Directory · last checked July 2, 2026

Forex Broker Reviews Directory

Every broker below went through the same checklist: legal entity, register entry, real trading costs, platform access and withdrawal terms. The table is a shortlist, not a verdict — open the full review before you decide anything.

  • One checklist for every broker, paid or not
  • Scores weighted towards regulation
  • Warnings stay on the page, whoever it upsets

Broker directory rating matrix

BrokerComparison scoreRegulator signalsPlatformsMinimum depositListing statusReview
XTB75.5FCA, CySEC, KNFxStation, xStation mobile appNo minimum deposit is published on current XTB fee pages.Eligible With CautionRead review
Capital.com73.5CySEC, Securities Commission of The BahamasProprietary web platform, Mobile app, TradingView10 USD/EUR/GBP for bank cards and Apple Pay; 50 EUR for wire transfers (or equivalent, depending on entity/page)Eligible With CautionRead review
Colmex Pro70Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (South Africa)Colmex Pro 2.0, MT4, Web Trader$1,000 for the margin account; higher published tiers include $3,000, $10,000, $25,000, and $100,000.Eligible With CautionRead review
CMC Markets69.5FCANext Generation, MT4, MT5No minimum deposit stated on the main official retail pageEligible For Top ListsRead review
Interactive Brokers68SEC, FINRAIBKR Desktop, IBKR Mobile, Trader Workstation (TWS)USD 0.00 for standard individual/joint/trust/institutional accounts on the official minimums page; some account types may have higher requirementsEligible With CautionRead review
IG67.5Financial Conduct Authority (FCA), Bermuda Monetary Authority (BMA), BaFin and Deutsche BundesbankWeb platform, Mobile app, MT4No single universal minimum deposit verified; IG’s current help pages show regional and payment-method differences, including bank-transfer and card-based variations.Eligible For Top ListsRead review
FP Markets67ASIC, CySEC, FSCAMT4, MT5, cTrader$100 USD or equivalent for Standard and Raw MT4/MT5 accountsEligible For Top ListsRead review
GBE Brokers64.5CySEC, BaFin (branch reference)Not clearly confirmed from current public sources reviewedNot Publicly Verified In The Reviewed SourcesEligible With CautionRead review
Admiral Markets64CySEC, FinantsinspektsioonMetaTrader 4, MetaTrader 5, Admirals web platform100 EUREligible With CautionRead review
iFOREX63.5British Virgin Islands Financial Services Commission, Cyprus Securities and Exchange Commission (CySEC)Proprietary iFOREX web and mobile platformVaries by region and payment method; no universal public figure found on the funding pageEligible With CautionRead review
City Index63Financial Conduct Authority (FCA)Web Trader, MetaTrader 4 (MT4)Official public sources indicate region/account-type variation; an Australia MT4 support page states $150 for MT4 accountsEligible With CautionRead review
Darwinex62.5FCA (UK), CNMV (Spain), FSA (Seychelles)Official Darwinex web/platform ecosystem, Darwinex for Investors mobile app500 EUR/USD/GBP for individual/joint accounts; 10,000 EUR/USD/GBP for corporate accounts.Eligible With CautionRead review
FCFOREX.com62.5NFA/CFTC-related U.S. disclosures, Cayman Islands Monetary Authority, Canadian Investment Regulatory OrganizationFOREX.com Web Trader, MetaTrader, TradingView (where offered)$100 per transaction for bank transfer or debit card on the U.S. funding FAQ; Canada pages also state at least $100 for initial deposit.Eligible For Top ListsRead review
Easy Forex / easyMarkets62.5CySEC, ASICeasyMarkets web/app, TradingView, MT4Not safely universal from current public sources; varies by region/account setupEligible With CautionRead review
AvaTrade61Central Bank of Ireland, ASIC, FSCAWebTrader, MetaTrader 4, MetaTrader 5100 base currency (USD 100 / EUR 100 / GBP 100 / AUD 100 depending on account currency and eligibility)Eligible With CautionRead review
FXTM61Financial Services Commission (FSC) of Mauritius, Financial Sector Conduct Authority (FSCA) of South AfricaMetaTrader 4, MetaTrader 5, FXTM Trader mobile appVaries by account type and payment method; FXTM says $200 can get you started on some account typesEligible With CautionRead review
HotForex (HFM)61CySEC, FCA, FSCAMetaTrader 4, MetaTrader 5, HFM WebTraderVaries by account type and payment method; examples include $0, $5, $100 and $500Eligible With CautionRead review
FXCC60.5CySECMT4, MT5No minimum deposit shown on the ECN XL account pageEligible With CautionRead review
FXCM60CySEC, BaFin (branch context), FCA (legacy enforcement history on UK entity)Trading Station, MetaTrader 4, TradingView Pro50 CCY for an initial Individual account deposit; card deposits minimum 50 CCY; wire has no minimum statedEligible With CautionRead review
Plus50060FCA, CySEC, ASICProprietary web platform, Mobile appNot Verified From The Official Sources ReviewedEligible With CautionRead review
Exness59Seychelles FSA, CySEC, FCAMetaTrader 4, MetaTrader 5, Exness TradeVaries by account type, payment method, and region; official guidance indicates some Standard account setups can start from $10, but there is no single universal minimum.Eligible With CautionRead review
OANDA59CFTC, NFA, FCAfxTrade, MT5No minimum deposit or minimum balance stated for US accountsEligible With CautionRead review
GO Markets59ASIC, CySECTradingView, MetaTrader 4, MetaTrader 5No minimum deposit stated on the public FAQ for a live trading account.Eligible With CautionRead review
Pepperstone59FCA, ASIC, DFSAMetaTrader, cTraderNo minimum deposit for domestic and international bank transfers; other methods may require a minimum deposit of £10 on the UK funding page.Eligible With CautionRead review
XM59CySEC (license 120/10)MT4, MT5, XM App$5 stated on XM's account-types page; help center also references $5 minimum deposit/withdrawal with method-dependent variationEligible With CautionRead review

Scores are editorial comparison scores based on public evidence reviewed on July 2, 2026; they are not safety ratings. Verify legal entity, availability, fees and restrictions before opening an account.

