menuclose
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

August 29, 2023

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 74% 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_boxACY Securities
  • check_box_outline_blankcheck_boxAdmirals
  • check_box_outline_blankcheck_boxAlpari
  • check_box_outline_blankcheck_boxATFX
  • check_box_outline_blankcheck_boxAvaTrade
  • check_box_outline_blankcheck_boxAxi
  • check_box_outline_blankcheck_boxBDSwiss
  • check_box_outline_blankcheck_boxBlackBull Markets
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCity Index
  • check_box_outline_blankcheck_boxCMC Markets
  • check_box_outline_blankcheck_boxDooPrime
  • check_box_outline_blankcheck_boxeasyMarkets
  • check_box_outline_blankcheck_boxEightcap
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxFineco Bank
  • check_box_outline_blankcheck_boxFlowBank
  • check_box_outline_blankcheck_boxFOREX.com
  • check_box_outline_blankcheck_boxForex4you
  • check_box_outline_blankcheck_boxFP Markets
  • check_box_outline_blankcheck_boxFXCM
  • check_box_outline_blankcheck_boxFXGT.com
  • check_box_outline_blankcheck_boxFXOpen
  • check_box_outline_blankcheck_boxFXPrimus
  • check_box_outline_blankcheck_boxFxPro
  • check_box_outline_blankcheck_boxGBE brokers
  • check_box_outline_blankcheck_boxGKFX
  • 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_boxIronFX
  • check_box_outline_blankcheck_boxLegacyFX
  • check_box_outline_blankcheck_boxLibertex (Forex Club)
  • check_box_outline_blankcheck_boxMarkets.com
  • check_box_outline_blankcheck_boxMoneta Markets
  • check_box_outline_blankcheck_boxMultiBank
  • check_box_outline_blankcheck_boxOANDA
  • check_box_outline_blankcheck_boxOcta
  • check_box_outline_blankcheck_boxPepperstone
  • check_box_outline_blankcheck_boxPlus500
  • check_box_outline_blankcheck_boxRoboForex (RoboMarkets)
  • check_box_outline_blankcheck_boxSaxo
  • check_box_outline_blankcheck_boxSpreadex
  • check_box_outline_blankcheck_boxSwissquote
  • check_box_outline_blankcheck_boxTD Ameritrade
  • check_box_outline_blankcheck_boxTeleTrade
  • check_box_outline_blankcheck_boxThinkMarkets
  • check_box_outline_blankcheck_boxTickmill
  • check_box_outline_blankcheck_boxTMGM
  • check_box_outline_blankcheck_boxTopFX
  • check_box_outline_blankcheck_boxTrade Nation
  • check_box_outline_blankcheck_boxTrade360
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxVantage
  • check_box_outline_blankcheck_boxVestle
  • check_box_outline_blankcheck_boxVT Markets
  • check_box_outline_blankcheck_boxXM Group
  • check_box_outline_blankcheck_boxXTB
  • check_box_outline_blankcheck_boxXtrade

Compare

0 of 5
× IG

Join 239,000+ traders worldwide.

Visit Site

(Trading forex carries a high level of risk)

× Interactive Brokers

Quotes as tight as 1/10 of a pip

Visit Site

(66% of retail CFD accounts lose money)

× CMC Markets
× FOREX.com

A Global Market Leader!

Visit Site

(Trading forex carries a high level of risk.)

