The forex brokers comparison tool compares all forex broker ratings, features, and fees side by side. Filter your brokers and compare the the most popular brokers and widely used tools, mobile apps, platforms, spreads, and more. Please note: to best support your experience, providers are displayed based on your geo location.
ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Advertiser Disclosure
Compare Forex Brokers
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
|
|
|
|
|
|
|
Established 1974, join 239,000+ traders worldwide Visit Site
|
A Global Market Leader! Visit Site
|
||||
| Visit Site > | Visit Site > |
Overall Rating
| Feature | IG | CMC Markets | FOREX.com | FP Markets | Tickmill |
| Overall | |||||
| Commissions & Fees | |||||
| Offering of Investments | |||||
| Platforms & Tools | |||||
| Mobile Trading | |||||
| Research | |||||
| Education | |||||
| Trust Score | 99 | 99 | 99 | 81 | 81 |
| IG Review | CMC Markets Review | FOREX.com Review | FP Markets Review | Tickmill Review | |
| 70% of retail CFD accounts lose money | 69% of retail CFD accounts lose money | 77% of retail CFD accounts lose money | The vast majority of retail CFD accounts lose money | 76% of retail CFD accounts lose money |
Regulation
| Feature | IG | CMC Markets | FOREX.com | FP Markets | Tickmill |
| Trust Score | 99 | 99 | 99 | 81 | 81 |
|
Year Founded |
1974 | 1989 | 1999 | 2005 | 2014 |
|
Publicly Traded (Listed) |
Yes | Yes | Yes | No | No |
|
Bank |
Yes | No | No | No | No |
|
Tier-1 Licenses |
6 | 4 | 4 | 1 | 1 |
|
Tier-2 Licenses |
3 | 2 | 1 | 1 | 2 |
|
Tier-3 Licenses |
1 | 0 | 1 | 0 | 0 |
|
Authorised in the European Union |
Yes | Yes | Yes | Yes | Yes |
Tier-1 Licenses (High Trust)
| Feature | IG | CMC Markets | FOREX.com | FP Markets | Tickmill |
|
ASIC Authorised (Australia) |
Yes | Yes | No | Yes | No |
|
IIROC Authorised (Canada) |
No | Yes | Yes | No | No |
|
SFC Authorised (Hong Kong) |
No | No | No | No | No |
|
FSA Authorised (Japan) |
Yes | No | Yes | No | No |
|
MAS Authorised (Singapore) |
Yes | Yes | No | No | No |
|
FINMA Authorised (Switzerland) |
Yes | No | No | No | No |
|
FCA Authorised (UK) |
Yes | Yes | Yes | No | Yes |
|
CFTC Registered (USA) |
Yes | No | Yes | No | No |
Tier-2 Licenses (Average Trust)
| Feature | IG | CMC Markets | FOREX.com | FP Markets | Tickmill |
|
CBRC Authorised (China) |
No | No | No | No | No |
|
CySEC Authorised (Cyprus) |
No | No | Yes | Yes | Yes |
|
CBI Authorised (Ireland) |
No | No | No | No | No |
|
ISA Authorised (Israel) |
No | No | No | No | No |
|
FMA Authorised (New Zealand) |
Yes | Yes | No | No | No |
|
CBR Authorised (Russia) |
No | No | No | No | No |
|
FSCA Authorised (South Africa) |
Yes | No | No | No | Yes |
|
SEC Authorised (Thailand) |
No | No | No | No | No |
Tier-3 Licenses (Low Trust)
| Feature | IG | CMC Markets | FOREX.com | FP Markets | Tickmill |
| SCB Authorised (Bahamas) | No | No | No | No | No |
| IFSC Authorised (Belize) | No | No | No | No | No |
