like FCA or CySEC

Trading Conditions

Min. Deposit: 10$
Leverage: For Forex, leverage (multipliers) can go up to 1:500 on certain assets; fixed-time trades do not use traditional leverage, but have fixed payouts.
Platforms: Proprietary web-based platform, plus dedicated mobile apps for iOS and Android

Features

Mobile Trading
Algo Trading
Low Minimum DepositUser-Friendly Platform
Plus500

Plus500

4.0 / 5.0

Plus500 is a global multi-asset broker, founded in 2008, offering CFD trading on forex, stocks, indices, commodities, cryptocurrencies, options, and more. Listed on the London Stock Exchange’s Main Market, Plus500 operates under multiple top-tier regulators.

82% 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.

Company Info

Founded: 2008
Location: Haifa, Israel (Listed entity on the London Stock Exchange; multiple offices worldwide)
Regulation: Regulated by top-tier authorities including:• UK Financial Conduct Authority (FCA)• Plus500CY Ltd authorized & regulated by CySEC (#250/14). • Australian Securities and Investments Commission (ASIC)• Financial Markets Authority (FMA - New Zealand)• Financial Sector Conduct Authority (FSCA - South Africa)…and others through various subsidiaries.

Trading Conditions

Min. Deposit: $100
Leverage: 1:30
Platforms: Proprietary Plus500 WebTrader, Plus500 mobile app (iOS/Android), Plus500 Invest platform for stocks, Plus500 Futures platform (US only)

Features

Mobile Trading
Algo Trading
Fast withdrawalsWell-designed platform
HFM (HotForex)

HFM (HotForex)

4.0 / 5.0

HFM is a globally recognized Forex and CFD broker known for its wide range of instruments, multiple regulatory licenses, competitive trading conditions, and user-friendly platforms. Formerly operating under the HotForex brand, it has evolved while maintaining a strong industry reputation.

Company Info

Founded: 2010
Location: Global presence; principal entities include Cyprus (EU), UK, Seychelles, South Africa, and Dubai
Regulation: Multiple entities: HF Markets (Europe) Ltd (CySEC License No. 183/12), HF Markets (UK) Ltd (FCA 801701), HF Markets (Seychelles) Ltd (FSA SD015), HF Markets SA (PTY) Ltd (FSCA 46632), HF Markets (DIFC) Ltd (DFSA F004885)

Trading Conditions

Min. Deposit: $5
Leverage: Up to 1:1000 for non-EU/UK clients under certain entities; up to 1:30 for EU/UK retail clients due to regulatory restrictions
Platforms: MetaTrader 4, MetaTrader 5, HFM App (proprietary mobile platform)

Features

Mobile Trading
Algo Trading
Controlled by several regulatorsNumerous deposit and withdrawal
FBS

FBS

4.0 / 5.0

FBS is a globally operating Forex and CFD broker offering a range of trading instruments and account types, known for competitive trading conditions and accommodating both beginners and experienced traders.

Company Info

Founded: 2009
Location: Belize (International), Cyprus (EU branch)
Regulation: IFSC (International Financial Services Commission, Belize), CySEC (Cyprus Securities and Exchange Commission), ASIC (Australian Securities and Investments Commission)

Trading Conditions

Min. Deposit: From $1 (Cent accounts)
Leverage: Up to 1:3000 for non-EU entities; up to 1:30 for EU retail clients
Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), FBS Trader (proprietary mobile app)

Features

Mobile Trading
Algo Trading

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