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Written by ForexBrokers.com

February 05, 2025

The forex brokers comparison tool compares all forex broker ratings, features, and fees side by side. Filter your brokers and compare the most popular brokers and widely used tools, mobile apps, platforms, spreads, and more. To best support your experience, providers are displayed based on your geo location. Please note: Product offerings may vary depending on your country of residence.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 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.

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  • check_box_outline_blankcheck_boxActivTrades
  • check_box_outline_blankcheck_boxACY Securities
  • check_box_outline_blankcheck_boxAdmirals
  • check_box_outline_blankcheck_boxAlpari
  • check_box_outline_blankcheck_boxATFX
  • check_box_outline_blankcheck_boxAvaTrade
  • check_box_outline_blankcheck_boxAxi
  • check_box_outline_blankcheck_boxBDSwiss
  • check_box_outline_blankcheck_boxBlackBull Markets
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCharles Schwab
  • check_box_outline_blankcheck_boxCity Index
  • check_box_outline_blankcheck_boxCMC Markets
  • check_box_outline_blankcheck_boxDooPrime
  • check_box_outline_blankcheck_boxEarn
  • check_box_outline_blankcheck_boxeasyMarkets
  • check_box_outline_blankcheck_boxEightcap
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxExness
  • check_box_outline_blankcheck_boxFinecoBank
  • check_box_outline_blankcheck_boxFOREX.com
  • check_box_outline_blankcheck_boxFP Markets
  • check_box_outline_blankcheck_boxFXCM
  • check_box_outline_blankcheck_boxFXGT.com
  • check_box_outline_blankcheck_boxFXOpen
  • check_box_outline_blankcheck_boxFXPrimus
  • check_box_outline_blankcheck_boxFxPro
  • check_box_outline_blankcheck_boxGBE brokers
  • check_box_outline_blankcheck_boxHFM
  • check_box_outline_blankcheck_boxHYCM (Henyep Capital Markets)
  • check_box_outline_blankcheck_boxIC Markets
  • check_box_outline_blankcheck_boxIFC Markets
  • check_box_outline_blankcheck_boxiFOREX
  • check_box_outline_blankcheck_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxIronFX
  • check_box_outline_blankcheck_boxLegacyFX
  • check_box_outline_blankcheck_boxLibertex (Forex Club)
  • check_box_outline_blankcheck_boxMarkets.com
  • check_box_outline_blankcheck_boxMarkets4you
  • check_box_outline_blankcheck_boxMoneta Markets
  • check_box_outline_blankcheck_boxMultiBank
  • check_box_outline_blankcheck_boxOANDA
  • check_box_outline_blankcheck_boxOcta
  • check_box_outline_blankcheck_boxPepperstone
  • check_box_outline_blankcheck_boxPlus500
  • check_box_outline_blankcheck_boxQuestrade
  • check_box_outline_blankcheck_boxRoboForex
  • check_box_outline_blankcheck_boxSaxo
  • check_box_outline_blankcheck_boxSpreadex
  • check_box_outline_blankcheck_boxSwissquote
  • check_box_outline_blankcheck_boxThinkMarkets
  • check_box_outline_blankcheck_boxTickmill
  • check_box_outline_blankcheck_boxTMGM
  • check_box_outline_blankcheck_boxTopFX
  • check_box_outline_blankcheck_boxTrade Nation
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxVantage
  • check_box_outline_blankcheck_boxVT Markets
  • check_box_outline_blankcheck_boxXM Group
  • check_box_outline_blankcheck_boxXTB
  • check_box_outline_blankcheck_boxXtrade

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Overall Rating Interactive Brokers Pepperstone FP Markets IC Markets FXOpen
Overall Rating info 5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 5/5 Stars 4.5/5 Stars 5/5 Stars 5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 4/5 Stars 4.5/5 Stars 4.5/5 Stars 3/5 Stars
Platform & Tools 5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars
Research 5/5 Stars 4.5/5 Stars 4/5 Stars 4/5 Stars 3/5 Stars
Education 5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 3/5 Stars
Trust Score info 99 95 89 84 76
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Review Interactive Brokers Review Pepperstone Review FP Markets Review IC Markets Review
Broker Screenshots Interactive Brokers Pepperstone FP Markets IC Markets FXOpen
Trading Platforms Gallery (click to expand) info
IBKR TWS desktop platform forex trading layout. Interactive Brokers web portal platform. IBKR TWS desktop platform charting IBKR Forecast Trader event contracts. IBKR Desktop platform watchlist. IBKR Desktop platform charts. IBKR Desktop platform news headlines Reuters. IBKR Desktop platform screeners. Interactive Brokers Client Portal forex overview IBKR TWS desktop platform daily lineup global headlines Interactive Brokers Client Portal forex trade ticket Interactive Brokers cryptocurrency trading Bitcoin Interactive Brokers cryptocurrency trading Bitcoin market order paxos Interactive Brokers Trader Workstation TWS desktop trading platform Interactive Brokers Trader Workstation TWS desktop trading platform charts layout Interactive Brokers Trader Workstation TWS desktop trading platform crypto layout Interactive Brokers Trader Workstation TWS desktop trading platform daily lineup Interactive Brokers Trader Workstation TWS desktop trading platform forex layout Interactive Brokers Trader Workstation TWS desktop forex depth of book Interactive Brokers Trader Workstation TWS desktop forex layout library IBKR TWS desktop platform lost in chart settings