| BMA Authorised (Bermuda) | Yes | No | No | No | No |
|
FSC Authorised (British Virgin Islands) |
No | No | No | No | No |
|
FSC Authorised (Mauritius) |
No | No | No | No | No |
Investments
| Feature | IG | CMC Markets | FOREX.com | FP Markets | Tickmill |
|
Forex Trading |
Yes | Yes | Yes | Yes | Yes |
|
CFD Trading |
Yes | Yes | Yes | Yes | Yes |
|
Tradeable Symbols (Total) |
19537 | 9852 | 4500 | 8908 | 87 |
|
Forex Pairs (Total) |
104 | 158 | 91 | 61 | 62 |
|
US Stock Trading (Non CFD) |
Yes | No | No | No | No |
|
Int'l Stock Trading (Non CFD) |
Yes | Yes | No | No | No |
|
Cryptocurrency (Physical) |
No | No | No | No | No |
|
Cryptocurrency (CFD) |
Yes | Yes | Yes | Yes | Yes |
|
Social Trading / Copy-Trading |
Yes | Yes | No | Yes | Yes |
Cost
| Feature | IG | CMC Markets | FOREX.com | FP Markets | Tickmill |
|
Average Spread EUR/USD - Standard |
0.745 (August 2020) | 0.74 (August 2020) | 1.4 (UK August 2020) | 1.14 (June 2020) | 0.5 (August 2021) |
|
All-in Cost EUR/USD - Active |
0.365 (May 2020) | 0.64 (August 2020) | 1.5 (August 2020) | 0.61 (August 2020) | 0.3 (August 2021) |
|
Active Trader or VIP Discounts |
Yes | Yes | Yes | Yes | Yes |
|
Execution: Agency Broker |
Yes | No | Yes | No | Yes |
|
Execution: Market Maker |
Yes | Yes | Yes | No | No |
Funding
| Feature | IG | CMC Markets | FOREX.com | FP Markets | Tickmill |
|
Minimum Deposit |
£250.00 | $0.00 | $100.00 | $100 AUD | $100.00 |
|
Bank Wire (Deposit/Withdraw) |
Yes | Yes | Yes | Yes | Yes |
|
Visa/Mastercard (Credit/Debit) |
Yes | Yes | Yes | Yes | Yes |
|
PayPal (Deposit/Withdraw) |
Yes | Yes | Yes | Yes | No |
|
Skrill (Deposit/Withdraw) |
No | No | No | Yes | Yes |
Trading Platforms
| Feature | IG | CMC Markets | FOREX.com | FP Markets | Tickmill |
|
Proprietary Platform |
Yes | Yes | Yes | No | No |
|
Desktop Platform (Windows) |
Yes | Yes | Yes | Yes | Yes |
|
Web Platform |
Yes | Yes | Yes | Yes | Yes |
|
Social Trading / Copy-Trading |
Yes | Yes | No | Yes | Yes |
|
MetaTrader 4 (MT4) |
Yes | Yes | Yes | Yes | Yes |
|
MetaTrader 5 (MT5) |
No | No | Yes | Yes | Yes |
|
cTrader |
No | No | No | No | No |
|
DupliTrade |
No | No | No | No | No |
|
ZuluTrade |
No | No | No | No | Yes |
Trading Tools
| Feature | IG | CMC Markets | FOREX.com | FP Markets | Tickmill |
|
Virtual Trading (Demo) |
Yes | Yes | Yes | Yes | Yes |
|
Alerts - Basic Fields |
Yes | Yes | Yes | Yes | Yes |
|
Watchlists - Total Fields |
14 | 9 | 18 | Default (MT4/MT5) | 7 |
|
Charting - Indicators / Studies (Total) |
30 | 86 | 139 | 59 | 51 |
|
Charting - Drawing Tools (Total) |
20 | 40 | 25 | Default (MT4/MT5) | 31 |
|
Charting - Trade From Chart |
Yes | Yes | Yes | Yes | Yes |
|
Charting - Drawings Autosave |
No | Yes | Yes | No | Yes |
|
Order Type - Trailing Stop |
Yes | Yes | Yes | No | Yes |
Mobile Trading
| Feature | IG | CMC Markets | FOREX.com | FP Markets | Tickmill |
|
Android App |
Yes | Yes | Yes | Yes | Yes |
|
Apple iOS App |
Yes | Yes | Yes | Yes | Yes |
|
Alerts - Basic Fields |
Yes | Yes | Yes | Yes | Yes |
