menuclose
Back to Main Menu
ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Learn How We Make Money

Compare Forex Brokers

ForexBrokers.com

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.

Select Brokers

↓×
  • check_box_outline_blankcheck_boxActivTrades
  • check_box_outline_blankcheck_boxAvaTrade
  • 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_boxEightcap
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxExness
  • check_box_outline_blankcheck_boxFOREX.com
  • check_box_outline_blankcheck_boxFP Markets
  • check_box_outline_blankcheck_boxFXCM
  • check_box_outline_blankcheck_boxFxPro
  • 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_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxIUX
  • 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_boxSaxo
  • check_box_outline_blankcheck_boxSpreadex
  • check_box_outline_blankcheck_boxSwissquote
  • check_box_outline_blankcheck_boxTickmill
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxVantage
  • check_box_outline_blankcheck_boxXM Group
  • check_box_outline_blankcheck_boxXTB

Compare

0 of 5
navigate_before navigate_next
Overall Rating IG Saxo CMC Markets XTB eToro OANDA Plus500 AvaTrade
Overall Rating info 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars
Trading Fees 5/5 Stars 5/5 Stars 5/5 Stars 4.5/5 Stars 4/5 Stars 4/5 Stars 4.0/5 Stars 4.5/5 Stars
Range of Investments 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars 4/5 Stars
Trading Platforms 5/5 Stars 5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars 4/5 Stars 4.5/5 Stars 4.5/5 Stars
Mobile Trading 5/5 Stars 5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars
Research 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 4.5/5 Stars 5/5 Stars 4.5/5 Stars 4/5 Stars
Education 5/5 Stars 4/5 Stars 4.5/5 Stars 4.5/5 Stars 5/5 Stars 4/5 Stars 4.0/5 Stars 5/5 Stars
Trust Score info 99 99 99 96 97 92 99 96
Winner check_circle
Review IG Review Saxo Review CMC Markets Review XTB Review eToro Review OANDA Review Plus500 Review AvaTrade Review
Broker Screenshots IG Saxo CMC Markets XTB eToro OANDA Plus500 AvaTrade
Broker Gallery (click to expand) info
IG trading mobile app charting IG web platform dark mode IG research special research reports IG educational academy course detail
Saxo SaxoTraderGO mobile charts. Saxo SaxoTraderGO web platform webinars SaxoTraderGO web platform US election geopolitical market event theme. Saxo's research daily articles forex market analysis
CMC Markets Next Generation mobile trade ticket order. CMC Markets Next Generation web platform layout light theme CMC Markets research weekly outlook detail. CMC Markets OPTO Podcast.
XTB xStation mobile trading app sentiment XTB xStation 5 web platform XTB website news headlines and sentiment. XTB educational course intermediate article lesson details
eToro mobile watchlist eToro web trading platform cryptocurrency watchlist eToro Digest & Invest podcast. eToro academy courses beginners.
OANDA fxTrade mobile trading app charting OANDA Trade web platform. OANDA's website features research in the form of its MarketPulse blog, which includes news, analysis, and articles. The OANDA website's educational hub features webinars and videos covering current events and financial analysis.
Plus500 mobile app charts. Plus500 trading platform EURUSD Plus500 web platform market news analysis articles. Plus500 webinars with Corellian Academy YouTube video playlist
