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

Best Brokers for Forex Research

Steven Hatzakis

Written by Steven Hatzakis
Edited by Jeff Anberg
Fact-checked by Joey Shadeck

January 26, 2026
close
Steven Hatzakis Steven Hatzakis

Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. He is a forex industry expert and an active fintech and crypto researcher.

favicon.png Why you can trust us

Led by Steven Hatzakis, Director of Online Broker Research, the ForexBrokers.com research team collects thousands of data points across hundreds of variables. We evaluate features important to every kind of forex trader, including beginners and active traders. We carefully track data on international regulators, commissions, and spreads to rate forex brokers across our proprietary testing categories.

Our researchers open personal brokerage accounts and test all available platforms on desktop, web, and mobile for each broker reviewed on ForexBrokers.com. Learn more about how we test.

Having access to high-quality forex research is essential for making informed trading decisions. Whether you’re a beginner learning the ropes or an experienced trader fine-tuning your strategy, top-tier research tools can provide the edge to navigate the fast-moving global financial markets effectively. Whether it’s an economic calendar event, breaking news headlines, or insightful market analysis, these technical and fundamental indicators impact market prices every day.

After analyzing thousands of data points, I’ve identified the brokers that excel at delivering actionable insights, advanced tools, and comprehensive market coverage. Here’s a guide to the best brokers for forex research in 2026, based on my hands-on experience and our in-depth testing methodology.

Best Brokers for Research

Broker
Overall Rating
"Best for"
Bullet Points
Overall Score
5.0/5
Best broker for forex research
  • Minimum Deposit: $0
  • Trust Score: 99
  • Tradeable Symbols (Total): 71000
Why we like it
Review

Saxo is an exclusive multi-asset broker with brilliant research and a superb trading platform experience – as well as a stunning selection of over 40,000 securities. Read full review

Pros
  • 70,000+ instruments including forex options.
  • SaxoTraderGo has advanced tools and a clean interface.
  • Offers algo orders, risk tools, and execution by order size.
  • TradingView implementation supports Pine Script and API trading.
Cons
  • No progress tracking or quizzes in education content.
  • Platinum and VIP accounts have high deposit requirements.
  • SaxoTraderPRO lacks quick-start layouts.
  • Can’t drag-to-edit orders on SaxoTraderGo charts.
Overall Score
5.0/5
Integrated research and in-depth analysis
  • Minimum Deposit: ÂŁ1
  • Trust Score: 99
  • Tradeable Symbols (Total): 19537
Why we like it
Review

IG offers the ultimate comprehensive trading package, featuring excellent trading and research tools, industry-leading education, and an extensive range of tradeable markets. Read full review

Pros
  • #1 Overall Broker in our ForexBrokers.com 2026 Awards.
  • Highest Trust Score in 2026; most trusted forex broker.
  • tastyfx brings IG access to U.S. forex traders.
Cons
  • IG’s web platform requires some manual setup.
  • MT5 is not available on IG.
  • Only ~80 symbols available via MetaTrader.
  • IG’s DailyFX news and research site has been discontinued.
Overall Score
5.0/5
Widest selection of research tools
  • Minimum Deposit: $0
  • Trust Score: 99
  • Tradeable Symbols (Total): 8500
Why we like it
Review

Interactive Brokers is a highly trusted multi-asset broker with an extensive offering of tradeable global markets. It delivers competitive fees and high-quality research and education, as well as a modern, institutional-grade trading platform suite. Read full review

Pros
  • Access 150 markets in 34 countries; 28 base currencies.
  • TradingView launched for both manual and algo traders.
  • TWS desktop offers powerful tools for advanced strategies.
  • New IBKR InvestMentor app offers beginner-friendly finance courses.
Cons
  • TWS platform is overwhelming for beginners.
  • No MetaTrader suite or copy trading tools available.
  • $2 minimum commission can be costly for small trade sizes.
Overall Score
4.5/5
Insightful in-house research team
  • Minimum Deposit: $0
  • Trust Score: 92
  • Tradeable Symbols (Total): 4172 info
Why we like it
Review

A trusted global brand, OANDA stands out for its reputation and quality market research. Its regulatory track record is strong, and its support for third-party features bolsters its overall offering. Read full review

Pros
  • MarketPulse and Trade Tap Blog offer daily research and analysis.
  • OANDA Trade app is user-friendly with solid functionality.
  • TradingView and MT4 support with VPS hosting.
  • Algo Labs supports API trading (not in Australia).
Cons
  • Fewer YouTube video updates than peers.
  • New Smart videos education series are mostly platform tutorials.
  • Spreads are high compared to the best overall brokers.
  • OANDA Trade platform trails best-in-class leaders.
Overall Score
5.0/5
Broadcast-quality research
  • Minimum Deposit: $0
  • Trust Score: 99
  • Tradeable Symbols (Total): 40000
Why we like it
Review

Charles Schwab is a highly trusted financial institution and multi-asset broker catering to U.S.-based and international forex traders. Schwab's award-winning thinkorswim platform offers over 70 tradeable currency pairs alongside impressive tools, research, and education. That said, the broker’s forex offering is still largely limited to what is available on thinkorswim. Read full review