Pepperstone TradingView platform web. Pepperstone cTrader desktop trading platform charts Pepperstone web client portal trading signals. Pepperstone cTrader desktop trading platform order Autochartist Pepperstone cTrader desktop expanded trade ticket window. Pepperstone MetaTrader 5 desktop platform. Pepperstone MetaTrader 5 desktop platform charts. Pepperstone MT5 desktop trading platform charts Pepperstone MT5 desktop trading platform watchlist
FP Markets MetaTrader 5 MT5 desktop platform. FP Markets MetaTrader 5 MT5 desktop platform charts. FP Markets MetaTrader 5 MT5 desktop watchlist. FP Markets MT5 desktop trading platform FP Markets MT5 desktop trading platform charting FP Markets Social Copy Trading providers best. FP Markets Social Copy Trading providers worst. FP Markets Social Copy Trading example strategy profitable. FP Markets Social Copy Trading example strategy unprofitable. FP Markets client portal
IC Markets TradingView web Charts. IC Markets MetaTrader 5 (MT5) desktop platform. IC Markets MetaTrader 5 (MT5) desktop platform charts. IC Markets MetaTrader 5 (MT5) desktop platform watchlist views . IC Markets EU cTrader desktop trading platform IC Markets EU cTrader desktop trading platform charts IC Markets EU cTrader desktop trading platform layout IC Markets EU cTrader IC Markets EU cTrader copy web strategy detail IC Markets EU cTrader desktop trading platform Autochartist signals IC Markets EU cTrader desktop trading platform news headlines IC Markets EU cTrader desktop trading platform watchlist IC Markets MetaTrader 5 Signals market. IC Markets Metatrader web.
Mobile Trading Gallery (click to expand) info
Interactive Brokers IBKR Mobile app. IBKR mobile watchlist. IBKR mobile charts. IBKR GlobalTrader mobile sectors. IBKR GlobalTrader mobile options wizard. Interactive Brokers IBKR mobile trading app IMPACT ratings Interactive Brokers IBKR mobile trading app cryptocurrency trading Interactive Brokers IBKR mobile trading app ESG ratings Interactive Brokers IBKR mobile trading app economic calendar Interactive Brokers IBKR mobile trading app alerts Interactive Brokers IBKR mobile trading app order entry wheel
Pepperstone cTrader mobile watchlist Pepperstone cTrader mobile app. Pepperstone cTrader mobile charting Pepperstone cTrader mobile order entry Pepperstone MetaTrader 5 mobile Pepperstone MetaTrader 5 MT5 mobile app watchlist. Pepperstone MetaTrader 4 mobile charting
FP Markets MT5 mobile trading app watchlist FP Markets MT5 mobile trading app charts FP Markets MT5 mobile trading app FP Markets MT5 mobile trading app calendar FP Markets MT5 mobile trading app contract specifications
IC Markets cTrader mobile app charting IC Markets cTrader mobile app watchlist IC Markets cTrader mobile app order window IC Markets MT5 mobile trading app IC Markets MT5 mobile trading app charts IC Markets MT5 mobile trading app contract specifications IC Markets MT5 mobile trading app economic calendar IC Markets MT5 mobile trading app watchlist
Research Gallery (click to expand) info
Interactive Brokers web portal premium research Interactive Brokers research providers Client Portal Interactive Brokers research Traders Insight daily analysis article detail Interactive Brokers research Traders Insight daily analysis article Interactive Brokers research YouTube video playlist market analysis
Pepperstone research market analysis video YouTube. Pepperstone YouTube channel videos. Pepperstone research The Daily Fix analysis articles. Pepperstone research The Daily Fix analysis article detail. Pepperstone research market update analysis video YouTube. Pepperstone research market analysis video YouTube playlist The Trade-off UK. Pepperstone research market analysis video YouTube playlist The Trade-off. Pepperstone research market analysis article. Pepperstone Talks YouTube playlist videos research webinars. Pepperstone research videos YouTube channel archived webinars playlist Pepperstone Podcast on Spotify
FP Markets YouTube market analysis webinar. FP Markets YouTube channel videos. FP Markets Research Traders Hub blog articles. FP Markets economic calendar. FP Markets research blog technical report detail. FP Markets Research Traders Hub blog article detail. FP Markets research daily market anaylsis FP Markets podcast FP Markets performance statistics for social copy trading. FP Markets research Autochartist trading signals. FP Markets client portal forex calculators. FP Markets YouTube channel videos.