× eToro
navigate_before navigate_next
Overall Rating IG Interactive Brokers CMC Markets FOREX.com eToro
Overall Rating info 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 4.5/5 Stars
Commissions & Fees 5/5 Stars 5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars
Offering of Investments 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars
Platform & Tools 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 4.5/5 Stars
Mobile Trading 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 4.5/5 Stars
Research 5/5 Stars 5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars
Education 5/5 Stars 5/5 Stars 4.5/5 Stars 5/5 Stars 4.5/5 Stars
Trust Score info 99 99 99 99 90
Winner check_circle
Review IG Review Interactive Brokers Review CMC Markets Review FOREX.com Review eToro Review
Broker Screenshots IG Interactive Brokers CMC Markets FOREX.com eToro
Trading Platforms Gallery (click to expand) info
IG web platform full screen. IG web platform layout. IG web trading platform IG web trading order window trading form chart IG web trading platform charts. IG client portal demo accounts. IG web trading platform signals Autochartist IG web options trading platform options chain IG web options trading platform IG cryptocurrency watchlist IG MT4 desktop trading platform IG MT4 desktop trading platform charts
IBKR TWS desktop platform forex trading layout. Interactive Brokers web portal platform. IBKR TWS desktop platform charting Interactive Brokers Client Portal forex overview IBKR TWS desktop platform daily lineup global headlines Interactive Brokers Client Portal forex trade ticket Interactive Brokers cryptocurrency trading Bitcoin Interactive Brokers cryptocurrency trading Bitcoin market order paxos Interactive Brokers Trader Workstation TWS desktop trading platform Interactive Brokers Trader Workstation TWS desktop trading platform charts layout Interactive Brokers Trader Workstation TWS desktop trading platform crypto layout Interactive Brokers Trader Workstation TWS desktop trading platform daily lineup Interactive Brokers Trader Workstation TWS desktop trading platform forex layout Interactive Brokers Trader Workstation TWS desktop trading platform forex quote pannel Interactive Brokers Trader Workstation TWS desktop forex depth of book Interactive Brokers Trader Workstation TWS desktop forex layout library IBKR TWS desktop platform lost in chart settings
CMC Markets Next Generation platform view CMC Markets Next Generation platform view 2 CMC Markets Next Generation web platform layout light theme CMC Markets Next Generation web platform charts CMC Markets Next Generation web platform charts emerging patterns CMC Markets Next Generation economic calendar CMC Markets Next Generation web platform Trading Book multi-leg orders
FOREX.com ATPro desktop trading platform FOREX.com ATPro desktop trading platform charts FOREX.com ATPro desktop trading platform layout FOREX.com ATPro desktop trading platform news headlines FOREX.com ATPro desktop trading platform trade ticket order window FOREX.com Trading View platform FOREX.com Trading View platform market order FOREX.com Web Trader platform Trading Central technical insight FOREX.com web trader Trading Central research tools. FOREX.com Web Trader platform watchlist FOREX.com MT5 desktop trading platform
eToro web trading platform eToro web platform Pro Charts EUR USD. eToro web trading platform CopyPortfolio eToro research crypto market reports eToro web trading platform CopyPortfolios eToro web trading platform CopyPortfolios trade ticket eToro web trading platform cryptocurrency watchlist eToro web trading platform EUR/USD feed eToro web trading platform forex pairs eToro web trading platform copiers eToro web platform economic calendar. eToro web platform forex news and sentiment. eToro web platform popular forex pairs. eToro web platform smart portfolios. eToro web platform watchlist
Mobile Trading Gallery (click to expand) info
IG trading mobile app charting IG trading mobile app watchlist IG mobile app basic view IG trading mobile app signal center IG trading mobile app pattern recognition signals IG trading mobile app news headlines IG mobile app contract specifications IG mobile app alerts IG mobile app trading tools
Interactive Brokers IBKR Mobile app. Interactive Brokers IBKR mobile trading app watchlist Interactive Brokers IBKR mobile trading app charts Interactive Brokers IBKR mobile trading app IMPACT ratings Interactive Brokers IBKR mobile trading app cryptocurrency trading Interactive Brokers IBKR mobile trading app ESG ratings Interactive Brokers IBKR mobile trading app economic calendar Interactive Brokers IBKR mobile trading app alerts Interactive Brokers IBKR mobile trading app order entry wheel
CMC Markets Next Generation mobile trading app chart CMC Markets Next Generation mobile trading dashboard CMC Markets Next Generation app economic calendar CMC Markets Next Generation app research insights CMC Markets Next Generation app sentiment CMC Markets Next Generation app trade ticket CMC Markets Next Generation app news headlines