Pros
  • thinkorswim supports advanced forex trading.
  • Multi-asset access with 40,000+ tradeable symbols.
  • Live webinars and strong educational content.
Cons
  • Forex trading only available on thinkorswim and to U.S. residents.
  • No trading signals or copy trading.
  • Forex-specific education is limited.
Overall Score
5.0/5
Great web platform
  • Minimum Deposit: $0
  • Trust Score: 99
  • Tradeable Symbols (Total): 12029
Why we like it
Review

CMC Markets is well-trusted across the globe, and delivers a terrific trading experience thanks to its excellent pricing and selection of over 12,000 tradeable instruments. Read full review

Pros
  • 12,000+ instruments and over 282 forex pairs available.
  • Next Gen platform is packed with tools and charts.
  • Industry-best pricing with low spreads and active trader perks.
  • Launched 24/7 crypto trading, following its acquisition of StrikeX.
Cons
  • MetaTrader 4 has fewer symbols and limited product depth.
  • Spreads have worsened slightly year-over-year on certain pairs.
  • No automated trading on CMC’s proprietary platform.
  • Education lacks progress tracking or interactive features.
  • The quantity of research content produced has slowed.
Overall Score
5.0/5
Great for educational content
  • Minimum Deposit: $100
  • Trust Score: 99
  • Tradeable Symbols (Total): 5500 info
Why we like it
Review

FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe. It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader. Read full review

Pros
  • Trading Academy is great for all experience levels.
  • Advanced charting through TradingView with 5,500+ symbols.
  • Pro-grade trading tools on web and desktop.
Cons
  • Spreads are higher than other low-cost brokers.
  • Pricing is average unless you qualify for active trader discounts.
  • Stock and futures trading require a separate StoneXone account.

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.

Top 5 Winners for Forex Research

1. Saxo – Best broker for forex research

Company Overall Rating Research Minimum Deposit Average spread (EUR/USD) - Standard account
Saxo logoSaxo
5/5 Stars 5/5 Stars $0 1.0 info

Saxo stands out as the premier broker for forex research in 2026, delivering an unparalleled blend of high-quality in-house analysis, cutting-edge tools, and third-party insights that earned Saxo our 2026 Annual Award for #1 Research.

SaxoStrats: Saxo’s SaxoStrats research team produces market-leading content, offering traders expert coverage of key macroeconomic themes, geopolitical developments, and forex-specific insights. Their Market Analysis section, updated daily, includes articles, videos, and podcasts, providing actionable trading ideas across asset classes.

Integrated research: In addition to how well Saxo’s research offering is integrated into its proprietary platforms, SaxoTraderGO and SaxoTraderPRO, you also have signals from Autochartist that are an excellent part of the platform experience. In addition, top-tier news feeds like Dow Jones Newswire help round out its research offering. Saxo’s platform suite categorizes research by asset class and theme, allowing traders to easily access information relevant to their strategy. This is one standout feature that I like most about Saxo’s research — in addition to its superb quality — content is arranged and organized within the platform experience so that it is extremely easy to consume as you scan markets.

Reports and education: With quarterly outlooks, annual Outrageous Predictions reports, and comprehensive video content, Saxo goes beyond traditional forex research, with both short-term focus for traders alongside longer-term trends for investing. The integration of educational tools like webinars and market explainers ensures traders not only stay informed but also continue improving their skills. For professional-grade market research combined with intuitive platform design, Saxo sets the gold standard in forex trading.

Learn more about its extensive offerings at my full Saxo review.

2. IG – Integrated research and in-depth analysis

Company Overall Rating Research Minimum Deposit Average spread (EUR/USD) - Standard account
IG logoIG
5/5 Stars 5/5 Stars ÂŁ1 0.91 info

IG delivers an exceptional research experience, combining in-depth market analysis with innovative tools and an intuitive web and mobile platform.

Integrated research: IG integrates a wide range of resources, including in-house analysis, third-party research, and trading signals within its flagship web and mobile app. In addition, IG publishes periodic special reports that touch on research and educational themes in an interactive manner. IG provides daily live coverage of global markets, alongside a steady stream of news headlines from Reuters, as well as signals from Autochartist and PIA First (Acuity Trading), which can be easily copied into a trade ticket from within the IG platform itself.

News and TipRanks: Overall, IG’s research is well integrated across its web and mobile platforms, and on its main website, offering traders a holistic view of market across major asset classes, and one of my favorite brokers overall in this category. Another standout feature is the “Recommended News” section, which tailors news headlines and market analysis to align with the trader’s preferences. Additionally, the inclusion of TipRanks analysis empowers traders by providing detailed insights into broader market movements beyond forex.

3. Interactive Brokers – Wide selection of research tools

Company Overall Rating Research Minimum Deposit Average spread (EUR/USD) - Standard account
Interactive Brokers logoInteractive Brokers
5/5 Stars 5/5 Stars $0 0.226 info

Interactive Brokers (IBKR) offers the widest selection of research from third-party providers than any other broker we review, making it an excellent choice for research.