|
Watch List |
Yes | Yes | Yes | Yes | Yes |
|
Watch List Syncing |
Yes | Yes | Yes | No | No |
|
Charting - Indicators / Studies |
30 | 29 | 88 | Default (MT4/MT5) | 30 |
|
Charting - Draw Trendlines |
Yes | Yes | Yes | No | Yes |
|
Charting - Trendlines Moveable |
Yes | Yes | Yes | No | No |
|
Charting - Multiple Time Frames |
Yes | Yes | Yes | Yes | Yes |
|
Charting - Drawings Autosave |
Yes | Yes | Yes | No | Yes |
|
Forex Calendar |
Yes | Yes | Yes | No | Yes |
Research
| Feature | IG | CMC Markets | FOREX.com | FP Markets | Tickmill |
|
Daily Market Commentary |
Yes | Yes | Yes | Yes | Yes |
|
Forex News (Top-Tier Sources) |
Yes | Yes | Yes | Yes | Yes |
|
Weekly Webinars |
Yes | Yes | Yes | No | Yes |
|
Autochartist |
Yes | No | No | Yes | Yes |
|
Trading Central (Recognia) |
No | Yes | Yes | No | No |
|
Delkos Research |
No | No | No | No | No |
|
Social Sentiment - Currency Pairs |
Yes | Yes | Yes | Yes | Yes |
|
Economic Calendar |
Yes | Yes | Yes | Yes | Yes |
Education
| Feature | IG | CMC Markets | FOREX.com | FP Markets | Tickmill |
|
Has Education - Forex or CFDs |
Yes | Yes | Yes | Yes | Yes |
|
Client Webinars |
Yes | Yes | Yes | No | Yes |
|
Client Webinars (Archived) |
Yes | Yes | No | Yes | Yes |
|
Videos - Beginner Trading Videos |
Yes | Yes | Yes | Yes | Yes |
|
Videos - Advanced Trading Videos |
Yes | Yes | Yes | Yes | No |
|
Investor Dictionary (Glossary) |
Yes | Yes | Yes | Yes | Yes |
Major Forex Pairs
| Feature | IG | CMC Markets | FOREX.com | FP Markets | Tickmill |
|
GBP/USD |
Yes | Yes | Yes | Yes | Yes |
|
USD/JPY |
Yes | Yes | Yes | Yes | Yes |
|
EUR/USD |
Yes | Yes | Yes | Yes | Yes |
|
USD/CHF |
Yes | Yes | Yes | Yes | Yes |
|
USD/CAD |
Yes | Yes | Yes | Yes | Yes |
|
NZD/USD |
Yes | Yes | Yes | Yes | Yes |
|
AUD/USD |
Yes | Yes | Yes | Yes | Yes |
Overall
| Feature | IG | CMC Markets | FOREX.com | FP Markets | Tickmill |
| Overall | |||||
| Commissions & Fees | |||||
| Offering of Investments | |||||
| Platforms & Tools | |||||
| Mobile Trading | |||||
| Research | |||||
| Education | |||||
| Trust Score | 99 | 99 | 99 | 81 | 81 |
| IG Review | CMC Markets Review | FOREX.com Review | FP Markets Review | Tickmill Review |
Trading CFDs, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published website as of 12/14/2020 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.
The names, products, services, branding/logos, and other trademarks or images featured or cited within this Website (www.forexbrokers.com) are the property of their respective owners and the owners retain all legal rights therein. These trademark holders are not affiliated with ForexBrokers.com and the use or display of names, trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, or endorses ForexBrokers.com or any of its reviews, products, or services. ForexBrokers.com declares no affiliation, sponsorship, nor any partnership with any trademark holders unless otherwise stated.
IG - 75% 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.