FOREX.com mobile app watchlist. FOREX.com mobile app charting. FOREX.com mobile app Trading Central Market Buzz. FOREX.com mobile app news headlines. FOREX.com mobile app economic calendar. FOREX.com mobile app charting Trading View indicators. FOREX.com MetaTrader 4 mobile trading app watchlist FOREX.com MetaTrader 4 mobile trading app charts FOREX.com MetaTrader 4 mobile trading app trade ticket FOREX.com MetaTrader 4 mobile trading app
eToro mobile app biometric authentication fingerprint login. eToro mobile app cryptocurrency watchlist. eToro mobile app trade ticket order window. eToro mobile app settings. eToro mobile app portfolio overview. eToro mobile app watchlist. eToro mobile app eurusd ProCharts Trading View. eToro mobile app smart portfolios. eToro mobile app popular investors. eToro mobile trading app eToro mobile trading app market feed news
Research Gallery (click to expand) info
IG Trading The Markets Podcast IG web economic calendar. IG web platform client sentiment. IG Central Bank calendar IG research special reports articles IG research special reports articles IG research IGTV daily analysis videos IG research IGTV videos IG research currency pair client sentiment IG community IG community curated content IG daily fx research market analysis YouTube video detail
Interactive Brokers web portal premium research Interactive Brokers research providers Client Portal Interactive Brokers research Traders Insight daily analysis article detail Interactive Brokers research Traders Insight daily analysis article Interactive Brokers research YouTube video playlist market analysis
CMC Markets research news daily articles CMC Markets research Opto intelligence news daily analysis articles CMC Markets research news daily analysis articles CMC Markets Next Generation web platform trading signals scanner CMC Markets Next Generation web platform client sentiment
FOREX.com market news analysis. FOREX.com webinars. FOREX.com web trader Trading Central research tools. FOREX.com market research web FOREX.com Web Trader platform Trading Central Analyst Views FOREX.com Web Trader platform Trading Central TC Market Buzz FOREX.com research weekly outlook forecast analysis article detail FOREX.com daily analysis articles
eToro digest and invest podcast. eToro YouTube video shorts. eToro YouTube video market research fundamental analysis quarterly outlook Q2 2023. eToro digest and invest YouTube series video the dark side of AI interview. eToro Plus market research articles. eToro Plus market research article detail. eToro web trading platform forex pairs and sentiment eToro blog news and analysis research articles eToro blog news and analysis
Education Gallery (click to expand) info
IG Academy educational courses. IG academy course IG daily fx educational articles IG research education YouTube channel playlist IG research videos market analysis YouTube playlist IG daily fx educational articles IG daily fx educational course progress tracking IG daily fx YouTube playlist advanced educational video IG daily fx YouTube playlist detail IG educational webinars weekly IG educational academy course detail
Interactive Brokers YouTube channel recent video uploads Interactive Brokers YouTube channel Interactive Brokers educational course videos Interactive Brokers educational course videos Interactive Brokers educational course quizzes Interactive Brokers educational course overview Interactive Brokers webinars
CMC Markets Opto CMC YouTube channel CMC Markets Opto CMC YouTube channel CMC Markets Opto magazine CMC Markets weekly market update
FOREX.com trading academy educational courses. FOREX.com education advanced courses FOREX.com education beginner courses FOREX.com education video YouTube playlist FOREX.com written lessons educational articles FOREX.com written lessons educational articles progress tracking FOREX.com written lessons educational articles quizzes FOREX.com YouTube channel
eToro educational courses video eToro YouTube channel eToro YouTube channel eToro academy courses beginners.
Regulation IG Interactive Brokers CMC Markets FOREX.com eToro
Trust Score info 99 99 99 99 90
Year Founded info 1974 1977 1989 1999 2007
Publicly Traded (Listed) info Yes Yes Yes Yes No
Bank info Yes No No No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info Yes info Yes info Yes info
Tier-1 Licenses info 8 9 5 7 3
Tier-2 Licenses info 2 1 1 1 0
Tier-3 Licenses info 0 0 0 0 0
Tier-4 Licenses info 1 0 0 1 1
Tier-1 Licenses (Highly Trusted) IG Interactive Brokers CMC Markets FOREX.com eToro
Australia (ASIC Authorised) info Yes Yes Yes Yes Yes
Canada (CIRO Authorised) info No Yes Yes Yes No
Hong Kong (SFC Authorised) info No Yes No No No
Japan (SFC Authorised) info Yes Yes No Yes No
Singapore (MAS Authorised) info Yes Yes Yes Yes No
Switzerland (FINMA Authorised) info No No No No No
United Kingdom (U.K.) (FCA Authorised) info Yes Yes Yes Yes Yes
USA (CFTC Authorized) info Yes Yes No Yes No
New Zealand (FMA Authorised) info Yes No Yes No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info Yes info Yes info Yes info
Tier-2 Licenses (Trusted) IG Interactive Brokers CMC Markets FOREX.com eToro