IC Markets Siganls Start offering. IC Markets Signals Start database. IC Markets Signals Start database losing performance. IC Markets Signals Start sample strategy detail. IC Markets research webinar YouTube video series with Trade Precision. IC Markets blog-research articles. IC Markets cTraderCopy IC Markets cTraderCopy example strategies IC Markets forex news headlines widget myfxbook. IC Markets webinar IC Your Trade YouTube video series. IC Markets Autochartist web portal trading signals. IC Markets Trading Central plugin.
Education Gallery (click to expand) info
IBKR YouTube Channel Playlists. Interactive Brokers IBKR Podcast video. Interactive Brokers IBKR YouTube Channel videos. Interactive Brokers educational course videos Interactive Brokers educational course videos Interactive Brokers educational course quizzes Interactive Brokers educational course overview Interactive Brokers webinars
Pepperstone educational learning center. Pepperstone educational webinars detail. Pepperstone educational articles by experience Pepperstone archived webinars educational videos YouTube Pepperstone research videos YouTube channel playlists
FP Markets Educational webinars schedule. FP Markets educational lessons. FP Markets educational videos. FP Markets YouTube channel videos educational playlist FP Markets YouTube channel videos educational playlist detail.​ FP Markets weekly webinars. FP Markets archived webinars FP Markets YouTube videos FP Markets educational podcast FP Markets educational webinars FP Markets education courses
IC Markets Educational content blog articles detail. IC Markets Educational content blog articles. IC Markets Podcasts IC Your Trade Bloomberg Media Studios. IC Markets Podcasts IC Your Trade Bloomberg Media Studios YouTube video. IC Markets Podcasts IC YouTube video playslist. IC Markets YouTube channel educational videos IC Markets archived webinars YouTube video IC Markets Vimeo channel educational videos
Regulation Interactive Brokers Pepperstone FP Markets IC Markets FXOpen
Trust Score info 99 95 89 84 76
Year Founded info 1977 2010 2005 2007 2003
Publicly Traded (Listed) info Yes No No No No
Bank info No No No No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info Yes info Yes info Yes info
Tier-1 Licenses info 9 3 2 2 2
Tier-2 Licenses info 2 2 1 0 0
Tier-3 Licenses info 0 0 0 0 0
Tier-4 Licenses info 0 2 1 3 0
Tier-1 Licenses (Highly Trusted) Interactive Brokers Pepperstone FP Markets IC Markets FXOpen
Australia (ASIC Authorised) info Yes Yes Yes Yes No
Canada (CIRO Authorised) info Yes No No No No
Hong Kong (SFC Authorised) info Yes No No No No
Japan (SFC Authorised) info Yes No No No No
Singapore (MAS Authorised) info Yes No No No No
Switzerland (FINMA Authorised) info Yes No No No No
United Kingdom (U.K.) (FCA Authorised) info Yes Yes No No Yes
USA (CFTC Authorized) info Yes No No No No
New Zealand (FMA Authorised) info No No No No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info Yes info Yes info Yes info
Tier-2 Licenses (Trusted) Interactive Brokers Pepperstone FP Markets IC Markets FXOpen
Kenya (CMA Authorised) info No Yes No No No
Israel (ISA Authorised) info No No No No No
South Africa (FSCA Authorised) info No No Yes No No
UAE (DFSA/Central Bank Authorised) info Yes Yes No No No
India (SEBI Authorised) info Yes No No No No
Jordan (JSC Authorised) info No No No No No
Investments Interactive Brokers Pepperstone FP Markets IC Markets FXOpen
Forex Trading (Spot or CFDs) info Yes Yes Yes Yes Yes
Tradeable Symbols (Total) info 8500 1726 10000 3583 87
Forex Pairs (Total) info 90 65 71 61 25
U.S. Stock Trading (Non CFD) info Yes No No No No
Int'l Stock Trading (Non CFD) info Yes No No Yes No
Social Trading / Copy Trading info No Yes Yes Yes Yes
Cryptocurrency (Physical) info Yes No No No No
Cryptocurrency (Derivative) info Yes Yes Yes Yes Yes
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).
