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.
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 | Pepperstone | City Index |
| Overall | |||||
| Commissions & Fees | |||||
| Offering of Investments | |||||
| Platforms & Tools | |||||
| Mobile Trading | |||||
| Research | |||||
| Education | |||||
| Trust Score | 99 | 99 | 93 | 90 | 93 |
| 76% of retail CFD accounts lose money | 79% of retail CFD accounts lose money | 73% of retail CFD accounts lose money | Between 74-89% of retail CFD accounts lose money | 74% of retail CFD accounts lose money | |
| IG Review | CMC Markets Review | FOREX.com Review | Pepperstone Review | City Index Review | |
| Winner | check_circle |
Regulation
| Feature | IG | CMC Markets | FOREX.com | Pepperstone | City Index |
| Trust Score | 99 | 99 | 93 | 90 | 93 |
|
Year Founded |
1974 | 1989 | 1999 | 2010 | 1983 |
|
Publicly Traded (Listed) |
Yes | Yes | Yes | No | Yes |
|
Bank |
Yes | No | No | No | No |
|
Tier-1 Licenses |
6 | 4 | 4 | 2 | 3 |
|
Tier-2 Licenses |
3 | 2 | 0 | 1 | 0 |
|
Tier-3 Licenses |
1 | 0 | 1 | 1 | 1 |
|
Authorised in the European Union |
Yes | Yes | Yes | Yes | Yes |
Tier-1 Licenses
| Feature | IG | CMC Markets | FOREX.com | Pepperstone | City Index |
|
ASIC Authorised (Australia) |
Yes | Yes | No | Yes | Yes |
|
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 | Yes |
|
FINMA Authorised (Switzerland) |
Yes | No | No | No | No |
|
FCA Authorised (UK) |
Yes | Yes | Yes | Yes | Yes |
|
CFTC Registered (USA) |
Yes | No | Yes | No | No |
Investments
| Feature | IG | CMC Markets | FOREX.com | Pepperstone | City Index |
|
Forex: Spot Trading |
Yes | Yes | Yes | Yes | Yes |
|
Social Trading / Copy-Trading |
Yes | Yes | No | Yes | Yes |
|
Currency Pairs (Total Forex pairs) |
104 | 158 | 91 | 61 | 65 |
|
CFDs - Total Offered |
19537 | 9852 | 4500 | 127 | 4500 |
|
Cryptocurrency traded as actual |
No | No | No | No | No |
|
Cryptocurrency traded as CFD |
Yes | Yes | Yes | Yes | Yes |
Cost
| Feature | IG | CMC Markets | FOREX.com | Pepperstone | City Index |
|
Average Spread EUR/USD - Standard |
0.745 (August 2020) | 0.74 (August 2020) | 1.4 (UK August 2020) | 1.16 (August 2020) | 1.1 (Aug 2020) |
|
All-in Cost EUR/USD - Active |
0.365 (May 2020) | 0.64 (August 2020) | 1.5 (August 2020) | 0.86 (August 2020) | 1.1 (Aug 2020) |
|
Active Trader or VIP Discounts |
Yes | Yes | Yes | Yes | Yes |
Funding
| Feature | IG | CMC Markets | FOREX.com | Pepperstone | City Index |
|
Minimum Initial Deposit |
£250.00 | $0.00 | $100.00 | $200.00 | £50.00 |
|
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 | Yes |
|
Skrill (Deposit/Withdraw) |
No | No | No | Yes | No |
Trading Platforms
| Feature | IG | CMC Markets | FOREX.com | Pepperstone | City Index |
|
Proprietary Platform |
Yes | Yes | Yes | No | Yes |
|
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 | No |
|
cTrader |
No | No | No | Yes | No |
Trading Tools
| Feature | IG | CMC Markets | FOREX.com | Pepperstone | City Index |
|
Virtual Trading (Demo) |
Yes | Yes | Yes | Yes | Yes |
|
Alerts - Basic Fields |
Yes | Yes | Yes | Yes | Yes |
|
Watchlists - Total Fields |
14 | 9 | 18 | 7 | 18 |
|
Charting - Indicators / Studies (Total) |
30 | 86 | 139 | 51 | 139 |
|
Charting - Drawing Tools (Total) |
20 | 40 | 25 | 31 | 25 |
|
Charting - Trade From Chart |
Yes | Yes | Yes | Yes | Yes |
|
Charting - Drawings Autosave |
No | Yes | Yes | Yes | Yes |
|
Order Type - Trailing Stop |
Yes | Yes | Yes | Yes | Yes |
Mobile Trading
| Feature | IG | CMC Markets | FOREX.com | Pepperstone | City Index |
|
Android App |
Yes | Yes | Yes | Yes | Yes |
|
Apple iOS App |
Yes | Yes | Yes | Yes | Yes |
|
Trading - Forex |
Yes | Yes | Yes | Yes | Yes |
|
Trading - CFDs |
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 | Yes | Yes |
|
Charting - Indicators / Studies |
30 | 29 | 88 | 30 | 88 |
|
Charting - Draw Trendlines |
Yes | Yes | Yes | Yes | Yes |
|
Charting - Trendlines Moveable |
Yes | Yes | Yes | Yes | 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 | Pepperstone | City Index |
|
Daily Market Commentary |
Yes | Yes | Yes | Yes | Yes |
|
Forex News (Top-Tier Sources) |
Yes | Yes | Yes | Yes | Yes |
|
Weekly Webinars |
Yes | Yes | Yes | No | No |
|
AutoChartist |
Yes | No | No | Yes | No |
|
Trading Central (Recognia) |
No | Yes | Yes | No | Yes |
|
Delkos Research |
No | No | No | Yes | No |
|
Social Sentiment - Currency Pairs |
Yes | Yes | Yes | Yes | Yes |
|
Economic Calendar |
Yes | Yes | Yes | Yes | Yes |
Education
| Feature | IG | CMC Markets | FOREX.com | Pepperstone | City Index |
|
Has Education - Forex |
Yes | Yes | Yes | Yes | Yes |
|
Has Education - CFDs |
Yes | Yes | No | No | Yes |
|
Client Webinars |
Yes | Yes | Yes | Yes | 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 | Yes |
|
Investor Dictionary (Glossary) |
Yes | Yes | Yes | Yes | Yes |
Major Forex Pairs
| Feature | IG | CMC Markets | FOREX.com | Pepperstone | City Index |
|
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 | Pepperstone | City Index |
| Overall | |||||
| Commissions & Fees | |||||
| Offering of Investments | |||||
| Platforms & Tools | |||||
| Mobile Trading | |||||
| Research | |||||
| Education | |||||
| Trust Score | 99 | 99 | 93 | 90 | 93 |
| IG Review | CMC Markets Review | FOREX.com Review | Pepperstone Review | City Index Review | |
| Winner | check_circle |
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 web site as of 01/20/2020 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 - 76% 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.