Research suite: In addition to offering unparalleled access to a vast array of global markets, the free and premium research tools available help complement the trading experience across asset classes. Its robust research suite earned it Best in Class honors for Research in the ForexBrokers.com 2026 Annual Awards.

Third-party services: What sets IBKR apart is its comprehensive research ecosystem, featuring content from dozens of providers, including top-tier names like Reuters. IBKR’s Traders’ Insight blog delivers in-house analysis and guest contributions across multiple asset classes, while premium research options allow traders to unlock even deeper insights. For forex-specific research, IBKR includes customizable news feeds, an economic calendar tailored to currency pairs, and institutional-level analysis.

Available in platforms: While many of the providers are available in IBKR’s Trader Workstation (TWS) platform, recently IBKR expanded its selection of research providers within its web-based Client Portal platform, including content from Trading Central and Acuity Trading.

4. OANDA – Insightful in-house research team

Company Overall Rating Research Minimum Deposit Average spread (EUR/USD) - Standard account
OANDA logoOANDA
4.5/5 Stars 5/5 Stars $0 1.68 info

OANDA is an excellent choice for research in 2026. What makes OANDA shine in this category is its MarketPulse hub, which delivers exceptional research with multiple daily updates, including articles covering forex trends, economic events, and global market analysis.

Research tools: Additionally, OANDA integrates research tools like Autochartist for technical analysis and trading signals, helping to complement the trading experience when you are looking for market opportunities.

Daily commentary: OANDA's daily market commentary streams live news headlines from Dow Jones Newswire within its proprietary OANDA Trade platform and mobile app. One feature I like is the ability to filter news by categories and trading signals, which enhances the usability of OANDA’s research offering. Despite offering fewer video updates than leaders like IG, OANDA’s written content remains detailed and accessible, appealing to both novice and advanced traders.

Ease of use: What also sets OANDA apart is its ease of use across platforms. The Trade mobile app integrates research with smooth charting capabilities powered by TradingView, featuring over 80 technical indicators. Overall, OANDA remains a solid option for traders who value reliable and diverse research resources.

Learn more about its full offering at my OANDA review.

5. Charles Schwab – Broadcast-quality research

Company Overall Rating Research Minimum Deposit Average spread (EUR/USD) - Standard account
Charles Schwab logoCharles Schwab
5/5 Stars 5/5 Stars $0 1.27 info

Charles Schwab stands out as a leader in research, offering an impressive array of in-house content through its Schwab Network, delivering broadcast-quality video production.

Broadcast-quality research: With an extensive lineup of videos, webinars, and educational resources, Schwab provides unmatched depth and breadth of content throughout the trading week. This diverse offering is seamlessly integrated into both its web platform and the thinkorswim platform.

Premium research: While forex-specific resources remain limited, Schwab compensates by including premium research from Dow Jones, Thomson Reuters, and CNBC within thinkorswim, ensuring traders stay well-informed on global market developments.

thinkorswim platform: Schwab's thinkorswim platform elevates its forex offering with advanced technical analysis tools, featuring over 374 indicators and highly customizable charting capabilities.

Our testing

Why you should trust us

Steven Hatzakis is a well-known finance writer, with 25+ years of experience in the foreign exchange and financial markets. He is the Global Director of Online Broker Research for Reink Media Group, leading research efforts for ForexBrokers.com since 2016. Steven is an expert writer and researcher who has published over 1,000 articles covering the foreign exchange markets and cryptocurrency industries. He has served as a registered commodity futures representative for domestic and internationally-regulated brokerages. Steven holds a Series III license in the US as a Commodity Trading Advisor (CTA).

All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.

Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors with quality data they can trust. Click here to learn more about how we test.

How we tested

At ForexBrokers.com, our online broker reviews are based on our collected quantitative data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).

Mobile testing is conducted on modern devices that run the most up-to-date operating systems available:

  • For Apple, we use MacBook Pro laptops running macOS 15.3, and the iPhone XS running iOS 18.3.
  • For Android, we use the Samsung Galaxy S20 and Samsung Galaxy S23 Ultra devices running Android OS 15.

All websites and web-based platforms are tested using the latest version of the Google Chrome browser.

Our researchers thoroughly test a wide range of key features, such as the availability and quality of watch lists, mobile charting, real-time and streaming quotes, and educational resources – among other important variables. We also evaluate the overall design of the mobile experience, and look for a fluid user experience moving between mobile and desktop platforms.

star_rate ForexBrokers.com Overall Rankings

Now that you've seen our picks for the best brokers on this guide, check out ForexBrokers.com's overall broker rankings. We've evaluated over 60 forex brokers, using a testing methodology that's based on 100+ data-driven variables and thousands of data points. Also take a look at our full-length, in-depth forex broker reviews.

Popular Forex Trading Tools and Platform Guides

Popular Forex Guides

More Forex Guides

Popular Forex Broker Reviews

Forex Risk Disclaimer

There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Read more on forex trading risks.

About the Editorial Team

Steven Hatzakis

Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).

Jeff Anberg

Jeff Anberg is a Senior Editor at ForexBrokers.com. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University.

Joey Shadeck

Joey Shadeck is a Content Strategist and Research Analyst for ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.

close