Recommended directory filters

FilterWhat it helps you checkWhy it matters
Regulator / legal entityWhich company is actually offering the accountPrevents confusion between brand marketing and the legal firm you contract with
Region / client eligibilityWhether the broker accepts your country and under which entityAvailability and protections can change by jurisdiction
PlatformMT4, MT5, cTrader, web, or mobilePlatform choice affects order handling, automation, and workflow
Funding methodBank transfer, card, e-wallet, or cryptoFunding and withdrawal rules can change cost, speed, and convenience
Trading styleManual, scalping, copy trading, or automationA broker can be suitable for one style and poor for another

These are directory filters, not performance rankings. Use them to narrow the list before reading full reviews.

What to verify before opening an account

CheckWhere to lookWhat to confirm
AuthorisationOfficial regulator registerExact legal entity, permissions, and matching website details
WarningsRegulator Warning ListWhether the broker or a similar-looking clone appears in alerts
Client risk disclosuresBroker legal pagesLeverage, loss risk, and product-specific restrictions
Funding rulesBroker payments and terms pagesAccepted methods, withdrawal conditions, and any fees
Support and complaintsBroker support/legal pagesHow to contact the firm and what complaint route applies

If a broker’s public information is sparse, use this checklist to avoid relying on branding alone.

Why a broker directory is more useful than a simple list

A directory helps readers compare the details that change the outcome of a broker choice: who regulates the firm, what products are offered, which platforms are available, how deposits and withdrawals work, and whether the broker is a fit for your experience level. That matters because a broker can look attractive on fees or promotions while still being a poor match for your region, strategy, or risk tolerance. Our approach is to organise brokers so you can filter for the factors that matter most and then move from broad comparison to deeper review pages.

How to use this directory

Start with the basics: jurisdiction, regulation, and whether the broker’s website and legal entity match. Then narrow the field by platform, account type, funding method, and trading style. For example, a trader looking for automation will evaluate platform support and execution features differently from someone who mainly wants low-friction deposits or a beginner-friendly account structure. If a broker appears in multiple regions or under multiple entities, review the legal documents carefully and confirm the exact company name before depositing.

Filters that matter when comparing forex brokers

The most useful filters are the ones that reveal structural differences rather than marketing labels. Regulation filter: identify the authority and confirm the legal entity on the regulator register. Region filter: check whether the broker accepts clients from your country and under which entity. Platform filter: compare MetaTrader, cTrader, web platform, and mobile support. Funding filter: look at cards, bank transfer, and any crypto or e-wallet options, then read the withdrawal rules. Trading profile filter: assess whether the broker suits manual trading, scalping, copy trading, or automated strategies. These filters help separate a workable broker from one that only looks competitive at first glance.

Our review standards

We prioritise primary-source checks and avoid repeating promotional claims without verification. A broker must be evaluated through its official website, legal documents, and where relevant regulator records or warning pages. We look for clear entity naming, client money and complaints information when published, platform availability, product scope, and funding/withdrawal rules that are stated in public documents. Where evidence is weak or conflicting, we do not present disputed points as settled. Instead, we explain what is publicly visible and what a reader should verify directly with the broker.

Common questions

What is the best way to compare forex brokers in a directory?

Compare the legal entity, regulator, platform, funding methods, and trading conditions first. Those factors usually matter more than broad marketing claims or headline promotions.

Why does regulation need to be checked on the regulator’s own register?

Because broker websites can be incomplete, outdated, or copy-pasted across regions. The regulator register is the clearest way to confirm the exact authorised entity and permissions.

Should I choose a broker based only on spreads or low commissions?

No. Trading costs matter, but they should be weighed alongside withdrawal rules, execution model, account protections, and whether the broker is available in your country.

How do I know if a broker page is for the right country?

Check the legal entity, terms, and any regional disclosures. The same brand may operate through different companies in different jurisdictions, with different protections and product rules.

Why do you include warning-list and scam-check guidance on a broker directory?

Because fraudsters often copy legitimate branding or registration details. Official warning lists and scam guidance help readers spot clone-firm risk before depositing.

What should I do if a broker’s public information is unclear?

Treat that as a risk signal. Confirm the legal entity, ask the broker for written clarification, and avoid funding the account until the documents, permissions, and country eligibility are clear.

Check the details yourself

These are the pages we relied on. Read them before you open an account or send money anywhere.

Risk warning. Trading forex and CFDs involves significant risk and may not be suitable for all investors. You can lose more than your initial deposit, and leverage can magnify losses. Always verify a broker’s authorisation, client protections, and terms before funding an account.
How we make money. This page may contain commercial links. If you click through to a broker and open an account, TopOnlineForexBrokers may receive compensation at no extra cost to you. Our research and editorial standards are intended to stay separate from any commercial relationship.