AvaTradeGo mobile app chart view AvaTrade web trader platform chart layout trading signals AvaTrade research within web platform new headlines AvaTrade Academy educational courses overview.
Regulation IG Saxo CMC Markets XTB eToro OANDA Plus500 AvaTrade
Trust Score info 99 99 99 96 97 92 99 96
Year Founded info 1974 1992 1989 2002 2007 1996 2008 2006
Publicly Traded (Listed) info Yes No Yes Yes Yes No Yes No
Bank info Yes Yes No No No No No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info Yes info Yes Yes info Yes info Yes info Yes info
Tier-1 Licenses info 8 7 6 2 4 7 7 4
Tier-2 Licenses info 2 1 1 2 1 0 4 3
Tier-3 Licenses info 0 0 0 1 0 0 0 1
Tier-4 Licenses info 1 0 0 2 1 1 2 1
Tier-1 Licenses (Highly Trusted) IG Saxo CMC Markets XTB eToro OANDA Plus500 AvaTrade
Australia (ASIC Authorised) info Yes Yes Yes No Yes Yes Yes Yes
Canada (CIRO Authorised) info No No Yes No No Yes Yes Yes
Hong Kong (SFC Authorised) info No Yes No No No No No No
Japan (FSA Authorised) info Yes Yes No No No Yes Yes Yes
Singapore (MAS Authorised) info Yes Yes Yes No Yes Yes Yes No
Switzerland (FINMA Authorised) info Yes Yes
United Kingdom (U.K.) (FCA Authorised) info Yes Yes Yes Yes Yes Yes Yes No
USA (CFTC Authorized) info Yes No No No No Yes No No
New Zealand (FMA Authorised) info Yes No Yes No No No Yes No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info Yes info Yes Yes info Yes info Yes info Yes info
Tier-2 Licenses (Trusted) IG Saxo CMC Markets XTB eToro OANDA Plus500 AvaTrade
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No No No No No Yes Yes
South Africa (FSCA Authorised) info Yes No No Yes No No Yes Yes
UAE (DFSA, FSRA, or CMA Authorised) info Yes Yes info Yes Yes info Yes info No Yes info Yes
India (SEBI Authorised) info No No No No No No Yes No
Jordan (JSC Authorised) info
Investments IG Saxo CMC Markets XTB eToro OANDA Plus500 AvaTrade
Forex Trading (Spot or CFDs) info Yes Yes Yes Yes Yes Yes info Yes info Yes
Tradeable Symbols (Total) info 19537 71000 12029 10900 info 7441 4172 info 5500 info 1260
Forex Pairs (Total) info 97 190 141 71 55 69 65 53
U.S. Stocks (Shares) info Yes Yes Yes Yes Yes Yes Yes No
Global Stocks (Non-U.S. Shares) info Yes Yes Yes Yes Yes Yes Yes No
Copy Trading info No No Yes No Yes Yes info No Yes
Cryptocurrency (Underlying) info Yes info No No No Yes Yes No No
Cryptocurrency (CFDs) info Yes Yes Yes Yes Yes Yes info Yes info 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). 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. 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 IG Saxo CMC Markets XTB eToro OANDA Plus500 AvaTrade
Average spread (EUR/USD) - Standard account info 0.91 info 1.0 info 1.3 info 0.92 info 1 1.68 info 1.3 info 0.93 info
All-in Cost EUR/USD - Active info 0.82 info 0.8 info 0.65 info 0.92 info 1 1.69 info 1.3 info 0.61 info
Inactivity Fee info Yes Yes Yes Yes Yes Yes Yes Yes
Order execution: Agency info Yes Yes No Yes Yes No No No
Order execution: Market Maker info Yes Yes Yes Yes Yes Yes Yes Yes
Funding IG Saxo CMC Markets XTB eToro OANDA Plus500 AvaTrade
Minimum Deposit info £1 $0 $0 $0 info $50-$10,000 $0 €50 info $100
PayPal (Deposit/Withdraw) info Yes No Yes Yes Yes Yes Yes Yes
Skrill (Deposit/Withdraw) info No No No Yes Yes Yes Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes Yes Yes Yes Yes Yes Yes
Non-wire bank transfer info Yes No Yes No Yes Yes info No No