Cost Interactive Brokers Pepperstone FP Markets IC Markets FXOpen
Average Spread EUR/USD - Standard info 0.59 info 1.00 info 1.2 info 0.62 info N/A info
All-in Cost EUR/USD - Active info 0.59 info 0.70 info 0.7 info 0.62 info N/A info
Active Trader or VIP Discounts info Yes Yes Yes Yes Yes
Inactivity Fee info No No No No Yes
Execution: Agency Broker info Yes Yes No Yes Yes
Execution: Market Maker info No Yes Yes Yes Yes
Funding Interactive Brokers Pepperstone FP Markets IC Markets FXOpen
Minimum Deposit info $0 $0 $100 AUD $200 $100
PayPal (Deposit/Withdraw) info No Yes Yes Yes No
Skrill (Deposit/Withdraw) info No Yes Yes Yes Yes
Visa/Mastercard (Credit/Debit) info No Yes Yes Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes Yes Yes Yes
ACH or SEPA Transfers info Yes Yes No No No
Trading Platforms Interactive Brokers Pepperstone FP Markets IC Markets FXOpen
Proprietary Platform info Yes Yes Yes No No
Desktop Platform (Windows) info Yes Yes Yes Yes Yes
Web Platform info Yes Yes Yes Yes Yes
Social Trading / Copy Trading info No Yes Yes Yes Yes
MetaTrader 4 (MT4) info No Yes Yes Yes Yes
MetaTrader 5 (MT5) info No Yes Yes Yes Yes
cTrader info No Yes Yes Yes No
DupliTrade info No Yes No No No
ZuluTrade info No No No Yes Yes
Trading Tools Interactive Brokers Pepperstone FP Markets IC Markets FXOpen
Virtual Trading (Demo) info Yes Yes Yes Yes Yes
Alerts - Basic Fields info Yes Yes Yes Yes Yes
Watchlists - Total Fields info 659 7 7 7 7
Charting - Indicators / Studies (Total) info 155 15 30 30 30
Charting - Drawing Tools (Total) info 85 30 17 15 15
Charting - Trade From Chart info Yes Yes Yes Yes Yes
Charts can be saved info Yes Yes Yes Yes Yes
Mobile Trading Interactive Brokers Pepperstone FP Markets IC Markets FXOpen
Android App info Yes Yes Yes Yes Yes
Apple iOS App info Yes Yes Yes Yes Yes
Mobile Alerts - Basic Fields info Yes Yes Yes Yes Yes
Mobile Watchlist info Yes Yes Yes Yes Yes
Watchlist Syncing info Yes Yes No No No
Mobile Charting - Indicators / Studies info 97 30 MetaTrader (Default) 30 30
Mobile Charting - Draw Trendlines info Yes Yes Yes Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes Yes Yes Yes
Mobile Charting - Drawings Autosave info No Yes Yes Yes No
Mobile Economic Calendar info Yes Yes Yes Yes Yes
Research Interactive Brokers Pepperstone FP Markets IC Markets FXOpen
Daily Market Commentary info Yes Yes Yes Yes Yes
Forex News (Top-Tier Sources) info Yes Yes Yes Yes Yes
Autochartist info No Yes Yes Yes No
Trading Central (Recognia) info Yes No Yes Yes No
TipRanks info Yes No No No No
Social Sentiment - Currency Pairs info Yes Yes Yes Yes No
Economic Calendar info Yes Yes Yes Yes Yes
Education Interactive Brokers Pepperstone FP Markets IC Markets FXOpen
Education (Forex or CFDs) info Yes Yes Yes Yes No
Client Webinars info Yes Yes Yes Yes No
Client Webinars (Archived) info Yes Yes Yes Yes No
Videos - Beginner Trading Videos info Yes Yes Yes Yes No
Videos - Advanced Trading Videos info Yes Yes Yes Yes No
Investor Dictionary (Glossary) info Yes Yes Yes Yes Yes
Major Forex Pairs Interactive Brokers Pepperstone FP Markets IC Markets FXOpen
GBP/USD info Yes Yes Yes Yes Yes
USD/JPY info Yes Yes Yes Yes Yes
EUR/USD info Yes Yes Yes Yes Yes
USD/CHF info Yes Yes Yes Yes Yes
USD/CAD info Yes Yes Yes Yes Yes
NZD/USD info Yes Yes Yes Yes Yes
AUD/USD info Yes Yes Yes Yes Yes
Review Interactive Brokers Review Pepperstone Review FP Markets Review IC Markets Review
Overall Interactive Brokers Pepperstone FP Markets IC Markets FXOpen
Overall Rating info 5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 5/5 Stars 4.5/5 Stars 5/5 Stars 5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 4/5 Stars 4.5/5 Stars 4.5/5 Stars 3/5 Stars
Platform & Tools 5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars
Research 5/5 Stars 4.5/5 Stars 4/5 Stars 4/5 Stars 3/5 Stars
Education 5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 3/5 Stars
Trust Score info 99 95 89 84 76
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Review Interactive Brokers Review Pepperstone Review FP Markets Review IC Markets Review
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