Editorial ranking

The best forex brokers

FP Markets

Best overall 2026
4.2 / 5
Read reviewVisit brokerYour capital is at risk.
Min. deposit
$100
Spread from
0.0 pips
Regulation
ASIC, CYSEC, FSCA
Max leverage
1:500
Instruments
+10000
  • Raw spreads from 0.0 pips with low commission
  • Five platforms including TradingView and Iress
  • Tier 1 ASIC and CySEC regulation
  • No inactivity or withdrawal fees
  • Over 10,000 tradable instruments available

Our top pick. Competitive spreads, top-tier regulation, and professional platforms.

GO Markets

Best regulation
4.1 / 5
Read reviewVisit brokerYour capital is at risk.
Min. deposit
$0
Spread from
0.0 pips
Regulation
ASIC, CYSEC, FSC
Max leverage
1:500
Instruments
+1800
  • ASIC and CySEC regulation with fund segregation
  • Low GO Plus+ commission at $5 round-turn
  • Four major platforms including cTrader and TradingView
  • No inactivity, deposit, or withdrawal fees
  • Over 1,800 instruments across asset classes

Recommended for its robust international regulatory footprint.

City Index

Best for scalping
4.1 / 5
Read reviewVisit brokerYour capital is at risk.
Min. deposit
$0
Spread from
0.0 pips
Regulation
FCA, ASIC, MAS
Max leverage
1:30
Instruments
+13500
  • Three Tier-1 regulators plus NASDAQ-listed parent company
  • Access to over 13,500 tradeable markets
  • Proprietary platform with native TradingView charting
  • Guaranteed stop-loss orders available
  • No minimum deposit for UK clients

A good choice for traders who prioritise execution speed and deep liquidity.

Tickmill

Best for beginners
4.2 / 5
Read reviewVisit brokerYour capital is at risk.
Min. deposit
$100
Spread from
0.0 pips
Regulation
FCA, CYSEC, DFSA
Max leverage
1:1000
Instruments
+630
  • Tight Raw account spreads from 0.0 pips
  • Zero-fee deposits and withdrawals policy
  • Dual Tier-1 FCA and CySEC regulation
  • Fast execution suited to algo trading
  • Wide platform choice including TradingView and MT5

A solid alternative with a strong cost structure and stable platforms.

Category winners

Our standout picks by category — each uses the same five-dimension methodology, scored for that specific use case.

Best Spreads

Spreads from 0.0 pips on the major pairs.

Best Platforms

MT4, MT5, cTrader, and TradingView integration.

WinnerTickmill

Best Regulation

Top-tier licences (FCA, ASIC, NFA).

Best for Beginners

Friendly interface with excellent educational material.

Best Execution

Fast execution with minimal slippage.

Best Support

Responsive 24/5 multilingual support.

WinnerTickmill

At-a-glance comparison

The same brokers, side by side — scores, costs, and regulation.

BrokerScoreMin. depositSpread fromMax leverageRegulationPlatformsInstruments
FP Markets
4.2
$1000.0 pips1:500ASIC, CYSEC, FSCAMT4, MT5, cTrader10000+Read review
Tickmill
4.2
$1000.0 pips1:1000FCA, CYSEC, DFSAMT4, MT5, TradingView630+Read review
City Index
4.1
$00.0 pips1:30FCA, ASIC, MASMT4, TradingView13500+Read review
GO Markets
4.1
$00.0 pips1:500ASIC, CYSEC, FSCMT4, MT5, cTrader1800+Read review

How we pick the best brokers

Every broker is rated on the same five dimensions with public weights. No bespoke criteria, no payment for ranking position.

30%

Safety & Regulation

We verify regulatory licences, assess financial stability, review complaint history, and check investor-protection schemes.

25%

Costs & Conditions

We monitor live spreads, analyse commission structures, and calculate the all-in cost of trading the major pairs.

20%

Platforms & Technology

We test platform stability, charting and analysis tools, order types, mobile apps, and the overall user experience.

15%

Usability & Onboarding

We evaluate how easy it is to open an account, the quality of KYC, verification times, and localised documentation.

10%

Support & Resources

We measure support response times, channel quality (chat, email, phone), and the depth of educational material.

Frequently asked questions

How do we choose the best brokers?
We apply our 5-dimension methodology (regulation 30%, costs 25%, platform 20%, usability 15%, support 10%) to publicly verifiable data: regulatory licences, live spreads, platform infrastructure, real onboarding processes, and support quality.
Why are some brokers marked “Sponsored”?
Sponsored brokers pay to be pinned at the top of the list. This is clearly labelled with the “Sponsored” tag and does NOT affect our scores, which are calculated independently.
Do these brokers accept clients from my country?
Each broker has specific restrictions based on its regulation. Check each broker's page (the “Read review” button) for the accepted countries and the applicable regulatory entities.
How often is this list updated?
We review the scores and composition of the list at least once a quarter, or sooner if there are relevant regulatory or product changes.