Trading Platforms IG Saxo CMC Markets XTB eToro OANDA Plus500 AvaTrade
Proprietary Desktop Trading Platform info Yes Yes Yes Yes Yes Yes Yes Yes
Desktop Platform (Windows) info Yes Yes Yes Yes No Yes No Yes
Web Platform info Yes Yes Yes Yes Yes Yes Yes Yes
Copy Trading info No No Yes No Yes Yes info No Yes
MetaTrader 4 (MT4) info Yes No Yes No No Yes No Yes
MetaTrader 5 (MT5) info Yes No Yes No No Yes info No Yes
cTrader info No No No No No No No No
Trading Tools IG Saxo CMC Markets XTB eToro OANDA Plus500 AvaTrade
Virtual Trading (Demo) info Yes Yes Yes Yes Yes Yes Yes Yes
Price Alerts info Yes Yes Yes Yes Yes Yes Yes Yes
Charting - Indicators / Studies (Total) info 33 61 73 39 106 89 115 80
Charting - Trade From Chart info Yes Yes Yes Yes Yes Yes No Yes
Charts can be saved info Yes Yes Yes Yes Yes Yes Yes Yes
Mobile Trading IG Saxo CMC Markets XTB eToro OANDA Plus500 AvaTrade
Android App info Yes Yes Yes Yes Yes Yes Yes Yes
Apple iOS App info Yes Yes Yes Yes Yes Yes Yes Yes
Mobile Price Alerts info Yes Yes Yes Yes Yes Yes Yes Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info Yes Yes Yes No Yes No Yes Yes
Mobile Charting - Indicators / Studies info 33 64 29 39 104 30 115 73
Mobile Charting - Draw Trendlines info Yes Yes Yes Yes Yes Yes Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes Yes Yes No Yes No No
Mobile Research - Economic Calendar info Yes Yes Yes Yes No Yes Yes Yes
Research IG Saxo CMC Markets XTB eToro OANDA Plus500 AvaTrade
Daily Market Commentary (Articles) info Yes Yes Yes Yes Yes Yes Yes No
Forex News (Top-Tier Sources) info Yes Yes Yes Yes Yes Yes No Yes
Autochartist info Yes Yes Yes No No Yes No No
Trading Central info No No No No Yes No Yes Yes
TipRanks info Yes No No No Yes No No No
Client sentiment data info Yes Yes Yes Yes Yes Yes Yes Yes
Economic Calendar info Yes Yes Yes Yes Yes Yes Yes Yes
Education IG Saxo CMC Markets XTB eToro OANDA Plus500 AvaTrade
Webinars info Yes Yes No Yes Yes Yes Yes info Yes
Videos - Beginner Trading Videos info Yes Yes Yes Yes Yes Yes Yes Yes
Videos - Advanced Trading Videos info Yes Yes Yes Yes Yes Yes Yes Yes
Major Forex Pairs IG Saxo CMC Markets XTB eToro OANDA Plus500 AvaTrade
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes Yes Yes Yes Yes Yes Yes info Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review IG Review Saxo Review CMC Markets Review XTB Review eToro Review OANDA Review Plus500 Review AvaTrade Review
Overall IG Saxo CMC Markets XTB eToro OANDA Plus500 AvaTrade
Overall Rating info 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars
Trading Fees 5/5 Stars 5/5 Stars 5/5 Stars 4.5/5 Stars 4/5 Stars 4/5 Stars 4.0/5 Stars 4.5/5 Stars
Range of Investments 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars 4/5 Stars
Trading Platforms 5/5 Stars 5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars 4/5 Stars 4.5/5 Stars 4.5/5 Stars
Mobile Trading 5/5 Stars 5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars
Research 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 4.5/5 Stars 5/5 Stars 4.5/5 Stars 4/5 Stars
Education 5/5 Stars 4/5 Stars 4.5/5 Stars 4.5/5 Stars 5/5 Stars 4/5 Stars 4.0/5 Stars 5/5 Stars
Trust Score info 99 99 99 96 97 92 99 96
Winner check_circle
Review IG Review Saxo Review CMC Markets Review XTB Review eToro Review OANDA Review Plus500 Review AvaTrade Review
arrow_upward

close
navigate_before navigate_next