Kenya (CMA Authorised) info No No No No No
Israel (ISA Authorised) info No No No No No
South Africa (FSCA Authorised) info Yes No No No No
UAE (DFSA/Central Bank Authorised) info Yes No Yes Yes No
India (SEBI Authorised) info No Yes No No No
Jordan (JSC Authorised) info No No No No No
Investments IG Interactive Brokers CMC Markets FOREX.com eToro
Forex Trading (Spot or CFDs) info Yes Yes Yes Yes Yes
Tradeable Symbols (Total) info 19537 8500 12074 5500 3479
Forex Pairs (Total) info 97 90 156 91 52
U.S. Stock Trading (Non CFD) info Yes Yes Yes No Yes
Int'l Stock Trading (Non CFD) info Yes Yes Yes No Yes
Social Trading / Copy Trading info No No Yes No Yes
Cryptocurrency (Physical) info No Yes No No Yes
Cryptocurrency (Derivative) info Yes No Yes Yes 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).
Cost IG Interactive Brokers CMC Markets FOREX.com eToro
Average Spread EUR/USD - Standard info 0.98 info 0.63 info 0.61 info 1.4 info 1 info
All-in Cost EUR/USD - Active info 0.82 info 0.63 info 0.51 info 0.83 info N/A
Active Trader or VIP Discounts info Yes Yes Yes Yes Yes
Inactivity Fee info Yes No Yes Yes Yes
Execution: Agency Broker info Yes Yes No No Yes
Execution: Market Maker info Yes No Yes Yes Yes
Funding IG Interactive Brokers CMC Markets FOREX.com eToro
Minimum Deposit info £250.00 $0 $0 $100 $10-$10,000
PayPal (Deposit/Withdraw) info Yes No Yes Yes Yes
Skrill (Deposit/Withdraw) info No No No No Yes
Visa/Mastercard (Credit/Debit) info Yes No Yes Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes Yes Yes Yes
Trading Platforms IG Interactive Brokers CMC Markets FOREX.com eToro
Proprietary Platform info Yes Yes Yes Yes Yes
Desktop Platform (Windows) info Yes Yes Yes Yes No
Web Platform info Yes Yes Yes Yes Yes
Social Trading / Copy Trading info No No Yes No Yes
MetaTrader 4 (MT4) info Yes No Yes Yes No
MetaTrader 5 (MT5) info No No No Yes No
cTrader info No No No No No
DupliTrade info No No No No No
ZuluTrade info No No No No No
Trading Tools IG Interactive Brokers CMC Markets FOREX.com eToro
Virtual Trading (Demo) info Yes Yes Yes Yes Yes
Alerts - Basic Fields info Yes Yes Yes Yes Yes
Watchlists - Total Fields info 5 640 11 20 6
Charting - Indicators / Studies (Total) info 33 128 79 88 104
Charting - Drawing Tools (Total) info 20 6 40 239 161
Charting - Trade From Chart info Yes Yes Yes Yes No
Charts can be saved info Yes Yes Yes Yes Yes
Mobile Trading IG Interactive Brokers CMC Markets FOREX.com eToro
Android App info Yes info Yes Yes Yes Yes
Apple iOS App info Yes Yes Yes Yes Yes
Mobile Alerts - Basic Fields info Yes Yes Yes Yes Yes
Mobile Watchlist info Yes Yes Yes Yes Yes
Watchlist Syncing info Yes Yes Yes Yes Yes
Mobile Charting - Indicators / Studies info 33 70 29 88 104
Mobile Charting - Draw Trendlines info Yes Yes Yes Yes No
Mobile Charting - Multiple Time Frames info Yes Yes Yes Yes Yes
Mobile Charting - Drawings Autosave info Yes No Yes Yes No
Mobile Economic Calendar info Yes Yes Yes Yes No
Research IG Interactive Brokers CMC Markets FOREX.com eToro
Daily Market Commentary info Yes Yes Yes Yes Yes
Forex News (Top-Tier Sources) info Yes Yes Yes Yes No
Autochartist info Yes No Yes No No
Trading Central (Recognia) info No Yes Yes Yes Yes
TipRanks info Yes Yes No No Yes
Social Sentiment - Currency Pairs info Yes Yes Yes Yes Yes
Economic Calendar info Yes Yes Yes Yes Yes
Education IG Interactive Brokers CMC Markets FOREX.com eToro
Education (Forex or CFDs) info Yes Yes Yes Yes Yes
Client Webinars info Yes Yes Yes Yes Yes
Client Webinars (Archived) info Yes Yes Yes Yes Yes
Videos - Beginner Trading Videos info Yes Yes Yes Yes Yes
Videos - Advanced Trading Videos info Yes Yes Yes No Yes
Investor Dictionary (Glossary) info Yes Yes Yes Yes Yes
Major Forex Pairs IG Interactive Brokers CMC Markets FOREX.com eToro
GBP/USD info Yes Yes Yes Yes Yes
USD/JPY info Yes Yes Yes Yes Yes
EUR/USD info Yes Yes Yes Yes Yes
USD/CHF info Yes Yes Yes Yes Yes
USD/CAD info Yes Yes Yes Yes Yes
NZD/USD info Yes Yes Yes Yes Yes
AUD/USD info Yes Yes Yes Yes Yes
Review IG Review Interactive Brokers Review CMC Markets Review FOREX.com Review eToro Review
Overall IG Interactive Brokers CMC Markets FOREX.com eToro
Overall Rating info 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 4.5/5 Stars
Commissions & Fees 5/5 Stars 5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars
Offering of Investments 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars
Platform & Tools 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 4.5/5 Stars
Mobile Trading 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 4.5/5 Stars
Research 5/5 Stars 5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars
Education 5/5 Stars 5/5 Stars 4.5/5 Stars 5/5 Stars 4.5/5 Stars
Trust Score info 99 99 99 99 90
Winner check_circle
Review IG Review Interactive Brokers Review CMC Markets Review FOREX.com Review eToro Review
arrow_upward
Forex.com: The products and services available to you at FOREX.com will depend on your location and on which of its regulated entities holds your account.


close
navigate_before navigate_next